Bitcoin trades at $63,629, up 1.64% over the past 24 hours, as the asset holds a recovery range carved out after a sharp selloff from roughly $81,600 down to a low near $59,100. Daily Chart The bounce off $59,000 produced a string of higher lows on the daily chart, and the price now consolidates between […]
As Bitcoin miners are increasingly monetizing their power allocations and cooling infrastructure for artificial intelligence, Gomining founder Kirill Solovev argues that pure-play infrastructure remains severely undervalued. The AI Pivot and Network Resilience The migration of public Bitcoin miners toward high-performance computing (HPC) and artificial intelligence (AI) infrastructure has shifted from a minor diversification tactic to […]
JPMorgan analysts say bitcoin has traded below its estimated production cost for five straight months, pushing about 20% of miners into unprofitable territory. Public miners have responded by selling more than 32,000 BTC in the first quarter to fund operations. Bitcoin Miners Sold 32,000 BTC in Q1 as JPMorgan Flags Growing Profit Pressure Bitcoin miners […]
WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA). The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a […]
Pseudonymous trader Pentoshi has branded ether a cursed asset stuck in a lost decade, arguing the token sits near the same level it traded nine years ago and, adjusted for inflation, about 14% below its 2017 high. A Brutal Verdict The trader argued that ether is currently going for the same price it commanded nine […]
El Salvador has bought more bitcoin for its Strategic Bitcoin Reserve, extending a daily buying habit that has lifted the national stack above 7,600 BTC worth more than $510 million. Buying the Dip, Every Day El Salvador has once again added to its Strategic Bitcoin Reserve, summing up its strategy in four words, i.e. “Buying […]
Two artificial intelligence (AI) agents incorporated as legal entities negotiated, signed, and executed a binding contract that a court can read and a blockchain can run. [/key_takeaways] Key Takeaways: Clawbank and Shodai executed the first AI-to-AI Ricardian contract, binding legal prose to Ethereum code. Shodai’s smart contract paid out automatically when 1 milestone condition was […]