HIVE Digital is planning a massive 400% increase in hash rate by expanding into Paraguay, tapping into the country’s hydroelectric surplus.
AI leading to faster, cheaper oil production, executives say
Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in Houston. Oil producers are seeking ways to remain profitable in an environment of plummeting oil prices and worries that U.S. President Donald Trump's tariffs could slow global energy demand. UK oil major BP is using AI to steer drill bits and predict potential problems in wells before they happen, said Ann Davies, BP's senior vice president of wells.
Bitwise predicted Bitcoin will hit $200k in 2025 but BTC is trading at $80K so far
In December 2024, Bitwise had predicted that Bitcoin’s price would hit $200,000 in 2025. But the current drop in its value has us worried.
Amid Trump’s latest tariff threats, the S&P 500 tumbles into correction territory just three weeks after smashing record highs
The index dipped 1.4%, while the Nasdaq Composite and the Dow Jones Industrial Average fell 2% and 1.3%, respectively, on Thursday.
Cooler inflation isn't enough to save stocks from fresh tariff threats
Treasury Secretary Scott Bessent on Thursday also reiterated the administration's position that it's willing to tolerate market volatility.
He called Tesla's stock crash. Now he thinks it'll fall even more.
"As a traditional investor, it doesn't fit any valuation system that makes any sense compared to any other stock," Ross Gerber said of Tesla.
Can you buy crypto with a credit card? See the pros and cons.
See whether buying cryptocurrency with a credit card is possible and if it makes sense.
Stock Turmoil Spreads as Fear Hits the World of Corporate Bonds
(Bloomberg) -- As stocks stumbled in recent weeks, a cohort of Wall Street pros took solace as credit markets held firm and economic data proved benign.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureOn Thursday, neither offered
Crypto Experts: Here's What's Driving Bitcoin in 2025
Experts discuss how regulatory shifts and market uncertainty drive Bitcoin's price swings despite presidential support for crypto adoption.
Saylor, who predicted $13M Bitcoin, says it will be the largest asset in four years
MicroStrategy's executive chairman, Michael Saylor, said U.S. corporations could end up sitting on $20 trillion to $40 trillion in Bitcoin by the decade's end.