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Nvidia stock underperforms the semicondoctur sector by the largest margin in years

The statistics illustrate how much of an impact the initial artificial intelligence (AI) boom had on Nvidias stock, which gained roughly 171% in 2024.　　For comparison, the shares are currently up only 10% year-to-date in 2026, while SOX has shot up more than 55% in the same period.　　Microsoft threatens to surpass Nvidia as the most valuable company　　Additional pressure on Nvidia now comes from Alphabet (NASDAQ: GOOGL), which is closing in on Jensen Huang‘s firm in the race to become the world’s most valuable company.　　In comparison with Nvidia, Googles parent company has had an explosive run this year, rising around 45% since hitting the 2026 bottom at the end of March.　　As a result, it is approaching the top market capitalization spot for the first time in more than a decade, as it last held the position in 2016 before losing it to Apple (NASDAQ: AAPL).　　The news shift marks a broader change in Wall Street sentiment, with Alphabet emerging not only as a leading AI platform provider through Google Cloud, but also as a potential challenger to Nvidia in AI hardware.　　Goldman Sachs still bullish on Nvidia　　Be that as it may, analysts still appear positive on Nvidia. Notably, Goldman Sachs reaffirmed its ‘Buy’ rating

05-07

DOGE Created the Cycle, SHIB Expanded It — Little Pepe (LILPEPE) Now Targets the Next Phase of Meme Coin Growth

Crypto　　DOGE Created the Cycle, SHIB Expanded It — Little Pepe (LILPEPE) Now Targets the Next Phase of Meme Coin Growth　　The meme coin story did not begin with utility; it began with attention. Dogecoin turned a joke into a market phenomenon, delivering an overall growth of around 17,000% and building a market cap of $15.06 billion, with its entire 153.95 billion supply already in circulation.　　Shiba Inu took that idea further and scaled it. With an explosive 450,000% growth at its peak, SHIB introduced a more layered ecosystem approach while reaching a market cap of $3.61 billion. It is a massive supply, over 589 trillion tokens. It showed that meme coins could evolve beyond hype and still maintain community-driven momentum.　　Little Pepe Crosses $28M as Presale Momentum Tightens　　LILPEPE has begun to provide an answer by providing figures that cannot be ignored. The project is fast approaching its target of $28,775,000 by reaching almost $28,101,728 in its presale. Currently, in its Stage 13, the token has been valued at $0.0022, having reached 16,943,966,303 of the available 17,250,000,000 supply in this stage.　　The price after Stage 13 will rise to $0.0023, following an upward trend in price. Starting from an initial price of $0.001 in Stage

05-07

1inch Distances Itself From $6.7M TrustedVolumes Exploit

Tech　　1inch Distances Itself From $6.7M TrustedVolumes Exploit　　Security firms Blockaid and CertiK said the attacker exploited a publicly accessible function to register as an approved order signer before draining funds through malicious transactions. The stolen assets included Wrapped Ether, USDT, Wrapped Bitcoin, and USDC.　　TrustedVolumes Exploit Drains $6.7M　　TrustedVolumes, an independent market maker and resolver used by decentralized exchange aggregator 1inch Fusion, confirmed that it suffered a major that resulted in approximately $6.7 million in stolen crypto assets.　　The company revealed that the funds are currently spread across three Ethereum wallets, with two of the addresses holding roughly $3 million each and a third wallet containing close to $700,000. In a that was shared on X, TrustedVolumes said it was willing to engage in “constructive communication” with the attacker and appeared open to negotiating a bug bounty arrangement or another mutually acceptable resolution.　　The exploit first came to light after blockchain security firm Blockaid identified suspicious activity involving TrustedVolumes Ethereum-based swap infrastructure. According to Blockaid, the attack targeted a custom swap system controlled by TrustedVolumes and initially resulted in an estimated loss of around $5.87 million. The stolen assets reportedly included Wrapped Ether, USDT, Wrapped Bitcoin, and .　　The estimate later increased as more information became

