by Michael
Key TakeawaysBitcoin fell below $77,000, triggering $657M in liquidations, $584M of which came from long positions in 24 hours.Whale trader Machi Big Brother was liquidated during the crash and immediately opened a new 25x ETH long on 1,825 ETH worth $3.87M.The... 
by Michael
Key TakeawaysAMGI Studios integrated the HOOLI token launch and May 18 airdrop into a 30-episode series finale.The My Pet Hooligan franchise surpassed 600,000 Epic Games Store downloads with this Web3 model.HOOLI holders will gain early access to upcoming AI... 
by Michael
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key... 
by Michael
Key TakeawaysBitget AI disclosed that it crossed 1 million users and $1.2 billion in trading volume across 58 tools as of mid-May 2026.CEO Gracy Chen signals Bitget is shifting from AI chat features to full execution, targeting an agent-native exchange model.AI... 
by Michael
Key TakeawaysIn Dubai, a U.S., UAE, and China coalition dismantled nine pig butchering scam centers, arresting 276 suspects.These scams cost $75B globally since 2020, though the FBI saved $500M in 2024 via Operation Level Up.China’s Ministry of Public Security hinted... 
by Michael
Key TakeawaysAuthorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency.IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced.Following a May 2026 raid,... 
by Michael
Key TakeawaysAuthorities alleged attackers used delivery disguises to gain entry into victims’ homes.Prosecutors said a victim transferred approximately $6.5 million during a gunpoint robbery.Federal charges include robbery, kidnapping, and conspiracy counts carrying... 
by Michael
Key TakeawaysGarlinghouse said XRP stands out for its speed, low costs, and scalability.Ripple’s CEO highlighted three-to-five-second settlement and more than 4 billion processed transactions.Community support and payment-focused utility remain central to Ripple’s... 
by Michael
Key TakeawaysKiyosaki linked bitcoin ownership to inflation protection, debt concerns, and weakening fiat currencies.His outlook includes BTC at $250,000, alongside higher gold and silver targets.Entrepreneurs may need advisers, discipline, and hard assets as currency... 
by Michael
Key TakeawaysBacked by a $25M Tether round, Oobit launched its crypto payment card in Colombia, its 9th market.In Brazil’s massive crypto economy, Oobit users average 20 transactions per month, mostly using USDT.Following large growth in the region, Oobit CEO Amram... 
by Michael
Key TakeawaysIran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue.Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators.The... 
by Michael
Key TakeawaysThis week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing.Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following the interview with... Translate »
