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Riot Platforms' pivot from bitcoin mining to AI data centers is 'encouraging,' analysts say
Riot Platforms' pivot from bitcoin mining to AI data centers is 'encouraging,' analysts say

Quick Take One of the largest publicly traded bitcoin miners is looking to the artificial intelligence and high-performance computing boom. Riot is reducing its previously announced total self-mining hash rate capacity growth and associated capital expenditures for 2025.

The Block·2025/01/20 16:00
SEC Commissioner Hester Peirce to lead new crypto task force
SEC Commissioner Hester Peirce to lead new crypto task force

Quick Take Republican Commissioner Hester Peirce, who has been nicknamed “Crypto Mom,” will lead the task force. The SEC is set to have a regulatory shift for crypto following former SEC Chair Gary Gensler’s exit and as it forges on with a Republican majority.

The Block·2025/01/20 16:00
The Daily: Dogecoin logo appears on US government website, Osprey and Rex file for crypto ETFs including TRUMP and more
The Daily: Dogecoin logo appears on US government website, Osprey and Rex file for crypto ETFs including TRUMP and more

Quick Take The Department of Government Efficiency prominently displayed the Dogecoin logo on its official U.S. government website on Tuesday, alongside a dollar sign and the slogan “the people voted for major reform.” Asset managers Osprey Funds and Rex Shares filed to list ETFs tracking multiple cryptocurrencies, including Trump’s new memecoin, just a day after the pro-crypto administration took office. MicroStrategy shareholders have voted in favor of amendments to increase the number of authorized Clas

The Block·2025/01/20 16:00
ZachXBT's address apparently cashes out nearly $4 million on memecoin
ZachXBT's address apparently cashes out nearly $4 million on memecoin

Quick Take Well-known blockchain investigator ZachXBT has apparently cashed out on a memecoin associated with him. “One of my biggest regrets is not prioritizing making money,” ZachXBT wrote yesterday.

The Block·2025/01/20 16:00
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