TSMC, the world's largest chipmaker, has delayed the start of high-volume production at its second Arizona fabrication plant to the second half of 2027 due to longer-than-expected inspections and calibrations. This delay is significant because TSMC produces advanced chips used by Bitcoin mining companies like Bitmain and MicroBT, meaning the supply of next-generation mining hardware will remain constrained. The delay also impacts other tech sectors reliant on TSMC's chips, including AI, smartphones, and automotive industries. Bitcoin miners face a tough period with limited access to efficiency-improving chips, especially as the next Bitcoin halving approaches in 2028.
Bitcoin has risen 7.25% in the past month as investors anticipate the August 3 vote on the CLARITY Act, which could reduce regulatory risks and boost adoption by banks, corporations, and ETFs. Experts like Lyndon Wood predict a short-term price range...
Bitcoin rose about 1.6% to trade near $64,400 after dipping below $63,000 the previous day, as traders positioned themselves ahead of the Federal Reserve's rate decision. Markets are pricing in a 30-35% chance of a rate hike amid sticky inflation and...
Tether AI has unveiled a new vision model for edge devices as part of its QVAC platform, enhancing on-device AI capabilities without relying on cloud computing. The platform supports local AI inference and training, with recent updates adding image c...
Bitcoin price recovered 2.8% from a low of $62,850 to around $64,650 as traders prepared for the Federal Reserve's interest rate decision. The rebound was supported by buyers defending the 200-day moving average, with immediate resistance at $65,000–...
US-listed spot Bitcoin ETFs experienced $49.7 million in outflows, extending a four-day streak totaling about $526 million withdrawn. Despite this, the ETFs still hold a net inflow of $51.3 billion overall. Bitcoin's price showed volatility, dipping ...
