Author: John Smith
Core Scientific sold $208 million in bitcoin in Q1 2026 to fund its shift to AI data center operations, as colocation revenue surpassed mining for the first time. Summary Core Scientific sold 2,385 BTC for $208.3 million in Q1 to fund capital expenditure tied to its AI pivot. Colocation revenue surged to $77.5 million while mining revenue fell to $30.1 million, making AI its largest business line. The company reported a $347.2 million net loss, driven primarily by $266.5 million in non-cash impairment charges on mining assets. Core Scientific sold 2,385 bitcoin for $208.3 million in the first quarter of…
Summary Pi Network (PI) is trading around $0.18 today, with most major trackers clustering the live price near the 0.178–0.180 dollar range and 24‑hour volume around $25–35 million. The token is sitting slightly below its 200‑day moving average near $0.196–0.20 and broadly flat to down on the week, reinforcing a sideways-to-soft bias rather than a clean bullish impulse. Technical models and prediction engines mostly see PI drifting lower or chopping sideways through the rest of 2026, with end‑2026 targets clustered around $0.13–0.18. In the near term, price action is dominated by speculative trading on CEX “IOU” markets and uncertainty over Pi’s fully…
Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slipped back under $81,000, reviving comparisons with the March 2022 breakout that quickly reversed into a deep selloff. Summary Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slid back below $81,000, triggering comparisons with the failed breakout of March 2022. The CoinDesk Smart Contract Platform Index fell more than 2% in 24 hours, making it the weakest major sector, as broader crypto risk appetite softened. Analysts at Marex and FxPro say the uptrend is intact but warn that spot demand, exchange supply, derivatives positioning,…
Solana price rallied nearly 8% over the past week but faced resistance at $90 on Thursday. Can the token finally break past the key psychological barrier with a bullish MACD crossover approaching? Summary Solana price climbed nearly 9% over the past week but continued to face strong resistance near the $90 level. Technical indicators showed improving momentum, with a bullish MACD crossover approaching and Aroon Up signaling strengthening buyer control. A breakout above $90 could open the door toward the $97–$100 range, while failure to hold above $85 may trigger a retest of support near $80. According to data from…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BlockchainFX gains momentum as investors seek utility-focused crypto presales in the 2026 market. Summary Institutional inflows and Bitcoin’s rally are boosting interest in presales like BlockchainFX. BlockchainFX gains momentum with $14.4M raised and a nearing $15M launch trigger. As institutional capital reshapes crypto markets, BlockchainFX attracts attention for utility and upcoming exchange listings. The digital asset sector is undergoing a significant structural shift as institutional capital establishes a new floor for the broader market. While Bitcoin captures headlines with…
Swiss crypto bank AMINA has become the first FINMA-regulated lender to offer custody and trading support for Canton Coin. Summary AMINA has become the first FINMA-regulated bank to support Canton Coin trading and custody services. Institutional clients can now access the Canton Network infrastructure through a regulated Swiss banking platform. According to AMINA, the new integration gives clients regulated access to the Canton Network, a blockchain built for capital markets activity such as tokenized assets, collateral management, repo transactions, and settlement. Digital Asset developed the network, while backers include the Depository Trust & Clearing Corporation, Visa, BitGo, Goldman Sachs, and…
Samsung SDS has reportedly won a contract to build and operate a token securities platform for the Korea Securities Depository. Summary Samsung SDS will turn KSD’s token securities testbed into a production-ready blockchain platform by 2027. South Korea’s new rules will recognize distributed ledgers as legal securities registries under KSD oversight. The project aligns Samsung’s blockchain infrastructure role with Korea’s tokenized asset market launch timeline ahead. The project brings South Korea closer to running blockchain-based securities infrastructure before new rules take effect in 2027. The platform is expected to be completed by February 2027. It will move KSD’s earlier testbed…
Erik Reppel said at Consensus Miami 2026 that AI agents bypass internet ads entirely, threatening the web’s core business model and pointing to x402 stablecoin micropayments as the structural replacement. Summary Coinbase Developer Platform head Erik Reppel told Consensus Miami that autonomous AI agents do not interact with online advertising, breaking the internet’s foundational revenue model. Reppel cited estimates projecting the agentic economy could reach between $3 trillion and $5 trillion by 2030, arguing this shift will displace ad-funded content at scale. He argued that x402, a Coinbase-backed protocol for stablecoin micropayments, could replace advertising as the primary way web…
Fairshake has spent $28 million in 2026 primaries as a new poll shows most Americans distrust crypto and AI, raising questions about the political value of industry-backed super PAC money. Summary Fairshake and pro-AI PAC Leading the Future have together spent over $100 million in 2026 midterm races, according to federal filings and published reporting. A Public First poll for Politico in April found 45% of Americans say investing in crypto is too risky, and 44% say AI is developing too fast. Only 3% of survey respondents recognise Fairshake by name, but analysts warn backlash could be swift once voters…
Box Elder County commissioners approved Kevin O’Leary’s 9GW Stratos AI campus in Utah on May 4, amid loud public protests from hundreds of local residents. Summary Kevin O’Leary’s Stratos project, a 40,000-acre AI campus in Utah, received county approval on May 4 despite strong community opposition over water, energy, and environmental concerns. The campus will generate up to 9 gigawatts at full buildout, more than twice Utah’s current total electricity consumption, powered by an on-site natural gas pipeline. O’Leary framed the project as a direct response to China building 400 gigawatts of AI-capable power over the past two years, calling…
