The post BlackRock Digital Head Says AI Is Taking Capital Away From Bitcoin appeared first on Coinpedia Fintech News
BlackRock’s global head of digital assets, Robbie Mitchnick, said the artificial intelligence boom has become so dominant that it is pulling capital away from Bitcoin, gold, and other alternative assets. However, he believes increasing the U.S. debt burden could soon bring investors back to Bitcoin. AI Has Become Wall Street’s Favorite Trade Speaking in a …
Core Scientific reported $2154 million in third-quarter colocation revenue, nearly 60% above the prior quarter, while billing 485 MW of capacity
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Riot Platforms says it sold 20,264 BTC in the first nine months of 2026, raising about $15 billion primarily for data-centre development Its
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Coinbase says it was not affected by the reported Binance hot-wallet incident and that more than 99% of customer assets are kept in cold storage
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Circle says it froze roughly $11 billion in USDC connected with the reported Binance exploit while working with law enforcement The stablecoin
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