June 29, 2026

Bitcoin

Bitcoin

Crypto Traders Liquidate $66M Shorts as Bitcoin Spikes Past $82,000 Level

Key Takeaways: Bitcoin climbed to $82,000 on May 6, gaining over $5,000 in value as geopolitical tensions eased. The rally pushed the total crypto economy past $2.8 trillion and sparked $54.6 million in liquidations. 10X Research notes that while bitcoin is up 7% this month, cautious investors await a macro catalyst. Bitcoin Momentum Builds On

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Bitcoin

Maya, Lydian Partner to Soon Enable ‘Pay with Crypto’ for Philippine Merchants

Financial technology company Maya and digital asset infrastructure provider Lydian announced a collaboration to enable digital asset payments for merchants in the Philippines. According to a joint statement, the initiative will integrate a “Pay with Crypto” option into existing consumer payment methods, including QR codes, payment links, and online checkouts. The rollout will focus on

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Bitcoin

Zcash Surges Past $600 as Traders Drive 40% Spike, Flipping Monero by Market Cap

Key Takeaways: ZEC surged 40% on May 6 to hit $600, briefly pushing its total market capitalization to $10 billion. Multicoin Capital built a major ZEC position, citing its seizure-resistant fit for the 2026 market. Analysts suggest ZEC could rally further to eclipse its 2025 peak of over $700 if momentum persists. Market Mechanics and

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Bitcoin

Coinbase Lays Off Hits Southeast Asia Growth Teams as Company Slashes 14% Workforce

Global cryptocurrency exchange Coinbase has reduced its workforce by approximately 14%, a restructuring effort that CEO Brian Armstrong stated is necessary to transition the company into a “lean, fast, and AI-native” operation. The layoffs, announced on May 5, 2026, have significantly impacted the Asia-Pacific (APAC) growth teams, particularly those responsible for expanding the Base ecosystem,

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Bitcoin

Strategy May Sell Bitcoin to Fund Dividends, Saylor Breaks From ‘Never Sell’ Stance

Key Takeaways: Saylor said Strategy may sell BTC to pay dividends in May 2026, reversing its ‘never sell’ stance. Strategy holds 818,334 BTC at a $75,537 average cost amid $1.5B in annual dividend obligations. MSTR fell over 4% after hours and bitcoin dipped below $81,000 following the Q1 earnings call. What Saylor Said The disclosure

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Bitcoin

Aave Challenges $71M Freeze, Seeking Fast Ruling to Restart Restitution for Users

Key Takeaways: Aave filed a May 4 motion to vacate a court order freezing $71 million in ETH recovered from a recent exploit. ZachXBT alleged the freeze involves fraudulent claims, impacting trust across the Arbitrum DAO ecosystem. Aave seeks an expedited hearing and demands that the plaintiffs post a $300 million bond to maintain the

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Bitcoin

Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says

Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout. ETF inflows reached $2.6 billion, while late outflows signaled weakening demand. Macro factors, including geopolitics and energy markets, will likely dictate price direction. Bitcoin Faces Resistance Below Critical Breakout Level Bitcoin’s upside remains conditional despite strengthening fundamentals, the May 4 market

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Bitcoin

Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries

Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s regulated international cash pickup network. Expansion plans include local bank deposits, cross-border flows, and additional money movement options. Kraken Moneygram Partnership Expands Crypto Cash Access Crypto exchange Kraken announced on May 5 a

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Bitcoin

Stake Launches Regulated Mexico Operation Five Weeks Before World Cup Kickoff

Key Takeaways: Stake went live in Mexico on May 4 under a SEGOB permit, operating as an agent under Uno Capali’s license agreement. Mexico becomes Stake’s fourth fully regulated LATAM market after Colombia, Brazil, and Peru. Launch lands five weeks before Mexico kicks off the FIFA World Cup against South Africa at Estadio Azteca. Operator

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Bitcoin

Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap

Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 million in short liquidations, pushing the crypto market cap to $2.77 trillion. While the Strait of Hormuz remains a concern, President Trump’s ceasefire is expected to stabilize oil. Geopolitical Influence After breaching $81,000

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