News
26 Mar 2026, 12:58
Hashdex Nasdaq ETF Adds Cardano and Chainlink to XRP and Solana Holdings

Hashdex has widened the scope of its flagship crypto exchange-traded fund, signaling growing confidence in diversified digital asset exposure. The firm’s latest annual filing reveals a strategic shift that reflects both investor demand and evolving regulatory clarity. Consequently, the Hashdex Nasdaq CME Crypto Index ETF now tracks a broader basket of cryptocurrencies, positioning itself more competitively in a rapidly expanding ETF market. Broader Portfolio Signals Strategic Shift Hashdex launched the ETF in late 2025 with five core digital assets. These included Bitcoin, Ether, XRP, Solana, and Stellar. However, the latest filing confirms the addition of Cardano and Chainlink before year-end. As a result, the fund now tracks seven major cryptocurrencies. Moreover, this expansion highlights a deliberate move toward diversification. Investors increasingly seek exposure beyond Bitcoin and Ether. Hence, including Cardano and Chainlink strengthens the ETF’s appeal to a wider audience. The updated structure also aligns with broader market trends favoring multi-asset crypto products. The filing further reports total net assets of $1.213 billion by December 31. Additionally, the ETF recorded a net asset value of $22.71 per share. Its market price closely matched that figure, indicating efficient price tracking. Competitive Landscape Heats Up The ETF’s expansion comes amid rising competition in the crypto investment space. Significantly, regulatory approval in late 2025 opened doors for multiple asset managers. Consequently, firms rushed to launch or convert products into ETF structures. Moreover, established players have already secured strong positions. Bitwise converted its flagship fund into an ETF and now leads the segment by assets. Similarly, Grayscale transitioned its large-cap crypto fund into an ETF format earlier in 2025. Additionally, Franklin Templeton entered the market with a Bitcoin and Ether-focused offering. Therefore, Hashdex’s move reflects both opportunity and pressure. The firm must innovate to remain competitive in a crowded field. Solana Price Faces Technical Pressure Meanwhile, Solana has experienced short-term price weakness despite broader ETF developments. The asset as of press time trades at $87.54, marking a daily decline of over 5% . It also slipped more than 2% over the past week. According to ChiefraT, Solana continues to form a rising wedge pattern. This structure often signals weakening upward momentum. However, buyers still defend support near the $86 to $88 range. Additionally, the $90 to $92 zone now acts as a key pivot level. If the price holds above this range, it may test resistance between $96 and $98. However, failure near resistance could trigger a decline toward $84.
26 Mar 2026, 12:55
Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount

Marathon Digital sold over 15,000 bitcoins, earning about $1.1 billion in early March. The proceeds funded discounted buybacks of $1 billion in convertible bonds due 2030 and 2031. Continue Reading: Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount The post Marathon Digital Sheds Bitcoin Holdings to Repurchase Bonds at Discount appeared first on COINTURK NEWS .
26 Mar 2026, 12:55
AI Job Loss Crisis: Senator’s Bold Plan to Tax Data Centers for Worker Protection

BitcoinWorld AI Job Loss Crisis: Senator’s Bold Plan to Tax Data Centers for Worker Protection WASHINGTON, D.C. — November 4, 2025: As artificial intelligence accelerates workplace transformation, U.S. Senator Mark Warner (D-VA) proposes a controversial solution to the growing AI job loss crisis. His plan targets the very infrastructure powering the AI revolution: massive data centers. Warner suggests implementing special taxes on these facilities to fund worker retraining and community support programs. The Growing Evidence of AI Job Displacement Multiple indicators now signal significant workforce disruption. Entry-level job postings across the United States have plummeted 35% since 2023. Major technology companies have conducted successive rounds of layoffs. Even AI industry leaders publicly warn about coming employment challenges. At Wednesday’s Axios AI Summit in Washington, Warner revealed concerning conversations with industry insiders. A prominent venture capitalist told the senator he’s writing software investments down to zero. This decision stems largely from Anthropic’s Claude AI capabilities. Meanwhile, a major law firm disclosed it’s no longer hiring first-year associates. AI systems now handle much work traditionally assigned to junior lawyers. Warner describes the fear of AI-related job loss as “palpable” throughout the economy. Data Center Taxation: A Proposed Solution Senator Warner’s proposal emerges as public anxiety intensifies. He suggests taxing data centers that power the AI boom. Revenue would assist workers through economic transition periods. Although Warner hasn’t introduced formal legislation, the concept gains urgency. Public resentment toward AI and data centers continues growing nationwide. “I’ve thought for a long time there’s an obligation from the industry to help figure this out and help pay for it,” Warner told Bitcoin World. “One of the questions I was asking was, Who should pay? Should it be the chip makers, Jensen [Huang, Nvidia’s CEO]? Should it be the large language model companies?” Warner concluded the “easiest place to extract the pound