A slowdown in profit-taking and reclaiming $88,000 as support are prerequisites for BTC to confirm cycle bottom. Bitcoin’s (BTC) relief rally to $82,000 appears to be cooling off, and analysts say key levels must be reclaimed for BTC price to “confirm a durable continuation higher.” Key takeaways: Read more
Marlon Ferro, aka “GothFerrari,” broke into victims’ homes to steal hardware wallets when his co-conspirators couldn’t hack them remotely. A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than $250 million. Marlon Ferro, of Santa Ana, known online as “GothFerrari,” was sentenced to 78 months in prison alongside three years of supervised release and $2.5 million in restitution, the US Attorney’s Office for the District of Columbia said Wednesday. Ferro pleaded guilty in October 2025 to participating in a Racketeer Influenced and Corrupt Organizations (RICO) conspiracy. “Marlon Ferro served as the criminal enterprise’s instrument of last resort,” US Attorney Jeanine Ferris Pirro wrote, adding that when co-conspirators couldn’t talk victims into surrendering their crypto or hack into their accounts remotely, they sent Ferro to break in physically and steal the hardware wallets storing the funds. Read more
A new Bitcoin Bollinger Bands breakout attempt on the daily chart drew mixed reactions as the metric's creator, John Bollinger, revealed a fresh BTC position. Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months, while creator John Bollinger is more bullish than some traders. Key points: Read more
Changelly uncovers the main stablecoin trends for 2026, and hosts a podcast with Stablerail on stablecoin infrastructure every business must build on May 15, 2026. Changelly uncovers the main stablecoin trends for 2026, and hosts a podcast with Stablerail on stablecoin infrastructure every business must build on May 15, 2026. May 6, 2026 — Changelly has published new findings on stablecoin usage trends, indicating a shift from trading-focused activity toward everyday payments, portfolio liquidity management, and consumer spending behavior. The report combines Changelly platform data from 2025 with survey results conducted jointly by Changelly and Simple among more than 3,000 users. According to the findings, stablecoins are increasingly being used as active financial tools rather than solely as trading infrastructure. Read more
1inch said its protocols, infrastructure and user funds were not affected by the exploit targeting independent resolver TrustedVolumes. TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses. In a Thursday X post, the market maker said the stolen funds were split across three wallets, with two addresses each holding about $3 million and a third holding about $700,000. TrustedVolumes said it was open to “constructive communication” over a bug bounty and a “mutually acceptable resolution.” The confirmation came after Web3 security company Blockaid said its exploit detection system had identified an ongoing Ethereum exploit targeting TrustedVolumes. Blockaid said the attack involved a TrustedVolumes-controlled custom swap infrastructure. Blockaid initially estimated that about $5.87 million had been extracted, including Wrapped Ether, USDT, Wrapped Bitcoin and USDC. Read m...