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Datavault AI restates financials after Bitcoin withdrawal stuck for 4 months, shares plunge up to 48%.
Datavault AI disclosed that four quarters of its financial statements can no longer be trusted due to issues with Bitcoin holdings linked to a $150 million equity deal. The company’s request to withdraw Bitcoin from Biconomy has been pending for four...
Ether's price drop is milder than U.S. semiconductor stocks amid recent market pullback.
Ether (ETH) has declined by 13% from its recent peak, a smaller drop compared to the 20% fall in U.S. semiconductor stocks during the same market pullback. Thomas Lee, Chairman of Bitmine Immersion Technologies, attributes this difference to broader ...
China's AI stock slump may impact Bitcoin via US tech market, but direct crypto selloff unlikely.
China's AI-focused STAR50 index dropped 4.81%, continuing a 40% decline since July, wiping out about $480 billion in value. While this selloff hasn't directly affected Bitcoin due to China's crypto bans, concerns about US tech earnings and AI spendin...
