Today's Crypto Pulse
Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Fund Managers Double Down on Bitcoin as Crypto Sentiment Rebounds — CoinShares
CoinShares’ April survey of 26 institutional investors managing $1.3 trillion shows fund managers are warming to digital assets, with Bitcoin leading the pack. About 32% of respondents already hold Bitcoin and 25% have exposure to Ether, while overall crypto allocations sit near 1% of assets under management. The sentiment boost coincides with strong inflows into crypto exchange‑traded products, including nearly $1 billion net inflows into U.S. spot Bitcoin ETFs this week. Regulatory uncertainty and internal restrictions remain the chief obstacles to wider adoption.
Coinbase Stock Declines 5% After Missing Q1 Estimates on Crypto Slowdown
Coinbase’s shares slipped more than 5% in after‑hours trading after the exchange reported a surprise first‑quarter loss of $1.49 per share and revenue of $1.41 billion, both missing Wall Street forecasts. Transaction revenue fell to $755.8 million and subscription‑and‑services revenue to $583.5 million,...
Coinbase Slashes 14% of Staff, Flattens Management to Accelerate AI‑First Model
Coinbase announced it will cut roughly 14% of its workforce—about 700 employees—and compress its management ladder to no more than five layers below the CEO. The restructuring is framed as a pivot to AI‑driven teams that can operate with fewer...
Bitcoin Options Expiry Near $14 Billion Raises Floor‑Price Debate
Deribit is set to clear roughly $14 billion of open‑interest Bitcoin options, the largest quarterly expiry this year. Traders fear the unwind could create a de‑facto price floor around $75,000 as the market grapples with stagnant price action and macro uncertainty.
Payward to Acquire Reap for Up to $600 Million, Expanding Global B2B Payments Stack
Payward announced a definitive agreement to buy Reap Technologies for up to $600 million in cash and stock, valuing Payward at $20 billion. The deal adds a stablecoin‑native card and payments layer to Payward's B2B infrastructure, positioning the combined firm to capture...
Nasdaq President Says Friendlier SEC Fuels Crypto Market Rebuild
Nasdaq President Tal Cohen told the Consensus conference in Miami that the U.S. SEC’s softer regulatory tone is giving crypto exchanges and tokenization platforms room to innovate. He highlighted Nasdaq’s own push into blockchain, AI and “always‑on” market infrastructure as...
Crypto Trading Launches on Etrade
Morgan Stanley has partnered with ZeroHash to embed cryptocurrency trading within E‑Trade, and the service went live this week for Bitcoin, Ethereum and Solana. The offering is currently in a pilot phase with a 0.5% (50‑basis‑point) transaction fee and is...
XRP - Anatomy of the Final Push
The article charts XRP’s price trajectory from its 2018 peak to the present, using technical analysis to map out future price targets through 2027. It argues that, despite ongoing legal battles and adoption narratives, the token is poised for one...
Smart Money Backs Crypto Bridges Over Isolated Silos
The future of crypto isn’t some winner-takes-all scenario—it’s about different ecosystems working together. Interoperability expands value, while tribalism only holds it back. Smart money is backing the bridges, not the silos.
Tydro Keeps Markets Paused After Chaos Labs Flags Suspected Nation-State Attack
Tydro, the leading DeFi lending protocol on Kraken’s Ink Layer 2, paused all markets after Chaos Labs flagged a suspected nation‑state attack on its oracle provider. The protocol confirmed no malicious price data entered its contracts and no user positions were...
Republic Introduces Tokenization of Animoca Brands Equity on Solana
On May 5, 2026, Republic launched tokenized shares of Animoca Brands on the Solana blockchain, allowing global investors to trade the Web3 firm’s equity on a regulated secondary marketplace. The tokens are backed by ordinary shares held in custody by...
Fintech’s Future Is Crypto‑Powered, AI Agents Join Finance
'There will be no more fintech without crypto.' – @alive_eth of @a16zcrypto says new fintech is now entirely crypto-powered in the backend — and that AI agents will become first-class members of the financial system. 🤖 His full investment thesis for...
