Hyperscale Data has ended all Bitcoin mining operations at its Michigan facility as it prepares the site for an artificial intelligence data center customer. On Wednesday, the company said that all Bitcoin miners at the facility were switched off following an inspection by the unidentified California-based neocloud provider. Hyperscale said it intends to sell the … Read more
Something big just happened in the cryptocurrency world. The U.S. Securities and Exchange Commission, or SEC, has accepted a new filing for a cryptocurrency Exchange Traded Product, or ETP. This is a really big deal for investors who want to get into crypto without actually buying and holding the coins themselves. We’re talking about a … Read more
A lot of people have heard of Bitcoin but even among those who hold it, knowledge is shallow. Though for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to … Read more
Mexican billionaire Ricardo Salinas is at it again. This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin. Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his … Read more
Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.” Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to … Read more
Ondo Finance is urging US regulators to bring perpetual futures tied to individual stocks onshore, arguing that the products can already operate under the country’s existing security futures framework without new rules. In three Aug. 24 comment letters to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), Ondo argued that existing … Read more
The CEO of bitcoin treasury Strategy brushed off concerns investors may have about the company selling some of its stash, instead telling reporters that the move was to strengthen its balance sheet. Speaking to Bloomberg on Tuesday, Phong Le said that the company now has a “bullet-proof balance sheet” and it was the “right trade … Read more
Bitcoin’s roughly 50% decline from its October 2025 high has created a useful test for the institutional investment thesis. It is relatively easy to make the case for a new asset while prices are rising, correlations are favorable and capital is flowing into the market. The more revealing exercise comes after a major drawdown, when … Read more
Bitcoin is up this month but there’s one place where it’s more significantly more expensive: South Korea. The so-called Kimchi Premium — when bitcoin costs more on Korean exchanges — is back as retail investors pile back into the coin. Bloomberg first reported the news and CoinGecko data shows that bitcoin’s price is nearly 1% … Read more
Binance is expanding further into traditional finance by launching options trading on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States. The options will be offered through Binance’s Abu Dhabi-regulated broker-dealer, Nest Trading, with orders routed to US-registered Alpaca Securities for execution, clearing, settlement and custody. The launch builds … Read more