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Author Archives: pdgweb

FTX’s crypto mining venture is now used to advance AI

The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Read More at https://cointelegraph.com/news/ftx-crypto-mining-ai-data-center?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Crypto PACs report $2.7M spending blitz on House races as midterms loom

With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates in 2026. Read More at https://cointelegraph.com/news/crypto-pac-spending-house-races-2026-midterms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

US accounting overhaul could make stablecoins more attractive to corporations: Tempo

A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash. Read More at https://cointelegraph.com/news/fasb-stablecoin-accounting-rules-corporate-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Bitcoin miners face widening AI financing costs as lenders scrutinize deals

The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major funding gaps. Read More at https://cointelegraph.com/news/bitcoin-miners-ai-financing-costs-debt-funding-gap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high

Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Read More at https://cointelegraph.com/markets/bitcoin-drops-22-as-ukraine-iran-strikes-send-oil-toward-one-month-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

XRP treasury Evernorth’s shares rise 5% at Nasdaq opening print

Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury. Read More at https://cointelegraph.com/news/xrp-treasury-evernorth-rise-nasdaq-opening?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets

The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than self-custodying Bitcoin via hardware wallet devices. Read More at https://cointelegraph.com/news/ledger-implant-bitcoin-etfs-hardware-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Strategy adds 250 Bitcoin as holdings reach 848,250 BTC

Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve. Read More at https://cointelegraph.com/news/michael-saylor-strategy-250-btc-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

Australia proposes leverage caps for crypto-settled derivatives

ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Read More at https://cointelegraph.com/news/australia-asic-crypto-settled-cfd-protections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week

Bitcoin traders braced for inflation-based volatility after BTC price action preserved key weekly support around $82,500. Read More at https://cointelegraph.com/markets/btc-price-support-holds-ahead-of-us-cpi-data-three-things-to-know-in-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Posted bypdgwebOctober 12, 2026October 12, 2026Posted inUncategorized

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