Bitcoin miners face uneven borrowing costs for AI expansion
Bitcoin miners have secured AI financing at sharply different rates, with IREN’s 6% and 9% agreements showing how project terms have shaped borrowing costs, according to BlocksBridge Consulting. Summary IREN secured separate $3.65 billion and $2.4 billion financing packages at…
Bitcoin Could Rally to $94K, but First It Must Break Through This Key Price Zone
Bitcoin’s ability to regain the $86,000 to $89,000 range will be a key factor in Doctor Profit’s forecast. Crypto analyst Doctor Profit expects the world’s largest crypto asset to resume its upward move soon, even though BTC failed to…
DoubleZero’s Federa says fast market data should not be private
DoubleZero has added Binance spot and futures data as Edge’s fifth venue in six months, with co-founder Austin Federa arguing that access to the fastest market feeds should be available to anyone willing to subscribe. Summary Binance joins Solana, Kalshi,…
BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done
BitMine has staked 84% of its Ethereum holdings, projecting up to $400 million in annual staking revenue once the entire treasury is deployed. BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third…
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…
Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red
Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…
Solana Growth Signals Hope Despite Woes
Data from Santiment shows new wallet creation rising even as prices slump, hinting network curiosity hasn’t faded with sentiment yet. The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67%…
How a Wallet Compromise Killed the Solana DeFi Aggregator
After exploring fundraising and acquisition options, the teams concluded that no sustainable recovery path existed following the breach. Solana-based DeFi aggregator, Step Finance, along with two other affiliate projects, SolanaFloor and Remora Markets, announced plans to shut down all…
4 Things That Could Impact Crypto Markets This Week
A busy week lies ahead on the US economic calendar with a raft of inflation data, while tensions are mounting again in the Middle East. Crypto markets have largely held on to gains over the weekend, but were looking…
Coinbase pushes back on Warren as CLARITY Act vote nears
Coinbase Chief Policy Officer Faryar Shirzad has rejected claims that the CLARITY Act would weaken U.S. national security. In a July 11 post on X, he said unclear crypto rules give bad actors room to operate outside firm regulatory boundaries….
Ripple Almost Shut Down and Distributed XRP After SEC Lawsuit, CEO Reveals
Key Takeaways Ripple came close to shutting down after the SEC filed a lawsuit over XRP. The company considered distributing its XRP holdings to shareholders. A court ruling found that XRP sales on public exchanges were not securities transactions. Ripple…
AI, Warsh, and Geopolitics Break Bitcoin Correlation With Stocks and Gold
Shifting expectations around Fed policy have repeatedly redirected capital between crypto, commodities, and technology stocks. Kevin Warsh’s arrival at the Federal Reserve, renewed geopolitical tensions, and the AI investment boom have pushed stocks, gold, and Bitcoin onto sharply different…
BlackRock’s BUIDL hits $900M on Avalanche as RWA race grows
BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.Wu Blockchain cited current…
How BTC Could Become a Global Digital Capital Asset by 2036
Key Takeaways Michael Saylor predicts broader bitcoin ownership, deeper institutional adoption, greater political importance and stronger financial integration by 2036. He expects bitcoin to serve as reserve capital, collateral and settlement infrastructure for institutions, banks, and sovereigns. Saylor says financial…
Bitcoin’s Recovery Gains Momentum, Putting July Off to a Strong Start
Market conditions are still extremely bearish despite recent positive developments, so every rebound will be treated as a bear-market recovery, not a trend reversal. As analysts have predicted for July based on historical data, BTC is off to a…
Ethereum’s Merge cut power use over 99.9%, Cambridge finds
The Cambridge Centre for Alternative Finance has estimated Ethereum’s annual electricity consumption at 7.87 gigawatt-hours. That equals a continuous power demand of about 0.90 megawatts. The study places Ethereum near the lower end of energy intensity among major proof-of-stake blockchains…
Grayscale Places XRP at the Center of the Global Payments Narrative
Key Takeaways Grayscale classified XRP as a global payments asset within its broader digital asset narrative framework. The designation reflects XRP’s connection to cross-border payments and blockchain-based settlement discussions. Grayscale’s focus strengthens XRP’s position as a leading digital asset for…
Pakistan seeks crypto dialogue after scholar rejects USDT payments
Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib has called for continued discussion on digital assets under Islamic law. His statement followed a meeting with scholar Mufti Taqi Usmani on July 11. Saqib said both sides shared one aim:…