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Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting
The Q2 split favored colocation, although management did not say conversion had become compulsory.
The post Core Scientific lost 56% on Bitcoin min...
Jul 29, 2026
3 min read
by CryptoSlate
Bitcoin miners pour billions into AI – but the pivot could leave them regretting it within a year
Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profita...
Jul 29, 2026
5 min read
by CryptoSlate
XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP trades near $1.06, down 2.9% over 24 hours and 8.6% over the past week, as CoinGlass shows $2.43 billion in XRP open interest, $2.47 billion in...
Jul 29, 2026
4 min read
by CryptoSlate
Kevin Warsh’s no-guidance Fed breaks a 30-year playbook – leaving Bitcoin vulnerable to surprise rate hike
Bitcoin fell over the past 24 hours as traders positioned for a Federal Reserve decision that could break a market pattern dating back more than th...
Jul 29, 2026
5 min read
by CryptoSlate
AI firms are shredding physical books because copyright law is quietly rewarding them
A case-specific Anthropic ruling valued one-for-one replacement while physical preservation remained outside the legal test.
The post AI firms are ...
Jul 28, 2026
5 min read
by CryptoSlate