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Cloudflare Lays off 20% of Staff as AI Tools Replace Workers
Cloudflare just cut ~20% of its workforce. About 1,100 positions gone. This is because AI tools made those roles unnecessary, CEO Matthew Prince said. This happened during the company’s strongest quarter on record, with revenue hitting $639.8 million.Cryptopolitan
Sun, May 10
Blackrock Files for Two New Tokenized Funds with the U.S. SEC on Ethereum
BlackRock on Friday filed two applications with the U.S. SEC aimed at expanding its footprint in tokenized finance, marking the firm’s biggest push into blockchain-based investment products since the launch of its BUIDL fund in 2024.Cryptopolitan
Sun, May 10
WTI Retreats Below $92.50 on US-Iran Ceasefire Optimism Despite Ongoing Strikes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.45 during the early European trading hours on Friday. The WTI price attracts some sellers on optimism over a possible deal to end the war with Iran.
IREN Revenue Falls 22% to $145 Million as Bitcoin Miner Leans Harder into AI
IREN Limited (NASDAQ: IREN) has announced revenue fell to $144.8 million in the quarter ended March 31, 2026, down from $184.7 million in the prior quarter, as weaker Bitcoin economics collided with its ongoing buildout of AI Cloud capacity.Cryptopolitan
Fri, May 8
EUR/USD Edges Higher Above 1.1700 on Us-iran Peace Optimism, US NFP Data Looms
The EUR/USD pair posts modest gains around 1.1730 during the early Asian session on Monday, supported by growing optimism surrounding a potential US-Iran peace deal. Markets might turn cautious later in the day ahead of the highly-anticipated US Nonfarm Payrolls (NFP) report for April.
Fxstreet
Fri, May 8
AUD/JPY Price Forecast: Tumbles Below 113.00 on Suspected Yen Intervention, Uptrend Still Intact
The AUD/JPY cross tumbles to near 112.75 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) on suspected interventions from Japanese authorities.
Fxstreet
Wed, May 6
GBP/USD Stalls as US Dollar Drivers Dominate a Quiet UK Week
GBP/USD ended Tuesday near where it started, settling close to 1.3545 after a narrow session capped by resistance around 1.3550. Price has held a roughly 60-pip range across the past two sessions, with overlapping wicks pointing to a market lacking conviction in either direction.
Fxstreet
Wed, May 6
USD/JPY Rises as Yen Intervention Fades, Buyers Target 160.00
USD/JPY advances some 0.48% on Tuesday as the Greenback remained steady during the session following last Thursday’s intervention in the FX markets by Japanese authorities, which bought the Yen, with the pair tanking nearly 2.50% or almost 400 pips. At the time of writing, the pair trades at 157.91.
Fxstreet
Wed, May 6
US President Donald Trump: Project Freedom Paused Amid Progress Toward Iran Agreement
US President Donald Trump said that the US military will temporarily pause "Project Freedom" to restore freedom of navigation for commercial shipping through the Strait of Hormuz, the Guardian reported on Tuesday.Fxstreet
Wed, May 6
Is Bitcoin's four-year cycle dead?
Is the legendary boom-and-bust rhythm of Bitcoin finally breaking down, or are traders misreading the market? After surging to $126,000 and then dropping nearly 50% in a matter of months, Bitcoin is challenging one of its most trusted narratives: the four-year cycle.
Fxstreet
Thu, Apr 30
Meme Coins Price Prediction: DOGE surges, Shiba Inu, Pepe await breakout signals
Dogecoin (DOGE) extends its upward momentum on Thursday, trading above $0.106 and leading gains among major meme coins. Meanwhile, Shiba Inu (SHIB) and Pepe (PEPE) remain range-bound, signaling a pause in momentum as both meme coins consolidate near key resistance levels.
Fxstreet
Thu, Apr 30
Asian Stocks Mixed, Nikkei Declines on Rising Energy Prices
Asian equity markets are trading mixed on Wednesday, following overnight losses on Wall Street as investors digest the latest developments surrounding the Organization of the Petroleum Exporting Countries (OPEC), along with a report highlighting signs of weakness at OpenAI.Fxstreet
Wed, Apr 29
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