Tag: bitcoin

Tag: bitcoin

Bitcoin, Ethereum Fall as PPI Shock Squashes Hopes for Jumbo Rate Cut
U.S. Treasury Scott Bessent advocated for a 50-basis-point rate cut earlier this week....

Citigroup eyes custody services for stablecoins and crypto ETFs amid US policy shift
Citigroup eyes custody for stablecoins, crypto ETFs, and instant payments as new U.S. rules open doors for banks in digital assets. The post Citigroup eyes custody services for stablecoins and crypto ...

Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto
Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders....

TeraWulf secures $3.7B AI hosting deal backed by Google, shares soar
The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google....

Jack Dorsey’s Block targets 10-year lifecycle for Bitcoin mining rigs
Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry....

Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software
Block's innovations could significantly lower costs and extend hardware lifespan, potentially democratizing and decentralizing Bitcoin mining. The post Jack Dorsey’s Block unveils Bitcoin mining sys...

Radiant Capital Hacker Prints 93% Profit on Stolen Ethereum: Details
Instead of just spending funds gotten from its illicit activities, the Radiant Capital hacker invested and got returns from the stolen Ethereum ETH $4 640 ...

US Will Not Be Purchasing Any Bitcoin, Treasury Secretary Bessent Says
The White House has repeatedly floated the idea that the federal government could—and should—purchase additional Bitcoin to supplement existing reserves....

Google secures option for 8% stake in Bitcoin miner TeraWulf via $1.8B backstop deal
Google's investment in TeraWulf could accelerate AI infrastructure development, highlighting tech giants' growing influence in energy sectors. The post Google secures option for 8% stake in Bitcoin mi...

Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys
Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve....

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