Farage faces UK standards probe over $7M gift from crypto billionaire

Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne. The UK Parliamentary Standards Commissioner has opened an inquiry into whether Farage breached House of Commons rules by not registering the payment, the BBC reported …

Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line

Tokyo-listed Metaplanet reported first-quarter operating income Wednesday of 2.27 billion Japanese yen (roughly $14.38 million) on net sales of about $19.5 million, implying an operating margin of 73.6% as surging Bitcoin option income more than tripled revenue from a year earlier, according to the company’s Q1 fiscal year 2026 earnings release. The strong operating performance …

Bitcoin to $100K in Q2? Strategy’s STRC unlocks potential to buy 3K BTC in two days

Bitcoin (BTC) may reach $100,000 by June as Strategy’s renewed buying power and falling stablecoin dominance suggest liquidity is returning to crypto. Key takeaways: Michael Saylor’s Strategy may purchase at least 3,127 BTC this week via the sales of STRC shares. Falling crypto market dominance of USDT and USDC stablecoins increases BTC’s odds of reaching …

Analyst Says No Reason for Bitcoin Reversal, Sees BTC Approaching Next Resistance Levels – Here Are His Targets

Popular crypto analyst Michaël van de Poppe thinks Bitcoin (BTC) is not at risk of a sudden collapse in the coming months. Van de Poppe tells his 821,000 followers on X that the top crypto asset by market cap is showing increasing signs of a bullish market structure and thinks Bitcoin will attempt to break …

Bitcoin price repeating move with 77% all-time high odds within year: Analyst

Bitcoin may have a roughly 77% chance of reaching new all-time highs within a year if historical BTC price patterns repeat. Key points: Bitcoin reduces its drawdown from all-time highs from 50% to 35% with its rebound to $80,000. History shows that new all-time highs have come within a year during similar events. The Buffett …

Vietnam eyes Q3 launch for regulated crypto asset market: Report

Vietnam could see the first official activity in its regulated crypto asset market as early as the third quarter of 2026, Deputy Minister of Finance Nguyen Duc Chi said at the Digital Trust in Finance 2026 forum. “We believe that, as early as the third quarter, Vietnam could witness the first official activities of its …

Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026

Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds. Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published …

EToro profits rise as commodities boom offsets crypto trading slump

EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity. Net income rose 37% year-over-year to $82 million, compared to $60 million in Q1 2025, the company announced Tuesday. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) climbed 35% to …

Strategy Estimated to Have Bought 2,110 BTC Today Using STRC Proceeds

Key Takeaways Strategy is estimated to have bought 2,110 BTC on May 13, funded by proceeds from its STRC preferred stock program. The company raised $206M via STRC in May 2026, issuing 2.12 million shares at near its $100 par value. Strategy’s total holdings now stand near 820,000 BTC, acquired at an average cost of …

Schumer Says Democrats Want a Good Crypto Bill as CLARITY Act Enters Key Phase

Key Takeaways Schumer publicly backed crypto legislation, saying Democrats want “a good crypto bill” to pass in 2026. The GENIUS Act passed the Senate 68-30 in 2025, with 18 Democrats voting yes despite Schumer’s earlier resistance. Senate Banking Chair Tim Scott has targeted a CLARITY Act markup for May 14 and a floor vote by …

JPMorgan Eyes Ethereum Again With Second Tokenized Treasury Fund

Key Takeaways JPMorgan filed with the SEC to launch JLTXX, its 2nd Ethereum tokenized fund, via Kinexys Digital Assets. JLTXX must hold 100% short-term U.S. Treasuries, aligning with GENIUS Act stablecoin reserve rules. Blackrock’s BUIDL surpassed $2.8B in AUM by early 2026, setting the pace in tokenized Treasury competition. Kinexys Powers the Onchain Infrastructure The …

Ray Dalio Warns Bitcoin’s Correlation With Tech Stocks Hurts Its Safe Haven Appeal

Key Takeaways Ray Dalio argues Bitcoin failed as a safe haven in 2026. Bitcoin’s 20% first-quarter drop and link to tech stocks bolster Dalio’s view that it is not digital gold. Michael Saylor defends bitcoin, noting it has outperformed gold since Strategy adopted the asset in 2020. Dalio: Bitcoin Too Small to Rival Gold In …

MEXC Commits to 1,000 BTC Purchase as Guardian Fund Targets $500M Expansion

Key Takeaways MEXC plans to expand its Guardian Fund to $500M over two years, along with a 1,000 BTC reserve. MEXC logged $270M inflows by May 11, reflecting demand for stronger reserve safeguards. MEXC will add on-chain BTC and USDT proof-of-reserves to boost transparency and trust. BTC and USDT to Serve as Dual Reserve System …

Stables Taps T-0 Network as Asia’s 60% Stablecoin Payment Share Tests USDT Rails

Key Takeaways Stables partnered with T-0 Network on May 12, 2026, to scale institutional USDT settlements across Asia. Infrastructure gaps persist in Asia, where 60% of global stablecoin flows face fragmented banking access. Stables targets the $300B market, routing USDT until local coins mature alongside Mansa and eStable. Navigating Regulatory Moats Stables, a stablecoin infrastructure …

BASIS.pro Is Live: Base58Labs Officially Launches Crypto Arbitrage Platform

May 13th, 2026 – London, United Kingdom Following the successful completion of its private testing phase, BASIS is now officially live, with the platform publicly accessible at basis.pro as the company moves to address what industry participants increasingly describe as a structural gap in digital asset infrastructure. The platform, developed with engineering support from Base58 …

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