IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.
Donald Trump’s trade war has pushed investor anxiety about the world economy to its worst in recent memory, the boss of BlackRock has said.
Goldman believes the tax-like impact on real disposable income and consumer spending from Trump's tariff policies will hurt U.S. growth prospects.
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There’s no avoiding the shockwaves from tariffs news this week — not even if you’re an investor in alt currencies that were supposed to be insulated from this sort of thing. Plus, meme coin creators are trying to earn a buck off that weird Studio Ghibli-style AI art trend. And what’s the deal with Ether, the Bitcoin rival that has shed about 43% of its value so far this year?
Michael Saylor's Strategy now holds 528,185 Bitcoin worth around $35.63 billion. The company is the world's largest corporate holder of Bitcoin.
On March 28, 2025, California Assembly Bill 1052, originally introduced as the Money Transmission Act, underwent significant amendments focusing on Bitcoin and crypto investor protections.
Investors are anxious about a possible "Mar-a-Lago Accord" aimed at devaluing the dollar, which could upend financial markets and have other gnarly consequences.
MARA Holdings Inc. (MARA), a prominent Bitcoin mining company, has announced plans to offer up to $2 billion in stock to finance additional Bitcoin purchases.
Japan's Financial Services Agency (FSA) is set to propose a significant reclassification of cryptocurrency assets by 2026, according to a report by Nikkei.