Global cryptocurrency exchange Coinbase has reduced its workforce by approximately 14%, a restructuring effort that CEO Brian Armstrong stated is necessary to …
Joseph Rees
-
-
Bitcoin
Aave Challenges $71M Freeze, Seeking Fast Ruling to Restart Restitution for Users
by Joseph Reesby Joseph ReesKey Takeaways: Aave filed a May 4 motion to vacate a court order freezing $71 million in ETH recovered from a recent …
-
Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. Restructuring costs are estimated at $50 million to …
-
Bitcoin
Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC
by Joseph Reesby Joseph ReesKey Takeaways: Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized bitcoin losses. Revenue increased 11.9% …
-
Bitcoin
Triple Win for Bitcoin ETFs With $532M Inflow While Ethereum Adds $61M
by Joseph Reesby Joseph ReesKey Takeaways: U.S. bitcoin spot ETFs recorded $532M in net inflows, their third consecutive positive day. U.S. ethereum spot ETFs added $61.29M, …
-
Bitcoin
Hyperliquid Whale Bets $1.31M on TON at 6x Leverage as Bitcoin Eyes Fresh Highs
by Joseph Reesby Joseph ReesKey Takeaways: A new Hyperliquid wallet opened a 6x TON long worth $1.31M on May 5, with a $1.42 liquidation price. The …
-
Bitcoin
Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13 – Bitcoin News
by Joseph Reesby Joseph ReesKey Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the next week. Moex will weigh …
-
Bitcoin
UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks
by Joseph Reesby Joseph ReesKey Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain supports …
-
Bitcoin
Crypto Influencer Claims Binance to Relaunch in the Philippines via ‘Backdoor’ in June 2026
by Joseph Reesby Joseph ReesGlobal cryptocurrency exchange Binance is allegedly preparing to legally re-enter the Philippine market by June 2026 through a local entity, according to …
-
Bitcoin
Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields
by Joseph Reesby Joseph ReesKey Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly cash dividends, public-market access, and …
