XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand
XRP rebounds 30% from February lows as whale selling hits 4-year low. Analysts project $12 target while ETF inflows reach $81.6M. Key levels analyzed. The post XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand appeared first on Blockonomi.
BitMine to Reduce Ethereum Demand
BitMine is nearing its Ethereum accumulation goal and plans to decelerate its purchasing pace. This was announced by Chairman Tom Lee at the Consensus 2026 conference in Miami, reports CoinDesk. The firm holds over 5.1 million ETH valued at $11.9 billion. Initially, BitMine aimed to accumulate 5% of the total asset supply over five years. A year into the strategy, the company controls 4.29% of the issuance. At the current rate of 100,000 ETH per week, the target will be reached in about a month and a half, prompting management to discuss slowing down purchases. BitMine is one of the few major companies that continued buying cryptocurrency during the market correction. In contrast, Strategy resorted to selling bitcoins to pay dividends. Lee emphasized that BitMine remains profitable through staking and cash generation. Approximately 85% of the company's assets are locked in protocols, yielding over $300 million annually or about $111 million daily. This allows the firm to avoid selling coins during periods of high volatility. The freed-up capital will be directed towards a $444 billion share buyback and the development of the institutional platform MAVAN. The service already manages $14 billion in assets in ETH, Solana, and Canton. BitMine is also investing in projects at the intersection of AI and consumer platforms, including Eightco Holdings and Beast Industries. Lee believes Ethereum will benefit from the tokenization of financial assets and the advancement of artificial intelligence systems. Ethereum at $60,000 Two days earlier, speaking at Paris Blockchain Week, Lee declared the end of the bear trend. In his view, the current downturn was a "mini-crypto winter," and the stock market has already bottomed out. Lee described Ethereum as the most profitable asset since the onset of the Middle Eastern crisis: the cryptocurrency outperformed the energy sector and the S&P; 500 index by nearly 20%. The analyst forecasted the altcoin's price to rise to $12,000 in the near term and to $60,000 by 2028. His optimism is based on two factors: widespread asset tokenization and the development of AI systems. According to BitMine's chairman, blockchains will become the settlement base for AI agents, as neural networks find it more convenient to use cryptocurrencies for micropayments instead of traditional banking systems. On May 1, Ethereum Foundation completed its third over-the-counter ether sale to BitMine. The firm acquired 10,000 ETH at an average price of $2,292.
RBC Capital Markets Elevates S&P 500 Forecast to 7,900 Amid AI-Driven Growth
RBC Capital Markets raises S&P 500 target to 7,900, citing AI-driven earnings growth in a divided economy while cutting healthcare sector rating. The post RBC Capital Markets Elevates S&P 500 Forecast to 7,900 Amid AI-Driven Growth appeared first on Blockonomi.
BNY Partners with Key Companies to Expand Crypto Custody in the UAE
BNY, the world’s largest custodian bank overseeing $59.4 trillion in assets, has announced a strategic collaboration with Finstreet Limited and ADI Foundation to build regulated, institutional-grade digital asset custody infrastructure anchored in the Abu Dhabi Global Market (ADGM) — marking the first time a US global systemically important bank has brought crypto custody to the […]
Gold Surges Past $4,700 Mark Amid Central Bank Buying Spree and Geopolitical Concerns
Gold surges past $4,700 with central bank buying and Middle East tensions driving gains. Traders monitor U.S. jobs data for Federal Reserve rate signals. The post Gold Surges Past $4,700 Mark Amid Central Bank Buying Spree and Geopolitical Concerns appeared first on Blockonomi.
Web3 jobs enter AI agent manager era as hiring shifts
CryptoJobsList says AI skills now appear in 53.1% of Web3 job posts, with AI-ready workers earning a $20K salary premium.
Why is the crypto market going down today? (May 8)
The crypto market turned sharply lower on Friday, with total market capitalization falling nearly 3.8% to around $2.61 trillion as renewed military tensions between the United States and Iran triggered a broad risk-off move across global markets. Bitcoin (BTC) dropped…
Tom Lee: Ethereum Is the Best-Performing Asset Since the Middle East Crisis Began
TLDR: Ethereum has outperformed all global assets since the Middle East crisis, beating the S&P 500 by nearly 20 percentage points. Tom Lee projects Ethereum could reach $60,000, driven by tokenization and agentic AI demand on the blockchain network. BitMine has acquired 4% of Ethereum’s total supply and is actively targeting a 5% stake through [...] The post Tom Lee: Ethereum Is the Best-Performing Asset Since the Middle East Crisis Began appeared first on Blockonomi.
Toncoin (TON) Is Most Oversold Asset: How Price Will Be Affected
Toncoin is nearing extremely dangerous point where any reversal might end a potential price rally.
