Crypto World
Intel (INTC) Stock Rockets 14% After Apple Partnership and SK Hynix Negotiations Surface
Key Takeaways
- Intel shares jumped approximately 14% on Friday, followed by an additional 6% gain in premarket trading Monday, reaching $130.13.
- A preliminary chip manufacturing agreement between Apple and Intel was reached, with support from the U.S. government playing a facilitating role.
- Separate reports indicate Intel is negotiating with SK Hynix regarding chip-packaging solutions, which could establish a second major foundry partnership.
- Following the conversion of $9 billion in federal grants to equity, the U.S. government now owns approximately 10% of Intel.
- First-quarter results significantly exceeded projections — adjusted EPS reached $0.29 compared to the $0.01 estimate, while revenue totaled $13.58B against a $12.42B forecast.
Intel’s trajectory in 2026 has been nothing short of remarkable. The chipmaker’s stock has surged more than threefold year-to-date, with the most recent rally fueled by consecutive major announcements that signal a potential turnaround for its struggling foundry operations.
According to a Friday report from The Wall Street Journal, Intel and Apple have struck a preliminary deal that would see Intel produce processors for Apple products. This agreement emerged after negotiations spanning over a year, with assistance from U.S. federal officials who had previously transformed $9 billion in government grants into equity ownership — establishing roughly a 10% government stake in the semiconductor giant.
The announcement triggered a surge of up to 14% in INTC shares on Friday. By Monday’s premarket session, the momentum continued with an additional 6% climb, pushing the stock to $130.13.
A follow-up report added fuel to the rally. ZDNet Korea disclosed that Intel is engaged in discussions with SK Hynix concerning chip-packaging capabilities designed to combine high-bandwidth memory with general-purpose processors — a market segment where TSMC currently holds dominant position. Neither Intel nor SK Hynix has issued public statements regarding these negotiations.
Should both partnerships materialize, Intel’s foundry division would transition from having no significant external clients to securing two major customers within mere weeks.
Strong First Quarter Results Paved the Way
The Apple partnership announcement didn’t emerge in a vacuum. Intel had already demonstrated solid performance before these major headlines broke.
First-quarter financial results substantially outperformed analyst expectations. The adjusted earnings per share of $0.29 crushed the consensus estimate of just $0.01. Total revenue reached $13.58 billion, surpassing the anticipated $12.42 billion. The data center division delivered particularly strong performance, posting 22% revenue growth to $5.1 billion, propelled by robust CPU demand for artificial intelligence applications.
During the earnings call, CEO Lip-Bu Tan stated: “The CPU is reinserting itself as the indispensable foundation of the AI era — this isn’t just our wishful thinking, it’s what we hear from our customers.”
The impressive quarterly performance triggered a 20% jump in INTC shares during after-hours trading when the results were disclosed.
Analyst Response
Bank of America upgraded its Intel price target from $56 to $96 following the Apple announcement, though the firm maintained its Underperform rating. The institution recognized that the foundry partnership could generate substantial revenue streams, despite maintaining its overall cautious perspective on the stock.
Prior to these developments, Intel’s only publicly confirmed external foundry client was Terafab — a venture connected to Elon Musk intended to supply Tesla and other Musk-affiliated enterprises — though specific terms of that partnership remain largely undisclosed.
Broader market conditions also provided favorable backdrop. The S&P 500 climbed 0.84% to close at 7,398.93 on Friday, while the Nasdaq advanced 1.71% to 26,247.08, with both indices reaching all-time highs. The global semiconductor industry has collectively added approximately $3.8 trillion in market capitalization during the past six weeks.
The April employment report showed non-farm payroll additions of 115,000, exceeding expectations, while the unemployment rate held at 4.3%.
Crypto World
Strategy Resumes Bitcoin Acquisitions with $43M BTC Buy
Strategy bought 535 Bitcoin for $43 million last week, resuming its accumulation strategy days after its chairman, Michael Saylor, said the company may sell some of its holdings to fund dividend payments.
The world’s largest corporate Bitcoin holder acquired the Bitcoin (BTC) between May 4 and May 10 at an average price of $80,340 per BTC, according to a Monday filing with the US Securities and Exchange Commission.
