AI Boost

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AI Boost

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Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments

AI cloud provider faces setback as major client pulls back.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

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Deribit Launches Block RFQ System to Improve Liquidity for Large Over-the-Counter Trades

The new system, tailored for high-volume traders, enables direct negotiation of block trades with improved efficiency and liquidity.

Computer screens show a security's price graph (PIX1861/Pixabay)

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Bitcoin Chart Shows Back to Back Weekly Hammer Candles, Seen Only a Handful Of Times in BTC History

A hammer candle is where the lower or upper wick is 90% of the total range.

Weekly Hammer Candle Hunter (Checkonchain)

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Crumbling Markets Have Sent Treasury Yields Plunging, Offering Hope for Crypto

Treasury Secretary Scott Bessent Tuesday morning said the Trump administration is committed to lowering interest rates.

United States Capitol Building in Washington D.C (ElevenPhotographs/Unsplash, modified by CoinDesk)

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Tom Lee Predicts Market Bottom This Week, Still Sees Bitcoin Closing the Year at $150K

Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.

Major tokens face slow bottoming process. PublicDomainPictures/Pixabay)

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Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.

ASIC miner (Credit: Shutterstock)

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Strategy Bitcoin Holdings Steady Last Week; Company Declares First Preferred Dividend

The Michael Saylor-led company holds just shy of half a million BTC tokens.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

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Core Scientific Appoints Former Investment Banker as New CFO

Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

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Crypto-Equities Surge as Bitcoin Holds Above Key Level Ahead of U.S. Market Open

Strategy and Coinbase lead the crypto-equity rally in pre-market trading, both up double digits.

Crypto stocks surged after Trump's announcement rebounded the market.(Torsten Asmus/Getty images)

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Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.

FastNews (CoinDesk)