Bitcoin mining infrastructure firm Luxor raises $16 million to expand AI business

The company plans to expand its AI business and hire about 12 people by year-end, COO Ethan Vera told The Block.
This story was originally published by The Block.

The company plans to expand its AI business and hire about 12 people by year-end, COO Ethan Vera told The Block.
This story was originally published by The Block.
Bitcoin fell below $80,000 as Samsung-driven tech weakness and a hawkish Fed hold triggered a broad risk-off move. Crypto futures saw $356 million in liquidations.
Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.
For the second straight week, Bitcoin’s price closed below $83,000, a key support level to confirm a bullish trend. This confirms a fake-out, according to popular analyst Benjamin Cowen. The analyst…
TL;DR: Switzerland’s FINMA has approved its first Swiss-law retail exchange-traded fund that invests directly in Bitcoin. The official source also identifies specific limits or future steps, so…
Microsoft Copilot AI predicts a wildly unimaginable move for Bitcoin (BTC USD) could be in play starting this week, after the Federal Reserve’s October 28 FOMC meeting is done and dusted.Imagine that…
Bitcoin treasury company Datavault AI has disclosed that it has been unable to withdraw BTC held by crypto exchange Biconomy since requesting a transfer in June. The revelation saw the company’s…