June 29, 2026

Blog

Coinbase

Bitcoin mining industry mostly uninterested in spam controversy

While many Bitcoiners have gone to war over the use of node-level “spam” filters, those in BTC mining have stayed in their lanes, unbothered. Source link

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Crypto

Mining Profits Dry Up Across Bitcoin, DOGE, LTC, and BCH

Dogecoin and Litecoin miners face mounting pressure as mining profitability remains low across major proof-of-work assets. Cryptocurrency mining profitability remains under pressure across major proof-of-work networks, according to new data shared by Alphractal, which shows the sector is experiencing stagnation and reduced returns. The analytics platform said that while miners continue to play an

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Tech & AI

I Met With China’s Top AI Experts. They’re Freaking Out, Too

Just over a week ago, I attended a major artificial intelligence conference in Zhongguancun, Beijing’s bustling high-tech district. It was packed with fascinating sessions touching on everything from recursive self-improvement—the idea that models can tweak their own code and advance indefinitely—to humanoid robots. And it featured a few legends of computing, including Whitfield Diffie, co-inventor

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Crypto

Sam Altman takes on Nvidia with OpenAI’s Jalapeño chip

Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. Summary OpenAI has launched Jalapeño, its first in-house AI chip built with Broadcom and optimized for AI inference workloads. The chip rollout comes

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Bitcoin

Bitcoin Hits $59,018 After a 5% Drop, Forcing $237M in Long Liquidations

Key Takeaways Bitcoin fell 5% to $59,018 on June 24, dragging crypto market cap to $2.15T. Long liquidations hit $486M; below $58K, $1.6B in leveraged bets face wipeout. Contrarians see capitulation; June 30, 2026, window may define bitcoin’s next trend. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid

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Coinbase

‘Crypto President’ Donald Trump sort of knows CZ, but he doesn’t get crypto

Trump claims he has a vague understanding of who CZ is but he doesn’t know, or even care, about the charges against him or his guilty plea. Source link

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Crypto

How the Steak and Shake Bitcoin Payments Could Save $6M a Year in Fees

Steak and Shake is saving roughly 50% on payment processing fees by accepting Bitcoin, and projecting $6 million in annual savings if its full credit-card customer base made the switch. That number, confirmed again in a June 2026 company statement, makes the 90-year-old burger chain one of the most concrete proof points in the argument

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Crypto

Trump stalls bipartisan housing bill as CBDC ban hangs in balanc

Trump has postponed signing a housing bill that passed Congress with 358 House votes and 85 Senate votes, leaving a provision that would block a Federal Reserve-issued CBDC until 2030 in limbo. Summary Trump has delayed signing the bipartisan housing bill, putting its CBDC ban provision on hold. The legislation passed Congress with strong bipartisan

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Tech & AI

Agility Robotics plans to go public via SPAC in a $2.5B deal

Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, plans to go public through a merger with special purpose acquisition company Churchill Capital Corp XI in a deal that values the company at roughly $2.5 billion. The transaction is expected to generate more than $620 million in proceeds, including

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Bitcoin

Blackrock’s IBIT Loses $182 Million as Bitcoin ETF Outflows Reach $114 Million

Key Takeaways Bitcoin exchange-traded funds (ETFs) lost $113.78M on June 23 as Blackrock’s IBIT shed $182M. Ether ETFs fell $82.35M, showing risk-off sentiment despite Fidelity’s $15.69M inflow. HYPE gained $1.46M and Solana added $137K, signaling selective crypto demand. Fidelity’s FETH Draws $15.7 Million but Ether ETFs Still Post $82 Million Outflow The market’s patience with

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