IREN, the company formerly known as Iris Energy, is looking to raise $2 billion through convertible notes to bankroll what might be one of the most ambitious pivots in the crypto-adjacent infrastructure world. The funds will go toward data center expansion, AI infrastructure buildout, debt repayment, and general corporate purposes. The offering is split into…
Bitcoin price is trading at $81,000, up by nothing despite the collapse of US-Iran peace talks that sent prediction and sentiment back below the bullish line. when President Trump rejected Iran’s latest proposal as “totally unacceptable.” Oil prices surged by 5%, the US dollar index (DXY) climbed above 98, and risk assets from stocks to…
Some market watchers see the recent recovery as the beginning of expansion, while others view it as exit liquidity. Pseudonymous crypto analyst Doctor Profit is predicting a steep Bitcoin (BTC) correction after the asset reclaimed the $82,000 level, warning that retail buyers flooding back into the market are walking into a trap. In a…
Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Summary Bitmine bought 26,659 ETH last week, worth roughly $63 million, down from over 100,000 ETH in each of the prior three weekly periods. Tom Lee said the previous pace would have taken Bitmine to…
Around 75 OpenAI employees just became decamillionaires in a single transaction. Each sold the maximum allowed, $30M worth of shares, in a tender offer that let over 600 employees collectively offload roughly $6.6B in stock. The mechanics of a $6.6B payday The tender offer took place in October 2025, when OpenAI’s valuation had ballooned to…
Bitcoin price has been pinned between $77,899 and $80,339 for weeks. Retail sees a dead chart. But historically, this kind of BTC consolidation is exactly when altcoin start moving and starts its season. The mechanism is called crypto capital rotation. The total crypto market is one pool of money. When Bitcoin surges, everyone piles in…
TRX’s latest upward momentum appears increasingly disconnected from actual blockchain usage and transaction activity levels. Tron’s (TRX) performance so far in 2026 has been solid. In the past five months alone, the crypto asset has climbed more than 23%. Despite this, new data suggests that it faces correction risks. According to CryptoQuant, TRX is…
Base Azul is set to go live on mainnet May 13, bringing a multiproof security system to the Coinbase Layer 2. Summary Base Azul combines trusted execution environment proofs with zero-knowledge proofs, allowing either method to finalize proposals independently. When both proof systems agree, withdrawal finality can fall to as little as one day, a…
Americans for Responsible Innovation urged the Trump administration to require security reviews for frontier AI models before public release, warning that advanced systems could accelerate cyberattacks and create national security risks. The advocacy group said AI developers should have to pass federal reviews to remain eligible for lucrative government contracts, according to Reuters. The proposed…
Bitcoin price is holding above $80,000 as prediction markets price a Russia-Ukraine ceasefire at near-certainty, and the question of whether that signal is real or a diplomatic mirage is now the single most important variable in the crypto market analysis. At the time of writing, BTC USD is trading at $80,600, up roughly +0.2% over…
