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Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining

News CoinTelegraph 2026-05-07 14:20

Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.

South Korea confirms 22% crypto tax starting January 2027: Report

News CoinTelegraph 2026-05-07 14:20

South Korea’s Finance Ministry has reportedly confirmed for the first time that a 22% tax on crypto gains will proceed as scheduled in January 2027.

Bitcoin tests Bollinger Bands breakout as creator flips bullish on BTC

News CoinDesk 2026-05-07 14:20

Ethereum Nears Critical Breakout Point as Analyst Eyes $1.6K or $4.8K Move

News CryptoPotato 2026-05-07 14:00

A sustained move above realized price could shift market behavior by returning a large portion of holders to profit.

Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg

News Decrypt 2026-05-07 14:00

The deal marks Kraken's largest acquisition as it pushes into Asian cross-border payments through stablecoin infrastructure.

Consensus Miami Day 3: Real-time coverage and highlights from on the ground

News CoinDesk 2026-05-07 14:00

$202 Million Bitcoin Whale Move Ignites Supercycle Buzz as Legendary Signals Flash Bullish

News BeInCrypto 2026-05-07 13:40

A new Bitcoin whale wallet pulled 2,500 BTC off Binance as Bollinger and RSI signals flipped bullish. The post $202 Million Bitcoin Whale Move Ignites...

The Psychology of Instant Settlement in Online Spending: With a Crypto Casino Lens

News AMBCrypto 2026-05-07 13:40

Instant settlement does more than accelerate transactions. It reshapes how users interpret risk, control, and platform reliability in the moments imme...

BitGW sees rapid user growth following KYC expansion to seven new jurisdictions

News AMBCrypto 2026-05-07 13:40

On April 2, 2026, BitGW officially extended KYC support to users in Singapore, Qatar, Oman, Kuwait, Saudi Arabia, Taiwan, and Monaco, marking a contin...

Record 1.26% of XRP Supply Now Unavailable Due to ETF Rally, Testing the $1.50 'Glass Ceiling'

News U.Today 2026-05-07 13:20

XRP supply hits record illiquidity as 1.26% of supply migrates to ETFs, creating a $1.1 billion institutional floor beneath the 75-day price deadlock.

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