Crypto News

Bernstein sets $100 IREN target after $3.4 billion NVIDIA AI deal

Bernstein analysts set $100 IREN target after NVIDIA deal, citing $3.4B cloud contract and 76% implied upside.

📈 Bullish

Bitcoin rally cools as April jobs fails to break macro ceiling with Iran tensions and ETF outflows in play

Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.

8 May 2026 BITCOIN NEAR

Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M

Criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK.

Australian police seize $4.1M in Bitcoin tied to darknet market

NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons.

⚡ Breaking

CryptoSlate

Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids

At Consensus 2026, Cardano's Charles Hoskinson said that “users should probably never have their private keys,” adding that “something should have the private keys for the users.” He argued that the secure chips already embedded in iPhones, Android phones, and Samsung devices outperform those in Ledger and Trezor devices, and that most crypto users already […] The post Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids appeared first on CryptoSlate.

8 May 2026 CARDANO

XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’

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

8 May 2026 RIPPLE

How AI became crypto's favorite reason to cut staff

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.

CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher

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

8 May 2026 NEAR

Coinbase bulls point to crypto legislation and stablecoins after earnings miss

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

📈 Bullish

Zcash Targeting Post-Quantum Crypto Milestone by 2027

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

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins.

Revolut users report Bitcoin price glitch showing BTC at 2 cents

The apparent pricing error was not reflected across broader crypto markets, suggesting a platform-specific data or display issue.

CryptoSlate

Bitcoin faces new tariff risk as EU races to finalize US trade deal this month

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.

Morning Minute: Coinbase Misses Earnings on Surprise Loss

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

8 May 2026 ETHEREUM

U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party

Your day-ahead look for May 8, 2026

Four signs that show Ethereum's rally is exhausted at $2.4K

Several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals.

8 May 2026 ETHEREUM

Bernstein says Coinbase’s ‘everything exchange’ strategy is gaining traction despite weak first-quarter results, sees 71% upside

The analysts maintained an outperform rating and $330 price target on Coinbase despite weaker first-quarter results.

Bitcoin eyes $80K reclaim as traders say these BTC price support levels must hold

Bitcoin retagged $80,000 after falling 3% on Iran concerns, while traders flagged important BTC price support levels to preserve next.

Senator Warren presses Meta over stablecoin trial ahead of 2026 rollout plans

Senator Elizabeth Warren questioned Meta over its stablecoin trial, citing Libra risks and 2026 integration plans.

CryptoSlate

Coinbase went down for over 5 hours after missing earnings. Bulls still see a path to $300 billion by 2030

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.

Bitcoin retreats below $80,000, liquidating $300 million in futures bets

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 5-day inflow streak as BTC dips under $80K

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.

📈 Bullish

AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick In

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