News

Ryan said that high energy prices could push up inflation in the UK, which might force the Bank of England to raise interest rates slightly. However, he stated that given weak economic growth and a continually deteriorating labor market, a rate hike by the Bank of England could pose risks to the country's economy.

Foresight News reports that, according to the latest documents from trade.xyz, the platform will launch Pre-IPO stock perpetual contracts. This market only reflects the prices of companies about to go public and is not a direct mapping of actual stocks. trade.xyz stated that the opening prices will be based on the company's most recent public funding round, disclosed valuations, IPO documents, or other relevant public information.Before the target company goes public, the Pre-IPO perpetual contract market will use a mechanism similar to Hyperp for trading. After the target company completes its public listing, the corresponding perpetual contract market will transition to a standard external-priced perpetual contract based on the listed stock. The conversion will take place when sufficient external market data is available to support standard oracle pricing.

BlockBeats News, May 1st – Cryptocurrency mining company Riot Blockchain, listed on the exchange, recently released its first-quarter 2026 financial and operational highlights. The data shows that the company's total revenue for the quarter reached $167 million, with the newly expanded data center business performing well, contributing $33.2 million in revenue for the first time. In terms of output, a total of 1,473 bitcoins were mined this quarter, with a comprehensive mining cost per coin of approximately $44,600. In terms of infrastructure expansion, partner AMD has exercised its option to add 25 megawatts of capacity, expanding Riot's contracted hashrate to 50 megawatts. In its strategic outlook, the company emphasized its ongoing transition to a data center operator role. As of the end of the quarter, Riot still held a strong reserve of approximately 15,679 bitcoins.