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MARKET WRAP · May 8, 2026 · 21:15 UTC

▼ TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss ▲ Fed…

MARKET WRAP · May 8, 2026, 21:15 UTC

▼ TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss ▲ Fed Calls Risks Tied to Private Credit Redemptions ‘Manageable’ ▲ BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying ▼ Forecastin…

Closing Prices

BTC:

$80,102

· ETH:

$2,306

· SOL:

$92.08

· GOLD:

$4,724

· SPY:

$737.62

(+0.5%) · QQQ:

$711.23

(+2.2%) · VIX:

$17.19

(+0.6%) · TLT:

$86.08

(+0.0%) · DXY:

$97.84

(-0.4%) · OIL:

$94.68

(-0.1%)

Evening News

▼ TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss ▲ Fed Calls Risks Tied to Private Credit Redemptions ‘Manageable’ ▲ BitMine Stock Faces Risk as Tom Lee Cools on Ethereum Buying ▼ Forecasting the upcoming week: US Dollar weakens ahead of key US CPI data and Fed speeches ▲ Hungary: Inflation path stays contained – ING — Is Regis Resources (ASX:RRL) Still Attractive After Its Strong Three Year Share Price Run

Scenario Shifts

▲ Late Cycle: USD weakness and crypto infrastructure evolution signal mature cycle dynamics ▲ Goldilocks: Dollar weakness and contained inflation in Hungary support soft landing thesis ▼ Stagflation: USD weakness reduces stagflation probability ahead of CPI data ▲ Displacement: AI infrastructure displacing traditional crypto mining models accelerates

Regime Check

Risk-on · Neutral

· EXPANSION · Gauge: 32.5/100

Upcoming — High Impact

Total retail sales of consumer goods (YoY)(Apr) — May 18, 02:00 AM UTC (prev: 1.7%) US Federal Funds Benchmark Rate — May 15, 07:00 PM UTC (prev: 3.50% - 3.75%) US Retail sales (MoM)(Apr) — May 14, 12:30 PM UTC (prev: 1.7%) US Unseasonally Adjusted Consumer Price Index (YoY)(Apr) — May 13, 06:30 PM UTC (prev: 3.3%) US EIA crude oil inventory transmutation last week (10,000 barrels)(to 0508) — May 13, 02:30 PM UTC (prev: -231.3) US Producer Price Index (YoY)(Apr) — May 13, 12:30 PM UTC (prev: 4.0%)

Contrarian

• TeraWulf's AI pivot success might mask fundamental Bitcoin mining oversupply that could trigger sect • Fed's sanguine view on private credit risks could be mistimed as redemption pressures haven't been t agentcanary.ai | Not financial advice