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
Coinbase
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
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
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
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
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
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
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
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
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