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4 Jun 2026, 20:10
Over 1.2 million BTC absorbed by institutions! What does the $59,800 level mean for the next move?

🚨 Institutions have absorbed more than 1.2 million $BTC in recent months. 📉 Despite this, Bitcoin slid back to nearly $63,000 amid fierce selling pressure. ⚠️ All eyes are fixed on the $59,800 level as a make or break support for the coming days. Continue Reading: Over 1.2 million BTC absorbed by institutions! What does the $59,800 level mean for the next move? The post Over 1.2 million BTC absorbed by institutions! What does the $59,800 level mean for the next move? appeared first on COINTURK NEWS .
4 Jun 2026, 20:05
Meta adopts Tesla-style tent data centers and xAI’s off-grid power to accelerate AI buildout

BitcoinWorld Meta adopts Tesla-style tent data centers and xAI’s off-grid power to accelerate AI buildout Meta has quietly adopted an unconventional approach to data center construction, erecting six large tents — or ‘rapid deployment structures’ — outside New Albany, Ohio, to house its AI chips. The strategy borrows from Tesla’s playbook for accelerating factory output and from xAI’s use of off-grid gas turbines for power, marking a significant shift in how the company is scaling its AI infrastructure. Tent data centers: A tactic borrowed from Tesla According to Michael Thomas, founder of Cleanview, a firm that tracks data center deployments, Meta began building five 125,000-square-foot tents between April and June 2026. Satellite images reviewed by Thomas show the structures are now complete. The approach mirrors Tesla’s decision to erect a tent in the parking lot of its Fremont, California factory during the Model 3 production ramp — a move that allowed the automaker to cut construction time dramatically. Meta CEO Mark Zuckerberg first mentioned the plan to use weatherproof tents for multi-gigawatt data centers in an interview with The Information last year. The satellite imagery and local permits now confirm the project’s scale and speed. The tents are designed to house billions of dollars’ worth of AI chips, likely including Meta’s custom training and inference hardware. Off-grid power from modular gas turbines Nearby, 200 megawatts of modular gas turbines provide power to the site — a tactic widely deployed by competitor xAI. This off-grid approach bypasses traditional utility connection delays, which can take years for large-scale data centers. By combining tent structures with on-site power generation, Meta can bring AI compute capacity online in months rather than years. Why this matters for the AI race The move comes as Meta faces mounting pressure to deliver its AI models to developers. A recent Wall Street Journal report indicated that while Meta’s latest model, Muse Spark, is complete, the APIs developers rely on to access large language models have been repeatedly delayed. Meta has said it intends to spend up to $145 billion on data centers and other capital expenditures — a figure that has unsettled Wall Street. Meta’s stock is trading down 5% this year. Putting AI chips in tents is one way to trim the bill. The temporary structures cost significantly less than traditional data center buildings and can be deployed far more quickly. However, they also raise questions about long-term reliability, cooling efficiency, and security for high-value hardware. Conclusion Meta’s tent data centers represent a pragmatic, if unconventional, response to the AI infrastructure arms race. By borrowing proven tactics from Tesla and xAI, the company is prioritizing speed over permanence. Whether this approach proves sustainable at scale — and whether it helps Meta regain developer trust and investor confidence — remains to be seen. Bitcoin World has reached out to Meta for comment and will update this article if it responds. FAQs Q1: Why is Meta building data centers in tents? Meta is using weatherproof tent structures to cut construction time in half, allowing it to deploy AI chips faster than traditional data center builds. The approach was inspired by Tesla’s use of a tent for Model 3 production. Q2: How are the tent data centers powered? The site is powered by 200 megawatts of modular gas turbines, an off-grid approach similar to that used by xAI. This avoids delays from connecting to the local utility grid. Q3: How much is Meta spending on data centers? Meta has announced plans to spend up to $145 billion on data centers and other capital expenditures. The tent structures are part of an effort to reduce costs and accelerate deployment. This post Meta adopts Tesla-style tent data centers and xAI’s off-grid power to accelerate AI buildout first appeared on BitcoinWorld .
4 Jun 2026, 20:02
Bitcoin Slides to $63.5K as Saylor Touts AI Rotation, Standard Chartered Eyes $60K Floor

Bitcoin News A fast-expanding gray market for peptides has emerged as one of the newer high-volume corners of crypto payments, now processing more than $100 million annually primarily through Bitco...
4 Jun 2026, 20:02
Market Strategist: A Shocking Reprising Is Coming for XRP and HBAR. Here’s the Signal

