Author: Crypto Editor
In short Apple and Intel reached a preliminary chip manufacturing settlement after greater than a 12 months of negotiations, per The Wall Road Journal. Intel inventory hit an intraday excessive of $130.57 on Could 8, 2026, surpassing the dot-com period peak of $74.88 from August 2000 by roughly 74%. President Trump personally lobbied Tim Cook dinner for the deal, whereas the U.S. authorities holds a virtually 10% stake in Intel purchased at $20.47 per share. Intel and Apple have reached a preliminary settlement for Intel to fabricate among the chips powering Apple units, The Wall Road Journal reported Friday. Talks…
Earlier in 2026, as a digital asset market construction invoice was into account within the US Senate, cryptocurrency exchanges Coinbase, Kraken and Gemini reportedly pressed to take away language within the laws that might have affected their token listings.In accordance with a Friday Politico report, the three exchanges requested US lawmakers to scrap a provision available in the market construction invoice that might have required platforms to solely supply buying and selling on digital belongings “not readily vulnerable to manipulation.” The businesses reportedly pressed senators to take away the language because it may have made it tough for exchanges to…
The Senate Banking Committee plans to carry its long-awaited markup listening to for the Digital Asset Market Readability Act of 2025 (in any other case generally known as the Readability Act) on Thursday, Could 14 at 10:30 a.m.The Readability Act was largely in limbo after Coinbase CEO Brian Armstrong introduced the trade was pulling its help over stablecoin yield and different provisions in January. Final week, Senators Thom Tillis and Angela Alsobrooks launched a compromise textual content addressing yield, which might prohibit crypto corporations from providing yield on static stablecoin reserve holdings however permitting rewards for stablecoins concerned in actions,…
Algorand joins Google AP2 and helps x402 for AI brokers, API funds, and machine-to-machine crypto settlement. Crypto funds are transferring towards agent-based programs, and Algorand has entered that shift by means of Google’s AP2 Agentic Funds Protocol. The event locations Algorand inside a rising fee framework for autonomous AI brokers, APIs, and machine-to-machine transactions. Algorand Joins Google AP2 Customary Algorand has introduced help for Google’s AP2 Agentic Funds Protocol. The usual is designed for funds made by autonomous brokers throughout digital companies. The community mentioned it has partnered with Google on AP2. The transfer hyperlinks Algorand to a funds mannequin…
BMNR inventory value trades at $22.00 after a 4% drop on Might 7, sliding alongside the broader crypto-treasury advanced as chairman Tom Lee signaled BitMine might sluggish its Ethereum accumulation tempo. The inventory sits inside an ascending channel that seems bullish on the floor, however a number of circulate and positioning indicators counsel a deeper take a look at is forward. BMNR Inventory Value Holds an Ascending Channel After a 59% Drop BitMine Immersion Applied sciences (BMNR) traded at $22.00 on Might 7, down 3.97%. Chairman Tom Lee mentioned at Consensus Miami that the corporate might sluggish its Ethereum (ETH)…
Ethereum whale Garrett Jin transferred roughly $178 million price of ETH to Binance whereas nonetheless holding over $690 million in ETH. BlackRock and Constancy additionally moved greater than 35,000 ETH mixed to Coinbase Prime amid rising ETF outflows. Merchants are intently watching whether or not these giant transfers finally flip into seen spot-market promoting strain. A wave of enormous Ethereum transfers hit main exchange-linked platforms on Might 8, sparking recent dialogue round potential promote strain constructing available in the market. The most important transfer got here from Ethereum whale Garrett Jin, who deposited roughly $178 million price of ETH into…
Keshav is presently a senior author at NewsBTC and has been connected to the web site since June 14, 2021. Keshav has been writing for a few years, first as a hobbyist and later as a freelancer. He has expertise working in a wide range of niches, even fiction at one level, however the cryptocurrency trade has been the longest he has been connected to. When it comes to official academic {qualifications}, Keshav holds a bachelor’s diploma in Physics from one of many premier institutes of India, the College of Delhi (DU). He began the diploma with an intention of…
The “rage quitting” backside”Embarrassing to observe”Fundstrat International Advisors co-founder and famous market bull Tom Lee is doubling down on his ultra-bullish outlook for the digital asset market. Regardless of a punishing begin to the yr, Lee is forecasting an enormous capital rotation that would see Ethereum (ETH) and Bitcoin (BTC) attain new all-time highs earlier than the tip of 2026.In keeping with the newest year-end value targets attributed to the strategist, Lee sees a transparent path for Bitcoin (BTC) to hit $200,000. Ethereum (ETH): has been predicted to hit $12,000. Ethereum (ETH) Might Hit $12K This 12 months, Lee Predicts Main Outage…
Bitcoin is buying and selling round $80k, holding barely above the psychological threshold that has outlined the ceiling of each restoration try over the previous three months. The ascending channel is undamaged, the 100-day MA reclaim is holding, and BTC is now urgent into the zone between the present worth and the 200-day MA. This space is a stretch of roughly $4–$5k that accommodates the subsequent significant resistance. Beneath all of this, probably the most uncommon options of this complete rally is simply now starting to resolve: the restoration was constructed virtually totally on damaging funding charges. Bitcoin Worth Evaluation:…
Felix Pinkston Might 08, 2026 10:15 Bitcoin ETFs reversed $277.5M inflows after BTC fell beneath $80K, ending a 5-day streak. Constancy and BlackRock led outflows; Morgan Stanley remained resilient. Bitcoin exchange-traded funds (ETFs) abruptly reversed a five-day influx streak, logging $277.5 million in outflows on Thursday as Bitcoin (BTC) fell beneath the $80,000 mark. This comes after ETFs attracted almost $1.7 billion in inflows over the earlier week, in keeping with SoSoValue information. The Constancy Sensible Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Belief ETF (IBIT) had been hit hardest, registering outflows of $129 million and $98 million, respectively.…