Crypto

Reuters’ crypto video coverage under the “Crypto Weekly” banner focuses on several concurrent developments that illustrate how digital assets are intersecting with broader markets, corporate strategy and geopolitics. Bitcoin has surged to a new all‑time high near $112,000, rising about 18% since the start of the year, with the rally attributed to renewed risk appetite among investors rather than any single catalyst. The move underscores bitcoin’s ongoing role as a speculative risk asset closely tied to broader market sentiment. At the corporate level, AI infrastructure firm CoreWeave agreed to acquire bitcoin miner Core Scientific in an all‑stock deal valued at about $9 billion, highlighting how large language model and AI workloads are targeting crypto miners’ energy‑intensive sites and power contracts to expand data‑center capacity. In another sign of crypto’s push into mainstream commerce, Emirates airline signed a preliminary deal with Crypto.com that will allow customers to pay through the exchange’s payments service, with implementation targeted for next year as the airline courts younger, tech‑savvy travelers who favor digital currencies. On the geopolitical front, the segment reports that Russian companies are using netting, gold and cryptocurrency to facilitate cross‑border payments in the face of Western sanctions, according to Russia’s financial watchdog in a briefing to President Vladimir Putin. Netting arrangements, where banks centrally balance export and import flows through verified agents, are being combined with crypto to keep trade moving despite restrictions, illustrating how digital assets are being used as part of a broader toolkit to navigate sanctions pressure.

✨ AI-generated background, compiled from web sources — not editorial content.

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