Key Takeaways Garrett Jin deposited all 577,896 ETH ($1.35B) into Binance over 4 days ending May 11, 2026. Jin acquired the ETH by swapping BTC at $4,591 per ETH; the position has since lost about 49%. The Bitforex founder still holds roughly 9,343 BTC worth $757M despite the ETH drawdown. A $1.35 Billion ETH Offload…
Key Takeaways XRP topped $1.50 on May 10 as bitcoin reclaimed $82,000 during a crypto market rally. Sosovalue reported $34.21M in XRP ETF inflows, lifting XRP market cap above $92.6B. Ripple, Mastercard, and J.P. Morgan-backed XRPL treasury tests as analysts eye a $3.60 setup. ETF Inflows and Exchange Withdrawals Boost XRP Momentum On May 10,…
This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. This week in crypto law marked another major step toward the normalization of digital assets within the global financial system. U.S. lawmakers appear closer to resolving one of the most contentious issues in crypto regulation, while…
Key Takeaways After May 7, demand hit 15,579 MW, Venezuela upheld a mining ban, and will next sanction illegal operators. Tether sued Titan Holding over a $300M defaulted loan and next seeks an asset freeze to recover funds. Binance notes stablecoins drive 90% of Peru’s $28B crypto market, aiming to cut remittance middlemen. Venezuela Upholds…
Key Takeaways Strategy highlighted enterprise software operations as a core driver supporting its bitcoin treasury business. Cloud revenue increased 59%, while controllable margin improved 27% during the first quarter. Investors may increasingly evaluate Strategy through both BTC exposure and operational execution capabilities. Why Strategy Says Its Value Extends Beyond Bitcoin Holdings On May 10, Strategy…
Key Takeaways Bitcoin wallets from 2013 moved 500 BTC on May 10, reviving long-dormant holdings. According to btcparser.com data, Bech32 addresses absorbed 859.13 BTC, signaling continued wallet migration trends. Bitcoin worth $461,500 in 2013 now exceeds $40M, fueling whale-watch attention. Nearly 900 BTC Moved From 11 Dormant Wallets On Sunday, a total of 11 sleeping…
Key Takeaways Netblocks reports Iran’s internet blockade hits day 72, dropping access to 1% since the Feb 28 attacks. Economist Mahdi Ghodsi estimates the blockade costs up to $3B daily and threatens 2M jobs across the economy. Minister Sattar Hashemi opposes the 2-tiered Internet Pro system currently backed by hardliners. Iranian Internet Blockade Continues As…
Key Takeaways BAYC floor prices climbed 75.87% since April 10 as blue-chip NFT demand returned. Cryptopunks reached $73,200 on May 10 despite NFT volume falling 54.89% overall. Pudgy Penguins and MAYC gains hint NFT traders may test higher floors in 2026. Blue-Chip NFTs Spike, Volume Remains Quiet Non-fungible tokens (NFTs) have not experienced the same…
Key Takeaways Harrisx found 52% of voters support the CLARITY Act after reviewing a policy summary of the bill. Concerns about offshore crypto exchanges increased support for federal oversight, consumer protections, and U.S. financial leadership. Cryptocurrency regulation could influence 2026 midterm voting decisions, particularly among crypto owners and independents. Voters Link Crypto Rules to U.S….
Key Takeaways Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the spotlight. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) remains the…
