Coinbase reports $394M Q1 loss as stock declines 5% after hours amid trading slowdown
Coinbase shares fell about 5% after hours as Q1 revenue dropped to $1.4 billion and the exchange posted a $394 million loss. The post Coinbase reports $394M Q1 loss as stock declines 5% after hours amid trading slowdown appeared first on Crypto Briefing.
By Estefano Gomez 5/7/2026, 9:26:17 PM
California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries
A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […]
By Terence Zimwara 5/7/2026, 9:20:59 PM
XRP Holdings Disclosed by World's Leading Asset Manager
The Swiss banking giant has officially disclosed exposure to XRP in a newly surfaced SEC Form 13F filing.
By Alex Dovbnya 5/7/2026, 9:17:07 PM
Privacy and accountability can coexist onchain, say panelists at Consensus Miami
Public blockchains make transactions traceable, but that transparency can come at the expense of user privacy. Speakers from Moody’s Ratings and ChangeNOW said that hybrid blockchain architecture and address-level monitoring can help solve both problems simultaneously.
By Jeffrey Albus 5/7/2026, 9:14:23 PM
AI agents and large corporates will lead the next stablecoin boom, executives say
Stablecoins are entering a new phase of adoption, with large corporations using them for cross-border treasury flows while AI agents begin using blockchain rails for autonomous payments, Bridge and Deus X Capital executives said at Consensus 2026.
By Krisztian Sandor 5/7/2026, 9:10:50 PM
Solana (SOL) Reaches a 3-Week High: Is $100 Just a Matter of Time?
"SOL still looks like one of the strongest coins in the market," one analyst claimed.
By Dimitar Dzhondzhorov 5/7/2026, 9:10:04 PM
Crypto firms pursue bank licenses at Consensus
Executives at federally regulated banks told a Consensus Miami 2026 panel that crypto companies are increasingly seeking bank licenses as the industry moves toward regulated financial infrastructure. Executives at federally regulated banks told the Consensus Miami 2026 Policy Summit on…
By Peace Longe 5/7/2026, 9:10:00 PM
This New Move Just Opened XRP To 44 Million New Users
XRP has entered a new chapter in Japan’s payments market after Rakuten Wallet connected the token to Rakuten Pay and Rakuten Cash, giving millions of everyday users a route to interact with the cryptocurrency through an ecosystem they already use. The development is one of the most talked-about XRP adoption stories of the year, among many others....
By Scott Matherson 5/7/2026, 9:00:54 PM
Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares
Institutional investors are gradually increasing crypto exposure as Bitcoin leads allocation preferences amid rising fund inflows and improving market sentiment.
By Sam Bourgi 5/7/2026, 8:55:08 PM
Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown
The crypto platform missed on the top and bottom lines as falling digital asset prices weighed on trading activity and investor sentiment.
By Helene Braun 5/7/2026, 8:51:35 PM
Delmore maps crypto PAC spending at Consensus
Breadcrumbs analyst James Delmore presented a live breakdown of crypto PAC spending at the Consensus Miami 2026 Policy Summit on Thursday. James Delmore, a research analyst at Breadcrumbs who has tracked crypto industry political spending since the 2024 cycle, took…
By Peace Longe 5/7/2026, 8:40:00 PM
Arjun Sethi: Kraken balances institutional needs with decentralization, Bitcoin conference reflects market maturity, and inflationary pressures pose risks to crypto | Galaxy Brains
Rising institutional interest at Bitcoin conferences marks a pivotal shift in the crypto market's maturity. The post Arjun Sethi: Kraken balances institutional needs with decentralization, Bitcoin conference reflects market maturity, and inflationary pressures pose risks to crypto | Galaxy Brains appeared first on Crypto Briefing.
By Editorial Team 5/7/2026, 8:35:46 PM
Ripple’s Treasury Bets Aim to Push $3 Trillion Through XRP
Ripple is quietly positioning XRP as the hidden settlement layer beneath mainstream corporate treasury systems. Continue reading at DailyCoin.
