News

Gold has surged in recent months as investors seek safety amid ongoing geopolitical tensions, ie, Trump Tariffs.

Reuters reported, “The latest flare-up of tensions between the world's two largest economies dented sentiment in wider financial markets, sending investors towards safe-haven assets such as gold.”

Over the past six months, gold has risen by roughly 19.33%, or $512 per ounce. Bitcoin , often compared to gold for its scarcity and store-of-value potential, has seen even more dramatic price movement. Rising from $67,000 to a high of $109,000 before settling in the mid-$80,000s.

While gold’s value is rooted in centuries of trust, Bitcoin offers a fixed supply and rapidly increasing regulatory clarity, which could attract a growing wave of institutional and retail investors.

Bitcoin firm Auradine raises $153M, expands into AI networking

Bitcoin and AI infrastructure firm Auradine has raised $153 million in a funding round that exceeded its target in a series C round, bringing their total funding to over $300 million.

StepStone Group led the round, joined by investors including Qualcomm Ventures, Samsung Catalyst Fund, Premji Invest, and MARA Holdings.

The company also launched AuraLinks AI, a new division that will build networking tools to help AI data centers handle more traffic and stay cool as they grow.

CEO Rajiv Khemani said the funding will help Auradine grow faster and build tech that supports both AI and blockchain in a more energy-efficient way.

Tether looking to boost Bitcoin decentralization

Tether is partnering with OCEAN, a decentralized Bitcoin mining pool led by Bitcoin Core developer Luke Dashjr, to deploy both its current and future hashrate.

The move is aimed at advancing Bitcoin’s decentralization by leveraging OCEAN’s open-source DATUM protocol, which enables miners to build their own block templates and operate in low-bandwidth environments.

“We see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity,” said Paolo Ardoino, CEO of Tether.

The partnership aims to help Tether earn mining rewards directly, potentially cut costs, and grow into regions with limited access to mining tools.

Bitcoin core 29.0 released

Bitcoin Core version 29.0 was released on April 14, 2025, bringing bug fixes and improvements.

With this update, support for versions 26.x and earlier has ended, meaning they will no longer receive updates. In line with the project’s security policy, any major security issues found in those older versions will be publicly disclosed two weeks after the release.

Bitcoin Core is the main software that powers the Bitcoin network. It verifies all transactions, includes a built-in wallet, and is based on the original code from Bitcoin creator Satoshi Nakamoto.

The project is open source, with contributors from around the world. Final decisions on code changes are made by trusted developers known as maintainers. Development is done openly on GitHub.

CleanSpark secures $200M Bitcoin-backed credit line

CleanSpark has expanded its capital strategy with a $200 million Bitcoin-backed credit facility from Coinbase Prime. The funding allows the company to support growth without issuing new shares, as it transitions to a self-funded operating model.

As part of the shift, CleanSpark will begin selling a portion of its monthly Bitcoin production to cover expenses. The company holds more than 12,000 BTC, valued at roughly $1 billion.

“While we remain committed to Bitcoin as a long-term, hardened asset, we believe a more effective way to increase shareholder value is through a balanced approach between monetizing new production and building long-term holdings,” said CEO Zach Bradford.

The move sets CleanSpark apart from competitors who continue to rely on equity dilution or high leverage to fund operations.

Disclaimer : The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the views of TheStreet Crypto. This piece is for informational purposes only and should not be considered financial or investment advice.