K Wave Media said it can redirect up to US$485 million from a Bitcoin treasury strategy into AI infrastructure. The company plans to sell Play Co., Ltd. and remove about US$48 million in debt and contingent liabilities. KWM shares fell nearly 25% to US$0.307 on May 4 as investors weighed the pivot and shareholder approvals. […]
Bitcoin Magazine Kraken Partners With MoneyGram to Enable Crypto Cash-Outs at 500,000 Locations Worldwide Kraken will allow customers to convert cryptocurrency into cash at MoneyGram locations across more than 100 countries, addressing a longstanding gap in the digital asset ecosystem, according to an exclusive report from Fortune. The partnership gives Kraken users access to nearly […]
A new era of on-chain trading transparency. Atlas Live enables traders to analyze token concentration and spot potential rug pulls. Now in real time. Odense, Denmark, May 6, 2026 – InsightX, the on-chain safety and analytics platform, launches Atlas Live, the world’s first real time token holder map. InsightX is best known for Atlas, a […]
Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Credit. Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower […]
While Roni Cohen-Pavon’s lawyers have asked for time served, US Attorney Jay Clayton was unspecific in the federal government’s recommendation, requesting the judge defer to sentencing guidelines.
TL;DR Weekly flows: Digital Asset products logged $117.8 million in inflows after a Friday rebound erased four days of outflows. Asset performance: Bitcoin led with $192.1 million while Ethereum saw $81.6 million in outflows, signaling a narrowing in participation. Regional trends: US inflows slowed sharply to $47.5 million as Germany and Canada showed steadier demand. […]
Bitcoin sees surging whale activity amid rising bullish sentiments, which may have just triggered the resurfacing of 3-year-old 12,849 BTC.
A Kindergarten Teacher Attempts to Explain Cryptocurrency, and Accidentally Creates a New Financial System. by Russell Smith. At 9:03 a.m., Ms …
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. In a post on X shared with employees, Armstrong outlined two […]
Bitcoin (BTC) has climbed back above $80,000 for the first time in three months. But data show weak on-chain activity, indicating limited buying support. This makes the asset vulnerable if profit-taking begins without enough new demand entering the market. $80K Breakout or Setup? Crypto analyst Doctor Profit believes bitcoin is now moving through the final […]
Bitcoin Magazine Sequans Sells Half Its Bitcoin Holdings as Revenue Falls and Losses Mount Paris-based Sequans Communications sold 1,025 bitcoin during the first quarter of 2026, cutting its digital asset reserves nearly in half as the IoT semiconductor maker grappled with declining revenue and mounting losses tied to a treasury strategy that has turned from […]
Key Takeaways: Bitcoin has re-captured the first level in three months of at least $80,000 marking the renewed momentum. The support of the rally is strong ETF inflows and the rising global risk sentiment. BTC has also recovered almost 30% of its February low, and traders are monitoring higher levels. Bitcoin has rebounded above a […]
Russia’s Moscow Exchange (Moex) will begin publishing four new cryptocurrency indexes for solana ( SOL), XRP, tron ( TRX), and BNB starting May 13, expanding its regulated crypto benchmark suite beyond bitcoin and ether for the first time. Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the […]
World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others.
XRP edges toward a potential 45% move to $2 as May patterns build, Dogecoin mirrors Bitcoin’s $1.1 billion surge, and Binance’s major BTC and ETH removals reshape crypto trading.
Cryptocurrency Controversy: Court Battle Over Frozen $71 Million … In a dramatic twist for decentralized finance, Aave has taken a significant legal …
The 175-year-old money-transfer giant Western Union has officially launched a new stablecoin on the Solana (SOL) blockchain. Western Union’s new USDPT coin is fully backed by US dollars and issued by Anchorage Digital. Devin McGranahan, Western Union’s president and CEO, says the stablecoin will integrate into the financial giant’s existing payment systems. “USDPT reinforces Western […]
The first months of 2026 confirm a technical inflection point in decentralized financial crime. Attackers stole over six hundred million dollars in crypto assets between January and April alone. In February, security incidents caused losses of 228 million dollars, and phishing scams together with rug pulls concentrated over one hundred million of that total. These […]
TL;DR: Nine Granbury residents filed a lawsuit against MARA Holdings on May 1, 2026, in the Northern District of Texas. The claim seeks financial compensation exceeding $1 million for personal injuries and the loss of property value. Plaintiffs allege that cooling systems generate low-frequency noise and vibrations that affect the physical health of neighbors. Residents […]
Crypto analyst Max has cited historical data to provide insights into what could be next for Bitcoin, noting that it has closed two consecutive monthly candles in the green. Based on this historical data, BTC may be heading for a red month, except if this bear cycle turns out to be different. Bitcoin Expected To […]
According to a recent local report from Bits Media, Russia’s largest securities exchange is planning to start calculating and publishing indexes tracking the performance of some of the most popular altcoins, such as XRP, SOL, TRX, and BNB. The data for the new products will come as follows: 50% from Binance, 20% from Bybit, and […]
Bitcoin Magazine Wall Street Tycoon DTCC Sets July Pilot, October Launch for Tokenized Securities Shift For decades, the Depository Trust & Clearing Corporation (DTCC) has operated as the financial system’s invisible backbone — the institution that processes virtually every securities trade in the United States, sitting between buyer and seller in near-total anonymity. On Monday, […]
Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets metrics could create a clear path to $85,000.
A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trades in a single position gone wrong. Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased […]
Hundreds of thousands of people may be affected after a healthcare firm disclosed a cybersecurity incident involving personal information. According to the U.S. Department of Health and Human Services Office for Civil Rights, Innovative Scientific Solutions has discovered a hacking incident affecting 143,842 individuals, with the breach involving a network server. The company says it learned […]
Billionaire hedge fund manager Bill Ackman thinks quality stocks are still cheap even though the market recently printed fresh all-time highs. In a new CNBC interview, the founder and CEO of Pershing Square Capital Management says his firm recently raised $5 billion and is actively deploying that capital, with about 35% already deployed. “Interestingly, despite […]
A newly introduced bill in the Michigan legislature threatens to severely stunt the growth of the state’s cryptocurrency mining.
The cryptocurrency has now surged 19% over the past month, outperforming the S&P 500's roughly 10% return over the same time frame. Recommended …
Bitcoin is trading close to $80,000 in the first week of May; Jerome Powell is weeks away from stepping down as Federal Reserve chair; the S&P 500 is at an all-time high; and sentiment across crypto markets is slowly turning positive. Crypto trader and market analyst Aralez has stepped forward with a full arc of […]
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July.
TL;DR: SkyAI recorded a 358% increase over a seven-day period, reaching a local high near $0.68 on May 4, 2026. Dash broke a six-month downward trendline following a 23.73% daily rally, placing its price around $48.55. Ondo Finance broke out of a three-month accumulation range with rising trading volume and a total value locked of […]
TL;DR: Legal scope: House Bill 5882 seeks to grant municipalities explicit authority to temporarily halt the construction of mining facilities and data centers. Defined deadlines: The legislation proposes that initial moratoriums have a maximum duration of six months, with a possible one-time 90-day extension under justification. Evaluation costs: The regulation would allow local governments to […]