Day: May 28, 2026

Argentina Bill Targets Crypto Payments for Online Betting

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Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown on digital betting. The government presented a Bill for the Prevention of Gambling and Regulation of Online Gambling to Congress, according to an official notice from the Ministry of Health published on Tuesday. The bill seeks to address gambling addiction by tightening rules on payments, advertising and access to betting platforms. The legislation directly ties gambling regulation to financial infrastructure, including payment systems and crypto rails,…

US Strikes Iran In Fresh Attacks, Expert Says Get Your Money Out Of Bitcoin Now!

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The US-Iran war has again escalated with fresh strikes from both sides, a development that has now dampened hopes of an imminent peace deal. This has caused another significant decline in Bitcoin’s price, with an expert urging market participants to remove their funds from BTC.  US Strikes Iran As Expert Urges Investors To Dump Bitcoin An Al Jazeera report shows that the US shot down four Iranian drones and attacked a ground control station in Bandar Abbas, in a new escalation of the 3-month-long war. In response, Iran also struck…

ERC-7943 Author Says Institutions Can’t Play Defi’s ‘Pirate Game’

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For years, crypto has thrived on speculative capital flows and the explosive popularity of decentralized finance (DeFi) tokens and applications. That still holds true for rising sectors such as perpetual decentralized exchanges and prediction markets. But as Wall Street pushes deeper into tokenized real-world assets (RWAs), not all of the industry’s existing systems cater to the kinds of financial products institutions want to bring onchain. An author of the newly finalized ERC-7943 (uRWA) token standard said that the fragmented infrastructure powering much of DeFi wasn’t designed for regulated financial assets,…

BlackRock’s Bitcoin behemoth bleeds cash in second‑worst outflow day yet

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The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers increasingly forced to trade around institutional liquidity. Summary BlackRock’s spot Bitcoin ETF suffered its second‑worst daily outflow since launch, with hundreds of millions in redemptions as BTC sold off sharply intraday. Across U.S. spot products, Bitcoin ETFs saw one of their heaviest combined exit days since January 2024, reversing weeks of inflows and flipping sentiment bearish. The move cements ETF flow as the main driver of Bitcoin’s short‑term price action, with discretionary buyers…

Someone Tested a 1997 Processor and Proved That Just 128 MB of RAM Is Enough to Run AI – Bitcoin News

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Key Takeaways EXO Labs ran Llama 2 on a 1997 Pentium II with just 128 MB of RAM. BitNet used -1, 0, and 1 weights to cut AI memory and compute demands. Nvidia-era AI costs face pressure as EXO Labs pushes software-first efficiency. EXO Labs just taught a Pentium II with 128 MB of RAM a new trick: run a trimmed Llama 2 model, slowly but surely. The team leaned on BitNet, a ternary-weight approach that pares neural math down to -1, 0, and 1, squeezing modern AI through a…

Grayscale shifts $112m in Bitcoin to Coinbase Prime amid ETF flow churn

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Grayscale has transferred roughly $112 million in Bitcoin to Coinbase Prime, adding to a steady drumbeat of institutional-sized flows hitting centralized venues this year. Summary Grayscale sent 1,530.704 BTC to Coinbase Prime worth about $112m in one hour. The move follows earlier multi hundred million dollar transfers tied to ETF redemptions. On chain data again puts Arkham in the middle as watcher of institutional flows. Grayscale deposited 1,530.704 Bitcoin into Coinbase Prime worth approximately $112 million in the last hour, according to blockchain tracking from Arkham relayed by ChainCatcher. The transfer went from…

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Bitcoin price slips below the $75k mark as JPMorgan says the “devaluation trade” is cooling

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Bitcoin and gold are losing their appeal as macro hedges, JPMorgan says, as Middle East tensions and inflation fears ease and investors pull money from “devaluation trades.” Summary JPMorgan says investors are exiting Bitcoin and gold “devaluation trades” as macro fears cool Bitcoin and gold ETFs have seen notable outflows alongside weaker CME futures positioning The shift follows months of inflows into Bitcoin ETFs during the Iran conflict-driven macro hedge trade Bitcoin’s (BTC) role as the market’s flagship “devaluation trade” is fading as investors unwind macro hedges built during the…

Bitcoin Futures Gaps to Become History as CME Begins 24/7 Trading

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Bitcoin (BTC) has created its last classic price magnet as a staple chart feature disappears forever. Key points: Bitcoin is set to lose popular short-term price targets as CME Group’s futures market goes 24-hour. CME futures gaps will no longer be created over weekends. Several open gaps still remain on the chart, with the lowest near $67,000. Bitcoin futures gaps to disappear permanently Starting on Friday, CME Group’s Bitcoin futures market will trade 24 hours a day, seven days a week, ending the phenomenon of futures “gaps.” Futures trading on…

Top Chartist Warns Of Bearish Setup

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XRP’s weekly chart is flashing a bearish continuation risk after failing to reclaim the $1.60 area, according to veteran chartist Aksel Kibar, CMT. His latest XRPUSD setup points to a possible extension lower toward $0.75 if the current consolidation breaks down. Kibar, who posts under the TechCharts account on X, is a Chartered Market Technician and classical chart trader with more than 15 years of experience in global equity market analysis. He’s an ex-fund manager who has worked for Yapi Kredi Bank in Turkey and the National Bank of Abu…