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Cryptocurrency 30 April 2026 - 10 May 2026

IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited signed a five-year, $3.4 billion cloud-services deal with Nvidia, which also secured rights to buy up to 30 million IREN shares at $70 each. IREN’s revenue fell to $144.8 million last quarter, with a net loss of $247.8 million, as it shifts from bitcoin mining to AI cloud services. The new contracts focus on IREN’s Texas data centers and follow recent acquisitions in cloud and data-center infrastructure.
XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

U.S. spot XRP ETFs saw $6.04 million in net inflows on May 8, bringing total inflows to about $1.325 billion, according to Bitget citing SoSoValue. The increase followed a pilot by Ripple, Ondo Finance, Mastercard, and Kinexys by J.P. Morgan linking the XRP Ledger to bank settlement rails. Senate Banking Committee will consider the CLARITY Act on May 14. U.S. CPI data is due May 12.
BitMine Immersion Technologies (BMNR) Hits an Ethereum Turning Point as Tom Lee Signals Slower Buying

BitMine Immersion Technologies (BMNR) Hits an Ethereum Turning Point as Tom Lee Signals Slower Buying

BitMine Immersion Technologies may slow its weekly ether purchases as it nears a target to own 5% of ETH supply, Chairman Tom Lee said Friday. The company held 5.18 million ETH as of May 4, equal to 4.29% of supply, and shares last traded at $22.17. Lee told a Miami conference the firm had been buying over 100,000 ETH a week but could shift focus as it approaches its goal.
Strategy Inc Bitcoin Sale Signal Puts Michael Saylor’s MSTR Stock Back in the Spotlight

Strategy Inc Bitcoin Sale Signal Puts Michael Saylor’s MSTR Stock Back in the Spotlight

Strategy Inc Executive Chairman Michael Saylor said the company may sell some bitcoin to fund dividends, framing it as a capital structure move, not a shift in strategy. The firm reported a Q1 net loss of $12.54 billion and held 818,334 bitcoins as of May 3. Strategy’s stock closed at $187.59, with bitcoin near $80,777. The company said software operations alone will not meet its liquidity needs.
XRP Price Faces a Critical Test as U.S. Crypto Bill Moves and Network Activity Slumps

XRP Price Faces a Critical Test as U.S. Crypto Bill Moves and Network Activity Slumps

The U.S. Senate Banking Committee will consider the Digital Asset Market Clarity Act on May 14, a bill that could affect XRP and other major tokens. New XRP addresses have dropped 85% since December 2024, according to Glassnode. XRP traded near $1.42 with a market value around $88 billion. Ripple recently completed a pilot with J.P. Morgan and Mastercard for tokenized U.S. Treasuries using the XRP Ledger.
Antelope Enterprise Stock Jumps After Bitcoin ‘Genius Plan’ Triggers a $95,000 Buyback

Antelope Enterprise Stock Jumps After Bitcoin ‘Genius Plan’ Triggers a $95,000 Buyback

Antelope Enterprise reported $190,000 in realized gains from its Bitcoin strategy and will use $95,000 for a share buyback starting June 6. Shares surged over 275% to $1.91 in heavy Nasdaq trading, with volume above 162 million. The company’s market value reached about $13.1 million. The board approved the buyback after gains from its “Genius Plan.”
Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase reported a first-quarter net loss of $394.1 million as revenue fell 31% to $1.413 billion, reversing a year-earlier profit. Trading volumes dropped amid weaker crypto prices, and an AWS outage briefly disrupted services overnight. Shares fell about 5% after the results. The company also announced plans to cut 700 jobs, or 14% of its workforce.
Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase will cut about 700 jobs, or 14% of its global workforce, as it restructures around artificial intelligence and responds to weak crypto markets. The company expects to complete the layoffs in the second quarter at a cost of $50 million to $60 million. CEO Brian Armstrong cited both market downturn and AI-driven automation as reasons for the move. U.S. staff will receive at least 16 weeks’ pay and six months of health coverage.
Strategy Stops Buying Bitcoin After $7.5 Billion Spree Ahead of Earnings

Strategy Stops Buying Bitcoin After $7.5 Billion Spree Ahead of Earnings

Strategy Inc did not buy bitcoin last week, pausing after a three-month spree that added over 100,000 tokens to its balance sheet. The company disclosed it held 818,334 bitcoin as of May 3 and raised $82 million by selling 492,210 Class A shares. No preferred shares were sold during the week. Strategy is set to report first-quarter results after the U.S. market close on Tuesday.
Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Global will cut about 700 jobs, or 14% of its workforce, as it restructures to focus on AI-driven operations, according to a regulatory filing Tuesday. The company expects $50 million to $60 million in restructuring expenses, mostly for severance. Shares rose 6.1% in early trading. CEO Brian Armstrong said affected staff lost system access immediately and will receive at least 16 weeks’ pay.
Why Circle Stock Is Jumping Today as Stablecoin Deal Revives U.S. Crypto Bill