Coinbase and Stripe to Facilitate Amazon’s AI Agent Payment Launch
AWS has unveiled Amazon Bedrock AgentCore Payments, a toolkit for autonomous payments by AI agents. Agents that reason, plan, and act can now transact.AgentCore payments in Amazon Bedrock AgentCore is now in preview. AI agents can instantly access and pay for APIs, MCP servers, web content, and other agents during execution—no bespoke billing integrations required.Built… pic.twitter.com/jtMj5fPyvD— Amazon Web Services (@awscloud) May 7, 2026 This new product is designed for digital assistants created in Amazon Bedrock AgentCore, enabling them to independently pay for access to web content, API, MCP servers, and other agents. Developers can connect a Coinbase or Stripe wallet and fund it with stablecoins or fiat currency. Initially, payments will be processed in USDC. How It Works Coinbase explained that applications for agent transactions can be created based on the x402 protocol. It allows AI agents to conduct microtransactions in Circle's "stablecoin." Every agent deserves a wallet.So we’re helping every dev on Amazon Bedrock AgentCore give their agents one.Autonomous spending, budget controls, built-in compliance, and USDC settlement on @base.This is the future, powered by x402. https://t.co/oyaHu7gEG1— Coinbase 🛡️ (@coinbase) May 7, 2026 Such payments are necessary for autonomous scenarios like purchasing data or calling paid APIs, with amounts calculated in fractions of a cent. Traditional cards and bank transfers are less cost-effective and slower. AWS described AgentCore Payments as "the first managed payment tool specifically designed for AI agents." Essentially, the company has developed a payment layer for the agent economy, where AI-based systems independently seek services, negotiate, and pay for the necessary infrastructure. The Role of Stripe Stripe will provide part of the payment and wallet infrastructure. Privy, acquired by the company in 2025, is also involved in the project, developing a system for connecting agents to payments. 1/ Today, we're proud to announce that @awscloud Bedrock AgentCore payments is integrating Privy wallet infrastructure.This helps developers develop agentic payment solutions that can reason, act, and now transact—with payments built directly into how they operate. pic.twitter.com/pvDweWE3Wg— Privy (@privy_io) May 7, 2026 The CEO of the payment firm, Henri Stern, emphasized that the company is building "economic infrastructure for artificial intelligence." "For agents to become significant economic participants, they need a way to store and spend money," he noted. Earlier in May, Solana Foundation, in collaboration with Google Cloud, launched a payment system for AI assistants—Pay.sh.
TSMC (TSM) Stock Surges as April Revenue Climbs 17% Fueled by AI Chip Boom
TSMC (TSM) reports April revenue surge of 17.5% to $13.08B. Strong AI chip demand drives Q2 guidance to $40.2B. Stock up 35% YTD. Analysis inside. The post TSMC (TSM) Stock Surges as April Revenue Climbs 17% Fueled by AI Chip Boom appeared first on Blockonomi.
Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises
Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises In the middle of a tough crypto bear market, top venture capital firms are making big moves. They have raised more than in just three months. This shows strong […] The post Crypto VC Titans Secure Over $6 Billion in Bear Market Fundraises appeared first on Blockmanity.
Shopify (SHOP) Stock: ARK Invest Buys $32M Following Q1 Earnings Beat
Shopify (SHOP) posted Q1 revenue of $3.17B, up 34.3% YoY, yet shares dipped. Cathie Wood's ARK bought $32.6M worth. Analysts see 41% upside potential. The post Shopify (SHOP) Stock: ARK Invest Buys $32M Following Q1 Earnings Beat appeared first on Blockonomi.
Polygon reduces block time amid stablecoin push
Polygon has reduced its average block time to 1.75 seconds as the network expands infrastructure built around stablecoin payments and institutional settlement tools. Polygonscan data showed the latest Polygon blocks were being produced in 1.75 seconds after the network implemented…
Robinhood CEO Says US ‘Very Close’ to Passing Crypto Clarity Act
Robinhood’s Vlad Tenev revealed the U.S. is on the verge of passing the Crypto Clarity Act, legislation that would establish a formal regulatory framework for digital assets in America for the first time. Landmark Legislation for Digital Finance The co-founder and chief executive of Robinhood said Friday that the U.S. is finalizing the passage of […]
Nvidia (NVDA) Stock: Goldman Sachs Ups Forecasts 12% Before May 20 Earnings Report
Goldman Sachs upgrades Nvidia (NVDA) estimates by 12% ahead of May 20 earnings, maintaining $250 price target despite high bar for outperformance. The post Nvidia (NVDA) Stock: Goldman Sachs Ups Forecasts 12% Before May 20 Earnings Report appeared first on Blockonomi.
Rackspace (RXT) Stock Soars 80% Following AMD Partnership for AI Cloud Infrastructure
Rackspace (RXT) stock jumped 80%+ after announcing an AI cloud partnership with AMD. The deal targets regulated enterprises with managed infrastructure. The post Rackspace (RXT) Stock Soars 80% Following AMD Partnership for AI Cloud Infrastructure appeared first on Blockonomi.
Coinbase perps shake-up hits KAITO, CAKE, VET and more
Coinbase will suspend 12 perpetual futures on May 21, settling open positions as it reviews liquidity and market-quality standards in crypto
Operation Epic Fury targets Iran, Khamenei assassination raises leadership change odds
The assassination may destabilize Iran's political landscape, increasing uncertainty and impacting regional security and global markets. The post Operation Epic Fury targets Iran, Khamenei assassination raises leadership change odds appeared first on Crypto Briefing.
