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Core Scientific to buy Polaris for $421M to boost AI capacity

Tech　　Core Scientific to buy Polaris for $421M to boost AI capacityCore Scientific agreed to acquire Polaris DS LLC for $421 million to expand its AI data center operations in Oklahoma.The deal will add 440 megawatts of contracted power through Oklahoma Gas and Electric to support high-density computing.The Polaris site spans 40 acres and operates next to Core Scientifics existing Muskogee campus infrastructure.Core Scientific expects to close the acquisition in Q3 2026 after completing required regulatory approvals.The company has started building a new 82.5 megawatt facility to increase its total campus capacity.　　Core Scientific announced a $421 million agreement to acquire Polaris DS LLC in Oklahoma. The company targets the expansion of its AI data center capacity through the transaction. The deal adds contracted power and operating infrastructure to support high-density computing growth.　　Core Scientific advances Oklahoma campus expansion with Polaris acquisition　　Core Scientific confirmed it will acquire Polaris DS LLC for $421 million in cash and stock. The agreement includes 440 megawatts of contracted power through Oklahoma Gas and Electric. The company plans to integrate these assets into its Muskogee campus operations. The transaction remains subject to regulatory approval and is expected to close in Q3 2026.　　The Polaris site spans 40 acres and

05-07

EUR/GBP Set To Edge Higher, Rabobank Analysts Predict

Tech　　EUR/GBP Set To Edge Higher, Rabobank Analysts Predict　　Analysts at Rabobank have issued a fresh forecast for the EUR/GBP currency pair, suggesting a gradual upward trajectory in the coming weeks. The Dutch banks currency strategists point to a combination of monetary policy divergence and relative economic data as key drivers behind the anticipated move.　　Whats Driving the EUR/GBP Outlook？　　Rabobanks analysis centers on the European Central Banks (ECB) more hawkish stance compared to the Bank of England (BoE). While both central banks are navigating inflationary pressures, the ECB has signaled a more determined path toward tightening, which tends to support the euro. In contrast, the BoE faces a more fragile UK economic outlook, with growth concerns potentially limiting the pace of rate hikes.　　Furthermore, recent economic data from the eurozone has shown relative resilience, particularly in the services sector, while UK data has been more mixed. This divergence in economic performance is seen as another factor that could push the EUR/GBP cross higher.　　Technical and Market Context　　From a technical perspective, the EUR/GBP pair has been consolidating in a narrow range over the past few weeks. Rabobank‘s view suggests that a break above this range is likely, though the move is expected to be ’creeping rather

05-07

Can Bitcoin break a new 2026 high this week – or will geopolitics cause weekend reset again？

Bitcoin is trading above $82,000 on May 6, while oil, Treasury yields, the dollar, and US stocks shift around the same volatile geopolitical and macro backdrop that has left investors exhausted after the last few months.　　The move reopens the inflation-hedge debate while leaving it unresolved. It also puts pressure on the claim that $BTC has made a lasting break from equities.　　For now, the low-$80,000 area is the markets cleanest test of whether $BTC is catching a new bid from macro volatility or whether buyers are chasing another bear-market rebound.　　The current setup is unusually compressed. As of press time, CryptoSlates Bitcoin page shows the price near $82,000, with Bitcoin dominance around 60.4% and 24-hour volume above $40 billion.　　At the same time, WTI crude has fallen below $100, the US Dollar Index is below 98, official Treasury data shows 2-year and 10-year yields easing from the prior daily reading, and the Ss record/high-area move showed that traditional risk appetite remained active. Treasurys daily curve, meanwhile, showed only a small close-to-close easing in the 2-year and 10-year yields, even though intraday chart action looked sharper.　　That distinction is important because the Bitcoin argument weakens if the bond-market move is overstated, which is happening across

