Cryptocurrency 6 May 2026 - 24 May 2026

Coinbase Layoffs: 700 Jobs Cut as Brian Armstrong Bets on AI in Crypto Slowdown
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Coinbase Dips Ahead of Holiday; Catalyst Could Hit Soon

Coinbase Global shares fell 4.4% Friday to $184.99, ending the week down 5.3% as the SEC delayed a plan to allow trading of tokenized stocks. The drop came despite Wall Street gains, with crypto-linked stocks lagging as bitcoin and ether prices remained volatile. Coinbase recently reported a $394.1 million quarterly loss and announced 700 job cuts. U.S. markets will be closed Monday for Memorial Day.
May 24, 2026
ABTS Stock Still Trading Under $1, But Traders Are Watching This Small Bitcoin Miner
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ABTS Stock Still Trading Under $1, But Traders Are Watching This Small Bitcoin Miner

Abits Group Inc. shares traded at $0.8602, up 0.93% Friday, but stayed near a 52-week low as light volume preceded the Memorial Day weekend. The bitcoin miner reported 2025 revenue of $9.13 million and a $2.87 million after-tax loss. Year-end cash fell to $83,837, while digital assets rose to $1.48 million. The stock remains below $1, raising continued Nasdaq listing concerns.
May 22, 2026
1RT Acquisition Holds at $10.22 with Crypto-SPAC Deadline Near
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1RT Acquisition Holds at $10.22 with Crypto-SPAC Deadline Near

1RT Acquisition Corp.’s Class A shares traded at $10.22 Friday, about six cents below their $10.28 redemption value, with a market cap near $220 million and low volume. The SPAC reported $177.4 million in trust and “substantial doubt” about its ability to continue as a going concern. Investors await a merger target in digital assets, while competing crypto IPOs draw attention. Markets will close Monday for Memorial Day.
May 22, 2026
AIXC Stock Pops 7% as AIxCrypto’s Crypto-AI Bet Gets a Fresh Market Look
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AIXC Stock Pops 7% as AIxCrypto’s Crypto-AI Bet Gets a Fresh Market Look

AIxCrypto Holdings shares jumped nearly 7% Thursday, closing at $1.38 on double their average volume. The pre-revenue company reported a first-quarter net loss of $6.1 million and a $13.1 million drop in cash, mainly from a $10 million investment tied to Faraday Future. AIxCrypto’s tokenization plan uses Faraday Future stock as a test asset. Faraday Future shares also rose 6.4%.
May 22, 2026
SBFG Stock Moves Up With Regional Bank Sector
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SBFG Stock Moves Up With Regional Bank Sector

MARA shares rose about 7% to $13.315 in Wednesday morning trading as bitcoin hovered near $77,357. Morgan Stanley cut its price target on MARA to $7 and kept an underweight rating, prompting a rebuttal from MARA’s investor-relations chief over AI data-center plans. Riot Platforms, Cipher Digital, and TeraWulf also gained. Over 18 million MARA shares changed hands by late morning.
May 20, 2026
Bitcoin Depot bankruptcy puts 9,000 crypto ATMs offline as fraud expenses hit
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Bitcoin Depot bankruptcy puts 9,000 crypto ATMs offline as fraud expenses hit

Bitcoin Depot Inc. filed for bankruptcy and shut down its bitcoin ATM network, citing a 49% drop in first-quarter revenue and an $80.7 million decline from a year earlier. The company reported an $9.5 million net loss and warned of “substantial doubt” about its future. Shares last traded at 56.3 cents, valuing the company at $38 million. U.S. authorities have linked crypto ATMs to rising fraud and regulatory scrutiny.
May 20, 2026
Bitcoin drop knocks out $500 million in bullish crypto bets as inflation fears weigh on markets
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Bitcoin drop knocks out $500 million in bullish crypto bets as inflation fears weigh on markets

Bitcoin dropped below $78,000 Saturday, triggering over $581 million in crypto liquidations as leveraged bets unwound, according to CoinGlass. Solana, XRP, and Ether also fell, with Solana down 5% and Ether near $2,189. The selloff followed rising Treasury yields and oil prices, despite a Senate panel advancing a crypto regulation bill. The largest single liquidation was a $21.6 million BTCUSDT order on Bitget.
May 16, 2026
Bitcoin ATM Ban Wave Hits Spokane Valley After Scam Losses, Minnesota Crackdown Widens
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Bitcoin ATM Ban Wave Hits Spokane Valley After Scam Losses, Minnesota Crackdown Widens

Spokane Valley’s city council has unanimously banned virtual currency kiosks, giving businesses 30 days to remove them or face $250 fines and possible loss of licenses. Police linked the machines to fraud and a suicide case. The move follows Minnesota’s statewide ban, set to take effect August 1, 2026. National fraud losses tied to cryptocurrency complaints exceeded $11 billion in 2025, FBI data show.
May 12, 2026
Binance Says AI Blocked $10.5 Billion in Crypto Fraud as Scams Go Industrial
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Binance Says AI Blocked $10.5 Billion in Crypto Fraud as Scams Go Industrial

