The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said. The UK’s top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come crashing down in a correction reminiscent of the dot-com bubble in the early 2000s. Now, it is exploring the relationship between AI companies and financiers that are looking to place bets in the AI market, Bloomberg reported on…
Day: October 25, 2025
ETH at Risk of Further Pullback If This Key Support Cracks
Ethereum has been consolidating after a sharp rejection near the $4,500 resistance zone. Price action remains choppy and indecisive, with the bulls trying to hold the key support levels while the broader market sentiment leans defensive. Macro support zones remain intact for now, but the recent drop in bullish momentum is clearly visible in both price structure and RSI behaviour. Technical Analysis By Shayan The Daily Chart The daily structure shows that ETH has broken below its ascending parallel channel and recently lost the momentum that carried it above $4,400.…
Rumble to Roll Out BTC Tips to Streaming Platform’s 51M Users
Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. “Right now, we’re in the testing phase [but] we’re going to start rolling that out alongside Tether here in the coming weeks.” Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once…
Key News on the Verification Front
Meanwhile, the PI token has defended the $0.20 level. Ever since its inception over half a decade ago, the Pi Network project has attracted millions of users, even before it officially launched, but also a fair share of controversy and criticism. One of those has been the verification process, with countless users complaining online about having to wait weeks or even months only to be denied at the end. Now, though, the team behind the project has issued a new update, providing more detailed information on the KYC procedures,…