📊 Crypto Reports (Aug 19, 2024):

1️⃣ BPI: According to a study by the #Bitcoin Policy Institute (BPI), the energy consumption of #AI may have already surpassed that of Bitcoin mining. The report estimates that annual energy usage at mining facilities is approximately 121.13 TWh. In 2023, AI was responsible for consuming between 20 and 125 TWh. However, making a more accurate assessment is challenging since AI operations are supported by data centers that serve multiple purposes. ⚡️

2️⃣ Citizens for Ethics: Donald Trump, the Republican candidate for U.S. President, has reportedly earned $7.15 million from the sale of non-fungible tokens (NFTs). 🤑

3️⃣ Arkham: Analysts at Arkham Intelligence have found that BlackRock's Bitcoin and #Ethereum spot ETFs have outperformed the crypto funds managed by Grayscale Investments. Their data shows that the assets under management (AUM) for the investment products under the tickers IBIT and ETHA have reached an impressive $21.21 billion. 📈

4️⃣ Glassnode: Despite a 21% correction in Bitcoin's value from its all-time high (ATH), 74% of coins have remained untouched and unmoved over the past six months. 🛡️

5️⃣ CoinShares: During the period from August 12 to 17, 2024, capital inflows into crypto funds dropped to $30 million. 📉

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