CoinEdition

Bitget launches “Scan to Pay,” enabling instant USDT payments via QR codes at offline merchants.

The feature rolls out in Southeast Asia and Latin America using existing local payment networks.

Bitget says the feature helps users spend stablecoins daily without bank transfers or off-ramping.

Bitget has launched a new “Scan to Pay” feature on Bitget Pay, allowing users to make instant offline payments with USDT by scanning QR codes through the Bitget app.

The feature is initially rolling out across selected markets in Southeast Asia and Latin America. Notably, these regions are where QR-based payments are already widely used, but access to traditional banking services remains uneven. 

The company said the system works through existing local payment networks, allowing merchants to accept payments without changing their current infrastructure.

USDT Payme…

Read The Full Article Bitget Launches ‘Scan to Pay’ Feature for USDT Payments at Offline Merchants On Coin Edition.

White House targets CLARITY Act passage before July 4 as Senate talks advance.

Stablecoin rewards compromise clears a major hurdle in ongoing crypto bill negotiations.

White House backs broad ethics rules, opposes politician-specific restrictions.

The White House is aiming to move the Digital Asset Market Clarity Act through Congress before July 4, according to White House digital assets adviser Patrick Witt, who said the Senate Banking Committee is expected to advance the legislation later this month.

The update shows a continued momentum for the crypto market structure bill after months of delays tied to disagreements over stablecoin yield provisions and conflict-of-interest language. Witt also stated that discussions surrounding the stablecoin rewards issue are now largely settled, while separate negotiations continue over ethics rules linked to public officials…

Read The Full Article White House Targets CLARITY Act Passage Before July 4 On Coin Edition.

Petro named Santa Marta, Riohacha, and Barranquilla as potential Bitcoin mining hubs.

Paraguay holds 4.3% of the global Bitcoin hashrate, built entirely on surplus hydroelectric power.

Venezuela has 7,500 megawatts of stranded energy surplus, larger than Paraguay’s entire share.

A detailed report on Bitcoin mining in Paraguay, and its implications for Venezuela’s stranded energy surplus, caught the attention of an unlikely reader this week, Colombian President Gustavo Petro.

Petro responded publicly on X, drawing a direct line from what Paraguay built using surplus hydroelectric power to what Colombia’s Caribbean coast could replicate using its own untapped renewable energy resources.

“Today, countries with abundant clean energies locked away, like Venezuela and Paraguay, manage to attract investments in Bitcoin mining,” Petro wrote. “This could be the case for …

Read The Full Article Colombia’s President Eyes Bitcoin Mining Boom for Caribbean Coast On Coin Edition.

a16z raises $2.2B for its fifth crypto fund, bringing total crypto capital to $9.8B.

Fund strategy shifts from infrastructure buildout to real-world product deployment.

Improving US regulation and past cycle resets support long-term capital allocation.

Andreessen Horowitz has raised $2.2 billion for its fifth crypto fund, adding fresh capital to back startups building crypto infrastructure and consumer products. The fund will be led by managing partner Chris Dixon, alongside Ali Yahya, Guy Wuollet, and Eddy Lazzarin, who has also been promoted to general partner.

The new vehicle brings a16z crypto’s total dedicated capital to nearly $9.8 billion. It matches the size of its 2021 fund but falls short of the $4.5 billion raised in 2022.

Capital Focus Shifts to Real Usage

The fund targets sectors where usage continues despite market cycles. These include stable…

Read The Full Article a16z Launches $2.2B Crypto Fund to Back Next Phase of Crypto Growth On Coin Edition.

Coinbase cuts 14% workforce as Kalshi sees 92% odds 2026 tech layoffs exceed 2025 levels.

Armstrong says AI lets engineers ship in days what previously took entire teams several weeks.

Coinbase previously cut 18% in 2022 and 20% in 2023, but those were market-driven, not AI-driven.

Coinbase’s decision to cut approximately 700 jobs, or 14% of its workforce, on Tuesday is being read by prediction market traders as confirmation of a trend that is only getting started. Kalshi currently prices a 92% probability that total tech layoffs in 2026 will exceed the 447,000 recorded in 2025. With the Bureau of Labor Statistics already reporting 178,000 layoffs in the information sector through March alone, that threshold looks increasingly likely to be crossed well before year’s end.

Coinbase is the latest data point in what is becoming a clear pattern. Block cut more than 4,00…

Read The Full Article Coinbase Lays Off 14% of Staff as Kalshi Sees 92% Odds of More Tech Layoffs On Coin Edition.

Telegram replaces TON Foundation as the network’s largest validator.