The crypto market is moving in ways that have less to do with on-chain fundamentals and more to do with global politics. Levi Rietveld, creator of Crypto Crusaders, published a video this week identifying a specific set of conditions he believes will trigger a significant repricing for XRP and HBAR. His analysis points to a convergence of geopolitical friction, oil prices, and unusual stock market behavior as the key drivers. At the time of his post, XRP was down over 5% on the day. HBAR was down over 4%. Bitcoin also fell several percentage points. Rietveld tied these moves directly to stalled negotiations between the USA and Iran. “The negotiations between the USA and Iran are stalling, and there is zero progress on their peace deal,” he said. The war in Iran has significantly impacted the market since it started, and elevated oil prices have kept the market in a risk-off posture, with crypto absorbing much of that pressure. A SHOCKING REPRICING IS COMING FOR $XRP AND HBAR!!!! pic.twitter.com/9fCN4fD3R2 — Levi | Crypto Crusaders (@LeviRietveld) June 3, 2026 Capital Is Rotating Away From Crypto What makes the current environment unusual is the disconnect between crypto and equities. The S&P 500 has hit new all-time highs for 10 consecutive weeks. Historically, that kind of equity strength tends to lift crypto alongside it. That has not happened this time. Rietveld explained why. Investors are chasing S&P gains and pulling capital out of crypto to do it. “A lot of people right now are rotating their capital out of crypto to trace all of these green candles that we’re seeing inside of the S&P 500,” he said. The result is a market where stocks climb, and crypto sits flat or declines, despite conditions that would normally benefit both. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Will XRP and HBAR Keep Struggling? Rietveld believes that this rotation is temporary. Stock market gains of this scale are not sustainable indefinitely. When the cycle reverses, capital will move back into crypto . The assets best positioned to absorb that inflow stand to reprice significantly. XRP is central to that thesis. Its utility in cross-border payments and its ongoing institutional adoption give it structural relevance beyond speculative trading. When capital re-enters the crypto market, assets with defined use cases and established networks tend to attract the largest inflows. XRP fits that profile. HBAR also appeared in Rietveld’s analysis as a beneficiary of the expected repricing, given its enterprise-focused infrastructure and real-world integrations. The opportunity is in positioning before the repricing event happens. “That is going to be a massive repricing event for the top cryptos, which are positioned to take advantage of this particular situation,” he said. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Market Strategist: A Shocking Reprising Is Coming for XRP and HBAR. Here’s the Signal appeared first on Times Tabloid .
4 Jun 2026, 20:00
Hyperliquid whales buy $54mln HYPE dip – Can bulls defend $68?

HYPE's uptrend survived the sell-off, but a key test now lies ahead.
4 Jun 2026, 19:55
Perpetual DEX Trading Volume Surges to $611.6B Monthly Average in 2024

BitcoinWorld Perpetual DEX Trading Volume Surges to $611.6B Monthly Average in 2024 Decentralized perpetual futures exchanges have seen a notable uptick in trading activity this year, with average monthly volume reaching $611.57 billion, according to data from CoinGecko. This represents a 15% increase from the $531.65 billion monthly average recorded throughout 2023, underscoring the growing appetite for decentralized derivatives among crypto traders. Steady Growth in Decentralized Derivatives The rise in perp DEX volume reflects a broader trend of traders moving toward non-custodial platforms for leveraged positions. Unlike centralized exchanges, perp DEXs allow users to trade perpetual futures directly from their wallets, maintaining control of their funds. This feature has become increasingly attractive amid ongoing regulatory scrutiny of centralized crypto entities. Data from CoinGecko indicates that the growth has been consistent across the first three quarters of 2024, with no single month falling below the previous year’s average. The highest monthly volume was recorded in March, coinciding with Bitcoin’s rally to new all-time highs, while the lowest came in September, a historically quieter period for crypto markets. Key Players and Market Dynamics Leading perp DEXs such as dYdX, GMX, and Synthetix have captured the majority of this volume, though newer entrants like Hyperliquid and Aevo have also gained traction. The competitive landscape is driving innovation in fee structures, liquidity mechanisms, and user experience. The shift toward perpetual futures is not limited to retail traders. Institutional interest in decentralized derivatives has grown, with several firms exploring perp DEXs for hedging and yield generation. However, liquidity fragmentation and slippage remain challenges, particularly during periods of high volatility. What This Means for Traders and the Market For traders, the sustained volume growth signals that decentralized perpetuals are becoming a reliable alternative to centralized offerings. Lower barriers to entry, transparency, and the ability to trade without KYC are key draws. For the broader crypto ecosystem, rising perp DEX activity contributes to the maturation of DeFi as a whole, providing deeper liquidity and more sophisticated financial instruments. Yet, risks persist. Smart contract vulnerabilities, oracle manipulation, and the inherent leverage in perpetuals can lead to significant losses. Traders are advised to understand the mechanics of each platform and employ proper risk management. Conclusion The climb in average monthly perp DEX volume to $611.6 billion is a clear indicator of the sector’s expansion. While challenges remain, the data suggests that decentralized derivatives are carving out a permanent and growing niche in the crypto trading landscape. As more users seek self-custody and transparency, perp DEXs are likely to see continued adoption. FAQs Q1: What is a perpetual DEX? A perpetual DEX is a decentralized exchange that allows users to trade perpetual futures contracts—derivatives with no expiration date—directly from their wallets, without an intermediary. Q2: How does the 2024 volume compare to previous years? The average monthly volume of $611.6 billion in 2024 is a 15% increase from the $531.65 billion average in 2023, indicating steady growth in decentralized derivatives trading. Q3: Which perp DEXs are driving this volume? Major platforms include dYdX, GMX, and Synthetix, with newer entrants like Hyperliquid and Aevo also contributing significantly to the overall volume. This post Perpetual DEX Trading Volume Surges to $611.6B Monthly Average in 2024 first appeared on BitcoinWorld .











































