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  • Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight
    by Oluwapelumi Adejumo on May 8, 2026 at 5:05 pm

    The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto journalist Eleanor Terrett reported that the draft text The post Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics […]

  • Ethereum loses 10% of its DeFi market share as rival chains close in
    by Gino Matos on May 8, 2026 at 3:35 pm

    Ethereum’s share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest level recorded since May 2025. DefiLlama puts Ethereum’s current TVL at $45.4 billion, while the chains absorbing share have each staked out a distinct function, such The post Ethereum loses 10% of its DeFi market share as rival chains close in appeared first on CryptoSlate.

  • Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids
    by Gino Matos on May 8, 2026 at 1:50 pm

    At Consensus 2026, Cardano’s Charles Hoskinson said that “users should probably never have their private keys,” adding that “something should have the private keys for the users.” He argued that the secure chips already embedded in iPhones, Android phones, and Samsung devices outperform those in Ledger and Trezor devices, and that most crypto users already The post Cardano’s Charles Hoskinson says the future of crypto wallets will be […]

  • Bitcoin faces new tariff risk as EU races to finalize US trade deal this month
    by Gino Matos on May 8, 2026 at 12:10 pm

    The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel Institute The post Bitcoin faces new tariff risk as EU races to finalize US trade deal this month appeared first on CryptoSlate.

  • Coinbase went down for over 5 hours after missing earnings. Bulls still see a path to $300 billion by 2030
    by Oluwapelumi Adejumo on May 8, 2026 at 10:35 am

    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 company’s two The post Coinbase went down for over 5 hours after missing earnings. Bulls still see a […]

  • Bitcoin miners using AI as a bear market escape plan just got a new rival in Elon Musk
    by Oluwapelumi Adejumo on May 8, 2026 at 9:14 am

    Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI infrastructure companies. Anthropic said it reached a deal to use the full computing power of SpaceX’s Colossus 1 facility in Memphis, Tennessee, giving the The post Bitcoin miners using AI as a bear market escape plan just got a new rival […]

  • XRP can still break its all-time high and climb 170% this year
    by Liam ‘Akiba’ Wright on May 7, 2026 at 7:00 pm

    XRP has moved from a deleveraging panic to a fragile base-building phase, and the question of when the next all-time high will return hinges on catalysts that have yet to show up in price. The asset trades around $1.42 on CryptoSlate’s live XRP page today, May 7, with a market value near $87.5 billion, roughly The post XRP can still break its all-time high and climb 170% this year appeared first on CryptoSlate.

  • Why the current AI mania is not a bubble – and that’s great for Bitcoin
    by Liam ‘Akiba’ Wright on May 7, 2026 at 3:45 pm

    Bitcoin’s macro setup is increasingly tied to the same forces driving the S&P 500 to new highs: liquidity, concentration, rate expectations, and investor tolerance for stretched valuations. The current S&P 500 structure shows an index still moving in a powerful long-term uptrend, with price near 7,365 on the weekly chart, while valuation indicators sit in The post Why the current AI mania is not a bubble – and that’s great for […]

  • Bitcoin price recovery faces pandemic-style fear as Hantavirus scare gets amplified
    by Oluwapelumi Adejumo on May 7, 2026 at 2:05 pm

    Bitcoin’s return above $80,000 has brought back a question traders have not had to confront at scale since 2020: how does the world’s largest digital asset behave when a health scare, rather than rates, regulation, or crypto-native leverage, becomes the market’s dominant risk headline? The immediate trigger is a hantavirus outbreak aboard the MV Hondius, The post Bitcoin price recovery faces pandemic-style fear as Hantavirus scare gets […]

  • Zcash just exploded 40% – and the privacy coin rally is no longer just a crypto-native trade
    by Oluwapelumi Adejumo on May 7, 2026 at 12:15 pm

    Zcash is rapidly shedding its historical reputation as a niche tool for digital anonymity, transforming instead into a high-stakes institutional hedge against global financial surveillance. According to CryptoSlate’s data, the privacy-centric cryptocurrency rocketed roughly 40% in a single trading session on Wednesday, briefly eclipsing the $600 mark to hit a local peak of $603 before The post Zcash just exploded 40% – and the privacy coin […]

  • Minnesota Democrats Unanimously Vote To Protect Rep. Ilhan Omar… And Dead Voters
    by Tyler Durden on May 8, 2026 at 7:10 pm

    Minnesota Democrats Unanimously Vote To Protect Rep. Ilhan Omar… And Dead Voters Authored by Eric Utter via AmericanThinker.com, Minnesota Senate Democrats recently voted – unaminously – against removing deceased persons from the state’s voter rolls. This tracks with the fact that almost 100% of dead people vote for Democrats, making them Democrats’ most loyal voting bloc, even surpassing that of serial killers. (This […]

  • Another Wall Street Giant Is Plotting Its Escape From Mamdani’s New York City: Report
    by Tyler Durden on May 8, 2026 at 6:55 pm

