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Sunday2026/06
06-01
Global companies buy $9.85 million worth of Bitcoin in the week ending May 31
Huo Xing Finance reports, according to SoSoValue data, as of 8:00 AM Eastern Time on June 1, 2026, the global net Bitcoin purchases by publicly traded companies (excluding mining companies) totaled $9.85 million for the week, a 43.33% decrease compared to the previous week.
Strategy (formerly Micro...
Coinbase Post-Mortem Reveals AWS Cascade Failure Risks
Huoxing Finance reports that Coinbase has released a post-mortem report on the large-scale service outage on May 7, 2026. The outage lasted approximately 8 hours, with full recovery taking about 12 hours; during this time, trading, deposits, withdrawals, and most core services were unavailable or se...
BitMine holds 5.42M ETH, representing 4.49% of the total supply.
BitMine increased its Ethereum holdings by 26,500 ETH last week. As of May 31, 2026, its total Ethereum holdings reached 5.42 million ETH, accounting for 4.49% of Ethereum’s total supply. Currently, BitMine’s total value of cryptocurrency, cash, and other investment assets is approximately $11.6 bil...
Trump's Stock Picks and the Surge in Dell and Intel Amid Rising AI Demand
Author: Think AI, EvanGo out and buy a Dell! They’re great.On May 8, Trump expressed gratitude to the Dell family at a Mother's Day event at the White House.And publicly urged the public: "Buy Dell computers quickly—the products are outstanding!" This call directly sparked a market surge.Dell's stoc...
MSTR Opens Down 9% Amid Bitcoin Sale, Major U.S. Indices Drop at Open
Huo Xing Finance reports that on June 1, according to market data, U.S. major indices opened lower amid the latest developments in the Middle East: the Dow Jones fell 0.3%, the S&P 500 dropped 0.2%, and the Nasdaq declined 0.19%. NVIDIA (NVDA.O) rose 2.7%, and Microsoft (MSFT.O) gained 3% after join...
Global listed companies purchase $9.85 million worth of Bitcoin in the week ending May 31
Odaily Planet Daily reports, according to SoSoValue data, as of 8:00 AM Eastern Time on June 1, 2026, the total net Bitcoin purchases by global public companies (excluding mining companies) last week amounted to $9.85 million, a 43.33% decrease compared to the previous week.Last week, Strategy (form...
Stellar Surges 14% as DTCC Announces Tokenized Securities Integration
Stellar’s native token XLM posted a 14% gain over the weekend, reaching approximately $0.27 before a broader market sell-off trimmed the move to around 5%. The jump made it the top performer in the CoinDesk 20 index, and it wasn’t even close.The DTCC catalystOn May 27, the Depository Trust & Cle...
Samara Asset Group Reports April Bitcoin CPI Down 0.9% Month-on-Month
If you priced your grocery bill in Bitcoin instead of dollars, April was a slightly worse month than March. But zoom out a year, and you’re eating significantly cheaper.That’s the gist of Samara Asset Group’s latest US Bitcoin Consumer Price Index reading, released on June 1. The BTCCPI fell 0.95% m...
Sekai Raises $20M Series A to Expand AI App Creation Platform
Sekai, a startup building what amounts to a TikTok-style feed of user-generated mini-apps, has closed a $20 million Series A round to expand its AI-powered creation platform. The company lets anyone, regardless of technical skill, build playable apps in seconds using nothing more than text prompts.T...
Tether Open Sources Google's TurboQuant to Reduce AI Memory Use
Tether’s AI Research Group has open-sourced a production-ready implementation of TurboQuant, the Google Research algorithm designed to dramatically reduce AI memory requirements, according to a Monday press release.The technology is now part of QVAC Fabric, Tether’s local AI engine, and includes a c...
European Cloud Providers Support EU Push for Tech Sovereignty
Thirteen European cloud providers and allied organizations have thrown their weight behind the European Commission’s push for technological sovereignty, signing an open letter that calls for the continent to build, buy, and protect its own digital infrastructure.US cloud giants, specifically Amazon,...
CertiK: Crypto security losses drop 90% to $68.3M in May 2026
Odaily Planet Daily reports that blockchain security firm CertiK released data showing that the total losses in the crypto sector due to hacks, vulnerabilities, and scams in May 2026 amounted to approximately $68.3 million, a nearly 90% decline from over $650 million in April. This marks the third m...
S&P 500 Reaches Record High Amid Signs of Market Concentration
CoinDesk reports:The S&P 500 reached a new closing high on the last trading day of May, but few stocks drove the index higher. Foreign media cited Bank of America strategist Michael Hartnett, noting that this market structure resembles the conditions seen at the peak of the 2000 dot-com bubble.Only ...
XRPL Reaches $400M in Tokenized RWA Value in 15 Months, Outpacing Ethereum
XRPL has reached $400 million in tokenized real-world asset (RWA) value in just 15 months, significantly outpacing several major blockchain networks, including Ethereum.Evernorth revealed this in a recent report, while XRP community commentator BankXRP amplified the findings across the crypto commun...
Marvell Launches 102.4 Tbps Switch for AI Data Centers
Marvell Technology just dropped the Teralynx 102T, a networking switch capable of pushing 102.4 terabits per second of bandwidth. To put that in perspective, that’s enough throughput to transfer roughly 12,800 copies of a 4K Blu-ray movie every single second.The device is being positioned as the ind...
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