CMC Crypto News

CleanSpark has appointed Jeffrey Thomas as senior vice president of AI data centers as the company expands beyond Bitcoin mining.

The proposal aims to remove discretion from state purchasing by automating contract processes through blockchain systems.

The Wall Street firm raised its target to $38 from $24, citing improved economics from the miner's decision to develop AI data centers in-house.

House of DOGE characterized the move as groundbreaking for the intersection of traditional sports and digital assets.

The outage affected multiple blockchain networks and trading services, with East Coast users bearing the brunt of the technical difficulties.

The publicly traded crypto exchange launched the Solana Card as an expansion of its credit card suite, which already includes Bitcoin and XRP versions.

The iShares Bitcoin ETP allows U.K.-based retail investors to gain Bitcoin exposure without directly holding the asset or trading on crypto exchanges.

Backers include Ripple, Rippleworks, Pantera Capital, Kraken, GSR, and Ripple co-founder Chris Larsen, according to the press release.

Chairman Tom Lee stated the company aims to eventually reach 5% of total Ethereum supply through continued accumulation.

The price movement demonstrates Musk's continued influence over speculative crypto assets, particularly meme coins that primarily trade on hype and social media momentum.

The substantial sell-side pressure from existing Bitcoin holders remains underappreciated and represents the primary source of current resistance, according to Check.

The difficulty reduction represents a 2.7% decrease from the previous record of 150.8 trillion set during the last adjustment period.

David Duong, head of research at Coinbase Institutional, noted that most survey participants maintain bullish positions on Bitcoin.

Strategy's operational speed surpasses technology, real estate, and oil and gas investments by substantial margins, according to Saylor.

ETH surged 3.6% to reclaim the $4,000 level at $4,036, while BNB advanced 3.91% and XRP gained 3.54%, signaling renewed optimism across the market.

The massive withdrawals coincided with severe price volatility as Bitcoin plummeted from approximately $121,000 on Oct. 10 to around $103,700 by Oct. 17.

The FSA plans to discuss the proposed reforms at an upcoming Financial Services Council meeting, which serves as an advisory body to the Prime Minister.

The surge reflects intensified scrutiny of digital asset tax compliance across the United Kingdom.