Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with Chainlinks equivalent after the $292 million bridge exploit that hit liquid restaking protocol Kelp… [+1500 chars]

The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

CoinDesk

Kraken to replace LayerZero with Chainlink to bridge assets across blockchains

Bitcoins onchain metrics are flashing their most constructive signals since early February, but underlying seller behavior and derivatives positioning suggest the road to new highs will not be easy, … [+3200 chars]

Spot ETF outflows and a hawkish Federal Reserve are creating a "macro ceiling" that makes a new all-time high unlikely without a major geopolitical shift.

Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze

XRP emerged as the biggest gainer in the past 24 hours while the rest of the market drifted lower as buyers stepped back in around $1.43. Bitcoin, ether, solana and dogecoin fell as much as 2%, while… [+1682 chars]

XRP outperformed major tokens during a volatile session, with a late volume burst pushing price back toward resistance that has capped rallies for weeks.

XRP edges higher while bitcoin, ether and dogecoin slip, keeping focus on $1.49 breakout zone

Strive (ASST) said that its preferred stock will begin paying cash dividends every single business day from June 16, a first in U.S.-listed securities history.
CEO Matthew Cole called the daily divi… [+1686 chars]

The daily payout structure lifts the effective yield to 13.88% as the company eliminates all debt and expands its bitcoin treasury strategy.

Strive’s SATA to become first U.S. listed security to pay daily cash dividends

Bitcoin's BTC
$79,805.78 recent rise above $80,000 was led by leveraged trades and lacked strong participation from the U.S.-based investor pool, which typically plays a key role in sustaining bulli… [+3168 chars]

The rally was led by leveraged traders and not U.S.-based spot buyers. Hence, its. sustainability is being questioned.

Bitcoin’s recent $80,000 breakout was led by something other than U.S. spot buyers, data show

This is an excerpt from CoinDesk newsletter 'Daybook.'Sign up here, if you haven't already.
The week's main event for digital assets, the U.S. Clarity Act markup, is due later today. The crypto mark… [+3210 chars]

Clarity Act markup leaves bitcoin unstirred

Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported first-quarter adjusted revenue below analyst expectations as weaker digital asset trading activity early in the year weigh… [+1642 chars]

Weaker crypto prices reduced trading activity across the industry, also causing Coinbase and Robinhood to miss Q1 earnings and revenue forecasts.

Bullish misses first-quarter revenue estimates as transaction revenue slips

Cerebras Systems priced its IPO at $185 per share on Wednesday evening, targeting a $5.5 billion raise and valuing the AI chipmaker at $40 billion, according to the Financial Times.
The company, a m… [+1413 chars]

Cerebras Systems’ $5.5 billion IPO and soaring semiconductor stocks underscore how investor attention has shifted from bitcoin to artificial intelligence in 2026.