Public tests: Big ETH -Bellangen, AI Boost for Bitcoin Miners and 24/7 Trade

Public Keys is a weekly roundup of DecryptThat follows the most important listed crypto companies.

Pile

Ethereum Treasury Firm Sharplink Gaming is planning to use part of his ETH supply of $ 3.6 billion on the Linea network as soon as the Mainnet touches.

The company had almost all its participations delivering through its managers, Anchorage and Coinbase. But now it looks at opportunities with a higher yield.

“If you keep billions of dollars to ETH and you look at a portfolio of deportation, there will be a capacity to implement that by deploying opportunities on Linea,” said Sharplink Joseph Chalom Decrypt. “And that is real, very important, not only for consensys, but also for the Linea consortium. And if there are opportunities that Sharplink can make to get a better yield, a higher risk-corrected yield via the Linea network, we will do that.”

There has been a lot of interest in deporting and becoming Ethereum -Validators. The line to become a validator has a waiting time of more than 16 days, according to the Validator’s queue.

An Ethereum ICO walvis was recently awakened and this morning for $ 645 million in ETH moved to a Stak wallet -although they still have $ 1.1 billion in funds.

However, the news about setting up ETH has not been great for the share price of Sharplink. SBET has lost 4% and shares are currently being traded for $ 14.81. That is almost a decrease of 20% since the beginning of the week.

Which office hours?

SEC and CFTC leaders said on Friday that they are considering “24/7 markets” to match the cadence of the digital assets market.

“Further growing trade hours can better tailor the American markets to the developing reality of a global, always-economy,” said SEC chairman Paul Atkins and CFTC acting chairman Caroline Pham in a joint statement on Friday.

But the seats added that the trade around the clock may not fit well with all activation types.

When the change comes, the Trump administration has printed a different purpose in the financial markets.

The presidents said that the proposals all connect with a report released in July by the Trump government that the agencies instructs to release countless American restrictions on Crypto -trade.

It is an ironic turn 10 years after Wall Street companies had to forbid interns to draw all the Nighters.

Bitcoin -my workers get an AI boost

According to JP Morgan analysts, Bitcoin mini workers AI should thank for a new record-high market capitalization set last month.

Their combined market capitalization rose to $ 39 billion when companies occurred in their powerful computer pivots, which mainly serve the vorarious appetite of AI companies for computing power.

The Bitcoin and rising hashrates from last year are ruthlessly cut into the margins, but luckily there is a lot of demand in the GPU farms.

JP Morgan follows 13 American listed miners, including Iris Energy, Hut 8, Core Scientific, Marathon and Riot. The list also contains Terawulf, whose shares increased an amazing 83% after the company has raised its colocation and AI hosting agreement with Fluidstack.

This is less a scrabble for winning and more a sign of carefully landscaped plans to unpack. Many miners have been planning these pivots for years.

Other Keys

• Strategy is falling $ 450 million on Bitcoin: It is not surprising when the strategy buys more Bitcoin. He kept his line alive in the same week that his shares earned a repeated purchase paving of benchmark.
• Back in custody: US Bank has revived its Bitcoin guardianship service. The market capital of $ 60 billion has revived the program after a year -long break as the demand for more preservators of institutional quality swells.
• Metaplanet -Shareholder Crunch: Shareholders of the Japanese Bitcoin Treasury company have approved a capital increase of $ 884 million while the company has difficulty raising cash. An analyst told Decrypt He expects the company to hold its BTC buy pace, even if Bitcoin dives this month.