Crypto

New XRP addresses hit multi-year lows, per Glassnode data, as the network shifts from "retail speculation" to institutional usage.

Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover. Coinbase became the latest crypto company to cut its workforce on Tuesday, as a wave of layoffs sweeps through an industry navigating a down market and the pressure to embrace AI. CEO Brian Armstrong said the company is using AI to flatten its organizational structure, with managers expected to act more like "player-coaches." "AI is bringing a profound shift in how companies operate, and we're reshaping Coinbase to lead in this new era. This is a new way of working, and we need to leverage AI across every facet of our jobs," Armstrong said in an email to employees, also shared on X on Tuesday. Read more

Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.

Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.

Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.

$XRP price might be falling under its $1.40 support, but a Swiss banking giant managing $7T in assets, has disclosed XRP exposure. The post XRP Price Could Start Another Rally: $7 Trillion Bank Announces Its Ripple Coin Investment appeared first on Cryptonews.

The privacy-focused cryptocurrency plans to launch a quantum-recoverable wallet within a month as it outlines its roadmap.

Ripple now appears alongside heavyweights like SpaceX, OpenAI, and Anthropic. Check out how.

ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins. European Central Bank (ECB) President Christine Lagarde said stablecoins are not an efficient way to strengthen the euro’s international role, pushing back against calls for Europe to respond to US dollar-backed stablecoins with euro-denominated tokens. Speaking Friday at the Banco de España LatAm Economic Forum in Roda de Bará, Spain, Lagarde made several comments on the role of stablecoins in the European economy. “It is no longer about whether stablecoins should exist, but whether jurisdictions can afford to be without them,” she said, arguing that the case for promoting euro stablecoins becomes less clear once their two core functions are separated. “The benefits attributed to them [stablecoins] rest on two distinct functions — a monetary function and a technological function — that are systematically conflated in the current debate,” Lagarde ...

The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.

The apparent pricing error was not reflected across broader crypto markets, suggesting a platform-specific data or display issue. Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of 2 cents. Users further reported on X apparent simultaneous price drops across multiple cryptocurrencies, including XRP and Solana (SOL), as well as stablecoins such as USDt (USDT) and USDC (USDC). The anomalies, which quickly reversed, appear to have been confined to the Revolut app, with no matching price dislocation visible across aggregated multi-exchange data or derivatives markets during the same period. Read more

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Unfortunately, Ethereum was rejected at the $2,400 resistance this week. Bulls did not manage to break this key level, and now the price appears to be curving down towards the support at $2,000. While the price is in the […]

The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel Institute […] The post Bitcoin faces new tariff risk as EU races to finalize US trade deal this month appeared first on CryptoSlate.

Coinbase missed earnings, but one of its newest businesses is scaling incredibly fast—and Tom Lee may finally be slowing his Ethereum buying.

Bitcoin drops 1.7% to $79,679 as US-Iran tensions in the Strait of Hormuz spark risk-off selling. Can BTC reclaim $85,000 before the weekly close? Key levels, analyst targets, and market scenarios inside. The post Bitcoin Price Prediction: Bitcoin Falls to $79.6k as US-Iran Escalation Dents Risk Set for 6th Weekly Gain appeared first on Cryptonews.

Here's everything most interesting around BTC, SHIB, and ETH.

Ethereum just fall below $2,300, and Fundstrat's Tom Lee called it cheap, making news publicly with a $22,000 price target attached. The post Ethereum News: Tom Lee Sets $22,000 Ethereum Target appeared first on Cryptonews.

Your day-ahead look for May 8, 2026

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals. Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Ethereum’s network fundamentals are weakening, with weekly average transactions dropping by 10% to 4.79 million, per data from Nansen. Active addresses dropped by 8% to 2.5 million over the same period.  Read more

Coinbase says the outage has been fully resolved but that it will investigate the incident fully.