Crypto News

Bitcoin miners, Ethereum whales, and Wall Street titans all found themselves unexpectedly on the same side of the story today: crypto is slowly but surely turning into core financial and computing infrastructure, even as regulators, geopolitics, and security risks fight to keep it in check. Let’s start with the unlikely new darlings of the AI era: Bitcoin miners. VanEck says miners are still “undervalued,” not just as BTC producers but as owners of some of the world’s most energy-hungry, power‑dense infrastructure. The same setups that secure the Bitcoin (BTC) network are exactly what AI companies need: cheap power, racks of hardware, and access to scarce energy. As the AI boom sends data center demand through the roof, VanEck thinks miners could morph from pure crypto plays into critical AI infrastructure partners, opening a fresh growth chapter that has little to do with halvings and everything to do with GPUs and grid access. While Bitcoin flirts with a macro‑driven identity...

Crypto markets head into the night bruised but not broken, with a sharp selloff, fresh regulatory battles, and a few surprising bright spots shaping the day’s narrative. The headline story is the reset across majors. Bitcoin (BTC) briefly crashed below 65K, touching the low 63K range as risk-off panic hit crypto stocks and broader markets. Leveraged positions were flushed out, ETFs saw outflows, and fear spiked as traders started to question Bitcoin’s short-term role as an inflation hedge under mounting macro pressure. Ethereum (ETH) fared even worse. The asset broke through key support, sliding toward 2,100 and briefly losing the 2,000 level, wiping around 27 percent from its value and contributing to a roughly 100 billion dollar drawdown across the market. That pain rippled through institutions and big treasuries. BitMine, which holds 4.2 million ETH, is now sitting on 7–8 billion dollars in unrealized losses as ETH fell below 2,000, dragging its own share price down about 8 ...