Estefano Gomez

Articles by Estefano Gomez

BitMine’s ETH stack plunges into $8B loss as Ethereum drops below $2K

Crypto February 6, 2026

ETH drops 35% YTD to $1,950 triggering steep paper losses and sending BitMine stock down 88% from its peak. Ethereum extended its 2026 decline on Thursday, falling 8% to a new yearly low below $1,950οΏ½...

Strategy faces $7.5B unrealized loss as Bitcoin sinks near $65K ahead of Q4 earnings

Crypto February 6, 2026

Shares drop 14% as investors brace for potential quarterly loss and question equity-funded BTC accumulation strategy. Strategy, the largest corporate Bitcoin treasury holder, is heading into its fourοΏ½...

XRP plunges 17% in sharpest one-day drop since 2025 as token crashes below $1.25

Crypto February 6, 2026

Weekly losses near 30% but XRP ETFs continue to see net inflows with $24M added this week and $1.2B total since November launch. XRP plunged over 17% on Thursday, its steepest one-day loss since OctoοΏ½...

Amazon in talks with OpenAI to develop custom AI models for Alexa and broader product suite

Crypto February 5, 2026

Discussions follow reports of a potential $50B Amazon investment as OpenAI balances cloud commitments and rival partnerships. Amazon has entered discussions with OpenAI on developing customized artifοΏ½...

Fidelity stablecoin FIDD goes live as Wall Street moves deeper onchain

Crypto February 5, 2026

Asset manager debuts its first dollar backed stablecoin following US regulatory clarity under the GENIUS Act. Fidelity Investments has launched its first stablecoin, Fidelity Digital Dollar, marking οΏ½...

Nansen debuts NX8 index tracking BTC, ETH, SOL, HYPE and other L1 leaders

Crypto February 4, 2026

NX8 tracks BTC, ETH, SOL, and other major blockchains, offering multichain access and DeFi yield as Nansen expands beyond analytics. Nansen, the blockchain analytics firm, today launched NX8, a tokenοΏ½...

SpaceX acquires xAI as Musk pitches orbital data centers ahead of $1 trillion IPO

Crypto February 4, 2026

Internal memo outlines a SpaceX xAI tie up and space based compute vision as reports point to mid June IPO talks targeting a $1.5 trillion valuation. SpaceX has acquired xAI, Elon Musk’s artificial ...

Robinhood stock sinks 10% to 7-month low as crypto correction deepens

Crypto February 3, 2026

Shares hit 7-month low as crypto-linked revenues face pressure ahead of February earnings. Robinhood shares fell more than 10% on Monday, sliding to $89, their lowest level since late June 2025, as aοΏ½...

Hyperliquid introduces outcome trading via HIP-4 as HYPE jumps over 10%

Crypto February 3, 2026

The upgrade introduces fully collateralized prediction and bounded outcome markets without leverage or liquidations. Hyperliquid is rolling out outcome trading through its HIP-4 protocol upgrade, addοΏ½...

BitMine continues ETH accumulation with 41K buy as unrealized losses top $6B

Crypto February 3, 2026

Tom Lee-chaired firm continues Ethereum accumulation during market selloff as ETH rebounds toward $2,350. BitMine Immersion Technologies is continuing its ETH accumulation strategy, acquiring 41,788 οΏ½...