Nvidia CEO Skips Trump-Xi Beijing Summit
Nvidia CEO Jensen Huang excluded from Trump-Xi summit as US shifts focus from technology to agriculture and aviation, impacting Nvidia’s China revenue. #Update #Tech
Crypto News
General category for all types of news related to the cryptocurrency world.
Circle’s Arc Token Presale Raises $222M
Circle raised $222M in the Arc token pre-sale, valuing the project at $3B with backing from a16z crypto and BlackRock. USDC transaction volume surged 263% to $21.5T. #Update #Crypto $USDC
Baidu AI Surpasses Models at 94% Less Cost
Baidu’s ERNIE 5.1 AI model costs 94% less to train than peers, ranking fourth globally on LMArena Search. #Update #AI
AI Threatens Language Learning Engagement
AI translation tools like @DeepL may reduce interest in learning languages and exploring cultures, as they simplify communication but risk eroding emotional connections. #Update #Crypto $MATIC
Stablecoin Adoption Drives Circle Stock 15% Surge
Circle’s shares surged nearly 16% to $131.76, driven by strong earnings and a $222M presale of its ARC token, with analysts predicting further upside. $USDC now has $77B in circulation. #Update #Crypto $CRCL
Sui Price Surges 50% Can Rally Last
SUI price surged over 40% this week, hitting $1.41, driven by SUI Group Holdings’ treasury shift reducing liquid supply and upcoming CME futures launch on May 29 boosting institutional interest. #Update #Crypto $SUI
Intel Micron Qualcomm Shares Hit Record Highs
Intel, Micron, and Qualcomm stocks hit record highs driven by AI chip demand and partnerships. The semiconductor rally aligns with a Bitcoin price spike. #Update #Crypto $BTC
USDC Empowers AI Agents Amid $222M Sale
Circle Internet Group launched Agent Stack, enabling AI agents to autonomously manage and spend $USDC, alongside a $222M Arc token sale valuing its network at $3B. #Update #Crypto $USDC
OCC Approves AI-Native Clearing Bank Launch
OCC conditionally approves Augustus Bank N.A., the first AI-native stablecoin clearing bank in the U.S.; Ferdinand Dabitz to become youngest CEO if fully approved. #Update #Banking
Crypto Taxation Tightens in Australia
Australia plans to remove the Capital Gains Tax discount, impacting long-term crypto investors and potentially raising property prices, according to proposed tax amendments. #Update #Crypto $BTC $ETH
Strait of Hormuz Blockade Starves Somalia
WTI Crude Oil prices see increased YES pricing at 48.5% amid Strait of Hormuz crisis, impacting global shipping and exacerbating Somalia’s humanitarian issues. #Update #Market
Crypto Funds Surge $857.9M with CLARITY Act
Crypto funds saw $857.9M inflows, led by $BTC at $706.1M, as confidence returns with U.S. Senate Banking Committee’s CLARITY Act progress. #Update #Crypto $BTC
Tokenized Capital Summit Ignites Miami Innovation
Gamma Prime hosted the Tokenized Capital Summit 2026 in Miami on May 4, attracting over 2,000 offline and 90,000 online participants. The event focused on integrating traditional finance with tokenization. #Update #Crypto
MoonPay Launches AI Copilot After Acquisition
MoonPay acquires AI trading startup Dawn Labs, launches Dawn CLI for automated trading strategies with initial support for Polymarket. #Update #Crypto