Mostly Bitcoin — Daily Digest
Last 24 hours of mainstream crypto coverage
May 5, 2026
Iran’s Unexpected Resilience — theatlantic.com
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. By the United States military’s estimation, about 1,550
‘Wall of Worry’ Has Retail Sitting Out the Latest Bitcoin Rally — bloomberg.com
A key gauge for market sentiment has been flashing bearish signals for weeks.
Andreessen Horowitz is closing a $2.2 billion crypto fund as VC money flows to AI — qz.com
The new vehicle brings a16z's total crypto capital to $9.8 billion, even as Bitcoin trades well below its recent peak
America Doesn’t Need to Invade Canada. It Has Our Data — thewalrus.ca
Earlier this year, the French government announced it would stop using Zoom, Microsoft Teams, and any other United States–based video conferencing platforms by 2027 and begin using French-based Visio. The decision came after Anton Carniaux, director of
Coinbase Lays Off 14% of Employees as A.I. Changes Work — nytimes.com
The largest U.S. crypto exchange said it was cutting jobs because of cryptocurrency market volatility and to “optimize” for the artificial intelligence era.
Trump’s AI Oversight Plan Is Everything VCs Claimed To Hate About Biden’s Plan — Only Worse — techdirt.com
A key takeaway of the Trump II admin is that they came in declaring a whole bunch of things to be stupid and worth ripping apart, only to later realize how important and structurally necessary those things were, and then rush to recreate them in a much
Strategy Survives Another Bitcoin Crash With More Alchemy — bloomberg.com
Michael Saylor’s Bitcoin accumulation firm Strategy Inc. has survived yet another crypto market meltdown with some fresh financial engineering.
Coinbase layoffs today: Crypto giant cuts hundreds of jobs as CEO says AI is ‘changing how we work’ — fastcompany.com
Brian Armstrong joined the ranks of tech bosses citing artificial intelligence as he dramatically reduces the company’s workforce. May is kicking off with another brutal round of tech layoffs that have been affecting the industry for much of the year.
A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales. — thenextweb.com
Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnership with Microsoft that will deliver more than 66,000
Bitcoin is rising again: 2 reasons why the cryptocurrency just passed a key milestone for the first time in months — fastcompany.com
Crypto traders appear to be more optimistic this week after separate developments in the Middle East and Washington. Here’s what to know. This week, Bitcoin (BTC) has been trading above $80,000 per token, and on Tuesday morning, it hit $81,000. That news
Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner — fortune.com
The biggest name in crypto venture capital closed another mammoth fundraise. The digital assets arm of Andreessen Horowitz, which goes by a16z crypto, announced Tuesday morning that it’s drummed up $2.2 billion for its fifth venture fund. The firm also
Exclusive: Kraken to let customers cash out crypto at MoneyGram locations in more than 100 countries — fortune.com
Crypto transfers are typically instant and seamless—unless, that is, users want to convert their digital currency into cash. In those cases, users in many countries are obliged to navigate a slow, complex conversion system. Customers of the crypto exchange
‘I don’t completely fit in’: John Kennedy keeps Republicans guessing — semafor.com
The News The Senate’s rules were made “by a heroin addict with a socket wrench.” In a gridlocked chamber, “doing nothing is very hard … you never know when you’re finished.” John Thune did everything but “bark like a dog” to get a deal with Democrats. One
Officials warn of banking spoof callers draining customers' accounts — foxbusiness.com
Officials are warning customers about banking spoof calls that could trick them into emptying their accounts, with scammers posing as banking or law enforcement officials who claim they are trying to protect the customer’s money. The FBI has described
You just read issue #1317 of Mostly Bitcoin. You can also browse the full archives of this newsletter.