Category: Bitcoin News

Trump Media posts $406M loss after Bitcoin, CRO markdowns

boss

Trump Media & Technology Group reported a $405.9 million net loss for the first quarter of 2026, as its Bitcoin and Cronos holdings lost value on paper. Summary Trump Media’s Q1 loss widened as Bitcoin and Cronos holdings fell below purchase prices. The company still reported positive operating cash flow despite large non-cash crypto markdowns. Crypto.news earlier covered Trump Media’s deeper Crypto.com and Cronos treasury strategy. The company said most of the loss came from non-cash charges, including $368.7 million tied to unrealized losses on digital assets, pledged digital assets,…

Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock

boss

Key Takeaways The Cryptoquant Korea Premium Index (KPI) hit 1.98% on May 7 as BTC topped $80K across South Korean exchanges. Upbit and Bithumb saw BTC swing from -2.27% to premiums amid 2026 war-driven volatility. Samsung Electronics and SK Hynix AI demand may keep Cryptoquant KPI swings elevated in 2026. South Korea’s Kimchi Premium Returns as Bitcoin Climbs Past $80K Again According to metrics tracked by Cryptoquant, bitcoin prices have swung both below and above the global, or volume-weighted average price (VWAP), since the onset of the U.S.-Iran conflict. The…

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

boss

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.…

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

boss

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…

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy – Bitcoin News

boss

Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s Pontes project launches in September 2026 to anchor DLT settlement in central bank money. Lagarde Warns European Banks That Euro Stablecoins Could Narrow ECB Rate Channel Lagarde delivered her remarks at the Banco de España Latam Economic Forum in Roda de Bará, Spain. The speech, titled “ Stablecoins and the future of money: separating functions…

Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase – Bitcoin News

boss

Judge Garnett cleared 30,765 ETH ($71M) for transfer to Aave’s wallet on May 9, 2026. The April 18 KelpDAO exploit saw attackers borrow $230M in ETH using unbacked rsETH collateral. Aave’s ETH LTV ratios are returning to normal as rsETH bridge recapitalization begins. Recovery Efforts Garner Further Momentum Judge Margaret Garnett issued an order on May 9 modifying a prior asset freeze, permitting the Arbitrum Security Council to transfer approximately 30,765 ETH, valued at roughly $71 million, to an Aave LLC-controlled wallet address. The ruling also shields participants in the…

Bitcoin outperforms gold by roughly 36% since Iran war began

boss

Since the start of the 2026 Iran war, Bitcoin has outperformed gold by roughly 35–36% on a relative basis, as BTC rose mid‑single digits while gold slipped and the BTC/gold ratio surged. Summary Since the start of the 2026 Iran war, Bitcoin has outpaced gold by about 35–36% on a relative basis, as the BTC/gold ratio surged. BTC is up roughly 7–10% over the conflict period, while gold has been flat to down, a sharp reversal of the traditional “gold as safe haven” pattern. Analysts say ETF inflows, the “digital…

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk

boss

Key Takeaways Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes. The S&P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded. Bitunix analysts see a tug-of-war ahead, with a potential $78,000 breakdown triggering liquidations. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S. military and Iran’s Islamic Revolutionary Guard Corps in the Strait of Hormuz. Similarly, the latest data showing nonfarm payrolls surging by 115,000…

TeraWulf’s HPC revenue tops Bitcoin mining for first time as AI pivot accelerates

boss

TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute has overtaken BTC as the company’s primary revenue driver. Summary TeraWulf generated $21 million from high-performance computing (HPC) hosting in Q1, surpassing less than $13 million from Bitcoin mining for the first time. Total Q1 revenue was $34 million, roughly flat year-on-year, while net loss widened to $427.6 million due largely to a non‑cash warrant revaluation. The company is rapidly converting mining infrastructure into AI/HPC…

Tucker Carlson Calls Markets ‘Fake’ After 60 Days of Middle East Conflict – Bitcoin News

boss

Key Takeaways Tucker Carlson called public markets “fake,” pointing to oil trading under $100/barrel despite 60+ days of war disruption. Bitcoin climbed to $82,000 and drew $2B in April ETF inflows as investors bypassed traditional safe-haven assets like gold. With the Strait of Hormuz still contested in May 2026, analysts warn record S&P 500 highs near 7,300 could reverse fast. Tucker Carlson: ‘Markets Are Doing Things You Would Not Expect Markets to Do’ The comments came against a backdrop that has left many analysts searching for explanations. Operation Epic Fury,…