Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Jane Street 13F filings for Q1 2026 show say dem do big change for crypto ETF exposure. Dem cut dia main Bitcoin ETF stake by about 71%: IBIT drop to ~5.9M shares (≈$225M) and dem trim FBTC about 60%. At same time, Jane Street shift money to Ethereum ETFs, put about $82M into ETH ETFs. Dem almost double exposure for BlackRock’s ETHA and increase position for Fidelity’s FETH. The filings also show ~78% cut for their MSTR exposure and other changes for crypto-related equities (including smaller stakes in several miners). Important to note say 13F only capture end-of-quarter long holdings and fit miss derivatives, shorts, futures, swaps, and OTC hedges. This one mean the BTC ETF and ETH ETFs headline fit be part of bigger delta-neutral hedging strategy instead of direct directional bet. For crypto traders, the actionable takeaway na positioning: visible buying toward ETH ETFs fit give short-term support for ETH relative to BTC, but market impact fit be muted because the true flow fit dey hedged.

Di South Korea plan for crypto tax don come under review again after petition wey dey call make dem cancel virtual-asset tax don pass 50,000 signatures and dem put am forward make National Assembly review am. The petition make Finance, Economy and Planning Committee begin consider am. Under Income Tax Act, crypto profits fit dey taxed up to 22% from January 1, 2027 if annual gains pass 2.5 million won. The proposal don already delay three times. The petition talk say the Korea crypto tax plan dey focus too much on collecting revenue while market protections dey behind, like rules on short-selling, listing/review processes, investor protection funds, and monitoring for unfair trading. Separately, the National Tax Service talk say dem don start preparations, including collecting exchange data and building AI system to track crypto investment gains. For traders, near-term effect na uncertainty: strict 22% tax with low exemption fit reduce retail demand and add sell-pressure, while possible delay or repeal fit boost sentiment for Korea’s retail-heavy market.

Polymarket dey push enter Japan as dem appoint Mike Eidlin make e dey lead regulatory waka and dem dey ready to lobby make dem approve am by 2030. Right now the platform dey block users wey dey Japan from trading, dem talk say na because Japan get strict criminal gambling law. Main mata mata be classification: event-based prediction contracts dey for gray area between regulated derivatives and gambling. Polymarket talk say demand don dey form for Japan and Asia, dem show growth metrics and rapid volume increase across platform to support am. Traders suppose see this as long-term, high-uncertainty catalyst. If Japan Financial Services Agency (FSA) accept prediction contracts as regulated financial derivatives e fit set G7 precedent. But political and legal wahala fit make timeline delay beyond 2030. Meanwhile the wider regulatory environment still tight, other prediction platforms also dey face access restriction—this one mean near-term volatility risk remain high for the sector instead of giving immediate price boost.

Trump Media & Technology Group (wey dey own Truth Social) dey face nearly $480M unrealized loss for dia Bitcoin holdings. Arkham data show say for May 21 di firm move 2,650 BTC go Crypto.com, and di transfer value na about $205M that time. Di company buy 11,542 BTC for mid-2025 for around $1.37B (~$118,522 per coin). With Bitcoin near $77,200 (about 35% below dia cost), the paper loss dey estimated near $480M. E still be di second big Bitcoin outflow for 2026: four months before dem move 2,000 BTC when Bitcoin dey near $87,380. After di latest transfer, di remaining holdings dey estimated around ~6,889 BTC, showing say Trump Media don shed more than 4,600 BTC dis year. For earlier SEC disclosures, Trump Media report $406M net loss for Q1 2026, mainly driven by non-cash, unrealized markdowns wey relate to digital assets and equity securities. Besides Bitcoin, dem still hold 756M CRO tokens as part of dia wider crypto treasury strategy.

Goldman Sachs don stop to dey report im Solana (SOL) and XRP ETF holdings, move wey crypto analysts dey call as selective "conviction statement" rather than say na general bearish sign. Traders suppose note say Goldman still keep exposure to Bitcoin (BTC) and Ethereum (ETH), even as e reduce risk for weaker market. For XRP, Goldman still show about $153M across four XRP-related ETF products. For Solana, im reported SOL ETF exposure reach over $100M across SOL funds. Even so, the wider context still fragile: XRP don fall over 26% year-to-date and SOL don drop over 30%, while BTC and ETH still dey under pressure. Another analyst talk say XRP ETF flows still dey positive despite Goldman exit, meaning institutional demand dey spread and no concentrated. Quoted data show BTC and ETH ETFs get big outflows same period, while XRP ETFs gain about $100M and Solana ETFs record inflows near $103M. Bottom line for traders: Goldman cut for Solana and XRP ETFs show caution, but continued (though uneven) inflows into XRP and SOL dey against clean risk-off move. Watch whether ETF flow momentum fit offset market wide downtrend for SOL and XRP.

