Bitcoin’s prolonged consolidation below $70,000 may be paving the way for a more significant rally, according to a crypto analyst. “The longer it lasts, the heavier the breakout will be,” MN Trading Capital founder Michael van de Poppe said in an X post on Friday. “Bitcoin remains stagnant in this area, which means that there’s … Read more
Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart. “There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” Seyffart said on the Coin Stories podcast … Read more
Cambodia’s parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency. In a Friday notice, the Senate of the Kingdom of Cambodia announced that the chamber had unanimously approved the draft law with no amendment, with 58 senators voting yes. According to reports, the draft bill, which would still need … Read more
The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the Foundation’s 70,000 goal. The EF staked the coins in a series of transactions, each consisting of 2,047 ETH, … Read more
Brokerage services giant Charles Schwab plans to roll out spot cryptocurrency trading in the first half of 2026, pushing it deeper into digital assets. “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin BTC$66,871.28 and ether (ETH),” a company spokesperson told CoinDesk on Friday. The … Read more
Corporate Bitcoin (BTC) holders are diverging into two distinct paths amid continued market pressure. While Strategy held steady on its massive BTC reserves, Nakamoto Holdings moved in the opposite direction, selling at a loss and trimming exposure as it reworks its balance sheet. The contrast highlights a growing divide in the corporate Bitcoin treasury model. … Read more
Decentralized email platform Dmail Network is shutting down after five years of operations, citing high infrastructure costs, weak monetization, failed funding efforts and limited token utility. The platform said it will gradually cease all services starting May 15, and urged users to export their data before then. It said all nodes will shut down after … Read more
Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286 million. Drift said on X that it had initiated onchain contact with wallets holding the stolen Ether (ETH), seeking to open … Read more
Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from DefiLlama. The $40 million private key compromise of Step Finance in January was the largest exploit of the quarter, the data shows, followed … Read more
The International Monetary Fund said tokenization has the potential to remove friction and boost transparency in finance, but warned that the technology could also create challenges that affect financial stability. “The net effect of tokenization on financial stability is uncertain,” the IMF said in a 23-page report on Thursday, stating that “atomic settlement and enhanced … Read more