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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.

BTC Teeters Between 21‑Month and 50‑Month EMAs, Eyes Bearish Break
SocialMay 7, 2026

BTC Teeters Between 21‑Month and 50‑Month EMAs, Eyes Bearish Break

#BTC Bitcoin continues to spend time between these two Macro EMAs Bitcoin indeed produced a relief rally from the 50-Month EMA (purple) to reach the green 21-Month EMA which is where price could be falling short If history repeats, Bitcoin could reject from...

By Rekt Capital
Join Exclusive Gold Stablecoin Briefing on May 20
SocialMay 7, 2026

Join Exclusive Gold Stablecoin Briefing on May 20

Shameless self promo. I'm very excited to reveal that I was asked to contribute a chapter on gold tokenisation for this year's "In Gold We Trust" report, edited by the wonderful @RonStoeferle. The big reveal of the report is on May...

By Izabella Kaminska
Circle Presses OCC to Finalize GENIUS Act Stablecoin Rules
NewsMay 7, 2026

Circle Presses OCC to Finalize GENIUS Act Stablecoin Rules

Circle Internet Group submitted comments to the Office of the Comptroller of the Currency urging the agency to lock in the GENIUS Act framework for payment stablecoins. The firm argues that consistent, ring‑fenced rules are essential to protect consumers and...

By Pulse
Crypto Outshines Stocks as Oil Spikes, Wrapped Compute Rises
SocialMay 7, 2026

Crypto Outshines Stocks as Oil Spikes, Wrapped Compute Rises

Iran fires on vessels in the Strait of Hormuz. Brent up 5%. Bitcoin breaks 80. @ramahluwalia, @austincampbell, and @perkinscr97 explain why crypto is outperforming equities on a day like this … and why wrapped compute is the next big commodity. @bitsandbips: Timestamps: ⚔️ 1:06...

By Laura Shin
First Tokenized Fund Launched: Bitwise Crypto Carry
SocialMay 7, 2026

First Tokenized Fund Launched: Bitwise Crypto Carry

Eventually, every fund will be tokenized. Today, we’re announcing our first: the Bitwise Crypto Carry Fund (USCC). The fund provides market-neutral yield by investing in the crypto basis trade. We’re thrilled to be taking over management of the fund from...

By Matt Hougan
Bitcoin Breaks $80k: Caution Still Warranted
NewsMay 7, 2026

Bitcoin Breaks $80k: Caution Still Warranted

Bitcoin reclaimed the $80,000 threshold, ending a price ceiling that held since January. Spot Bitcoin ETFs have drawn about $5 billion in new capital this spring, underscoring strong institutional appetite. The rally was sparked by the Project Freedom announcement and a...

By ETF Database (VettaFi)
Crypto Users Keep Getting Robbed because of a Simple Design Flaw—But a Solution Is at Hand
NewsMay 7, 2026

Crypto Users Keep Getting Robbed because of a Simple Design Flaw—But a Solution Is at Hand

Crypto wallets today act as both the spending interface and the vault, exposing a user’s entire balance to the open internet. This design flaw has enabled phishing attacks and drainer kits to steal billions of dollars with no recourse for...

By Fortune
Why Businesses Are Switching to a White Label Crypto Payment Gateway
NewsMay 7, 2026

Why Businesses Are Switching to a White Label Crypto Payment Gateway

Businesses are increasingly adopting white‑label crypto payment gateways to replace traditional fiat processors. These turnkey solutions let firms rebrand a full‑stack blockchain payment system without building infrastructure, reducing launch time from years to weeks. By leveraging crypto, merchants gain lower...

By Ventureburn
Tokenization Gains Traction as Crypto’s Role Splits in Global Markets
NewsMay 7, 2026

Tokenization Gains Traction as Crypto’s Role Splits in Global Markets

Marex Group posted record first‑quarter 2026 results, with revenue up 48% year‑on‑year to £692.3 million (about $860 million) and profit before tax rising 53% to £149.8 million (roughly $186 million). The firm is betting on tokenized futures, stable‑coin collateral and regulated prediction markets as...

By John Lothian News – Markets/Derivatives
1inch Resolver TrustedVolumes Drained for $6.7M on Ethereum
NewsMay 7, 2026

1inch Resolver TrustedVolumes Drained for $6.7M on Ethereum

Liquidity provider TrustedVolumes confirmed an Ethereum exploit that drained roughly $6.7 million, including about 1,300 wrapped Ether, 17 wrapped Bitcoin and over $1.5 million in stablecoins. Blockchain security firm Blockaid linked the attack to the same operator behind the March 2025 1inch Fusion...

