MAROKO133 Eksklusif crypto: Hut 8 Expands Coinbase Credit Line to $200M as AI Push Acceler

📌 MAROKO133 Hot crypto: Hut 8 Expands Coinbase Credit Line to $200M as AI Push Acc

Bitcoin mining firm Hut 8 has expanded its credit facility with Coinbase to $200 million, underscoring its growing financial flexibility as it deepens its push into artificial intelligence and high-performance computing.

The amended facility, disclosed in a recent filing with the US Securities and Exchange Commission, will be used for “general corporate purposes.” T

he expansion builds on Hut 8’s strong momentum through 2025, a period when many Bitcoin miners struggled with compressed margins and rising costs.

Hut 8’s $7B AI Deal With Fluidstack Powers Major Data Center Push

The credit increase follows a landmark $7 billion agreement signed in December with AI cloud provider Fluidstack.

Under the deal, Hut 8 will supply 245 megawatts of energy over 15 years to power a large-scale AI data center, marking one of the largest partnerships between a crypto-native firm and an AI infrastructure company.

Hut 8’s strategic pivot has been rewarded by markets. The company’s shares have risen more than 134% over the past year and are trading around $51, according to Yahoo Finance.

The rally sets Hut 8 apart from much of the mining sector, which has faced sustained pressure since the April 2024 Bitcoin halving reduced block rewards from 6.25 BTC to 3.125 BTC.

Beyond AI, Hut 8 has continued to expand its Bitcoin mining and treasury strategy.

Through its majority ownership of American Bitcoin, a mining and crypto treasury company, the firm has increased exposure to Bitcoin at a time when many peers have been forced to sell holdings to cover operating costs.

Industry-wide challenges have included higher energy prices and macroeconomic uncertainty, as well as rising equipment costs linked to US tariffs introduced under President Donald Trump.

The measures have heightened concerns over supply chains, particularly given China’s role as a major producer of application-specific integrated circuits used in Bitcoin mining.

Despite those headwinds, Hut 8 remains one of the largest corporate Bitcoin holders globally.

The company ranks ninth among Bitcoin treasury firms, with 13,696 BTC worth more than $1.2 billion, according to BitcoinTreasuries.Net.

American Bitcoin ranks twentieth, holding 5,098 BTC valued at roughly $458 million.

Bitmain Slashes Bitcoin Miner Prices as Industry Pressure Mounts

As reported, Bitmain is cutting prices aggressively across multiple generations of Bitcoin mining hardware as pressure builds across the mining sector, according to recent promotional campaigns and internal price lists circulated to customers.

One promotion dated Dec. 23 offered a package of four S19 XP+ Hydro units paired with an ANTRACK V2 container, implying an effective price of roughly $4 per terahash for the 19 J/TH machines.

Shipments for that batch are scheduled to begin in January 2026, suggesting Bitmain is willing to lock in low pricing well ahead of delivery.

Meanwhile, Bitcoin’s network hashrate fell 4% in the month through Dec. 15, a development that could set the stage for stronger price performance in the months ahead, according to analysts at VanEck.

“When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with greater magnitude,” the analysts wrote.

The post Hut 8 Expands Coinbase Credit Line to $200M as AI Push Accelerates appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Hot crypto: CLARITY Act More Complex Than Stablecoin Bill, Coinbase Sa

Coinbase’s institutional strategy chief says comprehensive crypto market structure legislation will take longer to finalize than stablecoin rules, but remains confident bipartisan momentum will carry the bill across the finish line in 2026.

John D’Agostino told CNBC that regulatory clarity abroad and accelerating talent flight from the US create urgent pressure to establish federal frameworks this year.

The Senate Banking Committee scheduled a January 15 markup of the CLARITY Act after months of delays stemming from internal disputes over decentralized finance oversight, token classification standards, and stablecoin yield restrictions.

D’Agostino acknowledged the complexity, noting that “market structure is complicated” and “dealt with structurally simpler things than market structure bills deal with.“

Regulatory Momentum Builds Despite Technical Hurdles

D’Agostino emphasized that market structure legislation represents foundational infrastructure for crypto’s growth, justifying extended negotiations despite industry frustration.

“The rest of the world is moving forward,” he said, citing Europe’s MiCA framework and regulatory clarity in jurisdictions like the UAE as competitive threats forcing congressional action.

While prediction markets assign varying probabilities to the first-quarter passage, D’Agostino expressed strong optimism rooted in global competitive dynamics.

“We saw in 2024 this massive flight of talent, of people, of intellectual capital, and of technology growth outside of the US,” he explained.

The same urgency that drove stablecoin legislation through the GENIUS Act will ultimately overcome remaining disagreements once lawmakers return from recess, he argued.

The current CLARITY Act draft assigns the CFTC primary authority over non-security fungible tokens that meet decentralization tests, while codifying SEC oversight for tokens tied to ongoing managerial efforts and revenue-sharing features.

Lobbyists reviewing recent redlines indicate the bill would treat DeFi front-end operators and fee-collecting DAOs as registrants while preserving safe harbors for immutable smart contracts without upgrade keys.

Banking Committee members from both parties have told industry groups they want to avoid repeating prior cycles in which House-passed digital asset bills died in the Senate without committee votes.

A clean markup yielding a bipartisan manager’s amendment would create a path to 60 floor votes. However, staff expect aggressive amendments on DeFi custody, sanctions enforcement, and crypto-native stablecoin rewards in retirement accounts.

Stablecoin Framework Provides Roadmap for Broader Reform

D’Agostino pointed to the GENIUS Act’s success as evidence that comprehensive regulatory clarity unlocks institutional adoption.

“Since that GENIUS bill has been absorbed and thought through and people understand how to comply with it we are seeing just the tip of the iceberg on stable coin launches,” he noted.

The stablecoin framework enabled major financial institutions like JP Morgan and Citigroup to enter the market while allowing companies with strong consumer ecosystems to experiment with branded payment tokens.

D’Agostino predicted that market structure legislation would create similar unlocks for non-financial companies seeking to integrate blockchain across supply chains and customer interactions.

Beyond enabling traditional institutions, comprehensive frameworks reduce regulatory risk for companies operating at the technical frontier of crypto.

D’Agostino highlighted that market structure clarity allows “institutions outside of cryptonative who are less comfortable with taking idiosyncratic regulatory risk to feel very confident engaging their customers on a blockchain or crypto platform.“

Banking Industry Pushback Threatens Stablecoin Innovation

While celebrating the GENIUS Act’s passage, D’Agostino warned that traditional banking interests are continuing to push restrictions on stablecoin yields during ongoing Senate negotiations.

Coinbase chief policy officer Faryar Shirzad recently raised concerns that limiting rewards could weaken the global competitiveness of dollar-backed stablecoins, as China moves to make its digital yuan interest-bearing starting January 1, 2026.

D’Agostino dismissed banking arguments that yield-bearing stablecoins threaten deposit-funded lending models.

Banks currently earn roughly 4% on reserves held at the Federal Reserve with little incentive to share returns, he explained, while stablecoin platforms view passing yield to users as core product value.

Senator Cynthia Lummis reinforced industry urgency, stating that “unclear rules have pushed digital asset companies offshore” and emphasizing bipartisan commitment to establishing cl…

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🔗 Sumber: cryptonews.com