Bitcoin miner TeraWulf to raise $3B for Google-backed data center: Report

Cipher Mining has secured a groundbreaking $3 billion deal with Fluidstack, a move that is set to significantly enhance its high-performance computing capabilities. This partnership, backed by tech giant Google, highlights the growing importance of advanced computing solutions in the digital landscape. The deal not only positions Cipher Mining as a leader in the industry but also underscores the increasing investment in technology that supports cryptocurrency and blockchain operations.

Morgan Stanley is set to launch a new crypto asset-allocation strategy for its client portfolios, marking a significant step in the integration of digital assets into traditional finance. This move comes alongside E*Trade's announcement to enable trading of major cryptocurrencies like Bitcoin, Ethereum, and Solana starting in 2026. This development is important as it reflects growing institutional interest in cryptocurrencies and could pave the way for more investors to enter the crypto market.

Google's recent investment in Cipher Mining, acquiring a 5.4% stake through a $1.4 billion backing of Fluidstack's obligations, marks a significant move in the cryptocurrency and AI sectors. This $3 billion deal not only strengthens Google's position in the Bitcoin mining industry but also highlights the growing intersection of AI and blockchain technology. As companies increasingly look to integrate these technologies, this partnership could pave the way for innovative developments in data processing and energy efficiency.

Cipher Mining's stock has seen a 5% increase following a significant partnership with Google, which will involve an equity stake through Fluidstack. This collaboration highlights the growing trend of tech companies investing in AI infrastructure, and it positions Cipher Mining favorably in the competitive landscape of cryptocurrency mining. Such partnerships can lead to enhanced resources and capabilities, ultimately benefiting investors and the market.

The internet, once envisioned as a decentralized space, has become dominated by giants like Amazon and Google. However, innovations such as state channels are paving the way for a return to this original vision by facilitating fast and secure peer-to-peer interactions without the need for trusted intermediaries. This shift is crucial as it empowers users and promotes a more equitable online environment, according to Alexis Sirkia from Yellow Network.

Tether has appointed Benjamin Habbel, a former Google executive, as its new Chief Business Officer. With his extensive experience in AI and digital infrastructure from both Google and Limestone Capital, Habbel is expected to bring innovative strategies to Tether. This leadership change is significant as it reflects Tether's commitment to enhancing its business operations and adapting to the evolving digital landscape.

Morgan Stanley is making waves in the financial world by announcing its plans to launch cryptocurrency trading services on its E*Trade platform by 2026. This move, in partnership with Zerohash, highlights the growing acceptance of digital assets among major financial institutions. It matters because it signals a shift in how traditional finance is embracing cryptocurrencies, potentially opening the door for more investors to enter the crypto market.

Morgan Stanley is set to enhance its offerings by allowing E*Trade customers to engage in major cryptocurrency trading. This move is significant as it reflects the growing acceptance of digital currencies in mainstream finance, providing investors with more options and potentially increasing market participation. As traditional financial institutions embrace crypto, it could lead to greater stability and innovation in the financial sector.

Morgan Stanley is making waves in the financial world by announcing plans to offer cryptocurrency trading on its E-Trade platform starting in 2026. This partnership with Zerohash, a digital assets platform, signifies a major step towards integrating traditional finance with the burgeoning crypto market. This move not only reflects the growing acceptance of cryptocurrencies but also opens up new investment opportunities for E-Trade users, potentially attracting a younger, tech-savvy clientele.

Morgan Stanley is set to launch its own crypto trading service on the E*Trade platform in early 2026, thanks to a partnership with Zerohash. This move allows E*Trade clients to trade popular cryptocurrencies like Bitcoin, Ethereum, and Solana, marking a significant advancement in the financial services sector's embrace of digital assets. This initiative not only highlights Morgan Stanley's commitment to innovation but also reflects the growing acceptance of cryptocurrencies in mainstream finance.

Ethereum is making headlines again as analysts predict its price could skyrocket to $33,000. Vitalik Buterin, the founder of Ethereum, believes that the cryptocurrency could have a transformative impact on finance, similar to how Google revolutionized search. This potential 'Google Moment' for Ethereum highlights the growing interest in low-risk decentralized finance (DeFi) solutions, which could attract more investors and reshape the financial landscape.

Zerohash, a crypto infrastructure firm, has successfully raised $104 million in a funding round led by major players like Interactive Brokers and Morgan Stanley. This significant investment highlights the growing confidence in the cryptocurrency sector and the increasing interest from traditional financial institutions. With participation from notable firms such as Apollo-managed funds, SoFi, Jump Crypto, and IMC, this funding will likely bolster Zerohash's capabilities and expand its offerings, making it a key player in the evolving crypto landscape.

The article delves into the ongoing debate about whether Bitcoin's hard cap of 21 million can be altered. It highlights the historical attempts to change this limit and discusses the challenges faced in creating a viable alternative to Bitcoin, which remains the leading cryptocurrency. Understanding this topic is crucial as it impacts the future of digital currencies and their acceptance in the financial world.

Circle, a leading stablecoin issuer, is making waves by proposing on-chain refunds for USDC on its Arc blockchain. This innovative approach aims to help institutions manage disputes more effectively, combining the rapid transaction capabilities of blockchain technology with the safety features typically associated with traditional banking. This move could enhance trust and efficiency in digital transactions, making it a significant development in the financial landscape.

Sui's price is currently testing support around $3.10, which is a crucial level for traders as they look for signs of recovery. Despite a slight dip of 3.5% in the last 24 hours, the rising trading volume and new partnerships indicate a growing institutional demand that could strengthen Sui's long-term prospects. This situation is significant as it reflects the market's confidence in Sui and could attract more investors looking for opportunities in the cryptocurrency space.

Ethereum ETFs are facing a tough time, with losses extending for a fourth consecutive day as ETH drops below the crucial $4,000 threshold. On September 25, these ETFs saw net outflows of $251.20 million, indicating a shift in institutional sentiment towards a more bearish outlook. This trend is significant as it reflects growing concerns among investors about the future performance of Ethereum, which could impact the broader cryptocurrency market.

Robbie Mitchnick, BlackRock's global head of digital assets, recently shared insights on the current state of institutional adoption of crypto exchange-traded funds (ETFs). He emphasized that while retail adoption is thriving, institutional interest is still in its infancy. This is significant as it highlights the potential for growth in the crypto market, especially with established players like BlackRock leading the charge with their Bitcoin and Ethereum products.

Michael Egorov, the founder of Curve Finance, has launched a new Bitcoin yield protocol that aims to enhance the earning potential for Bitcoin holders. This development is significant as it not only showcases innovation in the cryptocurrency space but also provides users with more opportunities to generate passive income from their Bitcoin investments.