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HIVE Digital quietly trades hashprice for GPU hours

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OpenAI launches smart contract security evaluation system

Under hostile Swedish tax rules, HIVE Digital is winding down Bitcoin mining and quadrupling Canadian AI data‑center capacity, swapping halving risk for contracted GPU revenue.

Summary

  • HIVE says “misuse” of tax rules in Boden has turned Swedish ASIC mining into an opaque, uneconomic business and is weighing a full exit.
  • Through BUZZ HPC, HIVE is expanding liquid‑cooled AI facilities in Canada from 4 MW to 16.6 MW, backing roughly 4,000 high‑end GPUs.
  • The firm is rotating from pure Bitcoin beta to selling compute as a service to AI and HPC clients on contracts, trading hashprice whiplash for steadier ARR.

HIVE Digital is quietly admitting the old Bitcoin‑only mining model is broken. Under tax and regulatory pressure in Sweden, the miner is pivoting hard into AI and high‑performance computing (HPC) capacity in Canada, effectively swapping volatile block rewards for steadier data‑center cash flow.

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The listed firm said its ASIC Bitcoin mining operations in Boden, Sweden, have become economically unstable due to what it calls “misuse of existing tax rules” by local authorities. Those include mandatory margin requirements and other measures that introduce opaque, unhedgeable costs into a business that already runs on thin, highly cyclical margins. Instead of fighting a drawn‑out regulatory battle in a secondary jurisdiction, HIVE is gradually scaling down Swedish production and openly signaling that a full exit from Bitcoin mining in the country is on the table.

The capital is being redeployed into infrastructure for a very different demand curve. Through its BUZZ High Performance Computing subsidiary, HIVE plans to quadruple the capacity of its liquid‑cooled AI data center footprint in Canada, from 4 megawatts in Manitoba to 16.6 MW spread across two provinces. The build‑out includes a 5 MW hosting site in British Columbia engineered to expand to 12.6 MW as utilization grows, giving the company a modular way to scale with AI workloads instead of with hashprice.

Strategically, this is the trade many miners have talked about but few have executed with conviction: rotate from pure Bitcoin beta toward selling compute as a service to AI and HPC clients willing to sign contracts. In market terms, HIVE is swapping exposure to halvings, difficulty jumps and ETF flows for exposure to AI model training budgets and enterprise cloud‑spending cycles. If it works, the firm keeps the upside of owning power‑dense infrastructure while compressing the volatility that has wrecked multiple listed miners in past bear markets.

The risk is straightforward. HIVE now has to compete not just with other miners, but with hyperscalers and specialist AI data‑center operators in a capex arms race where efficiency, client mix and power contracts decide who survives the next downturn. But as Sweden’s tax environment turns hostile and Bitcoin mining economics whipsaw around the halving, standing still is worse. HIVE’s bet is that the next real bull market for infrastructure is denominated in tokens of GPU hours, not just satoshis.

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Lido’s community staking module sharpens its edge with DVT clusters

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Lido’s community staking module sharpens its edge with DVT clusters

Lido’s new IDVTC design lets verified solo stakers form DVT clusters, slashing collateral needs while hardening Ethereum validator risk and sustaining staking yields.

Lido’s community staking module is about to stop pretending this is still a game for whales only. A new proposal to introduce an “Identified DVT Cluster” (IDVTC) operator type would let verified independent stakers pool into distributed validator clusters, cutting collateral requirements while hardening the protocol’s weakest link: operational risk.

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Under the plan, each IDVTC cluster consists of four independent community stakers, all running validators via Obol or SSV with keys created through distributed key generation (DKG). In practice, that means no single operator can take a validator down, mis‑configure a client, or disappear without the rest of the cluster absorbing the shock. Distributed validator technology (DVT) spreads duties and key shares across multiple nodes, so slashing and downtime events become outliers instead of structural risk.

Because the risk profile improves, Lido can justify lowering collateral requirements for these operators. That is the capital-efficiency play: you move from over‑collateralized, quasi‑professional setups to leaner independent operators whose main constraint is competence, not balance sheet size. For Lido, this broadens the operator base without opening the door to pure anon fly‑by‑night nodes, since IDVTC membership is restricted to verified Independent Community Stakers (ICS) who pass onboarding checks.

