Invest ideasNews
6 May 2026, 17:47
Babylon and Gomining Plan to Activate Up to 1,000 BTC via Trustless Vaults
Babylon Labs and Gomining have announced plans to integrate their infrastructure, allowing bitcoin holders to lock their BTC into the former’s trustless vaults and earn native mining rewards from Gomining’s operations, all without wrapping, bridging, or surrendering custody of their coins. Key Takeaways: Babylon and Gomining announced a Trustless Bitcoin Vault (TBV) integration for up
6 May 2026, 17:06
Hut 8, Cleanspark swap BTC for AI gains as miners continue to offload tokens
Hut 8 just announced its first-quarter 2026 earnings alongside a $9.8 billion AI data center agreement, sending its stock up nearly 32% today, May 6. CleanSpark, the fourth-largest public miner by Bitcoin holdings, has also been liquidating mined BTC at a blistering pace to fund operations amid record-low mining margins. The two companies are the latest events in a wave of publicly traded miners redirecting capital from Bitcoin treasuries toward artificial intelligence infrastructure, a shift that produced record industry-wide BTC sales in the first three months of 2026. Bitcoin miners dump a record 32,000 BTC in Q1 According to CryptoQuant data, public Bitcoin miners offloaded more than 32,000 BTC during Q1 2026, more than full-year 2025 net sales and even surpassing the approximately 20,000 BTC liquidated during the Terra-Luna collapse in Q2 2022. The sellers included MARA Holdings, which sold 15,133 BTC for around $1.1 billion in March, and Riot Platforms, which made nearly $289.5 million from 3,778 BTC. Core Scientific also moved about 1,900 BTC (worth roughly $175 million) in January alone, according to the same report. CleanSpark’s sales increased as the quarter went on. The firm sold approximately 159 of the 573 BTC it produced in January. By February, it had liquidated 553 of 568 BTC mined, nearly selling off all of its monthly production. The selling wave represents a sharp reversal from 2024, when public miners added a net 17,593 BTC to their balance sheets and pushed combined treasuries past 100,000 BTC. Why are miners selling BTC for AI data centers? The Bitcoin sales are mostly driven by the difficulty in making profits from mining. Hashprice, which is a key measurement that tracks how much money miners stand to make, is currently near its lowest point ever, hovering in the low-$30-per-petahash-per-second range. Network difficulty is also roughly 10 times higher than it was in 2021, and the April 2024 halving reduced block rewards by half. These factors are pushing miners toward AI workloads. According to industry data cited by Cryptopolitan in February, AI infrastructure can generate between three and 25 times more revenue per megawatt of power than traditional mining. As such, profit margins on AI workloads often reach 80% to 90%. Hut 8’s data center agreement , valued at $9.8 billion, is one of the largest deals struck by a former pure-play miner. The company also recently refinanced a Bitcoin-backed credit facility, according to a May 1 statement . It was Bitdeer who set the standard for the pivot earlier this year after it liquidated its entire Bitcoin treasury of more than 1,127 BTC to fund land acquisitions and high-performance computing expansion in February, per Cryptopolitan . VanEck Head of Research Matt Sigel noted at the time that Bitdeer, “like other miners, is actively selling everything they mine (and more) to fund the AI pivot.” Holdings are still large despite sales Despite the record liquidations, public miners still hold significant Bitcoin collectively. Data from BitcoinTreasuries shows that 29 publicly traded mining companies hold a combined 100,287 BTC, worth approximately $8.19 billion at current prices. Top 10 publicly traded Bitcoin mining firms. Source: BitcoinTreasuries.net . MARA leads the race with 38,689 BTC, followed by Riot Platforms at 15,680 BTC. Hut 8 holds 13,696 BTC, and CleanSpark holds 13,561 BTC, placing them third and fourth among public miners. The question facing investors is whether Q1’s record selling was a one-time event or the start of a sustained downward trend. If hashprice stays low and Bitcoin fails to stabilize enough to offset compressed margins, the industry’s AI migration will likely continue till the end of 2026. The smartest crypto minds already read our newsletter. Want in? Join them .
