Brian Armstrong sold more stock in 12 months than Coinbase’s Q1 loss

Coinbase CEO Brian Armstrong personally sold more stock over the past year than his company lost on behalf of its COIN shareholders last quarter. Although he took a break from his sales in Q1, he entered the quarter with more personal compensation than his company would lose in three months.  The company lost $394 million for its shareholders during the first quarter of 2026. Armstrong, between May 2025 and January 2026, personally sold over $540 million worth of COIN.  Coinbase reported a $394 million net loss on $1.4 billion in revenue compared to a profit of $66 million in Q1 2025 during the brief exuberance over Donald Trumps pro-crypto policies.  Net transaction revenue, the engine of the business, fell 40% from Q1 2025 to less than $756 million.  Coinbase also marked the start of the Consensus conference in Miami by slashing its workforce by 14%, firing about 700 employees on the first day of the mega-event.  The companys stock closed yesterday down roughly 57% from its July 18, 2025 high of $444.64. The stock was trading another 4% lower in after-hours trading on its earnings disappointment.  Brian Armstrong takes a break from dumping COIN  Armstrongs sales are filed with the SEC under his name or the name

05-09

MegaETH launches MEGA buyback funded by USDm stablecoin revenue

MegaETH has activated a MEGA token buyback program funded entirely by net revenue from its USDm stablecoin, turning Treasury‑backed yield into a standing bid for its “real‑time Ethereum” L2 token after a sharp post‑launch selloff.The MegaETH Foundation has kicked off a MEGA token buyback program, completing its first purchase using all net earnings generated by USDm through the end of April.USDms current supply is about $480 million, and future MEGA buybacks will run programmatically, with size determined by USDm supply and yield on its reserve assets.The foundation stresses that USDm is not issued or operated by MegaETH or MegaLabs, even as its revenue stream becomes a core economic engine for MEGA demand.  The MegaETH Foundation says its MEGA token buyback plan is now live, with the first repurchase funded entirely by net earnings from USDm accumulated through the end of April. In an announcement on X, the foundation said it had “completed the first MEGA buyback using all net income generated by USDm‘s issuer as of April 30,” framing the move as the start of an ongoing demand loop where the ecosystem’s stablecoin revenue is recycled into the native token.  MEGA buyback goes live, tied directly to USDm revenues  Importantly, the foundation reiterated

05-09

XRP Momentum Fades As Bulls Fail To Hold Breakout Zone

XRPs latest breakout attempt appears to be losing steam as bulls struggle to maintain price action above the key resistance zone near $1.45. The rejection has pushed XRP back toward an important support area despite ongoing bullish developments surrounding Ripple and the XRPL ecosystem.  Failure To Hold Above $1.45 Resistance  In a recent analysis, crypto analyst EllaWeb3 noted that XRP struggled to maintain momentum above the $1.45 level and has since started drifting back toward the same breakout zone that traders had been closely monitoring in recent sessions. The rejection near resistance has slowed bullish momentum and placed the market back into a wait-and-see phase.  What makes the situation more notable is that the pullback occurred despite Ripple continuing to expand institutional tokenization use cases on the XRPL network. Major names such as JPMorgan, Mastercard, and Ondo have reportedly been involved in this move. Yet, the market appears to be reacting more to technical structure than to bullish headlines.  At the moment, traders are closely watching several key price levels. The $1.40–$1.41 range is currently acting as the primary support zone, while the $1.45–$1.47 area continues to cap upside attempts. Momentum weakened significantly following the rejection near $1.45, and thinner-than-usual liquidity conditions could lead

