Nasdaq

2026-05-12 20:21

Gate Ventures: Tech Stocks Hit New Highs Amid Inflationary Pressure, Crypto Market Risk Appetite Recovers

Odaily Odaily News According to the latest weekly report from Gate Ventures, global markets continued to strengthen last week, driven by the technology sector. Both the S&P 500 and the Nasdaq index hit new record highs, with the S&P 500 gaining 2.36% for the week and the Nasdaq rising 4.52%. In the crypto market, BTC rose 4.6% last week, ETH rose 2.1%, spot BTC ETFs recorded net inflows for the fifth consecutive week, and market sentiment recovered to the neutral range. Additionally, the total market cap of cryptocurrencies excluding the top ten assets increased by 12.6% for the week.On the macroeconomic front, the ISM Services Price Index rose to 70.7, a two-year high, coupled with energy price fluctuations and the Federal Reserve's policy expectation of "keeping interest rates higher for longer," leading to increased market focus on a "stagflation" environment. On the industry level, Payward, the parent company of Kraken, has applied to the OCC for a national trust charter, highlighting the increasingly evident trend of industry compliance. In terms of investment and financing, 10 deals were completed last week totaling $34.2 million, primarily concentrated in the DeFi and infrastructure sectors. Among them, OpenTrade completed a $17 million funding round to accelerate the development of institutional-grade stablecoin yield infrastructure; OnRe secured a $5 million Series A round to advance its Solana-based tokenized reinsurance product offerings.

based Bitcoin Ethereum Gate Hit Kraken

2026-05-12 20:06

Keel Infrastructure Reports $145 Million Net Loss in Q1, Completes Transition from Bitcoin Mining to AI Infrastructure

According to The Block, Keel Infrastructure Corp. (Nasdaq: KEEL, formerly Bitfarms) reported its Q1 2026 financial results, posting a net loss of $145 million and revenue down 23% year-on-year to $37 million. The loss was primarily driven by a $41 million non-cash impairment related to changes in the fair value of digital assets and a $22 million loss from the write-off of the Macquarie credit facility. The company completed its U.S. re-domiciliation and rebranding in April this year, formally exiting the Latin American market, and has continued reducing its Bitcoin holdings—selling a total of 269 BTC between January and May 8, generating $20 million in cash proceeds. As of May 8, the company’s total liquidity stood at approximately $533 million, comprising $336 million in unrestricted cash and $197 million in unencumbered Bitcoin.

Bitcoin Bitfarms Block Keel The Block

2026-05-12 18:52

Wintermute Weekly Report: BTC Breaks $80,000, but Rally Structure Raises Concerns

Wintermute released its weekly market analysis, covering the week ending May 11. During this period, BTC broke above $80,000 for the first time since January, peaking near $83,000 and decisively crossing its 200-day moving average—a resistance level that had held for seven months. However, Wintermute noted that this rally was primarily leveraged-driven: open interest surged by $10 billion month-on-month to $58 billion, while spot trading volume hit a two-year low—classic hallmarks of a short squeeze rather than a healthy breakout. Funding rates remain skewed bearish, indicating further short-covering potential in the near term; yet covering shorts does not equate to genuine bullish consensus. Looking at medium- to long-term fundamentals, institutional buying logic remains intact: BTC ETFs posted $623 million in net inflows for the week; Morgan Stanley’s BTC ETF attracted $194 million in its first month with zero net outflows on any single day; and BTC reserves held on exchanges remain at a seven-year low. Nevertheless, Wintermute cautioned that the RSI has entered overbought territory, and if spot buying fails to materialize after the squeeze concludes, prices face significant risk of a rapid correction. On the macro front, the Nasdaq rose 4.5% and the S&P 500 gained 2.3% for the week—both hitting all-time highs. Nonfarm payrolls significantly exceeded expectations (115,000 vs. forecast 65,000). U.S.-Iran negotiations collapsed, with Iran demanding sovereignty recognition and reparations—terms rejected by Trump. Oil prices swung violently between $88 and $113 per barrel during the week, yet equity markets reacted indifferently. Key events to watch this week:

Bitcoin Key Rally Rally Rally Structure

2026-05-12 14:31

Ray Dalio: Bitcoin transactions are traceable, making it difficult for central banks to adopt

According to CoinDesk, billionaire hedge fund manager Ray Dalio stated that Bitcoin’s lack of privacy—making transactions monitorable and potentially controllable—is the primary reason central banks are reluctant to hold it. Dalio said approximately 1% of his portfolio is allocated to Bitcoin but believes its transparent ledger renders it unsuitable as a reserve asset. Dalio also pointed out that Bitcoin’s 90-day correlation coefficient with the Nasdaq Index stands at 0.89, and roughly 79% of its price volatility can be explained by movements in tech stocks—undermining its function as an independent store of value. Furthermore, Bitcoin’s market size remains comparatively small relative to gold and is more susceptible to influence; Dalio believes gold continues to play a more central role in the global system.