One trader wey dey use the name “cprkrn” talk say im don recover BTC after 11 years, dem regain 5 BTC wey worth about $398,000. The wallet bin connect to Blockchain.com account, and im lose access after im forget password and later misplace the backup files wey matter. The recovery start wen im comb old notes and wallet files from old Mac computers and drives. Im upload the encrypted material to Anthropic’s Claude AI, wey help identify the correct backup and how to use the open-source password recovery tool btcrecover. The key breakthrough reportedly come when im match one old wallet key for im notebook with the old password, make im fit decrypt and extract the private keys. Before success, im spend about $250 on professional recovery attempts and try brute-force strategies for many years (the article talk say about ~3.5 trillion password guesses). The case go viral for X, bring more attention to AI-assisted troubleshooting and start debate again about sharing sensitive wallet backups or seed-related data with AI platforms. For traders, this BTC recovery na mainly a sentiment and tooling signal, no be network change. E fit make more people interested in wallet security and recovery workflows, but e no likely to affect Bitcoin fundamentals or near-term price in any material way.

Crypto exchange Kraken tok say dem go stop to use LayerZero as im cross-chain provider and dem go shift Kraken Wrapped Bitcoin (kBTC) plus any future wrapped assets go Chainlink CCIP. Kraken talk say na "enterprise-grade infrastructure" plus tighter security and risk controls na dem need, including certifications (ISO 27001, SOC 2), secure-by-default design, 16 independent node operators, and native rate limits. The move follow the April Kelp DAO exploit wey about $292M in liquid restaking tokens dem chop and people dey suspect say Lazarus Group involve. After the incident, LayerZero later admit say dem get issues like internal RPC attacks and one "source of truth poisoned" event, plus DoS on external RPC providers, and dem point Kelp single-DVN setup as one factor wey cause am. Other protocols don also migrate from LayerZero go Chainlink CCIP, with TVL reportedly shift after the hack. Even with the upgrade, LINK no get immediate market reaction and e still near bear-market low. On the other hand, LayerZero native token ZRO reportedly crash sharply after the exploit.

New HarrisX/Politico poll show say crypto regulation no be big matter for most US voters. For one Public First survey of 2,035 adults, only 4% talk say candidate position on crypto regulation go affect how dem go vote for 2026 midterms. For Congress, voters prefer affordable housing, protection from consumer fraud and lower bank fees. Support to make crypto mainstream split. Only 27% support or strongly support government steps to mainstream crypto, while 31% stand against am. Over half of respondents never trade crypto and no plan to. Even among past traders, only 7% say candidate stance on crypto regulation go affect how dem vote. Separate, 45% say crypto investing na risk wey no worth to take even if returns high. Politics still dey active with money and lobbying. Crypto lobby groups spend over $130m for 2024 election cycle and don commit about $320m for November midterms, including $5.5m for Illinois to target opposing candidates. Legislative momentum dey continue: Senate Banking Committee dey expected to vote to advance the Clarity Act, wey pass House for June. Reports tell say White House negotiations between crypto interests and banking lobby groups help shape the final version. For BTC traders, quick takeaway be say regulatory progress dey move, but broad voter support for crypto limited—likely reduce expectations for rapid, consensus-driven policy change.

BlackRock don file with SEC for new tokenized fund structure, dem go use Securitize infrastructure to record ownership on-chain. Dem submit the filing May 12 and name Securitize Transfer Agent, LLC as the regulated transfer agent wey go maintain blockchain shareholder records and enforce investor eligibility. This application build on top of BlackRock own on-chain product, the BUIDL tokenized fund (launch for March 2024), wey don grow reach about $2.3B AUM. BlackRock also bin lead $47M funding round for Securitize before, confirm am as preferred regulated infrastructure partner. The news land as tokenized real-world assets (RWA) don pass $30B, include tokenized treasuries, private credit, real estate and more. The article show trading-relevant benefits wey dey follow tokenized fund rollouts: faster settlement, easier fractional ownership, more automated compliance, and possible 24/7 market availability. For crypto traders, the main signal na say one major TradFi manager dey treat tokenized funds as product line wey fit expand, this one strengthen RWA/treasuries story. The near-term watch na whether BlackRock go extend beyond U.S. treasuries and money-market exposure into higher-yield or less-liquid categories, wey fit change liquidity assumptions, volatility expectations, and capital rotation speed across tokenized instruments. Key keyword: tokenized fund.

