Crypto News

Hive Digital Technologies (HIVE) agreed to buy a site in Paraguay from fellow bitcoin miner Bitfarms (BITF) for a total of $85 million including assumed obligations.The acquisition of the site in Yguazú, Paraguay will more than triple Hive's hashrate to 25 exahash per second (Eh/s) by September, Hive said Tuesday.It will pay a total of $56 million for the site, reimburse $19 million of deposits for power-purchase commitments and another $10 million for "remaining capital obligations," Bitfarms said in a separate statement. Hive estimated that developing the locate into a 200 MW site to be $400,000 per MW. HIVE shares, which fell over 10% to $2.78 on Monday amid the DeepSeek-related sell-off in both crypto and equity markets, are trading...

The Trump Administration has debuted the use of one of its strongest weapons, the spending power of the American people, against Colombia. With a sweeping tariffs announcement, Trump compelled the Colombian government to accept repatriation flights, ending a 1-day crisis swiftly. Tariffs, Tariffs, Tariffs: Trump’s ‘Tradefare’ Weapon to End Colombia’s Deportee Crisis The Trump AdministrationSource link

Metaplanet (3350), the Japanese hotel investor, has announced the largest capital raise in Asian equity market history to buy bitcoin (BTC).Metaplanet has issued 21 million shares through 0% discount moving strike warrants, raising approximately 116 billion yen ($745 million). This allows holders to buy shares at an exercise price equal to the market price, minimizing dilution for existing shareholders.The issuance is part of the company's "Bitcoin-first, Bitcoin-only" strategy, which aligns with its plans to continue increasing its bitcoin holdings amidst the yen's devaluation and Bitcoin's all-time high. The stock acquisition rights were issued at 363 yen per unit ($2.33) and have adjustable exercise prices based on market value.Metaplanet is the fifteenth largest publicly traded bitcoin holder, with 1,762 BTC. It closed...

A very high number of AI agents and their corresponding tokens have failed and this may likely because many lack real-world applications and value. Experts say this winnows out weak projects and is actually a good sign for the future of AI agents. High Failure Rate for AI Agents Not Unusual The alarmingly high numberSource link

Exchange-traded fund (ETF) provider Tuttle Capital Management is “testing the waters” of the crypto-friendly Trump administration with ten 2x leveraged ETF proposals to the U.S. Securities and Exchange Commission (SEC) on Monday, including those tracking Donald and Melania Trump’s official memecoins.Tuttle proposed the first-ever ETFs tracking 200% returns of the following tokens: Chainlink (LINK), Cardano (ADA), Polkadot (DOT), Melania (MELANIA), XRP (XRP), Bonk (BONK), Solana (SOL), Litecoin (LTC), and Trump (TRUMP).The daily performance returns of these tokens will be tracked and generated through swaps, call options, and direct investments, per the filing. However, investors are at the chance of losing their entire capital should prices drop significantly due to the leveraged nature of these products.“Using leverage amplifies returns but also...