Gemini (GEMI) Stock Soars 30% as Credit Card Business Powers Q1 Revenue Beat

Gemini Space Station, Inc. Class A Common Stock, GEMIConsumer Finance Products Drive Revenue Shift  While transaction revenue remained steady at $24 million, the composition beneath that figure changed significantly. Revenue from the primary cryptocurrency exchange operations totaled $17.2 million — representing a 27% decline year-over-year. Trading volumes contracted to $6.3 billion from $13.5 billion in Q1 2025, reflecting broader market headwinds in the digital asset space.  The companys pivot into consumer financial products began in 2021 with the introduction of its credit card offering. Half a decade later, that strategic decision is delivering substantial returns.  However, operational costs also saw significant expansion. Overall expenses increased 73% to $144.5 million during the quarter, propelled by higher compensation costs, marketing expenditures, and credit card-related expenses. The company recorded a net loss of $109 million alongside an adjusted EBITDA loss approaching $60 million.  The Winklevoss twins also provided capital support through a $100 million investment via their Winklevoss Capital Fund, executed in Bitcoin, receiving 7.1 million common stock units in return.  Prediction Market Gains Traction  In a first for the company, Gemini shared performance data for its prediction market platform, which went live in December. The offering has facilitated over 100 million contract trades since inception, attracting more than

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Anthropic Outlines 3 Measures to Keep US Ahead of China in AI

Anthropic has published a paper on the US-China competition in artificial intelligence (AI). It argues America can secure a 12-to-24-month lead over China with the right policy moves.  The United States and China are engaged in an intense competition for leadership in AI development. However, Anthropic stressed that the US and its allies must maintain their advantage over the Chinese Communist Party (CCP).  Anthropic Pushes Washington to Cement a 12-24 Month AI Lead  The paper noted that although export controls have helped preserve the United States current lead, the measures have not been sufficient.  US vs China update. Stanford‘s AI Index put the US–China gap at 2.7%. Here’s what two years of real-world use from the Text Arena shows.  Gap three years ago: +278. Today: +29.@AnthropicAI‘s Claude Opus 4.6 Thinking vs. Baidu’s@ErnieforDevs Ernie 5.1 at the top.  The US… pic.twitter.com/gDt4hzRR8K  — Arena.ai (@arena) May 14, 2026  The Chinese Communist Party (CCP) lacks the capacity to produce enough advanced chips domestically or legally acquire them from overseas.  Nonetheless, Chinese AI labs have remained competitive through two key workarounds. The first is illicit compute access, smuggling advanced AI chips into China and tapping into offshore data centers.  The second is illicit model access, which includes distillation attacks on US frontier systems and

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The $100 roadblock - Why Solana’s ETF inflows couldnt shatter the range highs

Tech  The $100 roadblock – Why Solana‘s ETF inflows couldn’t shatter the range highs  A recent AMBCrypto report found that Solana [SOL] had rallied 10x what Bitcoin [BTC] had rallied at one point in May. The reason behind this outperformance was a combination of growing institutional support for SOL and strong spot ETF inflows.  As a result, the SOL/BTC hike measured 9%, indicating a greater risk appetite among Solana buyers.  And yet, despite the good performance, the altcoin has faced losses over the past three days. Tokenized stock activity and ETF inflows were not enough to drive the prices higher.  SOL faced rejection from just below the psychological $100-resistance on Monday, 11 May. Hence, the question – Is this a temporary roadblock, or have the bulls pushed SOL as far as it would go?  The range formation and cautious Solana outlookSource: SOL/USDT on TradingView  In March, Solana broke the $94 local high but stopped short of the $100-mark, falling all the way to the range lows once more. The revised range high at $97.68 was tested once again, but a bearish outcome came in recent days.  During this range formation, the OBV on the 1-day chart trended higher. This indicated accumulation within the range, making a bearish breakdown

