Bitcoin Firm Reports $725M Loss Delay
Metaplanet reported a $725M Q1 loss due to Bitcoin value drop, despite revenue from Bitcoin options rising to $15.8M and expanding its investor base to 250,000 shareholders.
Bitcoin Surges Toward $10M Power Law
Physicist Giovanni Santostasi predicts Bitcoin’s price trajectory follows a power law, estimating $BTC could reach $1M in eight years and $10M in 20 years. #Update #Crypto $BTC
Coincheck Acquired by KDDI for $65M
KDDI invests $65M for a 14.9% stake in Coincheck Group, shares rise 35% on May 12. Partnership to launch non-custodial wallet for 30M users in summer 2026. #Update #Crypto
Anthropic Launches AI Agents in QuickBooks
Anthropic launched Claude for Small Business, integrating AI into tools like QuickBooks and PayPal, targeting small businesses with ready-made workflows. #Update #Tech
Altcoin Market Shows 15% Recovery Signs
Altcoins are showing signs of recovery, with their share on Binance rising from 2% to 21%. Bitcoin’s dominance is at 60%, while the altseason index sits near 35%. #Update #Crypto $BTC
Bitcoin Faces Crash Amid US-Iran Talks Stalemate
US-Iran peace talks stall as President Trump labels Iran’s response “totally unacceptable,” driving oil prices up 5% and increasing selling pressure on Bitcoin and gold. The DXY surpasses 98 amid ceasefire uncertainty. #Update #Crypto $BTC $ETH $XRP
Bitcoin Losses Offset Metaplanet Q1 Profit Surge
Metaplanet reported strong Q1 operating income from Bitcoin options but incurred a $728 million loss due to BTC price declines affecting valuations. #Update #Crypto $BTC
Bitcoin Soars as 70% Holders Profit
In a notable shift, long-term “conviction buyers” now hold nearly 4 million $BTC, reflecting a 300% increase since 2025, with 70% of recent holders in profit #Update #Crypto $BTC
AI Health Advice: 50% Misleading Yet Convincing
Researchers find nearly half of AI chatbot health responses problematic, with @ElonMusk’s Grok performing worst. Study highlights need for oversight in AI health advice. #Update #AI
XRP Surges as ETF Inflows Peak
XRP futures open interest rose 23% in May, while spot ETFs saw $26M inflows, indicating increased institutional interest despite a 6% price drop from recent highs. #Update #Crypto $XRP
Inflation Dismissed as April PPI Hits 6%
U.S. PPI rose 6% in April 2026, driven by energy costs amid U.S.-Israel-Iran conflict; gasoline prices surged 15.6%. #Update #Economy
Nvidia Stock Surges Market Cap Hits $5.5T
Nvidia’s stock hits a record high of $227.16, pushing its market cap over $5.5 trillion amid strong AI chip demand and investor confidence. #Update #Market
HYPE-ETF Launches with $1.8 Million Volume
The first HYPE-ETF, THYP, launched on May 12 by @21Shares, achieving over $1.8M in first-day trading volume despite a lengthy six-month approval process. #Update #Crypto $THYP
Eagle Surpasses Vanguard as MSTR Investor
@FirstEagle Investment Management has invested $16.59 billion in @Strategy Inc (NASDAQ: MSTR), surpassing Vanguard Group to become its largest investor as the firm plans to aggressively purchase Bitcoin. #Breaking #Crypto $BTC