TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

A $1.9 million settlement has been reached between Maine regulators and Bitcoin Depot, resolving a two-year investigation into scam losses related to the company's cryptocurrency kiosks. The agreement requires compensation for Maine residents affected by fraudulent transactions and grants the company a money transmitter license in the state.

PumpSwap, the trading arm of the Pump ecosystem, is experiencing a surge in trading volume on Solana's memecoin market. Despite the high trading volume, fee generation is not increasing significantly due to fast in-and-out churn in low fee pools and competition among Solana venues.

Ethereum's network is processing record transactions, but market sentiment remains lukewarm, with prediction traders favoring gold over the cryptocurrency. The surge in transactions is attributed to real-world asset tokenization and market recovery, boosting Ethereum's role as core financial infrastructure.

US Bitcoin and Ethereum ETFs have attracted over $1.5 billion in investments since January, with prices of the top cryptocurrencies surging. Despite a lackluster end to 2025, investors are showing renewed risk appetite, injecting millions into these funds in the first days of 2026.

Morgan Stanley has filed an S-1 with the U.S. SEC for a spot Bitcoin ETF named the Morgan Stanley Bitcoin Trust. The ETF will track Bitcoin's price, hold Bitcoin directly, and be passive in trading. Shares will be created and redeemed by authorized participants in large blocks.

Liquidity in crypto markets is expected to consolidate among fewer venues in 2026 due to new regulations and increased institutional involvement. Market participants emphasize the need for improved liquidity, tighter spreads, and better execution quality to sustain the growth of decentralized finance.

Bitcoin has surged to nearly $95,000, its highest level in six weeks, with flat perpetuals contract positioning. Despite a positive outlook, the options market indicates a shift towards more promising conditions, with a reduction in put skew and increased upside exposure through options trades.

Goldman Sachs analysts upgraded Coinbase to a "Buy" rating, citing new products enhancing competitiveness against rivals. The team raised the price target to $303, noting Coinbase's revenue growth potential and shift towards infrastructure businesses.

Ilya Lichtenstein, convicted for stealing over $11 billion in Bitcoin from Bitfinex, was released early from prison, crediting President Trump for the release. His wife, Heather Morgan, also thanked Trump for her early release. The White House did not confirm its involvement in securing Lichtenstein's release.

A dark web listing offers access to Kraken's internal customer dashboard, potentially exposing sensitive data of crypto exchange users. The authenticity of the listing is uncertain, as sellers may fabricate listings to deceive buyers or law enforcement.