Bitcoin Absorbed $208 Million in Profit-Taking at $80,000 as Inflation Hedge Debate Intensifies
Bitcoin absorbed approximately $208 million in net realized profits at $80,000 on May 5.
Bitcoin absorbed approximately $208 million in net realized profits at $80,000 on May 5.
Global crypto ETPs have crossed $184 billion in assets under management, with $145 billion held in U.S. spot funds.
Bitmine acquired 101,745 ETH worth $238 million last week, lifting its total holdings to 5.18 million tokens and 4.29% of supply, as Chairman Tom Lee announced that crypto spring has …
Bitcoin reversed sharply from an intraday high of $80,594 to $79,074 on May 4 after reports of an Iranian missile strike near the Strait of Hormuz, with the U.S. Navy …
Consensus Miami 2026 opened on May 5 with Morgan Stanley and JPMorgan as debut sponsors and CFTC Chairman Michael Selig attending for the first time, as institutional attendance representing $10 …
The Ethereum Foundation sold another 10,000 ETH to Tom Lee's BitMine in an OTC transaction worth approximately $22.9 million, bringing total ETH disposals to the company across three deals to …
Bitcoin returned above $80,000 on May 4 as spot ETF funds recorded a $629 million single-session net inflow, though analysts caution that April gains were driven by derivatives rather than …
Senators Tillis and Alsobrooks released compromise text for the CLARITY Act that permits stablecoin rewards tied to spending while banning bank-style yield on idle balances, with Coinbase, Circle, and major …
Canada's federal government has proposed banning crypto ATMs nationwide in its 2026 Spring Economic Update, citing the machines as a primary tool used by scammers and money launderers.
The CFTC is building AI tools to review crypto firm registration applications and flag incomplete filings, as the agency fills gaps left by staff cuts exceeding 20% under the Trump …
LayerZero has pledged 10,000 ETH, approximately $23 million, to the DeFi United initiative.
SEC Chair Paul Atkins became the first sitting commissioner to address the Bitcoin Conference, announcing a three-pillar ACT framework and a tokenization sandbox arriving in weeks.
Western Union is preparing to launch USDPT, a dollar-backed stablecoin on Solana in May 2026, built to replace SWIFT-based settlement across its 360,000-location global payout network.
Robinhood's Q1 2026 crypto revenue fell 47% year-over-year to $134 million, while event contracts revenue surged 320% to $147 million, with shares dropping 8% in after-hours trading.
Ondo Finance has brought proxy voting to its tokenized equity holders through a partnership with Broadridge Financial Solutions.
Jack Dorsey's Block has reported $2.2 billion in Bitcoin for Q1 2026, with Cash App's Bitcoin buying and selling services continuing to drive a substantial portion of the company's overall …
Japan's Bitbank has rolled out a crypto-linked credit card that allows users to pay everyday bills directly in Bitcoin.
A Trump-branded crypto conference has confirmed Mike Tyson, Tether CEO Paolo Ardoino, and ARK Invest founder Cathie Wood among its headline speakers.
BlackRock's iShares Bitcoin Trust has surpassed 800,000 BTC in assets under management.
Brazil's securities regulator CVM has ordered internet providers to block access to 27 prediction market platforms, including Kalshi and Polymarket.