Bitcoin preps highest weekly close since January as BTC price nears $79K
Bitcoin canceled out the week’s earlier losses to tease the highest BTC price weekly candle close since the end of January near $79,000. Go to Source
Month: May 2026
Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings
Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company’s latest disclosed buy, leaving traders watching his orange-dot posts for the next signal. Key Takeaways: Strategy paused bitcoin purchases after its latest disclosed $255 million BTC acquisition. Investors shifted focus toward MSTR’s leverage, reserves, volatility, … Read more
Bitcoin Difficulty Falls 2.3% as Hashrate Slips Below 1 ZH/s and Block Times Slow
This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s) threshold. Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 … Read more
Americans distrust crypto, AI as industry super PACs flood midterms, poll finds
A new Politico poll finds most Americans distrust crypto and AI, raising questions about whether candidates backed by industry super PACs could face voter backlash. Go to Source
Stablecoins Reach $321B Market Cap as $1B Inflows Lift Sector to New High
Following a week marked by an absence of both inflows and outflows, the stablecoin economy recorded $1.08 billion in inflows from April 26 through May 3. Data further indicates that, as of Sunday, the sector’s total market valuation stands at $321.759 billion, based on figures logged by defillama.com. Key Takeaways: Stablecoin market hits $321.759B after … Read more
Iran’s largest crypto exchange founded by sons of family tied to supreme leaders: Reuters
Nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders. Go to Source
France Scraps Dangerous Reporting Rule, Pension Fund Buys MSTR, And More – Week In Review
This week’s crypto stories spanned enforcement, mining, regulation, adoption, and institutional flows. Chainalysis traced Iran-linked stablecoin routing behind a major USDT freeze, while Riot continued its steady BTC sales to NYDIG. France dropped a proposed self-custody reporting rule, Binance argued crypto’s next wave of users will come through payments and utility, and Canada’s AIMCo disclosed … Read more
New York forces Uphold to pay $5M over fraudulent crypto investment scheme
New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Go to Source
Latam Insights: Brazil Bans Crypto Transfers as Meta Launches USDC Payouts
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil’s central bank issues a resolution banning the use of crypto rails in regulated cross-border payments, Bitso estimates 40% of all crypto purchases include stablecoins, and Meta launches USDC payments in Colombia. Key … Read more
Worker Wins Landmark AI Substitution Case in China
Experts stated that the decision, which sets a precedent for future AI substitution cases, establishes that AI replacement cannot be brandished as a justification to abandon a labor contract. China is the world’s second-largest AI hub. Key Takeaways: The Hangzhou Court ruled that replacing Zhou with an AI model didn’t justify his forced termination. This … Read more