According to PANews, Google CEO Sundar Pichai announced that the company plans to invest approximately $75 billion in capital expenditures by 2025 to advance artificial intelligence (AI) products. This statement was made during the fourth-quarter earnings report of Google's parent company, Alphabet, for 2024. Pichai highlighted that the projected investment represents a 43% increase from the company's $32.3 billion capital expenditure in 2023. He emphasized that this investment aims to accelerate AI innovation and strengthen Google's core business. While the exact portion of the investment dedicated specifically to AI remains unclear, it is anticipated that a significant amount will be allocated to expanding Google's AI infrastructure. Other major tech companies are also increasing their spending on AI-related projects. For instance, Meta has announced plans to invest $65 billion to enhance its AI infrastructure.

Odaily Planet Daily News Bitget is about to launch the Launchpool project Analog (ANLOG), with a total prize pool of 23,333,431 ANLOGs. The lock-up period is from 19:00 on February 6 to 19:00 on February 11 (UTC+8). Two lock-up pools are open in this round of Launchpool, details are as follows: BTC lock-up pool Ordinary user pledge limit: 0.3 BTC VIP user pledge limit: 1 BTC Total prize pool: 11,666,715 ANLOGs ETH lock-up pool Ordinary user pledge limit: 10 ETH VIP user pledge limit: 15 ETH Total prize pool: 11,666,716 ANLOGs

Odaily Planet Daily News WazirX creditors will decide in the coming weeks whether to start receiving compensation in cryptocurrency as early as April 2025, or face a long recovery process that could extend to 2030. The vote follows a ruling by the Singapore High Court that allows the troubled Indian exchange to seek a restructuring plan rather than face liquidation, depending on whether three-quarters of creditors approve the recovery plan. If the threshold is met, WazirX will launch a phased compensation plan, including launching a DEX, issuing recovery tokens, and implementing regular buybacks to compensate affected users. If the vote fails, the platform will be forced to liquidate, a process that the company noted could take years and reduce creditors' returns. Although WazirX claims that creditors can recover up to 80% of their balances through its new DEX and recovery token model, its proposed recovery plan has sparked controversy. Many users remain skeptical, and some critics believe that the five-year delay is a strategic means to force creditors to accept a new platform rather than a real recovery move.

Odaily Planet Daily News According to Onchain Lens monitoring, a trader purchased 108,614,413 SSE tokens on the pump.fun platform at 9.35 SOL (about $1,854). The trader has not sold any tokens yet, and the floating profit has reached $2.28 million.

OpenAI partnered with South Korea’s Kakao to integrate its AI into KakaoTalk and develop a Korean-language assistant. CEO Sam Altman also met with SoftBank, Samsung, and SK Hynix to discuss AI collaborations, including the Stargate data centre project.

Odaily Planet Daily News Polymarket data shows that the market called "Which of Trump's nominations will be confirmed?" has a trading volume of 16.7 million US dollars. So far, the Senate's nomination of Scott Bessent, a hedge fund manager who supports cryptocurrencies, as Treasury Secretary has been confirmed. Polymarket users also bet on several other confirmations. However, no nominees in the cryptocurrency field, such as Paul Atkins, chairman of the US SEC, appeared on the list.

The post XRP Lawsuit News: Ripple CLO Discusses What’s Next, Remains Hopeful About Atkins appeared first on Coinpedia Fintech News Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has drawn attention within the crypto industry. The case, which began in 2020, centers around allegations that Ripple Labs failed to register its XRP token as a security with the... source: https://coinpedia.org/news/xrp-lawsuit-news-ripple-clo-discusses-whats-next-remains-hopeful-about-atkins/

Google CEO Sundar Pichai plans to invest $75 billion in capital expenditures for 2025, with AI as the primary focus—a 43% jump from 2023. Strategic vision or overreach?

