Bitdeer signs $400 million five-year computing power purchase agreement
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Bitdeer has signed a five-year off take agreement worth approximately $400 million for about half of its computing power in the Malaysia AI cloud facility. (Cointelegraph)
Nasdaq has approved the listing application of Canary Capital's Canary Staked INJ ETF, trading under the ticker symbol INJC. The fund plans to use at least 90% of its INJ assets for online staking under normal circumstances. BitGo will act as custodian, and public trading will be contingent upon the S-1 registration statement becoming effective.
At 02:14, the USDC Treasury minted 250 million USDC on the Solana network, worth approximately $250 million. Solscan data shows that the minting transaction has been confirmed.
[$57.73 million worth of BTC was traded in a single transaction, originating from Hyperliquid perpetual contracts.]
Market funds are becoming active, with several aggressive trades disrupting the calm. The next moves remain uncertain.
House Democrats are discussing expanding the Crypto Investors and Consumers Rights Act into a broader crypto market structure bill in the next Congress, incorporating provisions of the CLARITY Act and terms previously agreed upon by Senate Democrats and Republicans.
The proposals under discussion include giving the SEC a greater regulatory role in the crypto market and limiting the role of the CFTC, while Democrats are considering ethical provisions to restrict the involvement of President Trump and other federal officials in crypto business.