    Another Wall Street Giant Is Plotting Its Escape From Mamdani’s New York City: Report It looks like Citadel isn’t the only Wall Street giant looking for the exits as New York City Mayor Zohran Mamdani (D) continues his commie Robinhood thing on the city’s richest. Fox Business Network’s Charles Gasparino reported Wednesday that the Manhattan-headquartered private equity giant Apollo is preparing to establish what insiders […]

  • Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months
    by Tyler Durden on May 8, 2026 at 6:40 pm

    Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months Taiwan Semiconductor, world’s largest dedicated independent semiconductor foundry, posted its slowest pace of monthly revenue expansion since October, highlighting the challenges of sustaining torrid AI-fueled pace of growth. Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days […]

  • Chapter 11 Bankruptcy Filings Increase 42%
    by Tyler Durden on May 8, 2026 at 6:20 pm

    Chapter 11 Bankruptcy Filings Increase 42% Authored by Naveen Athrappully via The Epoch Times, There were 644 commercial Chapter 11 bankruptcy filings in April 2026, a 42 percent yearly increase, according to a May 6 statement from the American Bankruptcy Institute (ABI). A Chapter 11 bankruptcy seeks to reorganize a company’s debts, with the aim of keeping the business operational and, eventually, becoming solvent. This is the […]

  • Maryland Blames Data Centers For $1.6 Billion Power Bill Shock, Omits Green Energy Mess
    by Tyler Durden on May 8, 2026 at 6:00 pm

    Maryland Blames Data Centers For $1.6 Billion Power Bill Shock, Omits Green Energy Mess Maryland’s Office of People’s Counsel released a new report warning that homeowners in the state could face $1.6 billion in additional power bill costs over the next decade to subsidize transmission line upgrades, largely due to data center demand outside Maryland, more specifically from data centers in Northern Virginia. OPC filed a complaint […]

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  • Ancient Settlement Older Than The Pyramids Discovered; Rewrites North American History
    by Tyler Durden on May 8, 2026 at 5:45 pm

    Ancient Settlement Older Than The Pyramids Discovered; Rewrites North American History Authored by Steve Watson via modernity.news, An ancient Indigenous settlement unearthed near Sturgeon Lake in Saskatchewan is challenging long-held views about early human presence in North America. Dating to around 11,000 years ago and predating Egypt’s Great Pyramid by more than 6,000 years, according to the official timeline, the site […]

  • Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure
    by Tyler Durden on May 8, 2026 at 5:26 pm

    Intel Jumps To Record High On Deal To Make Chips For Apple, Following White House Pressure Already looking like something right out of the dot com bubble, Intel stock soared even more moments ago, surging almost 20% and hitting a new all time high over $130 (it was trading at $80 a few days ago), after the WSJ reported that the White House-backed chipmaker has reached a preliminary agreement to manufacture some of the chips that […]

  • Vaccine Trade Returns? Moderna Working On Hantavirus Shot Sends Shares Higher
    by Tyler Durden on May 8, 2026 at 5:05 pm

    Vaccine Trade Returns? Moderna Working On Hantavirus Shot Sends Shares Higher Moderna is out with timely news that it is working on early-stage research on vaccines targeting hantaviruses. The news comes as a Spanish woman has been hospitalized for a suspected infection, while a hantavirus cluster has ravaged a Dutch-flagged cruise ship, with five confirmed and three suspected cases of hantavirus. Three deaths have been reported so […]

  • OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal
    by Tyler Durden on May 8, 2026 at 4:50 pm

    OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company. Australian billionaire James Packer, […]

  • Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
    by Tyler Durden on May 8, 2026 at 4:22 pm

    Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job On the surface today’s jobs report was very strong: headline payrolls came in nearly double the expected (115K vs 65K), with unemployment flat just so Trump’s chief economist Kevin Hassett could push bullish taking points in today’s TV circuit such as this one. *HASSETT: ‘RIP-ROARING’ JOBS MARKET Unfortunately, below the surface this was the […]

  • “Damage Done Already” – Oil May Take Year To Normalize: Adam Parker
    by Tyler Durden on May 8, 2026 at 4:20 pm

    “Damage Done Already” – Oil May Take Year To Normalize: Adam Parker Last night’s ZeroHedge debate featured the cautiously bullish Adam Parker, former Morgan Stanley chief equity strategist who now runs Trivariate, and bearish money manager Michael Pento, hosted by Adam Taggart of Thoughtful Money. While Parker is largely optimistic about equities, he put forth a gloomy prediction on gas prices, based on what he is hearing as a […]

  • DOJ Reaches Settlement With Data Firm Over Meat Industry Competition Concerns
    by Tyler Durden on May 8, 2026 at 4:00 pm

