12 Aug 2025, 01:50

Bitcoin miner MARA buys majority stake in Exaion to grow AI business

MARA Holdings Inc. is about to sign a $168 million deal to buy most of EDF’s Exaion, making its biggest step from Bitcoin mining into artificial intelligence infrastructure. The company’s SEC filing says MARA’s French unit, MARA France SAS, will buy new and existing shares to own 64% of Exaion, a high-performance computing and AI infrastructure firm. The deal should close in late 2025 or early 2026, once regulators in France and Canada approve it. MARA buys majority stake in Exaion to grow AI business MARA will shift from being known purely as a large-scale Bitcoin miner to becoming a major player in the AI infrastructure industry by committing to a multi-step investment plan. The company will acquire 4.1 million newly issued shares in Exaion, a French company operating high-performance computing and cloud services for demanding digital workloads, through a €115 million deal. The company will also buy 1.2 million existing shares from EDF Pulse Holding and other minority owners for €33 million. €23 million will be paid at the closing of the deal, and €10 million in 2027 if Exaion meets certain agreed performance targets. This deal will give the Bitcoin mining firm the power to guide the company’s growth strategy and future direction while still keeping EDF as a minority partner through a controlling interest of 64% in Exaion. MARA also plans to raise its ownership stake to approximately 75% by acquiring an additional 3.9 million shares in Exaion for about €110 million in March 2027. This second phase will ensure there remains a link between Exaion’s utility heritage and its expanding role in technology by giving MARA even greater control over Exaion’s operations while keeping EDF’s minority position intact. Depending on how long it takes to meet all closing conditions, the company expects the first phase to close either in the final quarter of 2025 or the first quarter of 2026. This is because the transaction is still subject to approvals from regulators in France and Canada. MARA carefully planned this deal to enter a sector that is growing quickly and to exploit the opportunities that go beyond the sometimes-volatile revenue streams of cryptocurrency mining. Exaion provides advanced computing power through high-performance data centers and specialized cloud platforms. These facilities handle complex and heavy workloads essential for running artificial intelligence applications, big data analysis, and other resource-intensive digital operations. As more organizations demand tighter control over where their data is stored and how it is processed, MARA’s focus on digital sovereignty comes in handy. Rather than outsourcing everything to global hyperscale providers, the company’s clients can process and store sensitive information within secure systems that comply with regional data protection rules. MARA is stepping into a market that complements its existing expertise in managing large-scale, energy-intensive computing operations by acquiring a controlling stake in Exaion. The company will focus on AI inference (running and using already trained models to perform tasks) instead of investing heavily in training AI models from scratch, which requires massive resources. AI growth offers new income for Bitcoin miners There is a sharp rise in demand for computing power capable of handling the enormous workloads required by advanced AI applications, as the market is growing at an extraordinary pace. MARA focuses on AI infrastructure services that can be delivered to a broader range of clients, while competitors such as Core Scientific and Hut 8 target hyperscale cloud providers instead. Since MARA is not entirely dependent on large cloud providers to generate business, it can engage with the AI market in a way that is more controlled and potentially more profitable. The company can offer tailored solutions that meet each client’s specific computing and data needs by positioning itself to work directly with customers. MARA is also continuing to pursue an aggressive Bitcoin treasury strategy that has become a defining feature of its overall business model. To buy more Bitcoin while continuing to hold onto every coin it mines, it raised $950 million through equity and debt financing. The announcement of MARA’s deal with EDF’s Exaion gave the company a market value of $5.8 billion after its shares rose 1.8% to $15.67 in the New York trading session. MARA will receive strong positions in both the rapidly evolving AI sector and the established but still volatile world of cryptocurrency mining if the acquisition goes through as planned. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

12 Aug 2025, 01:48

Supporters Turn to Solana-Based Meme Coins to Fund Legal Battle for Late AI Critic Suchir Balaji’s Family

Supporters of Suchir Balaji are leveraging Solana-based meme coins to finance his family’s legal battle, following his controversial death in 2024. Balaji’s family is raising funds through the Justice for

12 Aug 2025, 01:41

Family of Ex-OpenAI Researcher Turn to Crypto to Fund Disputed Death Probe

Supporters of late AI critic Suchir Balaji have turned to crypto to back his family’s legal fight using Solana-based meme coins.

