The report, published by Rest of the World and penned by the estimable Hazel Gandhi and Rina Chandran, maps nearly 9,000 operational data centers across 21 countries, comparing their locations with average annual temperatures as if arranging a marriage between logic and folly.
In Brazil, it’s not the big-time traders betting wildly on volatile tokens; no, it’s the prudent younger crowd, often resorting to stablecoins and tokenized bonds as their trusty shields against the financial dragons of volatility.
Bitcoin’s up 0.25% in the last 24 hours. Wow. My retirement plan just got a whole lot more secure. 🤑
The noble sage of the Maelstrom Fund, carrying the title CIO, has divine visions where Bitcoin basks in glory between $80,000 and $100,000-before perhaps competing with a pellet gun to reach $124,000 and possibly strutting towards a magnificent $200,000.
The U.S. spot XRP ETFs, hailed as a savior, proved more illusion than salvation. Like a magician’s trick, they conjured no relief, only a deeper enigma. The market, a fickle lover, remains unimpressed by the ETF’s grand entrance. 🎩🐇
Key takeaways (or as I like to call them, the punchlines)
With volatility as placid as a placemat, traders’ antics and dearly held convictions gain traction, shaping the flight or fall of this digital gold once the shackles break. Long positions rise like the anticipation in a crowded barn, suggesting maybe, just maybe, the sodbusters of crypto’s frontier have foreseen a hopeful sunrise.
Heck, mark my words! Authorities have caught wind of a grand crypto caper where $16 million vanished like a ghost through a digital veil. Seems some bold trickster played dress-up as Coinbase, hoodwinking folks into handing over their shiny coins-pure sorcery of the modern age.
Ah, behold the curious spectacle unfolding at the gilded gates of New York’s Museum of “Modern” Art-eight arboreal avatars from the CryptoPunks ensemble now rest in its hallowed halls, a pilgrimage of indices and pixels. These spectral pawns, once spliced from silicon, are now framed as paragons of pedagogy, their chromatic wads of randomness hailed as “artistic pioneers.” Art on Blockchain, a society of crypto’s oddest bedfellows, orchestrated this ballet of blockchain and beribboning, while Larva Labs, those ancient sorcerers of the art world’s new dark ages, donated their own digital mementos. One might imagine the ghost of Marcel Duchamp sneering at such kinetics, but, oh well-he’s busy haunting NFT platforms. The MoMA curators, no doubt, are now debating whether to charge entry fees in satoshis or taxi schedule a Mothra-sized exhibition titled “From Cave Paintings to Crypto Gangstas.” 😏
Prediction markets are increasingly shaping debates over financial innovation, market structure, and the boundaries between state and federal oversight. Coinbase Financial Markets Inc., a federally regulated derivatives intermediary affiliated with crypto exchange Coinbase (Nasdaq: COIN), filed a lawsuit on Dec. 18 seeking declaratory and injunctive relief to prevent officials from applying state gambling laws to federally regulated prediction markets and event contracts, asserting exclusive federal oversight.