Keel, Hive Shares Jump as Companies Continue Shift From Bitcoin Mining to AI
Decrypt·60-word summary·1 min read
Keel, formerly Bitfarms, and Hive have shifted focus from Bitcoin mining to AI, with Hive raising $115 million and Keel selling a mining facility. The moves reflect a broader industry trend as companies pivot toward artificial intelligence opportunities amid changing market dynamics. The developments occurred in April 2026, highlighting a strategic industry transition.
Kevin Warsh, President Trump's Fed pick, warned of tighter liquidity by aiming to shrink the Fed's balance sheet, signaling potential monetary tightening. This stance, rather than rate cuts, influenced Bitcoin's market sentiment, as reduced liquidity could impact crypto trading and prices. The comments, made in 2026, highlight concerns over future monetary policy and its effects on Bitcoin.
Bitcoin's Coinbase premium has remained positive for 14 consecutive days, indicating sustained U.S. buying pressure and increased risk appetite. The premium, which measures the price difference between Coinbase and Binance, signals strong institutional interest. Bitcoin has stayed above the mid-$70,000 range, with recent volatility impacting short sellers. This trend suggests growing confidence in the market from U.S. investors.
On April 20, 2026, two armed men held a French family hostage in Ploudalmezeau for over three hours, forcing them to transfer approximately $820,000 in cryptocurrency before fleeing in a stolen vehicle. The incident highlights ongoing security risks in the crypto space, with criminals targeting high-value digital assets through violent means.
A new documentary, "Finding Satoshi," released on April 19, 2026, suggests that Bitcoin's creator was a duo, not an individual. The film, based on four years of investigation, identifies Hal Finney and Len Sassaman as the possible figures behind Satoshi Nakamoto. While it offers no definitive proof, it revives the longstanding mystery surrounding Bitcoin's pseudonymous founder.
Jumper, a DeFi aggregator, announced on April 22, 2026, that it has integrated the TRON network, enabling cross-chain transfers via a single transaction. Jumper now supports swaps and transfers across 63 blockchains, enhancing interoperability. This integration aims to simplify cross-chain activities for users, marking a significant step in DeFi ecosystem expansion.
A $138 million Bitcoin investment by Morgan Stanley into its Bitcoin-tracking fund has sparked a rally, pushing Bitcoin above $80,000. The move signals increased institutional trust and a shift toward on-chain finance, with the fund attracting over $100 million in its first week. Despite past volatility, traders remain optimistic about Bitcoin’s potential for new highs amid broader institutional adoption.