Invest ideasNews
19 May 2026, 16:20
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
Canaan shares fell after the Bitcoin mining company disclosed an $88.7 million first-quarter net loss, its second straight negative period.
19 May 2026, 16:00
Lolli Partners With Kard to Enable Automatic Bitcoin Rewards on Everyday Card Purchases
BitcoinWorld Lolli Partners With Kard to Enable Automatic Bitcoin Rewards on Everyday Card Purchases Bitcoin rewards platform Lolli has announced a partnership with independent commerce media network Kard to launch a new card-linked Bitcoin cashback service. The integration allows users to link their existing debit or credit cards and automatically earn Bitcoin when making purchases at thousands of affiliated merchants, without needing to manually activate individual offers. How the New Bitcoin Cashback Service Works Through the partnership, Lolli users can connect their payment cards directly within the platform. Once linked, purchases at participating merchants trigger automatic Bitcoin rewards credited to the user’s Lolli wallet. The company emphasized that the new system eliminates the friction of manually browsing and activating offers, making Bitcoin accumulation more passive and accessible for everyday spending. The service represents Lolli’s most significant product upgrade since its acquisition by Thesis, a Bitcoin-focused venture studio, in July 2024. Thesis is known for backing other Bitcoin-native projects, including the Fold rewards app and the bitcoin mining pool Imperium. The acquisition signaled a broader push to integrate Bitcoin rewards into mainstream financial tools. Why This Matters for Crypto Rewards Adoption Card-linked rewards programs are not new in traditional finance, but their application to cryptocurrency rewards has been limited by complexity and low merchant adoption. Lolli’s partnership with Kard addresses both issues. Kard operates a large independent commerce media network that connects brands with consumers through card-linked offers, giving Lolli immediate access to a broad merchant ecosystem. For users, the value proposition is straightforward: they earn Bitcoin on purchases they would make anyway, without changing spending habits or managing multiple apps. For merchants, the model provides a performance-based marketing channel where they pay only for completed sales, not impressions or clicks. Industry Context and Competitive Landscape Lolli is not alone in the Bitcoin cashback space. Competitors like Fold, Strike, and the now-defunct Lolli competitor Bitrefill have offered similar services, though with varying levels of automation and merchant reach. What sets Lolli’s new offering apart is the combination of automatic card linking and the scale of Kard’s merchant network, which spans thousands of brands across retail, travel, dining, and entertainment. The move also reflects a broader trend in cryptocurrency adoption: shifting from speculative trading to utility-driven use cases. Rewards programs that integrate seamlessly into existing financial behavior are seen as a lower-barrier entry point for mainstream consumers who may be hesitant to buy Bitcoin directly. Conclusion Lolli’s partnership with Kard marks a practical step forward in making Bitcoin rewards more accessible to everyday consumers. By removing the need for manual activation and leveraging an established card-linked offer network, the platform lowers the friction for earning cryptocurrency on routine spending. As the crypto rewards space matures, integrations like this may play a key role in driving broader adoption among users who prioritize convenience and passive earning potential. FAQs Q1: Do I need to sign up for a new credit card to use Lolli’s automatic Bitcoin rewards? No. You can link an existing debit or credit card to your Lolli account. The service works with most major card networks. Q2: Are there any fees for using the card-linked Bitcoin cashback service? Lolli does not charge users fees for earning Bitcoin rewards. The service is funded by affiliate commissions from merchants. Q3: How long does it take for Bitcoin rewards to appear in my Lolli wallet? Rewards are typically credited within a few days after the purchase is confirmed by the merchant, though timing can vary depending on the merchant’s settlement process. This post Lolli Partners With Kard to Enable Automatic Bitcoin Rewards on Everyday Card Purchases first appeared on BitcoinWorld .
