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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.

The Time Is Now: The Senate Must Act on Crypto Market Structure Legislation
NewsMay 6, 2026

The Time Is Now: The Senate Must Act on Crypto Market Structure Legislation

The GENIUS Act’s stablecoin framework sparked a 49% surge, lifting the market to $306 billion in 2025 and drawing institutional capital back to the United States. Building on that momentum, the Senate Banking Committee is poised to advance the CLARITY Act,...

By CoinDesk
Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators
NewsMay 6, 2026

Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators

Bermuda is expanding its on‑chain economy by airdropping USDC to residents and onboarding merchants to accept stablecoin payments. Premier David Burt announced the initiative at Consensus Miami, emphasizing lower transaction costs and greater financial inclusion for small businesses. The program...

By CoinDesk
NEAR Gains Momentum, Poised for New BTC‑Pair Highs
SocialMay 6, 2026

NEAR Gains Momentum, Poised for New BTC‑Pair Highs

$NEAR is heating up for more momentum technically. For the first time in a long time, it's creating higher highs, higher lows on the $BTC pair. On top of that, the 21-MA is crossed on multiple timeframes indicating that we'll see more...

By Michaël van de Poppe
Crypto Bill Won't Move without a Ban on Officials' Industry Ties, Says U.S. Senator Gillibrand
NewsMay 6, 2026

Crypto Bill Won't Move without a Ban on Officials' Industry Ties, Says U.S. Senator Gillibrand

U.S. Senator Kirsten Gillibrand warned that the Digital Asset Market Clarity Act will not advance in the Senate without an ethics provision barring senior officials from holding crypto interests. The clause, aimed largely at potential conflicts involving former President Donald...

By CoinDesk
Leveraged ETFs: Trade, Don't Hold—Use Spot for Long-Term
SocialMay 6, 2026

Leveraged ETFs: Trade, Don't Hold—Use Spot for Long-Term

Leveraged ETFs are built for trading, not holding. A 2x XRP ETF compounds losses on the way down just as fast as it compounds gains on the way up. People who bought it at launch and held are already down....

By Jake Claver
ZEC Surges 40% After Recent Bull Flip
SocialMay 6, 2026

ZEC Surges 40% After Recent Bull Flip

ZCash $ZEC up almost 40% since the bull flip 2 days ago 🚀🚀 Bull flips allow for the best risk reward entries in real time enabling you to grow capital, protect it (sell if bear flip), and compound by deploying into...

By Ivan on Tech
Cryptominer Mawson Rebrands as Big Digital Energy, Signs 75MW Colo Deal with Endeavor
NewsMay 6, 2026

Cryptominer Mawson Rebrands as Big Digital Energy, Signs 75MW Colo Deal with Endeavor

Big Digital Energy, formerly Mawson Infrastructure Group, announced a rebrand and a new colocation agreement with an Endeavor affiliate. The deal will deliver roughly 75 MW of compute capacity and about 25,000 mining computers, operating under a 50/50 profit‑sharing model. Endeavor...

By Data Center Dynamics
Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules
NewsMay 6, 2026

Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules

Kevin O’Leary told investors at the Consensus conference in Miami that Wall Street’s token‑ization hype will stall until Congress enacts comprehensive digital‑asset regulations. He highlighted the GENIUS Act’s rapid stablecoin adoption as proof that clear rules unlock institutional participation. O’Leary...

By CoinDesk
Strategy DUMPING Bitcoin
PodcastMay 6, 20261h 5m

Strategy DUMPING Bitcoin

In this episode of Discover Crypto, hosts dissect Bitcoin’s 200‑day moving average, short‑term chart patterns, and whether the recent bear market has ended, while also reacting to Michael Saylor’s unexpected Bitcoin sale. They analyze altcoin momentum, especially Zcash’s surge and...

By The Bitboy Crypto Podcast
Coinbase Slashes 14% of Staff, Cites AI, CEO Armstrong Says
NewsMay 6, 2026

Coinbase Slashes 14% of Staff, Cites AI, CEO Armstrong Says

Coinbase CEO Brian Armstrong announced a 14% cut—roughly 700 employees—citing a volatile crypto market and rapid AI adoption. The layoff package includes at least 16 weeks of base pay plus seniority bonuses, while the company flattens its hierarchy to five...

