Latest Crypto News & Market Updates

China thrives amid Trump trade war uncertainties at yuan reaches strongest since 2023

Beijing‘s central bank moved the yuan to its most powerful position against the American dollar in more than three years, marking another step in the country’s effort to grow its currencys global role while doubts about dollar holdings continue among investors.　　The People‘s Bank of China put the yuan’s daily reference point at 6.8487 per dollar on Thursday. This represents the best rate the Chinese currency has seen since April 2023. Just one day before, the rate had been set at 6.8562.　　Market watchers believe the yuan will keep getting stronger in coming months. Some think it could climb as far as 6.65 against the dollar before this year ends. But this rise might cause problems for Chinas huge export business.　　The yuan‘s climb comes as investors have mixed feelings about holding dollars. The American currency has faced strain lately because of worries about unclear policies in Washington, questions about Federal Reserve independence, and concerns about America’s money troubles over the long run.　　The dollar index measured 97.97 on Wednesday. Thats a big drop from where it started the year at 119.61.　　Humanoid robotics push set to extend Chinas manufacturing dominance　　Meanwhile, new research from Morgan Stanley suggests Chinas early advantage in humanoid robots will help

05-07Industry

Crypto traders face 22% tax as South Korea locks 2027 timeline

South Korea plans to start taxing virtual asset income on Jan. 1, 2027, according to a new public statement from the Ministry of Economy and Finance.South Korea plans to tax virtual asset gains above 2.5 million won from January 2027.The National Tax Service is preparing detailed guidance with Upbit, Bithumb, Coinone, Korbit, and Gopax.Political debate continues, but the Finance Ministry says crypto taxation will proceed as currently scheduled.　　Moon Kyung-ho, director of the ministry‘s income tax division, said at a National Assembly forum that the government would proceed with virtual asset taxation as scheduled. Local reports said this was the ministry’s first clear public stance on the launch date.　　Under the current Income Tax Act, income from virtual asset transfers or lending will be treated as other income. Annual gains above 2.5 million won will face a combined 22% tax rate.　　That includes 20% income tax and 2% local income tax. The rule will apply from income generated after Jan. 1, 2027.　　National Tax Service prepares guidance　　The National Tax Service is preparing detailed guidance for the new system. Moon said the guidance would be disclosed within 2026, after practical talks with major local exchanges.　　The tax agency is coordinating with Upbit operator Dunamu, Bithumb, Coinone,

05-07Industry

US Strategic Bitcoin Reserve Announcement Coming Within Weeks

Bitcoin　　US Strategic Bitcoin Reserve Announcement Coming Within WeeksWhite House confirms the Strategic Bitcoin Reserve announcement is coming within weeks.Federal agencies had crypto stored in desk drawers. A full audit is now underway.A $46 million US Marshals hack proved why proper Bitcoin custody is urgently needed.　　The Trump administration is preparing to go public with new details on the US Strategic Bitcoin Reserve within the coming weeks. Patrick Witt, executive director of the Presidents Council of Advisors for Digital Assets, made the announcement at the Consensus Miami conference on Wednesday.　　“Weve made a lot of progress in the background. We will make an announcement in the coming weeks laying out where we are going,” Witt said.　　What Has Been Happening Behind the Scenes　　Since President Trump signed the executive order establishing the reserve, federal agencies have been auditing, centralizing, and securing the digital assets they hold. Witt described the process as getting the governments house in order before making anything public.　　Witt said investigators found cold wallets being stored in desk drawers across various federal agencies. The administration halted what he described as fire sale liquidations of seized crypto assets that had been standard practice under the previous administration and began a full inventory of holdings