Block (XYZ) Shares Surge 8% Following Impressive Q1 Earnings Performance
Block (XYZ) stock jumped 7.9% after reporting Q1 earnings of $0.85 per share, crushing estimates by 25%. The company raised its full-year 2026 guidance. The post Block (XYZ) Shares Surge 8% Following Impressive Q1 Earnings Performance appeared first on Blockonomi.
Nebius (NBIS) Stock: 5 Key Metrics to Monitor Ahead of Wednesday’s Q1 Report
Nebius (NBIS) reports Q1 earnings May 13. Analysts expect 600% revenue growth, $46B contract backlog, and fresh AI acquisitions. What investors should watch. The post Nebius (NBIS) Stock: 5 Key Metrics to Monitor Ahead of Wednesday’s Q1 Report appeared first on Blockonomi.
IREN (IREN) Stock Rockets 27% Following Major Nvidia Deal and Spain Acquisition
IREN (IREN) stock soared 27% after revealing a Nvidia partnership for AI infrastructure and acquiring Spain-based Ingenostrum data center developer. The post IREN (IREN) Stock Rockets 27% Following Major Nvidia Deal and Spain Acquisition appeared first on Blockonomi.
Payward buys Reap for $600M to expand stablecoin payment services in Homg Kong
Kraken parent Payward has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, adding card issuance and cross-border stablecoin payment infrastructure to its expanding business services platform. Payward announced Thursday that the transaction will be paid through…
Another Pi Network Sell-the-News Moment as PI Plunges Hard Again?
PI is among the poorest performers today.
Trump demands charges against Jeffries for ‘maximum warfare’ rhetoric
Increased partisan tensions may shape public perception and influence market expectations ahead of the 2026 midterm elections. The post Trump demands charges against Jeffries for ‘maximum warfare’ rhetoric appeared first on Crypto Briefing.
US sentences ‘laptop farmers’ who assisted North Korean IT workers
The US Justice Department said it recently secured two sentences against men hosting laptops for North Korean workers, marking a total of eight sentences in five months.
Zcash gains 70% in a week amid growing interest in crypto privacy
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance.
CLARITY Act support carries electoral boost, HarrisX poll finds
The poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill.
X Adds Live XRP Charts to Posts
Social media platform X has rolled out a major update for its financial and crypto communities, allowing users to embed live price charts and market data directly into their timelines using the "Cashtag" feature.
Crypto firms warned as DPRK laptop farm cases grow
U.S. courts sentenced two laptop farm operators who helped North Korean IT workers access firms, as crypto insider-risk warnings rise today.
Aptos Foundation Commits $50 Million to Build the Full Stack for Markets and Machines
TLDR: Aptos Foundation and Aptos Labs have committed over $50M to fund trading and AI infrastructure development. Stablecoin market cap on Aptos reached an all-time high of $1.93B, while RWAs climbed to $1.2B on-network. Decibel crossed $1B in cumulative onchain trading volume, with every trade permanently burning APT tokens. Upcoming upgrades include an encrypted mempool, [...] The post Aptos Foundation Commits $50 Million to Build the Full Stack for Markets and Machines appeared first on Blockonomi.
Bitcoin (BTC) Three-Month Rally Marks End of Bear Market, Tom Lee Declares
Tom Lee says Bitcoin's three consecutive monthly gains signal the end of the bear market, with BTC trading near $80K and AI, tokenization fueling growth. The post Bitcoin (BTC) Three-Month Rally Marks End of Bear Market, Tom Lee Declares appeared first on Blockonomi.
Sei Labs Sets June 15 Deadline for Exchange EVM Migration
TLDR: Sei Labs requires all exchanges to complete SEI EVM migration by June 15, 2026, or face fund loss. Every native sei1… address already has a paired EVM 0x… address on the same Sei blockchain. Four migration paths exist, ranging from automated smart contracts to fully manual fund transfers. After deprecation, Cosmos RPC endpoints and [...] The post Sei Labs Sets June 15 Deadline for Exchange EVM Migration appeared first on Blockonomi.
Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over
Coinbase reported a net loss of $394 million for the first quarter of 2026, swinging from a $65.6 million profit in the same period last year and missing Wall Street expectations on both revenue and earnings per share — as a sharp pullback in crypto prices and trading volumes hit the exchange’s core business harder […]
DMG Blockchain Mines 21 BTC in April 2026: Strategic Shift to AI/HPC via New DMG Infrastructure Subsidiary
DMG Blockchain’s Latest Mining Update: Steady Output Amid Big Changes In the fast-moving world of Bitcoin mining, DMG Blockchain Solutions has shared its April 2026 results. The company mined , a small drop from 23 BTC in March. This comes […] The post DMG Blockchain Mines 21 BTC in April 2026: Strategic Shift to AI/HPC via New DMG Infrastructure Subsidiary appeared first on Blockmanity.