By Pulse
Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback
NewsMay 6, 2026

Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback

Fintech platform Fasset and stablecoin issuer Tether have introduced a Visa‑network neobank card that pays up to 6% cashback in XAU₮, Tether’s gold‑backed digital asset. Tether is allocating up to $1 million in XAU₮ to fund the rewards program, signaling a...

By Pulse
Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities
NewsMay 6, 2026

Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities

Securitize received expanded FINRA approval for its broker‑dealer subsidiary and, together with Jump Trading and Jupiter, launched a fully on‑chain, regulated market for tokenized equities. The move consolidates custody, settlement and liquidity under a single regulated framework, aiming to accelerate...

By Pulse
DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security
NewsMay 6, 2026

DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security

Kelp DAO announced it will replace LayerZero with Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) as the backbone for its rsETH bridge. The move follows an April 18 exploit that drained about 116,500 rsETH, roughly $292 million, highlighting vulnerabilities in LayerZero’s messaging layer. CCIP’s...

By Crowdfund Insider
Crypto Long & Short: In Quiet Crypto Markets, Yield Is the Trade
NewsMay 6, 2026

Crypto Long & Short: In Quiet Crypto Markets, Yield Is the Trade

Crypto markets have been unusually quiet, prompting investors to shift from price speculation to yield‑focused strategies such as options and structured products. Maxime Seiler notes that despite weak token prices, institutional adoption is accelerating, with banks and custodians building the...

By CoinDesk
NAORIS Gains Momentum with Quantum‑Resistant On‑Chain Solution
SocialMay 6, 2026

NAORIS Gains Momentum with Quantum‑Resistant On‑Chain Solution

$NAORIS is gaining momentum as price starts to go up. They are building a quantum-resistant layer from scratch, which inevitably is required to becoming a solution for the future of on-chain transactions. Of course, it's not clear whether they'll be a winner,...

By Michaël van de Poppe
The Legal Risks and Practical Considerations of Digital Asset Blacklisting
NewsMay 6, 2026

The Legal Risks and Practical Considerations of Digital Asset Blacklisting

U.S. prosecutors are increasingly requesting voluntary freezes of digital assets, bypassing traditional seizure warrants. The GENIUS Act obliges stable‑coin issuers to freeze or blacklist wallets at government request, shifting the burden of proof to asset holders. Holders must quickly assemble...

By CoinDesk
ICP + INJ + JASMY
BlogMay 6, 2026

ICP + INJ + JASMY

The post reviews three cryptocurrency assets—Internet Computer (ICP), Injective Protocol (INJ) and Jasmy (JASMY)—through cycle positioning and Elliott Wave analysis. The author notes that none of the assets have experienced structural changes since the April 15 review, enabling more frequent updates...

By Elliott Wave 2.0
Royco - DeFi's Risk Waterfall
BlogMay 6, 2026

Royco - DeFi's Risk Waterfall

Royco Dawn, launched in April 2026, introduces a risk‑tranching layer to DeFi yield sources by splitting deposits into Senior and Junior positions. The Senior tranche enjoys a contract‑defined protection buffer, while the Junior tranche absorbs first‑losses and earns a higher...

By Alea Research
CFTC Chair Michael Selig Signals Push for Formal Regulations Clarifying Broker Registration for Software Developers
NewsMay 6, 2026

CFTC Chair Michael Selig Signals Push for Formal Regulations Clarifying Broker Registration for Software Developers

The CFTC announced plans to issue formal rules clarifying when developers of non‑custodial software must register as brokers or associated persons. The move follows a 2026 no‑action letter to Phantom Technologies, which exempted the popular self‑custodial wallet under strict conditions....

By Crowdfund Insider
Stablecoin Industry Opposes Bank of England’s Unhosted Wallet Ban
NewsMay 6, 2026

Stablecoin Industry Opposes Bank of England’s Unhosted Wallet Ban

The Bank of England is considering a ban on unhosted wallets for stablecoins, arguing it protects credit availability and financial stability. Industry leaders, including tGBP CEO Benoit Marzouk, warn the move would cripple operability, erode network effects, and diminish the pound’s...

