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US Warns Hormuz Digital Asset Payments May Trigger Sanctions Risk

Coins Legend May 2, 2026 0

OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal risk for maritime firms, financial institutions, insurers, or counterparties. Key Takeaways: OFAC warned crypto payments tied to Hormuz

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SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards

Coins Legend May 2, 2026 0

Japanese giant SBI Group is bringing crypto rewards into everyday spending with a new Visa card offering that converts points into BTC, ETH, or XRP. The campaign offers rewards of up to 10% for Gold users and 2.5% for standard users. Key Takeaways: SBI and Visa launched credit cards that convert spending points into a […]

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JPX Targets 2027 Japanese Crypto ETF Launch

Coins Legend May 2, 2026 0

Japan Exchange Group is preparing to introduce cryptocurrency ETFs as early as 2027, pending regulatory and tax reforms. The move signals Japan’s shift toward integrating digital assets into its mainstream financial system. Key Takeaways: Japan Exchange Group targets 2027 crypto ETFs pending legal and tax reforms. JPX shift mirrors U.S. bitcoin ETF success, signaling

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Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%

Coins Legend May 2, 2026 0

President Donald Trump told Congress on Thursday that U.S. military hostilities with Iran have ended, a declaration timed to the 60-day deadline under the War Powers Resolution of 1973 that gives markets and investors a clearer geopolitical signal heading into May. Key Takeaways: Trump declared U.S.-Iran hostilities “terminated” on May 1, bypassing the War Powers […]

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Fidelity Adds $19M Into FBTC as Bitcoin ETFs Snap 3-Day Outflow Streak

Coins Legend May 1, 2026 0

A fragile recovery took hold in bitcoin ETFs, which returned to modest inflows after three days of losses, while ether funds extended their outflow streak to a fourth session. Elsewhere, sentiment weakened, with XRP and solana ETFs both slipping into negative territory. Key Takeaways: Bitcoin ETFs saw $14.76M inflows as Blackrock IBIT added $26.61M after […]

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Grok, ChatGPT, Claude — 11 AI Models Project Bitcoin Hits $84K to $118K by End of 2026

Coins Legend May 1, 2026 0

Over the past seven days, bitcoin has moved within a range of $75,400 to $79,200, and over the last 24 hours, it has settled near $76,000 to $77,000 per coin. While a mix of influencers, analysts, and prediction market odds offer their own projections for bitcoin’s position by year’s end, we turned to 11 artificial […]

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Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions

Coins Legend May 1, 2026 0

After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday peak of $78,924 before ultimately settling below $78,300. Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations […]

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Digital Asset Security Moves Beyond Keys as Bitgo Adds 5-Layer Checks

Coins Legend May 1, 2026 0

Bitgo is pushing digital asset security beyond private keys with a five-layer transaction model designed to stop manipulation before execution. The system checks intent, device, identity, behavior, and policy, targeting risks before transactions are finalized. Key Takeaways: Bitgo introduced five security layers for institutional digital asset transactions. Controls

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Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K

Coins Legend May 1, 2026 0

An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks do not disappear even when leverage is minimal. Key Takeaways: Trader 0xcc15 opened a $1.96 million leveraged long on 11.96M MEGA tokens and is already […]

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Brazil Bans Crypto in Cross-Border Payments

Coins Legend May 1, 2026 0

The Central Bank of Brazil published Resolution No. 561, which imposed a blanket ban on the use of cryptocurrency assets, such as bitcoin and stablecoins, for entities providing international payment and transfer services, limiting them to traditional payment rails. Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System