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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 […]

  • UCLA Med School Illegally Using Race In Admissions: DOJ
    by Tyler Durden on May 8, 2026 at 11:40 pm

    UCLA Med School Illegally Using Race In Admissions: DOJ A DOJ investigation into the University of California–Los Angeles (UCLA) found its medial school allegedly used applicants’ race to discriminate against white and asian candidates.  Royce Hall on University of California, Los Angeles, campus is seen in Los Angeles on Aug. 15, 2024. AP Photo/Damian Dovarganes, File In a seven-page letter released on Wednesday, the […]

  • Clinton-Appointed Federal Judge Rules DOGE’s Terminations Of Humanities Grants Unlawful
    by Tyler Durden on May 8, 2026 at 11:15 pm

    Clinton-Appointed Federal Judge Rules DOGE’s Terminations Of Humanities Grants Unlawful Authored by Guy Birchall via The Epoch Times, A federal judge ruled on May 7 that the Department of Government Efficiency’s (DOGE’s) termination of hundreds of humanities grants last year was unconstitutional and involved “blatant” discrimination. In April 2025, the Trump administration axed more than 1,400 grants, amounting to more […]

  • Thailand Emerges As Possible Hub In Nvidia Chip-Smuggling Channel To Alibaba
    by Tyler Durden on May 8, 2026 at 10:50 pm

    Thailand Emerges As Possible Hub In Nvidia Chip-Smuggling Channel To Alibaba New details have emerged in the alleged AI chip diversion scheme involving the co-founder of Super Micro Computer. Bloomberg reports that some of the $2.5 billion worth of servers containing advanced AI chips were allegedly routed through a Bangkok-based company before reaching Chinese AI leader Alibaba. The Bloomberg report noted: US prosecutors this […]

  • We’re “Ending The Days Of Hiding Fraud”: Bessent Goes After Dark Money In Nonprofits
    by Tyler Durden on May 8, 2026 at 10:25 pm

    We’re “Ending The Days Of Hiding Fraud”: Bessent Goes After Dark Money In Nonprofits Authored by Stu Cvrk via American Greatness, On April 23, the US Treasury Department announced that the IRS plans to revise Form 990—the annual information return filed by tax-exempt organizations—to improve transparency and strengthen oversight, specifically targeting reporting on government contracts, government grants, and fiscal […]

  • Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports
    by Tyler Durden on May 8, 2026 at 10:00 pm

    Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports Yesterday when discussing China’s unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of […]

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  • US To Revoke Passports Of People Who Owe ‘Significant’ Child Support
    by Tyler Durden on May 8, 2026 at 9:40 pm

    US To Revoke Passports Of People Who Owe ‘Significant’ Child Support Authored by Jack Phillips via The Epoch Times (emphasis ours), The Department of State announced on May 7 that it would revoke the U.S. passports of parents who are significantly behind on child support payments. The department said it would work with the Department of Health and Human Services (HHS) to revoke passports of individuals who owe “significant […]

  • NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price
    by Tyler Durden on May 8, 2026 at 9:20 pm

    NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price After getting roasted over its $150 World Cup train fare, NJ Transit is backing off, lowering the roundtrip ticket to $105 for rides between Penn Station and MetLife Stadium, according to Bloomberg. The agency had defended the original price as necessary to handle massive game-day crowds, with roughly 40,000 extra riders expected per match. That explanation […]

  • Redistricting Battles Heat Up After Supreme Court Ruling
    by Tyler Durden on May 8, 2026 at 9:00 pm

    Redistricting Battles Heat Up After Supreme Court Ruling Authored by Jackson Richman via The Epoch Times, The U.S. Supreme Court’s recent landmark ruling on redistricting has prompted lawmakers in multiple states to reconsider their electoral maps ahead of the 2026 midterms. The decision, issued on April 29, focused on a congressional map that Louisiana drew after a lower court stated that a prior map violated the Voting […]

  • Massive Oil Slick Spotted Off Iran’s Kharg Island, Cause Unknown 
    by Tyler Durden on May 8, 2026 at 8:40 pm

    Massive Oil Slick Spotted Off Iran’s Kharg Island, Cause Unknown  An apparent large oil spill spanning dozens of square miles of sea has been spotted off of Iran’s main oil hub of Kharg Island, according to open source satellite imagery and reporting in both the NY Times and Reuters on Friday. The reports cite images from Copernicus’s Sentinel-1, Sentinel-2, and Sentinel-3 satellites taken from monitoring May 6 through 8 which […]

  • ‘An Epic Madness Burns In The Minds of Californians…’
    by Tyler Durden on May 8, 2026 at 8:20 pm

    ‘An Epic Madness Burns In The Minds of Californians…’ Authored by James Howard Kunstler, The California Death Trip “History records no pity for parties that choose purity over competence, vengeance over vision, pathology over pragmatism. The long night is not coming. It is here. . . . ” – LHGrey on X The Pacific Palisades fire ignited on January 7, 2025, in the very last days of the “Joe Biden” fake presidency. […]

  • Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
    by Tyler Durden on May 8, 2026 at 7:50 pm

    Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.  The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion. The […]

  • Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia’s V-Day
    by Tyler Durden on May 8, 2026 at 7:30 pm

    Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia’s V-Day President Trump announced Friday that the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and a major prisoner swap. He hailed in a Truth Social post that this could be the “beginning of the end” of the long war between them. He specified that the ceasefire would run Saturday through Monday – with Saturday […]

  • 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 […]

  • 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 […]

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