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IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to surpass $500 million in annualized run-rate revenue (ARR) by the end of Q1 2026 from 23,000 GPUs in operation or on order.Contracts covering 11,000 GPUs have already been signed, representing around $225 million in ARR expected to come online by the end of 2025. With average two-year contract terms and revenue payback periods, IREN is scaling across its British Columbia campuses and Horizon 1 and 2 data centers in Texas, which…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The leading Solana blockchain is experiencing a notable uptick in on-chain activity alongside its remarkable increase in price to the $234 mark in the past few weeks. In the midst of the ongoing spike in on-chain activity, a massive supply of stablecoins has been observed on the blockchain. Rapid Stablecoin Expansion on The Solana Blockchain Solana is on a rapid tear once again, which appears to have ignited bullish action in several areas of the leading blockchain. Presently, the supply of stablecoins on the network is surging…

Tony Kim Oct 06, 2025 16:54 Stellar (XLM) emphasizes the importance of open blockchain infrastructure to prevent monopolies, enhance innovation, and ensure equal access and trust across the financial ecosystem. Stellar (XLM), a leading entity in the blockchain space, has underscored the necessity of open blockchain infrastructure as a means to prevent monopolistic control and to foster innovation and trust among users, according to a recent Stellar blog post. The Case for Open Infrastructure The discussion, drawing parallels with historical advancements in railroads, telecommunications, and the internet, highlights that infrastructure is most effective…

S&P Dow Jones Indices, a division of S&P Global, plans to launch a new hybrid index that blends traditional equity markets with digital assets, offering a fresh option for investors looking to navigate the fast-changing crypto sector, the company announced Tuesday.The S&P Digital Markets 50 Index will track 35 publicly traded companies involved in crypto infrastructure, blockchain applications and financial services, alongside 15 cryptocurrencies drawn from S&P’s existing Broad Digital Market Index. The result is a cross-asset benchmark that captures the performance of both the firms building the digital asset ecosystem and the tokens driving it.Dinari, a platform that tokenizes…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s price action over the past week has been nothing short of amazing. After consolidating for several weeks below its all-time high, the leading cryptocurrency has once again surged past $125,000 to set a new price record.  Interestingly, a deeper look at Bitcoin’s weekly chart suggests that the rally could be far from over. According to crypto analyst Bobby Axe, Bitcoin is flashing a rare confluence of technical indicators that are known to precede explosive price movements. His analysis, which was shared on X alongside a detailed…

XRP is currently trading close to the $3 mark, recording a daily volume of about $6.2 billion. This comes after a minor dip in the last 24 hours, although the cryptocurrency has seen an overall 3% rise in the past week. Analysts are particularly focused on the price range between $3 and $3.15, assessing whether XRP is poised for a breakout that could elevate its value towards $3.4 or beyond. This price action is critical as it signals potential future movements for Ripple traders. A technical analysis reveals that XRP is forming a bull flag pattern on the 4-hour chart,…

NYSE owner ICE pours $2 billion into Polymarket, as it gears up for a long-awaited US market comeback. Intercontinental Exchange (ICE), the operator of the New York Stock Exchange, announced a major strategic investment in Polymarket, a decentralized prediction market platform that aggregates probabilities for global events spanning politics, sports, and culture. Under the agreement, ICE will invest up to $2 billion in the company, which will place Polymarket’s pre-investment valuation at $8 billion. Polymarket Gets Wall Street Validation Beyond the capital infusion, ICE will serve as a global distributor of Polymarket’s event-driven data and plans on offering customers…

Wall Street bank JPMorgan (JPM) said the second quarter and summer of 2025 were transformative for bitcoin BTC$111,480.33 miners, marked by record cash operating profits and a pivot toward high-performance computing (HPC). Cipher Mining’s (CIFR) 244 megawatt (MW) colocation deal with Fluidstack and IREN’s (IREN) expansion to more than 23,000 GPUs underscored that shift, the bank said in the Tuesday report. Despite surging hashrates, the bank’s analysts noted that miners’ gross profits rose quarter-over-quarter, buoyed by higher bitcoin prices and more efficient fleets.Production costs rose modestly as competition intensified and high-performance computing (HPC) investments expanded, the analysts said. IREN and…

Saylor’s Bitcoin investment pays off, as MicroStrategy (now just Strategy) has surpassed Coinbase in market capitalization. The move not only boosts the legitimacy of Saylor’s Bitcoin treasury strategy but also positions the company for its next step: potentially joining the list of the 500 largest publicly traded companies in the United States – the S&P 500. And even as Strategy eyes the next prize, the best crypto presales to buy get ready to make their own big moves. A Strategic Pivot Pays Off Coinbase, a leading cryptocurrency exchange with a $3.7B market cap, marked its arrival on public markets in…

Bitcoin topped $126,000 on Monday.Exchange-traded funds are leading the buying.BlackRock’s IBIT has nearly $100 billion in assets under management.There’s no stopping Bitcoin’s price — or BlackRock. On Monday, the top crypto hit a fresh price record of $126,080 just as BlackRock’s IBIT exchange-traded fund became the asset manager’s most profitable ETF. It’s an extraordinary feat for a fund that’s barely two years old. “IBIT, a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount,” noted Bloomberg Intelligence ETF expert Eric Balchunas on X. “Check out the ages of the rest of the…