May 7, 2026
Coins
Bitcoin ETFs Post 5-Week Buying Streak as Hedges Unwind, Institutional Appetite Returns
U.S. spot Bitcoin ETFs have recorded five consecutive weeks of positive inflows as downside hedges unwind across derivatives markets, signaling a broadening return of institutional demand. Net inflows for the current week, ending May 6, reached $1.05 billion, bringing the cumulative total across the five-week streak to approximately $3.8 billion, according to SoSoValue data. Total net assets held by U.S. spot ETFs now stand at $108.76 billion—a record. Bitcoin has dropped 1.3% and is trading at...
May 7, 2026
Opinion
Morning Minute: Morgan Stanley Is Coming for Coinbase
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors fall 2-4% despite falling oil, stocks green; BTC -2% at $80.9k TON and VVV continue to outperform, ZEC cools off Morgan Stanley launches crypto trading on ETrade, undercuts o...
May 7, 2026
Law and Order
Hardware Wallet Thief Gets 78 Months in Prison Over $250M Crypto 'Heist'
A 20-year-old California man was sentenced to 78 months in federal prison Wednesday for his role in a criminal enterprise that prosecutors say stole more than $250 million in cryptocurrency. The enterprise operated for over a year between late 2023 and early 2025, using social engineering schemes to manipulate victims into revealing access to their digital assets. Marlon Ferro, 20, of Santa Ana, California, was sentenced today in U.S. District Court to 78 months in prison in connection with his...
May 6, 2026
Technology
Bitcoin, Ethereum 'Q-Day' Quantum Threat Could Arrive as Soon as 2030: Report
A sweeping new technical report warns that the cryptographic foundations securing trillions of dollars in digital assets could be broken by quantum computers within the next four to seven years—and that the blockchain industry is dangerously unprepared for the transition needed to survive. The report, published by Project Eleven, a quantum security firm, concludes that a "cryptographically relevant quantum computer"—one powerful enough to crack the elliptic curve digital signatures protecting B...
May 6, 2026
Markets
Strategy Yield ETN Gives UK Investors Exposure to Bitcoin Giant's STRC Shares
Crypto asset manager 21Shares launched the Strategy Yield ETN (STRC) on the London Stock Exchange on Wednesday, marking its first U.K. product offering exposure to Strategy's Bitcoin-backed preferred shares. STRC provides exchange-traded access to Stretch, a variable rate Series A perpetual preferred stock issued by top Bitcoin treasury firm, Strategy Inc. The preferred shares offer investors yield exposure backed by the software company's massive Bitcoin holdings. The ETN currently delivers an...
May 6, 2026
Artificial Intelligence
Hut 8 Shares Hit All-Time High Price as Bitcoin Miner Signs $9.8 Billion AI Data Center Lease
Bitcoin mining firm Hut 8 Corp. announced Wednesday that it has signed a 15-year, $9.8 billion lease for the first phase of its Beacon Point AI data center campus in Nueces County, Texas—a deal that underscores the accelerating race among infrastructure companies to capitalize on surging demand for AI computing power. Shares in the firm (HUT) are flying high in early Wednesday trading, recently changing hands around $107—a 33% rise from Tuesday’s closing price, per Yahoo Finance. Hut 8’s share...
May 6, 2026
Markets
Bitcoin Jumps to Three-Month High Above $82K on Report of US-Iran Agreement
Bitcoin surged to a three-month high on Wednesday on reports of a U.S.-Iran peace framework and the restoration of safe passage through the Strait of Hormuz. The White House believes it is nearing an agreement with Iran on a one-page, 14-point memorandum of understanding to end the war, Axios reported, citing four sources familiar with the matter. The document, being negotiated by U.S. envoys Steve Witkoff and Jared Kushner, would declare an end to hostilities and open a 30-day window for detai...
May 6, 2026
Business
Strategy Mulls Selling Bitcoin to 'Inoculate the Market': Saylor
Strategy Inc. dropped its longstanding "never sell" Bitcoin pledge on Tuesday, telling investors it would offload BTC when doing so is "advantageous to the company,” a reversal five years in the making that analysts say matters far more as a confidence signal than as a supply shock. The company, which holds 818,334 BTC worth approximately $66.8 billion, roughly 3.9% of the total supply, reported a net loss of $12.54 billion for the first quarter of 2026. The bulk of that figure, $14.46 billion,...
May 5, 2026
Business
CME Gearing Up to Launch Bitcoin Volatility Futures Independent From BTC’s Price
CME, the world’s top derivatives marketplace, announced plans Tuesday to launch Bitcoin volatility futures that will soon allow traders to bet on the intensity of the cryptocurrency’s price swings. The derivatives would allow Bitcoin traders to hedge against fluctuations in the asset's ever-changing price, without betting on the price of Bitcoin itself. The product will debut on June 1, CME said, pending regulatory review. “With our new Bitcoin volatility futures, traders will be able to invest...
May 5, 2026
Business
Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings
Strategy Inc., the Bitcoin treasury company that has become the largest corporate holder of the cryptocurrency, reported a net loss of $12.54 billion for the first quarter of 2026—a staggering figure driven almost entirely by a decline in the value of its BTC stockpile. The company's operating loss for the quarter reached $14.47 billion, compared with $5.92 billion during the same period a year earlier. The bulk of that figure—$14.46 billion—reflects an unrealized loss on its digital assets as...
