Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
Riot Platforms reported $167.2 million Q1 revenue, with its data center division contributing $33.2 million as Bitcoin mining income declined. The company holds 15,679 Bitcoin worth $1.1 billion. Mining costs rose to $44,629 per coin amid network difficulty increases. Riot's diversification into AI infrastructure, validated by AMD's 50-megawatt contract expansion, signals industry shift away from pure mining operations.
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Bitcoin rally extends, yet BTC options price only 25% chance of $84K in May
Institutional investors and corporate-level Bitcoin accumulation remain the primary drivers of BTC’s price gains, despite the lack of bullish leverage....
Price predictions 5/1: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, XMR
Bitcoin rose above $78,000 in May 2026, extending April's 11.87% rally fueled by $1.97 billion in US spot ETF inflows. Technical analysis suggests BTC needs to flip $80,000 into support to reach $84,000, though CryptoQuant warns futures-driven gains may precede a pullback. Major altcoins including ETH, XRP, BNB, SOL, and DOGE face critical resistance levels determining next directional moves.
Exodus (EXOD) Announces Official UFC Deal and Revised, Self-Custody Money App
Exodus (EXOD) secured an official UFC partnership launching June 1, positioning itself as the league's payments provider with branding across 700 million global fans. The crypto wallet-turned-money-platform simultaneously launched Exodus Pay, a self-custody stablecoin app enabling Visa spending and peer-to-peer transfers. The move targets crypto-curious consumers while establishing recurring revenue through stablecoin balances and card interchange.