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News Explorer — Bitcoin Miners Pivot to AI and Chipmaking—Here's What Analysts Think

Generated by AI, curated by humans

Mar 7, 9:24 pm

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Bitcoin Miners Pivot to AI and Chipmaking—Here's What Analysts Think

Publicly traded Bitcoin miners saw a $23 billion market capitalization loss in the past month, with factors like Bitcoin price fluctuations and trade war concerns affecting the industry. Analysts are monitoring data center deals, energy costs, and efficiency improvements in mining operations to navigate the changing landscape.

Publicly traded Bitcoin miners saw a $23 billion market capitalization loss in the past month, with factors like Bitcoin price fluctuations and trade war concerns affecting the industry. Analysts are monitoring data center deals, energy costs, and efficiency improvements in mining operations to navigate the changing landscape.

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Jun 23, 10:22 pm

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Bitcoin, Solana and Dogecoin Surge as Trump Clains Iran-Israel Ceasefire

Cryptocurrency prices surged after President Donald Trump announced a ceasefire between Iran and Israel, with Bitcoin ri... Read Summary

Jun 23, 8:18 pm

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Midnight Network to Airdrop NIGHT Tokens to Solana, XRP and Avalanche Users

Midnight Network, a blockchain focusing on privacy and data protection, will distribute NIGHT tokens to users of major n... Read Summary

Jun 23, 7:55 pm

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ECD Automotive Design Secures $500 Million to Invest in Bitcoin for Its Corporate Treasury

ECD Automotive Design, Inc. has secured $500 million to acquire and store a significant amount of Bitcoin in its corpora... Read Summary

Jun 23, 6:41 pm

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Circle Stock Pumps to New All-Time High as CRCL Market Cap Tops USDC's

Circle's stock price surged to an all-time high of over $298 before dropping back down, with shares currently trading ar... Read Summary

Jun 23, 6:34 pm

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Bitcoin and Crypto Markets Resilient Amid Oil Price Drop Post-U.S. Airstrikes Against Iran

Bitcoin and the broader crypto market showed resilience as oil prices fell after U.S. airstrikes against Iran. The S&P 5... Read Summary

Jun 23, 4:48 pm

www.wired.com

Telegram's Chinese Crypto Scam Craze Is Back

Elliptic's report reveals how Telegram's ban on Chinese-language crypto scam services led to the resurgence of black mar... Read Summary

Jun 23, 5:56 pm

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Benchmark Sets Coinbase Stock Price Target in All-Time High Territory

Coinbase's stock surged over 23% after obtaining a MiCA license and the Senate passing the GENIUS Act. Analyst Mark Palm... Read Summary

Jun 23, 5:37 pm

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Trump Media Plans to Buy Bitcoin—And Buy Back Shares, Too

Trump Media and Technology Group plans to repurchase up to $400 million of its common stock, emphasizing it won't affect... Read Summary

Jun 23, 4:21 pm

Protos

XRP Ledger Activity Has Plummeted This Year: Report

Data from CryptoQuant shows a drastic 80% decrease in unique active addresses on the XRP Ledger since December, with the... Read Summary

Jun 23, 4:10 pm

DL News

Celestia Weighs Whether to Dump TIA Staking After Price Plunge

A proposal to replace Celestia's Proof of Stake with a new Proof of Governance system aims to reduce token inflation and... Read Summary

Jun 23, 4:18 pm

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World War III Solana Meme Coins Are Popping Off Right Now

Meme coins like BunkerCoin and Werld Wur Thwee surged in market cap before crashing significantly. Traders flock to toke... Read Summary

Jun 23, 4:19 pm

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Anthony Pompliano Reveals $1 Billion Bitcoin Treasury Plan

Anthony Pompliano announced a $1 billion merger to create ProCap Financial, a Bitcoin-native financial services firm joi... Read Summary

Jun 23, 3:51 pm

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Strategy's Recent Bitcoin Purchase Adds to Their Substantial Holdings, Now Totaling Around $60 Billion

Strategy, formerly MicroStrategy, recently acquired 245 Bitcoin for $24.8 million, bringing their total holdings to 592,... Read Summary

Jun 23, 1:42 pm

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Investors Pour $15.1 Billion Into Digital Asset Funds, With Bitcoin Leading at $1.1 Billion

CoinShares reported a record $15.1 billion inflow into digital assets by institutional investors, with Bitcoin leading a... Read Summary

Jun 23, 12:56 pm

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U.S. Government Opposes Release of 19-year-old Involved in $245 Million Bitcoin Heist

Veer Chatel, a 19-year-old, faces 19.5 to 24.5 years in prison for a $245 million Bitcoin heist. The U.S. government opp... Read Summary