6 May 2026, 16:00
MetaMask brings theMiracle benefits directly into its wallet
MetaMask, one of the most widely used crypto wallets, will launch a redesigned Rewards tab. Users will have three new ways to discover value and earn rewards. The wallet partnered with theMiracle project to power the Benefits section within the new Rewards tab. Users will see brand activations and loyalty rewards, based on their balance of digital assets. For the first time, the leading non-custodial wallet will bring automatically curated rewards based on user holdings. TheMiracle will introduce its behavioral intelligence infrastructure for wallets and ecosystems. The service will identify incentives based on analysis of each user’s on-chain activity and activate relevant rewards. MetaMask to include brand activations MetaMask users will not have to hunt across fragmented apps to search for benefits. Instead, the wallet will offer tailored benefits and brand activations, where users can take immediate action from their wallet. The Rewards button will also improve fraud resistance, as only trusted claimable rewards will be included in the daily offers. Ecosystem partners and brands will now have a more direct path to reaching end users within a safe platform. Wallets are increasingly becoming the hub of activity, as the a16z investment fund estimates 40M to 70M active crypto users globally, based on the 2025 annual report . MetaMask has shown somewhat more subdued swapping activity compared to 2025, based on Dune Analytics data. Ethereum and BNB Chain are still the most actively used chains by the wallet. The wallet still draws in 160K monthly active users. As Cryptopolitan reported , MetaMask has adopted some of the most recent trends, including tokenized stocks. The wallet follows the trend of becoming an ‘everything app’, offering the latest benefits in the crypto space. Recently, MetaMask also offered a tokenized version of Strategy’s STRC preferred stock. MetaMask is also open to partners and projects, opening a more direct way to reach users with announcements and benefits. MetaMask and theMiracle will read real user behavior MetaMask and theMiracle will simplify the discovery of value in Web3. For years, Web3 projects have advertised rewards, airdrops, and incentives, but often required lengthy registration processes. Additionally, not all incentives reached their target audiences. TheMiracle will read real user behavior and aggregate all relevant campaigns and rewards. “ Crypto wallets give a direct view and access into what people care about on-chain ,” said Danilo Cerullo, CEO and co-founder of theMiracle. “When behavioral intelligence and distribution infrastructure live in the same system, wallets stay in a trusted environment, supporting meaningful and loyal connections with their users. Brands reach the right audience, which makes every interaction more relevant,” he said. MetaMask will transform from a place to hold assets into a hub to unlock experiences and benefits, said Christian Montoya, Director of Product at MetaMask. The immediate response in the Rewards tab will make sure users reach all campaigns and benefits before they lapse. MetaMask has tapped a broader product shift in the crypto space. Other wallets, such as Phantom, have evolved into larger digital ecosystems for payments, access, identity, and reward campaigns. With theMiracle, MetaMask will go a step further and only display relevant and timely campaigns to avoid spam or phishing. The Rewards tab will take into account all trading, swaps, spending, and referrals of the user. The wallet will, in effect, actively respond to on-chain behavior and reward increasing activity. If you're reading this, you’re already ahead. Stay there with our newsletter .
6 May 2026, 15:05
Bitcoin Price Analysis: BTC Hits Key Decision Zone After 20% Monthly Rally
Bitcoin has continued its recovery structure with buyers gradually regaining control. The recent upward expansion has pushed the market back toward key resistance levels, while momentum indicators and market structure suggest that BTC is attempting to transition from a corrective phase into a broader bullish continuation. However, the market is now approaching a decisive area where confirmation is required before a sustained rally can unfold. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC has recently displayed notable bullish momentum and managed to slightly break above the upper boundary of the ascending channel that has contained the price action for the past several months. This breakout is an important technical development, as it signals strengthening buyer dominance after weeks of gradual accumulation. Nevertheless, the breakout still requires confirmation. If the price stabilizes above the channel’s upper boundary at $80K and forms a successful pullback toward it, the breakout would likely be validated, opening the door for another bullish leg toward higher resistance zones. At the same time, Bitcoin is approaching a major resistance confluence around the $83K range, where the 200-day moving average is currently located. This area could temporarily slow the bullish momentum. In this structure, the broken price channel now acts as dynamic support, while the $83K-$85K region remains the next major hurdle for buyers. BTC/USDT 4-Hour Chart On the 4-hour chart, a new ascending price channel has emerged, highlighted by the yellow structure. The market has been respecting both the upper and lower boundaries of this formation, indicating an orderly bullish trend in the short term. Bitcoin is currently trading near a significant resistance zone around the $81K-$84K range, represented by the green supply region. Meanwhile, the $75K-$78K region, highlighted by the brown box, is acting as the main short-term support. Given the proximity to resistance and the recent sharp rally, the market is likely to experience consolidation and fluctuating price action within this channel over the coming days. A breakout above the $81K-$84K resistance could trigger continuation toward higher levels, while a rejection and breakdown below the $75K-$78K support may lead to a deeper correction within the broader structure. Sentiment Analysis From a liquidation perspective, the heatmap indicates that Bitcoin has recently swept through a large portion of the liquidity concentrated around the $80K region. This suggests that a significant number of short positions have already been liquidated during the recent rally. However, notable liquidity clusters still remain above the current market price, particularly around the $85K-$95K region, making these levels attractive targets for further upside expansion and potential short squeezes. On the other hand, substantial liquidity pools continue to exist at lower price levels, especially below the $60K-$70K range. These deeper liquidity zones could still attract price in the coming months if broader market conditions weaken or if the current breakout fails to sustain itself. Overall, Bitcoin is showing improving bullish momentum after reclaiming key technical levels, but the market is now entering a critical resistance zone. The interaction between the broken ascending channel, the 200-day moving average around $88K-$90K, and the surrounding liquidity clusters will likely determine whether BTC can sustain a broader uptrend or enter another consolidation phase before the next major move. The post Bitcoin Price Analysis: BTC Hits Key Decision Zone After 20% Monthly Rally appeared first on CryptoPotato .