TON price jumps 28% with a 52% surge in volume and a 72% gain over 30 days.

TON processed 1.5B transactions in Q1 2026, while April recorded 67M.

Telegram has moved to take control of The Open Network’s validator set. CEO Pavel Durov confirmed that the company will replace the TON Foundation as the main force behind the chain and become its largest validator.

Telegram becoming TON’s largest validator strengthens decentralization.

It lets other major players join the validator pool without centralizing the network — with Telegram as the counterbalance.

More and more TON gets locked in validation as everyone competes for 20%+ APR.

— Pavel Durov (@durov) May 5, 2026

The market reacted fast as the TON price jumped, volume expanded, and short-term momentum flipped. At press time, TON trades…

Read The Full Article Telegram Replaces TON Foundation as TON’s Largest Validator, Token Surges On Coin Edition.

Binance will host Binance Online on May 13 with global crypto and finance leaders.

Event proceeds fund blockchain education, with $50,000 allocated across two institutions.

New withdrawal lock feature targets rising physical coercion risks, up 75% per CertiK data.

Binance has announced a new global virtual event, “Binance Online,” scheduled for May 13 at 11:00 AM UTC. The multi-hour program is expected to bring together figures from institutional finance, blockchain infrastructure, and digital asset markets, while also coinciding with the exchange’s latest efforts to address physical security risks faced by crypto users.

Global Event to Feature Industry Leaders

The event will feature speakers such as Changpeng Zhao, Adam Back, and Rob Goldstein, as well as Brad Garlinghouse, Lily Liu, Anthony Pompliano, and Chamath Palihapitiya. Additional participants inc…

Read The Full Article Binance Announces “Binance Online” Global Virtual Event as Security Measures Expand On Coin Edition.

Western Union launched USDPT on Solana as its first on-chain settlement move.

Initial rollout of USDPT is in Bolivia and the Philippines, targeting 130 million users.

USDPT will connect to licensed crypto exchanges and Western Union’s liquidity network.

Western Union has launched USDPT, a US dollar-backed stablecoin built on the Solana blockchain. This marks the company’s first direct move into blockchain-based payments and on-chain settlement.

USDPT is issued by Anchorage Digital Bank, the first federally regulated crypto bank in the US. Fireblocks provides wallet and settlement infrastructure, supporting transaction flow across the network.

The stablecoin is fully backed by US dollars and designed for real-world payments. It enables 24/7 settlement without delays. Lily Liu, President of the Solana Foundation, said, 

“Solana’s high-throughput, low-l…

Read The Full Article Western Union Launches USDPT Stablecoin on Solana for Global Payments On Coin Edition.

XRP trades tight near $1.30–$1.50; AI models predict a likely path in May.

Key catalysts include XRP futures, leveraged ETFs, Fed shifts, and the CLARITY Act deadline.

ETF inflows stay strong, but high NVT signals risk of a short-term correction if usage lags.

XRP entered May 2026 in a tight range, but AI models across major platforms agree on one thing: the calm may not last long. 

With its price hovering between $1.30 and $1.45, traders are now watching a mix of technical signals, ETF flows, and major U.S. policy decisions that could decide the next move.

Current Structure

Insights from Grok, Perplexity, Gemini, Claude, and ChatGPT confirm XRP has been trading within a tight range. 

The token has traded mostly between $1.30 and $1.50 in the last two months, with the coin trading at $1.41 at press time. This range has become the key battlefield.

Supp…

Read The Full Article What Traders Need to Watch in XRP This May: Insights From Grok, Claude, Gemini, Perplexity, and ChatGPT On Coin Edition.

Iran claimed to have attacked a US Navy ship in the Strait of Hormuz on Monday.

The US denied an attack on its Navy ship by the Iranian Revolutionary Guard.

BTC experienced volatility following the claims and counterclaims between Iran and the US.

Unfolding developments in the US-Iran war appear to be triggering instability in markets and other issues worldwide. 

Claims and Counterclaims

The war situation seems to be heading into further escalation after reports emerged that Iran’s navy attacked a US warship with missiles in the Strait of Hormuz. However, the US has denied such an incident, claiming it is on course with Project Freedom.

Senior U.S. official denies a U.S. ship was hit by Iranian missiles

— Barak Ravid (@BarakRavid) May 4, 2026

An Iranian state media quoted the country’s Revolutionary Guard (IRGC) as saying that it attacked a US Navy v…

Read The Full Article Conflicting US-Iran Claims Over Strait of Hormuz Incident Shake Markets On Coin Edition.

