A coalition led by Greenpeace and over 520 groups is pushing for a national ban on new data centers tied to cryptocurrency and AI, citing Texas's struggles with water and electricity resources. Public opposition in Texas has surged, with 56% statewide and 62% in rural areas opposing data center construction. This backlash has stalled or blocked $130 billion worth of projects in early 2026, including many linked to Bitcoin mining, which relocated to Texas after China's 2021 crackdown. Local moratoriums like Hill County's one-year ban may spread, and a potential federal moratorium could create uncertainty for the crypto mining industry that has thrived under state-friendly policies.
Oracle founder Larry Ellison has set up a trading plan allowing him to sell up to 50 million shares, worth about $7.5 billion, by October 24. This is unusual as Ellison has rarely sold large amounts of Oracle stock before, holding over 40% of the com...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
J.P. Morgan has appointed Nelle Miller and William Sinclair as co-CEOs of its U.S. Private Bank, a major wealth management division with over $2.4 trillion in client assets. Miller and Sinclair bring extensive experience in wealth management and clie...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
Meteora's native token, MET, surged 18% following reward campaigns that incentivized staking and liquidity provision. The protocol generated $20.3 million in fees over 30 days, with strong user engagement shown by a rise of over 40,000 active address...
