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COIN declines 3% in after-trading hours as Coinbase Q1 earnings misses estimates
Coinbase (COIN) share price fell 3% during after-trading hours on Thursday as its lower-than-estimated Q1 earnings report cooled earlier bullish sentiment from its Deribit acquisition.
Bitcoin
Ethereum
Fxstreet
Thu, May 8
Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted
In a significant turning point for Ripple Labs, the blockchain payments company has reached a settlement with the US Securities and Exchange Commission (SEC) after years of legal battles regarding the classification of its associated token, XRP. SEC Settlement Provides Clarity For Ripple According t...
Bitcoinist
Thu, May 8
$263 Million In Crypto Shorts Rekt As Bitcoin Closes In On $100,000
Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations as Bitcoin and other assets have rallied. Bitcoin Is Close To Revisiting The $100,000 Mark After a pullback under $94,000 earlier in the week, Bitcoin has seen a rejuvenation of bullish momentum during the la...
Bitcoinist
Thu, May 8
Ripple (XRP) Sees Institutional Surge and 3.29% Price Increase in 24h, But Ruvi AI (RUVI) Is Expected to Reach $2.00 And Generate 20,000% Profits in 2025
XRP is all the rage in the financial world, with institutional demand and DeFi developments driving the buzz. But while XRP is making waves in the crypto space, Ruvi AI is preparing something entirely different at the intersection of AI and blockchain. The Vision Behind Ruvi AI Ruvi AI is not just another blockchain project. […]
Cryptopolitan
Thu, May 8
Meta back in stablecoin talks three years after phasing out landmark crypto project
Meta seems to have caught the stablecoin bug and is reportedly testing crypto waters again. According to sources, who spoke on the condition of anonymity, claimed the company has been engaging crypto firms with plans to introduce stablecoins as a means to manage payouts. It has even allegedly hired a vice president of product with […]
Cryptopolitan
Thu, May 8
Coinbase Global Inc Files For Mixed Shelf Offering Size Not Disclosed- SEC Filing
Coinbase Global Inc COIN.O:COINBASE GLOBAL INC FILES FOR MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILINGSource text: [ID:n0001679788-25-000091]
Reuters
Thu, May 8
Coinbase quarterly profit falls as expenses climb, shares down
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as a steep rise in costs more than offset revenue growth in its transaction and subscription units, sending its shares down 3% in extended trading. Total operating expenses soared 51% to $1....
Reuters
Thu, May 8
Bitcoin Price Flashes Signal That Has Led To A Surge Every Time
The Bitcoin price action has once again caught the attention of the broader crypto market, as it flashes major bullish signals that have, without fail, led to significant rallies throughout this cycle. Building on this technical signal, a crypto analyst has forecasted that Bitcoin could mirror histo...
NewsBTC
Thu, May 8
Arizona Passes Bitcoin Reserve Bill, Becomes Second US State
Arizona has enacted House Bill 2749, a measure that rewrites the state’s unclaimed-property code to cover cryptocurrencies and creates a “Bitcoin & Digital Assets Reserve” funded entirely from abandoned digital holdings. Governor Katie Hobbs’ signature makes Arizona the second state after New Ha...
Bitcoinist
Thu, May 8
Analyst Puts Cardano and This ADA Rival Prices As High As $3, The Timeline Will Shock You
Analysts predict that Cardano (ADA) might reach $1 in 2025 while setting a potential peak price of $3.29 for 2028 as its current trading value stands at $0.7099. Mutuum Finance (MUTM) attracts numerous investors during its phase 4 presale at $0.025 and has already raised $7.8 million from token sales. As of now MUTM has […]
Cryptopolitan
Thu, May 8
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK, May 8 (Reuters) - Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud.Mashinsky'...
Reuters
Thu, May 8
CORRECTED-Coinbase quarterly profit falls on higher expenses
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as costs rose. The company earned adjusted net income of $526.6 million, or $1.94 per share, for the three months ended March 31, compared with $679.2 million, or $2.53 per share, a year earlier.
Reuters
Thu, May 8
Áttörő projektek uralják a 3 legjobb altcoint, amit 2025 májusában érdemes megvenni
Végre a hasznosság váltja le a hype-ot a blokkláncban? Ez a kérdés rázza meg a listákat. Míg a nagy nevek tartják a helyüket, a hangsúly most a valós világbeli integrációra helyeződik át. Az adatvédelmi tokenektől a több láncból álló ökoszisztémákig új szereplők emelkednek fel tényleges teljesítmény...
NewsBTC
Thu, May 8
Arbitrum DAO earmarks $11M for tokenized US Treasurys investment
The Arbitrum Foundation took to X, formerly Twitter, earlier today to announce that the DAO is moving on to the next phase of its Stable Treasury Endowment Program (STEP), after an on-chain vote. As part of the new phase of the DAO’s initiative to diversify its treasury with investments in real-world assets (RWAs), it will […]
Cryptopolitan
Thu, May 8
Uniswap (UNI) Blastoff At Hand? The Sleeping Giant Awakens At $4.6 Support
Uniswap (UNI) is showing signs of a powerful resurgence as it firmly holds the $4.60 support level, a critical zone that could ignite the next major rally. After weathering recent market turbulence, UNI’s price action is now flashing bullish signals, suggesting that the asset may be gearing up for a...
NewsBTC
Thu, May 8
Celsius Network’s Alex Mashinsky sentenced to 12 years for crypto fraud
The founder of Celsius Network Alex Mashinsky was sentenced to 12 years, after expectations of a 20-year prison stay. Mashinsky will forfeit $48M in personal wealth and nine specific real estate properties to partially compensate depositors.
Cryptopolitan
Thu, May 8
Whales accumulated over 880M XRP in the past month
Ripple's XRP traded sideways in April, but saw increasing whale accumulation in April, with over 880M tokens going into whale wallets.
Cryptopolitan
Thu, May 8
Deals of the day-Mergers and acquisitions
May 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Swiss lender UBS UBSG.S is in talks to sell its hedge fund unit, O'Connor, to U.S. brokerage Cantor Fitzgerald, Bloomberg News reported on Thursday, citing people familiar with the ...
Reuters
Thu, May 8
Analyst Who Recently Called XRP Rally From $0.5 To $3 Reveals New Altcoin Set To Rally 13,380%
Ripple (XRP) experienced a spectacular increase between November 2024 and January 2025 which took its value from $0.50 to $3.39 while delivering an unprecedented 578% profit to the crypto market. A keen market observer noticed this astronomic rise of both investors’ interest and technical indicators which revealed the future movement of XRP. Mutuum Finance (MUTM) […]
Cryptopolitan
Thu, May 8
US removes tariffs on some UK goods in a deal between the two
The UK has secured a landmark trade deal with the US, marking a significant moment in post-Brexit trade and providing a lifeline to key British industries. The pact, hailed as a “historic day” by both UK Prime Minister Keir Starmer and US President Donald Trump, will slash tariffs on a range of exports, helping to […]
Cryptopolitan
Thu, May 8
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