Business – Page 409 – PK Press Club

Bitcoin miners continue AI demand as Nvidia says Rubin is already in production

Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” revealing new details at CES in Las Vegas about the hardware that he says can deliver five times the artificial intelligence of Nvidia’s previous systems. Rubin is expected to arrive later this year and is aimed squarely at the […]

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Ripple vs Bitcoin Chart Sets Rare Breakout

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XRP slipped to $2.27 after falling below support at $2.32, but high volume at $2.21 attracted bids and stabilized the move, leaving traders focused on whether the rebound can reclaim $2.31 to $2.32 or whether the market remains stuck in a descending channel. News context XRP traders are weighing a short-term breakout in the spot

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Arthur Hayes’ Maelstrom enters 2026 with ‘near maximum risk’ bet on altcoins

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Maelstrom, the investment fund founded by Arthur Hayes, begins 2026 with what Hayes calls “near maximum risk” exposure, extending an aggressive stance taken in the second half of last year and pointing toward minimal exposure to stablecoins. Hayes said Maelstrom remains deeply rooted in risk assets, but with a refined focus on privacy coins like

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Filecoin (FIL) Storage Token Surges With Large Volume

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Filecoin SON$1.5640 rose 6% in 24 hours, outpacing gains in the broader crypto market. The broader market gauge, the CoinDesk 20 Index (CD20), added 4.6%. The storage token carved out a range of $0.19, hitting a high of $1.68 before settling into a narrower band of $1.56 to $1.60, according to CoinDesk Research’s technical analysis

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BTC Could Have a Major Advantage According to One Metric

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Like Bitcoin BTC$93,235.03 fell to near $80,000 in late November, the ratio of holders’ short-term bid for profits to holders’ short-term bid for losses fell to levels that have historically coincided with major or local bear market bottoms. On November 24, the ratio fell to 0.013. Each previous instance where the ratio reached this level

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Bitcoin Holds Above $90,000 as Fresh Money Returns to Crypto

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Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. Crypto markets are starting the year in recalibration mode

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Staking Queues Drop to Almost Zero, Creating Bearish Outlook for ETH

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Ethereum’s staking queues have emptied and the network can now absorb new validators and output in near real-time. This means that the rush to block ETH has faded for the moment and staking is settling into a steady state instead of a scarcity exchange. Queues are simply the time spent to start or stop staking

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DeFi, Ethical Disputes Remain in Senate Crypto Bill Ahead of January 15 Vote

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The US Senate Banking Committee is moving closer to agreement on a bipartisan crypto market structure bill, with a vote next week, its chairman said, as industry insiders prepare for a blitz of Senate offices on Thursday. Republicans on the committee are showing great confidence that the finish line is near in the lengthy negotiations

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Liquidity is driving Bitcoin (BTC) higher, but fears of a ‘halving cycle’ could limit recovery in 2026, says Schwab

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Bitcoin BTC$93,543.09 the price continues to reflect a complex mix of macroeconomic trends and market-specific events heading into 2026. According to Jim Ferraioli, director of crypto research and strategy at the Schwab Center for Financial Research, BTC is shaped by three forces in the long term and seven in the short term. Long-term drivers are

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MSCI decision is ‘a welcome reprieve,’ but analysts warn fight is not over

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Strategy Stock (MSTR) rose nearly 6% in after-hours trading Tuesday after MSCI said it would not move forward — for now — with its plan to exclude digital asset treasury companies from its indexes. The move eases immediate pressure on companies like Strategy, which hold large amounts of Bitcoin. BTC$93,531.54 in their balance sheets but

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