News
27 Jun 2025, 02:00
Bitcoin Weak Hands Exit While Smart Money Loads Up – Is A Breakout Near?
As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC “weak hands” are selling their holdings to larger investors. Bitcoin Moving Upstream From Weak Hands To Big Money According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin’s supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the investor sentiment toward the largest digital asset. Related Reading: Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000 Retail investors – those holding less than one BTC – have seen a significant reduction in their holdings, with total balances dropping by 54,500 BTC year-over-year (YoY), to 1.69 million BTC. On average, this cohort has experienced outflows of approximately 220 BTC per day. In contrast, large holders – wallets with 1,000 BTC or more – have expanded their total BTC exposure by 507,700 BTC over the same period, bringing their combined holdings to 16.57 million BTC. This group is now seeing average inflows of around 1,460 BTC per day. Institutional interest in Bitcoin also continues to rise at a historic pace. Notably, institutions are currently absorbing about seven times more BTC than retail investors are selling. At the same time, the post-halving issuance of BTC is currently hovering around 450 BTC a day, raising the possibility of a true “supply squeeze” amid strong buying pressure. To recall, BTC underwent its latest halving in April 2024, when the mining reward for each block on the chain was slashed from 6.25 BTC to 3.125 BTC. In their commentary, IT Tech noted that meaningful retail interest has yet to kick in during this cycle. Unlike previous market tops – where retail investors aggressively accumulated BTC – current data shows them exiting the market, suggesting that the bull run may still have more room to grow. Another metric that points toward the market top being far from the current price level is the Bitcoin 30-day MA Binary CDD. In a recent analysis, CryptoQuant contributor Avocado_onchain noted that the BTC market is “far from overheating.” BTC Short-Term Holder Floor Approaching $100,000 As BTC remains range-bound between $100,000 and $110,000, the short-term holder (STH) realized price – a key psychological support level – is steadily climbing. It currently sits near $98,000, reflecting rising investor conviction. Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall Further on-chain data also shows that both retail and institutional holders are reducing exchange deposits, signalling reluctance to sell at current levels. This behavior supports the idea that many are positioning for further upside. At press time, BTC trades at $107,012, down 0.5% in the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com
27 Jun 2025, 02:00
The $323M Crypto Project Building in Silence: Why BlockDAG’s Six-Week Countdown Could Change Crypto!
In crypto, timing is more than buying low and selling high. It is about recognising the moment just before quiet progress turns into public acceleration. With BlockDAG (BDAG) , that shift has not happened yet. And that is what makes the current window so important. The six-week rollout plan outlined in BlockDAG’s roadmap is detailed and structured. Each week brings new functionality, from staking and mining to DeFi tools and exchange listings. It is a sequence built to drive utility before price discovery. But the key detail is this. The countdown has not started. Those entering now are ahead of every major milestone, before token circulation, before staking closes, and before DeFi activation changes the pace. Inside BlockDAG’s Six-Week Rollout Plan BlockDAG’s six-week countdown is not a placeholder. It is a structured execution plan designed to deliver real network value ahead of listings. It begins with the end of the presale, the start of staking, and the conversion of all X1 and TAP points into BDAG coins. Wallet migration also finalises at this point, preparing users for on-chain participation. As the countdown continues, the mainnet goes live. Production infrastructure, including high-performance ASIC miners, becomes active while tokens remain non-tradable. In the third week, decentralisation takes hold with the launch of community-run nodes and mining pools, allowing early participants to secure the network pre-listing. By Week 2, 40% of presale tokens are airdropped. At the same time, the full DeFi stack launches, including the DEX, bridge, oracle services, lending features, and the launchpad. This culminates in listing week, which opens with a lead exchange before expanding across more than nine platforms. Every phase builds function before exposure, setting up a foundation for lasting network value. The Importance of Getting In Before the Clock Starts This early phase is not just about getting a better price. It is about locking in strategic positioning. With the current limited-time offer at $0.0030 and only for a few days until the increase to $0.0080, participants are entering ahead of visibility acceleration. The confirmed $0.05 listing puts the return window at 1500%, a rare setup in any presale cycle. But the real edge lies in what is already happening behind the scenes. Over 2 million users are actively mining BDAG using the X1 