05-07

Crypto Market Sees Steady Performance as $BTC Persists above $80K

The crypto landscape is moving steadily, as the latest 24-hour data reveals. Hence, the total crypto market capitalization has reached the $2.68T mark, showing a 0.54% decrease. However, the 24-hour crypto volume has surged by 1.98%, hitting $150.53B. At the same time, the Crypto Fear & Greed Index accounts for 49 points, expressing “Neutral” sentiment among the market participants.　　Bitcoin ($BTC) Drops by 0.53%, and Ethereum ($ETH) Sees 1.70% Dip　　Particularly, the flagship cryptocurrency, Bitcoin ($BTC), is now trading at $80,932.24. This price level highlights a 0.53% dip, while the market dominance of $BTC stands at 60.4%. Additionally, the leading altcoin, Ethereum ($ETH), discloses a 1.70% decrease as its price sits at $2,325.73. In the meantime, Ethereums ($ETH) market dominance is 10.5%.　　$GPM, $CAT, and $USDUT Lead Top Crypto Gainers of Day　　Apart from that, Gold Pump Meme ($GPM), $CAT, and Unstable Tether ($USDUT) are leading the list of today‘s top crypto gainers. Specifically, $GPM has jumped by 1703.35% to touch the price level of up to $0.01099. Subsequently, $CAT’s price is hovering around $0.02979, indicating a 1004.38% increase. Following that, an 862.34% surge has placed $USDUTs price at $0.0002572.　　DeFi TVL Slumps by 0.24%, While NFT Sales Volume Surges by 9.59%　　Simultaneously, the DeFi TVL

05-07

Indonesia Blockchain Week 2026: From Web3 Experimentation to Real-World Impact

Blockchain　　Indonesia Blockchain Week 2026: From Web3 Experimentation to Real-World Impact　　JAKARTA, INDONESIA — Indonesia Blockchain Week (IDBW), Southeast Asia‘s leading institutional Web3 conference, returns for its sixth edition on August 12–13, 2026, at the Jakarta International Convention Center. This year’s theme, “Turning Infrastructure into Impact,” highlights blockchains shift from experimentation to real-world deployment.　　Since its launch in 2019, IDBW has reached more than 50,000 participants across its ecosystem. The 2026 edition is expected to welcome over 12,500 attendees, alongside 100+ global speakers, 300+ exhibitors and partners, and representation from 25+ countries. Unlike other regional conferences, IDBW uniquely bridges policymakers, financial institutions, and leading builders in Southeast Asias largest digital economy, positioning the event as a convergence point where regulatory, institutional, and technological innovation meet.　　said Adytia Raflein, Co-Founder and Chairman of Indonesia Blockchain Week.　　IDBW 2026 convenes regulators, industry leaders, and builders through high-level dialogues, curated business matchmaking, and innovation programs such as hackathons and trading competitions, creating a platform where collaboration moves beyond discussion into action.　　Previous editions have featured global leaders such as Changpeng Zhao, Richard Teng, and Justin Sun, alongside senior Indonesian policymakers and regulators, including Teuku Riefky Harsya, Minister of Creative Economy of the Republic of Indonesia, and Hasan Fawzy from

05-07

Kind of Sad: Ripples Schwartz Hesitates to Share Bullish Crypto Views

Schwartzs hesitation to express optimism stems from intense scrutiny he receives whenever he discusses his personal portfolio (specifically his history of selling crypto assets).　　In an industry dominated by a “diamond hands” culture that shames taking profits, Schwartz has always been a vocal proponent of pragmatic risk management.　　The Ripple bet has defended his past decisions to sell off portions of his XRP, Bitcoin, and Ethereum, which are deemed to be rather controversial.　　“Everyone had the same opportunity to buy and sell XRP that I did. I did the same thing with bitcoin and ETH, and nobody seems to have a problem with that,” he explained. “I utterly reject the idea that selling is somehow morally inferior to buying and have advocated that everyone sell when its in their personal financial interest to do so.”　　He further noted that the rejection of self-sacrificial financial behavior was what initially attracted him to the early Bitcoin community in the first place.　　Schwartz has never shied away from discussing his missed windfalls. He views them merely as the cost of managing risk. He famously traded Bitcoin for 26 million XRP, only to sell a significant portion of it when the price hit $0.10. Holding millions of dollars in

05-07

Dogecoin slides 4%, bitcoin rally pauses as Iran ceasefire optimism lifts equities