05-09

5 Cybersecurity Stocks Dominating May 2026: CrowdStrike, Datadog, and More

Fortinet delivered impressive results with $1.85B in revenue and 31% billing expansion; received BTIG upgrade to Buy with $125 price targetDatadog increased its 2026 revenue projection to $4.30B–$4.34B driven by robust cloud security adoptionCloudflare announced 20% workforce reduction; stock dropped over 15% even after surpassing earnings expectationsPalo Alto Networks received price target increase to $216 from BTIG based on positive channel feedbackCrowdStrike continues as a key name to monitor for AI-powered endpoint defense and vendor consolidation trends  May 2026 is seeing heightened focus on cybersecurity equities as artificial intelligence reshapes both cyber threats and defense mechanisms. These five companies are capturing significant investor interest throughout the month.  Fortinet  Fortinet delivered impressive quarterly results. The firm reported adjusted EPS of $0.82 alongside $1.85 billion in revenue, exceeding analyst projections.  Fortinet, Inc., FTNT  Billing figures climbed 31% compared to the previous year, reaching $2.09 billion. This performance alleviated concerns that artificial intelligence might negatively impact established security providers.  Strong performance came from network defense products, data center security for AI workloads, and protection against AI-enhanced ransomware attacks.  BTIG elevated the stock to Buy status with a $125 valuation target. The company currently maintains a consensus Hold designation from analysts, consisting of 1 strong buy, 6 buy, 24 hold, and

05-09

EasyPRwire Named Among the Best Press Release Distribution Services in the USA and UK for 2026

Texas / London, 8th May , 2026 – EasyPRwire, a fast-growing online press release distribution service, has emerged as one of thetop-rated press release distribution companies in the United States and United Kingdom, delivering unmatched value for businesses seeking powerful media outreach. The platform combines affordable pricing, widespread media syndication, and SEO-optimized press release distribution to help brands build authority, earn media coverage, and boost search engine visibility -all from a single, easy-to-use platform.  The Best Value Press Release Distribution Service in the USA & UK  EasyPRwire has quickly established itself as a trusted press release distribution platform for companies of all sizes -from early-stage startups to established enterprises. Unlike traditional newswire services that charge thousands of dollars per release, EasyPRwire delivers competitive press release distribution packages that reach major news outlets, Google News, finance sites, and hundreds of online media channels at a fraction of the cost.  The platforms press release syndication network spans thousands of media outlets across the US, UK, Australia, and beyond, making it one of the most geographically diverse press release distribution networks available today. Businesses targeting US media outlets, UK journalists, or international audiences can rely on EasyPRwire for guaranteed media placement and measurable results.  Key Features of

05-08

Aptos Foundation bets $50 mln on AI-powered financial infrastructure: Details

Aptos believes that the future of the on-chain market lies in capabilities that turn machines into default execution layers for AI and trading.  Aptos financial integration and its implications  Aptos massive investment positions the protocol as a major player in the race to modernize TradFi. Through an aggressive strategic combination of blockchain and AI, the investment could address issues that have historically affected traditional finance.  Some of these issues include fraud detection, effective settlement times, and operational efficiency, which could accelerate RWA tokenization.  The strong emphasis on compatibility creates a clear path, allowing traditional market players to adopt DeFi with ease and effectively. Equally, it shows a long-term roadmap focused on real-world utility rather than speculative activity, further boosting investor confidence.  Addressing the infrastructure gap, amid surging capital  In fact, Aptos claims markets and institutions have shown trust in the infrastructure. As a result, Real-World Assets (RWAs) tokenized on Aptos have reached $1.2 billion in value, reflecting growing integration between TradFi and DeFi.  Major institutions, including BlackRock, Franklin Templeton, Apollo Global, and other asset managers, have deployed on the Aptos network.  Coupled with that, the stablecoin usage on the network has grown significantly. The stablecoin market cap on Aptos has jumped 10x since 2024, reaching $1.9 billion.  Source: Artemis  At

05-08

CEE FX: Diverging guidance caps upside – ING

INGs Frantisek Taborsky reports that the Czech National Bank and National Bank of Poland kept rates unchanged but signalled different risk balances. He sees limited scope for further tightening in Czech Republic and a prolonged hold in Poland with conditional tightening risks. Without a clear hawkish catalyst, he expects CEE currencies to stay broadly range‑bound near current levels.  CNB dovish, NBP more cautious  “The Czech National Bank and the National Bank of Poland both left policy rates unchanged (3.50% and 3.75%, respectively), in line with expectations, but signalled diverging risks through their communication. In the Czech Republic, Governor Ales Michl struck a relatively dovish tone, emphasising a wait-and-see approach and arguing that policy is already sufficiently tight, with the Board willing to look through near-term supply-driven inflation pressures.”  “By contrast, in Poland, President Adam Glapiński highlighted rising upside risks, pointing to the phase-out of energy subsidies and returning food VAT as potential drivers of renewed inflation pressure in the second half of the year.”  “Across the region, recent FX stabilisation has been supported by improved global sentiment, but without a clear hawkish catalyst, further appreciation looks constrained, leaving currencies broadly range-bound near current levels.”  “From a market perspective, the contrast suggests limited scope for further

