Site language
Ru En
Социальные сети

blockonomi.com Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures

TLDR: The Swiss Bitcoin Initiative fell short, collecting only 50,000 of the 100,000 signatures required for a referendum. The SNB rejected Bitcoin as a reserve asset, citing excessive price volatility and insufficient market liquidity. Bitcoin recorded losses of 7.5% in 2026, following a 6.4% decline in 2025, weakening the campaign’s core argument. Central banks remain [...] The post Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures appeared first on Blockonomi.

forklog.media Zcash to Introduce Quantum-Resistant Wallets

The Zcash team is set to unveil wallets with recovery mechanisms against quantum threats within a month. This announcement was made by Josh Swihart, founder and CEO of Zcash Open Development Lab, at the Consensus conference, as reported by CoinDesk.  According to him, the complete transition of the network to post-quantum standards will take 12-18 months. Separately, the project is working on scaling to Mastercard and Visa-level throughput within a similar timeframe. Swihart stated that Zcash aims to return the industry to the original idea of private peer-to-peer payments. He noted that Bitcoin functions well as a store of value and ETF instrument, but is "fundamentally broken" as a confidential settlement system due to its fully transparent ledger. Open balances allow governments and other participants to track users' assets and potentially apply seizure mechanisms or pressure, the expert emphasized.  Zcash Rally Over the past week, the price of ZEC has risen by more than 60%. On May 6, the asset's rate exceeded $585 for the first time since November 2025.  At the time of writing, the coin is trading around $571 (-0.1% for the day).  Hourly chart of ZEC/USDT on Binance. Source: TradingView.  A driving factor was a statement by Multicoin Capital co-founder Tushar Jain: since February, the fund has formed a "significant position" in Zcash.  An additional factor is the growth of ZEC's shielded supply. Currently, about 30% of coins in circulation are in the private pool — a historical maximum for the network.  According to Swihart, user demand is channeled through the mobile wallet Zodl (formerly Zashi). In October, it integrated an intent system from the NEAR protocol. This allowed for the direct exchange of Bitcoin, Solana, USDC, and other assets into shielded ZEC.  🛡️ The Zolana Bridge is live.Your Intent: $ZEC on Solana.Delivered: with NEAR Intents + OmniBridge powering Zcash’s $ZEC token on Solana. pic.twitter.com/cXBqgCXXTK— NEAR Protocol (@NEARProtocol) October 16, 2025 Since its launch, approximately $700 million has passed through this route — primarily between USD, USDC, and ZEC.  Accelerating Block Processing and New Bridges The Zcash community is actively discussing reducing block processing time from 75 to 25 seconds. This is expected to enhance the network's convenience for payments and expand possibilities for mass settlement scenarios. Cross-chain bridges for Zcash in Solana and Hyperliquid are already operational, noted Helius founder Mert Mumtaz.  Swihart announced a voting mechanism for ZEC holders via Zodl. This tool will not replace formal governance but will create an additional feedback channel within the “rough consensus” model. Back in December 2025, Barry Silbert, founder and CEO of Digital Currency Group, predicted a shift in focus from Bitcoin towards Zcash. 

blockonomi.com Bitcoin Open Interest Surges to 2026 Record, Blowing Past Every 2025 ATH Session

TLDR: Bitcoin Open Interest has posted its largest increase of 2026, now exceeding levels recorded during the 2025 ATH formation. Binance leads derivatives market share at 34%, with a monthly average Open Interest of $2.5 billion recorded on May 5. Gate.io and Bybit follow with $1.75B and $1.15B respectively, showing broad capital return across major [...] The post Bitcoin Open Interest Surges to 2026 Record, Blowing Past Every 2025 ATH Session appeared first on Blockonomi.

blockonomi.com XRP Derivatives Activity Stays Near October 2024 Lows as Binance Volume Weakens

TLDR: XRP perpetual trading volume on Binance remains close to historically weak October 2024 levels. Binance XRP derivatives data shows traders are avoiding aggressive leveraged market positioning. Glassnode reported XRP daily new addresses dropped nearly 85% since December 2024 highs. XRP network activity and derivatives participation both reflect weaker speculative market demand. XRP derivatives activity [...] The post XRP Derivatives Activity Stays Near October 2024 Lows as Binance Volume Weakens appeared first on Blockonomi.

