Latest Crypto News & Market Updates

US unemployment steady, Fed rate cut unlikely by June 2026

## Market Snapshot Fed rate cut by June 2026 meeting？ — currently 3.3% YES, reflecting a slight increase from 3% over the past 24 hours. Fed rate cut by September 2026 meeting？ — currently 34.2% YES, indicating a significant increase from 23% a day earlier.　　## Key Takeaways – The steady unemployment rate at 4.3% and robust job gains suggest a strong US economy, which appears to reduce the probability of a near-term Fed rate cut. – Market pricing suggests participants view the likelihood of a rate cut by June 2026 as low, with the odds currently at 3.3% YES. – The possibility of a rate cut by September 2026 shows increased support, with market odds moving from 23% to 34.2% YES in the past day.　　## Article Body The US unemployment rate remained at 4.3% in April, marking the lowest level since last August and remaining well below the historical average of 5.7%. According to the latest report, the economy added 115,000 jobs, significantly surpassing the expected 63,000. However, February and March figures were revised down by 16,000. Year-over-year wage growth stood at 3.6%, indicating a strong labor market. Given these economic indicators, analysts suggest that a Federal Reserve rate cut

05-08Industry

Kaito AI (KAITO) Airdrop Farming Guide 2026: How to Position for the Next Drop

What Is Kaito AI？　　Kaito is an AI-powered crypto intelligence platform founded in 2022 by ex-Citadel hedge fund manager Yu Hu. The core product is a Web3 meta-search engine that indexes thousands of sources at once: social media, governance forums, Discord servers, podcasts, research reports. It turns that raw noise into structured, searchable signals. Think of it as Perplexity for crypto, with a heavier focus on real-time social sentiment rather than static knowledge. The platform serves both retail users and institutional clients who subscribe to Kaito Pro, its premium search suite.　　What separated Kaito from other analytics tools was the “InfoFi” layer it built on top: the Yaps points program, which rewarded users with crypto-native reputation points for posting quality content on X (formerly Twitter). Kaito backed this with real funding. Its Series A round in June 2023 valued the company at $87.5 million, with backers including Dragonfly Capital, Sequoia Capital, Spartan Group, and Jane Street Capital. That roster matters. These firms rarely write checks into projects without a clear monetization path.　　Why We Expect More Airdrops　　The first $KAITO airdrop launched on February 20, 2025, distributing 10% of the 1 billion total token supplyto the early Yapper community, Genesis NFT holders, and ecosystem

05-08Exchange

Why is Venice Token rallying and how high can it climb？

Venice Token ($VVV) has emerged as one of the strongest performers in the crypto market today, posting a 10.2% gain in the past 24 hours to trade at $13.56 while Bitcoin fell 1.92% during the same period.　　Notably, $VVV has climbed nearly 49.5% over the past week and 91% in the last 30 days.　　Venice Token price chart　　While $VVV remains 39% below its all-time high of $22.58 reached in January 2025, it has staged an extraordinary recovery from its December 2025 low of $0.9197, marking a gain of more than 1,385% from those bottom levels.　　Why is Venice Token ($VVV) price rising　　One of the clearest catalysts behind Venice Token‘s latest rally is Venice’s expanding role in the artificial intelligence sector.　　Venice recently secured a strategic partnership with StrikeRobot, which selected Venice as its primary AI backend infrastructure.　　That announcement strengthened $VVVs position as more than just another speculative crypto asset, reinforcing its identity as a token tied to decentralised AI services and infrastructure.　　Following confirmation of the StrikeRobot partnership, $VVV surged roughly 11%, with traders interpreting the move as validation of Venices utility within the growing AI-agent economy.　　Venice has also gained recognition as one of the top AI-focused projects operating on Base, Coinbases layer-2 blockchain ecosystem.　　This

