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5/12
09:14
Svmuu reports that artificial intelligence chip manufacturer Cerebras is set to go public this week with an IPO valuation of $5.5 billion, which could bring OpenAI an unexpected windfall of over $5 billion. OpenAI's $20 billion capital commitment may result in it acquiring an 11% stake in the AI chip manufacturer Cerebras. (Jinshi)
09:13
Svmuu: According to a US Department of Defense official, the war with Iran has cost $29 billion. (Jin Shi)
09:12
Svmuu reported that privacy project Monero has released the graphical wallet software GUI version 0.18.5.0 "Fluorine Fermi". This update is a recommended upgrade version, primarily including numerous bug fixes and feature optimizations. Key highlights of this release include:
Migration of the P2Pool installation path to LocalAppData on Windows systems
Fix for an edge case in URI parsing
Prohibition of creating offline transactions in scenarios involving long payment IDs
Escaping untrusted text during QR code scanning to enhance security
Upgrade of P2Pool to v4.15
Numerous detail bug fixes and stability improvements
Monero officials stated that this version has been open-sourced on GitHub. Users can download and upgrade through official channels to obtain the latest security fixes and stability improvements.
09:10
Svmuu reports that SAP, Europe's largest software giant, has invested in the workflow automation platform n8n. This funding round directly doubled n8n's valuation to $5.2 billion, marking a significant move in SAP's continued expansion in the AI sector. Additionally, SAP has signed a multi-year cooperation agreement with n8n to embed its tools into SAP's own AI agent development platform, Joule Studio. The partnership was officially announced on Tuesday. (Bloomberg)
09:08
Svmuu Investment bank TD Cowen reiterated its "Buy" rating on Sharplink following its Q1 earnings report, maintaining a $16 price target, implying approximately 106% upside from the current share price of $7.76.
Sharplink's Q1 revenue exceeded $12 million. The company also announced the establishment of an approximately $125 million income fund in partnership with Galaxy Digital, with Sharplink contributing roughly $100 million. The fund will focus on DeFi and liquidity yield opportunities, targeting returns higher than base staking yields.
The analyst team believes the current share price is in a "favorable entry window," driven primarily by a persistent NAV discount and expanding Ethereum demand. Sharplink currently holds approximately 873,000 ETH (about $2 billion), translating to a net asset value (NAV) of roughly $9.68 per share, while the stock still trades at about a 20% discount to NAV. TD Cowen noted that the Galaxy partnership strengthens Sharplink's yield strategy, allowing it to maintain ETH exposure while improving capital efficiency through institutional-grade DeFi opportunities. (The Block)
09:08
Svmuu reports that Genius Group, a Nasdaq-listed bitcoin treasury company, has disclosed a strategic investment of $5 million in digital bank Jewel Bank, acquiring a 9.9% equity stake in the company. It is reported that Jewel Bank is developing a U.S. dollar stablecoin, JUSD, planned to be backed by a 1:1 reserve of cash and U.S. Treasury bonds, with a target launch in the second half of 2026. The bank will also launch a real-time settlement system and offer white-label banking and stablecoin infrastructure services for enterprises. Following this investment, Genius Group will enter the regulated digital banking and stablecoin issuance sector. (Globenewswire)
09:07
Svmuu reports that Bitfinex has announced it has obtained a Digital Asset Service Provider (DASP) license in El Salvador, further expanding its compliant business footprint in Latin America and completing full regulatory coverage for its business lines in the country.
Following this approval, Bitfinex's core spot trading platform has been brought under El Salvador's regulatory framework, forming a complete compliance structure alongside the previously licensed Bitfinex Securities and Bitfinex Derivatives, covering spot trading, derivatives, and tokenized securities businesses.
09:02
Svmuu News Market news: CME Group will launch an AI-enabled computing power futures market. It is reported that CME will partner with data and analytics firm Silicon Data to launch the first computing power futures. (Jin Shi)
09:01
Svmuureports that AI character economy platform Charms Interactive has announced the completion of a $1.5 million pre-seed funding round, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), and others. Charms has simultaneously launched its product, Charms.ai, aiming to upgrade "AI characters" from application features to tradable, ownable, and sustainable on-chain economic assets. (Decrypt)
08:52
Svmuureports that “Fed Whisperer” Nick Timiraos commented on the US CPI data, stating that the optimistic narrative about inflation has been that the recent price increases are driven by tariffs (which would be reflected in goods), and therefore, this increase would not be sustainable since tariffs will not continue to rise year after year. Looking solely at the April CPI data, this narrative does not hold up.
Housing costs rose by 0.6% (some rebound was expected to make up for the low data during the government shutdown). However, core services excluding housing rose by 0.45%, marking the third-highest monthly increase since January 2025. On a 12-month basis, the 3.3% year-over-year increase is the highest since February 2025. Core goods prices rose by 0.03% in the month (up 1.13% year-over-year). (Jin Shi)
08:51
Svmuureports that the latest U.S. inflation data came in higher than expected, weakening the market's expectations for the Federal Reserve to cut interest rates this year and triggering a broad pullback in risk assets. Following the data release, the market now expects the Fed to keep the federal funds rate at 3.50%–3.75% at its June 17 meeting, possibly maintaining that level through the end of the year.
Influenced by the data, Bitcoin fell in the short term, trading around $80,700–$80,814, with a 24-hour decline of approximately 1.2%. U.S. stock index futures also weakened, while the yield on the 10-year U.S. Treasury note rose to 4.44%. Among commodities, WTI crude oil climbed about 3% to $101 per barrel, further fueling concerns over persistent inflation.
Analysts point out that against the backdrop of higher-than-expected inflation and strengthening energy prices, short-term market risk appetite has been suppressed. Both crypto assets and equity markets are facing repricing pressure. (CoinDesk)
08:50
According to Svmuu, AI startup White Circle has completed an $11 million seed funding round, with participation from Romain Huet of OpenAI, Durk Kingma of Anthropic, and several other executives from prominent AI companies. The company provides a unified API for real-time monitoring of large model inputs and outputs, used to detect hallucinations, prompt injection attacks, harmful content, model drift, and malicious user behavior. It also supports custom security policies (such as rate limiting and banning) and automated governance. (Techfundingnews)
08:47
Svmuureports that Bernstein has reiterated its "Outperform" rating on Figure Technology Solutions (FIGR) and maintained a price target of $67, implying approximately 72% upside from the current share price of $38.97.
Figure posted strong Q1 2026 results: loan origination volume reached $2.9 billion, up 113% year-over-year; adjusted revenue was $167 million, surpassing market expectations by 6% and up 92% year-over-year; adjusted EBITDA was $82.7 million, with a margin of approximately 50%, slightly above market consensus. However, GAAP diluted EPS was $0.18, missing expectations by about 9%, primarily impacted by $26 million in stock-based compensation expenses.
Bernstein analysts believe this performance should reshape market perception of Figure, viewing it not as a traditional credit company, but as a "tokenization-driven capital markets platform." Core profitability stems from network fees and operational leverage from scaling, and the valuation framework remains based on 25x 2027 EBITDA. Additionally, the tokenization ecosystem continues to expand: the yield-bearing security token YLDS reached $598 million (up 80% quarter-over-quarter); the stock lending product balance stood at $368 million (up 79%); and the small business loan segment contributed $60 million in revenue.
Figure's current share price remains not far from its 2025 IPO offering price of $36, but still significantly below its all-time high of $78. (The Block)
08:44
Svmuu News: US Secretary of Defense Pete Hegseth stated that if necessary, we have a plan to escalate the situation with Iran. (Jin Shi)
08:38
Svmuu Strategy has announced it will hold a Q&A session for retail investors at 17:00 Eastern Time tomorrow. The event will be hosted by Nat Brunell, with Strategy founder Michael Saylor and CEO Phong Le in attendance to discuss the company's strategy, Bitcoin holdings, and related business developments with investors. This Q&A may be seen as a key communication window for the market to gauge Strategy's digital asset strategy and capital market movements.
