Bitcoin miner TeraWulf has acquired a large data center development site in the US state of Kentucky, adding significant capacity to its artificial intelligence and high-performance computing (HPC) business as miners continue diversifying beyond Bitcoin. TeraWulf said Tuesday the site could eventually support more than 1 gigawatt of AI and HPC capacity. The company expects …
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Spain’s gambling regulator blocked local users from Polymarket and Kalshi “as a precautionary measure” as authorities there address allegations the prediction markets platforms were in violation of gambling laws. On Tuesday, Spain’s Directorate General for the Regulation of Gambling (DGOJ) said the country’s Ministry of Social Rights, Consumption, and Agenda 2030 had opened legal proceedings …
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Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes …
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Near Protocol’s native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Hayes said NEAR Intents could make privacy coins like Zcash more usable across blockchains without bridges or multiple wallets. NEAR has surged more than 90% since Hayes publicly highlighted …
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Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months. Key takeaways: Bitcoin’s cup-and-handle pattern puts BTC’s minimum target at $220,000, but $74,000 must hold. Bitcoin spot volume has collapsed 81% since …
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Ethereum treasury companies are under pressure to generate revenue from staking and other yield strategies as spot crypto exchange-traded funds (ETFs) weaken the appeal of public companies that simply hold Ether (ETH), according to a new Everstake report. Staking accounted for an average of 60% of reported revenue among six ETH treasury firms that separately …
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Smaller Bitcoin treasury firms added 602.6 BTC worth about $46 million last week, even as the largest corporate holders appeared to pause their acquisitions. The purchases included a 381.6 Bitcoin (BTC) acquisition by asset manager and Bitcoin treasury company Strive, 200 BTC bought by global consumer food brand DDC Enterprise Limited, 19 BTC acquired by …
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Crypto exchange Binance is partnering with fintech company BlockShoals Technologies in what the platform described as its first formal market-entry approach in the Philippines, through local partnerships and regulatory engagement. On Tuesday, Binance announced the partnership, highlighting that BlockShoals is an approved participant under the Philippine Securities and Exchange Commission’s (SEC) Strategic Sandbox, or StratBox, …
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Fundstrat’s Tom Lee, known for his consistently bullish equity predictions, thinks certain categories of stocks could face a bear market later this year. Lee says in a new CNBC interview that parts of the stock market look vulnerable due to “midterm seasonality,” petroleum shortages and a wave of upcoming initial public offerings (IPOs) that he …
The Bhutanese government is shifting a portion of its Bitcoin (BTC) holdings to a different wallet. The crypto de-anonymizing platform Arkham notes that Bhutan’s government recently moved $7 million worth of BTC to a Segregated Witness (SegWit) address. Arkham says the move could indicate a potential transfer or sale. “Bhutan will periodically move small amounts …
May 26th, 2026 – Seoul, South Korea The Scandic Finance Group (SFG) is laying the foundation for a comprehensive ecosystem of real services and digital financial technology with the SNC Scandic Coin (SNC). As a global conglomerate with more than one hundred and fifteen daily newspapers and companies in mobility, technology, security and real estate, …
Crypto investment products recorded $1.47 billion in outflows last week, extending a second straight week of withdrawals as Bitcoin funds led the decline, according to CoinShares. Crypto exchange-traded products (ETPs) extended the prior week’s $1.07 billion in withdrawals, CoinShares reported Tuesday. Bitcoin products accounted for roughly $1.3 billion of the outflows, their largest weekly withdrawal …
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Ether’s (ETH) price printed a “bear pennant” on the daily chart, a technical chart formation associated with strong downward momentum. Could a weakening technical setup and a decline in total value locked signal the continuation of ETH’s correction to $1,800? Key takeaways: Ether is forming a bear pennant on the daily chart, with a potential …
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HONG KONG, May 26, 2026 — Luffa AI, a leading innovator at the intersection of Web3 and Artificial Intelligence, today announced a strategic equity investment from Hong Kong-listed GoFintech Quantum Innovation Limited (“GoFintech Quantum”, Stock Code: 00290.HK). The transaction values Luffa AI at US$220 million. The two parties will engage in deep strategic collaboration across …
Decentralized exchange (DEX) Hyperliquid launched canonical prediction markets for offchain events, as the platform starts expanding beyond perpetual futures. Validators run automated newsfeed software that publishes the markets and votes on deployment and settlement, Hyperliquid said in a Monday Telegram post. The markets are built on Hyperliquid’s HIP-4 and use Circle’s USDC (USDC) as the …
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