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Reach is an accessible blockchain development platform. It combines familiar syntax with compiling and deployment tools, enabling the launch of the next generation of Dapps.
Sharon AI and NVIDIA Reach 6-Year AI Computing Partnership, to Deploy 72MW Data Center with 40,000 GB300 GPUs
Sharon AI Holdings, a Nasdaq-listed company, announced a six-year strategic computing cooperation agreement with NVIDIA to jointly expand AI infrastructure capabilities in Australia.Under the agreement, the two parties will collaborate to build approximately 72MW of data center computing capacity and deploy infrastructure based on the NVIDIA DSX AI Factory architecture. The plan is to gradually scale up to 40,000 Grace Blackwell GB300 GPUs to meet the computing needs of AI startups, enterprise clients, and research institutions.The cooperation model adopts a structure combining revenue generation with credit support: Sharon AI will be responsible for selling cloud services based on NVIDIA's computing power, while NVIDIA, upon receiving hardware and basic product revenue, will also participate in a share of cloud service revenue, forming a sustainable "usage-driven revenue model."Sharon AI stated that this collaboration will significantly enhance its capital efficiency, enabling it to expand AI infrastructure capabilities without relying on traditional heavy-asset financing and accelerate the deployment of "sovereign AI computing power" in Australia. With this partnership, Sharon AI's total AI factory capacity will increase to 132MW, of which approximately 102MW is already contracted by clients. The company expects to deploy over 55,000 NVIDIA GPUs by mid-2027. (Businesswire)
Revolut Plans Secondary Stock Sale, Valuation Could Reach $115 Billion
According to Bloomberg, digital bank Revolut is planning to launch a secondary share sale, with the transaction valued at approximately $11.5 billion. Sources familiar with the matter said the move aims to provide early investors and employees with an avenue to monetize their shares. The formal process could begin as early as this month, though specific details have not yet been finalized, and the company is currently in preliminary discussions with potential investors.
CleanSpark Sold 654 BTC in May, Total Bitcoin Holdings Reach 13,470
Odaily Nasdaq-listed Bitcoin miner CleanSpark released its unaudited operational update for May 2026, disclosing a mining output of 671 BTC in May. However, during the same period, it sold 404 BTC from spot holdings and 250 BTC through option exercises. As of May 31, total Bitcoin holdings reached 13,470 BTC. CleanSpark also announced the appointment of a new Senior Vice President of Finance to strengthen financing capabilities for AI data center projects, aiming to transform into an AI and digital infrastructure platform. (Prnewswire)
GXD Labs and EquitiesFirst Reach Settlement on Celsius Claims, Involving $500 Million Payment
GXD Labs, a digital asset investment and advisory firm, has reached a settlement with global equity financing company EquitiesFirst regarding claims arising from a loan extended to the bankrupt crypto lending platform Celsius Network. Under the settlement agreement, the two parties will complete a total payment of $500 million and dismiss the adversarial litigation and related arbitration proceedings initiated since September 2023.It is reported that GXD Labs established the Blockchain Asset Recovery Investment Consortium (BRIC) in 2023. Subsequently, the organization was appointed by the debtor and the unsecured creditors' committee in the Celsius bankruptcy case as the administrator for complex asset recovery and litigation management. (Businesswire)
Anthropic Discloses Funding Documents: Q2 Revenue Expected to Reach $10.9 Billion, First-Time Operational Profitability
According to a report by WSJ, Anthropic's revenue is expected to reach $10.9 billion in the second quarter, more than doubling from $4.8 billion in the first quarter, and the company is projected to achieve operational profitability for the first time. However, due to its massive computing power demands, profitability may not be sustained throughout the entire year. The operating profit calculation has already factored in costs for training new models but excludes stock-based compensation expenses.As part of an ongoing funding round, Anthropic disclosed these figures to investors. This funding round is likely to push its valuation above that of OpenAI.Last summer, Anthropic shared financial data with investors, which at the time indicated that the company would not achieve full-year profitability until at least 2028.
Analysis: Model Predicts BTC Could Reach $255,000 This Year; Long-Term Valuation Range Upgraded to $308,000
According to Cointelegraph, Bitcoin has declined approximately 40% from its all-time high in October 2025, yet long-term valuation models indicate substantial upside potential remains. Based on the “Bitcoin Decay Channel” measurement of long-term trends, Bitcoin’s conservative year-end price range has been revised upward to $90,000–$255,000, with the high-end scenario reaching as high as $255,000. This model fits a logarithmic decay trend to historical cycle highs and lows, showing that BTC prices at the peaks of the 2013, 2017, and 2021 cycles all approached the upper channel boundary, while bear market bottoms fell near the lower boundary. Analyst Sminston stated that Bitcoin remains within a historic, long-term upward channel and noted that the price range for 2027 could further expand to $128,000–$308,000.
