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Finance

Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B

The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Finance

Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage

Ripple Prime offers OTC spot trading for major cryptocurrencies including XRP and RLUSD.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Finance

Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal

The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.

Data center servers

Markets

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.

Racks of mining machines.

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Markets

Zcash Overtaking Monero Market Cap Points to Privacy-Coin Power Shift

Zcash's market cap rose to as high as $7.2 billion, while Monero's held around $6.3 billion.

Privacy (Shutterstock, modified by CoinDesk)

Finance

HIVE Digital's Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift

The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.

Data center servers

Markets

BTC’s 'Indecision' Problem: Here's What the Market Is Trying to Tell Us

BTC's monthly chart shows indecision at record highs.

Magnifying glass

Markets

Is November the New October? Here’s What Bitcoin Price Data Actually Shows

While some market narrative calls November bitcoin’s strongest month with a 42.5% average, a closer analysis shows a median price return is closer to 8.8%.

BTC 24-hour price and volume chart from CoinDesk Data

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Tech

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

2021 Photo of Circle CEO Jeremy Allaire

Markets

Bitcoin’s ‘Red October’: What Happened to the Widely Anticipated Uptober Crypto Rally?

A mid-October sell-off knocked majors off early highs and left bitcoin down for the month while BNB and a few altcoins finished higher.

BTC-USD One-Month Price Chart from CoinDesk Data