Core Scientific plans to raise $3.3 billion through a junk bond sale to fund its shift from bitcoin mining to AI data center expansion. The move, announced in April 2026, reflects the rising demand for AI infrastructure and the need for significant capital to enhance computing capacity, power supply, and chip deployment amid strained global data center resources.
Ethereum's price has struggled to break above $2,385, with recent recovery efforts from $2,250 facing resistance. Trading around $2,320, ETH is consolidating within a rising channel, with key resistance at $2,385 and $2,400. A sustained move above these levels could push the price toward $2,430, but recovery remains fragile amid ongoing resistance.
The article discusses the ongoing symbolism of banks in Bitcoin history, featuring artist Alex Schaefer. While it does not specify amounts or dates, it highlights the cultural critique of traditional banking systems, emphasizing their decline. The piece underscores the narrative of financial revolution, with Bitcoin representing a shift away from conventional banking, reflecting ongoing tensions in the crypto space.
Bitcoin's price has rebounded above $75,000, with a key resistance at $77,350. The cryptocurrency is consolidating and could target higher levels if it clears this resistance. Currently trading above $75,500 and the 100-hour moving average, Bitcoin's bullish momentum depends on maintaining support above $75,000, with potential to reach $78,000 if momentum continues.
Bitcoin has recently rebounded into the mid-$70,000 range after bouncing from the mid-$60,000 zone. However, technical analysis indicates uncertainty, with overlapping patterns and a tightening triangle suggesting indecision. The current price action lacks the clarity of a strong bullish trend, raising questions about the sustainability of this rebound and the potential for a breakout.
Despite a 23% drop in Bitcoin and a 29% decline in Ethereum in early 2026, prediction markets are seen as a growth driver for Coinbase and Robinhood. Cantor Fitzgerald analyst Ramsey El-Assal notes investors are now prioritizing long-term innovation over short-term earnings. Trading volumes have decreased, with Coinbase’s monthly volume dropping from around $66 billion, but prediction markets offer new opportunities for future growth.
XRP deposits are now available on SoFi, expanding regulated crypto access for U.S. retail users. Ripple highlighted the move as increasing participation and utility, integrating XRP within a national bank platform. This development signals growing mainstream adoption of digital assets in traditional financial services, with XRP gaining regulated access and broader market presence.
