by Michael
Key TakeawaysHIVE’s BUZZ HPC signed a 5-year, $350M AI cloud deal using 2,016 Nvidia Blackwell Ultra GPUs.HIVE says the deal lifts BUZZ HPC annualized revenue to $180M, accelerating the shift toward AI.HIVE targets $200M GPU cloud revenue by year-end, with 400MW able... 
by Michael
Key TakeawaysBitcoin spiked past $64,000, triggering $220 million in market liquidations amid heavy short squeezes.Strategy distributed common stock sale proceeds toward $4.8B cash reserves and preferred stock actions.MSTR equity holders face value dilution from STRC... 
by Michael
Key TakeawaysDeribit has secured a VARA Broker-Dealer Licence, its second Dubai approval in under 24 months.The license routes Deribit’s spot orders into Coinbase Exchange, unlocking hundreds of assets.Coinbase closed its $2.9 billion Deribit acquisition in August... 
by Michael
Key TakeawaysStrategy gained about 5% as bitcoin held above $63,000 during Monday’s Wall Street decline.MARA and Circle rose about 4% as crypto equities separated from weaker U.S. indexes.Investors await Oman and Iran responses as Aug. 17 tensions keep markets focused... 
by Michael
Key TakeawaysZEC jumped over 4.3% to $518 after ZODL founder Josh Swihart announced key protocol upgrades.Zcash pushed its market capitalization to $8.65B, broadening its gap over Monero by nearly $1B.Compliance experts warn ZEC faces potential government bans as... 
by Michael
Key TakeawaysStrive bought 79 BTC from Aug. 10-14, lifting holdings to 20,246 bitcoin.Strive’s bitcoin treasury was valued near $1.273 billion at recent BTC prices.Investors will watch Strive’s future issuances, cash and BTC-per-share growth. The Dallas-based public... 
by Michael
Key TakeawaysThe Treasury proposed GENIUS Act rules requiring payment stablecoins to hold US licenses to operate.The 87-question consultation seeks public input to gauge the rules’ economic impact and compliance.Secretary Bessent says swift rules offer regulatory... 
by Michael
Key takeaways Bitcoin trades around $63,500 after recording a modest decline last week. US spot Bitcoin ETFs suffered $389.71 million in net outflows during the week. BTC has consolidated between $62,300 and $66,500 since mid-July as trading volume and implied... 
by Michael
Key TakeawaysStrategy made no bitcoin purchases or sales from Aug. 10-16.MSTR stock sales generated $333.7 million in net proceeds.The company repurchased 1.39 million STRC shares for $132.2 million. Strategy Leaves Bitcoin Holdings Unchanged Strategy Inc. (Nasdaq:... 
by Michael
Key takeaways Pi Network edges higher on Monday as buyers defend the $0.0839 support level following two consecutive daily declines. The Pi Core Team released Node version 0.6.2 after successfully testing distributed computing capabilities across the network. A break... 
by Michael
Key TakeawaysUS debt obligations have hit $39.95 trillion, just $50 billion away from the $40 trillion threshold.Treasury data show $6.5 billion in daily borrowing, putting the debt total at $50 trillion by July 2029.Senator Cynthia Lummis has maintained her BITCOIN... 
by Michael
Key TakeawaysMichael Egorov called Pump.fun “a casino of scams,” criticizing its memecoin culture on Solana.Egorov said Phantom’s hardware-wallet setup trails Metamask’s despite Solana’s ecosystem support.Claw Pump co-founder Tomi204 pushed back, defending Pump.fun... Translate »
