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Ripple CEO: Bullish $4.2B Deal Marks Biggest Crypto Move Ever

Ripple CEO Calls Bullish $4.2B Equiniti Deal the “Biggest Crypto Move Ever” as Tokenized Finance Goes Institutional　　At Consensus Miami 2026, Ripple CEO Brad Garlinghouse when he called Bullishs $4.2 billion acquisition of Equiniti “the biggest crypto deal ever.” He framed it as more than a transaction, pointing to a broader shift of traditional finance moving on-chain at scale.　　Well, this deal points to a deeper merging of traditional financial rails with blockchain-native infrastructure.　　Equiniti, which supports over 20 million shareholders and processes more than $500 billion in annual payments, sits at the core of global transfer agency services, so bringing that scale into a crypto-aligned platform gives Bullish a direct on-ramp to tokenized securities and real-world assets operating at institutional volume.　　What makes this move stand out is how it feeds directly into Ripples wider push to build out a full tokenized finance stack. Ripple has been steadily expanding infrastructure on the XRP Ledger, which now hosts over $3 billion in tokenized assets and continues to see record transaction activity.　　Therefore, the direction is increasingly clear: bridge regulated financial markets with blockchain rails designed to handle institutional-scale volume efficiently.　　RLUSD and Bullish Integration Signal Ripples Push to Unify Institutional Crypto Markets　　A central part of this

05-07

Bitget Wallet Brings USD Crypto Card to Africa via Immersve Integration

Bitget Wallet, the renowned financial app, has integrated with Immersve, a core participant of payments giant Mastercard. With this integration, Bitget Wallet aims to expand the USD-denominated crypto cards availability across Africa. Bitget Wallet card permits consumers to spend their stablecoin holdings across the globe from a self-custodial wallet without any foreign exchange charges. Hence, the product links the Web3 wallet to the worldwide payment rails of Mastercard.　　Stablecoin Payments Gain Momentum in Africa Amid Currency Volatility　　The integration with Immersve, a primary member of Mastercard, is set to make Bitgets USD-denominated crypto cards available across Africa. The integration allows daily buyouts like groceries, digital subscriptions, and travel at numerous merchants working across the globe. The expansion underscores the rising demand for digital payment instruments to connect real-world commerce with on-chain finance.　　Bitget Wallet Card is provided digitally via the Bitget Wallet app, serving as a robust USD-denominated payment system for worldwide spending. The consumers can use it to fund transfers through $USDC. This framework removes the requirement for onboarding or exclusive merchant hardware, making adoption smooth across different markets. In African economies, as the cross-border payments consume considerable capital in costs while the local currencies are significantly volatile, stablecoins deliver a relatively

05-07

Michigan Online Casinos Embrace Cryptocurrency for Players

Bitcoin Ethereum News　　Since Michigans regulated online casino market launched in January 2021, the state has become one of the leading pioneers in iGaming in the United States. Regulated by the Michigan Gaming Control Board (MGCB), licensed operators have delivered consistent growth and record revenues. In 2025, annual gross revenue from Casinos increased by 26.5% to $3.1 billion.　　One of the most notable emerging trends in recent years is the growth of cryptocurrency as a payment method. Review sites increasingly provide clear details on whether each platform supports crypto deposits and withdrawals. That helps players identify which casinos accept digital assets before signing up. A variety of casinos in MI examined by Casino.org highlighted that many platforms list crypto as a supported option. That reflects strong and growing player demand.　　As more online casinos in Michigan adopt cryptocurrency, digital assets are effectively enhancing the overall gaming experience. While adoption is expanding, the level of crypto integration varies across platforms. Thats particularly in areas such as withdrawal speed, verification requirements, and overall user experience.　　The Benefits of crypto in casinos　　Players now increasingly seek faster, more secure, and flexible ways to fund their accounts. Thats why digital assets such as Bitcoin and Ethereum are becoming an

