Bitdeer lands $4.7B Norway AI deal as stock surges 23%
Bitdeer Technologies Group said on Aug. 4 that its Tydal Data Center subsidiary signed a 16-year colocation and services agreement…
Category: Financial
Bernstein Says SpaceX Quarterly Results Matter Less Than AI Strategy
SpaceX shares gained ground ahead of the company’s first quarterly earnings report since its June IPO. Analysts remain focused on…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung’s recent announcement that it is adding stablecoin support to 800 million new smartphones could position the tech giant to…
India’s New Closing Auction System Triggers Market Volatility.
India’s stock market witnessed an unusual divergence this week after the Securities and Exchange Board of India (SEBI) rolled out…
Canaan to Sell Crypto Holdings to Fund Share Buybacks
Nasdaq-listed Bitcoin mining rig manufacturer Canaan announced on Aug. 4 its intention to sell a portion of its cryptocurrency holdings…
Nearly 70% of Russians see no use for crypto under Moscow’s new terms
The majority of surveyed Russian citizens fail to recognize significant use cases for cryptocurrency despite its upcoming legalization in their…
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter…
Why is CoreWeave stock rising 8% today
Shares of CoreWeave CRWV climbed 8.77% to $93.28 in morning trading on Tuesday after the AI cloud infrastructure company announced…
What is PayFi and how stablecoins are replacing wire transfers
Most people still think crypto payments means buying coffee with bitcoin. The real shift is quieter and far larger: stablecoins…