app, creating sustained engagement before trading begins. More than 18,000 ASIC miners have been sold. Deliveries for the X30 and X100 models begin July 7, with X10 units shipping by August 15. Demand is rising well ahead of liquidity. BlockDAG has sold 23.2 billion BDAG coins and raised $323 million toward its $600 million goal. That capital is being deployed to build a structure, not just fuel speculation. It’s an ecosystem already under construction, building momentum before it ever hits exchanges. A Network That Exists Before the Token Trades Unlike projects that debut a token before anything works, BlockDAG is taking the opposite route. Its testnet is live and functional. Developers can deploy EVM-compatible smart contracts, build dApps using a no-code interface, and test ecosystem tools without needing coins in circulation. This reverses the typical flow seen in Layer 1 launches. Infrastructure is going live first. Trading comes later. This structure mimics the early success paths of Bitcoin’s initial mining model, Kaspa’s DAG architecture, and Solana’s validator-driven rollout. But BlockDAG brings all of it into one combined framework, streamlining early access through mobile apps, miner rigs, and developer grants. Crypto Market Snapshot BlockDAG has designed its rollout to favour early movers, not momentum chasers. The testnet is active, miner adoption is rising, and no-code dApps are already being built. Decentralised mining pools are ready, and real builder activity is underway. But marketing campaigns, exchange volume, and token liquidity have yet to begin. That is exactly what makes this phase so powerful. In crypto, the advantage comes from owning infrastructure before it becomes the headline. BlockDAG still offers that window. But once the six-week countdown begins, the early edge fades, and the rush to catch up begins. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post The $323M Crypto Project Building in Silence: Why BlockDAG’s Six-Week Countdown Could Change Crypto! appeared first on TheCoinrise.com .
27 Jun 2025, 00:40
HIVE Digital: Unveiling a Robust $181.1M Digital Asset Portfolio
BitcoinWorld HIVE Digital: Unveiling a Robust $181.1M Digital Asset Portfolio In the rapidly evolving landscape of digital finance, a company’s strategic management of its treasury assets is a powerful indicator of its long-term vision and resilience. Canadian cryptocurrency mining powerhouse, HIVE Digital Technologies, recently captivated the market with an announcement that vividly illustrates its robust financial health and astute foresight. As the fiscal year 2025 concluded, HIVE Digital proudly disclosed an impressive $181.1 million in digital asset holdings , a substantial portion of which is anchored by a significant 2,201 Bitcoin. This pivotal revelation offers more than just a financial snapshot; it provides profound insights into the operational prowess and sophisticated asset management framework of a true trailblazer in the digital economy. HIVE Digital’s Strategic Accumulation of Digital Asset Holdings What does it truly signify for a pioneering entity like HIVE Digital to command such a formidable sum in digital asset holdings ? This figure is not merely a number; it represents a meticulously curated portfolio of cryptocurrencies, predominantly Bitcoin, which HIVE has diligently mined and, critically, chosen to retain rather than immediately liquidate. This deliberate strategy transcends conventional corporate treasury management, reflecting a profound bullish conviction in the enduring value of these assets and a proactive decision to fortify its financial bedrock. A Modern Treasury Approach: Unlike traditional corporations that might hold cash or government bonds, HIVE Digital’s treasury strategy embraces the native assets of the digital realm. This approach positions them to directly benefit from the growth and adoption of cryptocurrencies. Balance Sheet Fortification: These substantial holdings are a direct infusion of strength into the company’s balance sheet. They serve as a formidable reserve, offering unparalleled flexibility to fund future operational expansions, invest in cutting-edge technologies, or provide a vital buffer during inevitable market downturns. Unwavering Market Confidence: By choosing to ‘HODL’ a significant portion of its self-mined assets, HIVE Digital unequivocally signals its deep-seated confidence in the long-term appreciation trajectory of cryptocurrencies, with Bitcoin leading the charge. This transparency can foster immense trust among investors, demonstrating that the company’s interests are intrinsically aligned with the success of the broader crypto ecosystem. What Does HIVE Digital’s Bitcoin Portfolio Reveal? The precise mention of 2,201 Bitcoin as a cornerstone of HIVE Digital’s treasury illuminates a critical facet of its financial strategy. Bitcoin, often hailed as ‘digital gold,’ remains the preeminent cryptocurrency, serving as a bellwether for the entire crypto market . For a dedicated mining company, accumulating and safeguarding such a significant Bitcoin portfolio is a nuanced strategic maneuver that extends far beyond routine operational considerations. The HODL Philosophy in Action: HIVE’s decision to hold over two thousand Bitcoin is a clear