Ionic Digital, originally a bitcoin mining company from Celsius bankruptcy, raised $400 million in a private placement and filed for a Nasdaq direct listing. The company has shifted its business model from bitcoin mining to leasing digital infrastructure for AI, generating $44 million of its $51.4 million Q1 2026 revenue from AI infrastructure leasing. Ionic scaled back bitcoin mining significantly, operating fewer miners and producing less bitcoin compared to 2025. It has leased its Ward County site in Texas to Nscale for AI use, with potential contracted revenue up to $2.6 billion. Ionic plans to expand its AI infrastructure capacity and may eventually phase out bitcoin mining, positioning itself as a power and land monetization platform rather than a mining growth story.
Solana validators and delegators are voting on three key governance proposals: ratifying a network constitution, doubling the annual disinflation rate from 15% to 30%, and redesigning transaction fees to include a fixed inclusion fee and a resource f...
Solana validators are voting on major protocol changes including doubling the annual disinflation rate from 15% to 30% and updating the transaction fee model to a resource-based system. These changes aim to reshape Solana's economic structure, potent...
USDT stablecoin usage is growing rapidly in Venezuela, Argentina, Bolivia, and Turkey as citizens seek to protect their wealth amid currency depreciation and limited access to physical U.S. dollars. These countries face high inflation and economic in...
Bitcoin's price surged nearly 25% in a week, reaching close to $79k, while its Fear & Greed Index dropped over 9%, signaling a divergence between price and market sentiment. This pullback in sentiment may be a tactic by large investors to cool enthus...
Altcoins are making a comeback after a long market drought, with Cardano (ADA) and Ripple's XRP leading the recovery. XRP rose 11% in 24 hours and 51% over the past week, driven by increased whale activity and a surge in large transactions on its led...
