Crypto News

Progress in Iran Talks Undercut Over Uranium, Hormuz Tolls - Progress in Iran Talks Undercut Over Uranium, Hormuz Tolls The outlook had appeared more positive after that, when Iran suggested differences were narrowing with the US over a 14-point text from several weeks ago. That proposal essentially suggested a short-term deal that would see Iran reopen the Strait of Hormuz and the US lift a blockade of Iranian ports, with the warring sides then going into deeper negotiations over Tehran’s nuclear program. Iran gave no indication of when it would formally answer the US. The Iranian foreign ministry reiterated it wants a commitment that fighting will end “on all fronts, including Lebanon.” It also called for the unfreezing of...

SpaceX's biggest IPO risks are also its bull case - SpaceX's biggest IPO risks are also its bull case SpaceX’s recast financials now include xAI and X, adding $3.2 billion in 2025 AI revenue — along with a $6.4 billion operating loss and $12.7 billion in capital expenditures. The filing says the company expects major spending on GPUs, data centers, and supporting infrastructure. This ties another major growth bet to outside suppliers, power needs, and a build-out that must happen before the model is fully proven. The final trade-off is Musk himself The IPO may finally give investors a piece of SpaceX, but not much control. Musk’s Class B stock gets 10 votes per share, and his voting power remains a central feature of the offering...

Deel Adds Stablecoin Salary Payouts - Deel Adds Stablecoin Salary Payouts Deel, a global payroll, compliance, and HR company, is stepping into the world of cryptocurrency by offering stablecoin salary payouts. This move is part of Deel's broader strategy to cater to clients in the digital asset space who are looking for flexible payment options. By integrating stablecoin payments, Deel provides a solution for remote teams spread across various countries, especially in regions with unstable currencies. This option gives employees the ability to receive their salaries in reliable, digital currencies, reducing the impact of local currency volatility. Stablecoins are cryptocurrencies that are pegged to the value of traditional fiat...

Bitcoin, Ethereum, XRP, Dogecoin Move Sideways: Analyst Says Middle East Ceasefire 'Best Trigger' For Crypto Market Strength - BTC Miners Not Pricing In A Bottom Yet? Blockchain analytics firm CryptoQuant noted that while Bitcoin miners are reducing their reserves, they are not "selling aggressively" compared to historical averages. "This type of behavior is often seen near market bottom formations. That suggests miners still do not believe Bitcoin has fully entered a true bottom zone yet," CryptoQuant added. Widely followed cryptocurrency analyst and trader Michaël van de Poppe said that a Middle East ceasefire would be the "best trigger for strength" on the cryptocurrency market. Van De Poppe stated that a ceasefire would ease...

Prime Trust bankruptcy estate sued Strike over alleged $13.8 million and 1,758 BTC in transfers - Prime Trust Bankruptcy Estate Sued Strike Over Alleged $13.8 Million and 1,758 BTC in Transfers The case is styled PCT Litigation Trust v. Zap Solutions, Inc. d/b/a Strike, filed in the United States Bankruptcy Court for the District of Delaware, Case No. 23-11161 (JKS). Blockspace has reached out for comment to Zap Solutions. Check back for updates. This article has been published in blockspace.media via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/prime-trust-bankruptcy-estate-sued-133310046.html

Stock market today: S&P 500, Nasdaq fall as oil prices rise on Iran peace talk doubts - Stock market today: S&P 500, Nasdaq fall as oil prices rise on Iran peace talk doubts The stock market experienced a downturn as the S&P 500 and Nasdaq both fell, driven by rising oil prices amid skepticism over potential peace talks involving Iran. The geopolitical tensions affecting oil prices have led to upward pressure, contributing to market volatility. The S&P 500 and Nasdaq, as benchmarks for American equities, reflected these uncertainties, while investors remained cautious about future developments. The broader implications of fluctuating oil prices can be seen across various sectors, with energy stocks typically benefiting from higher...

