Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus.
Analysts see no direct link between Nvidia and bitcoin's decline, pointing instead to investor capital headed into Anthropic as well as a broader risk-off move.
While earnings and the company’s newly introduced financial performance measure remained below year-earlier levels, there are signs of improvement from the second quarter.
Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion.
The crypto market selloff gathered pace early Friday. Bitcoin dropped below $70,000 and ether traded below $2,000, triggering large liquidations in futures market.
U.S. President Donald Trump has named two potential commissioners each to the Securities and Exchange Commission and Commodity Futures Trading Commission.
Trump Jr. joined Kalshi as a strategic adviser in January 2025, helping the prediction market expand its customer base and strengthen its market presence.
The legal battle to head off the crypto transaction tax in Illinois has drawn up a hefty roster of industry opposition, and they're saying the tax won't work.
The securities infrastructure giant plans to bring tokenized stocks, ETFs and U.S. Treasuries to Solana as it expands next year's roadmap beyond Stellar and Arc.