Latest Crypto News | CoinDesk

[CoinDesk 20$2,131.072.11%](https://www.coindesk.com/price/cd20) [Bitcoin$79,746.941.82%](https://www.coindesk.com/price/bitcoin) [Ethereum$2,282.102.23%](https://www.coindesk.com/price/ethereum) [XRP$1.392.18%](https://www.coindesk.com/price/xrp) [Solana$88.251.47%](https://www.coindesk.com/price/solana) # Latest Crypto News Today [Markets](https://www.coindesk.com/markets "Markets") [**Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking**](https://www.coindesk.com/markets/2026/05/08/bitcoin-s-usd80k-breakout-fizzles-as-analysts-split-on-whether-rally-has-legs) CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery. 7 minutes ago [](https://www.coindesk.com/markets/2026/05/08/bitcoin-s-usd80k-breakout-fizzles-as-analysts-split-on-whether-rally-has-legs "Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking") [Markets](https://www.coindesk.com/markets "Markets") [**Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors**](https://www.coindesk.com/markets/2026/05/08/perp-dexs-still-don-t-work-for-institutions-consensus-panelists-explain-why) Panelists at Consensus Miami said institutional investors are still largely absent from perp DEXs, citing security risks and KYC friction as key barriers. 1 hour ago [](https://www.coindesk.com/markets/2026/05/08/perp-dexs-still-don-t-work-for-institutions-consensus-panelists-explain-why "Consensus panelists explain why Perp DEXes remain a tough sell for institutional investors") [Markets](https://www.coindesk.com/markets "Markets") [**AI agents could solve crypto’s user problem**](https://www.coindesk.com/markets/2026/05/08/ai-agents-could-solve-crypto-s-user-problem) Chappy Asel says autonomous software may be more natural users of wallets and stablecoins than humans, though agentic payments remain mostly theoretical. 3 hours ago [](https://www.coindesk.com/markets/2026/05/08/ai-agents-could-solve-crypto-s-user-problem "AI agents could solve crypto’s user problem") [Markets](https://www.coindesk.com/markets "Markets") [**Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record**](https://www.coindesk.com/markets/2026/05/08/bitcoin-slips-to-usd79-000-doge-leads-majors-losses-as-negative-funding-rates-set-10-year-record) Bitcoin pulled back from this week's $81,500 high after U.S. forces fired on Iranian targets, while crypto futures markets logged their 67th straight day of negative funding rates, the longest streak in a decade per K33 Research. 3 hours ago [](https://www.coindesk.com/markets/2026/05/08/bitcoin-slips-to-usd79-000-doge-leads-majors-losses-as-negative-funding-rates-set-10-year-record "Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record") Advertisement May 7 [Finance](https://www.coindesk.com/business "Finance") [**Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance**](https://www.coindesk.com/business/2026/05/07/coinbax-wins-usd20-000-pitchfest-prize-at-consensus-miami-for-stablecoin-compliance) Coinbax took the top spot at Consensus Miami with software built to add compliance controls to onchain payments. 10 hours ago [](https://www.coindesk.com/business/2026/05/07/coinbax-wins-usd20-000-pitchfest-prize-at-consensus-miami-for-stablecoin-compliance "Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance") [Tech](https://www.coindesk.com/tech "Tech") [**Privacy and accountability can coexist onchain, say panelists at Consensus Miami**](https://www.coindesk.com/tech/2026/05/07/privacy-and-accountability-can-coexist-onchain-say-panelists-at-consensus-miami) Public blockchains make transactions traceable, but that transparency can come at the expense of user privacy. Speakers from Moody’s Ratings and ChangeNOW said that hybrid blockchain architecture and address-level monitoring can help solve both problems simultaneously. 11 hours ago [](https://www.coindesk.com/tech/2026/05/07/privacy-and-accountability-can-coexist-onchain-say-panelists-at-consensus-miami "Privacy and accountability can coexist onchain, say panelists at Consensus Miami") [Finance](https://www.coindesk.com/business "Finance") [**AI agents and large corporates will lead the next stablecoin boom, executives say**](https://www.coindesk.com/business/2026/05/07/ai-agents-and-large-corporates-will-lead-the-next-stablecoin-boom-executives-say) Stablecoins are entering a new phase of adoption, with large corporations using them for cross-border treasury flows while AI agents begin using blockchain rails for autonomous payments, Bridge and Deus X Capital executives said at Consensus 2026. 11 hours ago [](https://www.coindesk.com/business/2026/05/07/ai-agents-and-large-corporates-will-lead-the-next-stablecoin-boom-executives-say "AI agents and large corporates will lead the next stablecoin boom, executives say") [Markets](https://www.coindesk.com/markets "Markets") [**Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown**](https://www.coindesk.com/markets/2026/05/07/coinbase-stock-drops-4-after-surprise-1q-miss-as-crypto-trading-slows) The crypto platform missed on the top and bottom lines as falling digital asset prices weighed on trading activity and investor sentiment. 