Bitcoin mining stocks rebound after Trump’s tariff threat sparked market turmoil
Shares of Bitcoin mining companies rose sharply on Monday, recovering from losses sustained during Friday’s flash crash that analysts attributed to US President Donald Trump’s apparent misunderstanding of new Chinese export controls. Bitfarms (BITF) and Cipher Mining (CIFR) led the rally, each posting double-digit gains. Hut 8 Mining (HUT), IREN (IREN) and MARA Holdings (MARA)
Bitdeer doubles down on Bitcoin self-mining as rig demand cools
Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs, highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market. According to a Thursday Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) with
Nasdaq-listed Predictive Oncology launches $344M DePIN treasury focused on Aethir
Predictive Oncology (POAI), a biotechnology company specializing in AI-driven cancer research, has announced a $344.4 million digital asset treasury centered on Aethir’s ATH token, marking the first time a Nasdaq-listed company will hold and actively manage tokens from a Decentralized Physical Infrastructure Network (DePIN). The capital strategy was developed with guidance from DNA Fund, a
Fed's Powell and Bowman stress job market fragility as more rate cuts loom
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s delicate balancing act, stressing that policymakers are trying to navigate between their price stability and employment mandates following last week’s interest rate cut. “Recent data show that the pace of economic growth has moderated,” Powell said in prepared remarks at the Greater Providence Chamber
CFTC adds crypto leaders to digital asset group, JPMorgan exec tapped for co-chair
The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and subcommittees, adding several crypto industry leaders to the Digital Asset Markets Subcommittee (DAMS) — a move that underscores the regulator’s continued engagement with the sector. CFTC Acting Chair Caroline D. Pham named four new DAMS members: Katherine
Bullish paves way for US launch with New York BitLicense
Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York. Bullish, a digital asset platform and infrastructure provider that debuted on the New York Stock Exchange last month, has secured regulatory approval to expand its operations in the United States, a key milestone as exchanges seek
BlackRock weighs ETF tokenization as JPMorgan flags industry shift: Report
BlackRock, the world’s largest asset manager, is reportedly exploring ways to tokenize exchange-traded funds (ETFs) on the blockchain, following the strong performance of its spot Bitcoin ETFs. Citing sources familiar with the discussions, Bloomberg reported Thursday that the company is considering tokenizing funds with exposure to real-world assets (RWA). Any such move, however, would need