manifestation of a ‘HODL’ strategy. This implies a calculated long-term bet on Bitcoin’s future price appreciation, indicating that the company is not merely covering immediate operational expenses but actively building wealth through asset accumulation. Proof of Operational Excellence: The ability to retain such a large Bitcoin reserve strongly suggests that HIVE Digital’s mining operations are not just profitable, but exceptionally efficient. They are generating enough revenue to comfortably cover their considerable expenses without being forced to liquidate all their freshly mined Bitcoin. This speaks volumes about their rigorous cost management, energy optimization, and overall operational superiority, especially in light of the escalating mining difficulty and the recent Bitcoin halving events that compress margins for many miners. Strategic Market Exposure: This substantial Bitcoin portfolio also provides HIVE Digital with direct and significant exposure to Bitcoin’s price fluctuations. While this introduces a degree of volatility to their balance sheet, it also offers immense upside potential, allowing the company’s valuation to soar during pronounced bull markets, directly benefiting shareholders. The Dynamics of Cryptocurrency Mining in Today’s Market The landscape of cryptocurrency mining is a relentless arena of innovation, constantly reshaped by technological breakthroughs, evolving regulatory frameworks, and the fluctuating economics of energy. Companies like HIVE Digital operate at the vanguard of this demanding industry, where sustained success is inextricably linked to unparalleled efficiency and visionary strategic planning. Sustainability as a Core Pillar: A paramount consideration in modern crypto mining is energy consumption. HIVE Digital has consistently championed its unwavering commitment to harnessing sustainable and green energy sources. This dedication is not merely an environmental statement; it’s a strategic imperative that significantly reduces operational costs, enhances their global reputation, and aligns perfectly with critical ESG (Environmental, Social, and Governance) investment criteria. This focus on clean energy also mitigates regulatory risks associated with high energy usage. Relentless Hardware Innovation: To maintain a competitive edge, mining companies must perpetually invest in the most advanced and energy-efficient mining hardware. This necessitates substantial capital expenditure, a challenge that robust digital asset holdings can effectively help finance, ensuring HIVE remains at the technological forefront. Navigating Halving Events: Bitcoin’s programmed halving events, which periodically halve the block reward for miners, represent a significant operational hurdle. These events fundamentally alter the revenue model. However, companies possessing strong balance sheets, exemplified by HIVE Digital’s asset base, and highly efficient operations are uniquely positioned to weather these periods of reduced revenue. They can often consolidate their market share as less efficient or undercapitalized miners are compelled to exit the industry, making the strong stronger. Navigating the Volatile Crypto Market: HIVE’s Approach The crypto market is famously characterized by its extreme volatility, with asset prices capable of experiencing dramatic swings within remarkably short periods. For an enterprise whose core product and treasury are intrinsically linked to these digital assets, the masterful management of this inherent volatility is not just important—it is existential. HIVE Digital’s substantial holdings are a clear indicator of a meticulously calculated approach to risk management and astute market timing. Sophisticated Treasury Management: It is highly probable that HIVE employs advanced treasury management strategies. These would dictate precise protocols for when to liquidate a portion of mined coins to cover operational expenditures and, crucially, when to strategically hold them for long-term capital appreciation. This dynamic balance is key to optimizing profitability and stability. Prudent Risk Mitigation: While accumulating significant assets offers immense upside potential, it inherently exposes the company to downside risk during market corrections. HIVE Digital’s reported holdings underscore a profound, long-term conviction in Bitcoin’s foundational value. This suggests they are strategically prepared to endure and even capitalize on market downturns, viewing them as opportunities rather than existential threats. Commitment to Transparency: By transparently disclosing their digital asset holdings , HIVE Digital significantly enhances its credibility and builds robust investor confidence. This level of openness is a distinguishing factor in the often opaque crypto space, setting them apart and fostering a stronger relationship with their shareholder base. Beyond the Numbers: The Future of HIVE Digital The announcement of an impressive $181.1 million in digital asset holdings is far more than a mere financial snapshot; it serves as a powerful testament to the strategic direction and ambitious future trajectory of HIVE Digital . This exceptionally strong financial bedrock strategically positions the company for sustained expansion and continuous