Publicly traded Bitcoin mining companies are reducing their mining capacity more quickly than the overall Bitcoin network as many shift resources toward AI and high-performance computing. This shift reflects a preference for more stable income streams over traditional mining profits. Companies like Core Scientific and TeraWulf now earn most of their revenue from data-center and computing services rather than mining. Despite some firms like Bitdeer expanding mining capacity, the overall trend shows a 13.4% decline in public miners' hashrate over six months, outpacing the network's 10.6% drop. This marks a significant industry transition away from Bitcoin mining toward diversified tech services amid weak mining economics and rising demand for computing power.
Austrian tax law treats swapping Bitcoin for stablecoins as a tax-neutral crypto-to-crypto transaction if the stablecoin qualifies as a cryptocurrency. This means the tax on Bitcoin gains is deferred, not canceled, with acquisition costs transferring...
The S&P 500 showed remarkable earnings growth in Q2 2026, with earnings per share rising 50.8%, largely due to non-operating investment gains and AI-related capital expenditures. Despite a reasonable forward price-to-earnings ratio of 20.7, the marke...
Bitcoin developer Peter Todd proposed a permanent "tail emissions" system to provide miners with a steady stream of new bitcoins after the block subsidy ends around 2140. This idea has sparked strong backlash from the Bitcoin community, which views t...
Seth Klarman's Baupost Group sold all its shares in Vaxcyte and Willis Towers Watson during Q2 2026, exiting positions it had only recently established. The move reflects a quick change in risk appetite, especially for Vaxcyte, a clinical-stage biote...
The tokenized gold market expanded by over $362 million in the past 30 days, driven mainly by Tether Gold (XAUT), which added $237 million to its market cap. XAUT now holds about $2.48 billion in market value, backed by physical gold stored in Swiss ...