The purchase lifted Strategy’s total holdings to 818,869 BTC, acquired for about $61.86 billion at an average price of $75,540 per coin, including fees and expenses.
The acquisition was Strategy’s first since April 27, when the company bought 3,273 BTC for $255 million. It also followed the company’s first-quarter earnings call, where Saylor said Strategy would “probably sell some Bitcoin” to fund a dividend and show that a sale would not undermine the company or the broader Bitcoin market.
On Sunday, Saylor hinted that the company would resume BTC purchases after the prior week’s pause.

Strategy Bitcoin acquisition, 8-K filing. Source: SEC
The Bitcoin purchase was made using proceeds from share sales. The majority of the acquisition, or $42.9 million, was funded through the sales of Class A common stock (MSTR), while another $100,000 was funded through the issuance of Stretch (STRC) stock, the filing shows.
Related: Capital B raises $17.8M to expand its Bitcoin treasury
Strategy shares gain in pre-market, despite Bitcoin sales concerns
Strategy shares rose in premarket trading on Monday after the company disclosed the Bitcoin purchase.
Its shares rose 4.3% to change hands above $187.50 at the time of writing, according to Yahoo Finance.
Strategy’s shares are up 23% year-to-date despite Bitcoin’s 7.2% decline during the same period, data from TradingView shows.

MSTR/USD, 1-day chart. Source: Yahoo Finance
Still, investor concerns persist following Strategy’s first quarter earnings call, when Saylor said Strategy may periodically sell portions of the company’s Bitcoin holdings to fund dividends and to “inoculate the market.”
While some investors feared that a Strategy sale could create more cascading liquidations, others, such as Bitcoin advocate Samson Mow, said that Strategy’s potential sales can give it greater room to maneuver in the market.
Strategy investor Adam Livingston argued that periodic sales may allow the company to finance more Bitcoin purchases in the future.
Magazine: Strategy reveals why they would sell BTC, Trump Media posts loss: Hodler’s Digest, May 3 – 9
Crypto World
Biggest consensus overhaul in blockchain’s history is live for testing
Solana developer Anza said Monday that Alpenglow, the network’s biggest proposed consensus overhaul to date, is live on a community test cluster, marking a major step toward a potential mainnet rollout.
The update means validator operators can now test software designed to move Solana from its current consensus system, which combines Proof-of-Stake with TowerBFT and Proof-of-History, toward a new architecture intended to dramatically reduce finality times and improve network responsiveness.
“Alpenglow is live on the community test cluster,” Anza wrote on X. “The biggest consensus change in Solana’s history, now running on validator infrastructure ahead of mainnet.”
Today, Solana relies on Proof-of-History, a cryptographic clock that timestamps transactions, alongside TowerBFT, a voting mechanism validators use to agree on the state of the blockchain. While the design has helped Solana achieve high throughput and low fees, some have pointed to outages and network instability during periods of heavy demand.
Alpenglow proposes replacing major portions of that system with a redesigned framework centered around new components. In simple terms, the new model aims to let validators communicate and confirm blocks faster and more efficiently, potentially cutting transaction finality from several seconds to near real-time speeds.
The start of the community test cluster also suggests that validator software can successfully perform what developers are informally calling “Alpenswitch,” transitioning validator nodes from Solana’s existing process to Alpenglow in a live network environment.
The test milestone comes just days after Solana co-founder Anatoly Yakovenko said at Consensus Miami 2026 that Alpenglow could reach mainnet as soon as next quarter if testing continues smoothly.
Read more: Solana’s ‘Alpenglow’ upgrade could arrive next quarter, co-founder Yakovenko says
Crypto World
Sui Crypto Outpaces Market with 37% Surge as Institutional Staking TVL Hits New Milestones
Sui crypto posted a 37% gain in the last 7 days, decoupling sharply from the broader crypto market as Bitcoin briefly topped $82,000 on improving macroeconomic conditions.
The SUI price move is not a sympathy rally, it is driven by two distinct catalysts: a surge in institutional staking inflows that has pushed network TVL to fresh milestones, and a protocol-level upgrade enabling zero-fee stablecoin transfers that is reshaping DeFi liquidity dynamics on the network.
