Global

Crypto miners are being forced to restructure their data centers in order to fulfill the demands of the artificial intelligence (AI) industry due to the spike in GPU demand.

VanEck, an investment firm, has projected a significant surge in the price of Ether (ETH) to $22,000 per token by 2030, citing Ethereum's transformative impact and its potential to generate revenue for token holders.

Data recorded on the blockchain indicates that large holders of Bitcoin, known as whales, currently possess more than 40% of the total Bitcoin supply, showcasing their ongoing trend of accumulating more coins.

In a significant update, Turkey's Treasury and Finance Minister Mehmet Simsek has stated that the government has no intentions to levy taxes on gains made from "stocks and cryptocurrencies."

Paxos, a notable figure in the stablecoin sector, has introduced a fresh stablecoin called Lift Dollar (USDL) via its subsidiary Paxos International, based in the UAE.

Amid the ongoing craze surrounding meme-inspired cryptocurrencies, a significant investor has recently been accumulating Shiba Inu ($SHIB) tokens in large quantities.