According to Odaily, Stronghold Digital Mining has agreed to pay more than $1.4 million in penalties and refunds following an investigation by U.S. federal agencies. The investigation revealed that the company violated energy market regulations while prioritizing its Bitcoin mining operations. Stronghold Digital, along with its subsidiary Scrubgrass Reclamation Company, operates the 85-megawatt Scrubgrass power plant in northwest Pennsylvania. This plant has been functioning as a capacity resource for the PJM Interconnection energy market from 2018 to 2022. The settlement agreement, released by the Federal Energy Regulatory Commission (FERC) on January 30, outlines Stronghold's contractual obligation to supply available power to the PJM grid to ensure grid reliability. However, the FERC enforcement office found that between June 2021 and May 2022, Stronghold failed to meet this obligation, diverting power to its Bitcoin mining operations instead. FERC's investigation revealed that Scrubgrass underreported its available power capacity in the market, accounting for 67% of day-ahead and 69% of real-time power. Instead of supplying this power to PJM, it was redirected to Bitcoin mining, comprising 57% of day-ahead and 59% of real-time power. Additionally, the settlement order noted that Stronghold purchased power from PJM at wholesale prices 24% of the time, with some of this power being misclassified as "station power" rather than being used for essential plant operations. As part of the settlement, Stronghold and Scrubgrass will repay $678,635 in improper earnings to PJM and pay a civil penalty of $741,365 to the U.S. Treasury. The company is also required to submit compliance reports for at least two years and provide market rules training for its employees.

According to Odaily, Nasdaq-listed Bitcoin mining company Hut 8 has released its operational update for January 2025. The company produced 65 BTC during the month, marking a decrease of approximately 27% compared to the previous month. Currently, Hut 8's Bitcoin holdings have increased to 10,208 BTC, and its managed computing power has reached 9.4 EH/s. Additionally, the Vega data center is scheduled to be powered on in the second quarter of 2025, in preparation for a hosting agreement with Bitmain for approximately 15 EH/s.

Odaily Planet Daily News Nasdaq-listed Bitcoin mining company Hut 8 released an operational update report for January 2025, producing 65 BTC that month, a decrease of about 27% from the previous month. The current holdings have increased to 10,208, and the managed computing power has reached 9.4 EH/s. In addition, Vega's data center is scheduled to be powered on in the second quarter of 2025 to prepare for signing a hosting agreement with Bitmain for about 15 EH/s.

The real opportunity lies not in simply storing Bitcoin; it lies in integrating Bitcoin into the global financial system, thereby strengthening rather than undermining America’s economic leadership.

The post AI Crypto Market Crash as US-China Trade War Escalates appeared first on Coinpedia Fintech News On Feb 4th, China retaliated aggressively against the US’ move to impose a 10% tariff on Chinese goods, imposing a 15% counter-tariff on selected US goods. The development affected the cryptocurrency sector, especially the AI crypto segment, severely. Today, the situation has touched a new... source: https://coinpedia.org/news/ai-crypto-market-crash-as-us-china-trade-war-escalates/

Odaily Planet Daily News According to Messari data, in Q4 2024, Solana's on-chain GDP (total application revenue) increased by 213% month-on-month to US$840 million, including: -pump.fun's revenue was US$235 million, a month-on-month increase of 242%; -Photon's revenue was US$140 million, a month-on-month increase of 278%; -Raydium's revenue was US$74 million, a month-on-month increase of 268%; -BullX's revenue was US$73 million, a month-on-month increase of 260%; -Trojan's revenue was US$63 million, a month-on-month increase of 187%.