The tension at the center of this story is supply. Sui Group Holdings’ involvement has amplified buy pressure at a moment when the free float is constrained by aggressive staking lockups, and that combination is producing outsized price moves from relatively modest capital inflows.
Whether that dynamic can sustain new price levels – or whether it reverses sharply once staking incentives normalize, is the question this rally forces traders to answer.
Discover: The best pre-launch token sales
Can SUI Crypto Price Hold Above $1.20 After the 37% Breakout?
SUI is sitting at $1.2692 on the daily chart, and the move that just happened in the last couple of sessions is impossible to ignore, price launched from the $0.85 to $0.90 base and spiked all the way to $1.35 in what looks like a near vertical candle off months of low-level consolidation.
The broader context is brutal though. SUI dropped from $4.40 at the July peak all the way down to $0.63 in the February capitulation wick, losing over 85% of its value, and has been grinding in a tight range between $0.85 and $1.10 for most of March and April before this sudden breakout.

The $1.30 to $1.40 zone is now the immediate test because that was where prior support existed during the November to December breakdown, and price is sitting right at that level after the spike, which is exactly where sellers from that period would be looking to exit.
A hold above $1.30 and the next meaningful resistance is around $1.80 to $2.00, and above that $2.40 where the longer distribution zone begins.
The concern with a move this sharp and vertical is the same as always: it tends to need a cooldown and retest before continuing, and a pullback toward $1.00 to $1.10 on a retest would actually be healthy for the setup.
The base is solid, the breakout is real, but the speed of the move means chasing here carries risk and a retest of the breakout zone is the cleaner entry if the setup holds.
Discover: The best crypto to diversify your portfolio with
The post Sui Crypto Outpaces Market with 37% Surge as Institutional Staking TVL Hits New Milestones appeared first on Cryptonews.
Crypto World
Augustus Wins OCC Approval for AI and Stablecoin Bank Charter
Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a US national bank built around artificial intelligence and stablecoin-based payments.
The approval, announced Monday, would allow Augustus to expand its existing European banking operations into the US, as financial firms increasingly compete to modernize cross-border settlement infrastructure using tokenized dollars and blockchain-based payment systems.
The company describes Augustus National Bank as “the first clearing bank for the AI era,” built on an AI and stablecoin-native core designed to interact directly with machine agents at “the speed of compute,” rather than relying on batch processes and human clerks.
Founded in 2022, Augustus operates under European banking licences and says it already processes billions of dollars for institutional clients, including cryptocurrency exchange Kraken. Its proposed US national bank charter, however, is still at the conditional approval stage and will only become effective once the OCC’s pre-opening requirements are satisfied.

Augustus secures OCC conditional approval. Source: PR Newswire
Related: Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
While companies such as Ripple and Circle have pursued national trust bank charters under the OCC framework, only a limited number of digital asset firms have reached comparable advanced stages in the federal chartering process. The OCC approval places Augustus among a small group of companies that have progressed toward a national bank charter in recent years, according to the release.
Race to build the stablecoin bank
The move comes as competition intensifies to modernize cross-border payments and stablecoin settlement infrastructure in the US.
Under the Guiding and Establishing Innovation for US Stablecoins (GENIUS) Act regime for payment stablecoins, banks and trust companies can issue fully reserved dollar tokens, and a growing group of issuers and payments companies are testing ways to integrate tokenized dollar flows into regulated banking rails.
Circle’s collaboration with core banking provider Finastra in August 2025, for example, lets banks settle cross-border payments in USDC via Finastra’s Global PAYplus hub, and Citi and HSBC introduced live tokenized deposit services for 24/7 cross-border and interbank payments in November 2025.
Augustus, backed by Peter Thiel’s Valar Ventures, Creandum, and the founders of companies including Ramp and Deel, has raised about $40 million, according to the company. At 25, Dabitz would be the youngest chief executive of a federally chartered bank in over 100 years.
Cointelegraph reached out to Augustus for comment, but had not received a response by publication.
