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Search results for April 12

Crypto

Bitcoin halving countdown starts with fewer than 100,000 blocks remaining

The number of blocks remaining until Bitcoin\'s next halving has fallen below 100,000, according to OKLink data and a Binance post. The next halving is estimated for April 12, 2028. Circulating supply stands at 20.05 million BTC, or 95.47 percent of the 21 million cap, leaving 950,000 BTC to be issued over about 100 years. Bitcoin has fallen since the April 2024 halving and remains influenced by institutional flows and macro indicators.

AI & Enterprise

Wall Street takes a harder look at AI earnings as costs mount

Wall Street has begun re-examining the realities of the AI business as key assumptions behind the investment boom are being shaken, Axios reported on June 7. Investors faced four uncomfortable realities last week, including rising concern over high AI costs and returns that fall short of corporate expectations. Broadcom’s weak forecast erased $440 billion in market value in two days, and higher U.S. borrowing costs could lift infrastructure financing expenses.

Crypto

Bitcoin slides in downturn as retail investors opt for spot buying and long bets

Bitcoin slipped to around $72,000 and tested the lower end of its monthly trading range amid selling across spot, futures and spot bitcoin ETF markets, Cointelegraph reported. Some indicators, however, showed demand for dip-buying. Retail investors increased spot purchases and expanded long positions, with a retail futures metric topping 64 percent. The report cited ETF outflows, renewed U.S.-Iran military clashes, inflation worries and uncertainty over the Senate passage of the Clarity bill.