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The latest in Business.
Bitcoin Miners Turn to AI as Rising Difficulty Squeezes Profit
Bitcoin miners face rising difficulty, higher electricity costs and shrinking hashprice, prompting companies to weigh AI and high-performance computing as alternative revenue sources while filings reveal diverging costs, impairments and consolidation risks.
Ondo’s 10.8% Rally Extends the Market’s Tokenization Trade
ONDO jumps 10.8% as Ondo’s BlackRock-linked portfolio launch revives tokenization demand, while expanding institutional access and broader crypto strength support the rally despite looming token unlocks.
US 30-Year Treasury Yield Climbs to Highest Level Since 2004
The US 30-year Treasury yield hit 5.53%, its highest level since 2004, raising borrowing costs and challenging bitcoin, crypto valuations and other risk assets globally.
ARK Brings Its $1.3 Billion Venture Fund Onto Ethereum Through Securitize
ARK Invest has tokenized its $1.3 billion ARK Venture Fund through Securitize on Ethereum, bringing regulated venture-fund ownership onchain for eligible investors while highlighting limits on liquidity and secondary trading.
Stablecoin Rules Enter the Implementation Phase
U.S. stablecoin rules are entering implementation, with proposed requirements for authorization, reserves, redemptions, customer identification and AML controls set to reshape payment-token competition and issuer strategy.
Canton Network Tests Whether Tokenized Markets Can Become Institutional Infrastructure
Canton Network’s expansion of tokenized equity and commodity markets tests whether privacy, interoperability and institutional participation can turn blockchain projects into regulated financial infrastructure for banks.
AI Power Demand Forces Bitcoin Miners to Reprice Their Footprint
Bitcoin miners are competing with AI data centers for Texas power, forcing operators to rethink flexible loads, grid access, site conversions and the long-term value of mining infrastructure.
Ondo Unveils Three Tokenized Portfolios Based on BlackRock Strategies
Ondo Finance launches three onchain portfolio tokens using strategies developed by BlackRock, adding programmable rebalancing, tokenized diversification and eligibility controls to its Intelligent Portfolios offering.
IBM Links Digital Asset Platform to Swift Ledger for 24/7 Tokenized Deposits
IBM links its Digital Asset Haven platform to Swift’s blockchain ledger, enabling banks to instruct tokenized deposit transactions around the clock while settlement remains on existing systems. The integration tests interoperable digital money for institutional payments.
Crypto Treasury Firms Face a Test as Token Values and Funding Costs Diverge
Crypto treasury firms face pressure as token prices, stock premiums and financing costs diverge, raising questions about debt, dilution, regulation, liquidity and the long-term durability of the model.
Coinbase Brings Fixed-Rate Bitcoin Loans to Mainstream Crypto Users
Coinbase has launched fixed-rate bitcoin-backed loans through Morpho Midnight, giving borrowers set interest rates and maturities while highlighting collateral, liquidation and liquidity risks in mainstream onchain credit.
Stablecoin Rules Put Reserves and Redemptions at the Center of Competition
U.S. stablecoin rules are putting reserve quality, disclosure and redemption rights at the heart of competition, favoring well-capitalized issuers while reshaping banks, payment firms and offshore tokens.