“AI and High-Person Computing Demand Fuel Fresh Gains, With Mines Eyeing A Potential $ 100 Billion Market Cap by Year-End”, – WRITE: www.coindesk.com
Iren (iren) is up 4% at $ 66 After A 6% Rise On Thursday, Now Up More than 520% Year-to-Date. Terrawulf (Wulf) is 5% Higher Pre-Market After A 10% Surge On Thursday, Bringing ITS YTD GAIN TO 150%. Other Notable Movers Include Cipher Mining (CIFR) Cleanspark (CLSK) and Bitfarms (Bitf), WHICH All Trade 2% -4% Higher in Pre-Market.
The Total Market Capitalization of the Miners Is Nearing $ 90 Billion, Account to Farside Data, and on this Current Trend Could Could Surpass $ 100 Billion by Year-End IF Currentum Contum.
The Sector Is Also Benefiting from Broader Trends, with Bloomberg Reporting that Microsoft’s (Msft) Data Center Shortages Will Persist Into 2026 Due to Soaring Cloud And Ai Domand.
Despite Adding as Much as Two Gigawatts of New Capacity, Microsoft Is Still Struggling to Scale Infrastructure Quickly Enough to Meet Demand. As the growing demand for High-performance infrastructure continues, this is Boosting Optimism AUNDING MINers Expanding Into AI and Data Center.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
View Full Report
With the Sec Running on Skeleton Staff Durying The Prolonged US Government Shutdown, Crypto etf Reviews Are Effectiely Frozen. A weeks -long pause could Push Cardano’s Long-Awaited etf Decision Past ITS 2025 Deadline and Into the New Year.
- The Sec’s Fast-Track Approval Process for Altcoin Etfs Could Be Stymied by a Potential Government Shutdown, Affecting Applications Like Cardano’s.
- Polymarket Bettors Currently Predict A 36% CHANCE OF A MONTH-LONG GOVERNMENT SHUTDOWN, WHICH COURCK
- With Limited Sec Staff Durying A Shutdown, The BackLog of Crypto etf Applications May Not Clear Before The End of the Year.
Read Full Story