By The Defiant
Sen. Gillibrand: No Crypto Bill without Ethics Provision Amid President Trump’s Ties Through Memecoins, World Liberty | The Block
BlogMay 7, 2026

Sen. Gillibrand: No Crypto Bill without Ethics Provision Amid President Trump’s Ties Through Memecoins, World Liberty | The Block

Senator Kirsten Gillibrand told the Consensus Miami conference that any sweeping cryptocurrency market‑structure bill must contain a robust ethics provision before it can advance. She highlighted growing Democratic concerns about President Donald Trump and his family’s crypto activities, including memecoins...

By Securities Docket
Wall Street Went to War with Crypto. It’s Losing. – POLITICO
BlogMay 7, 2026

Wall Street Went to War with Crypto. It’s Losing. – POLITICO

Wall Street’s long‑standing lobbying dominance is being challenged as cryptocurrency firms pour hundreds of millions into Washington. A bipartisan Senate proposal aims to resolve the clash between banks and crypto companies, clearing the path for a landmark crypto bill. The...

By Securities Docket
Crypto Guidance Is a Step Forward, but only Congress Can Finish the Job
NewsMay 7, 2026

Crypto Guidance Is a Step Forward, but only Congress Can Finish the Job

The SEC and CFTC issued joint interpretive guidance on digital assets in mid‑March, providing a taxonomy and clarifying how existing laws apply. The guidance narrows uncertainty around mining, staking and wrapped tokens but stops short of delivering statutory certainty. Industry...

By American Banker
📌 Weekly Market Review - Week 5
BlogMay 7, 2026

📌 Weekly Market Review - Week 5

The weekly review notes Bitcoin’s breach of the 80,600 level while Ethereum, XRP and Solana still await confirmation, indicating a still‑corrective market structure. The author emphasizes that the broader crypto market has not yet followed Bitcoin’s move, suggesting the next...

By Elliott Wave 2.0
BTC Dip Signals Floor Repricing After Strategy Pivot
SocialMay 7, 2026

BTC Dip Signals Floor Repricing After Strategy Pivot

Daily Crypto — Thu May 7, 2026. BTC slipped to $80,831 (-1.8%) overnight on no fresh news. That's not a coincidence. That's Tuesday's Strategy doctrine pivot — when Phong Le admitted they'd sell BTC if 'advantageous' — actually leaking into the...

By dailyanalysts
Crypto.com CMO Steven Kalifowitz Exits After Six Years, Citing Brand Success
NewsMay 7, 2026

Crypto.com CMO Steven Kalifowitz Exits After Six Years, Citing Brand Success

Crypto.com confirmed that Steven Kalifowitz, its chief marketing officer since 2020, will leave the firm on June 30. Kalifowitz said the brand is now more recognized than ever and will stay on as an advisor to CEO Kris Marszalek. The...

By Pulse
How Banks Can Make Stablecoin Payments Safe & Compliant with Peter Glyman, Founder & CEO at Coinbax | Episode 486
PodcastMay 7, 202623 min

How Banks Can Make Stablecoin Payments Safe & Compliant with Peter Glyman, Founder & CEO at Coinbax | Episode 486

In this episode, Greg Myers talks with Pete Glyman, founder and CEO of Coinbacks, about how stablecoins can be integrated into traditional banking payments safely and compliantly. Glyman explains Coinbacks' unique approach: a smart‑contract‑based controls layer that adds reversibility, escrow,...

By Leaders in Payments
Bitcoin’s Rare Technical Action Points to a Crypto Bull Market, Says Fund...
NewsMay 7, 2026

Bitcoin’s Rare Technical Action Points to a Crypto Bull Market, Says Fund...

Fundstrat co‑founder Tom Lee says Bitcoin’s three‑month winning streak signals the start of a bull market. Bitcoin recently breached $80,000 and is on track for a third consecutive month of gains, despite being 35% below its October 2025 peak. Lee...

By Myfxbook — Latest Forex News
How Banks Can Decode Crypto Compliance Risks
NewsMay 7, 2026

How Banks Can Decode Crypto Compliance Risks

Banks can no longer ignore crypto exposure as customers increasingly hold digital assets and move funds through traditional channels. Cense has introduced a two‑step methodology—Detect and Decode—to first surface crypto activity and then rebuild a client’s full digital‑asset portfolio for...

