In its first earnings report since its May IPO, Cerebras Systems (CBRS) is lower by 11% in after-hours trading after guiding to lower profit margins next quarter. First-quarter revenue nearly doubled from the year-ago level to $193.4 million, and the company’s adjusted net loss of $2.5 million beat analyst forecasts of $36.75 million. For the
Nouriel Roubini, the economist known as “Dr. Doom” for predicting the 2008 financial crisis and who later became one of crypto’s most vocal critics, is making his first move into blockchain-based finance. Roubini co-authored a whitepaper for USAFi, a tokenized investment product being developed by Atlas Capital Team, according to a Tuesday announcement. USAFi is
Crypto analyst Ali Martinez shared notable technical and on-chain levels for Bitcoin and Ethereum. According to Martinez, the $60,000 region is critical for maintaining the current trend in Bitcoin. The analyst noted that, according to on-chain data, more than 1.3 million $BTC changed hands between $60,000 and $63,000. Martinez emphasized that this region represents one
Bitcoin price has confirmed a bearish head-and-shoulders breakdown, putting the $60,000 support zone under pressure as traders react to easing Middle East tensions and persistent institutional selling. According to data from crypto.news, Bitcoin ($BTC) price dropped from an intraday high near $64,500 to a low of $61,990 on June 23 before stabilizing around the $62,000
Bitcoin is down more than 50% from its all-time high. Miners are shutting off machines. Capital that spent years flowing into crypto is chasing AI stocks instead. And the question being asked across every corner of the market right now is the same one it always is at moments like this: is it ever going
The two largest stablecoins shed supply over the past seven days, even as legislative tailwinds and a steady drumbeat of institutional partnerships pushed stablecoins to the front of the policy conversation. $USDC circulating supply fell 0.7% over the trailing week, from $75.08 billion to about $74.6 billion, per DefiLlama. Tether’s $USDT slipped 0.1% in the
A Challenge Built Over a Decade The puzzle did not begin as the massive bounty system it is today. Its earliest verified onchain origin is a Jan. 15, 2015, transaction that funded 256 outputs with rewards scaling from 0.001 $BTC to 0.256 $BTC, totaling 32.896 $BTC. A Bitcointalk thread opened Dec. 28, 2015, under the
Bitcoin price faces back-to-back tests this week, with May PCE coming out on Thursday at 8:30 a.m. EDT and more than $10 billion in Bitcoin options settling on Deribit at 08:00 UTC Friday in the quarterly expiry that closes the second quarter. Bitcoin is trading near $62,500 after a rough June that briefly pushed it
Robbie Mitchnick, the head of digital assets at BlackRock Inc. (NYSE: BLK), has warned that the Artificial Intelligence (AI) boom has been sucking the oxygen out of Bitcoin ($BTC). Mitchnick said that everything not tied to the AI trade, including Bitcoin, has struggled since the start of Q4 2025, according to an interview with Yahoo