Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend. The move comes alongside strong daily RSI readings, a successful
Ask.com, originally founded as the Y2K stalwart Ask Jeeves, is officially dead. “As IAC continues to sharpen its focus, we have made the decision to discontinue our search business, which includes Ask.com. After 25 years of answering the world’s questions, Ask.com officially closed on May 1, 2026,” the homepage now reads. SEE ALSO: Friendster has
Key Takeaways: Stablecoins face disruption as OCC rules may expand yield limits to third-party partners. Consensys argues proposal misclassifies DeFi activity and independent distribution arrangements. Regulatory outcomes could determine whether stablecoin markets expand broadly or consolidate. OCC Stablecoin Rules Raise Distribution Concerns On May 1, 2026, Consensys Software Inc. sent a comment letter to the
Tether posted $1.04 billion in Q1 2026 net profit and a record Tether profit reserve buffer of $8.23 billion, backed primarily by $141 billion in US Treasuries, in a quarterly attestation published May 1 by accounting firm BDO, its most detailed financial disclosure to date. Summary Tether profit of $1.04 billion in Q1 represents a
Nakamoto, David Bailey’s BTC treasury company of treasury companies, declined 96% from its all-time high this morning. Source link
## Market Snapshot In the “Netanyahu Out” market, the probability of Benjamin Netanyahu leaving office by the end of June stands at 4.5% YES, down from 6% 24 hours ago. The “Next Israeli Prime Minister” market, currently inactive, could be influenced by recent developments. ## Key Takeaways – The convening of Israel’s security cabinet suggests
Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the exchange to continue full operations. The FIU fined Bithumb 36.8 billion won ($24.6M) for 6.65 million AML and KYC violations in March 2026. Upbit, Coinone, and Korbit face similar FIU sanctions, with Coinone’s first court hearing set for May 12. Court
A garlic-herb salmon with risotto was probably the best among the family meals I tried. The chopped asparagus was less than visually appealing when drizzled in garlic butter, but still tasty and a bit crisp. The salmon was tender and flaky. And the sweet pea risotto had no choice but to be delicious. There was
Two mega hacks alone wiped nearly $600 million, dominating April’s $650 million crypto loss. April 2026 turned out to be an unusual month for the crypto market. While overall activity remained steady on the surface against significant geopolitical turmoil, the space saw a series of exploits that shook investor confidence. The leading blockchain security
Donald Trump accused the New York Times of harming his $TRUMP memecoin in a $15B lawsuit, calling it a Democrat “mouthpiece.” Source link