Walmart stock falls on cautious earnings outlook as gas prices hit consumers' wallets - Walmart Stock Falls on Cautious Earnings Outlook as Gas Prices Hit Consumers' Wallets The company reiterated its full-year fiscal outlook, which had disappointed Wall Street in the previous quarter. Typically, the company waits until the second quarter to update its guidance, Deutsche Bank analyst Krisztina Katai said. Rainey called out “hundreds of millions of dollars of pressure from higher fuel prices” as a key reason. For fiscal year 2027, Walmart forecast revenue to increase by 3.5%-4.5% and adjusted earnings of $2.75-$2.85. That guidance was conservative compared with the nearly 5% growth Wall Street predicted, as gas and diesel prices...

Bond markets are not so subtly telling the Fed that rates aren't high enough - "Inflation is too high,” Paulson said, noting that even before the conflict in the Middle East and the recent spike in oil and gas prices, inflation was elevated. She sees holding rates steady — for an extended period if needed — and tightening if necessary. Paulson said the only path to cutting rates is if inflation were coming down. “Monetary policy is in a good place now … policy is mildly restrictive, and that restrictiveness is helping to keep the effects of both tariffs and the price increases associated with the conflict in the Middle East in check,” she said. Paulson, a voting member on the FOMC this year, is emblematic of a central bank that’s...

Stock market today: Dow, S&P 500, Nasdaq futures fall after Iranian supreme leader says enriched uranium must stay in country - Stock market today: Dow, S&P 500, Nasdaq futures fall after Iranian supreme leader says enriched uranium must stay in country In a development impacting global markets, the Dow, S&P 500, and Nasdaq futures experienced a significant drop following statements from Iran's supreme leader. The leader emphasized that Iran's enriched uranium would remain within the country, a position that has sparked geopolitical concerns. Global investors are closely watching these developments, as the tensions surrounding Iran's nuclear ambitions continue to evolve. The market's response reflects worries about potential...

4 important takeaways from Nvidia's earnings - Nvidia boosted cash returns to investors Lastly, Nvidia’s board approved an increase to its quarterly dividend from $0.01 per share to $0.25 per share as well as an $80 billion share buyback plan. As Yahoo Finance’s Brian Sozzi reported previously, investors were looking for a boost to Nvidia’s cash returns, which brings the company more in line with its Big Tech peers and could attract new investors to the stock. “They're going to probably be able to return a lot more of that back to shareholders, especially as they are potentially doing less in terms of investments in maybe other companies out there,” CFRA Research senior vice president Angelo Zino told Yahoo Finance. “I think that...

Japan’s Ruling Party Pushes On-Chain Finance Plan to Protect Yen - Japan’s Ruling Party Pushes On-Chain Finance Plan to Protect Yen Such a shift could also have broader implications for Japan’s financial system. Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings Stablecoins could serve as “a programmable layer for money movement and liquidity distribution” in Japan, increasing “settlement velocity” and giving banks a new channel for monetary policy transmission after decades of near-zero rates, Al Qureshi, CEO and co-founder at Black Lake, told Decrypt. Japan’s banking and corporate ties could help adoption if major institutions move together, Qureshi said, pointing out how execution remains a...

SpaceX Reveals $1 Billion Bitcoin Holdings Ahead Of Historic IPO — Here's How Much The Elon Musk-Led Company Paid For Its Coins - SpaceX Reveals $1 Billion Bitcoin Holdings Ahead Of Historic IPO SpaceX, led by Elon Musk, has disclosed its possession of $1 billion worth of Bitcoin as the company gears up for what is anticipated to be a landmark Initial Public Offering (IPO). This revelation has sparked significant interest in the financial markets, adding another chapter to Musk's complex relationship with cryptocurrency. Since entering the cryptocurrency market, SpaceX has reportedly made substantial Bitcoin transactions. Earlier reports revealed that the company initiated a $133 million Bitcoin transfer, showcasing the scale of its...

Riot Platforms Links Bitcoin Mining With AI Data Center Growth - Riot Platforms Links Bitcoin Mining With AI Data Center Growth Companies discussed in this article include RIOT. This article has been published in simplywall.st via Yahoo News. https://finance.yahoo.com/markets/stocks/articles/riot-platforms-links-bitcoin-mining-002846062.html

Worldwide NFT Announces New Control Owner and Corporate Recapitalization (WNFT) - Worldwide NFT Announces New Control Owner and Corporate Recapitalization (WNFT) The stock is expected to temporarily trade under the ticker symbol WNFTD for approximately 20 business days before reverting back to WNFT. Why This Matters For Investors The announcement is significant because it marks a major strategic shift for Worldwide NFT away from its prior corporate positioning and toward a broader acquisition-oriented holding company model. Leadership transitions combined with recapitalizations and reverse stock splits often attract investor attention in OTC-listed companies, particularly when accompanied by plans for acquisitions or uplisting...

