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Institutional Investment Surge Drives $700M Into Bitcoin Products
ByBD News Desk May 12, 2026

Bitcoin-focused investment vehicles have attracted an impressive $700 million in fresh capital as institutional players continue to increase their cryptocurrency exposure. The substantial inflow signals renewed confidence among traditional finance entities in digital asset markets. This wave of institutional money represents a significant vote of confidence in Bitcoin’s long-term prospects, particularly as investors seek alternatives…

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Crypto News

Ronin Network Plans Major Shift to Ethereum Layer 2 Infrastructure
ByBD News Desk May 12, 2026

Ronin, the blockchain network behind popular gaming ecosystems, has announced plans to migrate from its current independent sidechain architecture to become an Ethereum layer 2 solution. The transition represents a fundamental restructuring of the network’s technical foundation, aiming to address three critical areas: security enhancements, improved token economics, and greater scalability for users and developers….

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Crypto News

Strategy Acquires 535 BTC Worth $43M Following Stock Sale Despite Recent Sale Signals
ByBD News Desk May 12, 2026

Strategy has completed a substantial bitcoin acquisition totaling 535 BTC for approximately $43 million, marking a notable move in the company’s ongoing cryptocurrency accumulation strategy. The purchase comes just days after the firm indicated it might begin selling portions of its bitcoin holdings, creating an apparent contradiction in its strategic messaging. The corporation financed this…

Read More Strategy Acquires 535 BTC Worth $43M Following Stock Sale Despite Recent Sale Signals
Crypto News

Bitmine Dramatically Reduces ETH Acquisition Rate Despite Accumulating 1M Tokens in 2026
ByBD News Desk May 12, 2026

Tom Lee’s crypto investment firm Bitmine has significantly scaled back its ethereum purchasing activity, acquiring approximately 26,000 ETH over the past week according to recent data. This marks a substantial 74% decrease from the company’s previous weekly average of 100,000 tokens, signaling a potential shift in accumulation strategy. The slowdown comes after an aggressive buying…

Read More Bitmine Dramatically Reduces ETH Acquisition Rate Despite Accumulating 1M Tokens in 2026
Crypto News

Weekend Crypto Winners: SUI Leads Rally with Double-Digit Gains
ByBD News Desk May 12, 2026

The cryptocurrency markets saw notable movement over the weekend, with Sui blockchain’s native token emerging as the standout performer among major digital assets. SUI recorded an impressive 25% price increase from Friday through the weekend trading sessions, positioning it at the top of the performance charts for established cryptocurrencies. The rally demonstrates renewed investor interest…

Read More Weekend Crypto Winners: SUI Leads Rally with Double-Digit Gains
Crypto News

Neuberger Berman Invests $200M in Ripple’s Prime Platform Expansion
ByBD News Desk May 12, 2026

Blockchain payments company Ripple has secured a significant $200 million investment from Neuberger Berman, a major global investment management firm, according to an announcement made on Monday. The capital infusion is earmarked specifically for scaling Ripple Prime, the company’s institutional trading and settlement platform. This investment comes at a pivotal moment for Ripple Prime, which…

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Crypto News

Banking Industry Intensifies Opposition to Stablecoin Bill Before Key Senate Decision
ByBD News Desk May 12, 2026

The American Bankers Association has ramped up its campaign against pending stablecoin legislation, expressing concern that the proposed Clarity Act may trigger significant deposit withdrawals from traditional banking institutions. The banking lobby argues that without stricter restrictions on returns offered by stablecoin issuers, customers could rapidly shift funds away from conventional deposit accounts into digital…

Read More Banking Industry Intensifies Opposition to Stablecoin Bill Before Key Senate Decision
Crypto News

Traditional Finance’s Crypto Expansion Won’t Kill the Industry, Gate Executive Says
ByBD News Desk May 12, 2026

The Chief Business Officer at Gate has pushed back against fears that traditional finance institutions will destroy cryptocurrency’s fundamental nature, calling recent warnings from Bloomberg an incomplete view of market evolution. The executive emphasized that concerns about a so-called TradFi takeover oversimplify the complex dynamics at play in digital asset markets today. According to Gate’s…

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Crypto News

Anchorage Digital Withdraws from Stablecoin Coalition Backed by Major Exchanges
ByBD News Desk May 12, 2026

Anchorage Digital has announced its decision to distance itself from a stablecoin consortium supported by cryptocurrency exchanges Robinhood and Kraken. CEO and co-founder Nathan McCauley indicated that the firm is adopting a more neutral position regarding stablecoin initiatives moving forward. The move signals a strategic shift for Anchorage Digital, which operates as a federally chartered…

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Crypto News

Crypto Exchange Kraken Eyes $20B Valuation in Pre-IPO Funding Round
ByBD News Desk May 12, 2026

Payward, the parent company behind cryptocurrency exchange Kraken, is actively seeking new investment capital at a valuation of $20 billion as it prepares for an eventual initial public offering. The fundraising effort comes as the exchange accelerates its expansion strategy across multiple business verticals. The company is specifically channeling resources into growing its derivatives trading…

Read More Crypto Exchange Kraken Eyes $20B Valuation in Pre-IPO Funding Round
Crypto News

Circle Places Major Wager on Arc Blockchain as Future Infrastructure for Traditional Finance
ByBD News Desk May 12, 2026

Circle, the company behind the widely-used USDC stablecoin, is making a substantial investment in Arc, a blockchain platform valued at $3 billion that the payments giant believes could revolutionize how Wall Street handles transactions. The firm envisions Arc serving as the backbone infrastructure for both payment processing and the tokenization of traditional financial assets across…

Read More Circle Places Major Wager on Arc Blockchain as Future Infrastructure for Traditional Finance
Crypto News

Strategy’s Saylor Explains Bitcoin Strategy Amid Criticism of Purchase Timing
ByBD News Desk May 12, 2026

Michael Saylor, the prominent Bitcoin advocate behind Strategy’s massive digital asset accumulation, recently addressed mounting questions about the company’s approach to its cryptocurrency holdings. In a conversation with industry observers, Saylor defended Strategy’s consistent Bitcoin acquisition pattern against critics who claim the company routinely purchases at weekly price peaks. The executive dismissed concerns about market…

Read More Strategy’s Saylor Explains Bitcoin Strategy Amid Criticism of Purchase Timing