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Bitcoin Reclaims $80,000 But Something Doesn’t Add Up, Here’s What
Bitcoin has climbed back above $80,000 alongside a broad risk rally, but Singapore-based trading firm QCP Capital is urging caution — pointing to options market signals, a fragile macro backdrop, and an emerging pressure point in Japan that could tighten global liquidity before the next leg higher i...NewsBTC
Wed, May 6
IPO-ready Kraken announces MoneyGram deal as banks take on crypto in CLARITY showdown
Cryptocurrency exchange Kraken has joined forces with MoneyGram in a deal that will let users turn their digital coins into physical cash at hundreds of thousands of locations around the world. The partnership, announced Tuesday, gives Kraken’s customers access to MoneyGram’s network of almost 500,000 retail spots spread across roughly 200 countries and territories. The...Cryptopolitan
Wed, May 6
Toncoin Surges 60% As Durov Defends Telegram’s TON Push
Toncoin extended its rally on Wednesday, climbing to a new local high of $2.215 and bringing its three-day gain to more than 60%, as traders continued to price in Telegram’s deeper role in The Open Network. With the move, TON reaches it highest price since mid-November last year following fresh comm...NewsBTC
Wed, May 6
Russia slides on crypto mining rankings over higher electricity costs, stronger ruble
Russia is on its way to losing its spot as the world’s second-largest Bitcoin mining destination, after the United States, to China, which currently occupies third position. Cheaper cryptocurrency, a stronger ruble and constantly growing energy costs are the main factors, industry watchers say, as many Russian miners are now looking to relocate. Russia still...Cryptopolitan
Wed, May 6
Ripple CEO Says XRP Army Is Stronger Than Ever, But Warns Against Tribalism
Ripple CEO Brad Garlinghouse used a Consensus 2026 interview with CoinDesk to frame the XRP community as one of crypto’s most durable forces, while warning that chain maximalism remains a drag on the industry’s broader adoption story. Speaking after a period of major dealmaking for Ripple, Garlingho...Bitcoinist
Wed, May 6
David Schwartz Says Selling XRP Doesn’t Make Him The Villain
David Schwartz once sold 40,000 Ethereum tokens for $1.05 each. That trade netted him $42,000. Those same tokens are worth roughly $94 million today. Related Reading: Trump-Linked WLFI Files Major Defamation Lawsuit Against Billionaire Justin Sun A Pattern Of Early Exits It wasn’t a one-time c...NewsBTC
Wed, May 6
Bonk price prediction 2026-2032: How high will Bonk go?
Key takeaways: Bonk (BONK) is a crypto token built on the Solana blockchain, much like DOGE, WIF, or SHIB. Bonk is a digital asset that can be traded on a number of online platforms, such as Binance, KuCoin, Kraken, MEXC, CoinEx, OKX, gate.io, and Bybit. Bonk has a maximum supply of 88.87 trillion. It is...Cryptopolitan
Wed, May 6
Western Union Enters Stablecoin Race With USDPT Launch On Solana
A combined 130 million people in Bolivia and the Philippines now have access to Western Union’s new digital dollar, USDPT — a US dollar-backed stablecoin running on the Solana blockchain. Related Reading: Institutional Crypto Momentum Grows As Standard Chartered Invests In GSR A Big Name Makes...Bitcoinist
Wed, May 6
Zcash Hits New YTD High As Multicoin Discloses ZEC Bet
Zcash extended one of the strongest recent moves in the large-cap segment, setting a new year-to-date high of $590 after rallying more than 80% in six days. The move came as Multicoin Capital co-founder Tushar Jain disclosed that the firm has built a “significant position” in ZEC since February, fra...NewsBTC
Wed, May 6
Litecoin price prediction 2026-2032: Will LTC recover to $200 soon?
Key Takeaways: Following Bitcoin’s move toward $100K, Litecoin faced increasing buying activity. This surge in activity raises several questions for investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) hold above $200 in 2026? These are common questions that make predicting Litecoin’s price a bit tricky. We have prepared a...Cryptopolitan
Wed, May 6
Drift Protocol Releases Recovery Plan After $295 Million Exploit—Key Details
Drift Protocol announced on Tuesday that it has laid out a recovery plan for users affected by the April 1 exploit, an incident that resulted in a major loss of roughly $295 million in user funds on the lending decentralized exchange (DEX). Drift Protocol’s $295M Recovery Plan Drift Protocol’s plan ...Bitcoinist
Wed, May 6
Hyperliquid Price Forecast: HYPE extends bullish reversal from key support, eyes $50
Hyperliquid (HYPE) is trading above $44.00 at press time on Wednesday, extending an upward trend for the sixth straight day. The exchange token is gaining retail confidence and user interest as HYPE futures Open Interest and Total Value Locked on Hyperliquid rise.Fxstreet
Wed, May 6
The “Bitcoin Is Dead” Narrative Was Quieter This Cycle
Bitcoin has been in a downtrend in 2026. Not catastrophically, not existentially, but enough for the usual cycle to invite the familiar ritual…traders refreshing charts, headlines hunting for panic, and social feeds usually lighting up with declarations that the digital asset has “failed.” Except this time, that reaction has been far less visible within the...Cryptopolitan
Wed, May 6
Colombia’s President Petro Eyes Bitcoin Mining Push, Citing Untapped Caribbean Renewables
Colombian President Gustavo Petro expressed his eagerness to join in on the Bitcoin mining boom that’s taking place in Latin America. In an X post shared on Tuesday, Petro highlighted how Venezuela and Paraguay are examples of countries that are already drawing in mining investment through surplus clean energy and argued that Colombia’s Caribbean coast...Cryptopolitan
Wed, May 6
Spain’s Sabadell To Join Qivalis Consortium For Major Euro Stablecoin Push
Spanish bank Sabadell is the latest to join a consortium of European banks seeking to launch a euro-pegged stablecoin to make transactions more efficient and increase the dominance of Europe’s digital assets market. Related Reading: WLFI Drama Escalates: World Liberty Sues Justin Sun Over ‘Reckless’...Bitcoinist
Wed, May 6
$150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse
On-chain detective ZachXBT has shared details of the massive crypto Ponzi scheme that took over $150 million from unsuspecting victims before collapsing last week. Related Reading: Bitcoin Targets $86,000 After Key EMA Reclaim: Is The Next Rally Here? The Mechanics Behind The $150M Crypto Ponzi In a...NewsBTC
Wed, May 6
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