Genesis Digital Assets (GDA), one of the world’s largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA’s commitment to Texas as a mining hub, leveraging the state’s renewable energy and pro-innovation policies.

GDA’s Rowdy Data Center in Vernon is currently operational at 60 MW, supported by the Oklaunion Substation. The site benefits from substantial local wind power and is located near Vernon city in Wilbarger County.

The data centre utilizes grid power with renewable energy sources for its operations. “GDA’s business is a natural fit for the Oklaunion Power Station,” said…

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Nasdaq, one of the world’s leading stock exchanges, has taken a significant step towards bringing Bitcoin into the mainstream of traditional finance.

The company recently filed an application with the U.S. Securities and Exchange Commission (SEC) to launch its own Bitcoin Index Options, known as XBTX.

If approved, this new product could open the door to a broader adoption of Bitcoin, providing a regulated and familiar environment for trading bitcoin options.

Bitcoin index options are a type of financial product that allows investors to buy or sell the value of a bitcoin index at a predetermined price on a specific expiration date.

By offering bitcoin index options,…

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Crypto.com has launched its new global retail services, enhancing the crypto experience for millions worldwide. Through a partnership with Standard Chartered and under the regulation of Dubai’s Virtual Assets Regulatory Authority, the initiative offers seamless deposit and withdrawal capabilities in the Crypto.com App from over 90 countries. Starting next month in the UAE, users can access a broad range of crypto transactions, including trading over 250 cryptocurrencies.

President and COO of Crypto.com, Eric Anziani, highlighted the collaboration with Standard Chartered as a milestone in their global strategy, emphasizing the commitment to superior customer experience and robust security measures. This rollout marks a significant advancement in their mission to make crypto accessible globally, aiming to place ‘crypto in every wallet.’

Rola Abu Manneh, CEO at Standard Chartered UAE, noted the alignment of this venture with the UAE’s economic vision, enhancing digital asset accessibility and supporting the country’s role as a pivotal hub for digital innovation. This service expansion by Crypto.com aligns seamlessly with broader economic goals, promising a sophisticated platform for users worldwide.

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Inflation is often referred to as a silent killer because it gradually diminishes your purchasing power without you noticing. For example, in 1980, a cup of coffee cost just $0.45. By 1990, the price rose to $0.75, and by 2000, it had increased to $1.00. This trend continued, with the price hitting $1.25 in 2010, $4.43 in 2020, and reaching $4.98 by 2024.

This steady increase in prices reflects the declining value of the U.S. dollar over the years, illustrating how inflation impacts everyday expenses. As the cost of goods and services rises, the same amount of money buys less, eroding purchasing power.

Since 1913, the U.S. dollar has been losing its value, making it crucial for individuals to be aware of inflation’s effects. Understanding how inflation works and planning accordingly can help protect financial well-being, ensuring that the money you earn today maintains its value in the future.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Crypto.com, a leading figure in the crypto industry, proudly announces a new feature for U.S. customers, allowing them to use PayPal to fund cryptocurrency purchases. This integration facilitates seamless transfers between PayPal and Crypto.com accounts, enabling users to buy a variety of crypto tokens easily. The service is set to expand to other markets soon, signaling a significant advance in cryptocurrency accessibility.

Eric Anziani, President and COO of Crypto.com, emphasized the importance of blending traditional and digital payment methods to promote the widespread adoption of cryptocurrencies. He remarked, “We are tremendously proud to partner with PayPal, a titan in digital commerce, to enhance the safe and efficient use of digital currencies globally.”

This development is part of a broader collaboration between Crypto.com and PayPal, which includes previous initiatives such as enabling PayPal for topping up the Crypto.com Visa Card and integrating PayPal USD (PYUSD) on Crypto.com’s payment platform. Jose Fernandez da Ponte of PayPal highlighted the commitment to offering users more flexibility in funding their crypto transactions, enhancing the overall user experience.

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This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. It is also report #1 of the “FUD Fighters” series powered by HIVE Digital Technologies LTD.

F%$K Bad Research: I spent over a month analyzing a bitcoin mining study and all I got was this trauma response.

“We must confess that our adversaries have a marked advantage over us in the discussion. In very few words they can announce a half-truth; and in order to demonstrate that it is incomplete, we are obliged to have recourse to long and dry dissertations.” — Frédéric Bastiat, Economic Sophisms, First Series (1845)

“The amount of energy needed to refute bullshit is an order of…

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