Odaily Planet Daily News According to a report released by Mempool Research on February 4, the widespread adoption of inscriptions could push the average block size of the Bitcoin network up to 4 MB per block, far higher than the current average. The report said that Bitcoin's average block size (the amount of data contained in each block published to the network's public ledger) is currently slightly over 1.5 MB. If inscriptions are more widely adopted, Bitcoin's block size could increase significantly. Block size is one of the biggest constraints on the scalability of the Bitcoin network. In contrast, according to the Solana Foundation, Solana can theoretically store up to 128 MB per block. The report said that after the network's 2021 Taproot upgrade, some Bitcoin blocks stored up to 2.4 MB of data, adding: "We predict a range of potential growth scenarios for the Bitcoin blockchain, from a return to pre-inscription dynamics (leading to slower growth) to widespread adoption of inscriptions (which could drive growth of up to 4MB per block)."

Odaily Planet Daily News H.C. Wainwright analysts said that as Bitcoin breaks through $100,000 for the first time in the fourth quarter of 2024, the profits earned by miners will increase significantly. Spot Bitcoin ETFs attracted $16.7 billion in inflows during the quarter, almost four times the $4.3 billion in the third quarter, pushing the average BTC price to $83,432 during the quarter, up 36.7% from the previous quarter. Analysts expect these trends to drive strong revenue growth and improved profit margins in mining companies' upcoming earnings reports. The mining industry expanded significantly, with listed miners increasing their operations by 46 EH/s, bringing total deployed capacity to 235.8 EH/s. The global network hash rate averaged 738 EH/s in the fourth quarter, up 17.3% from the third quarter. As of the beginning of the first quarter of 2025, the hash rate continues to climb, reaching 833 EH/s on February 2. Rising BTC prices and increased mining activity pushed total BTC production up 16.4% month-on-month to 11,366 BTC, while transaction fees surged 59.4% to 1,553 BTC. This pushed total miner revenue up 41% to $3.7 billion. The total market capitalization of listed mining companies increased by 21% to US$28 billion, with AI-related mining companies outperforming their peers. Looking ahead, Q1 2025 is off to a strong start, with average BTC prices approaching $100,000 and ETF inflows reaching $5.7 billion. However, analysts warned that markets could be volatile due to ongoing trade tensions between the United States and Canada, Mexico and China. Despite short-term uncertainty, they see any weak nodes in BTC or mining as buying opportunities. (crypto.news)

According to BlockBeats, on February 3, FalconX Research Director David Lawant reported on X that Ethereum's daily spot trading volume reached a record $38 billion. Meanwhile, Bitcoin's daily trading volume hit $49 billion, marking its third-highest record in history.

According to Odaily, independent app developer Nima Owji has revealed that the X platform's payment feature, X Money, might soon support QR codes.

Telegram founder Pavel Durov recently praised China's educational system, attributing the country's rapid advancement in artificial intelligence to its rigorous and competitive approach. For this reason, Durov warns that if the U.S does not fix its educational system, it risks losing its tech dominance to the Chinese.

The platform will provide BTC and AVA rewards for users who book accommodations on Trivago using crypto. Could this incentive drive greater adoption and bring more users into the crypto ecosystem?

I do not believe this bull cycle is over; however, looking at forward probability, I think it is more likely that we will see a drop to $70,000-$75,000 for Bitcoin by the end of the year and then rise to $250,000.

Marvel Studios faced criticism from fans who accused them of using AI-generated artwork for a "Fantastic Four" poster due to distorted hands and other anomalies. Marvel denied the allegations, stating no AI was involved in creating the poster.

Carnegie Mellon and NVIDIA have developed a training technique that gives humanoid robots unmatched agility, mimicking elite athletes like Ronaldo and Kobe. As AI pushes physical limits, could it outpace human athletes?

Thousands of Bitcoin and crypto enthusiasts gathered outside a Mcdonalds restaurant to trade in their satoshis for Big Macs, McFlurrys and coffee? Little did they know they would be the pioneers to make the first Bitcoin payment.

Is this also the case with your cryptocurrency trading in the past year: always one step behind the media in grabbing hot spots, chasing high prices only after seeing KOL promotion, never being able to hold on to the coins you buy, and never being able to cash out after holding on.

The crypto journey led by the newly formed Cryptography Working Group should be more interesting and less risky than the one the Commission has taken the industry on for the past decade.