Crypto Industry News & Market Trends

Coinbase Misses Estimates on Q1 Revenue, $400M Loss

Coinbases stock has fallen more than 14.5% this year, prompting the exchange to pursue new business lines such as prediction markets and cost-cutting measures, including laying off 14% of its workforce, or about 700 employees, on Monday.　　Despite the companys earnings, CEO Brian Armstrong struck an optimistic tone on the earnings call, telling investors that “the world economy is moving on-chain, and Coinbase was built to capitalize on this transition.”　　He added that over the past year, Coinbase has aimed to transition from “a primarily spot-focused crypto platform into a place where you can now trade any asset class.”　　“We‘re in kind of this interim period where spot crypto assets were down a bit, other asset classes were up. As we diversify, these things will get balanced out, where we’ll just be in a more upward channel over time,” Armstrong added.　　Coinbase rival Robinhood Markets also missed estimates for the first quarter last month as its crypto revenue and trading volumes nearly halved from a year earlier.　　Bernstein said in March that the decline in crypto stocks presented a more attractive entry point for investors seeking exposure to the current hot theme of tokenization and maintained a bullish rating on Coinbase and Robinhood.　　It argued that

05-08Industry

GBP/USD Needs To Hold Above 1.3600 For Next Leg Higher

Tech　　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 GBP/USD pair must stabilize above the 1.3600 level to build momentum for a fresh rally. This key support zone has emerged as a pivotal point for traders assessing the near-term direction of the currency pair.　　Technical Analysis: 1.3600 as a Decisive Level　　The 1.3600 mark represents a confluence of prior resistance-turned-support and a psychologically significant round number. Over the past week, the pair has dipped toward this level on multiple occasions, each time attracting buyers. However, a sustained close below this threshold could signal a shift in sentiment, potentially opening the door for a move toward the 1.3400 region.　　On the upside, a confirmed hold above 1.3600 would target the next resistance zone near 1.3750, a level that has capped gains since early this year. The 14-day Relative Strength Index (RSI) is hovering near 50, indicating a neutral momentum that leaves the pair without a clear directional bias until a breakout occurs.　　Fundamental Drivers in Focus　　The pound‘s performance is being shaped by a mix of domestic and external factors. The Bank of England’s cautious stance on

05-08Industry

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 Thursdays European session, supported by a broad improvement in market risk appetite and growing expectations that the European Central Bank will continue raising interest rates. The pair traded in a narrow range, consolidating recent gains as traders weighed shifting monetary policy outlooks in both the eurozone and Japan.　　Risk-On Mood Lifts Euro Against Safe-Haven Yen　　Global equity markets edged higher on Thursday, driven by better-than-expected corporate earnings and easing concerns over a near-term U.S. recession. The improved sentiment weighed on traditional safe-haven assets, including the Japanese yen, allowing the euro to extend its recent recovery. The EUR/JPY cross has risen more than 1.5% over the past week, recovering from a low near 181.50 set earlier this month.　　Market participants are closely watching the Bank of Japan‘s policy stance, which remains accommodative despite rising inflation. The BOJ’s yield curve control policy continues to cap Japanese government bond yields, keeping the yen under pressure relative to currencies from economies with more aggressive tightening cycles.　　ECB Rate Hike Expectations Bolster Euro　　European Central Bank officials have maintained a hawkish tone in recent weeks, signaling that further rate increases are likely to combat persistent inflation. The ECB raised

05-08Industry

Ethereum Price Extends Decline As $2,220 Support Comes Into Play

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.　　From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.　　As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.　　In addition to his roles in finance

05-08Ethereum

Ethereum Price News: Can ETH Break $2,500 After Whales Buy $322M, and Why Pepeto Could Grow Your Money Faster

The post Ethereum Price News: Can ETH Break $2,500 After Whales Buy $322M, and Why Pepeto Could Grow Your Money Faster appeared first on Coinpedia Fintech News　　The Ethereum price news this week centers on one number. Whales bought $322 million worth of ETH in just 96 hours, with 140,000 tokens absorbed while the price held above $2,300, according to Coinpedia. Staking demand added another layer, with 3.48 million ETH waiting to enter staking contracts compared to only 441,000 waiting to exit, an 8-to-1 ratio worth roughly $8 billion in locked demand, according to BSCN.　　The Ethereum price news gives holders a reason to pay attention, but the real question is where the biggest returns are forming right now. Pepeto crossed $9.81 million with a working exchange live today. The Binance listing is approaching, and analysts project 100x because the token at presale pricing is what every trader who watched past cycles from the outside wishes they could go back and buy.　　Ethereum Price News Shows Whales Accumulate $322M as Staking Queue Hits 8-to-1 Ratio　　ETH whales accumulated roughly $322 million in 96 hours while staking entries outpaced exits by 8-to-1, with 3.48 million ETH waiting to stake versus 441,000 waiting to unstake, according

05-08Ethereum

Ethereum, BMNR news: ETH may lose its biggest buyer as Bitmine mulls slowing down purchases

Miami — Bitmine (BMNR), the largest Ethereum treasury firm, may slow the pace of its ether (ETH) accumulation as the firm is inching closer to reaching its accumulation goal, Chairman Tom Lee said Thursday at Consensus 2026 in Miami.　　The company, which holds over 5.1 million ETH worth around $11.9 billion at current prices, originally expected it would take five years to accumulate 5% of the ETH supply, Lee said. Instead, the company held 4.29% as of this week, less than a year after launching its strategy.　　“At our current buying pace of 100,000 ETH a week, we‘re going to be there [at 5%] in like six weeks,” Lee said during a keynote presentation. “I think we’re deciding perhaps we want to accumulate at a somewhat slower pace.”　　The comments mark a shift in tone for Bitmine, which has remained one of the few large digital asset treasuries still actively buying crypto while many rivals paused accumulation during the market downturn. Strategy (MSTR), the largest corporate bitcoin holder and another consistent crypto buyer over the past months, indicated this week it may sell bitcoin to cover dividend obligations, per Executive Chairman Michael Saylors suggestion.　　Lee said Bitmine remains profitable through staking income and cash

