Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets

Rewrite this content into a 1000-word SEO friendly article: Key points: Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch. Several major altcoins have broken below their near-term support levels, indicating that the bulls have given up. Bitcoin (BTC) came under pressure on Monday after US President Donald Trump … Read more

Kraken Cuts 150 Staff, Citing Rising AI Use

Rewrite this content into a 1000-word SEO friendly article: Crypto exchange Kraken has reportedly laid off some of its staff as a cost-cutting measure, which could delay its planned initial public offering in the US until next year. The company, whose corporate name is Payward, laid off about 150 workers due to efficiencies from deploying … Read more

Bernstein Sees Figure Q1 Proves Uniqueness of Blockchain Marketplaces

Rewrite this content into a 1000-word SEO friendly article: Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces. Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA, with a business that seeks … Read more

Michael Saylor Signals Weekly BTC Buy While Pushing STRC Proxy Vote

Rewrite this content into a 1000-word SEO friendly article: Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the company’s STRC perpetual preferred stock. “Big Dot … Read more

Bitcoin Falls Below $78,000 as Analysis Eyes a New Bear Trap

Rewrite this content into a 1000-word SEO friendly article: Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds for risk assets.Support weakness has traders … Read more

THORChain Opens Refund Portal After $10M Hack

Rewrite this content into a 1000-word SEO friendly article: THORChain has confirmed a $10 million exploit and launched a recovery portal, giving affected users a self-custodial path to revoke malicious token approvals and submit refund claims backed by a treasury-provisioned refund pool of equal size. In a Saturday post on X, THORChain Foundation introduced the … Read more

House Committee Leaders Urge Trump to Nominate CFTC Members, Citing CLARITY Act

Rewrite this content into a 1000-word SEO friendly article: The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill. In a Friday letter … Read more