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CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute
CleanSpark, the Nasdaq-listed bitcoin miner, said on July 14 that it has signed a 20-year infrastructure lease with an unnamed high-investment-grade global technology company at its campus in Sandersville, Georgia.  The deal marks the firm’s largest step from pure bitcoin mining toward high-performance computing for hyperscale clients. The lease covers data center infrastructure that will […]
This post CleanSpark Signs $6.6 Billion Data Center Lease as Bitcoin Miner Pivots to Compute first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on Tuesday that the central bank has no interest in bailing out crypto or stablecoins if the sector faces a run, drawing a firm line during his first congressional testimony since taking the job. Warsh appeared before the committee for the Fed’s Semi-Annual Monetary […]

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UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools
The UK will introduce a "no gain, no loss" tax treatment for qualifying crypto lending and DeFi liquidity pool transactions from April 6, 2027, deferring Capital Gains Tax until users make an economic disposal of their cryptocurrency.
This post UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Senator Cynthia Lummis said on July 14 that the Senate’s CLARITY Act is ready after months of negotiations, with bill text expected to be introduced in the next few days before a planned push for a floor vote ahead of the August recess. Can the Senate Pass the CLARITY Act Before August? U.S. Senator Cynthia […]

A blockade on Iranian shipping and a much cooler than expected inflation report sent global markets through a two-day reversal this week. Stocks, bonds, crypto and metals all sold off Monday as the United States and Iran traded strikes near the Strait of Hormuz. President Trump announced a renewed naval blockade of Iranian ports, and […]

Crypto ETF flows started the week on a weak note on Monday, July 13, with bitcoin ETFs posting $424.66 million in outflows and ether funds losing $15.41 million. HYPE ETFs also slipped, while XRP and solana products saw no trading activity in a subdued session. Glassnode Says ETF Trading Volume Sits 78% Below Peak as […]

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White House Crypto Chief Patrick Witt to Begin Military Leave as Clarity Act Nears Senate Deadline
White House crypto adviser Patrick Witt will begin military leave later this month as the Senate enters a critical final stretch to pass the Clarity Act before the August recess.
This post White House Crypto Chief Patrick Witt to Begin Military Leave as Clarity Act Nears Senate Deadline first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

A U.K. government-backed digital markets taskforce has brought together 54 financial firms to develop live tokenization use cases, starting with tokenized repo. The initiative comes as the Treasury-backed report estimates tokenized markets could add up to £33 billion in annual UK output by 2035. UK Treasury Backs Tokenization Plan That Could Add $44 Billion by […]

An ethereum whale who has held 9,389 ETH for roughly four years is now sitting on a $23.8 million unrealized loss, Lookonchain reported. Furthermore, just hours earlier, the firm flagged two separate wallets pulling more than 20,000 ETH ($35 million) off exchanges. A Four-Year Round Trip Into Deep Red The wallet, tagged 0xFe99, received 9,389 […]

After a rapid three-day surge to an all-time high of $48.91 on July 13, the Dexe token dropped nearly 10% to $41.30 on July 14, bringing its market capitalization below $4 billion. Market Correction Pulls Dexe From Peak On July 14, the native token of the decentralized autonomous organization infrastructure protocol, Dexe, tumbled to $41.30, […]