Category: Other Crypto News

TeraWulf Buys entucky Site for 1 GW AI Data Center Expansion

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Bitcoin miner TeraWulf has acquired a large data center development site in the US state of Kentucky, adding significant capacity to its artificial intelligence and high-performance computing (HPC) business as miners continue diversifying beyond Bitcoin. TeraWulf said Tuesday the site could eventually support more than 1 gigawatt of AI and HPC capacity. The company expects the first 500 megawatts to come online in 2028, with another 500 megawatts targeted by 2030. The site includes planned grid infrastructure and long-term power agreements, underscoring TeraWulf’s ongoing shift toward AI and HPC hosting…

Pundit Points Out Major Mistake Being Made With The XRP Pricing

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A crypto analyst has identified a mistake in XRP’s current pricing, highlighting how its low price does not reflect its true value. According to the expert, XRP at $2 suggests the market still views the third-largest cryptocurrency as a speculative asset without real growth drivers. He noted that once XRP starts being used to move value globally, its price would appreciate to reflect its real valuation, potentially pushing the cryptocurrency into the four- to five-digit range.  Analyst Calls XRP at Single-Digit Valuations A Mistake According to BarriC, a crypto market…

Spanish Authorities Order Polymarket and Kalshi Blocked over Gambling Laws

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Spain’s gambling regulator blocked local users from Polymarket and Kalshi “as a precautionary measure” as authorities there address allegations the prediction markets platforms were in violation of gambling laws.  On Tuesday, Spain’s Directorate General for the Regulation of Gambling (DGOJ) said the country’s Ministry of Social Rights, Consumption, and Agenda 2030 had opened legal proceedings against the two companies, as they appeared to be operating without necessary licensing. The DGOJ issued an order blocking Spanish users from Kalshi and Polymarket until the proceedings were resolved, expected in three to four…

Bitcoin Spikes to $78,000 in Short Squeeze While US Stocks Hit New Highs

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Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes longs and shorts in volatile moves Data from TradingView showed BTC/USD hitting $78,000 — its highest since Thursday — before abruptly heading lower. BTC/USD one-hour chart. Source: Cointelegraph/TradingView In doing so, the pair liquidated both short…

NEAR Token Price Has ‘Potential to Grow 20x,’ Says Arthur Hayes

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Near Protocol’s native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Hayes said NEAR Intents could make privacy coins like Zcash more usable across blockchains without bridges or multiple wallets. NEAR has surged more than 90% since Hayes publicly highlighted the token alongside ZEC and HYPE in May. NEAR makes privacy coins like ZEC usable: Hayes Speaking on The Rollup podcast, Hayes said NEAR’s bullish case rests on NEAR Intents, a feature that lets AI…

Dogecoin Rejection From Channel Top Sparks Fears Of A Deeper Correction

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AI Guardrail Removals Expose Gaps in Open‑Source Regulation

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Safety protections on open-source artificial intelligence models from major technology groups can be removed in minutes using publicly available tools, allowing systems to produce responses on topics including bioweapons, malware and other prohibited content, according to Financial Times testing with AI safety group Alice. The findings released Monday add to concerns that safeguards embedded by developers may not persist once model weights are released and modified, raising questions over where responsibility for AI safety should sit. The investigation, conducted using tools available on public code repositories, found that guardrails on…

Strategy Buys Back $1.5B of Debt at Discount

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Michael Saylor’s Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at an 8% discount to par, in a move that significantly cuts future debt obligations. The purchase reduces Strategy’s outstanding debt through convertible notes from $8.2 billion to $6.7 billion for 2029, the company announced on Tuesday. The notes were repurchased using the company’s cash reserves. Strategy also reported an additional $15.5 billion in aggregate notional amount of outstanding preferred stock and a USD reserve of…

Grvt Launches Tokenized Yield Products Through Plume

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Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday’s announcement, the products will be integrated directly into Grvt’s platform and include exposure tied to tokenized institutional-grade assets, including the $2.2 billion in assets iShares AAA CLO Active ETF. The integration adds three investment products, the Base Yield Fund, Balanced Fund and Opportunistic Fund, to Grvt’s trading platform, allowing users to access tokenized yield strategies from the…

Analyst Reveals What To Expect After 13 Years Of Disappointment

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Crypto analyst Crypto Patel has outlined a roadmap for a Litecoin rally to $1,000. He noted that LTC is currently in a multi-year accumulation phase, which is why he remains bullish despite the altcoin being down over 80% from its all-time high.  The Roadmap For A Potential Litecoin Rally To $1,000 In an X post, Crypto Patel divided the roadmap for a Litecoin rally to $1,000 into three phases. Under the first phase, he expects LTC to reclaim the $100 to $140 zone between now and next year. Under phase…