News ·
Bitcoin holds above $80,000 as accumulation builds
Bitcoin’s move above $80,000 this week is notable, but what matters more is what followed the breakout.
The Coin Daily
News
Individual stories from Daily News.
News ·
SEC delays prediction-markets ETFs under continued review
The SEC has delayed the launch of 24 exchange-traded funds tied to prediction markets, putting new products from Bitwise, Roundhill and GraniteShares on hold j…
News ·
Federal court clears Ethereum transfer to Aave tied to rsETH recovery
A federal judge in Manhattan has authorized the transfer of about 30,766 Ethereum—worth roughly $71 million—from Arbitrum to a wallet controlled by Aave LLC.
News ·
Binance tops RootData’s latest exchange transparency rankings
Binance ranked number one in RootData’s latest exchange transparency table for the week ending May 3.
News ·
U.S. spot Bitcoin ETFs post net outflows as Bitcoin stays rangebound
Spot Bitcoin ETF flows just turned negative.
News ·
AWS teams with Coinbase and Stripe to enable AI agents to pay in USDC
Amazon Web Services just added machine payments to its Bedrock AgentCore, introducing a workflow built with Coinbase and Stripe that lets AI agents pay for acc…
News ·
Payward acquires Reap to expand stablecoin payments
Payward, the parent of Kraken, has agreed to buy Hong Kong-based Reap Technologies in a deal worth up to $600 million, with consideration in cash and Payward s…
News ·
Aave advances rsETH recovery after court clears frozen Ethereum
Aave’s path to recovering from April’s rsETH exploit hit a key turning point this week.
News ·
Bitcoin falls back below $80,000 after latest rally
Bitcoin fell back below $80,000 after briefly reaching the $82,800 region earlier this week, with Bitstamp showing a high of $82,833 before price slipped to ab…
News ·
Ripple links XRPL to banking infrastructure in pilot transaction
Ripple’s latest pilot moved a tokenized U.S.
News ·
Coinbase posts a quarterly loss as revenue falls
Coinbase reported a net loss of $394 million for the first quarter, with revenue down 31% to $1.41 billion.
News ·
Binance signals a possible return to the U.S. market
Changpeng Zhao used the Consensus Miami conference to put a U.S.
News ·
Arbitrum approves Ethereum transfer for Aave exploit recovery
Arbitrum DAO has approved a transfer of more than 30,000 ETH — about $71 million — to support Aave’s recovery after the rsETH bridge exploit in April.
News ·
Ethereum approaches breakout area as ETF inflows build
Ethereum is trading near 2,325, and the immediate shift to watch is in ETF flows.
News ·
XRP Ledger handles tokenized U.S. Treasury redemption across borders
Ondo Finance, Ripple, Mastercard, and JPMorgan’s Kinexys unit have completed a cross-border, cross-bank redemption pilot involving a tokenized U.S.
News ·
Coinbase cuts about 700 jobs in AI restructuring
Coinbase is cutting about 700 jobs, roughly 14% of its global workforce, as it reorganizes around AI.
News ·
Strategy signals potential Bitcoin sales to fund dividends
Strategy, the company known for amassing the largest corporate Bitcoin position, is signaling a notable shift in how it may use its Bitcoin holdings.
News ·
California man gets prison term in $250 million crypto theft conspiracy
A federal court has sentenced 20-year-old Marlon Ferro of Santa Ana, California, to 78 months in prison for his role in a crypto theft conspiracy that stole mo…
News ·
Tether posts more than $1 billion in quarterly operating profit
Tether just posted more than $1 billion in operating profit for the first quarter of 2025.
News ·
Oil slides more than 10% on signs of U.S.-Iran peace progress
Oil didn’t just drift lower today — it repriced fast.
News ·
Bitcoin jumps above $82,000 on U.S.-Iran agreement reports
Bitcoin broke above $82,000 on Wednesday after reports of progress toward a US–Iran agreement triggered a rebound in risk assets.
News ·
Coinbase cuts about 700 jobs and restructures around AI
Coinbase is cutting about 700 jobs, or roughly 14% of its workforce, as it restructures around AI and tighter cost control.
News ·
Strategy considers a Bitcoin sale after $12.54 billion net loss
Strategy, the software company best known for converting itself into a Bitcoin holding vehicle, is now openly discussing the prospect of selling Bitcoin after…
News ·
Ethereum holds below $2,400 as the broader crypto market rises
Bitcoin is leading this rally, but Ethereum is the real test of breadth.