12 Aug 2025, 01:40

ETH Short Position: Whale Trader Makes Massive $128M Bet on Ethereum Price Drop

BitcoinWorld ETH Short Position: Whale Trader Makes Massive $128M Bet on Ethereum Price Drop The cryptocurrency world is abuzz with news of a significant ETH short position , recently placed by a prominent whale trader . This dramatic move involves a substantial bet against the future of Ethereum price , catching the attention of investors and analysts across the globe. Such high-stakes plays are always fascinating to watch. Understanding This Massive ETH Short Position Recently, a notable whale trader known as AguilaTrades executed a colossal short position on Ethereum (ETH) through the decentralized exchange Hyperliquid. This strategic move involves 30,001 ETH, valued at an astonishing $128.45 million. It clearly indicates a strong bearish sentiment on the immediate future of Ethereum price . The trade utilizes a substantial 15x crypto leverage , which amplifies both potential gains and, crucially, potential losses. This kind of high-stakes play always garners significant attention in the crypto market, particularly when a known whale trader is involved. Who is AguilaTrades and What is Hyperliquid? AguilaTrades is a recognized whale trader , an individual or entity holding a vast amount of cryptocurrency. Their trades often signal market sentiment and can significantly influence market dynamics. The crypto community closely monitors their actions for insights into potential market shifts. The platform used for this particular ETH short position , Hyperliquid, is a cutting-edge decentralized exchange (DEX). Unlike centralized exchanges, DEXs operate without an intermediary, allowing peer-to-peer transactions directly on the blockchain. This offers greater transparency and often higher crypto leverage options, but it also comes with unique risks due to its permissionless nature. The Perils of High Crypto Leverage in Trading This specific ETH short position comes with 15x crypto leverage , a powerful financial tool that allows traders to control a large position with a relatively small amount of capital. While leverage can magnify profits if the market moves in the desired direction, it also dramatically increases the risk of liquidation. For this trade, the liquidation price is set at $4,383.66. If the Ethereum price reaches or exceeds this level, the position will be automatically closed by the exchange, resulting in a complete loss of the collateral used for the trade. This highlights the inherent volatility and extreme risk associated with high-leverage trading in the crypto space, especially for an ETH short position of this magnitude. Key aspects of leveraged trading: Amplified Returns: Small price movements can lead to significant profits. Increased Risk: Losses are also amplified, potentially leading to rapid liquidation. Liquidation Price: A critical threshold where the position is automatically closed to prevent further losses beyond the collateral. How Might This Whale Trader’s Move Impact Ethereum Price? The placement of such a significant ETH short position by a prominent whale trader often signals a strong belief that the Ethereum price is poised for a downturn. While one trade alone might not crash the entire market, large positions like this can create ripple effects. Other traders might interpret this as a bearish signal, potentially leading to increased selling pressure across the market. Moreover, the sheer size of the position means that if it were to be liquidated, the forced buying of ETH to cover the short could cause a temporary upward price spike. Conversely, if the trade is successful, the closing of the position could add significant selling pressure. Monitoring activity on a decentralized exchange like Hyperliquid provides crucial insights into large market movements and potential future trends for Ethereum price . In summary, AguilaTrades’ audacious $128 million ETH short position on Hyperliquid serves as a powerful reminder of the high stakes and potential volatility within the cryptocurrency markets. This strategic move by a prominent whale trader , utilizing significant crypto leverage , underscores the ongoing battle between bullish and bearish sentiments influencing the Ethereum price . Whether this bet pays off or leads to a substantial loss remains to be seen, but it certainly adds an intriguing layer to the current market narrative on this leading decentralized exchange . It’s a prime example of how individual high-net-worth players can influence perceptions and potentially market dynamics. Frequently Asked Questions (FAQs) 1. What is an ETH short position? An ETH short position is a trading strategy where an investor borrows Ethereum and sells it, expecting its price to fall. The goal is to buy it back at a lower price later, return the borrowed ETH, and profit from the price difference. 2. Who is AguilaTrades? AguilaTrades is identified as a ‘whale trader,’ meaning an individual or entity holding a very large amount of cryptocurrency. Their substantial trades can significantly influence market sentiment and price movements. 3. What is Hyperliquid? Hyperliquid is a decentralized exchange (DEX) that allows users to trade cryptocurrencies directly with each other, without the need for a centralized intermediary. It often offers high leverage options. 4. What does 15x crypto leverage mean? 15x crypto leverage means that for every $1 of your own capital, you can control $15 worth of a cryptocurrency position. While this amplifies potential profits, it also significantly magnifies potential losses and increases the risk of liquidation. 5. How can a whale trader’s actions affect Ethereum price? When a whale trader places a large position, like this significant ETH short, it can signal their market conviction. This can influence other traders’ perceptions, potentially leading to a cascade of similar trades that collectively impact the Ethereum price by increasing buying or selling pressure. Did this high-stakes ETH short position intrigue you? Share this article with your fellow crypto enthusiasts and spark a conversation about the future of Ethereum and the impact of whale traders! To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action . This post ETH Short Position: Whale Trader Makes Massive $128M Bet on Ethereum Price Drop first appeared on BitcoinWorld and is written by Editorial Team