Solana Foundation don release one phased quantum readiness roadmap wit Anza and Jump Crypto’s Firedancer. Di plan na be make dem move go post-quantum cryptography before quantum wahala start dey practical, and dem wan make e disturb things small. Di main thing na Falcon, one post-quantum digital signature wey dey inside NIST process for quantum-resistant. Solana talk say dem don put Falcon prototypes for GitHub already. Dem still mention Blueshift’s Winternitz Vault, one quantum-resistant primitive wey don dey used for Solana pass two years. Migration plan start wit new wallets wey go first use post-quantum signatures. Old wallets go change only after dem see "true threats", so make performance no too suffer. Roadmap go still continue research and check other options besides Falcon. For traders, na development/standards milestone na im be this, no be tokenomics or consensus change. But e fit boost SOL sentiment as e show Solana serious about long-term security. Make una watch for proper execution: testnet deployments, mainnet feature gates, and third-party audits for Falcon implementation.

Circle don announce $222M funding round for dia new Layer 1 blockchain wey dem call Arc, wey value the network about $3B. The raise na led by a16z crypto and e include big institutional backers like BlackRock and Apollo, dem mention Standard Chartered join too. One important design choice na the USDC gas token. Arc dey use USDC as the native gas token to make transaction costs "dollar-native" for institutions and to reduce the wahala wey dey for holding volatile ETH. The network dey described as get sub-second finality and fully EVM-compatible, so e go make developer migration smoother and e dey target regulated assets and institutional payments. For traders, market takeaway be say Circle Arc dey reinforce stablecoin-led infrastructure narratives, and the USDC gas token idea fit boost USDC sentiment short-term. Long-term, the project still be speculative until real apps and on-chain activity scale. If Arc gain traction, e fit shift some institutional settlement demand comot from Ethereum go one more stablecoin-centric execution layer.

Seven major Bitcoin mining pools — Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND — don join di open-source Stratum V2 protocol. Together dem dey control about 75% of global BTC hashrate, wey mark one important milestone for Stratum V2 rollout. Main change na governance and which transactions dem go select. With Stratum V2, miners fit generate their own block templates, so pool operators no go too get power for which transactions to include (na persistent centralisation worry with Stratum V1). Hashrate concentration high: Foundry (34.2%), AntPool (14.2%), F2Pool (11.3%), SpiderPool (10.5%), and MARA Pool (4.7%), total about 75%. Traders suppose note short-term mining stress too. CoinShares say about 20% of active miners dey operate at loss. Hashprice around $38.57, and difficulty fit rise from 132.47T to 135.64T (May 15) with total hashrate about 998 EH/s. Overall, big-pool adoption of Stratum V2 fit improve transparency and give miners more influence, but current profitability pressure fit weigh on short-term BTC sentiment.

One HarrisX national survey show say bipartisan support full ground for CLARITY Act as Senate dey ready for important step. After people read one neutral summary, 52% registered voters support the CLARITY Act and 11% nor support am. Plenty people never hear about the bill: 64% talk say dem never sabi the bill before the poll. The results still show strong push for regulation. 70% want US to pass clearer cryptocurrency law, and 60% prefer federal rules instead of case-by-case enforcement. National security worry dey push matter: 56% talk say foreign-controlled digital payment systems go weaken US security, and 46% talk say trading outside US oversight dey at least somewhat worrying after dem know say many big exchanges dey offshore. The CLARITY Act go clear who dey oversee—SEC or CFTC—based on asset type, introduce registration requirements for exchanges and custodians, and set consumer protection standards. Stablecoin policy still dey watch: reported drafts wan limit passive, bank-style yield but allow rewards wey connect to active participation. Politics fit still affect market expectations. The poll find say 52% voters talk candidate crypto stance dey at least somewhat important for 2026 midterms (go up to 78% among crypto owners). HarrisX also report net +20 political benefit for senators wey support the CLARITY Act. Next step for traders: US Senate Banking Committee don schedule mark-up of CLARITY Act on May 14, na the first formal committee debate before any full Senate vote. Watch mark-up headlines and stablecoin-yield wording for near-term volatility as chances for regulatory clarity increase.

