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Found 11878 news

  • Bullish shares dip on Q1 earnings miss, $605M loss
    Cointelegraph.com - 06:56 May 15, 2026
    Bullish shares dip on Q1 earnings miss, $605M lossBullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter. Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations. Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago, but below Wall Street expectations of $95.4 million. The company reported a net loss of $604.9 million, deeper than its $348.6 million loss in the prior-year period. Its adjusted earnings per share were 13 cents, below estimates of 17 cents. Read more
    Tags: Bullish
  • Gemini reports 42% revenue growth after expansion into financial services
    Cointelegraph.com - 04:24 May 15, 2026
    Gemini reports 42% revenue growth after expansion into financial servicesGemini credit card revenue surged nearly 300% to $14.7 million in Q1, attributed to significant growth in its user base. Crypto company Gemini reported a 42% year-on-year increase in revenue in Q1 2026 as it continued its growth from a pure crypto exchange into a financial services company. Total revenue for the Winklevoss twins' company grew 42% year-on-year to $50.3 million in the first quarter, while transaction revenue remained stable at $24 million, the company reported Thursday. However, its crypto exchange revenue decreased 27% year-on-year to $17.2 million, “reflecting lower spot trading activity and a moderation in crypto market volumes,” while total trading volume declined to $6.3 billion from $13.5 billion in Q1 2025.  Read more
    Tags: Gemini
  • Crypto data company Dune cuts 25% of staff in restructuring
    Cointelegraph.com - 04:04 May 15, 2026
    Crypto data company Dune cuts 25% of staff in restructuringDune co-founder and CEO Fredrik Haga says the company’s staff cuts come as it shifts focus and is “all-in” on AI and institutional interest in crypto. Crypto data company Dune said it is laying off 25% of its workforce, citing a need to restructure its business to focus on its core products. “We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on,” Dune co-founder and CEO Fredrik Haga posted to X on Thursday. “That unfortunately means we’ve let 25% of the team go this week.” Haga did not share the number of staff who were laid off. The company’s LinkedIn shows about 150 employees. Haga said the company remained “well capitalized” and that Dune was “all-in” on artificial intelligence and growing institutional interest in crypto. Read more
  • Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
    Cointelegraph.com - 02:34 May 15, 2026
    Strive rallies 5.8% as it clears debt in Q1, unveils daily dividendsStrive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June. Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “daily dividend company” and revealed it eliminated all debt in the first quarter of 2026.  The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning June 16 at a current annual dividend rate of 13%. The payouts are funded by income generated from the company’s Bitcoin treasury strategy. Strive CEO Matt Cole said the move will make it the first public company to offer daily dividends, expanding on a similar playbook adopted by Michael Saylor’s Strategy, which has relied on perpetual preferred stock offerings such as Stretch (STRC) to fund its Bitcoin purchases while paying investors...
    Tags: Strive
  • UK politician Nigel Farage bought $1.8M house after a $6.7M crypto gift
    Cointelegraph.com - 22:32 May 14, 2026
     UK politician Nigel Farage bought $1.8M house after a $6.7M crypto giftThe news follows growing calls from UK lawmakers and government officials to curb or temporarily ban crypto political donations in the country. United Kingdom politician Nigel Farage, the leader of the Reform Party, purchased a property valued at 1.4 British pounds ($1.8 million) after receiving a 5 million pound ($6.7 million) “personal gift” from crypto billionaire Christopher Harborne.  The real estate deal closed in May 2024, several weeks before Farage announced that he was running for office in the general elections, according to Sky News. Farage is now facing a UK parliamentary probe over the 5 million pound gift, which critics of the politician say should have been declared and registered after he took office. Read more
  • Dartmouth endowment invests in Solana ETF, holds $14M in crypto exposure
    Cointelegraph.com - 22:04 May 14, 2026
    Dartmouth endowment invests in Solana ETF, holds $14M in crypto exposureThe unversity’s endowment disclosed holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF. The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the Bitwise Solana staking exchange-traded fund (ETF). The trustees also disclosed about $3.5 million worth of the Grayscale Ethereum staking ETF and about $7.7 million of BlackRock’s iShares Bitcoin ETF.  Read more
  • Ex-Celsius exec sentenced to time served after guilty plea
    Cointelegraph.com - 19:46 May 14, 2026
    Ex-Celsius exec sentenced to time served after guilty pleaCelsius‘ former chief revenue officer received a lenient sentence after his 2023 guilty plea for fraud and conspiracy to commit price manipulation. A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges. In a sentencing hearing in the US District Court for the Southern District of New York on Wednesday, Judge John Koeltl ordered that Roni Cohen-Pavon be sentenced to time served and one year of supervised release for his role in manipulating the price of Celsius’s CEL token and fraud on the platform. The former chief revenue officer initially pleaded not guilty to four charges following his arrest in September 2023, changing his plea to guilty about a week later. Read more
  • Bitcoin trades at a 'discount' on Coinbase: Is a $76K retest next?
