Gemini revenue rose 42% to $50.3M in Q1 as credit card income surged, but 
exchange revenue fell and operating costs increased sharply.

Gemini revenue rose 42% to $50.3M in Q1 as credit card income surged, but exchange revenue fell and operating costs increased sharply.

Gemini’s $50M quarter shows why it is moving beyond crypto trading

Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived 
a major question: was last Friday’s drop to $59,000 the bottom for BTC? 
Seeking to answer that, market analyst Ali Martinez released a new technical 
note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a 
market bottom while a “major macro accumulation cycle” begins to form. Why The 
Sell-off Could Signal A Bottom In Martinez’s view, BTC’s decline to its lowest 
level since 2024 served as an important cleansing function for the 
market—effectively shaking out “overleveraged premiums” across the board. That 
type of flush, Martinez argues, is often what makes bottoms possible: it 
removes leverage stress and forces late and speculative positions to unwind. 
Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode Analyst 
Reveals A central part of his explanation is the role of long-term holders. 
Martinez claims that long-term investors distributed more than $3.25 billion 
worth of spot Bitcoin during the downswing. He says this distributed supply 
temporarily raised exchange reserves, which can translate into increased 
potential selling pressure as coins move closer to trading venues. Supporting 
that point, Martinez also cites data indicating that over 54,000 BTC have 
moved onto trading platforms over the past two weeks, which he frames as a 
further contributor to the selling dynamic. Next Bitcoin Targets Even with 
Monday’s recovery, Martinez emphasizes what happened at the downside. He 
points out that following the move down to $59,000, more than 10.46 million 
BTC are currently held at a loss. In his technical framework, that’s a key 
threshold to watch. Martinez notes that historically, when the “supply-in- 
loss” metric crosses the extreme 10 million BTC level, it has helped time 
macro bottoms with notable accuracy. From there, Martinez turns to the MVRV 
Pricing Bands, which he describes as offering “geometric targets” for where 
Bitcoin accumulation windows tend to mature. Related Reading: Dogecoin Will 
‘Pump Hard’ After This Happens, Analyst Clocks Generational Entry According to 
his post, the most reliable accumulation periods historically occur when 
Bitcoin settles within the 1.0 to 0.8 MVRV bands. Martinez says those bands 
align with two specific target areas: approximately $53,900 and $43,150. In 
other words, if the bottom is indeed approaching or forming now, he suggests 
the market may gravitate toward those zones as the next stages in a broader 
consolidation-and-accumulation process. Featured image created with OpenArt; 
chart from TradingView.com

Monday’s Bitcoin (BTC) rebound—pushing back above the $63,00 area—has revived a major question: was last Friday’s drop to $59,000 the bottom for BTC? Seeking to answer that, market analyst Ali Martinez released a new technical note on X (formerly Twitter), arguing that Bitcoin appears poised to reach a market bottom while a “major macro accumulation &#8230;

Bitcoin Bottom Prediction: Top Analyst Says It’s Close—What Price Comes Next?

SK Telecom&#8217;s AI pivot could redefine telecom roles, emphasizing national tech 
sovereignty and challenging global cloud giants in AI infrastructure.
The post SK Telecom deploys Nvidia Blackwell GPUs for AI training as it pivots 
from telco to AI infrastructure giant appeared first on Crypto Briefing.

SK Telecom&#8217;s AI pivot could redefine telecom roles, emphasizing national tech sovereignty and challenging global cloud giants in AI infrastructure. The post SK Telecom deploys Nvidia Blackwell GPUs for AI training as it pivots from telco to AI infrastructure giant appeared first on Crypto Briefing.

SK Telecom deploys Nvidia Blackwell GPUs for AI training as it pivots from telco to AI infrastructure giant

Naver&#8217;s strategic expansion with Nvidia could reshape AI infrastructure 
dynamics, enhancing South Korea&#8217;s tech autonomy and influencing global 
markets.
The post Naver Corp. builds data centers using Nvidia&#8217;s DSX platform for AI 
dominance in South Korea appeared first on Crypto Briefing.

Naver&#8217;s strategic expansion with Nvidia could reshape AI infrastructure dynamics, enhancing South Korea&#8217;s tech autonomy and influencing global markets. The post Naver Corp. builds data centers using Nvidia&#8217;s DSX platform for AI dominance in South Korea appeared first on Crypto Briefing.

Naver Corp. builds data centers using Nvidia’s DSX platform for AI dominance in South Korea

Doosan&#8217;s AI integration with Nvidia could redefine industrial operations, 
positioning both as leaders in AI-driven manufacturing innovation.
The post Doosan combines products and manufacturing with Nvidia&#8217;s AI platforms 
appeared first on Crypto Briefing.

Doosan&#8217;s AI integration with Nvidia could redefine industrial operations, positioning both as leaders in AI-driven manufacturing innovation. The post Doosan combines products and manufacturing with Nvidia&#8217;s AI platforms appeared first on Crypto Briefing.

Doosan combines products and manufacturing with Nvidia’s AI platforms

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler for 
its Delta Forge 2 campus. The company said the agreement could generate about 
$5.2 billion in revenue during the base term. Applied Digital shares rose 8.7% 
in extended…

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler for its Delta Forge 2 campus. The company said the agreement could generate about $5.2 billion in revenue during the base term. Applied Digital shares rose 8.7% in extended…

Gemini’s $50M quarter shows why it is moving beyond crypto trading

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