Just recently, reports surfaced about an upcoming HBO documentary titled “Money Electric,” which promises to unmask the true identity of Bitcoin’s elusive creator, Satoshi Nakamoto. Over on Polymarket, bettors are wagering on who the film might unveil, and currently, Len Sassaman leads the pack as the most likely contender. Intrigued by this, we turned to a handful of generative artificial intelligence (AI)-powered chatbots to see who they predict will be revealed in “Money Electric.” Their responses were both insightful and, in some cases, surprising.
While Polymarket Bettors Predict Sassaman, AI Chatbots Bet on Finney
Once again, we tapped into the vast world of generative AI chatbots to tackle a burning question that’s on the minds of many in the crypto world—Who will HBO’s “Money Electric” reveal as the true identity of Satoshi Nakamoto? This is the bold claim from the documentary’s producers, and while they’re well aware their findings will stir debate, they’re confident it will ignite fresh conversations across the globe.
“We make a hell of a case in the film, and I think that who we land on is unexpected and is going to result in a fair amount of controversy,” the documentary’s director stated in a recent interview with Fast Company.
We took all the suspects Polymarket bettors have been placing their bets on and threw them into the mix with a diverse set of AI chatbots. The lineup included Openai’s Chatgpt 4 and 4o, Claude’s Sonnet, Google’s Gemini, Mistral AI’s Le Chat, Venice.ai, Microsoft’s Copilot creative mode, and Inflection AI’s Pi. We gave them all a straightforward prompt: predict who the documentary will reveal as Satoshi Nakamoto when it premieres next Wednesday.
The exact prompt was:
According to recent reports, HBO’s new documentary “Money Electric” claims to unveil the true identity of Satoshi Nakamoto. Currently, people are placing bets on Polymarket, predicting who will be named. The list of potential candidates featured in the documentary includes Len Sassaman, Hal Finney, Nick Szabo, Adam Back, Craig, Wright, Dorian Nakamoto, Wei Dai, Gavin Andresen, Elon Musk, Jed McCaleb, David Kleinman, Shinichi Mochizuki, Paul Le Roux, Gavin Wood, Vili Lehdonvirta, as well as other individuals or groups. You must review these suspects and decide who you think the documentary will reveal as Satoshi. Make your selection from the list based on who you believe is the mysterious creator.
Openai’s Chatgpt 4 answer:
Considering the various names linked to the identity of Satoshi Nakamoto, Hal Finney stands out as a likely candidate for HBO’s documentary “Money Electric” to identify as the mysterious creator. Finney, a preeminent cryptographer and the first recipient of a bitcoin transaction, had both the skills and the early involvement necessary to potentially be Satoshi.
Venice.ai answer:


Mistral AI’s Le Chat answer:
Based on the list provided, I believe the documentary will reveal Hal Finney as Satoshi Nakamoto. Finney was the first person to receive a bitcoin transaction from Satoshi, lived close to the individual who registered the bitcoin.org domain, and possessed extensive cryptographic knowledge. His involvement in the cypherpunk movement and timely retirement due to illness also align with Satoshi’s disappearance.


A plot chart of all 8 AI chatbot models.
Google Gemini answer:
Disclaimer: This response is based on publicly available information and speculation. It is important to note that the documentary itself may provide evidence that contradicts or supports these theories.
Given the list of potential candidates and the limited public information available about Satoshi Nakamoto, I believe Hal Finney is the most likely person to be revealed as the true creator. Finney was an early adopter of Bitcoin and publicly acknowledged receiving the first Bitcoin transaction. His involvement in the early days of Bitcoin development, coupled with his known interest in cryptography, makes him a strong contender. While other individuals have been linked to Satoshi, Finney’s direct connection to Bitcoin’s inception and his early contributions to the network make him a compelling choice.
Claude’s Sonnet answer:
Based on the list provided, I believe the documentary is most likely to identify Hal Finney as Satoshi Nakamoto. As an early Bitcoin developer and the recipient of the first Bitcoin transaction, Finney had the technical expertise and was closely involved from the beginning. His background in cryptography and cypherpunk ideals also align well with Bitcoin’s foundational principles. However, this is purely speculative, and the true identity remains uncertain.
Inflection AI’s Pi answer:
Given the extensive list of potential candidates for Satoshi Nakamoto, it is challenging to pinpoint one individual. However, among the most compelling possibilities are Hal Finney, Nick Szabo, and Adam Back, who have been linked to the development of Bitcoin through their early involvement in cryptography and digital currencies. In particular, Hal Finney, the first recipient of a Bitcoin transaction from Satoshi, stands out due to his expertise in the field and the timing of his involvement. Ultimately, it remains uncertain who HBO’s documentary will reveal, but these three figures could be among the top contenders.
Microsoft’s Copilot creative mode answer:


Openai’s Chatgpt 4o answer:
Based on the list of candidates, I believe the HBO documentary “Money Electric” will reveal Hal Finney as Satoshi Nakamoto. Finney was a key cryptographic pioneer and the first person to receive a bitcoin transaction from the pseudonymous Nakamoto, making him a strong contender due to his direct involvement with Bitcoin’s development and early use.
As anticipation builds for the release of the HBO documentary, the debate over Satoshi Nakamoto’s identity intensifies, with various AI chatbots and Polymarket bettors offering their predictions. Regardless of who is ultimately revealed, the documentary promises to reignite discussions in the cryptocurrency world, stirring excitement and speculation about Bitcoin’s origins and its mysterious creator.
What do you think about the AI chatbots predictions? Share your thoughts and opinions about this subject in the comments section below.
#WeAreAllSatoshi #HBODocumentarySatoshiRevealed

Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million.
NFT Market Sees $85.8M in Sales, Ethereum Tops $27M
Over the past week, $85.79 million in digital collectible sales were recorded across 21 blockchain networks, cryptoslam.io reports. Ethereum led the way with $27.75 million, marking a 3% increase from the previous week. Bitcoin followed, generating $12.69 million in NFT sales, though this figure represents a 40.27% decline from the prior week. Solana secured third place with $11.97 million, down 10.97%.

Mythos and Polygon NFTs made notable gains, with Mythos rising by 3,957.91% and Polygon by 151.55%. Mythos’ Dmarket was the top-selling NFT collection, recording $10.73 million in sales. Immutable X’s Guild of Guardians followed with $3.26 million. Cryptopunks recorded $3 million in sales, a 4.64% drop. The top-selling NFT of the week was an Ethereum-based Gondi User Vault, which sold for $600,400.
The second-highest sale came from Polygon, as Mining Pass #2372 fetched $205,145, while an Axie from Ronin claimed the third spot, selling for $103,247 four days ago. The number of digital collectible buyers grew by 21.76%, while the number of sellers increased by 17.13%. A total of 1,936,833 NFT transactions were recorded, a 63.64% rise compared to the previous week.
What do you think about this week’s NFT market action? Share your thoughts and opinions about this subject in the comments section below.

A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market.
Bitcoin’s Price May Benefit From Fed’s Rate Cuts
Leena ElDeeb, research analyst at investment firm 21shares, provided insight on how the latest U.S. jobs report could influence bitcoin’s price. Following Friday’s report, which showed stronger-than-expected non-farm payroll growth and an increase in job openings for August, ElDeeb emphasized the importance of labor market data for the broader crypto market. She stated:
Bitcoin and the longer tail of crypto assets are sensitive to labor market data because it influences the Fed’s decision on rate cuts, which in turn have a positive impact on bitcoin as borrowing costs fall.
ElDeeb also noted that recent geopolitical tensions had caused disruptions in the market, but she anticipates a recovery. “We expect flows to start recovering following the escalation of geopolitical tensions that shook the market over the past week,” she said.


With the Federal Reserve closely monitoring labor conditions, bitcoin prices are likely to respond positively as rate cuts ease borrowing costs. 21shares, the world’s largest issuer of crypto exchange-traded products (ETPs), continues to track these macroeconomic trends as they shape digital asset movements.
Last month, the Federal Reserve made its first interest rate cut in over four years, reducing rates by 50 basis points. This shift followed a series of rate hikes aimed at controlling inflation. More cuts are anticipated, with projections suggesting additional 25 basis point reductions by year’s end, contingent on economic and labor market conditions.


The 21shares analyst explained: “The Fed is looking for a strong labor market, which the non-farm payroll has indicated, rising against expectations. Moreover, job openings grew in August, demonstrating strength in the labor market.” She further shared:
Bitcoin and the longer tail of crypto assets are sensitive to labor market data because it influences the Fed’s decision on rate cuts, which in turn have a positive impact on bitcoin as borrowing costs fall. Therefore, we expect flows to start recovering following the escalation of geopolitical tensions that shook the market over the past week.
How do you think these Federal Reserve rate cuts will affect the bitcoin market? Let us know in the comments section below.

Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a Kamala Harris victory could slow regulatory progress, affecting the cryptocurrency market.
Standard Chartered Warns of Bitcoin Dip Amid Middle East Tensions
Banking giant Standard Chartered warned Thursday that bitcoin’s price could dip below $60,000, citing rising geopolitical tensions in the Middle East. The bank, however, considers this potential decline a chance for investors to increase their BTC holdings.


Geoff Kendrick, Standard Chartered’s global head of digital assets research, noted:
Risk concerns related to the Middle East seem destined to push bitcoin below $60,000 before the weekend, but positions like the $80,000 call options highlighted here and the circularity vis-à-vis Trump probabilities suggests the dip should be bought into.
Kendrick drew attention to the link between bitcoin’s price and the evolving U.S. presidential race, where former President Donald Trump’s likelihood of winning has recently improved. He explained that this creates a unique dynamic for BTC, as geopolitical worries may drive prices down, but at the same time, these concerns could boost Trump’s odds, potentially enhancing bitcoin’s outlook after the election.
Some experts believe a Trump win would be favorable for cryptocurrencies, especially given his support for bitcoin. Kendrick cautioned that a victory by Kamala Harris could delay regulatory progress. Even so, he suggested that investors could still capitalize on any post-election dips. He stressed: “A Harris victory would likely trigger an initial price decline, but we would expect investors to buy the dips as the market recognizes that progress on the regulatory front will still be forthcoming.” Earlier this month, the bank’s digital assets head said bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency.


Kendrick also pointed to a notable rise in bitcoin call options. “The amount of call option open interest for the 27 December expiry at a $80,000 strike price on Deribit jumped by 1300 bitcoin over the last two days,” he described. He emphasized:
Gold is a geopolitical hedge. Bitcoin is a hedge against traditional finance issues such as bank collapses or de-dollarisation/U.S. Treasury sustainability issues.
What do you think about the predicted dip in bitcoin’s price and its connection to global tensions and the U.S. presidential race? Let us know in the comments section below.

BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins.
BBVA Plans to Launch Stablecoin in Partnership With Visa
More traditional institutions are entering the virtual currency industry. Banco Bilbao Vizcaya Argentaria (BBVA), a Spain-based bank with over $800 billion in assets that serves more than 89 million customers, will enter the stablecoin market.
BBVA head of digital assets and blockchain Francisco Maroto stated that the company was currently in the project’s sandbox stages, which would leverage a Visa program allowing other financial companies to launch their stablecoins. BBVA’s goal is to reach the launch phase next year.
While the bank has not yet chosen the fiat currency that will be linked to this upcoming stablecoin, Maroto pointed out that it is likely to be the Euro due to the organization’s foothold in Europe. Furthermore, Maroto stressed that the organization is not focused on the U.S. with this launch, at least not in the short term.
BBVA disclosed that it decided to work with Visa due to its regulatory compliance, which would simplify the bank’s procedures compared to adopting other stablecoin options
While the product will likely only be allowed within the bank’s ecosystem at first, the idea is to allow for the interoperability of these assets between different institutions, mimicking the properties of stablecoins like USDT and $USDC , present in several blockchains.
While stablecoins are now a crowded market, with incumbents already commanding billions in market capitalization, alternatives backed by traditional financial institutions are still almost non-existent. Paypal, the giant payments processor, launched its PYUSD stablecoin in August 2023, and while it has faced scrutiny from U.S. regulators, it reached a market capitalization of close to $700 million.
What do you think about BBVA’s and Visa’s foray into the stablecoin market? Tell us in the comments section below '$BTC '