Odaily Planet Daily News According to ultrasound.money data, the supply of Ethereum is currently 120,521,523 ETH, which is about 383 more than the supply on the day of the merge upgrade. Jaehyun Ha, an analyst at Presto Research, said that the network's Dencun upgrade last year was the cause of the expansion of Ethereum's supply. Jaehyun Ha said, "With the launch of the Dencun upgrade, Ethereum added support for blob transactions, which is designed to handle large data loads (especially L2) more efficiently. These transactions use a separate fee unit called 'blob gas', which is different from the standard Gas fee applicable to regular transactions. As a large amount of transaction activity shifted to blob transactions, this change resulted in a decrease in the proportion of destroyed fees. Reducing fees means that even if overall network activity remains high or grows, the balancing effect that previously limited the net supply of ETH is now less obvious." (The Block)

Trump's new order launches a U.S. sovereign wealth fund, fueling Bitcoin speculation as states push pro-crypto laws and digital asset adoption. source: https://coinpaprika.com/news/trump-signs-order-for-u-s-wealth-fund-sparks-bitcoin-speculation

Odaily Planet Daily News After a federal investigation found that mining company Stronghold Digital violated energy market rules while prioritizing its bitcoin mining business, the company agreed to pay more than $1.4 million in fines and refunds. Stronghold Digital and its subsidiary Scrubgrass Reclamation Company operated the 85-megawatt Scrubgrass Power Plant in northwestern Pennsylvania as a capacity resource in the PJM Interconnection energy market from 2018 to 2022. According to the settlement agreement issued by the Federal Energy Regulatory Commission (FERC) on January 30, Stronghold has a contractual obligation to provide its available power to the PJM grid to help ensure grid reliability. However, the FERC Enforcement Office determined that Stronghold failed to fulfill this obligation between June 2021 and May 2022, and instead diverted electricity to its bitcoin mining business. According to FERC’s investigation, Scrubgrass underreported the available power capacity it offered in the market by 67% of day-ahead power and 69% of real-time power. It diverted power to bitcoin mining instead of providing it to PJM by 57% of day-ahead power and 59% of real-time power. In addition, FERC noted in the settlement order that Stronghold purchased power from PJM at wholesale prices 24% of the time, and some of that power was misclassified as “station power” rather than used for necessary power plant operations. As part of the settlement, Stronghold and Scrubgrass will reimburse PJM for $678,635 in improper revenue and pay a $741,365 civil penalty to the U.S. Treasury. The company must also file compliance reports for at least two years and provide employee training on market rules.

أثارت خطة الرئيس الامريكى دونالد ترامب لفرض تعريفات جمركية كبيرة على السلع من المكسيك وكندا والصين عاصفة في سوق العملات الرقمية المشفرة. وكانت قد حدثت عمليات بيع ضخمة خلال عطلة نهاية الأسبوع، مع انخفاض القيمة السوقية الإجمالية للعملات الرقمية المشفرة بمقدار نصف تريليون دولار. وعلى الرغم من أن العديد من المنافذ الإخبارية تشير إلى تصفية … The post ما هى أفضل العملات الرقمية المشفرة للشراء حاليا... source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa/%d9%85%d8%a7-%d9%87%d9%89-%d8%a3%d9%81%d8%b6%d9%84-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%b1%d9%82%d9%85%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d8%b4%d9%81%d8%b1%d8%a9-%d9%84%d9%84%d8%b4/140698

2023年初頭以降、ビットコイン（BTC）は典型的な「階段状の強気相場」を描いており、段階的な価格上昇と、次の上昇局面への準備となる調整局面が交互に繰り返されて ... The post ビットコインの強気のブレイクアウトにブレーキをかける可能性がある3つの展開 first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/274692/

FTX will begin repaying small creditors (claims under $50,000) in the Bahamas on February 18, 2025, with 9% annual interest on their claims. Creditors outside the Bahamas will receive their payouts starting by March 4, 2025.

Trump's presidential election victory seems to have boldened rich Asian investors to invest more of their money into digital assets. And these investors have chosen Singapore as the place they would be safekeeping their money.

For the crypto market, this is an uneasy Spring Festival: Trump launched a tariff war, causing a sharp drop in the crypto market; Deepseek was released, and the market reacted violently; El Salvador cancelled Bitcoin's official currency status; the Federal Reserve continued to maintain its decision not to cut interest rates...

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.

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?

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.