AWS Partners with Coinbase and Stripe to Enable AI Agent Cryptocurrency Payments
AWS launches Bedrock AgentCore Payments with Coinbase and Stripe, enabling AI agents to make USDC stablecoin micropayments on Solana and Base networks. The post AWS Partners with Coinbase and Stripe to Enable AI Agent Cryptocurrency Payments appeared first on Blockonomi.
Toncoin (TON) Price Skyrockets 114% After Durov’s Blockchain Upgrade Announcement
Toncoin (TON) surged 114% in three days to $2.90 after Pavel Durov endorsed network upgrades and announced deeper Telegram blockchain integration. The post Toncoin (TON) Price Skyrockets 114% After Durov’s Blockchain Upgrade Announcement appeared first on Blockonomi.
Dogecoin (DOGE) Faces Downward Pressure as Bearish Pattern Emerges
Dogecoin (DOGE) falls 4.62% to $0.106 as bearish wedge forms. ETF inflows resume after week-long pause. Key support at $0.10 could determine next move. The post Dogecoin (DOGE) Faces Downward Pressure as Bearish Pattern Emerges appeared first on Blockonomi.
Bitmine (BMNR) Stock: ETH Acquisition Pace May Decline as 5% Milestone Approaches
Bitmine (BMNR) nears its 5% ETH supply target in under a year. Tom Lee says purchases may slow as the firm considers its $4B buyback and staking revenue. The post Bitmine (BMNR) Stock: ETH Acquisition Pace May Decline as 5% Milestone Approaches appeared first on Blockonomi.
Bitcoin Market Structure Has Been Quietly Changing Since 2018: Here’s The Institutional Timeline Behind It
Bitcoin is trading above $80,000 as the market builds toward what participants on both sides of the trade increasingly describe as a decisive moment. The price recovery has been real and sustained — but top analyst Darkfost has published an analysis that invites a more fundamental question than where Bitcoin goes next: whether the market […]
Why Bitcoin Slips Under $80K Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge
Why Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge Bitcoin has taken a sudden dip, falling below the mark. This drop comes right after a strong rally, but now is shaking things up. Even with over […] The post Why Bitcoin Slips Under $80K Amid Iran-US Tensions: $1B ETF Inflows Fail to Halt Profit Booking Surge appeared first on Blockmanity.
2026 Midterms Could Reshape Crypto Policy Landscape, Tether Executive Warns
Tether's Jesse Spiro warns 2026 midterms pose major risks to crypto policy gains. Industry leaders discuss political strategy at Consensus Miami 2026. The post 2026 Midterms Could Reshape Crypto Policy Landscape, Tether Executive Warns appeared first on Blockonomi.
Aptos Foundation and Labs back AI future with $50M fund
Aptos committed $50M to AI agent infrastructure, backing Decibel and Shelby as onchain payments and machine trading expand across crypto AI.
Coinbase Buys $88 Million Worth of Bitcoin in Q1 2026
Coinbase disclosed during its Q1 2026 earnings call that it purchased $88 million worth of bitcoin during the quarter, marking a significant addition to the publicly listed exchange’s corporate treasury. Strong Accumulation Signal Coinbase, the only major U.S.-listed cryptocurrency exchange, added bitcoin to its corporate treasury during the first quarter of 2026, disclosing a purchase […]
JPMorgan Observes Capital Shift from Gold to Bitcoin
JPMorgan analysts have observed a shift in investor priorities following the escalation of conflict in the Middle East. According to their data, market participants are increasingly opting for bitcoin over gold to safeguard capital against inflation and market risks, reports The Block. The inflow of funds into spot bitcoin-ETFs has continued for the third consecutive month. From April 30 to May 6, investors poured in $1.69 billion. Gold exchange-traded funds have yet to recover from the capital outflow in March. Source: SoSoValue. The bank noted that demand for cryptocurrency is growing not only in the retail sector: institutional investors are increasing their positions through futures on the CME and offshore platforms. An additional channel for fund inflow remains Strategy — the company is accumulating digital gold reserves faster than last year. Analysts predict that if the current pace continues, the volume of purchases could reach $30 billion by the end of the year. Bitcoin is trading around $79,503, having lost 2% in the past 24 hours. Hourly chart of BTC/USTD on Binance. Source: TradingView. The price of gold stands at $4727 (+0.59% over 24 hours). Source: Gold Price. Institutions Choose Bitcoin According to a survey by CoinShares, institutional investors have begun to invest more actively in digital assets. The first cryptocurrency remains the most attractive asset for funds — about 32% of respondents have already invested in it. Source: CoinShares. Ethereum ranks second with a figure of 25%. Analysts also noted growing interest in Solana. The study involved 26 asset managers overseeing funds with a total volume of $1.3 trillion. The share of cryptocurrencies in their portfolios is about 1%—experts called this a "typical entry size" under current market conditions. James Butterfill, head of research at CoinShares, explained the high interest in bitcoin by stating that investors see the greatest growth potential in it. Positive sentiment is linked to the development of spot ETFs and the easing of regulatory stances. Institutions are gradually moving away from "old" altcoins, redirecting capital into decentralized finance protocols and new blockchain sectors. The main obstacles to the mass adoption of cryptocurrencies, respondents cited, are internal company restrictions and regulatory uncertainty. Back in April, JPMorgan experts recorded a sharp decline in capital inflow into crypto assets in the first quarter of 2026.
