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

Bitcoin coin on a trading desk with multiple monitors showing market data and liquidation charts

Bitcoin tests $77K as shorts feel the heat, but absent spot volume caps rally momentum

May 7, 2026 Jackson Miller

Bitcoin bulls pushed the price to $77,400 on Friday, putting additional pressure on short sellers, but the rally lacks the sustained buying volume needed to break decisively into higher territory. Data from multiple market analytics platforms suggests that while short positions are at risk, traders remain cautious about adding use or increasing spot exposure. Orderbook […]

Bitcoin coin resting on stone surface with blurred financial chart background, representing key support level analysis.

Bitcoin’s $75K Cost Basis Solidifies as Key Support in Current Bull Cycle

May 7, 2026 Jackson Miller

Bitcoin is trading at $76,350, holding above a cluster of critical investor cost-basis levels that have converged near $75,000, signaling a potential pivot point for the ongoing bull trend. The one-to-three-month holder average cost basis sits at $75,620, while the US spot Bitcoin ETF weighted average cost basis is near $76,700, placing a significant portion […]

Professional reviewing blockchain data on tablet in front of London financial district

UK regulator approves tokenized funds under existing rules as Tether proposes three-way merger

May 7, 2026 Jackson Miller

The UK’s Financial Conduct Authority (FCA) has formally approved new rules allowing asset managers to tokenize funds using blockchain technology within the existing regulatory framework, marking a significant step toward integrating digital assets into mainstream finance. In a policy statement published Thursday, the FCA outlined a clear path for firms to maintain investor records on […]

Modern research institute interior in Zurich with conference table and blockchain documents, representing Solana's European institutional push

Solana launches Swiss research institute to guide European institutions through MiCA compliance

May 7, 2026 Jackson Miller

The Solana ecosystem is deepening its institutional engagement in Europe with the launch of a Swiss-based research body aimed at helping traditional financial firms address evolving crypto regulations. The Solana Research Institute (SRI), founded by former Euroclear executive Angus Scott, debuted alongside a roughly 60-page practitioner guide designed for senior financial decision-makers evaluating the network. […]

Modern corporate office lobby with professionals, representing Kast's expansion into regulated financial services.

Kast hires former SEC official Stephanie Allen to lead policy communications after $80M raise

May 7, 2026 Jackson Miller

Stablecoin payments company Kast has hired former U.S. Securities and Exchange Commission (SEC) communications official Stephanie Allen as head of corporate and policy communications, signaling a strategic push into regulated financial services following an $80 million funding round last month. Strategic hire amid regulatory expansion Allen, who previously served as acting director of the SEC’s […]

Bitcoin price chart on trading floor display stalling below $80,000 resistance level

Bitcoin price stalls below $80K as short-term holders and ETF investors sell into rally

May 7, 2026 Jackson Miller

Bitcoin’s recent rebound from multi-year lows has hit a wall at $80,000, with on-chain data revealing that short-term holders and spot Bitcoin ETF investors are using the rally to exit positions. After climbing 32% from below $60,000 to a 10-week high of $79,500 on April 22, BTC has since corrected to around $76,000, failing to […]

Person using smartphone for a payment at a Spanish café, representing retail EURC stablecoin usage.

Spain emerges as leading EURC retail market in Europe, Brighty data shows

May 7, 2026 Jackson Miller

Spain has emerged as the dominant retail market for Circle’s euro-pegged stablecoin EURC, according to data from crypto banking platform Brighty. The data, covering 2025 and the first quarter of 2026, shows Spain accounting for approximately 36% of all EURC transactions and 25% of transaction volume on the platform, offering an early snapshot of how […]

London financial district with digital blockchain network overlay representing tokenized assets

UK regulator approves tokenized fund rules, Twenty One Capital jumps on merger news, Visa expands stablecoin pilot

May 7, 2026 Jackson Miller

The UK’s Financial Conduct Authority (FCA) has officially approved new rules allowing fund managers to use blockchain technology within existing regulatory frameworks, marking a significant step toward mainstream adoption of tokenized assets. The policy statement, published Thursday, provides a clear pathway for integrating distributed ledger technology (DLT) into regulated fund operations without requiring separate experimental […]

Two AI agent holograms facing each other over a glowing blockchain network map in a modern trading floor setting.

OKX launches open-standard protocol for autonomous AI agent payments and commerce

May 7, 2026 Jackson Miller

Cryptocurrency exchange OKX has launched a new open-standard payment protocol designed specifically for autonomous artificial intelligence agents, aiming to enable more complex and independent financial interactions between software programs without direct human oversight. The new cross-chain Agent Payments Protocol (APP) was announced on Wednesday and is positioned as a foundational layer for machine-to-machine commerce. How […]

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 […]