SpaceX has acquired xAI, Elon Musk’s artificial intelligence startup, according to a company memo that frames the deal as an effort to combine rockets, satellite internet, direct-to-mobile connectivity, and AI into a single vertically integrated platform. In the memo, Musk argues that AI scaling is constrained by the power and cooling demands of terrestrial data centers and pitches space as the long-term solution. The plan includes orbital data centers powered by near-constant solar energy. The memo describes using Starship to lift far more mass to orbit than current systems, enabling…
Tag: Data
Here’s 4 Supporting Data Points
Key takeaways: Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness. Spot Bitcoin ETF outflows reached $3.2 billion, but represent less than 3% of assets under management. Bitcoin (BTC) price plunged to $74,680 on Monday after a total of $1.8 billion in bullish leveraged positions were liquidated since the market downturn on Thursday. Traders moved into cash and short-term government bonds, especially after silver prices fell 41% over three days. Concerns over stretched valuations in the tech sector pushed investors…
US Winter Storm Hits Bitcoin Miner Production, Data Shows
New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners dropped sharply during the disruption. The storm swept across large parts of the continental United States, prompting miners to curtail operations amid grid stress, snow, ice and extreme cold, and highlighting how closely mining activity is now tied to energy market conditions. Daily production among publicly traded miners tracked by CryptoQuant typically averaged between 70 and 90 Bitcoin (BTC) in the weeks leading up to…
Alternative Inflation Data Shows Sharp Cooling in US CPI
Alternative inflation data is pointing to a sharp cooling in US prices, reinforcing the case for interest rate cuts and carrying broader implications for risk assets, including cryptocurrencies. After the Federal Reserve paused rate cuts last week and signaled no clear path to near-term cuts, real-time inflation data suggest policymakers may be out of sync with rapidly improving price conditions. Truflation, an alternative inflation tracker that aggregates millions of daily price points from tens of independent data providers, showed broad-based cooling across its US inflation indexes. As of Sunday, Truflation’s…
Bitcoin More ‘Undervalued’ Than During All Previous Bear Markets, Data Says
Bitcoin’s MVRV Z-score printed record lows on a rolling two-year basis, making BTC price more “undervalued” than at the pit of past bear markets. Bitcoin (BTC) may be “close to the end” of its correction as a classic BTC price metric beats records. Key points: Bitcoin’s MVRV Z-score is at record lows on two-year rolling time frames. The “wild” data is leading to predictions of an imminent BTC price recovery. Analysis says that the precious metals rally is “done for now.” MVRV Z-score says Bitcoin is “undervalued” In an X…
Bitmine stakes additional 113,280 ETH, totaling $7B in staked assets: On-chain data
Bitmine, the Ethereum treasury company chaired by Fundstrat’s Tom Lee, staked an additional 113,280 ETH worth about $341 million today, according to data from Arkham Intelligence. Tom Lee(@fundstrat)’s #Bitmine staked another 113,280 $ETH($340.68M) an hour ago. In total, #Bitmine has now staked 2,332,051 $ETH($7B), 55% of its total holdings.https://t.co/P684j5YQaG pic.twitter.com/Q4VDKaxmFp — Lookonchain (@lookonchain) January 28, 2026 The transaction brings Bitmine’s total staked Ethereum to 2.3 million ETH, valued at approximately $7 billion, representing 55% of the company’s holdings. Bitmine holds 4.2 million ETH in total, roughly 3.5% of the entire…
Corning shares surge over 16% after Meta signs $6B data center deal
Corning shares jumped more than 16% to a record high after the company announced a multiyear agreement with Meta Platforms valued at up to $6 billion to support the expansion of advanced data centers in the United States. Under the deal, Corning will supply Meta with its latest optical fiber, cable, and connectivity technologies designed to meet the scale and density requirements of next-generation AI data centers. Meta will serve as an anchor customer as Corning expands manufacturing capacity across North Carolina, including a significant expansion at its optical cable…
Mark Zuckerberg’s Meta signs $6B fiber deal with Corning to expand US data centers
Mark Zuckerberg’s Meta is partnering with Corning in a multi-year agreement worth up to $6 billion to supply fiber-optic cables for its AI data centers, the tech giant disclosed in a Tuesday press release. The agreement will allow Corning to expand manufacturing in North Carolina and grow its workforce, while Meta’s data centers will continue to support thousands of construction and operational jobs. “Building the most advanced data centers in the US requires world-class partners and American manufacturing,” Joel Kaplan, Chief Global Affairs Officer at Meta, said in a statement.…
Crypto Users Exposed in 149M Infostealer Data Dump
A cybersecurity researcher has uncovered a massive, publicly accessible database containing millions of stolen login credentials harvested from malware-infected personal devices, including accounts linked to major social media platforms and the crypto exchange Binance. The dataset, uncovered by cybersecurity researcher Jeremiah Fowler, contained around 149 million usernames and passwords from personal phones and computers, according to a Friday blog post published on ExpressVPN. The records were tied to services including Facebook, Instagram, Netflix and Binance, with at least 420,000 credentials associated with Binance users. The leak contained 48 million Gmail…
French Authorities Investigate Data Breach of Crypto Tax Platform
A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users. Authorities in France have started a preliminary investigation into a breach of cryptocurrency tax platform Waltio that could have compromised users’ personal data. According to a Thursday notice by French cybersecurity authorities, the Paris Public Prosecutor’s Office and the country’s National Cyber Unit were investigating the nature of the stolen data and identities of Waltio users. The notice warned that users affected by the…