innovation within the rapidly burgeoning digital economy. Unlocking Expansion Opportunities: Armed with a formidable war chest of digital assets, HIVE Digital is exceptionally well-equipped to pursue a myriad of expansion opportunities. This could manifest as the acquisition of new, high-capacity mining facilities, significant investments in pioneering blockchain technologies, or strategic diversification into other lucrative blockchain-related ventures, such as high-performance computing or AI infrastructure powered by their extensive GPU fleets. Solidifying Industry Leadership: By consistently demonstrating robust financial stability, unwavering operational efficiency, and a crystal-clear long-term vision, HIVE Digital is actively reinforcing its esteemed position as a leading innovator in the global cryptocurrency mining industry. Their steadfast commitment to environmentally responsible and sustainable practices further solidifies this leadership, resonating with a growing segment of environmentally conscious investors and regulators. Elevating Investor Confidence: For current and prospective investors, these substantial holdings send a resounding message: this is a company that is not only generating significant profits from its core mining operations but is also astutely accumulating wealth in the very assets it produces. This deep alignment of interests with the broader success of the crypto ecosystem makes HIVE Digital an attractive proposition for those seeking exposure to the digital asset space. In summation, HIVE Digital Technologies’ impressive disclosure of $181.1 million in digital asset holdings , featuring a substantial 2,201 Bitcoin portfolio , paints a vivid portrait of a meticulously managed and forward-thinking enterprise. This strategic accumulation profoundly underscores their resolute confidence in the enduring value of cryptocurrencies, their exemplary operational efficiency within the challenging cryptocurrency mining sector, and their demonstrated ability to expertly navigate the inherent volatility of the broader crypto market . As HIVE Digital continues its trajectory of innovation and expansion, its robust digital asset base will undoubtedly serve as a pivotal cornerstone for sustained success, cementing its formidable presence in the rapidly evolving digital economy. This strategic move by HIVE Digital is a powerful declaration, signaling the increasing maturity and sophisticated strategic depth emerging within the digital asset investment landscape. To learn more about the latest crypto market trends and Bitcoin portfolio strategies, explore our article on key developments shaping digital asset holdings and their institutional adoption. This post HIVE Digital: Unveiling a Robust $181.1M Digital Asset Portfolio first appeared on BitcoinWorld and is written by Editorial Team
26 Jun 2025, 23:55
BTC.com Mining Pool Drives 98% of Bitcoin Miner Flows to Binance
The BTC.com mining pool currently dominates miner flows to Binance, as it now accounts for nearly 98% of all BTC transfers from miners to the exchange. This trend provides critical insight into miner behavior, according to the latest report by CryptoQuant. Bitcoin Miners Show Patience Historically, BTC.com increases its outflows to Binance when Bitcoin’s price rises, indicating strategic profit-taking at local tops. On the other hand, when flows drop, it reflects growing miner confidence, as they choose to hold their Bitcoin rather than sell. Interestingly, despite Bitcoin trading above $100K in recent months, BTC.com’s flows to Binance have sharply declined. This suggests that miners are anticipating further price appreciation and are reducing selling pressure, potentially supporting a more sustained rally. “Miners are among the smartest players in the market. Watching their moves helps us understand where we are in the cycle.” Zooming out, a deeper look at network-level data reveals a “seasonal” trend. Hash Rate Seasonality The latest development comes as Bitcoin briefly fell below $100,000 this weekend after reports emerged of a US strike on Iranian nuclear sites, dropping to $98,000 in a swift response to geopolitical tensions. However, the dip was short-lived, as the crypto asset rebounded by early Monday. Despite the recent price milestones, Bitcoin’s on-chain transaction fees remain weak, as per the latest observation by Digital Mining Solutions. In 2025, fees have consistently accounted for less than 1% of the total block reward and have failed to offset the halving-induced subsidy cuts. This weak fee environment means miner revenue, or hash price, is tightly correlated to Bitcoin’s price. When BTC falls, hashprice drops nearly in sync, with minimal fee support to cushion the decline. Bitcoin’s network hash rate has been highly volatile this year, and has seen several record highs and sharp drops. It peaked at 950 EH/s in mid-June before plunging to 827 EH/s – a 13% decline. This pattern of surges followed by steep corrections has been consistent, with seasonal factors playing a role. With around half of US mining centered in Texas, heatwaves and energy curtailments in the summer often cause hash rate dips. The post BTC.com Mining Pool Drives 98% of Bitcoin Miner Flows to Binance appeared first on CryptoPotato .
