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The post Gemini Stock Climbs 9% as Q1 2026 Earnings Show 42% Revenue Jump appeared on BitcoinEthereumNews.com. Gemini Space Station (Nasdaq, GEMI) shares climbed roughly 9% to $5.73 in after-hours trade on Thursday after the listed crypto exchange reported a 42% jump in first-quarter revenue and a $100 million strategic investment from Winklevoss Capital. The firm also posted a narrower net loss of $109 million for the period ended March 31, while operating expenses grew 73% on stock-based compensation, severance, and credit card costs. Gemini Q1 2026 Earnings Show Revenue Diversification Services revenue and interest income climbed 122% from a year earlier to $24.5 million, making up 49% of the top line versus 31% in Q1 2025. Credit card revenue led the move, jumping nearly 300% to $14.7 million, with cumulative cardholders passing 123,700 over the trailing four quarters. Spot trading revenue, by contrast, slipped 27% to $17.2 million on quarterly volumes of $6.3 billion, down from $1
Read full articleCerebras IPO shares nearly doubled on their first day of trading, opening at $350 after pricing at $185 per share on Wednesday evening. Cerebras IPO shares opened at $350 on Thursday on the Nasdaq under the ticker CBRS, nearly doubling…
The post Coinbase stock surges 8% as CLARITY Act advances appeared on BitcoinEthereumNews.com. Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. Summary Bitcoin hit $82,000 following the committee vote before retreating to $81,500, up 2.5% on the day. Strategy climbed 7% and Bitmine advanced 5.6%, with broader crypto equity gains extending to Nasdaq and S&P 500 record highs. The bill still requires a full Senate vote with a 60-vote threshold and reconciliation with a House-passed version before it can reach the White House. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with support from two Democratic senators providing the bipartisan margin that moves the bill toward the full Senate. Coinbase CEO Brian Armstrong had backed the current version of the bill ahead of the vote, calling it “closer than ever” to becoming law and describing the stablecoin yield compromise as
Elliptic's funding boost highlights the critical role of compliance in the evolving blockchain landscape, impacting global financial systems. The post Elliptic closes $120M Series D led by One Peak Partners, backed by Deutsche Bank and NASDAQ appeared first on Crypto Briefing.
Strive’s SATA stock will become the first U.S. listed security to pay cash dividends every business day. Strive (Nasdaq: ASST) announced on May 14 that its Variable Rate Series A Perpetual Preferred Stock will shift from monthly to daily dividend…
The launch of Nasdaq crypto index futures by CME Group could significantly enhance institutional participation and market stability in the crypto sector. The post CME Group to launch Nasdaq crypto index futures covering Bitcoin, Ether, XRP as daily volumes surge 43% this year appeared first on Crypto Briefing.
The post MSTR Stock Price as Peter Schiff Warns STRC Is Draining Bitcoin Demand After Record 5M Volumes appeared on BitcoinEthereumNews.com. Strategy (NASDAQ: MSTR) stock price closed trading on May 13 at $178 after dropping by 3.4%. On Thursday, it opened at $176, a 1% drop from the previous day. But this drop did not spill over to Strategy’s STRC preferred stock that saw the fourth largest volumes in history after 5 million shares were traded. Bitcoin critic Peter Schiff now says that STRC is taking away demand from Bitcoin because people are chasing the 11.5% yield that BTC does not guarantee. Schiff Warns STRC is Weakening Bitcoin’s Demand STRC had the fourth-highest volume in history on May 14 with five million shares traded at above $100, even if MSTR stock price is down. This was enough to buy 3,094 BTC. The highest volume for STRC is 14.7 million shares on April 14. On Tuesday, STRC had just raised another $240 million to buy Bitcoin. But Schiff now says that these numbers are
The contracts will offer regulated exposure to multiple cryptocurrencies through standard and micro-sized futures products, according to the company.
The post Bonk Price Sits 88% Below All Time High While Pepeto Presale Hits $10 Million With a Working Exchange and Binance Listing Ahead appeared on BitcoinEthereumNews.com. The Bonk price shows a token still waiting for a catalyst that has not arrived, with BONK trading at $0.0000071 and sitting 88% below its November 2024 peak. Tuttle Capital filed a 2x leveraged BONK ETF while Bonk Holdings on Nasdaq targets $115 million in reserves, but even those moves cannot close a gap that wide. Pepeto has collected nearly $10 million in presale with an exchange already processing trades and a Binance listing approaching, and analysts project 100x to 300x from the current entry. CoinDesk reported that Tuttle Capital filed a 2x leveraged BONK ETF, and Bonk Holdings on Nasdaq targets $115 million in reserves by year end. CoinMarketCap shows BONK at $0.0000071 with a $673 million market cap. The institutional interest is real, but the Bonk price still sits 88% below its peak, and recovery from tha