Binance said its AI systems blocked $10.53 billion in potential crypto fraud and protected 5.4 million users from Q1 2025 to Q1 2026. Chainalysis estimated crypto scams stole $17 billion in 2025, with AI-enabled scams 4.5 times more profitable than others. KuCoin warned users about deepfakes and investment cons. The figures are company-reported and unaudited, according to Intellectia.
May 11, 2026
Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up
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Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up

U.S. spot XRP ETFs saw $6.04 million in net inflows on May 8, bringing total inflows to $1.325 billion since launch. Canary Capital’s XRPC was the only fund with net inflow that day, now totaling $438 million historically. XRP traded near $1.50, up 5.76% over 24 hours, with a market value of about $92.9 billion. Ondo Finance completed a cross-border tokenized U.S. Treasuries redemption using the XRP Ledger.
May 10, 2026
Bitcoin Price Holds $80,000 As Tom Lee Says Rare Signal Points To Crypto Bull Market
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Bitcoin Price Holds $80,000 As Tom Lee Says Rare Signal Points To Crypto Bull Market

Bitcoin traded near $80,134 Thursday, down 1.6% after hitting $81,670, as spot bitcoin ETFs drew $1.68 billion in inflows from May 1–6, Farside data showed. Fundstrat’s Tom Lee told MarketWatch institutional buyers are returning, while John Bollinger said his trend model turned positive. Ether traded at $2,301.31, down 2%. Lee’s Bitmine may slow Ethereum purchases, he said at Consensus Miami.
May 7, 2026
Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream
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Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream

Binance will host a four-hour “Binance Online” event on May 13, featuring co-CEOs Yi He and Richard Teng, founder Changpeng Zhao, and executives from BlackRock, Ripple, and Solana. The program starts at 11:00 UTC on Binance Square. The event highlights Binance’s shift toward institutional finance, AI, and tokenization, and will offer $10,000 in crypto rewards to participants.
May 7, 2026
Kraken MoneyGram Partnership Opens Crypto-to-Cash Withdrawals in 100+ Countries as IPO Push Builds
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Kraken MoneyGram Partnership Opens Crypto-to-Cash Withdrawals in 100+ Countries as IPO Push Builds

Kraken and MoneyGram announced a global partnership allowing Kraken users to convert cryptocurrency to cash at MoneyGram locations in over 100 countries. The phased rollout will begin in the U.S., Europe, Latin America, Africa, and Asia Pacific. Kraken will manage onboarding and compliance; MoneyGram will handle money transmission. The move comes as U.S. lawmakers debate stablecoin rules under the CLARITY Act.
May 7, 2026
XRP Price Holds $1.42 as Ripple-JPMorgan Treasury Pilot Puts $1.50 in Play
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XRP Price Holds $1.42 as Ripple-JPMorgan Treasury Pilot Puts $1.50 in Play

XRP hovered near $1.42 Wednesday, up 0.44% in 24 hours, as traders watched for a breakout and reacted to Ondo Finance’s cross-border Treasury settlement using the XRP Ledger. Daily trading volume reached $3.02 billion, with resistance at $1.42–$1.45 and support around $1.35. A move above $1.42 could target $1.47–$1.50, while a drop below $1.40 risks $1.34–$1.37.
May 6, 2026
Cathie Wood’s $1.5 Million Bitcoin Call Is Back as ARK Sees $28 Trillion Crypto Market by 2030
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Cathie Wood’s $1.5 Million Bitcoin Call Is Back as ARK Sees $28 Trillion Crypto Market by 2030

Bitcoin traded near $82,412 early Wednesday after renewed inflows into U.S.-listed spot bitcoin ETFs, which saw $467.35 million in new investments on Tuesday. ARK Invest forecasts bitcoin’s market value could reach $16 trillion by 2030, with a base-case price of $730,000 per coin. Strategy, the largest corporate holder, reported a $12.54 billion quarterly loss tied to recent price swings.
May 6, 2026
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Stock Market Today

  • Oil prices drop below $100 on Iran peace deal hopes, markets rise
    May 25, 2026, 8:37 AM EDT. Oil prices fell below $100 a barrel for the first time in two weeks as hopes grow for a US-Iran peace deal. Brent crude dropped 5.5% to just under $98. The conflict's focal point remains Iran's blockade of the Strait of Hormuz, a critical energy chokepoint. Equity markets responded positively, with Japan's Nikkei up nearly 3% and Europe's Stoxx 600 rising 0.8%. The dollar weakened while the pound hit its highest level since May. Analysts caution markets remain wary as past negotiations have stalled. Inflation fears have driven central banks to consider further rate hikes, with the Bank of England expected to raise rates twice in 2024.