Zcash Foundation Q1 Report: Total Liquid Assets Reach Approximately $36.7 Million, ZEC Holdings Exceed 85,000 Coins
The Zcash Foundation released its Q1 2026 report, disclosing total liquid assets of approximately $36.7 million, including roughly $12.11 million in cash, 506,556 USDC, 85,412 ZEC (valued at ~$21.2 million), 41.8 BTC (valued at ~$2.85 million), and 12.02 ETH (valued at ~$25,000). The Zcash Foundation added that, although the first quarter of this year saw personnel changes within the Electric Coin Company’s development team and governance-related disputes, network operations remained unaffected, with transactions and block production continuing normally. On the regulatory front, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation without taking any enforcement action, thereby resolving long-standing regulatory uncertainty.
Standard Chartered: Estimates Tokenized On-Chain Assets to Reach $4 Trillion by End of 2028
OdailyOdaily reports that Standard Chartered expects the market capitalization of tokenized on-chain assets to reach $4 trillion by the end of 2028, split evenly between stablecoins and real-world assets.Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that established DeFi protocols with strong risk metrics will be the primary beneficiaries. The composability of DeFi is a core advantage, citing BlackRock's BUIDL fund, which has approximately $2.85 billion in assets under management, as an example. BUIDL allows investors to earn yield while using the fund as collateral and maintaining liquidity. The passage of the Clarity Act is seen as a near-term catalyst accelerating the shift from traditional channels to DeFi.Data shows that Aave, the largest DeFi lending protocol, once ranked 38th among US banks in terms of asset size. Daily on-chain stablecoin lending volume stands between $1.5 billion and $2 billion. The lending product offered by Coinbase in partnership with Morpho has reached a loan size of $1.75 billion. (The Block)
U.S. CFTC Chair: State-Level Lawsuits Over Prediction Markets Could Ultimately Reach the Supreme Court
: U.S. Commodity Futures Trading Commission Chairman Michael Selig stated at Consensus 2026 that the CFTC has filed lawsuits against regulatory agencies in approximately five to six states, including Arizona, Connecticut, Illinois, and New York. The core dispute revolves around the regulatory authority over prediction markets. He noted that if rulings diverge across different circuit courts, the relevant cases could ultimately be appealed to the U.S. Supreme Court.Michael Selig said that the Commodity Exchange Act has clearly granted the CFTC exclusive regulatory authority over commodity derivatives, and that event contracts for prediction markets are financial derivatives traded on federally regulated exchanges, fundamentally different from traditional entertainment venue models. He argued that some state-level regulators are attempting to challenge federal law through local regulations, and the CFTC will continue to file lawsuits against such actions.
Macroeconomic Outlook for Next Week | U.S.-Iran Tensions Reach a Critical Juncture; Nonfarm Payrolls Data Unlikely to Break Gold’s Stalemate
According to JIN10, U.S. President Trump criticized Tehran’s leadership for lacking unity, which he said is hindering agreement on ending the nine-week conflict that has triggered a global energy crisis. He stated that “Iran’s requests are ones I cannot accept,” though some traders interpreted this as a negotiating tactic rather than an abandonment of peace efforts. Investors will be watching for a new batch of U.S. corporate earnings reports and U.S. employment data. Below are the key market focus points for the coming week: Tuesday, 00:50: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Tuesday, 22:00: U.S. April ISM Non-Manufacturing PMI and U.S. March JOLTS Job Openings; Wednesday, 20:15: U.S. April ADP Employment Change; Wednesday, 21:30: Alberto Musalem, President of the Federal Reserve Bank of St. Louis and an FOMC voter in 2028, speaks on the economic outlook and monetary policy; Thursday, 01:00: Austan Goolsbee, President of the Federal Reserve Bank of Chicago and an FOMC voter in 2027, participates in a panel discussion at a conference; Thursday, 19:30: U.S. April Challenger Job Cuts; Friday, 02:05: Loretta Mester, President of the Federal Reserve Bank of Cleveland and an FOMC voter in 2026, delivers a speech; Friday, 03:30: John Williams, President of the Federal Reserve Bank of New York and a permanent voting member of the FOMC, delivers a speech; Friday, 22:00: U.S. May one-year inflation expectation (preliminary), U.S. May University of Michigan Consumer Sentiment Index (preliminary), and U.S. March wholesale sales (month-on-month). Forecasters expect the April nonfarm payrolls report—due next Friday—to show solid job growth.