Timing matters. The IDVTC feature is targeted for launch with CSM v3 in Q2–Q3 2026, squarely into the next phase of Ethereum’s staking cycle and a more competitive liquid staking market. Restaking, AVSs and competing LSTs are already bidding for the same underlying validator set. Bring down collateral, keep slashing risk contained, and you have a better story for decentralization and yield sustainability than “more TVL, same handful of operators.”

If executed, IDVTC pushes Lido closer to a model where independent stakers look more like a distributed credit book: risk‑tiered, clustered, and modular. For investors, the signal is simple: Lido is trying to buy resilience and decentralization with better engineering instead of higher issuance. In a market where basis trades and ETF flows are already compressing staking spreads, that is the only credible way to keep the yield machine running without blowing up the tail risk.

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Bitcoin Trend Reversal Possible If $74K Holds, Will Altcoins Follow?

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Bitcoin Trend Reversal Possible If $74K Holds, Will Altcoins Follow?

Key points:

  • Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000. 

  • Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels.

Bitcoin (BTC) rallied to $74,508 on Monday, a level that is a key near-term resistance. Crypto sentiment platform Santiment said in a recent report that wallets holding between 10 and 10,000 BTC have started accumulating, which in the past was a bullish sign.

US spot BTC exchange-traded funds (ETFs) have also attracted investors, recording five straight days of inflows last week. Bernstein said in a Monday research note shared with Cointelegraph that sustained inflows into BTC ETFs and steady corporate buying by companies such as Strategy have strengthened BTC’s long-term holder base, contributing to a more stable market structure during periods of stress.

Crypto market data daily view. Source: TradingView

BTC is showing signs of a trend reversal, but the bears are unlikely to give up easily. Higher levels are likely to attract sellers who will attempt to trap the aggressive bulls. Material Indicators cofounder Keith Alan said in a video analysis that BTC is still in a bear market, and the price may retest the support near $60,000

Could buyers sustain BTC and major altcoins above their resistance levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out. 

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S&P 500 Index price prediction

The S&P 500 Index (SPX) turned down from the 20-day exponential moving average (6,799) on Tuesday, indicating a negative sentiment.

SPX daily chart. Source: Cointelegraph/TradingView

The index may reach the 6,550 level, which is a crucial level to watch out for. If the price rebounds off the 6,550 level with force, the index may reach the 20-day EMA, where the bears are expected to step in. If the price turns down sharply from the 20-day EMA, the likelihood of a break below the 6,550 level increases. The correction may then deepen to the 6,350 level.

On the contrary, a close above the moving averages suggests that the index may remain inside the 6,550 to 7,002 range for a while longer.

US Dollar Index price prediction

The US Dollar Index (DXY) reached the 100.54 resistance on Friday, which is a critical level to watch out for.

DXY daily chart. Source: Cointelegraph/TradingView

The upsloping 20-day EMA (98.76) and the RSI near the overbought zone suggest that the path of least resistance is to the upside. If buyers thrust the price above the 100.54 level, the index might start a new uptrend to the 102 level and later to the 103.54 level.

Contrary to this assumption, if the price turns down sharply from the current level and breaks below the moving averages, it suggests that the index may remain inside the 95.50 to 100.54 range for some more time.

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Bitcoin price prediction

BTC continued its upward march and reached the $74,508 resistance, where the bears are expected to mount a strong defense.

BTC/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($70,028) has started to turn up, and the RSI is in the positive territory, indicating that the buyers are attempting to take charge. A close above the $74,508 level will complete a bullish ascending triangle pattern, opening the gates for a rally to $84,000. Such a move suggests that the downtrend may be over.

Sellers will have to pull the BTC price below the moving averages to weaken the bulls. The BTC/USDT pair may then slump to the support line. A close below the support line tilts the advantage back in favor of the bears.

Ether price prediction

Ether’s (ETH) consolidation between $1,750 and $2,111 resolved to the upside with a breakout on Sunday.

