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Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles.
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Latest News on Business
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership.
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Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier.
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The US government redesignated Garantex on Thursday to its list of sanctioned entities, along with its successor, Grinex, but TRM Labs suggests it may be ineffective.
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Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.
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Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, in signs of a maturing industry.
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US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market.
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Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.
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Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets.
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The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion.
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The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients.
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The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.
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Charles Schwab, Fidelity and other TradFi giants are hiring senior crypto talent as clearer US rules spur a push into digital assets.
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Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
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Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.
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