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Bitcoin miner Riot's shares jump 8% after expanding AMD data center deal, signaling AI pivot

Riot Platforms, a Bitcoin mining company, saw its shares rise by 8% following the announcement of an expanded partnership with AMD to enhance its data center operations. This deal is part of Riot's strategic pivot towards artificial intelligence (AI) technologies, aiming to diversify its business beyond cryptocurrency mining. The collaboration with AMD will enable Riot to leverage advanced computing capabilities, positioning the company to capitalize on the growing demand for AI solutions. Investors reacted positively to the news, reflecting optimism about Riot's future prospects in both the crypto and AI sectors.

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Bitcoin short-term holder cost basis eyes $92K as next price target

Bitcoin's short-term holder cost basis is approaching $92,000, which is seen as a significant price target for the cryptocurrency. This metric reflects the average purchase price of Bitcoin held by short-term investors, indicating their potential profit or loss. Analysts suggest that if Bitcoin reaches this level, it

Linea contributes ZK rollup stack to Linux Foundation open-source group

Linea has contributed its ZK rollup stack to an open-source group under the Linux Foundation, aimed at enhancing blockchain scalability and privacy. This initiative is part of a broader effort to promote the development of zero-knowledge technology within the open-source community. The collaboration is expected to foster innovation and improve

Bubblemaps flags MYSTERY token over 90-wallet launch sniping cluster

Bubblemaps has identified a suspicious cluster of over 90 wallets that launched the MYSTERY token, indicating potential sniping activity. This coordinated effort raises concerns about the legitimacy of the token's distribution and the possibility of market manipulation. The analysis suggests that these wallets may be linked to a

Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus

At the Consensus conference, BONK's Nom highlighted the unique trading dynamics of memecoins, noting that they often exhibit rare "seven-leg" parlay odds. This refers to the potential for traders to combine multiple bets on various memecoins, increasing the complexity and risk of their investments. Nom emphasized

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Bitcoin short-term holder cost basis eyes $92K as next price target

Linea contributes ZK rollup stack to Linux Foundation open-source group

Bubblemaps flags MYSTERY token over 90-wallet launch sniping cluster

Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus