Today's Crypto Pulse
Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
Defunding the State: Squeezing the Eurodollar with Bitcoin’s Taproot Assets and L3 Logic.
The post argues that by early 2026 legacy stablecoins have been neutralized as governments merge them with CBDCs, effectively ending the fiat‑backed digital bridge for crypto users. It warns that the state’s next move is to strangle the parallel economy’s transactional layer while still holding Bitcoin as a store of value. To counter this, the author proposes using Bitcoin’s Taproot Assets and Layer‑3 protocols to issue and settle stable value directly on the Bitcoin ledger, bypassing centralized control. This “defund the state” strategy aims to replace Eurodollar logic with a decentralized, Bitcoin‑native medium of exchange.
Ethereum Loses 10% of Its DeFi Market Share as Rival Chains Close In
Ethereum’s share of total DeFi value locked slipped from 63.5% at the start of 2025 to roughly 54% by May 7, 2026 – its lowest level since May 2025. DefiLlama reports Ethereum still commands $45.4 billion in TVL, but six rival chains each...
Bitcoin Faces Another 21‑Week EMA Retest Threat
#BTC Bitcoin has managed to successfully retest the 21-week EMA (green) at least momentarily, enabling this recent move up But that move through this resistance area hasn't been very sustainable thus far, which opens up the possibility for yet another retest...
Solv Protocol Shifts $700M Tokenized Bitcoin Portfolio to Chainlink CCIP, Deprecates LayerZero Bridges
Solv Protocol announced a full migration of its $700 million tokenized Bitcoin products, SolvBTC and xSolvBTC, to Chainlink’s Cross‑Chain Interoperability Protocol (CCIP). The shift follows a security audit that deemed LayerZero bridges too risky, prompting the deprecation of those bridges on...
Bitcoin Losses, Job Cuts Knock Coinbase Global Stock
Coinbase Global reported a surprise first‑quarter loss of $1.49 per share on $1.41 billion revenue, driven by roughly $500 million in unrealized crypto investment losses as Bitcoin fell. The exchange also announced a 700‑person, 14% workforce reduction, prompting eight analysts to lower...
Ex-Olympic Medallist CJ Ujah Arrested for Alleged Cryptocurrency Fraud
British sprinter and former Olympic silver‑medallist CJ Ujah was arrested on Wednesday as part of a ten‑person investigation into a cryptocurrency fraud scheme targeting victims across southern England. Authorities allege the organized‑crime group tricked victims into handing over seed phrases, resulting...
Blockware Intelligence Newsletter: Week 210
Blockware Intelligence’s Week 210 newsletter warns that Bitcoin’s short‑term holder realized price (STH‑RP) has turned from resistance to support, a pattern that historically precedes strong price rallies. The newsletter cites past breakouts in Q4 2024 and Q2 2025 that led to sizable upside...
Nigeria and South Africa Are Pulling the Continent’s Crypto Future Forward
Nigeria and South Africa are emerging as the twin engines driving Africa’s crypto evolution. In Nigeria, urgent currency pressures and a digitally savvy population fuel rapid crypto adoption for savings, payments and cross‑border transfers. South Africa, by contrast, is building...
Has Trump Implicated His Son Barron in NY Cryptocurrency Related Financial Crimes?
World Liberty Financial, a crypto venture co‑founded by 20‑year‑old Barron Trump, sold a 49% stake to UAE intelligence chief Sheikh Tahnoon for $187 million, routing the proceeds to Trump‑family entities. The company also ran a $5 million “Super Node” tier, used 5 billion...
Earn Ultra‑Wealthy Trust: Master Digital Assets or Partner
You cannot fake expertise with ultra-wealthy clients. Either put in the time to truly understand digital assets or partner with someone who already has. Six years of dedicated focus builds the context needed to serve this market well. Analogies help....
Cardano’s Charles Hoskinson Says the Future of Crypto Wallets Will Be Inside iPhones and Androids
At Consensus 2026, Cardano founder Charles Hoskinson argued that private keys should reside in the secure hardware of smartphones rather than in user‑held seed phrases or external hardware wallets. He highlighted that Apple’s Secure Enclave, Android’s Keystore/StrongBox, and Samsung Knox...
OP Shows Bullish Divergence, Poised for Multi‑Month Upswing
Multiple projects start to trend upwards, and, I'm quite happy, $OP is one of them. The bottom was made with the bullish divergence earlier in April. After that, a structural higher low and higher high was made, and a clear breakout...
Stablecoins Have Their 'Permission Slip.' Now Comes the Hard Part.
At Consensus Miami 2026, executives from MoonPay, Ripple and Paxos said the GENIUS Act has given stablecoins a regulatory “permission slip,” accelerating institutional interest. While cross‑border payments can become near‑instant, stablecoins still represent a tiny slice of global remittances, projected...
Polygon's Open Money Stack Drives Sustainable Revenue Model
The Open Money Stack is what every chain in the industry is now trying to build. you own the stack end to end, build the value added services on top and let the revenue plow back into the network. @0xPolygon already...
BTC Optimism Peaks, Historically Warning of Pullback
🚨 $BTC optimism has reached its highest level in 4 months after reclaiming above $80,000. According to Santiment, the ratio of bullish to bearish comments has climbed to 1.37 vs 1.00. Traders are once again expecting further upside, but historically, excessive optimism...
Is $WLFI an Unregistered Security? – The FinReg Blog
The SEC settled its three‑year case against Tron founder Justin Sun for $10 million, dismissing remaining charges while still asserting that TRX and BTT were securities under the Howey test. The settlement shows the regulator can apply traditional securities law to...
7 Best Cryptocurrency Wallets to Use in 2026: My Top Picks
Somya Jain’s 2026 guide ranks seven cryptocurrency wallets, matching each to specific operational needs. The piece highlights a surge in wallet compromises—158,000 incidents in 2025—underscoring the importance of recovery paths, multi‑signature controls, and audit trails. Fireblocks, Coinbase Wallet, Dfns, Zengo,...
Stablecoins and Cryptocurrencies Are Increasingly Being Used by Europeans for Everyday Transactions : Research
OKX’s analysis of card transactions between Jan. 28 and Feb. 26, 2026 shows stablecoins are now routine payment tools across Europe. Grocery purchases account for 26% of OKX Card activity, while food‑related spending makes up 44% of all transactions. National patterns reveal German...
ETH Likely to Stay Low Until CLARITY Act Approval
The markets are still not giving $ETH much value. It broke down, which is understandable, and it might make a potential scenario that we're going to continue falling until the CLARITY Act is approved. The start of the War signaled the bottom...
7 Ideas From Consensus that Show Crypto’s Shift Toward Traditional Finance
At the Consensus conference in Miami (May 5‑7), crypto leaders signaled a clear pivot toward traditional finance. Speakers highlighted stablecoins as operational cash‑movement tools, regulatory clarity as a catalyst for capital deployment, and tokenized private credit mirroring existing structures. Panels also...
Crypto Slides, Fear Rises; Coinbase Misses Earnings
Quick crypto check, May 8. BTC slipped sub-$80K overnight, touched $79,643 at 5am UTC, sitting at $80,212 now. Fear & Greed dropped 9 points overnight to 38 (Fear). MSTR -3.74%. Coinbase missed Q1 revenue AND EPS — revenue $1.41B (-30%...
Bitcoin/Gold Ratio Signals Stock Market Reversion at 17x
Plunging Bitcoin/Gold - Wrong, Redundant or Recovery If the stock market can navigate through 2026 with a gain, a leading indicator -- Bitcoin/gold -- may be rendered redundant. That, or the ratio of the crypto in gold ounces could recover from...
Is $WLFI an Unregistered Security?
World Liberty Financial, linked to Donald Trump and adviser Steven Witkoff, issued the $WLFI governance token in October 2024. The token’s white‑paper, dubbed the “Gold Paper,” claims $WLFI is a pure voting instrument, not a security, but investors—including Justin Sun—allege...
Regulators Clamp Down as Crypto Firms Face Losses
In today's Unchained Daily: 🔥 Treasury demands Binance comply with 2023 monitoring program amid $1B Iran-linked flow reports 📉 Coinbase posts $394M Q1 loss as transaction revenue drops 40% 🛡️ Aave overhauls listing standards after $293M KelpDAO exploit 🟣 Tom...
Banks Deploy Aggressive Strategy to Tackle Stablecoins
"The banks have a pretty comprehensive strategy against stablecoins. They're not going to let this issue rest." 🏦 https://t.co/Mwr3RXyd81
Stablecoin Market Controversies: Why the Term Is Akin to Horsepower, Who Needs Stablecoin Sandwiches, and Why Aren’t Stablecoins Mainstream Yet?
Stablecoins are touted as a fast, low‑cost bridge for cross‑border payments, but their path to mass adoption remains fraught with controversy. The article likens the hype around stablecoins to horsepower ratings—impressive on paper but not always reflective of real‑world performance....
TaonSquare: Your One‑Stop Hub for Bittensor‑Powered Services
Meet TaonSquare, a comprehensive list of products and services powered by Bittensor $TAO, designed for agents (and humans) to explore
Fiat Is Dead; Bitcoin and Gold Just Follow
Three months ago, bitcoin was dead. Now, apparently, gold is dead. I'll give you a hint: The actual thing that's dead is fiat. https://t.co/Z9SnsmzbSp
Opera-Backed Stablecoin App MiniPay Rides Africa Demand to 15 Million Wallets
Opera’s MiniPay stablecoin wallet has surpassed 15 million activated wallets, more than double the count a year earlier. The platform processed 360 million peer‑to‑peer transactions worth over $300 million by the end of 2025, with USDT as the primary asset and a dominant...
Stablecoin Yield Battle Continues, Threatening Rewards Programs
The stablecoin yield fight in the Clarity Act may not be over yet. Coinbase's Faryar Shirzad (@faryarshirzad ) on what the banks lost with the current compromise, and why staking rewards, points, and loyalty programs could be in the crosshairs. Today at...
ECB Fears Euro Stablecoins Due to Dollar Deficit
In today's Daily Peg, I allege that the ECB's real paranoia about euro-denominated stablecoins stems from a fundamental and structural dollar deficit across the eurosystem. https://t.co/2oIVNDBppn
Coinbase Went Down for over 5 Hours After Missing Earnings. Bulls Still See a Path to $300 Billion by 2030
Coinbase reported Q1 revenue of $1.41 billion, falling short of the $1.52 billion Wall Street forecast, and posted a net loss of $394 million, its second consecutive quarterly loss. Transaction revenue slumped 23% as spot‑trading volume dropped 35% amid a broader crypto market...
New Weekly Altcoin Newsletter Spotlights Six Promising Tokens
I've published a new Altcoin Newsletter 🔥 I share my charts & analysis on 6 Altcoins These Altcoins are $TAO $JUP $AVAX $INJ $RENDER $VIRTUAL I share an Altcoin Newsletter like this every Friday Sign up & read here: https://t.co/9fMkiAMR5J #BTC #Crypto #Bitcoin
Polling Crypto Sentiment Among a TradFi Audience
I would like to get a finger on the pulse of crypto. I realize the results will be somewhat biased by my TradFi audience, but let’s see. Results will be posted on Twitter, LinkedIn and in am/FX and Friday Speedrun. https://t.co/Q1AGy4cbqa
Propy Secures $100 Million Credit Facility to Accelerate Blockchain Real‑Estate Closings
Propy, the Miami‑based blockchain startup, closed a $100 million credit facility with Metropolitan Partners Group. The funding will be used to consolidate title and escrow firms into an AI‑powered, end‑to‑end closing platform that records deeds on a public blockchain, promising to...
Patience Pays: $91M Longs Lost, Bitcoin Slides Below 80k
$91 million in longs wiped out overnight. Bitcoin under 80k. Everyone who chased the 82k pump just learnt why patience matters. The DCA is coming. Watch this space.
