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Author: John Smith
Cerebras IPO shares nearly doubled on their first day of trading, opening at $350 after pricing at $185 per share on Wednesday evening. Summary Cerebras raised $5.55 billion at $185 per share and opened Thursday at $350, the largest US tech IPO since Uber’s 2019 debut. The AI chipmaker carries a market capitalisation above $100 billion with OpenAI and Amazon Web Services as anchor customers. The debut is seen as a bellwether for a broader AI listing wave with OpenAI and SpaceX targeting later-year offerings in 2026. Cerebras IPO shares opened at $350 on Thursday on the Nasdaq under the…
SIREN price crashed 51.36% on May 14, closing at $0.5574 after opening above $1.14. Summary SIREN price collapsed 51.36% on the daily chart on May 14, closing at $0.5574 after hitting an intraday high of $1.1619. The daily MACD histogram is rolling over sharply, with the MACD line curling toward an imminent bearish crossover below the signal line. If $0.50 fails to hold as daily support, the next meaningful demand zone does not appear until the $0.13 to $0.15 range from the March crash. SIREN price dropped 51.36% on the daily chart on May 14, opening at $1.1455 and collapsing…
The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. Summary The Senate Banking Committee advanced the Clarity Act in a bipartisan 15 to 9 vote, with two Democrats crossing the aisle to back the bill. Bitcoin climbed above $82,000 following the committee vote before pulling back to around $81,500, up roughly 2.5% on the day. Unresolved ethics provisions and a 60-vote Senate floor threshold remain as the bill moves toward a full Senate vote ahead of May 21 recess. The Clarity Act advanced out of the…
Kraken is deprecating its cross-chain provider and migrating to Chainlink CCIP as the exclusive infrastructure for its wrapped assets. Summary Kraken chose Chainlink CCIP for its ISO 27001 and SOC 2 compliance, 16 independent nodes, native rate limits, and enterprise-grade security standards. The migration covers Kraken Wrapped Bitcoin (kBTC) and all future Kraken wrapped assets deployed across DeFi protocols. The move follows similar migrations by Kelp, Solv, and Re after the $292 million KelpDAO exploit in April that hit a LayerZero-powered bridge. Kraken posted the announcement on X on May 14, confirming that Chainlink’s Cross-Chain Interoperability Protocol will become its…
Grove’s Basin liquidity network can supply up to $1 billion in daily stablecoin liquidity to support redemptions for tokenized U.S. Treasury funds. Summary Grove introduced a liquidity facility capable of providing up to $1 billion in daily stablecoin liquidity. The Basin network is designed to support instant redemptions for tokenized Treasury products including BlackRock’s BUIDL fund. The launch highlights growing institutional demand for tokenized real-world assets and on-chain liquidity infrastructure. Blockchain credit infrastructure company Grove has launched a liquidity network called Basin aimed at supporting instant redemptions for tokenized U.S. Treasury funds, marking another major step in the expansion of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ICODA highlights growing importance of AI search visibility for crypto brands in 2026 digital markets. Summary AI search is reshaping crypto discovery, making citation visibility more important than traditional SEO rankings. ICODA says crypto projects risk invisibility if AI tools like ChatGPT fail to cite them in answers. Crypto marketing is shifting toward AI optimization, structured data, and citation-ready content strategies. When a founder types “best DeFi protocols right now” into ChatGPT, Perplexity, or Gemini — their project either…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI crypto sector grows to $25.7B as projects like Poly Truth target prediction market intelligence. Summary AI crypto tokens now hold a $25.7B market cap as projects like Poly Truth target prediction market analysis. Poly Truth uses AI-style event analysis to help users assess prediction markets across crypto, politics, and sports. As AI crypto grows, Poly Truth is positioning PTRUE around data-driven prediction market intelligence. AI tokens have become one of the main crypto stories heading into 2026. CoinGecko’s…
Bitcoin briefly reclaimed $80,000 as traders weigh cooling ETF inflows, macro cross‑currents, and frothy derivatives positioning to decide whether BTC rallies or mean‑reverts. Summary Bitcoin climbed above the $80,000 level despite a slight 24-hour decline. Market participants are debating whether BTC can sustain momentum toward new highs. Analysts continue watching ETF flows, macroeconomic signals, and derivatives positioning for clues on Bitcoin’s next move. Bitcoin briefly traded above the $80,000 mark on Wednesday, extending its presence near historic highs even as short-term momentum showed signs of cooling. According to market data cited by ChainCatcher, BTC/USDT was trading at approximately $80,023.10, down…
Solana price pulled back on Wednesday as bullish momentum weakened near a key Fibonacci resistance zone, while traders monitored signs of a potential bearish MACD crossover on the daily chart. Summary Solana price pulled back toward the $90 support zone after facing rejection near the $94–$98 Fibonacci resistance region. The MACD indicator is approaching a bearish crossover on the daily chart, signaling weakening bullish momentum after SOL’s recent rally. Analysts are watching whether bulls can defend the $90 support level to prevent a deeper correction toward the $87 and $85 regions. According to data from crypto.news, Solana (SOL) traded near…
Bitget Wallet has appointed former Uber executive Jack Zhai as Head of the Americas as the company pushes to expand its self-custodial wallet business across the region. Summary Bitget Wallet has hired former Uber executive Jack Zhai to lead expansion efforts across the Americas. The company said its wallet platform now serves more than 90 million users as it pushes deeper into on-chain payments and self-custodial finance tools. Zhai joined Bitget after holding growth roles at Uber, NewsBreak, PIN AI, and Hooked Protocol. According to a statement shared with crypto.news, Zhai will oversee regional partnerships, user growth, and expansion efforts…
