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Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.

Bitcoin Retail Binance Inflows Hit Record Low as Spot ETFs Drain On-Chain Demand

Bitcoin Retail Binance Inflows Hit Record Low as Spot ETFs Drain On-Chain Demand

Daily Feed

Bitcoin may be printing fresh highs, but the retail crowd is leaving barely a footprint on Binance. New on-chain data shows smaller deposits to the exchange have fallen to a record low, hinting that retail Bitcoin inflows are drying up even as the price keeps climbing. Retail-sized Binance inflows hit historic lows Monthly average: about […]

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Minnesota Backs Bank Crypto Custody While Cracking Down on Bitcoin ATMs

Minnesota Backs Bank Crypto Custody While Cracking Down on Bitcoin ATMs

Daily Feed

Minnesota is splitting crypto into two buckets: banks may hold digital assets for customers, while crypto kiosks are getting the boot over fraud risks. Banks can now offer crypto custody under Minnesota’s rules Crypto kiosks, including Bitcoin ATMs, are being targeted over scam abuse The state is backing regulated custody while cracking down on weak […]

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Iran’s Nobitex Allegedly Moved $2.3B Through Trump-Linked Crypto Networks

Iran’s Nobitex Allegedly Moved $2.3B Through Trump-Linked Crypto Networks

Daily Feed

Iran’s Nobitex is under fresh scrutiny after a new analysis alleged the exchange moved roughly $2.3 billion through crypto networks tied to Trump-associated business interests. The number is big, the politics are louder, and the underlying issue is the same old ugly one: sanctioned money keeps looking for a way through the cracks. $2.3 billion […]

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Kraken Revenue Rises 3% as Bitcoin Slumps, Derivatives Drive Growth and IPO Delays

Kraken Revenue Rises 3% as Bitcoin Slumps, Derivatives Drive Growth and IPO Delays

Daily Feed

Kraken’s parent company, Payward, posted a quarter that says a lot about where crypto exchange revenue is headed: less dependence on spot trading, more weight on derivatives, institutional flow, and a broader financial stack. Even with Bitcoin down 22% and industry spot volume falling 38%, the company still managed to grow. $507 million in adjusted […]

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Kraken Parent Payward Revenue Rises 3% to $507M as Derivatives Boom in Q1 2026

Kraken Parent Payward Revenue Rises 3% to $507M as Derivatives Boom in Q1 2026

Daily Feed

Kraken’s parent company, Payward, posted a surprisingly solid Q1 2026, growing adjusted revenue 3% year-on-year to $507 million even as the crypto market got dragged through a hedge fund’s worst nightmare. Q1 2026 adjusted revenue: $507 million, up 3% year-on-year Derivatives trading: daily average revenue trades jumped 51% Spot market share: rose to 5.2% from […]

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SpaceX Holds $637M in Bitcoin as Nasdaq Debut Looms, Public Disclosure Nears

SpaceX Holds $637M in Bitcoin as Nasdaq Debut Looms, Public Disclosure Nears

Daily Feed

SpaceX reportedly holds 8,285 Bitcoin worth about $637 million, and that stash has sat untouched since June 2022. 8,285 BTC in Coinbase Prime custody About $637 million at current prices Unchanged since June 2022 Nasdaq debut could force public disclosure According to Arkham Intelligence, Elon Musk’s aerospace company now ranks as the fourth-largest known private […]

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US Strategic Bitcoin Reserve Advances as White House Focuses on Custody and Legal Structure

US Strategic Bitcoin Reserve Advances as White House Focuses on Custody and Legal Structure

Daily Feed

Patrick Witt says the White House is still pushing forward on a US Strategic Bitcoin Reserve, with an announcement expected soon that appears focused on legal structure, custody, and how the whole thing is supposed to work without falling apart in a bureaucratic ditch. Progress is still happening behind the scenes Custody and legal durability […]

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