Crypto

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.

The credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market. Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit. The proposal, MIP-34, passed in a seven-day Snapshot vote that ended Friday, according to DAO governance platform Snapshot. The measure authorizes the Mantle Foundation to negotiate and execute definitive agreements with Aave DAO for a loan from the Mantle Treasury, though the facility remains subject to Aave implementing its recovery plan and the parties finalizing terms. The credit facility is intended to help address the impact of the rsETH incident on Aave V3. The proposal said the attacker deposited 89,567 unbacked rsETH on Aave and borrowed about $190 million in WETH, wstETH and stablecoins, creating potential bad debt estimated at between $123.7 million and $230.1 million. Read more

Arbitrum DAO voted to release the Kelp exploit funds, but a U.S. Court restraining notice has put the approved transfer in legal jeopardy.

Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next. Bitcoin (BTC) revisited $80,000 on Friday after US-Iran war nerves sparked 3% daily losses. Key points: Read more

Here's why this analyst believes BTC could be on the verge of a more profound decline.

BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked to illicit activity. Tether has frozen more than $514 million in USDT across Ethereum and Tron over the past 30 days, according to onchain data from BlockSec’s USDT Freeze Tracker, highlighting the stablecoin issuer’s growing role in crypto-related enforcement actions. As of Friday, the tool shows 370 addresses blacklisted in that period, including 328 on Tron and 42 on Ethereum, with about $505.9 million frozen on Tron and $8.73 million on Ethereum. The figures indicate that most recent enforcement activity is concentrated on Tron and highlight how often the world’s largest stablecoin issuer is intervening onchain to immobilize funds flagged as high-risk or linked to investigations. Read more

Coinbase, the largest US-based exchange, ended a difficult first quarter with a fresh test of investor confidence after the crypto exchange missed Wall Street estimates by reporting another quarterly loss, and later suffered a service disruption tied to an Amazon Web Services (AWS) outage. The sequence gave investors a sharp reminder of the company’s two […] The post Coinbase went down for over 5 hours after missing earnings. Bulls still see a path to $300 billion by 2030 appeared first on CryptoSlate.

BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.

Bitcoin ETFs snap a five-day $1.7 billion inflow streak with $277.5 million of outflows as Bitcoin falls below $80,000 amid sharp intraday volatility. US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) snapped a five-day inflow streak totaling nearly $1.7 billion as Bitcoin dipped below $80,000. Bitcoin funds logged $277.5 million in outflows on Thursday, marking the first daily outflows in May, according to SoSoValue data. Read more

The campaigns target over-the-counter operators and local exchanges as new laws expand oversight to custody and brokerage services.

Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.

Chainlink CCIP just secured another major DeFi migration.

Solana Developer Share Hits 23% as Ethereum Falls Below 35% The post Solana Just Overtook Ethereum in New Developer Signups — Biggest News Shift for Solana? appeared first on Cryptonews.