Invest ideasNews
7 May 2026, 22:13
Bitcoin surges 5 percent as bear market ends above 76,000
🚀 Bitcoin closed April above $76,000 and is up 5 percent in May. Tom Lee says three straight months of gains confirm the end of the $BTC bear market. ✨ Critical data: Stablecoin volumes now surpass Visa worldwide. Continue Reading: Bitcoin surges 5 percent as bear market ends above 76,000 The post Bitcoin surges 5 percent as bear market ends above 76,000 appeared first on COINTURK NEWS .
7 May 2026, 21:54
IREN focuses on its expansion plans as Q3 revenue misses on weaker bitcoin price
More on IREN Limited IREN: Show Me The AI Revenue IREN Limited: The Moat Has Shifted; It's No Longer A Mining Story IREN: I Am Still Bullish Despite The Prove-It Phase IREN Limited reports Q3 results IREN to acquire Spain’s Nostrum Group, partners with Nvidia on AI infrastructure
7 May 2026, 21:49
JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395
Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan. The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its next move may be a larger, faster round of acquisitions. Strategy Could Outpace Past Bitcoin Buying Strategy currently holds more than 818,000 Bitcoin, according to BitcoinTreasuries.net. Purchases have been active throughout 2026: the company reportedly added over 145,000 BTC in just five months, which is estimated at roughly $11 billion. JPMorgan analysts, however, said that amount could rise substantially. Under their view, Strategy’s Bitcoin purchases this year could reach $30 billion over the course of the year. At today’s implied annualized pace, that would put 2026 purchases far above the roughly $22 billion acquired across 2024 and 2025 combined. Related Reading: VanEck Forecast: Bitcoin Could Climb To $1,000,000 By 2031, Research Head Says JPMorgan pointed to a change in momentum in April, saying Strategy “appears to have re-accelerated its bitcoin purchases.” The analysts tied the behavior to what they described as an increasingly opportunistic buying pattern. The optimism around Strategy’s plan also showed up in analyst price targets. On Thursday, TD Cowen raised its target price for the company’s stock, MSTR, from $385 to $395. As of the time of writing, MSTR closed at $179, translating to an 18% gain since the beginning of the year. If TD Cowen’s forecast were to play out, the implied move would represent about a 120% jump from current levels. Net Loss Vs. Big Forecast Analysts also highlighted the financing approach by Strategy behind the acquisitions. They say the firm’s increased use of STRC (variable-rate perpetual preferred stock) to fund Bitcoin purchases could improve capital efficiency, making it more attractive relative to prevailing market pricing. Still, the company’s latest financial picture includes major losses. Strategy reported a net loss of $12.54 billion for the quarter, driven largely by an unrealized decline in Bitcoin fair value of $14.46 billion. Related Reading: This New Move Just Opened XRP To 44 Million New Users Looking ahead, the base case and scenarios for Strategy reflect a bullish outlook. The firm’s base case is that Bitcoin could reach approximately $140,000 by the end of 2026, with an upside scenario of about $175,000. Separately, Joseph Vafi at Canaccord Genuity reiterated a Buy rating on May 7, lifting his MSTR price target from $185 to $224. Canaccord noted that since Bitcoin has rebounded—moving up from its roughly $62,000 low to more than $80,000—Strategy has continued to “weather another perceived storm. Featured image created with OpenArt, chart from TradingView.com
7 May 2026, 21:35
Deepfake MrBeast ad drains $14,000 from Guelph victim
A woman in Guelph, Ontario, just lost $14,000 to scammers who used MrBeast’s face and voice to sell her on a fake crypto investment. According to local police, she clicked a social media ad, paid an initial fee, and then kept sending money as the fraud spiraled. Scammers impersonated MrBeast on the phone The victim started by paying $250 to join what looked like a legit investment opportunity backed by the YouTube star. MrBeast is famous for his over-the-top challenge videos and massive cash giveaways, so the pitch probably felt plausible at first. But things escalated fast. There was a time she got a call from a person she actually believed was MrBeast. That person convinced her to deposit $5,000 into a crypto wallet he gave her. Her total loss was $14,000. Guelph police are now warning residents to treat celebrity endorsements of financial products with serious skepticism. AI makes it stupidly easy to fake voices and faces these days. “Residents are encouraged to be wary of any telephone call, email, or text that requires you to take immediate action.” Jimmy Donaldson, aka MrBeast, has dealt with AI impersonations for a while now. Back in October 2023, he posted on X, calling deepfake ads using his likeness “a serious