11 hours ago [](https://www.coindesk.com/markets/2026/05/07/coinbase-stock-drops-4-after-surprise-1q-miss-as-crypto-trading-slows "Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown") Advertisement [Finance](https://www.coindesk.com/business "Finance") [**CZ floats Binance.US revival to give U.S. users access to global crypto liquidity**](https://www.coindesk.com/business/2026/05/07/cz-floats-binance-us-revival-to-give-u-s-users-access-to-global-crypto-liquidity) The Binance founder said BNB Chain is the optimal payments rail for automated transactions between AI agents, noting that U.S. crypto policies are improving. 13 hours ago [](https://www.coindesk.com/business/2026/05/07/cz-floats-binance-us-revival-to-give-u-s-users-access-to-global-crypto-liquidity "CZ floats Binance.US revival to give U.S. users access to global crypto liquidity") [Policy](https://www.coindesk.com/policy "Policy") [**Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry**](https://www.coindesk.com/policy/2026/05/07/tether-executive-warns-the-2026-midterms-could-have-seismic-impact-on-crypto-industry) Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically. 14 hours ago [](https://www.coindesk.com/policy/2026/05/07/tether-executive-warns-the-2026-midterms-could-have-seismic-impact-on-crypto-industry "Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry") [Finance](https://www.coindesk.com/business "Finance") [**Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says**](https://www.coindesk.com/business/2026/05/07/bitmine-to-slow-down-ether-purchases-as-it-nears-accumulation-goal-tom-lee-says) At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks. 14 hours ago [](https://www.coindesk.com/business/2026/05/07/bitmine-to-slow-down-ether-purchases-as-it-nears-accumulation-goal-tom-lee-says "Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says") [Finance](https://www.coindesk.com/business "Finance") [**'DeFi is not dead,' it’s going mainstream with AI agents, crypto executives agree**](https://www.coindesk.com/business/2026/05/07/defi-is-not-dead-it-s-going-mainstream-with-ai-agents-crypto-executives-say) DeFi and its underlying technology have already proved themselves at scale, said eToro CEO Yoni Assia. 14 hours ago [](https://www.coindesk.com/business/2026/05/07/defi-is-not-dead-it-s-going-mainstream-with-ai-agents-crypto-executives-say "'DeFi is not dead,' it’s going mainstream with AI agents, crypto executives agree") Advertisement [Finance](https://www.coindesk.com/business "Finance") [**Donald Trump Jr. denies rumors World Liberty Financial is falling apart**](https://www.coindesk.com/business/2026/05/07/donald-trump-jr-denies-rumors-world-liberty-financial-is-falling-apart) World Liberty Financial co-founder Donald Trump Jr. and co-founder and CEO Zach Witkoff pushed back on recent online rumors as the crypto firm battles Justin Sun in court. 14 hours ago [](https://www.coindesk.com/business/2026/05/07/donald-trump-jr-denies-rumors-world-liberty-financial-is-falling-apart "Donald Trump Jr. denies rumors World Liberty Financial is falling apart") [Finance](https://www.coindesk.com/business "Finance") [**Amazon’s new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots**](https://www.coindesk.com/business/2026/05/07/amazon-rolls-out-ai-agent-stablecoin-payments-platform-with-coinbase-and-stripe) Amazon said AI agents for now will be allowed to buy APIs, web content and other online services, but that future versions would enable hotel bookings, travel reservations and payments to merchants. 15 hours ago [](https://www.coindesk.com/business/2026/05/07/amazon-rolls-out-ai-agent-stablecoin-payments-platform-with-coinbase-and-stripe "Amazon’s new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots") [Markets](https://www.coindesk.com/markets "Markets") [**Bitcoin ending May above $76,000 would confirm new bull market, Tom Lee says**](https://www.coindesk.com/markets/2026/05/07/bitcoin-ending-may-above-usd76-000-would-confirm-new-bull-market-tom-lee-says) Tokenization and AI agentic finance are the main narratives driving the next bull cycle in crypto, Lee said at Consensus 2026. 15 hours ago [](https://www.coindesk.com/markets/2026/05/07/bitcoin-ending-may-above-usd76-000-would-confirm-new-bull-market-tom-lee-says "Bitcoin ending May above $76,000 would confirm new bull market, Tom Lee says") [Finance](https://www.coindesk.com/business "Finance") [**The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital**](https://www.coindesk.com/business/2026/05/07/anchorage-says-it-has-a-pipeline-of-up-to-20-big-firms-looking-to-issue-stablecoins) Since the Genius Act passed, Anchorage has won every single large stablecoin issuance mandate across the landscape, according to the firm’s CEO Nathan McCauley. 15 hours ago [](https://www.coindesk.com/business/2026/05/07/anchorage-says-it-has-a-pipeline-of-up-to-20-big-firms-looking-to-issue-stablecoins "The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital") Advertisement More stories * * *