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Yahoo
4 days ago
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‘Risk assets are back in favor' says Bitdeer exec
'Risk assets are back in favor' says Bitdeer exec originally appeared on TheStreet. Bitcoin's recent climb to fresh highs stems from a convergence of factors, Bitdeer CFA Jeff LaBerge tells TheStreet Roundtable. 'Risk assets are becoming back in favor now,' he explains, citing clearer regulation and renewed macro appetite for growth assets. LaBerge notes that ETF inflows and the emergence of dedicated Bitcoin treasury firms have added further momentum — a combination that, if history repeats, could extend the current bull phase another 12 to 18 months. Looking beyond the traditional four‑year bull‑bear cycle, LaBerge argued that Bitcoin must evolve from a pure risk‑on asset into a true store of value. He pointed to April's volatility in equities, when Bitcoin rose about 15% despite a flat stock market, as an early sign of its flight‑to‑safety potential.'It's going to have to transition from being just a true risk‑on, risk‑off asset to acting more like digital gold,' he said — a shift he believes will reduce extreme swings and broaden adoption. Mining industry poised for growth LaBerge also highlighted how the mining sector is benefiting from today's rally. He explained that miners track 'hash price,' which combines Bitcoin's market price with global network hash rate to gauge profitability. With hash rate relatively steady even as prices climb, mining has become notably more lucrative — older machines now yield healthy returns, while new rigs such as Bitdeer's Sealminer A2 can generate a coin for roughly $30,000 to $35,000 in energy costs alone. Looking ahead, Bitdeer plans to launch its Sealminer A3 this quarter, boasting market‑leading efficiency. LaBerge expects this next‑generation rig to boost both self‑mining operations and third‑party also securing more flexible energy deals and diversifying into high‑performance computing and AI data centers to build resilience against future downturns. With a global portfolio spanning 2.7 gigawatts of secure power and onshore manufacturing coming to the U.S., LaBerge says Bitdeer is well positioned to weather any bear market — and help Bitcoin fully realize its role as digital gold. 'Risk assets are back in favor' says Bitdeer exec first appeared on TheStreet on Jul 24, 2025 This story was originally reported by TheStreet on Jul 24, 2025, where it first appeared.
Yahoo
5 days ago
- Business
- Yahoo
Bitcoin's rise is giving miners a bigger bump than you think, says HIVE's Frank Holmes
Bitcoin's rise is giving miners a bigger bump than you think, says HIVE's Frank Holmes originally appeared on TheStreet. The surge in Bitcoin's price isn't just good news for investors — it's a windfall for miners, especially those who hold their BTC instead of selling. Frank Holmes, Executive Chairman at HIVE Digital Technologies, told TheStreet Roundtable host Scott Melker in an interview that price increases have a double effect for mining companies that adopt a HODL strategy. 'They do, and what people don't realize is someone that hodls Bitcoin like we do, it gives you even a bigger bump when it comes mark to market,' Holmes said.'There's such a big push for companies to buy Bitcoin, as a treasury function in addition to having cash, having Bitcoin on their balance sheets. So I think that we're gonna get a big surprise the end of June. And then the end of September, Bitcoin's gonna be higher and that's just gonna be a bigger bump,' he added. Holmes compared HIVE's approach to firms like Iris Energy, which sells all of its mined Bitcoin instead of holding. 'So it's a different business strategy than let's say ourselves,' he said. Why Holmes thinks Bitcoin will keep climbing Melker pressed Holmes on why he's confident that Bitcoin will finish strong in third quarter. 'What was significant last week was the Genius Act going through,' Holmes said, referencing recent U.S. government initiatives perceived to be favorable to blockchain and Web3. 'I think it's very important people realize how the ramifications, it's nonlinear, nonlinear math, it's not from A to B. It's going to evolve or Web3 will grow substantially in America — and in particular now with the government support not attacking Web3 and Bitcoin is the backbone to Web3.' Holmes also believes stablecoins backed by U.S. banks will play a huge role in defending the dollar against China's de-dollarization efforts.'People want U.S. dollars — realize it — and it's the battle against China. China's trying to do everything to de-dollarize, to hurt America. Well all of a sudden now the solution back to it, the proof that digital economy works when you look at Bitcoin, it's now going to grow with a stablecoin.' 'And with that, Bitcoin's capped at 21 million coins. That scarcity element just makes it — the adoption process gets these big bumps that increase.' Bitcoin treasury trend is here to stay Melker also pointed out that 'Bitcoin treasury companies' like MicroStrategy are helping drive demand. 'Michael Saylor himself, seemingly buying over a half a billion for strategy every single week,' he noted. Holmes agreed, but said the miner-treasury company dynamic has shifted. 'I don't think it's as straight as it used to be, very straight correlated, high correlation, and now different strategies all of a sudden giving a different bid to them,' he said. But Holmes thinks one big narrative is taking over: purchasing power.'The crypto ecosystem has educated so many investors. It's not about the CPI because that number is fud. That number changes all the time,' he said, pointing to economists who track inflation using older CPI methods. 'They've reported that using the 1980 basket for CPI, it's running at 12%… Your purchasing power is off 30% to 50%.' 'So people are to say, how do I hedge that? Well, you buy Bitcoin. And if you're really conservative, you just want to preserve your capital, you go buy some gold. But if you really want to preserve your capital and make money, even though it's higher risk, you buy Bitcoin.' Bitcoin's rise is giving miners a bigger bump than you think, says HIVE's Frank Holmes first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared.
