Crypto and Web3 projects market themselves as decentralized but still rely on centralized cloud infrastructure to power applications. The rise of AI-powered no-code tools that allow users to create applications through linguistic prompts rather than computer code, decentralized through blockchain technology, will challenge Amazon Web Services’ (AWS) dominance of the cloud computing market. No-code tools will democratize access to app creation and custom-tailored user experiences that will require constant updates and maintenance from AI, Lomesh Dutta, vice president of growth at the Dfinity Foundation, a non-profit organization that guides development of the Internet Computer Protocol (ICP) ecosystem, told Cointelegraph. This rise of user-created applications eliminates the need for centrally managed software solutions stored on centralized servers. Read more
Crypto and Web3 projects market themselves as decentralized but still rely on centralized cloud infrastructure to power applications. The rise of AI-powered no-code tools that allow users to create applications through linguistic prompts rather than computer code, decentralized through blockchain technology, will challenge Amazon Web Services’ (AWS) dominance of the cloud computing market. No-code tools will democratize access to app creation and custom-tailored user experiences that will require constant updates and maintenance from AI, Lomesh Dutta, vice president of growth at the Dfinity Foundation, a non-profit organization that guides development of the Internet Computer Protocol (ICP) ecosystem, told Cointelegraph. This rise of user-created applications eliminates the need for centrally managed software solutions stored on centralized servers. Read more
Bitcoin reached significant multiyear support versus gold as commentary diverged over a breakdown and the start of a new bear market. Bitcoin (BTC) versus gold has entered classic bottom territory as a key support retest begins. Key points: Bitcoin drops to 20 ounces of gold for the first time since early 2024. Read more
Bitcoin reached significant multiyear support versus gold as commentary diverged over a breakdown and the start of a new bear market. Bitcoin (BTC) versus gold has entered classic bottom territory as a key support retest begins. Key points: Bitcoin drops to 20 ounces of gold for the first time since early 2024. Read more
BitMine’s growing Ether holdings are reshaping how investors assess the company’s balance sheet, risk exposure and equity valuation. Large market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP. Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite. Buyer demand is weakening, with slower treasury accumulation and fewer aggressive dip buyers than in past cycles. Read more
BitMine’s growing Ether holdings are reshaping how investors assess the company’s balance sheet, risk exposure and equity valuation. Large market participants are steadily reducing exposure, creating sustained selling pressure across Bitcoin, Ether and XRP. Global macro tightening, including Bank of Japan rate-hike expectations and muted reactions to Fed cuts, is weighing on risk appetite. Buyer demand is weakening, with slower treasury accumulation and fewer aggressive dip buyers than in past cycles. Read more