Crypto

Bitcoin reclaimed $80,000 on May 4 as Asian equities pushed toward records on the AI trade, with Korea and Taiwan leading the advance and Nasdaq 100 futures also pointing higher. The correlation creates a potential portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving chip shares, tech […] The post Bitcoin’s $80k surge came from an Asia-led AI trade while BTC is breaking from US equity correlation appeared first on CryptoSlate.

Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap reported. South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create operational confusion by forcing virtual asset service providers (VASPs) to report all overseas-linked virtual asset transfers worth 10 million Korean won (about $6,800) or more as suspicious transactions. According to a Yonhap News report on Sunday, the Digital Asset eXchange Alliance (DAXA), an industry body representing South Korean exchanges, submitted comments on the proposed changes to the Enforcement Decree of the Specific Financial Information Act and related supervisory rules. The comments reflected the views of 27 registered VASPs, including the country’s five major exchanges: Upbit, Bithumb, Coinone, Korbit and Gopax. DAXA said the proposal could increase suspicious transaction reports from South Kor...

Bitcoin Eyes $80K as Trump 'Project Freedom' Rumors Swirl The post Trump Just Launched Project Freedom to Escort Ships Through the Strait of Hormuz And Bitcoin Hit $80,000 appeared first on Cryptonews.

Ethereum is trading near $2,350 as the Glamsterdam news update started to spread like a wildfire. Zero gas coming to $ETH? The post Ethereum News: Galmsterdam Cuts Fees to Almost Zero as ETH Fighting $2,400 Resistance appeared first on Cryptonews.

A daily close above $2,375 could open the door to an ascent to $2,550, one analyst predicted.

The deal gives Payward a full CFTC-regulated derivatives stack in the U.S.

Families holding decades-old judgments against North Korea are trying to seize 30,765 ETH frozen after last month’s rsETH exploit, citing alleged links between the attack and DPRK-linked hacking groups such as Lazarus, and invoking a New York restraining notice that could block Arbitrum from releasing the funds.

Bitcoin traders are split on whether the asset will hit $250,000 this year, a court rejects Sam Bankman-Fried’s motion for a new trial.

Your day-ahead look for May 4, 2026

The largest crypto reversed sharply from a $80,594 high after Iran's Fars news agency claimed two missiles hit a U.S. warship, with oil spiking 5% before the U.S. denied the report.

Bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000. Bitcoin (BTC) starts a new week in fighting form as $80,000 returns after a three-month absence. It started with a breakthrough a key 21-week trend line last week, and now, Bitcoin is back at $80,000 for the first time in three months. Data from TradingView shows new local highs of $80,617 on Bitstamp. Read more

Binance CEO Richard Teng compares crypto's $55B exchange market to $36T in financial services. What this means for Bitcoin price trajectory and early-stage infrastructure plays. The post Binance CEO Says Crypto Has Captured Just 0.15% of Financial Services: Is the Biggest Rally Still Ahead? appeared first on Cryptonews.

GameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company. GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business. The company on Sunday submitted a non-binding proposal to acquire 100% of eBay at $125 per share in cash and stock, according to an announcement. The offer includes a 46% premium to eBay’s unaffected closing price on Feb. 4, 2026, when GameStop began building its position in the company. GameStop also disclosed it has accumulated a roughly 5% economic stake in eBay through derivatives and common stock holdings. Read more

The reported attacks came after Trump announced a naval mission in the key Strait of Hormuz.

Bitcoin briefly reclaimed the $80,000 psychological level during early Asian trading hours on May 4, the first time since February, amid its quiet upward march in recent weeks. Data from CryptoSlate showed that the top crypto touched an intraday high of $80,529 before slipping back toward $79,621 as of press time. However, what looks like […] The post Bitcoin bulls set sights on $90,000 this week after briefly reclaiming $80,000 appeared first on CryptoSlate.

$XRP is at $1.40 as Binance leverage ratio hits 0.1, a historical divergence that's preceded explosive moves. Dare to short? The post XRP News: Thinking of Shorting XRP? You Might Get Squeezed appeared first on Cryptonews.

Coinbase adding DFlow as its primary router will mean eight times less trade failures.

Bitcoin's move to $80,000 caught bears on the wrong side of the market again, leading to large short liquidations.

The Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy. Capital B raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back, extending the cryptographer’s backing of the French-listed Bitcoin treasury company. Back subscribed to 10 million subscription warrants at $0.13 each, according to a Monday announcement from Capital B. Each warrant gives Back the right to buy one new share of future company stock at the exercise price of $0.98, corresponding to the company’s market net asset value (mNAV) of 1.1 per share, the company said. The deal would increase Back’s exposure to Capital B, where he is already one of the company’s largest strategic investors. Back now holds over 39.5 million shares or 9.97% of Capital B’s shares on a fully diluted basis. Back is best known as the inventor of Hashcash, the proof-of-work system cited in the Bitcoin white paper. Read more

Bitcoin Hits $80K High as MicroStrategy Eyes Buy Resumption The post Bitcoin News: $80,000 Resistance Broken as Saylor Signals Strategy Buy Return appeared first on Cryptonews.