News

Bitcoin Holds Above $81,500 as $135M in Leveraged Crypto Positions Get Liquidated

Coins Legend May 11, 2026 0

After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week,

News

Adam Back Joins Capital B’s €15.2M Round to Expand Bitcoin Holdings

Coins Legend May 11, 2026 0

Capital B, a European bitcoin treasury company listed in Paris, raised €15.2 million on May 11, 2026, through a private placement backed by institutional investors, including Blockstream CEO Adam Back and French asset manager TOBAM. Capital B Closes €15.2M Round to Grow Bitcoin Treasury Toward 15,000 BTC Target According to the announcement, the firm sold […]

News

Crypto Funds Pull In $857.9M Last Week as CLARITY Act Markup Lifts

Coins Legend May 11, 2026 0

Digital asset investment funds recorded $857.9 million in weekly inflows last week, with bitcoin accounting for $706.1 million of those gains, as growing optimism over the U.S. Senate’s scheduled CLARITY Act markup on May 14 revived institutional appetite for crypto exposure. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks

News

CLARITY Act Markup Raises Stakes in Stablecoin Banking Clash

Coins Legend May 11, 2026 0

A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee

News

Report: Canton Network Developer Digital Asset Seeks $300M From A16z Crypto

Coins Legend May 11, 2026 0

Digital Asset Holdings, the New York-based company behind the Canton Network, is in advanced talks to raise roughly $300 million at a valuation of approximately $2 billion, with Andreessen Horowitz’s A16z crypto leading the round. Digital Asset Eyes $300M Round Led by A16z Crypto at $2B Valuation The round has not closed, and its final […]

News

Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263%

Coins Legend May 11, 2026 0

Circle reported higher first-quarter revenue and reserve income as USDC activity surged across its network. Total revenue and reserve income reached $694 million, up 20% year over year, while USDC onchain transaction volume rose 263% to $21.5 trillion. USDC Growth Drives Circle Revenue and Reserve Income Circle Internet Group Inc. (NYSE: CRCL) announced on May […]

News

Ripple Prime Lands $200 Million Credit Facility to Scale Institutional Margin Capabilities

Coins Legend May 11, 2026 0

The facility, provided by Neuberger Berman, will expand Ripple Prime’s ability to provide deeper margin availability to institutional investors across different financial sectors. Ripple Prime’s President, Noel Kimmel, highlighted the importance of using a single credit line across all major asset classes. Ripple Prime Taps $200 Million Facility to Expand Operational

News

Strategy Adds 535 BTC for $43M, Saylor Pushes Total Holdings to 818,869 Bitcoin

Coins Legend May 11, 2026 0

Strategy, the Virginia-based business intelligence firm led by Michael Saylor, acquired 535 bitcoin for approximately $43 million, paying roughly $80,340 per coin and bringing its total treasury to 818,869 BTC. Michael Saylor’s Strategy Adds 535 Bitcoin After ‘Back to Work’ Post on X Saylor posted “Back to work” on X on May 10, signaling another […]

News

Bitforex Founder Garrett Jin Deposits $1.35B in ETH to Binance in 4 Days

Coins Legend May 11, 2026 0

A wallet linked to Garrett Jin, founder of the now-defunct exchange Bitforex, has deposited all 577,896 ether into Binance over just four days, closing out a position he acquired by swapping bitcoin for ETH when ether was trading at $4,591. A $1.35 Billion ETH Offload and a Costly Trade A wallet attributed to Garrett Jin […]

News

Circle Pulls $222 Million From Blackrock and A16z to Launch Arc Blockchain at $3B Valuation

Coins Legend May 11, 2026 0

Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside […]