Nvidia CEO Jensen Huang says there’s a massive race for AI computing power, which could raise questions about how much will be left for crypto mining. Nvidia CEO Jensen Huang said demand for computing resources is “skyrocketing” due to the rapid advancement of artificial intelligence models, calling it an “intense race” to the next frontier of the tech. In a Monday Nvidia live event in Las Vegas, Huang discussed a host of developments for the company ahead of 2026, as he pointed to the strong competition in the artificial intelligence sector. Commenting on the growth of AI since it first hit the market, Huang said that everyone has been fighting to be the first to hit the next level of the tech. Read more
The crypto-friendly Trump administration and Wall Street adoption will be two of the biggest drivers behind a Bitcoin rally to new highs in 2026, two industry analysts said. The son of legendary investor Bill Miller has joined a chorus of analysts who predict Bitcoin will set a new all-time high this year, buoyed by regulatory momentum in the US and continued adoption on Wall Street. “Technicals are really starting to line up and it looks like it’s ready to go again. I personally expect it to break out to a higher high than its all-time high from the fall,” Bill Miller IV, chief investment officer at Miller Value Partners, told CNBC on Monday. He cited comments from US Securities and Exchange Commission Chair Paul Atkins stating that capital markets are moving onchain, while pointing out Wall Street heavyweights like JPMorgan continue to build onchain. Read more
Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say. US companies moving into Venezuela to extract the country’s enormous crude oil reserves could lower electricity prices for Bitcoin miners and improve their profitability margins, analysts at crypto exchange Bitfinex said. “Cheaper and more abundant energy would improve miner margins globally and could unlock a new phase of mining expansion, particularly in regions able to secure long-term power contracts,” the Bitfinex analysts said in a note on Monday. The US started seizing Venezuelan oil tankers in December, and it is expected to start extracting Venezuela's 303 billion barrels worth of crude oil reserves after capturing Venezuelan President Nicolás Maduro on Saturday. Read more