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Naga Avan-Nomayo

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As seen in: The Block, Yahoo Finance, Flipboard, EIN News, Crypto News, Blogarama, Ethereum World News, The Wealth Advisor, Fintech News, Crypto-News, Coinlive and
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Bitcoin miner HIVE inks five-year $350 million AI cloud contract, adds $70 million in annualized revenue

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By Naga Avan-Nomayo Verified
| The Block Verified
Bitcoin miner HIVE Digital Technologies (HIVE) has signed a five-year GPU cloud services agreement worth about $350 million through its BUZZ High Performance Computing subsidiary, expanding its AI business with a second big deal in two months. HIVE did not name the counterparty, describing it only as an investment-grade enterprise customer.
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Kraken parent Payward posts $508 million in Q2 adjusted revenue as growth broadens beyond crypto trading

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By Naga Avan-Nomayo Verified
| The Block Verified
Payward, Kraken's parent company, reported second-quarter adjusted revenue of $508 million, up 17% year over year, and remained adjusted EBITDA positive at $23 million for the quarter ended June 30. Payward's growth came despite a decline in crypto spot volumes across the industry.
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Bitcoin continues ranging as crowded longs meet soft inflation, the quietest tape since 2019: analysts

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By Naga Avan-Nomayo Verified
| The Block Verified
Bitcoin (BTC) stayed range-bound on Thursday, pinned below $64,000, as soft inflation data failed to lift crypto market sentiment. July’s Consumer Price Index (CPI), out Tuesday, was largely unchanged — core inflation slipped a tenth to 2.5% and the headline rate stayed flat. Soft wholesale inflation data on Thursday still failed to bring in any meaningful buying interest. Indeed, wholesale inflation gave the market nothing to fear on Thursday.
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