Asia Express: North Korea denies crypto hacks, Upbit’s bank tests Ripple
Crypto World
AJC Mining leads a new trend in Bitcoin cloud mining
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Solana nears key resistance as cloud mining platforms like AJC Mining gain traction in crypto recovery phase.
Summary
- As Solana and major crypto assets rebound, interest in cloud mining platforms like AJC Mining is increasing among everyday users.
- AJC Mining offers simplified access to mining through professional data centers and managed hashrate systems.
- With rising market participation, AJC Mining attracts attention for its infrastructure, security focus, and user-friendly mining access.
As whale activity, ETF capital inflows, and bullish momentum in the derivatives market continue to build, Solana is preparing to challenge the key resistance level near $97.40.
For everyday users, this market rebound is not only a sign of Solana’s ecosystem recovery but also a clear indication that the digital asset market is entering a new phase driven by institutional capital, on-chain data, and global user participation.
Crypto market recovery makes cloud mining a new entry point for everyday users
As mainstream crypto assets such as Solana, Bitcoin, Litecoin, Dogecoin, and Bitcoin Cash regain market attention, more users are looking for easier ways to participate in the digital asset economy.
Compared with traditional mining, which requires expensive mining machines, electricity management, hardware maintenance, and technical knowledge, Cloud Mining is becoming a lighter and more accessible option. Users do not need to build their own mining farms or manage complex mining equipment. Instead, they can participate through a professional cloud mining platform and access mining power more conveniently.
Against this backdrop, AJC Mining is gaining attention as a cloud mining service platform. Through professional mining farm deployment, global hashrate management, and transparent system operations, AJC Mining aims to provide users with a more convenient and efficient Cloud Mining experience.
Register with AJC Mining now and receive a $15 new user bonus. Click to register and claim a free $15 bonus.
Real users share their views on Bitcoin cloud mining
Recently, AJC Mining conducted street interviews in the United Kingdom with real cryptocurrency users to understand how they view the current crypto market and the growing popularity of lower-barrier cloud mining.
One user from the UK said:
“I’m usually busy with work and don’t have time to study complicated mining equipment, so I prefer a simpler way to participate.”
Another user commented:
“Being able to check the system status and data changes in real time makes me feel more confident about the whole process.”
A third user said that the biggest value is “peace of mind”:
“I don’t want to watch the market every day. This allows me to focus on my own life instead of market fluctuations.”
Another user added:
“I used to think mining had a very high entry barrier, but after learning more about it, I found that ordinary users can also participate more easily.”
AJC Mining: Cloud mining is becoming a new choice for entering the crypto market
Why is traditional mining difficult for beginners?
Traditional crypto mining often requires expensive mining machines, high electricity costs, technical setup, equipment maintenance, and professional operational knowledge. These challenges make it difficult for many ordinary users to participate directly in mining.
Why Is Cloud Mining more suitable for everyday users?
With AJC Mining Cloud Mining, users do not need to purchase mining machines or handle technical issues. The platform manages mining resources in a centralized way, making it easier for users to participate in crypto mining.
For users searching for a reliable Bitcoin Cloud Mining Platform, AJC Mining provides a simpler way to access mining services without the complexity of traditional mining infrastructure.
How does AJC Mining help users start mining?
Users only need to select and purchase a cloud mining contract. AJC Mining manages the mining operations, allowing users to start mining easily, track income growth in real time, and participate without technical experience.
What data can users view?
AJC Mining provides users with access to mining status, system performance, and income updates. The process is designed to be transparent and intuitive, allowing users to monitor their cloud mining activity more clearly.
Core advantages of AJC mining cloud mining
AJC Mining offers several key advantages for users interested in Bitcoin Cloud Mining, LTC Cloud Mining, DOGE Cloud Mining, and BCH Cloud Mining:
- Professional data centers and standardized mining farm facilities designed to improve operational stability and efficiency.
- Security technologies associated with McAfee® and Cloudflare® to help protect user accounts and digital assets.
- Global mining farm deployment to reduce the impact of single-region fluctuations.
- A professional engineering team that conducts regular inspections and maintenance to support long-term platform stability.
Join AJC Mining and start a more efficient cloud mining journey
Step 1 — Create an Account
Complete registration in just a few seconds and receive a $15 new user bonus.
