Tech giants double down on AI as earnings reveal growth gains and rising costs

Four of the Magnificent Seven (Mag 7) tech giants are still on track to meet their massive artificial intelligence (AI) spending targets this year, according to their earnings report.  The companies that have reported quarterly earnings post-market on Wednesday are Microsoft (MSFT), Alphabet (GOOG), Meta (META) and Amazon (AMZ), with a combined market cap of approximately $12 trillion.  Previously, an analysis by Bridgewater Associates flagged that the four companies are expected to spend roughly $650 billion together on AI infrastructure in 2026. While most of them didnt break out their AI spending in their latest earnings, they seem on track to continue their spending spree in the sector.  The investment has significant implications for the digital asset sector, particularly for bitcoin miners, who are increasingly pivoting away from mining toward hosting computers for AI as part of their revenue diversification strategy. The bitcoin miners already have data centers ready and powered up to host a massive amount of machines that are needed for AI computing. Facing a margin squeeze from lower bitcoin prices and increased competition, miners have started lending their data centers to AI firms to diversify their revenue streams.  AI-linked bitcoin mining stocks with exposure to hyperscaler infrastructure deals include IREN (IREN),

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Putin meets Irans FM, complicating US-Iran diplomatic prospects

Bitcoin Ethereum News  Putin met Irans Foreign Minister Abbas Araghchi in St. Petersburg, and the probability of no US-Iran diplomatic meeting by June 30 has jumped to 31% YES, up from 16% a day ago.  Market reaction  The Putin-Araghchi meeting has traders reassessing the likelihood of near-term US-Iran talks. The 31% YES odds nearly doubled from 16% yesterday. The order book is thin, with just $603 needed to move the price 5 points, which leaves room for sharp swings. Volume on the “no meeting” market is $3,252 in USDC traded over the last 24 hours, and the largest recent move was a 3-point drop.  Why it matters  Russia‘s direct engagement with Iran’s top diplomat reduces Iran‘s incentive to pursue talks with the US. The odds for a US-Iran diplomatic meeting in locations like Oman or Switzerland have stayed flat at 31% YES. Russia backing Iran changes the diplomatic math: if Tehran feels it has Moscow’s support, agreeing to US-led negotiations becomes less attractive.  What to watch  A YES share at 31¢ pays $1 if no US-Iran meeting occurs by June 30, a 3.23x return. Key triggers: any statements from Araghchi about willingness to engage with Washington, and whether the US responds with a new proposal or intermediary

04-30

LINK Price Prediction: Sideways Action Until Key Breakout Levels Emerge

Current Market Position  Chainlink finds itself in a consolidation phase with momentum indicators showing neither strong bullish nor bearish conviction. The token has been trading within a defined range as market participants wait for clearer directional signals to emerge.  Technical analysis reveals a market in equilibrium, with price action compressed between key support and resistance zones. Volume patterns suggest accumulation rather than distribution, though confirmation through price movement remains pending.  Technical Structure Analysis  The current setup presents a classic compression pattern where price has been grinding sideways between established boundaries. Moving averages show convergence, indicating the market is searching for its next directional move.  Momentum oscillators remain in neutral territory, neither oversold nor overbought, creating conditions where breakouts in either direction could gain traction quickly. The lack of clear momentum bias makes position sizing and risk management particularly important for traders.  Support levels below current price action provide potential downside targets, while overhead resistance zones mark the levels that bulls need to reclaim for any sustained upward movement. According to analysts at Blockchain.news, these technical levels will likely determine the tokens near-term trajectory.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full LINK price, calculator & analysis  Market Sentiment

04-30

Mezo Unveils Institutional Bitcoin Yield Vaults With Anchorage Digital and Bullish

