Coinbase Slashes Jobs by 14% to Become ‘Lean, Fast, AI-Native’
Coinbase will experiment with smaller teams, including one-person teams, as it restructures operations. Coinbase will reduce its workforce by about 14% as the company adjusts to current market conditions and changes driven by artificial intelligence. In a post on…
Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale
Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased $1.71M earned across 11 consecutive profitable bitcoin short positions. Bitcoin’s push above $81,000 triggered a broad short…
UAE Innovation City launches blockchain IDs for companies
The United Arab Emirates Innovation City has rolled out a blockchain-based system that assigns every registered company a sovereign, verifiable digital identity on-chain. Summary Innovation City now issues on-chain business identities to all registered companies using OPN Chain infrastructure. Officials…
US-Iran tensions drive rupee to record low, impact oil and Bitcoin markets
## Market Snapshot The Bitcoin price market for May 7 is currently priced at 99.8% YES, slightly down from 100% 24 hours ago. Meanwhile, the WTI Crude Oil market for May 2026 is currently gathering attention with the potential for…
Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13 – Bitcoin News
Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the next week. Moex will weigh price data from Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%). The exchange plans to grow its…
Bitcoin Price Forecast: BTC USD Hits the ‘Magnet Zone’ at $80K
The latest Bitcoin price forecast is a fascinating one, as BTC USD is trading near $79,000, up roughly +15% from its February lows, as the price enters what analysts are calling a critical magnet zone, a price band where long-term…
A Response to Key Market Challenges Facing the BlinkEx Investment Platform
The cryptocurrency exchange industry is going through a period of considerable reassessment. After many years of quick growth and very aggressive expansion, users are starting to become a lot more selective when it comes to where they trade. Security incidents,…
Tom Lee says crypto market recovery has begun
Bitmine chairman Tom Lee has said the crypto market may be entering an early recovery phase even as investor sentiment remains cautious. Summary Tom Lee has said crypto may be entering an early recovery phase even as sentiment remains cautious….
Bitcoin surges past $81,000 amid US-Iran tensions, reinforcing safe-haven status
## Market Snapshot In the market for “Will the price of Bitcoin be above $66,000 on May 7?”, the current pricing is highly supportive of a YES outcome, with odds at 99.9% YES. The market for May 6 also suggests…
UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks
Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain supports 10,000+ TPS to provide the machine-readable data required for Agentic AI. Within 2 years, 50% of the UAE…

































