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Ethereum Freeze Battle Intensifies As Aave Seeks Restraining Notice Lift
A $300 million bond demand is now at the center of a legal fight over 30,766 Ethereum frozen in the wake of April’s Kelp DAO hack — and a New York court will decide whether the funds stay locked or flow to victims. Related Reading: Bitcoin Buying Streak Ends: Saylor Confirms No New Strategy Pu...Bitcoinist
Wed, May 6
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC and ETH challenge resistance, XRP shows strength
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extend gains on Wednesday, rising over 3.4%, 2%, and 2%, respectively, so far this week. BTC and ETH are approaching their key resistance zones that could determine their next directional move.
Coinbase CEO Brian Armstrong pushes AI-first overhaul, fires 700 people
Coinbase (COIN) is cutting about 700 workers, equal to roughly 14% of its global staff, as CEO Brian Armstrong rebuilds the crypto exchange around AI, lower costs, and smaller teams. The company expects most job cuts to be completed in the second quarter of 2026. Coinbase also expects to book about $50 million to $60...Cryptopolitan
Wed, May 6
Ethereum Price On Verge Of Breakout, Can Bulls Seize Control?
Ethereum price started a fresh increase and remained stable above $2,360. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,360 zone. The price is trading above $2,355 and the 100-hourly Simple Moving Average. There is a bullis...NewsBTC
Wed, May 6
DSA Champions Financial Leadership at Smarter Faster Payments, YPO’s GLC Chicago, and Bitcoin Vegas 2026
Washington, D.C., May 5, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research and education surrounding emerging technologies, today announced the successful conclusion of its participation in three industry events: Smarter Faster Payments, the YPO Global Leadership Conference (GLC Chicago), and Bitcoin Vegas. Held April...Cryptopolitan
Wed, May 6
Bitcoin Price Keeps $80K Support, Can Bulls Extend Rally Soon?
Bitcoin price started a fresh increase and cleared the $80,800 zone. BTC is consolidating and might aim for more gains above the $81,500 level. Bitcoin managed to stay above $80,000 and started a fresh increase. The price is trading above $80,500 and the 100 hourly simple moving average. There is a ...NewsBTC
Wed, May 6
XRP’s On-Chain Data Says Accumulation, But The Chart Is Warning Of A Squeeze – Analyst
XRP has reclaimed the $1.40 level as the market heats up and buyers begin asserting control after weeks of consolidation. The move is modest but directional — and a CryptoQuant analyst has just identified a signal in the order flow data that suggests the current recovery may have considerably more s...Bitcoinist
Wed, May 6
Institutions Are Buying 6x Bitcoin’s Daily Supply: Is $96,000 Next?
Bitcoin’s latest rally is being driven by a sharp acceleration in institutional demand, according to Capriole Investments founder Charles Edwards, who says large buyers are now absorbing roughly six times the amount of BTC mined each day. The setup has pushed several of Capriole’s long-running Bitco...NewsBTC
Wed, May 6
Samsung stock rallies by 12% as market cap hits new all-time high of $1 trillion
Samsung Electronics (005930.KS) jumped 12% on Wednesday, and that was enough to push its value above $1 trillion. The rise put Samsung in this cute little club, as it became the second Asian company to cross $1 trillion, behind TSMC (TSM). FactSet data showed that Samsung first crossed that level on February 26, but Wednesday’s...Cryptopolitan
Wed, May 6
Why is Intel’s INTC stock suddenly up by over 17%, and how much has Trump made from it now?
Intel (INTC) is back in Wall Street’s face after a brutal rally that pushed the stock above 17% in one day. Shares gained 13% on Tuesday and reached a record $110 before another 4.76% jump after regular trading ended. The reason was simple: traders saw a new chance that Intel could land deeper work with...Cryptopolitan
Wed, May 6
CFTC moves to codify non-custodial software protections after Phantom “no-action” precedent
CFTC Chair Mike Selig said the agency will move to convert its March no-action position for Phantom Technologies into formal rulemaking, signaling a shift from one-off staff guidance to durable cross-industry protection for non-custodial software developers. Speaking at Consensus Miami on Tuesday, Selig framed the change as the next phase in a deliberate sequence. As...Cryptopolitan
Wed, May 6
Strategy reports $14.46 billion unrealized Bitcoin loss in Q1 amid treasury growth
Bitcoin (BTC) treasury firm Strategy on Tuesday reported its first-quarter results, highlighting a significant unrealized loss on its BTC holdings even as the company continued to expand its balance sheet and scale its Digital Credit offerings.Fxstreet
Wed, May 6
Trump-Linked WLFI Files Major Defamation Lawsuit Against Billionaire Justin Sun
Justin Sun called it a “meritless PR stunt.” World Liberty Financial, or WLFI called it a lawsuit. Related Reading: Long-Dormant Bitcoin Whale Transfers 11,300 BTC, Sparking Market Speculation WLFI Vs. Sun: A Public Feud Goes Legal The Trump-affiliated crypto project filed a defamation c...NewsBTC
Wed, May 6
XRP Reserves On Binance Are Crashing Rapidly, But Is This A Good Thing For Price?
XRP’s price action is somewhat muted, but Binance reserve data is showing a different kind of pressure building under the price movement. The exchange’s XRP balance has fallen from about 3.05 billion tokens to roughly 2.75 billion in less than a year, placing reserves near multi-year lows. The decli...Bitcoinist
Wed, May 6
Dogecoin’s XRP Fractal Just Put A Date On The Next ATH Run: Analyst
Dogecoin may not be finished with its multi-year compression phase if a new XRP fractal chart from analyst Charting Guy continues to track. The setup suggests DOGE’s next decisive run toward a prior-cycle high could arrive around mid-2028, with the chart mapping a prolonged base before any attempt a...NewsBTC
Wed, May 6
Kelp DAO drops LayerZero for Chainlink CCIP, says it was sold the failed setup
In an X post on May 5, Kelp DAO confirmed that it is migrating its rsETH liquid restaking token away from LayerZero’s OFT standard to Chainlink’s CCIP, citing the April 18 exploit that drained $292 million. With the announcement, Kelp DAO also published screenshots of communications with LayerZero personnel showing the company’s team approved the...Cryptopolitan
Wed, May 6
Michael Saylor announces he'll sell off Strategy's Bitcoin after 3rd earnings miss in a row
Michael Saylor has now put Strategy’s Bitcoin pile in the same bucket as every other company asset: useful, valuable, and possible to sell when the company needs cash. That is the real story from Strategy (MSTR) after its third straight earnings miss, because Saylor himself said the company could sell Bitcoin if that helps the...Cryptopolitan
Wed, May 6
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