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Bitcoin's Lightning Network surpassed $1 billion in monthly transaction volume — link | AI comment

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CME Group to launch 24/7 cryptocurrency futures and options trading on May 29 — link | AI comment

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Kraken acquires token manager Magna as crypto exchange prepares for IPO — link | AI comment

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Stripe-owned stablecoin platform Bridge wins conditional OCC approval for national bank charter — link | AI comment

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For at least the last 12 months, changes in the price of Bitcoin have been tightly correlated to U.S. software stocks with relatively high enterprise values (EV) compared to sales.

This suggests that the drawdown likely had more to do with broad de-risking of growth-oriented portfolios rather than problems unique to crypto — link | AI comment

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Strategy has acquired 2,486 BTC for ~$168.4 million at ~$67,710 per Bitcoin — link | AI comment

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Harvard trims Bitcoin ETF holdings by 21%, builds $87 million Ether position — link | AI comment

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X to launch "Smart Cashtags," enabling direct in-timeline trading of stocks and crypto — link

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Deribit wins FOW Derivatives Trading System of the Year award — link | AI comment

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Binance France head targeted in botched home invasion as three arrested: report — link | AI comment

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Coinbase misses Q4 estimates, posts $667 million loss, sees revenue tumble 20% — link | AI comment

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Binance completes $1 billion transition of SAFU reserves into Bitcoin — link | AI comment

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Danske Bank offers Bitcoin, Ethereum ETPs to investors, ending eight-year crypto 'ban' — link | AI comment

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Goldman Sachs discloses $1.1b in BTC, $1b in ETH, $153m in XRP and $108m in SOL - representing a 0.33% crypto allocation: Filing | AI comment

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The hash price index, a measure of Bitcoin mining revenue, has fallen to a record low of approximately 3 cents per terahash; consequently, Bitcoin mining difficulty has dropped by 11%, marking its largest negative adjustment since the 2021 China ban — link | AI comment

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Susquehanna-backed Blockfills up for sale after $75 million lending loss — link | AI comment

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OpenAI, in collaboration with crypto firm Paradigm, introduced EVMbench, a tool for evaluate agent performance with smart contracts — link | AI comment

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US-listed Bitcoin miners' share of global Bitcoin hashrate stays near all-time high despite AI pivots and winter storms — link | AI comment

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Abu Dhabi funds held over $1 billion of BlackRock's Bitcoin ETF at end of last year — link | AI comment

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BitMine's ETH holdings reached 4.371 million after acquiring 45,759 tokens over the past week — link | AI comment

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Crypto venture firm Dragonfly closes $650 million fourth fund — link | AI comment

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Digital asset investment products saw a fourth consecutive week of outflows totalling $173m, bringing the cumulative four-week run of outflows to $3.74bn — link | AI comment

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Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations: Fortune — link | AI comment

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U.S. CPI: +2.4% YOY (EST. +2.5%)
U.S. CORE CPI: +2.5% YOY (EST. +2.5%)

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South Korean financial giant Mirae Asset buys 92% stake in Korbit crypto exchange — link | AI comment

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Thailand moves to integrate crypto into local derivatives market — link | AI comment

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Bitcoin's latest recovery lacks momentum as perpetual futures open interest remains 51% below its October peak, signaling a significant retreat in trader conviction and leverage — link | AI comment

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Hong Kong expands crypto rules to allow margin financing and perpetual contracts — link | AI comment

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Interactive Brokers expands crypto futures offering with Coinbase Derivatives — link | AI comment

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Jump Trading poised to gain stakes in Kalshi and Polymarket — link | AI comment

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