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

Futuristic payment terminal in Sydney with tokenized transaction display and Opera House in background

Australia’s draft payments vision eyes stablecoin and tokenized fiat interoperability

May 7, 2026 Jackson Miller

Australia’s domestic payments system is preparing for a future where stablecoins and tokenized fiat currency become integral to how money moves. A draft vision released by the Account-to-Account Payments Roundtable, co-developed by AusPayNet, Australian Payments Plus, the Reserve Bank of Australia (RBA) and the Commonwealth Treasury, identifies digital assets as a key external force that […]

Shinhan Card credit card with Solana blockchain symbol on a desk next to a smartphone showing a digital wallet

Shinhan Card partners with Solana Foundation to test real-world stablecoin payments in South Korea

May 7, 2026 Jackson Miller

Shinhan Card, one of South Korea’s largest credit card issuers, has signed a memorandum of understanding with the Solana Foundation to advance the testing of stablecoin payments and explore non-custodial wallet integration. The partnership builds on an earlier proof of concept completed in early April and aims to assess the commercial viability of blockchain-based payments […]

Treasury Secretary Scott Bessent at a podium discussing seizure of Iranian crypto assets

US seized nearly $500M in Iranian crypto assets, Treasury secretary says

May 7, 2026 Jackson Miller

Washington — The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of a sweeping economic pressure campaign against Tehran, Treasury Secretary Scott Bessent said Wednesday. The figure is significantly higher than the $344 million in frozen crypto assets previously disclosed last week. Bessent made the announcement during an appearance on […]

Bitcoin News

Ethereum at a Crossroads: Tom Lee Sees a ‘Generational Play’ to $60,000

May 7, 2026 Jackson Miller

Ethereum’s price is once again testing a long-term support trend line that has historically preceded explosive rallies. Fundstrat co-founder Tom Lee has amplified a bullish thesis, calling the current setup a ‘generational play’ that could see Ether (ETH) rise to $60,000 by the end of the decade. Ethereum’s Fractal Setup Points to a Repeat of […]

Smartphone displaying X app with crypto post and mute button highlighted

Crypto Becomes Most-Muted Topic on X as AI-Generated Spam Floods Feeds

May 7, 2026 Jackson Miller

Cryptocurrency has become the most-muted topic on X since the platform introduced its ‘snooze’ feature, a development that underscores the growing impact of AI-generated spam and automated engagement on the social media platform. The shift marks a significant change for a network that was once the epicenter of Crypto Twitter. X Data Reveals Top Muted […]

Bitcoin coin partially submerged in oil with dramatic lighting representing market turmoil

Bitcoin Holds Near $76K as Oil Surges and Fed Delivers ‘Most Hawkish’ Meeting in Years

May 7, 2026 Jackson Miller

Bitcoin (BTC) failed to reclaim key support levels on Thursday as a combination of surging oil prices and the Federal Reserve’s most hawkish policy stance in years kept risk assets under pressure. The world’s largest cryptocurrency traded near $76,000, down roughly 2% from the previous day’s high, as geopolitical tensions from the US-Iran war continued […]

US Capitol building on a sunny day, representing legislative action on crypto bill

Senator Tillis pushes Senate Banking Committee to vote on stalled crypto market structure bill

May 7, 2026 Jackson Miller

Republican Senator Thom Tillis announced he will push the Senate Banking Committee to schedule a markup vote on the stalled crypto market structure bill, signaling a potential breakthrough after months of delays. Speaking to reporters on Wednesday, Tillis said the bill’s text has made sufficient progress and that it is time for lawmakers to move […]

Content creator in the Philippines checking USDC wallet on smartphone for Meta payout

Meta launches USDC stablecoin payouts for creators in Philippines and Colombia

May 7, 2026 Jackson Miller

Meta has introduced USDC stablecoin payouts for creators on its platforms in the Philippines and Colombia, marking a significant step in the company’s return to digital currency payments after its abandoned Libra project. The initiative allows eligible creators to receive earnings directly into self-custodial crypto wallets on the Solana and Polygon blockchains. How the stablecoin […]

WLFI token price chart showing a sharp decline on a digital display in a dimly lit trading room

WLFI falls 14% as controversial token unlock proposal heads to vote

May 7, 2026 Jackson Miller

The native token of World Liberty Financial (WLFI), a decentralized finance project linked to the Trump family, dropped nearly 14% on Wednesday as a governance proposal to unlock over 62 billion tokens went to a community vote. The proposal, which would place the tokens under multiyear vesting schedules, has drawn sharp criticism from some community […]

Boardroom meeting with Bitcoin chart and three business executives discussing merger deal

Twenty One Capital surges after Tether proposes three-way merger with Strike and Elektron

May 7, 2026 Jackson Miller

Shares in Twenty One Capital (XXI) surged in after-hours trading on Wednesday after Tether, the company’s majority shareholder, proposed a three-way merger with Bitcoin payments firm Strike and Bitcoin mining company Elektron Energy. The proposal marks a significant step toward consolidating distinct sectors of the crypto economy under a single publicly traded entity. Tether’s merger […]