Forward Industries nears $1B Solana paper loss after Q1 hit

Prediction market platform Myriad has adopted Chainlink infrastructure to automate and settle crypto prediction markets with near real-time payouts, starting with BTC, ETH, BNB, and SOL markets. According to Myriad, the integration brings Chainlink Data Streams and the Chainlink Runtime…

Nakamoto CEO David Bailey said the company is focused on scaling its Bitcoin treasury, services and trading strategies for the remainder of 2026.

BitGo revenue doubled to $3.8B in Q1, but net loss widened to $60.7M as Bitcoin treasury moves and IPO costs weighed on results post-IPO.

DeFi Development says SOL per share rose 108% to 0.0670, even as Q1 net loss hit $83.4M and its Solana holdings reached 2.29M SOL by May 13.

The post Solana perps volume hits $2.5B, highest in 24 weeks appeared on BitcoinEthereumNews.com. Solana’s perpetual futures trading volume just hit $2.5 billion in a single 24-hour window, a level the network hasn’t seen in nearly six months. That’s 24 weeks of comparatively quiet on-chain derivatives activity, followed by a sudden spike that suggests traders are once again reaching for leverage on Solana’s native platforms. The number matters because perpetual futures, or “perps,” are the backbone of crypto speculation. They let traders bet on price movements with leverage and no expiration date. When perps volume surges, it typically means one of two things: traders are aggressively speculating on directional moves, or they’re scrambling to hedge existing positions. Phoenix rises as the volume king A significant chunk of that $2.5 billion flowed through Phoenix, a Solana-native perpetual trading venue. Phoenix alone reported $1.27 billion in 24-hour trading volume, meaning it captur

The post Why is bitcoin price down? BTC at $79,000 as Xi warns Trump on Taiwan conflict appeared on BitcoinEthereumNews.com. Bitcoin’s $80,000 floor cracked under back-to-back inflation shocks, and Xi Jinping’s Taiwan warning further dampened expectations of a recovery. BTC traded at $79,200 in Asian hours Thursday, down 2.3% over 24 hours and 2.2% on the seven-day, after slipping below the $80,000 level that had served as the floor for most of the past week, per CoinGecko data. Solana (SOL) led the cohort lower with a 5.6% drop to $90, giving back most of the weekly gains that had made it the standout altcoin for the past two weeks. Ether dropped 2.1% to $2,250 and is now down 3% on the seven-day, the second-weakest performer among the majors after BTC. BNB shed 1.6% to $660 but held a 3.9% weekly gain, while XRP slipped 1.7% to $1.43. Dogecoin held in green territory at $0.1126, up 0.9% on the day, the only major in the cohort to post a 24-hour gain. The sell pressure built around th

Geopolitical tensions and inflationary pressures could lead to increased market volatility, affecting investor confidence and economic stability. The post Solana drops 5%, Bitcoin below $80K amid US-China tensions over Taiwan appeared first on Crypto Briefing.

The post Metaplanet Q1 Operating Profit Rises as Bitcoin Loss Widens appeared on BitcoinEthereumNews.com. Tokyo-listed Metaplanet reported first-quarter operating income Wednesday of 2.27 billion Japanese yen (roughly $14.38 million) on net sales of about $19.5 million, implying an operating margin of 73.6% as surging Bitcoin option income more than tripled revenue from a year earlier, according to the company’s Q1 fiscal year 2026 earnings release. The strong operating performance contrasted with an ordinary loss of around $728 million, driven mainly by non-cash valuation losses as Bitcoin’s price declined during the period, and the company marked its expanding Bitcoin (BTC) holdings lower. The price of Bitcoin fell around 24% during the quarter, from around $87,000 on Jan. 1 to roughly $66,000 on March 31, according to data from Coingecko. Revenue for the quarter ending March 31 rose from about $5.5 million a year earlier to about $19.5 million, the filing shows, with the Bitcoin Inc