When Chinese start-up DeepSeek released its latest artificial intelligence model last month, it moved Beijing closer to a future it has spent years trying to build. In a small but meaningful break from American technology, DeepSeek said for the first time that its new model had been optimized to run on chips made by Chinese […]
Chinese AI companies push beyond Nvidia, while DeepSeek turns to Huawei Read More »
MARA Holdings ( MARA ) is scheduled to report first-quarter earnings after the market close on May 11, with Wall Street analysts expecting the company to post a loss on revenue and earnings (EPS) of $184.21 million and $2.34, respectively. The results are expected to reflect the sharp decline in bitcoin prices during the first
MARA’s AI expansion takes center stage ahead of Q1 earnings Read More »
The crypto market started the week in a volatile mood with bitcoin BTC$81,002.49 rising from $80,670 at 23:00 UTC on Sunday before peaking at $82,400 an hour later. The price subsequently fell to trade in a fairly tight range just below $81,000. The move coincided with the weekly opening of bitcoin futures on the CME
Bitcoin volatility returns as CME trade gap collides with Iran risk Read More »
Circle, issuer of the world’s second-largest stablecoin, USDC, posted estimate-beating first-quarter earnings as revenue rose 20% and it raised $222 million for its Arc blockchain network in a presale of the ARC token. Earnings per per share (EPS) of 21 cents beat analysts’ estimates of 17 cents, while revenue rose 20% to a less-than-expected $694
Circle ( CRCL ) Beats Earnings Estimates But Misses Revenue Amid $222M Arc Raise Read More »
Two Trump-branded ventures aimed at retail buyers are both in difficult positions months after their debuts, though for different reasons. Roughly 600,000 buyers have paid $100 deposits for the gold-colored Trump Mobile T1 phone since its initial announcement, putting about $60 million into a venture that hasn’t delivered a single confirmed device by May 2026,
Trump Mobile buyers stuck without phones as TRUMP token is 97% below peak Read More »
When Strategy (MSTR), the largest publicly traded bitcoin company, first floated the idea of selling its bitcoin holdings to fund its dividend obligations during its latest earnings call, it raised concerns among investors and the crypto community. However, executive chairman Michael Saylor sat down with CoinDesk senior analyst James Van Straten at Consensus in Miami
Strategist’s Michael Saylor Says Selling Bitcoin To Fund Dividends Is ‘Inconsequential’ Read More »
Circle’s ( CRCL ) upcoming Arc blockchain and its $222 million token presale raise a broader question for crypto investors: should Circle still be valued primarily as a stablecoin issuer or as an infrastructure company building the rails for digital finance? Alongside its quarterly earnings this week, the company announced a major fundraising round for
Ronin, the gaming-centric blockchain once synonymous with the industry’s infamous $625 million exploit, is officially shedding its sidechain skin on May 12 to become an Ethereum layer 2 to improve security while maintaining throughput. Ronin, which announced the migration in April, will perform a hard fork at block 55,577,490, a process that will result in
Ronin gaming sidechain is getting ready to switch to Ethereum layer 2 Read More »
Payward, the parent company of crypto platform Kraken, is raising new capital valued at $20 billion, according to two people with knowledge of the matter. Kraken declined to comment on the increase. The latest fundraising round comes as the company ramps up spending on acquisitions. Most recently, the stablecoin-focused payments firm bought Reap for $600
MultiBank Group’s crypto arm mb.io brings Ghana gold on-chain with Kings Orbis, EON3 & Mavryk
