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More →Arthur Hayes predicts Bitcoin will reach $800,000 in early 2028.
According to CoinWorld news, Arthur Hayes predicts that Bitcoin's price will reach $800,000 by early 2028, and believes that the bursting of the AI bubble will trigger excessive money issuance, and that the companies involved will be unable to pay their computing commitment fees.
The U.S. Senate is investigating Tether's dealings with a White House adviser.
Coin World news, according to Coindesk, Richard Blumenthal, the lead Democratic senator on the U.S. Senate Permanent Subcommittee on Investigations, is investigating millions of dollars in payments that Tether made to Nxum Group, a consulting firm founded by former White House crypto adviser Bo Hines, and has sent letters to Tether and Nxum demanding disclosure of the relevant business arrangements. Previously, The Wall Street Journal reported that Nxum received large consulting fees from Tether while Hines was still serving as a White House crypto policy adviser. Blumenthal believes that Hines was directly involved at the time in shaping stablecoin policies affecting Tether's business, and that the payments may involve legal and ethical issues. Hines currently serves as head of Tether's U.S. operations, and Tether has not yet responded to the investigation.
US Senator Blumenthal investigates Tether's payments to Bo Hines' company.
CoinWorld news: U.S. Senator Blumenthal, as the Democratic leader of the investigative subcommittee, has added the investigation into the former White House cryptocurrency advisor to his list of cryptocurrency-related concerns.
Intel CTO: Leading-edge wafer output can at most double, and AI compute expansion hits a supply chain ceiling.
According to a CoinWorld report, Intel CTO Pushkar Ranade said in a podcast interview that even with sufficient funding, global leading-edge wafer output would be difficult to expand tenfold, with a realistic growth ceiling of about twofold. He noted that AI computing power has grown threefold annually over the past decade, but the key equipment and fab scale required to manufacture advanced chips are becoming a new capacity ceiling. Ranade mentioned that ASML produces fewer than 100 EUV lithography machines each year and will struggle to significantly expand production by the end of this decade, and that equipment supply failing to keep up will affect overall output growth.
The total market capitalization of the crypto market stands at $2.74 trillion.
According to Bijie.com data, the total market capitalization of the crypto market is $2.74 trillion, with a trading volume of $81.104 billion over the past 24 hours.
Escalating tensions in the Middle East push Brent crude above $113 per barrel.
According to CoinWorld news, escalating tensions in the Middle East have recently driven Brent crude oil prices up by more than 4%, breaking through $113 per barrel. This development has reinforced expectations that inflation will remain persistently high, prompting central banks around the world to tighten monetary policy. Rising interest rates have directly reduced the relative appeal of gold. Spot gold plunged 2.8% on Thursday, falling below $4,050 per ounce to its lowest level since early August. Analysts noted that precious metals are experiencing capitulation selling, and volatility may persist until after the Federal Reserve meeting.
European validators account for 72.8% of Solana staking.
CoinWorld data: According to Cointelegraph, Europe-based validators currently account for 72.8% of the total Solana ($SOL) staking volume. The data comes from Bitwise.
Bezos: AI will lead to labor shortages
According to a report by Benzinga, nearly half of Americans believe that artificial intelligence will cause someone in their household to lose their job. Amazon founder Jeff Bezos said that artificial intelligence will lead to a labor shortage.
The IMF predicts that Middle East economies will contract by 1.3% in 2026.
According to a report by Bihaiwang, the International Monetary Fund (IMF) released its Regional Economic Outlook in Dubai, United Arab Emirates. The report states that, affected by the conflict between the United States, Israel, and Iran, the economies of the Middle East, North Africa, Afghanistan, and Pakistan are expected to contract by 1.3% in 2026. Jihad Azour, Director of the IMF's Middle East and Central Asia Department, predicts that among the member countries of the Gulf Cooperation Council, all members except Oman will see their economies contract this year. By contrast, oil-importing economies have shown some resilience, with the IMF believing that domestic demand, overseas remittances, and tourism revenue have provided support to these economies. The IMF expects that if regional conflicts ease in early 2027, economic growth levels are expected to rebound in 2027, though growth in some economies may still fall short of pre-conflict expectations. The IMF urges countries in the region to prioritize maintaining price stability and fiscal sustainability, strengthen their ability to withstand external shocks, and emphasizes combining the response to the current crisis with the advancement of long-term reforms.
Dune launches a real-time market data feed covering more than 200 on-chain venues.
Dune has launched a real-time market data feed covering more than 200 on-chain venues and 12 blockchains, including tokenized stock venues from OKX and NYSE parent company Intercontinental Exchange.