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

Ethereum's treasury firm, BitMine, has been aggressively acquiring ETH, adding over 138,452 ETH last week. With a total of 3.864 million ETH, BitMine aims to hold 5% of the circulating supply. Tom Lee believes Ethereum has hit its bottom and is optimistic about its future growth.

Wallets linked to Silk Road and Ross Ulbricht, once holding 442,000 BTC, have been active after five years, transferring millions to a new address. Despite being reduced to 416 BTC worth $38.25 million, these wallets have grown in value due to Bitcoin's rise.

American Bitcoin Corp. (ABTC), co-founded by Eric Trump, acquired 416 Bitcoin, increasing its total reserve to 4,783 BTC. ABTC's Satoshis Per Share (SPS) rose by over 17% in a month. ProCap Financial (BRR) added 49 Bitcoin, reaching 5,000 coins post-merger.

An investigation by Solidus Labs reveals a Telegram group named "PumpCell" manipulating micro-cap tokens on Solana and BNB Chain through coordinated pump-and-dump schemes. The group orchestrates synchronized token deployments, bot-driven buying, fabricated hype campaigns, and timed exits to exploit retail traders.

Inflows into U.S. spot exchange-traded funds are increasing, with Ethereum ETFs hitting a six-week high of $177.64 million, surpassing Bitcoin ETFs. Solana and XRP also saw notable netflows, indicating a shift in investor sentiment towards altcoins.

Cathie Wood of Ark Invest believes that Bitcoin's four-year cycle may be disrupted due to increased institutional interest, leading to decreased volatility and potentially preventing significant declines. She also argues that Bitcoin is now functioning more as a "risk-on asset" rather than a "risk-off asset."

Superstate has introduced the Direct Issuance Program, enabling SEC-registered companies to issue tokenized shares on Ethereum and Solana. This initiative aims to streamline capital raising by offering instant tokenized equity sales for stablecoins.

Twenty One Capital, trading as XXI on the NYSE, merged with Cantor Equity Partners, holding over 43,000 BTC worth nearly $4 billion. Despite a sharp debut sell-off, the company aims to develop financial products around Bitcoin.

Strive arranged a $500 million at-the-market offering for its Variable Rate Series A Perpetual Preferred Stock (SATA) to fund further bitcoin purchases. SATA pays a 12% dividend and trades below its $100 par value, allowing quick fund raising.

Binance co-CEO Yi He's WeChat account was hacked to promote a memecoin, leading to a pump-and-dump scheme. The attackers used the compromised account to endorse the coin, resulting in a surge in trading volume and price on decentralized exchanges.