19 May 2026, 15:36
Crypto mining stocks suffer brutal quarterly slump
Crypto mining stocks reflect one of the worst quarters for mining revenues. The post-halving earnings offset the expectations of future AI compute revenues for some of the mining companies. Crypto mining stocks showed relative strength compared to BTC and other sectors, but could not escape the pressure of falling revenues. Most of the leading mining companies ended Q1 with losses. Ticker Company Name Q1 2026 Revenue Q1 2026 Net Income / (Loss) Reported EPS MARA MARA Holdings, Inc. Not Disclosed ($1.26 Billion) -$0.61 RIOT Riot Platforms, Inc. $167.2 Million ($500.5 Million) -$2.58 CLSK CleanSpark, Inc. $181.2 Million ($378.7 Million) -$1.35 CORZ Core Scientific, Inc. $115.24 Million ($347.19 Million) -$0.10 HUT Hut 8 Corp. $71.0 Million ($253.1 Million) Not Disclosed KEEL Keel Infrastructure $37.0 Million ($145.0 Million) Not Disclosed ABTC American Bitcoin Corp. Not Disclosed ($81.79 Million) The weakened performance of mining stocks also served as a gauge for crypto sentiment. The diminished mining activity and revenues, as well as the selling of treasuries, suggest crypto mining may be phased out or left for legacy purposes. The weakening mining revenues may weigh down most of the AI pivot stocks, diminishing the potential returns from future AI data centers. Mining revenues are dropping significantly, while BTC hovers around $77,000. As of May 2026, there are less than 100,000 BTC blocks to the next halving in April 2028, which will cut the block reward to around 1.6 BTC. Can crypto mining stocks still benefit from BTC? Crypto mining companies often retain their mining fleets, while also planning their AI compute centers. Most companies have well-established access to local power grids. Mining is also a flexible activity, which can be switched on or off depending on profitability. A shift to AI may mean a weakening competition among miners, and more profits for remaining mining facilities. As Cryptopolitan reported, most mining companies aim to accelerate their shift to AI compute. Currently, Cipher Mining and HUT-8 are outperforming BTC strongly, while other mining stocks have an almost direct correlation with the price of BTC. Crypto mining stocks may remain flexible, offering bigger upside than crypto. Those stocks may benefit from both AI growth and a crypto recovery. As of May 2026, miners can reach breakeven if they have access to extremely cheap electricity of $0.02 per KWH. Most miners cannot access those lower prices, and only produce blocks in distress. Most miners have been producing BTC in distress since March, based on the hash ribbon indicator . Which crypto mining stocks are the outliers? Some crypto mining stocks invite additional attention. IREN (Nasdaq: IREN) is still up 447% for the past 12 months, although weakening to $47.76 in the past weeks. The outliers as of May 19 include TerraWulf (Nasdaq: WULF), up 85% for the year to date. Other top gainers for 2026 include HUT, RIOT, CORZ, APLD, and CLSK. Mining stocks are still closely watched for potentially viable AI pivots and additions of AI centers alongside mining locations. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
19 May 2026, 15:35
Million Drops Promo Goes Live on Dexsport With €70,000 in Random In-Game Rewards
Dexsport has recently launched its new Million Drops: Blooming Cash campaign, introducing a €70,000 prize pool distributed through random in-game cash drops across more than 150 BGaming titles. The promotion runs from May 1 through May 31, 2026, and replaces traditional leaderboard mechanics with instant randomized rewards available to all participants. 💸 €70,000 Prize Pool – spring just got juicyBGaming’s Million Drops: Blooming Cash is live on Dexsport right now 🔥📅 From May 1 to 31, random cash drops can hit any spin on those fire slots – no leaderboard, no minimum bet, just pure surprise wins pic.twitter.com/xUgHfFsrZy — Dexsport (@Dexsport) May 7, 2026 The campaign is built around a simple concept: players spin eligible games as usual, while random cash prizes can appear directly during gameplay. There are no rankings, wagering races, or competitive requirements tied to the distribution model. According to Dexsport, every eligible spin carries an equal chance of triggering a reward, regardless of bet size, session duration, or player status. Dexsport.io is a licensed crypto-native sportsbook and casino platform supporting over 10,000 games, decentralized wallet access, and no-KYC onboarding. €70,000 Prize Pool Distributed Across Multiple Reward Tiers The Blooming Cash campaign includes thousands of individual prize drops ranging from €5 to €1,000. Prize Breakdown €1,000 — 5 prizes €500 — 10 prizes €100 — 75 prizes €50 — 180 prizes €20 — 525 prizes €10 — 1,450 prizes €5 — 3,700 prizes The structure heavily favors broad distribution, with smaller but frequent drops forming the majority of rewards while still reserving several high-value payouts for larger wins. According to the platform, the design is intended to engage different player segments simultaneously: Casual players can target smaller €5–€10 rewards Mid-tier users have access to €20–€100 drops Higher-volume players remain eligible for €500–€1,000 prizes Unlike tournament-based casino campaigns, rewards are not allocated based on turnover or leaderboard position. No Minimum Bet Requirement One of the central mechanics of the campaign is the absence of a minimum bet threshold. Players can participate using any stake size across the eligible BGaming titles included in the event. Dexsport states that reward eligibility is not influenced by: Bet amount Session frequency Time spent playing Overall wagering volume This removes many of the entry barriers commonly associated with large promotional campaigns in online gambling. Instant Rewards Integrated Into Gameplay All winnings are credited automatically once triggered. Players do not need to manually activate rewards or submit claims after receiving a drop. Dexsport says prizes appear directly within the gameplay interface through animated notifications and integrated reward tracking. The system also includes: Real-time campaign information through an on-screen icon Access to reward history and statistics Built-in visibility into campaign rules and active drops The promotion is integrated directly into participating games rather than hosted through a separate leaderboard portal. 