WorldPingArthur Hayes argues the artificial intelligence buildout is a leveraged real estate bubble that he says will end in a government bailout larger than 2008. He expects the resulting liquidity creation to carry bitcoin past $1 million.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
Read the full report at Bitcoin.com
WorldPingBitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBIP-110 proponents are debating whether to change the proof-of-work algorithm on their stalled minority chain after it managed to mine only two blocks before Bitcoin’s enormous difficulty effectively brought activity to a signficant crawl.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe breakaway chain drew just 2.53% of mining support, leaving its blocks hours apart and roughly 350 days from a difficulty adjustment while the main network powered ahead.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe businessman, Guren "Bobby" Zhou, has not been charged, though British officials told the Times that the investigation remained active as of late July.
Brief by WorldPing · Original reporting by The Block
WorldPingZach Pandl, Head of Research at Grayscale, believes that while the crypto ecosystem will not be immediately impacted if the Digital Asset Market Clarity Act does not pass, it could affect new investment activity in the U.S.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingMichael Saylor posted Strategy’s bitcoin chart on Aug. 9 with a two-word caption. Days earlier, the company disclosed another bitcoin sale, leaving 842,138 BTC on the books and raising fresh questions about its next move.
Brief by WorldPing · Original reporting by Bitcoin.com
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