Tag: Socialization

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IREN AI cloud revenue: $639m impairment as Bitcoin supplies 82%

IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow...

Debasement Trade Will Benefit Bitcoin, Says Grayscale

The debasement trade is back — and will benefit bitcoin.  That’s according to asset manager Grayscale’s crypto research team, who wrote...

Meta Tests Robots to Handle Data Center Work

In brief Meta is testing robots that can swap cables, restart servers, and inspect equipment. Some workers fear the machines will reduce staffing or shift...

ENA Rises 10% after Ethena Foundation Reveals Token Buyback Proposal

The native token of the synthetic dollar protocol Ethena (ENA) registered double-digit gains after the Ethena Foundation unveiled four ecosystem changes, including a...

Bitfinex Securities Lands Record $50M Raise in Tokenized Nickel Investment Deal

Key Takeaways:Alkemya Metacore has raised a new record amount via a token sale on Bitfinex Securities of $50 million.Other ALKN tokens will stay...

Nvidia Earnings Beat Sends Stock Futures Higher as AI Demand Holds Strong

TLDR Nvidia beat earnings expectations and forecast strong revenue growth for fiscal 2028 Nvidia stock rose 6% in premarket trading on Thursday Nvidia reportedly agreed...

Ethereum outpaces Bitcoin in Q3 – Can ETH lead the next altcoin season?

The market is showing textbook signs of an altcoin cycle. From a technical perspective, Bitcoin dominance has once again failed to break through the...

Can BTC Break $65K Resistance This Week?

Bitcoin price is trading around $64,200, down just 0.22% over the past 24 hours. The muted move comes as Jane Street disclosed a...

Treasury Moves on GENIUS Act as Deadline Pressure Builds

TLDR The U.S. Treasury proposed new federal definitions for stablecoin issuers under the GENIUS Act framework. The proposal opens a 60-day public comment period...