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Bitcoin struggles to regain its footing above $80,000 as some buyers remain hesitant and heavy resistance builds overhead. Bitcoin (BTC) is struggling to enter a stronger breakout phase above $80,000, as capital inflows into the BTC market remain below levels seen in past bull runs. BTC futures traders are also staying cautious, while a growing number of investors who have held for the past six months may look to sell into key resistance levels, according to new analysis. The Week On-chain report from Glassnode stated that Bitcoin’s 30-day realized cap net position change recently climbed to $2.8 billion per month. The metric tracks the amount of new capital entering the BTC market over 30 days. Read more
The next major evolution of gaming may come from a rapidly growing digital universe where AI agents and humans coexist, compete, collaborate, learn, earn, and evolve together in real time. The next major evolution of gaming may come from a rapidly growing digital universe where AI agents and humans coexist, compete, collaborate, learn, earn, and evolve together in real time. That world is called Clawville. Built as an open-world 3D MMORPG designed specifically for both AI agents and human players, Clawville is positioning itself as one of the most ambitious intersections of gaming, artificial intelligence, culture, and decentralized technology currently emerging in crypto. “At a time when the AI sector is exploding and autonomous agents are becoming one of the hottest narratives in technology,” began John, co-founder of Clawville “Clawville is pushing beyond theory and into execution. The project introduces an entirely new model of gameplay where users can manually control their characters or allow AI agents ...
As RWAs cross $32 billion and JPMorgan files for a new tokenized fund, Axis CEO Chris Kim argues that the industry is celebrating the wrong milestone. Real-world assets (RWA) crossed $32 billion in market value for the first time on Tuesday, as Wall Street’s love affair with tokenization continues to accelerate. JPMorgan was the latest to double down on its interest through a filing with the Securities and Exchange Commission for a new tokenized money-market fund for stablecoin issuers on Ethereum. Not everyone is impressed by the big names and numbers. Read more
Bitcoin ETFs saw $635 million in outflows on Wednesday, the largest since late January, as BlackRock’s IBIT led redemptions amid profit-taking and BTC swings near $80,000. US spot Bitcoin exchange-traded funds (ETFs) posted their largest daily outflow since January as Bitcoin struggled to hold the $80,000 level after a sharp rebound from April lows. Bitcoin (BTC) funds recorded $635.2 million in outflows on Wednesday, extending $233.3 million in outflows from the previous trading session, according to SoSoValue data. So far, weekly outflows stand at $841.2 million, putting ETFs on track for their first week of net losses after six consecutive weeks of gains totaling around $3.4 billion. Read more
T3 Financial Crime Unit says it has frozen over $450 million tied to suspected illicit activity as stablecoin compliance pressures intensify. The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity since its launch in 2024. The group said in a Thursday release shared with Cointelegraph that it has worked with law enforcement agencies across 23 jurisdictions to target funds tied to alleged drug trafficking, exchange hacks, North Korea-linked activity, terrorist financing and violent “wrench” attacks, including kidnappings and extortion. The unit focuses on Tether’s USDT stablecoin activity on the Tron blockchain and says it has been able to freeze assets within 24 hours in multiple emergency cases at the request of authorities. T3 FCU said it intercepted 43.9% more illicit proceeds in 2025 than in the previous year. Read more
Bitcoin price traded below $80,000 as investors braced for the US Senate CLARITY Act markup vote that could see sudden swings toward key BTC price levels. Bitcoin (BTC) bulls made another attempt to reclaim the $80,000 level on Thursday, as traders expect price swings before and after the CLARITY Act vote. Key takeaways: The CLARITY Act, a proposed US bill that would set clearer rules for how regulators oversee the crypto market and stablecoins, is scheduled for a Senate Banking Committee markup vote on Thursday. Read more
Twenty FTX victims are suing Fenwick & West, claiming the law firm didn’t just represent FTX, it helped build the infrastructure that kept the fraud running. A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s top tech law firms, accusing it of helping conceal the FTX fraud. The complaint, filed Wednesday in the US District Court for the District of Columbia, names the firm alongside six individual defendants. The plaintiffs say they lost their life savings when FTX collapsed, claiming that Fenwick’s involvement gave the exchange a false air of legitimacy that kept them from pulling their money out. At the center of the case is testimony from Nishad Singh, FTX’s former director of engineering, who pleaded guilty to fraud charges and testified at Sam Bankman-Fried’s criminal trial. Singh said he personally told Fenwick attorneys that customer funds were being misused, and instead of walking away, the firm advised on how...
The bank raised its reported IBIT holdings by 174% in the first quarter while also adding exposure to select Bitcoin, Ether and Solana-linked funds. JPMorgan Chase increased its reported holdings in several Bitcoin exchange-traded funds (ETFs) in the first quarter, led by a 174% jump in its position in BlackRock’s iShares Bitcoin Trust (IBIT), according to a 13F filing published Wednesday. The bank increased its position in IBIT from around 3 million shares in Q4 2025 to 8.3 million shares, according to the filing. The increase added about $162 million in reported value, based on filing data, despite Bitcoin price falling by more than 22% in Q1, according to CoinGlass data. Read more
Crypto analysts spot early altcoin recovery signals as key metrics improve and capital rotation hints at a potential altseason in 2026. Crypto market analysts say increasing altcoin performance and volumes on Binance, a rising altseason index and a strengthening TOTAL2 macro structure are early signs that the market could enter an altseason in 2026. Key takeaways: Crypto analyst Darkfost said that macroeconomic uncertainties surrounding the ongoing US and Israel-Iran war saw the altcoin sector correct by more than 50%. Read more
The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives clearing organizations (DCOs), or their participants for failing to comply with specified swap-related recordkeeping requirements or for failing to report covered transactions to swap data repositories. Event contracts on prediction markets technically qualify as “swaps” as they are based on binary events. However, the letter argued that similar contracts are listed for trade by DCMs and have more similar characteristics to futures and options on futures, hence enabling firm...
