Latest Crypto News & Market Updates

Grayscale adds ENA and removes AERO in Q1 fund rebalance

Grayscale Investments completed its Q1 2026 review of the Grayscale Decentralized Finance Fund and the Grayscale Smart Contract Fund. Grayscale added ENA to its DeFi Fund after removing AERO in the latest quarterly rebalance.UNI and AAVE remain the funds largest holdings, while ENA entered as fourth-largest component overall.Smart Contract Fund kept ETH and SOL leading its basket, with ADA holding third place.　　The update changed the DeFi Funds holdings and adjusted the Smart Contract Fund based on its existing basket.　　The DeFi Fund removed Aerodrome Finance and added Ethena. Grayscale said it sold AERO and other fund components in line with their weights, then used the proceeds to buy ENA. The change followed the CoinDesk DeFi Select Index method.　　UNI and AAVE remain top holdings　　As of May 1, the DeFi Fund held Uniswap at 35.22%, Aave at 21.36%, Ondo at 19.83%, Ethena at 13.59%, Curve at 5.27%, and Lido DAO at 4.73%. ENA entered the fund as its fourth-largest holding.　　The fund now gives larger weight to decentralized exchanges, lending, tokenized assets, and synthetic dollar infrastructure. Ethena is known for USDe, its synthetic dollar product, while Ondo gives the fund exposure to tokenized finance through its existing allocation.　　Crypto.news recently reported that ENA will unlock

05-07Industry

Ethereum (ETH) Struggles at $2,400 Despite $260M in ETF Inflows — What’s Holding It Back?

Ethereum　　Ethereum (ETH) Struggles at $2,400 Despite $260M in ETF Inflows — Whats Holding It Back？Spot Ethereum ETFs accumulated $260 million in net inflows across three consecutive trading sessionsTreasury firm BitMine potentially acquired an additional 40,000 ETH mid-weekUS-based retail crypto demand remains subdued according to Coinbase Premium Index dataMajor holder transferred 166,023 ETH to Binance exchange, intensifying sell pressureKey technical resistance positioned at the 20-week EMA near $2,438　　Ethereum is currently hovering near $2,350 following an unsuccessful attempt to sustain momentum above the $2,420 threshold. Price action slipped beneath a key bullish trend line positioned at $2,365 on the 1-hour timeframe and continues to trade under the 100-hour Simple Moving Average.　　Ethereum (ETH) Price　　US-listed spot Ethereum exchange-traded funds registered $97.5 million in net positive flows on Tuesday. This contribution elevated the three-day accumulation to approximately $260 million, effectively offsetting the withdrawals observed during the earlier portion of last week.　　The month of April demonstrated robust performance for ETH ETF products, concluding with a 10-day consecutive inflow streak that delivered $355 million in cumulative net positive flows.　　Source: SoSoValue　　Market observer Ted (@TedPillows) highlighted that ETH is attempting to pierce through the $2,400 threshold, suggesting that a successful breakout might propel Ethereum into the $2,500–$2,600 range. However,

05-07Ethereum

BNY Mellon to Launch Bitcoin and Ethereum Crypto Custody in UAE

Wall Street giant BNY Mellon (now BNY) will offer crypto asset custody in Abu Dhabi, the UAE, the global financial services company announced on Thursday. It will initially launch Bitcoin and Ethereum crypto custody services, with plans of expanding to stablecoins, tokenized real-world assets, and other regulated digital instruments.　　BNY Mellon Expands Crypto Custody to the UAE　　BNY Mellon announced a strategic collaboration with Finstreet Limited and ADI Foundation to offer crypto custody in the Abu Dhabi Global Market (ADGM), according to a press release on May 7.　　The worlds largest custodian, with $59.4 trillion in assets under custody, and the first U.S. global systemically important bank (G-SIB) to offer crypto custody in the region. The collaboration aims to boost crypto custody in the UAE and offers access to fully localized, secure, compliant, and scalable crypto custody services.　　BNY will integrate Finstreet‘s advanced digital market ecosystem with ADI Foundation’s sovereign-grade blockchain infrastructure. It aligns with the UAEs push to become a global hub for digital finance.　　“This strategic collaboration is an important step in further cementing Abu Dhabis place as a global digital asset hub,” said Ajay Bhatia, Principal Council Member at ADI Foundation.　　Focus on Bitcoin, Ethereum, Stablecoins, and RWA Tokenization　　BNY Mellon will initially focus

05-07Ethereum

Is It Time For Crypto To Get Its Own Better Business Bureau?

