Eric Trump’s recent announcement marks a significant development as TRUMP Coin aligns with World Liberty Financial, signaling increased institutional interest in the memecoin sector. This strategic move has temporarily boosted
US data centers could require up to 945 terawatt-hours (TWh) of electricity by 2030, matching Japan’s present-day consumption, the International Energy Agency (IEA) warns. What’s fueling this demand? Artificial intelligence. However, it’s pretty clear the current energy grid is already stretched thin, struggling to meet electricity demands. Add anything more, and it might just buckle. More pressure on the energy infrastructure could translate into hiked power bills, brownouts, and blackouts for the American public. Worse still, if the grid can’t supply enough energy, it could bring the tech industry to a halt, potentially stifling AI development before companies can even begin to explore half of its possibilities. The US is still dealing with aged energy infrastructure in key states According to IEA’s analysis, data centers used up 415 TWh in 2024, about 1.5% of global electricity consumption, and AI servers accounted for a hefty share of that. Per their report, AI servers alone made up 24% of server electricity use and 15% of total data center energy demand last year. That’s a staggering footprint for a technology still in its early stages—and it’s only expected to grow moving forward. Alex de Vries, a researcher at VU Amsterdam and the founder of Digiconomist, believes the IEA’s figures are underestimated, calling their AI stats a bit vague. Goldman Sachs also made their projections, estimating that AI data centers could burn through 165% more power; even Arm’s CEO warned that AI might use 25% of US electricity by 2030. Sounds a bit dramatic, but the real question is, can the country handle the future energy demands of AI? The government certainly believes so, seeing that it already started issuing incentives and implementing new regulations both at the federal and state levels. For instance, in April, President Trump signed executive orders to fast-track coal energy production —supposedly to meet the AI industry’s soaring power demands because reviving fossil fuels in 2025 is the answer. Well, analysts aren’t exactly thrilled with the president’s decision. Many doubt it’ll even be enough, and environmentalist backlash is only getting worse. Focusing on fossil fuels like natural gas or coal could alleviate the AI power crisis, but building new fossil fuel-powered facilities may take at least three to five years. If we are talking nuclear plants, it could take even longer, roughly seven to 15 years. Furthermore, renewables like solar and wind require costly battery storage to maintain steady power for AI data centers. Not to mention, multiple transmission lines and substations in several states are over 50 years old. Talk about ancient; some even date back to the 19th century, particularly in Boston, Philadelphia, New York, and Chicago, which begs the question, is there really a method to cater to AI power demands, or should companies rethink their tech development strategies? CEO Michael Polsky asks the government to provide support to power developers. The US is still very focused on beating China in developing artificial intelligence. However, if it stands a chance to win, it would need to invest in power superhighways to move large quantities of electricity, according to Invenergy LLC Chief Executive Officer Michael Polsky. He argues that establishing a national transmission activity to set up high-voltage lines could even expedite the process. His words: “I do believe it’s an emergency because of how difficult it is to build things. We don’t have decades to figure this out. We have years.” Additionally, he suggested the government offer support to power developers as it does for others like Musk and his spaceships. He claimed they should also be fairly compensated for their investments. However, the Trump administration seems hell-bent on budget cuts, especially on clean energy power developers. Just last month, the government cut off nearly $4 billion in support from some clean energy projects. Not to mention, Invenergy’s Grain Belt Express project funding could be next on the chopping block, meaning it could potentially lose about $11 billion that could transmit 5 gigawatts of power across 800 miles. Nonetheless, Invenergy President Jim Murphy believes the government will still fund their project. Polsky even argued that their project was of national concern.
Coinbase is tackling account freeze issues head-on with top-priority fixes, deploying smarter machine learning, in-app verification tools, and long-term safeguards to protect users. Coinbase Says Account Freezing Issue Down 82% Amid Internal System Overhaul Crypto exchange Coinbase (Nasdaq: COIN) addressed ongoing concerns about user account restrictions in a series of updates shared on June 6
Bitcoin saw a sharp price dip on Thursday amidst a public fallout between US President Donald Trump and the world’s richest man Elon Musk. The premier cryptocurrency, which had traded steadily within the $104,000–$106,000 range throughout the week, plunged to below $101,000 as tensions escalated between the two influential figures who attacked each other via their personally owned social media platforms i.e. X (formerly Twitter) and Truth Social. Since then, Bitcoin has shown some market resilience climbing back to around $104,000. With another consolidation developing, market analyst Crypto Daan has highlighted the price levels that are critical to the next price breakout. