Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%.Hut 8 attributed the loss to a reduction in the…

Key points:Bitcoin is expected to face selling at $84,000, but a shallow pullback increases the likelihood of an upside breakout.Several major altcoins are showing strength at lower levels, but the bears are expected to pose substantial challenges at the resistance…

Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400.Key takeaways:Accumulation addresses absorbed about $592 million in ETH on Wednesday, signalling aggressive long-term buying.Ether’s…

Morgan Stanley has rolled out a cryptocurrency trading pilot on its E*Trade platform, charging lower basic retail fees than some of the largest US crypto and brokerage platforms.The Wall Street bank is charging clients 50 basis points on the dollar…

OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has raised fresh capital to expand its yield infrastructure.The platform secured $17 million in its latest strategic funding round led by Mercury Fund and Notion…

Dangote Petroleum Refinery and Petrochemicals Limited has denied claims that it increased the gantry price of petrol, stating that the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, remains unchanged. In a statement issued on Wednesday, the…

Blockchain analytics platform Bubblemaps said 90 newly funded wallets bought 90% of Mystery (MYSTERY) memecoin supply at launch, raising concerns about coordinated sniping.The wallets were all funded by wallet “0x544E,” which previously withdrew and distributed 20 Ether from crypto exchange…

Bitcoin (BTC) buyers resumed their activity during the early Asian trading hours on Wednesday, pushing the price to a new multi-month high of $82,240.Onchain indicators, including the short-term holder (STH) cost basis, suggest that the BTC price can go higher,…

A new era of on-chain trading transparency. Atlas Live enables traders to analyze token concentration and spot potential rug pulls. Now in real time.Odense, Denmark, May 6, 2026 – InsightX, the on-chain safety and analytics platform, launches Atlas Live, the…

Colombia’s President Gustavo Petro said the nation’s Caribbean coast has the potential to become a Bitcoin mining hub, leveraging its surplus renewable energy to attract foreign investment and spur economic development.In a post on X on Tuesday, Petro said the…

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said that Nigeria will not return to fuel subsidies or introduce price controls, reaffirming the government’s commitment to market-driven reforms. Mr Oyedele stated this after a meeting…

The crypto-focused arm of venture capital firm Andreessen Horowitz has raised $2.2 billion for its fifth fund dedicated to backing crypto projects.In a blog post on Tuesday, a16z Crypto said its latest fund, Crypto Fund 5, would back founders “turning…

Investment group BG Wealth Sharing, a suspected $150 million crypto Ponzi scheme, has had its domain seized by law enforcement days after allegedly rug-pulling users.Onchain sleuth ZachXBT said on X on Tuesday that “illicit actors” connected to the group tried…

Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to N1,350 per litre. The latest adjustment, confirmed on Wednesday by a senior official of Dangote Refinery and pricing platform Petroleumprice.ng, represents a N75…

Crypto bank Anchorage is launching a new agentic banking service, seeking to give AI agents the ability to access and move money without human interference — an industry that could be worth a trillion dollars, according to its co-founder. In an…