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Why is GameStop's stock crashing again, and what's the fate of its crypto holdings?
GameStop Corp. (NYSE: GME) is falling again because its new plan is not small nor easy to finance. The retailer wants to buy eBay Inc. (NASDAQ: EBAY) in a cash-and-stock deal worth about $56 billion, while GameStop itself is worth less than $12 billion. That is why traders are not treating this like a clean...
Cryptopolitan
Mon, May 4
Palantir beats earnings with $1.63 billion in revenue as adjusted EPS hits $0.33
Palantir Technologies (PLTR) beat Wall Street’s first-quarter expectations on Monday, reporting $1.633 billion in revenue and adjusted EPS of $0.33. Analysts tracked by LSEG had expected $1.54 billion in revenue and $0.28 in adjusted earnings per share, so the company cleared both numbers. Palantir’s overall sales rose 85% year over year and 16% from the...
Cryptopolitan
Mon, May 4
Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation
The Bitcoin weekly chart is sitting at a crossroads. The price is pushing against a resistance zone between $78,000 and $80,000 — a level that analysts say could determine whether the market shifts direction or slides further down. Related Reading: XRP Bulls Eye Breakout As Ripple Unveils 13,000 Ban...
NewsBTC
Mon, May 4
Binance Tokenized Gold Reserves Grew 344% In 15 Months – Crypto Investors Are Quietly Moving Into Gold
The crypto market has been struggling for months — declining prices, persistent uncertainty, and a macro environment that has made risk assets difficult to hold. In that context, the behavior of participants on the world’s largest exchange has quietly told a story that the price charts have no...
Bitcoinist
Mon, May 4
Colorado retreats from sweeping AI bias law in shift toward lighter-touch rules
Colorado lawmakers are moving to roll back a landmark artificial intelligence law before it ever takes effect, underscoring how difficult it has been for U.S. regulators to sustain broad oversight of rapidly evolving technology. A bill introduced in the state legislature would repeal and replace the 2024 measure signed by Governor Jared Polis, scaling back...
Cryptopolitan
Mon, May 4
Bitcoin Price Rally Could Trigger 20% Push for Dogecoin, Here’s When
Bitcoin’s recent weekend breakout above a key resistance level has set a potential blueprint for Dogecoin, with analysts pointing to a 25% move for DOGE if the meme coin can replicate BTC’s feat in the coming days. Related Reading: Satoshi’s 22,000 Wallets Could Make Quantum Attacks On B...
NewsBTC
Mon, May 4
Aave moves to unfreeze $73 million in ETH as court battle complicates Kelp DAO recovery
Aave LLC is asking a U.S. federal court to lift a restraining order that has frozen roughly $73 million in Ether (ETH) recovered after the Kelp DAO exploit. In an emergency motion filed on May 4 in the U.S. District Court for the Southern District of New York, the lending protocol said the funds should...
Cryptopolitan
Mon, May 4
Solana Ecosystem Boom: Network Sees Massive Growth In Stablecoin Active Users
Despite its persistent sideways price action, the attention around the Solana network is steadily building once again. The network continues to demonstrate its position as a hub for on-chain finance operations as stablecoin adoption accelerates across the leading blockchain. Stablecoin Adoption On T...
Bitcoinist
Mon, May 4
China, Indonesia have launched a QR payment system that skips the US dollar
China and Indonesia have created a shared QR code payment system, allowing shoppers in both countries to pay with their own money, eliminating the need for a dollar. The initiative is part of a bigger Chinese effort to integrate Southeast Asian economies and undercut the US dollar’s influence in global trade. According to the new...
Cryptopolitan
Mon, May 4
DTCC Tokenized Securities Roadmap: Pilot In July, Scale Up In October—With Big Names Like Ripple
The Depository Trust & Clearing Corporation (DTCC) said Monday it has reached new progress and clarified timelines for delivering its tokenization service—an initiative aimed at bringing tokenized real-world securities into the same infrastructure used by the US capital markets today. Two-Phase ...
NewsBTC
Mon, May 4
Fed's Williams says the U.S. economy is entering a more uncertain phase
New York Federal Reserve President John C. Williams said the U.S. economy is entering a more uncertain phase, with risks increasing on both sides of the Federal Reserve’s dual mandate, which is to keep inflation under control while sustaining a strong labor market. “Right now, the future is difficult to see, and the risks to...
Cryptopolitan
Mon, May 4
Ethereum Price Forecast: BitMine adds 101K ETH as Tom Lee says crypto spring has commenced
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) stepped up its accumulation of the top altcoin last week, acquiring 101,745 ETH.
Ethereum
Fxstreet
Mon, May 4
Payward, Kraken's parent company escalates $25M fraud with former partner, CEO
Payward, the parent company of crypto exchange Kraken, filed a second amended complaint today, May 4, 2026, alleging that former custody partner Etana and its CEO Dion Brandon Russell misappropriated over $25 million in customer reserve funds through what the filing called a “Ponzi-like” scheme. The lawsuit, which was filed in the U.S. District Court...
Cryptopolitan
Mon, May 4
Does The Ethereum 300% Boost In Capacity Mean Price Can Rise 3x To $6,000?
The upcoming Ethereum scaling upgrade is drawing attention across the market, raising a critical question about whether a major leap in network capacity can translate into equally strong price growth. The idea sounds straightforward, but the relationship between infrastructure and valuation is rarel...
NewsBTC
Mon, May 4
Hong Kong woman loses $153,240 in WeChat crypto scam
Hong Kong police said on Monday that a woman in her 40s lost HK$1.2 million or ~US$153,240 to a crypto investment scam that was set up through WeChat.
Cryptopolitan
Mon, May 4
Moscow Exchange to add indices for another four cryptocurrencies
The main market for stocks in Russia, the Moscow Exchange (MOEX), will launch indices for another four cryptocurrencies this month, including those of Ripple and Binance. The platform already publishes indices for Bitcoin and Ethereum and plans to expand the list further by adding altcoins like Dogecoin and Cardano. It uses the indices to issue...
Cryptopolitan
Mon, May 4
What The Sharp Drop In The Coinbase Bitcoin Premium Means For The BTC Price
Analysts are linking the recent BTC price action to fluctuations in the Coinbase Premium, a metric that tracks Bitcoin’s demand by comparing prices on Coinbase with those on other major crypto exchanges. New reports show that the massive Bitcoin price rebound in April coincided with a rise in the Co...
Bitcoinist
Mon, May 4
Monero price prediction 2026-2032: Should you buy XMR now?
Key takeaways: Monero (XMR) stands out in the crypto space for its strong focus on privacy and decentralization of transactions, particularly within the monero network, making it one of the leading privacy focused cryptocurrencies. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant...
Cryptopolitan
Mon, May 4
Kalshi has implemented new techniques to keep minors off its website
Prediction Market Platform Kalshi has implemented new techniques to keep minors off its website. This comes after years of ignoring a common loophole in which young people used their parents’ identities to sign up. The announcement was made by CEO Tarek Mansour at the Semafor World Economy Summit. Resolving this issue has severe financial and...
Cryptopolitan
Mon, May 4
DTCC assembles a working group to develop its new tokenization service
The Depository Trust & Clearing Corporation (DTCC) received a No-Action Letter from the SEC last year, clearing it to operate a tokenization service for three years. DTCC is building its tokenization service with a working group of over 50 major financial firms, including digital asset issuers, brokerages, banks and many more. What is the DTCC...
Cryptopolitan
Mon, May 4
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