bitcoinist.com JPMorgan: Saylor’s Strategy Could Buy $30 Billion In Bitcoin This Year

Michael Saylor’s Strategy could buy roughly $30 billion worth of bitcoin this year if its current acquisition pace holds, according to JPMorgan analysts, marking a potential acceleration beyond the company’s already aggressive treasury playbook. The estimate comes after Strategy added 145,834 BTC so far this year, worth around $11 billion, with JPMorgan noting that much […]

forklog.media Kalshi Secures $1 Billion at a $22 Billion Valuation

The prediction platform Kalshi completed a Series F funding round, raising $1 billion. The project's valuation has increased to $22 billion. The leading investor was Coatue. Other participants included Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. This marks Kalshi's third closed round in the past seven months. The company plans to use the funds to work with institutional clients such as hedge funds, asset managers, and insurance companies. Kalshi also intends to develop block trading tools, risk management products, and broker integration. According to the company, institutional trading volume has increased by 800% over the past six months. The platform's annual turnover rose from $52 billion to $178 billion. Kalshi holds over 90% of the prediction market in the United States. The project's head, Tarek Mansour, compared the industry's growth rate to that of the AI sector. He believes the segment could reach a trillion dollars. In March, the combined trading volume amounted to $25.7 billion. The main drivers were bets on sporting events and crypto assets. The total turnover of Kalshi and Polymarket (the platform's main competitor) has exceeded $150 billion since their inception. At the time of writing, the former holds 57.4% of the market, while the latter holds 30.1%. Source: Dune. In terms of nominal turnover, Polymarket leads with $82.59 billion compared to Kalshi's $75.9 billion. Source: Dune Polymarket is in talks to raise $400 million. If successful, the company will be valued at $15 billion. In April, Bernstein analysts predicted that prediction platforms could grow to $1 trillion.

blockonomi.com Tokenization in Financial Markets: Fed Governor Weighs Opportunities Against Systemic Risks

TLDR: Fed Governor Cook supports fractional ownership tokens as a tool for expanding capital market access in emerging economies. U.S. tokenized assets surpassed $25 billion, more than doubling in market capitalization within a single year. Smart contracts can automate margin calls and collateral substitutions, reducing manual steps and operational costs. Around-the-clock blockchain trading could accelerate [...] The post Tokenization in Financial Markets: Fed Governor Weighs Opportunities Against Systemic Risks appeared first on Blockonomi.

blockonomi.com Forex and Crypto Trends to Watch in 2026

FX and Crypto Markets in 2026: Current Landscape Global markets in 2026 feel more fragmented than unified. Macro risks and geopolitics still dominate, but they don’t hit every asset the same way. FX remains the centre of global liquidity, while crypto is slowly becoming part of institutional portfolios. According to the Bank for International Settlements, [...] The post Forex and Crypto Trends to Watch in 2026 appeared first on Blockonomi.

blockonomi.com Re Protocol Drops LayerZero for Chainlink CCIP as Exclusive Cross-Chain Bridge for reUSD

TLDR: Re Protocol migrates from LayerZero to Chainlink CCIP after an internal cross-chain security evaluation. reUSD, with a $160M+ market cap, will use CCIP exclusively for secure multi-chain token distribution. Each CCIP bridge lane is secured by 16 independent node operators, adding redundant transaction validation. CCIP’s SOC 2 Type 2 attestation gives reUSD transfers institutional-grade [...] The post Re Protocol Drops LayerZero for Chainlink CCIP as Exclusive Cross-Chain Bridge for reUSD appeared first on Blockonomi.

news.bitcoin.com Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law

Iowa now requires crypto ATM operators to obtain money transmission licenses and comply with expanded state reporting and oversight requirements. The law also broadens enforcement authority, including penalties of up to $100,000 for violating injunctions tied to digital financial asset kiosk enforcement actions. Iowa Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna […]

blockonomi.com Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures

TLDR: The Swiss Bitcoin Initiative fell short, collecting only 50,000 of the 100,000 signatures required for a referendum. The SNB rejected Bitcoin as a reserve asset, citing excessive price volatility and insufficient market liquidity. Bitcoin recorded losses of 7.5% in 2026, following a 6.4% decline in 2025, weakening the campaign’s core argument. Central banks remain [...] The post Swiss Bitcoin Reserve Campaign Collapses After Falling Short of Required Signatures appeared first on Blockonomi.