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash Beyond $106K Or Below $100K – What’s Next For Bitcoin? The month of May proved largely bullish for Bitcoin as the digital asset surged from around $95,000 to establish a new all-time high near $112,000 marking the resumption of the larger crypto bull market. However, Bitcoin has noted a significant price correction since reaching this peak with market prices pegged around $104,000 on May 31. As seen in the first week of June, Bitcoin had hovered around $106,000 before its most recent price slump on Thursday. Due to this price action, Daan Crypto notes the digital asset is now trading within a price range of $100,000-$106,000, where it comfortably sits at the mid-range around $104,000. The analyst notes that if Bitcoin returns break below the lower range boundary at $100,000, the ongoing price correction could extend for 1-2 weeks. Going by BTC’s stairwell ascent in the past month, potential market support in such a bearish case would lie around $95,000 and $85,000. On the other hand, if the market bulls can force a return above the monthly high of $106,000, Daan Crypto explains that such development would indicate the market correction is over, and Bitcoin may be headed for another price discovery with potential initial targets of around $120,000. Related Reading: XRP Wave Structure Predicts Wild Fluctuations On Its Way To $4 ATH BTC Price Overview At the time of writing, Bitcoin trades at $104,650 following a price gain of 2.98% in the past day. Using larger time frames , the premier cryptocurrency is up by 1.12% on its weekly chart and 7.49% on the monthly chart indicating a strong bullish control of the market. Interestingly, the Relative Strength Index on the daily chart stands at 51.53 facing upward which supports the notion that Bitcoin’s correction might be over with price eyeing a return to the overbought zone above 70. With a market cap of $2.07 trillion, Bitcoin continues to rank as the world’s largest cryptocurrency and fifth largest asset in the world. Featured image from Pexels, chart from Tradingview
The recent delisting of WEMIX from major Korean exchanges has triggered significant financial repercussions for Alpha Asset Management, highlighting vulnerabilities in the blockchain gaming sector. This removal has notably dampened
Tigran Gambaryan, Binance’s Vice President of Global Intelligence and Investigations, has resigned amid ongoing regulatory scrutiny faced by the world’s largest cryptocurrency exchange. Gambaryan’s departure raises important questions about Binance’s
This isn’t Alex's first exploit, as a Lazarus-linked breach in May 2024 cost $4.3M.
As the crypto landscape becomes increasingly competitive, more investors are beginning to question the long-term upside of holding major altcoins like Solana or Cardano. While both offer scalability and strong ecosystems, Lightchain AI presents a newer, high-upside opportunity that’s capturing early interest. Currently priced at $0.007 during its presale, Lightchain AI has already raised $18.3 million—indicating strong confidence in its AI-integrated blockchain approach. With a roadmap built around transparency, governance, and decentralized intelligence, it stands out as a forward-looking platform with massive growth potential. Why Lightchain AI Outshines SOL & ADA Lightchain AI Just Lightchain AI has proved itself to be out of the darkness and above the other Blockchain networkers both Solaris(XL) and Ada(Cardano) with the unique infrastructure tailored for smart distributed computing. The means of the scalability solutions that together constitute sharding, Layer 2 rollups, and DAG structures enables Lightchain AI to be more capable of dealing with high volumes of transactions and AI workloads more efficiently. Aside from the Blockchain Lightchain AI is also The interoperability aspect of Lightchain AI is the main talking point, as it is a clear leader in being compatible with the mainstream blockchain platforms and premium AI libraries such as TensorFlow where others face the challenges of cross-chain interaction. This is mainly due to the Lightchain AI’s cryptographic security protocol, where it implements the cryptographic techniques like Zero-Knowledge Proofs and homomorphic encryption that are more secure and protect the user data during their processing. This lineup of unique assets that in cooperation with advanced AI have been brought to live thanks to the privacy-first approach, and easy accompanying the new software to an already existing system will help Lightchain to be a strong alternative. Being both appealing to the developers and touching the hearts of investors by offering a big technological leap in the blockchain universe, Lightchain AI is positioned as a more dynamic and future-proof alternative to SOL and ADA. Lightchain AI- 2025’s Smartest Buy Lightchain AI is emerging as one of 2025’s most compelling crypto investments due to its unique fusion of artificial intelligence and blockchain. Built to support decentralized, real-time AI applications, the project stands out for its technical sophistication and long-term utility. Currently in its presale stage, Lightchain AI has already raised millions, reflecting growing investor confidence. Its low-latency design and forward-looking roadmap have sparked comparisons to early-stage industry leaders. With the mainnet launch scheduled this year and strong market momentum, many see Lightchain AI as a high-potential altcoin—positioned not just for gains, but as a foundational layer for future AI innovation. Lightchain AI Rising- Where to Get In Early Lightchain AI is rising fast as one of the most promising altcoins in the AI-blockchain space, and now is the perfect time to get in early. Investors can participate directly through the official presale at lightchain.ai , where tokens are available before listings on major exchanges. Simply connect a wallet like MetaMask or Trust Wallet, and purchase using ETH, USDT, or credit/debit card via supported on-ramp services. Backed by powerful tech like the Artificial Intelligence Virtual Machine (AIVM), dynamic pricing, and low-latency AI execution, Lightchain AI offers more than hype—it delivers real utility. With its roadmap progressing toward mainnet launch and global adoption, early access to LCAI tokens provides a unique opportunity to be part of a next-gen decentralized revolution. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf Tweets by LightchainAI https://t.me/LightchainProtocol
According to COINOTAG News on June 8th, data from EmberCN reveals a significant accumulation by a major Bitcoin whale. Initially acquiring 500 BTC two years ago at an average price
Elon Musk’s recent deletion of tweets alleging former President Donald Trump’s involvement in the Epstein files has stirred significant public and media attention, yet left the cryptocurrency markets largely unaffected.