05-07

Michael Saylor breaks Strategys never-sell rule

Michael Saylor said Strategy will “probably sell some bitcoin” to pay dividends, marking the first public reversal of the firms long-held never-sell position.Strategy executive chairman Michael Saylor floated selling bitcoin to fund dividend obligations during the companys Q1 2026 earnings call on May 5.Strategy holds 818,334 BTC and faces approximately $1.5 billion in annual dividend obligations across its preferred stock instruments.MSTR stock fell more than 4% in after-hours trading following the call, while bitcoin briefly dipped below $81,000.　　Strategy, the largest publicly traded corporate holder of bitcoin, may sell a portion of its holdings to cover dividend payments, executive chairman Michael Saylor said during the companys Q1 2026 earnings call on May 5. The statement marks the first time the firm has publicly walked back the never-sell position Saylor has repeatedly asserted over several years.　　“We will probably sell some bitcoin to pay a dividend just to inoculate the market and send the message that we did it,” Saylor said on the call. He framed the approach as deliberate: “You buy bitcoin with credit, you let it appreciate, and then you sell bitcoin to pay the dividend.”　　Q1 results and market reaction　　Strategy reported a $12.54 billion net loss for Q1 2026. The company

05-07

South Korea: Gradual CPI rise keeps BoK cautious – ING

Bitcoin Ethereum News　　INGs Senior Economist Min Joo Kang notes that South Korean inflation accelerated in April on higher energy prices, but government measures such as food vouchers, a gasoline price cap and frozen utility tariffs helped limit the increase. Core inflation remains near 2%, yet ING expects headline inflation to climb towards 3% by June, keeping the Bank of Korea (BoK) alert to upside risks.　　Government support cushions energy-driven pressures　　“South Koreas consumer price inflation accelerated to 2.6% year-on-year in April from 2.2% in March, matching market consensus but below our estimate of 2.8%. The downside surprise was mainly due to a larger-than-expected drop in food prices.”　　“Though inflation reached a 21-month high in April, government measures such as food vouchers, a gasoline price cap, and freezing utility prices helped limit increases in food and energy. Inflation excluding food and energy stayed at 2.2% for the second month.”　　“As expected, energy prices rose the most. Oil and petroleum prices increased by 21.9% YoY, adding 0.84 ppt to overall inflation. Fuel price cap measures reduced energy price hikes, keeping them lower than in other major economies.”　　“Among services, housing rental prices edged up 1.0%, showing a gradual hike since Jan 2024 (-0.2%). Due to Korea‘s unique

05-07

Crypto Market Liquidations Pass $320M as Bitcoin Holds Above $81K

Bitcoin Ethereum NewsBitcoin crossed $81K as crypto liquidations exceeded $320 million in 24 hours.Short traders lost over $242 million as Bitcoin reclaimed the key resistance zone.Analysts watch $83K resistance as Bitcoin retests prior support zone.　　The crypto market recorded more than $320 million in liquidations over the past 24 hours as Bitcoin climbed above the $81,000 level for the first time in months, leading to heavy losses for bearish traders across derivatives markets. Data from CoinGlass showed that short positions accounted for the majority of liquidations during the session, showing the extent of bearish positioning before Bitcoin reclaimed the key resistance range.　　The total liquidations reached approximately $320.57 million during the 24-hour period. Short positions contributed nearly $242.41 million, while long liquidations stood at around $78.16 million.　　Bitcoin accounted for the largest share of liquidations, recording roughly $98.83 million. Zcash followed with approximately $48.58 million in liquidations, while Ethereum registered around $37.40 million. Other assets impacted included Toncoin at $11.75 million, XYZ at $9.45 million, and LAB at about $7.83 million.　　Bitcoin Rally Triggers Short Liquidations　　The market movement followed Bitcoins return above the $80,000 range after several months of failed recovery attempts. The last time Bitcoin traded above that level was in late January,

05-07

FanDuel CEO Amy Howe out after five years at the sportsbook

Bitcoin Ethereum News　　Amy Howe, CEO of FanDuel, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, D.C.　　FanDuel CEO Amy Howe has been ousted from that post after five years at the company, people familiar with the matter told CNBC.　　Christian Genetski, FanDuel president, will step in to lead the company, according to the people, who asked not to be named in order to speak about internal matters.　　Howe, head of the nations leading sportsbook, has shepherded the sports betting company since 2021. She has overseen FanDuel during a time of dramatic expansion in sports gambling and other online gambling in multiple states.　　Shares of FanDuel parent company have been under pressure, however, down 57% over the last year as investors have sold off gaming stocks more broadly amid the sudden specter of competition from prediction markets and worries about consumer spending due to higher gas prices and inflation worries. Shares of are down roughly 33% over the same time period.　　In February, Flutter issued 2026 guidance that missed Wall Street expectations.　　Flutter CEO Peter Jackson told CNBC following the earnings report that he wants to invest $300 million in FanDuel Predicts, the companys in-house predictions platform, “and