05-15

US Senate’s digital asset market rules nearing the finish line

Tech  US Senates digital asset market rules nearing the finish line  The U.S. took a big step closer to a regulated digital asset market following a Senate committee vote, but President Trumps crypto profiteering could yet derail this train.  On Thursday, the Senate Banking Committee voted to advance its Digital Asset Market Clarity Act (CLARITY) following two-plus hours of often heated debate over dozens of proposed amendments filed earlier this week. Crucially, the vote was 15-9 in favor, with two Democrats—Michelle Alsobrooks (D-MD) and Ruben Gallego (D-AZ)—breaking ranks to vote ‘aye’ alongside all 13 Republican committee members.  However, both Alsobrooks and Gallego stated for the record that their committee votes were no guarantee of similar approval when CLARITY reaches the floor for a vote by the full Senate. There, it will require 60 votes to pass, meaning at least seven Dems would have to vote in favor, assuming all 53 GOP senators vote in lockstep.  Following the vote, Alsobrooks acknowledged that “the digital revolution is upon us … and the truth is this digital revolution is happening with us or without us.” But “my vote today is a vote to keep working in good faith. It does not mean that Ill be voting for the

05-15

LDO Price Prediction: $0.42 Retest Before $0.35 Correction Within 30 Days

Technical Setup Points to Oversold Bounce  LDOs current price action reflects classic consolidation characteristics with RSI at 49.31 showing neither overbought nor oversold conditions. The MACD histogram sits at zero, indicating momentum equilibrium, while price remains compressed within the middle Bollinger Band territory around $0.38.  This technical sandwich between the 7-day SMA at $0.40 above and 50-day SMA at $0.36 below typically resolves with increased volatility. The 200-day SMA at $0.49 represents significant overhead resistance that will likely cap any meaningful recovery attempts. Current positioning suggests a coiled spring setup awaiting directional catalysts.  Derivatives Market Signals Shift  The funding rate structure reveals important positioning dynamics. Negative funding at -0.0175% means short sellers are paying long holders every eight hours, indicating overcrowded bearish sentiment that often precedes technical bounces. Open interest has increased 4.48% to $14.7 million, showing fresh participation as Blockchain.news tracking indicates new positions being established.  This funding dynamic combined with compressed volatility creates conditions favorable for short-covering rallies, particularly if LDO can reclaim the $0.40 level where recent resistance has formed.  Resistance Levels Define Rally Potential  The most probable near-term path involves LDO testing resistance around $0.42, where both the upper Bollinger Band and recent intraday highs converge. This level represents approximately 10% upside from

05-15

BloFin WOW (War of Whales) 2026 Grand Prix Opens Registration for $5,000,000 Trading Championship 

Tech  BloFin WOW (War of Whales) 2026 Grand Prix Opens Registration for $5,000,000 Trading Championship  BloFin, a prominent global cryptocurrency exchange, has officially opened registration for its highly anticipated trading competition, the WOW (War of Whales) 2026 Grand Prix. Returning bigger and bolder than ever, this years edition boasts an extraordinary total prize pool of up to $5,000,000 USDT, exclusive luxury giveaways, and a groundbreaking new twist — for the first time, human traders will go head-to-head against AI in a battle to claim the title of the ultimate whale.  Under the rallying cry “Squad Up. Beat AI.”, WOW 2026 is set to become one of the most dynamic and forward-looking trading events of the year, bringing together crypto traders, elite squads, and algorithmic challengers worldwide.  Four Thrilling Competition Formats, One Epic Trading Season  This year‘s WOW Grand Prix offers participants multiple distinct ways to compete and win big. The formats include the Trading Competition (Futures), Treasure Box Prize Hunt, Lucky Spin Draw, and Grand Lotto Giveaway — alongside the brand-new Human vs AI Showdown, where traders are challenged to outperform BloFin’s AI-driven benchmarks for a share of bonus prize tiers.  Throughout the competition window, traders can engage in team battles, climb individual leaderboards, unlock random

05-15

Pre-IPO Tokenization Arrives: Binance, Bitget, and Gate Launch SpaceX-Linked Products for Retail Traders

The numbers are staggering. In Q1 2026, the weekly trading volume of commodity perpetual contracts on crypto exchanges surged from $38.1 million to $25 billion—a 65,463% jump that underscores how quickly tokenized traditional assets are taking over. Silver, gold, and crude oil now trade 24/7 on Binance, Hyperliquid, and other venues, sometimes becoming the only global price discovery mechanism when traditional markets are closed. Now, that same logic is creeping into pre-IPO equity. According to an analysis by Arkstream Capital, three major exchanges—Bitget, Gate, and Binance—quietly launched tokenized products tied to SpaceX in April 2026, giving retail investors a piece of a secondary market that has historically been walled off to anyone below the ultra-high-net-worth bracket.  This is not just another altcoin narrative. Real-world asset tokenization, tracked in a recent tokenization roundup on BlockchainReporter, has already crossed $20 billion on-chain, and pre-IPO shares are the latest asset class to be chopped into tradable tokens. The move breaks open a club that in 2024 saw $160 billion in global volume, with top names like SpaceX, OpenAI, and Anthropic consistently accounting for a third or more of all activity. Deal sizes start at $10 million, structured through SPVs where buyers end up with

