Strategy Resumes Bitcoin Acquisitions with $43M BTC Buy

Strategy bought 535 Bitcoin for $43 million last week, resuming its accumulation strategy days after its chairman, Michael Saylor, said the company may sell some of its holdings to fund dividend payments. The world’s largest corporate Bitcoin holder acquired the Bitcoin (BTC) between May 4 and May 10 at an average price of $80,340 per…

Sui Surges 50% on Institutional Interest and Stablecoin Push

Sui network’s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token’s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions.  SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, according to CoinGecko. Over the…

Crypto.com Secures UAE License for Government Crypto Payments

[Update (May 11, 2026, at 13:17 UTC): This article has been updated to include responses from Mohammed Al Hakim, president and general manager for the UAE at Crypto.com.] Crypto.com has received a Stored Value Facilities license from the Central Bank of the United Arab Emirates, allowing residents to pay Dubai government fees using cryptocurrencies via…

Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily

This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,002.49 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares…

Bitcoin Risks 30% Drop as Multi-Month Resistance Caps BTC Price Again

Bitcoin (BTC) has climbed roughly 40% from its February lows, bringing the price back to a critical resistance zone that could determine whether the bear market continues or finally ends. Key takeaways: Bitcoin fell 2.25% to around $80,500 after failing once again to break above its 200-day EMA resistance. Previous rejections from the same technical…

Whitehat Returns $190K to Renegade After Hacking Them

The team behind the Renegade.fi protocol said a whitehat hacker returned about $190,000 after exploiting one of its Arbitrum-based decentralized dark pools and later complying with instructions in an onchain message to return 90% of the funds. Renegade confirmed the return of funds on Sunday after blockchain analytics platform Blockaid flagged the $209,000 exploit at…

Jordi Visser Buys Ethereum to Bet on AI Agent Payments

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments. “I don’t think enough people are talking about tokenization and what’s happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and…

BoE’s Bailey sees a Potential ‘Wrestle’ With US Over Stablecoins

Bank of England Governor Andrew Bailey said international regulators will have to “wrestle” with the US over global rules for stablecoins, which are largely denominated in and backed by US dollars. “If ​we want stablecoins to be part of the architecture of payments globally […] they’re ‌only ⁠going to work if we have international standards,”…

Bitcoin Price May Dip Toward $70K as Fed Estimates Hotter CPI Print

Bitcoin (BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000. Key takeaways: Cleveland Federal Reserve nowcast projects April headline CPI to rise to 3.56% year over year. BTC’s rising wedge pattern could trigger a decline…

Policy at Consensus Miami: State of Crypto

White House adviser Patrick Witt said it’s possible the Clarity Act becomes law by July 4 while Senator Kirsten Gillibrand pushed for an ethics provision in the market structure bill. Consensus Miami 2026 wrapped up with a fiery debate on the role of prediction markets, and a lot otherwise happened at our first conference in…