Trump Jr. and Witkoff Dismiss World Liberty Financial Exit Claims at Miami Event
Trump Jr. and CEO Witkoff dismiss rumors of Trump family exit from World Liberty Financial and discuss their defamation lawsuit against Justin Sun at Consensus. The post Trump Jr. and Witkoff Dismiss World Liberty Financial Exit Claims at Miami Event appeared first on Blockonomi.
Dogecoin (DOGE) Price Faces Bearish Pressure as Technical Wedge Pattern Emerges
Dogecoin (DOGE) drops 4.62% to $0.106 as bearish wedge forms. ETF inflows return after pause. Key support at $0.10 could determine next move. The post Dogecoin (DOGE) Price Faces Bearish Pressure as Technical Wedge Pattern Emerges appeared first on Blockonomi.
Coinbase CFO Reveals USDC-Circle Contract Auto-Renews Into Perpetuity and Has No Termination Clause
TLDR: Coinbase CFO Alesia Haas confirmed the USDC contract auto-renews every three years into perpetuity. CLO Paul Grewal confirmed Circle’s contract terms are set and will auto-renew without renegotiation. The USDC contract cannot be terminated by either party, providing Coinbase with long-term stability. Coinbase earns a share of USDC reserve interest income, secured through the [...] The post Coinbase CFO Reveals USDC-Circle Contract Auto-Renews Into Perpetuity and Has No Termination Clause appeared first on Blockonomi.
Chainlink (LINK) Rallies 10% as Whale Holdings Soar and ETF Money Returns
Chainlink (LINK) surges 10% to $10 as whale wallets accumulate 32M tokens, ETF inflows return, and futures Open Interest climbs to $495M. The post Chainlink (LINK) Rallies 10% as Whale Holdings Soar and ETF Money Returns appeared first on Blockonomi.
Arbitrum DAO moves closer to unlocking $71M tied to Kelp DAO hack
Arbitrum DAO’s proposal to release nearly $71 million in frozen Ether tied to the Kelp DAO exploit has secured overwhelming support ahead of its final on-chain governance vote. According to Snapshot voting data, more than 90.5% of participating voting power…
Bitcoin exchange reserves fall to two-year low after $8B exodus
Nearly 100,000 Bitcoin exited major exchanges as OTC balances tightened and demand from accumulator addresses increased by 60%, pointing to reduced liquid supply.
AWS Northern Virginia data center overheats, impacting Coinbase
Coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.”
Aptos Foundation, Aptos Labs commit $50M to development as it eyes AI agent future
The Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next wave of AI agent adoption.
Solv Protocol Abandons LayerZero Following Kelp Hack
The Bitcoin project Solv Protocol has abandoned the cross-chain infrastructure LayerZero in favor of CCIP from Chainlink. After an extensive security review, we have decided to deprecate @LayerZero_Core bridges for SolvBTC and xSolvBTC, and migrate to @Chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC).In light of recent industry… pic.twitter.com/t6y7v9rt8J— Solv Protocol (@SolvProtocol) May 7, 2026 The developers will gradually cease support for bridges for SolvBTC and xSolvBTC in the Corn, Berachain, Rootstock, and TAC networks. The Chainlink protocol will become the primary means of interacting with these assets. Solv explained the decision as a reassessment of risks following recent incidents in the DeFi sector. "Cross-chain bridges remain one of the most sensitive and risky areas of the industry. Unsafe platforms create systemic risk for the entire ecosystem," the statement said. The team noted that during the review, CCIP outperformed competitors in terms of security: its architecture is secure by default, and built-in risk controls and continuous monitoring are part of the basic configuration. Context Solv's decision followed the April hack of Kelp involving $292 million. The attack was linked to a LayerZero-based bridge. The perpetrator exploited a single verifier configuration and issued 116,500 unsecured rsETH. The subsequent use of these assets in DeFi protocols, including Aave, resulted in a large irrecoverable debt. After the exploit, parties disagreed on the causes. The Kelp team also announced a shift from LayerZero to CCIP. On May 7, Aave liquidated the hacker's remaining rsETH positions as part of an approved recovery plan.
Tracy McGrady: The Thunder’s playoff prowess poses major challenges, Bulls’ management is a disaster, and Sixers miss opportunities with Jared McCain | Pardon My Take
NBA playoff dynamics reveal how financial incentives and strategic decisions shape team performances and outcomes. The post Tracy McGrady: The Thunder’s playoff prowess poses major challenges, Bulls’ management is a disaster, and Sixers miss opportunities with Jared McCain | Pardon My Take appeared first on Crypto Briefing.
Tether blacklists 371 wallets after $515M USDT freeze in 30 days
Tether froze about $515M across Ethereum and Tron in 30 days, with Tron wallets accounting for most blacklisted USDT addresses.
