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Breaking News
  • [ May 29, 2026 ] Jamie Dimon: Banks Will Oppose the Current Version of the CLARITY Act, Criticizes Brian Armstrong Regulation
  • [ May 29, 2026 ] CFTC Approves First U.S. Regulated Bitcoin Perpetual Contract — A Watershed for Institutional Crypto Derivatives Fintech
  • [ May 29, 2026 ] ICE CEO Jeff Sprecher Calls Hyperliquid “Bigger Than Nasdaq” With 11 People — And That’s a Market Structure Wake-Up Call Market Analysis
  • [ May 29, 2026 ] Arca CIO Jeff Dorman Says MSTR Situation Has ‘Gotten Out of Hand’ Bitcoin
  • [ May 28, 2026 ] FalconX Confidentially Files for IPO With SEC, Targets Year-End Listing Fintech
Home2023May

Month: May 2023

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Fintech

Tether Reveals $1.5 Billion in Bitcoin Holdings as Reserves Hit Record $81.8 Billion

May 10, 2023 Gonzalo
Tether discloses $1.5 billion in Bitcoin reserves, $3.4 billion in gold, and record profits of $1.48 billion, strengthening its dominance in the stablecoin market.

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Bitcoin

Bitcoin on Exchanges Drops to 5.84%, Lowest Level Since 2017 Amid Rising Self-Custody Trend

May 10, 2023 Gonzalo
Bitcoin holdings on exchanges fall to their lowest level since 2017 as investors increasingly move funds to self-custody wallets after FTX’s downfall.

Illustration showing FTX creditors and recovery scenarios involving airdrops and asset distributions.
Regulation

IRS Files $44 Billion Claim in FTX Bankruptcy Case, Targeting Alameda Research for $20.4 Billion in Taxes

May 10, 2023 Gonzalo
The IRS is seeking $44 billion in taxes from bankrupt crypto exchange FTX, including $20.4 billion in unpaid partnership and income taxes owed by Alameda Research.

Bitcoin on-chain analytics illustration with Binance, Coinbase data flows, representing blockchain activity and on-chain metrics.
Altcoins

Arbitrum DAO to Receive $6.2 Million in ETH Revenue Distribution from Network Fees

May 10, 2023 Gonzalo
Arbitrum is distributing 3,352 ETH ($6.2 million) in network revenue to its DAO, allowing ARB token holders to claim rewards as part of its new governance mechanism.

Illustration depicting the rivalry between Pepe and Dogecoin, symbolizing competition for meme coin dominance.
Altcoins

PEPE vs. Dogecoin: The Battle for Memecoin Supremacy

May 10, 2023 Gonzalo
The rise of PEPE has reignited the memecoin craze, drawing comparisons to Dogecoin’s legendary run. As the frog-themed token surges, can it truly become the new king of memes?

Illustration showing Ethereum network upgrade visuals, symbolizing the Fusaka hard fork and protocol evolution.
Blockchain

Ethereum Validators Earn $46 Million in a Week Amid Rising Gas Fees

May 10, 2023 Gonzalo
Ethereum validators earned $46 million in the first week of May, a 40% increase from the previous week, as gas fees surged amid intense memecoin trading activity.

Illustration comparing Bitcoin’s network growth to early-stage Google adoption and exponential user expansion.
Bitcoin

Nearly One Million Bitcoin Addresses Now Hold a Full BTC

May 10, 2023 Gonzalo
The number of Bitcoin addresses holding at least one full BTC is nearing one million, reflecting growing accumulation as lower prices made the milestone more achievable.

Illustration showing a trader taking long positions on Bitcoin and Ethereum with rising charts.
Market Analysis

Ethereum Eyes Breakout as ETH/BTC Cross Forms Bullish Flag Pattern

May 10, 2023 Gonzalo
Ethereum’s bullish flag against Bitcoin signals possible upside. As the ETH/BTC cross consolidates near 0.066, a breakout above 0.07 could strengthen Ethereum’s position.

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Market Analysis

Bitcoin Struggles as U.S. Dollar Index Hits 20-Year Highs Amid Fed Tightening

May 10, 2023 Gonzalo
Bitcoin and other cryptocurrencies continue to decline as the U.S. dollar index reaches 20-year highs. Fed rate hikes and tightening liquidity push investors away from risk assets.

Image showing Grayscale filing applications for multiple crypto ETFs, highlighting institutional expansion and regulated investment products.
Regulation

Grayscale Files for Three New Crypto ETFs and Launches Grayscale Funds Trust

May 10, 2023 Gonzalo
Grayscale Investments announced three new crypto-focused ETFs and the creation of the Grayscale Funds Trust, expanding its product lineup despite ongoing tensions with the SEC.

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Crypto Radar

  • A futuristic digital illustration of Hyperliquid as an on-chain trading platform, showing a trading terminal connected to validators, vaults, HYPE-based infrastructure, and cross-chain market activity.
    ICE CEO Jeff Sprecher Calls Hyperliquid “Bigger Than Nasdaq” With 11 People — And That’s a Market Structure Wake-Up Call
    May 29, 2026
  • Illustration showing capital outflows from Bitcoin and Ethereum ETFs amid shifting investor sentiment.
    Bitcoin Spot ETFs See $193M Net Outflows on May 27 – SoSoValue Data
    May 28, 2026
  • A futuristic digital illustration of Hyperliquid as an on-chain trading platform, showing a trading terminal connected to validators, vaults, HYPE-based infrastructure, and cross-chain market activity.
    Grayscale Names Hyperliquid the Breakout Success Story of Modern Digital Assets
    May 28, 2026
  • Bitcoin shown near the Federal Reserve building with declining market charts, illustrating macro pressure and Bitcoin price weakness
    Why the GENIUS Act Quietly Repriced Bitcoin’s Monetary Premium
    May 27, 2026
  • Illustration visualizing rumors of Ethereum market manipulation and growing trader uncertainty.
    David Hoffman Sold His Last ETH as Bankless Co-Founder Declares End of Crypto Era
    May 25, 2026

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