Traders added about $700 million in new Bitcoin futures contracts at recent price lows, indicating aggressive leveraged long positions. This surge in open interest suggests confidence that current prices represent a floor, but also raises the risk of a liquidation cascade if support levels fail. The buildup could lead to a sharp relief rally if prices hold, or a steep drop if the market breaks below key support zones. Investors should watch these levels closely as futures positioning often influences spot market moves.
The satellite industry is shifting focus from rockets to controlling radio spectrum for direct-to-handset connectivity. The FCC's new Supplemental Coverage from Space authorization enables satellites to beam service directly to ordinary smartphones. ...
IREN's Q4 FY26 report reveals AI cloud contracts now price at $25 million per megawatt of IT load, up from $9.7 million in late 2025. This surge reflects strong demand and scarce compute capacity, with $4 billion in contracted annual recurring revenu...
Cardano (ADA) bulls are preparing for a potential price bounce to $0.50 after the cryptocurrency successfully broke above the $0.19 support level and is now consolidating. The next critical resistance to watch is $0.24; surpassing this could unlock u...
Nvidia CEO Jensen Huang announced that artificial general intelligence (AGI) has arrived, citing OpenAI's GPT-6 Astra model trained on over 100,000 Nvidia Grace Blackwell GPUs. This milestone highlights Nvidia's critical role in powering advanced AI ...
OpenAI has hired Jessica Schumer, daughter of Senate Minority Leader Chuck Schumer, to manage government relations and partnerships in Northeastern states. Jessica Schumer brings extensive experience from Amazon and the Obama administration, strength...
