Key Takeaways Robinhood CEO Vlad Tenev said May 8, 2026, that the U.S. is very close to passing the Crypto Clarity Act. Senator Angela Alsobrooks says the yield issue blocking bitcoin market structure legislation is now resolved. The Crypto Clarity Act would define which digital assets are securities versus commodities in U.S. law. Landmark Legislation …
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Key Takeaways Coinbase purchased $88 million in bitcoin during Q1 2026, the company disclosed on its earnings call. The buy adds Coinbase to the growing list of publicly traded firms holding bitcoin on their balance sheet. Coinbase CFO Alesia Haas also revealed the company’s USDC deal with Circle cannot be terminated. Strong Accumulation Signal Coinbase, …
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Key Takeaways Coinbase’s exchange suffered a 2+ hour outage on May 8, due to an AWS infrastructure failure. Some Coinbase users could not trade or faced degraded performance during the AWS disruption. Coinbase confirmed it is investigating the issue; no resolution timeline has been shared publicly. Major Disruption Affects Withdrawals, Trades Coinbase, one of the …
Key Takeaways Amy Howe departed as FanDuel CEO on May 6 with $4.37M severance after five years leading the US sportsbook. Christian Genetski assumed leadership; Dan Taylor was named President of Flutter Entertainment in a newly created role. Flutter Q1 revenue up 17% to $4.3bn; FY 2026 EBITDA guidance lowered from $2.97bn to $2.87bn. Genetski …
The demand for gold in the first quarter rose massively amid an increase in the price of the yellow metal, according to a World Gold Council report. The report says gold demand by volume increased by 74% to reach $193 billion in the first quarter of 2026. On a sector-by-sector basis, the demand for gold …
Nearly half of US voters are willing to cross party lines to get clear crypto regulation off the ground, while public support for the CLARITY Act could bring an electoral benefit for politicians, according to a new survey from HarrisX. The poll included responses from 2,008 registered voters from May 1-4. It found that 52% …
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Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to …
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US prosecutors said they have secured eight sentences in the last five months against people acting as US-based proxies for North Korea-based IT workers, shedding new light on how they have been able to infiltrate US companies. Two men have been sentenced this month alone. The Justice Department said Wednesday that separate courts sentenced Nashville …
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Aptos Foundation and Aptos Labs have committed $50 million to Aptos development, with a particular focus on AI agent infrastructure and research, including support for two products it shipped last year to meet rising demand for onchain AI agent activity. Those products include Decibel, an AI-powered onchain order book and perpetuals exchange that launched on …
Coinbase shares slid Thursday after the US crypto exchange reported a steep first-quarter loss while revenue missed Wall Street expectations. Coinbase reported a net loss of $394.1 million in Q1, its second consecutive quarterly loss after reporting a $667 million loss in Q4 2025. It swung from a $65.6 million profit a year earlier. “Macro …
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Jack Dorsey’s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years. Block’s Q1 earnings came in at 85 cents per share, beating the Zacks consensus estimate of 68 cents per share. Investors responded positively, driving Block shares to $75.70 after hours, …
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Key Takeaways Payward Inc. agreed to acquire Reap Technologies for up to $600 million, valuing Kraken’s parent at $20 billion. Reap nearly tripled revenue and volumes in 2025, with the global stablecoin card market now exceeding $18 billion annually. The deal is expected to close in the second half of 2026, expanding Payward Services into …
Key Takeaways Premier David Burt revealed a new USDC airdrop and merchant program at Consensus Miami 2026 on May 6. Bermuda uses its 2018 Digital Asset Business Act to lead stablecoin adoption in small global economies. The 2026 initiative targets retail utility, requiring shops to update point-of-sale systems this year. Strategic Expansion of USDC Airdrops …
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Key Takeaways $88.88K was identified as the first major resistance level above the current bitcoin price. Underwater holder cohorts could increase sell pressure as BTC approaches key realized price bands. Sustained acceptance above $88.88K would place the most recent holder cohort back into profit. Bitcoin UTXO Age Bands Show What Could Confirm a BTC Bottom …
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Key Takeaways Casino.org, Casino Guru, and Covers.com are now inside Genius Sports platform after the $1.2 bn Legend acquisition close. Q1 revenue beat consensus by 10% at $188M, while EPS missed by 20x at -$0.21 on acquisition costs. Q2 forecast projects $185M revenue with $45M EBITDA, nearly doubling Q1 margin from Legend integration. The London-based, …
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