BoE weighs easing UK stablecoin caps and reserve demands after industry backlash, in a move that could decide whether GBP tokens can compete with dollar‑pegged rivals. Update May 14, 2:45 pm UTC: This article has been updated to include comments from Katie Haries, head of policy for Europe at Coinbase. The Bank of England (BoE) is reconsidering parts of its proposed regime for pound sterling stablecoins after digital asset companies warned that holding caps and reserve requirements could stifle adoption and make UK-issued tokens uneconomic. The central bank is looking at alternatives to temporary caps on how many stablecoins individuals and businesses can hold, and is examining whether its requirement that at least 40% of backing assets be held as non-interest-bearing deposits at the BoE is overly conservative, Deputy Governor Sarah Breeden told the Financial Times. Read more
BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter. Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue. Revenue for the quarter ended March 31 was $3.8 billion, up from $1.8 billion a year earlier, driven by higher digital asset trading activity and growing contributions from its stablecoin business, the company announced Wednesday. Revenue fell 38.7% from Q4 2025’s $6.2 billion, partly due to a shift in client trading from spot to derivatives, a product BitGo launched at the start of the quarter that generated roughly $3 billion in notional volume. However, net loss widened to $60.7 million from $25.7 million in Q1 2025, hit by a $53.7 million non-cash loss tied to the declining value of the company’s Bitcoin treasur...
One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country's 250th birthday on July 4, according to The Wall Street Journal. An official announcement could come on June 14, Trump's birthday, or during the Independence Day event on July 4, the WSJ reported Thursday, citing people familiar with the matter. However, the pardons are still in the preliminary stages and have yet to be confirmed. More than 16,000 formal requests for presidential pardons were submitted last year. Read more
A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place. A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. Aave has sought to use $71 million in ETH that Arbitrum froze to assist with recovery efforts following the Kelp DAO hack, one of the worst DeFi hacks this year. However, US law firm Gerstein Harrow LLP filed a restraining notice at the start of May, arguing its clients have a claim to the funds. Aave then filed an emergency motion to get the funds unlocked, arguing that user liquidations and potential DeFi market destabilization could occur if the funds are not unlocked soon. Read more
Nakamoto CEO David Bailey said the company is focused on scaling its Bitcoin treasury, services and trading strategies for the remainder of 2026. Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions of Bitcoin-focused news outlet BTC Inc. and Bitcoin-focused investment platform UTXO Management. More than $1.1 million of Nakamoto’s revenue came from its new Bitcoin treasury and derivatives strategy, $800,000 from its media business, $500,000 from healthcare operations and $200,000 from asset management services. Read more
The contracts will offer regulated exposure to multiple cryptocurrencies through standard and micro-sized futures products, according to the company. CME Group, the company behind the world's largest financial derivatives exchange, plans to launch the Nasdaq CME Crypto Index futures, a cryptocurrency futures index featuring exposure to seven digital assets in a single contract, on June 8. The new Nasdaq CME Crypto Index futures will track a market-cap weighted basket of cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK) and Stellar (XLM), according to Thursday's announcement. Read more
The testnet system uses post-quantum cryptography and zk-STARK proofs to protect encrypted transaction data from future quantum computing attacks. Developers behind the Tezos ecosystem launched a testnet prototype for private blockchain payments designed to resist future quantum computing attacks, as concerns grow that advances in quantum technology could eventually compromise existing blockchain privacy systems. The prototype, called TzEL, uses post-quantum cryptography and zk-STARK proofs to shield transaction data and encrypted payment metadata that could otherwise be vulnerable to “harvest now, decrypt later” attacks, where encrypted blockchain data collected today is decrypted in the future, according to Tezos. The prototype also uses Tezos’ Data Availability Layer to handle the larger proof sizes associated with post-quantum cryptography, which developers say has been one of the main technical barriers to building scalable quantum-resistant privacy systems onchain. Read more
Bitcoin’s rally may reverse as its price has hit a historic resistance level and traders appear to already be taking profits, said CryptoQuant in a note on Wednesday. Bitcoin is at risk of falling into a downtrend after its price hit a key historical “major bear market resistance level” based on its 200-day moving average, according to the crypto analytics firm CryptoQuant. The cryptocurrency hit its 200-day moving average of $82,400 after rallying over six weeks since early April when it fell to $66,000, CryptoQuant said in a report on Wednesday. “The 200-day MA [moving average] was a major resistance in the 2022 bear market: the price resumed its downward trend after hitting it in March of that year,” it said. “The current setup raises the question of whether history repeats.” Read more
Armstrong said the bill is "closer than ever" to advancing in the US Congress after months of negotiations between the crypto industry and banks. Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate's markup of the crypto market structure bill on Thursday. “I don't think it's ever been in a stronger or more bipartisan position,” he said about the latest iteration of the market structure bill. Armstrong said that the banking and crypto industry lobbies have reached a “healthy compromise” on stablecoin yield, which was one of the main issues that stalled the market structure bill in January. He added: Read more
Despite short-term bearish bets from a successful Hyperliquid whale, a growing US Fed balance sheet and rising inflation support Bitcoin in the long term. Key takeaways: Bitcoin (BTC) failed to sustain bullish momentum on Wednesday, retreating below the psychological $80,000 level. Traders grew anxious as persistently high oil prices applied pressure to inflation and consumer spending. A Hyperliquid whale with $42 million in historical profits flipped bearish, leaving investors to question whether the recent rally is losing its foundation. Read more10222 items