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Strategy’s pause in its Bitcoin purchase drew criticism, ranging from its alleged weakening conviction in the asset to missing out on BTC’s Monday rally. One of its top officials’ recent “iPhone moment” comment on STRC also generated a mixed response from the crypto community. Crypto market sentiment has significantly recovered as Bitcoin (BTC) touched the $80K mark on early Monday morning (UTC). However, Strategy’s (formerly MicroStrategy) announced pause in its purchases of the premier digital asset has raised doubts about whether the market is already on its way out of a bearish cycle. No Bitcoin Purchase for Strategy This Week…

Rakuten Wallet just flipped the switch on XRP. Users can now spend the token at over 5 million merchant locations across Japan through the Rakuten Pay network. It’s one of the biggest real-world crypto rollouts the country has seen. The wallet app now lets people convert their Rakuten Points—the loyalty currency that pretty much every Japanese shopper has—straight into XRP. From there, they can trade it, hold it, or spend it. Rakuten Cash can also be charged through the wallet, which means users basically have a bridge between traditional reward points and actual cryptocurrency. A Ripple executive flagged the integration…

Mark Zuckerberg held a company town hall on April 30 to address Meta employees directly about the layoffs. It was the first time he had spoken to staff about the cuts since Reuters first reported the plan in March. What he said did not reassure them. And what he did not say may have worried them even more. What Zuckerberg told Meta employees about layoffs Zuckerberg was direct about why the layoffs are happening. “We basically have two major cost centers in the company: compute infrastructure and people-oriented things,” he said in the session. “If we’re investing more in one…

MUMBAI: The International Financial Services Centres Authority (IFSCA) has asked funds in GIFT City to hold off on action after a Reserve Bank of India (RBI) FAQ triggered confusion over their regulatory status.In a circular issued on Friday, the GIFT City regulator said the RBI clarification is being discussed with the central bank and directed financial institutions in the jurisdiction to await further instructions from IFSCA.The uncertainty stems from a 25 March RBI FAQ stating that entities operating in the GIFT International Financial Services Centre (IFSC) must file annual Foreign Liabilities and Assets (FLA) returns if they receive foreign investment…

Crypto onramping solution Fun has raised a $72 million Series A funding round co-led by Multicoin Capital and SignalFire, according to an announcement on Friday. The funding will help support the “deliberately small, engineering-led team,” including a push into the Asia-Pacific region with a new Singapore office, and through potential acquisitions. Founded in 2022, Fun provides background infrastructure to move value across blockchain rails, and powers the deposits, withdrawals, and settlement flows of some of crypto’s leading apps, including prediction market Polymarket, decentralized perps DEX Lighter, and lending protocol Aave. “Fun is focused on a simple but foundational problem: removing…

Donald Trump declares the Strait of Hormuz “100% shut down,” but markets rally as oil prices drop on diplomatic signals. Iran sends a fresh proposal via Pakistan, triggering a sharp pullback in crude prices. Chevron CEO warns oil markets remain fragile, with supply risks persisting despite easing prices. President Donald Trump has just announced that the Strait of Hormuz is “100% shut down.” Despite the statement, markets remain positive, with the total crypto market cap rising 2.1% over the last 24 hours to $2.68 trillion. Iran has already sent a fresh proposal to mediators, and oil prices have fallen fast.…

Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level. This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas. MSTR climbed above $180 per share during Friday’s session, building on a prior close near $165. The move tracked Bitcoin’s intraday advance, which pushed BTC to $78,961 as of Friday afternoon, according to Bitcoin Magazine Pro data. The rally is building up a welcome reprieve for MSTR investors who have endured a brutal stretch — the stock remains down more…

The AI mining platform SHRMiner recently made a prominent appearance on the digital giant screen at Piccadilly Circus in London, bringing AI cloud mining, Bitcoin cloud mining, automated crypto mining, and Web3 yield tools into the public spotlight. As more users seek simpler ways to participate in crypto mining, cloud mining is emerging as a vital gateway within the digital asset industry. Unlike traditional mining, users can now explore and engage in Bitcoin cloud mining services via online platforms without the need to purchase mining rigs, configure hardware, or incur complex maintenance costs. According to SHRMiner, the platform is headquartered…

When Rayls opened its public mainnet on April 30, 2026, it did so with a roster that most blockchain projects spend years assembling. The Layer 1 chain, built by Parfin (core developer of Ralys), went live recently, and was preceded by Tether made a strategic investment in Parfin, the core developer of Rayls. That backing sits alongside Rayls’ inclusion in Mastercard’s Crypto Partner Program, a J.P. Morgan Kinexys deployment and a $1 billion partnership agreement with AmFi – all secured within the 18 months preceding launch. The institutional momentum behind the chain reflects a broader shift in how large financial…

The cryptocurrency industry has evolved into a fast-paced, data-driven environment where information is both abundant and time-sensitive. From tracking token performance to analyzing blockchain trends and discovering new platforms, users must process large volumes of data quickly and accurately. Artificial intelligence is playing a crucial role in simplifying these tasks. By automating research, summarizing insights, and assisting with decision-making, AI is becoming an essential tool for crypto enthusiasts, investors, and developers alike. However, as with many tech-driven industries, the growing number of AI tools has introduced a new challenge—fragmentation. The Problem: Too Many Tools, Not Enough Efficiency Crypto users often…