AI Sector Faces Power Crunch as Bitcoin Miners Hold Rare Permitted Sites
Bitcoin miners hold scarce permitted power capacity as data center restrictions spread across 30 US states, creating a bottleneck for AI developers.
Crypto, forex and global macro markets β insight to help you spot the opportunity
Bitcoin miners hold scarce permitted power capacity as data center restrictions spread across 30 US states, creating a bottleneck for AI developers.
The Fed is set to hike by 25 bps, with traders watching the dot plot for clues on further tightening.
European stocks opened higher on Wednesday as oil prices eased and bond yields retreated, providing a respite ahead of the Fed's rate decision.
US spot bitcoin and ether ETFs lost $592 million after the CLARITY Act failed in the Senate.
UK headline CPI rose to 3.1% in August, while core inflation held steady at 2.6%, in line with forecasts.
Google's new Gemini 3.8 Live and Extended Thinking audio models launched September 15. Extended Thinking leads the Artificial Analysis index at 82.6.
Ten-year bond yields in the US, UK, Japan, Germany and France hit multi-decade highs as oil above $100 fuels inflation fears.
Tom Lee predicts a Fed rate hike but says it could spark a stock rally, not derail one.
Fed faces overwhelming market pressure to hike rates as inflation persists and yields surge, with a hold seen as riskier.
Standard Chartered initiated Arbitrum coverage with a $10 target for 2030, projecting ARB could rise 66-fold from current levels.