Move comes day after chief Mark Zuckerberg signalled much higher spending

Bitcoin Magazine Tether Is Buying Bitcoin’s Revolution, How Devastating Will The Consequences Be? At a Glance The GENIUS Act in the U.S. gave private stablecoin issuers a legal framework while stalling a government issued CBDC. Tether, issuer of USDT, earned record profits and became one of the largest private holders of U.S. Treasuries. The company’s cooperation…

Bitwise’s Chief Investment Officer Matt Hougan says Solana’s staking ETFs yield generation is a significant drawcard for institutional investors.

Bitcoin Magazine Bitcoin Holds Its Breath as Fed Looks to Cut Rates Bitcoin price’s recent rally yesterday ran into resistance just above $116,000, settling under $113,000 at the time of writing, as traders weigh broader macroeconomic signals ahead of today’s Federal Reserve announcement.  The cryptocurrency market’s total capitalization has retreated 1.4% over the past 24 hours…

US chip giant’s stock propelled by strong sales of AI systems and prospect of access to China

Israel's PM Netanyahu orders military to immediately carry out attacks and Gaza. The price of oil is trading at $60.14 which is still down on the day but off the lows at $59.76 …

Bitcoin Magazine Bitcoin Miner TeraWulf (WULF) Stock Jumps 25% on Positive AI News  Shares of TeraWulf (NASDAQ: WULF) jumped more than 25% Tuesday morning after the company announced a pivot to AI.  TeraWulf, one of the largest publicly traded bitcoin miners, is accelerating its shift into artificial intelligence infrastructure through a new joint venture with AI…

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Cadence Design Systems shares fell despite upbeat Q3 results. Analysts have mixed views; Price targets ranging from $320 to $390. Latest Ratings for CDNS DateFirmActionFromTo Feb 2022JP MorganMaintainsNeutral Feb 2022BerenbergUpgradesHoldBuy Feb 2022RosenblattMaintainsBuy View More Analyst Ratings for CDNS View the Latest Analyst…

Ukraine President Zelenskyy says he met with staff and indicated that more strikes are coming against Russian refineries. We reviewed the effectiveness of our long-range strikes over a defined period and the results achieved. Russian oil refining is already paying a tangible price for the war—and will pay even more. We set tasks to expand…