Bitcoin bulls set sights on $90,000 this week after briefly reclaiming $80,000
Bitcoin briefly reclaimed the $80,000 psychological level during early Asian trading hours on May 4, the first time since February, amid its quiet upward march in recent weeks. Data from CryptoSlate showed that the top crypto touched an intraday high of $80,529 before slipping back toward $79,621 as of press time. However, what looks like […] The post Bitcoi...
Coins in this story
Related stories
Bitcoin’s $80k reclaim is starting to look like a momentary Asia-led AI trade in disguise
Bitcoin reclaimed $80,000 on May 4, and the move landed as Asian equities pushed toward records on the AI trade, with Korea and Taiwan leading the advance and Nasdaq 100 futures also pointing higher. The timing creates a portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving […] The post Bitcoin’s...
Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
Payward completed its $550 million acquisition of Bitnomial, securing a full CFTC-regulated derivatives stack for U.S. operations. The deal grants Kraken futures broker, exchange, and clearinghouse licenses, eliminating reliance on third-party venues. Spot margin trading launches first on Kraken and NinjaTrader, with perpetuals and options following. This positions Payward competitively as U.S. crypto firms race to bring derivatives onshore.
Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts
Families of North Korean terrorism victims served Arbitrum DAO a restraining notice, claiming 30,765 ETH frozen after the rsETH exploit belongs to North Korea via alleged Lazarus Group links. The move blocks fund release for DeFi victims, citing $877 million in unpaid judgments against Pyongyang. Arbitrum delegates face choosing between compensating recent hacking victims or satisfying decades-old terrorism claims.