Bitcoin nears breakout but must clear $83K–$84K 200-day moving average for confirmation.

Ethereum targets $3,400 but needs strength above key resistance and weekly levels.

Altcoins remain compressed as ADA and SUI approach key resistance zones.

Bitcoin is approaching a key technical phase, with price action moving toward levels that could determine the next trend. Recent data shows the asset nearing a multi-month resistance trend line, while market attention is increasingly focused on the 200-day moving average in the $83,000–$84,000 range.

This level is being monitored as a more reliable indicator of confirmation than the trend line itself, especially after April delivered stronger-than-expected performance despite earlier projections of continued downside.

On the daily chart, Bitcoin continues to test the upper boundary of a descending structure that has f…

Read The Full Article Bitcoin Tests Key Resistance as Analysts Flag Key Breakout Levels On Coin Edition.

Strategy halted weekly Bitcoin buys as both STRC and ATM channels stalled.

STRC traded below $100 for two weeks, blocking efficient capital raising.

Holdings rose to 818,334 BTC (3.9% supply), up 40% YoY, while BTC fell 30%.

The weekly buy signal from Michael Saylor did not come this time. Instead, the message confirmed no Bitcoin purchases this week. The pause breaks a steady run of buying through April, when the company deployed over $4 billion into BTC.

The halt links to pressure on Strategy’s two main funding routes. The STRC preferred stock, offering an 11.5% yield, has traded below its $100 par value for two weeks, blocking efficient capital raising.

At the same time, the firm avoided selling shares through its ATM program after adding 3,273 BTC in late April, keeping its stock stable ahead of the May 5 Q1 2026 earnings call. With both funding channels c…

Read The Full Article Strategy Pauses Bitcoin Buys as Peter Schiff Criticizes Accumulation Model On Coin Edition.

ETH trades at $2,302, up 0.32%, below the Bollinger midline at $2,324 and SAR at $2,403 with lower band at $2,240 as key support.

Ethereum Foundation sold another 10,000 ETH to BitMine at $2,292, its third OTC sale totaling 25,000 ETH since March.

ETH failed the February range high while Bitcoin cleared it in April, a Smart Money divergence pointing to continued relative weakness.

Bitcoin captured liquidity above the February monthly range high in April. ETH ran toward $2,500, failed to close above the same level, and returned to range. That divergence is the most important thing happening on the ETH chart right now, and it sits underneath a daily setup that has not managed a close above the Bollinger midline since late April.

ETH Daily Chart: Below The Midline, SAR Still Pointing Down

ETH Daily Price Action (Source: TradingView)

The Bollinger midline at …

Read The Full Article Ethereum Price Prediction: Smart Money Trap On The Monthly Chart As Foundation Sells Another 10,000 ETH On Coin Edition.

BTC trades at $78,310, up 0.10%, with a CRT liquidity sweep below $76,000 complete and the channel range high at $80,000 as the trigger.

Bitcoin spot ETFs pulled $629.73M on May 1, the largest single day since mid-April, with BlackRock’s IBIT leading at $284.39M.

CryptoQuant warns April’s rally was driven by futures, not spot accumulation, a pattern that has historically preceded correction.

Bitcoin spot ETFs just recorded their largest inflow day since mid-April at $629.73M, the same session the daily chart printed a clean CRT liquidity sweep below $76,000 and recovered. The channel range high at $80,000 is the next trigger, and how BTC closes this week will tell you whether May is a recovery month or a repeat of April’s shaky structure.

BTC Daily Chart: CRT Sweep Done, $80,000 Is The Trigger

BTC Daily Price Action (Source: TradingView)

The daily CRT ran…

Read The Full Article Bitcoin Price Prediction: $629M ETF Inflow Lands As CRT Sweep Completes With $80,000 As The Trigger On Coin Edition.

Bitcoin logs 47-day negative funding streak, longest since FTX collapse.

Rising open interest shows traders are adding positions, even as funding costs remain elevated. 

Large traders build long positions while short sellers hold profits, signaling a market standoff.

The Bitcoin derivatives market is flashing a rare signal. For 47 consecutive days through April 26, perpetual futures funding rates have stayed negative. Remarkably, this is the longest bearish streak since the fallout from the FTX collapse.

At the same time, open interest has continued to rise. This combination suggests that traders are not just holding short positions but actively adding to them, even as the cost of maintaining those positions continues to rise.

Crowded Short Meets Whale Conviction

Negative funding rates mean short sellers are paying long traders at regular intervals, typically…

Read The Full Article Bitcoin Funding Stays Negative for 47 Days as Market Pressure Builds On Coin Edition.

