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.
Ripple has signed a multi-year sponsorship with University of Florida Athletics, starting the 2026 football season, featuring XRP branding at Ben Hill Griffin Stadium, known as "The Swamp." The deal, estimated at up to $5 million annually, includes f...
DASH surged 17.5% to $56.85, its highest since May, driven by a rally in privacy coins and Grayscale's spot Zcash ETF surpassing $400M in assets. The token gained about 85% from mid-August lows near $30, supported by bullish technical signals like a ...
Pineapple Financial, a mortgage lender listed on NYSE American, has tokenized over $1 billion in residential mortgage data on the Injective blockchain, marking a major step in blending traditional finance with blockchain technology. The project start...
Polymarket plans a $1 billion funding round valuing the prediction market platform at $21 billion, led by Donald Trump Jr.'s 1789 Capital. Cronos reversed its blockchain after a $75 million exploit in the Tectonic lending protocol, restoring the netw...
Investment-grade credit default swap (CDS) prices fell below 50 basis points, nearing lows not seen since February 2020, indicating improved credit market confidence. Meanwhile, the VIX volatility index dropped below 14 for the first time since Decem...
