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AI Boost

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Markets

Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Bitcoin mining machines

Markets

AMBTS Raises $23.2M to Build Bitcoin Treasury, Targets 1% of BTC in Circulation

The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.

Windmills in Amsterdam. Credit: Shutterstock

Finance

Eric Trump Praises China’s Role in Bitcoin, Says U.S. and Beijing Are ‘Leading the Way’

President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.

Eric Trump speaks in Hong Kong at BTC Asia (screenshot)

Finance

IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb

The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.

IREN (TradingView)

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Markets

Bitcoin May Have Topped, Warns Key Indicator, But Flows Continue to Lean Bullish

Block flows suggest that traders are still betting on a year-end rally.

Key BTC indicator is flashing a warning sign to bulls. (mariohagen/Pixabay)

Markets

Public Token Treasuries and Tokenization are Fantastic for Crypto, But Risks Remain, Binance's CZ Says

Tokenization of real-world assets (RWAs) is accelerating, bringing stablecoins, treasury bills, real estate and more into the crypto ecosystem, CZ added.

CZ speaks at BTC Asia in Hong Kong (screenshot)

Markets

Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut

The miner 80% owned by Hut 8 is finalizing a merger with Gryphon ahead of listing. Trump brothers hold the other 20% stake.

Eric and Donald Tump Jr. in New York City in August. (Spencer Platt/Getty Images)

Finance

A Bitcoin Startup Raised $50M to Allow Users to Trade With 'Bitcoin-Grade' Security

The raise brings Portal’s total funding to $92M as it pushes to make Bitcoin the anchor of tokenized and cross-chain markets.

16:0 Portal founders (Portal)

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Markets

Bitcoin Undervalued Versus Gold as Volatility Collapses, JPMorgan Says

Bitcoin volatility has plummeted from around 60% at the beginning of the year to a current record low of 30%, the report said.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Finance

Lygos Aims to Banish Ghosts of Crypto Lending Collapse With Non-Custodial Bitcoin Model

Built on Discrete Log Contracts from Atomic Finance, Lygos says its new BTC credit platform avoids the custodial risks that sank Celsius, BlockFi and Voyager.

Lygos co-founders (Lygos)