    Cointelegraph.com - 19:42 May 14, 2026
    Bitcoin trades at a 'discount' on Coinbase: Is a $76K retest next?Bitcoin’s $79,000 defense proves that the Coinbase discount is driven by stablecoin volatility rather than a lack of institutional demand. Key takeaways: Bitcoin (BTC) showed resilience on Thursday by successfully defending the $79,000 level. However, some traders worry that upside momentum is stalling as Bitcoin on Coinbase trades at a discount relative to stablecoin pairs on international exchanges. While the indicator is often debated, it potentially suggests a lack of institutional buying demand, though the situation is likely more complex. Read more
  • Crypto losses from North Korea hackers in 2025 rose 51% YoY: Report
    Cointelegraph.com - 19:01 May 14, 2026
    Crypto losses from North Korea hackers in 2025 rose 51% YoY: ReportThe cybersecurity threats from North Korea are perpetrated by a myriad of small hacker groups deploying malware and executing social engineering scams. North Korea (DPRK) state-affiliated hackers and threat actors were responsible for more than $2 billion in crypto losses in 2025, a 51% year-over-year increase, despite fewer attacks carried out by the group, according to cybersecurity company CrowdStrike. DPRK hackers represent the “largest” threat group targeting cryptocurrency users, as measured by the dollar amount of assets stolen, according to the company’s 2026 Financial Services Threat Landscape report. Crowdstrike added: The DPRK hackers and scammers focused on targeting Web3 projects and cryptocurrency exchanges because the stolen funds could be “cashed out” and transferred with a greater degree of anonymity than in the traditional financial system, CrowdStrike said. Read more
  • US Senate Banking Committee votes to advance CLARITY Act
    Cointelegraph.com - 18:18 May 14, 2026
    US Senate Banking Committee votes to advance CLARITY ActLawmakers debated amendments on ethics and other issues for a digital asset market structure bill before advancing the legislation, setting up a Senate floor vote. US lawmakers in the Senate Banking Committee held a markup for a long-awaited crypto market structure bill, marking a pivotal step toward Congress’ effort to establish regulatory clarity for digital asset companies and markets. In a Thursday session of the US Senate Banking Committee, all 13 Republican members and two Democrats voted to advance the Digital Asset Market Clarity Act (CLARITY), with nine Democrats also voting no on the bill. Senators Ruben Gallego and Angela Alsobrooks sided with Republicans to vote yay. The vote came after lawmakers proposed more than 100 amendments to the crypto bill, ranging from provisions on stablecoin yield to ethics restrictions. Read more
  • XRP whale wallets hit all-time highs: Will it push price above $1.50?
    Cointelegraph.com - 16:41 May 14, 2026
    XRP whale wallets hit all-time highs: Will it push price above $1.50?XRP whales are accumulating at record levels, increasing the chances of XRP price rise toward $2, fueled by growing XRPL activity and a bullish technical setup. XRP (XRP) has recovered from its April lows of $1.26, rising as much as 19% to a three-week high of $1.50 on Sunday. Whale activity, network growth and a strengthening technical setup suggested that the XRP/USD pair was primed for a move higher once resistance at $1.50 is broken.  Key takeaways: Read more
    Tags: Will
  • Bitcoin holds key support for $85K breakout as S&P 500 hits new all-time high
    Cointelegraph.com - 15:52 May 14, 2026
    Bitcoin holds key support for $85K breakout as S&P 500 hits new all-time highBitcoin entered recovery mode after inflation-induced losses, while US stocks shook off macro data with broader risk appetite "skyrocketing." Bitcoin (BTC) touched $80,000 around Thursday’s Wall Street open as US stocks hit fresh all-time highs and oil retested $100. Key points: Read more
    Tags: Bitcoin
  • Tether-backed Oobit expands crypto payments platform into Colombia
    Cointelegraph.com - 15:00 May 14, 2026
    Tether-backed Oobit expands crypto payments platform into Colombia The crypto payments company said users in Latin America are spending digital assets on groceries, restaurants and other everyday purchases. Oobit launched its crypto payments platform in Colombia, expanding the Tether-backed company’s operations across Latin America. The company said Colombia is its ninth live market and follows expansion into countries including Brazil, Argentina and Chile. Chainalysis data cited in the announcement showed the Colombian peso ranked second globally in the share of centralized exchange stablecoin purchases by currency. Oobit operates a non-custodial crypto payments platform that allows users to spend digital assets directly from their wallets through a Visa-linked payment system accepted at more than 150 million merchants across more than 80 countries, according to the company. Read more
  • Strategy’s Bitcoin engine faces $28B STRC ceiling: Delphi Digital
    Cointelegraph.com - 14:42 May 14, 2026
    Strategy’s Bitcoin engine faces $28B STRC ceiling: Delphi DigitalStrategy is approaching the $28 billion issuance limit on its STRC stock, but Delphi researchers pointed to other capital-raising mechanisms that may fuel its BTC accumulation. Strategy’s preferred stock funding engine could hit a key constraint within the next year, potentially slowing the company’s Bitcoin purchases unless it expands issuance capacity or leans more heavily on common-stock sales, according to Delphi Digital. Delphi said Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, has become one of the company’s main Bitcoin-buying tools but has an authorized issuance cap of about $28.3 billion. If the cap is reached without an extension, Strategy’s Bitcoin accumulation could “slow or stop while the dividend obligation remains,” the report said. Read more
  • Who supports CLARITY on the US Senate Banking Committee?
