Live Feed

Bitcoin strategy firm and asset manager Strive (Nasdaq: ASST) has announced plans to pay cash dividends on its preferred stock, SATA, every business day. According to CoinDesk, this marks a first in U.S. securities history and is scheduled to take effect on June 16. While SATA's stated annual dividend yield is 13%, the effective yield will rise to approximately 13.88% due to the switch from monthly to daily payments. Alongside the news, Strive CEO Matt Cole announced that the company has repaid all of its outstanding debt. Strive currently holds 15,009 BTC, ranking it ninth among publicly traded companies worldwide by Bitcoin holdings.

Coinbase announced via X that it has joined as the official USDC treasury operator for Hyperliquid. The company added that it has also significantly increased its holdings of staked HYPE. Further details on the matter were not disclosed.

The T3 Financial Crime Group, a joint initiative by Tether (USDT), Tron (TRX), and TRM Labs, has frozen more than $450 million in illicit cryptocurrency assets worldwide since its launch in 2024, The Block reported. T3 is currently collaborating with law enforcement agencies in 23 countries, including the U.S., Spain, Germany, the Netherlands, and Bulgaria. The group supports investigations into exchange hacks, money laundering linked to North Korea, terror financing, kidnapping, home invasions, and other violent crimes.

Japanese listed company Fisco has announced its withdrawal from the cryptocurrency and blockchain business. The company will halt all promotions for its native FiscoCoin (FSCC) and has canceled a planned token burn. Fisco stated it will no longer pursue any activities to increase the value or expand the utility of FSCC. The company first entered the crypto market in 2016, operating a trading platform.

An address presumed to belong to BlackRock deposited 3,581 BTC ($284.62 million) and 9,876 ETH ($22.29 million) to Coinbase a short time ago, Onchain Lens reported. The total value of the deposit is approximately $306.91 million.

Decentralized exchange (DEX) aggregator KyberSwap has announced the launch of "Smart Settlement," a new feature that automatically selects the optimal liquidity pool at the time of trade execution. According to KyberSwap, this allows users to complete swaps at a better price even if market conditions change before or after execution, while also reducing the likelihood of slippage and failed transactions.

Digital asset exchange Bullish recorded a first-quarter net loss of $604.9 million, CoinDesk reported. The loss was primarily due to a decline in trading revenue driven by reduced trading volume amid weaker digital asset prices. Following the earnings announcement, Bullish's stock price fell approximately 7.9% in pre-market trading.

HashKey, a Hong Kong-listed cryptocurrency exchange, announced today the listing of Hyperliquid (HYPE). The exchange added that it will also offer over-the-counter (OTC) trading services for the token to professional investors.

On-chain analyst Easy On Chain stated that Bitcoin's recent drop below $80,000 was not a coincidence but the result of three concurrent factors, CryptoPotato reported. The analyst explained that the first factor was an increase in exchange net inflows. On May 11, the net outflow from exchanges was 19,995 BTC, significantly lower than the 28,000 to 35,000 BTC recorded earlier in the month, which increased downward pressure. The second factor was an expansion of short positions in the derivatives market. From May 8 to 10, open interest (OI) rose to 1.04 times the average, and funding rates turned negative, signaling that traders were betting on a decline. The third factor was the liquidation of leveraged long positions, with approximately $109.7 million in longs forcibly closed from May 11 to 13. On May 12 alone, long liquidations were 11.8 times greater than short liquidations. Easy On Chain added that the decline was further accelerated by whale selling and the release of U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data.

Fenwick & West, a law firm that represented FTX, is facing a $525 million lawsuit for its alleged role in concealing the exchange's fraud, Cointelegraph reported. A group of 20 FTX victims claims the firm not only represented the company but also helped build the foundation that allowed the fraudulent activities to continue. The lawsuit specifically cites testimony from former FTX Director of Engineering Nishad Singh, who allegedly informed Fenwick lawyers about the misuse of customer funds. The plaintiffs assert that instead of reporting the issue, the firm advised on methods to conceal it. The suit further alleges deep involvement in the FTX Group's illegal activities, including the establishment of shell companies to hide the flow of funds.

JPMorgan Chase significantly expanded its holdings of spot Bitcoin ETFs in the first quarter of this year, Cointelegraph reported, citing a 13F filing. According to the disclosure, the bank's holdings of BlackRock's IBIT grew by 174% quarter-over-quarter, from approximately 3 million shares in the fourth quarter of 2025 to 8.3 million in the first quarter of this year. During the same period, its holdings in Fidelity's FBTC and Bitwise's BITB also saw substantial increases of around 900% and 450%, respectively. This expansion of crypto-related assets occurred even as Bitcoin's price declined by more than 22% during the first quarter.

Binance has announced it will list AIGENSYN for spot trading at 1:00 p.m. UTC today. The listing will have the Seed Tag applied, which Binance uses for tokens that may exhibit higher volatility and risk compared to other listed tokens.

Binance has announced the addition of several perpetual futures contracts based on U.S. stocks and ETFs to expand its offerings. On May 15, the exchange will list perpetuals for the Direxion Daily Semiconductor 3x ETF (SOXL) and Marvell Technology (MRVL). The SOXLUSDT contract will support up to 20x leverage, while the MRVLUSDT contract will offer up to 10x. On May 18, Binance will sequentially add perpetuals for CoreWeave, Walmart, JPMorgan, Visa, and Berkshire Hathaway Class B. All of these contracts will provide up to 10x leverage.

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, and the bottom section displays the Cumulative Volume Delta (CVD). - The Volume Heatmap tracks the volume of trades at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences significant movement. These brighter areas may act as potential support or resistance levels. - The CVD indicator represents buy and sell orders categorized by the size of the capital involved. As buy orders increase, the corresponding colored line rises. For example, the yellow line represents orders between $100 and $1,000, while the brown line indicates large orders ranging from $1 million to $10 million.