By RegTech Analyst
The “Never Sell” Bitcoin Treasury Trade Is Seriously Starting to Crack
NewsMay 7, 2026

The “Never Sell” Bitcoin Treasury Trade Is Seriously Starting to Crack

Strategy’s May 5 earnings call marked a pivot from its “never‑sell” mantra, openly stating it will sell Bitcoin when financially advantageous, using a 1.22× market‑adjusted NAV threshold as a decision rule. The firm holds 818,334 BTC valued at roughly $64 billion, enough...

By CryptoSlate
Morgan Stanley Starts Bitcoin Trading On E*Trade At 0.5% Fee For 8.6 Million Users
NewsMay 7, 2026

Morgan Stanley Starts Bitcoin Trading On E*Trade At 0.5% Fee For 8.6 Million Users

Morgan Stanley has launched spot Bitcoin and cryptocurrency trading on its E*Trade retail brokerage platform, targeting its 8.6 million client base. The pilot, announced on May 6, charges a 0.5% transaction fee, positioning the bank against fintech disruptors that offer crypto services....

By PaySpace Magazine
Haun Ventures Closes Fund II with Over $1 B in Commitments
NewsMay 7, 2026

Haun Ventures Closes Fund II with Over $1 B in Commitments

Haun Ventures announced the close of its second fund with over $1 billion in commitments from sovereign wealth funds, endowments, pensions and other global investors. Led by founder Katie Haun, the fund will target early‑ and late‑stage companies in financial services,...

By Pulse
Anchorage Says New U.S. Crypto Rules Will Ignite Tokenized Finance Boom
NewsMay 7, 2026

Anchorage Says New U.S. Crypto Rules Will Ignite Tokenized Finance Boom

Anchorage Digital’s head of policy, Kevin Wysocki, warned that the pending GENIUS and CLARITY Acts will remove regulatory uncertainty and spur a new wave of tokenized finance. The firm expects traditional banks, DeFi platforms and tech companies to converge around...

By Pulse
🧭 A Quick Reset - Read This Carefully
BlogMay 7, 2026

🧭 A Quick Reset - Read This Carefully

The author reiterates confidence in an upcoming strong crypto rally while acknowledging that the market is still determining its final direction. Both potential Bitcoin trajectories remain viable, and the ultimate path will be decided by price action. The four core...

By Elliott Wave 2.0
The Subterranean Citadel: Defending Your Bitcoin Hashrate From State Thermal Drones.
BlogMay 7, 2026

The Subterranean Citadel: Defending Your Bitcoin Hashrate From State Thermal Drones.

The post warns that sovereign Bitcoin miners are vulnerable to state‑run high‑altitude drones equipped with forward‑looking infrared (FLIR) sensors that detect the heat generated by ASIC farms. As off‑grid mining expands, heat becomes a physical beacon that can be tracked...

By In Bitcoin We Trust Newsletter
#BVL046: Another Brick Off the Wall
BlogMay 7, 2026

#BVL046: Another Brick Off the Wall

Bitcoin finally breached the $80,000 resistance level that has defined the current bear market, marking the first sustained move above that threshold in months. The price held steady for several sessions, avoiding the rapid snap‑back that typically follows such breakouts....

By Bitcoin Vector Lite
Morgan Stanley and Charles Schwab Are Rushing Into Crypto: What Do They See Coming?
NewsMay 7, 2026

Morgan Stanley and Charles Schwab Are Rushing Into Crypto: What Do They See Coming?

Morgan Stanley and Charles Schwab are rolling out direct crypto trading within their brokerage platforms, aiming to capture the trading revenue and client data that currently flow to pure‑play exchanges. Schwab already commands roughly 20% of U.S. spot crypto ETP...

By CryptoSlate
EToro Crosses 200 Crypto Mark Despite Push to Cut Reliance on Digital Assets
NewsMay 7, 2026

EToro Crosses 200 Crypto Mark Despite Push to Cut Reliance on Digital Assets

eToro announced the addition of 19 new cryptoassets, taking its offering to over 200 digital tokens. The Israeli fintech highlighted this as part of a multi‑asset strategy, even as crypto trading volumes have slumped 36% year‑over‑year in early 2026. Despite...

