Bitcoin, Ether Rally Higher As US Monetary Plan Excites Bulls
Bitcoin and Ether rallied as expansionist US monetary policy and a cool-down in the Iran war tensions buoyed investor confidence.
Bitcoin and Ether rallied as expansionist US monetary policy and a cool-down in the Iran war tensions buoyed investor confidence.
The American Bitcoin mining company has energized 11,298 Bitcoin mining machines at one of its facilities amid the bear market and declining asset prices.
US Navy Admiral Samuel Paparo said Bitcoin is a tool for “power projection,” arguing that the US can use it as a tool to strengthen cybersecurity.
Core Scientific is raising $3.3 billion through secured notes to refinance debt and expand data center operations, reflecting a broader shift among crypto miners toward AI infrastructure.
Tether disclosed an 8.2% stake in Antalpha through a 13D filing, backing a Bitcoin mining finance company as it expands investments across crypto infrastructure.
Alcoa is in advanced talks to sell its long-idle New York smelter to NYDIG, highlighting a growing US trend of converting legacy industrial sites into crypto and AI infrastructure.
The Bitcoin mining difficulty fell on Saturday, but is projected to rise again in the next adjustment period, which will occur on May 1, 2026.
HIVE Digital plans a $75M notes offering to expand GPU capacity and data centers, as Bitcoin miners shift toward AI and high-performance computing.
Bitcoin mining companies are offloading BTC as costs rise, asset prices decline and the industry grapples with several economic headwinds.
Bitcoin mining is much more centralized than how it began, while AI may decentralize via edge computing, per Galaxy Research and Grand View Research data.
Bitcoin’s fifth halving is two years out, as miners sell coins, cut costs and build AI and power infrastructure to survive record hashrate and tighter regulation.
AI developer Anthropic entered into an agreement with AI cloud infrastructure provider CoreWeave to use CoreWeave's computing power over several years.
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