Recent Bitcoin Price Predictions, Shiba Inu’s Latest Achievement, and More: Bits Recap May 8
Here's everything most interesting around BTC, SHIB, and ETH.
By Dimitar Dzhondzhorov 5/8/2026, 11:38:41 AM
Bitcoin price analysis: Next key level to watch as short-term holders exit
Bitcoin (BTC) price has dropped below $80,000 on May 8 after a rejection above $82,850 was accelerated by notable spot … Continue reading The post Bitcoin price analysis: Next key level to watch as short-term holders exit appeared first on Finbold.
By Steve Muchoki 5/8/2026, 11:36:39 AM
Leading trends in the UK currency and cryptocurrency markets in 2026
UK FX and crypto markets grow more connected as regulation and macro pressures intensify in 2026. The UK currency and cryptocurrency markets in 2026 are increasingly shaped by the same macro forces, including interest rates, inflation, and regulatory change. Rather…
By Samuel Msiska 5/8/2026, 11:36:25 AM
Iran nuclear sites attacked by US, Israel amid rising tensions
The attacks may lead to heightened regional instability, potential airspace closures, and increased geopolitical tensions affecting global diplomacy. The post Iran nuclear sites attacked by US, Israel amid rising tensions appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 11:33:01 AM
UAE exits OPEC amid Gulf tensions, Strait of Hormuz risks rise
The UAE's OPEC exit may destabilize oil markets and heighten regional tensions, impacting global energy security and shipping routes. The post UAE exits OPEC amid Gulf tensions, Strait of Hormuz risks rise appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 11:32:38 AM
U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party
Your day-ahead look for May 8, 2026
By Omkar Godbole 5/8/2026, 11:31:39 AM
Reform UK gains 400 seats in 2026 local elections, Labour loses 260
Reform UK's rise signals a potential political realignment, increasing pressure on Labour's leadership and challenging traditional party dynamics. The post Reform UK gains 400 seats in 2026 local elections, Labour loses 260 appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 11:30:27 AM
Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off
A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment. Large Exchange Inflow Signals Potential Sell-off A wallet identified by Lookonchain as being tied to Metalpha, a Hong Kong-based crypto asset...
By Shiraz Jagati 5/8/2026, 11:30:04 AM
PROS explodes 48% as Upbit and Bithumb listings ignite demand
PROS surged 47.8% after Upbit and Bithumb listings, with Pharos volume rising 209.6% as Korean trading access expanded.
By Olivia Stephanie 5/8/2026, 11:30:00 AM
Crypto Whale Builds $16.7M Bet on TON, NEAR, and AI Tokens
The post Crypto Whale Builds $16.7M Bet on TON, NEAR, and AI Tokens appeared first on Coinpedia Fintech News A major crypto whale identified as 0x84b3 has accumulated roughly $16.7 million in long positions across high-beta AI, privacy, and infrastructure tokens. On-chain data from Hypurrscan shows the wallet holding large positions in NEAR...
By Qadir AK 5/8/2026, 11:29:19 AM
Top 6 Crypto PR Agencies With a Track Record in Tier-1 Business Media in 2026
A 2026 ranking of crypto PR agencies with documented placements in Forbes, Bloomberg, the Wall Street Journal, Reuters, the Financial Times, and CNBC. Outset PR leads with named cases and verifiable mainstream business media outcomes.
By Crypto Daily 5/8/2026, 11:29:12 AM
Coinbase blames AWS for hours-long crypto trading outage
Coinbase says the outage has been fully resolved but that it will investigate the incident fully.
By Olivier Acuna 5/8/2026, 11:29:04 AM
Upbit Lists Pharos (PROS) on KRW, BTC and USDT Markets
The post Upbit Lists Pharos (PROS) on KRW, BTC and USDT Markets appeared first on Coinpedia Fintech News Upbit will list Pharos trading pairs against KRW, BTC, and USDT on May 8, expanding access to the emerging Layer 1 project. Pharos is an EVM-compatible blockchain built on an asynchronous BFT-based proof-of-stake consensus mechanism designed to...
By Qadir AK 5/8/2026, 11:26:58 AM
Smart Media Planning: How Outset Media Index Helps Stay Within Your Budget
Learn how Outset Media Index (OMI) helps PR teams stay within budget through smarter media planning, objective benchmarking, and structured media intelligence.
By Crypto Daily 5/8/2026, 11:25:19 AM
Bitcoin Open Interest Records Biggest Surge of 2026
The post Bitcoin Open Interest Records Biggest Surge of 2026 appeared first on Coinpedia Fintech News Bitcoin open interest has posted its strongest increase of 2026, surpassing levels seen during Bitcoin’s previous all-time high formation. The surge signals renewed trader activity in futures markets, despite funding rates remaining broadly...