12 Aug 2025, 01:34

Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Bitcoin staged a sharp recovery over the past week, rebounding from a dip below $114,000 to trade near $121,000, in what Glassnode described in a recent report as a shift from “seller exhaustion to a strong rebound near recent ATHs.” The rally, however, came without a surge in spot market participation. Glassnode data shows spot trading volumes fell 22% to $5.7 billion, close to their statistical low band, suggesting the rebound has been driven more by positioning shifts than deep conviction buying. The Spot Cumulative Volume Delta flipped 94% toward buy pressure, a sign that aggressive selling has been replaced by renewed demand, but not yet across a broad base of traders. On the derivatives side, leveraged traders re-engaged aggressively, Glassnode detailed in its report. Perpetual Cumulative Volume Delta, a measure of the buy-sell pressure in perps, jumped 88%, funding rates remained elevated, and options open interest climbed 6.7% to $42.4 billion. Yet, volatility pricing collapsed by almost a third, indicating a degree of complacency that has historically preceded large market moves. ETF flows offered some relief, with U.S.-listed spot bitcoin ETF outflows halving to $311 million from $686 million the prior week. Even so, ETF trade volume fell 27.7% to $13.7 billion, keeping activity near its low band. QCP Capital framed the weekend surge, which briefly pushed BTC above $122,000, as a function of thin order books and a broader risk-on shift in global markets. “Crypto staged an impressive comeback over the weekend during thin, low-liquidity trading hours,” the Singapore-based trading firm wrote, noting that the bounce aligned with a rebound in U.S. equities and growing expectations for a September Fed rate cut. While on-chain activity improved, active addresses jumped 8.4% to 793,000, and fee volume rose 10%. Glassnode cautioned that elevated profitability levels could quickly turn into selling pressure if sentiment shifts. With 94.1% of supply in profit and the realized profit-to-loss ratio climbing to 1.9, the market may be nearing a point where profit-taking accelerates. The combination of thin liquidity, bullish derivatives positioning, and macro-driven optimism leaves Bitcoin primed for volatile moves as it approaches all-time highs, with the next test likely coming from Tuesday’s U.S. CPI release. Polymarket traders lean toward a modest uptick in line with consensus that would likely keep BTC consolidating, with hotter prints posing a short-term headwind by delaying Fed cuts and softer readings offering a potential breakout catalyst if ETF flows and spot activity strengthen. Market Movers BTC: Bitcoin is trading at $118k as traders pull back and position themselves for the possibility that Tuesday's CPI report might break BTC's momentum. ETH: Ethereum is trading at $4200. Analysts say that ETH's rally is partially due to increased capacity on-chain and lower DeFi costs. Gold: Gold slid to $3,355.13 as upbeat risk sentiment and Trump’s pledge to exclude gold from tariffs weighed on safe-haven demand, though losses were cushioned by rising Fed rate cut bets ahead of this week’s U.S. inflation data. Nikkei 225: Asia-Pacific markets rose Tuesday, with Japan’s Nikkei 225 hitting a record high after the U.S.-China trade truce was extended, while investors awaited the Reserve Bank of Australia’s expected rate cut. S&P 500: U.S. stocks eased, with the S&P 500 down 0.2% and just under its record, as investors await new inflation data .Meanwhile, Citigroup and UBS lifted their year-end S&P 500 targets, citing easing policy risks and solid earnings, with Citi raising its forecast to 6,600 and UBS to 6,100. Elsewhere in Crypto Jeff Bezos' Blue Origin Now Accepts Bitcoin, Ethereum and Solana for Spaceflights (Decrypt) Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data (CoinDesk) Senate Banking Committee Democratic staff slam GOP crypto draft bill as ‘superhighway’ for dodging regulation (The Block)

