Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout

BTC has recovered from Friday’s jobs-driven dip, but Enflux says overhead resistance remains intact while Glassnode’s market structure data suggests traders are buying the rally while still positioning for downside.

source https://www.coindesk.com/markets/2026/05/12/bitcoin-s-floor-looks-firmer-at-usd80-000-but-traders-still-don-t-trust-the-breakout

'I don’t think that’s crazy': Here is why Circle is betting on new $3 billion blockchain

The USDC stablecoin issuer is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though analysts still see it as speculative.

source https://www.coindesk.com/business/2026/05/11/i-don-t-think-that-s-crazy-here-is-why-circle-is-betting-on-new-usd3-billion-blockchain

Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

source https://www.coindesk.com/business/2026/05/08/kraken-parent-payward-seeks-fresh-funding-at-usd20-billion-valuation-ahead-of-potential-ipo

Bitcoin mining pools with 75% of BTC hashrate join open standard for block construction

Foundry, AntPool, F2Pool, SpiderPool, and MARA Pool are among seven pools joining the Stratum V2 working group, putting nearly three-quarters of global bitcoin hashrate behind a protocol that returns block construction decisions to individual miners.

source https://www.coindesk.com/markets/2026/05/11/bitcoin-mining-pools-with-75-of-btc-hashrate-join-open-standard-for-block-construction

XRP spikes 2.5%, beating bitcoin and ether, in breakout above $1.45

Sharp move through resistance came with one of the biggest volume spikes in weeks, though profit-taking quickly emerged near session highs.

source https://www.coindesk.com/markets/2026/05/11/xrp-spikes-2-5-beating-bitcoin-and-ether-in-breakout-above-usd1-45

A bitcoin whale that went silent in 2013 moves $40 million in BTC

A long-dormant whale woke up Sunday, moving millions worth of bitcoin on-chain.

source https://www.coindesk.com/markets/2026/05/11/a-bitcoin-whale-that-went-silent-in-2013-moves-usd40-million-in-btc

Policy at Consensus Miami: State of Crypto

This was a hectic week.

source https://www.coindesk.com/policy/2026/05/10/policy-at-consensus-miami-state-of-crypto