Bitcoin Miners Fleeing to AI? HIVE, CPI & Solana's Tokenized Exchange | Crypto Talk

Are Bitcoin miners quietly turning into AI data centers? HIVE just landed a new annual revenue deal worth about $45 million, mainly from AI, and it's not alone: Riot Platforms and others are seeing AI margins three to five times better than mining. So who will mine the Bitcoin? In this week's Crypto Talk: • Bitcoin: CPI came in a little higher than expected, making a Fed rate hike in December more likely. BTC is back at the top of its 60K–73K range. • Ethereum: a wallet linked to the Ethereum Foundation sold another 1,000 ETH (about $2 million), Vitalik Buterin said at Devcon that ETH is money, and Tom Lee's BitMine now holds about 4.97% of all ETH. ETH is back around $1,800. • Solana: Helius brings Solana Privacy Rings to mainnet, Fidelity says Solana now accounts for 15% of major U.S. exchange trades, and Galaxy Digital, Exodus Movement and Forward Industries are building a tokenized stock exchange on Solana with Orca's technology. SOL dropped from around $120 to about $84. Chapters: 00:00 This week: Bitcoin, Ethereum and Solana 00:13 Swissquote intro and risk notice 00:33 Bitcoin miner HIVE: the shift to AI 02:03 CPI, inflation and Fed expectations 02:50 Bitcoin chart analysis 03:32 Ethereum: the Foundation, Vitalik and BitMine 04:37 Ethereum chart analysis 04:56 Solana: Helius and Privacy Rings 05:28 Fidelity on Solana trading 05:38 Solana and the tokenized stock exchange 06:12 Solana chart analysis and outlook 06:49 Disclaimer Subscribe so you don't miss any crypto news. This video is not financial advice. Trading and investing carry risks, including capital loss. CFDs and digital assets are volatile and not suitable for everyone. Swissquote assumes no responsibility for accuracy or losses from its use. Products and services are offered only where legally permitted. #crypto #cryptonews #cryptotrading #swissquote