May 5, 2026
Markets
French Chipmaker Sequans Dumps Half Its Bitcoin as Treasury Hype Meets Reality
Paris-based chipmaker Sequans Communications liquidated 1,025 Bitcoin during the first quarter of 2026, nearly halving its crypto reserves as revenue collapsed and losses mounted. The semiconductor manufacturer's Bitcoin holdings fell from 2,139 BTC at year-end 2025 to 1,114 BTC by April's close, according to a Q1 earnings report, with the sale generating critical liquidity as the company posted a $54.3 million net loss—or $3.73 per diluted ADS—compared to $7.3 million a year earlier. The quart...
May 5, 2026
Business
'Big Short' Investor Michael Burry Exits GameStop After eBay Bid
Michael Burry sold his entire GameStop position Monday following the company's $55.5 billion eBay bid, which he said would saddle the firm with debt his bullish thesis could not absorb. The "Big Short" investor disclosed the sale Monday on his Substack, citing debt levels he said were incompatible with the "Instant Berkshire" thesis he had bought into in January. Burry claimed the deal would likely push GameStop's borrowings past the limits any disciplined buyer would accept. "The Instant Berksh...
May 5, 2026
Markets
Bitcoin ETFs Draw Investment Surge After Brief Lull Threatens Winning Streak
Crypto investment products eked out $117.8 million in inflows last week, extending a winning streak to five consecutive weeks—but the headline figure obscures a turbulent stretch that nearly ended the run before it could continue. According to CoinShares' weekly fund flows report, the products bled $619 million across the first four trading days of the week, only to see a single Friday session reverse the damage with $737 million in inflows—one of the largest single-day figures recorded in 2026....
May 5, 2026
Business
Andreessen Horowitz Raises $2.2 Billion to Fund Next Wave of Crypto Startups
Andreessen Horowitz said Tuesday that it has raised $2.2 billion for its fifth crypto fund, bringing the firm's total crypto capital under management to nearly $9.8 billion. The firm’s a16z Crypto arm has backed some of the industry’s biggest companies, including crypto exchange Coinbase, prediction market giant Kalshi, blockchain network Solana, and decentralized exchange Uniswap. Now the venture capital giant has fresh billions to pour into crypto infrastructure and products. "A new financial...
May 5, 2026
Markets
Bitcoin's $81K Rally Comes Amid 66-Day Negative Funding Streak: Here’s Why
Bitcoin has surged to $81,000, but derivatives markets are flashing an unusual signal: the longest streak of negative funding rates this decade. The leading crypto is up 2.9% over the past 24 hours and is currently hovering at around $81,250, according to CoinGecko. The 30-day average funding rate for Bitcoin perpetual swaps—contracts that track Bitcoin's spot price without an expiry date—has remained negative for 66 consecutive days, according to a Monday tweet from Vetle Lund, head of research...
May 5, 2026
Opinion
Morning Minute: Crypto VC Haun Raises $1B Despite Market Slump
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes or less, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors up 2-5%, Hype leads; Bitcoin at $81,000 BTC ETFs see $1.15B in net inflows over past 2 sessions DTCC to begin tokenized stock trading in July WLFI countersues Justin Sun stat...
May 4, 2026
Markets
K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
Nasdaq-listed K Wave Media Ltd. approved a strategic transformation to reposition itself as an AI infrastructure company, diverting funds raised for its Bitcoin treasury strategy in the process—and seeing its stock price fall sharply over the course of the day Monday. Previously focused on the South Korean entertainment industry, including supporting popular K-pop groups, the company's board of directors approved the sale of its largest wholly owned subsidiary, Play Co., Ltd., back to the unit's...
May 4, 2026
Law and Order
Texas Residents Sue MARA Holdings Over Bitcoin Mining Noise
Nine Texas residents have sued MARA Holdings, alleging its Bitcoin mining facility in Granbury, Texas, generates constant noise, vibrations, and low-frequency sound that interfere with daily life and harm their health. The complaint, first reported by Blockspace, was filed on Friday in the Northern District of Texas and seeks damages above $1 million and demands a jury trial. Plaintiffs argue the operation constitutes a permanent private nuisance that has made their homes difficult to live in an...
May 4, 2026
Business
BitMine Buys $240 Million in Ethereum as Tom Lee Heralds Arrival of 'Crypto Spring'
Top Ethereum treasury firm BitMine Immersion Technologies just revealed its third straight weekly buy of more than 100,000 ETH, extending its buying streak as the second-largest cryptocurrency by market cap shows a 15% rise in the last month. BitMine purchased 101,745 ETH over the last week, following previous weekly buys of 101,901 ETH and 101,627 ETH—the former being the firm's largest haul so far in 2026. At Ethereum's recent trading price of $2,365, that makes its latest weekly purchase wort...
May 4, 2026
Markets
Strategy Skips Bitcoin Buy as BTC Hits $80K for First Time Since January
The price of Bitcoin rose above the $80,000 mark overnight for the first time since late January, marking a fresh milestone in the leading cryptocurrency's rebound after dipping below $65,000 at multiple points in recent months. And it comes as the leading holder of Bitcoin, the publicly traded Strategy, took a rare week off in accumulating the coin. Bitcoin touched a recent high of $80,529 early Monday Eastern Time, and has since dipped to a recent trading price of $79,300. At that price, it's...