$BTC

$ETH

The Federal Bureau of Investigation (FBI) has issued a warning about Ichcoin, a fraudulent cryptocurrency platform that is deceiving investors across the U.S. by luring them in through social media, then tricking them into wiring large sums of money. Victims are led to believe their investments are growing but are ultimately left with nothing, often losing their life savings. Assistant Special Agent Amanda Culver highlights the ease with which scammers operate and urges caution.
FBI Warns of Ichcoin Cryptocurrency Scam Targeting US Investors
The Federal Bureau of Investigation (FBI) issued a warning on Thursday regarding the fake cryptocurrency platform Ichcoin, which has defrauded investors across the U.S. The FBI’s Houston office is now trying to identify additional victims.
Assistant Special Agent in Charge Amanda Culver described Ichcoin as a “scheme” and a “scam” that often starts on social media platforms such as Instagram and Facebook. Scammers then move communication to WhatsApp, where they pretend to be cryptocurrency investment coaches. From there, they push victims to lie to their banks and wire large sums to the fraudulent platform.
Victims are misled into thinking their investments are growing, only to be “ghosted” when attempting to withdraw funds. Emphasizing that some victims lost their life savings, Culver said:
The average person could certainly be fooled by this scam.
She added: “It is extremely easy to use these platforms to bamboozle people… crypto is one of those platforms on which folks recognize that there can be a return on investment. The concern is that homework needs to be done.” Culver also warned about red flags, saying:
I think it’s important for people to know that any time you receive unsolicited messages from people asking you to invest, promising high rates of return on your investment, telling you that they’re going to give you free money for you to invest, anything along those lines, those are red flags.
What do you think about the Ichcoin scam targeting U.S. investors through social media? Let us know in the comments section below.

At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of factors could either fuel or stall bitcoin’s bull run. Here’s a breakdown of the four key issues that could shape BTC prices in the coming months.
Bitcoin’s 2024 Outlook and Events That Could Shape The Rest of the Year
At the moment, crypto enthusiasts are left guessing whether BTC’s bull run will hold strong or fizzle out for the remainder of 2024. Traditionally, bitcoin performs well in the final quarter of the year. However, September defied expectations, and October kicked off as “Downtober” instead of the much-anticipated “Uptober,” reminding everyone that past patterns don’t guarantee future results. Some in the crypto community are feeling gloomy, believing the bull run might have reached its end.


Bitcoin quarterly returns according to coinglass.com on Oct. 4, 2024.
On the flip side, others liken BTC to a beach ball pushed just below the water’s surface, teetering under its all-time high of $73K, and ready to spring upward, potentially hitting new price highs. Presently, several developments could affect bitcoin’s price going forward in 2024 and many crypto market participants will be monitoring these events to see whether or not they will cause fluctuations in BTC’s value.
The U.S. Election
Many crypto market watchers are buzzing about the potential impact of the 2024 U.S. election between Kamala Harris and Donald Trump. However, plenty of cryptocurrency investors and analysts are convinced that bitcoin prices will rise in 2024, regardless of who takes the White House, although short-term price swings are expected around the election. Financial heavyweight Standard Chartered predicts BTC could reach $125,000 under a Trump administration, while a Harris presidency might see it hit $75,000. Meanwhile, brokerage and research firm Bernstein suggests Trump could drive BTC to $90,000, but under Harris, bitcoin might dip to $35,000.
The Fed’s Federal Open Market Committee Meetings
Many investors and analysts anticipate that potential interest rate cuts by the U.S. Federal Reserve could give bitcoin a boost, and for good reasons. Lower rates typically make borrowing more affordable, increasing liquidity in financial markets and prompting investors to chase higher returns in riskier assets like cryptocurrencies. Bitcoin, often viewed as a risk-on asset, tends to thrive in periods of loose monetary policy. The Federal Reserve has two remaining Federal Open Market Committee (FOMC) meetings for 2024: one on Nov. 8and the final one on Dec. 18.
War and Tensions in the Middle East
The Middle East is currently facing escalating tensions following a string of hostile events. On Tuesday, Iran launched a direct military assault on Israel, using both missiles and drones. G7 leaders swiftly condemned the attack, calling it a grave threat to the region’s stability. This incident has intensified the ongoing conflict between Israel and Hezbollah in Lebanon, stirring fears of a broader war in the area.
Israel has vowed to retaliate, increasing investor caution and pushing markets from a risk-on to a risk-off stance. Historically, during times of geopolitical turmoil, investors shy away from riskier assets. This cautious shift often results in a sell-off in assets like cryptocurrencies as traders move their funds into traditionally safer havens. The latest missile strikes by Iran caused bitcoin to drop below $60,500.
Bitcoin ETF Options
Bitcoin ETF options could present several benefits for BTC prices, including improved price discovery, greater institutional participation, and expanded hedging opportunities. The launch of options tied to bitcoin ETFs can notably boost market liquidity. By allowing traders to take more strategic positions, options attract a broader spectrum of investors. This influx of activity can increase trading volumes, driving demand for the underlying bitcoin ETFs and, by extension, BTC itself. Options also provide leverage, enabling investors to gain exposure to larger amounts of bitcoin with less capital upfront. This leverage can amplify market movements, potentially leading to stronger price gains when sentiment is favorable.