Bitcoin CoinDesk Furthermore

2026-05-11 21:40

Ondo bridges tokenized US stock assets to Hyperliquid’s HyperEVM

Ondo Finance has officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid’s HyperEVM via the Ondo Bridge. This integration supports 35 types of tokenized assets, which can be combined with Hyperliquid’s perpetual contract markets for strategies such as basis trading, funding rate arbitrage, and neutral hedging. The prices of Ondo’s tokenized assets are pegged to quotes from traditional markets like the NYSE and Nasdaq, aiming to preserve off-chain market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with a trading volume of nearly $18 billion.

Binance BNB Chain Bridge Chain Ethereum Hyperliquid

2026-05-11 20:45

LM Funding America Report: Sold 13.5 BTC in April, Holdings Drop to 334 BTC

Nasdaq-listed Bitcoin mining company LM Funding America (LMFA) released its unaudited operational report for April 2026, disclosing data on its Bitcoin treasury holdings and mining output. As of April 30, the company held 334 Bitcoins, valued at a total of $25.3 million based on a price of approximately $75,800 per coin that month. This corresponds to a Bitcoin asset value per share of $1.18, significantly higher than the company's U.S. stock closing price of $0.24.Data shows that the company net mined 9.4 BTC in April and sold 13.5 BTC during the same period, leading to a slight decrease in Bitcoin holdings from 338.1 BTC in March. The company's total mining machine count remains at 7,508 units, with a stable network hashrate of 0.79 EH/s, showing no change in hashing power scale.

based Bitcoin Drop LM Funding

2026-05-11 20:16

SharpLink Q1 Report: ETH Holdings Rise to 873,000, Treasury Strategy Fuels Revenue Growth

Nasdaq-listed SharpLink (SBET) has announced its first-quarter financial results for the period ending March 31, 2026, revealing the continued expansion of its Ethereum (ETH) treasury strategy and a transition from basic staking towards a broader on-chain yield management phase.The financial report shows that Q1 2026 revenue surged year-over-year to $12.1 million, primarily driven by an active ETH management strategy. During the same period, SG&A expenses rose to $9.9 million, allocated to expanding institutional-grade ETH asset management infrastructure. Impacted by accounting standards, the company recorded a net loss of $686 million for the quarter, mainly composed of a $507 million unrealized loss on ETH and a $192 million impairment on LsETH. SharpLink emphasized that these are non-cash accounting losses and do not represent realized economic losses or a decrease in ETH holdings.As of the end of March, SharpLink held approximately 870,800 ETH, which had increased to 873,000 by May, with its GAAP-valued crypto assets totaling around $1.7 billion. Since initiating its ETH treasury strategy in June 2025, the ETH Concentration metric (ETH per share) has risen from 2.0 to 4.02, with cumulative staking and on-chain yields generating approximately 18,800 ETH.SharpLink CEO Joseph Chalom stated that the goal is to enhance ETH capital productivity through institutional-grade on-chain strategies, achieving cross-cycle shareholder value growth. The company has largely internalized its ETH management capabilities and shifted from a single staking yield to a multi-strategy yield system encompassing DeFi, aiming to improve risk-adjusted returns.

Ethereum June Rise Strategy Treasury

2026-05-11 19:35

analysis: Bitcoin funds saw over $700 million in weekly inflows, with institutional capital entering the crypto market for five consecutive weeks

CoinShares data shows crypto funds saw net inflows of $858 million last week, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with year-to-date inflows reaching $4.9 billion, indicating sustained growth in institutional investor demand for the crypto market.Market analysis suggests that positive expectations related to the "Clarity Act" have driven an improvement in institutional sentiment. Currently, BTC prices remain above the $80,000 mark, with the market watching for a potential breakout of the 200-day moving average near $82,000. Marex analysts point out that if Bitcoin manages a daily close above $82,000 accompanied by stable spot buying, it could initiate a new upward trend.In the altcoin space, SUI rose 12% in 24 hours to $1.26. Mysten Labs co-founder Adeniyi Abiodun revealed that Sui plans to launch confidential transaction features this year to support fee-free private payments. Additionally, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its reserve SUI, effectively reducing the circulating market supply by approximately 2.7%. (CoinDesk)

Bitcoin Clarity CoinDesk CoinShares Market Mysten Labs

2026-05-11 09:01

Cerebras plans to raise its IPO price range to $150–$160 per share, potentially increasing the fundraising amount to approximately $4.8 billion.

