Professional trading desk with Bitcoin chart approaching $82K resistance amid macroeconomic data
Bitcoin News

Bitcoin longs surge as traders defend $76K support despite weak US economic data

Bitcoin (BTC) briefly touched $78,000 on Thursday before retreating, as a cautious outlook from retail giant Walmart and growing expectations of tighter US monetary policy weighed on risk assets. Yet, professional traders have been quietly increasing their bullish positions, signaling confidence that the $76,000 support level can hold. Top traders turn bullish despite macro headwinds […]

Bitcoin price chart on a trading monitor with a downward trend, indicating market volatility
Bitcoin News

Bitcoin’s Coinbase premium hits six-week low, but longer-term demand shows signs of stabilization

Bitcoin’s price metric closely watched by bullish traders, the Coinbase Premium Index, fell to a six-week low on May 19, reflecting a wave of profit-taking that saw holders realize $1.14 billion in daily gains. However, beneath the surface, longer-term demand signals suggest the market may be stabilizing rather than entering a sustained downturn. Coinbase Premium […]

Senator Elizabeth Warren speaking at a Senate Banking Committee hearing on crypto regulation
Bitcoin News

Senator Warren accuses OCC chief of violating banking law with crypto trust charter approvals

Senator Elizabeth Warren has accused the acting Comptroller of the Currency, Jonathan Gould, of violating federal banking law by approving national trust charters for at least nine cryptocurrency companies. In a letter sent Monday, the Massachusetts Democrat argued that the Office of the Comptroller of the Currency (OCC) exceeded its legal authority by granting charters […]

NYDFS building in Lower Manhattan, symbolizing regulatory approval for Galaxy Digital's BitLicense.
Bitcoin News

Galaxy Digital receives New York BitLicense, expanding institutional crypto reach

Galaxy Digital, the crypto-focused financial services firm led by Mike Novogratz, has secured a BitLicense and a Money Transmission License from the New York State Department of Financial Services (NYDFS). The approvals, granted to its subsidiary GalaxyOne Prime NY, allow the company to offer regulated trading and financing services to institutional investors in New York, […]

Digital newsroom desk with Bitcoin chart, THORChain recovery portal, and Italian bank reference
Bitcoin News

Today in Crypto: Saylor Signals BTC Buy, Italian Bank Doubles Holdings, THORChain Opens Recovery Portal

The cryptocurrency market saw three significant developments on May 17, 2026, spanning institutional adoption, corporate strategy, and security incident response. Strategy chairman Michael Saylor signaled a pending Bitcoin purchase, Italy’s largest bank more than doubled its crypto exposure, and THORChain launched a user recovery portal following a $10 million exploit. Saylor Signals Another Bitcoin Buy […]

Financial analyst monitoring STRC stock performance on a digital screen
Bitcoin News

STRC investors may be underestimating a key liquidity risk, analyst warns

Investors piling into Strategy’s variable-rate perpetual preferred stock (STRC) may be overlooking a fundamental risk that could trigger sudden losses, according to a credit market analyst. The warning comes as STRC’s daily trading volume hit a record $1.5 billion on Thursday, reflecting surging demand for the Bitcoin treasury company’s latest funding vehicle. What makes perpetual […]

Bitcoin Depot crypto ATM in an empty hallway showing an out of service screen
Bitcoin News

Bitcoin Depot warns of potential shutdown after $20M in legal losses and regulatory crackdowns

Bitcoin Depot, one of the largest cryptocurrency ATM operators in North America, has disclosed serious doubts about its ability to remain in business, citing a cascade of legal judgments, mounting regulatory restrictions, and a sharp drop in revenue. In a quarterly filing with the U.S. Securities and Exchange Commission on Tuesday, the company reported more […]

UK Houses of Parliament with subtle crypto symbols overlay representing political donations regulation
Bitcoin News

Nigel Farage bought $1.8M house after $6.7M crypto gift, faces UK parliamentary probe

United Kingdom politician Nigel Farage, leader of the Reform Party, purchased a property valued at 1.4 million British pounds ($1.8 million) after receiving a 5 million pound ($6.7 million) personal gift from crypto billionaire Christopher Harborne. The real estate transaction closed in May 2024, weeks before Farage announced his candidacy in the general elections, according […]

Dartmouth College campus with Baker Tower and financial data display representing crypto ETF investment
Bitcoin News

Dartmouth endowment invests in Solana ETF, boosting crypto exposure to $14 million

Dartmouth College, an Ivy League institution with a $9 billion endowment, has expanded its cryptocurrency holdings by investing in a Solana exchange-traded fund (ETF), according to a recent filing with the U.S. Securities and Exchange Commission (SEC). The move signals a deepening embrace of digital assets among elite university endowments. Dartmouth’s crypto portfolio details The […]