05-07

Memecoins Became Top-Performing Crypto Sector in April

Amid the bullish sentiment in the cryptocurrency market after Bitcoin ($BTC) reclaimed its $81,000 mark this week, Coinbase released COIN50 Index data for April, where the overall crypto market witnessed strong performance over the last month.　　According to the official data shared by Coinbase Institutional, the COIN50 Index has jumped by approximately 11.05% in the last month. One of the major reasons behind this surge is the easing of geopolitical tensions in the Middle East after the U.S. and Iran returned to peace talks following a ceasefire in the biggest war of the decade.　　The upward momentum in the crypto market was witnessed after initial shocks earlier this year, when Bitcoin drastically plunged below $70,000. In April, Bitcoin price increased by around 16%, while Ethereum shot up by around 14%.　　Bitcoin Triggers Correlation in Altcoins, Ethereum Follows the Lead　　After the bear run at the beginning of this year, Bitcoin has entered in April month with around $67,000. By the end of April, $BTC price soared by around $76,000. On the other hand, the second biggest cryptocurrency, Ethereum, has started the month at around $2,100 and wrapped up at around $3,300.　　After the rough start of 2026, in April, the crypto sector has witnessed strong

05-07

Crypto-backed Republican candidate wins Indiana congressional primary

A Republican US House of Representatives member running for reelection has won his partys primary after crypto-affiliated groups contributed more than $500,000 in supportive media buys.　　Representative James Baird won Tuesdays Republican primary for Indiana House District 4 with more than 60% of the vote, beating challenger Craig Haggard and others.　　Beginning with his first term, in January 2019, Baird consistently supported legislation considered favorable to the crypto industry, including the GENIUS stablecoin act and the market structure bill, the CLARITY Act.　　Source: NBC News　　According to filings with the US Federal Election Commission (FEC), the Defend American Jobs political action committee (PAC) spent about $514,000 on media to support Baird. The PAC is affiliated with Fairshake, a committee backed by crypto companies including Coinbase and Ripple Labs that spent more than $130 million to influence the 2024 US elections.　　“Representative Baird has been a proven leader for pro-job, pro-consumer, and pro-innovation policies in Congress,” a Fairshake spokesperson told Cointelegraph before the primary. “Were proud to support leaders committed to responsible regulation that ensures the US remains the global leader in innovation.”　　Baird, who also received an endorsement from Donald Trump, reportedly thanked the US President following his primary win. Trumps ties to the crypto industry

05-07

Zcash price jumps 36% to $600 resistance; bulls eye cycle high

Zcash price climbed 36% to above $600 amid Bitcoins uptick.$ZECs rally comes as a surge in shielded supply highlights Zcashs strength.Bulls could target $700 and cycle highs, but RSI signals profit-taking.　　Zcash ($ZEC) is riding the latest wave in the cryptocurrency market, surging alongside Bitcoins charge toward $82,000.　　As the flagship asset nears this key psychological barrier, altcoins are joining the rally, with Toncoin (TON) climbing 22%, Internet Computer (ICP) gaining 18%, and Near Protocol (NEAR) up 15% in the past 24 hours.　　This broad uptick signals a renewed investor appetite for privacy-focused and scalable protocols amid a dip in Bitcoins dominance to 54%.　　Zcash explodes 36% to above $600　　Zcashs price has skyrocketed 36% over the past week, flirting with the $600 resistance level early Wednesday.　　The privacy coin rose to highs of $606 on Coinbase, hitting its highest level since November 2025.　　Meanwhile, open interest on major futures platforms like Binance and OKX has surged to $1.3 billion, up from $964 million the day before.　　These metrics reflect surging conviction and have helped propel bulls past key resistances at $450 and $540. $ZEC hovered at $578 at the time of writing, with the $600 mark now acting as the immediate hurdle.　　Why is Zcash price surging？　　As noted,

05-07

Michael Saylor breaks Strategys never-sell rule

Michael Saylor said Strategy will “probably sell some bitcoin” to pay dividends, marking the first public reversal of the firms long-held never-sell position.Strategy executive chairman Michael Saylor floated selling bitcoin to fund dividend obligations during the companys Q1 2026 earnings call on May 5.Strategy holds 818,334 BTC and faces approximately $1.5 billion in annual dividend obligations across its preferred stock instruments.MSTR stock fell more than 4% in after-hours trading following the call, while bitcoin briefly dipped below $81,000.　　Strategy, the largest publicly traded corporate holder of bitcoin, may sell a portion of its holdings to cover dividend payments, executive chairman Michael Saylor said during the companys Q1 2026 earnings call on May 5. The statement marks the first time the firm has publicly walked back the never-sell position Saylor has repeatedly asserted over several years.　　“We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it,” Saylor said on the call. He framed the approach as deliberate: “You buy bitcoin with credit, you let it appreciate, and then you sell bitcoin to pay the dividend.”　　Q1 results and market reaction　　Strategy reported a $12.54 billion net loss for Q1 2026. The company

