Bitmine Makes Ethereum King, Turns 98% of Revenue Into Staking Windfall

Bitmine Immersion Technologies Inc. generated $45.7 million from ethereum staking during the third quarter of fiscal year 2026, marking a fundamental shift in the firm’s corporate operating model. The publicly traded blockchain infrastructure company filed its Form 10-Q with the U.S. Securities and Exchange Commission (SEC), detailing financial results for the period ending May 31, … Read more

Bitcoin Blasts Past $65K as Soft Inflation Ignites Stocks, Gold and Crypto

Bitcoin broke above $65,000 on Wednesday morning at 8:30 a.m. EDT, after a softer-than-expected U.S. producer price report lifted stock futures, crypto, and gold, even as Middle East supply fears kept oil prices near multi-year highs. Producer Prices Cool, Fed Bets Shift The Bureau of Labor Statistics released the June Producer Price Index (PPI) at … Read more

Fort Knox Standoff: Treasury Secretary Bessent Says All the Gold Is There, Skeptics Demand an Audit

Treasury Secretary Scott Bessent said the entire U.S. gold stockpile at Fort Knox and other federal vaults remains present and accounted for, pushing back on years of public doubt about America’s bullion reserves. Bessent Breaks Down the Vault Bessent commented during a Fox News interview, where he walked through the history of U.S. currency backing … Read more

Coinbase Says AI Now Writes 95–100% of Its Code: The Math Behind ‘1,200 Digital Workers’

Coinbase Head of Platform Rob Witoff says 95% to 100% of the exchange’s code is now written by or with artificial intelligence (AI), with agents doing the work of roughly 1,200 employees. The figure has more than doubled from 40% in February.   Pointing Toward a Scary but Imminent Reality Witoff detailed the shift in … Read more

Glassnode: Hyperliquid Bitcoin Longs Just Topped Levels From Q2’s $83K Run

Top traders on Hyperliquid are running some of the most aggressive bitcoin long positioning ever recorded by Glassnode, exceeding levels seen during the last run toward $83,000. A New Record Onchain analytics firm Glassnode revealed on Wednesday that leveraged traders on the decentralized exchange ( DEX) have built exposure that now exceeds anything the firm … Read more

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