The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto. Bitcoin mining company CleanSpark reached an agreement to buy land in Texas as part of a strategy to move deeper into AI and high-performance computing (HPC). In a Wednesday announcement, CleanSpark said it…
Financial regulators in France have reportedly flagged 90 crypto companies that remain unlicensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework ahead of an end-June deadline. France’s Autorité des Marchés Financiers (AMF) warned that about 30% of the unlicensed companies have not responded to the authority’s query on whether they plan to obtain…
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals. Old Glory Bank, a crypto-friendly lender, said it will merge with Digital Asset Acquisition Corporation to form a Texas-based company listed on Nasdaq. In a Tuesday notice, Old Glory and special purpose acquisition company Digital…
Global central bank leaders have rallied behind US Federal Reserve Chair Jerome Powell, warning that political pressure on the Fed risks undermining financial and economic stability worldwide. In a joint statement released Tuesday, governors from 11 major central banks said they “stand in full solidarity with the Federal Reserve System and its Chair Jerome H….
US President Donald Trump has pledged to make major tech companies “pick up the tab” for their power usage to prevent everyday Americans from paying more for electricity. “I never want Americans to pay higher electricity bills because of data centers,” Trump said on his social media platform Truth Social on Tuesday. He blamed the…
Bitcoin (BTC) is looking like the loser versus gold as precious metals top new all-time highs Monday. Key points: Bitcoin is not the debasement trade after years of losses against gold, analysis concludes. As precious metals hit all-time highs, BTC price action fails to rebound. Gold starts grilling the S&P 500, potentially shifting a years-old…
Recent turmoil in Venezuela and Iran has again put the spotlight on the duality of stablecoins, with the US dollar-backed assets such as Tether acting as both a savior for embattled citizens and a tool for blacklisted entities to evade sanctions. Both Venezuela and Iran have been catching headlines at the beginning of 2026 amid…
The price of Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, bottomed out in April 2025, and its price action mirrors the 2019 cycle, according to market analyst Michaël Van De Poppe. A surge in stablecoins, tokenized real-world assets (RWAs), which are traditional or physical assets represented as tokens on a blockchain,…
CryptoQuant founder Ki Young Ju has criticized X for suppressing crypto-related posts while failing to rein in a surge of automated spam, arguing that the platform is punishing legitimate users instead of addressing the underlying bot problem. In a Sunday post on X, Ju pointed to a sharp spike in automated activity tied to the…
The Bitcoin (BTC) network mining difficulty, the relative computing challenge of adding a new block to the decentralized blockchain ledger, fell slightly to 146.4 trillion on Thursday, in the first difficulty adjustment of 2026. “The next Bitcoin difficulty adjustment is estimated to take place on Jan 22, 2026, 04:08:12 AM UTC, increasing the Bitcoin mining…
