Author: Yeek.io

Homepage > News > Business > BTC miners are in trouble—Can the pivot to AI save them? A quick look at the stock prices and Q4 earnings reports of some of the biggest BTC miners paints a scary picture. In some cases, they’re trading just above their pre-halving prices, and their earnings reports in Q4 of 2024 don’t offer much to be optimistic about. Take Core Scientific (NASDAQ: CORZ), for example. Its stock price boomed post-halving, shooting from just under $3 to over $18 at its peak in November. However, it posted a Q4 loss of $265 million, and market uncertainty has caused its stock price to…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2024, we saw a significant surge of on-chain activity, indicating an impressive growth in user interest. However, blockchain technology continues to face challenges like congestion, fragmentation, and the centralization of layer-2 solutions. With the prospect of favorable regulations and increased institutional interest following Donald Trump’s inauguration, it’s imperative to address these challenges to be ready for the upcoming wave of adoption. Recently highlighted in the 2025 Annual Crypto Theses by Messari, intent-centric approaches are emerging as…

The X account of Meteora co-founder Ben Chow was reported to have been hacked after it posted a tweet reigniting the controversy around the launch of the Libra (LIBRA), Melania Meme (MELANIA) and Official Trump (TRUMP) memecoin tokens that ultimately led to his resignation.On March 11, Chow’s X account posted an “official statement” about his departure from Meteora. The post called out DefiTuna founders Vlad Pozniakov and Dhirk, claiming the duo’s sole intention was to extract the maximum funds possible from various memecoin token launches, including MELANIA, Mates (MATES) and a Raydium launch.“As a long time Solana builder, the reason…

Bitcoin mining pool Braiins has reached a major milestone by processing over 1,000 daily payouts on the Lightning Network. This achievement demonstrates the potential for Lightning to enable instant, low-cost transactions at scale for the mining sector. Since first introducing Lightning payouts in February 2024 through a partnership with payments platform Voltage, Braiins has experienced consistent double-digit monthly growth in Lightning transactions. Miners now have access to immediate payouts of their earnings rather than relying on slower, expensive on-chain settlement. According to Braiins CEO Eli Nagar, “Lightning payouts have completely changed the way miners receive their earnings. Rather than waiting…

Bitcoin (BTC) tapped $83,700 during the early Asian hours on March 12 after reaching a low of $76,600 on March 11 amid a slight improvement in market sentiment. BTC/USD facing rejection from the $84,000 level raises questions about whether BTC price could drop further over the next few days.BTC/USD hourly chart. Source: Cointelegraph/TradingViewDemand for Bitcoin remains weakSpot Bitcoin exchange-traded funds (ETF) outflows have played a big role in the BTC price drop since late February, surpassing $1.5 billion over the last two weeks.Related: Why is Bitcoin price up today?Meanwhile, Bitcoin’s apparent demand remains low, implying a decline in risk appetite from…

Internet gambling has built a reputation for constant innovation within its industry. The digital casino evolution started with its first appearance in the past, and now blockchain has created a new phase of gaming. Non-fungible tokens (NFTs) have established themselves to introduce fresh ways for players and platforms to engage with each other. Digital assets through NFTs provide exclusive benefits that grant ownership and reward systems while transforming the way online gamblers interact with their gaming experiences.NFTs and the Future of GamblingThe value system of NFTs revolves around confirmed ownership and distinctive engagement functionality. Adopting NFTs in online gambling introduces…

US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC) a threat to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act in the House of Representatives. Emmer renewed his call for Congress to pass the legislation at the March 11 hearing. The legislation aims to block future administrations from launching a US CBDC without explicit approval from Congress.Emmer speaks during the House Financial Services Committee Hearing on CBDCs. Source: emmer.house.gov“CBDC technology is inherently un-American,” Emmer said at the hearing, warning that allowing unelected…

Dexterity has successfully raised an additional $95 million in funding to further develop its innovative concept of “Physical AI,” a technology designed to equip robots with the intelligence needed to execute physical tasks efficiently. In a LinkedIn post on Tuesday (March 11), Dexterity described its “AI of AIs” approach, which incorporates hundreds of Physical AI models to enable robots to perform key functions such as loading trucks, singulating parcels, and palletizing goods for some of the world’s largest corporations. The company emphasized that this funding marks just the beginning of its mission. Dexterity highlighted that its technology aims to enhance…

Whales accumulated over 180 million ADA, signaling potential upward pressure on Cardano’s price. Cardano’s price faced liquidation resistance around $0.75, with Open Interest and daily engagement showing caution. Over the past week, whales have accumulated over 180 million ADA, signaling a major shift in Cardano’s market behavior. This surge in large-scale buying has raised speculation about its potential impact on Cardano’s [ADA] price action.  With whales making their move, the question remains whether this buying power will push ADA higher or if the price will struggle to hold its ground. ADA price action – is the support level strong enough?…

Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports.Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling.Bitcoin whales reset market approachBitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to exit the market.In one of its “Quicktake” blog posts on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top ten largest inflows to Binance attributed to whales has fallen.“Monitoring whale behavior has consistently provided valuable insights into potential market movements,” he summarized. “Given that Binance handles…