Binance Says Treasury Sent Letter Over Monitorship of Exchange
Binance, still under a court‑appointed monitor after pleading guilty to U.S. sanctions and AML violations, received a formal letter from the Treasury Department requesting interviews with staff and records to probe possible sanctions breaches. The request comes amid media reports...
TradFi Tokenization Being Enabled by Blockchain Infrastructure and DeFi Platforms : Research
Chainalysis reports that traditional finance is rapidly tokenizing assets such as bonds, money‑market funds, and private credit, but no single blockchain meets all use‑case needs. The firm categorizes nine networks into three archetypes—institutional anchors (Bitcoin, Ethereum), Goldilocks layer‑2s (Arbitrum, Base,...
CZ Floats Binance.US Revival to Give U.S. Users Access to Global Crypto Liquidity
Binance founder Changpeng “CZ” Zhao announced that reviving Binance.US could restore U.S. traders’ access to deeper global crypto liquidity. He promoted BNB Chain as the optimal rail for automated AI‑agent payments and cited recent U.S. regulatory improvements, such as the...
Kalshi Surges to $22 Billion as Wall Street Scoops Up Crypto Talent
Kalshi, a U.S. prediction‑market platform, closed a $1 billion Series F round that lifts its valuation to $22 billion. Institutional trading on the exchange has surged, with volume up roughly 800% and annualized turnover climbing from $52 billion to $178 billion in six months. The...
GBTC: Structurally Inferior To Peers
The Grayscale Bitcoin Trust ETF (GBTC) now carries a 1.5% expense ratio, far higher than newer Bitcoin ETFs that charge 0.15%‑0.25%. This cost differential creates a structural drag that guarantees GBTC will lag spot Bitcoin performance and its low‑cost peers...
Morgan Stanley May Have Reset the Crypto Trading Fee Baseline
Morgan Stanley, through its E*TRADE platform, has begun a pilot spot‑crypto trading service that charges a flat 0.5% fee per transaction. The fee undercuts Charles Schwab’s 0.75% spread and competes directly with Robinhood’s 0.35‑0.95% range. Powered by Zerohash, the service...
Tether Executive Warns the 2026 Midterms Could Have 'Seismic Impact' On Crypto Industry
Tether’s head of government affairs, Jesse Spiro, told a panel at Consensus Miami that the 2026 U.S. midterm elections will be a litmus test for the crypto industry’s recent policy gains, including the passage of the GENIUS Act. He warned that a...
Amazon Builds AI Agent Payments With Coinbase and Stripe
Amazon Web Services unveiled Bedrock AgentCore Payments, a managed feature that lets AI agents authenticate wallets, hold funds, and complete transactions within their execution loop. The preview relies on Coinbase’s x402 stablecoin protocol for instant micropayments and Stripe’s Privy wallet‑as‑a‑service...
Bitmine to Slow Down Ether Purchases as It Nears Accumulation Goal, Tom Lee Says
Bitmine, the largest Ethereum‑treasury firm, now holds 5.1 million ETH—about $11.9 billion—representing 4.29% of the total supply. At a buying rate of roughly 100,000 ETH per week, the firm will hit its 5% accumulation target in six weeks and plans to slow...
Wire Wallet Sets May 27 Launch for ‘Active Wallet’ Crypto App
Miami‑based Wire Wallet announced a May 27 launch of its crypto wallet app for iOS and Android, introducing an “active wallet” that can execute user‑defined financial actions automatically. The non‑custodial platform will act within rules and guardrails set by users, aiming...
'DeFi Is Not Dead,' It’s Going Mainstream with AI Agents, Crypto Executives Agree
At the Consensus Miami 2026 panel, leading crypto executives rejected the notion that decentralized finance is dying, emphasizing its growing role in mainstream finance. eToro CEO Yoni Assia highlighted over $100 billion flowing through DeFi lending protocols, while Bitwise’s Hunger Horsley...