150+ BGaming Titles Included The Million Drops: Blooming Cash campaign currently supports more than 150 games developed by BGaming. BGaming has become increasingly active in crypto gambling ecosystems over the last several years, particularly across Web3-oriented casinos and decentralized betting platforms. Dexsport’s casino ecosystem currently includes more than 10,000 games from providers such as Pragmatic Play, Evolution Gaming, NetEnt, Play’n GO, and PGSoft. The platform also supports multi-chain crypto betting with over 40 supported cryptocurrencies, wallet-based onboarding, and blockchain-based bet tracking. More Bonus Promotions from Dexsport Dexsport is a licensed crypto sportsbook and casino platform focused on anonymous betting, multi-chain payments, and transparent on-chain gaming. The platform supports more than 10,000 casino games alongside a full sportsbook covering football, basketball, MMA, esports, tennis, horse racing, and other major markets. Unlike traditional betting platforms that require full identity verification before withdrawals, Dexsport allows instant access through DeFi wallet connections without mandatory KYC. The platform currently supports more than 40 cryptocurrencies across 20 blockchain networks, including Bitcoin, Ethereum, USDT, BNB, and TRON. Deposits and withdrawals are processed directly through crypto infrastructure, removing dependence on banks and traditional payment processors. Dexsport operates under a license issued by the Government of the Autonomous Island of Anjouan, Union of Comoros, and has undergone security audits by CertiK and Pessimistic. The platform also emphasizes transparency through public on-chain bet tracking and a live betting desk that allows users to verify wagers and outcomes in real time. Beyond the Million Drops campaign, Dexsport runs several ongoing promotions, including: 480% bonus across the first three deposits up to $10,000 300 free spins for casino users 60% sportsbook free bets on first deposits Weekly cashback up to 15% paid in stablecoins Sports Club rewards for active bettors The Blooming Cash campaign adds another layer to a broader ecosystem that already includes cashback programs, sportsbook bonuses, free bets, and themed event promotions tied to major sports and blockchain events. The Million Drops: Blooming Cash campaign remains active until May 31, 2026. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
19 May 2026, 15:13
Canaan falls 13% as Bitcoin mining pressure hits Q1 results & soft forecast
More on Canaan Canaan GAAP EPADS of -$0.13, revenue of $62.7M; gives Q2 outlook Quant snapshot: Baozun, Sohu among top-rated names as Sol Strategies, Arqit Quantum lag Seeking Alpha’s Quant Rating on Canaan Historical earnings data for Canaan Financial information for Canaan
19 May 2026, 14:49
Bernstein bets Bitcoin miners could become AI Infra giants
Research firm Bernstein turned bullish on a group of publicly traded Bitcoin miners. The firm suggests that the companies with large power footprints could benefit from a surge in demand for artificial intelligence infrastructure. The firm assigned Outperform ratings to four miners, shows a public report citing Bernstein research. The list holds the names of IREN Limited, Riot Platforms, CleanSpark, and Core Scientific. The brokerage’s note is not publicly available. However, reports mention that Bernstein views access to power and existing infrastructure as increasingly valuable. It enables the tech companies to expand investments in AI computing. This comes in after a surge in demand for data centers. Training and operating AI systems need a large amount of electricity, land, and cooling capacity. This has already created pressure on the already stretched power infrastructure in the United States. Core Scientific offers the strongest public example of this. Can AI revive Bitcoin miners? Of the four miners, Core Scientific has moved furthest into AI-related hosting through agreements with cloud computing company CoreWeave. Back in June 2024, the company said that it would provide roughly 200 megawatts (MW) of infrastructure to support CoreWeave’s high-performance computing operations. The company said at the time of agreement, it was expected to generate more than $3.5 billion in cumulative revenue over a 12-year term. However, Core Scientific later disclosed some additional expansions in the deal. Several Bitcoin miners have reportedly begun introducing themselves less as pure crypto operators. They are trying to present it more as owners of power-intensive computing infrastructure. IREN had stated that the company’s strategy spans both Bitcoin mining and AI cloud services. On the other side, Riot Platforms executives were reportedly discussing the opportunities in high-performance computing and AI. They look at it as a potential area for growth. Four miners highlighted by Bernstein Company Publicly disclosed infrastructure position AI/HPC activity publicly disclosed Bernstein view* IREN Large-scale data center operations in North America AI cloud strategy discussed in company materials Outperform Riot Platforms Major U.S. mining footprint and energy access Exploring AI and high-performance computing opportunities Outperform CleanSpark Expanding bitcoin mining operations No large AI hosting contract publicly disclosed Outperform Core Scientific Established data center infrastructure Signed multi-year CoreWeave agreements Outperform *Based on public reporting summarizing Bernstein research. The original note is not publicly available. This comes in when Bitcoin price is taking a hit. BTC price dropped by around 6% in the last 7 days. BTC is trading at $76,370 at the press time. It is running down by more than 12% on a YTD basis. Turning mining facilities into AI-ready data centers is not as easy as it might sound. GPU-based computing typically requires different cooling systems, networking equipment and power configurations. This is quite different than Bitcoin mining operations. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