By DailyCoin Team 5/7/2026, 8:33:00 PM
Clarity Act edges toward Senate markup as stablecoin fight narrows options for crypto yield
Stablecoin yield compromise puts CLARITY back in motion. The CLARITY Act, a sweeping U.S. digital asset market structure bill, is inching closer to its next procedural test in the Senate after negotiators released compromise language on stablecoin rewards that had…
By Andrew Folkler 5/7/2026, 8:30:00 PM
Binance receives Treasury letter over potential sanctions violations tied to Iran
Binance faces renewed Treasury scrutiny over potential Iran linked sanctions violations as its US monitorship remains in focus. The post Binance receives Treasury letter over potential sanctions violations tied to Iran appeared first on Crypto Briefing.
By Estefano Gomez 5/7/2026, 8:19:00 PM
Binance Under Pressure: US Treasury Issues Ultimatum Over $1B Iran-Linked Flows
Binance has been under heightened scrutiny in recent months over allegations that it helped facilitate illicit crypto activity tied to Iran. The latest development is that the US Treasury Department has delivered a private ultimatum to the exchange. Binance Under The Spotlight Again According to The Information, the US Treasury sent a letter to...
By Ronaldo Marquez 5/7/2026, 8:17:51 PM
Adam Back says bitcoin is beating DeFi
Blockstream CEO Adam Back told Consensus Miami 2026 that bitcoin is winning a security war against DeFi, and that pension funds and sovereign entities are the next buyers. Blockstream CEO Adam Back argued at Consensus Miami 2026 that Bitcoin’s comparatively…
By Peace Longe 5/7/2026, 8:10:00 PM
Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling
Bitcoin hit resistance at $82,800, triggering a drop below $80,000, but a $1.105 billion weekly inflow into spot BTC ETFs could slow sellers.
By Biraajmaan Tamuly 5/7/2026, 8:05:09 PM
Dmitry Shevelenko: Consumer AI usage has plateaued, revenue is a more reliable metric than user numbers, and the gap between AI capabilities and consumer behavior hinders growth | Big Technology
Perplexity's ARR surge highlights the gap between AI advancements and consumer adaptation in tech growth. The post Dmitry Shevelenko: Consumer AI usage has plateaued, revenue is a more reliable metric than user numbers, and the gap between AI capabilities and consumer behavior hinders growth | Big Technology appeared first on Crypto Briefing.
By Editorial Team 5/7/2026, 8:03:34 PM
Yoni Assia: Financial software complexity limits market access, younger generations demand user-friendly solutions, and the US is moving towards tokenizing capital markets | Raoul Pal
US moves to tokenize capital markets, signaling a major shift in financial regulation and accessibility. The post Yoni Assia: Financial software complexity limits market access, younger generations demand user-friendly solutions, and the US is moving towards tokenizing capital markets | Raoul Pal appeared first on Crypto Briefing.
By Editorial Team 5/7/2026, 8:00:17 PM
Louis-Vincent Gave: Oil prices are high but not yet a crisis for equity markets, geopolitical tensions could push prices to $200, and countries must stockpile resources for economic independence | Macro Voices
Geopolitical tensions and strategic stockpiling are reshaping global oil markets and economic stability. The post Louis-Vincent Gave: Oil prices are high but not yet a crisis for equity markets, geopolitical tensions could push prices to $200, and countries must stockpile resources for economic independence | Macro Voices appeared first on Crypto...
By Editorial Team 5/7/2026, 7:57:02 PM
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking...
By Kevin Helms 5/7/2026, 7:52:49 PM
Blume rejects DeFi structures for crypto lending
Bitcoin lenders at Consensus Miami 2026 said crypto lending must look and feel more like traditional banking if it wants institutional capital to keep flowing in. Bitcoin lenders at Consensus Miami 2026 argued that the future of crypto lending does…
By Peace Longe 5/7/2026, 7:45:00 PM
Strategy Right to Keep Bitcoin Sale Option Open: Analyst
A company that publicly commits to only ever accumulating BTC will give short sellers and arbitrageurs more angles to exploit.
By Wayne Jones 5/7/2026, 7:44:33 PM
Altcoins Aren’t Going Anywhere — Even After Brutal Crashes: Arthur Hayes
Privacy concerns tied to artificial intelligence may be one of the strongest cases yet for owning certain altcoins or cryptocurrencies. That was one argument Arthur Hayes made at Consensus 2026, where the BitMEX co-founder laid out a broad defense of the altcoin market and named the specific tokens he’s betting on. Related Reading: Bitcoin Eyes...
