Category: Bitcoin News

Missouri AG Files Suit Against Coinflip, Targets Over 140 Bitcoin ATM Kiosks in the State

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Key Takeaways Missouri AG Catherine Hanaway sued Coinflip on May 20, 2026, seeking up to $1,826,000 in civil penalties under the MMPA. Coinflip’s 140-plus Missouri BTMs charge fees up to 21.9%, with one 80-year-old veteran losing up to $200,000 in a single scam. The lawsuit seeks a court injunction halting Coinflip operations in Missouri until stronger fraud-prevention measures are in place. Missouri Sues Coinflip for Hiding 21.9% Fees and Allegedly Enabling Crypto Scams Statewide The suit was filed in the Circuit Court of Jasper County, Missouri’s 29th Judicial Circuit. It…

Bitcoin Bulls Lose Control After $78,000 Rejection Wipes out Overnight Recovery

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Key Takeaways Bitcoin fell below $78,000 on May 21, erasing recent gains to close just above $77,000. Persistent spot bitcoin ETF outflows and a 0.3% drop triggered $44.3 million in liquidations. If the Nasdaq index undergoes a correction, analysts warn that capital will flee high-risk crypto assets. Bitcoin Erases Gains as ETF Outflows Mount Bitcoin endured yet another underwhelming session, failing to hold the $78,000 mark and erasing earlier gains to close the 24 hours just above $77,000. The price action reversed the momentum seen between Wednesday afternoon and early…

CFTC and NHL Sign MOU Targeting Fraud in Hockey Prediction Markets – Bitcoin News

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Key Takeaways The CFTC and NHL signed an MOU on May 21, 2026, creating a formal framework for confidential information sharing. NHL became the first major U.S. pro sports league to partner with both Kalshi and Polymarket in October 2025. CFTC Chairman Michael Selig signals more league agreements ahead as prediction markets face federal oversight expansion. CFTC Chairman Selig Signs NHL Agreement to Block Insider Trading in Sports Markets The agreement establishes designated representatives on both sides who will communicate regularly, share information on a confidential basis, and coordinate responses…

Kalshi and Polymarket Midterm Markets Favor Democratic Sweep With $12.5M Combined Volume – Bitcoin News

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Key Takeaways Polymarket traders give Democrats a 47% chance of sweeping both chambers in the 2026 midterms, drawing over $7M in volume. Kalshi’s $5.5M midterm market mirrors Polymarket odds, with a Democratic sweep leading at 45% probability. Trump’s approval sits near 36-37% in May 2026 polls, putting Democrats up D+7 on the generic ballot heading into November. Prediction Markets Signal Democrats Lead 2026 Midterms as Trump Approval Hits 34% Polymarket‘s “Balance of Power: 2026 Midterms” market has pulled in $7,038,176 in total trading volume. The leading outcome among traders is…

State Street Corporation raises exposure to Strive by 770% in Bitcoin push

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State Street Corporation has sharply increased its exposure to Strive Asset Management after buying nearly 1 million shares in the Bitcoin-focused asset manager. Summary State Street Corporation increased its exposure to Strive Asset Management by 770% after purchasing nearly 1 million ASST shares valued at about $17.7 million. Strive Asset Management added 381.61 BTC between May 13 and May 18, raising its corporate Bitcoin holdings to 15,391 BTC, according to company filings. Analysts at TD Cowen and H. C. Wainwright & Co. raised their ASST price targets as Strive expanded…

Bitcoin slips below $77,000 on Gate as BTC cools

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Bitcoin has dipped below $77,000 on Gate, with the BTC/USDT pair trading just under the threshold in a muted session. Summary BTC/USDT on Gate is trading at $76,998. The pair shows a 24-hour decline of 0.03%. Price action reflects a slight pullback after recent highs. According to market data, the BTC/USDT pair is currently priced at $76,998, putting bitcoin just under the $77,000 level. The 24-hour move is marginal, with the pair down 0.03% over the period, indicating essentially flat price action rather than a sharp sell-off. The small decline…

Foundation raises $6.4M to expand beyond Bitcoin wallets

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Bitcoin hardware wallet maker Foundation has raised $6.4 million in new funding led by Fulgur Ventures as it pushes beyond self-custody into identity, authentication and AI agent authorization. Summary Foundation raised $6.4 million in a new round led by Fulgur Ventures. The raise brings the company’s total funding to $16.5 million. Foundation has opened sales of Passport Prime and plans a KeyOS app store launch by the end of Q2. Bitcoin (BTC) hardware wallet manufacturer Foundation has closed a $6.4 million funding round led by Fulgur Ventures, with participation from…

Is the Bitcoin halving cycle dead? Here’s what comes next

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For a decade, the four-year halving cycle was the closest thing Bitcoin had to a law of nature. Buy after the halving, sell eighteen months later, repeat. In 2025 and into 2026, that model is visibly failing for the first time, and the argument over what comes next is the most important debate in crypto right now. The answer matters because the cycle is not just a chart pattern. It is the lens through which an entire generation of investors learned to think about Bitcoin. Summary Bitcoin’s post-halving pattern has…

Blackrock Leads Bitcoin ETF $70M Loss as Outflow Streak Reaches Fourth Day

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Key Takeaways Bitcoin ETFs lost $70.47M, with Blackrock IBIT leading outflows at $61.45M. Ether ETFs fell $28.14M for an eighth straight day, driven by Blackrock ETHA exits. XRP ETFs gained $1.45M via Canary XRPC as solana ETF flows stalled on Wednesday. XRP ETFs Attract Fresh Inflows While Solana Products Pause After Strong Run The selling wave across digital asset ETFs has slowed in size, but not in direction. Institutional investors continued trimming exposure to bitcoin and ether products, even as overall trading activity remained relatively stable. Spot bitcoin ETFs recorded…

Easily earn Bitcoin daily for free

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BM Blockchain gains attention in 2026 as users search for beginner-friendly Bitcoin cloud mining and BTC rewards. Summary BM Blockchain gains attention in 2026 as users search for beginner-friendly Bitcoin cloud mining apps. BM Blockchain offers AI-powered cloud mining access and a $108 signup bonus for new users. Rising interest in passive BTC income boosts attention on BM Blockchain and mobile cloud mining platforms. As Bitcoin stays the top…