    DOJ Reaches Settlement With Data Firm Over Meat Industry Competition Concerns Authored by Kimberley Hayek via The Epoch Times, The Department of Justice (DOJ) reached a proposed settlement with Agri Stats Inc., requiring the data and consulting company to stop distributing competitively sensitive information among the nation’s major meat processors, officials announced on May 7. The agreement, which was filed in federal court […]

  • CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer
    by Tyler Durden on May 8, 2026 at 3:40 pm

    CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer Belying the Trump administration’s claims that a US blockade on Iran’s use of the Strait of Hormuz has the country on the ropes and its oil infrastructure in near-term peril, a confidential CIA analysis says Iran can persevere another three or four months, if not longer. In a second stark contradiction of White House narratives, US intelligence assesses that the […]

  • Cost Of California’s High-Speed Rail Goes Up Again
    by Tyler Durden on May 8, 2026 at 3:20 pm

    Cost Of California’s High-Speed Rail Goes Up Again Authored by Kerry Johnson via  Pacific Research Institute for Public Policy, It was supposed to cost $33 billion when voters approved the train in 2008. It will now cost at least $126 billion. It was also supposed to be carrying 65.5 million to 96.5 million intercity riders a year by 2030. Yet now 2040 is the date for “full service to start.” Skeptics don’t believe […]

  • Nvidia Bets $2.1 Billion On IREN To Expand AI Infrastructure
    by Tyler Durden on May 8, 2026 at 3:00 pm

    Nvidia Bets $2.1 Billion On IREN To Expand AI Infrastructure Nvidia is expanding beyond chip sales and putting more capital directly into the infrastructure needed to power AI. The company said it could invest up to $2.1 billion in IREN through a deal that gives Nvidia the right to buy as many as 30 million shares at $70 each over the next five years, according to Bloomberg.  The agreement is designed to accelerate the buildout of […]

  • Virginia Supreme Court Blocks Democrats’ Voter-Approved Congressional Map As Midterms Approach
    by Tyler Durden on May 8, 2026 at 2:42 pm

    Virginia Supreme Court Blocks Democrats’ Voter-Approved Congressional Map As Midterms Approach The Supreme Court of Virginia has denied a request from Democrats and state officials to lift a lower-court order blocking certification of the April 21 redistricting referendum, leaving a voter-approved congressional map that could flip four Republican U.S. House seats in legal limbo just months before the 2026 midterm elections. […]

  • ‘Sporadic Clashes’ Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade
    by Tyler Durden on May 8, 2026 at 2:40 pm

    ‘Sporadic Clashes’ Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade Summary Sporadic clashes between Iranian Armed Forces and US vessels in the Strait of Hormuz, few details given. Two more empty Iranian-flagged tankers come under US aerial attack for attempting to breach blockade. Iran says US violated ceasefire after last night’s US action, which resulted in Iranian […]

  • Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored
    by Tyler Durden on May 8, 2026 at 2:20 pm

    Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA. A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a drone crashed near the defunct nuclear plant a day […]

  • American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
    by Tyler Durden on May 8, 2026 at 2:10 pm

    American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich With the “mini war” still ongoing (albeit with a ‘ceasefire’ in place), expectations were for a continued slide (already at record lows) in the American consumer’s sentiment in preliminary UMich data for May released today. And while the expectations were correct in direction, once again they underestimated just how bad things are as the […]

  • Trump Administration Drops First Batch Of UAP/UFO Files
    by Tyler Durden on May 8, 2026 at 1:55 pm

    Trump Administration Drops First Batch Of UAP/UFO Files On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) – which of course was the alternative to the real incriminating Elite Presidential Shielding Taskforce Ensuring Impunity Now (EPSTEIN) files. ack […]

  • US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
    by Tyler Durden on May 8, 2026 at 1:25 pm

    US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% In his preview of today’s NFP report, Goldman’s Delta One head wrote that “NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult […]

  • Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia
    by Tyler Durden on May 8, 2026 at 1:20 pm

    Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine’s devastating cross-border drone attacks have persisted and expanded of late. On Friday air traffic at 13 airports across southern Russia […]

  • OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan
    by Tyler Durden on May 8, 2026 at 1:04 pm

    OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan SoftBank Group’s abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI – now targeting as little as $6 billion – reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026. The move follows earlier $40 billion bridge financing and comes amid reports that OpenAI missed […]

  • Pandemic? Trump Remains Confident Hantavirus Situation Under Control
    by Tyler Durden on May 8, 2026 at 12:40 pm

    Pandemic? Trump Remains Confident Hantavirus Situation Under Control Authored by Kimberley Hayek via The Epoch Times, President Donald Trump said on May 7 that he had been briefed on a hantavirus cluster tied to a cruise ship and that he was hopeful that the situation was still contained, as federal health authorities track the American passengers who returned home. The president also said he expected more information on Friday. […]

  • Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
    by Tyler Durden on May 8, 2026 at 12:23 pm

    Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help futures regain positive momentum. Markets are higher […]

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