Swan Bitcoin faces a $970 million lawsuit for allegedly using privileged information to withdraw assets from Prime Trust before its bankruptcy. The PCT Litigation Trust claims approximately 11,994 BTC, $24.66 million in cash, $5 million in stablecoins, and 91,144 XRP withdrawn months before the collapse.
Bitcoin fluctuated between $76,200 and $77,245, ultimately stabilizing around $76,750. Despite the daily volatility (up 0.7%), it remained down nearly 5% for the week, holding a market cap of $1.54 trillion.
Bernstein remains bullish on Bitcoin mining firms like IREN, Riot, and CleanSpark, who are all riding the wave of AI compute demand.
Bitcoin has lost the $80,000 level as selling pressure and market uncertainty combine to test the resilience of a recovery that had been building since the April lows. The breakdown is significant, and XWIN Research Japan has published a structural analysis that places the current weakness in a context that goes considerably deeper than a technical support level failing to hold.
Bitcoin whales increase holdings as BTC drops to $76K, while retail traders show fear and rising selling pressure.
Spot Bitcoin exchange-traded funds (ETFs) experienced a net outflow of $649 million in a single day. The average weekly spot volume of the top 10 crypto assets decreased to $80 billion in 2026. Open interest in Bitcoin contracts surged from $16 billion to $20 billion during the analyzed period.
Bitcoin has still not regained its historic highs, but speculation about the next ATH is picking up again. A new analysis based on previous BTC cycles estimates that a record above $120,000 remains possible in the coming months.
Canaan recorded a net loss of $88.7 million in Q1 2026, reporting total revenues of $62.7 million. A drop in Bitcoin's price and a $25 million inventory write-down dragged equipment sales down 75% from the previous quarter. The company projects revenues of between $35 and $45 million for Q2, implying another sequential contraction.
Alert on the blockchain! The Bitcoin network has officially crossed the milestone of fewer than 100,000 blocks remaining before the 2028 Halving.
Lolli, the bitcoin rewards platform owned by Thesis*, has partnered with Kard to let its more than 600,000 users earn bitcoin automatically on everyday card purchases without browser extensions, promo codes, or checkout changes.
Imagine risking $1,000 on Bitcoin (BTC) during the May 19, 2021, crash, which caused the asset to plunge more than 30% to a low of about $30,316. As of May 19, 2026, you would be sitting on an unrealized gain of more than 150%.
Bitcoin has slipped below the 100,000-block mark to its next halving, putting the fifth reward cut on track for around mid-2028 at block 1,050,000 and setting up the first full halving cycle dominated by spot ETFs.