Trump Tells Reporters Gas Is ‘Way Down’ — US Pump Prices Say Otherwise – Bitcoin News
Key Takeaways Trump claimed gas prices fell “very substantially” on May 8, but AAA data shows they rose to $4.52/gal that day. The U.S.-Iran conflict disrupted roughly 20% of global oil supply, pushing Brent crude past $100/barrel in May 2026….
Stablecoin Market Adds $2 Billion in 7 Days as USDT Holds Near $190 Billion – Bitcoin News
Key Takeaways Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market. Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto. USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the…
BTC Holds $80K While Momentum Starts Heating Up
Key Takeaways Bitcoin held above $80K on May 10, 2026, preserving a bullish higher-low structure. Chart data showed 12 positive moving average (MA) signals as BTC neared $81.1K resistance. Market data shows $17.7B volume, with traders watching bitcoin for a…
Fed Survey Shows AI Concerns Rising Across Markets, Credit and Jobs
Key Takeaways Artificial intelligence ranked among the most-cited risks in the Fed’s latest financial stability survey. Debt-funded AI spending could increase leverage across companies, lenders, and funding markets. Private credit and labor pressures may widen AI’s impact if market expectations…
Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Collapse’
Key Takeaways Colombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse. Paraguay holds the 4th largest global hashrate, while Venezuela’s 9-year peak energy crisis halted mining. Petro wants 3 Caribbean cities to mine Bitcoin, though the 2026…
Privacy Narrative Makes Comeback, Ton Jumps, Clarity Comes Into View, and More
Key Takeaways Senate Banking neared a CLARITY Act vote, setting up a pivotal U.S. crypto market test in 2026. Pavel Durov drove TON up 32% to $2.89, putting Telegram-led adoption in focus next. Tether froze $515M in 371 wallets as…
90% of Peru’s $28 Billion Crypto Market Is Now Driven by Stablecoins
Key Takeaways Binance’s Daniel Acosta notes 90% of Peru’s $28B annual crypto volume now involves dollar-pegged stablecoins. Lemon reports Peru hit the top 6 crypto economies in 2025, with stablecoins cutting remittance costs significantly. Next, Acosta predicts institutions will seamlessly…
Ripple’s RLUSD Grant Results Show How $25M Reached US Classrooms
Key Takeaways Ripple delivered most education funding in RLUSD, supporting classrooms through major nonprofit partnerships. DonorsChoose funded 48,108 projects, with most serving schools in low-income communities. Teach For America expanded stipends, tutoring, and blockchain education for students nationwide. Ripple’s RLUSD…
Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock
Key Takeaways The Cryptoquant Korea Premium Index (KPI) hit 1.98% on May 7 as BTC topped $80K across South Korean exchanges. Upbit and Bithumb saw BTC swing from -2.27% to premiums amid 2026 war-driven volatility. Samsung Electronics and SK Hynix…
US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles
Key Takeaways U.S. credit card debt hit a record $1.33T in May 2026, the highest since the Fed began tracking. The personal savings rate fell to 4.0% in Q1 2026 as average credit card APR reached 21%. Bitcoin advocates cite…