problem.” One AI-generated video showed him appearing to offer free iPhones to anyone who sent him $2, according to Cryptopolitan’s reporting . The Guelph case is not the only one. It’s part of a wider trend of AI-powered celebrity fraud hitting Canadians. In April 2026, CBC fact-checked a deepfake video of Prime Minister Mark Carney that showed up in YouTube ads promoting a crypto get-rich-quick scheme. The fake ads even linked to fabricated articles to make themselves look credible. Canada cracks down on crypto ATMs The federal government is trying to get rid of one of the main ways scammers steal from victims. Ottawa announced plans to ban crypto ATMs altogether in late April 2026. The decision followed a CBC Toronto investigation that exposed how the ATMs were being used as vehicles for fraud. The investigation included victims who fell for scammers’ ploy to get victims to insert cash into crypto ATMs, resulting in thousands lost. Toronto Police Detective David Coffey from the Financial Crimes Unit was among those calling for a ban during the original reporting. Canadian authorities advise victims to contact local police and the Canadian Anti-Fraud Center right away. The combo of AI voice cloning, deepfake video, and crypto’s irreversible transactions makes these scams brutal to recover from once you’ve sent the money. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
7 May 2026, 21:25
Coinbase Q1 Revenue Falls Short of Expectations as Crypto Trading Slows
BitcoinWorld Coinbase Q1 Revenue Falls Short of Expectations as Crypto Trading Slows Coinbase (COIN) reported first-quarter total revenue of $1.41 billion, falling short of the market consensus of $1.52 billion. The earnings miss comes as trading activity and investor sentiment declined amid falling cryptocurrency prices. Revenue Breakdown Misses Across the Board The cryptocurrency exchange reported trading revenue of $758 million, below the expected $805 million. Subscription and services revenue also came in at $583 million, missing the forecast of $619 million. These results indicate that despite Coinbase’s efforts to diversify revenue streams beyond transaction fees, the company remains sensitive to broader market conditions in the crypto space. Market Context and Investor Reaction Media outlets attributed the weaker-than-expected results to declining cryptocurrency prices during the first quarter, which negatively impacted trading volumes and investor enthusiasm. Following the earnings release, COIN shares traded at $184.15 in after-hours trading, down 4.57%. The decline reflects investor disappointment as the company failed to meet expectations across its primary revenue categories. Implications for the Crypto Industry Coinbase’s earnings serve as a bellwether for the broader cryptocurrency market. When trading volumes drop on the largest U.S.-based exchange, it signals reduced retail and institutional participation. The miss on subscription and services revenue is particularly notable, as it suggests that even recurring revenue streams are vulnerable during market downturns. This may prompt analysts to reassess growth projections for crypto-related companies in the coming quarters. Conclusion Coinbase’s first-quarter earnings highlight the ongoing challenges faced by cryptocurrency exchanges in a volatile market. While the company has made progress in building a subscription-based revenue model, its core business remains tied to trading activity. Investors and industry observers will be watching closely to see how Coinbase navigates the current downturn and whether it can regain momentum in the second half of the year. FAQs Q1: Why did Coinbase miss revenue estimates? Coinbase missed revenue estimates primarily due to lower trading volumes and subscription revenue, which were impacted by declining cryptocurrency prices during the first quarter. Q2: How did the stock react to the earnings miss? COIN shares fell 4.57% in after-hours trading to $184.15, reflecting investor disappointment with the results. Q3: What does this mean for the cryptocurrency market? Coinbase’s results are often seen as a proxy for overall market health. The revenue miss suggests reduced trading activity and investor caution, which could signal a broader slowdown in the crypto market. This post Coinbase Q1 Revenue Falls Short of Expectations as Crypto Trading Slows first appeared on BitcoinWorld .
7 May 2026, 21:22
Stocks to watch on Thursday after hours: COIN, NET, OPEN, EXPE
More on Coinbase, Opendoor Technologies, etc. Cloudflare Q1 Preview: Up 90% Since My Buy Call, But You're Too Late (Rating Downgrade) Expedia Group: Price Recovery In Line With Valuation And Strategic Business Model Cloudflare: Developer Platform Driving Stronger Growth Expedia drops despite Q1 beats; Q2 and 2026 revenue guidance include consensus Opendoor stock advances as adjusted EBITDA run rate turns profitable as of April 1