By Cointelegraph
Morgan Stanley Slashes Crypto Fees, Pressures Exchanges
SocialMay 6, 2026

Morgan Stanley Slashes Crypto Fees, Pressures Exchanges

SHOTS FIRED: Morgan Stanley is rolling out crypto trading on its E*Trade platform for 50bps/trade, undercutting Schwab's 75bps (who undercut Coinbase). If I know Schwab, they likely won't let this stand. Others will prob undercut too. By the time the...

By Eric Balchunas
KAST Launches Stablecoin Cashback for Card Users
NewsMay 6, 2026

KAST Launches Stablecoin Cashback for Card Users

KAST, a stablecoin‑powered fintech platform, has introduced USD‑stablecoin cashback for its card users, replacing traditional point rewards with direct, spendable value. The program features three membership tiers: Standard (1.5% cashback on up to $2,000 monthly spend, no fee), Premium (2%...

By Fintech Global
Arcium Ecosystem Surpasses $7.5m with Bench and Crafts
NewsMay 6, 2026

Arcium Ecosystem Surpasses $7.5m with Bench and Crafts

Arcium, an encrypted supercomputer on Solana, announced two flagship apps—Bench and Crafts—while its ecosystem raised over $7.5 million from more than a dozen teams. Bench introduces the first digital‑asset opportunity market, attracting over 4,000 users in its first week on Devnet....

By Fintech Global
Why Stablecoins and SWIFT May Have to Coexist
NewsMay 6, 2026

Why Stablecoins and SWIFT May Have to Coexist

Western Union introduced USDPT, a Solana‑based stablecoin, in the Philippines and Bolivia, marking the payments giant’s first foray into blockchain settlement. The company plans to roll the token out to additional markets through 2026, positioning it as a real‑time alternative...

By Cointelegraph
ETF Flows Are Reshaping Bitcoin’s Recovery
BlogMay 6, 2026

ETF Flows Are Reshaping Bitcoin’s Recovery

Bitcoin has surged back above $80,000, closing in on its 200‑day moving average, a key technical benchmark. At the same time, equity markets are recovering, reviving risk‑on sentiment that is spilling into digital assets. The article argues that the durability...

By Ecoinometrics (Substack)
Samsung SDS Wins Deal to Build South Korea’s Blockchain Securities System: Report
NewsMay 6, 2026

Samsung SDS Wins Deal to Build South Korea’s Blockchain Securities System: Report

Samsung SDS, the IT services arm of Samsung, secured a contract to build and operate a token securities platform for the Korea Securities Depository (KSD). The blockchain‑based system will link KSD’s existing electronic securities accounts with distributed‑ledger data, enabling stable...

By Cointelegraph
Zcash Price May Hit $800 as $2.7B Hedge Fund Reveals ‘Significant Position’ in ZEC
NewsMay 6, 2026

Zcash Price May Hit $800 as $2.7B Hedge Fund Reveals ‘Significant Position’ in ZEC

Zcash (ZEC) has surged more than 125% over the past month, far outpacing the broader crypto market. Multicoin Capital, a US‑based hedge fund with $2.7 billion under management, disclosed a significant, accumulated position in ZEC that began in February. The rally...

By Cointelegraph
Ctrl Alt Launches First Tokenized Structured Product on Solana, Placing Over $400m On-Chain
NewsMay 6, 2026

Ctrl Alt Launches First Tokenized Structured Product on Solana, Placing Over $400m On-Chain

Ctrl Alt, a tokenisation infrastructure provider, has launched its first tokenised structured product on the Solana blockchain, placing over $400 million in on‑chain assets. The product is backed by yield‑bearing assets sourced from a regulated UK financial services firm and was...

By The Fintech Times
Treasury Proposes AML Rule to Bring Stablecoin Issuers Under BSA
NewsMay 6, 2026

Treasury Proposes AML Rule to Bring Stablecoin Issuers Under BSA

The U.S. Treasury’s Financial Crimes Enforcement Network and Office of Foreign Assets Control issued a joint notice of proposed rulemaking that would classify permitted payment stablecoin issuers as financial institutions under the Bank Secrecy Act. The rule expands anti‑money‑laundering and...