U.S. Senators Reach Compromise on Stablecoin Yield Provisions, Potential Removal of Obstacles to the Clarity Act
U.S. lawmakers have reached an agreement on stablecoin yield provisions, a point of contention that had stalled the Clarity Act in the Senate for months. Senators Tom Tillis and Angela Alsobrooks have finalized the text of the related compromise. Section 404 of the agreement stipulates that crypto companies cannot offer interest or returns that are economically or functionally equivalent to bank deposits, but allows for incentives related to the use of genuine platforms.Coinbase CEO Brian Armstrong stated that the Senate Banking Committee should be urged to deliberate on the bill as soon as possible. This development could provide momentum for what has been a long-stalled review process. (The Block)
Digital Bank Revolut's IPO Valuation Could Reach Up to $200 Billion
Odaily News: According to sources, UK-based digital bank Revolut plans to seek a valuation between $150 billion and $200 billion in its future IPO, a significant increase from its previous $75 billion valuation. The company's CEO, Nik Storonsky, also revealed that Revolut is preparing for a new round of secondary share sale in the second half of 2026, with a potential valuation exceeding $100 billion. (Financial Times)Previously, Nik Storonsky stated that the company's listing timeline is at least two years away, potentially delayed until 2028 at the earliest, with no immediate IPO plans. He pointed out that Revolut is currently focusing on expanding its presence in the US market, including applying for a banking license to gain access to the Federal Reserve's payment system and expand its lending and credit card businesses. Meanwhile, the company has already obtained a full banking license in the UK.
“Brother Maji” Suffers Partial Liquidation Again on 25x Long ETH Position; Cumulative Losses Reach ~$35 Million
According to on-chain analyst Onchain Lens (@OnchainLens), “Brother Maji” has again suffered partial liquidations amid the market downturn; most of his 25x-leveraged long ETH position has been closed, resulting in cumulative losses of approximately $35 million so far.
“Set 10 Big Goals First” Trader Exits BTC Long Position at Stop Loss, Maximum Loss May Reach $5.467 Million
according to monitoring by crypto analyst Ai Yi @ai_9684xtpa, trader Jason60704294 has closed his BTC long position at a stop loss near $66,000.Based on different position sizes, if his actual holding is the previously disclosed 281.789 BTC long position (valued at approximately $19.09 million), the loss from this trade is about $500,000; if his actual position is 3,076.88 BTC (valued at approximately $208 million), the stop-loss loss from this trade is approximately $5.467 million.
Whale Associated with ShapeShift Adds $12.78M in ETH in 8 Hours, Total Holdings Reach $278M
according to Onchain Lens monitoring, an address labeled as the "ShapeShift Mystery Whale" purchased 6,688 ETH, valued at approximately $12.78 million, in the past 8 hours.Data shows that the address currently holds a total of 149,286 ETH, worth approximately $278 million at current prices. Onchain Lens stated that the address may continue to increase its ETH holdings in the future.
Bitcoin Whale Activity Hits 6-Week High, Large Transactions Over $100,000 Reach Highest Since April 22
Odaily Planet Daily reports that according to Santiment data, Bitcoin whale activity has reached its highest level in six weeks, with the number of large transactions exceeding $100,000 hitting a new high since April 22, when the BTC price dropped to $70,011.
Analysis: Model Predicts BTC Could Reach $255,000 This Year; Long-Term Valuation Range Upgraded to $308,000
According to Cointelegraph, Bitcoin has declined approximately 40% from its all-time high in October 2025, yet long-term valuation models indicate substantial upside potential remains. Based on the “Bitcoin Decay Channel” measurement of long-term trends, Bitcoin’s conservative year-end price range has been revised upward to $90,000–$255,000, with the high-end scenario reaching as high as $255,000. This model fits a logarithmic decay trend to historical cycle highs and lows, showing that BTC prices at the peaks of the 2013, 2017, and 2021 cycles all approached the upper channel boundary, while bear market bottoms fell near the lower boundary. Analyst Sminston stated that Bitcoin remains within a historic, long-term upward channel and noted that the price range for 2027 could further expand to $128,000–$308,000.