Why Circle Stock Is Jumping Today as Stablecoin Deal Revives U.S. Crypto Bill

Circle Internet Group shares rose about 10% and Coinbase gained nearly 5% after Coinbase said U.S. lawmakers reached a deal on stablecoin rules in a stalled crypto bill. The compromise, finalized by Senators Tillis and Alsobrooks, would broadly bar rewards equivalent to bank interest. Circle’s USDC supply stood at $77.4 billion, with first-quarter results due May 11. The deal is not yet law.
Coinbase Stock Rises as Stablecoin Yield Deal Puts Crypto Bill Back in Play

Coinbase Stock Rises as Stablecoin Yield Deal Puts Crypto Bill Back in Play

Coinbase shares climbed in U.S. premarket trading Monday after a Senate deal limited stablecoin rewards, unblocking the CLARITY Act. The compromise, led by Sens. Tillis and Alsobrooks, would restrict stablecoin yields that resemble bank interest but allow some platform-based rewards. The bill, stalled for months, now returns to the Senate Banking Committee. Circle, which issues USDC, also saw its shares rise nearly 10%.
Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

U.S. senators reached a deal to bar stablecoin rewards resembling bank interest, unblocking crypto legislation and spotlighting Ripple’s RLUSD expansion on OKX. RLUSD now trades across 280-plus OKX spot pairs and serves as margin collateral. The token’s market cap stands at $1.57 billion, far behind USDC and USDT. Treasury rules would treat stablecoin issuers as financial institutions under the GENIUS Act.
Bitcoin’s $84 Billion Satoshi Mystery Is Back — And Adam Back Says the Clues Don’t Add Up

Bitcoin’s $84 Billion Satoshi Mystery Is Back — And Adam Back Says the Clues Don’t Add Up

Bitcoin traded near $76,000 Thursday as new claims about Satoshi Nakamoto’s identity resurfaced. Adam Back, CEO of Blockstream, disputed the documentary “Finding Satoshi,” which uses early mining patterns to estimate Satoshi’s holdings at 1.1 million coins, now worth about $84 billion. Actor Ben McKenzie said the ongoing mystery fuels crypto’s story.
Morgan Stanley’s Bitcoin ETF Is Pulling Cash as BlackRock’s IBIT Stumbles

Morgan Stanley’s Bitcoin ETF Is Pulling Cash as BlackRock’s IBIT Stumbles

Morgan Stanley’s new bitcoin fund took in $10.8 million on April 29 as U.S. spot bitcoin ETFs saw $137.6 million in outflows, according to Farside Investors. BlackRock’s IBIT lost $54.7 million that day and $166.9 million over three days. MSBT, launched April 8, charges a 0.14% annual fee, undercutting IBIT’s 0.25%. IBIT still leads with $65.2 billion in net inflows, far above MSBT’s $194 million.
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Stock Market Today

  • CMC Markets Executives Buy Shares Under UK Incentive Plan
    June 9, 2026, 6:28 AM EDT. CMC Markets disclosed that senior executives have acquired shares through its UK Share Incentive Plan, a routine transaction aimed at aligning management interests with shareholders. The move follows regulatory requirements for disclosure and marks ongoing confidence from the firm's leadership in its growth prospects. CMC Markets, listed on the London Stock Exchange under ticker CMCX, continues to encourage executive ownership as part of its corporate governance strategy.

Latest articles

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

Nasdaq Futures Rise Ahead of CPI; Tech Buyers Step In

9 June 2026
Nasdaq 100 futures jumped 0.76% premarket, leading U.S. stock futures higher as investors bought back into tech after a chip-led rebound, but looming May CPI data Wednesday could threaten gains if inflation runs hot and revives rate-hike fears.
Qualcomm Shares Trade Early As AI Gets Attention Over Phones

Qualcomm Shares Trade Early As AI Gets Attention Over Phones

9 June 2026
Qualcomm surged 3.3% to $225.00 in early premarket trading after Nvidia CEO Jensen Huang publicly praised the company and J.P. Morgan raised its price target to $265, as investors focus on Qualcomm’s June 24 investor day and its push into AI and data-center chips beyond handsets.
Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

9 June 2026
Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

Nokia Shares Fall as AI-Powered 5G Deals Hit a Pause

9 June 2026
Nokia shares slipped 0.66% in Helsinki despite unveiling new AI-driven 5G network deals and a DDoS security launch, as investors weighed the lack of disclosed financial terms and the risk that product announcements may not quickly boost earnings.
SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

9 June 2026
SoFi held Monday’s 2.9% gain at $16.50 after record Q1 results—revenue up 41% to $1.1 billion, EBITDA up 62% to $340 million, loan originations at $12.2 billion, and members up 35%—but shares fell 12% in April after 2026 forecasts stayed flat, with analysts split and risks from higher rates, credit quality, and a 27% drop in tech platform revenue after a major client exit.
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