Bitcoin

May 13, 2026
Joseph Rees
Bitcoin

MEXC Commits to 1,000 BTC Purchase as Guardian Fund Targets $500M Expansion

Key Takeaways MEXC plans to expand its Guardian Fund to $500M over two years, along with a 1,000 BTC reserve. MEXC logged $270M inflows by May 11, reflecting demand...

May 13, 2026
Joseph Rees
Bitcoin

Kenya Narrows Crypto-Offshore Gambling Escape Valve in Finance Bill 2026

Key Takeaways Treasury CS John Mbadi submitted Finance Bill 2026 to Parliament on April 30, 2026 targeting KSh 120 billion. VASPs to file annual returns to KRA under Tax...

May 13, 2026
Joseph Rees
Bitcoin

Exodus Movement Sells 1,076 Bitcoin to Fund Global Payments Expansion

Key Takeaways Exodus Movement reduced its bitcoin treasury by 63% in Q1 2026 to fund strategic fintech acquisitions. The 1,076 BTC liquidation helped raise cash for the May 1...

May 13, 2026
Joseph Rees
Bitcoin

SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions

Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has increased pressure for clearer, more consistent regulatory coordination. Firms...

May 12, 2026
Joseph Rees
Bitcoin

Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M

Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2...

May 12, 2026
Joseph Rees
Bitcoin

Bitcoin Slips Below $80K After US Inflation Hits 3.8% and Rate Cut Hopes Fade

Key Takeaways Bitcoin fell below $80,000 on May 12 as Trump warned that the U.S.-Iran ceasefire is on life support. A 1.6% drop in crypto prices wiped out $232...

May 12, 2026
Joseph Rees
Bitcoin

‘Neither Credible nor Attractive:’ Ebay Board Rejects Gamestop’s Unsolicited $56B Takeover Bid – Bitcoin News

Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4%...

May 12, 2026
Joseph Rees
Bitcoin

Michael Saylor Says CLARITY Act Could Unlock BTC, MSTR, and STRC Markets

Key Takeaways Michael Saylor tied the CLARITY Act to Strategy’s bitcoin financing and BTC market expansion strategy. Clearer regulation could reduce institutional friction surrounding bitcoin custody, collateral, and digital...

May 12, 2026
Joseph Rees
Bitcoin

US Inflation Accelerates for Second Straight Month as Gas Costs Drive April CPI – Bitcoin News

Key Takeaways The BLS reported April 2026 headline CPI at 3.8% year-over-year, beating the 3.7% consensus estimate. Energy prices jumped 17.9% annually, driven by the U.S.-Iran conflict, pushing gasoline...

May 12, 2026
Joseph Rees
Bitcoin

ZachXBT Names Bitget’s Real Boss, Warns Escalation Against Chinese CEX ‘Cartel’ Is Coming

Key Takeaways ZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role. He also warned of an imminent escalation...