blockonomi.com ECB’s Lagarde Warns Europe Against Rushing Into Euro-Denominated Stablecoins

TLDR: Nearly 98% of stablecoins are dollar-denominated, leaving the euro with minimal global digital presence. USD Coin fell to $0.877 after SVB’s collapse, showing stablecoins can break their one-dollar peg. Eurosystem’s Pontes project will settle DLT transactions in central bank money from September 2026. Lagarde says deeper EU capital markets, not stablecoins, are the key [...] The post ECB’s Lagarde Warns Europe Against Rushing Into Euro-Denominated Stablecoins appeared first on Blockonomi.

forklog.media Coinbase posts $394m quarterly loss

The cryptocurrency exchange Coinbase ended the first quarter of 2026 with a net loss of $394.1m.  Our Q1 2026 financial results are live.The summary? Everything is moving onchain. pic.twitter.com/kNzrqc9mku— Coinbase 🛡️ (@coinbase) May 7, 2026 A year earlier, it made a $66m profit for the same period.  The main driver was a market correction: the firm’s investment crypto portfolio fell by $482m. Losses have now been recorded for a second straight quarter: in the previous reporting period the figure was $667m. Coinbase’s revenue fell 31% year on year to $1.41bn. Transaction fees brought in $756m (-40%), while subscriptions and services generated $584m (-14%). The exchange’s share of the global crypto market stood at 8.6%, and adjusted EBITDA declined from $930m to $303m.  After the release, COIN shares fell 2.5% in after-hours trading to $192. Source: Yahoo Finance.  Analysts at Bernstein maintained a positive outlook on the shares with a $330 target. They argue the market underestimates Coinbase’s growth catalysts, including progress on the CLARITY Act. The experts noted that the “everything exchange” strategy is starting to show results. Reducing reliance on spot trading  Brian Armstrong, Coinbase’s chief executive, said the company is shifting from a spot crypto exchange to a broader trading and infrastructure platform. There’s a generational shift happening, and Coinbase is uniquely positioned to capture it:1) The onchain economy has reached escape velocity2) Coinbase's full stack platform is powering it3) The next frontier is agentic and on CoinbaseOur thesis is simple: crypto is the… pic.twitter.com/5iJY8aeCfe— Brian Armstrong (@brian_armstrong) May 7, 2026 The platform plans to expand trading across multiple asset classes, including commodities, futures and event contracts on prediction markets. In March, Coinbase launched trading in regulated derivatives for Advanced platform users in 26 European countries. “Our thesis is simple: cryptocurrency is the best form of money, and the infrastructure will rebuild the existing financial system. If it concerns money, it will concern cryptocurrency,” Armstrong said.  He argues that building institutional revenue streams should reduce the exchange’s dependence on retail volumes, which historically track the prices of digital assets. One growth area remains stablecoins. Revenue from this segment rose 11% to $305m. Armstrong also pointed to results from Coinbase-affiliated L2 network Base: stablecoin transaction volumes increased tenfold in the quarter.  He also highlighted prospects for AI payments. The exchange supports the x402 protocol, which enables digital agents to settle online using USDC.  Coinbase also participates in developing Amazon Bedrock AgentCore Payments — a toolkit for autonomous payments by AI assistants. Terms of the Circle deal On the Q1 earnings call, Coinbase CFO Alesia Haas also commented on the company’s USDC agreement with Circle. Onchain is the new standard.The world is moving into crypto, and Coinbase is at the heart of it.Going live for our Q1 earnings call to share more.https://t.co/QtAzD7iLgY— Coinbase 🛡️ (@coinbase) May 7, 2026 She said the contract is automatically renewed every three years in perpetuity and cannot be terminated.  Coinbase’s chief legal officer, Paul Grewal, added that the current terms of the agreement with Circle are already set and will be renewed automatically. The exchange expects to continue the partnership on the same basis. Under the partnership, Circle is to share nearly half of USDC profits with Coinbase. That makes the stablecoin line one of the exchange’s main sources of steady income—especially as spot trading’s share declines. Hours-long outage  On May 7, Coinbase suffered an outage that left some users facing delays in sending and receiving assets. On May 7th Coinbase experienced service disruptions. Here’s a quick summary of what happened:→ Around 8PM ET, Coinbase systems flagged high error rates across multiple services.→ We traced these errors to amazon failures in Availability Zone (use1-az4) in the AWS US-EAST-1…— Coinbase Support (@CoinbaseSupport) May 8, 2026 At first the exchange reported “degraded performance”, later citing elevated temperatures in one AWS data centre as the cause. Trading on the platform was unavailable for six hours. The incident affected transfers on the Aleo and Solana networks.  At the same time, Revolut experienced issues. Users received notifications showing bitcoin’s price dropping to $0.2. Pricing display errors affected charts of altcoins, including XRP and Solana.  According to Revolut, The price of Bitcoin has just dropped to $0.02 I guess its time to buy! 😂 pic.twitter.com/YIbwBGrkeT— That Martini Guy ₿ (@MartiniGuyYT) May 8, 2026 On May 5, Coinbase announced cuts of about 14% of its staff. Armstrong said the move was needed to optimise costs and adopt artificial intelligence more aggressively in workflows.

