| Mobile Web

Search results for Wintermute

AI & Enterprise

AI infrastructure financialisation gains momentum as major investment banks take interest

As hundreds of billions of dollars pour into AI infrastructure, financial markets are shifting and efforts are growing to financialise capital flowing into the sector. Products could emerge that allow trading of computing power costs, including futures tied to GPU rental prices. The Information reported that investment banks, exchanges and data providers are competing to make GPU rental rates an official tradable asset, with Goldman Sachs and JPMorgan exploring listings by year-end.

Crypto

Wintermute says bitcoin slump driven by U.S. institutional selling, not Strategy

Deteriorating bitcoin supply and demand began before Strategy sold, and there are still no clear signs of recovery, an analysis said. Wintermute, a crypto trading and market-making firm, pointed to U.S. institutional outflows and net withdrawals from spot bitcoin ETFs as key drivers of the recent slump. It said Strategy’s sale was small but hurt sentiment. Wintermute also cited macro headwinds and weaker AI-related stocks, and said long-term buyers were accumulating but it was too early to call a bottom.

Crypto

Bitcoin down 50 percent from record high in shallowest bear market on record

Bitcoin has fallen about 50 percent from its all-time high of $126,080 set in October 2025, but the market has not yet confirmed a bear-market bottom, an analysis said. Data from CoinGecko and CryptoQuant show the current drawdown is the shallowest in bitcoin’s history, compared with drops of more than 90 percent in 2012, about 82 percent in two later bear markets and about 74 percent in 2022. Analysts cite growing institutional participation and ETFs as key factors, while warning risks remain.