Core Scientific Pivots to AI with Massive 1.5GW Data Center
Bitcoin miner Core Scientific is repurposing its mining capacity for a 1.5 gigawatt AI data center campus in Texas, backed by a multibillion-dollar funding round.
The Bitcoin section delivers focused coverage on the world’s largest cryptocurrency, including price movements, market sentiment, institutional adoption, on-chain activity, network upgrades, mining developments, and policy impacts. This category highlights the trends, data, and news shaping Bitcoin’s role in global markets and its influence across the digital asset ecosystem.
Bitcoin miner Core Scientific is repurposing its mining capacity for a 1.5 gigawatt AI data center campus in Texas, backed by a multibillion-dollar funding round.
Digital asset investment products recorded $1.2 billion in weekly inflows, marking the fourth consecutive week of positive sentiment led by Bitcoin.
A quantum computing breakthrough has cracked a 15-bit elliptic-curve key, raising concerns about Bitcoin security and accelerating debate over post-quantum cryptography timelines.
Strategy’s MSTR stock is outperforming Bitcoin once again, a pattern that has historically aligned with crypto market bottoms and renewed bullish momentum.
UK authorities have launched coordinated raids on suspected illegal peer-to-peer crypto trading operations, marking a major escalation in enforcement efforts.
Bitcoin and crypto stocks fell as Fed chair nominee Kevin Warsh emphasized central bank independence, while analysts still see potential upside later in 2026.
Coinbase has rolled out crypto-backed USDC loans in the UK, allowing users to borrow against Bitcoin and Ether as regulators move toward a full crypto framework.
Spot Bitcoin ETFs attracted almost $1 billion in inflows last week, signaling renewed institutional confidence as geopolitical developments influence market sentiment.
Bitcoin is consolidating near $75,000, but deeply negative funding rates and improving geopolitical sentiment could trigger a sharp rally toward $125,000.
Bitcoin’s recent surge is stalling near $75,000 as investors lock in profits and market indicators point to cautious sentiment rather than overheating demand.
BitMEX Research has proposed a “canary fund” system to address potential quantum threats to Bitcoin, offering a conditional alternative to controversial plans to freeze vulnerable coins.
Several analysts believe Bitcoin could fall to $50,000 in a final market flush before recovery, citing bearish trends and macroeconomic pressures.