NFT & Web3Magic Eden Shuts Down Wallet, Exits Bitcoin - Bets on Solana and iGaming
Magic Eden switched its wallet to export-only mode and shut down Bitcoin and EVM marketplaces. The company pivots to Solana and the Dicey crypto casino.
Exchange — News - Page 8
NFT & Web3
RegulationKuCoin Permanently Banned from US - $303M in Penalties
A US court approved a CFTC order permanently banning KuCoin from serving American customers. Total penalties reached $303 million.
MarketsBitcoin Fell 23% in Q1 2026 - Worst Quarter Since 2018
Bitcoin lost 23% in Q1 2026, its worst quarter since 2018. ETFs attracted $18.7B despite the drop. Ethereum fell 32%. Full Q1 recap.
AltcoinsOver 40% of altcoins near all-time lows
Over 40% of altcoins are trading near all-time lows. Market cap fell from $1.19T to $719B - the worst reading in the current cycle, exceeding even FTX.
InstitutionalStrategy Monopolizes Corporate Bitcoin - 98% of Purchases
Strategy bought 45,000 BTC in one month while all other companies combined purchased just 1,000. Rivals retreat as corporate treasury demand collapses.
AltcoinsChiliz Surges 46% Ahead of FIFA World Cup 2026
Chiliz (CHZ) surged 46% in 30 days ahead of FIFA World Cup 2026. New roadmap: buybacks, omnichain fan tokens, and national team launches.
EthereumEthereum Risks Losing #2 Spot
Polymarket shows 57% probability that Ethereum will lose its #2 market cap position in 2026. ETF outflows, stablecoin growth and Solana pressure ETH.
RegulationECB: DeFi Protocols Too Centralized for MiCA
ECB studied governance of Aave, Uniswap, MakerDAO, and Ampleforth. Top 100 addresses control 80%+ of tokens - protocols may lose MiCA exemption.
EthereumEthereum Whales Buy 757K ETH Worth $765M
Large Ethereum investors accumulated 756,950 ETH in 48 hours while small holders sell en masse. On-chain data analysis and market outlook.