TeraWulf signs $19 billion AI data center lease agreement and exits Bitcoin mining

TeraWulf has signed a 20-year, $19 billion lease agreement for the Anthropic data center and announced its withdrawal from the Bitcoin mining business. Franklin Crypto discusses the disconnect between cryptocurrency prices and fundamentals, Binance US plans to compete for 20% of the US market share through a near zero fee strategy, while Bitcoin and Ethereum ETFs end eight consecutive weeks of fund outflows. （CoinDesk）