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Crypto Today: Bitcoin, Ethereum and XRP set to extend rebound, attracting capital through ETFs
Cryptocurrency prices are broadly rising on Tuesday, as observed with Bitcoin (BTC) steadying near $81,000 after reclaiming the pivotal $80,000 level as immediate support. Ethereum (ETH) is similarly in bullish hands, pushing into the $2,400 supply zone while Ripple (XRP) gains momentum above $1.41.
700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. Related Reading: Why...NewsBTC
Tue, May 5
Top Ethereum Holder Makes Bold Move Says ETH Is Close to Generational Run, Here’s When
Bitmine Immersion Technologies, the world’s largest known Ethereum treasury company, acquired an additional 101,745 ETH last week for over $240 million, pushing total holdings to 5.18 million tokens — as Chairman Thomas “Tom” Lee declared that a new crypto cycle has quietly begun. ...Bitcoinist
Tue, May 5
Bitcoin Market Rocked By $1.6 Billion Wave Of Aggressive Selling
If Bitcoin closes above $80,000 on a daily candle, a short squeeze could send prices racing toward $82,230 — a level that hasn’t been tested in seven months. Related Reading: XRP Bulls Eye Breakout As Ripple Unveils 13,000 Bank Connections Worldwide That’s the scenario analysts are watch...NewsBTC
Tue, May 5
Kraken’s Payward Files Lawsuit Against Crypto Custodian Etana, Alleging $25M Ponzi Plot
Payward, the parent company of cryptocurrency exchange Kraken, has filed a lawsuit against its very own crypto custodian, Etana Custody, and its CEO, Brandon Rusell, alleging that Etana misappropriated more than $25 million in client funds and operated what Payward characterizes as a “Ponzi-like” sc...Bitcoinist
Tue, May 5
Solana, TRON, XRP, and BNB Make Debut at Moscow Exchange, These Top Altcoins Will Follow
Russia’s Moscow Exchange (MOEX) will begin publishing four new cryptocurrency indexes — tracking Solana, XRP, TRON, and BNB — starting May 13, 2026, marking the first time the country’s leading securities exchange has extended its regulated crypto benchmark suite beyond Bitcoin and Ether...NewsBTC
Tue, May 5
Iran Launches Missiles At UAE — Bitcoin Price Barely Blinks
A fire broke out at a petroleum facility in Fujairah after Iran launched four ballistic missiles at the UAE, confirming what many feared — the fragile ceasefire between Iran and the US was fracturing in real time. Related Reading: Satoshi’s 22,000 Wallets Could Make Quantum Attacks On Bitcoin Far Mo...NewsBTC
Tue, May 5
Why is Crypto Up Today? Bitcoin Price Faces ‘Real Test’ At This Key Level
Bitcoin and major cryptocurrencies have staged a notable recovery over the past two weeks, with BTC climbing back toward the $80,000 area from lows near $75,000 — a move underpinned by renewed institutional demand and easing geopolitical risk, according to the market insights team at QCP Capital, on...NewsBTC
Tue, May 5
Pi Network Price Forecast: PI flashes bullish signals as mainnet migration pauses, sentiment recovers
Pi Network (PI) hovers above $0.1800 at press time on Tuesday, holding steady after a 3% surge the previous day. Recovery in the broader market sentiment and the five-day delay in fresh supply migration to the mainnet ease downside pressure on the PI token price.Fxstreet
Tue, May 5
Bitmine Adds 101,745 ETH, Moves Closer To 5% Ethereum Supply Goal
Ethereum treasury company Bitmine has expanded its holdings with another ETH acquisition, reaching 86% of the way to its 5% supply goal. Bitmine Accumulated 101,745 ETH Over The Past Week According to a press release, Bitmine has furthered its Ethereum accumulation over the past week. In total, the ...Bitcoinist
Tue, May 5
Alchemy Pay price prediction 2026-2032: Is ACH a good investment?
Key takeaways: Alchemy Pay (ACH) is a cross-functional payment solution making significant strides in bridging the gap between fiat and cryptocurrency payment ecosystems. The platform’s robust framework enables global consumers to connect with merchants, developers, and institutions worldwide, facilitating transactions across multiple fiat currencies and cryptocurrencies. This functionality enhances Alchemy Pay’s adaptability and positions it...Cryptopolitan
Tue, May 5
TON Jumps 30% As Durov Says Telegram Will Take The Lead
Toncoin surged sharply after Pavel Durov said Telegram will replace the TON Foundation as the main driving force behind The Open Network and become its largest validator, marking the messaging platform’s most explicit operational step back into the blockchain it originally launched. TON climbed from...NewsBTC
Tue, May 5
Bitcoin Treasury Race Shifts: Strive Adds $34M BTC As Strategy Slows Down
Strive Asset Management reported a quarterly Bitcoin yield of 4.3% and a yearly performance of 18.7% — figures that came alongside its latest purchase announcement and paint a picture of a firm moving with quiet urgency. A Firm Built Around Accumulation On Monday, CEO Matt Cole confirmed that Strive...Bitcoinist
Tue, May 5
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