Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
Crypto
Anthropic Nears $1 Trillion Valuation, Topping OpenAI After Fresh $65 Billion Raise
Claude maker Anthropic said annualized revenue surpassed $47 billion as it expands cloud and compute partnerships.
SEC Commissioner Peirce defends crypto privacy tools against surveillance push
The leader of the regulator’s Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion.
Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure.
Trump claims he can ‘future proof’ crypto regulation with CLARITY Act
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with president, whose crypto ties are under scrutiny, weighing in on social media.
AI Agents Are Learning to Predict What Users Want—Before They Ask for It
Researchers in China built a model that uses an AI’s downtime to prepare for users’ next question before they ask it.
France’s AMF regulator sets June 30 deadline for MiCA licensing
The European Union’s Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework.
Sui Network Goes Down for Hours, Just Months After the Last Downtime
Blockchain network Sui is suffering another period of significant downtime barely five months after the last “network stall.”
Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Apple iOS 27 Leaks: Siri Is Being Remade to Be More Like ChatGPT
Rendered illustrations published ahead of WWDC 2026 reveal a dedicated Siri app, Dynamic Island integration, and a Google Gemini backbone—the biggest overhaul to the assistant in nearly 15 years.
Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war
In this week’s edition of The Protocol Newsletter, we’re diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Market Ban
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
Tether’s U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT’s market cap jumped above $140 million in April, though it remains well behind Circle’s USDC, PayPal’s PYUSD and Ripple’s RLUSD tokens.
Anthropic’s Claude Opus 4.8 Is Here: Better AI Coding, Smarter Safety—Same Huge Price
Anthropic’s latest flagship AI model Claude Opus 4.8 arrives with sharper reasoning, tighter alignment, and a price tag that hasn’t budged.
Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain traction
Bitwise says investor demand for Hyperliquid exposure is surging as new HYPE ETFs launch.
Anthropic’s Claude Mythos AI Model Nearing Release After Raising Cybersecurity Alarms
Anthropic signaled that broader access to its controversial Claude Mythos AI models may arrive “in the coming weeks” after limited testing.
Bitcoin Whales Are Pulling Back as Activity ‘Mirrors’ 2022 Bear Market: Analysts
Current Bitcoin whale activity is similar in nature to the last bear market in 2022 when BTC fell precipitously, according to on-chain data.
What the Clarity Act Means for the Rest of the World
The Senate’s crypto bill has supporters excited—and opponents concerned—about the bill’s potential reverberations beyond America’s borders.
Hyperliquid’s pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Trezor adds native USDt, USDC yield via Morpho integration
The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps.
French company abandons crypto treasury strategy, will liquidate Bitcoin holdings
In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.
P2P.org launches real-time data stream for Sui and Hyperliquid
P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid.
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full protection offered by U.S. regulators.
Toddlers learn by falling: Why DeFi’s $20 billion TVL drop is just a market stress-test
DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and USDC.
Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading Bets
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
Sui blockchain suffers another network outage as transactions grind to a halt
This is the second time this year that the Sui network has suffered an outage.
Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance
Analysts compared Ethereum’s current position to Amazon following the dot-com bubble burst.
Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news
U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
This AI Compressed ‘All Human Cooking’ Into 2 Megabytes
A London startup trained an AI on 4.1 million recipes across seven languages—and the whole thing is smaller than a song file.