26 Jun 2025, 23:30
Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank
The Russian digital ruble, the nation’s central bank digital currency (CBDC) , will finally launch nationwide on September 1, 2026, the Central Bank claims. The Central Bank says that it expects the largest commercial banks in the nation to start providing their clients with a full range of CBDC transaction options as of September next year. Digital Ruble Rollout: Can Moscow Prevent Further Delays? Its previous statements on the matter would appear to suggest the Central Bank will follow up with an order for smaller and regional banks to follow suit in September 2027. A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second half of summer 2025. #BitcoinMiining #BitcoinPrice https://t.co/nPpvHr4KJ9 — Cryptonews.com (@cryptonews) June 25, 2025 The digital RUB had been slated to launch on July 1 this year. But the Central Bank abruptly postponed the launch “indefinitely” in early March . The bank stunned the public when it initially gave no alternative launch timeline. This led to a flurry of speculation that Moscow was preparing to ditch its CBDC. Others suggested Moscow might push back the rollout to at least 2027 . Some forecasted that the Central Bank would pursue crypto-powered alternatives to the digital ruble. They cited a lukewarm reception for digital RUB plans from both the public and the banking sector. However, the Russian state-run news agency TASS reported that some of the biggest banks in the country are looking forward to the launch. The Russian Central Bank in Moscow. (Source: NVO [CC BY 2.5]) A VTB spokesperson said the megabank was already technologically prepared for the rollout. Sovcombank, meanwhile, said that it would be “completely ready” for customers to make digital RUB transactions by the Central Bank’s deadline. Both banks are currently working with Moscow on the ongoing digital ruble pilot. VTB said that “as the first bank to join the pilot project,” it was “technologically ready” for the launch. It added: “We are interested in providing our clients with access to the latest financial instruments as soon as possible. We expect a wide-reaching digital ruble launch for Russian citizens.” President Donald Trump said that it is possible that Russian President Vladimir Putin has territorial ambitions beyond Ukraine https://t.co/zyOyowqMjB pic.twitter.com/q2zRmeE8ST — Reuters (@Reuters) June 25, 2025 Legislation Heads to State Duma The Central Bank says it has sent a draft bill to the State Duma. It is hoping to rapidly enshrine its demands to the banking sector in Russian law. Lawmakers have previously claimed that the Russian CBDC will be interoperable with the digital currencies issued by other BRICS member states. Some have claimed that it will be put to use in the cross-border trade sector, where it will help Russian traders avoid sanctions regimes. But critics claim that the coin may violate citizens’ privacy rights. They also complain that the digital RUB will be hard to use in more remote parts of Russia, where internet connectivity is often unstable. The post Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank appeared first on Cryptonews .
