Bitcoin News on Cowlpane

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Sat, 09 May 2026 17:28:08 +0000

Originally published by CoinDesk

The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.

Trump Media reported a Q1 net loss of $405.9 million on $871,200 in revenue, widening significantly from $31.7 million a year earlier.
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
As of March, DJT held 9,542.16 bitcoin (valued at $647.1 million) and 756.1 million Cronos (CRO) tokens (valued at $53 million).

It might be too late for bitcoin’s quantum migration, Project Eleven report argues

Sat, 09 May 2026 16:00:00 +0000

Originally published by CoinDesk

Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.

A new 110-page report from Project Eleven warns that more than $3 trillion in digital assets secured by elliptic curve cryptography could become vulnerable to quantum attacks within four to seven years.
The report says a “Q-Day” — when quantum computers can break widely used public-key cryptography — could arrive as early as 2030 and no later than 2033, threatening blockchains, banking, cloud systems and military communications.

Swiss central bank bitcoin reserve push fails over signature shortfall

Sat, 09 May 2026 15:28:09 +0000

Originally published by CoinDesk

The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.

Swiss campaigners are dropping a bid for the SNB to hold bitcoin reserves after collecting about half of the 100,000 signatures needed for a national referendum.
The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.

CME is set to let traders bet on bitcoin volatility, not just price

Sat, 09 May 2026 15:14:52 +0000

Originally published by CoinDesk

CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings.

CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings.
It reflects growing institutional interest in regulated volatility exposure and a broader evolution of crypto derivatives markets

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Fri, 08 May 2026 20:59:25 +0000

Originally published by CoinDesk

Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.

Altcoins outperformed bitcoin, with ICP, NEAR and UNI leading gains across major tokens.
Coinbase rebounded 10% from session lows after Thursday’s earnings miss.
SEC Chair Paul Atkins signaled support for rules around onchain trading and blockchain settlement infrastructure.

With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays.