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Nano Labs, a China-based microchip manufacturer, has announced that it is now accepting Bitcoin as a form of payment for its products and services. This decision marks a significant step for the company, which is listed on the Nasdaq, as it embraces cryptocurrency for cross-border transactions.

The Republican Party has successfully secured a majority in the House, which complements their control of the Senate and Trump's return to the presidency. This consolidation of power marks a dramatic shift in Washington, ushering in what many are calling a new era of right-wing populist governance .

Market Reactions: Bitcoin's value has seen remarkable fluctuations, recently hitting an all-time high of approximately $76,000. This surge is partly fueled by investor optimism surrounding Trump's pro-crypto stance, contrasting sharply with the previous administration's regulatory approach

ASIC Purchase: The new ASIC miners are expected to be delivered between December 2024 and March 2025. Each miner offers a performance of 185 TH/s with an efficiency of 16.5 J/TH, which is a substantial upgrade from their older models that operated at 30 J/TH .

Construction of New Facility: Alongside the ASIC purchase, Hive Digital has commenced construction on a 100 MW green energy facility in Paraguay.

Among the 11 spot Bitcoin ETFs available in the United States, BlackRock’s iShares Bitcoin Trust has emerged as the frontrunner, bringing in over $2 billion during this investment period . This indicates a strong preference for established financial institutions in the cryptocurrency space.Market Enthusiasm: The influx of funds into Bitcoin ETFs underscores a significant shift in investor sentiment, as more individuals and institutions seek exposure to Bitcoin without directly purchasing the cr

El Salvador's Holdings: El Salvador currently holds approximately 5,900 Bitcoin, with the total value of these holdings reaching around $523 million. This increase is attributed to the recent rise in Bitcoin prices, which have approached $90,000 per coin .Bhutan's Holdings: Bhutan has seen its Bitcoin assets soar to over $1 billion

Free Computing Credits: AWS is providing credits valued at $110 million to researchers, allowing them to access its cloud data centers for AI model development without incurring costs.Competitive Strategy: This move is part of Amazon's strategy to challenge Nvidia's dominance in the AI research space, where many researchers currently rely on Nvidia's hardware for their projects

Generative AI Integration: Adobe's tools utilize generative AI technology, which can transform textual descriptions into images, enhancing the creative process for users .

Compensation for Creators: The new system is designed to maintain the rights of original image creators, ensuring they receive payment for the use of their work in AI-generated content.

the European Commission issued a directive to Apple to cease its geo-blocking practices across its media services, including the App Store and iTunes Store. This action is part of the EU's broader initiative to combat discriminatory practices that restrict consumer access based on geographic location.

top Republican lawmaker, Michael McCaul, has publicly criticized the Biden administration for allegedly failing to take adequate measures to prevent China's Semiconductor Manufacturing International Corp (SMIC) from bolstering its chipmaking capabilities and military-industrial complex. McCaul, who chairs the House Foreign Affairs Committee, expressed concerns that the administration is not enforcing necessary export controls against SMIC, particularly in light of illegal chip production for Hua

Since endorsing Trump earlier in the year, Musk has emerged as one of his most vocal advocates, actively participating in the political landscape surrounding the election. His involvement is seen as a strategic alignment with Trump's campaign, particularly as both figures navigate the complexities of the current political climate.

The new wearable technology is designed to harvest energy from body heat and movement. For instance, one device can generate approximately one volt of energy for every square centimeter of skin, which, while less than traditional batteries, is sufficient to power various wearable applications. This energy is captured through thermoelectric materials that convert temperature differences into electrical energy, effectively turning the body into a self-sustaining power source

U.S. District Judge Beth Labson Freeman ruled that Google did not have a legal obligation to refund the victims of these fraudulent activities. The judge's decision highlights the complexities surrounding liability in cases of online fraud, particularly regarding the responsibilities of platforms like Google in preventing and addressing such scams.

Perplexity has launched an Election Information Hub designed to keep voters informed during the 2024 U.S. elections. This hub utilizes Perplexity's AI tools to provide real-time information, helping users understand key issues, find polling locations, and track election results effectively

As the results unfolded, Trump was reported to have secured a substantial lead in both the popular and electoral votes, positioning him to become the 47th president of the United States . His campaign's success in swing states has been pivotal, allowing him to reclaim the presidency after losing to Joe Biden in 2020.

The outflow occurred despite a backdrop of significant market activity, as Bitcoin itself was poised to hit a new all-time high shortly after the election. This suggests that while the broader market may have been reacting to the election's volatility, some investors were choosing to withdraw from the ETF rather than capitalize on potential gains.

In light of Donald Trump's projected victory in the recent presidential election, Bitcoin whales have significantly increased their accumulation of Bitcoin, totaling around $132 million. This surge in investment reflects a growing appetite for risk-on assets among investors, who are betting on favorable policies that could emerge from a Trump presidency

Donald J. Trump's projected victory over Kamala Harris in the 2024 presidential election is being described as a historic and improbable comeback. After leaving office in 2021, Trump's political future seemed uncertain, especially following the events of January 6, 2021, when a mob of his supporters stormed the U.S. Capitol in an attempt to overturn the 2020 election results

The recent price drop led to a decrease in Bitcoin's open interest, shrinking from $35 billion to approximately $31.8 billion. This reduction is seen as a move towards a more stabilized market environment .Analysts suggest that this dip may create opportunities for buyers to accumulate Bitcoin at lower prices, potentially setting the stage for a recovery as market conditions improve