CNBC is now doing live Bitcoin chart analysis, calling for a strong Q4. New all-time highs are here and retail is still asleep. We’re going higher.
NEW: Kevin O’Leary warns that Bitcoin mining and AI data centers are locked in a power struggle as U.S. electricity grids face growing shortages. With surging demand from AI, O’Leary says there’s little power left on the grid. Analysts predict AI will outpace Bitcoin mining in energy use by 2030. 🤖⛏️ image
NEW: Arthur Hayes warns that France’s deepening fiscal and banking problems could trigger a Eurozone crisis. In his essay “Bastille Day,” Hayes argues that rising deficits, reliance on foreign lenders, and capital flight signal looming capital controls and a potential return to a weaker national currency. 🇫🇷💶🇪🇺 image