05-07Industry

CRV Price Prediction: $0.30 Breakout Imminent as Whales Load Up

Market Context: Why CRV is Moving Now　　CRV has surged 2.75% to $0.25, breaking free from weeks of sideways action that trapped most traders in no-man‘s land. The token’s emergence comes as DeFi protocols reclaim institutional attention, with Curves dominant position in stable swaps attracting serious capital flows documented by Blockchain.news analysis of recent market shifts.　　Binance volume hitting nearly $3 million signals institutional accumulation rather than retail speculation. This breakout above $0.25 marks CRVs first meaningful technical victory in months, clearing the path toward $0.30-0.32 where previous selling pressure exhausted itself during earlier rallies.　　Technical Picture Aligns　　The indicators are telling a cohesive story that contradicts CRVs recent underperformance. RSI sits at 62.27, providing ample runway before overbought conditions kick in, while MACD momentum is building steadily without showing any bearish divergence patterns that typically derail breakout attempts.　　CRVs position above its short-term moving averages confirms the trend shift, though it remains 24% below the 200-day average at $0.33. This gap represents a massive technical vacuum that price tends to fill during sustained rallies. The clean break above $0.25 removes the primary obstacle between current levels and the next resistance cluster.　　Smart Money Positioning　　Whale positioning reveals the clearest bullish signal in months. Top traders maintain

05-07Industry

Top Altcoins With High Growth Signals—Little Pepe ($LILPEPE) Enters Investor Watchlists

Finance　　Top Altcoins With High Growth Signals—Little Pepe ($LILPEPE) Enters Investor Watchlists　　As the crypto market continues to mature, investors are shifting their attention to altcoins that demonstrate growth potential through adoption, usefulness, and market momentum. Although big players in the market continue to give the much-needed stability, most of the significant gains during bullish times come from mid- and early-cap altcoins. Recent patterns are seeing more capital being allocated to altcoins that have real-life use and high community participation. These two aspects make for a perfect story for many altcoins as the capital starts flowing towards them.　　Chainlink ($LINK)　　The Chainlink project has remained one of the most important projects for blockchain infrastructure. It is currently at $9.26 with slight increase in its price in the last 24 hours. Chainlink is responsible for the oracle network that facilitates smart contracts‘ connectivity with outside data, hence, making it indispensable for Defi applications, gaming, and even enterprise applications. As Chainlink’s application on the Web3 space increases, its value grows.　　TRON ($TRX)　　TRON is still one of the highly active blockchains, especially in terms of stablecoin and DApp transactions. The networks popularity is attributed to its fast processing speed and low transaction fees. It is currently trading at

05-07Industry

CZK: CNB stance supports yields – Societe Generale

Finance　　CZK: CNB stance supports yields – Societe Generale　　Societe Generale analysts highlight that the Czech National Bank (CNB) is expected to keep its policy rate at 3.50% despite a rise in headline inflation to 2.5% year-on-year in April. Governor Michl has emphasized maintaining positive real rates to support savings. Money markets fully price two CNB hikes over six months, likely keeping 2-year yields elevated.　　CNB hikes priced as inflation edges higher　　“Elsewhere in CEEMEA [Central & Eastern Europe, Middle East and Africa], the Czech national bank is largely expected to leave its policy rate unchanged at 3.50% today shrugging off acceleration in headline inflation figure to a six-month high reading of 2.5% yoy in April.”　　“Governor Michl earlier this week stressed on the need to keep the real rates positive to encourage savings.”　　“The money markets are fully pricing two CNB rate hikes in the next six months (in line with the ECB).”　　“Hawkish CNB hints today should keep the front-end 2y local bond yields elevated.”

05-07Industry

$BTC Whales Lead Long Positions on Hyperliquid as Bitcoin Briefly Hits $82K

The leading cryptocurrency, Bitcoin ($BTC), has recently seen a notable spike in whale activity on Hyperliquid. Bitcoin ($BTC) whales are now aggressively opening long positions on Hyperliquid. As per the data from CoinMarketCap, this development takes place following Bitcoins brief surge to $82,000. Hence, this landmark highlights renewed confidence among the big crypto holders who look for wider exposure to $BTC.　　LATEST: ???? Bitcoin whales on Hyperliquid pushed net long positions to a 2026 high as BTC briefly passed $82K, its highest level in over three months, per Glassnode. pic.twitter.com/81u5Ac10Ps　　— CoinMarketCap (@CoinMarketCap) May 7, 2026　　Bitcoins Brief Move Above $82K Sparks Whale Longs on Hyperliquid　　Based on the on-chain data, Bitcoin ($BTC) is leaning more toward the bulls in the ongoing bull vs bear competition as whales are betting on long positions on Hyperliquid. Particularly, Bitcoins recent spike above the $82K spot significantly contributed to this rally. This move could shape the trajectory of the flagship crypto asset over the next few weeks, while institutional engagement keeps growing.　　While keeping in view this bullish sentiment surrounding Bitcoin ($BTC), the market onlookers consider this development to be an indication of the wider sentiment. So, some of them predict that the jump above the $82K mark,