Step 2 — Choose a Plan
Select from popular cloud mining contracts with flexible cycles ranging from 1 to 50 days.
Step 3 — Start Earning
Once the contract is activated, the system runs automatically, helping users begin daily income generation more easily.
AJC Mining cloud mining contract examples
| Contract Name | Price | Daily Profit | Number of Days | Principal + Total Return |
| New User Experience Contract | $100 | $4 | 2 Days | $100 + $8 |
| Avalon Miner A15 | $500 | $6.25 | 5 Days | $500 + $31.25 |
| Litecoin Miner L9 | $1,000 | $13 | 10 Days | $1,000 + $130 |
| Bitcoin Miner S21 XP Imm | $5,000 | $70 | 25 Days | $5,000 + $1,750 |
| Bitcoin Miner S21e XP Hyd | $10,000 | $150 | 35 Days | $10,000 + $5,250 |
| ANTSPACE HW5 | $50,000 | $900 | 45 Days | $50,000 + $40,500 |
According to the contract descriptions, all contracts follow a “daily profit + principal return” model. Profit distribution is presented transparently and is open to all users.
(Click here to view more contract details.)
AJC Mining supports multiple cloud mining options
AJC Mining is not only focused on Bitcoin Cloud Mining. The platform also provides access to several popular cloud mining options, including:
LTC cloud mining
Litecoin remains one of the most established digital assets in the crypto market. AJC Mining offers users a convenient way to participate in LTC Cloud Mining.
DOGE cloud mining
Dogecoin continues to attract global attention because of its strong community and market popularity. Through DOGE Cloud Mining, users can participate in Dogecoin-related mining more easily.
BCH cloud mining
Bitcoin Cash also maintains a presence in the digital asset market. AJC Mining provides BCH Cloud Mining options for users interested in Bitcoin Cash mining services.
By supporting Bitcoin, Litecoin, Dogecoin, and Bitcoin Cash, AJC Mining is positioning itself as a multi-asset Cloud Mining platform for users who want flexible access to mining opportunities.
Conclusion: AJC Mining is becoming a popular Bitcoin cloud mining platform
As high-performance blockchain ecosystems such as Solana continue to expand, the crypto market is attracting renewed attention from ordinary users. The recent street interviews conducted by AJC Mining in the United Kingdom show that many users prefer a simpler and more transparent way to participate in mining, especially when compared with the technical complexity of traditional mining.
Through professional mining farm deployment, global hashrate management, and transparent system operations, AJC Mining is working to provide a more stable and efficient Cloud Mining experience. For users looking for an easier way to participate in the crypto market, cloud mining is becoming an increasingly popular choice.
For those searching for AJC Mining, Cloud Mining, Bitcoin Cloud Mining, Bitcoin Cloud Mining Platform, LTC Cloud Mining, DOGE Cloud Mining, or BCH Cloud Mining, AJC Mining offers a convenient platform to explore multiple cloud mining opportunities.
For more information, visit the official website or download the mobile app.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Crypto World
Circle Raises $222M ARC Token Presale Led by a16z
Circle Internet Group agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z Crypto, valuing the Arc blockchain network at $3 billion on a fully diluted basis.
The New York Stock Exchange-listed issuer of the USDC stablecoin disclosed the token presale Monday alongside its first-quarter 2026 results, which showed higher revenue and reserve income but lower net income.
The round was led by a16z Crypto and backed by a consortium including BlackRock, Apollo Funds, ARK Invest, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group and Standard Chartered Ventures.
Circle entered into the token purchase agreements on Friday, agreeing to sell the ARC tokens at $0.30 each in a private placement exempt from registration under the US Securities Act of 1933.
The sale marks a major step in Circle’s effort to expand beyond stablecoin issuance into blockchain infrastructure, as the company seeks to build Arc into a settlement layer for stablecoin finance, tokenized assets and programmable financial markets.
Circle first introduced Arc in August 2025 as an open layer-1 blockchain focused on stablecoin finance. It also published a whitepaper on Monday, describing ARC as a “native coordination asset” designed to support governance, security and network operations on the system.
