In 2026, public Bitcoin mining companies shifted focus from mining Bitcoin to becoming AI data centers, securing over $70 billion in AI contracts. This pivot led mining stocks to rise more than 50%, even as Bitcoin's price fell about 17%. Miners are selling Bitcoin reserves and taking on heavy debt to fund AI infrastructure, signaling a permanent industry transformation. This shift impacts Bitcoin's network security and selling pressure, as miners prioritize stable AI revenue over volatile mining income.
Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to ...
USDT has overtaken Ethereum in market capitalization, highlighting a shift in the crypto market from speculative assets to stablecoins that provide dollar liquidity. The stablecoin market has grown 30 times since 2020, now exceeding $300 billion, dri...
The SPDR Gold Trust (GLD) charges 0.40% annually, significantly higher than the SPDR Gold MiniShares Trust (GLDM) at 0.10%, despite both holding the same physical gold in the same vault and tracking the same benchmark. Over a 30-year period, this fee...
The GraniteShares 2x Long COIN Daily ETF (CONL) lost 14% on June 5, 2026, reflecting a 7% drop in Coinbase stock and a broader crypto selloff triggered by macroeconomic factors like a strong payroll report and rising Treasury yields. Over the past mo...
Bitcoin is testing a crucial support level at $60,000, with a break below potentially pushing the price down to $55,000, a historically significant support aligned with its realized price. Despite recent selling pressure and macroeconomic challenges,...
