Selasa, 05 Mei 2026

Bullish targets 24/7 tokenized securities trading


Friday’s $737M surge flips crypto ETP flows positive for week five	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

May 5, 2026

Your Daily Digest of the 🔥Hottest News in Crypto

Today’s top stories

🏦 Bullish to buy Equiniti for $4.2B to expand tokenized securities
💸 $737M Friday inflow flips week positive after $619M four-day outflow
🏦 Coinbase cuts 14% of staff as market slump bites and AI focus grows
📰 Keep reading for all of today’s biggest headlines

Bullish to buy transfer agent Equiniti for $4.2B in tokenization push

Bullish has agreed to buy transfer agent Equiniti from Siris Capital in a $4.2 billion deal, assuming $1.85 billion of Equiniti’s debt, as it expands into tokenized securities and aims to enable 24/7 trading. Equiniti, which services nearly 3,000 companies including Berkshire Hathaway and Rolls-Royce, would give Bullish core shareholder recordkeeping and corporate-action capabilities needed to support tokenized markets and stablecoin-based settlement. The transaction is expected to close in January 2027 pending regulatory approval, highlighting intensifying competition between crypto venues and traditional market infrastructure firms as Wall Street accelerates tokenization efforts.

Get the Details

Crypto products post 5th straight week of inflows despite mid-week selloff

Crypto investment products notched a fifth straight week of inflows, as a huge $737 million Friday rebound erased $619 million in outflows earlier in the week and left a net gain of $117.8 million, with assets under management steady at $155 billion. The five-week streak now totals $4.02 billion, the largest of 2026 so far, led by Bitcoin products (+$192.1 million) while Ethereum saw $81.6 million in outflows. US inflows cooled sharply versus the prior week, though US spot Bitcoin ETFs started this week strongly as Bitcoin climbed back above $80,000 amid improving risk sentiment.

Get the Full Story

[AD]

KuCoin PROOF: Tomorrowland Edition launches with up to 500,000 USDT in rewards

KuCoin has launched KuCoin PROOF: Tomorrowland Edition as the next stage of its flagship trading campaign, bringing together spot and futures competitions, VIP and grand lucky draws, and real-world rewards.

Campaign highlights:

May 4–10: Spot Lucky Draw

May 11–17: VIP Lucky Draw

May 18–31: Futures Trading Competitions

May 20–31: Grand Lucky Draw

The Tomorrowland Edition campaign gives traders more ways to compete, prove their skills, and share in a total reward pool of up to 500,000 USDT.

Participants will also have a chance to access Tomorrowland Belgium 2026, connecting KuCoin’s trading community with one of the world’s most iconic cultural events.

Visit the KuCoin PROOF landing page to learn more and join the campaign.

Learn More

Coinbase cuts 14% of workforce, citing market slump and AI shift

Coinbase plans to cut about 14% of its workforce (roughly 700 jobs) as it responds to a weaker crypto market and rapidly advancing AI tools that are reshaping how teams operate. CEO Brian Armstrong said the company will flatten management to no more than five layers below top leadership, shift managers into “player-coach” roles, and reorganize into smaller AI-native teams to boost productivity. An SEC filing estimates the restructuring will cost $50 million to $60 million in severance and related expenses and be largely completed in Q2 2026, mirroring similar layoff-and-AI moves across other crypto firms.

Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds

Bitcoin rose 3.5% this week to about $81,325, extending a ~35% rebound from February’s ~$59,930 low, but it’s still roughly 36% below its prior peak near $126,200. That gap has split traders: some argue Bitcoin has already bottomed and is restarting a broader bull run, while others see the move as another bear-market rally.

Bullish analysts point to a potential “supercycle,” where the recent ~50% drawdown looks more like a mid-cycle reset than a full bear market, helped by institutional demand absorbing new supply. Elliott Wave traders also suggest the ~$60,000 area may have marked a cycle low, with a reclaim of $78,000–$80,000 as support opening a path toward $90,000–$100,000. Skeptics note BTC is pressing into heavy resistance near $80,000–$82,000 (200-day EMA plus a bear-flag ceiling), which could trigger a pullback toward $70,000–$72,000—or even $48,000–$52,000 if the pattern breaks down.