Crypto AI Market Hits $20.7B After Amazon Announces $50B Federal Supercomputing Contract
Amazon announces $50 billion investment in AI supercomputing infrastructure for federal agencies, triggering a sector-wide rally in AI-linked cryptocurrencies.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Amazon announces $50 billion investment in AI supercomputing infrastructure for federal agencies, triggering a sector-wide rally in AI-linked cryptocurrencies.
Legal documents show Berachain gave Brevan Howard’s Nova Digital unusual refund rights on its $25 million investment, though activation depends on an unconfirmed $5 million deposit.
Enlivex Therapeutics announces a $212 million private placement to establish a Rain token-focused digital asset treasury, becoming the first US-listed company with a prediction-markets-oriented treasury strategy.
Over 400 npm code libraries, including Ethereum Name Service packages, were compromised in a supply chain cyberattack detected Nov. 24. ENS Labs reports user assets and domains remain unaffected.
Dogecoin remained stagnant below $0.15 despite Elon Musk announcing Tesla’s breakthrough in AI chip manufacturing, breaking its historical pattern of rallying on Musk-related news.
Crypto investor and broadcaster Ran Neuner believes that while Bitcoin remains unmatched as a store of value, its transparent nature limits its usefulness for institutions and mainstream adoption.
Monad’s mainnet went live on November 24 with MON trading at $0.024, down 15% from pre-market levels, as analysts debate weak ICO demand and airdrop dynamics.
The Trump family fortune declined by approximately $1 billion in two months as cryptocurrency markets crashed, with Bitcoin falling from $125,000 to $82,000 amid market instability.
Revolut completed a major secondary share sale at a $75 billion valuation, backed by top-tier investors including NVIDIA’s venture arm, as it expands globally.
GXRP joins three other XRP investment funds trading in the US, offering a fee waiver until February 2026 or $1 billion in assets.
Large buyers quietly scooped up WLFI during the recent price dip, with trading volume rising 8% amid renewed investor interest.
The incident marks the latest in an unprecedented year of violent crimes against crypto holders, which have roughly doubled since 2024.
Arthur Hayes predicts Bitcoin may dip below $80K before the Fed ends QT on Dec 1. Market liquidity shows early signs of improvement.
XRP recorded $89.3 million in inflows in the past week, while Bitcoin, Ethereum, and Solana saw massive outflows.
Bitcoin’s options market is in the most bearish positioning of the year, with the $80,000 put overtaking all other contracts.