of flesh is probably going to be from the data centers.” This approach could fund nursing training programs or AI upskilling initiatives. Warner emphasizes the need for “tangible benefit to communities” navigating this economic transition. Community Resistance and Legislative Responses Across America, communities increasingly resist data center expansion. Concerns focus on noise pollution, environmental impact, and rising electricity costs. Underlying these practical issues simmers deeper resentment. Communities question why they should bear costs for technology that might eliminate local jobs. On Wednesday, Senator Bernie Sanders (D-VT) and Representative Alexandria Ocasio-Cortez (D-NY) introduced legislation calling for a data center moratorium. Warner doesn’t plan to support this bill. He argues a moratorium would simply accelerate China’s technological advancement. “This is one where we can’t lose,” Warner stated during the summit. Historical Precedents and Implementation Models Warner’s proposal isn’t without precedent. He points to Henrico County, Virginia as a successful model. The county used tax revenue from a local data center to launch affordable housing projects. This approach demonstrates how communities can extract value from technological infrastructure. The senator believes connecting data centers to tangible community benefits is essential. Without this connection, he warns, “the pitchforks are coming out.” Public sentiment supports this assessment. A recent NBC News poll reveals AI has lower public approval than Immigration and Customs Enforcement (ICE). Key Statistics on Public Perception: 46% of registered voters view AI negatively Only 26% view AI positively Virginia considers repealing data center tax breaks Tax breaks cost Virginia nearly $2 billion annually The Economic Balancing Act Warner’s approach attempts balancing competing priorities. America must build data centers to maintain technological competitiveness. Simultaneously, communities deserve compensation for hosting these facilities. The senator advocates strict requirements preventing data centers from passing water and power costs to residents. Virginia’s situation illustrates the policy challenge. The state hosts one of the world’s largest data center markets. Proposed legislation would repeal generous tax breaks for data center construction. Warner predicts other states might follow Virginia’s lead if this legislation passes. Industry Perspectives and Economic Realities Data from some AI companies suggests AI hasn’t yet caused significant job losses. However, Warner notes the fear itself creates economic consequences. Businesses hesitate to hire amid uncertainty about AI’s capabilities. This caution exacerbates employment challenges even before widespread automation occurs. The technology sector faces complex questions about responsibility. Should AI developers fund retraining programs? Should companies using AI tools contribute to transition funds? Warner’s data center tax proposal offers one potential answer. It targets infrastructure benefiting from AI expansion while creating community revenue streams. Comparative Policy Approaches Policy Approach Key Feature Potential Impact Data Center Taxation Tax revenue funds worker programs Direct community benefit Moratorium Proposal Pauses new data center construction Slows AI infrastructure growth Tax Break Repeal Eliminates corporate incentives Increases state revenue Industry Self-Funding Voluntary corporate programs Limited scale and enforcement Conclusion Senator Mark Warner’s data center tax proposal represents a pragmatic response to the AI job loss crisis. It acknowledges America’s need for AI infrastructure while addressing legitimate community concerns. The approach leverages existing economic structures to fund worker transition programs. As AI continues transforming workplaces, such policy innovations will become increasingly crucial. Warner’s plan demonstrates how targeted taxation might balance technological progress with workforce protection. The coming months will reveal whether this proposal gains legislative traction amid growing AI job displacement fears. FAQs Q1: What specific AI job losses is Senator Warner addressing? Warner focuses on displacement across multiple sectors, particularly entry-level positions in law, software, and professional services where AI automation advances most rapidly. Q2: How would data center tax revenue actually help displaced workers? Funds would support retraining programs, AI upskilling initiatives, and community transition services, creating tangible benefits for affected workers and regions. Q3: Why target data centers instead of AI companies directly? Data centers represent tangible, localized infrastructure that communities already host, making taxation administratively practical and directly connecting benefits to affected areas. Q4: What’s the timeline for Warner’s proposed legislation? The senator hasn’t introduced formal legislation yet but indicates growing urgency as AI displacement evidence accumulates and community resistance intensifies. Q5: How does this proposal differ from the Sanders-Ocasio-Cortez moratorium? Warner’s approach allows continued data center development while extracting community benefits, whereas the moratorium would pause construction entirely over environmental and social concerns. This post AI Job Loss Crisis: Senator’s Bold Plan to Tax Data Centers for Worker Protection first appeared on BitcoinWorld .
