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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
Ten charged in UK crypto scam that cost one victim £300,000
Ten charged in UK after raids dismantle alleged crypto scam ring that posed as police and real companies to steal seed phrases. One victim lost £300,000.
Cryptopolitan
Thu, May 7
Altcoins Aren’t Going Anywhere — Even After Brutal Crashes: Arthur Hayes
Privacy concerns tied to artificial intelligence may be one of the strongest cases yet for owning certain altcoins or cryptocurrencies. That was one argument Arthur Hayes made at Consensus 2026, where the BitMEX co-founder laid out a broad defense of the altcoin market and named the specific tokens ...
NewsBTC
Thu, May 7
Bitcoin Climbs Back To $82,800 Amidst Market Recovery – Here’s What Investors Are Up To
Bullish momentum is building around the crypto market, and Bitcoin, the leading digital asset, is steadily trending upwards, breaking past key resistance levels that previously capped its rally. Since BTC’s price found its footing again, positive sentiment has improved around the asset, with buying ...
Bitcoinist
Thu, May 7
Strategy's value could improve in 2026 if Michael Saylor sticks to hint of buying more Bitcoin than he sells
Strategy’s accumulation of Bitcoin and shift toward perpetual preferred stock financing could improve the company’s capital structure and share performance through the rest of 2026, regardless of proposed selling plans. Michael Saylor posted “Buy more bitcoin than you sell” earlier on X, a pointed response after Strategy disclosed earlier this week that it would likely...
Cryptopolitan
Thu, May 7
MANTA price prediction 2026-2032: Will Manta Network survive or crash?
Key Takeaways: Launched in September 2023, Manta Network gained significant attention within the cryptocurrency community after its token generation event, leading to trending status on major coin aggregators and news outlets. Beyond the initial buzz, Manta Network presents innovative technology through a modular zero-knowledge (ZK) rollup for Ethereum, featuring Solidity smart contracts and a decentralized...
Cryptopolitan
Thu, May 7
Meta receives a letter from Senator Elizabeth Warren over its stablecoin plan
Meta (NASDAQ: META) is under fire again with Senator Elizabeth Warren as the company plans to roll out stablecoin features to its billions of users. Senator Warren shared her concerns that Meta’s stablecoin ambitions are a threat to financial security. She has also been vocal about her criticism of the Trump administration’s involvement in the...
Cryptopolitan
Thu, May 7
VeChain price prediction 2026-2032: What’s the growth potential of VET?
Key takeaways Despite occasional market volatility and significant regulatory uncertainties, VeChain demonstrates resilience and a strong value proposition, which is vital for the vechain ecosystem positioning itself as a leader in blockchain-based solutions for global supply chains, transparency, product authentication, and data management. VeChain aims to leverage blockchain technology to address global supply chain and...
Cryptopolitan
Thu, May 7
Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price
Bitcoin is approaching a critical juncture as market data reveals a massive long liquidation imbalance, with an estimated $15 billion in leveraged positions sitting below the current price. This concentration of downside liquidity creates a high-risk environment where even a modest drop could trigge...
NewsBTC
Thu, May 7
Ripple, Mastercard, And JPMorgan Break Ground As XRP Drives Interbank Settlement Rails
Ripple and XRP moved further into institutional finance after Mastercard, Ondo Finance, and Kinexys by JPMorgan completed a major blockchain-based settlement pilot involving tokenized US Treasuries. Announced on May 6, 2026, the pilot transaction connected the XRP Ledger with traditional interbank p...
Bitcoinist
Thu, May 7
South Korea locks 2027 crypto tax as traders weigh exit
The South Korean government has made a decision regarding the delayed 22% tax on profits from virtual assets.
Cryptopolitan
Thu, May 7
Poland weighs rival crypto bills as MiCA rules face delay
Two separate draft laws will be competing to determine the future of Poland’s cryptocurrency market, arguably the largest in Central and Eastern Europe.
Cryptopolitan
Thu, May 7
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