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Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers. As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as a scarce, non-sovereign asset. Interest costs...
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Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets. Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the massive upfront investment required to diversify beyond...
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The governance vote redirects tokens previously reserved for user airdrops toward partnerships, incentives and Optimism’s growing institutional push. Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional adoption. OP currently has a market cap of roughly $214 million, with a...
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Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves. Key points: Read more
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A new poll showed 64% of 1,166 Americans varied sharply along partisan lines, with a majority of Republicans saying it was appropriate for Trump and his family to invest in crypto. A new poll conducted by Reuters/Ipsos found that a majority of respondents in the US believed it was not “appropriate” for US President Donald...
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USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether. Europe’s crackdown on Tether’s USDT is entering a new phase. When Revolut told European users it would delist USDT after Aug. 31, it became another in a long line of European platforms restricting...
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Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization. The deal...
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Rapid7 unveiled a new cryptocurrency phishing campaign targeting 885,000 phone numbers, aiming to steal investors’ holdings by redirecting them to fake wallet provider websites. Cybersecurity firm Rapid7 unveiled a new cryptocurrency phishing campaign known as Operation Asterix, targeting roughly 885,000 phone numbers from several countries to steal cryptocurrency investors’ assets. The phishing campaign led to 5,576...
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Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday. US spot Bitcoin exchange-traded funds (ETFs) recorded $517.2 million in net inflows on Wednesday, their largest single-day investment since May 4, pushing August net inflows to $1.47 billion....
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While Webull reported a record $198 million in second-quarter revenue, cryptocurrency trading only generated about $2.25 million of the quarter’s revenue stream. Webull said Wednesday that cryptocurrency trading accounted for $2.25 million, or a little over 1% of the platform’s record $198 million revenue for the second quarter of 2026. Revenue for the period was...
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