Yahoo
14-07-2025
- Business
- Yahoo
DePIN Explained: What is a Decentralized Physical Infrastructure Network?
DePIN Explained: What is a Decentralized Physical Infrastructure Network? originally appeared on TheStreet. When you hear DePIN, picture a global network of hardware nodes, like mapping stations or environmental sensors, that anyone can deploy and earn tokens for running. By contrast, traditional infrastructure rollouts require massive budgets, long lead times and centralized coordination. In an interview with TheStreet Roundtable, Amira Valliani, head of DePIN at the Solana Foundation, explained that DePIN, or 'decentralized physical infrastructure network,' is a token-driven model for community-built hardware. 'It is a business-model innovation that lets us build wide-reaching infrastructure faster and more affordably by using crypto incentives,' Valliani said. Instead of a single company buying and installing all hardware, DePIN networks invite individuals and small operators to set up nodes — often called waystations — and earn tokens in exchange for providing data or coverage. At first glance DePINs may remind you of gig-economy platforms like Uber or Airbnb — Valliani agrees there is a two-sided marketplace element, but she stresses the scale is very different. 'Those platforms solved service-industry problems,' she noted. 'DePINs allow us to address expensive infrastructure projects that require huge up-front investments from a handful of centralized players.' Tasks such as centimeter-level mapping, rural connectivity backhaul or large-scale environmental monitoring typically take years and billions of dollars to bring online — DePIN flips that model. According to Valliani, three trends have converged to put DePINs in the spotlight. First, hardware costs are down — improvements in manufacturing mean custom sensors and receivers no longer cost millions to produce. Second, capital is pricier — with tighter financing conditions and higher borrowing rates, companies can no longer absorb huge spending without clear near-term returns. Third, AI needs real-world data — modern AI models feed on online text and images but lack up-to-date, on-the-ground context. 'AI today draws mostly from online sources,' Valliani explained. 'It needs a direct connection to the physical world, exact location and live connectivity status. DePINs can fill that gap.' One of the most striking examples is GEODNET, a mapping company delivering centimeter-level accuracy globally. Valliani said that meter-level precision works for everyday navigation, 'but robots, drones and autonomous machinery often require centimeter-grade data to perform safely and efficiently.' In the past, building that kind of network across rural regions would have demanded hundreds of millions in hardware spend and extensive logistical planning. With DePIN, anyone can buy a waystation, install it on a rooftop or in a field and earn tokens for broadcasting ultra-precise location data — creating a network far larger than its nearest competitor at a fraction of the cost and time. By crowdsourcing hardware deployment, DePINs democratize access to critical infrastructure. Farmers, local ISPs and research institutions can join network expansion rather than wait for centralized corporations to build every node. As demand for real-world data climbs — driven by AI, the Internet of Things and climate monitoring — DePINs may become the framework for tomorrow's digital-physical infrastructure built by communities around the globe. Valliani acknowledges that token economics and governance present new challenges. DePIN networks must balance token issuance to reward node operators while avoiding inflation. They also need clear protocols for data validation and privacy to ensure information meets regulatory and quality standards. 'We are designing incentive mechanisms that encourage honest reporting and long-term participation,' she said. Hardware interoperability is another hurdle. Without common standards, data from different waystations may not integrate smoothly. The Solana Foundation is working with industry groups to develop open specifications so sensors and receivers can communicate seamlessly across networks. Despite these obstacles, Valliani remains optimistic. 'DePINs turn anyone into an infrastructure builder,' she said. 'That collective effort can outpace traditional deployments, both in scale and speed.' As token models mature and standards emerge, DePINs could reshape how the world builds and maintains everything from high-precision maps to environmental monitoring systems. DePIN Explained: What is a Decentralized Physical Infrastructure Network? first appeared on TheStreet on Jul 14, 2025 This story was originally reported by TheStreet on Jul 14, 2025, where it first appeared.
