Bitcoin News Today: BTC Price, ETF, Regulation & Analysis

Bitcoin price chart near $80,000 on a trading floor display with altcoin charts in the background

Bitcoin holds near $80K as altcoins struggle: Key levels for BTC, ETH, SOL, and more

May 9, 2026 Jackson Miller

Bitcoin (BTC) pulled back toward $79,000 on Friday before buyers stepped in to lift the price back above $80,000. The question now is whether this dip-buying momentum can push BTC through the formidable $84,000 to $92,000 resistance zone, or if bears will again assert control. Meanwhile, most major altcoins are following Bitcoin’s lead, with many […]

Wall Street trading floor with cryptocurrency price charts on a large digital display

Crypto Biz: Wall Street Broadens Its Crypto Appetite Beyond Bitcoin

May 9, 2026 Jackson Miller

Institutional capital is flowing back into digital assets, but this cycle looks markedly different from the speculative frenzy of 2021. While Bitcoin remains the primary entry point, Wall Street is increasingly exploring prediction markets, tokenized finance, and venture-backed blockchain infrastructure. This week’s developments signal a broader maturation of the crypto industry as it pivots from […]

Bitcoin coin on table with monitor showing price chart in background

Bitcoin profit-taking may accelerate as price hits 3-month high, analyst warns

May 9, 2026 Jackson Miller

Bitcoin’s recent rally to three-month highs is prompting a surge in profit-taking among holders, a trend that could accelerate if prices continue to climb, according to Julio Moreno, head of research at onchain analytics firm CryptoQuant. Moreno warned that despite the short-term price recovery, Bitcoin remains in a bear market. Profit-taking reaches highest level since […]

Empty courtroom with blockchain data on screen representing crypto legal news

Crypto Legal Roundup: SBF Assets Found, Mashinsky Goes Solo, Washington Bans Crypto ATMs

May 9, 2026 Jackson Miller

The past week brought significant developments in cryptocurrency-related legal cases across the United States, ranging from new asset seizures in the FTX case to a former CEO choosing self-representation and a city council taking a firm stance against crypto kiosks. Here is a breakdown of the most consequential events. US Authorities Locate Additional $10 Million […]

Newsroom monitors showing Tether USDT freeze tracker and Coinbase stock chart

Tether freezes $514M in USDT in 30 days; Coinbase posts $400M Q1 loss

May 9, 2026 Jackson Miller

Crypto markets saw a mixed day of enforcement actions and corporate earnings on Thursday, as onchain data revealed Tether froze over half a billion dollars in USDT in the past month, while Coinbase shares slid after reporting a deeper-than-expected quarterly loss. Separately, a new survey from CoinShares showed institutional investors are cautiously returning to digital […]

Bitcoin coin on a red digital chart showing overbought market conditions

Bitcoin’s RSI enters overbought zone, raising short-term correction risk with $78K in focus

May 9, 2026 Jackson Miller

Bitcoin’s 36% rally from its March macro low of $60,000 to a local high of $82,800 on Wednesday has pushed a key technical indicator into overbought territory for the first time since early 2026. The development has traders watching for a short-term price correction, with the $78,000 support level emerging as a critical line in […]

Modern server room with illuminated data racks symbolizing blockchain infrastructure and oracle security after a DeFi exploit.

Kelp DAO exploit triggers DeFi migration to Chainlink, raising oracle consolidation concerns

May 9, 2026 Jackson Miller

Decentralized finance protocols are reevaluating their blockchain oracle providers in the wake of the $293 million Kelp DAO exploit last month, with several major platforms announcing migrations to Chainlink infrastructure. The moves signal a growing preference for established, battle-tested oracle systems, but also raise new questions about the risks of market consolidation. Post-exploit migration wave […]

Empty corporate office lobby with a person carrying a box, symbolizing layoffs in the crypto industry.

Crypto companies lean on AI to justify layoffs, but critics call it convenient cover

May 9, 2026 Jackson Miller

Coinbase became the latest crypto company to cut its workforce this week, citing artificial intelligence as the driving force behind a major restructuring. The exchange joins Block and Crypto.com in a wave of layoffs that executives are framing not as emergency cuts, but as deliberate moves to build leaner, AI-native organizations. But industry observers and […]

Prophet AI prediction market dashboard with live $10,000 trading tranche on a modern monitor

Prophet Prediction Market Launches AI Trading Platform with $10,000 Tranche to Revolutionize Forecasting

May 8, 2026 Jackson Miller

Prophet has officially launched its AI-powered prediction market, introducing a live $10,000 trading tranche for early adopters. This platform leverages artificial intelligence to analyze real-time data and generate forecasts on future events. The launch marks a significant step in combining machine learning with decentralized prediction markets, offering traders a new tool for speculative analysis. Prophet […]

Bitcoin mining Colombia facility with solar panels and wind turbines on the Caribbean coast, symbolizing renewable energy transformation.

Bitcoin Mining Colombia: How Renewable Energy Could Transform the Caribbean Coast

May 8, 2026 Jackson Miller

Colombian President Gustavo Petro has proposed a transformative vision for the nation’s Caribbean coast: turning it into a major Bitcoin mining hub. In a post on X on Tuesday, Petro highlighted the potential of cities like Barranquilla, Santa Marta, and Riohacha to host Bitcoin (BTC) mining operations. He believes these facilities could tap into Colombia’s […]