By Pulse
OpenTrade Secures $17M in Strategic Funding to Scale Its Stablecoin Yield Infrastructure
NewsMay 6, 2026

OpenTrade Secures $17M in Strategic Funding to Scale Its Stablecoin Yield Infrastructure

OpenTrade announced a $17 million strategic funding round led by Mercury Fund and Notion Capital, bringing its total capital to over $30 million. The fintech‑focused stablecoin yield infrastructure platform now supports $200 million in total value locked and processed $250 million in transactions in...

By Tech.eu – People
Siris Exits Equiniti as Bullish Strikes $4.2bn Deal
NewsMay 6, 2026

Siris Exits Equiniti as Bullish Strikes $4.2bn Deal

Private equity firm Siris Capital is exiting its portfolio company Equiniti after agreeing to sell it to cryptocurrency exchange Bullish for $4.2 billion. Bullish will assume $1.85 billion of debt and fund the remaining $2.35 billion with stock, aiming to combine blockchain technology...

By Private Equity Wire
Bubblemaps Flags MYSTERY Token over 90-Wallet Launch Sniping Cluster
NewsMay 6, 2026

Bubblemaps Flags MYSTERY Token over 90-Wallet Launch Sniping Cluster

Bubblemaps identified that 90 newly funded wallets, all linked to address 0x544E, purchased roughly 90% of the MYSTERY memecoin supply at launch. The cluster, initially funded by a transfer of 20 ETH (about $38,000), sold around $100,000 of tokens but still...

By Cointelegraph
ETH ETFs Drive $260M Surge, Target $2,400 Breakout
SocialMay 6, 2026

ETH ETFs Drive $260M Surge, Target $2,400 Breakout

Spot ETH ETFs +$260M in 3 days lift ETH >$2,300. Institutional flows (BlackRock, Fidelity) fuel momentum. Risk: $2,400 resistance; failure may retest $2,300. Trade: buy breakout >$2,400. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov

By Viktor Kopylov, PhD, CFA
Crypto's Massive Growth: Payments, Politics
SocialMay 6, 2026

Crypto's Massive Growth: Payments, Politics

Crypto things you might have missed: -@Ripple processed $13 trillion in payments last year -Garlinghouse: "I want Bitcoin to win" -Moreno: Trump to sign CLARITY Act before July 4 -Arthur Hayes: $ZEC target is 10% of $BTC -Solana + Google launch stablecoin payments for AI...

By Wendy O
Linea Contributes ZK Rollup Stack to Linux Foundation Open-Source Group
NewsMay 6, 2026

Linea Contributes ZK Rollup Stack to Linux Foundation Open-Source Group

Linea Consortium has become a premier member of the Linux Foundation’s Decentralized Trust (LFDT) and contributed its zero‑knowledge rollup stack as the open‑source project Lineth. The contribution places Linea’s execution, consensus and proof systems under LFDT’s governance, expanding the maintainer...

By Cointelegraph
USYC Becomes World’s Biggest Tokenized Money Market Fund
SocialMay 6, 2026

USYC Becomes World’s Biggest Tokenized Money Market Fund

Circle's USYC is the largest tokenized money market fund in the world, now over $3B in AUM.

By Jeremy Allaire
Crypto Landscape Shifts: SOL Leads, ZCash Revives, Bittensor
SocialMay 6, 2026

Crypto Landscape Shifts: SOL Leads, ZCash Revives, Bittensor

We're starting to see the early signs of what Crypto's shifting order will look like: SOL dominates tokenization & stable coins ZCash is reclaiming its Cypherpunk 👑 Bittensor is still the Bitcoin of AI, even after a subnet rug pull & Clarity is...

By Ryan Bethencourt
Securitize Secures FINRA Approval, Advancing Tokenized Securities Into Regulated Broker-Dealer Operations
NewsMay 6, 2026

Securitize Secures FINRA Approval, Advancing Tokenized Securities Into Regulated Broker-Dealer Operations

Securitize announced that its subsidiary Securitize Markets received expanded FINRA approval, becoming the first traditional broker‑dealer authorized to custody tokenized securities. The approval lets the firm handle custody, clearing and settlement in‑house, enabling atomic on‑chain settlement and stablecoin payments. It...

