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BITCOIN MINERS EMBRACE AI DATA CENTER OPPORTUNITIES Bitcoin miners are gearing up to collaborate on AI data centers, leveraging their robust power supplies and operational expertise. Bernstein, optimistic about Bitcoin's future, predicts staggering price milestones: $200K by 2025, $500K by 2029, and over $1 million by 2033. This aligns with recent moves like Core Scientific's deal with CoreWeave and Hut 8's funding boost. With miners controlling significant power resources, they're poised to lead in powering next-gen AI infrastructure, promising a dynamic future for both sectors. Just for your information not financial advise Source: CoinDesk #BTC
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Latest news from SEC officially ends investigation into stablecoin issuer Paxos, declares $BUSD is not a security #Busd
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BLOCK LANDS MAJOR CRYPTO MINING DEAL, ANALYSTS DEMAND MORE CLARITY Block, under Jack Dorsey's leadership, just sealed a major crypto mining hardware deal with Core Scientific, estimated at $225M-$300M. JP Morgan is pressing for more details on profit margins to accurately assess long-term potential. Block has been steadily rebranding since 2021, with a strong focus on crypto and blockchain, investing 10% of its monthly bitcoin profits back into BTC. With 9% of its Q1 cash in bitcoin, Block is heavily vested in crypto's future. Despite these moves, Block's shares have dropped 17% this year, reflecting the need for clearer financials. Macquarie analysts see this deal as solidifying Block's standing in the crypto hardware industry. Source: Reuters #Crypto #Mining
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🚨CRYPTO CRIME ON THE RISE?!🚨 Hong Kong is the latest battleground in a global trend where violent criminals are kicking down doors and snatching up crypto. Masked thugs are out here abducting kids and demanding ransoms in USDT. They think they can hide in the shadows, but Hong Kong police are supposedly tracking their every move. In March, a 19-year-old was ambushed in a hotel room and beaten with baseball bats for his crypto stash. It’s not just HK — the U.S. and the Philippines are feeling the heat too. Source: DL News This is just for your information not financial advise #scamriskwarning #Hack #BTC
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BTC HODLERS IN THE RED: BIGGEST DIP IN 24 MONTHS Bitcoin nosedives 16.5%, shaking up the market and leaving 83% of short-term hodlers in the red. Onchain data shows unrealized losses for the majority of STHs, with pressure mounting below the $58k resistance zone. Market structure remains strong, but volatility is down as BTC matures. Can the bulls push past the 200-day EMA and break $59k? Source: Coin-telegraph Just for your info
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