26 Mar 2026, 12:52
Nvidia Faces Class Action Over Crypto Mining Revenue Disclosure Gaps

Nvidia is being sued for hiding how much of its gaming GPU revenue came from crypto miners. The class action covers fiscal 2018, a period when quarterly revenue surged 52% and 25% year-over-year. Shareholders allege the company deliberately obscured the fact that Ethereum mining demand was driving those numbers, not gaming. The stakes extend beyond Nvidia. As the primary infrastructure-layer supplier to the GPU mining ecosystem, any regulatory cloud over its disclosure practices ripples into how investors price exposure across the entire supply chain. Now the Supreme Court has entered the picture. It is reviewing the 9th Circuit’s decision allowing the suit to proceed, turning a corporate disclosure dispute into a potential landmark ruling on securities pleading standards. This just got a lot bigger than one company’s accounting. Key Takeaways: Case detail: Nvidia settled a parallel SEC enforcement action in May 2022 for $5.5 million after regulators found it failed to disclose crypto mining’s material impact on gaming GPU revenue in fiscal Q2 and Q3 2018. Legal mechanism: The class action turns on PSLRA pleading standards — plaintiffs lack internal documents proving CEO Jensen Huang knew exact mining revenue shares, but argue employee-level crypto trend tracking constitutes constructive knowledge sufficient to survive dismissal. Market implication: A Supreme Court ruling that loosens PSLRA pleading thresholds would expand litigation exposure for any public company with material crypto-derived revenue — a direct risk vector for mining hardware suppliers and adjacent equities. The Allegation: Crypto Revenue Classified as Gaming Demand Nvidia told investors its gaming GPU revenue growth reflected gamer demand. It did not. Cryptocurrency miners were bulk-buying GeForce cards to mine Ethereum during the 2017 boom cycle. When Bitcoin crashed in 2018 and mining economics collapsed, GPU demand evaporated and gaming revenue fell sharply. The revenue base was never what Nvidia said it was. A U.S. federal court ruled that a lawsuit against Nvidia and CEO Jensen Huang over alleged concealment of crypto mining-related GPU revenue can proceed as a class action, covering investors between Aug. 10, 2017 and Nov. 15, 2018; plaintiffs claim Nvidia hid over $1 billion in… pic.twitter.com/fIv50rmP9J — Wu Blockchain (@WuBlockchain) March 26, 2026 The internal awareness is what makes this difficult to defend. During the 2 quarters with 52% and 25% year-over-year spikes, Nvidia’s own employees were actively tracking crypto market trends and their correlation with GPU sales. Plaintiffs argue that makes executive statements attributing growth to gaming not just incomplete but knowingly misleading. Nvidia’s own Q4 FY2019 results did the damage retroactively. The company explicitly linked the gaming and OEM revenue decline to cryptocurrency mining downturns. That admission directly contradicts the earlier framing. The SEC already agreed something went wrong. Enforcement Division Crypto Assets and Cyber Unit Chief Kristina Littman stated that Nvidia’s disclosure failures deprived investors of critical information to evaluate the company’s business in a key market. Nvidia paid $5.5 million and signed a cease-and-desist without admitting wrongdoing. That settlement structure is the core of the civil case now. Nvidia preserved its technical defense by not admitting fault. But the SEC finding functionally validates the factual allegation. The class action is not relitigating whether the disclosure failure happened. It is litigating who bears the financial consequences. The Strategic Signal: Infrastructure-Layer Risk for Mining Markets Nvidia supplies the dominant share of discrete GPUs used in proof-of-work mining operations. Mining companies — whether publicly listed operators or sovereign-scale entities like Bhutan’s state mining program liquidating Bitcoin holdings into Binance — depend on Nvidia hardware pricing and availability as a primary cost input. Any sustained legal or regulatory uncertainty over Nvidia’s disclosure practices introduces a new