The Crypto Industry Is Dying, That Is A Good Thing, Says Anthony Pompliano

Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out as the parts …

XRP Market Now Controlled By Whales? Dominance Reaches 91% On Binance

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …

Analyst Sets $220,000 Minimum Price Target For Bitcoin, But How Will It Get There?

A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin (BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price target of $220,000 once the cryptocurrency begins …

JPMorgan Says Strategy Could Buy Up To $30B In Bitcoin This Year– TD Cowen Lifts Target To $395

Strategy—formerly known as MicroStrategy—could meaningfully accelerate its Bitcoin-buying pace this year, according to analysts at JPMorgan.  The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the largest publicly traded Bitcoin treasury companies, and JPMorgan believes its next move may be a larger, faster round of acquisitions. Strategy Could Outpace Past Bitcoin …

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 …

$6B In Bitcoin Options Expire In December: Is $115K BTC Price Realistic?

Key takeaways: Half of the $6 billion in Bitcoin options open interest is tied to long-shot strategies used for hedging and neutral price strategies. The 9% put (sell) options premium hints that professional traders are worried about a potential Bitcoin price drop. Bitcoin (BTC) bulls have high hopes for the year-end options expiry on Dec. …

US Treasury ‘privately demanded’ Binance comply with monitoring deal: Report

Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance. The US Department of the Treasury reportedly demanded that Binance follow a monitoring program put in place by a 2023 deal between authorities and the cryptocurrency exchange, following reports that the company facilitated $1 billion to entities …

CLARITY Act markup could happen as early as next week: Coinbase exec

The CLARITY crypto market structure bill could see a markup in the US Senate Banking Committee as early as next week, according to Kara Calvert, the vice president of US policy at crypto exchange Coinbase. “My prediction is that we have a markup next week,” Calvert told the audience at the Consensus 2026 crypto industry conference …

Crypto PACs spend $7.2M to support candidates in 5 US states ahead of elections

Political action committees (PACs) affiliated with the cryptocurrency company-backed Fairshake reported spending millions of dollars to support candidates in five races, with less than six months until US voters decide on their representatives in Congress. According to filings with the Federal Election Commission this week, the Protect Progress PAC reported about a combined $1.6 million …

Fund managers double down on Bitcoin as crypto sentiment rebounds — CoinShares

Fund managers are warming back up to digital assets, with Bitcoin continuing to dominate allocation preferences even as broader crypto sentiment improves, according to a new survey by CoinShares. The April survey gathered responses from 26 institutional investors overseeing a combined $1.3 trillion in assets under management. Allocations to digital assets remain relatively modest, at …

Bitcoin falls under $80K but four-month high in weekly BTC ETF inflows may curb selling

Bitcoin (BTC) price dropped to $79,800 on Thursday after being rejected at a key dynamic resistance level. The pullback occurred despite the weekly spot Bitcoin exchange-traded fund (ETF) inflows surging past $1 billion for the first time since January, but technical data suggests the correction may be short-lived.  Bearish divergences point to where BTC price …

Kalshi see valuation double to $22B after $1B raise as prediction markets boom

Prediction marketplace Kalshi has reached a $22 billion valuation after closing a $1 billion Series F funding round, underscoring growing venture capital appetite for prediction markets amid surging retail adoption. The new valuation doubles Kalshi’s worth from just five months ago. The funding round was led by Coatue Management, with participation from Andreessen Horowitz, Sequoia …

Samson Mow defends Strategy selling portions of its Bitcoin treasury

Michael Saylor’s comment this week that Strategy might sell portions of its Bitcoin holdings, is a decision that gives the BTC treasury company Strategy, optionality, according to BTC advocate Samson Mow. “Never selling limits optionality. Public markets are war. In war, you need all available tools at your disposal,” Mow said after company co-founder Saylor’s …

Crypto Polo Cup returns for its fourth edition in Palm Beach during Consensus Miami week

Palm Beach, Florida, May 7, 2026 – Hosted by Luna PR, the fourth edition of the Crypto Polo Cup (CPC) will take place on May 9, 2026, at the Santa Clara Polo Club, alongside Consensus Miami. The invite-only event will bring together institutional leaders, founders, and investors across the digital asset and financial sectors. Since …

Benjamin Cowen Issues Bitcoin Warning, Says There’s ‘Certainly a Chance’ New BTC Low Is Incoming – Here’s His Timeline

Crypto analyst Benjamin Cowen is cautioning that Bitcoin could still be at risk of setting a new cycle low later this year, pointing to historical patterns from previous bear markets. In a recent YouTube update, Cowen examines the time gaps between major lows in past cycles, suggesting the current market may not yet be out …

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