Cointelegraph

Solana does not yet have “convincing signs” that it could overtake Ethereum as the blockchain of choice for institutions, as its revenue is seen as unstable due to its memecoin concentration, according to crypto bank group Sygnum.
In a May 8 blog post, Sygnum said that the current sentiment

Fresh off its most recent Bitcoin purchase, Japanese investment firm Metaplanet is raising more funds through another bond issue to expand its growing crypto treasury.
Through a $21.25 million issue of “0% Ordinary Bonds,” the firm said in a May 9 statement that the “funds raised will be

American fast food outlet Steak ‘n Shake has announced it will begin accepting Bitcoin as payment at all locations starting on May 16.
The firm said on X on May 9 that it was making the cryptocurrency available to more than 100 million customers, adding that “the movement is just beginning,”

Ether surged 20% in the past 24 hours following the launch of the Pectra upgrade, with some crypto traders suggesting the growing number of ETH long positions could mark a “turning point” for the asset that has faced uncertain sentiment throughout most of 2025.
At the time of publication, Ether (ET

Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant.
A May 8 report from Bloomberg, citing people familiar with the matter, said the

The 22-year-old developer of Zerebro, who apparently committed suicide during a livestream on May 4, is actually alive, according to a San Francisco news outlet that claims they spoke to Yu outside his family home
The San Francisco Standard reporter George Kelly claimed on May 8 that he briefly sp

A man from the US state of Virginia will spend over three decades behind bars after being convicted of sending crypto to the terrorist organization commonly known as the Islamic State of Iraq and Syria.
Federal Judge David Novak sentenced Mohammed Azharuddin Chhipa to 30 years and four months in

Rumble’s pro-crypto founder and CEO has confirmed that the firm will launch its Bitcoin and stablecoin wallet in the third quarter of this year, aimed at giving the Coinbase Wallet a run for its money
The Rumble Wallet will be launched in partnership with stablecoin issuer Tether and compete

Bitcoin mining firm MARA Holdings (MARA) nearly tripled its Bitcoin holdings over 12 months, according to its newly released Q1 results.
However, its Bitcoin production fell, and total earnings slightly missed Wall Street estimates in Q1.
MARA, formerly Marathon Digital, saw its Bitcoin (BTC) hold

A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga.
The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple t

Tech company Meta is reportedly exploring integrating stablecoin payments into its platforms after a three-year hiatus from cryptocurrencies, Fortune reported, citing sources familiar with the matter.
The Facebook parent held talks with several crypto infrastructure firms in consultation but has

Key takeaways:
97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price.
Short covering above $105,000 could trigger a Bitcoin price rally to new highs.
Bitcoin (BTC) soared above $101,000 on May 8, reaching its highest level in over three months. The 4.6% daily BT

Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who faces federal campaign finance charges, is pushing for dismissal on the grounds that US prosecutors deceived her husband in a plea deal.
In a May 7 filing in the US District Court for the Southern District of New York, Bo

The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud.
Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and

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Key takeaways:
XRP surged on May 8, boosted by risk-on sentiment following Donald Trump’s teased trade deal with the UK.
Whale accumulation continues, with the number of addresses holding 10,000+ XRP rising steadily on price dips.
XRP broke above a key falling wedge resistance, increasing the

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