Author: admin

In brief Bitmine chairman Tom Lee said at Token2049 the company will stop buying Ethereum once it holds 5% of circulating supply. Bitmine holds 6,016,414 ETH (about 4.9% of supply) and has bought weekly since June 2025, providing steady demand whose end removes a persistent buyer. The firm sits on roughly $4.5 billion in unrealized losses, having accumulated much of its stash at higher bull-market prices. Bitmine Immersion Technologies is about to take its foot off the gas. Chairman Tom Lee said the company will halt its Ethereum buying once its holdings reach 5% of the token’s circulating supply, drawing…

Hayes leaves room for an AI bull case, arguing stronger demand within a year could make AI infrastructure companies more profitable overall. Arthur Hayes, the former BitMEX CEO and co-founder of crypto investment firm Maelstrom, told CNBC at the Gamma Prime Investing Conference in Singapore that humanity is “wasting multi-trillion dollars” on AI data centers. His bet is that the overbuilding ends in a crash and a bailout, and that Bitcoin and other crypto absorb the money that follows. Overbuilt, Then Bailed Out The buildout, he argued, will leave computing power “extremely cheap and extremely plentiful.” “If you study financial…

Bucharest is getting a big AI event. On November 1 and 2, AI Expo Europe lands in Romania with more than 100 speakers, 14 live demos, and a ticket list that already cleared 3,200 paid attendees from last year’s edition. Why It MattersThe AI Expo Europe underscores the growing intersection of artificial intelligence and various sectors, including crypto, highlighting the increasing recognition of AI’s role in enhancing blockchain technologies and related applications. As major players in both AI and crypto converge, the event reflects a broader trend of collaboration and innovation that could drive advancements in decentralized finance and other…

More than 40% of Tangem Pay payments come from Latin America and over 30% from the US, while physical card availability remains restricted in some markets, the Swiss crypto wallet provider told Cointelegraph.“It is not simply a question of where people want crypto cards,” Andrey Ilinskiy, head of Tangem Pay, told Cointelegraph, adding: “It is where demand, regulation, banking infrastructure and card-issuing requirements happen to line up — and today, those maps do not always overlap.”On Wednesday, Tangem announced its first physical Visa card for in-store and online purchases and ATM withdrawals, with an initial release limited to 5,000 cards.The…

TL;DR Fairshake has named 32 U.S. House candidates it plans to support ahead of the November midterms. Six races are receiving $1 million in outside spending each, for an initial disclosed commitment of $6 million. The slate is bipartisan, with 19 Republicans and 13 Democrats, and the money is spent independently rather than handed directly to candidates. Crypto’s largest political spending network is moving into the general election with a broad House campaign. Fairshake has identified 32 incumbent candidates it plans to support, split between 19 Republicans and 13 Democrats. Six of those races are receiving an initial $1 million…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Washington, D.C., October 7, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education related to emerging technologies, announced today that its white paper, “Modern Foundations of Personal Finance: Literacy and Infrastructure in the Digital…

Cryptocurrency trading is becoming a game of “irrational exuberance” as traders race to be among the earliest investors to find the next 100x token, according to Shayne Coplan, the CEO of prediction market platform Polymarket.“People think they’re buying something, it’s worthless, but they’re buying it. If it can go to 100X, they want to sell it before it goes back to zero,” said Coplan during a fireside chat at Token2049 Singapore on Wednesday. Coplan said that some traders can generate significant wealth through this strategy, but added that it is a “game of irrational exuberance and hot potato” where asset prices…

Hong Kong, Hong Kong, October 6th, 2026, Chainwire ASICID Inc. has released its IDMINER Series, a new lineup of cryptocurrency mining systems designed for Bitcoin, Litecoin, and Dogecoin mining. The series includes the IDMINER HomeRack, IDMINER 2 and IDMINER 1, with configurations ranging from 1,150 TH/s to 9,600 TH/s of Bitcoin hashrate and from 350 GH/s to 3,200 GH/s of Litecoin and Dogecoin hashrate. The three models are designed for different mining setups, from individual and home miners to professional and larger-scale operators. IDMINER Series Specifications IDMINER HomeRack Bitcoin hashrate: 9,600 TH/s Litecoin/Dogecoin hashrate: 3,200 GH/s Power configuration: 4 ×…

Singapore, Singapore, October 6th, 2026, Chainwire Multi-chain stablecoin wallet combines simpler transfers, flexible gas-fee options, security features, and practical use cases with one ambition: to become the world’s easiest stablecoin wallet. Changer+ today announced the launch of its self-custodial stablecoin wallet, built to make holding, moving and using stablecoins simpler. Changer+ supports major stablecoins including USDT and USDC across Ethereum, TRON, BNB Chain and Solana, with more networks and stablecoins planned. To celebrate its launch, Changer+ is offering new users three free transactions per device on each chain – Ethereum, Solana, and BNB Chain from October 6 to November 6, 2026.…

Bitmine owns 4.9% of the total ETH coin supply of 122.1 million Bitmine is 99% of the way to the ‘Alchemy of 5%’ in just 15 months Tom Lee to deliver the keynote at Token2049 on October 7, 2026 in Singapore Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026 Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP Bitmine has 5,067,309 staked ETH, representing $13.8 billion at $2,726 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors Bitmine owns $117…