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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After multiple weeks hovering below $80,000, Bitcoin finally broke above the psychological level on Monday, May 4th. The premier cryptocurrency enjoyed a significant surge in bullish momentum, pushing its price to as high as $82,000 over the past week. While the Bitcoin price has slowed over the past couple of days, most indicators point to the market leader being in bullish territory, at least in the short term. For instance, a specific on-chain metric suggests the BTC price is on the verge of another leg up. Is…

In brief New South Wales Police seized 52.3 Bitcoin worth about $4.2 million USD during raids in Ingleburn on May 4. A 39-year-old man was charged with failing to comply with a digital evidence access order plus other charges. A 41-year-old man faces charges of dealing with property proceeds of crime over $100K for allegedly transferring the cryptocurrency. Police in the Australian state of New South Wales seized 52.3 Bitcoin—currently worth more than $4.2 million—during search warrants executed in Ingleburn on May 4, marking what Detective Superintendent Matt Craft called “one of the biggest cryptocurrency seizures in the nation’s history.”Strike…

Make CryptoSlate preferred on Bank of Canada stablecoin regulations could arrive in mid or late 2027, pushing the detailed rulebook later into the same year that Canada’s government has already marked for its framework to take effect.That timing lands just as Visa Canada and Wealthsimple are piloting USDC settlement for certain card-network obligations in Canada. The result is a live institutional use case in one part of the payment stack while the framework for non-bank stablecoin issuers remains unfinished.A Reuters report said an early-2027 launch plan was ambitious and that regulations could instead be introduced by mid or late 2027.…

In brief Elizabeth Warren pushed Meta to fully reveal its stablecoin plans before the Senate votes on the Clarity Act. Warren warned Meta’s push into stablecoin payments could affect “competition, privacy… and financial stability.” The senator asked CEO Mark Zuckerberg to explain Meta’s stablecoin plans and partnerships by May 20. Sen. Elizabeth Warren (D-MA) urged Meta this week to fully disclose its stablecoin-related ambitions, arguing that the tech giant must reveal the plans before lawmakers vote on a major crypto-related bill currently pending in the Senate.“It is essential that Congress fully understand the implications of Meta’s stablecoin integration plans as…

In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC. Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million. Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after the firm posted a quarterly net loss of more than $427 million in Q1 2026, compared to just a $61.4 million loss in Q1 2025. During the quarter, the firm reported revenues of $34 million—60%…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through its E*Trade platform, charging clients 50 basis points per transaction. That’s less than what the biggest US crypto and brokerage platforms charge for standard retail trades. It’s one of the more concrete signs yet that traditional financial giants are moving deeper into digital asset territory. But…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through its E*Trade platform, charging clients 50 basis points per transaction. That’s less than what the biggest US crypto and brokerage platforms charge for standard retail trades. It’s one of the more concrete signs yet that traditional financial giants are moving deeper into digital asset territory. But…

In brief British sprinter CJ Ujah was among 10 men charged in a U.K. cryptocurrency fraud investigation. Police allege victims were tricked into sharing wallet seed phrases during impersonation calls. Authorities say one victim lost more than £300,000 in the alleged scheme. British sprinter CJ Ujah has been charged in the U.K. for his alleged role in a cryptocurrency fraud operation that police say targeted victims through impersonation scams designed to steal funds from crypto wallets.On Thursday, the U.K. Regional Organized Crime Units (ROCUs) said 10 people were charged with conspiracy to defraud following coordinated raids across Kent, Essex, London,…

In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC. Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million. Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after the firm posted a quarterly net loss of more than $427 million in Q1 2026, compared to just a $61.4 million loss in Q1 2025. During the quarter, the firm reported revenues of $34 million—60%…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integrity. Meta’s Stablecoin Trials Under Scrutiny This week, US Senator Elizabeth Warren sent a new letter to Meta’s founder and CEO, Mark Zuckerberg, raising concerns about the company’s plans to integrate stablecoins into the platform. In the letter, the Ranking Member of the Senate Banking Committee highlighted recent reports suggesting that Meta was conducting a “small and focused” trial with a third-party…

In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC. Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million. Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after the firm posted a quarterly net loss of more than $427 million in Q1 2026, compared to just a $61.4 million loss in Q1 2025. During the quarter, the firm reported revenues of $34 million—60%…

In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin network is observing the fastest exodus of holders in nearly two years, a potential sign that retail is taking profits. Bitcoin Total Amount Of Holders Has Declined Recently According to data from on-chain analytics firm Santiment, the Total Amount Of Holders has observed a notable drop for Bitcoin recently. This metric tracks, as its name suggests, the total number of addresses present on the BTC blockchain that are carrying a non-zero balance. When the value of the indicator goes up, it means…

In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has moved higher with the broader crypto market this week, but its rebound is now facing a technical test that may decide whether the move has real strength or only a reflection of Bitcoin’s momentum.  A recent technical outlook points to a shortfall on the ETH daily candlestick chart, as the price continues to stall below the upper end of its rising channel despite repeated attempts to extend the rally. Ethereum’s Rally Is Showing A Shortfall Technical analysis of the Ethereum daily candlestick timeframe chart shows…

In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…