Crypto

Gerstein Harrow has filed similar cases in the past, arguing its clients have a claim to funds stolen by the DPRK and frozen by crypto firms. A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North Korea.  Charlie Gerstein, a lawyer for US law firm Gerstein Harrow LLP, said in a post on the Arbitrum DAO forum on Friday that a New York district court signed off on a restraining notice and three writs of execution preventing the DAO from moving the Ether under threat of contempt of court. The law firm argued that its clients, who were not affected by the Kelp exploit, won default judgments against North Korea in three separate US court cases in 2010, 2015 and 2016 and are owed a collective $877 million in compensatory and punitive damages, plus interest. Read more

Every time institutional buying has hit 500% of daily miner output before, BTC averaged 24% gains over the following month.

[PRESS RELEASE – Steinhausen, Switzerland, May 4th, 2026] Swiss-regulated TrustLinq, the first platform to enable direct fiat settlement from self-custodial crypto wallets to third-party bank accounts, has integrated Ripple Payments into its live payment infrastructure. The integration extends TrustLinq’s fiat settlement reach across major global corridors, enabling faster and more cost-efficient local payouts in over 80 […]

At least one senior industry executive is arguing that the $2.7 trillion crypto market doesn't need the Clarity Act to survive. However,.. The post Clarity Act Update: Industry Leader Says Crypto Market Is ‘Fine’ Despite Deadlock appeared first on Cryptonews.

Your look at what's coming in the week starting May 4.

SKYAI has entered the top 100 alts by market cap after a massive 40% daily pump.

While ETF inflows have resumed, the recovery has yet to match last fall’s peak.

Bitcoin soared as the MSCI AC Asia Index rose to a new high on Monday, an early indicator that investors viewed the weekend developments in a reasonably positive light. Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026. The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to break the $80,000 level about 75 minutes later, before climbing to $80,515 by 4:20 am UTC, according to TradingView data.  Bitcoin’s price change on Coinbase on Monday. Source: TradingView Read more

The CFTC received more than 1,500 responses to its prediction market rulemaking proposal, with respondents divided on how it should police the platforms. The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms. The CFTC’s request for public comments on a rule it proposed in March that would allow it to amend or issue new regulations for event contracts on prediction markets ended on Thursday, drawing responses from prediction markets, crypto firms and consumer advocacy groups. Kalshi co-founder and chief operating officer Luana Lopes Lara backed the CFTC in a letter on Thursday, saying its existing regulations were “well-designed and effective,” urging it to give guidance to ensure “that the universe of event contracts can continue to be listed, traded, and overseen by the Commission.” Read more

Michael Saylor says the company will resume purchases next week, but the pause lands as analysts focus on losses and the growing complexity of Strategy’s preferred-stock funding machine.

Bitcoin’s price has moved past the major psychological resistance level of $80,000. The cryptocurrency did this today for the first time since January, sparking hopes of a renewed rally and higher highs. The move comes on the back of an increase in the broader cryptocurrency market, as altcoins are also trading well in the green […]

John Palmer, a developer and brand adviser, agreed, said it "feels like a bug" to call them stablecoins and that they should have a self-defined and non-reactionary name. Stablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label as they become part of the global financial system, said Robert Hackett, head of special projects at a16z crypto.  Hackett said in a report on Friday that the term “stablecoins” was coined in crypto’s early years, when wild volatility defined the space and the tokens were created to maintain stable value and encourage their use for everyday financial activity. “The name was straightforward, if slightly defensive: not a volatile coin, but a stable one. It described the problem it solved perfectly. But the technology has since outgrown the label,” he said. Read more

Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026.

Sharp volume surge drives move through $1.40, meaning traders may now watch whether the level holds as support.

Sharp volume spike drives breakout through resistance, with price now testing whether the level flips to support.

The US-to-Mexico remittance corridor, while still the largest, shrank 4.5% in 2025 as other Latin American corridors grew. Fintech and stablecoin companies should consider looking outside of the US-to-Mexico corridor to win the $174 billion Latin America remittance market, according to a former Bybit executive. Most firms have focused too narrowly on the $61.8 billion US-Mexico remittance market and are missing faster-growing corridors between the US and Central America, as well as remittances within Latin America, Bybit's former chief marketing officer, Claudia Wang, said in a post on X on Sunday.  “The corridors that look ‘hot’ right now are not the corridors most fintechs are optimized for,” she said, citing Venezuela-to-Colombia, Argentina-to-Bolivia and Spain-to-Ecuador as examples. The non-US-to-Mexico remittance market stands at about $112 billion.  Read more

Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go.

Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1. Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday. On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases. In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27. Read more

Placing crypto alongside shadow banking and weapons procurement means Treasury believes it is being used for actual trade settlement.

Because Canton allows participants to implement guardrails, Digital Asset's Yuval Rooz said institutions can protect against bad actors.