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DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report

Coins Legend May 7, 2026 0

Federal investigators are examining oil futures trades totaling more than $2.6 billion. The Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are probing large bets placed before Iran-related announcements from President Donald Trump and Iranian Foreign Minister Abbas

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The Alchemy Chain Mainnet is Live

Coins Legend May 7, 2026 0

This sponsored press release was provided by Alchemy Pay and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Alchemy Pay today announced the launch of the Alchemy Chain mainnet, marking a major milestone in its evolution toward building a globally compliant stablecoin payment

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Bitwise Enters Tokenized Fund Market With $278M USCC Takeover

Coins Legend May 7, 2026 0

Bitwise is entering tokenized funds by taking over USCC, a $277.8 million crypto carry fund that will keep its ticker, smart contracts, and token address. The move gives Bitwise its first tokenized fund while Superstate continues supporting the onchain infrastructure. Bitwise Enters Tokenized Funds With USCC Management Shift Bitwise Asset Management announced May 7 that

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‘Fully Invested’: Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market

Coins Legend May 7, 2026 0

John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced

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Quantmap Co-Founder Warns Single-Platform Influencers Could Be Hiding Botted Fans

Coins Legend May 7, 2026 0

To combat fraud by so-called influencers, Quantmap co-founder Ivan Patriki encourages investors to vet influencers by looking for authentic, cross-platform engagement. The Collapse of Influence A study conducted in late 2024 pulled back the curtain on the “shill culture” permeating the Web3 ecosystem after revealing that a staggering 76% of X-based influencers leveraged

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Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion

Coins Legend May 7, 2026 0

Core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale power capacity for AI and high-performance computing customers. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The

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Toncoin Jumps 32% in 24 Hours as Pavel Durov Pushes Telegram Deeper Into TON

Coins Legend May 7, 2026 0

Toncoin jumped 32% to $2.89, marking a 110% increase since Telegram founder Pavel Durov announced a major strategic shift and a sixfold fee reduction. The ‘Regime Change’: Bringing TON Back in-House The native token of The Open Network, Toncoin (TON), rose to $2.89, surging by nearly 32% in 24 hours. The jump continued an ascent […]

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Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion

Coins Legend May 7, 2026 0

Hut 8 (NASDAQ: HUT) shares jumped 30% in pre-market trading on Wednesday after the company announced a new 15-year AI infrastructure lease that expands its push into hyperscale data center development. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]

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Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank

Coins Legend May 7, 2026 0

Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful

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Polymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026

Coins Legend May 7, 2026 0

The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal event. Alien Disclosure Odds Rise Among Reports Of Intelligence Meetings […]