Key Takeaways Payward Inc. agreed to acquire Reap Technologies for up to $600 million, valuing Kraken’s parent at $20 billion. Reap nearly tripled revenue and volumes in 2025, with the global stablecoin card market now exceeding $18 billion annually. The deal is expected to close in the second half of 2026, expanding Payward Services into
Key Takeaways $88.88K was identified as the first major resistance level above the current bitcoin price. Underwater holder cohorts could increase sell pressure as BTC approaches key realized price bands. Sustained acceptance above $88.88K would place the most recent holder cohort back into profit. Bitcoin UTXO Age Bands Show What Could Confirm a BTC Bottom
Key Takeaways Coinbase reached 8.6% crypto trading volume market share, setting a new company high. Derivatives adoption lifted retail annualized revenue above $200 million, expanding Coinbase’s revenue mix. Base and USDC activity could further strengthen Coinbase’s role in digital payments. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq:
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in
Key Takeaways Senate Banking leaders reportedly circulated the CLARITY Act draft text before a potential Thursday committee vote. Unresolved bracketed sections, ethics language, and stablecoin rewards remain key sticking points. Polling found 52% of voters support the CLARITY Act after a neutral description. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee
Key Takeaways Coinbase integrated x402 and wallet infrastructure into Amazon Bedrock Agentcore Payments for AWS developers. Agent payments include spending limits, compliance checks and transaction visibility. Developers may connect agents to x402 services for search, data, evaluations, and backend setup. Coinbase Gives Amazon Bedrock Agents Wallet Capabilities Crypto exchange Coinbase (Nasdaq: COIN) announced on May
Key Takeaways 21shares launched TCAN on Nasdaq with direct exposure to Canton Coin. U.S. investors gain regulated access to Canton’s privacy-enabled blockchain infrastructure. Validator participation extends 21shares’ role across Canton Network operations. 21shares Brings Canton Network Exposure to US ETF Investors 21shares announced on May 7 the launch of the 21shares Canton Network ETF (Nasdaq:
Key Takeaways Federal investigators are examining oil futures trades totaling more than $2.6 billion. Large bets preceded Iran-related updates that appeared to move global oil prices. Authorities are reviewing whether nonpublic information influenced the timing and scale. DOJ and CFTC Probe Oil Futures Bets Before Iran Updates The Department of Justice (DOJ) and Commodity Futures
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday it plans to scale its Muskogee, Oklahoma campus to roughly 1.5 gigawatts of gross power, or about 1 gigawatt of
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The Miami-based company said it signed a $9.8 billion triple-net lease for 352 megawatts of IT capacity at its Beacon Point campus in Nueces