Stock market today: Dow jumps 600 points, S&P 500 and Nasdaq rally as oil falls in countdown to Nvidia earnings - Stock market today: Dow jumps 600 points, S&P 500 and Nasdaq rally as oil falls in countdown to Nvidia earnings The stock market surged Wednesday, with the Dow Jones Industrial Average climbing 600 points, as investors cheered a drop in oil prices and awaited Nvidia's latest earnings report. The S&P 500 and Nasdaq Composite also posted significant gains. Oil prices slipped sharply during the session, providing a boost to equities. This came amid optimistic sentiment surrounding talks between world powers over Iran's nuclear program, which could lead to increased oil supply. Nvidia Earnings on the Horizon Investors are...

Nvidia tops Q1 estimates, offers upbeat outlook on strong chip sales - Nvidia tops Q1 estimates, offers upbeat outlook on strong chip sales Nvidia reported its fiscal first-quarter earnings, which topped analysts' estimates and provided an optimistic outlook on the back of strong chip sales. The company's Q1 earnings per share stood at $1.09, surpassing the expected $0.92. Revenue reached $5.66 billion, beating the forecast of $5.41 billion. The robust performance is largely driven by the demand for Nvidia’s advanced chips, which are increasingly being used in data centers and gaming consoles. Nvidia's outlook for the current quarter is also encouraging, as it anticipates revenue of approximately $6.30 billion, plus or minus 2%...

Intel, Micron, and other semiconductor stocks extend bounce ahead of Nvidia earnings - Intel, Micron, and Other Semiconductor Stocks Extend Bounce Ahead of Nvidia Earnings Shares of semiconductor companies, including Intel and Micron, have continued their upward trajectory as investors anticipate the upcoming earnings report from Nvidia. This rally comes amid optimism regarding the potential growth and innovation in the semiconductor industry. The momentum in the semiconductor sector has been fueled by increasing demand for chips across various industries, such as automotive, artificial intelligence, and data centers. Analysts are closely monitoring Nvidia's earnings, expecting them to provide insight into the industry's health and...

Nvidia to report Q1 earnings as chip competition grows - Nvidia to Report Q1 Earnings as Chip Competition Grows Of that $72.85 billion, $60.53 billion is expected to come from computing, while the remaining $12.45 billion will come from Nvidia’s networking segment. The company’s gaming business will generate $3.64 billion, down 3.26%. Nvidia has also announced several new products in Q1 as part of its GTC event in March, including its Groq 3 language processing unit (LPU) and CPU-only server. Huang also said at the time that he sees $1 trillion in sales of its Grace Blackwell and Vera Rubin chips. This article has been published in yahoo.com via Yahoo News...

Stock market today: Dow, S&P 500, Nasdaq gain as oil prices fall, bond sell-off eases - Stock market today: Dow, S&P 500, Nasdaq gain as oil prices fall, bond sell-off eases U.S. stocks rose on Friday as bond yields pulled back from multiyear highs and energy stocks slipped along with oil prices. The S&P 500, which jumped 1.3%, was on track for its largest weekly gain since late March. The Nasdaq Composite rallied almost 2%, and the Dow Jones Industrial Average advanced around 1%. The yield on the 10-year Treasury note slipped below 3.90% after hitting its highest level since 2008 earlier this week. Yields fall as bond prices rise. The decline in yields provided some relief to technology stocks and other high-growth names that had...

The AI bots are coming and the young are booing, not applauding - The AI bots are coming and the young are booing, not applauding. The data did show that positive views of AI increased with the level of usage and decreased amongst those who used it less. The Rise of Discontent Schmidt's frosty reception followed other recent shows of anger at AI. At the University of Central Florida on May 8, a real estate executive Gloria Caulfield was similarly heckled and booed over a commencement speech on AI. "The rise of artificial intelligence is the next industrial revolution," she said as boos rang out, catching her off guard. "What happened? OK, I struck a chord... Only a few years ago AI was not a factor in our lives." The room burst out...