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Polygon Unveils Private Stablecoin Payments to Lure Traditional Finance

The solution, which uses zero-knowledge proofs to verify every transfer, will allow companies moving large volumes to maintain the secrecy of these movements, improving transaction confidentiality. The system implementation encompasses KYT screening from regulators. Key Takeaways: Polygon partnered with Hinkal to launch a ZKP-powered private payment solution for USDC and USDT. Polygon claims this release […] from Bitcoin News https://ift.tt/lEZYQqT
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Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap

Bitcoin surged past the $81,000 milestone for the first time in months, reaching an intraday peak of $81,714. Despite brief periods of volatility, the cryptocurrency maintained strong support above $81,500, marking a 7% weekly gain. Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally […] from Bitcoin News https://ift.tt/p5lMhZ3
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A16z Crypto Unveils $2.2 Billion Fund to Build the ‘Next Wave’ of Financial Innovation

The funds will focus on supporting founders who build solutions around crypto, including payments, financial services, creator platforms, and decentralized infrastructure, which produce lasting value by turning solutions into usable products. Key Takeaways: A16z Crypto launched its $2.2B Crypto Fund 5 to help startups build the next era of financial tech. Chris Dixon noted stablecoins […] from Bitcoin News https://ift.tt/4qAv8gQ
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Cryptoquant: BTC Dominance to Persist Until ETH Spot Demand Catches Up

Bitcoin and ether are recovering on fundamentally different supply and demand structures in 2026, according to a new Cryptoquant analysis. The divergence is now a key signal for whether a broader altcoin rally will follow. Key Takeaways: Cryptoquant analysts find that BTC and ETH have exhibited markedly diverging supply-demand structures throughout April 2026. Bitcoin dominance […] from Bitcoin News https://ift.tt/VwB1ANU
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NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene

A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi and Polymarket, putting the unions in direct opposition to the leagues that have signed commercial deals with the same platforms. Key Takeaways: Player unions for […] from Bitcoin News https://ift.tt/uqGvfDW
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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 […] from Bitcoin News https://ift.tt/dARxQg0
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UAE Intercepts Missiles as Bitcoin Surges Past $80K, Triggering $270M Liquidations

On May 4, bitcoin reclaimed the $80,000 threshold, hitting a three-month high of $80,617 and pushing its market cap past $1.6 trillion. Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto winter. Volatility caused $554 million in liquidations as Brent crude hit $115 amid […] from Bitcoin News https://ift.tt/N3LGIdk
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