And wait! There’s more! Enter the “Proto Fleet,” a big, open-source, whiz-bang platform for managing an army of mining monsters. Imagine a giant, digital puppet show where miners pull the strings, all neat and efficient, leaving behind less e-waste than a litter of discarded socks. Hurrah for saving the planet, one shiny chip at a time!
“Taker sell volume,” they call it, to make it sound scientific and not at all like a fire drill in a lemming parliament.
They promise 200 MW at Lake Mariner. Yes, MW, not milliwatts, lest your heart flutter. All for the holy grail of “liquid-cooled AI workloads”-the kind that leaves no carbon footprint, just a mountain of paperwork. Scale, density, dependability: the sacred trinity atop which the new prophets of silicon convene, swearing their allegiance to progress as the river outside grows ever quieter.
Bitcoin crashes faster than my grandma’s Wi-Fi – dropping below $118,000 after some hot US inflation tea ☕📉.
Meanwhile, Ethereum, that stubborn actor, woke up during the Asian matinée, hit a lofty $4,788, and then promptly decided to go all dramatic and plunge down to $4,500 after some sob story about U.S. PPI data. Now at $4,563, it’s basically the stock market’s equivalent of a mood swing-funds in a frenzy and charts screaming “make up your mind.”
Pudgy Penguins-yes, imagine them waddling into Wall Street-now beckon the gaze of the mighty and powerful thanks to a fresh ETF application. As the CBOE offers its blessing and the SEC prepares to squint at the paperwork, traders sharpen their pencils and pray for divine intervention or, failing that, some juicy volatility.
Singapore is taking tokenisation from pilots to real-world adoption, advancing regulated finance with greater access, efficiency, and market maturity:
Fiona Murray, VP & Managing Director, APAC at @Ripple, shares insights with @readtheedge_sg on how…
Inflation jitters returned to haunt Wall Street on Thursday morning, causing risky assets-including everyone’s favorite volatile coins-to take a nosedive. The July PPI, which tracks wholesale prices, surged 0.9%, far outpacing the expected 0.2%. Year-over-year, it climbed 3.3%, leaving forecasts of 2.5% in the dust. Core PPI (minus food and energy) also flexed its muscles, jumping 0.9% and growing 3.7% annually. Who needs chill vibes when you’ve got inflation spiking like this? 😅📈
Back then, analysts were practically salivating over the prospect of XRP flipping Ethereum. And then came the reversal. Enter “Charting Guy,” the once-optimistic prophet of the flippening, now practically eating his words. “Well, folks, guess what? That ship has sailed,” he said, waving his hands dramatically, possibly while sipping his favorite herbal tea.
Experts (or so we’re told) predict that by 2033, this whole digital asset circus might reach a mind-boggling $19 trillion. This includes bricks-and-mortar assets such as real estate, which hold steady at a modest $3.7 trillion, and equities-those paper dreams-worth about $2 trillion. If you’re wondering whether this is just paper talk, remember: paper can burn, but tokens? Well, they’re kind of immune-until they’re not. 😅
