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Crypto Founder Reveals What Keeps Driving Up The Bitcoin Price
Arthur Hayes has a theory about what controls the Bitcoin price. Speaking during Consensus Miami 2026, Hayes positions that Bitcoin’s value is mostly propped up by the expansion of the fiat money supply across the United States and the rest of the world. Bitcoin Price Still Comes Down To Liquidity S...Bitcoinist
Thu, May 7
Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There?
A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin (BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price ...NewsBTC
Thu, May 7
AI free-trial abuse is becoming a costly problem for startups, Stripe says
AI startups are increasingly struggling with a type of fraud that barely existed a few years ago: automated users signing up in bulk to drain expensive computing resources before companies can stop them. Stripe Chief Executive Patrick Collison said the problem has become widespread among AI firms using the company’s payment infrastructure. Speaking on the...Cryptopolitan
Thu, May 7
JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395
Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan. The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its ne...NewsBTC
Thu, May 7
CoreWeave revenue jumps 112% to $2.08 billion, but losses more than double
CoreWeave (CRWV) reported a huge first-quarter sales jump, but the company still burned through far more money as it spent heavily on AI cloud infrastructure. Revenue hit $2.08 billion for the three months ended March 31, 2026, up from $982 million a year earlier. Analysts tracked by LSEG expected $1.97 billion, so CoreWeave came in...Cryptopolitan
Thu, May 7
Binance is facing renewed pressure from the U.S. Treasury Department
Binance is facing renewed pressure from the U.S. Treasury Department after reports alleged that more than $1 billion in cryptocurrency transactions tied to Iranian entities moved through the exchange in 2024 and 2025, according to reports. The outreach marks the latest challenge for the world’s largest crypto exchange, less than three years after it agreed...Cryptopolitan
Thu, May 7
Block beats adjusted profit expectations, but it posted a $308.7 million net loss for the first quarter
Block (NYSE: SQ) gave Wall Street a messy first-quarter report. The payments company beat adjusted profit expectations and lifted its 2026 gross profit forecast, but it also reported a $308.7 million net loss for common stockholders. The Jack Dorsey-led company now expects $12.33 billion in full-year gross profit for 2026. Its old forecast was $12.20...Cryptopolitan
Thu, May 7
Bitwise to manage Superstate's $267M Crypto Carry Fund in tokenization debut
Bitwise is set to take over management of Superstate's $267 million Crypto Carry Fund, marking its entry into the tokenized funds market. The transition is expected to be completed on June 1, according to a statement released on Thursday.
This New Move Just Opened XRP To 44 Million New Users
XRP has entered a new chapter in Japan’s payments market after Rakuten Wallet connected the token to Rakuten Pay and Rakuten Cash, giving millions of everyday users a route to interact with the cryptocurrency through an ecosystem they already use. The development is one of the most talked-about XRP ...NewsBTC
Thu, May 7
Why This Crypto Trader Is Loading Up On Ethereum Now
Despite market sentiment still in fear territory as prices trend lower, a crypto trader has continued to accumulate Ethereum (ETH), signaling confidence in the cryptocurrency’s potential. The analyst has stated that the recent bearish signals and muted price action are not signs of weakness but hint...Bitcoinist
Thu, May 7
The rise of digital twins is letting firms bypass real people to boost profits
Large companies are moving away from traditional surveys and turning to AI-generated replicas of real people, a shift that offers faster insights but also sparks concerns about employment and data privacy. A viral TikTok can make a brand famous in hours, but many companies still rely on twelve-week research cycles. By the time results arrive,...Cryptopolitan
Thu, May 7
Coinbase reports a $394.1 million net loss after trading activity weakened
Coinbase Global (COIN) missed Wall Street’s first-quarter numbers after crypto prices cooled and customers traded less on spot markets. Coinbase reported a $394.1 million net loss for the quarter ended March 31, compared with $65.6 million in profit a year earlier. The loss came to $1.49 per share, while analysts tracked by LSEG expected a...Cryptopolitan
Thu, May 7
Solv Protocol abandons LayerZero for Chainlink's CCIP, follows KelpDAO migration
Solv Protocol has announced that it is migrating its entire $700 million tokenized Bitcoin portfolio from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This makes it the second major protocol to leave LayerZero’s bridging infrastructure following the controversy that surrounded its role in the $292 million KelpDAO exploit. Solv’s decision comes just two days after...Cryptopolitan
Thu, May 7
Saudi Arabia and Kuwait reverse base restrictions, clearing path for Project Freedom restart
Saudi Arabia and Kuwait have lifted their bans on U.S. military use of their bases and airspace, removing the main obstacle to resuming Project Freedom, the American naval operation to escort commercial ships through the Strait of Hormuz. The reversal comes just days after both Gulf states blocked U.S. access to key military infrastructure. Saudi...Cryptopolitan
Thu, May 7
BRETT price prediction 2026-2032: IS BRETT a good investment?
Key Takeaway: BRETT, or Based Brett, is a meme cryptocurrency launched in February 2024 on the Base blockchain, an Ethereum Layer 2 solution. Inspired by the character Brett from Matt Furie’s “Boys’ Club” comic series, BRETT aims to engage users through humor and community interaction. It has quickly gained popularity, boasting a market cap exceeding...Cryptopolitan
Thu, May 7
Binance Under Pressure: US Treasury Issues Ultimatum Over $1B Iran-Linked Flows
Binance has been under heightened scrutiny in recent months over allegations that it helped facilitate illicit crypto activity tied to Iran. The latest development is that the US Treasury Department has delivered a private ultimatum to the exchange. Binance Under The Spotlight Again According to The...Bitcoinist
Thu, May 7
Bank of England is showing signs that it may ease parts of its proposed stablecoin framework
The Bank of England is showing signs that it may ease parts of its proposed stablecoin framework after strong criticism from crypto companies, legal experts, and digital asset advocates who argue that some of the rules could make sterling-backed stablecoins commercially unattractive and drive innovation outside the UK. At the center of the debate is...Cryptopolitan
Thu, May 7
Prediction markets give Bitcoin only a 9% chance of hitting 1 million by 2030 despite VanEck’s bullish forecast
A top investment analyst believes the world’s biggest cryptocurrency could reach a seven-figure value before the end of the decade, although prediction markets are less optimistic about the timeline. Matthew Sigel, who leads digital asset research at VanEck, shared his outlook during a Wednesday interview on CNBC’s Halftime Report. He said he expects Bitcoin to...Cryptopolitan
Thu, May 7
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