XRP Ledger defends emergency patch for unlimited XRP bug
Binance bStocks to Distribute Micron Technology Stock Dividends to MUB Holders
Ethereum Foundation Transfers 4,393 ETH to Kraken Exchange
South Korea's Jeonbuk Bank launches won-denominated loan program collateralized by Bitcoin
Binance Will Support Micron Technology (MU) Cash Dividend Distribution via bStocksBinance will suppo...
Federal Reserve Likely to Keep Interest Rates Unchanged in October
Kalshi Investigates Early Bets on Trump’s Appointment of White House Press Secretary
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Starknet's STRK Token Surges 322% in Four Weeks
Ethereum Foundation-Linked Wallets Send Another 4,393 ETH to Kraken, After Moving 49,751 ETH Over a...
Two Ethereum Foundation-linked wallets transferred 4,393 ETH (~$11.13 million) to Kraken 4 hours ago
Coinbase CEO: Fine-tuned Qwen3.5-9B model delivers better fraud prevention performance at lower cost and faster speed
XRP Gaining Nasdaq Exposure as Evernorth Takes 473M XRP Public
THORChain Announces Full Unlocking of RUNE Token Supply
Microsoft CEO Advocates for Enhanced Control Measures in Superintelligent Systems
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133,799,999 $USDC (133,846,093 USD) transferred from Unknown Whale 1 to #Aave...
KLEA Crypto Daily: Sunday, October 11, 2026
South Korea's KOSPI falls 1%, SK Hynix drops over 2%
Crypto Fear and Greed Index Index Value : 69 Sentiment : Greed BTC Price : $83766 ...
Starknet considers leaving Ethereum for a quantum-resistant Layer 1
OpenAI raises GPT-6.1 Sol default context length to 500,000 tokens
133,800,000 $USDC (133,843,217 USD) transferred from #Aave to Unknown Whale 1...
AVAX Token Surges Nearly 50% in Four Weeks, Outperforming Bitcoin and Ether
China Sees Explosive Growth of AI-Powered ‘One Person Companies’
Ledger attack spreads to EU, AI finds ’18 trillion XRP’ bug: Hodler’s Digest
Optimism’s Unichain deal will put more chains under one operator
Telegram Opens Its Money Wallet to More of Its 1 Billion…
A trader netted $1.28 million on new 1,000x exchange Papertrade by moving ETH prices on
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Wells Fargo Reports Tuesday: Will Its Kraken Crypto Talks…
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User Exposes Hidden Hardware Implant in European Ledger Wallet
XRP’s next Wall Street expansion comes with an unexpected complication from Ripple
XRP Ledger Fixed a Bug From 2015 That Could Have Created…
Solana Dominates Tokenized Equities Trading with 65% Market Share
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Ledger Confirms Hardware Implant as Tampered Wallet Reports Allegedly Spread to Europe
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XRP Ledger developers disclosed a decade-old payment engine bug that could have minted
Some Kraken futures limit orders can still fill after a successful cancel
US threatens to block weapons supplies to Ukraine over attacks on...
Ledger Confirms Draining Cases Linked to CryptoBilis-Sold Devices
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Tokenization Hits $65 Billion, but the IMF Warns of New Vulnerabilities
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Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
BTC breaks above $84,000, up 0.16% on the day
Starknet (STRK) traded at $0.1128, up 50.47 percent, at…
4,499 $BTC (377,172,944 USD) transferred from unknown wallet to unknown new...
*S&P 500 OPENS UP 1.1%, NASDAQ GAINS 1.3% ...
Bitcoin, Ethereum and Solana ETFs All in the Red for October
Demand for Computing Power Expected to Rise Due to Cheaper AI Technologies
Zach Pandl, the Research Director at Grayscale, highlighted in his recent column that the increasing demand for artificial intelligence (AI) is largely driven by decreasing operational costs and advancements in technology that enable more autonomous task performance. This trend is anticipated to significantly boost the demand for computing power and the necessary physical infrastructure that supports AI applications.
Pandl noted that the competition among open-source weight models is leading to lower token prices, making AI technologies more economically viable for a wider range of applications. For instance, Anthropic's new Sonnet model claims to reduce task costs by up to 30%, while OpenAI's recently launched always-on agent can work continuously towards user goals, potentially increasing the demand for computing resources.
Goldman Sachs has projected that by 2030, token consumption could rise by 24 times, primarily due to the use of AI agents. Despite improvements in efficiency, the overall demand for computing power may still escalate if usage grows at a faster rate. Pandl emphasized that digital activities depend on physical infrastructure, such as electricity and data centers, which require time to develop. He also mentioned that CoreWeave has recently entered into new contracts at higher prices for computing power, indicating a tight supply in the market. Ultimately, Pandl concluded that the combination of cheaper AI and more powerful agents could expand usage cases enough to sustain demand for computing power, benefiting its owners.
Source: KLEA News