Solv Protocol Migrates $700M+ Bitcoin Portfolio to Chainlink CCIP After Full Security Review
TLDR: Solv Protocol is migrating $700M+ in tokenized Bitcoin to Chainlink CCIP after a full security review. LayerZero bridging support for Corn, Berachain, Rootstock, and TAC is being fully deprecated by Solv. Chainlink CCIP holds White House recognition as critical infrastructure for the digital asset ecosystem. Solv’s CTO confirms CCIP delivers defense-in-depth security for all [...] The post Solv Protocol Migrates $700M+ Bitcoin Portfolio to Chainlink CCIP After Full Security Review appeared first on Blockonomi.
Germany weighs ending Bitcoin’s tax-free holding rule by 2027
Germany has prepared plans to tighten cryptocurrency taxation from 2027, putting the country’s long-standing tax-free holding benefit for Bitcoin and other digital assets under renewed scrutiny. Finance Minister Lars Klingbeil said during an April 29 presentation of Germany’s 2027 federal…
Coinbase Suffers Outage Due to AWS Disruption
While trading is being restored, all Coinbase markets have been placed in "Cancel Only" mode, allowing users to revoke existing trades.
Voters Want Crypto Legislation Now: 70% Say America Should Already Have Clear Rules– Poll
A new national poll suggests the CLARITY Act is gaining traction with voters across party lines. Conducted by HarrisX, the survey found that support for clearer, federal rules for crypto assets is strong enough to cut through partisan disagreement. 60% Want Imperfect But Clear Federal Crypto Law The HarrisX poll interviewed 2,008 registered voters, and […]
Bitcoin Drops 245,000 Holders in 5 Days While Long-Side Leverage Reaches a Two-Year High
TLDR: Bitcoin lost 245,000 wallets in five days, its fastest holder decline in nearly two years. A June–July 2024 exit of 964K wallets preceded a major bull run, offering a historical parallel. Exiting holders hand supply to long-term buyers, shrinking liquid coins and amplifying price moves. With 564 long clusters vs. 203 short, how Bitcoin [...] The post Bitcoin Drops 245,000 Holders in 5 Days While Long-Side Leverage Reaches a Two-Year High appeared first on Blockonomi.
Treasury Demands Binance Follow Compliance Pact: Report
TLDR The US Treasury Department reportedly sent a private letter urging Binance to comply with its 2023 monitoring agreement. The 2023 settlement required Binance to follow a three-year oversight program under federal supervision. Reports claimed that $1 billion moved through Binance to entities tied to Iran. A group of US senators asked Treasury Secretary Scott [...] The post Treasury Demands Binance Follow Compliance Pact: Report appeared first on Blockonomi.
Bitcoin (BTC) Slides Below $80K Amid U.S.-Iran Military Standoff
Bitcoin dropped to $79,600 Friday as U.S.-Iran tensions escalated. Binance faces Treasury pressure while stocks await April jobs report. The post Bitcoin (BTC) Slides Below $80K Amid U.S.-Iran Military Standoff appeared first on Blockonomi.
AWS Hardware Failure Forces Coinbase Into Cancel-Only Mode
TLDR Coinbase halted trading after a hardware failure disrupted its systems at an AWS data center. The exchange placed all markets into Cancel Only mode for several hours. Increased temperatures affected Availability Zone use1-az4 in the AWS US-EAST-1 region. Coinbase reported a loss of $1.49 per share in its first-quarter earnings. Revenue reached $1.41 billion, [...] The post AWS Hardware Failure Forces Coinbase Into Cancel-Only Mode appeared first on Blockonomi.
XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand
XRP rebounds 30% from February lows as whale selling hits 4-year low. Analysts project $12 target while ETF inflows reach $81.6M. Key levels analyzed. The post XRP (XRP) Price Analysis: Whale Selling Reaches Multi-Year Low Amid Growing ETF Demand appeared first on Blockonomi.
Chainlink Whales Add 32.93M LINK as Supply Squeeze and Buybacks Point to a Price Breakout
TLDR: Chainlink Wallets holding 100K–10M LINK added 32.93M coins in one month, marking a 7.7% increase in holdings. The LINK whale cohort hit an all-time high of 461,000 wallets, signaling growing conviction among large holders. Chainlink’s buyback program moved $2.31M worth of LINK to its reserve within one week of activity. LINK Spot ETF cumulative [...] The post Chainlink Whales Add 32.93M LINK as Supply Squeeze and Buybacks Point to a Price Breakout appeared first on Blockonomi.
Coinbase (COIN) Shares Plunge Over 5% Following Q1 Earnings Disappointment
Coinbase (COIN) shares dropped over 5% after hours following a $394M Q1 loss and revenue miss, with transaction volumes down 40% year-over-year. The post Coinbase (COIN) Shares Plunge Over 5% Following Q1 Earnings Disappointment appeared first on Blockonomi.
Coinbase stock falls as Q1 loss hits nearly $400M
Coinbase shares fell after a $394M Q1 loss and revenue miss, as trading slowed and the exchange pushed beyond spot crypto into new markets.
