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Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center deal, and what it means for crypto mining’s future
CleanSpark, a Las Vegas based bitcoin miner, is moving into artificial intelligence, beginning to develop AI data centers alongside its crypto-mining business. The company’s CEO laid out details of the recently announced strategy on CNBC’s “Crypto World” this week, and why it’s likely to become core to the business models of more crypto mining companies. […]
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With stock market concentration risk at peak, ‘cash, precious metals, and crypto’ is new normal
ETF Edge With stock market concentration risk at peak, ‘cash, precious metals, and crypto’ is new normal Published Thu, Oct 23 202512:42 PM EDTUpdated 19 Min Ago Krysta Escobar WATCH LIVE Source
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CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs
Consumers with the Tesla Model Y L electric vehicle in Tesla stores in Shanghai, China on October 19, 2025. CFOTO | Future Publishing | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue […]
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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth
Tesla electric vehicles are parked at a Tesla service center on Aug. 2, 2025 in San Diego, California. Kevin Carter | Getty Images There are generally two ways for a company to increase its profit: increasing sales or cutting costs. Preferably both at the same time — because a rise in revenue might be overshadowed […]
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Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source
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DOJ seizes $15 billion in bitcoin from massive ‘pig butchering’ scam based in Cambodia
The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday. The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in […]
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Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October
ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source
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‘Bitcoin is not an asset class’: UK’s biggest investment platform has a stark warning for investors
Key Points The U.K.’s biggest retail investment platform, Hargreaves Lansdowne, has urged traders to exercise caution on cryptocurrencies. “The HL Investment view is that bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income,” the firm said. A longstanding […]
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Citi backs stablecoin firm BVNK as Wall Street warms to crypto
BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office. BVNK Citi has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space. Stablecoins are a type of digital asset […]
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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped about 10% in early trading Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, GalaxyOne. The platform and mobile application, launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds in […]
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