Strategy Pauses Bitcoin Purchases Before Q1 Earnings
Strategy paused its weekly Bitcoin purchases ahead of Q1 earnings on May 5. Portfolio: 818,334 BTC. Analysts forecast a loss of $18.98 per share.
News - Page 25
New York AG Secures $5M From Uphold Over CredEarn Fraud
NY AG Letitia James secured a $5M settlement from Uphold for promoting CredEarn, a crypto savings product with false insurance claims and hidden risks.
Reuters Investigation: Nobitex Founders Tied to Iran Supreme Leader's Family
Reuters: Iran's largest crypto exchange Nobitex was founded by Kharrazi brothers linked to Supreme Leader Khamenei. US seized $500M in Iranian crypto.
Brazil Bans Stablecoins From Regulated Cross-Border Payment Rails
Brazil's central bank (BCB) issued Resolution No. 561, barring USDT and USDC from eFX cross-border settlements. What this means for the stablecoin market.
Bitcoin Mining Stocks Rise 85% in 2026 Despite BTC Lag
Bitcoin mining stocks posted gains of up to 85% in 2026 as TeraWulf, Riot and Hut 8 pivot to AI data centers, while BTC is roughly 20% below January levels.
CLARITY Act: US Senators Finalize Stablecoin Yield Rules
Section 404 of the CLARITY Act bans stablecoin yield for mere holding but allows rewards for real platform usage. Senate Banking markup expected May 11.
Riot Platforms Q1 2026: $167M Revenue, Data Center Pulls $33M
Riot Platforms reported $167M revenue in Q1 2026. Data center brought $33M. AMD doubled contracted capacity to 50 MW. Shares surged 7.3% on earnings release.
Ethereum Foundation Sells 10,000 ETH to BitMine in Third OTC Deal
Ethereum Foundation sold another 10,000 ETH to BitMine for $22.9M, its third OTC deal. Total: 25,000 ETH worth ~$57M sold in six weeks.
Tether Q1 2026: $1.04B Profit and Formal Audit Begins
Tether reported $1.04B net profit in Q1 2026, record $8.23B excess reserves, and launched its first formal audit. Here is how the business model works.