AI Agents and Corporates Fuel Next Stablecoins Wave
TLDR Executives said large corporations plan to use stablecoins for cross-border payments and treasury operations. Lindsey Einhaus stated that companies want to simplify global account management through blockchain systems. Bridge, acquired by Stripe for $1.1 billion, provides infrastructure for enterprise stablecoin transactions. Payment-focused blockchains now support features such as refunds and private transfers. Executives said [...] The post AI Agents and Corporates Fuel Next Stablecoins Wave appeared first on Blockonomi.
Chaos Labs locks down systems after suspected nation-state attack
Chaos Labs has said its oracle infrastructure remained secure after what the company described as a possible nation-state cyberattack that triggered emergency security measures over the weekend. According to Chaos Labs founder and CEO Omer Goldberg, the company moved into…
Crypto Allies Gain Ground In Congress After Indiana Primary Win
A war chest of $193 million. That’s what Fairshake, the crypto industry’s most powerful political action committee, reported holding as of January — and it’s spending that money fast. Related Reading: Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Money Behind The Win Indiana Republican James Baird cruised to victory Tuesday in his party’s […]
Ethereum (ETH) Slides Below $2,300 as Major Holders Offload 63K Coins
Ethereum (ETH) falls below $2,300 as whales deposit 63K coins to Binance. Open interest spikes while analysts cite weak spot demand pressuring prices. The post Ethereum (ETH) Slides Below $2,300 as Major Holders Offload 63K Coins appeared first on Blockonomi.
Coinbase Exchange Experiences “Degraded Performance” for Over Two Hours After AWS Outage
Coinbase’s exchange went dark for over two hours on Friday after an Amazon Web Services (AWS) outage disrupted trading access for thousands of users worldwide. Major Disruption Affects Withdrawals, Trades Coinbase, one of the world’s largest cryptocurrency exchanges by trading volume, experienced a significant service disruption Friday morning after an outage at Amazon Web Services […]
Coinbase Exchange Knocked Offline by AWS Cloud Service Disruption
Coinbase exchange went offline for over two hours on May 8, 2026 due to an Amazon AWS outage. Trading was halted but user funds remained secure. The post Coinbase Exchange Knocked Offline by AWS Cloud Service Disruption appeared first on Blockonomi.
Hyperliquid Strategies Posts $165M Loss as HYPE Grows
TLDR Hyperliquid Strategies reported a $165.4 million net loss for the nine months ended March 31. The company holds about 20 million HYPE tokens after recent treasury expansion. Hyperliquid deployed $216 million to acquire nearly 7.3 million HYPE tokens since December 2025. The firm recorded $64 million in unrealized losses tied to its HYPE holdings. [...] The post Hyperliquid Strategies Posts $165M Loss as HYPE Grows appeared first on Blockonomi.
Israel launches airstrikes over Iran, escalating regional tensions
The escalation risks destabilizing regional security, diminishing prospects for peace, and potentially drawing in global powers. The post Israel launches airstrikes over Iran, escalating regional tensions appeared first on Crypto Briefing.
U.S. scrutiny grows as Binance defends compliance work
U.S. Treasury reportedly pressed Binance over its 2023 monitoring deal after claims of Iran-linked flows, as Binance says it is cooperating.
Bitcoin (BTC) Slips Under $80K: Critical Support Zones After $82.8K Rejection
Bitcoin (BTC) slides below $80K after $82.8K rejection despite record ETF inflows. Analysts monitor $80,300 whale level and $85,200 resistance zone. The post Bitcoin (BTC) Slips Under $80K: Critical Support Zones After $82.8K Rejection appeared first on Blockonomi.
CLARITY Act Inches Toward Senate Vote Despite Democratic Resistance
The CLARITY Act advances to Senate markup on May 14 with 52% voter support, but needs bipartisan backing to clear the 60-vote threshold. The post CLARITY Act Inches Toward Senate Vote Despite Democratic Resistance appeared first on Blockonomi.
Felix Tshisekedi says he may seek third term if voters approve
Tshisekedi's potential third term bid could exacerbate DRC's political instability, affecting regional security and global resource markets. The post Felix Tshisekedi says he may seek third term if voters approve appeared first on Crypto Briefing.
Singapore Parliament passes motion affirming no jobless growth in AI era
Singapore's proactive AI workforce strategy may set a global precedent, balancing innovation with job security and influencing future policies. The post Singapore Parliament passes motion affirming no jobless growth in AI era appeared first on Crypto Briefing.
Israeli army warns six Lebanese villages amid operations against Hezbollah
The Israeli army's actions may prolong regional instability, complicating diplomatic resolutions and impacting future withdrawal timelines. The post Israeli army warns six Lebanese villages amid operations against Hezbollah appeared first on Crypto Briefing.
Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
Chaos Labs said on Thursday it has rotated all keys since the attempted attack over the weekend and hasn't detected any suspicious activity since.