The crypto rally took a pit stop on Thursday while equities kept zooming higher.　　Bitcoin traded at $80,945 in Asian hours, down 0.7% over 24 hours but still up 6.9% on the week. Ether (ETH) slipped 2% to $2,326, and was the major laggard, dropping 4.4% to $0.1106 after last weeks run took its 30-day return into the double digits.　　XRP and BNB held steadier, with XRP at $1.41 and BNB up 1.3% to $643. Solana zoomed 6.1% on the week to $88.06.　　The pullback came as global stock markets ripped to fresh records on U.S.-Iran ceasefire hopes, with reports indicating the two countries are working on a proposal to end the nearly 10-week conflict.　　The MSCI All Country World Index advanced 0.3% and MSCI‘s Asia gauge jumped 1.9% to a record, with Japan’s Nikkei 225 hitting an intraday high. South Korea passed Canada as the worlds seventh-largest equity market by value, with Softbank surging 18% and TSMC adding 3.3%. Wall Street gauges closed at all-time highs Wednesday with about 80% of S&P 500 companies beating earnings estimates, Bloomberg reported.　　Brent crude held under $102 a barrel on speculation a US-Iran deal would help resume oil shipments through the Strait of Hormuz, while gold zoomed

05-07

ETH Stuck Below $2.4K Despite Wider Crypto Market Recovery

Crypto Ethereum　　ETH Stuck Below $2.4K Despite Wider Crypto Market RecoveryA 50% drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses.　　Ether (ETH) has failed to sustain levels above $2,400 for the past three months, consistently lagging behind most of its peers. Ether‘s down 21% in 2026, and investors have expressed uncertainty about the altcoin’s inability to mirror the broader market recovery.　　The total cryptocurrency market capitalization is down 11% year-to-date, suggesting specific headwinds for Ether remain in play. A decline in decentralized applications (DApps) activity partially explains this fading interest. Regardless of whether this trend has affected the industry as a whole, the shift negatively affects ETH price formation.　　Decentralized exchanges (DEX) volumes fell by 53% in six months, a sector largely responsible for Ethereums DApps activity. Consequently, these DApps experienced a 49% decline in revenue over the same period. While the sharp drop in memecoin prices and token launches contributed to reduced DEX appeal, other factors, including protocol hacks, also played a significant role.　　Multiple hacks had a negative impact on DApp activity　　The cryptocurrency industry suffered in April, with KelpDAO and Drift

05-07

Crypto News From Consensus Miami: Arthur Hayes Latest Take on Bitcoin and Crypto Market

Bitcoin Crypto　　Crypto News From Consensus Miami: Arthur Hayes Latest Take on Bitcoin and Crypto Market　　Arthur Hayes arrived at Consensus Miami 2026 with another crypto news headline: $125,000. The BitMEX co-founder and Maelstrom CIO used his keynote slot at CoinDesks flagship crypto news conference, running May 5–7 in Miami, to lay out a liquidity-driven bull thesis for Bitcoin that cut against the cautious tone dominating broader markets this year.　　Bitcoin has been trading in a consolidation range around the $70,000–$80,000 band, with analysts watching those levels as the immediate battleground between bulls and bears.　　Hayes argued that Q1 2026 amounted to what he called a “no-trade zone,” shaped by a drawdown in U.S. tech stocks, SaaS names in particular, and a shock wave through the AI sector.　　???? BIG: At #Consensus2026, Arthur Hayes says Bitcoin is heading to $125,000 soon.@CryptoHayes pic.twitter.com/4eXtzIGgHk　　— The Crypto Times (@CryptoTimes_io) May 5, 2026　　The pivot, in his telling, came on February 28: a U.S.-Israel conflict with Iran triggered monetary accommodation, and Bitcoin has outperformed both the Nasdaq and gold from that date forward. Hayes also warned that 99% of altcoins could go to zero, while simultaneously defending their long-term role, an apparently contradictory stance that drew pointed audience questions.　　His broader

05-07

Quantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans

Tech　　Quantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans　　A study conducted in late 2024 pulled back the curtain on the “shill culture” permeating the Web3 ecosystem after revealing that a staggering 76% of X-based influencers leveraged their platforms to promote meme coins that have since collapsed. Even more damning, two-thirds of these digital assets are now deemed functionally worthless, leaving retail investors holding the bag for liquidated projects.　　The study further highlighted a bizarre inverse relationship between popularity and performance. Personalities with followings exceeding 200,000 yielded the most disastrous outcomes, with their calls resulting in an average 89% loss within a mere 90 days. These catastrophic returns underscore a dangerous reality: Many of these high-profile figures possess significant social reach but lack even the most foundational financial credentials.　　For critics and financial watchdogs, these figures serve as a definitive smoking gun for the necessity of stringent investor protection laws. The unchecked dissemination of speculative advice has prompted a legislative counter-offensive in key global markets like the United Arab Emirates and the United Kingdom.　　However, just as regulators begin to get a grip on human influencers, the goalposts have shifted. The rise of artificial intelligence influencers is creating a legal quagmire, as these

05-07

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