Mezo Prime is intended for businesses that own Bitcoin but have few ways to use it.Bitcoin kept in an Enclave may be used as collateral to borrow MUSD, Mezos stablecoin backed by Bitcoin, or locked as veBTC to earn protocol fees.  Mezo Prime, a product intended to provide institutional investors and corporate treasuries access to Bitcoin yield and lending on Mezo, was introduced today by Mezo, a Bitcoin-native finance platform. Bullish is a key go-to-market client for the product, which is developed in collaboration with Anchorage Digital Bank, the nations first federally licensed digital asset bank.  Mezo Prime: Segregated Vaults, Qualified Custody, Real Protocol Yield  Mezo Prime is intended for businesses that own Bitcoin but have few ways to use it. Up until now, corporate treasuries and institutional holders have mostly had to decide between depending on arrangements that dont satisfy their needs for risk management, control, and reporting, or leaving Bitcoin idle in custody. Mezo Prime is designed to bridge that gap.  “Over a million Bitcoin sits on corporate balance sheets today, and almost none of it is working,” said Matt Luongo, co-founder of Mezo and CEO of Thesis. “Mezo Prime changes that. Segregated custody through Anchorage Digital Bank, no rehypothecation, real yield

04-30

Japanese Yen flat lines after Fed holds rates, Japan warns on speculative moves

Finance  Japanese Yen flat lines after Fed holds rates, Japan warns on speculative moves  The USD/JPY pair steadies near a 21-month high of around 160.45 during the early European trading hours on Thursday. Traders prefer to wait on the sidelines as Japanese authorities are on high alert for intervention after the Japanese Yen (JPY) breached the psychological level.  The US Federal Reserve (Fed) kept the benchmark interest rate steady in a range between 3.50% and 3.75% at the April policy meeting on Wednesday. The Feds 8–4 decision to leave the rate unchanged was its most divided since 1992, drawing three dissents from officials who no longer think the bank should communicate a bias towards easing.  During the press conference, Fed Chair Jerome Powell warned that near-term inflation expectations are rising, adding that he would stay on the Board of Governors for an indefinite period, even after his chairmanship ends. A hawkish Fed holding rates could provide some support to the Greenback against the JPY.  The preliminary reading of the US Gross Domestic Product (GDP) for the first quarter (Q1) and the Personal Consumption Expenditures (PCE) Price Index inflation report for March will be the highlights later on Thursday.  On the other hand, potential intervention threats from

04-30

PU Prime Bridges the Gap Between Knowledge and Success with Launch of Interactive “PU Community” Platform

Finance  PU Prime Bridges the Gap Between Knowledge and Success with Launch of Interactive “PU Community” Platform  PU Prime, a global multi-licensed online brokerage, announced the launch of the PU Community, an all-in-one ecosystem designed to transform retail trading from a solitary, high-risk activity into a collaborative and guided professional journey. To celebrate the rollout, PU Prime is hosting a series of engagement initiatives throughout May and June, offering early-bird participants opportunities to earn exclusive rewards, branded merchandise, and trading vouchers as they begin their journey within the ecosystem.  In an era of information overload, most retail traders face a significant gap: not in access to data, but in the lack of structure, judgment, and guidance. The companys research indicates that a vast majority of retail traders struggle due to inconsistent mentorship and the absence of practical learning environments. The PU Community is built specifically to address these pain points by offering a transparent ecosystem that prioritizes risk management and disciplined growth over market hype.  “The most common challenge I see for traders today isn‘t a lack of information, it’s the absence of a clear, actionable path through the noise,” said Ahmed Yousre, Global Market Strategist at PU Prime. “With the launch of PU

04-30

XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy

The shares of Twenty One Capital (XXI), the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy.  Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote its shares in favor of combining XXI with Strike, a global bitcoin financial services company founded by Jack Mallers and Elektron Energy, according to a press release. Mallers is also the CEO of XXI.  “If completed, these transactions would position XXI to become the premier listed Bitcoin company in the world: a public company that combines Bitcoin treasury, mining, financial services, lending, capital markets, and strategic consolidation into one integrated platform,” according to the press release.  No terms of timelines were disclosed for the merger.  Led by Raphael Zagury, Elektron Energy manages approximately 5% of the current bitcoin networks computing power with all-in production costs below $60,000 per bitcoin.  Tether also proposed that Zagury serve as President of the combined entity, pairing his mining and capital markets experience with Mallers product and consumer bitcoin leadership.  XXI went public in December of last year through a SPAC merger with Cantor Equity Partners. The company entered the market as a bitcoin

