CryptoNews

Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue

Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue topped $200 million. Key Takeaways Coinbase reached 8.6% crypto trading volume market share, setting a new company high. Derivatives adoption lifted retail annualized revenue…
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CryptoNews

Bitcoin Must Hold $88.88K to Confirm a BTC Bottom, Analysis

An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts. Key Takeaways $88.88K was…
CryptoNews

Crypto-Native Operators Lead Canada’s Offshore iGaming Surge as World Cup Approaches

Crypto-native operators Stake and Roobet lead Canada’s online gambling market five weeks before the country co-hosts the FIFA World Cup, with offshore platforms continuing to dominate every province except Ontario. According to the 2025 USA and Canada iGaming Landscape Report from market analytics firm Blask, the top five Canadian operators capture more than 60% of the country’s competitive…
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CryptoNews

Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries

Kraken and Moneygram are linking crypto balances to cash withdrawals through a global pickup network. The partnership supports local-currency payouts across hundreds of fiat currencies and more than 100 countries. Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s regulated…
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CryptoNews

Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model

Coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is meant to manage expenses, streamline operations, and position Coinbase for…
CryptoNews

Bitmine Pushes $13.1 Billion Treasury as 5,180,131 ETH Position Reshapes Crypto Balance

Bitmine Immersion Technologies has unveiled a $13.1 billion treasury, with ethereum comprising roughly $12.1 billion of the total. Key Takeaways: Bitmine reached $13.1 billion in holdings on May 3, 2026, including 5.18 million ETH and 200 Bitcoin. Ranking as the #2 global treasury, Bitmine now trades $625 million daily, outpacing firms like DoorDash. Thomas Lee expects the CLARITY Act’s 2026…
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