05-08Exchange

Centrifuge up 17% after Coinbase partnership: Will CFG break past $0.30？

Centrifuge [$CFG] has gained more than 17% in the past 24 hours, amplifying its multi-week uptrend. The gains over the past seven days have reached 39% with momentum still looking strong.　　As tokenization gains pace, Centrifuge is positioning itself to be a leader in the real-world asset (RWA) sector, especially after Coinbases investment.　　Coinbase tokenizing on Base Chain through Centrifuge　　Centrifuge launched 24/7 trading of the S&P 500 on Base Chain for non-U.S. users. The announcement was made at Consensus 2026 by Base creator Jesse Pollak.　　This news came after Coinbase invested in the Layer 1 blockchain that specializes in bringing traditional finance on-chain. Centrifuge became Coinbases official tokenization infrastructure partner.　　The tokenized S&P 500 in Base will trade under the ticker deSPXA. The product was made available in partnership with S&P Dow Jones Indices, managed by Janus Henderson.　　The tokenized asset market cap is around $30 billion. However, the CEO of Centrifuge, Bhaji Illuminati, believed it would take more than sales to push the TVL of $CFG from $1.5 billion to $10 billion, but it was gradually becoming a possibility.　　With regard to this partnership, Bhaji said,　　What matters now isn‘t getting assets onchain, it’s getting the right assets onchain in the right way,　　A look into Centrifuges

05-08Exchange

Ethereum Price Prediction: ETH Tests Key $3K Breakout Setup

Ethereum is holding near a key technical zone as two trader charts point to a possible breakout setup. The charts show ETH testing resistance, retesting an old downtrend line, and building patterns that could decide its next move.　　Ethereum Price Eyes $3,000 as ETH Chart Forms Three Cup and Handle Setups　　Ethereum traded near $2,282 on the daily ETH/USD chart on Coinbase, while a chart shared by Sky on X showed three possible cup and handle patterns forming below key resistance.　　The chart places Ethereum under the $2,389 resistance level. That zone has capped several upside attempts since March, making it the main breakout level for ETH price.　　Sky said some traders think ETH is “doing nothing,” but the chart shows three cup and handle setups building across recent price action. The post said these patterns could support a move toward the $3,000 area if Ethereum breaks higher.　　Ethereum Chart. Source:　　The first rounded base formed after Ethereum fell sharply in February and found support near the $1,800 area. ETH then recovered toward $2,389 but failed to clear the resistance zone.　　After that, Ethereum pulled back near the $1,950 to $2,000 range and formed another rounded structure. Buyers later pushed the price back toward the same resistance

05-08Industry

BlackRock Backs GENIUS Act Stablecoin Framework, Pushes 7 Recommendations

BlackRock has filed a comment letter with the U.S. Office of the Comptroller of the Currency, backing the agencys proposed regulatory framework for payment stablecoin issuers under the GENIUS Act.　　The worlds largest asset manager submitted seven recommendations, urging the OCC to permit broader reserve eligibility and adopt flexible compliance rules. BlackRock said the GENIUS Act framework can support real-time settlement and stronger payment system standards.　　BlackRock Backs Principles-Based Framework　　The OCC proposal, published on March 2, sets requirements for permitted payment stablecoin issuers (PPSIs) under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. It addresses reserve assets, diversification, concentration, capital, and supervisory standards.　　BlackRock said it prefers the agencys “Option A,” which pairs a principles-based approach with an optional quantitative safe harbor. That harbor carries 10% daily and 30% weekly liquidity thresholds, a 40% concentration limit, and a 20-day weighted average maturity cap.　　With the right regulatory framework in place, stablecoins can improve the payments system and drive new forms of financial utility, including real-time settlement. Our comment letter to the @USOCC offers key recommendations we believe will make the most of what the GENIUS Act can… pic.twitter.com/sNreD3iZXn　　— BlackRock (@BlackRock) May 7, 2026　　The firm wants same-day settling government money market funds

05-08Industry

Bitcoin Price Prediction: Tom Lee Says One Monthly Close Ends the Bear Market for Good

BTC spot ETFs logged $277.50M in outflows May 7, snapping five straight days of inflowsOpen interest down 3.70% to $59.36B as volume drops 12.98%, pointing to position exitsPrice reclaimed the 20 EMA at $77,895 but still trades below the 200 EMA at $82,038　　Bitcoin trades at $79,642 on May 9, holding above the 20 EMA after a multi-month recovery but facing its first ETF outflow day in nearly a week, with Fundstrat‘s Tom Lee drawing a clear line in the sand at $76,000 for May’s monthly close.　　What the Daily Chart Says About $80,000　　The daily chart shows BTC has broken above a descending trendline that had capped price since the October 2025 peak near $126,000. The 20 EMA at $77,895 and 50 EMA at $75,327 are now both below price, a positive shift after months of acting as resistance. The Parabolic SAR at $76,718 has flipped bullish, sitting below current price for the first time since the recovery began.　　The 200 EMA at $82,038 is the wall. Price tagged $80,136 intraday on May 8 and pulled back, leaving a visible rejection. Until BTC closes a daily candle above $82,038, the broader EMA structure remains bearish on the macro timeframe.　　Key levels:Resistance: $82,038 (200 EMA),

