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First Digital CEO piles on as Justin Sun fights World Liberty defamation lawsuit
Vincent Chok, the CEO of First Digital Trust, the Hong Kong-based custodian that Justin Sun, the founder of the Tron network, has been locked in a years-long legal battle with, interjected today as Sun faces a new lawsuit that traces up to the office of the president of the United States. The executive implied that...Cryptopolitan
Tue, May 5
Ethereum Withdrawals From Exchanges Just Hit An 8-Month Low: Find Out What Investors Are Waiting For
Ethereum is holding above $2,300 as the market builds toward what feels like a decisive move in either direction. The price is constructive but unresolved, and an Arab Chain report has just surfaced a shift in accumulation behavior that adds a layer of structural context to the current setup that th...NewsBTC
Tue, May 5
XRP Pundit Shares 5 Key Points For Long-Term Holders
A crypto pundit has revealed five major investment plans for long-term XRP holders. The plan, shared publicly on X this week, outlines several key points to help investors make the most of their holdings and position themselves for potential gains. With the crypto market showing renewed volatility e...Bitcoinist
Tue, May 5
MOTHER Meltdown: Iggy Azalea Faces Federal Class Action After Token Plunges 99%
Australian rapper Iggy Azalea is now facing a federal class action connected to her Solana-based memecoin, MOTHER, after the token experienced a steep collapse in price. The lawsuit comes in the wake of a dramatic drop of roughly 99%, which plaintiffs say has left investors with significant losses. ...Bitcoinist
Tue, May 5
Strategy reported a $12.54 billion Q1 net loss, or $38.25 per diluted share
Strategy (MSTR) closed the first quarter of 2026 with a $12.54 billion net loss, while revenue rose to $124.3 million. The loss came in at $38.25 per diluted share, a much worse result than Wall Street had penciled in. Four analysts tracked by Yahoo Finance expected an average GAAP loss of $18.98 per share. The...Cryptopolitan
Tue, May 5
White House now wants to review AI models before they are released to the public
The White House is considering a plan to review some of the most powerful artificial intelligence systems before they are released to the public. The proposal, first reported by The New York Times on May 4, would introduce federal scrutiny at a critical point in the AI lifecycle, just before deployment. Officials are increasingly concerned...Cryptopolitan
Tue, May 5
Is XRP A Scam Or A Trillion-Dollar Coin? Pundit Shares The Answers
The XRP price action has long been a topic of debate in the crypto community, with analysts and investors discussing the reasons behind its weak performance despite ongoing bullish developments. Given the cryptocurrency’s persistent downtrend, some market participants have labeled XRP a scam, sugges...NewsBTC
Tue, May 5
Bitcoin Price Could See A Double-Digit Crash Soon, According To The 750-Day Cycle
The crypto market could be headed toward a double-digit Bitcoin price crash, as an analyst has identified a historical pattern that he says has always occurred after BTC’s cyclical halving event. According to the expert, Bitcoin has always crashed exactly 750 days after its halving event, indicating...Bitcoinist
Tue, May 5
State Street and Galaxy Digital's new tokenized liquidity fund to support PYUSD
State Street Investment Management and Galaxy Digital have launched a tokenized liquidity fund aimed at giving institutional investors a way to move idle cash on-chain and earn yield in real time. The State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), announced May 5, is built initially on the Solana blockchain, with plans to expand to...Cryptopolitan
Tue, May 5
AMD rose about 5% after beating first-quarter revenue and adjusted earnings estimates
Advanced Micro Devices (AMD) rose about 5% in late trading Tuesday after the chip company beat Wall Street’s first-quarter targets and gave a stronger sales forecast for the next quarter. AMD reported $10.25 billion in quarterly revenue, above the $9.89 billion expected by LSEG. Adjusted earnings came in at $1.37 per share, beating the $1.29...Cryptopolitan
Tue, May 5
Cathie Woods calls crypto market cap at $28 trillion as BTC holds above $81K
Cathie Wood’s Ark Investment Management has outlined a $28 trillion total crypto market cap projection in the firm’s Big Ideas 2026 research report. The report comes as Bitcoin trades at around $81,313 with a $1.62 trillion market capitalization, according to CoinMarketCap data. Ark’s bull case for crypto growth Ark Invest’s forecast is a 10-times increase...Cryptopolitan
Tue, May 5
Andreessen Horowitz (a16z) has launched its fifth crypto fund, raising $2.2 billion
Andreessen Horowitz’s (a16z) crypto division announced its fifth and one of the largest dedicated crypto funds raised this year, with a $2.2 billion venture fund. The raise is the latest item on a growing list of institutional capital that has flowed into blockchain startups, even during a period that is generally regarded as a relatively...Cryptopolitan
Tue, May 5
Solana and Google have launched Pay.sh to enable agentic payment
The Solana Foundation and Google Cloud have launched Pay.sh, a payment gateway designed to let artificial intelligence agents access and pay for application programming interfaces (APIs) using stablecoins. The system introduces a pay-as-you-go model that allows AI agents to autonomously pay for data, compute, and services, using stablecoins on the Solana blockchain. The move reflects...Cryptopolitan
Tue, May 5
Solana Market Structure Warns Of More Downside Despite Oversold Conditions
Solana’s price action continues to flash caution signals, even as momentum indicators suggest oversold conditions. The broader market structure remains tilted to the downside, with bearish waves still unfolding and key support levels under pressure. Until a clear shift in structure and a strong bull...NewsBTC
Tue, May 5
Here’s What Triggered The Bitcoin Price Decline Before The Recent Bounce
Before its recent rebound, the downturn in Bitcoin’s price was attributed to several factors that significantly hampered its performance. However, one of these factors stood out the most during the downtrend, and that was heightened selling pressure in the market. Bitcoin Was Hampered By Selling Pre...Bitcoinist
Tue, May 5
Ferrari beat Q1 earnings, with its first EV debuting on May 25
Ferrari reported better-than-expected first-quarter profits on Tuesday, even as the global electric vehicle market continued to provide mixed signals to automakers. The Italian sports car firm announced adjusted earnings per share of 2.33 euros, or around $2.72, exceeding analyst projections of 2.27 euros. Revenue for the quarter totaled 1.85 billion euros. The figures kept up...Cryptopolitan
Tue, May 5
Wall Street and crypto infrastructure converge to scale global prediction markets
Major financial exchanges and cryptocurrency platforms are collaborating, altering how money flows via prediction markets. The numbers underpinning the shift are difficult to ignore. On April 30, 2026, Intercontinental Exchange, the business that operates the New York Stock Exchange, completed what it described as its finest quarter ever. Adjusted earnings per share increased 37% over...Cryptopolitan
Tue, May 5
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