Yahoo
08-07-2025
- Business
- Yahoo
The lone wolf miners: How Bitcoin Merch is powering a grassroots mining revolution
The lone wolf miners: How Bitcoin Merch is powering a grassroots mining revolution originally appeared on TheStreet. In a space dominated by industrial rigs and mega-scale mining farms, Bitcoin Merch is quietly building something different: a network of nearly 100,000 solo miners—each running on less power than a light bulb. In a recent interview with TheStreet Roundtable, CEO Idan Abada broke down the philosophy behind Bitcoin Merch's 'lottery mining' model, which empowers everyday users to plug in, mine solo, and compete against giants—without joining a pool or overhauling their electric bill. 'Those devices actually have a better chance of hitting a block than the lottery at this point,' Abada said. 'You buy once, but it keeps working for you.' The company's flagship device draws just 15 watts, making it one of the most power-efficient Bitcoin miners available. Abada emphasized that while the odds of earning 3.25 BTC solo are slim, the goal is broader than personal profit—it's about bringing decentralization back to mining. 'If you have millions of people running them, we're actually hitting blocks left and right and competing against the big guys,' he noted. 'We split [electricity] into small little chunks that don't make a big difference in any one person's power bill. But together, we're very powerful.' Bitcoin Merch doesn't run a shared network. Each of the nearly 100,000 miners operates individually, a model Abada refers to as solo mining—or more playfully, lottery mining. 'They're all individual lone wolf miners,' he explained. 'Knowingly, they might never win. But as a group, some of us will.' And when someone does hit a block? You keep it all. You decide what to do with the Bitcoin. But the initiative isn't just technical—it's also visual. Each miner is designed to fit in your home, with a live Bitcoin price display and custom LED lighting. 'We make it into a beautiful business in your house,' Abada said. 'When people come over, they look at it and they're like, 'What is this?' I tell them, 'I'm mining Bitcoin.'' In a world where mining has grown synonymous with server racks, climate-control systems, and corporate-scale energy bills, Bitcoin Merch offers something else: participation that's tangible, accessible, and most importantly, yours. The lone wolf miners: How Bitcoin Merch is powering a grassroots mining revolution first appeared on TheStreet on Jun 16, 2025 This story was originally reported by TheStreet on Jun 16, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Exclusive: Aave founder sees U.S. push to lead in crypto, DeFi policy
Exclusive: Aave founder sees U.S. push to lead in crypto, DeFi policy originally appeared on TheStreet. Aave, a leading decentralized finance protocol that allows users to lend, borrow and earn interest on crypto assets, continues to expand its footprint in policymaking circles. In an interview with TheStreet Roundtable, Aave Labs founder Stani Kulechov reflected on discussions at the White House and Capitol Hill and the implications for both TradFi and DeFi. When asked about his meetings in Washington, D.C., Kulechov noted a prevailing sense of enthusiasm. 'I think overall, there is a real sense of optimism and environment to build products and protocols around decentralized finance as of today,' he said. He added that institutions and fintech firms are 'trying to understand how to leverage this technology' — a testament to growing mainstream interest. During his White House visit, Kulechov learned of a 'big push towards establishing the US as an epicenter for digital asset space, and specifically for crypto.' He highlighted efforts to secure Bitcoin reserves and preserve 'self-custodial access' — key pillars for the industry. Aave is a decentralized finance (DeFi) platform that lets people lend and borrow cryptocurrencies without a bank. Lenders earn interest by depositing crypto into shared liquidity pool. Borrowers take out loans using their own crypto as collateral — all powered by smart contracts. On Capitol Hill, discussions have centered on stablecoin legislation, notably the GENIUS Act. According to Kulechov, the act 'sets out ruling and reduces the ambiguity around what stablecoins are and how to think about them in terms of regulation.' That certainty, he explained, empowers fintechs to adopt stablecoins to settle transactions — reducing settlement time and improving velocity and efficiency. 'This has kickstarted a lot of discussions among not just fintechs, but also within big tech, e-commerce, and different types of even state-based issuers,' Kulechov said, as they explore how stablecoins could fit into business models or state-level initiatives. Kulechov also touched on the broader market structure bill in Congress. While he acknowledged that the legislation may evolve, he praised its role in defining regulatory boundaries. 'Understanding how to innovate in digital asset space and in DeFi — where does the oversight come from the SEC and how to transition to the oversight of CFTC over time as the network project matures.' He pointed to discussions at the Securities and Exchange Commission's DeFi roundtable — including talk of an exemption for DeFi innovation. 'I find this really agnostic approach,' Kulechov observed, noting that regulators are considering whether to focus on service providers rather than the underlying technology. With the U.S. charting a more defined course for both DeFi and stablecoins, Kulechov remains optimistic. 'I think there's a really good optimistic landscape at the moment within the US — and I think also we will see a lot of progress in other countries as well that are following the steps of US as fall down the line.' Exclusive: Aave founder sees U.S. push to lead in crypto, DeFi policy first appeared on TheStreet on Jul 8, 2025 This story was originally reported by TheStreet on Jul 8, 2025, where it first appeared. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