05-08

Stick Figure Track Becomes Target Of Viral AI Infringement

Artist fears about the theft of their copyrighted work through AI have rapidly become reality in the recording industry. The French streaming platform, Deezer, recently claimed that AI-generated content accounts for about 44 percent of its daily uploads – about 75,000 songs.  Now, the 2019 track by American reggae act Stick Figure, “Angels Above Me,” from the album, has been pirated in several unauthorized AI-generated remixes. The fraudulent versions are topping Apple Music charts in multiple countries across Europe including Germany, Austria, Belgium, Denmark, Switzerland, and Ireland. They have also become major streaming hits in Britain, America, and Canada, but the original artist and songwriters are uncredited and unpaid.  The Songs Concept  After being relatively dormant since its 2019 release, the streaming revival of “Angels Above Me” has even surprised Stick Figures leader and songwriter, Scott Woodruff: “I would have never imagined that first of all it would have been this song or having a resurgence in a viral way in in this fashion.” While on tour, he wrote the song with his friend T.J. ONeill who came up with the original concept in the midst of personal struggles.  Woodruff recalls that “It was one of those songs that just seemed to come out

05-08

Donald Trump Can Help Bitcoin Price Recover to New Highs, Binance CZ

Bitcoin  Donald Trump Can Help Bitcoin Price Recover to New Highs, Binance CZ  Binance founder Changpeng Zhao, CZ, has said stronger stock market performance could be “very positive” for Bitcoin and the wider crypto market, adding to the debate over how traditional financial markets now affect digital assets.  The comments were made during a with ARK Invest founder Cathie Wood. The conversation covered Bitcoins market cycle, the October 2025 crypto flash crash, institutional demand, and the role of broader macroeconomic conditions in shaping crypto prices.  CZ said that when stock markets perform well, investors often have more capital available and may diversify into crypto assets. His comments came as traders continued to watch Bitcoins recovery attempt after a sharp correction from its October 2025 peak.  CZ Links Stock Market Strength to Bitcoin Demand  CZ said improving equity market conditions under President Donald Trumps administration could support digital asset markets. He said strong can increase investor confidence and risk appetite, which may bring more capital into Bitcoin and other crypto assets.  Crypto markets have become more connected with traditional finance in recent years. Bitcoin, Ether and other major digital assets often respond to interest rate expectations, liquidity conditions, stock market trends and investor demand for risk assets.  The connection

05-08

Ethereum Price Prediction: Bitmine Is 6 Weeks From Its ETH Goal and May Stop Buying

Bitmine holds 4.29% of ETH supply and is buying 100,000 ETH weekly, putting its 5% accumulation target just six weeks away before purchases slowMid-tier whales holding 1,000 to 10,000 ETH have offloaded 3.43M ETH since October 2025, a 21.5% drop that creates a persistent supply overhangETH Supertrend support holds at $2,138 but the CMF at -0.13 shows capital is still leaving, not entering  Ethereum trades at $2,281 on May 9, stuck inside a rising wedge on the daily chart as Bitmine chairman Tom Lee signals the firm‘s historic ETH buying spree is weeks away from slowing, removing one of the market’s most consistent demand drivers.  Ethereum Daily Chart: Rising Wedge Meets a Stubborn Downtrend  The daily chart is at a crossroads. Since bottoming near $1,800 in February, ETH has been grinding higher inside a rising wedge, but the long-term descending trendline from the October 2025 peak near $4,800 continues to press down on price. The Supertrend indicator sits at $2,138, currently below price and technically bullish, but the Chaikin Money Flow at -0.13 tells a different story — capital is still leaving, not entering.  Price has repeatedly tested the $2,300 ceiling over April and May without a clean daily close above it. The wedge

05-08
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