Crypto Currency

Bitcoin whale moves $188M for first time in 7 years

A dormant whale transferred BTC worth $188 million after seven years of holding, adding to the growing ratio of whale transfers to cryptocurrency exchanges…

Published 39 minutes ago in
Bitcoin whale moves $188M for first time in 7 years

A dormant whale transferred BTC worth $188 million after seven years of holding, adding to the growing ratio of whale transfers to cryptocurrency exchanges…
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Crypto Currency

Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940…

Published 39 minutes ago in
Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August

Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated. Data from CryptoSlate shows the largest cryptocurrency traded near $62,940…
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Crypto Currency

ED sends letters rogatory abroad, seeks info on foreign operatives

The Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and shell entities for money laundering. Indian victims were defrauded through various online scams and investment schemes. Proceeds were laundered through overseas platforms and cryptocurrency transactions. The agency has sought information from foreign shores to identify culprits…

Published 39 minutes ago in
ED sends letters rogatory abroad, seeks info on foreign operatives

The Enforcement Directorate is investigating a sophisticated transnational cyber fraud network. This syndicate used mule bank accounts and shell entities for money laundering. Indian victims were defrauded through various online scams and investment schemes. Proceeds were laundered through overseas platforms and cryptocurrency transactions. The agency has sought information from foreign shores to identify culprits…
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Crypto Currency

Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration

Revolut X integrates AI assistants like Claude and Gemini for crypto trading via natural language commands, with mandatory user approval on all orders. The post Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration appeared first on Blockonomi…

Published 39 minutes ago in
Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration

Revolut X integrates AI assistants like Claude and Gemini for crypto trading via natural language commands, with mandatory user approval on all orders.
The post Revolut X Introduces AI-Powered Cryptocurrency Trading with Claude and Gemini Integration appeared first on Blockonomi…
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Crypto Currency

How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?

Back in 2017, we did the math to figure out how much oil it takes to mine a single Bitcoin. The answer then was about 20 barrels of oil equivalent per coin. Today it’s closer to 500. The Bitcoin network now draws somewhere between 138 and 175 terawatt-hours a year…

Published 2 hours ago in
How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?

Back in 2017, we did the math to figure out how much oil it takes to mine a single Bitcoin. The answer then was about 20 barrels of oil equivalent per coin. Today it’s closer to 500. The Bitcoin network now draws somewhere between 138 and 175 terawatt-hours a year…
Read More

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