“Cryptocurrency is booming in Argentina, Nigeria, and the Philippines!
Vitalik advocates for open source in the health, finance, and governance sectors.
Ethereum co-founder warns of the dangers of closed systems.
Ripple CEO Brad Garlinghouse announces his marriage.
Bitcoin miners are soaring amid rumors of increased energy demand due to OpenAI.
Today, we’ll be covering these five topics.
Let’s analyze the news about the global economy and cryptocurrencies and consider economic trends together! This Thursday, September 25th, we’ll be discussing today’s cryptocurrency news and on-chain market conditions.
This program brings you the latest news to help you with your asset building. Let’s start by looking at 24-hour data headlines from the cryptocurrency market.
We’ll start with the theme, “A True Cryptocurrency Boom in Argentina, Nigeria, and the Philippines.”
In these emerging countries, cryptocurrencies have become more than just an investment; they’ve become deeply ingrained in daily life and economic activity. For example, in Argentina, amid persistent high inflation and currency instability, citizens are actively using Bitcoin and other cryptocurrencies as a means of asset protection and remittance. Similarly, in Nigeria and the Philippines, unbanked people are accessing financial services through virtual currencies, building new economic spheres.
While cryptocurrency use in these regions was limited in the past, it has expanded rapidly in recent years due to the widespread adoption of smartphones and deregulation. Market participants point out that “these emerging markets are the driving force behind the growth of global cryptoassets.”
Next, Ethereum co-founder Vitalik Buterin emphasized the importance of open source infrastructure in the fields of health, finance, and governance.
He warned that closed systems are prone to “abuse of power and monopolies,” and called for the construction of more transparent and participatory infrastructure. This is not just a technical issue, but is attracting attention as an issue directly linked to fairness and restoring trust in society as a whole.
These comments have caused a great stir both within and outside the industry, with many developers and policymakers beginning to promote open source.
And in more personal news, Ripple CEO Brad Garlinghouse announced his marriage to Tara Millsty. This happy news between two industry leaders is sure to be a bright spot in the community.
Finally, regarding Bitcoin mining trends. Recently, some have speculated that the development of AI technology by OpenAI will lead to a significant increase in energy demand, leading to reports that mining companies are rushing to invest in equipment and expand operations.
There are three key factors behind this.
First, expectations for AI-related demand are rising across the market, and mining is gaining attention as a new source of revenue.
Second, some miners are accelerating energy supply contracts and facility expansion plans in an effort to expand their market share.
Third, there are concerns about the impact on the electricity supply and demand balance, and measures to reduce environmental impact and comply with regulations will likely become increasingly important in the future.
That concludes today’s news highlights. This channel provides in-depth, specialized features focused on valuable news in the cryptocurrency world. If you find this channel valuable, please share, follow, and turn on notifications.
Until next time,
