Key Takeaways: Binance launched ‘Withdraw Protection’ on May 4, offering users a provision to block outgoing transfers for 1–7 days. Physical coercion …
Gavin Gill
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Bitcoin
Coinbase Lays Off Hits Southeast Asia Growth Teams as Company Slashes 14% Workforce
by Gavin Gillby Gavin GillGlobal cryptocurrency exchange Coinbase has reduced its workforce by approximately 14%, a restructuring effort that CEO Brian Armstrong stated is necessary to …
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Bitcoin
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
by Gavin Gillby Gavin GillKey Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent deposit flights. Eleanor Terrett notes big …
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Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s …
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Bitcoin
Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap
by Gavin Gillby Gavin GillKey Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 …
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Bitcoin
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
by Gavin Gillby Gavin GillKey Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged …
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Bitcoin
Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs
by Gavin Gillby Gavin GillKey Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The …
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Bitcoin
Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access
by Gavin Gillby Gavin GillKey Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered …
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Bitcoin
Crypto Influencer Claims Binance to Relaunch in the Philippines via ‘Backdoor’ in June 2026
by Gavin Gillby Gavin GillGlobal cryptocurrency exchange Binance is allegedly preparing to legally re-enter the Philippine market by June 2026 through a local entity, according to …
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Bitcoin
Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead – Bitcoin News
by Gavin Gillby Gavin GillKey Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April …