05-08Industry

Gold: PBoC buying underpins central bank demand – Commerzbank

Finance　　Gold: PBoC buying underpins central bank demand – Commerzbank　　Commerzbank‘s Barbara Lambrecht reports that China’s central bank (PBoC) used a temporary Gold price dip in April to extend its buying streak to 18 months, with the largest addition since December 2024. Central banks and public institutions bought nearly 245 tons in Q1, slightly above the five‑year average, with Poland and Uzbekistan leading purchases.　　Persistent official sector accumulation trend　　“Chinas central bank took advantage of the temporary dip in gold prices and increased its reserves in April for the 18th consecutive month. At 8.1 tons, these were the largest purchases since December 2024.”　　“Central bank purchases have been among the key drivers of gold demand for over four years. Despite the significant rise in prices, purchases by central banks and other public institutions in the first quarter totaled nearly 245 tons, according to the WGC, which was 3% higher than the previous year and even slightly above the five-year average.”　　“The Polish and Uzbek central banks were the biggest buyers (31 tons and 25 tons, respectively); only 7 tons were attributable to Chinas central bank during this period. That figure is likely to rise this quarter.”

05-08Industry

U.S. Jobs Report Comes In Stronger Than Expected Despite U.S.-Iran War

Tech　　U.S. Jobs Report Comes In Stronger Than Expected Despite U.S.-Iran War　　The U.S. jobs report has come in stronger than expectations, signaling that the labor market remains strong despite the pressures from the U.S.-Iran war. Bitcoin slightly slipped on the back of the data release, which makes a case for the Fed to hold rates steady for now.　　U.S. Jobs Report Comes In Strong With NFP Beating Estimates　　Bureau of Labor Statistics data shows that nonfarm payrolls rose by 115,000, beating estimates of 65,000. This marks the second consecutive month in which the U.S. has added over 100,000 jobs, with March nonfarm payrolls increasing by 178,000.　　Meanwhile, the unemployment rate remained unchanged at 4.3% in April, in line with expectations. This comes despite the inflationary pressures from the U.S.-Iran war, with the U.S. jobs report signaling that the labor market remains healthy.　　Bitcoin slipped from a high of around $80,200 following the release of the U.S. jobs report. The BTC price is currently trading at around $80,000, down almost 2% on the day, according to TradingView data.　　Source: TradingView; Bitcoin daily chart　　The report is typically bearish for Bitcoin and the broader crypto market as it strengthens the case for the Fed to keep holding rates steady,

05-08Industry

MSTR Stock Forecast: BTC Buys in 2026 To Hit $30 Billion by December

Bitcoin　　MSTR Stock Forecast: BTC Buys in 2026 To Hit $30 Billion by December　　Michael Saylors Strategy may purchase about $30 billion worth of Bitcoin in 2026 if it continues buying at its current pace, according to analysts at JPMorgan.　　The company, formerly known as MicroStrategy, has added 145,834 BTC so far this year, valued at roughly $11 billion. JPMorgan analysts led by Nikolaos Panigirtzoglou said the pace of accumulation has increased in recent months, especially during April, when Strategy appeared to step up purchases as Bitcoin traded near or below its estimated average acquisition cost.　　Strategy the largest publicly traded corporate holder of Bitcoin. The company now holds 818,334 BTC, worth more than $65 billion based on recent market prices. Its Bitcoin reserve remains the center of its corporate strategy and financing model.　　Bitcoin Purchases Accelerate in 2026　　JPMorgan analysts said Strategy‘s year-to-date Bitcoin buying rate points to an annualized total of around $30 billion by December. That would exceed the company’s Bitcoin purchases in 2024 and 2025, when it bought about $22 billion worth of BTC in each year.　　The analysts said Strategy has become more opportunistic in 2026, adjusting its purchases based on market prices and capital availability. The firm has used multiple financing

05-08Industry

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