ARC token powers Circle’s “Economic OS” blockchain
Circle’s Arc whitepaper describes ARC as the native token of its layer-1 “Economic OS” blockchain built for stablecoin-based finance and tokenized markets.
The network uses a hybrid consensus approach, combining permissioned validators with a planned shift toward proof-of-stake (PoS) from the proof-of-authority (PoA) consensus model.

ARC’s five interconnected functions. Source: ARC
Circle said ARC has a fixed initial supply of 10 billion tokens allocated across three buckets, with about 60% going to the ecosystem for developers, grants and network growth, while 25% is reserved for Circle to support development, staking and governance participation.
The company said the remaining 15% is set aside as a long-term reserve to provide flexibility and stability during market stress or future network needs.
Related: Canton Network creator targets $300M in capital raise: Report
Circle’s Q1 revenue rises as USDC growth offsets higher costs
Circle’s financial performance in the first quarter was driven primarily by continued growth in USDC circulation and transaction activity.
USDC in circulation rose 28% year over year to $77.0 billion at quarter end, while onchain transaction volume surged 263% to $21.5 trillion. Total revenue and reserve income, which includes earnings from USDC reserves and other business lines, rose 20% to $694 million.

Source: Circle
Net income fell 15% to $55 million, as higher costs outweighed revenue growth. Operating expenses rose 76% to $242 million, driven mainly by post-IPO stock-based compensation and related payroll taxes, along with continued investment in product, distribution and infrastructure.
Even so, Circle’s underlying business performance improved, with adjusted EBITDA rising 24% to $151 million.

Circle (CRCL) stock price chart year-to-date. Source: Yahoo Finance
Circle (CRCL) shares were up around 3% in premarket trading to $116.7, extending recent gains, according to Yahoo Finance. The stock is up around 12.2% over the past month and more than 40% year to date.
Magazine: XRP ‘probably going to $12,’ Bitcoin ETFs add $1B: Market Moves
Crypto World
Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform
Ripple’s prime-brokerage unit announced Monday it closed a $200 million funding agreement with global investment firm Neuberger Berman to expand the margin it offers investors to trade in traditional and digital asset markets.
In its announcement, Ripple also said the funding will help support the ongoing growth of its multi-asset prime brokerage platform, Ripple Prime, citing increasing client demand for its institutional-grade services and margin financing solutions.
The crypto firm said that since it acquired Hidden Road and rebranded it as Ripple Prime in 2025, this platform’s revenue has tripled year over year. Neuberger Berman has approximately $570 billion in total assets under management (AUM).
Ripple acquired prime-brokerage Hidden Road for $1.25 billion, one of the largest deals in the history of the cryptocurrency industry. The company later agreed to buy treasury-management software provider GTreasury for $1 billion.
“Dependable access to financing and balance sheet strength are critical to institutional participants in today’s dynamic markets,” said Noel Kimmel, President of Ripple Prime. “This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency.”
Kimmel said that apart from the funding, Neuberger Specialty Finance brings deep expertise in asset-based finance and a strong understanding of Ripple Prime’s services and business model.
“Ripple Prime has built an innovative brokerage platform combining fintech-grade technology and agility with bank-level compliance and operational rigor,” said Peter Sterling, Head of Neuberger Specialty Finance.
Institutional investors are getting increasingly more involved in crypto assets, in part due to the U.S. President Donald Trump’s Administration’s drive for more crypto-friendly rules and regulations.
State Street Corp. announced a digital-asset platform earlier this year, while Standard Chartered Plc has plans to set up a prime brokerage for crypto trading.
Ripple also raised $500 million, giving the firm a $40 billion valuation, with backing from Fortress Investment Group and Citadel Securities. That capital was used to boost Ripple’s expansion into custody, stablecoins and prime-brokerage services.
Crypto World
Ripple (XRP) Makes a $200 Million Move to Strengthen Institutional Ties
The company behind XRP and RLUSD has announced its latest push toward increasing its presence in institutional crypto finance, which comes with a $200 million boost.
Ripple said it has officially secured a substantial debt facility from funds managed by Neuberger Berman, signaling growing confidence from traditional finance giants in its expanding ecosystem.
