Wall Street has fallen in love with the artificial intelligence (AI) trend. This is not surprising, considering that PwC analysts expect AI to add nearly $15.7 trillion to the global…
skolnes
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It might be hard for investors to get excited about a company that has lost nearly $1.5 billion from its operations in the first half of this year. In fact,…
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Cryptocurrency News
This Other Stock May End Up Being the Most Important Data Center Opportunity of All, and It’s Not a Technology Company
by skolnesWhen you think about artificial intelligence (AI), things such as self-driving cars and humanoid robots might come to mind. Counterintuitively, it’s often a good idea to think about how products…
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Ethereum
Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?
by skolnesDalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering…
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Bitcoin News
Woman Sentenced to 8 Years in Prison After Failed Bitcoin Murder-for-Hire Plot
by skolnesA woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a…
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Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt…
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Cryptocurrency News
US stocks end mixed but finish the week near record highs after the Fed’s first rate cut in 4 years
by skolnesSamuel Corum/Getty Images US stocks were mostly lower Friday, though the Dow eked out a gain to close at a record high. The Federal Reserve’s first interest rate cut since…
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William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial…
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Bitcoin News
US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme
by skolnesA Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses,…
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Cryptocurrency News
There’s a 12% correction looming for the stock market by the end of the year, Stifel says
by skolnesAdobe Firefly, Tyler Le/BI Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and…