The post Amazon stock twists 8% lower following startling $200 billion capex guidance appeared on BitcoinEthereumNews.com. Amazon (AMZN) stock is holding onto an 8% loss late into Friday’s morning session, the first regular session since CEO Andy Jassy released the company’s fourth-quarter results. Despite a beat on the revenue side, the market was startled by […]

The post Bitcoin miners find hope in Big Tech’s $500B AI spending spree appeared on BitcoinEthereumNews.com. Big Tech companies’ planned $500 billion war chest to dominate artificial intelligence could offer a lifeline to a Bitcoin mining industry teetering on the edge of capitulation. The headline numbers are eye-watering. Alphabet, Google’s parent, alone plans to spend […]

The post Bithumb Mistakenly Sends Bitcoin To Users, Sparks Selloff appeared on BitcoinEthereumNews.com. South Korea-based cryptocurrency exchange Bithumb reportedly made an operational mistake that led to the accidental deposit of large amounts of Bitcoin to user accounts during a promotional event. The exchange had planned to distribute small cash rewards through a “Random Box” event […]

The post Polymarket pushes ahead with crypto token plans as legal troubles mount appeared on BitcoinEthereumNews.com. The company operating cryptocurrency prediction platform Polymarket has taken formal steps toward launching its own digital token by filing trademark applications for two related names with federal authorities. Blockratize Inc. submitted paperwork to the United States Patent and Trademark […]

The post Russia’s largest lender Sberbank to debut crypto-backed loans following pilot appeared on BitcoinEthereumNews.com. Sberbank, Russia’s largest lender, plans to roll out crypto-backed loans after testing a program in December using self-mined cryptocurrency as collateral, Reuters reported Friday, citing a spokesperson for the bank. The pilot, conducted in collaboration with mining firm AO Intelion […]