Crypto News

BTC price ‘bull trap’ at $76.5K? Five things to know in Bitcoin this week

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Bitcoin started the week with a dip toward new May lows as ongoing BTC price pressures included "collapsing" US bond markets.

Published Date: 2026-05-18 10:23:31
Creator: Cointelegraph by William Suberg
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Capital B boosts Bitcoin reserves with $15.2M purchase

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The 25th-largest Bitcoin treasury company acquired $15 million worth of BTC as one of only four treasury firms to announce a corporate Bitcoin investment during May.

Published Date: 2026-05-18 10:11:43
Creator: Cointelegraph by Zoltan Vardai
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Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

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Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.

Published Date: 2026-05-18 07:14:27
Creator: Cointelegraph by Jesse Coghlan
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Verus Ethereum bridge reportedly exploited for $11.6M in latest DeFi attack

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Two security companies have flagged the address where the stolen funds are allegedly being held, showing the cryptocurrencies have been converted into 5,402 Ether.

Published Date: 2026-05-18 07:11:30
Creator: Cointelegraph by Stephen Katte
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Surging oil prices have been driving Ether selling pressure: Tom Lee

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Fundstrat's Tom Lee pointed out an inverse correlation between crude and Ether as oil surged back to around $110 on Monday.

Published Date: 2026-05-18 07:02:06
Creator: Cointelegraph by Martin Young
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