‘Polkadot Is Kind of Done.’ The Once Hyped Layer 0 Faces Falling Usage, and Controversy
Former insiders allege Polkadot suffers from leadership vacuum, treasury overspending, and unpaid contributors, exemplified by the recent Hyperbridge exploit. Governance votes rejected a $62,700 USDT retroactive payment to Polkassembly, while the treasury allocated $133 million in 2024, including $37 million for marketing....
Coinbase Faces Regime Shift, Not Just a Bad Quarter
Coinbase reports Q1 tonight at 4:05pm ET, and the setup is the worst it's been since 2022. The stock is at $193, down 56% from its July peak. Wall Street is treating this as another bad-quarter-for-a-cyclical-business. They are missing what...
Drift Protocol to Issue Recovery Tokens After $295 Million DPRK-Linked Hack
Drift Protocol said it will distribute recovery tokens to compensate users after a $295 million exploit linked to the Democratic People’s Republic of Korea. The move aims to restore value for victims and test a new remediation model in decentralized finance.
Bitcoin Consolidates, but Bullish Trend Points to Upside
Yesterday, I mentioned that it wouldn't be a surprise if $BTC consolidates for a second. This is currently taking place. Assets trend in waves. #Bitcoin has seen multiple days of momentum upwards, so it's not strange to expect it to consolidate...
Fintechs Choose Polygon for Instant Cross‑Border Settlements
40% of cross border remittances still take more than a day to settle. Polygon settles in seconds. Billions of transactions happen each year, you do the math… The cost in moving money has always been time, and somehow we kept pricing it...
Panther Protocol Deploys Privacy Infrastructure on Polygon
Panther Protocol Foundation announced that its privacy‑preserving DeFi infrastructure is now live on Polygon. The mainnet introduces “programmable privacy,” allowing users to interact with smart contracts while keeping transaction data confidential. A compliance‑enabled zone leverages AMLBot credentials and zero‑knowledge attestations...
Crypto Markets Slide While S& P 500 Notches Fresh Record on Iran Peace Hopes
Bitcoin slipped below $81,000 on Thursday after Strategy’s Michael Saylor hinted the firm may sell BTC to meet dividend obligations, ending his long‑standing “never sell” stance. The broader crypto market fell 1.3% to a $2.75 trillion market cap, with Ethereum down...
$250M Crypto-Robbing Gang’s Dirty Work Guy Sentenced to 6.5 Years Behind Bars
A 20‑year‑old named Marlon Ferro received a 78‑month federal prison term for serving as the "last resort" burglar for a cryptocurrency theft ring that stole over $250 million. Ferro traveled nationwide, breaking into homes to steal hardware wallets when online scams...
BTC Teeters at 82K; Break Decides Bullish or Bearish
$BTC has reached the 1st monthly resistance at 81980 and so far failed closing above it. If it succeeds closing above 82K the next target would be the 2nd monthly resistance at 87643. On the other hand, closing below the...
Bitcoin Outperforms S&P, Nasdaq, and Gold over Decade
Morgan Stanley has published a report showing Bitcoin's performance against the S&P 500, Nasdaq and Gold over the past 10 years https://t.co/Y0KyupYTcN
Here’s Why Mastercard Is Betting Big on BVNK — and Stablecoin
Mastercard announced it will acquire stablecoin infrastructure provider BVNK for a potential $1.8 billion, with the deal expected to close by the end of 2026. BVNK brings a portfolio of hard‑to‑obtain licenses and a network of liquidity providers that will allow...
NVIDIA Commits up to $2.1B for IREN Partnership
JUST IN: NVIDIA and IREN report a partnership, with NVIDIA to invest up to $2.1 billion in IREN.