05-15

AAVE Price Prediction: $85 Capitulation Target as DeFi Selloff Accelerates

Distribution Phase Confirmed  AAVE‘s grinding decline to $96.45 represents classic distribution as smart money exits DeFi positions ahead of broader market weakness. The token’s 3.38% daily drop masks a more serious technical deterioration that becomes clear when examining the confluence of momentum signals and volume patterns.  Price action around the 12-period EMA at $96.45 creates a false sense of stability, but the underlying structure points to continuation lower. The RSI neutral reading at 49.93 combined with stalled MACD momentum indicates neither buying pressure nor capitulation – a dangerous middle ground that typically resolves with violent moves. Blockchain.news analysis of similar DeFi token patterns shows this type of sideways drift often precedes 15-20% corrections within days.  Critical Support Breakdown Setup  The immediate technical picture centers on AAVEs inability to reclaim the $99.47 resistance zone. Each bounce attempt meets selling pressure, creating a textbook bear flag pattern that targets the $85-88 support cluster.  Current price positioning between the 7-day SMA at $97.79 and support at $93.92 creates a narrow trading range that favors downside resolution. The Bollinger Band reading of 0.61 places AAVE in the upper portion of its recent range, suggesting limited upside potential before encountering distribution pressure. More critically, the distance to the 200-day SMA

05-15

Solana Price Prediction: $98 Wall Keeps SOL Trapped

Tech  Solana Price Prediction: $98 Wall Keeps SOL Trapped  Solana is testing a key setup after sellers rejected SOL near the $98 resistance zone. However, the price still holds important short term support, keeping the breakout scenario alive for now.  Solana Price Faces $98 Breakout Test After Channel Rejection  Solana price is trading near the upper part of its daily range after a failed attempt to break the $98 resistance level, according to the SOL chart shared by Ali Charts.  The chart shows SOL moving inside a defined channel since February. The lower boundary sits near $78.17, while the upper boundary stands near $97.79. The mid-range area is around $88.02, with another key level near $92.89  Solana Daily Channel Chart. Source:  SOL recently tested the channel ceiling near $98 but faced a quick rejection. After that move, the price pulled back toward the $91 area. This shows that sellers still control the upper range for now.  However, the chart also shows SOL holding above the $88 pivot level. That keeps the broader channel structure intact. As long as Solana stays above this mid-range zone, another move toward $98 remains possible.  A daily close above $98 would mark a bullish breakout from the range. In that case, Ali Charts points

05-15

Group linked to Trump sons seeks $400M from US defense department for Kazakhstan tungsten mine

Tech  Group linked to Trump sons seeks $400M from US defense department for Kazakhstan tungsten mine  A company with ties to Donald Trumps adult sons is asking the US Department of Defense for $400 million to develop a tungsten mine in Kazakhstan. The request lands at a moment when Washington is aggressively trying to wean its defense supply chain off Chinese-controlled minerals.  The project targets the Boguty deposit in Kazakhstan, a country sitting on significant tungsten reserves. Its a conventional mining play, not a tokenized asset or blockchain venture.  Why tungsten, why Kazakhstan  Tungsten is used in armor-piercing ammunition, aerospace components, and high-performance tooling. Its classified as a critical mineral by the US government. China dominates global tungsten production, giving Beijing enormous leverage over a material the Pentagon considers essential.  Kazakhstan has been actively courting international investment to expand its mining sector, positioning itself as a reliable alternative supplier for defense and high-tech manufacturing inputs.  The conflict-of-interest question  When a company linked to the sitting presidents family requests hundreds of millions in government funding, the optics are, to put it gently, challenging. The $400 million ask from the DoD raises straightforward questions about whether national security priorities are being leveraged for private benefit.  This is a real funding request

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