Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model

In recent developments, coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is…

Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says

In recent developments, bitcoin’s upside remains tied to macro stability as BTC trades near $81,000. Wintermute said strengthening on-chain data and ETF inflows have not yet confirmed an independent breakout.…

Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs

In recent developments, a newly created Hyperliquid wallet deployed $1.31 million into a 6x leveraged long on toncoin (TON) on Tuesday, setting a liquidation floor at $1.4213 and drawing immediate…

Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward

In recent developments, circle shares surged nearly 20% on May 4, closing at $119.53, after U.S. Senators Thom Tillis and Angela Alsobrooks reached a bipartisan compromise on the CLARITY Act’s…

Polygon Unveils Private Stablecoin Payments to Lure Traditional Finance

In recent developments, the solution, which uses zero-knowledge proofs to verify every transfer, will allow companies moving large volumes to maintain the secrecy of these movements, improving transaction confidentiality. The…

Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC

In recent developments, strategy reported a $12.54 billion net loss in the first quarter of 2026 as bitcoin valuation losses overwhelmed revenue growth and active financing. The quarter showed how…

A16z Crypto Unveils $2.2 Billion Fund to Build the ‘Next Wave’ of Financi…

In recent developments, the funds will focus on supporting founders who build solutions around crypto, including payments, financial services, creator platforms, and decentralized infrastructure, which produce lasting value by turning…

Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trilli…

In recent developments, bitcoin surged past the $81,000 milestone for the first time in months, reaching an intraday peak of $81,714. Despite brief periods of volatility, the cryptocurrency maintained strong…

Cryptoquant: BTC Dominance to Persist Until ETH Spot Demand Catches Up

In recent developments, bitcoin and ether are recovering on fundamentally different supply and demand structures in 2026, according to a new Cryptoquant analysis. The divergence is now a key signal…

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

In recent developments, while Roni Cohen-Pavon’s lawyers have asked for time served, US Attorney Jay Clayton was unspecific in the federal government’s recommendation, requesting the judge defer to sentencing guidelines.…