By Crowdfund Insider
Solana Outperforms Ethereum in On‑chain Capital Markets
SocialMay 6, 2026

Solana Outperforms Ethereum in On‑chain Capital Markets

Solana leads in performance for on-chain Capital Markets, even though Ethereum has x8 more RWA tokenized assets. Investing in the Tokenization Megatrend https://t.co/f9xh0mGAj1 https://t.co/JSQKfFtva9

By Efi Pylarinou
Lightspark Delivers Best‑in‑class Docs for One‑shot Integrations
SocialMay 6, 2026

Lightspark Delivers Best‑in‑class Docs for One‑shot Integrations

At @lightspark, we obsess over documentation, and we 2x obsess over making it best-in-class for agentic-driven implementation. We aim to enable one-shot integrations. Here’s a good example for global realtime payouts: https://t.co/geQ30Nt8Lg

By David Marcus
South Korea's First Bank‑Led KRW Stablecoin Uses Post‑Quantum Security
SocialMay 6, 2026

South Korea's First Bank‑Led KRW Stablecoin Uses Post‑Quantum Security

🇰🇷 South Korea’s first bank-led KRW stablecoin POC will use $BTQ’s post-quantum security tech. Built on Kaia and connected to ecosystems originally developed by Kakao and LINE. Post-quantum security is starting to become part of real financial infrastructure. https://t.co/2a1VZc3QxV

By That Martini Guy
Market Stifled by Caps, Circuit Breakers, and No Spot Trading
SocialMay 6, 2026

Market Stifled by Caps, Circuit Breakers, and No Spot Trading

And this is with deposit caps, system caps, circuit breakers, throttled DN lev, no spot, lev, or trs. Fun.

By Andre Cronje
Prioritizing Real‑World Payments Over Speculative On‑Chain Hype
SocialMay 6, 2026

Prioritizing Real‑World Payments Over Speculative On‑Chain Hype

The markets only rewards speculative use cases onchain, but our DNA isn't wired for that, the only way for us is to onboard and grow meaningful real world use cases on our chain. Payments on @0xPolygon is that bet for me.

By Sandeep Nailwal
Bitcoin Climbs 12% on Mechanics, Not Demand
SocialMay 6, 2026

Bitcoin Climbs 12% on Mechanics, Not Demand

1/4 Bitcoin gained 12% in April despite 46 straight days of negative funding rates. No spot demand. No conviction. Just structural mechanics: basis trades, Strategy's $3.8B in purchases, and short liquidations. The market is tightly wound. Here's why that matters.

By Laura Shin
Morgan Stanley Brings Crypto Trading to Everyday Investors
SocialMay 6, 2026

Morgan Stanley Brings Crypto Trading to Everyday Investors

Morgan Stanley just launched crypto trading on its E*Trade platform. 🚀 Millions of everyday investors can now easily buy Bitcoin and other crypto straight through one of Wall Street’s largest banks. https://t.co/mdx3aYnRvo

By That Martini Guy
ETH Nears Resistance as FOMO Fuels Market Momentum
SocialMay 6, 2026

ETH Nears Resistance as FOMO Fuels Market Momentum

$ETH is approaching resistance. Step by step, ETH is moving perfectly according to our plan. FOMO is growing rapidly in the market, people haven’t seen growth like this for a long time, and now many are getting trapped in emotions. The big players...

By Crypto Jack
Avoid Pump Chasing; Hype Precedes Market Pain
SocialMay 6, 2026

Avoid Pump Chasing; Hype Precedes Market Pain

I’ve been in crypto long enough to know 1. Don’t chase pumps 2. Everyone thinking we’re so back is typically followed by extreme pain

By Layah Heilpern
Fed up with Coinbase's Missteps, Awaiting Crypto Thaw
SocialMay 6, 2026

Fed up with Coinbase's Missteps, Awaiting Crypto Thaw

I’m tired of hearing about Coinbase. They bulked up and trimmed down. Poorly managed. Wake me up after the crypto winter.

By Bryan Clagett
Nasdaq Leads, Bitcoin Inflows Surge, Altcoins Follow
SocialMay 6, 2026

Nasdaq Leads, Bitcoin Inflows Surge, Altcoins Follow

There we go. Nasdaq moved first, volatility goes down, so #Bitcoin moves. #Bitcoin had more than $1 billion in inflows in the first few days of the month. Now, just days after, #Altcoins are following through.

By Michaël van de Poppe