Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More than 4 gigawatts of artificial intelligence and high-performance computing capacity are under contract across publicly […]
Key Takeaways The Federal Reserve raised rates 25 basis points after 1,148 days without a hike.The FOMC voted 12-0 as inflation remained above the Federal Reserve’s 2% goal.The Federal Reserve’s next move now hinges on […]
Key takeaways ETH traded near 0.03167 BTC as its performance against Bitcoin weakened. A potential double top has formed with two peaks around 0.03344 BTC. A close below the 0.03078 BTC neckline could trigger a […]
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TLDR Ethereum exchange supply has fallen 73% from its June 2020 peak, dropping to 6.06 million ETH. More ETH is moving into staking, ETFs, corporate treasuries, and long-term custody. BitMine now holds 5.96 million ETH, […]
USDC issuer Circle has launched the mainnet of Arc, a layer-1 (L1) blockchain targeting stablecoin payments and financial markets, particularly agentic transactions. Arc uses USDC as its native gas asset and offers Ethereum Virtual Machine […]
Bitcoin fell to an intraday low below $75,000 on Sept. 15, extending a selloff already underway ahead of the Senate vote on the CLARITY Act. The Senate failed 49-50 to invoke cloture on a motion […]
Key Takeaways Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners […]
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