Tag: Bitcoin

Kraken Rolls out Bitcoin Vault With 2.5% APY for Long-Term BTC Holders in the US

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Key Takeaways Kraken launched Bitcoin Vault on May 27, 2026, offering BTC holders up to 2.5% APY in auto-compounding BTC rewards. The vault routes funds through Aave and Morpho via a Veda-powered, Sentora-managed strategy on the Ink network, with DeFi risk including potential total loss. Kraken’s DeFi Earn suite surpassed $240M in inflows in 2026, and Bitcoin Vault extends that infrastructure to BTC with a five-day withdrawal period. Kraken Bitcoin Vault Goes Live: BTC Holders Can Now Earn Yield The new product sits inside Kraken’s Earn suite alongside its existing…

Bitcoin price holds $75K as ETF demand weakens

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Bitcoin price hovered near the $75,000 zone on Wednesday as volatility cooled and traders watched whether the latest support area could hold. Summary Bitcoin price trades near $75K as lower volatility and weak spot demand limit buyer conviction. BTC faces pressure from Bitcoin ETF outflows and signs of lower institutional exposure in spot funds. Traders are watching $74,662 support, with $76,327 acting as the first recovery level near term. (BTC) traded around $74,834 after sliding 2.02% over 24 hours, with intraday movement between $74,708 and $76,140. According to data from…

Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

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Key Takeaways Bitcoin fell below $75K on May 27 as Glassnode flagged fading exchange-traded fund (ETF) inflows. Bitstamp data showed BTC dropped 3% weekly, wiping out $115.3M in leveraged longs. Polymarket traders priced U.S.-Iran deal odds at 30% ahead of the May 31 deadline. Onchain Metrics Signal Fading Momentum For the second consecutive day, bitcoin trended downward, slipping below the $75,000 threshold even as major Wall Street indexes hovered near record highs. According to Bitstamp data, the leading cryptocurrency plummeted to its daily low after spending much of the prior…

🚀 GROOT CRYPTO NIEUWS uit Amerika! En Bitcoin koersverwachting! Naar $98.000?!

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Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

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Key points: Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment. Most major altcoins look weak, suggesting the bears are in control. Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds recording net outflows of $1.88 billion since May 15, per Farside Investors’ data. Glassnode said in a post on X that persistent net outflows from BTC ETFs…

Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

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Key Takeaways Nansen flagged a smart money whale on May 27 running $7.4M BTC and $8.7M ETH shorts at 20x leverage on Hyperliquid. The same wallet holds $5.09M long on XYZ100 and $3.46M long on S&P 500, generating $1.35M in combined unrealized profit. At 20x leverage, a 5% rise in bitcoin or ether could trigger liquidation of the whale’s $16.1M short position on Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting…

Fold starts rolling out Bitcoin credit card with 4% rewards offer

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Fold Holdings has started issuing its Fold Bitcoin Credit Card to selected waitlist members, adding a consumer credit product to its growing Bitcoin rewards and workplace payments business. Summary Fold has started issuing its Bitcoin Credit Card to select waitlist members, offering 1.5% back in Bitcoin and up to 4% through rewards and partner offers. The card runs on Visa and Stripe Issuing, with physical and virtual cards available through the Fold App for Apple Pay and Google Pay. The launch comes after Fold missed Q1 2026 earnings expectations and…

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Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure – Bitcoin News

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Key Takeaways Mastercard Transaction Services (U.S.) LLC received a NYDFS Bitlicense on May 27, 2026, clearing the way for digital asset operations in New York. The approval follows Mastercard’s $1.8 billion acquisition of stablecoin infrastructure firm BVNK in March 2026, signaling deeper commitment to onchain payments. Chief Product Officer Jorn Lambert says regulatory clarity is now central to Mastercard’s strategy for scaling stablecoins and tokenized deposits globally. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access The approval came through New York’s Bitlicense framework, which NYDFS established in 2015.…

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far – Bitcoin News

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Key Takeaways OpenAI CEO Sam Altman said May 2026 fears of mass AI layoffs were overstated. Brookings and Yale Budget Lab found limited AI labor disruption through 2026. Anthropic warned AI deployment gaps may slow workforce replacement beyond 2026. Sam Altman is backing away from his bleak labor forecast, and it’s not hard to see why: the job apocalypse tied to AI hasn’t arrived. Fresh analyses from groups like the Yale Budget Lab and Brookings point to minimal disruption so far, even as Anthropic flags a yawning gap between AI’s…