According to CNBC, AI chip company Cerebras Systems is expected to raise the size and price range of its initial public offering (IPO) as early as Monday, increasing the offering price from $115–$125 per share to $150–$160 per share and raising the number of shares offered from 28 million to 30 million. At the upper end of the revised range, Cerebras could raise approximately $4.8 billion—up from the originally planned $3.5 billion. Sources indicate that the IPO’s subscription volume has already exceeded available shares by more than 20 times. Cerebras expects to price its IPO on May 13 and plans to list on the Nasdaq Global Select Market under the ticker symbol “CBRS.”

Market

2026-05-10 19:17

viewpoint: Bitcoin may reclaim all-time highs within the next 12 months, with central bank reserve trends driving its globalization

Matthew Sigel, Head of Digital Assets Research at VanEck, stated he expects Bitcoin to revisit its all-time high within the next 12 months. This is because the current correlation between BTC and the Nasdaq index is near a five-year high, and the resilience of the US stock market provides support for this rebound. However, the derivatives market has not yet shown significant optimism; futures and options trading largely reflects short covering and hedging demand. From a contrarian perspective, this suggests the Bitcoin rally may still have room to continue.Matthew Sigel also noted that a central bank has already announced plans to include Bitcoin in its foreign exchange reserves this year, indicating that BTC is gradually evolving into a global asset suitable for large-scale cross-border settlements. He believes this will become a long-term trend. In terms of investment direction, he favors a further increase in Bitcoin's market dominance, as well as Bitcoin mining companies poised to benefit from the trend of AI integration. He believes mining companies are increasingly becoming significant beneficiaries of AI infrastructure, and as AI-related businesses grow, the pressure on miners to sell BTC for financing is also decreasing.Furthermore, Matthew Sigel believes that if the CLARITY Act is eventually passed, it could revitalize sentiment in the altcoin market. However, currently, most institutional investors remain cautious towards the majority of altcoins due to regulatory and investor protection concerns.

Bitcoin Furthermore

2026-05-10 16:50

Hyperliquid Strategies Financial Report: HYPE Holdings Increased to 20 Million Tokens as of the End of April

Nasdaq-listed HYPE treasury company Hyperliquid Strategies has released its quarterly and nine-month financial and operating results for the period ending March 31, 2026. The report disclosed an investment of $216 million to purchase approximately 7.3 million HYPE tokens. As of April 29, HYPE reserve holdings had increased to 20 million tokens, with $103 million in cash still on the books. Additionally, the company invested $10.5 million to repurchase approximately 3 million shares at an average cost of $3.42 per share. In the nine months ending March 31, 2026, driven by $198.4 million in unrealized gains on HYPE, the company generated $2.6 million in HYPE staking income and recorded a net profit of $152.5 million. (PRNewswire)

Hypercent Hyperliquid

2026-05-09 15:35

Bitdeer continues to maintain zero holdings, selling 193.8 BTC this week

Nasdaq-listed Bitcoin mining company Bitdeer released its latest Bitcoin holdings data on X. For the week ending May 8, its Bitcoin mining output was 193.8 BTC, but during the same period, it sold 193.8 BTC, resulting in a net addition of 0 BTC. It currently maintains zero Bitcoin holdings.

Bitcoin Bitdeer

2026-05-09 12:43

MARA initiates consent solicitation for Long Ridge’s $600 million notes to advance asset acquisition

According to GlobeNewswire, Nasdaq-listed Bitcoin mining company MARA Holdings has initiated a consent solicitation process among holders of Long Ridge Energy’s $600 million senior secured notes (maturing in 2032) to amend certain covenant provisions. MARA previously signed an agreement on April 29 to acquire 100% of the equity interest in Long Ridge’s parent company. As this transaction would trigger the “change of control” provision in the notes, MARA would theoretically be required to redeem all outstanding notes in cash at 101% of par value. MARA is now seeking consent from note holders to exclude this transaction from the definition of “change of control” and to designate MARA and its affiliates as “permitted holders.”

Amara Finance Bitcoin Long MARA MARA

2026-05-09 12:38

IREN Discloses $3.4 Billion AI Cloud Contract with NVIDIA and Accelerates Bitcoin Mining Transformation

According to GlobeNewswire, IREN, a Nasdaq-listed company, released its latest financial results and disclosed that it has signed a $3.4 billion AI cloud contract with NVIDIA. Under the agreement, IREN will deploy air-cooled Blackwell GPU infrastructure for NVIDIA over a five-year term. The financial report also indicates that IREN is accelerating its transition from Bitcoin mining to AI cloud services. Construction of the data center related to its $9.7 billion contract with Microsoft is underway. As of April 30, IREN held $2.6 billion in cash. Revenue for the third quarter of fiscal year 2026 totaled $144.8 million, down from $184.7 million in the prior quarter. The company reported a net loss of $247.8 million, primarily driven by non-cash impairments related to the retirement of mining equipment.

