Bitcoin climbs past $80K for the first time since January
Bitcoin soared as the MSCI AC Asia Index rose to a new high on Monday, an early indicator that investors viewed the weekend developments in a reasonably positive light. Go to Source
Month: May 2026
Blackrock’s European Bitcoin ETP Surpasses $1.1 Billion in Assets With 14,200 BTC
Blackrock’s European iShares Bitcoin exchange-traded product has crossed $1.1 billion in assets under management just over a year after its launch, confirming that institutional demand for regulated bitcoin exposure has taken hold well beyond the U.S. market. Key Takeaways: Blackrock’s European IB1T ETP crossed $1.1 billion AUM with 14,200 BTC as of May 4, 2026. … Read more
$150 Million in Crypto Shorts Liquidated in 60 Minutes as Bitcoin Clears $80,000
Over $150 million in crypto short positions were wiped out in a single hour on May 4, 2026, as bitcoin’s breach of $80,000 triggered one of the sharpest short squeezes seen in recent months. Key Takeaways: $150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.8% … Read more
Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target
Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined … Read more
‘Stablecoins’ are an outdated term from crypto’s early years: a16z Crypto
John Palmer, a developer and brand adviser, said it “feels like a bug” to call them stablecoins and that they should have a self-defined and non-reactionary name. Go to Source
CFTC sees mixed responses to prediction market rulemaking
The CFTC received more than 1,500 responses to its prediction market rulemaking proposal, with respondents divided on how it should police the platforms. Go to Source
Stablecoin firms have a $112B opportunity in LATAM remittance outside of US-Mexico: Bybit
The US-to-Mexico remittance corridor, while still the largest, shrank 4.5% in 2025 as other Latin American corridors grew. Go to Source
China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order
The blocking statute invoked by MOFCOM requires other companies conducting commercial activities in the country to disregard the sanctions imposed on five domestic refiners linked to Iranian oil transactions, because they constitute an improper extraterritorial application of foreign laws and measures. Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC … Read more
Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June
Kevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee (FOMC) meeting June 16-17, 2026, as futures and prediction markets put the odds of a rate hold above 93%. Key Takeaways: Kevin Warsh cleared a 13-11 Senate Banking Committee vote on April 29, … Read more
Coinbase Says Prediction Markets Are Maturing, CFTC Needs No New Mandate
Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public post. Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction … Read more