Di US Senate Banking Committee go hold hearing for May 14 about the “Digital Asset Market Clarity Act of 2025” after dem postponed am for January. The bill na e dey try bring clearer rules for how US crypto market go work before White House target to sign law by July 4. Crypto industry groups happy say the hearing dey and dem call am momentum toward predictable regulation. The article talk say dey about 70 million US crypto users. Supporters talk say the law go clear long-standing fights like SEC vs CFTC jurisdiction, plus make consumer and developer protections stronger and sort out how stablecoin rewards suppose dey treated. But traditional banks never fully agree. Banking trade associations send joint letter to Senate Banking Committee Chairs Tim Scott and Elizabeth Warren, dey ask make editorial changes—especially on stablecoins, investor protections, and developers’ rights. That one mean consensus no sure even tho the committee dey collect stakeholder feedback. For traders, na regulatory momentum this be, but short-term sentiment fit still dey mixed because disagreement about stablecoins fit delay or weaken the outcome.

One Swiss kampaign wey bin dey try make Swiss National Bank (SNB) hold Bitcoin (BTC) alongside gold don comot after e only collect about 50,000 signatures — e miss di 100,000 wey dem need to trigger referendum. Di proposed constitutional change for list BTC next to gold and reserves, but e no talk any fixed BTC allocation. Supporters tok say BTC fit serve as "insurance" cos SNB dey rely heavily on US dollar and euro assets; about 75% of foreign reserves dey denominated in dollars and euros. But SNB still oppose am, dem talk say Bitcoin no fit for reserves because of volatility and liquidity wahala. For crypto traders, di failed BTC reserve referendum reduce di chances say Switzerland direct-democracy go create near-term, policy-driven demand for BTC. Di BTC-focused "sovereign reserve" narrative fit cool down, so any price momentum go more likely depend on wider macro liquidity and risk sentiment rather than SNB headlines.

Prediction market for “Starmer out by June 30, 2026” drop kam to about 22% YES, from 38% the day before, wey mean say chance of Keir Starmer resign or comot soon don reduce. The longer one “Starmer out by December 31, 2026” na about 53.5% YES, down from 68%, but sha, plenty uncertainty still dey. For politics, Keir Starmer dey face pressure for leadership after bad results for the 2026 local elections. Labour lose control for some councils and dem lose hundreds seats. Reform UK wey Nigel Farage dey lead gain ground sharp, and this don make people inside Labour criticize Starmer leadership and policy direction. For traders, make una treat this as sentiment/volatility signal from the “Starmer out” contracts not as direct economic-policy shock. Market dey price less immediate disruption, but still dey leave serious tail risk for later 2026 if losses continue. Make una watch reactions from senior Labour people, any internal leadership challenge, public polls, and any policy or foreign-relations moves concerning EU and NATO commitments. The “Starmer out” pricing show how quick political risk fit turn to wider market volatility.

Coinbase (COIN) report say dem get net loss for Q1 wey be $394.1 million, and after dem release the earnings, im stock commot like 5% down go around $192. This na the second quarter wey dem lose back-to-back. The report show say plenty weakness dey cause by crypto market liquidity. Macro condition "really hard," as total crypto market cap and total trading volume both drop more than 20% quarter-to-quarter. Subscription and services revenue fall 13.5% to $583.5 million, while transaction revenue drop 40% year-on-year to $755.8 million as spot activity weak (global spot volume down 44% in the quarter). Coinbase also record $482.4 million loss on crypto assets wey dem hold for investment. Even though dem suffer setback, Coinbase show say derivatives and custody dey grow. Dem crypto trading market share climb to 8.6% (all-time high), and dem report 12% global custody share. Derivatives trading volume jump 169% year-on-year, with annualized retail derivatives revenue pass $200 million and prediction markets reach $100 million annualized after US launch. For traders, Coinbase earnings clear say exchange profitability dey very sensitive to BTC-linked spot weakness and overall trading volumes—this one dey often put short-term sentiment pressure for the whole exchange/market complex, even if derivatives and custody gains partly offset spot decline. Coinbase go still be key read for liquidity and volatility conditions.