12 Aug 2025, 01:30

Solana (SOL), Ethereum (ETH) & XRP in ETF Race — But This Under-$1 Coin Could Deliver Bigger Gains Before Year-End

The race for crypto ETFs is heating up. Solana (SOL), Ethereum (ETH), and XRP are among the top contenders. These coins are gaining strong interest from big investors. ETFs could bring billions in new capital. This could change how these coins perform in the market. Solana is popular because it offers fast transactions at a low cost. Developers like building apps on its network. Ethereum remains the most widely used platform for smart contracts and decentralized finance projects. XRP focuses on quick and cheap cross-border payments and has partnerships with major banks around the world. With clear real-world use cases, these coins stand to benefit a lot if ETF approvals happen soon. MAGACOIN FINANCE Shows Big Potential Analysts are saying that MAGACOIN FINANCE could jump 86x in the next market wave. This new coin is affordable and attracting attention from investors. It is creating buzz as a promising under-$1 altcoin. MAGACOIN FINANCE has a growing community that believes in its future. The team is focused on building trust and offering long-term value. Their presale is picking up speed as more people learn about the project. Many experts think that MAGACOIN FINANCE could outperform bigger coins because it offers a fresh opportunity. Its low price makes it easy for investors to get started, even if they are new to crypto. What Investors Should Watch While Solana, Ethereum, and XRP work on ETF approvals, MAGACOIN FINANCE is quietly making waves. The big three offer proven technology and large user bases. At the same time, MAGACOIN FINANCE offers a chance for big gains because it is still early in its journey. If ETFs get the green light, prices for SOL, ETH, and XRP could rise quickly. For investors who want exposure to new projects with high growth potential, MAGACOIN FINANCE is worth a look. Its strong community and solid plans make it a coin to watch as the year wraps up. Conclusion Solana, Ethereum, and XRP are positioned well for growth due to the ETF race. Meanwhile, MAGACOIN FINANCE is emerging as a low-cost altcoin with huge upside potential. Combining established coins with promising new tokens like MAGACOIN FINANCE can help investors stay ahead in a fast-moving market. Investors should watch these coins closely as 2025 unfolds. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Access: https://magacoinfinance.com/access X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Solana (SOL), Ethereum (ETH) & XRP in ETF Race — But This Under-$1 Coin Could Deliver Bigger Gains Before Year-End