04-30

Trump orders extended Iran blockade to force nuclear concessions

Bitcoin Ethereum News  President Trump has instructed aides to prepare for an extended blockade of Iran, aiming to force nuclear concessions. Odds on the Hormuz blockade lifting by May 31 have dropped to 43.5% YES, down from 60% just 24 hours ago.  Market reaction  The Hormuz blockade market is trading at $134,629 in daily USDC volume, with $17,388 needed to move the price 5 points — moderate liquidity where significant capital can shift short-term prices. The largest recent move was a 5-point drop at 1:33 AM as traders priced in the blockade extension news. The Iran leadership change by December 31 market is now more directly in play, with analysis projecting a 15% increase in odds based on the extended pressure campaign.  Why it matters  The shift from a temporary blockade to an extended one changes the calculus on both markets. Choking Irans oil exports over a longer timeline compounds financial strain on the regime, raising the probability of internal leadership challenges. At the same time, an extended blockade makes a quick resolution by May 31 far less plausible, which explains the 16.5-percentage-point drop in YES odds on the Hormuz market within a single day.  What to watch  CENTCOM operational updates and any public statements from Trump

04-30

UNI Price Prediction: $6.29 Breakout Target as Smart Money Goes 91% Long

Market Dynamics: The Whale Accumulation Story  UNI sits at a critical inflection point around $3.29, where institutional buyers are quietly building positions while retail sentiment remains mixed. The tokens modest 2.55% daily gain masks significant positioning shifts beneath the surface – professional traders are running heavily long while maintaining disciplined risk management.  Trading volume on major exchanges shows sustained interest at $6.6 million on Binance alone, suggesting institutional participation rather than speculative retail flows. This type of controlled accumulation typically precedes major directional moves, and analysts at Blockchain.news have identified similar setups that delivered substantial returns in previous cycles.  The DeFi sector is experiencing renewed institutional interest, with Uniswap maintaining its position as the dominant decentralized exchange protocol. This fundamental strength provides a solid foundation for technical breakout attempts.  Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.  Full UNI price, calculator & analysis  Technical Setup: Coiled Spring Formation  UNIs current position reveals a market in equilibrium, with momentum indicators suggesting energy is building for the next significant move. The RSI reading of 49.65 shows neither overbought nor oversold conditions, while price action near the 20-day moving average at $3.25 indicates healthy consolidation rather than weakness.  The MACD histogram

04-30

Meta Begins Stablecoin Payouts to Select Creators in Colombia and Philippines

Tech giantMeta has begun stablecoin payouts to select creators. This signals a cautious return after its earlier high-profile retreat from the stablecoin sector.  The feature is currently limited to a select group of creators in Colombia and the Philippines. Eligible users can receive payments in USDC through supported crypto wallets on the Solana and Polygon blockchain networks.  Meta Selects USDC for Stablecoin Payouts  To access the service, creators must link a cryptocurrency wallet to the payout system. Notably, Meta does not offer built-in conversion services to local currencies, meaning recipients will need to rely on external platforms to convert their USDC to fiat if needed.  Meta has also teamed up with Stripe to handle certain crypto-related tax reporting requirements for stablecoin payouts.  “As stablecoin payments involve digital assets, you may also receive specific crypto-related reporting directly from Stripe. We recommend keeping both your Meta payment history and your Stripe records for your tax filings,” the webpage reads.  The launch tracks earlier reports that Meta planned to re-enter stablecoins this year. The plan was always to use third-party integration rather than launch a proprietary token. Stripe was widely flagged as the leading integration partner.  Meanwhile, both networks chosen for the rollout publicly endorsed the integration. Polygon Labs CEO

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