Coinbase outage last pass five hours after one AWS server-facility (US-EAST-1, use1-az4) overheat incident wey disrupt trading and execution. Traders report say dem get incomplete fills and forced liquidations even as dem try close or sell. During the Coinbase outage, BTC drop come reach around $79,300, while liquidations total about $366.83K for the last hour and $823.78K over four hours. Coinbase talk say dem go restart markets gradually to protect order-book integrity, first move all pairs into “Cancel Only” mode (only cancellations allowed), then enable limited trading. After roughly six hours, BTC trading reportedly resume and price start to recover as other exchanges absorb volume during peak hours. For traders, key signals include liquidity fragmentation and higher near-term spread/exec risk around the staged reopening. Coinbase reportedly lose over 35% of prior-day trading volume (about $1.2B), with BTC making up over a third of Coinbase volume. Price discrepancies versus other centralized exchanges also show during the outage. Separate backdrop factors—Coinbase AI-related job cuts and a weakening Coinbase premium (BTC trading at a discount since late April)—add sentiment pressure, but the Coinbase outage remain the immediate volatility catalyst.

Di pro-crypto super PAC Fairshake and de AI-aligned PAC Leading the Future don spend over $100M for de 2026 midterms, wey don bring attention to crypto regulation and campaign-backed legitimacy. Fairshake—wey Coinbase, a16z and Ripple back—spend about $28M for competitive 2026 primaries and e get reported war chest of about $193M. Leading the Future (wey dem launch for Aug 2025) don raise over $75M. Dis spending come as public sentiment dey turn cautious. One Public First poll for Politico (April, n=2,035 US adults) show say 45% talk say to invest for cryptocurrency no worth de risk, even if returns fit high. E still show say 44% think AI dey develop too fast, and near two-thirds want Congress make strict AI rules or make broad oversight. Awareness low too: only 3% sabi Fairshake and 9% sabi Leading the Future. Observers dey warn say once voters join industry-backed spending with crypto and AI, backlash fit quickly change de regulation story. For crypto traders, di main trade na about expectations. Di article highlight “CLARITY Act” as big target and say wetin happen for midterms fit sharply affect chance say e go pass. If regulation optics worsen, risk appetite for crypto assets fit shrink; if de funding fit limit de harshest route, downside fit dey capped.

Outset Media Index (OMI) don launch as one unified media intelligence system for Web3 PR and marketing teams, wey dey aim to fix “tool fragmentation” wey dey inside crypto communications workflow. Instead make people dey manage plenty different platforms, OMI dey standardize how to select outlets and plan campaigns with decision-ready media benchmarking. OMI dey cover pass 340 Web3/crypto publications and e dey evaluate dem with more than 37 normalized metrics. Di later article add clearer details on three functional layers wey e replace: (1) research databases with dual scoring, regional filtering, engagement quality, syndication tracking, and LLM visibility; (2) monitoring and media comparisons using multidimensional scoring across traffic signals, SEO indicators, audience behavior, syndication depth, and influence; and (3) exportable report decks wey keep consistent benchmarks across campaigns. OMI no be outreach platform or CRM. E complement tools like Cision/Muck Rack by focusing on objective media benchmarking rather than managing contacts or sending pitches. For crypto traders, dis one mainly na industry-enablement update. E fit small improve how projects dey allocate PR budgets and how dem dey measure narrative impact reliably, including AI-visible citations. But e no directly change token supply, network security, or market structure—so any price effect on individual tokens supposed to be limited.

Moscow Exchange talk say dem go start calculate and publish crypto indices for XRP, Solana (SOL), Tron (TRX) and Binance Coin (BNB) from May 13. New benchmarks go trade under tickers MOEXXRP, MOEXSOL, MOEXTRX and MOEXBNB. Index inputs go weight by volume from major offshore venues: Binance (50%), Bybit (20%), OKX (15%) and Bitget (15%). The launch still dey upgrade the wider Moscow Exchange crypto index suite. From May 13, key indices like MOEXBTC and MOEXETH go shift from once-daily pricing to updates every 15 seconds during trading hours, plus extra weekend sessions. For crypto traders, faster index updates fit improve short-term pricing references for index-tracking derivatives and market access for big-cap coins like XRP. But Russia ongoing restrictions on retail crypto access fit limit wider spillover to overall spot demand.

