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Penguin Solutions shares jump 13.5% on AI data center deal and doubled revenue growth forecast
Penguin Solutions' stock rose 13.47% after announcing a strategic partnership with AMD and Shell to optimize AI data centers. The company reported Q2 FY2026 revenues of $343 million, slightly beating estimates, and raised its fiscal 2026 revenue grow...
Bitcoin ETFs saw strong inflows early May but flipped to outflows as BTC price rose to $82K.
Bitcoin Spot ETFs began May with significant inflows, led by BlackRock and Fidelity, but shifted to outflows by the week's end. Despite ETF outflows, Bitcoin's price rose from around $76,000 to $82,000, driven by reduced BTC supply from exchange with...
Kevin Warsh to become Fed Chair in 2026, Bitcoin markets react to his hawkish stance and views on digital assets.
Kevin Warsh is expected to become the Federal Reserve Chair around May 15, 2026, succeeding Jerome Powell. His hawkish stance on monetary policy, emphasizing inflation control even at the cost of slower growth, has already influenced Bitcoin markets,...
Bitcoin's May rally faces risk as bear market trends may push prices down before month-end.
Bitcoin recently reclaimed the $80,000 level but faces significant resistance near $82,000, with analysts warning that May could close in the red due to ongoing bear market pressures. Despite a strong April surge and growing institutional demand, the...
XRP price recovers above $1.40 with strong institutional support and aims for $2.00 in 2026
XRP is trading around $1.43 as of May 2026, showing recovery after the SEC lawsuit settlement in 2025. The removal of legal uncertainty has boosted institutional adoption, including spot XRP ETFs with $1.53 billion in assets and partnerships with maj...
Bitcoin projected to reach $200,000 by 2029 amid growing institutional adoption and supply limits.
Bitcoin's fixed supply cap of 21 million and the 2024 halving event continue to reduce new coin issuance, driving price projections upward. Experts estimate Bitcoin could reach a baseline value of $180,000 by 2029, with optimistic forecasts as high a...
Ethereum leads in market cap and stablecoins, while Solana excels in user engagement and enterprise partnerships.
Ethereum holds a dominant market capitalization of about $281 billion and hosts $164.1 billion in stablecoins, reflecting strong institutional trust. Solana, with a $54 billion market cap, surpasses Ethereum in active user addresses and briefly led d...
US Senate reviews CLARITY Act amid Bitcoin's $80K support and Coinbase losses
The US Senate Banking Committee is reviewing the CLARITY Act on May 14, aiming to clarify digital asset regulations and stablecoin rules. Bitcoin remains supported above $80,000 but faces resistance near $83,000, with ETF inflows improving but not fu...
Trump Media reports $406M Q1 loss, hit by $244M Bitcoin writedown amid minimal revenue growth.
Trump Media & Technology Group posted a massive $405.9 million net loss in Q1 2026, driven largely by a $244 million unrealized loss on its Bitcoin holdings and $108.2 million in other investment losses. Despite a slight 6% revenue increase to $871,2...
Bitcoin's security may weaken as miner rewards drop, risking network stability, warns Avalanche founder.
Emin Gün Sirer, founder of Avalanche, warns that Bitcoin could face long-term security risks due to declining miner rewards after each halving event. As block rewards shrink, miners may struggle to remain profitable, with up to 20% currently unprofit...
