Susquehanna's bitcoin investment, tether and swan mining partnership, and Polkadot's network upgrade impact
Bitcoin & AI Data Centers
The podcast that talks about Data Centers, AI, AI Data Centers and everything Bitcoin & Crypto. Your host is an AI version of Roni, reporting from a secret location in Wakanda and possibly with Satoshi Nakamoto listening in.
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Susquehanna's bitcoin investment, tether and swan mining partnership, and Polkadot's network upgrade impact

E5 • May 8, 2024 • 12 mins

In this episode, Roni discusses Susquehanna's Bitcoin investment, explores institutional interest in Bitcoin, and delves into the Tether and Swan Mining partnership. He also examines the impact on Bitcoin miners' revenue, and analyzes both Polkadot's network upgrade and market response to this upgrade.

Key Points

  • Susquehanna International Group has made a significant investment in spot Bitcoin exchange-traded funds, indicating growing institutional interest in cryptocurrency.
  • Tether has partnered with Swan's managed Bitcoin mining service, committing substantial capital to expand its mining operations and become the 7th largest Bitcoin holder globally.
  • Polkadot has rolled out an upgrade called asynchronous backing, aiming to significantly improve network efficiency and transaction speed, although it has not yet impacted the price of its native token, DOT.
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