Bitcoin's network computing power, or hashrate, has declined about 22-24% from its late 2025 peak, marking what Twenty One Capital CEO Raphael Zagury calls the first "hashrate bear market." This prolonged drop differs from the sharp 2021 decline caused by China's mining ban, as miners now increasingly redirect infrastructure investment toward artificial intelligence (AI) data centers, which compete for similar resources. While some mining companies continue large Bitcoin operations, many are shifting to AI hosting, benefiting from lower network difficulty and potentially higher revenue share for remaining miners. The sector's future will depend on Bitcoin price trends, mining costs, and how companies balance mining with AI ventures.
Filecoin (FIL) surged 16.57% to $0.8012 on September 2, 2026, with about $0.25 billion in trading volume, making it one of the top-performing altcoins that day. Despite the price rise, no confirmed news or project updates explain the spike, and order...
Zurich Insurance Group reported a 13% increase in business operating profit and an 11.5% rise in Core EPS for the first half of the year, with a return on equity reaching 27.1%. The property and casualty segment showed healthy growth, supported by Gl...
Arbitrum's decentralized exchange (DEX) has reached a trading volume of $814 million, reflecting increased activity on Layer-2 blockchain solutions. This surge highlights growing adoption and interest in faster, scalable blockchain networks that redu...
Global Ship Lease (GSL) reported solid Q2 results, surpassing revenue and adjusted EBITDA consensus estimates. The company’s 15-vessel newbuild program enhances its long-term earnings visibility and fleet quality. Contracted revenue increased to $3.2...
Strategy sold about 7,000 Bitcoin near $60,000 to fund preferred dividends, reducing net debt from $7 billion to zero and increasing dollar reserves to $7 billion. The sale was a capital management move, not a market timing decision. After strengthen...
