Section
AI x Crypto
Where artificial intelligence meets blockchain and token incentives.
Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
$500M Mystery Seller: Who’s Dumping Data-Center Loans After AI Stock Crash?
A mystery seller is dumping $500M in data center loans, including Stargate debt, as AI stocks crash. Bids close Nov. 19. The post $500M Mystery Seller: Who’s Dumping Data-Center Loans After AI Stock Crash? appeared first on BeInCrypto.
American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI
The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.
Bitcoin crashes below $76,000 as AI bubble fears wipe $2.5 trillion from Wall Street
Technology stocks plunged after the Democratic midterm sweep intensified concerns over AI spending, dragging Bitcoin lower as leveraged traders suffered heavy losses. Bitcoin hit an intraday low of $75,568 on Thursday and recovered to $76,830.67 as of press…
Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
S&P 500 Plunges, Wall Street Fears Circuit Breaker, Just One Day After Trump Celebrated Record Highs
A day after Trump celebrated stock market records, the S&P 500 sank 3.8%, putting emergency trading halts in focus as AI stocks dragged Wall Street sharply lower during Thursday trading.
Keel Infrastructure Dumps Entire Bitcoin Treasury for $192M as Mining Exit Accelerates
Former bitcoin mining company Keel Infrastructure sold its entire BTC treasury during the third quarter, generating $192 million in proceeds as it accelerates its transition into artificial intelligence (AI) infrastructure amid a broader sell-off in mining…
Why Is the US Stock Market Crashing? 3 Reasons Behind the $2 Trillion Wipeout
US stocks lost $2 trillion in an hour. Here are the 3 reasons chip and AI stocks are crashing, and what comes next. The post Why Is the US Stock Market Crashing? 3 Reasons Behind the $2 Trillion Wipeout appeared first on BeInCrypto.
Bitcoin Mining Stocks Plunge 35% as VanEck Sees Oversold Opportunity
Bitcoin mining stocks expanding into AI data center infrastructure dropped an average of 35% in October. VanEck believes the selloff was excessive, arguing that market fears have pushed valuations below what existing business fundamentals would justify.…
Sam Altman Says It's 'Fucking Annoying' His RAM Comments Were Taken Out of Context
The OpenAI CEO briefly renamed himself "Ram Altman" on X after Elon Musk mocked him for saying idle home PC memory is "quite terrible."
Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agent-building platform VeWorld.ai.
Can decentralized phone networks power the AI revolution?
Decentralized AI networks want to turn everyday phones into an alternative to centralized computing infrastructure — but skeptics have their doubts.