Bitcoin

Bitcoin

Bitget AI Hits 1 Million Users and $1.2B in Agent Trading Volume Across 58 Tools

Key Takeaways Bitget AI disclosed that it crossed 1 million users and $1.2 billion in trading volume across 58 tools as of mid-May 2026. CEO Gracy Chen signals Bitget is shifting from AI chat features to full execution, targeting an agent-native exchange model. AI Trading Playbooks launched in beta, letting traders build and deploy natural-language

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Bitcoin

Buying Gold Bars With Crypto Leads to Arrest

Key Takeaways Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency. IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced. Following a May 2026 raid, Andresen will next face up to 20 years in prison for each charge.

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Bitcoin

Oil Perps Hit $106 on Hyperliquid, Bitcoin Falls Below $77K as Trump Warns Iran: ‘Clock Is Ticking’

Key Takeaways Trump warned Iran on Truth Social on May 17, 2026, after a call with Netanyahu, adding pressure to stalled ceasefire talks. Hyperliquid oil perps xyz:WTIOIL and xyz:BRENTOIL topped $102 and $106, with combined open interest above $481 million. Trump convenes the Situation Room on Tuesday to weigh military options if Iran fails to

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Bitcoin

Iran Launches Hormuz Safe, Claims $10B Revenue – Bitcoin News

Key Takeaways Iran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue. Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators. The platform covers Persian Gulf and Strait of Hormuz transits, with policy terms and war-damage exclusions still evolving.

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Bitcoin

SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry

Key Takeaways SBI Securities and Rakuten Securities plan to sell crypto investment trusts, opening bitcoin and ethereum to retail brokerage accounts. Japan’s FSA targets 2028 for Investment Trust Act revisions, with a proposed 20% tax rate replacing the current 55% cap. Nomura, Daiwa, and 11 other firms will evaluate crypto fund offerings once Japan’s regulatory

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Bitcoin

DeFi Confidence Cracks After KelpDAO Exploit as Aave Suffers 44% Monthly Drop

Key Takeaways Aave lost $11.6B in TVL after KelpDAO’s $292M exploit rattled DeFi in Apr. 2026. Defillama data shows 31 of the top 50 DeFi protocols posted TVL losses in 30 days. Securitize bucked the trend as Lido held $19.2B TVL despite a 13.36% monthly drop. Defillama Data Shows 31 of Top 50 DeFi Protocols

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Bitcoin

Prediction Markets Bet $5.5M on the Most Expensive US House Primary Ever – Bitcoin News

Key Takeaways Polymarket and Kalshi traders have moved $5.5M in combined volume on KY-04, with Gallrein at 52%. Super PACs backing Gallrein have spent $14M+, making KY-04 the costliest U.S. House primary ever. Massie trails Gallrein 43% to 48% in polling, with the May 19 outcome hinging on turnout. Gallrein Pulls Ahead of Massie on

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Bitcoin

Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K – Bitcoin News

Key Takeaways Bitcoin held above $78K on May 17 as BTC traders monitored resistance near $79K. Technical metrics highlight mixed BTC signals, with MACD Sell pressure offset by RSI neutrality. Market data shows BTC volume at $19.84B as markets watched the $77.4K support zone. Bitcoin Chart Outlook On the 1-hour chart, bitcoin displayed modest recovery

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Bitcoin

Ermo Eero Says CLARITY Act Is ‘Not Yet the Bretton Woods Moment for Crypto’

Key Takeaways On May 14, the Senate Banking Committee voted 15–9 to advance the stablecoin-focused CLARITY Act. The 15–9 committee vote signals a regulatory shift from Biden-era SEC lawsuits toward U.S. capital growth. Ironwallet CEO Ermo Eero warns global standards need treaties, despite 2025 GENIUS Act momentum. A Pivot for Domestic Capital The U.S. Senate

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Bitcoin

Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

Key Takeaways Worth $2.6B, Coinbase’s Fred Ersham met officials to explore investments in Venezuela’s financial revival. Mexico’s Grupo Salinas tapped Anchorage Digital to next use a stablecoin system for cross-border flows. Over $1.7B in illicit flows, Brazil fined Banco Topazio, and enforced a 2-year crypto trading ban. Coinbase Co-Founder Meets with US and Venezuelan Officials

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