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  • MAY 9, 2026 (1)

  • Ethereum Nidhi Kolhapur May 9, 2026 06:03 UTC

    Ethereum’s Share of DeFi TVL Drops to 54%

    Ethereum has seen its dominance in DeFi Total Value Locked decline from 63.5% at the start of 2025 to around 54%, according to DeFiLlama data cited by CryptoSlate. Despite losing market share to competing blockchain ecosystems, Ethereum remains the largest DeFi network with approximately $45.4 billion in TVL. The shift highlights growing competition from alternative Layer 1 and Layer 2 platforms as users increasingly diversify liquidity and on-chain activity across multiple blockchain ecosystems.

  • MAY 8, 2026 (10)

  • Bitcoin Nidhi Kolhapur May 8, 2026 12:12 UTC

    Swiss Bitcoin Reserve Campaign Fails to Reach Referendum Threshold

    A campaign pushing the Swiss National Bank to hold Bitcoin in its reserves is expected to lapse after supporters failed to gather the 100,000 signatures required for a national referendum. According to Reuters, crypto advocates collected only around half the needed signatures. The Swiss National Bank has repeatedly opposed the proposal, arguing that cryptocurrencies remain too volatile and lack sufficient liquidity to meet the standards required for national reserve assets.

  • Ethereum Struggles as Traders Await CLARITY Act Catalyst

    Ethereum continues to underperform against Bitcoin as traders remain cautious amid regulatory uncertainty surrounding the proposed CLARITY Act. Market sentiment suggests ETH could face additional downside before a potential reversal tied to the bill’s approval, reflecting a possible “sell the rumor, buy the news” setup. Analysts note that Bitcoin previously bottomed during major geopolitical uncertainty, and some traders now expect a similar capitulation phase for Ethereum before stronger accumulation returns.

  • Crypto news Nidhi Kolhapur May 8, 2026 11:44 UTC

    U.S. Treasury Executes $4B Debt Buyback to Boost Market Liquidity

    The United States Department of the Treasury conducted a $4 billion debt buyback as part of broader efforts to improve market liquidity and stabilize trading conditions. The operation follows another $4 billion repurchase targeting 10- to 20-year bonds on May 7, with total buyback activity for the week reaching roughly $6 billion. The Treasury has outlined plans for approximately $38 billion in liquidity support during the second quarter, signaling continued intervention to maintain smooth functioning across U.S. bond markets.

  • Altcoins Nidhi Kolhapur May 8, 2026 11:29 UTC

    Crypto Whale Builds $16.7M Bet on TON, NEAR, and AI Tokens

    A major crypto whale identified as 0x84b3 has accumulated roughly $16.7 million in long positions across high-beta AI, privacy, and infrastructure tokens. On-chain data from Hypurrscan shows the wallet holding large positions in NEAR Protocol, Starknet, Monero, and Toncoin, alongside smaller allocations in AZTEC and Pump.fun. The positioning suggests growing speculative appetite for AI-linked, scalable, and privacy-focused crypto ecosystems.

  • Exchange News Nidhi Kolhapur May 8, 2026 11:26 UTC

    Upbit Lists Pharos (PROS) on KRW, BTC and USDT Markets

    Upbit will list Pharos trading pairs against KRW, BTC, and USDT on May 8, expanding access to the emerging Layer 1 project. Pharos is an EVM-compatible blockchain built on an asynchronous BFT-based proof-of-stake consensus mechanism designed to improve scalability and network efficiency. The listing on South Korea’s largest crypto exchange could increase liquidity and market visibility for PROS as competition among Layer 1 ecosystems continues to intensify.

  • Bitcoin Nidhi Kolhapur May 8, 2026 11:24 UTC

    Bitcoin Open Interest Records Biggest Surge of 2026

    Bitcoin open interest has posted its strongest increase of 2026, surpassing levels seen during Bitcoin’s previous all-time high formation. The surge signals renewed trader activity in futures markets, despite funding rates remaining broadly negative in recent weeks. Binance continues to dominate derivatives trading with roughly 34% market share and $2.5 billion in average monthly open interest, followed by Gate.io and Bybit. Analysts say the trend reflects returning market optimism, though rising leverage also increases liquidation risks and potential volatility.

  • Bithumb Expands Into Vietnam With New Crypto Exchange Partnership

    Bithumb has signed an agreement with SSID, a subsidiary of Vietnam’s largest securities firm SSI, to launch a digital asset exchange in Vietnam. The partnership will focus on crypto wallets, custody, compliance, security, risk management, and product development. Subject to regulatory approval, Bithumb could also make a strategic investment in the venture. The move highlights growing competition among Asian exchanges to expand into emerging crypto markets with developing digital asset regulations.

  • Exchange News Nidhi Kolhapur May 8, 2026 06:31 UTC

    Coinbase Is Down After AWS Infrastructure Failure Disrupts Trading

    Coinbase experienced major service disruptions after increased temperatures impacted the use1-az4 Availability Zone in Amazon’s AWS US-EAST-1 region. The exchange confirmed it would gradually restore operations by first placing all markets into “Cancel Only” mode before re-enabling trading. The outage came shortly after Coinbase reported weaker-than-expected earnings, intensifying scrutiny over the platform’s infrastructure resilience. The incident also highlighted the risks of heavy reliance on centralized cloud providers during periods of elevated crypto market activity.

  • Bitcoin Nidhi Kolhapur May 8, 2026 06:22 UTC

    $2B in Bitcoin & Ethereum Options Set to Expire on May 8th

    Around 20,000 Bitcoin options worth $1.6 billion and 182,000 Ethereum options worth $410 million are set to expire on May 8. Bitcoin’s put-call ratio stands at 0.73 with a max pain level of $79,500, while Ethereum’s ratio is 0.93 with max pain at $2,350. Despite Bitcoin’s rally toward $82,000 this week, implied volatility and options activity remain muted, signaling cautious sentiment and a broader market consolidation phase rather than aggressive speculative positioning.

  • Stablecoin Nidhi Kolhapur May 8, 2026 06:17 UTC

    Tether Freezes $515M in USDT Across Ethereum and Tron

    Tether has frozen roughly $515 million worth of USDT across TRON and Ethereum over the past 30 days, according to BlockSec’s USDT Freeze Tracker. The blacklist action affected 371 wallet addresses, including 329 on Tron and 42 on Ethereum. Most frozen funds were located on Tron, totaling about $506 million, while Ethereum accounted for approximately $8.73 million. The move highlights Tether’s increasing enforcement activity and growing focus on compliance and illicit transaction monitoring.