By Qadir AK 5/8/2026, 11:24:43 AM
Powell likely to remain Fed chair until term ends in 2026 amid Warsh transition
Powell's continued tenure may stabilize Fed policy, reducing market volatility amid potential executive pressures and Warsh's pending leadership. The post Powell likely to remain Fed chair until term ends in 2026 amid Warsh transition appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 11:20:50 AM
Cloudflare shocks Wall Street with AI layoffs despite earnings beat
Cloudflare shares fell sharply in after-hours trading on Thursday after the cloud infrastructure company announced major layoffs tied to its push into artificial intelligence. According to recent reports, the stock dropped about 18% even after Cloudflare reported first-quarter earnings and…
By Rony Roy 5/8/2026, 11:20:00 AM
Ethereum Whales Split as ETH ETF Outflows Return and BitMine Eyes Slowdown
Diverging on-chain whale moves and $103.5M in ETH ETF outflows are casting doubt on Ethereum's short-term recovery narrative. Continue reading at DailyCoin.
By Alex Costa 5/8/2026, 11:15:00 AM
Boston Consulting Group Predicts $55 Trillion Tokenized Real-World Assets by 2055: Can It Help Cryptocurrency Market?
Tokenization is no longer niche: the market is growing and it will keep doing so, making finances even more accessible.
By Arman Shirinyan 5/8/2026, 11:04:00 AM
Ripple IPO Could Bring ‘Something Special’ For XRP Holders, CEO Suggests
Ripple CEO Brad Garlinghouse suggested that XRP holders could potentially receive “something special” if Ripple eventually goes public, while stressing that any such move is not an immediate priority for the company. Speaking with Eleanor Terrett on the Crypto In America podcast at XRP Las Vegas, Garlinghouse addressed one of the more sensitive...
By Jake Simmons 5/8/2026, 11:00:36 AM
Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days
Buyers on Binance shifted decisively in recent weeks. The exchange’s seven-day net taker volume swung from roughly -$1 billion in late March — a period dominated by sellers — to around $2.6 billion by early May, signaling that demand had returned with some force. Related Reading: XRP Market Now Controlled By Whales? Dominance Reaches 91% On...
By Christian Encila 5/8/2026, 11:00:32 AM
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.
By William Suberg 5/8/2026, 11:00:16 AM
BTC falls under $80K as Bitcoin ETFs record first May outflows
Bitcoin ETFs posted $277.5M in outflows after five inflow days as BTC dipped below $80K, while MSBT still attracted new capital.
By Olivia Stephanie 5/8/2026, 11:00:00 AM
Bitcoin Price Falls Below Its Most Important Support, What Does it Mean?
Here's why this analyst believes BTC could be on the verge of a more profound decline.
By Jordan Lyanchev 5/8/2026, 10:49:56 AM
XRP Ledger Update Arrives With Default-Enabled Amendment
XRP Ledger pushes key update with automatic fix activation.
By Tomiwabold Olajide 5/8/2026, 10:45:00 AM
$5.7 Trillion Banking Giant UBS Group Reveals XRP ETF Holdings in SEC Filing
The post $5.7 Trillion Banking Giant UBS Group Reveals XRP ETF Holdings in SEC Filing appeared first on Coinpedia Fintech News UBS Group, one of the world’s biggest banks managing nearly $5.7 trillion in assets, has quietly gained exposure to XRP through regulated ETF products. A new SEC filing shows the banking giant is now officially connected...
By Rizwan Ansari 5/8/2026, 10:40:50 AM
ECB chief Christine Lagarde raises fresh concerns over euro stablecoins
European Central Bank President Christine Lagarde has intensified her opposition to euro-denominated stablecoins, warning that the risks to financial stability and monetary control outweigh any benefit to the euro’s international role. Speaking Friday at the Banco de Espana LatAm Economic…
By Rony Roy 5/8/2026, 10:37:11 AM
Tether freezes over $500M of USDT in 30 days, BlockSec data shows
BlockSec data shows Tether froze over $500 million in USDT across 370 Ethereum and Tron addresses in 30 days, adding to $1.26 billion frozen in 2025 linked to illicit activity.
By Christina Comben 5/8/2026, 10:35:59 AM
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...
By Oluwapelumi Adejumo 5/8/2026, 10:35:05 AM
Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH
A mysterious crypto whale with alleged ties to industry veteran Erik Voorhees has added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Key Takeaways: A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The […]
By Shiraz Jagati 5/8/2026, 10:30:56 AM
Hyperliquid Outperformed Bitcoin By 71% In The Worst Crypto Quarter Since 2018 — Report Reveals Why
Decentralized exchange Hyperliquid delivered $215 million in gross revenue during Q1 2026 — crypto’s worst quarter since the 2018 ICO crash — outperformed Bitcoin by 71.5 percentage points, and on one February night, became the de facto global price discovery venue for crude oil while every legacy commodity exchange was closed. Related Reading:...
By James Halver 5/8/2026, 10:30:26 AM
Bitcoin Weekly Forecast: $82K rejection raises doubts over BTC rally durability
Bitcoin (BTC) pauses its recent rally, trading below $80,000 on Friday with modest weekly gains, as it struggles to break above a key overhead supply zone.
By N/A 5/8/2026, 10:27:27 AM
Zcash plans quantum-resistant upgrade as crypto braces for future risks
Zcash plans to launch quantum recoverable wallets within about a month. The system is designed to protect user funds during future cryptographic shifts. Full quantum-resistant security is targeted for rollout by 2027. Zcash is preparing a major upgrade aimed at protecting users from one of the long-term risks facing modern cryptography: quantum...