By Finance Magnates Fintech
Tagus  Bytes (07.05.26)
BlogMay 7, 2026

Tagus Bytes (07.05.26)

Crypto venture‑capital activity plunged in April 2026, with only 55 deals totaling $860 million—a 68% drop from March and a 22% decline year‑over‑year. The slowdown follows an anomalously high $2.1 billion March, skewing the trend line. DeFi led the sector share at...

By Tagus Capital
Why Bitcoin’s Jump to US$82,400 Could Push BTC to US$93,000: Key Levels Every Investor Must Watch
NewsMay 7, 2026

Why Bitcoin’s Jump to US$82,400 Could Push BTC to US$93,000: Key Levels Every Investor Must Watch

Bitcoin surged past $82,400, lifting its market capitalisation to roughly $1.65 trillion and pushing the broader crypto market toward $2.8 trillion. The rally was fueled by easing US‑Iran tensions, a 12% drop in WTI crude, and a record $467 million net inflow into...

By e27
Sweaty, Sweaty Bears
BlogMay 7, 2026

Sweaty, Sweaty Bears

The post examines Bitcoin’s surge into the mid‑$80,000 range, arguing that the market’s four‑year cycle is more likely to break during the ensuing bear phase than in the current bull run. It highlights how institutional “smart money” investors typically take...

By Checkonchain Bitcoin Newsletter
Banks in the Age of Stablecoins: Lessons From Their Historical Responses to Financial Innovations
BlogMay 7, 2026

Banks in the Age of Stablecoins: Lessons From Their Historical Responses to Financial Innovations

Stablecoins now command a market cap of roughly $200‑$300 billion and settle trillions of dollars annually, prompting the GENIUS Act to treat them alongside money‑market funds for Treasury demand. While analysts warn of deposit substitution and credit‑supply shocks, the note argues...

By Mostly Economics
Strategic Bitcoin Sales Boost Shareholder Protection and Flexibility
SocialMay 7, 2026

Strategic Bitcoin Sales Boost Shareholder Protection and Flexibility

Strategy selling Bitcoin isn't a bad thing. There are differing schools of thought on this topic, but I actually think Bitcoin Treasury Companies should sell Bitcoin when it is warranted. The goal shouldn't be to never sell Bitcoin, but to...

By Samson Mow
Crypto Shifts to Institutional Adoption, Offering Cautious Opportunities
SocialMay 7, 2026

Crypto Shifts to Institutional Adoption, Offering Cautious Opportunities

Crypto’s at a crossroads 📉📈: Still volatile, but shifting from retail hype to institutional adoption. ETFs and corporate treasuries are maturing the space, yet macro factors and regulations keep things unpredictable. For long-term investors, this might be an opportunity—just stay...

By periodtrader
Sullivan & Cromwell Discusses FinCEN, OFAC Proposed Rule on Anti-Money Laundering and Sanctions-Compliance Requirements
BlogMay 7, 2026

Sullivan & Cromwell Discusses FinCEN, OFAC Proposed Rule on Anti-Money Laundering and Sanctions-Compliance Requirements

On April 8, 2026 FinCEN and OFAC issued a joint notice of proposed rulemaking (NPR) to implement the GENIUS Act’s framework for payment stablecoin issuers (PPSIs). The NPR clarifies AML/CFT and sanctions‑compliance duties, distinguishing primary‑market activities—where PPSIs must conduct CDD,...

By CLS Blue Sky Blog (Columbia Law School)
XRP Boasts 1,000+ Exclusive Influencers—Unmatched in Crypto
SocialMay 7, 2026

XRP Boasts 1,000+ Exclusive Influencers—Unmatched in Crypto

The one true question I have to $XRP community Out of all the crypto communities Why does $XRP have the most(over 1000+) influencers that ONLY make content about XRP Every community has it own creators ofcourse. But why does XRP have 100x more than...

By Andrew W. Gilliland
Starknet Delivers User-Friendly Privacy for Crypto
SocialMay 7, 2026

Starknet Delivers User-Friendly Privacy for Crypto

Crypto should have simple UX. Crypto needs privacy. So, crypto privacy should have simple UX. With that in mind, Starknet's privacy is designed for users.

