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Joseph Rees

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Bitcoin

Binance Launches ‘Withdraw Protection’ as Crypto Wrench Attacks Rise 75%

Joseph Rees -
Key Takeaways: Binance launched ‘Withdraw Protection’ on May 4, offering users a provision to block outgoing transfers for 1–7 days. ...
Bitcoin

Coinbase Lays Off Hits Southeast Asia Growth Teams as Company Slashes 14% Workforce

Joseph Rees -
Global cryptocurrency exchange Coinbase has reduced its workforce by approximately 14%, a restructuring effort that CEO Brian Armstrong stated is necessary to transition...
Bitcoin

Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits

Joseph Rees -
Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent deposit flights. Eleanor Terrett notes big...
Bitcoin

Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries

Joseph Rees -
Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s...
Bitcoin

Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap

Joseph Rees -
Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered...
Bitcoin

Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward

Joseph Rees -
Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged...
Bitcoin

Massive $1.9 Million Loss Nukes 11 Winning Bitcoin Trades for Whale

Joseph Rees -
Key Takeaways: Wallet 0x004e closed a 700 BTC short on May 5, booking a $1.94M loss on a single trade. ...
Bitcoin

Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access

Joseph Rees -
Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered...
Bitcoin

Crypto Influencer Claims Binance to Relaunch in the Philippines via ‘Backdoor’ in June 2026

Joseph Rees -
Global cryptocurrency exchange Binance is allegedly preparing to legally re-enter the Philippine market by June 2026 through a local entity, according to claims...
Bitcoin

Prediction Market Traders Push April 2026 Volume to $8.6B, Kalshi Takes the Lead – Bitcoin News

Joseph Rees -
Key Takeaways: Kalshi posted $5.42B in April 2026 taker volume, surpassing Polymarket’s $1.99B for the first time. Polymarket collected $29.22M in April...
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