VanEck: Digital Credit Market Could Reach $2.5 Trillion in the Next Decade, BTC May Hit $1 Million
Odaily Odaily, analysts at VanEck, which manages $200 billion in assets, said Matthew Sigel, said the digital credit market could expand to $2.5 trillion over the next decade, while the price of BTC is expected to reach $1 million. Matthew Sigel said the target is "absolutely within reach." (BitcoinTreasuries.NET)
Sharon AI and NVIDIA Reach 6-Year AI Computing Partnership, to Deploy 72MW Data Center with 40,000 GB300 GPUs
Sharon AI Holdings, a Nasdaq-listed company, announced a six-year strategic computing cooperation agreement with NVIDIA to jointly expand AI infrastructure capabilities in Australia.Under the agreement, the two parties will collaborate to build approximately 72MW of data center computing capacity and deploy infrastructure based on the NVIDIA DSX AI Factory architecture. The plan is to gradually scale up to 40,000 Grace Blackwell GB300 GPUs to meet the computing needs of AI startups, enterprise clients, and research institutions.The cooperation model adopts a structure combining revenue generation with credit support: Sharon AI will be responsible for selling cloud services based on NVIDIA's computing power, while NVIDIA, upon receiving hardware and basic product revenue, will also participate in a share of cloud service revenue, forming a sustainable "usage-driven revenue model."Sharon AI stated that this collaboration will significantly enhance its capital efficiency, enabling it to expand AI infrastructure capabilities without relying on traditional heavy-asset financing and accelerate the deployment of "sovereign AI computing power" in Australia. With this partnership, Sharon AI's total AI factory capacity will increase to 132MW, of which approximately 102MW is already contracted by clients. The company expects to deploy over 55,000 NVIDIA GPUs by mid-2027. (Businesswire)
Canaan Inc. Produces 90 BTC from Self-Mined Mining in May, Bitcoin Holdings Reach 1,867 BTC
Nasdaq-listed Bitcoin mining company Canaan Inc. released its Bitcoin mining update for May 2026, disclosing self-mined production of 90 BTC. Additionally, 24 BTC came from customer payments. As of the end of May, the company held 1,867 BTC and 3,952 ETH in its crypto asset reserves. (PRNewswire)
Zcash Core Developer: Ironwood Upgrade Makes New Progress, Multiple Organizations Reach Consensus on Key Changes
Zcash core developer Sean Bowe posted an update on the progress of the Ironwood upgrade, stating that over the past 48 hours, protocol developers from various organizations have held two meetings and reached consensus on multiple specifications and implementation details for Ironwood. These include disabling Orchard pool bundles in Coinbase transactions, using anchors as authentication data for hardware wallet migrations, and the processing order of ZIPs and specifications.Currently, the Ironwood circuit and the ZIP 2005 integration draft are under review. Valar Group has completed testnet deployment and implemented some wallet-side changes. Meanwhile, formal verification work is progressing, and the development team plans to meet tomorrow to finalize the verification strategy. Additionally, at least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been put into use simultaneously. Sean Bowe stated that the overall development progress is running smoothly.
Robinhood’s May Event Contracts Reach 3.9 Billion, Annualized Revenue Approximately $470 Million
Dragonfly investor Omar posted on X platform, stating that Robinhood released data today showing May was the highest trading volume month in the history of its prediction market, with event contract trading volume reaching 3.9 billion contracts, up 22% month-over-month. Based on a fee of 1 cent per contract, the prediction market’s annualized revenue is approximately $470 million. Additionally, driven by the World Cup being held in the United States, the platform’s June trading volume is expected to hit a historic high.
CleanSpark Sold 654 BTC in May, Total Bitcoin Holdings Reach 13,470
Odaily Nasdaq-listed Bitcoin miner CleanSpark released its unaudited operational update for May 2026, disclosing a mining output of 671 BTC in May. However, during the same period, it sold 404 BTC from spot holdings and 250 BTC through option exercises. As of May 31, total Bitcoin holdings reached 13,470 BTC. CleanSpark also announced the appointment of a new Senior Vice President of Finance to strengthen financing capabilities for AI data center projects, aiming to transform into an AI and digital infrastructure platform. (Prnewswire)
Zcash Foundation Q1 Report: Total Liquid Assets Reach Approximately $36.7 Million, ZEC Holdings Exceed 85,000 Coins
The Zcash Foundation released its Q1 2026 report, disclosing total liquid assets of approximately $36.7 million, including roughly $12.11 million in cash, 506,556 USDC, 85,412 ZEC (valued at ~$21.2 million), 41.8 BTC (valued at ~$2.85 million), and 12.02 ETH (valued at ~$25,000). The Zcash Foundation added that, although the first quarter of this year saw personnel changes within the Electric Coin Company’s development team and governance-related disputes, network operations remained unaffected, with transactions and block production continuing normally. On the regulatory front, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation without taking any enforcement action, thereby resolving long-standing regulatory uncertainty.
