Markets tread water as investors brace for inflation data

The entire financial market spent Tuesday doing its best impression of a doctor’s waiting room. Everyone sat still, no one made eye contact, and the only real activity was nervous fidgeting over what comes next. US equities barely registered a pulse. The S&P 500 dipped 0.2%, oil prices couldn’t decide whether to surge or collapse, and crypto — somewhat surprisingly — caught a mild bid. Bitcoin edged past $70K, Ethereum held above $2K, and the broader digital asset market drifted higher even as traditional finance stayed frozen in place. What…

Blackstone-Owned AirTrunk Secures $1.24B Loan for Tokyo AI Data Center

Hyperscale data center operator AirTrunk has secured a 191.6 billion Japanese yen ($1.24 billion) green loan to refinance and expand its TOK1 data center campus in the greater Tokyo area, marking what it described as the largest data center financing completed in Japan. The loan will support the next development phases of the TOK1 campus, which is designed to scale beyond 300 megawatts (MW) of capacity, the company, which is owned by a consortium led by Blackstone and CPP Investments, announced on Tuesday. The expansion is intended to meet rising…

Orbital Data Center Startup to Mine Bitcoin in Space

Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on Saturday after revealing its Bitcoin mining ambitions in space in an interview with HyperChange on Thursday. In the interview, Johnston said running Bitcoin application-specific integrated circuit (ASIC) miners would be “one of the most compelling…

Bitcoin Data Shows Why 3-Year Holders Avoid Losses

Bitcoin (BTC) gets a bad name among some investors due to its steep double-digit drawdowns that punish late buyers, but data suggests the outcome can change with time. Since 2017, investors who bought BTC near the market highs faced losses of about 40%–50% in the next two years, but data shows many of those positions turned profitable when held for longer than three years. By contrast, entries near bear-market lows have historically produced triple-digit percentage returns over similar two to three-year periods. Onchain valuation metrics further help explain where these…

Oil jumps as Trump Iran warning and weak jobs data rattle markets

Markets got hit from both sides on Thursday. Geopolitical saber-rattling pushed oil to $88 a barrel, and then a brutal jobs report kicked risk assets while they were already down. Bitcoin dropped 3.7% in 24 hours to around $69K. Ethereum fared worse, sliding 4.2% to slip below the psychologically important $2K level. Solana took the hardest punch among major tokens, falling 5% to roughly $85. The crypto Fear & Greed Index now sits at 18 — deep in “Extreme Fear” territory, barely improved from last week’s 13. The geopolitical trigger…

xAI fails to block California AI transparency law requiring training data disclosure

Elon Musk’s artificial intelligence venture, xAI, has failed in its effort to prevent California’s AI transparency law from taking effect. The company had sought to block AB 2013, which compels AI developers to publicly disclose the datasets used to train their generative models, arguing the requirement tramples on trade secrets and First Amendment rights. The defeat marks a significant legal setback for one of the most well-funded AI companies on the planet, and it sends a clear signal to the broader industry: California is not backing down from its push…

Core Scientific sells 1,900 BTC for $175M as it scales AI data center operations

Core Scientific, a large-scale data center operator originally built for Bitcoin mining, offloaded roughly 1,900 BTC for $175 million in January as it moved toward building AI infrastructure. The update was announced by Jim Nygaard, the company’s chief financial officer, during the Q4 earnings call. According to a recent SEC filing, Core Scientific held over 2,500 BTC at the end of 2025. With the latest transaction, the firm now holds fewer than 1,000 coins. That sale implies an average price of roughly $92,000 per coin. Nygaard said the company leveraged…

OpenZeppelin says EVMbench’s Dataset Contains Training Data Leaks

Blockchain security firm OpenZeppelin says it has found methodological flaws and data contamination in its audit of OpenAI’s new artificial intelligence benchmark for blockchain security, EVMbench.   EVMbench was launched in partnership with crypto investment firm Paradigm in mid-February. It was built to evaluate how well different artificial intelligence models can identify, patch, and exploit smart contract vulnerabilities. In an X post on Monday, OpenZeppelin said it welcomed the initiative but recently decided to put EVMbench “through the same scrutiny” it applies to all the protocols it helps secure, including the…

Bloomberg, Kaiko Bring Licensed Data to Tokenized Markets

Bloomberg is collaborating with Kaiko, a Paris-based digital asset market data provider, to make Bloomberg’s licensed financial data accessible directly within blockchain environments rather than through traditional offchain databases. The companies said Thursday that the initiative is designed to address the challenge of inconsistent data across tokenized markets.  In many tokenized asset ecosystems, companies may rely on different versions of pricing data, security identifiers or reference information, increasing the risk of discrepancies and operational inefficiencies. By enabling a common, licensed data source to be embedded onchain, the collaboration aims to…

AI, Bitcoin Mining Firms Tap High-Yield Bonds for Data Centers

The AI and data center boom partly driven by Bitcoin miners is increasingly being financed through high-yield bond issuance, underscoring how lenders are pricing both risk and opportunity in the sector. According to TheEnergyMag’s latest newsletter, companies tied to AI data center development have raised about $33 billion in long-term senior notes over the past 12 months, excluding convertible debt — bonds that can later be converted into equity and typically carry different risk dynamics. The interest rate spread is notable: While regulated utilities and traditional energy companies generally borrow…