PPC Renewables Romania, part of Greece’s PPC Group and the largest private investor in renewable energy in Romania, announces an investment of almost RON30 million in a battery energy storage system (BESS) at the Topolog wind farm.
Crypto.com CEO Kris Marszalek announced a 12% workforce reduction due to AI integrations, warning that companies “that do not make this pivot immediately will fail.” Singapore-headquartered cryptocurrency exchange Crypto.com is set to cut up to 12% of its workforce due to company-wide artificial intelligence (AI) integrations, joining a growing list of companies announcing AI-linked mass layoffs, according to the exchange’s founder and CEO, Kris Marszalek. Crypto.com recently expanded its AI offering and launched the AI agent platform ai.com on Feb. 9, which it positioned as a core business. The company also said it was the first crypto platform to receive the ISO/IEC 42001:2023 certification for AI system management in February. “We are joining the list of companies integrating enterprise-wide AI,” Marszalek said in a Thursday X post, warning that companies that don’t pivot will fail. Read more
Bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off. Bitcoin (BTC) rebounded from weekly lows into Thursday’s Wall Street open as inflation targeted BTC price strength. Key points: Bitcoin price action preserves its new local trading range between 2021 highs and 2025 lows. Read more
Listings and on-ramps monetized access scarcity. Intent-based protocols make it native to networks, ending gatekeeper detours forever. Opinion by: Jason Dominique, co-founder and CEO of ONCHAIN® Labs For years, whenever we explain what we’re building, the reaction is familiar. There’s curiosity, some skepticism, and then the question that almost always follows: “If this is such a big problem, why hasn’t it been fixed already?” Read more
US Bitcoin and altcoin ETFs saw notable outflows on Wednesday as BTC dipped below $71,000 and investor sentiment returned to extreme fear. US spot Bitcoin exchange-traded funds (ETFs) ended their inflow streak amid a BTC price dip after recording $1.2 billion of inflows over seven consecutive days. Spot Bitcoin (BTC) ETFs saw $163.5 million in outflows on Wednesday, according to Farside data. The Fidelity Wise Origin Bitcoin Fund (FBTC) led the outflows at about $104 million, followed by BlackRock’s iShares Bitcoin Trust ETF (IBIT) with $34 million. Read more
Ether risks over $2.5 billion in long liquidations below $2K, with volatility increasing the chance of a retest of $1,800 support. Ether (ETH) traded lower on Thursday after a fresh knee-jerk reaction to yesterday’s US interest rate decision and a higher inflation outlook. Key takeaways: ETH dropped 7% to $2,100 on Thursday, liquidating $144 million in longs. Read more
Ancient Bitcoin holders moved millions to exchanges as Middle East tensions drove oil higher, fueling a broader risk-off shift across crypto and traditional markets. Ancient Bitcoin holders moved tens of millions of dollars to exchanges as Bitcoin fell and energy prices jumped after attacks on Gulf oil and gas infrastructure deepened the conflict involving Iran, Israel and the United States. Ancient whale “bc1ql” sent 1,000 Bitcoin (BTC), worth around $71 million at current prices, to Binance on Wednesday, according to blockchain data platform Arkham. The whale initially bought 5,000 BTC 13 years ago and still holds about 1,500 BTC worth about $106 million, according to blockchain analytics platform Onchain Lens. The same day, one of the earliest Bitcoin holders, Owen Gunden, also transferred 650 BTC ($46 million) to crypto exchange Kraken, marking his first large sale in five months, when he sold a total of 11,000 BTC ($1.12 billion), according to analytics platform Lookonchain. Read more