The company rebranded to IREN in November 2024, signaling the strategic reset. It has since secured a Microsoft GPU contract, acquired enterprise cloud firm Mirantis, and now just landed a 5-gigawatt ...
Nikkei 225 Forecast: AI Momentum and 60,000 Breakout Point to More Upside
The Nikkei 225 hit record highs after Japan’s Golden Week closure as SoftBank and semiconductor stocks surged on the global AI rally, while the breakout above 60,000 keeps 65,000 in focus.
Crypto thief sentenced to federal prison after lavish spending spree
U.S. Department of Justice warns crypto crime is no longer happening safely behind a screen.
Japan’s SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports
May 8 (Reuters) - SoftBank Corp has begun discussions with U.S. chip giant Nvidia and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial intelligence ...
Another crypto company dumps Bitcoin amid price crash
The price crash has forced several crypto companies to dump Bitcoin. Mining companies like Core Scientific are already pivoting to AI because of their ready infrastructure. Even MicroStrategy (Nasdaq: ...
Bitcoin Price Surge Incoming? Tom Lee Says ‘Crypto Spring’ Is Here Amid 2027 ‘Biggest Rally Ever’ Prediction
Tom Lee says a new “crypto spring” may be underway. Lee ties crypto optimism to the AI-driven stock market rally. Despite bullish calls, Lee’s crypto ...
Bitcoin And Crypto Are Suddenly Braced For Two Major Price Earthquakes
The bitcoin reserve, created last year by an executive order, was seeded with the 200,000 bitcoin the government already held from criminal and civil asset forfeiture proceedings, with the order ...
Bitcoin’s unusual technical action points to a crypto bull market, says Fundstrat’s Tom Lee
Bitcoin pushed past the psychologically significant level of $80,000 this week, with some pointing to progress on a long-stalled crypto bill in the U.S. Congress. The world’s No. 1 crypto ended lower ...
Parfin CEO Bets Brazil’s Crypto Push Gives it Edge As US Rules Take Shape
CEO Marcus Viriato said the company shifted focus from London to Brazil because regulators there were more supportive of crypto. Parfin developed its Enigma protocol ...
Japan’s Nikkei blazes past 63,000 on earnings, Iran peace optimism; JGBs rally
By Rocky Swift and Junko Fujita TOKYO, May 7 (Reuters) - Japan's Nikkei share average shot to a record high on Thursday and the nation's bonds rallied as financial markets reopened after holidays, ...
Crypto Ponzi Scheme BG Wealth Sharing Sees $41M Frozen After $150M Losses.
U.S. law enforcement seized BG Wealth Sharing's domain and froze $41.5M after ZachXBT traced a $92M laundering push from a suspected $150M crypto Ponzi scheme.
CME Adds Avalanche and Sui Futures as Regulated Crypto Derivatives Expand
CME Group (NASDAQ: $CME) said Wednesday its new Avalanche (CRYPTO: $AVAX) and Sui (CRYPTO: $SUI) futures are now ...
Japan’s Nikkei roars past 62,000 on earnings, Middle East optimism; JGBs rally
By Rocky Swift and Junko Fujita TOKYO, May 7 (Reuters) - Japan's Nikkei share average shot to a record high on Thursday and the nation's bonds rallied as financial markets reopened after holidays, ...
SoftBank shares surge over 16% as Japan tech-fueled rally lifts Nikkei 225 to record highs
The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.
Wall Street went to war with crypto. It’s losing.
Senators are poised to move forward on a bipartisan proposal to end a clash between banks and cryptocurrency companies that Wall Street lobbyists hate, clearing the way for a landmark crypto bill to ...
Japan’s Nikkei surges past 61,000 for first time on earnings, Mideast optimism
By Rocky Swift TOKYO, May 7 (Reuters) - Japan's Nikkei share average shot to a record high on Thursday as financial markets reopened after holidays, catching up with optimism over strong technology ...