Coinbase dey cut staff like 14% (around 700 people) as dem dey restructure for weaker crypto market and dey target AI-driven productivity gains. The plan na to control expenses, streamline operations, and dem aim make e mostly finish by Q2 2026. Coinbase expect restructuring charges about $50m–$60m, mainly cash severance and termination benefits, wey go mostly show for Q2 2026. CEO Brian Armstrong talk say Coinbase dey “adjust early and deliberately,” and na market volatility and fast AI productivity gains be di main reasons. Operationally, company go form smaller AI-focused teams, reduce leadership layers, and make managers do more individual-contributor work to cut coordination overhead. The filing (Form 8-K) talk say the estimates depend on assumptions like local law and consultations, so final figures fit change. For traders, these Coinbase cuts read mainly as cost-management and efficiency signal from a major U.S. exchange (no be protocol change). That fit weigh on near-term COIN sentiment and risk appetite for exchange-linked equities, even though long-term goal na to make Coinbase more AI-native.

ARK Invest Big Ideas 2026 dey forecast big upside for Bitcoin (BTC). Dem talk say BTC market value fit rise from about $1.5–$2T now to $16T by 2030—roughly 63% CAGR—meaning about $761,000–$762,000 per BTC if supply remain 21 million. For the wider crypto market, ARK estimate say total market cap fit grow from roughly $2.8T to $28T by 2030 (about 61% CAGR). Bitcoin suppose make about 70% of that growth. The remaining ~30% go come from smart-contract networks, led by Ethereum (ETH) and Solana (SOL). Key catalysts wey dem mention na continued “monetization” of BTC across demand channels like digital-gold stories, corporate treasuries, nation-state reserves, and settlement collateral. Dem also highlight spot ETF adoption and easier institutional access fit support sustained “supercycle,” no be only short-lived boom. For traders, the takeaway na maco-style accumulation story for BTC, with ETH and SOL positioned as beneficiaries at the execution layer. ARK also estimate say combined smart-contract platform value fit reach about $6T by 2030, supported by protocol revenues and rising on-chain activity. At the time of the report, BTC dey around $78,147 as market dey try reclaim the $80,000 resistance level.

US blockade dey press Iran, and officials talk say the action dey squeeze Iran economy reach serious wahala. The blockade don cut global oil transit through the Strait of Hormuz, push oil prices higher, while Iran dey face heavy inflation and reduced oil exports. Iran still dey allow some Chinese vessels make dem pass, so the situation depend on one fragile ceasefire and China diplomatic stance. For crypto traders, the main input na the prediction-market shift. Odds for “Trump announces US blockade of Hormuz lifted” don fall to about 29.5% (down from ~40% in 24 hours and ~55% one week ago). Another contract for “US officially declare war on Iran” dey around ~7.5% YES. Overall, market pricing show say e no likely Trump go lift the US blockade by May 31, 2026. Wetin to watch: further US administration/CENTCOM statements, any US-Iran negotiation developments, and signs of ceasefire stability or escalation risk. Because US blockade-driven Hormuz risk fit spill into broader risk sentiment and oil-linked volatility, e fit affect BTC flows.

WLFI token unlock don move forward after one governance proposal con get 99.5% support. The plan approve make dem release 62 billion WLFI after quorum quick finish. E still include burn 10% of tokens wey founders, team members and partners hold. For traders, the main timing na the remaining 40.7 billion WLFI go only enter gradually for five-year release after two-year lock-up. That one mean say no WLFI go enter circulation for at least two years, so supply go dey more visible. But risks still dey. Voting participation low and power dey concentrated: the biggest wallet dey control about 13% of votes, while top four addresses hold almost 40%, so major tokenomics changes fit be driven by small group. Off-chain legal uncertainty still matter. Dem report say Justin Sun dey sue over claims say im tokens don freeze and dem remove im governance rights; the company deny the allegations. Such disputes fit add volatility around WLFI token unlock and governance headlines. Technicals show bearish signs: RSI(14) near 15 (deep oversold) and WLFI dey trade around $0.055–$0.056, with support around $0.0545 and resistance near $0.0577. Net: unlock mechanics don become more predictable, but whale governance plus legal risk fit cap upside and keep traders dey reactive to liquidity and event-driven swings.

