Monday, May 4, 2026

XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus

High-volume breakdown reset positioning, but compression between $1.38–$1.44 now points to a larger move.

source https://www.coindesk.com/markets/2026/05/05/xrp-slips-below-usd1-40-on-heavy-volume-tightening-range-puts-breakout-in-focus

Bitcoin tests $80,000 as Asia’s bid fades and Hong Kong AI IPOs surge

Western desks are carrying the bitcoin rally alone, with Friday’s jobs report the next test.

source https://www.coindesk.com/markets/2026/05/05/bitcoin-tests-usd80-000-as-asia-s-bid-fades-and-hong-kong-ai-ipos-surge

GameStop's $55.5 billion eBay takeover bid puts its $368 million bitcoin stash in the crosshairs

The video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the expansion.

source https://www.coindesk.com/business/2026/05/04/gamestop-s-usd55-5-billion-ebay-takeover-bid-puts-its-usd368-million-bitcoin-stash-in-the-crosshairs

Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI

A new $200 million, 364-day bitcoin-backed facility replaces the Coinbase Credit arrangement, cutting debt costs by 200 basis points.

source https://www.coindesk.com/markets/2026/04/28/hut-8-swaps-coinbase-credit-line-for-cheaper-falconx-deal-slashing-borrowing-costs-as-it-bets-big-on-ai

XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus

High-volume breakdown reset positioning, but compression between $1.38–$1.44 now points to a larger move. source https://www.coindesk.com/m...