PiChain Ghana

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Elon Musk Endorses Investment in AI Crypto

On Monday, Elon Musk, the CEO of Tesla and SpaceX, acknowledged the recent predictions made by venture capitalists who had previously shown optimism towards cryptocurrency and artificial intelligence. The insight came from a post by a user named Daniel on the X platform (formerly Twitter), sharing a meme that humorously depicted the shifting preferences of […]

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What Happens if Bitcoin Reaches an All-Time High?
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.

You don’t need me to tell you that bitcoin (BTC) has been on a tear. The first and largest cryptocurrency by market cap is up over 6% just in the past 24 hours, after crossing a supposedly psychologically important threshold of $65,000 according to CoinDesk Indices data. It’s now within striking distance of its all-time

What Happens if Bitcoin Reaches an All-Time High?
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.
Read More »

The Top 5 Strategies for Overcoming Naysayers in Business

Throughout history, countless entrepreneurs and innovators have stood their ground amidst a sea of skepticism, channeling doubt into determination and proving their critics wrong. Take Sir James Dyson, for instance. When he first conceptualized his innovative vacuum cleaner with cyclonic technology, many in the industry dismissed it as a gimmick. Similarly, critics initially balked at the

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Ethiopia To Become The First African Country To Start Bitcoin Mining

ETHIOPIAN INVESTMENT HOLDINGSLast week, on Thursday, February 15, the Ethiopian Government’s investment arm, Ethiopian Investment Holdings (EIH), signed a memorandum of understanding with Honk-Kong-based West Data Group’s Center Service PLC to commence mining bitcoin. The partnership is under a general agreement for a groundbreaking $250 million data mining project “that is dedicated to establishing cutting-edge

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Elon Musk Walks His ‘Spooky’ Tesla Humanoid Robot Around That ‘Will Be Able To Do Everything Better Than Us’ — As Microsoft And BMW Partner On A Rival Robot

In a past message on X, Elon Musk said Tesla Inc.’s humanoid robot called Optimus could “eliminate dangerous, repetitive, boring tasks.” He suggests a future where robots integrate into daily lives, helping people with both mundane chores like doing the dishes to working in hazardous conditions. In a Jan. 15, 2023, message on X, Musk

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US crypto miners challenge EIA’s energy usage survey

Cryptocurrency mining operators in the United States question the legality and motives behind a mandatory survey of energy usage, sources and locations. Key figures representing United States-based cryptocurrency mining have raised red flags over an emergency survey to garner information on energy consumption and sources by operators. Cointelegraph reached out to key mining firms operating

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Former Bitcoin President Nayib Bukele Successfully Re-elected

Under the leadership of President Nayib Bukele, El Salvador became the first country to recognize Bitcoin as legal tender in 2021.Former Bitcoin President Nayib Bukele Successfully Re-electedNayib Bukele is edging closer to a new term in the 2024 Presidential election in El Salvador. Even though the electoral authorities have not officially announced the results, the

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Singapore Authorities Allow Upbit to Operate

Upbit, South Korea’s largest cryptocurrency exchange, recently received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). Singapore authorities allow Upbit to operate Following stablecoin issuer Circle, US exchange Coinbase and blockchain technology company Ripple, Upbit Singapore is the next to receive approval from the Monetary Authority of Singapore (MAS), allowing

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Foreign exchange liquidity improves marginally; one dollar going for ¢12.15

The cedi is expected to continue its marginal gain this week as foreign exchange liquidity improves. This follows the Bank of Ghana’s timely intervention. Banks sought to exchange about $750 million for cedi liquidity in a bid to comply with the Bank of Ghana’s unified currency reserves. The local currency witnessed some relief last week.

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