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Broadcom Stock Dropped 15% Despite a Record Quarter and AI Revenue
- Broadcom stock fell about 16% even after record revenue of $22.2 billion and a 143% jump in AI chip sales
- Gross margin slipped to 77.1% and guides to about 74% next quarter, as lower-margin AI chips dilute the blended profit on every sale
- Institutional money flow faded before the print and crypto-native smart money is fully short, showing caution that the record headlines did not
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Should Investors Still Watch Crypto Amid AI IPOs, War Tensions, and $4 Billion ETF Exit?
- Bitwise CIO Matt Hougan says crypto has shifted from a momentum trade to a contrarian bet as AI stocks dominate investor attention
- Bitcoin is down 21% year to date as $4.21 billion exits crypto funds over three weeks amid US-Iran tensions
- Hyperliquid, BNB, Zcash and Stellar all gained in May while Bitcoin, Ethereum and Solana fell — signalling a rotation toward fundamentals
Bitcoin Falls to 4-Month Low, But Analysts Eye a Cycle Bottom
- Bitcoin fell to a 4-month low near $61,500 as liquidations topped $1 billion.
- Compass Point says long-term holders sold $2.4 billion, signaling a late-stage bear market.
- Scott Melker noted conditions resembling previous Bitcoin cycle lows.
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Delphi Says Airdrops Are Over as 94% of Wallets Dump Within 90 Days
- Delphi finds 78% to 94% of airdrop wallets sold within 90 days.
- The study tracked 3.7 million wallets across six major tokens.
- MegaETH and Pendle now tie token economics to protocol performance.
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Best Unified Crypto Data APIs in 2026
Compare the best unified crypto data APIs in 2026. Wallet, portfolio, DeFi, market data, and AI-ready endpoints reviewed for developers and product teams.
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Will Bitcoin Fall Below $60,000 in June? Prediction Markets Lean Yes
- Crypto leads Polymarket notional volume in early June, topping every other category
- Top bets call for Bitcoin below $60,000 in June and $55,000 this year
- On-chain liquidation and realized-price data back the bearish prediction markets bets
Coinbase Freezes $3 Million in Crypto Tied to Asian Scam Networks
- Coinbase froze over $3 million in crypto tied to Southeast Asian scam networks.
- The freeze was part of the DOJ's Disruption Week with private firms.
- Industry partners froze $3.8 million total and disrupted 1.4 million accounts.
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The FBI Made a Token to Catch Criminals. Crypto Bought It Anyway — 19x
A token built by the FBI to catch criminals just pumped 19x because I tweeted about it. Here’s what that says about a market that can’t tell a warning from a shill.
Uber Cuts 23% of People Team While Distancing Move From AI
- Uber is cutting 23% of its People division, hitting HR and recruitment roles.
- CEO Dara Khosrowshahi says the cuts will sharpen the People team's effectiveness.
- Uber insists the layoffs do not stem from artificial intelligence.