Nikita Bier said crypto is the most muted topic since X launched its snooze feature.

X also rolled out Grok-powered custom timelines, but only for Premium users.

Santiment data shows Bitcoin and Solana social sentiment at a four-month high.

X Head of Product Nikita Bier said crypto is the most muted topic on the platform since the launch of the new snooze feature. 

The ranking placed crypto ahead of politics, the Iran conflict, sports, business and finance, gaming, artificial intelligence, videos, science and technology, and entertainment.

The update came one week after X rolled out new product tools for Premium users. Those tools include topic snoozing and custom timelines.

The trend indicates that while crypto generates heavy engagement, users are also choosing to hide it more than any other subject.

The most snoozed (i.e., muted) topics since launching…

Read The Full Article Crypto is the Most Muted Topic on X: Nikita Bier On Coin Edition.

Judge Lewis Kaplan denied SBF’s request for a new trial and called the claims baseless.

Kaplan said allegations of witness pressure by prosecutors were “wildly conspiratorial.”

Sam Bankman-Fried tried to withdraw his motion, but the court proceeded and denied the request.

Crypto entrepreneur Sam Bankman-Fried lost his bid for a new trial after US District Judge Lewis Kaplan rejected claims of newly discovered evidence tied to the collapse of FTX.

In a Tuesday filing in the Southern District of New York, Kaplan called the motion “baseless” and said key allegations were “wildly conspiratorial and entirely contradicted by the record.” 

The ruling leaves Bankman-Fried’s 25-year prison sentence in place while his separate appeal continues.

Judge Says Witness Claims Were Not New

Bankman-Fried argued that testimony from former FTX executives could…

Read The Full Article Federal Judge Denies SBF Retrial Motion, 25-Year Sentence Stands On Coin Edition.

Canada plans to ban crypto ATMs after regulators link them to rising fraud cases.

FINTRAC identifies crypto ATMs as a key channel used in scam-related transactions.

Bill C-25 advances to restrict crypto donations in federal political campaigns.

Canada is moving toward stricter controls on crypto access points and political use cases, as federal authorities outline plans to ban crypto ATMs and limit digital asset donations in elections. The measures, detailed in the Spring Economic Update 2026 and ongoing legislative activity, correspond to a broader shift toward tightening oversight where regulators have identified fraud and transparency risks.

Officials have pointed to crypto ATMs as a key channel for scams, while lawmakers are advancing proposals to restrict the use of digital assets in political financing.

Canada Targets Crypto ATMs Over Fraud Concerns

Acc…

Read The Full Article Canada Moves to Ban Crypto ATMs to Combat Fraud  On Coin Edition.

Pump.fun burned 36% of PUMP’s circulating supply in two on-chain transactions on Tuesday.

Platform locked 50% of all future net revenue into an irreversible buyback and burn contract.

Nine months of buybacks failed to build trust, so Pump.fun destroyed all repurchased tokens.

Solana-based token launchpad Pump.fun burned approximately $370 million worth of previously repurchased PUMP tokens on Tuesday, eliminating roughly 36% of the token’s circulating supply in two on-chain transactions confirmed at 20:52 UTC. 

The platform simultaneously announced it had locked 50% of all future net revenue into an irreversible smart contract programmed to buy and burn additional tokens automatically for the next twelve months.

The Problem It Was Solving

Pump.fun acknowledged that despite directing 100% of revenue toward token buybacks over the past nine months, the program …

Read The Full Article Pump.fun Burns $370 Million of Its Own Token Circulating Supply On Coin Edition.

Robinhood Q1 revenue rose 15% to $1.07B, but crypto revenue dropped 47% to $134M.

Crypto trading volume on the platform fell 48% year over year to $24 billion.

Options, equities, and event contracts helped lift transaction revenue 7% to $623 million.

Robinhood Markets, Inc. reported first-quarter 2026 revenue of $1.07 billion, up 15% from a year earlier. However, crypto activity declined sharply, weighing on results.

Crypto revenue fell 47% year over year to $134 million from $252 million. Crypto notional trading volume on the app fell 48% to $24 billion. The decline was the weakest performance across Robinhood’s trading lines.

The company missed Wall Street estimates as adjusted earnings per share came in at $0.38 versus a $0.39 estimate. Revenue also missed expectations of $1.14 billion, and shares fell about 8% in after-hours trading after the release.

C…

Read The Full Article Robinhood’s Q1 Crypto Revenue and Trading Volume Fell Nearly 50% On Coin Edition.