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The Crypto Industry Is Dying, That Is A Good Thing, Says Anthony Pompliano
Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out ...NewsBTC
Fri, May 8
IREN Revenue Falls 22% to $145 Million as Bitcoin Miner Leans Harder into AI
IREN Limited (NASDAQ: IREN) has announced revenue fell to $144.8 million in the quarter ended March 31, 2026, down from $184.7 million in the prior quarter, as weaker Bitcoin economics collided with its ongoing buildout of AI Cloud capacity.Cryptopolitan
Fri, May 8
Wall Street’s Ethereum Expansion Gains Speed As Tokenized Treasuries Top $8 Billion
Six issuers are now behind the biggest milestone yet in Ethereum-based government debt. A Market Built By Many Hands BlackRock’s BUIDL fund, issued through Securitize, holds the largest share. But the race to $8 billion wasn’t a one-company story. Franklin Templeton’s iBENJI, Wisdo...Bitcoinist
Fri, May 8
XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance
US spot XRP exchange-traded funds recorded net inflows of $11.28 million on Tuesday, marking their second consecutive positive day — a streak that coincides with a sharp shift in who is actually moving XRP off centralized exchanges. Related Reading: Bitcoin Eyes $90K As Bears Get Burned Again Amid $...NewsBTC
Fri, May 8
eBay unconvinced by Ryan Cohen’s ‘memefied’ purchase offer
eBay Inc. (NASDAQ: EBAY) has received a takeover offer from GameStop Corp. (NYSE: GME), but this is not a friendly deal with both sides already at the table. GameStop sent the proposal without any earlier talks with eBay, and the offer is not binding. But for those of us familiar with CEO Ryan Cohen’s personality,...Cryptopolitan
Thu, May 7
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
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