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.
Solana's tokenized equity market surged from $63 million to $455 million within a year, driven by platforms like xStocks. Over $65 million of these tokenized equities are used to generate yield or as collateral for loans on platforms like Kamino and ...
Ether (ETH), the second-largest cryptocurrency by market cap, experienced $27.24 million in long position liquidations during a one-hour period ending at 6:05 p.m. ET on Saturday. The price of ETH fell 1.61% from $2,424 to $2,384 in that hour. Data w...
Shiba Inu's exchange reserves have dropped slightly to about 87.06 trillion SHIB, indicating a reduction in tokens held on exchanges amid fading sell pressure. Negative netflow data shows more SHIB tokens are leaving exchanges than entering, suggesti...
Pump.fun has introduced perpetual futures trading for cryptocurrencies like Bitcoin and Ethereum, as well as real-world assets such as the S&P 500 and oil, offering up to 50x leverage through Hyperliquid. This expansion marks Pump.fun's evolution fro...
AIsa, an AI infrastructure startup, announced it has raised over $9 million in cumulative funding after Tether and HIVEN joined a seed extension round. The company connects AI agents to external data and services while managing usage, billing, and sp...
