Category AI Crypto

Your daily source for news on AI-native tokens and blockchain projects at the intersection of artificial intelligence and digital assets. Covering TAO, FET, RENDER, NEAR, ICP and the broader AI crypto ecosystem.

Tom Lee and BitMine’s Latest Ethereum Purchase Faces Community Backlash

Tom Lee’s Bitmine Immersion Technologies has bought 10,000 ether (ETH) from the Ethereum Foundation (EF) through an over-the-counter (OTC) transaction. The trade settled at an average price of $2,387, the foundation has confirmed. The deal moves roughly $23.9 million worth…

Crypto Bears Lose $420 Million in Brutal Short Squeeze

Over $422 million in crypto positions were liquidated in the past 24 hours as markets experienced volatile two-way price action. Short sellers suffered significant losses during a market bounce that caught them off guard. Crypto Short Squeeze Accelerates in Recent…