bitcoinist.com Bitcoin Rallies, But Traders Still Realizing $479M In Losses Daily

On-chain data shows the Bitcoin Realized Loss indicator has remained elevated even after the latest surge in the cryptocurrency’s price. Bitcoin Realized Loss Has Stood At $479M Per Day Recently In its latest weekly report, on-chain analytics firm Glassnode has discussed the latest trend in the Realized Loss for the Bitcoin network. The “Realized Loss” […]

cryptopotato.com Crypto Price Analysis May-08: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Unfortunately, Ethereum was rejected at the $2,400 resistance this week. Bulls did not manage to break this key level, and now the price appears to be curving down towards the support at $2,000. While the price is in the […]

blockonomi.com Hyperliquid Strategies Inc. (PURR) Stock: Shares Decline Despite Expanding HYPE Holdings and Rising Staking Income

Hyperliquid Strategies (PURR) stock drops 5.35% as company expands HYPE treasury to 20M tokens, reports growing staking revenue, and posts $165.4M loss. The post Hyperliquid Strategies Inc. (PURR) Stock: Shares Decline Despite Expanding HYPE Holdings and Rising Staking Income appeared first on Blockonomi.

forklog.media Bitcoin Tests Support at $80,000 Amid Geopolitical Tensions

The price of the leading cryptocurrency fell below $80,000 amid US strikes on targets in Iran. These events briefly pushed oil prices above $100 per barrel. Hourly chart of BTC/USTD on Binance. Source: TradingView. At the time of writing, digital gold is trading at $80,131, down 0.8% over the past 24 hours. The price movement triggered liquidations in the futures market, with traders losing over $289.68 million. Source: CoinGlass. The Fear and Greed Index dropped to 38 points, indicating a shift to bearish market sentiment. Source: Alternative. A Complex Picture Unrealized profits for bitcoin traders reached 18%, the highest since June 2025, according to CryptoQuant analysts. Bitcoin traders are sitting on their highest unrealized profits since June 2025.Historically, these levels increase correction risk as traders become more incentivized to lock in gains.Profit-taking pressure tends to accelerate as unrealized margins rise. pic.twitter.com/Ami5ZjOwSv— CryptoQuant.com (@cryptoquant_com) May 7, 2026 Since early April, the price of the leading cryptocurrency has risen by 37%, reaching a three-month high. Experts attributed the surge to a recovery from undervaluation, increased demand for perpetual futures, and reduced macroeconomic pressure. The price rise triggered a wave of profit-taking. On May 4, the daily realized profit volume reached 14,600 BTC, the highest in five months. For the first time since late 2025, investors achieved a net profit over 30 days. In comparison, net market losses reached 398,000 BTC in February and March 2026. Historically high levels of unrealized profits precede corrections, as such values increase selling pressure. However, analysts currently see no signs of an imminent crash. Demand for futures remains stable, and the inflow of coins to exchanges is not increasing. These factors may support the bitcoin price in the short term, even amid active selling. Funds Favour Bitcoin On-chain analyst MorenoDV observed a capital inflow into bitcoin funds amid outflows from Ethereum-based products. Since early February, balances of these instruments have grown from 1.278 million BTC to 1.37 million BTC, a net inflow of over 92,000 BTC (7.2%). BTC Accumulation Accelerates While ETH Struggles to Regain Institutional Conviction“But while Bitcoin appears to have regained institutional confidence relatively quickly, Ethereum still shows signs of hesitation.” – By @MorenoDV_ pic.twitter.com/o1OtAZFLlA— CryptoQuant.com (@cryptoquant_com) May 8, 2026 During