Author: boss

CZ Says Crypto Exchange Rivals Opposed His Pardon Bid

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Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday. “The other crypto exchanges in the US don’t want me to get a pardon,” Zhao said, arguing they were concerned about Binance re-entering the…

Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000

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Bitcoin’s price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the current Bitcoin price action is playing out a bull trap the market has seen before and that the setup is pointing to a destination that sees the cryptocurrency crashing by almost 50% from current price levels. Related Reading Bitcoin Mirrors Key Stepping Stones From 2022 Bear Cycle Chiefy’s analysis centers on a structural comparison between Bitcoin’s current price sequence and the step-by-step…

Major Bitcoin Mining Pools Join Stratum V2 Collaborative Organization

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Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used by mining pool operators to communicate with individual miners in their pools. AntPool, Block Inc, F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND all joined the working group to collaborate on the mining pool communication standard, which could reduce the time it takes pools to successfully mine blocks, according to an announcement from Stratum V2. “Bitcoin mining is competitive and fragmented by design. It is a race for efficiency where a…

8 Months To Go: Here’s How Bitcoin Could Trend In 2026 – Analyst

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Bitcoin is presently trading above $80,000, as market bulls sustain the rebound from early April. However, the flagship cryptocurrency remains firmly in bear-market territory, down roughly 37.5% from its all-time high. Amid the ongoing rally, crypto analyst Aralez has outlined a potential price trajectory for the remainder of 2026, highlighting the key macroeconomic and market catalysts likely to shape Bitcoin’s next major move. Bitcoin To Fall Again, Cycle Bottom Likely In Q3  In an X post on May 8, Aralez shares an interesting Bitcoin price prediction for the last eight…

Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank

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Campaign founder Yves Bennaim isn’t giving up. Even after his group failed to gather enough signatures to force a Swiss national referendum on Bitcoin reserves, Bennaim said another push could follow. Related Reading The Swiss direct democracy system requires campaigns to hit a signature threshold within 18 months — his team didn’t make it. A Bold Proposal That Didn’t Get Off The Ground The initiative would have required the Swiss National Bank to hold Bitcoin alongside gold and foreign currencies. Supporters argued that adding Bitcoin to the SNB’s reserves would…

CME Group Targets June 1 Launch for Bitcoin Volatility Futures Pending CFTC Review

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Key Takeaways CME Group plans to launch Bitcoin Volatility futures (BVI) on June 1, 2026, pending CFTC approval. CME’s $500-per-contract BVI product gives institutions a regulated tool to trade bitcoin’s implied volatility directly. Giovanni Vicioso says traders will gain a new risk management layer; CF Benchmarks CEO Sui Chung calls it a maturation milestone. CME’s BVI Futures Let Traders Go Long or Short Bitcoin Volatility Starting June 2026 The contracts will carry the ticker BVI and cash-settle to the CME CF Bitcoin Volatility Index Settlement, known as BVXS, CME detailed.…

Strategy CEO Outlines Criteria for Bitcoin Sales

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Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings.  The company will sell Bitcoin to pay the dividend on its Series A Perpetual Stretch Preferred Stock (STRC), a corporate credit instrument that pays an 11.5% dividend to holders, and to defer or offset taxes, Le told CNBC. He added: “I believe in math over ideology, and at the point where selling Bitcoin versus selling equity to pay a dividend is better for…

Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift

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Key Takeaways Antpool, F2pool, Foundry, and 4 others joined the Stratum V2 Working Group on May 7, 2026. Stratum V2 offers miners up to 7.4% higher profitability through lower latency and better fee capture. Braiins and Spiral founded the Working Group in 2022, now entering a new deployment phase in 2026. 7 Bitcoin Mining Pools Back Stratum V2 as Miners Push for Block Template Control Antpool, F2pool, Foundry, Spiderpool, Block Inc., MARA Foundation, and DMND are now part of the effort to advance the open mining protocol standard. The announcement…

XRP Analyst Reveals The Question No One Asks And Why It’s Important

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XRP is drawing renewed attention in the crypto community after an analyst raised a key question about the driving force behind demand for the asset in a global settlement system. The discussion focuses on how XRP would function if the XRP Ledger (XRPL) were widely adopted for payments, and whether the cryptocurrency’s value comes from usage, liquidity routing, or deeper institutional structures built around it. Related Reading Analyst Questions XRP’s Demand Source In An XRPL Economy  Crypto analyst Iso Ledger posted a compelling question in an X post on May…

CLARITY Can Bring Crypto Industry Back to US: Attorney

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Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a crypto infrastructure company.  “The US dollar is the world’s largest fiat on-ramp for cryptocurrency, accounting for over $2.4 trillion in volume between July 2024 and June 2025,” Hughes said. However, the vast majority of crypto trading volume takes place on exchanges based outside of the United States, Hughes said, adding…