VanEck: Bitcoin miners are turning into AI power providers — and still trade at a discount

VanEck says bitcoin miners are pivoting to AI power and compute, yet remain undervalued on a market-cap-per-megawatt basis. Stocks of Core, Riot surge; NODE ETF tops 30% since launch.

India’s CBI arrests Darwin Labs CTO at Mumbai airport in GainBitcoin Ponzi probe

India’s CBI detained Darwin Labs CTO Ayush Varshney over the alleged GainBitcoin Ponzi. Probe cites MCAP token, ERC-20 contracts, and GBMiners; ₹19cr misused, 29,000 BTC referenced.

Crypto’s Credibility Test: Binance-WSJ Legal Clash, DOJ Iran Probe, Aave Liquidations, Ripple’s AFSL Move, Wells Fargo ‘WFUSD,’ and the $1M Bitcoin Thesis

Options lean toward BTC $80K as macro steadies. Binance sues WSJ while DOJ reportedly probes Iran flows; Aave faces oracle losses; Ripple targets an Australian license; Wells eyes ‘WFUSD.’

Bitcoin options skew turns bullish near $70K as CPI meets forecasts; market prices ~35% chance of $80K by June

Bitcoin steadies around $70K after CPI prints in line. Options skew flips positive, put selling rises, and odds of $80K by June hover near 35% as oil and the Fed loom.

Strive lifts SATA dividend to 12.75%, tightens $99–$101 band, adds BTC and $50M of Strategy’s STRC

Strive boosts SATA’s dividend to 12.75%, narrows its trading band to $99–$101, expands BTC to 13,311, and buys $50M of Strategy’s STRC. What this “stable-yield” Bitcoin play signals.

Bitcoin Slips Below $70K as IEA Mulls Record Oil Release; Options Skew Points to Cautious Hedging

Bitcoin hovers near $69,240 as the IEA considers a record strategic oil draw. Put demand lifts options skew to around -6% while prediction markets lean toward a $55K path.

Winklevoss twins transfer $130M in bitcoin to Gemini; Arkham pegs profits near $1.8B with $764M still held

Cameron and Tyler Winklevoss moved $130M in BTC to Gemini hot wallets while retaining $764M in holdings. Arkham estimates cumulative profits above $1.8B. Here’s what that flow could imply.

Bitcoin’s next leg hinges on oil, real yields, the Fed — with spot ETF flows steering the tape

Analysts see Bitcoin’s direction set more by oil, Treasury yields, and Fed policy than crypto news, with spot ETF flows acting as the transmission channel for risk appetite.

Babylon and Ledger join forces to unlock self-custodied bitcoin as DeFi collateral

Babylon partners with Ledger to let BTC holders pledge native coins as DeFi collateral while retaining their keys. Why the trust model and UX matter more than the headline.

The Daily: Winklevoss twins move $130 million in BTC to Gemini, South Korean prosecutors sell seized bitcoin and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>