Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence. Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement A court order filed by the FTC shows that the Celsius founder is permanently banned from crypto. The order stipulates that Mashinsky is not allowed to advertise, market, promote, offer, distribute, or assist in doing…
Month: May 2026
How Close Are We to $125,000 Bitcoin? Arthur Hayes Weighs In
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In our sit-down at Bitcoin Vegas, Arthur completely ripped into the Clarity Act (saying he hopes it actually gets vetoed) and called out the crypto space for constantly begging politicians for validation. On the trading side, he also broke down his current portfolio moves, explaining exactly why he’s dumping Ethereum to load up on Hyperliquid and why Dogecoin isn’t even on his radar. #Bitcoin #crypto #news Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Mobile app: Cointelegraph covers everything Bitcoin, bringing you the latest…
Bitcoin’s 46-day funding drain set the stage for this week’s wipeout
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin funding rates stayed negative for 46 days, the longest since 2023, forcing shorts to pay longs daily. Summary Bitcoin funding rates stayed negative for 46 consecutive days, the longest such streak since 2023. An estimated 30 to 40 percent of short margin was eroded by funding costs before Strategy’s $2.54B purchase triggered the final squeeze. Over $427 million in short positions were liquidated after weeks of margin drain,…
Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive
US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month. Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data. With inflows in March and April offsetting outflows in January and February, Bitcoin ETFs now show about $1.47 billion in net inflows for 2026. The cumulative net inflows to the products since they launched have topped $58 billion. Monthly spot Bitcoin ETF flows in 2026. Source:…
Brazil Central Bank Bars Virtual Assets From eFX Payments
Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and transfers. The resolution states that payments or receipts between an eFX provider and its foreign counterparty must be carried out exclusively through a foreign exchange transaction or movement in a non-resident Brazilian real account, with…
BITCOIN & CRYPTO JUST FLIPPED (for now)!!!! – Bitcoin News Today, Ethereum & Altcoins
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SBI to Make Bitbank a Subsidiary in Japan Crypto Consolidation Push
Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate regulated crypto trading platforms in Japan as the country moves toward securities-style rules for digital assets. The financial conglomerate said Friday it is considering a share acquisition as part of a potential capital and business alliance with Bitbank. The deal remains subject to due diligence, negotiations and internal approvals, SBI said. The talks come a month after SBI VC Trade absorbed Bitpoint Japan on April 1,…
23 Billion+ XRP Already Quantum Safe, According To New Wallet Analysis
Ripple’s escrow accounts are among the wallets that may not be as protected as they appear. A new breakdown of every account on the XRP Ledger found that multi-signature wallets — including those tied to Ripple — hold 36.60 billion XRP, or over 36% of the total supply, but are not automatically shielded from future quantum threats without proper key management. Related Reading What The Numbers Show The analysis was conducted by XRPL validator Vet, who reviewed all 7,810,364 accounts on the XRP Ledger. Based on that review, 23.16 billion…
Riot Q1 results show Bitcoin pressure and AI data center growth
Riot Platforms reported first-quarter 2026 revenue of $167.2 million. This compares with $161.4 million in the same quarter last year. Summary Riot generated $167.2 million in Q1 revenue as data center income reached $33.2 million. AMD doubled its contracted Riot data center capacity to 50 megawatts after exercising an option. Riot sold 3,778 BTC in Q1 and later transferred another 500 BTC to NYDIG. The company produced 1,473 Bitcoin during the quarter. That was lower than 1,530 Bitcoin produced in the first quarter of 2025. Riot recorded its first quarter…
Bitcoin Miner Riot Platforms Offloads Another 500 BTC to NYDIG, Extending Sell Streak
Key Takeaways: Riot deposited 500 BTC worth $38.24M to NYDIG, extending its sustained 2026 sell streak. The move adds persistent supply pressure from one of the largest publicly listed bitcoin miners globally. Analysts are watching whether sustained miner liquidation will cap BTC price gains heading into Q2 2026. Offloading continues Onchain data confirms the latest transfer, with the 500 BTC deposit not being an isolated event. The firm has been channeling mined bitcoin to NYDIG on a recurring basis, raising questions about the company’s treasury strategy and what the pattern…