Category: Bitcoin News

Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter – Bitcoin News

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Key Takeaways Dune CEO Fredrik Haga cut 25% of staff this week, citing a strategic refocus on AI and institutional onchain data products. Block slashed 40% of its workforce in February 2026, and Crypto.com cut 12% in March, both citing AI-driven efficiency gains. Dune plans to accelerate growth via Dune MCP, targeting financial institutions as currencies and assets move onchain. Dune Cuts 25% of Staff, Bets Future on AI and Institutional Onchain Data Haga announced the cuts this week, framing the decision as a restructuring rather than a retreat. “We’re…

Pro-Crypto CLARITY Act H.R. 3633 Passes Senate Banking Committee 15-9 – Bitcoin News

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Key Takeaways The Senate Banking Committee cleared H.R. 3633 on May 14, 2026, with a bipartisan 15-9 vote. The CLARITY Act splits digital asset oversight between the SEC and CFTC to boost market stability. Bitcoin spiked to $82,000 as the crypto industry awaits a final 60-vote Senate floor threshold. Bitcoin Taps $82K as Senate Banking Committee Advances CLARITY Act Known as the CLARITY Act or H.R. 3633, the piece of legislation moved out of the committee on a 15-9 bipartisan vote. This specific advancement represents one of the most significant…

Interactive Brokers Debuts All-in-One Prediction Market Portal – Bitcoin News

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Key Takeaways Interactive Brokers launched a unified platform on May 14, 2026, for Kalshi, CME, and ForecastEx. Kalshi 2025 volumes hit $23.8 billion, marking a 1,108% increase and signaling market growth. IBKR CEO Milan Galik plans to expand the unified hub to include additional notable exchanges soon. IBKR Aggregates Kalshi and CME for Professional Traders The Interactive Brokers (Nasdaq: IBKR) update introduces a single interface designed to consolidate these three liquidity pools. Eligible clients can now trade macro outcomes alongside traditional assets like stocks, crypto, and forex through a single…

Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News

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Key Takeaways Coinbase takes the treasury deployer role for USDC on Hyperliquid, where supply has grown to roughly $5 billion, up 2x year-over-year. The AQAv2 framework ends fragmentation between USDC and USDH, redirecting reserve yield back to the Hyperliquid protocol for HYPE holders. Native Markets’ USDH will sunset over coming months, with feeless USDC conversions available to users through the USDH Dashboard. Coinbase Becomes USDC Treasury Deployer on Hyperliquid as Native Stablecoin USDH Winds Down Announced Thursday, the arrangement places Coinbase at the center of USDC’s reserve management on Hyperliquid,…

Bitcoin tops $80,000 again as traders weigh next market direction

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Bitcoin briefly reclaimed $80,000 as traders weigh cooling ETF inflows, macro cross‑currents, and frothy derivatives positioning to decide whether BTC rallies or mean‑reverts. Summary Bitcoin climbed above the $80,000 level despite a slight 24-hour decline. Market participants are debating whether BTC can sustain momentum toward new highs. Analysts continue watching ETF flows, macroeconomic signals, and derivatives positioning for clues on Bitcoin’s next move. Bitcoin briefly traded above the $80,000 mark on Wednesday, extending its presence near historic highs even as short-term momentum showed signs of cooling. According to market data…

Bitcoin climbs to $80,000 amid Hormuz crisis

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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. Bitcoin’s return toward $80,000 amid Strait of Hormuz tensions is increasing interest in event-driven crypto analysis platforms like Poly Truth and its PTRUE ecosystem. Summary Bitcoin’s return above $80K amid Hormuz tensions is reshaping how traders assess risk, macro trends, and crypto. Poly Truth is positioning PTRUE around prediction market intelligence as traders react to geopolitical volatility. As Bitcoin reacts to Hormuz-related macro stress, Poly Truth pitches PTRUE as…

Bitcoin price slips below $80K as ETFs hit 4-month high outflows

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U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. Summary U.S. spot Bitcoin ETFs recorded $635.23 million in net outflows on May 13, marking the largest single-day withdrawal since January. Bitcoin fell below the $80,000 psychological support level after hotter-than-expected U.S. inflation data weakened risk appetite across crypto markets. BlackRock’s IBIT, Fidelity’s FBTC, and Ark 21Shares’ ARKB led ETF outflows as institutional demand for Bitcoin exposure cooled sharply. According to data from SoSoValue, the…

Claude helps man recover 5 Bitcoin after old wallet search

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An X user known as Cprkrn says Anthropic’s Claude helped him recover 5 Bitcoin from a wallet he had not accessed for more than a decade.  Summary Claude helped locate an older wallet backup after trillions of password attempts reportedly failed earlier. AI aided wallet recovery without breaking Bitcoin encryption or changing seed phrase rules for users. Security warnings remain because uploading wallet files to AI can expose funds and private keys. The coins were worth about $397,000 during source checks, based on Bitcoin trading near $79,410. The story spread…

Bitcoin Bottom Unconfirmed as Peter Brandt Flags Bear Channel

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Key Takeaways Brandt said bitcoin has not completed a recognizable bottom after its latest rebound. Technical resistance near the bear channel keeps attention on the $79,145 trigger. Additional downside pressure could shift focus toward the channel midpoint, then its lower boundary. Bitcoin Recovery Faces Pressure Inside Bear Channel Veteran trader Peter Brandt warned that bitcoin has not completed a recognizable bottom, pointing to BTC’s possible bear channel from the February low. His accompanying chart showed bitcoin trading near the upper boundary, where the recovery appeared to meet resistance without confirming…

Charles Schwab Begins Retail Bitcoin and Ethereum Trading Rollout

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Key Takeaways Schwab Crypto will let selected retail clients trade bitcoin and ethereum through linked accounts. Clients will use separate Schwab Crypto accounts offered by Charles Schwab Premier Bank, SSB, which will custody digital assets. Future updates may add more cryptocurrencies, deposits, and withdrawals for existing digital assets. Schwab Crypto Begins Retail Rollout Financial giant Charles Schwab announced on May 12 that Schwab Crypto accounts are now being rolled out to retail clients. The first group of clients can trade bitcoin ( BTC) and ethereum ( ETH) at Schwab alongside…