MSTR Outperforms Peers Since Aug 2020, Turning BTC Into Equity
Michael Saylor: "We transform digital capital $BTC into digital credit $STRC and digital equity $MSTR." MSTR has outperformed all the below since August 2020 https://t.co/1TSs6xwYx3
Tokenized Asset Beats TradFi Volume, BOJ Dominates Bond Market
Might be the first asset in history to be tokenized and get more volume on-chain than on tradfi rails. But only because BOJ owns >50% of its bond market and its the world's largest shitcoin 🤣😂
Seamless P2P USDC Payments: Crypto Becomes Invisible
p2p USDC payment experiences are about to get super smooth. the next wave of growth will be driven by UX that puts crypto into the background.
First US BNB ETF Opens Door for Leveraged Crypto Funds
My conversation w/ @GilbertieSal... We cover: -1st US-listed ETF offering BNB price exposure -How XBNB ETF paves way for other issuers -Swaps & innerworkings of leveraged ETFs -2x leveraged XRP ETF -@TeucriumETFs white label service https://t.co/qOawTbLphb via @CryptoPrimePod https://t.co/hIhAVmkNcx
Crypto's Real-World Use Cases Spark Renewed Bullish Outlook
To be fair, I’m more bullish on #Crypto than ever. There are so many applications and use cases being built that actually make sense, which didn’t make sense previous years. Glorious times are ahead of us, which are well worth...
Devs Push $JTO to 60% Daily Candle Despite Wick
$JTO The devs did something. 60% daily candle even after yesterday's large upper wick. Wow https://t.co/SyyQcOHnyh
Crypto Surge: Bullish Bitcoin, New XRP ETFs, BNB Leads
Crypto things you might have missed: -Bitcoin bull signal just triggered -GraniteShares to launch new $XRP ETFs -$BNB Chain tops all blockchains in active addresses -Saylor: Ondo & DeFi crushing TradFi on digital credit -White House crypto exec targets July 4 for Clarity Act
Bitcoin Hits Resistance; Caution Needed After Bull Run
#Bitcoin I've been bullish since it broke $73,500 and now it's at resistance, showing signs of rejection, so now it's time to be cautious again and watch for signs of next move. https://t.co/63s79gQvOm
US Treasury Pressures Binance to Tighten Sanctions Compliance
LATEST: Binance is reportedly facing pressure from the US Treasury to tighten sanctions compliance again after alleged Iranian crypto flows resurfaced https://t.co/u3hBnk0Q2E
Scam Interceptors Expose Absurd £370k Bitcoin Scam
It never ends... BBC One - Scam Interceptors, Series 6, Your Bitcoin Is Now Worth £370,000 https://t.co/F8cyllhydD "Hello, I'm calling from the blockchain..." 😂 https://t.co/z0t2UQdz1R
BTC‑Backed Credit Sparks DeFi Innovation on STRC
WATCH: Saylor says Ondo Finance and other DeFi projects are building $BTC-backed digital credit and yield products on top of $STRC infrastructure, adding that there’s now an "explosion of innovation" happening across DeFi Source: @CoinDesk https://t.co/t4D1dnoMxS
FOMO Costs Traders; BTC Near Top, Support Holds
As I said before, the market punishes FOMO. Recently, the rapid rally pushed many people into FOMO, and they started buying near the top, right before $BTC showed a reaction. We also still have an ascending trendline support, which now acts as...
Bitcoin Rebounds 35%, Eyes 200‑day MA Near $83K
#Bitcoin has now gained about 35% off its February low. It has overcome the 38.2% and 50% retracement levels, and now faces the "ultimate" test of the 200-day moving average as well as the 61.8% retracement around 83K. ...
Get DIEM From AskVenice for Lifelong AI Compute
Get $DIEM from @AskVenice now and youre set for life when it comes to AI compute https://t.co/XT2VgIXurz
BTC Bottom Prediction Validated After
This aged well. Called BTC bottom the day @saylor acknowledged quantum risks. Just coincidence? I think a lot of y'all owe @nic_carter a big fat apology. https://t.co/o8tOoTT4wQ