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Coinbase quarterly profit falls as expenses climb, shares down
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as a steep rise in costs more than offset revenue growth in its transaction and subscription units, sending its shares down 3% in extended trading. Total operating expenses soared 51% to $1....Reuters
Thu, May 8
Bitcoin Price Flashes Signal That Has Led To A Surge Every Time
The Bitcoin price action has once again caught the attention of the broader crypto market, as it flashes major bullish signals that have, without fail, led to significant rallies throughout this cycle. Building on this technical signal, a crypto analyst has forecasted that Bitcoin could mirror histo...NewsBTC
Thu, May 8
Arizona Passes Bitcoin Reserve Bill, Becomes Second US State
Arizona has enacted House Bill 2749, a measure that rewrites the state’s unclaimed-property code to cover cryptocurrencies and creates a “Bitcoin & Digital Assets Reserve” funded entirely from abandoned digital holdings. Governor Katie Hobbs’ signature makes Arizona the second state after New Ha...Bitcoinist
Thu, May 8
Analyst Puts Cardano and This ADA Rival Prices As High As $3, The Timeline Will Shock You
Analysts predict that Cardano (ADA) might reach $1 in 2025 while setting a potential peak price of $3.29 for 2028 as its current trading value stands at $0.7099. Mutuum Finance (MUTM) attracts numerous investors during its phase 4 presale at $0.025 and has already raised $7.8 million from token sales. As of now MUTM has […]Cryptopolitan
Thu, May 8
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK, May 8 (Reuters) - Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud.Mashinsky'...Reuters
Thu, May 8
CORRECTED-Coinbase quarterly profit falls on higher expenses
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as costs rose. The company earned adjusted net income of $526.6 million, or $1.94 per share, for the three months ended March 31, compared with $679.2 million, or $2.53 per share, a year earlier.Reuters
Thu, May 8
Áttörő projektek uralják a 3 legjobb altcoint, amit 2025 májusában érdemes megvenni
Végre a hasznosság váltja le a hype-ot a blokkláncban? Ez a kérdés rázza meg a listákat. Míg a nagy nevek tartják a helyüket, a hangsúly most a valós világbeli integrációra helyeződik át. Az adatvédelmi tokenektől a több láncból álló ökoszisztémákig új szereplők emelkednek fel tényleges teljesítmény...NewsBTC
Thu, May 8
Arbitrum DAO earmarks $11M for tokenized US Treasurys investment
The Arbitrum Foundation took to X, formerly Twitter, earlier today to announce that the DAO is moving on to the next phase of its Stable Treasury Endowment Program (STEP), after an on-chain vote. As part of the new phase of the DAO’s initiative to diversify its treasury with investments in real-world assets (RWAs), it will […]Cryptopolitan
Thu, May 8
Uniswap (UNI) Blastoff At Hand? The Sleeping Giant Awakens At $4.6 Support
Uniswap (UNI) is showing signs of a powerful resurgence as it firmly holds the $4.60 support level, a critical zone that could ignite the next major rally. After weathering recent market turbulence, UNI’s price action is now flashing bullish signals, suggesting that the asset may be gearing up for a...NewsBTC
Thu, May 8
Celsius Network’s Alex Mashinsky sentenced to 12 years for crypto fraud
The founder of Celsius Network Alex Mashinsky was sentenced to 12 years, after expectations of a 20-year prison stay. Mashinsky will forfeit $48M in personal wealth and nine specific real estate properties to partially compensate depositors.Cryptopolitan
Thu, May 8
Deals of the day-Mergers and acquisitions
May 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Swiss lender UBS UBSG.S is in talks to sell its hedge fund unit, O'Connor, to U.S. brokerage Cantor Fitzgerald, Bloomberg News reported on Thursday, citing people familiar with the ...Reuters
Thu, May 8
Analyst Who Recently Called XRP Rally From $0.5 To $3 Reveals New Altcoin Set To Rally 13,380%
Ripple (XRP) experienced a spectacular increase between November 2024 and January 2025 which took its value from $0.50 to $3.39 while delivering an unprecedented 578% profit to the crypto market. A keen market observer noticed this astronomic rise of both investors’ interest and technical indicators which revealed the future movement of XRP. Mutuum Finance (MUTM) […]Cryptopolitan
Thu, May 8
US removes tariffs on some UK goods in a deal between the two
The UK has secured a landmark trade deal with the US, marking a significant moment in post-Brexit trade and providing a lifeline to key British industries. The pact, hailed as a “historic day” by both UK Prime Minister Keir Starmer and US President Donald Trump, will slash tariffs on a range of exports, helping to […]Cryptopolitan
Thu, May 8
Stablecoin bill fails to clear key hurdle in U.S. Senate
Senate stablecoin bill fails to receive enough votes to advanceDemocrats expressed concern about Trump crypto venturesSetback is blow to crypto industry, which tried to portray crypto as bipartisanBy Hannah Lang May 8 (Reuters) - Legislation that would create a regulatory framework for U.S. dolla...Reuters
Thu, May 8
Bitcoin’s Recent Price Rebound Above $99,000 Sends Millions Of BTC Back Into Profit Territory
Bitcoin has once again taken center stage in the crypto market. Following a market resurgence, the flagship asset rebounded above the $99,000 mark. During the sudden price recovery, a significant portion of BTC moved back into profit territory. Millions Of Bitcoins Return To Profit The renewed gener...Bitcoinist
Thu, May 8
Ukrainian Rada ratifies Trump’s minerals deal
Ukrainian parliament has approved the recently signed minerals deal with U.S. President Donald Trump’s administration, seen by some as controversial. The agreement was backed by a sizable majority of lawmakers after adding certain caveats concerning important additional deals that are yet to be sealed by the two sides. Ukraine’s legislature greenlights reconstruction and minerals deal […]Cryptopolitan
Thu, May 8
Cardano Approaches Critical Resistance – Break Above Could Trigger Move To $0.80
Cardano is gaining bullish traction, pushing above the $0.70 mark as it attempts to reclaim the $0.75 resistance level. With Bitcoin surging toward the $100K barrier and Ethereum breaking out above $1,900, the broader crypto market is heating up—and ADA is beginning to ride that wave of renewed opti...NewsBTC
Thu, May 8
Why Are Ripple (XRP) Investors Buying Ruvi AI (RUVI)? This New 100x Token is Expected to Explode and grow by 20,000% During the 2025 Bull Run
XRP is making headlines as institutional interest continues to grow, with the upcoming CME Group XRP futures launch. While XRP is solidifying its position in the blockchain space, new platforms like Ruvi AI are pushing the boundaries of innovation, combining AI with blockchain. What Is Ruvi AI and What Does It Offer? Ruvi AI is […]Cryptopolitan
Thu, May 8
Ethereum Foundation awards $32.65 million in Q1 grants to over 90 projects
The Ethereum Foundation Ecosystem Support Program (EFESP) has announced the donation of $32.65 million in grants for Q1. In its quarterly allocation report released today, the Foundation said it donated the funds to over 90 projects. In the report, the Foundation listed the grant recipients, the project they got the funding for, and which category […]Cryptopolitan
Thu, May 8