    Cointelegraph.com - 14:22 May 14, 2026
    Who supports CLARITY on the US Senate Banking Committee? The US Senate banking committee will hold a markup session on May 14 for the CLARITY Act, and support appears at least nominally bipartisan. The CLARITY Act, the crypto lobby’s long-awaited regulatory framework, is finally headed to a markup session in the United States Senate Banking Committee. It’s been a long road. The bill passed the House of Representatives on July 17, 2025, and has since been in deliberation in the Senate. Most recently, the crypto and banking lobbies were at loggerheads over whether stablecoins could offer interest, further delaying progress. The two industry interest groups appear to have reached an agreement. However, this does not mean that the bill is finished. Indeed, far from it, as members could introduce contentious amendments, vote against reporting the bill to the Senate floor, or not produce a quorum.  Read more
  • The legal battle over who can claim DeFi’s stolen millions
    Cointelegraph.com - 14:20 May 14, 2026
    Freezing crypto stolen in a hack might be the right thing to do, but it can expose DeFi protocols to major legal risks.
    Tags: DeFi
  • What's preventing Bitcoin price from breaking above $80K?
    Cointelegraph.com - 14:18 May 14, 2026
    What's preventing Bitcoin price from breaking above $80K? Bitcoin struggles to regain its footing above $80,000 as some buyers remain hesitant and heavy resistance builds overhead. Bitcoin (BTC) is struggling to enter a stronger breakout phase above $80,000, as capital inflows into the BTC market remain below levels seen in past bull runs. BTC futures traders are also staying cautious, while a growing number of investors who have held for the past six months may look to sell into key resistance levels, according to new analysis. The Week On-chain report from Glassnode stated that Bitcoin’s 30-day realized cap net position change recently climbed to $2.8 billion per month. The metric tracks the amount of new capital entering the BTC market over 30 days. Read more
  • Clawville unleashes the first AI-native open world MMORPG into the Milady Ecosystem
    Cointelegraph.com - 14:07 May 14, 2026
    Clawville unleashes the first AI-native open world MMORPG into the Milady EcosystemThe next major evolution of gaming may come from a rapidly growing digital universe where AI agents and humans coexist, compete, collaborate, learn, earn, and evolve together in real time. The next major evolution of gaming may come from a rapidly growing digital universe where AI agents and humans coexist, compete, collaborate, learn, earn, and evolve together in real time. That world is called Clawville. Built as an open-world 3D MMORPG designed specifically for both AI agents and human players, Clawville is positioning itself as one of the most ambitious intersections of gaming, artificial intelligence, culture, and decentralized technology currently emerging in crypto. “At a time when the AI sector is exploding and autonomous agents are becoming one of the hottest narratives in technology,” began John, co-founder of Clawville “Clawville is pushing beyond theory and into execution. The project introduces an entirely new model of gameplay where users can manually control their characters or allow AI agents ...
  • Wall Street’s tokenization boom has a liquidity problem: Axis CEO
    Cointelegraph.com - 13:22 May 14, 2026
    Wall Street’s tokenization boom has a liquidity problem: Axis CEOAs RWAs cross $32 billion and JPMorgan files for a new tokenized fund, Axis CEO Chris Kim argues that the industry is celebrating the wrong milestone. Real-world assets (RWA) crossed $32 billion in market value for the first time on Tuesday, as Wall Street’s love affair with tokenization continues to accelerate. JPMorgan was the latest to double down on its interest through a filing with the Securities and Exchange Commission for a new tokenized money-market fund for stablecoin issuers on Ethereum. Not everyone is impressed by the big names and numbers. Read more
  • Bitcoin ETFs bleed $635M as BTC slips under $80K
    Cointelegraph.com - 13:14 May 14, 2026
    Bitcoin ETFs bleed $635M as BTC slips under $80KBitcoin ETFs saw $635 million in outflows on Wednesday, the largest since late January, as BlackRock’s IBIT led redemptions amid profit-taking and BTC swings near $80,000. US spot Bitcoin exchange-traded funds (ETFs) posted their largest daily outflow since January as Bitcoin struggled to hold the $80,000 level after a sharp rebound from April lows. Bitcoin (BTC) funds recorded $635.2 million in outflows on Wednesday, extending $233.3 million in outflows from the previous trading session, according to SoSoValue data. So far, weekly outflows stand at $841.2 million, putting ETFs on track for their first week of net losses after six consecutive weeks of gains totaling around $3.4 billion. Read more

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