Shares of Australian Bitcoin miner Iris Energy dropped 14% on Friday after Culper Research questioned the firm’s ability to serve the high-performance computers for AI. Iris Energy (IREN), the Australian Bitcoin mining company, saw its shares plunge 14% on Jul.…
Related Posts
Trump nears Iran deal but crypto market ignores the news
The crypto market has remained under pressure even as reports have indicated that a U.S.-Iran agreement is moving…
Trump hosts memecoin dinner — ethics be damned; Polygon boss resigns; WLFI and Binance | Weekly Recap
Today’s edition of the weekly recap covers a shakeup at Polygon, World Liberty Financial’s response to collaboration allegations,…
CryptoQuant CEO warns of cascading institutional BTC sell-off risk
CryptoQuant’s Ki Young Ju warns that absent a near-term Bitcoin rebound, forced liquidations and cascading institutional selling could…