Get it on Google Play

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

August 31: Bitcoin Falls Back Below $78K as AI and Bitcoin Mining Become the Same Infrastructure Story

Author: Matt Diemer August 31, 2026 Duration: 15:48
Daily Crypto News
NewsBusinessDailyInvestingTechnology

itcoin is back below $78,000 after another failed attempt to establish $80K as support, while ETF inflows finally broke their winning streak and Kevin Warsh's Jackson Hole comments increased expectations for tighter monetary policy. Matt explains why Warsh's apparent commitment to returning inflation to 2% could mean higher rates and less liquidity, creating another potential headwind for Bitcoin. 


The bigger story is the growing convergence between Bitcoin mining and AI infrastructure. Miners already control power, grid connections, land, cooling and data-center infrastructure that AI companies desperately need, pushing companies like IREN, Riot and CleanSpark deeper into AI. Matt argues that this creates enormous opportunities but also new risks, including AI-focused regulations spilling into Bitcoin mining and the possibility that an eventual AI correction exposes companies whose valuations have become too dependent on the boom. 


Happy HODLing



Hosted on Acast. See acast.com/privacy for more information.


Matt Diemer brings you the essential updates from the fast-moving world of digital assets with Daily Crypto News. Each episode is crafted to fit into your morning routine or commute, delivering a concise yet comprehensive overview in about twenty minutes. You'll hear clear explanations of major market movements, breaking regulatory developments, and significant technological shifts, all framed with a focus on practical insight for anyone following this space. The tone is straightforward and informed, cutting through the hype to highlight what actually matters for investors and the curious alike. By focusing on brevity and clarity, this podcast serves as an efficient daily briefing, ensuring you stay informed without getting overwhelmed by the constant noise. Tune in for a no-nonsense summary that connects the dots between market events, business implications, and the underlying technology, making the complex landscape of cryptocurrency more accessible one day at a time.
Author: Language: English Episodes: 50

Official website RSS
Daily Crypto News
Podcast Episodes
August 7: Bitcoin Is Stuck. Institutions Keep Buying Anyway. [not-audio_url] [/not-audio_url]

Duration: 8:55
Bitcoin is still stuck in its long sideways range, but the buyers underneath the market are getting harder to ignore. Matt covers roughly $1.2 billion in Bitcoin whale accumulation and about $750 million in U.S. spot ETF…
August 5: Coldcard's Failure Is Becoming a $130 Million Disaster [not-audio_url] [/not-audio_url]

Duration: 9:43
Coldcard remains the dominant story as estimates of the hardware wallet exploit continue climbing. Researchers now believe at least 15 attackers were involved, with losses exceeding $100 million and possibly approaching…
August 3: Strategy Sells More Bitcoin [not-audio_url] [/not-audio_url]

Duration: 12:26
Strategy sold another 1,638 Bitcoin for roughly $105 million, while also raising about $290 million through common stock sales and maintaining billions in cash to cover preferred dividends. Matt questions whether the com…
July 30: Prediction Markets on Robinhood [not-audio_url] [/not-audio_url]

Duration: 12:48
Robinhood generated more second-quarter revenue from prediction-market contracts than from either crypto or equities trading, showing how quickly event contracts are becoming a major business line. Binance.US now plans t…
July 29: Bitcoin Miners Are Becoming AI Companies [not-audio_url] [/not-audio_url]

Duration: 12:00
Core Scientific is rapidly shifting from Bitcoin mining toward AI data-center infrastructure after reporting $164.2 million in second-quarter revenue and announcing a major AMD partnership. Matt argues that this transiti…
July 28: Crypto Exchanges Are Shrinking [not-audio_url] [/not-audio_url]

Duration: 10:09
Crypto markets remain sluggish, with Bitcoin drifting around $63,000 as trading activity continues to weaken. Matt argues that the recent wave of exchange closures and layoffs—including BitMEX, BitMart, Momentum Labs, St…
July 27: Bitcoin Stalls at $65,000 as the Market Turns Mixed [not-audio_url] [/not-audio_url]

Duration: 7:58
Craig sees a mixed and largely directionless crypto market, with Bitcoin repeatedly struggling to move decisively above $65,000. After roughly three weeks of minimal progress, the weekly chart raises the possibility that…

«12345»