- ZachXBT Flags Polyarb as Fake Prediction Market With an Active Wallet Drainer04 May 2026 11:30
Onchain investigator ZachXBT has warned that Polyarb, a site presenting itself as a prediction market platform, is running an active wallet drainer and is gaining reach through prominent crypto accounts replying to its posts. Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an active wallet drainer targeting crypto users. Prominent accounts replying […] - Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury04 May 2026 10:10
Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay, backed by a $20 billion bank commitment alongside a $519 million bitcoin treasury that CEO Ryan Cohen quietly built during fiscal 2025. Key Takeaways: Gamestop offered $55.5B for Ebay at $125/share, with TD Bank providing $20B in debt financing. The bid draws on Gamestop’s […] - Raoul Pal Backs Zcash as Bitcoin’s ‘Younger Sibling’ While ZEC Climbs 8%, Outpacing Altcoins04 May 2026 08:55
Zcash has surged past $400 for the first time since January, peaking at $424 on May 3. The rally marks a 100% rebound from its year-to-date low and puts it within striking distance of Monero. Key Takeaways: Zcash (ZEC) surged past $400 on May 3, marking its first climb to that level since early 2026. […] - Blackrock’s European Bitcoin ETP Surpasses $1.1 Billion in Assets With 14,200 BTC04 May 2026 07:45
Blackrock’s European iShares Bitcoin exchange-traded product has crossed $1.1 billion in assets under management just over a year after its launch, confirming that institutional demand for regulated bitcoin exposure has taken hold well beyond the U.S. market. Key Takeaways: Blackrock’s European IB1T ETP crossed $1.1 billion AUM with 14,200 BTC as of May 4, 2026. […] - $150 Million in Crypto Shorts Liquidated in 60 Minutes as Bitcoin Clears $80,00004 May 2026 06:52
Over $150 million in crypto short positions were wiped out in a single hour on May 4, 2026, as bitcoin’s breach of $80,000 triggered one of the sharpest short squeezes seen in recent months. Key Takeaways: $150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.8% […] - Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target04 May 2026 05:52
Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined […] - China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order04 May 2026 04:30
The blocking statute invoked by MOFCOM requires other companies conducting commercial activities in the country to disregard the sanctions imposed on five domestic refiners linked to Iranian oil transactions, because they constitute an improper extraterritorial application of foreign laws and measures. Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC […] - Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June04 May 2026 03:30
Kevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee (FOMC) meeting June 16-17, 2026, as futures and prediction markets put the odds of a rate hold above 93%. Key Takeaways: Kevin Warsh cleared a 13-11 Senate Banking Committee vote on April 29, […] - Coinbase Says Prediction Markets Are Maturing, CFTC Needs No New Mandate04 May 2026 02:30
Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public post. Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction […] - XRP Reaches 5M+ Merchants Through Rakuten Wallet Integration04 May 2026 01:30
Rakuten Wallet added XRP access to one of Japan’s largest consumer payment networks, a rollout highlighted by a Ripple manager on April 30. Users can convert Rakuten Points into XRP, trade in-app, and charge Rakuten Cash through Rakuten Wallet for spending via Rakuten Pay across more than 5 million merchant locations. Key Takeaways: Rakuten Wallet […]