Cryptocurrencies

The Chief Investment Officer (CIO) of Bitwise, Matt Hougan, believes the next growth cycle of the cryptocurrency market will differ from previous ones. In his view, the recovery will be slower and less volatile due to a shift in investor priorities. He said this in a comment to CoinDesk. According to Hougan, institutional market participants and…

HIVE Digital Technologies has signed a three-year, $220 million contract to deploy GPU infrastructure for sovereign AI in Canada. The company's BUZZ High Performance Computing division will install 2,304 Nvidia Grace Blackwell accelerators at a site in Merritt, British Columbia. The capacity will be used for Cohere's enterprise AI models…

A trader under the handle endlessFate locked in around $2.71 million in profit on the Polymarket platform. The investor placed a large bet on Colombia's national team beating Uzbekistan at the football World Cup. The trade caught the attention of Lookonchain analysts. Here is how it happened. A $7.46 million bet The whale bought a Yes position on the market "Will Colombia win…

The Mexican billionaire Ricardo Salinas Pliego, founder and chairman of Grupo Salinas, is a bitcoin maximalist; the asset's share in his portfolio is about 80%. He stated this in an interview with CoinDesk. As the outlet noted, Pliego's fortune is estimated at $5 billion. He is among the ten richest people in Mexico. Besides liquid assets, the businessman…

The Malta Financial Services Authority (MFSA) has launched a consultation on the regulation of DeFi projects. The regulator proposed assessing decentralization not as a binary feature but as a spectrum: protocols with centralized elements such as administrative keys, concentration of governance, upgrade rights, and control over…