By Christian Encila 5/7/2026, 7:30:41 PM
Bitcoin Climbs Back To $82,800 Amidst Market Recovery – Here’s What Investors Are Up To
Bullish momentum is building around the crypto market, and Bitcoin, the leading digital asset, is steadily trending upwards, breaking past key resistance levels that previously capped its rally. Since BTC’s price found its footing again, positive sentiment has improved around the asset, with buying activity increasing significantly over the past...
By Godspower Owie 5/7/2026, 7:30:16 PM
Ashley Moody defends Washington’s approach to crypto
Senator Ashley Moody took the Consensus Miami 2026 stage on Thursday to tell the crypto industry how she sees the relationship between Washington and digital assets. Senator Ashley Moody took the Consensus Miami 2026 stage on Thursday alongside Digital Chamber…
By Peace Longe 5/7/2026, 7:30:00 PM
Security Heavyweights Once Tried To Break XRP Ledger — And Failed
Ripple's David Schwartz once hired legendary security guard Dan Kaminsky - famous for exposing a big flaw in the internet’s DNS - to test XRP. Continue reading at DailyCoin.
By DailyCoin Team 5/7/2026, 7:29:00 PM
Bobby Lee: Bitcoin’s potential to reshape global finance, the importance of regulatory clarity for crypto, and why digital assets are the future of money | This Past Weekend
The post Bobby Lee: Bitcoin’s potential to reshape global finance, the importance of regulatory clarity for crypto, and why digital assets are the future of money | This Past Weekend appeared first on Crypto Briefing.
By Editorial Team 5/7/2026, 7:23:09 PM
Americans Overwhelmingly Support Major Crypto Bill, Poll Shows
A new national survey by polling firm HarrisX reveals that American voters across the political spectrum are demanding clear federal regulations for digital assets.
By Alex Dovbnya 5/7/2026, 7:12:11 PM
Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the...
By Sergio Goschenko 5/7/2026, 7:05:21 PM
How XRP can break its all-time high this year – is a 170% surge really possible?
XRP has moved from a deleveraging panic to a fragile base-building phase, and the question of when the next all-time high will return hinges on catalysts that have yet to show up in price. The asset trades around $1.42 on CryptoSlate's live XRP page today, May 7, with a market value near $87.5 billion, roughly […] The post How XRP can break its...
By Liam 'Akiba' Wright 5/7/2026, 7:00:39 PM
Trump Jr. defends World Liberty at Consensus
Donald Trump Jr. and Zach Witkoff took the main stage at Consensus Miami 2026 on Thursday to defend World Liberty Financial as the project fights a federal lawsuit from Justin Sun. Donald Trump Jr. and Zach Witkoff took the Consensus…
By Peace Longe 5/7/2026, 7:00:00 PM
CZ floats Binance.US revival to give U.S. users access to global crypto liquidity
The Binance founder said BNB Chain is the optimal payments rail for automated transactions between AI agents, noting that U.S. crypto policies are improving.
By Francisco Rodrigues 5/7/2026, 6:48:01 PM
BitMine may slow ETH buying pace as it nears 5% supply goal
BitMine may slow ETH purchases as Tom Lee says the firm could reach its 5% Ethereum supply goal within weeks. The post BitMine may slow ETH buying pace as it nears 5% supply goal appeared first on Crypto Briefing.
By Estefano Gomez 5/7/2026, 6:45:12 PM
Eric Trump defends American Bitcoin’s record quarter loss
American Bitcoin posted an $81.8 million net loss in Q1 2026, even as the Trump-backed miner set a new quarterly production record of 817 BTC and cut its mining cost by 23%. American Bitcoin reported a net loss of $81.8…
By Peace Longe 5/7/2026, 6:40:00 PM
Michael Saylor says Strategy is turning Bitcoin into “digital credit” and “digital equity”
Michael Saylor says Strategy is “converting digital capital Bitcoin into digital credit (STRC) and digital equity (MSTR),” pitching a three‑layer capital stack with BTC as reserve asset, STRC as yield‑focused credit, and MSTR as the levered equity layer. Michael Saylor,…
By Andrew Folkler 5/7/2026, 6:30:00 PM
Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs
Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran Peace Deal Factor On May 7, bitcoin reversed course, dipping below $80,000 to effectively erase gains made since Monday. As shown by the daily chart, the top cryptocurrency—which reached a multi-month high of $82,833 some […]
By Terence Zimwara 5/7/2026, 6:29:46 PM
Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry
Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically.
