Crypto
AI Summary
- Bitcoin experienced a significant rally, with ETFs seeing substantial inflows in April and May, yet some analysts caution that the surge may be futures-driven, raising concerns about sustainability.
- The crypto industry is navigating regulatory developments, with the CLARITY Act making progress on stablecoin yield rules and the CFTC asserting its authority over prediction markets, a move supported by major VCs like a16z.
- AI integration into finance continues to advance, seen in MoonPay's launch of a Mastercard for AI agents to spend stablecoins and Riot Platforms' pivot towards AI data center deals, alongside significant VC funding rounds for AI-focused blockchain projects.
- The stablecoin market remains a focal point, with Tether reporting strong Q1 profits and significant Treasury holdings, while facing scrutiny and regulatory debates regarding yield rules and cross-border payment rails.
- Despite a general downturn in crypto VC funding, some specific assets like Dogecoin show signs of recovery driven by whale activity, and consolidation is occurring in markets like Japan with SBI Holdings eyeing a Bitbank stake.
Sources
Cointelegraph
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Here’s what happened in crypto today
9 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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A16z sides with CFTC against states seeking to ban prediction markets
10 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsVenture capital firm a16z argues that state crackdowns on platforms like Kalshi and Polymarket conflict with federal law and hurt market access for ordinary users.
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Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
13 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsRiot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income fell.
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Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal
15 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsThe Ethereum Foundation has now sold roughly $47 million worth of ETH to BitMine in a week, drawing fresh criticism over the pace and scale of its sales.
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Kraken parent Payward closes Bitnomial deal to expand US crypto derivatives
16 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage.
CoinDesk
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Brazil's central bank bans stablecoin and crypto settlement in cross-border payments
7 hours ago
by Francisco Rodrigues
Policy, Brazil, NewsThe ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.
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Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
7 hours ago
by Francisco Rodrigues
Policy, Clarity Act, NewsThe agreement necessitates firms restructure reward programs from a "buy and hold" to a "buy and use" model; however, CCI raised concerns over its broad prohibition.
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Bitcoin's 'hazardous' airdrop: Why developers are warning against Paul Sztorc’s eCash fork
7 hours ago
by Jamie Crawley
Tech, Bitcoin News, Airdrops, NewsDevelopers and industry figures say the eCash proposal introduces user risk, uneven distribution and philosophical tension.
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The $292M crypto hack exposed DeFi's weak spots. Here’s what must change, insiders say
10 hours ago
by Krisztian Sandor
Finance, DeFi, Hack, Institutional Adoption, NewsAs Wall Street moves onchain, the year's biggest crypto hack and DeFi crisis is forcing a rethink of risk, security and market structure, industry insiders told CoinDesk.
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Prediction markets are ditching the 'casino' label to become a regular part of how people track the news
10 hours ago
by Helene Braun
Markets, Prediction Markets, NewsA new report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry driven by retail users who are trading more frequently on everything from crypto to politics.
Decrypt
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OpenAI GPT Image 2 vs Google Nano Banana 2: Which AI Image Generator Is Best?
5 hours ago
by Jose Antonio Lanz
Artificial IntelligenceWhich state-of-the-art AI image generator is most effective at producing A+ results? We put GPT Image 2 and Nano Banana 2 to the test.
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Oscars Ban AI Performances and Screenplays From Eligibility
5 hours ago
by Jason Nelson
Artificial IntelligenceNew rules require human actors and writers for Oscar consideration.
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OpenClaw Put Apple Back in the AI Game—And Now They Can't Build Macs Fast Enough
10 hours ago
by Jose Antonio Lanz
Artificial IntelligenceThe Mac mini went from a $599 desktop nobody cared about to the hottest piece of AI hardware on the planet. One open-source agent framework did it.
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Minnesota Moves to Ban AI Apps That Generate Fake Nude Images
a day ago
by Jason Nelson
Artificial IntelligenceThe bill, which bans AI tools that generate fake nudity and lets victims sue their creators, will go to Governor Walz for his signature.
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Ethereum Foundation Sells $23 Million More in ETH to Tom Lee's BitMine
a day ago
by Decrypt Agent
MarketsFor the second straight week, the Ethereum Foundation has unloaded 10,000 ETH—about $23 million worth—to top treasury firm, BitMine.
AMBCrypto
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Crypto market eyes 2017-style rally: 52.7% PMI confirms expansion phase
an hour ago
by Ritika Gupta
Altcoin, Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewWith ISM PMI at 52.7%, markets are leaning into an expansion phase, sparking speculation that crypto could repeat a pre-2017-style rally.
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a16z backs CFTC’s push for clear rules on prediction markets: ‘They’re information machines!’
2 hours ago
by Benjamin Njiri
Global News, News, News 1, Social, Trading View, ambcryptoVC firm warned that allowing states to dictate prediction markets rules would create barriers and cause market liquidity issues.
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SIREN holds $0.70 support as price compresses below $0.90: Is $1.04 next?
3 hours ago
by Muriuki Lazaro
Memecoins, News, News 1, Social, Trading View, ambcryptoSiren holds key Fib support as weak volume delays a clear trend shift.
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Injective’s bias remains bearish despite 8% weekend rally – Here’s why
4 hours ago
by Akashnath S
Altcoin, Analysis, HideCryptopanic, News, News 1, No Homepage, Social, Trading ViewThe $5.9 is a pivotal resistance level, and needs to be breached to flip the long-term bearish bias.
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May records strongest BTC ETF inflows in 2026: Is this the boost Bitcoin needs?
5 hours ago
by Ritika Gupta
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoETF inflows vs. seasonal weakness: Is institutional demand reshaping Bitcoin’s May outlook?