Bitcoin GPU.Net Node AI NVIDIA

2026-05-09 10:26

Whale Shorted Nasdaq and S&P 500 with High Leverage, Still Adding Margin Despite Unrealized Losses Exceeding $1.9 Million

According to on-chain analytics platform Lookonchain (@lookonchain), an on-chain address is shorting the NASDAQ-100 Index and the S&P 500 Index with high leverage; its unrealized losses have already exceeded $1.9 million. To avoid forced liquidation, the address added another $1 million worth of USDC as margin 9 hours ago. Its current position remains in a high-risk state.

Circle Lookonchain Whale

2026-05-08 08:24

Hyperliquid Strategies Incurs $165 Million Net Loss Over Nine Months; HYPE Total Holdings Approx. 20 Million Tokens

According to The Block, Hyperliquid Strategies Inc. (ticker: PURR), a Nasdaq-listed company holding HYPE tokens, released its third fiscal quarter report ending March 31, 2026, reporting a cumulative net loss of $165.4 million over the past nine months. The losses primarily stem from three components: $64 million in unrealized losses on HYPE tokens; a one-time write-off of $35.6 million related to the acquisition of the former Sonnet BioTherapeutics business; and a $60.5 million increase in deferred tax expenses. Since its founding in December 2025, the company has invested $216 million to acquire approximately 7.3 million HYPE tokens and currently holds roughly 20 million HYPE tokens in total. Additionally, it has spent $10.5 million repurchasing approximately 3 million shares of PURR and retains $103 million in cash for future deployment. Quarterly staking revenue amounted to $2.6 million, interest income totaled $1 million, and operating expenses reached $7.2 million.

Block Hypercent Hyperliquid Hyperliquid Strategies Inc Hypurr SpartaCats

2026-05-07 23:07

21Shares Launches First U.S. ETF Tracking Canton Network’s Native Token

According to The Block, 21Shares’ Canton Network ETF began trading on Nasdaq Thursday under the ticker symbol TCAN. This fund is the first ETF in the U.S. to offer direct exposure to Canton Coin—the native utility token of the Canton Network. The Canton Network is a privacy-preserving blockchain ecosystem built for institutional finance, with core developer Digital Asset backed by Goldman Sachs, Microsoft, and DTCC. Over the past year, the U.S. market has launched ETFs tracking various crypto assets, including SOL, XRP, DOGE, HBAR, and Polkadot.

21Shares Block Canton Network Digital Asset Dogecoin Hedera

2026-05-07 20:45

Treasure Global to Deploy $100 Million to Establish an ETH-Centric Digital Asset Treasury

Nasdaq-listed company Treasure Global announced plans to gradually deploy $100 million in capital to establish a digital asset treasury reserve with ETH at its core, with plans to expand the treasury to include additional digital assets in the future. The company stated that its digital asset treasury framework will serve as a long-term capital allocation tool, providing strategic exposure to the development of digital financial infrastructure without altering its core business operations. (Globenewswire)

Digital Asset Ethereum Treasury

2026-05-06 20:12

Hut 8 Q1 Earnings Report: AI Data Center Leases Lock in $1.68 Billion in Revenue, Unlocking ~3,300 BTC in Liquidity

According to PRNewswire, Nasdaq-listed Bitcoin mining company Hut 8 released its financial results for the first quarter of 2026, reporting $1.68 billion in revenue from leases for its two hyperscale AI campuses. While advancing its AI data center business, its Bitcoin-related operations remain one of its core revenue sources: total Q1 revenue amounted to $71 million, of which approximately $66 million came from ASIC computing power, AI cloud, and traditional cloud services—primarily driven by Bitcoin mining and related computational services. Additionally, Hut 8 completed a refinancing of its Bitcoin-backed loans, unlocking approximately 3,300 BTC (valued at roughly $260 million) to enhance liquidity and support business expansion. As of the end of March, Hut 8 held cash and Bitcoin with a combined value of approximately $1.3 billion. However, due to digital asset price volatility, the company reported a net loss of $253 million for the quarter—including approximately $296 million in unrealized digital asset losses.

Bitcoin Center

2026-05-06 20:08

Bitcoin treasury company Hyperscale Data announces plan to purchase 2,000 troy ounces of gold

According to PRNewswire, Hyperscale Data, a Nasdaq-listed Bitcoin treasury company, announced an expansion of its digital asset and precious metals reserve strategy, including the purchase of 2,000 ounces of gold. To date, the company’s Bitcoin holdings have increased to 680.9595 BTC, and it also holds 10,000 ounces of silver, with plans to increase its silver holdings to 100,000 ounces.

Bitcoin Hyperscale Data