Since August 17, Bitcoin's price has increased by about 22%, yet most cryptocurrency mining companies have underperformed this rise, with only Canaan exceeding Bitcoin's gains. Core Scientific and Terawulf notably lag behind by 27% and 24%, respectively. Many mining firms are diversifying into AI data centers to balance profits during crypto market downturns, creating a split focus between mining and high-performance computing infrastructures. Investors will watch how these dual strategies affect mining stocks relative to Bitcoin's performance in the near term.
U.S. President Donald Trump proposed a $5,000 dividend for every adult American if Republicans control both the House and Senate after the midterm elections. This plan, aimed at rewarding Americans for economic performance, could inject about $1.2 tr...
Reports claim that Singapore Exchange (SGX) Bitcoin and Ethereum perpetual contracts are now accessible to U.S. institutional investors. However, no official SGX announcement or U.S. regulatory approval has been confirmed, leaving key details like el...
Hunter Biden's LAPTOP memecoin plummeted up to 98% shortly after launch due to sniper bots and limited liquidity, causing significant losses for early traders. The token debuted at $0.05 but faced a rapid price spike and crash as automated bots overw...
Bitcoin stayed just above $78,000, dropping about 1% as broader cryptocurrencies faced selling pressure, with Dogecoin down over 5%. Bitcoin showed a bullish "golden cross" technical signal, but macroeconomic concerns like rising oil prices near $102...
Genus PLC reported a strong fiscal year ending June 2026, with adjusted pre-tax profit up 35% to £100.2m and revenue steady at £658.1m. The company also announced a £60m share buyback and increased its dividend by 10%. Despite these positive results,...
