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Crypto

Coinbase buys $88M in Bitcoin in Q1, expands treasury to 16,492 BTC

Coinbase bought $88 million worth of Bitcoin in Q1 2026, adding 1,103 BTC to a corporate treasury now worth $1.3 billion. CFO Alesia Haas also detailed a perpetual USDC revenue-sharing deal with Circle.

By Caleb Mwangi
Crypto

Bitcoin slips to $79,614 as negative funding rates set 10-year record

Bitcoin slipped to $79,614 on Friday as negative funding rates in crypto futures markets extended to a record 67 consecutive days.

By Caleb Mwangi
Banking

Block Q1 beats by $0.17, raises FY26 gross profit outlook to $12.33B

Block reported Q1 adjusted EPS of $0.85, beating consensus by $0.17, as gross profit rose 26% to $2.91B. The company raised its full-year 2026 gross profit outlook to $12.33B, sending shares up 9.8% in after-hours trading.

By Naomi Voss
Crypto

JPMorgan says bitcoin overtaking gold as debasement trade after $1.69B weekly ETF inflow

JPMorgan analysts said bitcoin is gaining ground on gold as the preferred debasement trade, citing a sharp rotation in institutional capital flows that has accelerated since the Iran conflict began.

By Caleb Mwangi
Markets

Stocks hit records while crypto stalls: what the divergence says about risk appetite in 2026

The S&P 500 and Nasdaq notched fresh records in early May while bitcoin traded sideways near $81,500, a divergence that reflects a narrowing equity rally, matured ETF flows, and competing narratives for institutional capital.

By Sloane Carrington
Crypto

Bitcoin Holds Above $80,000 on SEC Regulatory Shift and Iran Hedging

Bitcoin held above $80,000 through Thursday's session as traders pointed to a regulatory pivot in Washington and demand for alternative stores of value. The Iran-US conflict entered another week without a ceasefire, while altcoins and blockchain equities moved higher in tandem.

By Caleb Mwangi
Crypto

Hayes calls $60,000 Bitcoin floor as Lee eyes May close above $76,000

BitMEX co-founder Arthur Hayes reiterates a $1 million by 2028 Bitcoin target, calling $60,000 a structural floor. Fundstrat's Tom Lee separately argues a third consecutive monthly close above $76,000 would end the 2026 bear market.

By Caleb Mwangi
Crypto

Coinbase rebounds 10%, altcoins surge as SEC chair Atkins signals onchain support

Coinbase shares recovered 10 per cent from session lows as SEC Chair Paul Atkins signaled support for new rules around onchain trading and blockchain settlement infrastructure, lifting tokenization stocks and altcoins.

By Caleb Mwangi
Crypto

Bitcoin outperforms gold by 36% on relative basis since Iran war began

Bitcoin has outperformed gold by roughly 36% on a relative basis since the US-Iran conflict escalated on Feb 28, breaking from the traditional pattern of gold as the dominant crisis safe haven. The divergence marks a structural shift in how digital assets behave during geopolitical shocks.

By Caleb Mwangi
Crypto

Bitcoin stalls below $83,000 as altcoins flash bullish rotation

Bitcoin paused near $80,945 on Thursday, shy of Wednesday's $82,800 three-month high, as ether slid below $2,400 and altcoins led by TON, ALGO and the DeFi sector posted outsized gains.

By Caleb Mwangi