26 Jun 2025, 22:04
CoreWeave Returns With New $1B+ Bid for Core Scientific After Rejection
CoreWeave is back at the negotiating table with a renewed push to acquire Core Scientific, according to a report from The Wall Street Journal. The AI-focused cloud infrastructure firm is reportedly in advanced talks to buy the Bitcoin mining and hosting giant, after a previous $1 billion bid was rejected last year. Core Scientific Jumps 27% as CoreWeave Reignites Acquisition Talks The earlier offer, made at $5.75 per share, was turned down by Core Scientific’s board, which said the proposal undervalued the company. Since then, Core Scientific’s stock has surged. It jumped more than 27% to $15.67 on Thursday after the report surfaced, briefly triggering a trading halt. The company is now valued at around $3.7 billion, more than double CoreWeave’s earlier bid. *COREWEAVE IN TALKS TO BUY CORE SCIENTIFIC: WSJ Blocks are always moving in the #Bitcoin mining industry. $MNRS Learn more about $MNRS : https://t.co/kCpi8yOYF1 pic.twitter.com/sy9DG1f8dR — Grayscale (@Grayscale) June 26, 2025 Talks are ongoing, and the deal could close within weeks if negotiations continue without major setbacks. So far, the exact terms of the new offer have not been disclosed. Core Scientific operates one of the largest digital infrastructure networks for Bitcoin mining and data hosting in North America. In recent months, it has attracted attention beyond crypto, thanks to the global demand for data center capacity driven by artificial intelligence workloads. The two companies already have a deep relationship. In June last year, Core Scientific signed a series of 12-year contracts to host CoreWeave’s AI operations, supplying hundreds of megawatts of capacity. The agreement is expected to bring in billions in revenue over time and represents Core Scientific’s broader shift toward AI infrastructure. CoreWeave, which went public in March and now holds a market cap of roughly $75 billion, has rapidly scaled its AI infrastructure business. The company rents out access to Nvidia GPUs, often through partnerships with big tech firms. Microsoft alone accounted for over 60% of CoreWeave’s revenue in 2024, with Meta and IBM also among its clients. A successful acquisition would bring Core Scientific’s infrastructure under CoreWeave’s control, forming a major player in both Bitcoin mining and AI compute power. As demand continues to stretch global data center resources, the combination of Core Scientific’s scale and CoreWeave’s AI expertise could prove strategically valuable. Carlos Ramírez, an analyst following the sector, noted the shift. “Core Scientific is no longer just a crypto company,” he said. “Its infrastructure is becoming key to AI growth, and CoreWeave knows it.” While Core Scientific’s shares rallied on the news, CoreWeave’s stock slipped slightly. Market reactions to takeovers often reflect concern over deal execution, especially when integration or financing challenges loom. For now, all eyes remain on the negotiation table as CoreWeave looks to seal what could become one of the largest deals at the intersection of crypto infrastructure and artificial intelligence. Core Scientific Eyes AI Future Amid Revenue Decline, New CoreWeave Offer As CoreWeave returns with a renewed $1 billion-plus offer for Core Scientific, the backdrop tells a story of a mining firm in transition. Back in February, the Bitcoin mining firm secured a $1.2 billion agreement with CoreWeave to boost data center capacity for high-performance computing (HPC), signaling a pivot toward AI infrastructure. The move is expected to drive $360 million in colocation revenue by 2026, offering a buffer as traditional mining revenue comes under pressure. In Q1 2025, Core Scientific posted a net profit of $580 million , up from $210 million a year earlier. But revenue fell short of expectations, dropping to $79.5 million, down from $179.3 million in Q1 2024. @Core_Scientific reported a first-quarter net profit of $580 million for 2025, a sharp increase from $210 million a year earlier. #Bitcoin #Mining https://t.co/a2zHWUsRcs — Cryptonews.com (@cryptonews) May 8, 2025 The slump reflects weaker mining yields after the April 2024 Bitcoin halving and a strategic shift from self-mining to HPC hosting. Self-mining still brought in $67.2 million, but hosted and colocation mining lagged, contributing just $12.4 million combined. Industry-wide, miners are feeling the squeeze. According to CryptoQuant, daily miner revenues dropped to $34 million on June 22 , the lowest since April, due to falling BTC prices and lower transaction fees. Bitcoin miners just saw their worst payday in a year. Daily revenue slipped to $34 million in June, the lowest since April. Falling fees and Bitcoin’s price drop are crushing margins. pic.twitter.com/TXdN06CU1F — CryptoQuant.com (@cryptoquant_com) June 26, 2025 Analysts say miners are now the “most underpaid” they’ve been all year. Meanwhile, sustainability is improving. A Cambridge University study shows that 52.4% of Bitcoin mining now runs on sustainable energy , up from 37.6% in 2022. But uncertainty looms as President Trump’s proposed tax bill threatens to slash incentives for solar and renewable-powered miners, potentially raising energy costs across the sector. The post CoreWeave Returns With New $1B+ Bid for Core Scientific After Rejection appeared first on Cryptonews .
