Summit Midstream Corporation announced new long-term agreements adding 250 MMcf/d to its Double E Pipeline in the Permian Basin, extending open season to June 30, 2026, due to high demand. The company plans a final investment decision on a 50% capacity expansion by summer 2026, aiming for a 2028 operational date. Additionally, Summit secured a new crude oil gathering agreement in North Dakota's Williston Basin, expanding its acreage footprint and supporting growth in the region. These developments position Summit to capitalize on increasing production activity and expand its midstream infrastructure.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
