Bitcoin

May 8, 2026
Joseph Rees
Bitcoin

Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak

Key Takeaways On May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures. The ban impacts local miners, mirroring a 2024 Russian Energy Ministry policy...

May 8, 2026
Joseph Rees
Bitcoin

Tucker Carlson Calls Markets ‘Fake’ After 60 Days of Middle East Conflict – Bitcoin News

Key Takeaways Tucker Carlson called public markets “fake,” pointing to oil trading under $100/barrel despite 60+ days of war disruption. Bitcoin climbed to $82,000 and drew $2B in April...

May 8, 2026
Joseph Rees
Bitcoin

Coinbase Points to Multi-Zone AWS Failures Behind Outage

Key Takeaways Coinbase linked the trading outage to failures across multiple AWS zones. The disruption interrupted core trading services despite built-in recovery systems. Coinbase plans a full review while...

May 8, 2026
Joseph Rees
Bitcoin

Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law

Key Takeaways Iowa requires crypto ATM operators to hold money transmission licenses before running kiosks. Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority. Enforcement actions...

May 8, 2026
Joseph Rees
Bitcoin

Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off

Key Takeaways A Metalpha-linked wallet deposited 8,771 ETH (~$19.99M) into Binance on May 8, 2026. Lookonchain flagged the move as part of a continued pattern of whale ETH selling...

May 8, 2026
Joseph Rees
Bitcoin

Tether Freezes $515 Million in USDT Across 371 Addresses in 30 Days

Key Takeaways Tether blacklisted 371 addresses, freezing ~$515M in USDT on Ethereum and Tron over 30 days ending May 7. Of the 371 freeze actions, 329 occurred on the...

May 8, 2026
Joseph Rees
Bitcoin

Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026

Key Takeaways Coinbase purchased $88 million in bitcoin during Q1 2026, the company disclosed on its earnings call. The buy adds Coinbase to the growing list of publicly traded...

May 8, 2026
Joseph Rees
Bitcoin

BSP Issues Warning Anew Against Unauthorized Crypto Service Providers

The Bangko Sentral ng Pilipinas (BSP) issued a public advisory on May 8, 2026, warning the public against transacting with unauthorized virtual asset service providers (VASPs). The central bank...

May 8, 2026
Joseph Rees
Bitcoin

Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance

Key Takeaways Amy Howe departed as FanDuel CEO on May 6 with $4.37M severance after five years leading the US sportsbook. Christian Genetski assumed leadership; Dan Taylor was named...

May 8, 2026
Joseph Rees
Bitcoin

Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants

Key Takeaways Premier David Burt revealed a new USDC airdrop and merchant program at Consensus Miami 2026 on May 6. Bermuda uses its 2018 Digital Asset Business Act to...