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Cryptocurrency News

Location American Cryptocurrency News for 7 May 2026
Prediction Market Fight Deepens as 40 States Push Back on CFTC A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial der...
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Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg Kraken owner Payward will acquire Hong Kong-based Reap Technologies as the crypto exchange expands its stablecoin and payments infrastructure business in Asia.
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Dogecoin slides 4%, bitcoin rally pauses as Iran ceasefire optimism lifts equities Crypto majors took a breather Thursday after a strong run, with bitcoin holding around $81,000 and ether slipping below $2,330 as global equities pushed to fresh records on hopes of a US-Iran deal.
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Bitcoin bulls target $115K by December: Does data back the expectation? Bitcoin options show bulls targeting $115,000 by year-end but are traders becoming overly optimistic?
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Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue ...
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Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round The leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshis next target audience. The move comes as the company reported an astounding rise in annualized volum...
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Bitcoin exchange reserves fall to two-year low after $8B exodus Nearly 100,000 Bitcoin exited major exchanges as OTC balances tightened and demand from accumulator addresses increased by 60%, pointing to reduced liquid supply.
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Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance Coinbax took the top spot at Consensus Miami with software built to add compliance controls to onchain payments.
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California Man Gets 6 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...
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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 executi...
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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.
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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.
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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, a...
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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.
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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...
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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 cryptos recent policy gains in Washington can survive politically.
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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.
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'DeFi is not dead,' its going mainstream with AI agents, crypto executives agree DeFi and its underlying technology have already proved themselves at scale, said eToro CEO Yoni Assia.
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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.
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Samson Mow defends Strategy selling portions of its Bitcoin treasury The Bitcoin advocate spoke up after Michael Saylor signaled that the company might sell some BTC, a major departure from the Strategy founder's previous rhetoric.
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Coinbase Gives Amazon Bedrock Agents Wallet Tools With USDC Settlement Coinbase added x402 and wallet infrastructure to Amazon Bedrock Agentcore Payments, expanding payment tools for AI agents. The integration supports governed micropayments and USDC settlement across Base and Solana. Coinb...
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Amazons new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots Amazon said AI agents for now will be allowed to buy APIs, web content and other online services, but that future versions would enable hotel bookings, travel reservations and payments to merchants.
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