SpendNode Podcast: Crypto News & Analysis

Germany may end its one-year tax exemption on Bitcoin and crypto holdings from 2027, ending one of Europe's most generous long-term holder benefits. Read the full article: https://www.spendnode.io/blog/germany-end-one-year-tax-free-crypto-holding-rule-2027-may-2026/

Santiment data shows Bitcoin lost 245,000 holder wallets in five days, the steepest drop in nearly two years, as BTC slips below $80K with neutral sentiment. Read the full article: https://www.spendnode.io/blog/bitcoin-holders-drop-245k-wallets-santiment-fastest-pace-2-years-may-2026/

Jack Dorsey's Block jumped 8% after Q1 earnings beat estimates, even as the company posted its first quarterly loss in three years on weaker Bitcoin revenue. Read the full article: https://www.spendnode.io/blog/block-q1-2026-earnings-beat-bitcoin-revenue-decline-may-2026/

Anthropic is in talks for up to $50B in fresh funding at a valuation approaching $1 trillion, per the FT, putting OKX's new pre-IPO perp in motion. Read the full article: https://www.spendnode.io/blog/anthropic-50b-funding-round-1-trillion-valuation-okx-perp-may-2026/

Coinbase Exchange has been down for more than two hours, blocking trading and withdrawals during a soft session for BTC and ETH. Read the full article: https://www.spendnode.io/blog/coinbase-exchange-outage-two-hours-may-2026/

Coinbase reported a $400M Q1 2026 loss and missed revenue estimates as CFO Alesia Haas blamed tough macro conditions. Shares fell after hours. Read the full article: https://www.spendnode.io/blog/coinbase-q1-2026-400m-loss-revenue-miss-shares-slide-may-2026/

Bitwise rolled out its first tokenized fund as the asset manager pushes deeper into onchain wrappers for traditional crypto exposure products. Read the full article: https://www.spendnode.io/blog/bitwise-launches-first-tokenized-crypto-fund-may-2026/

A member of the social engineering crew known as GothFerrari was sentenced to 78 months in US federal prison for helping steal roughly $250M in crypto. Read the full article: https://www.spendnode.io/blog/gothferrari-250m-crypto-theft-78-months-federal-prison-may-2026/

Kalshi closed a $1 billion funding round at a $22 billion valuation, confirming earlier reports as prediction market volumes hit record highs. Read the full article: https://www.spendnode.io/blog/kalshi-1b-raise-22b-valuation-prediction-market-may-2026/

Aave moves to tighten collateral and listing standards across its markets after the KelpDAO rsETH exploit forced emergency liquidations and risk freezes. Read the full article: https://www.spendnode.io/blog/aave-collateral-listing-standards-overhaul-kelpdao-may-2026/

SoFi's relaunched crypto business pulled in $121.6M in Q1 transaction revenue, but disclosures show costs swallowed nearly the entire haul. Read the full article: https://www.spendnode.io/blog/sofi-crypto-q1-2026-121m-revenue-costs-may-2026/

Kraken parent Payward is acquiring Asia-based stablecoin payments infrastructure firm Reap for $600M, expanding into card issuance and merchant rails. Read the full article: https://www.spendnode.io/blog/kraken-acquires-reap-600m-stablecoin-infrastructure-asia-may-2026/

A White House crypto adviser says the administration is targeting July 4 for CLARITY Act passage, with Senate Banking markup planned this month. Read the full article: https://www.spendnode.io/blog/white-house-clarity-act-july-4-target-may-2026/

White House official Patrick Witt says a Strategic Bitcoin Reserve announcement is coming within weeks, signaling movement on Trump's March 2025 executive order. Read the full article: https://www.spendnode.io/blog/white-house-strategic-bitcoin-reserve-announcement-weeks-may-2026/

Coinbase has rolled out GOLD-PERP and SILVER-PERP contracts for eligible non-US users, pushing its derivatives venue beyond crypto into traditional commodities. Read the full article: https://www.spendnode.io/blog/coinbase-gold-silver-perpetual-futures-launch-may-2026/

XRP whale deposits to Binance just hit their weakest reading in over three years, signaling large holders are sitting on supply rather than rotating to sell. Read the full article: https://www.spendnode.io/blog/xrp-whale-inflows-binance-3-year-low-may-2026/

South Korea confirms a January 2027 start for crypto income tax, per Edaily. The 20% levy above 2.5M won applies to gains from digital assets. Read the full article: https://www.spendnode.io/blog/south-korea-virtual-asset-tax-january-2027-may-2026/

OKX is rolling out perpetual futures contracts pegged to private valuations of OpenAI, SpaceX, and Anthropic, opening crypto-funded exposure to AI giants. Read the full article: https://www.spendnode.io/blog/okx-pre-ipo-perpetual-futures-openai-spacex-anthropic-may-2026/

UK regulators open a competition probe into digital wallet agreements between PayPal, Mastercard, and Visa, with knock-on risk for crypto card issuers. Read the full article: https://www.spendnode.io/blog/paypal-mastercard-visa-uk-competition-probe-digital-wallets-may-2026/

BNY Mellon, the world's largest custody bank with $52T under custody, is expanding crypto services in Abu Dhabi as the UAE pushes deeper into digital assets. Read the full article: https://www.spendnode.io/blog/bny-mellon-crypto-custody-abu-dhabi-expansion-may-2026/

Aave liquidated the KelpDAO attacker's rsETH positions on Ethereum and Arbitrum, leaving the protocol about 10% short of clearing the bad debt. Read the full article: https://www.spendnode.io/blog/aave-liquidates-kelpdao-hacker-rseth-bad-debt-recovery-may-2026/

Ripple, Ondo Finance, JPMorgan's Kinexys, and Mastercard are testing a pilot that links the XRP Ledger to traditional bank settlement rails. Read the full article: https://www.spendnode.io/blog/xrp-ledger-bank-rails-pilot-ondo-jpmorgan-mastercard-may-2026/

Bitcoin trades near $81,732 on May 6 as oil drops 6% and the dollar sinks on reports the US and Iran are nearing a one-page memo to end the war. Read the full article: https://www.spendnode.io/blog/bitcoin-82k-iran-peace-deal-oil-crash-may-2026/

Tokenized US Treasuries on Ethereum reached an ~$8B all-time high on May 6, 2026, even as ETH spot price drifted lower. Here is what is driving the flow. Read the full article: https://www.spendnode.io/blog/tokenized-us-treasuries-ethereum-8b-ath-may-2026/

Zcash (ZEC) printed a fresh 2026 high of $525 after a 23.2% single-day move, leading a privacy coin rally as Bitcoin idles near $81,400. Read the full article: https://www.spendnode.io/blog/zcash-zec-525-ytd-high-privacy-coin-rally-may-2026/