05-07Industry

Peloton (PTON) earnings Q3 2026

Finance　　Peloton (PTON) earnings Q3 2026　　The Peloton Tread+ and Bike+ during a media preview at Peloton headquarters in New York, US, on Tuesday, Sept. 30, 2025.　　Gabby Jones | Bloomberg | Getty Images　　posted fiscal third-quarter earnings results Thursday that beat Wall Street expectations on revenue but fell slightly short on earnings per share.　　The company touted better-than-expected equipment sales and subscription revenue as helping to drive its sales and profitability, with free cash flow up nearly 60%.　　“The first order of business in earnings is reporting how you did financially, and we feel like that was a pretty good quarter in terms of where we are strategically,” CEO Peter Stern told CNBC.　　Heres how the company performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 6 cents vs. 7 cents expectedRevenue: $630.9 million vs. $617.6 million expected　　The companys net income for the quarter was $26.4 million, or 6 cents per share, up from a loss of $47.7 million, or 12 cents per share, in the year-ago period. Sales came in at $630.9 million, up roughly 1% from $624 million a year earlier.　　For the full fiscal year, Peloton said it projects

05-07Industry

Can Solana price break $100 as bullish MACD crossover approaches?

Currently, Solana is trading around the $89 region, slightly above its 20-day, 50-day, and 100-day simple moving averages, which are beginning to converge near the $85–$87 range. Such compression in moving averages often precedes a stronger directional move once price breaks decisively out of consolidation.　　Importantly, momentum indicators are beginning to improve. The MACD lines are approaching a bullish crossover, which could signal strengthening buying momentum if confirmed in the coming sessions. Meanwhile, the Aroon Up indicator has surged toward 100 while the Aroon Down has weakened, suggesting buyers are gradually regaining short-term trend control.　　However, the broader structure still remains cautious as Solana continues to trade well below its downward-sloping 200-day SMA near the $115 region, indicating that the higher timeframe trend has not fully turned bullish yet.　　On the upside, a decisive daily close above the $90 resistance zone could open the door toward the next major resistance area around $97, followed by the key psychological $100 level. A successful breakout above that region would likely strengthen bullish sentiment further.　　On the downside, failure to hold above the clustered moving averages near $85 could push Solana back toward the $80 support zone, where buyers have previously stepped in aggressively.

05-07Industry

Ripple, Ondo Test XRP Ledger Settlement With JPMorgan Bank Rails

Kinexys by J.P. Morgan handled the settlement leg. It delivered U.S. dollars to Ripple‘s bank account in Singapore through the bank’s correspondent network. The structure kept the tokenized asset leg onchain while the dollar leg moved through regulated banking infrastructure.　　That design shows why banks view tokenization as a practical bridge, not a full replacement. A fund token can be moved across a public network at any time. The cash settlement still requires bank accounts, compliance controls, and payment instructions.　　XRP Ledger Brings Tokenized Treasuries Near Bank Money　　Ondo said the pilot marked the first time tokenized U.S. Treasuries were settled across borders and banks in near real time. It places XRP Ledger inside an institutional route involving large financial brands.　　The timing also aligns with Wall Streets broader tokenization push. J.P. Morgan, BlackRock, BNY, Franklin Templeton, and other firms keep testing tokenized funds and blockchain settlement. U.S. Treasuries are also important, as they underpin global cash management, liquidity, and collateral markets.　　For institutions, tokenized treasuries can provide greater than crypto exposure. They can facilitate quicker subscription, redemption, intraday liquidity, and clean records. However, large investors still need banking links before they can use these products at scale.　　That is where this pilot matters. Mastercard routed

05-07Industry

...

674676

...

1000