By Eli Ben-Sasson
GraniteShares 3x XRP ETFs Finally Launch After Delays
SocialMay 7, 2026

GraniteShares 3x XRP ETFs Finally Launch After Delays

UPDATE: 🚨 GraniteShares’ proposed 3x Long $XRP and 3x Short $XRP ETFs are scheduled for launch today, following five delays from their original April timeline

By Wendy O
Bitcoin Faces Fresh Rejection at Recent Price Level
SocialMay 7, 2026

Bitcoin Faces Fresh Rejection at Recent Price Level

#BTC This is indeed where Bitcoin has rejected from most recently $BTC #Crypto #Bitcoin https://t.co/Z9Y4fBaxON

By Rekt Capital
Rare Sloth NFT: Low Floor Price, High Appeal
SocialMay 7, 2026

Rare Sloth NFT: Low Floor Price, High Appeal

I've always loved the Sloth :) https://t.co/03G8yeNXMh if you are considering getting inot @veefriends series 1 NFT's ...this little guy is rarely near the floor :)

By GaryVee
Solana's Alpenglow Upgrade Targets Sub‑150ms Finality This Year
SocialMay 7, 2026

Solana's Alpenglow Upgrade Targets Sub‑150ms Finality This Year

Solana founder Anatoly Yakovenko just confirmed the major Alpenglow upgrade is targeting launch this year. This will slash finality from over 12 seconds down to just 100-150 milliseconds. Near light-speed settlement is coming. 🚀 https://t.co/knmKfycrqn

By That Martini Guy
Bitcoin Becomes Digital Credit and Equity via STRC, MSTR
SocialMay 7, 2026

Bitcoin Becomes Digital Credit and Equity via STRC, MSTR

The most important chart in finance. We transform digital capital $BTC into digital credit $STRC and digital equity $MSTR. https://t.co/gmOFxZCZsh

By Michael Saylor
Big Finance Seeks Crypto‑Savvy Talent with TradFi Skills
SocialMay 7, 2026

Big Finance Seeks Crypto‑Savvy Talent with TradFi Skills

HELP WANTED: digital asset specialists at big boy financial cos. Must know crypto, blockchain, understand degens, but also have TradFi chops, fluent in Boomer-ese. Send applications to @isabelletanlee who has a nice scoop on the terminal this morning. https://t.co/TNrlAjjoYD

By Eric Balchunas
Bitcoin Crowned Safest Asset; Institutions Poised to Buy
SocialMay 7, 2026

Bitcoin Crowned Safest Asset; Institutions Poised to Buy

Adam Back just said Bitcoin is winning because it’s the "safest and most secure asset out there." He believes governments, sovereign wealth funds, and big institutions are next in line to buy heavily. https://t.co/mjNrj83YIW

By That Martini Guy
Ethereum Fails to Stay Above $2,400 Amid Weak Demand
SocialMay 7, 2026

Ethereum Fails to Stay Above $2,400 Amid Weak Demand

$ETH couldn’t hold above $2,400 again. Spot demand remains very weak, so the price keeps dropping. Until real buying pressure returns, Ethereum will continue lagging behind the market. https://t.co/ZtYf2xWeaw

By That Martini Guy
BNY Mellon Deepens Crypto Foothold in Abu Dhabi
SocialMay 7, 2026

BNY Mellon Deepens Crypto Foothold in Abu Dhabi

BNY Mellon just expanded its crypto services in Abu Dhabi. The world’s biggest custody bank is now going deeper into digital assets in the Middle East. TradFi adoption keeps on growing. 🚀 https://t.co/3vHekGV0FY

By That Martini Guy
JPMorgan and Ripple Execute First Tokenized Treasury Redemption
SocialMay 7, 2026

JPMorgan and Ripple Execute First Tokenized Treasury Redemption

Ripple and JPMorgan just completed the first cross-border tokenized Treasury redemption on the XRP Ledger. This is a big real-world use case for on-chain Treasuries. Big institutions are now settling real money directly on blockchain. RWA momentum is speeding up. https://t.co/00UFITs8d9

By That Martini Guy
ZEC Surges 75% as FOMO Spikes to 4‑month High
SocialMay 7, 2026

ZEC Surges 75% as FOMO Spikes to 4‑month High

$ZEC is currently seeing strong FOMO after gaining 75% in just one week. According to Santiment, social media discussions around the coin over the past few days have reached their highest level in the last 4 months. https://t.co/rTJAzoDJcf

By Crypto Jack
SOL Holds Support; Trendline Break Determines Next Move
SocialMay 7, 2026

SOL Holds Support; Trendline Break Determines Next Move

$SOL is currently holding a key support level. If SOL manages to hold and confirm above the ascending trendline, it could continue its upward momentum. If not, a correction may become inevitable. https://t.co/VZdjmKpAlX

By Crypto Jack