Day: May 7, 2026

Kraken Parent Payward Buys Reap Technologies in $600M Deal

boss

Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure. Payward has entered into a definitive agreement to acquire Reap for up to $600 million, the company announced Thursday. The deal is set to be paid in a mix of cash and Payward stock, in a transaction that values Payward’s equity at $20 billion. It would expand Payward Services, the company’s B2B infrastructure platform launched in March 2026. The deal comes as crypto companies…

Dogecoin Rally Hits Make-Or-Break Zone, Crypto Analyst Warns

boss

Dogecoin’s rebound from recent lows has carried the memecoin into a dense resistance area, with crypto analyst Kevin of Kev Capital TA warning that the move remains a “counter trend rally” unless Bitcoin confirms a broader market reversal. In a May 6 market update, Kevin said Dogecoin’s recovery has so far played out in line with his prior view that the asset was likely to see a rebound from deeply oversold levels. He noted that he entered a DOGE position around $0.09 and that the trade was up roughly 26.6%…

URGENT UPDATE? Latest Crypto Market News Today & BTC – ETH Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io URGENT UPDATE? Latest Crypto Market News Today & BTC – ETH Analysis Welcome to Al Makkah Tech & Business Hub! If you are looking for the most reliable CRYPTO NEWS TODAY, you’ve come to the right place. Our mission is to provide you with the latest updates on the digital asset market, including daily Bitcoin price analysis and in-depth ethereum price analysis. Staying informed is the first step toward understanding the rapidly evolving blockchain landscape. __________________________________________ For Verified News updates Follow the…

Bitcoin stalls at 200-day average, rekindling fears of a “false breakout”

boss

Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slipped back under $81,000, reviving comparisons with the March 2022 breakout that quickly reversed into a deep selloff. Summary Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slid back below $81,000, triggering comparisons with the failed breakout of March 2022. The CoinDesk Smart Contract Platform Index fell more than 2% in 24 hours, making it the weakest major sector, as broader crypto risk appetite softened. Analysts at Marex and FxPro say the uptrend is…

Samourai Wallet Founder Writes From Prison Asking Bitcoin Community For Help — Family Is Out Of Options

boss

Keonne Rodriguez, co-founder of the now-shuttered Bitcoin privacy wallet Samourai Wallet, has published an appeal from federal prison asking the Bitcoin community for donations to help cover more than $2 million in accumulated legal debt — after acknowledging that hopes for a presidential pardon have effectively faded. Related Reading Rodriguez, 37, is five months into a 60-month sentence at FPC Morgantown, a federal prison camp in West Virginia. In a post published on X on May 6, written in his own name, he described a financial situation that has left…

6 Legit Bitcoin Mining Apps For Android & iOS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🪙 Check out my Free Money & Crypto Course: Discover 6 Legit Bitcoin Mining Apps for Android & iOS that let you earn Bitcoin without spending a dime! These apps are easy to use, free to join, and perfect for getting started right away. Watch now to see how they work and learn about the pros and cons of each—don’t miss out on this chance to start earning Bitcoin today! 🪙 Get a Ledger Wallet to keep your crypto safe: 🪙 Use…

South Korea Confirms 22% Crypto Tax Goes Ahead in January 2027

boss

South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027. Moon Kyung-ho, director of the ministry’s income tax division, announced at an emergency parliamentary forum on virtual asset taxation held at the National Assembly Members’ Office Building in Seoul on Thursday, according to South Korea news outlet Edaily. The forum was hosted by Representative Park Soo-young of the People Power Party and the Korea Tax Policy Association. “We will proceed with virtual asset taxation as scheduled in January next…

Bitcoin Uptrend Still Healthy, But Volume Divergence Raises Questions

boss

Bitcoin continues to maintain a strong bullish structure, with price action steadily grinding higher across multiple timeframes. While bulls remain in control for now, the growing divergence between price and volume could signal slowing momentum and increase the risk of a pullback if buying pressure fails to return.  A Hold Above Key Support At $74,937 As long as Bitcoin maintains its position above the critical floor of $74,937, the current upward momentum remains intact. Market analyst Kamile Uray notes that the primary obstacle for bulls during this ascent is the…

Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market

boss

Key Takeaways John Bollinger made his first bullish call since 2025, fully investing in Bitcoin to ride the next market breakout. Following a 30-day rally, Tom Lee echoed this shift, predicting that a Bitcoin spring is the next market phase. Defying April tensions, Bitcoin topped $80K, prompting Bollinger to predict further near-term market gains. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced a difficult period that has taken digital asset prices and sentiment down, analysts believe this is nearly over. John Bollinger, inventor…

VanEck Sees Bitcoin Reach $1M on ‘Mega Adoption’ Trend

boss

Matthew Sigel, head of digital assets research at investment manager VanEck, said he sees Bitcoin (BTC) reaching seven figures within the next five years. “Bitcoin going up for us is the base case. We think this asset is going to reach a million dollars over the next several years,” Sigel said on CNBC’s Halftime Report on Wednesday. Sigel later clarified that BTC is likely to reach that threshold in “half a decade,” comparing Bitcoin’s adoption to the video game industry’s, where usage has expanded across age groups after initially being…