Moneyscope

Bitcoin miners’ AI pipelines are on trial as Texas freezes 474 GW of data center requests

Texas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit every data center project seeking a grid connection before regulators approve any new projects. The order puts AI infrastructure tied to Bitcoin miners under scrutiny, while...

Ripple Price Analysis: XRP Struggles Against USDT but BTC Pair Paints a Much Bleaker Picture

XRP is still trading within a long-term bearish structure across both its BTC and USDT pairs. Although sellers have slowed their momentum in recent weeks, the price has yet to reclaim any meaningful resistance. This has left the broader...

Hyperscale Trims Bitcoin Holdings, Still Sits on $61M Stack

Bitcoin Magazine Hyperscale Trims Bitcoin Holdings, Still Sits on $61M Stack After upping its Bitcoin holdings in July, NYSE-listed Hyperscale Data, Inc. on Tuesday announced a sale last week.  The company reported holding 958.5352 Bitcoin as of August 2, worth over $61...

Bitcoin Hits $64K, Yet One Indicator Says It’s Still Very Undervalued

Alongside the US stock market, bitcoin’s price is on the move on Tuesday, jumping to $64,000 for the third time in the past day or so. The question now is whether it will have more success this time. The S&P...

CME freezes Nasdaq’s major Bitcoin launch, warning a legal loophole could upend the entire commodities market

Nasdaq PHLX’s proposed Bitcoin index options remain frozen as CME Group challenges the SEC’s authority to approve them. The Securities and Exchange Commission (SEC) granted CME’s petition on July 29 to review the agency’s May approval of QBTC. The approval had been...

Important Ripple News and XRP Price Update: August 4th

Ripple announced yet another expansion of its institutional digital asset strategy. In fact, the past seven days were rather packed with ecosystem updates. All of it happened as XRP traded near $1.07 following a few unsuccessful recovery attempts, but more...

Coldcard Urges Users to ‘Carefully Move Funds’ as Exploit Losses Mount

Just a few days after admitting to a key vulnerability that left millions and millions worth of BTC in jeopardy, the team behind the self-proclaimed ‘best bitcoin hardware wallet’ published a key message urging users to migrate their funds. Coldcard’s...

Bitmine Buys Another 10,399 ETH, Treasury Nears 5.8 Million Coins

Bitmine Immersion Technologies, the largest global owner of ETH, has continued with its aggressive accumulation strategy by adding 10,399 coins over the past week. Its treasury has consistently increased over the past year and now stands at 5,797,813 ETH –...

Kraken is force-selling 7 delisted tokens into dead markets, warning users insufficient liquidity could result in zero proceeds.

Kraken will begin automatically liquidating seven delisted tokens today, Aug. 3 after closing withdrawals for affected clients. Any PLANCK, AIR, MICHI, FLY, ANLOG, TERM or STRD left on the exchange is due to be sold during a five-day window...

Binance Triggers Major Collapse for These Altcoins: Details Inside

PIVX (PIVX), Vulcan Forged PYR (PYR), and four other lesser-known digital assets have posted substantial losses today (August 3), and the main culprit behind the decline appears to be Binance. Over the past several weeks, the world’s largest crypto exchange...

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Strive Bitcoin Holdings Reach 35,595 BTC As Wall Street Raises Price Target 27%

TL;DR: TD Cowen reportedly raised its Strive share-price target from $44 to $56 after the Bitcoin treasury company expanded...
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