Cerebras Systems raises $5.5 billion in its IPO, reflecting surging investor demand for AI infrastructure as crypto markets decline. Cerebras Systems priced its initial public offering at $185 per share, raising $5.5 billion and valuing the AI chipmaker at $40 billion. The
U.S. spot Bitcoin ETFs see largest daily exit since January U.S. spot Bitcoin ETFs recorded $630.4 million in net outflows on May 13, driven by profit-taking and positioning shifts. The outflows were led by BlackRock's IBIT, which lost $284.7 million, followed by A
Bitcoin drops to $79,800 after US inflation data sparks risk-off move Bitcoin prices have fallen below $80,000, currently trading at $79,800, after stronger-than-expected US producer price inflation data. The data sparked a risk-off move, leading to long liquidatio
Total real-world asset holders rise to 775K this year, led by BNB Chain’s 567% growth excluding stablecoins. Real-world asset (RWA) holders increased by 34.4% to over 775K since January 2026, excluding stablecoins. The growth was driven by a 567% surge in holders on BNB Ch
Geopolitical risks and risk-off sentiment drive Bitcoin to $79,842, triggering $400M in crypto liquidations over 24 hours. Bitcoin fell below $80,000 to $79,842, down 1.48%, as escalating U.S.-China tensions over Taiwan weighed on broader risk assets. The decline sparked $
The Bitcoin firm reported a net loss despite revenue surging sixfold, driven by non-cash charges and a mark-to-market loss on its BTC holdings. Nakamoto recorded a net loss in Q1, primarily due to a $107.7 million non-cash reduction tied to a pre-acquisition option and a $
Traders cashed out 14,600 Bitcoin worth $1.2 billion last week, sparking concerns of a near-term price decline. Bitcoin traders realized profits at the highest rate since early December last week, offloading 14,600 Bitcoin valued at nearly $1.2 billion on May 4. The spike
Upbit to Delist NKN, Sets July 16 Withdrawal Deadline Upbit, South Korea’s largest crypto exchange, announced it will end trading support for NKN (NKN) at 14:00 on June 15, delisting the NKN/BTC pair. Users must withdraw their NKN by July 16, after which withdrawals may no
Investors withdrew $635 million from U.S. spot bitcoin ETFs in one day, marking the biggest outflow since late January. U.S. spot bitcoin exchange-traded funds experienced a $635 million net outflow on Wednesday, the largest single-day withdrawal since January 29. The move
Claude helps recover $395,000 in bitcoin trapped on a computer for years The owner had been trying for eight weeks to brute-force the password on their current Blockchain.com wallet, testing roughly 3.5 trillion combinations using the btcrecover service on a rented computing chip