The post Fed blames AI boom for rising inflation appeared on BitcoinEthereumNews.com.
As crypto traders brace for zero Federal funds rate cuts in 2026, the FOMC (Federal Open Market Committee) Meeting Minutes for June, released on July 8, show the Fed is wary of the AI (Artificial Intelligence) boom regarding rising inflation. According to the latest Fed’s FOMC report, the first under Chair Kevin Warsh, the ongoing AI stocks boom has contributed to rising inflation. The Fed’s FOMC, analyzed by Finbold on July 9, shows the Fed under Chair Warsh is concerned about the AI buildout. Furthermore, the Fed noted that the notable investments in AI stocks, amid the conflict in the Middle East, has impacted asset prices. As such, the Fed is titled hawkish in the near term, with some members signaling a potential Federal rate hike in 2026. However, the Fed commended the memorandum between the United States and Iran, noting that it has lowered inflation amid rising risks of an AI stock market cras
The post Fed: Hawkish minutes keep upside rate risks – ING appeared on BitcoinEthereumNews.com.
ING strategists Michiel Tukker and Benjamin Schroeder note that the Federal Reserve’s June minutes confirmed a more hawkish stance despite an unchanged policy rate. They highlight that nine officials pencilled in higher rates by year-end and that most see further policy firming as likely if inflation stays elevated due to AI-driven demand, high energy prices and tariffs, though ING’s base case expects moderation. June minutes reinforce hawkish Fed stance “This more upbeat take on the economy and the labour market was also reflected in the more hawkish stance of the Fed, which was just confirmed by the minutes of the June meeting.” “While voting unanimously to keep rates on hold, that meeting saw nine Fed officials pencilling in higher rates by the end of this year.” “Most officials agreed that “some policy firming would likely be warranted” in a scenario in which inflation remained elevated
Marathon's strategic pivot to AI and HPC could stabilize revenue streams, reducing reliance on Bitcoin's volatility and enhancing growth potential.
The post Marathon Digital Holdings gains 14% after announcing $600M Texas AI and Bitcoin mining campus plan appeared first on Crypto Briefing.
The post MARA Expands AI Infrastructure With Texas Site Acquisition, Stock Price Surge appeared on BitcoinEthereumNews.com.
Bitcoin miner MARA has expanded its digital infrastructure by acquiring a large-scale powered land site in Texas. The miner’s stock has surged on the back of this development, even as the firm deepens its push into the AI industry. MARA Acquires Texas Land Site, Stock Price Surges In a press release, the Bitcoin miner announced that it has entered into a definitive agreement under which it will acquire from HIF a large-scale powered land site in Texas. “The site encompasses more than 1,200 acres and is expected to provide access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028,” the release read. This comes as MARA continues to expand its AI infrastructure, pivoting from just Bitcoin mining. Notably, this latest purchase comes just months after the miner acquired Long Ridge Energy & Power in a $1.5 billion deal. Meanwhile, the
Computacenter's FTSE 100 inclusion and AI-driven growth highlight the rising importance of AI infrastructure in global tech markets.
The post Computacenter shares rise as FTSE 100 newcomer capitalizes on AI boom appeared first on Crypto Briefing.
SK Hynix's oversubscribed share sale highlights robust investor confidence in AI-driven growth, underscoring potential market volatility tied to Nvidia.
The post SK Hynix’s $28B US share sale sees demand exceed seven times available shares appeared first on Crypto Briefing.
The post MoonPay’s Latest Tech Leap Brings AI to Telegram Users appeared on BitcoinEthereumNews.com.
MoonPay has ventured into new territory by enabling integration between its AI-driven crypto assistant, MoonAgents, and Telegram. This innovative enhancement, revealed on Thursday, allows users to seamlessly issue natural language instructions through Telegram for market analysis, dashboard creation, and transaction preparation, all while on the move. Continue Reading:MoonPay’s Latest Tech Leap Brings AI to Telegram Users Source: https://en.bitcoinhaber.net/moonpays-latest-tech-leap-brings-ai-to-telegram-users
Claude’s new Reflect dashboard doesn’t just visualize how you use AI. It also subtly reinforces how much of your daily work now depends on Anthropic’s chatbot.
The post Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners appeared on BitcoinEthereumNews.com.
The post Eric Trump’s Bitcoin Mining Firm Loses $600M as AI Boom Hits Crypto Miners appeared first on Coinpedia Fintech News President Donald Trump’s son Eric’s Bitcoin mining venture has reportedly erased nearly $600 million in market value after its stock crashed more than 95% from its peak. While the company continues adding Bitcoin to its treasury, investors are moving away from crypto mining stocks and putting more money into AI companies. American Bitcoin Stock Crashes … Source: https://coinpedia.org/news/eric-trumps-bitcoin-mining-firm-loses-600m-as-ai-boom-hits-crypto-miners/