08:38
Svmuu, Nasdaq-listed Solana ecosystem treasury company SOL Strategies today announced the appointment of Jon Matonis as Chairman of the Board. Jon Matonis is one of the founding directors of the Bitcoin Foundation and a long-time advocate for financial privacy, bringing decades of industry experience.
08:36
According to data from the U.S. Bureau of Labor Statistics, the seasonally adjusted energy inflation rate in the U.S. rose by 3.8% month-over-month in April, compared to a 10.9% increase in March. Among the components, energy commodity inflation increased by 5.6% month-over-month, down from 21.3% previously; gasoline inflation rose by 5.4% month-over-month, down from 21.2% previously; and fuel oil inflation increased by 5.8% month-over-month, down from 30.7% previously. On an unadjusted year-over-year basis, energy inflation in April was 17.9%, up from 12.5% in March. Specifically, energy commodity inflation rose by 29.2% year-over-year, gasoline inflation increased by 28.4% year-over-year, and fuel oil inflation surged by 54.3% year-over-year. (Jin10)
08:35
Svmuu reports that although Bitcoin has retraced approximately 2.5% from its local high of $82,800 on May 6, market analysts widely believe its overall uptrend structure remains intact, and it has re-entered the "full bull market momentum" zone. Swiss wealth management firm Swissblock points out that Bitcoin has re-entered a price expansion zone, with the Bull Market Support Band turning into support. The 21-week EMA has crossed back above the 20-week SMA, shifting the trend structure back to bullish.
Bitcoin is currently consolidating around the $80,000 level, where the "Realized Market Mean" and the short-term holder cost basis form key support, while the realized price near $85,000 represents overhead resistance. Spot buying pressure driven by whales and institutions is strengthening, while the proportion of speculative derivatives activity is declining. Historically, similar structural setups have often corresponded to sustainable uptrends. If this indicator remains persistently positive, it could further propel Bitcoin's upward cycle.
On the liquidity front, the Stablecoin Supply Ratio (SSR) has rebounded from historical lows into a critical range, indicating stablecoin capital is flowing back into the market. This signal previously corresponded to阶段性底部反弹 (significant bottom bounces) in mid-2021, 2022, and mid-2023.
Meanwhile, Binance's Stablecoin Supply Ratio Oscillator (SSR Oscillator) has risen to 2.8, hitting a 12-month high, demonstrating a notable increase in stablecoin purchasing power. On-chain activity is also strengthening. Bitcoin's daily transaction volume increased by 116% in May to 831,400 transactions, a 20-month high; the number of active addresses grew 7.1% week-over-week to 707,700; and total fees rose 37% to $279,300, indicating significantly heightened network usage activity. Regarding capital structure, the 90-day spot Taker CVD has turned consistently positive, suggesting spot buying is dominating the market. Glassnode data shows this indicator has further increased to $62 million compared to a week earlier, reflecting a strengthening of active buying sentiment in the market.
In summary, price structure, liquidity indicators, and on-chain demand all indicate that Bitcoin remains in a "strong trend expansion phase," with the bull market momentum not yet exhausted. (Cointelegraph)
08:32
According to Gate data, after the US CPI report was released, spot gold briefly edged higher before falling, with a fluctuation range of about $10; the US Dollar Index (DXY) briefly rose about 5 points.
08:31
Svmuu reported that Coincheck Group, a Nasdaq-listed company, announced a strategic investment and business cooperation agreement with Japanese telecom giant KDDI Corporation. KDDI will subscribe to 28,536,516 newly issued common shares of Coincheck Group at a price of $2.28 per share, with a total transaction value of approximately $65 million. JPMorgan served as financial advisor, and De Brauw Blackstone Westbroek and Simpson Thacher & Bartlett LLP served as legal advisors. It is reported that the two parties will collaborate on expanding the digital asset market, including revenue sharing and referral incentive mechanisms. (Businesswire)

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