The AI and data center boom partly driven by Bitcoin miners is increasingly being financed through high-yield bond issuance, underscoring how lenders are pricing both risk and opportunity in the sector. According to TheEnergyMag’s latest newsletter, companies tied to AI data center development have raised about $33 billion in long-term senior notes over the past
The artificial intelligence boom could end in recession. Economists at Moody’s Analytics now put the odds at 45 percent. The warning comes as a separate report from Moody’s Ratings exposes how the country’s biggest tech companies have buried more than half a trillion dollars in future obligations that don’t appear on their financial statements. Moody’s
CEA Industries, positioned as the world’s largest $BNB treasury company, has seen its value drop by 95 percent since its peak last year, and is blaming the decline on the family office of Binance founder Changpeng Zhao (CZ). In a press release, the company demanded that details of an alleged “secret side agreement” signed between
Happy Thursday, advisors! In today’s newsletter, David Lawant, head of research at Anchorage Digital reviews crypto’s evolving role in 401(k)s, as regulatory clarity is poised to open up investments. Then, in Ask an Expert, Kevin Tam answers questions about crypto adoption around the world looking at the recent 13F filings. Happy Reading. Modernizing the nest
U.K. investors will no longer be able to add crypto exchange-traded notes (ETNs) to their tax-free individual savings accounts (ISAs) after the start of the new tax year on April 6, the Financial Times (FT) reported on Wednesday. The tax authority, His Majesty’s Revenue and Customs (HMRC), will reclassify cryptocurrency ETNs as qualifying instruments only
As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a “bigger” one. The
Haseeb Qureshi and Alexander Pack got into a public exchange about who truly founded Dragonfly Capital on the social media platform X after Qureshi posted an article detailing how to create a successful venture capital firm. Qureshi initially claimed that he built the firm from zero, but Pack challenged this narrative, stating instead that the
Crypto markets are in retreat during U.S. morning hours on Thursday, rapidly reversing yesterday’s strong gains. Just under $67,000, bitcoin $BTC$68,056.93 has pulled back more than 4% after touching $70,000 late on Wednesday. Ether (ETH) and solana (SOL) are showing similar declines. The selloff comes alongside a 2% decline in the Nasdaq following Nvidia’s (NVDA)
Network News AXIOM EMPLOYEE ACCUSED OF ALLEGEDLY INSIDER TRAINING BY ZACHXBT: Blockchain sleuth ZachXBT said a senior employee at onchain trading platform Axiom Exchange allegedly abused internal access to user data to track private wallets and potentially trade memecoins using inside information. In a thread posted to X, ZachXBT said Broox Bauer, a New York-based
Circle’s freshly filed S-1 registration statement has pulled back the curtain on the economics of the world’s second-largest stablecoin — and the numbers tell a striking story. In Q1 2025 alone, Circle paid $461 million in distribution costs, with the lion’s share going to Coinbase, its primary distribution partner. — The filing makes clear that