Japan’s Biggest Corporate Bitcoin Holder Reports $736 Million Valuation Loss
Metaplanet reported a ¥114.5 billion (around $725.6 million) net loss in the first quarter of fiscal year 2026, as declining Bitcoin prices led to massive accounting valuation losses on its holdings. The company reported an ordinary loss of ¥114.9 billion ($728 million), largely driven by ¥116.3 billion ($736 million)...
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Bitcoin holds ~$80K as strong PPI data pushes Fed rate cut hopes lower
The latest market reaction follows April’s Producer Price Index (PPI), which rose 1.4%, significantly above economist forecasts of around 0.5%. The hotter-than-expected print has reinforced concerns that inflationary pressures in the U.S. economy remain sticky, reducing the likelihood of near-term…...
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Hyperliquid whale positioning hits $4.23B as crypto derivatives tilt neutral
Whale positioning on decentralized derivatives platform Hyperliquid has reached $4.236 billion in total exposure, with large traders showing an unusually balanced stance between bullish and bearish bets. Long positions account for roughly $2.099 billion, or 49.55% of total whale exposure,…...
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Nvidia expected to dominate AI compute as agentic inference evolves
Nvidia’s dominance in AI compute could reshape infrastructure demands, emphasizing specialized, integrated systems over generic solutions. The post Nvidia expected to dominate AI compute as agentic inference evolves appeared first on Crypto Briefing....
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Jasmine Sun: AI populism is reshaping US politics, its economic impact far exceeds that of crypto, and 50% of entry-level jobs could vanish by 2030 | Bankless
AI’s growing influence in politics could reshape the 2028 election and redefine economic priorities. The post Jasmine Sun: AI populism is reshaping US politics, its economic impact far exceeds that of crypto, and 50% of entry-level jobs could vanish by 2030 | Bankless appeared first on Crypto Briefing....
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Ethereum Price Analysis: ETH Must Reclaim This Key Level to Restart Bull Run
Ethereum is trading around $2.3k and is still anchored below the $2.4k resistance zone that has capped this entire consolidation over the past months. The ascending channel from February’s lows remains structurally intact, and the conditions for a breakout seem favorable. The derivatives positioning has also changed dramatically recently,...
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Legendary Labs, Jinlian Capital merge to expand Web3 prediction markets
Legendary Labs and Jinlian Capital Foundation have announced a strategic merger aimed at building a broader decentralized prediction-market ecosystem, combining licensed gaming infrastructure with Web3 interoperability and AI-driven forecasting tools. The deal was first reported by ChainCatcher, which said the…...
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Binance expands into TradFi perpetuals as crypto traders chase macro exposure
Binance will roll out a new suite of U-margined perpetual futures contracts tied to traditional financial assets on May 15, adding exposure to Oracle, Disney, Uber, Cisco, Home Depot and Litecoin as the exchange accelerates its push into hybrid crypto-TradFi…...
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Solana price climbs toward overbought zone, can buyers push past $100?
Solana price continued pushing higher this week as bullish momentum strengthened near a major resistance zone that traders have closely watched since March. According to data from crypto.news, Solana (SOL) traded around $94 at press time on May 13 after…...
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Iran asserts control over Strait of Hormuz, barring US weapons passage
Iran’s control over the Strait of Hormuz heightens geopolitical tensions, potentially disrupting global energy markets and regional stability. The post Iran asserts control over Strait of Hormuz, barring US weapons passage appeared first on Crypto Briefing....
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