LATEST BY JONAH FIELDS
Markets
Bitcoin Defies Geopolitical Jitters, Holds $80K Amidst Trump's Iran Stance and Senate Hopes
Bitcoin demonstrated remarkable resilience, pushing past $80,000 even as former President Trump's strong remarks on an Iran peace proposal injected fresh geopolitical uncertainty.
DeFi
Aave Liquidates Kelp DAO Hacker's rsETH, Nears Full Bad Debt Recovery on Ethereum and Arbitrum
Aave has successfully liquidated a substantial portion of the Kelp DAO hacker's rsETH positions across Ethereum and Arbitrum, bringing the lending protocol close to fully recovering from the bad debt incurred during the exploit. This move underscores Aave's robust risk management and the resilience of its liquidation m
Regulation
Nobitex, Iran's Top Crypto Exchange, Founded by Family Tied to Supreme Leaders, Reuters Reports
A Reuters investigation reveals Nobitex, Iran's largest cryptocurrency exchange, was founded by brothers from the powerful Kharrazi family, with deep generational ties to the country's supreme leaders. The platform has reportedly processed transactions for sanctioned entities and facilitated state-backed efforts to byp
Markets
Stablecoins Eclipse Bitcoin in Latin American Crypto Purchases, Signaling 'Digital Dollarization'
A new report from Bitso reveals a significant shift in Latin American crypto adoption, with dollar-linked stablecoins now outstripping Bitcoin in purchase volume as users seek stability amidst local currency depreciation and inflation.
Infrastructure
Tether Deepens Bitcoin Mining Footprint with Major Canaan Hardware Order
Stablecoin issuer Tether is significantly expanding its Bitcoin mining operations, securing a new order from Canaan for advanced, immersion-cooled hardware. This move signals Tether's deepening commitment to vertically integrated, data center-style infrastructure, potentially reshaping the landscape of large-scale Bitc
Markets
Bitcoin ETFs Extend Inflow Streak, Signaling Deepening Investor Conviction
US spot Bitcoin ETFs have logged a nine-day inflow streak, accumulating over $2.1 billion, a clear sign of resilient investor conviction even as Bitcoin trades below its all-time high.
Markets
MicroStrategy's MSTR Outperforms Bitcoin: Is a Market Bottom Forming?
MicroStrategy's stock (MSTR) has significantly outpaced Bitcoin (BTC) over the past month, a historical indicator that often precedes a shift in market sentiment and a potential bottom for the leading cryptocurrency.
Regulation
Kraken Urges US Tax Overhaul for Crypto: De Minimis Exemption and Staking Relief
Crypto exchange Kraken is pushing for significant changes to US tax law, advocating for a de minimis exemption for small crypto transactions and an end to "phantom income" taxation on staking rewards, citing an overwhelming number of low-value tax forms filed in 2025.
Markets
ZachXBT Grills MemeCore on $6B Valuation and Concentrated Token Supply Amid Broader Market Manipulation Probe
On-chain investigator ZachXBT has publicly challenged MemeCore to justify its multi-billion dollar valuation and address claims of over 90% insider-held token supply, broadening his scrutiny following the collapse of the RAVE token.
Markets
Polymarket Odds Surge for Hormuz Strait Normalization, Bitcoin Reacts to Fragile Ceasefire
Prediction market traders on Polymarket are increasingly betting on the Strait of Hormuz returning to normal traffic by the end of May, with odds hitting 73% following a temporary ceasefire announcement. This geopolitical shift has already triggered a notable, albeit cautious, reaction in Bitcoin's price.
Markets
On-Chain Data Suggests Bitcoin Bull Run Call Remains Premature Amid Lagging Demand
Despite Bitcoin's recent price movements, on-chain analysis from Glassnode and Axel Adler Jr. indicates that new capital inflows are insufficient to confirm a sustained bull market, with active investors still largely underwater.
Regulation
South Korea Flags API Trading for 30% of Crypto Volume, Warns of Manipulation Crackdown
South Korea's Financial Supervisory Service (FSS) reports that API-based trading now constitutes 30% of the nation's crypto turnover, prompting a stern warning against automated manipulation tactics and signaling intensified regulatory scrutiny.
DeFi
Bitwise Advances Hyperliquid ETF Bid, Setting Ticker and Fee Ahead of Potential Launch
Bitwise Asset Management has filed a second amendment for its proposed spot Hyperliquid ETF, introducing the $BHYP ticker and a 0.67% management fee, signaling an imminent launch according to Bloomberg analysts.
Markets
Securitize Appoints Former SEC, Coinbase Executive Brett Redfearn as President Amid RWA Surge
Brett Redfearn, a veteran of both the SEC and Coinbase, has been named President of Securitize, a move that underscores the growing institutional interest and regulatory navigation required for real-world asset (RWA) tokenization.
Markets
Bitcoin Stalls Below $70K Despite Robust ETF Inflows: Unpacking the Market Pressures
Despite a significant $471 million in spot Bitcoin ETF inflows, BTC struggles to break past the $70,000 mark. Selling pressure from public miners, strategic treasury adjustments, and cautious options market sentiment are creating headwinds.