Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle’s USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies. According to Wednesday’s announcement, USDF is designed to serve as the settlement asset for currencies created on Flipcash, a platform where users can launch fixed-supply digital currencies …
Monthly archives: May 2026
Bitcoin rallies through $77K despite spot BTC ETF outflows topping $2B
Key takeaways: $2 billion in spot Bitcoin ETF outflows spark downside fears, but this metric is typically backward-looking. A sustained discount on stablecoins in China signals broad capital flight from cryptocurrency markets. Bitcoin (BTC) reclaimed $77,000 on Wednesday as broader risk markets saw modest relief after Brent crude prices retreated below $108. However, large outflows …
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Securitize Tops Q1 2026 With Record Revenue While NYSE and Blackrock Deals Expand
Key Takeaways Securitize posted record Q1 2026 revenue of $19.5M, up 39%, led by a 201% jump in asset servicing fees. Blackrock’s BUIDL and NYSE partnerships drove institutional growth as the tokenized RWA market reached $31B by March 31. Securitize’s SPAC merger with Cantor Equity Partners II, valued at $1.25B, is expected to close in …
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David Bailey’s Nakamoto Approves 40-to-1 Stock Split to Push NAKA Above $1
Key Takeaways Nakamoto Inc. executes a 1-for-40 reverse split on May 22, 2026, to meet Nasdaq’s $1 minimum bid requirement. NAKA shares outstanding drop from 696.1 million to 17.4 million, while 10 billion authorized shares remain, raising dilution risk. CEO David Bailey’s bitcoin treasury firm holds 5,058 BTC but faces scrutiny over prior BTC sales …
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WhiteBIT Brings GBP Trading to UK Users With Dedicated Exchange
Key Takeaways WhiteBIT launched whitebit.uk on May 20, 2026, bringing GBP trading and FPS funding to U.K. users. The FCA reports 91% crypto awareness among U.K. adults, with 73% of holders using centralized exchanges like WhiteBIT. WhiteBIT, part of W Group’s 35 million-user network, plans to expand U.K. products as FCA regulation develops. Crypto Exchange …
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USDT Gains $5B as Rivals Shed $4.2B, Marking Increased Dominance
Key Takeaways Tether’s USDT supply grew by over $5 billion, reaching approximately $189.7 billion. USDC, USDe, and PYUSD lost a combined $4.2 billion as net stablecoin growth stalls at just 0.3%. Ethena’s USDe is down 34% year-to-date since October 2025, signaling structural pressure on synthetic dollars. Tether Consolidates Grip as Rivals Retreat According to data, …
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SurgeXRP Announces $SGP Token Launch as the XRP Real Estate Marketplace Targets Q3 2026 Launch
Tallinn, Estonia, May 20th, 2026 | SurgeXRP, a real-world asset marketplace built natively on the XRP Ledger, today announced the launch of its $SGP utility token through a limited 60-day early access presale event beginning May 18th, 2026, ahead of the platform’s public beta release targeted for Q3 2026. The $SGP token is the economic …
Bitfinex Analysts Warn $85,900 BTC Resistance Could Cap Any Recovery Rally
Key Takeaways Bitcoin long traders lost $584 million in a single Monday session, the largest long wipe-out since early February. Bitfinex analysts place BTC’s critical support at the May Monthly Open of $76,318, aligning with the 30-day accumulator cohort cost basis near $76,500. Stablecoin market cap reached $322 billion, adding $2 billion in a week, …
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Bitcoin Adds $20B to Crypto Economy as Traders Defend $77,000 Support
Key Takeaways Bitcoin fluctuated around $77,500 after a sharp midnight breakout from the $76,700 level. The total crypto economy climbed by over $20 billion to reach an aggregate market cap of $2.66 trillion. Traders await whether bitcoin will test $77,600 next, following a drop in WTI oil to $97 per barrel. Bitcoin Volatility Tightens Near …
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Price predictions 5/20: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
Key points: Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000. HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support. Bitcoin (BTC) has risen above $77,500, but the recovery is expected to face resistance in the $78,500-$82,000 range. The …
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Fairshake PAC’s $20M backing pays off in three US state primaries
Political action committees (PACs) aligned with and funded by the cryptocurrency industry notched a series of wins in three US state primaries on Tuesday, potentially setting a precedent for the 2026 midterm elections. The Fairshake PAC and its affiliates poured a combined $20 million into supportive media for the races. The committee, largely funded by …
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Tether buys SoftBank’s stake in Bitcoin company Twenty One Capital
Tether has acquired SoftBank Group’s stake in Twenty One Capital, the Bitcoin treasury company that is expanding into lending, mining and capital markets services, in a move that gives the stablecoin issuer greater control over one of the largest publicly traded Bitcoin holders. In an announcement on Wednesday, Tether said it purchased SoftBank’s roughly 26% …
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Vitalik Buterin Details Ethereum Upgrades to Boost Privacy Features
TLDR Vitalik Buterin outlined new Ethereum upgrades aimed at enabling native onchain privacy for users. The roadmap includes account abstraction FOCIL and keyed nonces to improve transaction confidentiality. FOCIL introduces validator-enforced transaction inclusion to reduce the risk of censorship on the network. Account abstraction allows Ethereum accounts to function like smart contracts with enhanced security …
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Bitcoin sees fresh US sell-off as markets await Nvidia ‘biggest earnings event’
Bitcoin (BTC) halted its latest recovery at Wednesday’s Wall Street open as US traders sold off. Key points: Bitcoin nears $78,000 before the US open spoils momentum, continuing a trend from earlier in the week. US stock markets await Nvidia earnings amid a tense macro atmosphere. Bitcoin’s Coinbase Premium sees multi-month lows in a sign …
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Nearly 10% of Bitcoin supply is ‘structurally unsafe’ from quantum breakthrough: Glassnode
Nearly 10% of the total Bitcoin supply is considered “structurally unsafe” due to a quantum computing breakthrough, as their output type reveals the public key by design, regardless of address management practices, according to data analytics platform Glassnode. Totaling about 1.92 million Bitcoin (BTC), the group includes BTC from early Satoshi-era Pay-to-Public-Key (P2PK) outputs, legacy …