05-07

When is the CLARITY Act Going to Pass? Let’s Ask Claude

Bitcoin Ethereum NewsThe CLARITY Act scaled the initial stages, leaving five more steps before passage.There are multiple barriers confronting the CLARITY Acts passage in the US Senate.The CLARITY Acts passage odds are genuinely uncertain and time-sensitive.　　The CLARITY Act is one of the most important pieces of legislation facing the cryptocurrency industry. The bill, which aims to establish a comprehensive digital asset regulatory framework, has encountered several barriers, leading to delays in passing it.　　We asked Claude AI to estimate when the bill could be passed, identify the challenges it faces, and mention the key individuals supporting or opposing the legislative piece. The following section of this article contains a summary of Claudes response to our query.　　According to Claude, the CLARITY Act has passed the House 294-134 and moved through the Senate Agriculture Committee before stalling. It now awaits Senate Banking Committee markup, which is part of the five remaining steps, including a Banking Committee vote, a 60-vote passage on the Senate floor, bicameral reconciliation, and the Presidents signature.　　Key Barriers Confronting the CLARITY Act　　Claude identified several barriers to the CLARITY Acts passage, such as the Stablecoin Yield Dispute, which the AI chatbot considers the most controversial amendment in the bill. It also

05-07

Claude Delusion? Richard Dawkins Believes AI May Be Conscious

Richard Dawkins says conversations with Anthropics Claude chatbot made him question whether AI could be conscious.Dawkins exchanged philosophical letters between two Claude instances he named “Claudia” and “Claudius.”Most AI researchers say the exchanges show how persuasive large language models have become, not evidence of sentience.　　Richard Dawkins says conversations with Anthropics Claude chatbot left him unable to dismiss the possibility that advanced AI systems could be conscious. Most scientists who study consciousness and artificial intelligence remain unconvinced.　　In an essay published Tuesday in UnHerd, Dawkins described spending three days in philosophical conversations with a Claude instance he named “Claudia.” He later started a separate conversation with another instance, “Claudius,” and relayed letters between the two systems.　　“I find it extremely hard not to treat Claudia and Claudius as genuine friends,” Dawkins wrote.　　The comments went viral online in part because Dawkins, the evolutionary biologist and author of “The Selfish Gene” and “The God Delusion,” has spent decades publicly arguing for scientific skepticism and evidence-based reasoning.　　The exchange centered on a test Dawkins conducted using two Claude instances. In one test, Dawkins asked one AI whether Donald Trump was the worst president in American history and asked the other whether Trump was the best. Both produced

05-07

NVIDIA Unveils AI Platform for Smarter In-Vehicle Assistants

NVIDIA has detailed its next-generation AI solutions for vehicles, focusing on sophisticated in-car assistants powered by its DRIVE AGX platform. These systems promise to shift in-vehicle AI from basic command-response interfaces to agentic, multimodal systems capable of reasoning, planning, and assisting proactively.　　The highlight is NVIDIAs AI Box, a modular computing solution designed to upgrade existing in-vehicle infotainment (IVI) systems. By running large language models (LLMs) and vision-language models (VLMs) locally, the AI Box enables contextual, real-time assistance while maintaining strict privacy and latency requirements. Automakers can integrate the AI Box without overhauling their current electronic architectures, significantly reducing development costs and time to market.　　Advancing In-Car AI　　Traditional in-car systems rely on rigid command-response pipelines, but consumer expectations have evolved. NVIDIAs solution leverages LLMs and multimodal AI to provide conversational interfaces that adapt to driver needs. This includes features like predictive maintenance alerts, real-time ADAS explanations, and personalized settings for passengers, such as child-friendly modes.　　The DRIVE AGX platform, including the high-performance Thor variant, is equipped to handle advanced AI workloads. Thors Blackwell GPU architecture allows automakers to centralize all AI features—from autonomous driving tasks to infotainment—on a single platform while ensuring stable, isolated performance for critical systems.　　Scalable AI for All Vehicle Segments　　To

05-07

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