Bitdeer has started building a $36 million manufacturing facility in Sparks, Nevada, its first U.S. site, expected to produce up to 10,000 SEALMINER mining rigs per month by the end of 2026. This move supports Bitdeer's strategy to improve supply chain resilience and reduce reliance on external suppliers amid tough Bitcoin mining conditions caused by low hash prices and the 2024 halving. The factory will create about 70 local jobs and complement Bitdeer's existing U.S. data centers and innovation hub. Despite challenging market conditions, Bitdeer reported strong mining performance in May, mining 921 Bitcoin with a self-mining hashrate of 70.2 EH/s, and is expanding into AI cloud services and advanced mining hardware like hydro-cooled rigs.
The global lithium-ion battery market, valued at $68.5 billion in 2025, is projected to grow to $468.5 billion by 2035 at a CAGR of 21.2%. Growth is fueled by rising demand for electric vehicles, energy storage systems for renewable energy, and suppo...
At Intersolar Europe 2026 in Munich, Ganfeng LiEnergy presented its high-efficiency, cost-effective energy storage products designed for global energy transition needs. The company highlighted its large-capacity battery containers, ultra-long cycle c...
China International Capital Corporation (CICC) successfully held the 4th China-ASEAN Economic and Financial Seminar in Singapore, gathering over 200 representatives from government, investment, and business sectors. The event focused on capital flows...
On July 8, 2026, Cathie Wood sold $8 million of Advanced Micro Devices (AMD) stock in a single day. This significant sale by a well-known investor could indicate a shift in her portfolio strategy or a response to market conditions affecting AMD. Inve...
XRP surged past its recent resistance at $1.10 on a late-session volume spike, reaching $1.1065 and maintaining gains near session highs instead of falling back. This breakout, supported by increased trading volume, suggests $1.10 is now a key suppor...