variable into GPU procurement planning and equity valuation models for mining-adjacent companies. The channel through which the lawsuit affects sentiment is investor trust, not GPU pricing directly. If the Supreme Court tightens PSLRA standards and dismisses the case, it effectively insulates tech companies from class actions built on circumstantial inference, reducing securities litigation risk across the sector. If the Court upholds the 9th Circuit and the class action proceeds to discovery, plaintiffs gain access to internal communications, which historically is where these cases settle expensively. Mining equities like Bitmine, currently accumulating ETH as a strategic reserve asset , carry indirect exposure through Nvidia’s role as GPU supplier — a guilty verdict or major settlement reframes how the market prices crypto-hardware dependency risk across the board. Ethereum’s Merge in September 2022 already eliminated GPU-based ETH mining as a demand driver, and Nvidia’s 2021 launch of dedicated Cryptocurrency Mining Processor (CMP) products with hash rate limiters on GeForce cards was a deliberate structural separation of markets. The litigation relitigates a period that no longer operationally exists — but the precedent it sets for revenue source disclosure requirements is entirely forward-looking. Discover: The best crypto to diversify your portfolio with The post Nvidia Faces Class Action Over Crypto Mining Revenue Disclosure Gaps appeared first on Cryptonews .
26 Mar 2026, 12:50
1 in 4 institutions plan XRP exposure in 2026, data shows

The share of institutional investors allocated to XRP is set to rise from 18% in January 2026 to 25% by year-end, based on a survey of 351 entities. With surging demand for the XRP Ledger ( XRPL ) as of March 26, institutional allocation of its native token XRP is expected to climb by 39% in 2026, per a survey released March 18 by Coinbase Global and EY-Parthenon Institutional Investor Digital Assets. Coinbase report on institutional crypto allocation in 2026. Source: Coinbase Despite the projected growth in XRP’s institutional adoption in the coming months, the altcoin still ranks fifth among other cryptocurrencies by planned 2026 allocation. Bitcoin ( B T C ) retains the top position, although planned exposure of 91% is modestly lower than its January 2026 reading of 94%. Why are more institutional investors betting on XRP in 2026? More institutional investors are seeking to buy XRP in the coming months due to the token’s robust fundamentals. As a large-cap asset with a market capitalization of approximately $84.2 billion at the time of publication, XRP benefits from broad exchange liquidity and the rising real-world use cases of the XRPL network. Furthermore, the token’s recent launch of several spot XRP exchange-traded funds (ETFs) in the United States has created a regulated access point for the token. Additionally, regulatory clarity for the token has also improved significantly since President Donald Trump took office in early 2025, whereby Ripple Labs’ ongoing engagement with U.S. and international regulators has reduced legal uncertainty around XRP’s classification. Meanwhile, the rising odds of the Clarity Act – a bill in the United States seeking to legalize the crypto industry – passing in the near future is reason for institutions to seek to capitalize on XRP via buying the rumor and selling on the news. Taken together, the data suggest institutional appetite for altcoins is broadening beyond Bitcoin and Ethereum . The post 1 in 4 institutions plan XRP exposure in 2026, data shows appeared first on Finbold .
26 Mar 2026, 12:49
Institutional Bitcoin Flows Shift As Fidelity Spurs Uptick And Market Eyes $60K Support

Fidelity’s large Bitcoin ETF inflow ended a multi-week period of sector outflows. Mixed activity across top ETFs reflects divergent institutional sentiment in recent trading. Continue Reading: Institutional Bitcoin Flows Shift As Fidelity Spurs Uptick And Market Eyes $60K Support The post Institutional Bitcoin Flows Shift As Fidelity Spurs Uptick And Market Eyes $60K Support appeared first on COINTURK NEWS .











































