Bernstein Says Bitcoin Mining Deals are Necessary for AI Power Crunch

Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of artificial intelligence (AI) data centers. The investment manager’s Bitcoin mining industry deal tracker registered a new AI-related deal every week in July, with combined deals standing at … Read more

Bitcoin’s Price May Have Bottomed, Says Grayscale’s Pandl

Crypto-focused asset manager Grayscale said that Bitcoin’s price may have bottomed earlier than the traditional four-year cycle, which would imply a cycle low in September or October.  Grayscale’s head of research, Zach Pandl, argued that Bitcoin (BTC) has “grown up” as an asset and is increasingly driven by macroeconomic factors.  “If the Fed forgoes rate … Read more

Family Of Missing Calgary Boy With Autism Speaks Out

This story continues to break our hearts. As the desperate search for 11-year-old Calgary boy Parker Wells stretches on, his family is speaking out with an emotional message that has so many Canadians and observers worldwide hoping and praying for a miracle. As you’ll recall, the young boy — who is autistic, non-verbal, and neurodivergent … Read more

BancaStato Launches Bitcoin Trading With Sygnum

Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq. BancaStato, the cantonal bank serving Switzerland’s Italian-speaking Ticino region, joined Sygnum’s business-to-business (B2B) banking platform to offer crypto asset services, according to a Thursday announcement shared with Cointelegraph. The integration allows BancaStato customers to buy, sell and … Read more