South Korean crypto exchange Bithumb has announced that it will temporarily suspend deposits and withdrawals for Cosmos (ATOM) to support an upcoming network upgrade. The suspension will begin at 6:00 a.m. UTC on May 20.

Global ratings agency Moody's has assigned its highest credit rating, AAA-mf, to the tokenized money market funds (MMFs) of BlackRock and Fidelity, CoinDesk reported. The AAA-mf rating indicates that the funds have very strong liquidity and principal preservation capabilities, representing the lowest level of credit risk. Money market funds are low-risk products that invest in short-term debt instruments with maturities of one year or less, such as U.S. Treasury bonds, commercial paper (CP), and certificates of deposit (CD).

The average unrealized profit for Bitcoin investors has reached 17.7%, the highest level since June 2025, according to an analysis by CryptoQuant. Market analysts note that as the price of BTC rebounds, a growing number of investor holdings are entering profitable territory.

According to Coinglass, an estimated $1 billion in long positions on major cryptocurrency exchanges will be liquidated if the price of Bitcoin falls below $78,000. Conversely, if Bitcoin's price recovers to $80,458, $640 million in short positions will be liquidated.

Binance has announced a $13 million airdrop of WLFI tokens for users holding USD1 on its platform. The campaign is scheduled to run from May 15 to June 12.

A petition calling for the repeal of South Korea's virtual asset tax, posted to the National Assembly's electronic petition system on May 13, has garnered over 10,000 signatures. The petition currently has 11,850 signatures, which is 24% of the 50,000 needed for it to be referred to a parliamentary committee. The signing period is open until June 12. The petitioner argued that the current tax system requires a fundamental review, not just minor adjustments or a delay. The petitioner stressed that imposing taxes prematurely—without a sufficient institutional framework, investor protections, international equity, or consideration of market realities—would likely only burden the public and shrink the industry.

It is difficult to predict a bottom for Bitcoin (BTC) until the asset secures $85,000 as a support level, according to an analysis reported by The Daily Hodl. Crypto analyst Cheds Trading stated on his YouTube channel that while BTC appears to be breaking out from a W-shaped double bottom pattern during its rebound, resistance still remains. He argued that a bottom can only be confirmed if BTC surpasses $85,000 on a weekly closing basis. The analyst also presented a bearish view on Solana (SOL), describing its recent price action as a rebound to a resistance level within a downtrend. Furthermore, he projected that Ethereum (ETH) could experience a major correction if its $2,150 support level is breached.

The U.S. Commodity Futures Trading Commission (CFTC) has issued a comprehensive no-action letter exempting prediction market platforms from swap data reporting and record-keeping obligations, Unfolded reported. The measure applies to Designated Contract Market (DCM)-based platforms such as Kalshi and Polymarket, treating standardized, exchange-based prediction markets as more akin to futures products than swaps. Market observers view the decision as a move that will lower operating costs for these platforms and alleviate regulatory uncertainty. The development comes as the CFTC has reportedly been re-emphasizing its position that prediction markets are subject to federal regulation amid recent jurisdictional disputes with several state governments.

A U.S. court has requested supplemental briefs from Aave (AAVE) and the law firm Gerstein Harrow regarding the final ownership of $71 million in Ethereum (ETH) frozen after a Kelp DAO hack, Cointelegraph reported. Judge Margaret Garnett of the Southern District of New York noted that Aave had not sufficiently explained the potential for increased losses if the freeze is maintained. She requested additional materials on six issues, including the legal nature of the stolen assets and creditor priority. The deadline for both parties to submit their briefs is May 22, with a rehearing scheduled for June 5. On May 9, Judge Garnett had permitted the transfer of the funds from Arbitrum to an Aave wallet, but Aave is barred from using or distributing them until the court makes a final ruling. Gerstein Harrow represents creditors who were awarded an uncollected $877 million judgment in a lawsuit against North Korea for acts of terrorism. The firm is asserting a claim on the funds, alleging they are linked to the North Korean Lazarus Group.

U.S. President Donald Trump is considering pardoning up to 250 people to commemorate the 250th anniversary of American independence, The Wall Street Journal reported. An official announcement could come on June 14, Trump's birthday, or on Independence Day, July 4. The news has sparked speculation in the crypto industry about potential pardons for FTX founder Sam Bankman-Fried (SBF) and Samourai Wallet developer Keonne Rodriguez. Trump has previously pardoned the co-founders of BitMEX, Binance founder Changpeng Zhao (CZ), and Silk Road operator Ross Ulbricht.

Nasdaq-listed Nakamoto (NAKA), a company strategically accumulating Bitcoin, saw its first-quarter revenue increase by 500% from the previous quarter but still recorded a net loss of $238.8 million, Cointelegraph reported. The revenue surge was driven by the acquisition of BTC Inc, the operator of Bitcoin Magazine and the Bitcoin Conference, and investment platform UTXO Management in February. The net loss was largely composed of a $107.7 million accounting loss on pre-acquisition option contracts and a $102.5 million mark-to-market loss on its 5,058 BTC holdings. CEO David Bailey described the first quarter as a turning point, stating that the company will focus on business expansion, revenue diversification, and enhancing shareholder value through capital allocation for the remainder of the year. Nakamoto did not purchase additional BTC during the quarter and sold 284 BTC to cover operating expenses. The company's stock price is down more than 99.2% from its all-time high. Meanwhile, Nakamoto plans to completely divest its healthcare business by the end of the second quarter to concentrate on its Bitcoin-related ventures.