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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

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

Blackrock IBIT Drives Inflows as Bitcoin ETFs Post $163M Weekly Gains

A volatile week in crypto exchange-traded funds (ETFs) ended on a strong note for bitcoin, where a late surge in inflows reversed an otherwise weak start. Ether, meanwhile, extended its cautious trend, while XRP and Solana remained largely subdued with marginal outflows. Key Takeaways: Bitcoin ETFs logged $162.8M inflows, boosted by Blackrock IBIT’s $136.6M. Ether […] from Bitcoin News https://ift.tt/2mNBQaJ

New Politico Poll Reveals US Voter Skepticism Over AI and Crypto Campaign Cash

Deep-pocketed political groups tied to artificial intelligence (AI) and cryptocurrency are rapidly reshaping the midterm money landscape, but many Americans remain uneasy with the industries behind the spending. Key Takeaways: Fairshake and Leading the Future have deployed over $100 million to influence the 2026 midterm election outcomes. A Politico poll found 45% of Americans view […] from Bitcoin News https://ift.tt/DZI8rfV

A ‘Generational Play’ Arises Amid Economic Fury – Week In Review

This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key Takeaways: Tether froze record USDT as U.S. seized $500M from Iran, putting […] from Bitcoin News https://ift.tt/JexV1Ed

Blackrock and Circle Lead Tokenized Treasuries as Market Value Climbs to $15.20B

At the outset of May, the total market valuation of tokenized U.S. Treasuries sits at $15.20 billion, following $1.06 billion in added value over the past 30 days. Among 71 distinct assets tracked by rwa.xyz, the average annual percentage yield ( APY) registered at 3.36% over the past week. Key Takeaways: rwa.xyz data shows tokenized […] from Bitcoin News https://ift.tt/Q2ZG7xs