Key Highlights: Publicly traded Bitcoin mining companies secured over $70 billion in AI and high-performance computing (HPC) deals by the end of March, according to CoinShares data. A survey by Luxor across more than half of its roughly 2-gigawatt software footprint revealed that despite sufficient power and fiber, extensive data center rebuilds are required to ...
Key Highlights Hotter-than-expected September US Consumer Price Index (CPI) figures are dampening expectations for Federal Reserve monetary easing. Market pricing reflects a 90.6% probability that interest rates will stay unchanged in October, alongside a 68.8% chance of an interest rate hike in December. CoinShares notes that while spot demand supports Bitcoin, macroeconomic headwinds such as ...
Key Highlights Publicly traded bitcoin miners have secured more than $70 billion in artificial intelligence (AI) and high-performance computing (HPC) contracts while offloading over 15,000 BTC to finance facility construction. High infrastructure expenses create significant capital strain, with AI-ready data centers costing between $8 million and $15 million per megawatt, compared to $700,000 to $1 ...
Key Highlights Bitwise Research Director Ryan Rasmussen forecasts that Bitcoin could surpass $100,000 by year-end, bolstered by institutional ETF flows and declining regulatory friction. LO:TECH presents a more conservative outlook, projecting Bitcoin to range between $85,000 and $95,000 due to inflation pressures and hawkish Federal Reserve expectations. CoinShares data reveals crypto investment products have drawn ...
Key Highlights: IREN’s AI cloud services revenue surged to $128.8 million in fiscal year 2026, though the firm posted a net loss of $702.6 million driven by $638.8 million in non-cash impairments from decommissioning mining rigs. Bitcoin miners face steep production deficits, with Q2 2026 Bitcoin prices ($58,400) trailing cash mining costs ($75,500), accelerating operational ...
Key Highlights: CoinShares Head of Research James Butterfill highlighted that rising bond yields could bolster Bitcoin if driven by US fiscal debt worries rather than growth expectations. Under standard market conditions, higher yields make traditional low-risk assets more attractive, potentially suppressing demand for Bitcoin. Crypto investment products recorded approximately $11.1 billion in net inflows since ...
Bitcoin’s near-term upside faces fresh headwinds after hotter-than-expected core inflation data, but a potential failure of the U.S. Treasury’s bond buyback program could strengthen the longer-term bullish case, according to a new report from European asset manager CoinShares. Sticky Inflation Raises Odds of Tighter Fed Policy In a Friday note, CoinShares Head of Research James ...
Crypto market sentiment has shifted sharply in just a few days. After spending months between âFearâ and âExtreme Fear,â the market has now moved into…