The dominance of Tether and Circle, once seen as unshakable, is now facing its most formidable test yet, crypto product and strategy professional James Murrell argues.
"While shares have done well over the expectation that IREN will entirely focus on its GPU cloud, we continue to believe there is more room to run," said analyst Brett Knoblauch.
Bitcoin steadies around $111,000 after a bruising sell-off, as derivatives and options data show mixed signals between cautious futures traders and bullish options buyers.
Enflux says the $600 million plan reflects a new wave of Asian capital favoring infrastructure tokens that power transaction flow over store-of-value assets.
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.
HBAR surged past key resistance at $0.19 amid a dramatic volume spike, signaling renewed institutional interest and reinforcing bullish momentum after a 9% recovery stretch.
Bitcoin derivatives show renewed optimism after a leverage flush, with open interest and basis rebounding, while options traders tilt bullish as funding rates diverge across exchanges.
The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.