What to know:
- Bitcoin mining stocks, like tired goats, trudge upward as if they’ve just remembered they have dreams; macroeconomic chatter and a 20-year AI energy deal have lifted their spirits—or so it seems.
- Cryptocurrencies are not feeling quite as melancholic—BTC strolls up by 1.8%, and the CoinDesk 20 index swells by 2.8%, fueled by heroes like SOL, UNI, AAVE, and NEAR—they’re the neighborhood’s overachievers.
- Meta, ever the visionary, signed a 20-year contract with a nuclear power plant for AI’s midnight snack—greedy tech giants throwing money around like confetti, possibly to power our inept global data centers or just as a bizarre hobby.
Bitcoin’s recent flirtation with record highs hasn’t exactly turned miners into overnight millionaires—more like they are trying to find their lost keys under the couch. Yet, with AI’s insatiable energy appetite, perhaps these miners will find salvation in the dark depths of nuclear power. 💡
Meanwhile, Meta’s grand nuclear love affair, inked this Tuesday, involves a 1.1 gigawatt dalliance for AI pursuits—because who wouldn’t want their data centers fueled by the same stuff that powers your SUV? 🚗🔥
Bitcoin miners—those rugged individualists—are catching on. MARA Holdings, Riot Platforms, Hut 8, Core Scientific, and CleanSpark are all boasting 7-8% gains, as if they just discovered they’re sitting on a gold mine (or at least a good-sized chocolate bar). Each is looking pretty spry with less than an hour before U.S. markets shut their eyes for the night.
CoreWeave, the darling of the AI crowd, is up 23%—a record-breaking feat—rising more than 270% since jumping into the market in March. Looks like everyone wants a piece of the AI pie, or just the pie itself. 🥧
As for cryptocurrencies, they are gently floating in the green—BTC at $106,200 (because apparently that’s the new normal), and the CoinDesk 20 index up 2.8%. Solana, Uniswap, and AAVE each gained a modest 5-6%, proving that even in chaos, there is a tiny semblance of order. Crypto stocks Coinbase and MicroStrategy dance around with gains of 4.6% and 4.2%, respectively—nothing like a good market picnic. 🍉
Traditional markets follow suit—Nasdaq climbs 0.8% and S&P 500 adds a modest 0.6%, just enough to remind everyone that life goes on, and so does the madness.
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2025-06-03 23:17