Crypto　　Is It Time For Crypto To Get Its Own Better Business Bureau？　　When people talk about crypto being the “Wild West” of finance, they‘re not kidding. The appeal of “financial freedom” craters the moment someone falls victim to a rug pull or phishing scam, or simply invests their savings into a project that’s dead on arrival. Its all too common, because crypto is full of so much noise that, for every major breakthrough, there are thousands of scammy or fruitless projects that never get off the ground.　　Scams, in particular, are a plague on crypto. According to the FBI, crypto-related fraud drained more than $11.3 billion from Americans in 2025 alone, up 25% from the year before.　　Crypto needs to shake off this albatross around its neck if its ever going to grow beyond the niche, and what better way would there be to do that than to create its own form of the Better Business Bureau？　　Holding businesses accountable　　For more than a century, the BBB has been the gold standard for consumer trust. Its goal is to reassure buyers that companies arent going to rip them off or give them the runaround. It does this by maintaining a public directory of consumer-facing businesses,

05-07Industry

XRP Bull Flag Breakout Targets $1.60 Amid Rising Momentum

Tech　　XRP Bull Flag Breakout Targets $1.60 Amid Rising Momentum　　XRP Eyes a Bull Flag Breakout as Liquidity Tightens and Institutional Inflows Fuel $1.60 Target Outlook　　XRP is back in the spotlight after breaking out of its recent bull flag consolidation, a move analyst Emilio Bojan says could signal the start of a stronger upward phase. The token has reclaimed $1.42, with CoinCodex showing it , up about 4.81% on the week.　　Source: CoinCodex　　The current move is drawing attention because of what came before it. XRPs first leg delivered a 15% rally, and that momentum now appears to be rebuilding after a brief consolidation phase.　　If the structure continues to unfold as expected, the next key upside target is around $1.60, with $1.66 sitting as a closely watched resistance zone that could define the strength of the trend.　　Source: Emilio Bojan　　More notably, a bull flag pattern matters because it often signals continuation rather than exhaustion. It begins with a strong, sharp rally that establishes momentum, followed by a controlled sideways drift as traders take profits and the market stabilizes.　　When buying pressure returns and price breaks above that range, it typically confirms that the broader uptrend is still intact and can trigger another leg higher.　　Interestingly, market structure

05-07Industry

Upbit adds B3 Korean won pair as Base token gains Korea access

South Korean crypto exchange Upbit has added B3 to its Korean won market, giving local traders direct access to the Base-linked token. Upbit opened B3 trading against the Korean won, giving the Base token local market access.The exchange delayed trading to 14:00 KST and applied early order restrictions for stability.B3s Base network support links the listing to growing Korean interest in OP Stack projects.　　Trading was first scheduled for 13:45 KST on May 7, before Upbit moved the start time to 14:00 KST.　　B3 is a layer-3 blockchain built on Base, the Ethereum layer-2 network developed with the OP Stack. The Upbit listing gives the token access to one of Asias most active retail crypto markets.　　Exchange sets early trading limits　　Upbit said deposits and withdrawals will only support B3 through the Base network. The exchange also asked users to confirm the contract address before sending funds. Deposits through unsupported networks may face a long refund process.　　The exchange placed normal controls on early trading. Buy orders were restricted for about five minutes after launch. Upbit also limited low-price sell orders and restricted non-limit order types for about two hours.　　Upbit warned, “If a certain level of liquidity is not secured after the commencement of deposit

05-07Industry

SHIB Price Prediction: 25% Rally to $0.0000080 as Technical Breakout Accelerates

Technical Momentum Builds Steam　　SHIBs price action tells a compelling story right now. The RSI reading of 62.77 keeps the token in healthy territory with room to climb before hitting overbought levels. Meanwhile, the MACD histogram displays clear bullish momentum while price trades 4% above the upper Bollinger Band at the 1.04 position.　　This combination creates a powerful setup. When cryptocurrencies break above their Bollinger upper band with accelerating momentum indicators, it typically signals the start of a sustained move higher. The stochastic readings reinforce this view – %K at 75.44 versus %D at 60.35 shows momentum continues building rather than stalling.　　Volume Surge Confirms Buying Interest　　The numbers behind SHIBs move matter. Binance recorded $8.9 million in spot trading volume over 24 hours while price gained 2.72%, indicating genuine buying pressure rather than low-volume manipulation. This volume-to-price relationship suggests organic demand is accumulating beneath current levels.　　Sustained trading activity above $8 million daily has historically preceded SHIBs most explosive price movements. When Blockchain.news tracks these patterns, the correlation between elevated volume and subsequent breakouts becomes clear – real money is positioning for the next leg higher.　　Critical Support Levels Hold Firm　　SHIB currently maintains its position above the crucial $0.0000070 support zone, which serves as the