TRM Labs report say North Korean hackers comot about $577M for the first four months of 2026, wey be about 76% of recorded crypto hack losses for the period. The money full for two April attacks: $285M from DRIFT protocol and $292M from KelpDAO. DRIFT hack details: the attackers target Solana governance and multisig controls using pre-signed transactions. Dem reportedly build access with Drift employees for months, set up persistent nonce accounts from mid-March, then comot vaults in about 12 minutes after security threshold change on April 1. The exploit center na Solana nonce manipulation to bypass multisig protections. KelpDAO hack details: the breach focus on cross-chain infrastructure. Attackers allegedly compromise RPC infrastructure and disrupt LayerZero bridge cross-chain checks (single-validator design), then convert proceeds via THORChain (RUNE) to BTC and route funds through intermediaries after Arbitrum (ARB) freeze. Trading impact for DRIFT: the token delisted after the DRIFT hack (removed from Upbit and Bithumb). DRIFT dey around $0.04 with -6.19% 24h move, and the article note bearish signals (Supertrend bearish, EMA20 near $0.0389). Traders suppose to watch DRIFT resistance around $0.0407 and track risk sentiment toward Solana, multisig, and cross-chain bridge security, because TRM Labs highlight say attackers dey focus more on bridge and multisig plumbing.

Tether Investments arm don propose one three-way Bitcoin merger wey go join Twenty-One Capital (XXI), Strike, and Elektron Energy to build one public listed, vertically integrated Bitcoin company. The merger wan combine mining, treasury management, and financial services. XXI get 43.514 BTC (about $3.3B), dem talk say na the second-biggest public-company Bitcoin reserve. Strike, wey Jack Mallers dey lead, dey provide Bitcoin buy/sell, custody, payments and lending across 100+ countries, and e get $2.1B credit facility. Elektron Energy dem describe say dem dey run about 5% of the network hash rate (~50 EH/s) with low-cost BTC production. Latest details dey emphasize treasury integration and hedging: dem go use XXI’s reserves as liquidity while dem tie mining revenues into the treasury, and dem go position mining output to interact with BTC futures for risk management. Governance suppose include Raphael Zagury as proposed chairman, with Mallers focused on products. Shares of XXI reportedly rose ~3% to $8.06 after-hours. For traders, this Bitcoin merger story support a consolidation thesis for listed Bitcoin operators, but short-term BTC moves fit still dey headline-driven until deal terms and timelines clear. BTC dey around $78.1K with RSI ~61, with nearby resistance near $79.4K and support around $77.6K (and higher support for the $71.9K area wey dem mention earlier).

Bitso report wey dem call “Crypto Landscape in Latin America 2025” talk say stablecoins dey drive crypto demand for Latin America. For 2025, stablecoins make about 40% of all crypto buys, and dem pass Bitcoin first time. Based on data from near 10 million retail customers for Argentina, Brazil, Colombia, and Mexico, the report show say people dey use stablecoins because of digital dollarization — savings, payments, and remittances wey link to the US dollar. For Bitso, stablecoin buys dey led by USDC (23% of buys) and USDT (16%), while Bitcoin na 18%. Country split no even: Argentina dominated by USDC+USDT (over 70% of buys), while Brazil balanced more (stablecoins 34%, BTC 22%). Even though stablecoins dey gain share, Bitcoin still be about 52% of users’ portfolios (only down like ~1% YoY), meaning BTC still be the region’s anchor for longer-term exposure. Traders takeaway: higher stablecoin use fit support calmer, more “settlement-focused” demand rather than pure speculative chasing, while BTC still hold reserve status — fit limit downside volatility for BTC even as spot flows shift to USDC/USDT.

US Senator Thom Tillis tok say em go push Senate Banking Committee make dem schedule mark-up vote for the crypto market structure bill wey don stop, based on the CLARITY Act. E wan press Chairman Tim Scott make dem move after Senate return on May 11, say the bill don “make plenty progress.” The CLARITY Act don dey delay because lobbying and negotiations, including one setback for January after Coinbase comot support cause of one stablecoin yield clause wey go stop exchanges from dey pay stablecoin yield. Tillis talk say many bank objections wey concern stablecoin yield don dey solved and im dey urge make dem work in good faith; if no, e wan make committee proceed. Still wahala dey like (1) developer protections wey concern law-enforcement issues and (2) ethics wording. Tillis talk say im generally support Sen. Cynthia Lummis efforts on software developer protections, but e no go support the bill unless e get ethics provisions wey go limit how government officials fit use and promote crypto. For traders, if CLARITY Act get mark-up e fit reduce regulatory uncertainty, but the timing fit still shift and unresolved disputes (stablecoin yield, developer protections, ethics) dey keep near-term headline risk high.