05-07

$1 Trillion Altcoin Breakout: What Big Money Move Into ZEC, XRP, and DOGE Really Means

By the middle of the first week of May, the TOTAL2 index by TradingView, meaning the capitalization of altcoins excluding Bitcoin, stabilized above the psychological $1 trillion mark, reaching $1.051 trillion.　　Against the backdrop of a broader risk-on environment and the de-escalation talks in Middle East, capital began distributing across the market in a more targeted way as XRP, Zcash (ZEC), and Dogecoin (DOGE) came into focus, being three coins each representing its own growth model: from scarcity-driven hype to institutional recognition.　　3 coins driving the crypto markets new risk-on phase　　Zcash (ZEC) became the leader of the week, posting gains of more than 70% and breaking above $585. Not only did Multicoin Capital, the fund known for buying Solana (SOL) at $0.04-$0.23 during 2018-2020, officially confirm the formation of a significant position in Zcash, but a fundamental supply shortage also affected the price as nearly 30% of the coins total supply is now held in shielded addresses, marking a historical high and limiting available exchange supply for ZEC.　　XRP Lines Up for $2 Target as Key Bollinger Bands Hurdle Cleared; Zcash (ZEC) to Grab 10% of Bitcoin Price, Predicts BitMEX Founder; Dogecoin (DOGE) Ends $0 ETF Streak Amid May 2026 Altseason – Morning

05-07

From what to how: Robinhood and Bitstamp say banks are ready to build on-chain

Wall Streets long-awaited migration into crypto is no longer theoretical, according to executives from Ondo Finance, Robinhood-owned Bitstamp and Babylon Labs. However, institutional adoption remains slower and more fragmented than many in the industry once expected.　　The executives described a financial industry increasingly embracing blockchain rails, tokenized securities and crypto-native yield products on the “Is the Wall Street Herd STILL Coming？” panel at Consensus Miami 2026.　　“I think its very clear that Wall Street is coming to crypto,” said Ondo President Ian De Bode, pointing to recent partnerships with Broadridge and the Depository Trust & Clearing Corporation (DTCC) aimed at tokenizing securities and enabling blockchain-based shareholder voting.　　Robinhood‘s Nicola White said that the conversation with banks has shifted dramatically over the past two years. “We’re not having conversations anymore about what blockchain is,” she said. “Now its about, how do we help them build？”　　The panelists emphasized that crypto infrastructure already improves on traditional finance in terms of settlement speed and market accessibility. De Bode noted Ondos tokenized treasury products allow investors to mint and redeem positions over weekends while earning a daily yield, capabilities still largely unavailable in traditional money markets.　　“That in and of itself as a value prop is mind-blowing to many

05-07

Bitcoin surges past $82K amid easing US-Iran tensions

Bitcoin Ethereum News　　## Market Snapshot　　Bitcoins market for being above $66,000 on May 6 shows a strong consensus, priced at 99.9% YES. Similarly, for May 7, it is priced at 100% YES. The SpaceX IPO market is unaffected by these developments.　　## Key Takeaways　　– The market suggests a consistent likelihood of Bitcoin staying above $66,000 due to decreasing geopolitical tensions. – Recent Bitcoin price movements are consistent with a safe haven asset response amid geopolitical uncertainties. – Current pricing indicates a view that de-escalation in the Middle East supports Bitcoins status as a risk-on asset.　　## Article Body　　The recent breach of Bitcoin beyond $82,000 comes amid geopolitical developments in the Middle East. Tensions between the US, Israel, and Iran have been easing, with Iran proposing a 14-point peace plan that the US has responded to positively. This de-escalation has led to a reduction in crude oil prices, which fell by approximately 5% to $107 per barrel. The reduction in geopolitical risk is seen as supportive of Bitcoins rise as investors view it as a “digital gold” safe haven. The movement towards $82,000 reflects a broader trend of risk-on sentiment, driven by reduced concerns over energy supply disruptions.　　## Market Interpretation　　Market pricing is supportive of

05-07

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