Related news
Robinhood's Self-Built Prediction Market Rothera Sees Daily Trading Data Reach New Highs
According to data from Hood House, Robinhood's investment research community, on June 14, all trading metrics for Robinhood's self-built prediction market Rothera hit new all-time highs. Specifically: contract trading volume reached 109 million contracts, up 56% from the previous day; the corresponding U.S. dollar trading volume was $39.3 million, up 88% from the previous day; and open interest reached 69.7 million contracts, up 12% from the previous day.
"Tokenized Pokémon Card" Trading Surges: Sales on Solana and Other Chains Reach $230 Million in May
the trading volume of tokenized Pokémon cards on crypto platforms is growing rapidly. Driven by "gacha" mechanisms, physical cards are mapped as NFTs or digital certificates, creating a "box-opening/card-pulling" trading experience. According to data disclosed by Messari, seven blockchains including Solana, Polygon, Base, and BNB recorded approximately $230 million in trading volume in May, an increase of about 10 times compared to a year ago. Additionally, the global trading card market size reached $15.8 billion in 2024 and is expected to grow to $23.5 billion by 2030. Meanwhile, the total market cap of NFTs currently stands at around $2.4 billion, indicating that on-chain collectibles are still in the early stages of penetration. (Decrypt)
Sharon AI and NVIDIA Reach 6-Year AI Computing Partnership, to Deploy 72MW Data Center with 40,000 GB300 GPUs
Sharon AI Holdings, a Nasdaq-listed company, announced a six-year strategic computing cooperation agreement with NVIDIA to jointly expand AI infrastructure capabilities in Australia.Under the agreement, the two parties will collaborate to build approximately 72MW of data center computing capacity and deploy infrastructure based on the NVIDIA DSX AI Factory architecture. The plan is to gradually scale up to 40,000 Grace Blackwell GB300 GPUs to meet the computing needs of AI startups, enterprise clients, and research institutions.The cooperation model adopts a structure combining revenue generation with credit support: Sharon AI will be responsible for selling cloud services based on NVIDIA's computing power, while NVIDIA, upon receiving hardware and basic product revenue, will also participate in a share of cloud service revenue, forming a sustainable "usage-driven revenue model."Sharon AI stated that this collaboration will significantly enhance its capital efficiency, enabling it to expand AI infrastructure capabilities without relying on traditional heavy-asset financing and accelerate the deployment of "sovereign AI computing power" in Australia. With this partnership, Sharon AI's total AI factory capacity will increase to 132MW, of which approximately 102MW is already contracted by clients. The company expects to deploy over 55,000 NVIDIA GPUs by mid-2027. (Businesswire)
Canaan Inc. Produces 90 BTC from Self-Mined Mining in May, Bitcoin Holdings Reach 1,867 BTC
Nasdaq-listed Bitcoin mining company Canaan Inc. released its Bitcoin mining update for May 2026, disclosing self-mined production of 90 BTC. Additionally, 24 BTC came from customer payments. As of the end of May, the company held 1,867 BTC and 3,952 ETH in its crypto asset reserves. (PRNewswire)
Zcash Core Developer: Ironwood Upgrade Makes New Progress, Multiple Organizations Reach Consensus on Key Changes
Zcash core developer Sean Bowe posted an update on the progress of the Ironwood upgrade, stating that over the past 48 hours, protocol developers from various organizations have held two meetings and reached consensus on multiple specifications and implementation details for Ironwood. These include disabling Orchard pool bundles in Coinbase transactions, using anchors as authentication data for hardware wallet migrations, and the processing order of ZIPs and specifications.Currently, the Ironwood circuit and the ZIP 2005 integration draft are under review. Valar Group has completed testnet deployment and implemented some wallet-side changes. Meanwhile, formal verification work is progressing, and the development team plans to meet tomorrow to finalize the verification strategy. Additionally, at least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been put into use simultaneously. Sean Bowe stated that the overall development progress is running smoothly.
“Brother Maji” Suffers Partial Liquidation Again on 25x Long ETH Position; Cumulative Losses Reach ~$35 Million
According to on-chain analyst Onchain Lens (@OnchainLens), “Brother Maji” has again suffered partial liquidations amid the market downturn; most of his 25x-leveraged long ETH position has been closed, resulting in cumulative losses of approximately $35 million so far.