First Bitcoin Feels Like Earning Your First Million
It used to be "The first Million is always the hardest" Now it's become "The first Bitcoin is always the hardest"
Coinbase Cuts 14% of Staff as AI Push Meets Crypto Market Slowdown
Coinbase announced a 14% workforce reduction—about 700 employees—framed as an AI‑driven efficiency overhaul. The move comes as crypto prices hover near $81,000, overall market cap slips 1%, and trading volumes contract, echoing a wider fintech trend of cost‑cutting amid slower...
MegaETH Foundation Buys 169k MEGA, Burn Reaches 420k
"The MegaETH Foundation has completed a purchase of 169,690 MEGA for ~$21,211 at an average price of $0.125 Total MEGA Burn is now 420,690" Numbers are made up (obviously) but this is where we are headed
Tether Freezes $515M USDT, Blocks 371 Addresses
🚨 Over the past month, Tether has frozen approximately $515M in USDT and restricted access to 371 cryptocurrency addresses. The crackdown on suspicious activity in crypto continues to intensify. https://t.co/PLRH0BjUC4
Circle CEO Jeremy Allaire Tightens USDC Auditability to Counter Crypto Fraud
Circle chief executive Jeremy Allaire announced a suite of new auditability measures for USDC, including monthly attestations, regulated reserve composition and real‑time reporting. The move targets crypto’s fraud problem and aligns the stablecoin with growing institutional demands for transparency.
Live Retail Investor Q&A with Michael Saylor & Phong Le
You ask. They answer. 🟠 Live Strategy Q&A with Michael Saylor and Phong Le - built for retail investors. 🗓️ May 13 | 5PM ET | X & YouTube Submit your questions now via the QR code or in the comments....
KHC Shows Potential Bottom Breakout, Eyes $24.50 Target
$KHC Potential bottoming structure breakout yesterday. If today holds above then we could see a push. Ultimately needs to reclaim $24.50 but this is a good start. Looks like reversal forming. CC: @BigCheds for putting this on my radar https://t.co/BxbJaftSYz
Weekly Roundup 05/08/26 (Consensus Miami, AI Layoffs Strike Coinbase, Clarity Compromise, AI Energy and Water Use) (EP.719)
Matt Walsh and Nick Carter recap the latest crypto market dynamics, highlighting a wave of high‑profile M&A deals—including Kraken’s acquisition of REAP, MoonPay’s purchase of Deflow, and Bullish’s $4.2 billion takeover of Equinity—while noting a surge of fresh capital such as...
Web3 Leaders Convene at Cannes to Shape DeFi Future
JUST IN: On April 2, during EthCC week, Cointelegraph Connect: Cannes Edition gathered Web3 experts to discuss DeFi, RWAs, infrastructure, startups, and the industry's future.
ETH Gap Lags Behind BTC, Risking Correction
$ETH has only filled around 15% of its CME Gap so far, while $BTC has already filled nearly 85% of its own CME Gap. Can ETH hold its trendline support and fully close the gap, or is a correction still inevitable?...
Deadline Looms for Digital Asset Businesses to Apply for a Licence
The Australian Securities and Investments Commission (ASIC) has warned digital‑asset service providers that they must decide by 30 June 2026 whether to obtain a new Australian Financial Services (AFS) licence or amend an existing one, after which its no‑action relief expires. ASIC’s...
STRC Flies, BTC Battles, MSTR Rockets Ahead
$STRC is a passenger jet. $BTC is a fighter jet. $MSTR is a rocket ship.
BTC Support at $78‑79k Could Trigger Bounce
$BTC is currently trading below $80,000. The next major support zone is $78,000 – $79,000. This area should hold and spark a bounce. If price loses this zone, we could see a much deeper correction. https://t.co/BKSYO4PZJX
FTMining Launches Mining Service for BTC, ETH, XRP, & DOGE Holders
FTMining, a UK‑licensed cloud mining platform with over six million users, has launched a free cloud mining service for Bitcoin, Ethereum, XRP and Dogecoin, complemented by a new mobile app. The service offers instant sign‑up bonuses ranging from $15 to...