By Margaux Nijkerk 5/7/2026, 6:28:11 PM
Senate Banking prepares CLARITY Act markup after months of delays
Senate Banking may notice a CLARITY Act markup as soon as tomorrow after months of delays over stablecoin rewards and draft text. The post Senate Banking prepares CLARITY Act markup after months of delays appeared first on Crypto Briefing.
By Estefano Gomez 5/7/2026, 6:22:58 PM
SoFi’s crypto relaunch earns $121m, keeps $852k
SoFi generated $121.6 million in crypto transaction revenue in Q1 2026, its first detailed public disclosure since the bank relaunched crypto trading, but $120.7 million of that went to costs. SoFi’s relaunched crypto unit generated $121.6 million in transaction revenue…
By Peace Longe 5/7/2026, 6:20:00 PM
Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says
At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.
By Krisztian Sandor 5/7/2026, 6:17:10 PM
Key Shiba Inu Metric Hits a New ATH, Yet SHIB’s Price Remains in Red Territory: Details
Shiba Inu's total holder base is inching toward 1.6 million.
By Dimitar Dzhondzhorov 5/7/2026, 6:11:57 PM
Core Scientific dumps bitcoin to fund AI shift
Core Scientific sold $208 million in bitcoin in Q1 2026 to fund its shift to AI data center operations, as colocation revenue surpassed mining for the first time. Core Scientific sold 2,385 bitcoin for $208.3 million in the first quarter…
By Peace Longe 5/7/2026, 6:08:17 PM
'DeFi is not dead,' it’s going mainstream with AI agents, crypto executives agree
DeFi and its underlying technology have already proved themselves at scale, said eToro CEO Yoni Assia.
By Olivier Acuna 5/7/2026, 6:05:27 PM
Donald Trump Jr. denies rumors World Liberty Financial is falling apart
World Liberty Financial co-founder Donald Trump Jr. and co-founder and CEO Zach Witkoff pushed back on recent online rumors as the crypto firm battles Justin Sun in court.
By Helene Braun 5/7/2026, 6:04:45 PM
Bitcoin Faces Massive Long Liquidation Imbalance As $15 Billion Sits Below Price
Bitcoin is approaching a critical juncture as market data reveals a massive long liquidation imbalance, with an estimated $15 billion in leveraged positions sitting below the current price. This concentration of downside liquidity creates a high-risk environment where even a modest drop could trigger cascading liquidations. How Bitcoin’s Liquidity...
By Godspower Owie 5/7/2026, 6:00:17 PM
Ripple, Mastercard, And JPMorgan Break Ground As XRP Drives Interbank Settlement Rails
Ripple and XRP moved further into institutional finance after Mastercard, Ondo Finance, and Kinexys by JPMorgan completed a major blockchain-based settlement pilot involving tokenized US Treasuries. Announced on May 6, 2026, the pilot transaction connected the XRP Ledger with traditional interbank payment rails, offering a clearer picture of how...
By Sandra White 5/7/2026, 6:00:09 PM
Ripple CEO: This $4.2B Power Play Is Crypto’s Turning Point
Ripple’s CEO Brad Garlinghouse singles out the $4.2B Equiniti deal as “the biggest in crypto ever made”. Continue reading at DailyCoin.
By Tadas Klimasevskis 5/7/2026, 6:00:00 PM
Germany may end tax break on one-year crypto holdings
Germany's potential crypto tax reform could deter long-term investors, impacting its status as a crypto-friendly hub and affecting market dynamics. The post Germany may end tax break on one-year crypto holdings appeared first on Crypto Briefing.
By Vivian Nguyen 5/7/2026, 5:53:55 PM