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Cloudflare stock plunges 20% on AI layoffs, soft guidance
Cloudflare stock plummeted over 20% on Friday despite reporting Q1 earnings that beat profit expectations.The sharp selloff was triggered by the announcement of layoffs...
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TeraWulf shares drop after $446M loss as AI shift grows
Publicly traded Bitcoin miner TeraWulf reported a Q1 2026 net loss of more than $427 million, causing its shares (WULF) to fall 2.6%.60% of...
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Jailed SBF’s Account Glazes Trump With Stock Market Praise
Sam Bankman-Fried's proxy-run X account is posting market gains under President Trump, mirroring a tactic used by former Attorney General Pam Bondi.The posts, which...
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Bitcoin Profit-Taking Accelerates at 3-Month Price Highs
Bitcoin profit-taking accelerated significantly as prices reached three-month highs, with holders realizing $1.1 billion in profits on Monday.The Short-Term Holder Spent Output Profit Ratio...
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April Jobs Report Beats Expectations
Strong job growth of 115,000 in April boosted major US stock indices, with the Nasdaq climbing as much as 1.4%.Job gains broadened beyond healthcare...
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Lagarde: Euro Stablecoins Risky, Not Efficient for Global Role
ECB President Christine Lagarde argued euro stablecoins are inefficient for boosting the euro's global role and carry significant risks.She highlighted risks of financial instability...
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Bitcoin briefly priced at $0.02 on Revolut due to glitch
Bitcoin's price displayed briefly at $0.019 on Revolut's platform due to a third-party service disruption.The glitch caused confusion among users who received alerts stating...
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ECB’s Lagarde: Euro stablecoins not best for global currency role
ECB President Christine Lagarde argued that promoting euro-denominated stablecoins is not the optimal path for strengthening the euro's international role.She separated stablecoins' monetary and...
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Bailey Warns of US Stablecoin Flood Risk to UK
Bank of England Governor Andrew Bailey warns a "coming wrestle" with the U.S. over stablecoin standards could see dollar...
Bitmine Slows Ethereum Purchases After Tom Lee Remarks
Bitmine slowed its accumulation of Ethereum, adding only 26,659 ETH last week after Chairman Tom Lee indicated the company...
Traders pay 8,700% fees to crypto-bet on $1T Anthropic
Traders paid annualized fees as high as 8,700% to take leveraged long positions on Anthropic's private valuation.The synthetic contract...
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