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Daily Market Wrap | May. 08
Hot Topics Bitcoin slips below $80K despite >$1B weekly spot ETF inflows amid profit-taking. U.S. Treasury presses Binance monitorship after $1B Iran-linked flow reports. Market Updates Coinb
Coinbase Posts $394 Million Q1 Net Loss
Coinbase reported a Q1 net loss of $394 million amid declining trading activity driven by market volatility. Transaction revenue fell 40% while net revenue fell 31% to $1.4 billion, missing a
2026 Mining Guide: SHR Miner Offers Cryptocurrency Enthusiasts a Profitable Path to Earning $5,777
Overview As an increasing number of people turn their attention to passive income opportunities within the digital economy, technologies such as smart contracts, cloud mining, and cross-chain
Bitcoin Mining Company Core Scientific Announces It Has Sold Bitcoin! Here Are the Details
Core Scientific announced its financial results for the first quarter of 2026. The company reported selling a total of 2,385 Bitcoin during the period, generating approximately $208.3 million
Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million
BitcoinWorld Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million Deutsche Bank, one of Europe’s largest financial institutions with roughly $2.1 trillion in assets under ma

Ethereum News View More

Tether Blacklists 371 Addresses and Freezes $515 Million USDT in 30 Days
Tether has once again demonstrated its significant control over the stablecoin market by blacklisting 371 addresses across Ethereum and Tron in the past 30 days, resulting in the freezing of
Bitcoin Accumulation Accelerates as Ethereum Sentiment Lags, Analyst Notes Growing Divergence
BitcoinWorld Bitcoin Accumulation Accelerates as Ethereum Sentiment Lags, Analyst Notes Growing Divergence A growing divergence in institutional sentiment between Bitcoin (BTC) and Ethereum (
Public Companies Now Hold Over $16 Billion In ETH
Corporate appetite for $ETH has reached a new milestone. Public companies now collectively hold 7.33 million Ethereum on their balance sheets, worth more than $16 billion, according to data f
ETH Holds Key $2,300 Support as the Market Sees Retail Weakness and Whale Accumulation
Retail investors sold ETH while short-term holders showed weak conviction. Whales accumulated ETH, supporting price despite negative funding rates. ETH holds $2,300 support, facing resistance
Grapefruit Trading Stakes $76.1 Million in ETH, Signaling Institutional Confidence
BitcoinWorld Grapefruit Trading Stakes $76.1 Million in ETH, Signaling Institutional Confidence Cryptocurrency trading firm Grapefruit Trading has staked 33,370 Ether (ETH), valued at approxi

Altcoin News View More

Spartans.com Lands Major RAF Deal as Solana ETFs Hit $1B & Cardano Prepares for Hard Fork
Spartans.com has seized a prize that its competitors can only envy: a 12-month exclusive iGaming alliance with Real American Freestyle. As the fastest-growing combat sports entity in the Unit
Crypto Bloodbath: Top Cryptocurrencies Bleed as Small Caps Deliver Massive Rallies
Bitcoin collapses below $80,000 while smaller cryptocurrencies suddenly deliver explosive gains Ethereum, XRP, and Dogecoin tumble as speculative altcoins surge dramatically higher Crypto mar
SOL Price Setup Tightens as Analysts Watch for Potential 30% Upside Move
SOL trades near $85 in tight range, signaling strong compression before breakout. Analysts expect 20–30% upside if SOL breaks above the $90 resistance zone. Weak on-chain activity contrasts w
Zcash gains 70% in a week amid growing interest in crypto privacy
Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at abou
Crypto Price Predictions for Today, May 8: XRP, Solana (SOL), Cardano (ADA)
XRP started the week under pressure, and that pressure has not let up. The token slid close to 3% yesterday, and today’s price action shows more of the same. Solana and Cardano are not far be
Coinbase Suffers Outage Due to AWS Disruption
Some Coinbase users have been unable to transact on the platform, with others facing slower services after AWS overheating disrupted its services. While Coinbase has assured customers their f

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Daily Market Wrap | May. 08
Hot Topics Bitcoin slips below $80K despite >$1B weekly spot ETF inflows amid profit-taking. U.S. Treasury presses Binance monitorship after $1B Iran-linked flow reports. Market Updates Coinb
News
Spartans.com Lands Major RAF Deal as Solana ETFs Hit $1B & Cardano Prepares for Hard Fork
Spartans.com has seized a prize that its competitors can only envy: a 12-month exclusive iGaming alliance with Real American Freestyle. As the fastest-growing combat sports entity in the Unit
News
Coinbase Posts $394 Million Q1 Net Loss
Coinbase reported a Q1 net loss of $394 million amid declining trading activity driven by market volatility. Transaction revenue fell 40% while net revenue fell 31% to $1.4 billion, missing a
News
2026 Mining Guide: SHR Miner Offers Cryptocurrency Enthusiasts a Profitable Path to Earning $5,777
Overview As an increasing number of people turn their attention to passive income opportunities within the digital economy, technologies such as smart contracts, cloud mining, and cross-chain
News
Bitcoin Mining Company Core Scientific Announces It Has Sold Bitcoin! Here Are the Details
Core Scientific announced its financial results for the first quarter of 2026. The company reported selling a total of 2,385 Bitcoin during the period, generating approximately $208.3 million
News
Tether Blacklists 371 Addresses and Freezes $515 Million USDT in 30 Days
Tether has once again demonstrated its significant control over the stablecoin market by blacklisting 371 addresses across Ethereum and Tron in the past 30 days, resulting in the freezing of
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Coinbase Posts $394M Loss in Q1, Hit by 6-Hour Outage as Traders Lose Millions
Coinbase reported its second consecutive quarter in the red, with losses hitting $394 million as this year’s bear market impacted spot trading volumes. The exchange has been affected by downt
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Internet Computer Posts 10% Gain Amid Decentralized Cloud Push
Internet Computer(ICP) rose 10% in the 24 hours to May 8, 2026. The token traded at $3.30, with a market cap of $1.82B and daily volume of $171.1M. ICP ranks 47th by market cap globally. The
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EUR/JPY Holds Steady Above 184.00 as Risk Appetite Returns, ECB Tightening Expectations Firm
BitcoinWorld EUR/JPY Holds Steady Above 184.00 as Risk Appetite Returns, ECB Tightening Expectations Firm The EUR/JPY cross held its ground above the 184.00 mark during Thursday’s European se
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ECB to Stay Data-Dependent on Rate Path Amid Middle East Uncertainty: Nordea
BitcoinWorld ECB to Stay Data-Dependent on Rate Path Amid Middle East Uncertainty: Nordea The European Central Bank (ECB) is expected to maintain a cautious, data-dependent approach to its in
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Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million
BitcoinWorld Deutsche Bank Deepens MicroStrategy Bet, Holdings Reach $140.1 Million Deutsche Bank, one of Europe’s largest financial institutions with roughly $2.1 trillion in assets under ma
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Bithumb to Temporarily Halt Bitcoin Cash Transactions for Network Upgrade on May 15
BitcoinWorld Bithumb to Temporarily Halt Bitcoin Cash Transactions for Network Upgrade on May 15 South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposits
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GBP/USD Needs to Hold Above 1.3600 for Next Leg Higher
BitcoinWorld GBP/USD Needs to Hold Above 1.3600 for Next Leg Higher The British pound has been testing a critical technical threshold against the US dollar, with analysts suggesting that the