Neuberger Private Markets, a division of Neuberger, has been an active and successful private markets investor for nearly 40 years, as it invests across strategies, asset classes, and geographies for a large number of sophisticated and renowned institutions and individuals globally.
The $200 million debt facility from funds managed by it will support the “continued growth of Ripple’s multi-asset prime brokerage platform,” which was renamed to Ripple Prime last year after the acquisition of Hidden Road.
The Brad Garlinghouse-led firm said the move comes as his company has enjoyed a steady increase in client demand for institutional-grade prime services and margin financing solutions.
Ripple Prime, which reportedly tripled its revenue in 2025, can draw up to $200 million from the facility to provide flexibility as client needs evolve.
“This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency. Neuberger Specialty Finance has deep expertise in asset-based finance and a strong understanding of our business model, and its support reflects the differentiated prime services platform we have built and the many growth opportunities available to us,” commented Ripple Prime’s President, Noel Kimmel.
Kimmel added that dependable access to financing and balance sheet strength are “critical to institutional participants in today’s dynamic markets.”
Peter Sterling, Head of Neuberger Specialty Finance, noted that Ripple Prime has evolved into an “innovative brokerage platform combining fintech-grade technology and agility with bank-level compliance and operational rigor.”
The post Ripple (XRP) Makes a $200 Million Move to Strengthen Institutional Ties appeared first on CryptoPotato.
Crypto World
Ethereum News: Foundation Unstakes $49.6M in ETH for Treasury Rebalancing Just Now
The Ethereum Foundation unstaked 21,271 ETH worth approximately $49.66 million just now, marking its largest ETH unstaking news in the first half of the year. The stated purpose is treasury rebalancing by freeing operational liquidity to cover protocol development costs and the Foundation’s ongoing ecosystem grants cycle.
ETH price action remained largely neutral in the hours following the disclosure. The muted response reflects market confidence in the Foundation’s routine rebalancing posture.
Arkham Intelligence’s on-chain tracking confirmed the ETH originated from Lido staking positions. The Foundation had been approaching a self-imposed cap of 70,000 staked ETH before executing the partial unwind.
Post-transaction, total staked holdings dropped from near that ceiling to approximately 52,965 ETH, still a significant staking position, but with nearly $50 million now sitting liquid in the Foundation’s treasury wallet.

No exchange deposit addresses have been flagged as destinations. The ETH unstaking was processed via the conversion of wstETH through Lido’s unstETH contract, consistent with the Foundation’s prior April transaction involving 17,035 ETH, worth $40 million at the time.
As of now, no official statement has accompanied the move; the Foundation’s standard practice is on-chain transparency over press releases for routine treasury operations.
Discover: The best pre-launch token sales
Will the Ethereum Treasury Rebalancing News Add Sell Pressure to ETH?
At current ETH prices, 21,271 ETH represents a small fraction of the circulating supply. OTC desks typically distribute 10–25% of a position per day to avoid open-market impact. If that pattern holds, any liquidation would be spread over days, keeping direct exchange inflow metrics clean.

ETH is trading near levels that some analysts believe are structurally undervalued relative to upcoming protocol catalysts. Fundstrat’s Tom Lee has outlined a $22,000 ETH price target tied to institutional inflow cycles, a thesis that makes the Foundation’s periodic sell activity look marginal in the context of larger demand drivers.
A clean hold above current support keeps that longer-range scenario intact. A confirmed exchange dump from the Foundation’s treasury address would shift the short-term setup bearish, targeting the next demand zone roughly 8–12% lower.
This is not the first time the news on Ethereum Foundation has executed a significant ETH unstaking event. The April 2026 transaction of 17,035.326 ETH, which moved from a Lido staking contract to the Foundation treasury, established the immediate precedent.
Discover: The best crypto to diversify your portfolio with
Ethereum Ecosystem Upside Still Concentrated Early-Stage
What the Foundation’s treasury moves signal, above all, is that smart money in the Ethereum ecosystem is actively managing exposure, taking liquidity where it exists and redeploying toward development priorities.
For those watching that same ecosystem, the asymmetric upside is increasingly concentrated in early-stage infrastructure projects where price discovery hasn’t happened yet.
