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Traders Push Bitcoin Back Above $73,000 After $352M Liquidation Sweep

Coins Legend May 28, 2026 0

A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its May 25 peak of $78,000. Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly

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After 2,093 Hours in the Dark: Iran Partially Restores Internet Following 88-Day Blockade

Coins Legend May 28, 2026 0

The partial restoration of the service comes after one of the largest internet blockades of this kind, starting after the first strikes of the U.S.-Israel coalition against the Iranian regime. The move comes after Iranian President Masoud Pezeshkian ordered the restitution on Monday. Iran Breaths Internet Again, Although With Partial Filters Iran has restored partial […]

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Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026

Coins Legend May 28, 2026 0

Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million). Samsung Units to Acquire 4% Stake in Upbit Operator Dunamu Samsung Securities, Samsung SDS, and Samsung Card announced the deal on May 28, 2026, according to […]

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When Cake Wallet Outgrows its Limits: Enabling Swaps With ChangeNOW

Coins Legend May 28, 2026 0

Scaling Under Growing User Demand Cake Wallet was founded in 2018 as a privacy-first crypto application. The product started as an iOS-only, Monero-only side project built around Monero, a blockchain network designed for complete transaction anonymity. At launch, the ecosystem lacked supporting infrastructure despite growing demand. Cake Wallet addressed a clear market

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XRP Sheds Nearly 6% Weekly as Traders Rotate Into XLM After DTCC Partnership

Coins Legend May 28, 2026 0

A broader cryptocurrency market rout dragged XRP down to a multiweek low of $1.265 before it stabilized at $1.29, shedding 3.2% of its value in 24 hours and pushing its market cap below $80 billion. XRP Hits Multiweek Lows XRP plunged Thursday, May 28, to its lowest level since early April amid a cryptocurrency market […]

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Traders Watch BTC Slip Below Key Moving Averages as Bears Put Pressure on $73K

Coins Legend May 28, 2026 0

Bitcoin held a narrow intraday range of $72,622 to $76,047 on Thursday, as bears maintained structural control across multiple timeframes. Price action on the 1-hour, 4-hour, and daily charts all pointed to a market searching for directional conviction near multi-week lows. Bitcoin Chart Outlook The 1-hour chart showed bitcoin consolidating around $73,000 after buyers

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Someone Tested a 1997 Processor and Proved That Just 128 MB of RAM Is Enough to Run AI

Coins Legend May 28, 2026 0

How did EXO Labs get a lightweight Llama 2 running on a 1997 Pentium II with just 128 MB of RAM? By leaning on BitNet’s ternary-weight approach (-1, 0, 1), the team showed the model could respond, slowly, underscoring that software optimization, not new silicon, can unlock surprising headroom on legacy machines. EXO Labs just […]

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Strive Buys 1,109 Bitcoin as Treasury Rises to 16,500 BTC

Coins Legend May 28, 2026 0

Strive bought 1,109 bitcoin last week, raising its total holdings to 16,500 BTC and strengthening its place among major public corporate holders. The company is also reviewing new capital-raising tools as it prepares to expand its bitcoin-linked treasury strategy. ASST Climbs 133% as Strive Expands Bitcoin Treasury With $85M Addition Strive has added over 1,000 […]

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US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse

Coins Legend May 28, 2026 0

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran.

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The Future of Bitcoin Mining Is Bigger Than Bitcoin

Coins Legend May 28, 2026 0

With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]