Chainlink Wins $700M Bitcoin Migration From Solv Protocol
TLDR Solv Protocol will migrate $700 million in tokenized bitcoin to Chainlink CCIP for cross-chain transfers. The platform will phase out LayerZero support for SolvBTC and xSolvBTC across multiple blockchain networks. Solv selected Chainlink after reviewing bridge security following recent industry exploits. The decision follows a $292 million exploit involving a LayerZero-powered bridge used by [...] The post Chainlink Wins $700M Bitcoin Migration From Solv Protocol appeared first on Blockonomi.
Aptos Commits $50M to Expand Ecosystem and AI Systems
TLDR Aptos Foundation and Aptos Labs committed over $50 million to expand the Aptos blockchain ecosystem. The funding will support products, protocol infrastructure, research, and a strategic fund for trading and AI partners. Aptos said the investment targets institutional-grade onchain markets and autonomous AI systems. Decibel, an onchain perpetuals exchange incubated by Aptos Labs, has [...] The post Aptos Commits $50M to Expand Ecosystem and AI Systems appeared first on Blockonomi.
Block Inc Shares Up 8% Following Q1 Earnings Beat
TLDR Block Inc shares rose nearly 8% in after-hours trading after the company beat Q1 earnings estimates. The company reported earnings of $0.85 per share, exceeding the $0.68 consensus forecast. Block Inc posted a net loss of $309 million, marking its first quarterly loss since 2023. A 23.8% drop in Bitcoin prices led to a [...] The post Block Inc Shares Up 8% Following Q1 Earnings Beat appeared first on Blockonomi.
AWS outage knocks Coinbase Exchange offline for two hours
Coinbase Exchange faced an AWS-linked outage for over two hours, leaving some users unable to trade while saying users’ funds remained safe.
Solv ditches LayerZero for Chainlink CCIP to secure $700+ million in wrapped Bitcoin assets
Solv's migration to Chainlink CCIP highlights a growing trend towards enhanced security and reliability in DeFi cross-chain operations. The post Solv ditches LayerZero for Chainlink CCIP to secure $700+ million in wrapped Bitcoin assets appeared first on Crypto Briefing.
Major Outage Halts Trading on Coinbase
Coinbase users were left stranded for hours after an Amazon Web Services (AWS) data center overheating issue triggered a massive technical outage.
Starmer faces leadership doubts after heavy losses in local elections
Starmer's leadership challenges could destabilize Labour's future electoral prospects, impacting party unity and strategic direction. The post Starmer faces leadership doubts after heavy losses in local elections appeared first on Crypto Briefing.
Solv ditches LayerZero for Chainlink to protect tokenized Bitcoin
Solv Protocol will move $700M+ in tokenized Bitcoin from LayerZero to Chainlink CCIP after bridge security reviews and Kelp DAO fallout now.
Binance SAFU Fund Grows As Bitcoin Rallies – What It Means for Users
While most of the market’s attention in February 2026 was focused on price levels and macro uncertainty, Binance made a move that said more about its institutional confidence than any market commentary could. At the February lows, the exchange purchased 15,000 Bitcoin at an average price of approximately $69,244 per coin — deploying roughly $1 […]
Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance
Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside Flutter’s Q1 2026 results. Genetski Takes Over While Flutter Names Group-Level President Per the press release, Howe will receive severance of $4,370,828 – equal to […]
1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic disrupted
The disruption in the Strait of Hormuz could exacerbate global energy supply issues, heightening geopolitical tensions and economic instability. The post 1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic disrupted appeared first on Crypto Briefing.
Jack Dorsey’s Block rises despite first quarterly loss in years
Block shares rose 8% after Q1 earnings beat estimates while Bitcoin revenue fell 26% and the firm posted a $309 million net loss in Q1 2026.
America’s Crypto Future Is Unstoppable, According To Eric Trump
Bitcoin could cross the $1 million mark. That was one of the boldest claims Eric Trump made Wednesday at Consensus Miami 2026, where the businessman and son of US President Donald Trump laid out his case for why the United States is pulling ahead in the global race for crypto leadership. Related Reading: Crypto Fraud […]
Kraken Parent Payward Buys Reap Technologies for $600M to Build Stablecoin Payment Rails
Payward Inc., the parent company of cryptocurrency exchange Kraken, announced on Thursday that it has agreed to acquire Hong Kong-based Reap Technologies Holdings for up to $600 million in a mix of cash and stock, in a deal that values Payward at $20 billion. Payward Locks in $600M Reap Acquisition as Stablecoin Card Market Tops […]
UAE counters Iranian air attack amid regional tensions
Escalating tensions may destabilize the region, hinder US-Iran diplomacy, and increase the likelihood of Iranian airspace restrictions. The post UAE counters Iranian air attack amid regional tensions appeared first on Crypto Briefing.
Ripple’s XRPL Linked to Interbank System in Major Pilot With JPMorgan, Mastercard, Ondo
The pilot linked XRPL to global banking infrastructure, enabling institutions to execute cross-border transactions in a single, integrated flow.
Epstein note analysis sparks market interest for May release
The potential release of Epstein's note could influence public perception and trust in institutional transparency and accountability. The post Epstein note analysis sparks market interest for May release appeared first on Crypto Briefing.
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.