Riot Platforms Sees Record Q3 Revenue But Says Data Centers Is Endgame

[ad_1] Riot Platforms has reiterated its strategy has evolved to “maximizing the value of our megawatts,” rather than just mining Bitcoin, despite posting record revenues in Q3 on the back of a... Read more »

Hive Digital’s Bitcoin Hashrate Hits 22 EH/s, Expands AI Cloud Data Center in Sweden

[ad_1] Hive Digital Technologies Ltd. has achieved a new milestone, surpassing 22 exahash per second (EH/s) in bitcoin-mining capacity while fast-tracking its artificial intelligence (AI) Cloud expansion through a Tier-3 data center... Read more »

ISM Data Hints Bitcoin Cycle Could Last Longer Than Usual

[ad_1] The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual... Read more »

Australia Targets Crypto ATM Abuse With New Student Visa Data Rules

[ad_1] The Australian government says it will intensify its crackdown on money laundering involving international students and crypto ATMs. Banks to Gain Access to Student Visa Status The Australian government has announced... Read more »

Terawulf Plans Record $3.2B Notes Offering to Fund AI Data Center Expansion

[ad_1] Terawulf Inc. (Nasdaq: WULF) has announced plans to raise $3.2 billion through senior secured notes — the largest single debt financing attempted by a publicly traded Bitcoin mining company. This article... Read more »

Simmer Down, Bitcoin Is Going To Be Ok: Look At The Data

[ad_1] Key takeaways: Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses. Liquidations hit $5 billion as portfolio margin systems failed,... Read more »

US shutdown and weak jobs data drive record $6B crypto inflows

[ad_1] A US government shutdown and the weak jobs report have pushed digital asset investment products to their strongest weekly inflows on record. According to the latest CoinShares report, crypto-related investment products... Read more »

US Lawmakers Blast SEC Oversight as Vanished Gensler Data Rattles Enforcement Trust

[ad_1] SEC’s credibility faces fresh fire as lawmakers spotlight deleted texts, agency missteps, and possible special treatment for its former top official. House Committee Slams SEC Over Gensler’s Deleted Messages Leaders of... Read more »

Crypto Miner Terawulf to Raise Billions for AI-Driven Data Centers With Google Support

[ad_1] Terawulf Inc. plans to raise $3 billion to expand its data centers, backed by Google’s $3.2 billion commitment. The move highlights the growing diversification of the cryptocurrency mining industry and its... Read more »

Employment data revision washes $60B from crypto market cap

[ad_1] The crypto market lost $60 billion in market capitalization during the two hours following revised employment data, revealing a significantly weaker US labor market than previously reported. The Bureau of Labor... Read more »