Indeed, Amazon is plunging headlong into the AI arms race with their latest hardware constellation-each cluster of “UltraServers” houses up to 144 Trainium 3 chips. Fancy! A mighty move to outshine Google and Nvidia while reducing dependence on those pesky external suppliers. What a cunning plan-think of it as the tech version of “my, what a big server you have”!
The latest Bitcoin Treasuries data shows that the top 100 public Bitcoin treasury companies hold a staggering 1,058,929 BTC. All public companies combined are sitting pretty with 1,061,697 BTC. The biggest fish in the pond? Strategy, with 650,000 BTC – practically swimming in it! Michael Saylor’s company made a recent purchase of 130 BTC for the not-so-small sum of $11.7 million. Who said Bitcoin wasn’t a rich man’s playground? 💸
At press time, BTC was trading at $86,564-a modest 0.7% rise on daily charts, yet a 1.06% descent on weekly ones. A tale of two timelines, much like a Chekhovian character torn between duty and desire. 🕒
Our tale begins with a hero fallen on hard times-Bitcoin, once the belle of the ball at $126,000, now sulking in the corner at a mere 30% discount. Yet lo! Analysts, those modern-day fortune tellers, spy signs of hope: network activity rising like a determined debutante, and ETF flows timidly knocking at the door. 🚪
Behold, the rate of SHIB hath soared by nigh 6% in yonder 24 hours! A veritable phoenix reborn from the ashes of apathy. Or perhaps it is but a drunken bear stumbling upon a treasure map? 🐻
Apparently, the mighty treasury entities-Forward Technologies Inc., Sol Strategies Inc., Sharp Technology Inc., and DeFI Development Corp.-are nosediving faster than your favorite celebrity’s career. According to analyst Ted Pillows (yes, that’s his real name), this isn’t exactly what you’d call a confidence booster. It’s like watching your crush slowly drown in their own drama, but hey, maybe the chain is still okay?
In a report that dropped on Dec. 1 (yeah, I know, who reads reports?), Grayscale basically said Bitcoin’s four-year cycle is deader than my social life. 🪦 The cycle, which supposedly predicts BTC peaking every four years, is now “invalid.” Grayscale analysts dropped this gem:
At the center of Fusaka lies EIP-7594, Peer Data Availability Sampling (PeerDAS), the technical headline that changes how Ethereum handles data from rollups without forcing node operators to buy data-center hardware or compromise on decentralization. A noble goal, yet one that feels as futile as trying to drink from a firehose. 🚰
Corporate crypto strategies are now the financial equivalent of a toddler’s temper tantrum. 🤯💸
Zcash (ZEC) took a nosedive of 24% in one day, leading the charge of crypto’s winter blues as markets chilled to the bone. According to data, this privacy-obsessed coin hit one-month lows after a late Sunday slump, leaving support levels in tatters. Back in November, it soared to all-time highs after a three-month rally that made Wall Street blush. 📈➡️📉
