Microsoft (MSFT) on Wednesday offered commentary on its earnings call that is a positive read-through to bitcoin miners, Cantor Fitzgerald
On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day equivalent of $1 billion — on pizza. The event, which marked the first digital currency transaction ever made for a physical item,
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial Times he wants to spend billions of the country's euro reserves on bitcoin.
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on Friday.
FinTech Magazine rounds up this week's top stories, from Bitcoin's endorsement at Davos to Visa's African fintech partnership with Moniepoint
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
In the evolving world of cryptocurrency, the interplay between security and transparency remains a critical discussion. While blockchain technology offers a decentralized and open ledger system, concerns about privacy and data protection continue to emerge.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share markets and spawned allegations from OpenAI that their Chinese rivals used its work and models to make their artificial intelligence.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its borrowing rate unchanged in a range between 4.25% and 4.5%. In their postmeeting statement, policymakers noted that inflation remains "somewhat elevated."
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