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SoftBank, OpenAI, and Oracle launch $500B Stargate AI data center expansion in Ohio and four other US sites

Market News
29 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

SoftBank, OpenAI, and Oracle are collaborating to convert a former auto plant in Lordstown, Ohio, into an advanced data center as part of the Stargate AI initiative. This project is among five new US sites added in September 2026, aiming for nearly 7 GW of energy capacity and a total investment of around $500 billion. The initiative targets building infrastructure to support AI growth, with operations at the Ohio site expected in 2026. The expansion also impacts crypto markets, as AI energy demand could create new revenue opportunities for Bitcoin miners with existing energy and facility advantages.

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RWA markets attract 137,000 wallets on Hyperliquid, driving strong user focus and price gains for HYPE token.

RWA markets attract 137,000 wallets on Hyperliquid, driving strong user focus and price gains for HYPE token.

In the first half of 2026, Real World Asset (RWA) activities brought 169,000 new wallets to Hyperliquid, with about 137,000 of these wallets remaining focused on RWA markets rather than shifting to cryptocurrencies like Bitcoin or Ethereum. This show...

Market News
Bullish
4 hours ago
Binance's CZ transfers $965K in tokens to Giggle Academy, retiring a public wallet cluttered with meme coins.

Binance's CZ transfers $965K in tokens to Giggle Academy, retiring a public wallet cluttered with meme coins.

Changpeng Zhao, founder of Binance, moved about $965,000 worth of BNB and BinanceLife tokens from a public wallet to his education project, Giggle Academy, on August 16. The wallet had become cluttered with unsolicited meme coins, causing confusion a...

Protocol Fundamentals
Neutral
4 hours ago
XRP traders bet on rebound as price nears $1 despite bearish sentiment and rising futures interest.

XRP traders bet on rebound as price nears $1 despite bearish sentiment and rising futures interest.

XRP is trading around $1 while futures open interest and trading volumes increase, with traders on Binance and OKX holding heavily leveraged long positions. Despite this bullish positioning, social media sentiment toward XRP has turned the most negat...

Market News
Neutral
4 hours ago
Aether Catalyst Solutions appoints Benjamin Catalano to board, boosting governance expertise.

Aether Catalyst Solutions appoints Benjamin Catalano to board, boosting governance expertise.

Aether Catalyst Solutions, a company focused on reducing costs and improving automotive catalytic converter catalysts, announced the appointment of Benjamin Catalano to its board of directors. Catalano brings over 30 years of experience in corporate ...

Company Fundamentals
Bullish
4 hours ago
JPMorgan now accepts Bitcoin and Ethereum as collateral for USD loans, signaling crypto's deeper Wall Street integration.

JPMorgan now accepts Bitcoin and Ethereum as collateral for USD loans, signaling crypto's deeper Wall Street integration.

In March 2026, JPMorgan Chase launched a program allowing institutional clients to pledge Bitcoin and Ethereum as collateral for U.S. dollar loans via its Kinexys platform, with custodians like Fidelity and Coinbase holding the assets. This marks a m...

Market News
Bullish
4 hours ago
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