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View More NewsBones of tortured prisoners. Kolyma Gulag, USSR (Nikolai Nikitin, Tass). (NA) NOTE: This post largely reprints last year’s Victims of Communism Day post, with some modifications. Today is May Day. Since 2007, I have advocated using this date as an international Victims of Communism Day. I outlined the rationale for this proposal (which was not my original idea) in my very first post on the subject: May Day began as a holiday for socialists and labor union activists, not just communists. But over time, the date was taken over by the Soviet Union and other communist regimes and used as…
Key points:Bitcoin will have to flip the $80,000 level into support to continue its up move to $84,000.Several major altcoins are finding buyers at lower levels, but they will have to overcome the overhead resistance to start a new up move.Bitcoin (BTC) has risen above $78,000, extending upon its 11.87% rally in April, per CoinGlass data. The recovery in April was supported by solid buying in the US spot BTC exchange-traded funds, which saw $1.97 billion in inflows, according to SoSoValue data.The rally is expected to encounter selling in the zone between the True Market Mean at $78,000 and the…
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A review of Dangerous, Dirty, Violent & Young: A Fugitive Family in the Revolutionary Underground by Zayd Ayers Dohrn; 352 pages; Chatto & Windus (June 2026)In his memoir detailing his experiences growing up with revolutionary parents on the run from the federal government in the 1970s, Zayd Ayers Dohrn captures a bizarro life organised around the need to stay one step ahead of the FBI:I was used to this routine. It wasn’t the first time we’d had to pack up all our things in the middle of the night and take off on another long cross-country drive. We ditched cars…
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MoonPay is launching a virtual debit card that allows users and AI agents to spend stablecoins directly from self-custodied onchain wallets at merchants that…
In brief GPT-5.5 can autonomously execute sophisticated cyberattacks, completing a 32-step corporate network simulation and cracking a 12-hour security puzzle in just 10 minutes.…
Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23…
Historically, crypto markets have been driven by a dominant narrative. Not today. In one corner, miners are trying to break free of four-year cycles. IREN…
Senators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino, requesting information about loans…
from the weak-men-afraid-of-words dept Brendan Carr’s FCC claims to be moving forward their their plan to “review ABC’s broadcast licenses” because Jimmy Kimmel made…
Japanese financial conglomerate SBI Holdings plans to acquire a stake in Bitbank, one of the country’s largest crypto exchanges.The Tokyo-based broker submitted a letter…
Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate…
In brief Bitcoin’s April gains hovered just under 12%, marking its second positive monthly close since September 2025. Michael Saylor’s Strategy made four BTC…
Also read our CEO Jemimah Steinfeld’s view on the reasons for RightsCon’s cancellation The cancellation of RightsCon, due to be held this weekend in…
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already.Bitcoin climbed to $77,400, turning higher with other risk assets…
US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.Bitcoin ETFs drew $1.97 billion in inflows…