By Charles Thuo 5/8/2026, 10:21:43 AM
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.
By Oliver Knight 5/8/2026, 10:21:03 AM
Iran captures tanker in Gulf of Oman amid US maritime tensions
Increased US-Iran tensions may disrupt Strait of Hormuz shipping, impacting global oil markets and prompting diplomatic or military responses. The post Iran captures tanker in Gulf of Oman amid US maritime tensions appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 10:20:42 AM
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.
By Helen Partz 5/8/2026, 10:20:05 AM
South Korea tightens rules on overseas crypto transfers
South Korea will require firms moving crypto overseas to register, as Travel Rule checks and a 22% crypto tax add pressure.
By Olivia Stephanie 5/8/2026, 10:20:00 AM
BNB price invalidates bearish pattern, can bulls push toward new highs?
BNB price has broken above a multi-month descending triangle pattern, signaling that bearish momentum may be fading as buyers attempt to regain control of the trend. According to data from crypto.news, BNB (BNB) price was trading around $638 at press…
By Rony Roy 5/8/2026, 10:14:23 AM
Stablecoin card spend is growing 100% year over year, Rain exec says
Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.
By Francisco Rodrigues 5/8/2026, 10:11:13 AM
KelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration
Chainlink CCIP just secured another major DeFi migration.
By Chayanika Deka 5/8/2026, 10:08:59 AM
Coinbase stock crashes amid prolonged outages
Coinbase (NASDAQ: COIN) stock continues to drop after the crypto exchange went through a major service disruption. The outage, which … Continue reading The post Coinbase stock crashes amid prolonged outages appeared first on Finbold.
By Marko 5/8/2026, 10:07:40 AM
Taiwan indicts TV anchor over alleged USDT-funded Chinese influence scheme
Taiwanese prosecutors have indicted a television news anchor on allegations of receiving cryptocurrency payments from a Chinese operative to produce politically influenced content and obtain classified military information from serving and former officers. According to the Taiwan Ciaotou District Prosecutors’…
By Rony Roy 5/8/2026, 10:06:48 AM
U.S Government Makes Another Coinbase Deposit: What Are the Implications?
The U.S. Government is in the process of liquidating funds that they believe originated from illicit activities.
By Arman Shirinyan 5/8/2026, 10:03:00 AM
This 1 Chart Explains Why Bitcoin Is Winning And Ethereum Is Losing Right Now
On-chain analytics firm CryptoQuant has identified a significant divergence in the demand structures driving Bitcoin and Ethereum’s recoveries in 2026, with Bitcoin attracting sustained institutional spot buying while Ethereum’s price stability reflects reduced selling pressure rather than genuine new demand — a distinction that carries major...
By James Halver 5/8/2026, 10:00:55 AM
Crypto Giant Coinbase In The Red: Q1 Losses Mount As COIN Slides 5%
On Thursday, crypto exchange Coinbase (COIN) disclosed its first-quarter (Q1) results, which had impact on its stock valuation. COIN shares ended the session down around 5% at $192 per share following the company’s earnings report. This marked the second consecutive quarterly loss for the exchange, although the quarter itself was characterized by...
By Ronaldo Marquez 5/8/2026, 10:00:07 AM
Bitcoin News Today: Why the $80K Support Is Under Threat Despite Institutional Momentum
Bitcoin News Today: $80K Support Under Threat The post Bitcoin News Today: Why the $80K Support Is Under Threat Despite Institutional Momentum appeared first on Coinspeaker.
By Neil Mathew 5/8/2026, 9:59:35 AM
Iran war boosts profits for energy, banks, defense firms: BBC
The conflict's economic impact highlights the complex interplay between geopolitical tensions and global market stability, affecting peace prospects. The post Iran war boosts profits for energy, banks, defense firms: BBC appeared first on Crypto Briefing.
By Estefano Gomez 5/8/2026, 9:56:25 AM
Ethereum’s most notorious sandwich bot targets Vitalik Buterin’s swap
Vitalik Buterin’s $4 swap was sandwiched by JaredfromSubway, renewing debate over Ethereum MEV, front-running, and encrypted mempools.
By Olivia Stephanie 5/8/2026, 9:55:00 AM
Aptos Price Forecast: Rally extends to fourth day amid $50 million commitment for ecosystem development
Aptos (APT) trades above $1.00 on Friday, extending a four-day rally and retesting levels not seen since the end of March amid the announcement that the Aptos Foundation and AptosLabs have committed over $50 million to infrastructure development.
By N/A 5/8/2026, 9:49:02 AM
HarrisX poll finds CLARITY Act could influence voter decisions
U.S. voters have increasingly tied support for crypto regulation to electoral choices as a new HarrisX survey showed bipartisan backing for the CLARITY Act ahead of a possible Senate Banking Committee markup next week. According to HarrisX, 52% of 2,008…
By Rony Roy 5/8/2026, 9:46:28 AM