Crypto fear and greed index on Oct. 4, 2024.
Balancing Immediate Market Fluctuations with Long-Term Growth Potential
As the year progresses, bitcoin’s trajectory remains uncertain, swayed by external forces such as geopolitical instability and shifts in financial policy. Market participants are closely monitoring these variables, recognizing that bitcoin’s future performance hinges not just on historical trends but also on the evolving global landscape. The culmination of these events will likely dictate the market’s direction.
With both optimism and skepticism surrounding bitcoin’s potential, the crypto community faces a pivotal period. Investors are left weighing short-term volatility against long-term growth prospects, aware that decisions made now could shape the asset’s future in an unpredictable 2024 market.
What do you think about the four developments that could affect bitcoin’s price in 2024? Share your thoughts and opinions about this subject in the comments section below.

Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial institutions entering the sector with their own funds, driven in part by Blackrock’s successful BUIDL fund. Industry leaders predict this trend will transform the landscape for digital assets.
Surging Interest in Digital Asset Funds Driven by Institutional Investors, Research Shows
Nickel Digital Asset Management published its research on Thursday detailing that institutional investors and wealth managers foresee a substantial increase in the launch of digital asset funds. According to the research:
Around 70% questioned predict a rise in digital asset focused fund launches in the next 12 months compared with the last 12 months with one in seven (14%) forecasting dramatic growth, the study with organisations invested in the digital assets sector found.
Additionally, 92% of respondents expect traditional financial institutions to enter the sector by launching their own funds.


The research highlighted that the growing trend will coincide with increasing participation from traditional financial institutions. “The growth in fund launches will be accompanied by growing engagement in the digital assets sectors by traditional financial institutions, Nickel’s research with institutional investors and wealth managers in the US, UK, Germany, Switzerland, Singapore, Brazil and the United Arab Emirates who collectively manage around $1.7 trillion in assets, shows.”
A significant factor influencing this surge is the success of BlackRock’s BUIDL fund. “Up to 93% questioned believe the number of traditional firms launching funds in the sector will increase over the next three years with 38% predicting a dramatic increase.” BlackRock’s BUIDL fund, launched on the Ethereum network in March, has achieved $500 million in assets under management (AUM). Respondents anticipate it will grow significantly, with 95% predicting it will reach $10 billion by 2025.


Anatoly Crachilov, Nickel Digital’s CEO, commented:
As the digital asset sector evolves and new funds come to market, it’s clear that institutional investors are driving this expansion.
What do you think about the growing trend of digital asset funds and traditional financial institutions entering this space? Let us know in the comments section below.

The various use case tests conducted by UK Finance in partnership with Quant, R3, DXC Technology, and Coadjute found that the Regulated Liability Network could unlock new functionalities for the UK’s financial system. The report also states that UK regulation is versatile enough to support the network’s operations.
UK Finance Concludes Experimentation Phase of Regulated Liability Network Successfully
UK Finance, an association of over 300 institutions providing banking, intermediation, and payment services, has published a report disclosing the results found during the Regulated Liability Network’s (RLN) experimentation phase. The project, which combines central bank money, commercial bank money, and electronic money in the same shared ledger, seeks to modernize the current financial infrastructure, including tokenized assets.
Quant, R3, DXC Technology, and Coadjute were selected to test the project’s feasibility by experimenting with different use cases that leveraged a unified Application programming interface (API) to interact with different ledgers. Financial Industry powerhouses like Barclays, Citi, HSBC, Lloyds Banking Group, Mastercard, Natwest, Nationwide, Santander, Standard Chartered, Virgin Money, and Visa, also participated.
As a result of this experimentation, the project concluded that when integrated with other money initiatives, the platform can deliver economic value and grow innovation in financial markets. In the same way, it can unlock new functionalities by introducing programmable payments, locking, and unlocking funds depending on the use case.
The report also states that a common interface point would benefit firms by abstracting from the complexity of today’s financial world, allowing them to connect with other institutions through a single network. Finally, the report assesses that UK regulation is flexible enough to support the implementation of the RLN.
UK Finance’s Managing Director of Payments, Innovation, and Operational Resilience Jana Mackintosh emphasized the relevance of the success of these tests.
She stated:
The success of the RLN experiment shows the potential of technology to transform the customer experience and deliver economic value and benefits for society. The private sector wants to invest in the future of commercial bank money but needs a partnership with regulators to do so.
What do you think about the latest Regulated Liability Network report? Tell us in the comments section below.
$BTC

Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related to bitcoin and ether.
Bitcoin and Ethereum ETFs Lead Among Newly Introduced Funds in 2024
Bitcoin ($BTC ) and ethereum ($ETH ) have made waves in the exchange-traded fund (ETF) arena, and on Oct. 3, Nate Geraci, co-founder of the ETF Institute, shared an image highlighting the top 25 performers from the 525 ETFs launched this year. The image reveals that 13 of the top 25 are tied to BTC and ETH, and Geraci notes that the count could even reach 14 if you include the MSTR Option Strategy ETF.
“Top 4 ETFs all spot [bitcoin],” Geraci wrote on the social media platform X. “[Five] of [the] top 7 [are] crypto-related,” he added. With a touch of humor, he playfully called his post, “I call this masterpiece ‘no demand.’”

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related
Image source: Nate Geraci, co-founder of the ETF Institute.
Topping the list is Blackrock’s IBIT, boasting $21.53 billion in year-to-date flows, according to Geraci’s data. Fidelity’s FBTC follows with $9.48 billion in flows, and right behind is Ark Invest and 21shares’ ARKB, pulling in $2.36 billion. Bitwise rounds out the top four with $2.10 billion in year-to-date flows.
Geraci’s chart also highlights other standouts like ETHA, HODL, BRRR, BITU, FETH, Grayscale’s Bitcoin Mini Trust, EZBC, BTCO, and ETHW. The 12 U.S. spot bitcoin ETFs have collectively attracted roughly $18.47 billion in net inflows since Jan. 11. In contrast, the nine U.S. spot ether funds saw total outflows of $561.05 million. Altogether, these BTCand ETH funds hold a combined crypto value of $62.75 billion.
What do you think about Geraci’s chart and the bitcoin and ether related ETFs? Share your thoughts and opinions about this subject in the comments section below.

Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility.


Crypto Mining Firm Terawulf Sells $92M Stake in Bitcoin Mine to Fund AI Expansion
$BTC Which includes $85 million in cash and mining equipment valued at $7 million, represents a 3.4x return on Terawulf’s initial investment. The transaction is seen as part of a strategic shift to focus on more efficient and scalable AI and HPC operations. Terawulf aims to reinvest the capital to construct a new 20-megawatt colocation building (CB-1), with operations expected to begin in early 2025.
“This transaction further aligns Terawulf’s focus and investments with where we have the most operational efficiency, the greatest growth potential, and the best opportunity to drive incremental value for shareholders,” Paul Prager, the chief executive officer of Terawulf remarked.
In addition to the AI-focused expansion, Terawulf insisted it remains committed to maintaining its bitcoin mining capabilities. The company plans to upgrade its fleet’s efficiency at the Lake Mariner facility, targeting a capacity of 13 exahash per second (EH/s) by the first quarter of 2025. Alongside this, Terawulf disclosed it is working to complete another colocation building, CB-2, which will have 50 megawatts (MW) of capacity and is expected to be operational by mid-2025.
Many bitcoin miners had already been shifting toward HPC and AI services even well before the fourth Bitcoin halving reduced their block rewards. Since the halving, mining revenue has significantly declined, prompting miners to accelerate their transition to AI services while also mining other proof-of-work assets, such as kaspa and fractal bitcoin. Given their expertise in running large-scale data centers, providing HPC and AI hosting services has become their natural progression.
Terawulf’s decision to monetize its Nautilus stake comes ahead of the expiration of a low-cost power agreement with Talen Energy in 2027. By divesting its interest now, Terawulf further detailed that it intends to capitalize on better cost efficiencies at its New York facility while ensuring that it can meet the growing demand for AI and HPC services using predominantly zero-carbon energy sources.
What do you think about Terawulf’s decision to monetize its Nautilus stake and expand AI and HPC services? Share your thoughts and opinions about this subject in the comments section below.