Industry News

  • DHI CEO Says Bhutan Has No Recollection of Selling BTC Despite Balance Drop Flagged by Arkham16 May 2026 19:25While reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI) told the media the firm does not “recall” the last time the entity sold BTC. Arkham Tracks Bhutan BTC Falling From 13K, While Druk Holding and Investments Boss […]
  • Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss Deepens16 May 2026 18:10Multicoin Capital has moved all 286,057 of its remaining aave tokens, worth approximately $26.68 million, into Coinbase Prime, the clearest signal yet that the fund is exiting a position sitting on over $40 million in losses. How the Position Was Built Onchain data shows Multicoin Capital transferring its entire remaining Aave (AAVE) position of 286,057 […]
  • Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion16 May 2026 17:16Stablecoin inflowsThe stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector […]
  • Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance16 May 2026 16:20Bitcoin minersPublicly-listed bitcoin miners took a beating on Friday, May 15, 2026, with every major traded mining stock dropping between 2.52% and 9.59% in a single session, even as their year-to-date gains outpaced bitcoin’s own performance by a wide margin. Bitcoin Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains Bitcoin closed the week […]
  • Dogecoin Whale Bets $2.25M With 10x Leverage as Big Wallets Hoard Record 108B DOGE16 May 2026 15:34Dogecoin WalletsA newly created crypto wallet opened a $2.25 million, 10x leveraged long on dogecoin, betting on an upside move with a liquidation price at $0.10284, less than 10% below current spot price. High Stakes, Tight Margin A 10x leveraged position amplifies profits and losses by a factor of ten such that if DOGE rises 10%, […]
  • Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’16 May 2026 14:30Drake BTC Crypto Big-TimerRap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world’s most talked-about verse inside a single boastful cut called “Dust.” Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid […]
  • Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran16 May 2026 13:45Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp […]
  • Arthur Hayes Tells CME and ICE Off as HYPE Drops Nearly 9% After Lobbying Push16 May 2026 13:10Legacy exchange operators CME Group and ICE are reportedly lobbying U.S. authorities to force federal oversight onto Hyperliquid. The crypto community and the Hyperliquid Policy Center fiercely rejected the claims, arguing that public blockchain ledgers offer total transparency. Legacy Exchanges Raise National Security Alarms In what is shaping up to be a clash between traditional […]
  • Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push16 May 2026 11:30Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto PushHana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean banks are moving deeper into digital assets. Kakao Sells $670M Dunamu Stake to Hana Bank Hana Bank has agreed to acquire a significant stake in […]
  • MiCA Decoded: Thinking a CASP License Covers Payments, Perps or Futures is a Major Mistake16 May 2026 10:05MiCA Decoded: Thinking a CASP License Covers Payments, Perps or Futures is a Major MistakeMost founders pursuing a MiCA license assume they are solving their EU regulatory problem. They are solving part of it. The rest depends on which services they actually offer. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises […]