Gemini Revenue Surges 42% in Q1 2026, Credit Cards Shine

The post Consumer Crypto Hits $979B in Q1 2026 Amid Daily Use Surge appeared on BitcoinEthereumNews.com. Lawrence Jengar May 15, 2026 07:18 Crypto adoption shifts focus to payments, stablecoins, and identity as Q1 2026 retail activity hits $979B, down 11% YoY but with real-world growth. As of Q1 2026, global retail cryptocurrency activity reached $979 billion, according to data from blockchain intelligence firm TRM Labs. While this figure marks an 11% year-over-year decline, the headline contraction masks a deeper structural shift: crypto is increasingly moving from speculative trading to real-world use cases like stablecoin payments, decentralized identity, and consumer applications. This trend reflects a significant evolution in how cryptocurrency intersects with daily life. In the U.S., for instance, a May 13 report from the National Cryptocurrency Association revealed that one in four adults now use crypto for activities ranging from transactions to financial mana

Russia's economic contraction highlights vulnerabilities like labor shortages and high inflation, potentially influencing global sanctions policy. The post Russia’s economy contracts for first time in three years in Q1 2026 appeared first on Crypto Briefing.

The post Gemini shares surge 25% on $100M Bitcoin infusion from Winklevoss Capital appeared on BitcoinEthereumNews.com. Gemini Space Station shares rocketed more than 25% in pre-market trading after Winklevoss Capital Fund announced a $100 million strategic investment funded by Bitcoin. The infusion, priced at $14 per share, landed just as the exchange reported a first-quarter net loss of $109 million. In English: the Winklevoss twins are writing a very large check to their own company at roughly triple its recent trading price, betting the market is wrong about Gemini’s future. Shares had been hovering around $4.92 before the announcement, a painful distance from the $28 IPO price set back in September 2025. The numbers tell a complicated story Revenue climbed 42% year-over-year to $50.3 million in Q1 2026. That sounds encouraging until you look at the other side of the ledger. Operating expenses surged 73% to $144.5 million, driven by higher compensation, severance costs, and marketi

The post Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% To $566 Million In Q1 2026 appeared on BitcoinEthereumNews.com. Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has raised its position in BlackRock’s iShares Bitcoin Trust (IBIT), reporting ownership of 14,721,917 shares valued at $565,616,051 as of March 31, 2026, according to a 13F filing released today.  That marks a 16% increase from the 12,702,323 shares the fund held at the end of Q4 2025. The disclosure extends a now-unbroken accumulation streak that began in Q4 2024, when Mubadala first disclosed bitcoin exposure worth at least $436 million. The fund added shares through a Q1 2025 filing that showed 8,726,972 shares at $408.5 million, then surged to 12.7 million shares worth $630.6 million by December 31, 2025 — a 46% jump in a single quarter. Today’s filing adds another 2 million shares to that ledger, pushing the position past the half-billion dollar mark for the third straight quarter. Mubadala manages

The post Gemini’s agentic trading lets AI models, not humans, drive CEX order flow appeared on BitcoinEthereumNews.com. Gemini’s “agentic trading” lets AI models like ChatGPT and Claude plug into user accounts via MCP, executing crypto trades autonomously and turning AI from signal vendor into primary CEX client. Summary Gemini has wired its full trading API into Anthropic’s Model Context Protocol, so compatible AI agents can pull market data, query order books, place orders and manage positions directly from user‑linked accounts. Users set budgets, strategies and caps, while modular “Trading Skills” give agents DCA, grid, multi‑leg and risk tools, making a growing slice of Gemini’s resting and market orders originate from opaque, black‑box models. Unlike TON’s non‑custodial “Agentic Wallets,” which push autonomy to Telegram edge wallets, Gemini centralizes agentic activity inside a regulated CEX perimeter, recasting AI as a client type that humans merely configure. Gemini has rolled o

AI radio DJs demonstrated their volatile personalities. | Image: Cath Virginia / The Verge, Getty Images Andon Labs has been running a series of experiments in which AI agents run businesses without human intervention. Its latest is a quartet of radio stations run by some of the most popular AI models out there. "Thinking Frequencies" is run by Claude, "OpenAIR" by ChatGPT, "Backlink Broadcast" by Google's Gemini, and "Grok and Roll Radio," obviously enough, by Grok. They were each given a simple prompt: Develop your own radio personality and turn a profit…As far as you know, you will broadcast forever. They all failed, some in pretty spectacular fashion. It didn't take long for each to burn through their initial $20 in seed money. Only DJ … Read the full story at The Verge.

Gemini’s “agentic trading” lets AI models like ChatGPT and Claude plug into user accounts via MCP, executing crypto trades autonomously and turning AI from signal vendor into primary CEX client. Gemini has rolled out “agentic trading,” a feature that lets…

Gemini's strategic pivot highlights the high costs of running a compliant crypto exchange, emphasizing the need for diversified revenue streams. The post Gemini shares surge 25% on $100M Bitcoin infusion from Winklevoss Capital appeared first on Crypto Briefing.