Crypto

Coinbase reported a turbulent first quarter, with revenue declines, a sharp drop in net income, and weakening retail trading activity—but XRP emerged as a major bright spot for the crypto exchange. The post Coinbase Revenue from XRP Tops ETH, SOL as Holdings Soar 458% – Is XRP Price Ready for Breakout? appeared first on Cryptonews.

Bitcoin surges past $103K on Trump trade deal hints. U.S. states cut taxes, banks embrace BTC – Is $200K next? The post Bitcoin Price Prediction: New U.S. Crypto Laws Could Push BTC Toward $200K  appeared first on Cryptonews.

BlackRock’s Bitcoin ETF has now posted 19 days of consecutive inflows, the longest inflow streak for the world's asset manager this year. BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year. IBIT’s inflow streak has been ongoing since April 14, and has coincided with a volatile Bitcoin (BTC) market, with the asset trading between $83,152 and $103,000 over the period. However, market sentiment has been increasing after the asset reclaimed and held above the $90,000 price on April 23 before reclaiming the $100,000 price on May 8 for the first time since Feb. 1. Read more

Today's top gainers are reps of the meme coin niche.

TRUMP is up by roughly 100% in the past month.

Check out what signals that BTC might soon exceed its historical peak of almost $110,000.

Anthony Scaramucci says a “million dollar Bitcoin” will come down to a SWF saying, “Ok, this is part of the infrastructure of the world’s financial services.” Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder Anthony Scaramucci. “I think they are buying it, I think they are buying it on the margin,” Scaramucci, former White House director of communications during US President Donald Trump’s first term, said on Anthony Pompliano’s podcast on May 8. “I don’t think it is going to be a gigantic groundswell of buying until we greenlight legislation in the United States,” he added. Scaramucci previously said in a February interview with the Financial Times that he expects the US government to propose crypto legislation in November. Read more

Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going through a rotation right now,” Saylor said on the Coin Stories podcast with Natalie Brunell on May 9. Saylor said, “Lots of non-economically interested parties are rotating out of the asset.” However, at the same time, “a new cohort of investors are entering.” Read more

Ethereum price catches a bid as regulatory and investor sentiment shift in ETH’s favor. Key takeaways: ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted.  President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook.  Read more

VIRTUAL has surged by 17.5% today, yet interest from whales could send the AI token much higher in the next few weeks. The post Is VIRTUAL the Next AI Mega Coin? 200% Rally + Whale Inflows Signal More Upside (Price Prediction) appeared first on Cryptonews.

PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year. Volume […] The post PumpSwap hits $100M in TVL as memecoin launchpads see resurgence appeared first on CryptoSlate.

Gemini has obtained a MiFID II license from Malta’s regulator, giving it EU-wide access to offer perpetual futures and other crypto derivatives. The exchange has also said it has been pursuing a MiCA license to widen services while competitors Coinbase and Kraken expand through major acquisitions. The post Gemini Bags Malta MiFID License, Eyes EU-Wide Crypto Perps Rollout appeared first on Cryptonews.

Coinbase has launched 24/7 CFTC-regulated Bitcoin and Ethereum futures via Coinbase Derivatives LLC, the first such offering in the US. Cleared by Nodal Clear and backed by Virtu, ABN AMRO and Wedbush, the move follows its $2.9bn Deribit purchase and precedes planned perpetual contracts. The post Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures appeared first on Cryptonews.

$614.9 billion—that’s where blockchain gaming revenue is now forecast to land by 2030 after AI agents began running wallets, cutting trades, and even bluffing at on-chain poker tables this week. Recent data shows that the global blockchain gaming market size was valued at $128.62 billion in 2022.While this growth is impressive, on-chain games still primarily […] The post AI Agents Set to Spark $615B Boom in Blockchain Gaming Engagement appeared first on Cryptonews.

Ethereum is up 30% over the last 48 hours, beating Bitcoin after crypto markets rallied on broader macroeconomic conditions.

Following an anticipated airdrop, the DOOD token’s market capitalization declined by roughly 40% on May 9, according to DEX Screener. The newly launched DOOD token from Ethereum-based NFT project Doodles has seen a steep drop in market capitalization following its May 9 airdrop on the Solana network. According to data from DEX Screener, DOOD’s market cap fell from over $100 million shortly after launch to around $60 million at the time of writing. Overall, the much-anticipated airdrop was “[d]efinitely underwhelming,” a crypto commentator said in a May 9 X post.  Read more

Taiwanese Lawmaker Ko Ju-Chun has urged the government at the National Finance Conference on May 9 to add Bitcoin to national reserves, suggesting a 5% allocation as a hedge against currency volatility and potential conflict, while Taiwan’s FSC advances draft rules for virtual asset oversight. The post Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now? appeared first on Cryptonews.

SOL price rallied as large liquidity inflows and a boost in Solana’s DeFi activity surged. Key Takeaways: Solana's 15% surge and potential close above the 50-week EMA signal strong bullish momentum, which previously led to a 515% rally in 2024. The $120 million in liquidity bridged to Solana reflects growing network confidence. Read more

Michelle Bond says federal prosecutors have used stealth and deception to persuade her husband, former FTX executive Ryan Salame, to plead guilty, asserting they have not upheld an understanding that she would be spared campaign-finance charges stemming from her 2022 congressional bid. The post Michelle Bond Alleges ‘Stealth and Deception’ in Prosecutors’ 7-Year FTX Plea Deal appeared first on Cryptonews.

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI, digital assets, and automation. After nearly three years of sector-specific slowdowns triggered by tighter monetary policy, Wood now sees signs of economic stabilization and renewed […] The post Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth appeared first on CryptoSlate.