6 May 2026, 14:50
Core Scientific buys Polaris for $421M to pivot Bitcoin mining power toward AI data centers
BitcoinWorld Core Scientific buys Polaris for $421M to pivot Bitcoin mining power toward AI data centers Core Scientific (CORZ), a major player in Bitcoin mining and high-performance computing, has acquired Bitcoin mining firm Polaris for $421 million, according to a report from The Block. The strategic acquisition is designed to repurpose Polaris’s existing power infrastructure—secured through a contract with Oklahoma Gas and Electric—to support the rapid expansion of Core Scientific’s artificial intelligence data center operations. Following the announcement, CORZ shares jumped 9.58% to close at $24.32, reflecting investor optimism about the company’s pivot toward the growing AI infrastructure market. What the Polaris deal means for Core Scientific The acquisition of Polaris gives Core Scientific immediate access to a significant power allocation that was originally secured for Bitcoin mining. By converting this capacity for AI workloads, the company can bypass the lengthy permitting and grid interconnection delays that often slow down data center development. Core Scientific has been increasingly positioning itself as a hybrid infrastructure provider, balancing Bitcoin mining operations with hosting services for AI and machine learning workloads. This deal accelerates that transition by adding a ready-to-use power asset in Oklahoma, a state with favorable energy costs and regulatory conditions for large-scale data centers. Why AI companies need Bitcoin mining infrastructure The overlap between Bitcoin mining and AI data center operations is driven by a shared need for reliable, high-capacity electricity. Bitcoin miners often secure long-term power contracts at competitive rates, which are equally attractive to AI companies facing a nationwide shortage of data center capacity. Core Scientific’s move mirrors a broader industry trend. Other mining operators, including Hut 8 and Riot Platforms, have also begun retrofitting their facilities to serve AI clients. The convergence of these two sectors is reshaping the energy-intensive computing landscape, as AI’s insatiable demand for processing power continues to grow. Market reaction and stock performance The market responded positively to the news. CORZ shares rose nearly 10% on the day of the announcement, signaling that investors see value in the company’s strategic pivot. However, the deal also carries risks. Converting mining infrastructure for AI use requires significant capital expenditure for cooling systems, networking equipment, and specialized hardware like Nvidia GPUs. Analysts have noted that the success of this acquisition will depend on Core Scientific’s ability to attract high-quality AI tenants and manage the operational complexity of running dual-purpose facilities. Conclusion Core Scientific’s $421 million acquisition of Polaris represents a calculated bet on the convergence of Bitcoin mining and AI infrastructure. By repurposing existing power assets, the company aims to capture a share of the booming AI data center market while reducing its reliance on volatile cryptocurrency mining revenue. The coming quarters will reveal whether this strategy delivers the returns that investors are now pricing into CORZ shares. FAQs Q1: Why did Core Scientific acquire a Bitcoin miner for AI data centers? Core Scientific acquired Polaris to gain access to its existing power contract with Oklahoma Gas and Electric. This allows the company to quickly expand its AI data center capacity without waiting for new grid connections. Q2: How much did Core Scientific pay for Polaris? The acquisition price was $421 million, as reported by The Block. Q3: What happened to CORZ stock after the announcement? CORZ shares rose 9.58% to $24.32 on the day of the announcement, reflecting positive market sentiment. This post Core Scientific buys Polaris for $421M to pivot Bitcoin mining power toward AI data centers first appeared on BitcoinWorld .
6 May 2026, 14:29
Hut 8 Shares Hit All-Time High Price as Bitcoin Miner Signs $9.8 Billion AI Data Center Lease
Hut 8’s second hyperscale AI campus lease deal covers the first phase of a sprawling Nueces County complex that was originally meant to fuel Bitcoin mining.
