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Financial News

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

6 days ago by Crypto InsightsCrypto

Microsoft today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that… Read More

Falls to $0.18 as ‘Death Cross’ Price Action Appears

Falls to $0.18 as ‘Death Cross’ Price Action Appears

6 days ago by Crypto InsightsCrypto

Dogecoin slipped 2.3% to $0.1827 during Tuesday’s trading session, breaking decisively below key support at $0.1830 as whale distribution accelerated and long-term holders began exiting positions. The decline came amid a deteriorating technical backdrop and increased selling activity across large wallets. News Background DOGE dropped… Read More

ASTER Zooms 20% as Binance’s CZ Purchases 2M Tokens

ASTER Zooms 20% as Binance’s CZ Purchases 2M Tokens

6 days ago by Crypto InsightsCrypto

DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sending a wave of speculative demand across the market. Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER climbed nearly… Read More

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

Bitcoin Broke the Uptober Streak, but a Handful of Altcoins Managed to Finish Higher

1 week ago by Crypto InsightsCrypto

Bitcoin closed October lower, snapping its six-year “Uptober” streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching… Read More

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

U.S. Treasury Secretary Scott Bessent Praises Bitcoin’s Resilience

1 week ago by Crypto InsightsCrypto

U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper on Friday with a post on X praising the network’s resilience and adding a jab at Senate Democrats, saying the system “never shuts down” and implying lawmakers could “learn something from… Read More

Modest Bounce as Stellar Integration Expands RWA Reach

Modest Bounce as Stellar Integration Expands RWA Reach

1 week ago by Crypto InsightsCrypto

The native token of oracle network Chainlink LINK$17.30 bounced 3.6% on Friday, reversing some of Thursday’s losses as traders stepped in around key support level. LINK briefly cleared the $17 level with a surge in trading volume — some 3 million tokens changed hands during… Read More

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