Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
10:42
Vitalik responds to controversy over the suspension of AI center construction, emphasizing the need to focus on the "pause button" and decentralization of computing power
ChainCatcher reported that Ethereum co-founder Vitalik Buterin responded on X to U.S. Senator Bernie Sanders' proposal to halt the construction of large AI data centers. Vitalik believes that the truly effective approach should be to prepare for the ability to "cut 90-99% of computing power" at critical moments in the future, rather than just slowing down immediately; he also supports distinguishing between "super-large clusters" and consumer-grade AI hardware, and advocates for decentralized development.
10:41
Tokenized Gold Market Cap Surpasses $4.2 Billion, with XAUT and PAXG Holding Approximately 89% Market Share
BlockBeats News, December 17th, according to Coingecko data, the total market capitalization of tokenized gold assets has exceeded 4.2 billion US dollars, with a growth of approximately 147% in the past six months. Tether's XAUT has a total market value of approximately 2.24 billion US dollars, while Paxos's PAXG has a total market value of approximately 1.5 billion US dollars, with the two accounting for approximately 89% of the market share. Each XAUT and PAXG token is backed by a 1:1 physical reserve of gold. According to market data, the intraday increase in spot gold is approximately 1.1%, currently at 4326.5 US dollars per ounce. At the beginning of 2025, spot gold was at 2624 US dollars per ounce, marking an increase of nearly 65% during the year. A recent analysis by Morgan Stanley stated that with continued rate cut expectations and a resurgence in the weakening of the US dollar index, the price of gold is predicted to rise to $4800 per ounce by the fourth quarter of 2026.
10:40
Early Bitcoin Investor Nick Rose: Will Increase Investment in Bitcoin Mining and AI Data Center Deployment
According to TechFlow, on December 17, as reported by Chainwire, early crypto investor Nick Rose stated that he will further increase his investment in large-scale Bitcoin mining and AI data center deployment. He believes that with the surge in demand for AI computing, traditional Bitcoin mining infrastructure has the potential to transform into AI data centers in terms of power, cooling, and site resources. He plans to promote related projects in developing countries and other regions to accelerate the integration of Bitcoin mining and AI computing capabilities. This direction reflects the optimism of some veteran crypto investors regarding the long-term opportunities in mining and AI infrastructure.
News
© 2025 Bitget