The crypto platform missed on the top and bottom lines as falling digital asset prices weighed on trading activity and investor sentiment.
source https://www.coindesk.com/markets/2026/05/07/coinbase-stock-drops-4-after-surprise-1q-miss-as-crypto-trading-slows
cryptonews
Thursday, May 7, 2026
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 crypto’s recent policy gains in Washington can survive politically.
source https://www.coindesk.com/policy/2026/05/07/tether-executive-warns-the-2026-midterms-could-have-seismic-impact-on-crypto-industry
source https://www.coindesk.com/policy/2026/05/07/tether-executive-warns-the-2026-midterms-could-have-seismic-impact-on-crypto-industry
Wednesday, May 6, 2026
U.S. Bitcoin Reserve update coming in 'next few weeks," White House adviser says
White House digital-assets adviser Patrick Witt cited a recent exploit involving assets held by the U.S. Marshals as proof federal crypto holdings need safeguarding.
source https://www.coindesk.com/policy/2026/05/06/u-s-bitcoin-reserve-update-coming-in-next-few-weeks-white-house-s-adviser-says
source https://www.coindesk.com/policy/2026/05/06/u-s-bitcoin-reserve-update-coming-in-next-few-weeks-white-house-s-adviser-says
Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive
Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.
source https://www.coindesk.com/business/2026/05/06/dominance-of-tether-and-circle-is-net-bad-for-stablecoins-says-bridge
source https://www.coindesk.com/business/2026/05/06/dominance-of-tether-and-circle-is-net-bad-for-stablecoins-says-bridge
Tuesday, May 5, 2026
Strategy posts $12.54 billion Q1 loss on declining bitcoin price
The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.
source https://www.coindesk.com/markets/2026/05/05/strategy-posts-usd12-54-billion-q1-loss-on-declining-bitcoin-price
source https://www.coindesk.com/markets/2026/05/05/strategy-posts-usd12-54-billion-q1-loss-on-declining-bitcoin-price
Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge
Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said.
source https://www.coindesk.com/markets/2026/05/05/bitcoin-extends-gains-to-usd81-500-as-tokenization-push-lifts-bullish-galaxy-centrifuge
source https://www.coindesk.com/markets/2026/05/05/bitcoin-extends-gains-to-usd81-500-as-tokenization-push-lifts-bullish-galaxy-centrifuge
Monday, May 4, 2026
XRP slips below $1.40 on heavy volume, tightening range puts breakout in focus
High-volume breakdown reset positioning, but compression between $1.38–$1.44 now points to a larger move.
source https://www.coindesk.com/markets/2026/05/05/xrp-slips-below-usd1-40-on-heavy-volume-tightening-range-puts-breakout-in-focus
source https://www.coindesk.com/markets/2026/05/05/xrp-slips-below-usd1-40-on-heavy-volume-tightening-range-puts-breakout-in-focus
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