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Bitcoin miners shift to AI infrastructure, with $2B crypto ETP inflows and AI revenue to hit 70% by 2026

Market News
28 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitcoin miners are increasingly becoming AI infrastructure providers, with projections showing up to 70% of their revenue coming from AI and high-performance computing by the end of 2026, up from 30% earlier this year. This shift is driven by US data center power constraints and miners' existing large-scale power infrastructure in low-cost energy regions. Meanwhile, US spot Bitcoin ETFs saw $1.9 billion in net inflows in a single week, the highest since October 2025, signaling strong investor interest. Analysts are now valuing mining companies more like data center and cloud infrastructure firms, reflecting this industry transformation.

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Conagra cuts dividend amid ongoing sales and margin declines, plans debt reduction and brand divestitures

Conagra cuts dividend amid ongoing sales and margin declines, plans debt reduction and brand divestitures

Conagra Brands is facing continued declines in margins, sales, and earnings, with guidance for fiscal year 2027 indicating further deterioration. New CEO John Brase has halved the dividend to 4.3% to free up capital for reducing debt, investing in co...

Market News
Bearish
4 hours ago
AI predicts Apple stock to rise over 10% on the launch of its first foldable iPhone in 2026

AI predicts Apple stock to rise over 10% on the launch of its first foldable iPhone in 2026

Apple is set to launch its first foldable iPhone on September 9, 2026, with AI models forecasting a stock price increase of around 10.6% by that date. The prediction combines insights from ChatGPT, DeepSeek Chat, and Google Gemini, all suggesting a p...

Market News
Bullish
4 hours ago
Zcash price rebounds above $800 amid strong rally but risks correction due to overbought signals.

Zcash price rebounds above $800 amid strong rally but risks correction due to overbought signals.

Zcash (ZEC) price recovered from a midweek dip near $760 to trade above $800, following a rapid rally from under $500 to nearly $880 in mid-August. Despite the rebound, technical indicators like a high RSI and negative money flow suggest overbought c...

Technical Signals
Bullish
4 hours ago
Webull stock seen as fairly priced with limited upside despite analyst buy consensus.

Webull stock seen as fairly priced with limited upside despite analyst buy consensus.

Wall Street analysts unanimously recommend buying Webull, with a consensus target price of $14.33. However, 24/7 Wall St. offers a more cautious view, setting a price target of $9.52, implying almost no upside and a hold rating. Webull's recent stron...

Analyst Insights
Neutral
4 hours ago
NVIDIA posts strong earnings, boosting AI and data center growth; NVII ETF offers high income with leveraged options.

NVIDIA posts strong earnings, boosting AI and data center growth; NVII ETF offers high income with leveraged options.

NVIDIA reported robust earnings driven by strong demand for AI and growth in its data center business, leading to an 8% rise in shares. The REX NVDA Growth & Income ETF uses leveraged options on NVIDIA stock to provide a high weekly distribution yiel...

Analyst Insights
Bullish
4 hours ago
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