Ex-OpenAI’s Leopold Aschenbrenner bets big on crypto miners for his $13.6 billion AI play
Aschenbrenner is shorting Nvidia and AMD in favor of bitcoin miners that own the electricity and data centers needed to fuel the next phase of the AI boom.
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Jefferies updates its list of highest-conviction Buy-rated stocks
Jefferies, an investment banking and capital management firm, has updated its ‘Franchise Picks’ list, which features the company’s highest-conviction ‘Buy’ … Continue reading
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BlackRock accelerates Bitcoin sell-off amid bearish fears
BlackRock’s iShares Bitcoin Trust (IBIT) has accelerated its Bitcoin (BTC) sell-off on May 18, after ending its six consecutive weeks … Continue reading
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Leopold Aschenbrenner just updated his stock portfolio
Leopold Aschenbrenner, one of the youngest billionaire investors and a former OpenAI researcher, has revealed updated holdings for his Situational … Continue reading
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Wall Street analyst sets odds of S&P 500 hitting 9,000 at end of 2026
A Wall Street analyst is projecting that the benchmark S&P 500 index could climb as high as 9,000 by the … Continue reading
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Aave restores ether borrowing limits after $230 million exploit
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Bitcoin Depot, North America’s largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.
IUX Highlights H1 2026 Award Recognition Across Global Industry Platforms
Ebene Cybercity, Mauritius, 18th May 2026, FinanceWire
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Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.