Author: James Wilson
Revolut launched its first physical crypto card on May 18, a Dogecoin-themed LED card for the UK and EEA. Summary Revolut unveiled its first physical crypto card with a Dogecoin theme and LED display, usable anywhere Visa and Mastercard are accepted. The card links to users’ crypto balances and converts holdings to fiat at real-time exchange rates, with no additional exchange fees charged on purchases. The launch follows Revolut’s full UK banking licence in March 2026 and FCA approval last week for leveraged investment products and private wealth services. Revolut announced on May 18 that it is launching its first…
Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. Summary Over 3 billion SHIB tokens were pushed onto exchanges on May 18, raising sell-side pressure as broader crypto market liquidations accelerated. CoinGlass data shows SHIB open interest at $61.2 million with $42,485 in futures positions liquidated in the 24-hour session ending May 18. SHIB was trading at $0.00000567 on May 18, down roughly 10% on the week and 54% over the past year. On-chain exchange flow data tracked by CoinGlass shows SHIB open interest at $61.2 million on May 18, with $42,485 in…
Kraken revenue rose 3% year-on-year to $507m in Q1 2026 as futures trading jumped 51%, Payward said Monday. Summary Payward posted $507m in Q1 2026 adjusted revenue, up 3% year-on-year, despite Bitcoin falling 22% during the quarter and industry-wide spot volumes dropping 38%. Futures daily average revenue trades rose 51%, driven by NinjaTrader, Breakout, and expanded derivatives offerings from the recently completed Bitnomial acquisition. Adjusted EBITDA fell to $18m as Payward continued spending on acquisitions, product development, and regulatory infrastructure ahead of a planned IPO. Payward, Kraken’s Wyoming-based parent company, said in a Monday press release that it generated $507…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI crypto trading bots surge in demand as traders struggle with volatility and unreliable automation tools. Summary AI trading bot market hits $11B+; SaintQuant ranks as no-code crypto bot with built-in risk controls and auto trading. SaintQuant offers no-code AI crypto trading with pre-optimized strategies, live execution, and built-in risk management. SaintQuant leads for beginners with automated execution and risk-managed strategies. The global AI trading platform market surpassed $11 billion in 2024 and is on track toward $33 billion…
The White House says it has achieved a legal and custody “breakthrough” for the US Strategic Bitcoin Reserve, finally giving Washington a compliant way to safeguard billions in seized BTC. Summary White House Digital Assets Executive Director Patrick Witt confirmed legal and custody frameworks for the Strategic Bitcoin Reserve are now in place The announcement signals the administration has cleared key regulatory hurdles without requiring immediate congressional action Witt described the development as a “breakthrough” that allows proper safeguarding of government-held digital assets The White House has confirmed a major operational breakthrough for the U.S. Strategic Bitcoin Reserve, with an announcement…
Justin Sun moved 41.99m Spark worth $1.23m from Spark to HTX, adding to roughly 610m SPK in exchange-bound flows since 2025 and renewing sell-pressure and governance worries. Summary Justin Sun moved 41.99 million SPK, worth about $1.23 million, from Spark to HTX in his latest suspected token sale after a two‑week pause. On-chain data indicate Sun has transferred roughly 610 million SPK to exchanges since September 2025, with an estimated cumulative value of about $19.08 million. The sustained offloading of staking rewards risks adding persistent sell pressure to SPK and intensifying long‑running concerns about Sun’s use of ecosystem tokens. Justin…
KB Financial Group completed a proof of concept for a South Korean won-denominated stablecoin. Summary KB Financial tested won stablecoin issuance, offline QR payments, merchant settlement and Vietnam remittances. The Vietnam transfer finished in under three minutes and cut fees by about 87%. South Korea’s stablecoin rules remain unsettled as banks and fintech firms continue payment pilots. The pilot tested payments, settlement and overseas remittances with KG Inicis, Kaia and OpenAsset. The project tested the full service flow. It covered issuance, offline payments, merchant settlement and remittances. DigitalToday reported that the pilot kept the user-facing payment flow familiar while moving…
XRP Ledger validators are under fresh pressure to update their nodes as version 3.1.3 moves toward amendment activation. Summary XRPL version 3.1.3 includes the fixCleanup3_1_3 amendment, which is expected to activate on May 27. Validators running older software may face amendment blocking and lose normal transaction processing access. The update comes as crypto.news reports rising XRP Ledger activity and stronger spot XRP ETF inflows. The fixCleanup3_1_3 amendment entered a two-week activation period and is expected to activate on May 27, 2026. The release follows the May 8 announcement of XRPL 3.1.3. The update includes one default-yes fix amendment, meaning operators…
Bitcoin fell below $77,000 on May 18 as selling pressure spread across the crypto market. Summary Bitcoin’s drop below $77,000 came as ETF outflows and forced liquidations weakened short-term market sentiment. Fed minutes, jobs data and sentiment reports may shape rate expectations across markets this week. Nvidia’s May 20 earnings could guide AI stock demand and AI-linked crypto tokens this week. crypto.news reported that U.S. spot Bitcoin ETFs recorded more than $1 billion in net outflows last week, while more than $661 million in crypto positions were liquidated within 24 hours. The pullback erased part of Bitcoin’s CLARITY Act rally.…
A co-founder of the Forsage crypto investment platform has pleaded not guilty in a U.S. federal court after being extradited from Thailand in a case tied to an alleged $340 million Ponzi scheme. Summary Forsage co-founder Olena Oblamska has pleaded not guilty in a U.S. federal court after being extradited from Thailand. U.S. prosecutors alleged the Forsage crypto platform operated as a $340 million Ponzi scheme that left most investors with losses. Three other founders charged in the 2023 federal indictment remain outside U.S. custody. According to a notice released by the U.S. Attorney’s Office for the District of Oregon,…