In 2026, publicly traded Bitcoin miners have sold about 28,000 BTC, worth around $1.78 billion, as production costs exceed Bitcoin's market price. Their holdings dropped from 127,000 BTC to 99,000 BTC, a 22% decline. High costs averaging $74,300 per BTC and a 27% price drop have forced about 20% of miners to operate at a loss. Many miners are selling BTC to fund a shift toward AI and high-performance computing data centers, leveraging their existing infrastructure for more stable profits.
Plume and Shinhan Asset Management signed an MOU to test a KRW-denominated tokenized fund backed by Shinhan's won ultra-short-term bond fund. The proof of concept will simulate issuance offshore without actual token issuance or distribution, excludin...
The U.S. Consumer Product Safety Commission has recalled about 213,500 Goody King Magnetic Building Cubes and Blocks due to a serious ingestion hazard. The toys can break, releasing small powerful magnets that children might swallow, which can cause ...
JPMorgan Chase increased its stake in Blackrock's spot Bitcoin ETF to $355.7 million in Q2 2026, more than doubling from Q1. The bank also re-entered XRP investments through Bitwise and Grayscale funds after previously exiting, while its Ethereum hol...
Chainlink (LINK) has gained nearly 8% over the past week, testing the $8.80 level within a broader consolidation channel. Key bullish indicators include an MVRV ratio golden cross with the 200-day average, increased whale transactions above $1 millio...
Touchstone Exploration's shares rose nearly 19% after reporting a sharp rebound in Q2 earnings, with net income swinging to $2.34 million from a $2.38 million loss in Q1. Funds flow from operations increased to $7.13 million, driven by a 39% rise in ...
