Bitcoin funds capture $700 million as institutions place their bets

Bitcoin funds capture $700 million as institutions place their bets

Your day-ahead look for May 11, 2026

2026-05-11
BTC price target becomes $85K next: Five things to know in Bitcoin this week

BTC price target becomes $85K next: Five things to know in Bitcoin this week

Bitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs.

2026-05-11
IRL crypto threats: Physical “wrench attacks” have led to over $100 million in losses since January alone

IRL crypto threats: Physical “wrench attacks” have led to over $100 million in losses since January alone

Crypto investors have lost more than $100 million to physical extortion in the first four months of 2026, according to blockchain security firm CertiK, as criminal groups increasingly target the people behind digital wallets rather than the technology securing them. The attacks, known in the industry as “wrench attacks,” use kidnapping, assault, threats, or other […]

2026-05-11
BlackRock Bets on Circle’s Arc: $222M Raised in Major Token Presale

BlackRock Bets on Circle’s Arc: $222M Raised in Major Token Presale

The company behind the second-largest stablecoin by market cap has successfully raised $222 million in the presale of a token tied to its new blockchain called Arc. The fully diluted valuation has risen to $3 billion, while company CEO Jeremy Allaire hinted that the firm will also enter into the “apps business.” The Q1 results […]

2026-05-11
Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale

Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale

Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022.

2026-05-11
Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well

Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well

Nearly 600,000 deposits worth $60 million have been collected for a gold T1 phone that has not been delivered to a single confirmed buyer, with terms quietly rewritten in April to remove delivery guarantees.

2026-05-11
Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

2026-05-11
Ethereum Analyst Sets $24,000 Full Parabolic Target, Here’s The Roadmap

Ethereum Analyst Sets $24,000 Full Parabolic Target, Here’s The Roadmap

A crypto analyst has just predicted multiple bullish price targets for Ethereum (ETH), but expecting a major dip to critical support levels first before a sharp rally toward $6,000. From there, he outlines a roadmap to much higher targets, with $24,000 set as the ultimate parabolic zone. The analyst has based his bullish projections on […]

2026-05-11
Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets

Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets

BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.

2026-05-11
Revolut Technical Glitch Showed Bitcoin at $0.02, Triggering Mass Double-takes

Revolut Technical Glitch Showed Bitcoin at $0.02, Triggering Mass Double-takes

A sudden pricing error on Revolut sent shockwaves through crypto watchers on Thursday morning. Bitcoin — BTC, briefly appeared at $0.02 inside the popular fintech app used by over 70 million users. Real market prices stayed near $79,000 during the event. The mismatch lasted only minutes, yet screenshots spread rapidly across social media. Many users […]

2026-05-11
Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg

Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg

Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.

2026-05-11
MARA expected to post Q1 losses as investors look ahead to AI growth strategy

MARA expected to post Q1 losses as investors look ahead to AI growth strategy

Investors look beyond bitcoin volatility towards long term AI infrastructure and data center revenue opportunities.

2026-05-11
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