๐
$KAITO, $SENT, $SAHARA, $CAKE, $TOSHI, $AKT, $VET, $ANIME, $THETA, $ZK, $KERNEL, $BARD delisted from Coinbase futures
๐ Last time it turned, #BTC ran from $58K to $80K in 35 days. Today it sits at $81,500 with negative funding and ETF inflows accelerating.
Real on-chain capital is signaling. Most charts are still arguing about candles.
Real on-chain capital is signaling. Most charts are still arguing about candles.
๐ Top 5 News for 24 Hour:
1. Four wallets linked to ParadigmCapital deposit $27.29M ETH into FalconX. โ
๐ 249 | โค๏ธ 0 | ๐ 4
2. ZachXBT accuses LAB founder of market manipulation. โ
๐ 184 | โค๏ธ 0 | ๐ 4
3. Matrixport-linked wallet deposits $17.3M $HYPE into HyperLiquid, sells $HYPE for $USDC โ
๐ 265 | โค๏ธ 0 | ๐ 3
4. Crypto market sentiment shifts as analysts predict price recovery. โ
๐ 290 | โค๏ธ 2 | ๐ 2
5. Grayscale rebalances funds, adds ENA, removes AERO. โ
๐ 214 | โค๏ธ 0 | ๐ 3
| | |
1. Four wallets linked to ParadigmCapital deposit $27.29M ETH into FalconX. โ
๐ 249 | โค๏ธ 0 | ๐ 4
2. ZachXBT accuses LAB founder of market manipulation. โ
๐ 184 | โค๏ธ 0 | ๐ 4
3. Matrixport-linked wallet deposits $17.3M $HYPE into HyperLiquid, sells $HYPE for $USDC โ
๐ 265 | โค๏ธ 0 | ๐ 3
4. Crypto market sentiment shifts as analysts predict price recovery. โ
๐ 290 | โค๏ธ 2 | ๐ 2
5. Grayscale rebalances funds, adds ENA, removes AERO. โ
๐ 214 | โค๏ธ 0 | ๐ 3
| | |
๐ Coinbase Reports $394 Million Net Loss as Q1 Revenue Falls 31%
According to Bloomberg, Coinbase reported a net loss of approximately $394 million in the first quarter of 2026, compared to net income of $66 million a year earlier. Revenue fell 31% year-over-year to $1.41 billion, following a 20% decline in the previous quarter, as weaker crypto prices and lower trading activity impacted results.
Coinbase also announced plans to cut about 14% of its workforce, with restructuring costs expected to reach up to $60 million. Additionally, Morgan Stanley has launched lower-fee crypto trading on its E*Trade platform, potentially increasing competitive pressure on crypto exchanges.
According to Bloomberg, Coinbase reported a net loss of approximately $394 million in the first quarter of 2026, compared to net income of $66 million a year earlier. Revenue fell 31% year-over-year to $1.41 billion, following a 20% decline in the previous quarter, as weaker crypto prices and lower trading activity impacted results.
Coinbase also announced plans to cut about 14% of its workforce, with restructuring costs expected to reach up to $60 million. Additionally, Morgan Stanley has launched lower-fee crypto trading on its E*Trade platform, potentially increasing competitive pressure on crypto exchanges.
Media is too big
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๐ Andrew Isaacs at Consensus with CEO Yana Prikhodchenko focused on launching NEYRO, a non-custodial agentic trading platform.
It allows users to run AI trading agents while maintaining full custody of their funds.
It allows users to run AI trading agents while maintaining full custody of their funds.
๐บ๐ธโ๏ธ Federal trade court rules President Trump's 10% global tariffs unlawful. #regulation
๐บ๐ธ๐ฃ Robinhood CEO Vlad Tenev states that the US is very close to passing the Crypto Clarity Act to ensure American dominance in digital finance.
๐ฅ1
๐ฝ Jack Dorseyโs Blocks made $1.7B in Q1 2026 from CashAppโs Bitcoin Ecosystem.
- Blocks SEC Filing #regulation
- Blocks SEC Filing #regulation
๐ Founded by the DefiLlama Team, Crypto Media Outlet DL News to Shut Down at the End of May
DL News announced it will shut down at the end of May due to challenges in building a sustainable crypto media business. The company cited declining media traffic, adverse search and content distribution conditions influenced by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. Layoffs began in mid-April, and staff were informed on May 1 that operations would cease by month-end.
DL News announced it will shut down at the end of May due to challenges in building a sustainable crypto media business. The company cited declining media traffic, adverse search and content distribution conditions influenced by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. Layoffs began in mid-April, and staff were informed on May 1 that operations would cease by month-end.
๐ค Vitalik Buterin: Cryptocurrency Originated From Crazy Things
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video published by Cointelegraph that just as the early internet grew because of porn, crypto's early expansion through crazy events was acceptable.
However, he believes that since the crypto ecosystem is now widely recognized, blind expansion is no longer an automatic good. The industry needs a philosophical shift: instead of merely pursuing technologies like blockchains, builders should focus on achieving specific properties to build the right things.
On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video published by Cointelegraph that just as the early internet grew because of porn, crypto's early expansion through crazy events was acceptable.
However, he believes that since the crypto ecosystem is now widely recognized, blind expansion is no longer an automatic good. The industry needs a philosophical shift: instead of merely pursuing technologies like blockchains, builders should focus on achieving specific properties to build the right things.
๐บ๐ธ๐ฃ President Trump says the US has a lot of oil and is not facing any energy crisis.
๐ซ๐ท๐ Tom Lee: Ethereum Is the Best-Performing Asset Since the War Started
BitMine Chairman Tom Lee stated at Paris Blockchain Week 2026 that Ethereum has outperformed all assets since the Middle East crisis began, exceeding energy stocks and beating the S&P 500 by nearly 20 percentage points.
He noted that if markets can endure the crisis and the U.S. economy remains resilient despite rising oil prices, the crypto bull market could extend into 2028. Lee emphasized that Ethereum is experiencing significant consolidation, with tokenization and agentic AI expected to drive the next rally, including stablecoins, tokenized stocks, tokenized reputation systems, and AI payment demand. #stablecoin
BitMine Chairman Tom Lee stated at Paris Blockchain Week 2026 that Ethereum has outperformed all assets since the Middle East crisis began, exceeding energy stocks and beating the S&P 500 by nearly 20 percentage points.
He noted that if markets can endure the crisis and the U.S. economy remains resilient despite rising oil prices, the crypto bull market could extend into 2028. Lee emphasized that Ethereum is experiencing significant consolidation, with tokenization and agentic AI expected to drive the next rally, including stablecoins, tokenized stocks, tokenized reputation systems, and AI payment demand. #stablecoin