COI

May 06 2026CRYPTO

Bitcoin’s Growing Role in Big Finance

More companies are parking Bitcoin in their financial toolkits than ever before. Instead of buying coins directly, big investors now tuck Bitcoin into products like ETFs or structured notes. This shift shows how Wall Street is slowly absorbing crypto without fully embracing the wild swings of direct

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May 06 2026BUSINESS

Coinbase Lets Go of Workers to Spend More on AI as Crypto Stays Weak

This year, many workers at Coinbase faced an unexpected change when the company decided to let go of about 700 employees—around 14% of its team. The goal? Save money and shift focus toward using artificial intelligence to handle more tasks. But why now? The crypto market has been shrinking since pri

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May 06 2026CRYPTO

Big Banks Dip Toes into Bitcoin ETFs as Regular Folks Drive Demand

A new Bitcoin fund from a major bank is filling up fast—but not because the bank\’s own financial advisors are pushing it. Instead, the early money is coming from people trading on their own, showing that everyday investors now treat Bitcoin like any other asset to add to their portfolio. The fund,

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May 05 2026CRYPTO

Bitcoin as a Digital Power Plant

Michael Saylor, the CEO of Strategy, talks about how technology like AI and robots could make human work less valuable over time. He believes that owning things that can’t be copied, like scarce assets, will become more important in a world that moves online. Traditional wealth stores such as houses

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May 05 2026CRYPTO

Bitcoin Hits $80, 000 as Senate Talks Shift the Market

The price of Bitcoin surged past $80, 000 on Monday, a move that coincided with new developments in U. S. legislation and market sentiment. A key figure, Senate Banking Committee chair Tim Scott, announced that the CLARITY Act is “in the red zone, ” indicating a need for urgent action. Scott plan

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May 05 2026CRYPTO

Crypto Funds Wrap Up: What Happens When The Market Shifts

Bitwise is ending two of its crypto‑linked exchange‑traded funds, one that mixed Bitcoin and Ethereum with U. S. Treasuries and another that focused on Web3 companies. The last chance for investors to buy new shares is May 21, after which the funds will close. Their final net asset value will be set

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May 05 2026FINANCE

Bitcoin keeps rising, and traders betting against it are losing big

Bitcoin just hit another high, crossing $80, 000 briefly before settling around $79, 850. In just one day, traders lost over $370 million as prices surged, with most of the damage coming from bets that the price would fall. These "short" traders got caught off guard when the market moved up instead

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May 05 2026CRYPTO

What’s next for crypto rules after Senate’s stablecoin deal?

Lawmakers are moving closer to setting clear rules for crypto, but not everyone agrees on what those rules should be. A new proposal aims to settle a fight between banks and crypto companies over rewards tied to stablecoins—digital money designed to keep a steady value. Under the plan, crypto firms

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May 05 2026FINANCE

Bitcoin Near $80K: What’s Really Moving the Market

Bitcoin just dropped slightly after hitting $80, 000, but it's still up for the day. While it took a small step back, other major cryptocurrencies like Ethereum are climbing too. The big question now isn’t just about price—it’s about psychology. The $80, 000 mark has been a tough hurdle before, and

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May 04 2026CRYPTO

Fake Bank Tokens Trick People Before Real Coins Arrive

A new scam is using well‑known bank names to fool people into buying fake crypto coins. The Hong Kong Monetary Authority (HKMA) warned that tokens called “HSBC” and “HKDAP” were on the market even though no licensed bank had issued them. These names belong to two big banks that recently got li

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