05-07Industry

Anthropic Secures 220,000 NVIDIA GPUs Through SpaceX Partnership

Tech　　Anthropic Secures 220,000 NVIDIA GPUs Through SpaceX PartnershipAnthropic gains access to over 300 MW of compute power and 220,000 NVIDIA GPUs.Through SpaceX‘s Colossus 1 supercomputer deal, Anthropic aims to expand Claude’s limits.Claude Pro and Max users receive doubled limits and removal of peak-hour restrictions.　　Anthropic has signed a deal with Elon Musks SpaceX to access Colossus 1, a massive AI supercomputer built in Memphis, Tennessee. The agreement gives Anthropic immediate access to more than 300 megawatts of compute power backed by over 220,000 NVIDIA GPUs.　　The partnership was announced on May 6 during Anthropics developer event in San Francisco. Anthropic plans to use the added compute capacity to expand Claude AI usage limits and stabilize services that have faced growing pressure from heavy demand.　　Weve agreed to a partnership with @SpaceX that will substantially increase our compute capacity.　　This, along with our other recent compute deals, means that weve been able to increase our usage limits for Claude Code and the Claude API.　　— Claude (@claudeai) May 6, 2026　　Claude Usage Limits Expanded　　Anthropic confirmed that Claude Pro and Claude Max subscribers will immediately receive higher limits. The company doubled five-hour usage caps for Claude Code across Pro, Max, Team, and Enterprise plans.　　Peak-hour restrictions for Pro and

05-07Industry

Leading crypto presales today: BlockchainFX leads as ETF inflows revive market confidence

Crypto　　Leading crypto presales today: BlockchainFX leads as ETF inflows revive market confidence　　BlockchainFX gains momentum as investors seek utility-focused crypto presales in the 2026 market.Institutional inflows and Bitcoins rally are boosting interest in presales like BlockchainFX.BlockchainFX gains momentum with $14.4M raised and a nearing $15M launch trigger.As institutional capital reshapes crypto markets, BlockchainFX attracts attention for utility and upcoming exchange listings.　　The digital asset sector is undergoing a significant structural shift as institutional capital establishes a new floor for the broader market. While Bitcoin captures headlines with its renewed strength, smart crypto investors are increasingly looking toward the best crypto presales to find projects that offer foundational utility alongside explosive growth potential.　　Leading this movement is BlockchainFX, a project that has rapidly become the focal point for investors seeking high-integrity infrastructure in the 2026 market.　　The institutional inflow: Why the global crypto rally is accelerating　　Market confidence has been reinvigorated by a sustained crypto rally that recently propelled Bitcoin above the $80,000 resistance level. This upward trajectory is not a speculative anomaly but is instead supported by massive institutional demand, evidenced by over $2.44 billion in U.S. spot ETF inflows recorded throughout April.　　BlackRocks IBIT alone secured approximately 70% of these inflows, signaling that major financial

05-07Industry

SHIB Price Prediction: 25% Rally to $0.0000080 as Technical Breakout Accelerates

Technical Momentum Builds Steam　　SHIBs price action tells a compelling story right now. The RSI reading of 62.77 keeps the token in healthy territory with room to climb before hitting overbought levels. Meanwhile, the MACD histogram displays clear bullish momentum while price trades 4% above the upper Bollinger Band at the 1.04 position.　　This combination creates a powerful setup. When cryptocurrencies break above their Bollinger upper band with accelerating momentum indicators, it typically signals the start of a sustained move higher. The stochastic readings reinforce this view – %K at 75.44 versus %D at 60.35 shows momentum continues building rather than stalling.　　Volume Surge Confirms Buying Interest　　The numbers behind SHIBs move matter. Binance recorded $8.9 million in spot trading volume over 24 hours while price gained 2.72%, indicating genuine buying pressure rather than low-volume manipulation. This volume-to-price relationship suggests organic demand is accumulating beneath current levels.　　Sustained trading activity above $8 million daily has historically preceded SHIBs most explosive price movements. When Blockchain.news tracks these patterns, the correlation between elevated volume and subsequent breakouts becomes clear – real money is positioning for the next leg higher.　　Critical Support Levels Hold Firm　　SHIB currently maintains its position above the crucial $0.0000070 support zone, which serves as the

05-07Industry