Bitcoin News Reader - Coinhills

Justin Sun called it a “meritless PR stunt.” World Liberty Financial, or WLFI called it a lawsuit. WLFI Vs. Sun: A Public Feud Goes Legal The Trump-affiliated crypto project filed a defamation claim against the Tron founder on Monday, accusing him of running a deliberate campaign to trash its reputation and push its token price down. According to the filing, Sun began making false

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 meant to manage expenses, streamline operations, and position Coinbase for the AI era. Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. R

Coinbase's layoffs will cost between US$50 million and US$60 million to complete by Q2.

Dogecoin may not be finished with its multi-year compression phase if a new XRP fractal chart from analyst Charting Guy continues to track. The setup suggests DOGE’s next decisive run toward a prior-cycle high could arrive around mid-2028, with the chart mapping a prolonged base before any attempt at a breakout. Charting Guy shared the updated DOGE/XRP fractal on May 4, writing sim

Kraken and Moneygram are linking crypto balances to cash withdrawals through a global pickup network. The partnership supports local-currency payouts across hundreds of fiat currencies and more than 100 countries. Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram

A Fairshake poll finds 45% of Americans call crypto too risky as industry PACs deploy over $100 million into midterms. A Politico poll conducted by Public First in April 2026 found that 45% of Americans say investing in cryptocurrency is…

Michael Saylor proposes using bitcoin sales to support dividends, as Strategy reported a $12.54 billion Q1 loss.

If Bitcoin closes above $80,000 on a daily candle, a short squeeze could send prices racing toward $82,230 — a level that hasn’t been tested in seven months. That’s the scenario analysts are watching after a massive wave of selling halted Bitcoin’s climb at a key resistance zone over the weekend. Short Sellers Dominate The Derivatives Market Data from Binance futures shows nearly

Strategy, the world’s largest publicly traded Bitcoin (BTC) holder, released its first-quarter (Q1) financial results on Tuesday, and the headline number was stark: more than $12 billion in losses.  Strategy Q1 Financial Snapshot In its report, the company said its operating loss for Q1 2026 totaled $14.47 billion, compared with $5.92 billion in Q1 2025. Strategy also broke out the

Online gambling operator Stake officially launched in Mexico on Monday, going live through stake.mx under a permit-based structure overseen by SEGOB, the Ministry of the Interior. The company is operating as an agent under a license agreement with intermediary firm Uno Capali, a structure commonly used in Mexico, where new federal gambling permits are rarely […]

Wall Street executives warned at Consensus 2026 that legacy markets built for slower trading are breaking under 24/7 crypto pressure. Wall Street executives gathering at Consensus 2026 in Miami on May 5 warned that traditional financial infrastructure was not built…

Speakers point to complexity, poor user experience and lack of transparency as key obstacles for mainstream users.

Ethereum is holding above $2,300 as the market builds toward what feels like a decisive move in either direction. The price is constructive but unresolved, and an Arab Chain report has just surfaced a shift in accumulation behavior that adds a layer of structural context to the current setup that the price chart alone does not capture. The pace of Ethereum withdrawals from exchang

Investors back a model that moves insurance risk and capital flows onto blockchain rails, as onchain reinsurance looks to attract institutional participation.