Bitcoin Hyper ($HYPER) is positioning itself at that point, billing itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, targeting faster-than-Solana transaction finality while preserving Bitcoin’s security layer. It acts as Ethereum with Solana speed and Bitcoin security.
The presale has raised $32.5 million at a current price of $0.0136, with staking available for early participants. Bitcoin’s programmability problems, like slow transactions, high fees, and no smart contracts, are solved at the infrastructure level rather than patched at the application layer.
Research Bitcoin Hyper’s full presale terms before the presale concludes.
The post Ethereum News: Foundation Unstakes $49.6M in ETH for Treasury Rebalancing Just Now appeared first on Cryptonews.
Crypto World
Inhibrx Biosciences (INBX) Stock Soars 17% Following Impressive Phase 2 Cancer Data
Key Highlights
- Shares of Inhibrx Biosciences climbed 17% Monday following encouraging Phase 2 clinical trial data for INBRX-106 in head-and-neck cancer treatment.
- The experimental therapy paired with pembrolizumab delivered a 44% objective response rate compared to just 21.4% for pembrolizumab monotherapy.
- Among evaluable patients, 11 of 25 responded in the combination therapy group versus 6 of 28 in the single-agent arm; the combination group also recorded three complete responses while the control arm had zero.
- Patients receiving combination treatment demonstrated T-cell proliferation levels up to 15 times greater than those treated with pembrolizumab alone.
- The company plans to initiate Phase 3 enrollment in Q3 2026, with progression-free survival outcomes anticipated by Q4 2026.
Shares of Inhibrx Biosciences (INBX) gained 17% Monday after the biotechnology company unveiled encouraging interim data from its Phase 2 HexAgon clinical study evaluating INBRX-106 for the treatment of head and neck cancer.
Inhibrx Biosciences, Inc., INBX
The equity had already experienced remarkable growth exceeding 1,000% during the previous year, fueled by favorable data from another oncology candidate, INBRX-109, announced in October.
The clinical study evaluated INBRX-106 — a hexavalent OX40 agonist compound — combined with pembrolizumab versus pembrolizumab administered as a single agent. The patient population consisted of first-line, treatment-naïve individuals with PD-L1 positive metastatic or unresectable recurrent head and neck squamous cell carcinoma.
The combination therapy arm achieved a 44% confirmed objective response rate. By comparison, the control arm receiving only pembrolizumab recorded a 21.4% response rate — representing a statistically meaningful 22.6 percentage point advantage.
The trial enrolled a total of 68 participants, with 33 assigned to the combination therapy arm and 35 to the control group. Of these, 53 patients comprised the evaluable population for efficacy analysis.
Within that evaluable cohort, 11 of 25 patients treated with the combination regimen demonstrated responses. In the pembrolizumab-only group, six of 28 patients responded.
Notably, three patients in the INBRX-106 combination arm achieved complete responses. The control arm recorded zero complete responses.
Immune Cell Activity Reinforces Clinical Findings
Beyond the headline response metrics, the immunological data proved particularly compelling. Patients treated with the combination therapy exhibited up to a 15-fold mean elevation in CD8+ and CD4+ T-cell proliferation compared to baseline. Patients receiving pembrolizumab monotherapy showed increases reaching only 2.5-fold.
According to Inhibrx, this biological evidence provides mechanistic validation for the clinical outcomes — demonstrating that the underlying immune system activation aligns with the patient benefit observed in the trial.
CEO Mark Lappe expressed that the company was “greatly encouraged by these early clinical results,” highlighting specifically the quality and depth of responses being documented at this stage.
Toxicity Profile Deemed Acceptable
The combination regimen produced a safety profile that company officials characterized as manageable and aligned with expectations for dual immunotherapy approaches.
The most frequently observed treatment-related adverse events included rash, diarrhea, fatigue, and infusion-related reactions. The majority of these events were categorized as low-grade in severity.
Neither treatment arm reported any deaths attributed to the study medications.
Inhibrx indicated that progression-free survival outcomes from the Phase 2 segment are projected for release in Q4 2026.
The Phase 3 component of the HexAgon study is scheduled to commence patient enrollment during Q3 2026.
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