ETH/USDT daily chart. Source: Cointelegraph/TradingView

The moving averages are on the verge of a bullish crossover, and the RSI is in the positive zone, indicating that buyers are back in the game. The ETH price may rally to $2,600 and then to $3,450. Such a move suggests that the ETH/USDT pair may have bottomed out at $1,747.

The 20-day EMA ($2,072) is the vital support to watch out for on the downside. A close below the 20-day EMA signals that the bears are active at higher levels. The pair may then tumble to $1,916.

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BNB price prediction

BNB (BNB) closed above the $670 resistance on Sunday, but the bulls are struggling to sustain the higher levels.

BNB/USDT daily chart. Source: Cointelegraph/TradingView

The 20-day EMA ($646) is the critical support to watch out for on the downside. If the price bounces off the 20-day EMA with strength, the BNB/USDT pair may rally to $730 and subsequently to $790.

This positive view will be invalidated in the near term if the BNB price continues lower and breaks below the 20-day EMA. That may keep the pair range-bound between $570 and $670 for a while longer.

XRP price prediction

XRP (XRP) has risen above the 50-day simple moving average ($1.46), indicating sustained buying by the bulls.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

If the XRP price closes above the 50-day SMA, the next stop is likely to be the breakdown level of $1.61. If the price turns down from $1.61 but finds support at the 20-day EMA ($1.41), it suggests a bullish sentiment. The XRP/USDT pair may then climb to the downtrend line.

On the contrary, if the price turns down from the overhead resistance and breaks below the 20-day EMA, it signals that the bears are selling on minor rallies. That may retain the price inside the descending channel pattern.

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Solana price prediction

Solana (SOL) has reached the breakdown level of $95, which is a critical overhead resistance to keep an eye on.

SOL/USDT daily chart. Source: Cointelegraph/TradingView

If buyers overcome the barrier, the SOL/USDT pair may surge to $117. Sellers are expected to pose a substantial challenge at $117, but on the way down, if the bulls maintain the SOL price above $95, it suggests a positive sentiment. That increases the possibility of a rally to $147.

Instead, if the price turns down sharply from the current level and breaks below the 20-day EMA ($87), it suggests that the pair may extend its stay inside the $76 to $95 range for some more time.

Related: Bitcoin hits $74.4K six-week high as analysts see ‘more upside’ for BTC

Dogecoin price prediction

Dogecoin (DOGE) has risen above the 50-day SMA ($0.10), indicating that the bears are losing their grip.

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DOGE/USDT daily chart. Source: Cointelegraph/TradingView

The DOGE/USDT pair may rally to the breakdown level of $0.12, where the bears are expected to sell aggressively. If the DOGE price turns down sharply from $0.12, it points to a possible range formation. The pair may swing between $0.09 and $0.12 for a few days.

On the other hand, a break and close above the $0.12 resistance signals that the bulls are back in the driver’s seat. That clears the path for a rally to the $0.16 level, which is expected to behave as a stiff resistance.

Cardano price prediction

Cardano (ADA) has surged above the 50-day SMA ($0.28), indicating that the bulls are attempting a comeback.

ADA/USDT daily chart. Source: Cointelegraph/TradingView

The bears are expected to vigorously defend the downtrend line, but if the bulls prevail, the ADA/USDT pair may signal a short-term trend change. The ADA price may rally to $0.37 and then to $0.44.

Contrarily, if the price turns down sharply from the downtrend line and breaks below the moving averages, it suggests that the pair may continue to oscillate inside the channel for a few more days.

Hyperliquid price prediction

Sellers attempted to pull Hyperliquid (HYPE) back below the breakout level of $36.77 on Sunday, but the bulls held their ground.

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HYPE/USDT daily chart. Source: Cointelegraph/TradingView

That suggests the bulls are striving to flip the $36.77 level into support. If they manage to do that, the HYPE/USDT pair may ascend to $43 and then to $50. 

The first support on the downside is at $36.77 and then at the 20-day EMA ($33.95). Sellers will have to tug the HYPE price below the 50-day SMA ($31.56) to suggest that the market has rejected the breakout above $36.77. The pair may then plummet to $29.