Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building large-scale power infrastructure in low-cost energy markets, and they now find themselves โsitting on exactly what the AI industry needs most urgently and cannot easily replicate.โ It said that Bitcoin mining is a โstructurally rigid…
Day: March 13, 2026
Bitcoiner Group to Fight Bitcoinโs Treatment as โToxic Assetโ
The Bitcoin Policy Institute (BPI) says it will push the US Federal Reserve to change how Bitcoin is treated, as the central bank is set to issue rules on how banks should implement international guidelines for asset risk weighting. โBPI will be reviewing this proposal closely and submitting a public comment to ensure that US regulators get Bitcoinโs treatment right,โ Bitcoin Policy Institute managing director Conner Brown said in an X post on Wednesday.ย It comes just a day after the Fed announced it will issue a proposal for public…
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Solana (SOL) Upside Awakens โ Will Bulls Finally Hit $100?
Solana started a fresh increase above the $88 zone. SOL price is now consolidating near $90 and might aim for more gains above the $92 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $88 and the 100-hourly simple moving average. There was a break above a key contracting triangle with resistance at $87 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the…
Weiss Crypto Flags 3 Key Risks For Hyperliquid And HYPE
Weiss Crypto is making a two-sided case on Hyperliquidโs HYPE token: bullish on the protocolโs fee-driven tokenomics, but clear that investors should not mistake momentum for the absence of risk. In a series of posts over the past days, the research outlet argued that HYPEโs buyback-and-burn structure remains a core strength even as token unlocks, competition and regulation stay firmly on the table. Hyperliquid Faces 3 Key Risks And The Bullish Case The cautionary note was direct. โBut there are some HYPE risks investors should take into consideration,โ Weiss Crypto…
Democrats Promise to Oversee Reported DOJ Probe Into Binance
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance. Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego said in a joint statement on Thursday that they โwill conduct oversight to ensure the Department of Justice conducts a serious investigation into Binance and holds the company accountable for any wrongdoing.โ The Wall Street Journal reported on Wednesday, citing people familiar with the matter, that the Justice Department was investigating Iranโs possible use of Binance to…
XRP Price Turns Stronger โ Breakout Momentum Building Fast
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
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DeFi User Loses $50M in Crypto Swap Gone Wrong
A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million. A recently funded wallet from Binance containing $50.4 million USDt (USDT) executed a swap via decentralized exchange aggregator CoW Protocol and the SushiSwap DEX on Thursday, aiming to convert the full amount into the Aave (AAVE) token. However, the wallet only received 327 AAVE tokens valued at approximately $36,000, according to Etherscan. The result was an almost…
Ethereum Price Pushes Higher as Bulls Fuel Market Optimism
Ethereum price started a recovery wave above the $2,050 zone. ETH is now showing positive signs and might aim for more gains above $2,150. Ethereum started a recovery wave above the $2,050 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break above a declining channel with resistance at $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Clears Resistance Ethereum price extended its recovery…