05-08Ethereum

Ethereum (ETH) Price Prediction: ETH Loses Momentum as $2,350 Reclaim Becomes Critical

Ethereum (ETH) is entering a cautious phase as fading momentum, weaker spot demand, and the critical $2,350 reclaim decide whether bulls can defend support or face another leg lower.　　Ethereum price is back under pressure after its recent recovery attempt started to fade near resistance. According to Brave New Coin, Ethereum is trading around $2,294.77, down 2.20% in the last 24 hours, while 24-hour asset volume sits above $20.14 billion.　　Ethereum Loses Its Parabolic Structure　　The biggest technical concern right now is that ETH appears to have lost the curved/parabolic support that helped guide its recent recovery from the February lows. Ted Pillows pointed out that Ethereum needs to reclaim the $2,350 level soon, otherwise the structure could start to look much weaker.　　This matters because $2,350 is no longer just a normal resistance level. It now acts as the area ETH needs to recover to prove that the recent dip was only a shakeout. If price stays below this zone, sellers may continue to pressure the market, with $2,250 and $2,200 becoming the next key areas to watch.　　$2,200–$2,150 Support Zone Comes Into Focus　　On the downside, the $2,200–$2,150 region is now the most important support zone for Ethereum. Can Özsüers chart shows ETH still

05-08Ethereum

Tom Lee Says Ethereum Price Could Reach $22,000 Leading Next Crypto Rally

The post Tom Lee Says Ethereum Price Could Reach $22,000 Leading Next Crypto Rally appeared first on Coinpedia Fintech News　　Fundstrat strategist Tom Lee says Ethereum remains undervalued despite its growing role in digital finance. Speaking at the Consensus conference in Miami, He said Ethereum could emerge as one of the biggest winners of the next crypto market rally, as artificial intelligence and tokenization increase demand for blockchain-based financial systems.　　As per Lee, the recent recovery in digital assets signals the end of the crypto downturn and positions Ethereum for long-term growth.　　“At the current price around $2,300, Ethereum is cheap,” Lee said during his presentation.　　Lee tied Ethereums outlook closely to the expansion of tokenized assets, stablecoins, and AI-powered digital agents, which he said will increasingly rely on decentralized payment and settlement networks.　　Ethereum price outlook tied to Bitcoin and tokenization growth　　Ethereum has historically traded at an average ratio of about 0.048 against Bitcoin, rising to roughly 0.087 during the 2021 crypto bull market.　　Using his projected Bitcoin fair value of $250,000, Lee said Ethereum could eventually rise toward $22,000 if previous valuation patterns return.　　He also pointed to Ethereums long consolidation period, saying the cryptocurrency has spent nearly five years trading within a broad range

05-08Ethereum

What to Expect from Bitcoin, ETH, XRP, Solana Options Expiry and US Nonfarm Payrolls Today?

Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) are falling as the U.S. Navy and Iran trade attacks, while President Trump confirms the ceasefire remains in effect. Traders are bracing for volatility as crypto options expiry coincides with the US Nonfarm payrolls and unemployment rate data release today.　　Almost $2 Billion in Bitcoin and ETH Options to Expire　　Almost 20K Bitcoin options with a notional value of $1.59 billion are set to expire on the largest derivatives crypto exchange Deribit on May 8. The put-call ratio is 0.73, indicating a bullish sentiment despite BTC price dropping more than 4% to $79K this week, especially after US initial jobless claims rose to 200K.　　In the last 24 hours, call volume is still higher than put volume. The put-call ratio is 0.66, indicating traders are bullish. Deribit data shows high volume options trading for the September 25 expiry, targeting $130,000 and $110,000 strikes prices.　　Moreover, the max pain price is at $79,500, lower than the current market price of $79,676. However, traders expect Bitcoin to reclaim $80,000 in the coming days.　　GreeksLive revealed that Bitcoin‘s short-term implied volatility (IV) saw a slight increase, but primary short-term IV stays around 35%. “Skew remains relatively stable with a very

05-08Ethereum

Ethereum’s most notorious sandwich bot targets Vitalik Buterin’s swap

Vitalik Buterin was targeted by a sandwich attack on April 30 after swapping a small amount of DigitalBits for Ether. Vitalik Buterin‘s small XDB swap was sandwiched by JaredfromSubway, Ethereum’s notorious MEV trading bot.The bot used about $1.14 million in WETH but likely lost money after gas.The incident renewed attention on encrypted mempools as Ethereum developers seek stronger protection against MEV.　　CoinDesk reported that the Ethereum co-founder exchanged about $3.86 in XDB for about $4.56 in ETH.　　The trade was front-run and back-run by the jaredfromsubway.eth bot in Ethereum block 24993038. The bot reportedly used about $1.14 million in wrapped Ether across SushiSwap and Uniswap V2 to move the XDB price around Buterins swap.　　JaredfromSubway returns to focus　　A sandwich attack happens when a bot sees a pending trade, places an order before it, lets the user trade at a worse price, then sells after it. This type of MEV directly extracts value from regular users by giving them poorer execution.　　In this case, the loss for Buterin was likely only a few cents. CoinDesk reported that the bot may have lost money after paying about $5.14 in gas fees. The case still showed how automated MEV systems scan even very small trades.　　JaredfromSubway is not

05-08Ethereum

...

600602

...

1000