the same period, the volume of Ethereum held by funds decreased from 5.93 million ETH to 5.8 million ETH, a reduction of 127,000 ETH (2.1%). According to the analyst, prices began to recover after holdings in investment products stabilized. MorenoDV believes that the capital of large players not only reacts to the market but also shapes its structure. The difference in investor behavior reflects varying perceptions of assets. Bitcoin has strengthened its status as a "reserve" instrument due to high liquidity and the success of spot ETFs. Ethereum is still considered a riskier asset by funds: in times of uncertainty, managers reduce its share first, preferring bitcoin. A Signal for Growth Bitcoin investors have returned to profitability after a prolonged period of losses, noted analyst Darkfost. On a weekly 7 DMA basis, the profit/loss ratio has now moved back into positive territory, currently estimated at 2.9.This means that realized profits on BTC are now more than twice as large as realized losses.That had not been the case since January, as losses had largely… pic.twitter.com/K804wjGHyN— Darkfost (@Darkfost_Coc) May 8, 2026 The seven-day moving average Profit/Loss ratio rose to 2.9, with realized bitcoin profits more than double the losses. This situation had not been observed since January of this year. Darkfost views the trend as moderate but constructive: the return of profits restores investor confidence and leads to market stabilization. A healthy balance is one where profit-taking does not reach extreme levels. The analyst warned that if the Profit/Loss ratio exceeds 20, the market will not be able to absorb such a volume of sales, leading to a phase of coin distribution and a price drop. Current values are seen by Darkfost as a positive signal for growth. In May, analysts at JPMorgan reported a capital shift from gold to bitcoin following the escalation of the Middle East conflict.

news.bitcoin.com Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off

A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment. Large Exchange Inflow Signals Potential Sell-off A wallet identified by Lookonchain as being tied to Metalpha, a Hong Kong-based crypto asset management firm, transferred […]

bitcoinist.com Ripple IPO Could Bring ‘Something Special’ For XRP Holders, CEO Suggests

Ripple CEO Brad Garlinghouse suggested that XRP holders could potentially receive “something special” if Ripple eventually goes public, while stressing that any such move is not an immediate priority for the company. Speaking with Eleanor Terrett on the Crypto In America podcast at XRP Las Vegas, Garlinghouse addressed one of the more sensitive questions inside […]

blockmanity.com Decoding the Pi Network Debate: Psychology of Early Crypto Adopters in Web3

Decoding the Debate: Psychology of Early Crypto Adopters in Web3 In the wild world of crypto, stories spread like wildfire. A simple social media post has lit up debates about how people react to new projects. It uses as an […] The post Decoding the Pi Network Debate: Psychology of Early Crypto Adopters in Web3 appeared first on Blockmanity.

bitcoinist.com Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why

Decentralized exchange Hyperliquid delivered $215 million in gross revenue during Q1 2026 — crypto’s worst quarter since the 2018 ICO crash — outperformed Bitcoin by 71.5 percentage points, and on one February night, became the de facto global price discovery venue for crude oil while every legacy commodity exchange was closed. Related Reading: Coinbase Posts […]

news.bitcoin.com Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH

A mysterious crypto whale with alleged ties to industry veteran Erik Voorhees has added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The […]