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BNY, the world's largest custodian bank overseeing $59.4 trillion in assets, has announced a strategic collaboration with Finstreet Limited and ADI Foundation to build regulated, institutional-grade d

BNY, the world's largest custodian bank overseeing $59.4 trillion in assets, has announced a strategic collaboration with Finstreet Limited and ADI Foundation to build regulated, institutional-grade digital asset custody infrastructure anchored in the Abu Dhabi Global Market (ADGM) - marking the first time a US global systemically important bank has brought crypto custody to the UAE.

The announcement, made on May 7 via BNY's official newsroom, positions Abu Dhabi as the geographic anchor for an initiative that begins with Bitcoin and Ethereum custody before expanding into stablecoins, tokenized real-world assets, and other regulated digital instruments. All efforts remain subject to definitive agreements and relevant regulatory approvals, per the official release.

Bitcoin's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Three Institutions, Three Distinct Roles The architecture of the collaboration reflects three distinct layers of infrastructure, each contributed by a different partner. BNY brings its globally recognized custody backbone - the institution has offered digital asset custody to a select group of US clients since 2022, and obtained a Category 4 license in ADGM ahead of this expansion.

Finstreet Limited, a subsidiary of International Holding Company (IHC) through Sirius International Holding and based within ADGM,

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BNY, the world's largest custodian bank overseeing

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President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies - 

The Trump administration has reportedly invited executives from some of America's largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor re

The Trump administration has reportedly invited executives from some of America's largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is expected to focus heavily on U.S.-China trade relations, investment opportunities, and major business agreements.Among the companies said to be included on the invitation list are Nvidia, Apple, ExxonMobil, Boeing, Qualcomm, Blackstone, Citigroup, and Visa. Sources familiar with the matter confirmed that Citigroup CEO Jane Fraser received an invitation, while Qualcomm CEO Cristiano Amon is expected to attend if the trip proceeds as scheduled. Reuters could not independently verify the complete list of invited companies, but multiple sources said several CEOs received invitations on Wednesday evening. The White House and several companies, including Apple, ExxonMobil, Citigroup, and Visa, declined to comment on the report. Boeing and Blackstone also chose not to provide statements.Nvidia CEO Jensen Huang addressed the speculation during an interview with CNBC's Jim Cramer, saying he would be honored to represent the United States if invited. Huang added that any official announcement should come directly from President Trump. The planned Beijing visit has fueled expectations of new economic agreements between the United States and China, especially involving major American corporations seeking expanded access to the Chinese market. One of the most closely watched developments involves Boeing, which has been negotiating a potential aircraft deal with China for years. Boeing CEO Kelly Ortberg told Reuters in April that the company hoped the Trump administration could help finalize a long-anticipated order from China. Industry sources believe the agreement could include approximately 500 Boeing 737 MAX aircraft along with dozens of widebody jets. If completed

The Trump administration has reportedly invited ex

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$110K Spring Airdrop Rain—18 Days Straight!BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation Contest AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick 

$110K Spring Airdrop Rain—18 Days Straight!

AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick InIn brief
AUSTRAC has launched two targeted supervisory campaigns into Australia's virtual assets sector as new regulatory reforms take effect.
The campaigns assess money laundering risk management as Australia expands regulation beyond traditional exchanges.
Australia’s new laws broaden coverage to include custody, brokerage, and other virtual asset service providers.
Australia's financial intelligence unit AUSTRAC has launched two targeted supervisory campaigns into the country's virtual assets sector as landmark anti-money laundering reforms take effect.

"AUSTRAC is checking how well crypto businesses in Australia are managing money-laundering risks, ahead of major new laws coming into force," said the regulator’s Chief Executive Officer Brendan Thomas in a statement.

AUSTRAC Launches Supervision Campaigns as Australi

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HTX Creation Challenge — Post and Win 1,500U 💥HTX Community April Creation ContestBTC Price Guess: 18M HTX Awaits You The Popular Altcoin of Recent Days Will Be Ready for Quantum Risk Within a Year! O

The Popular Altcoin of Recent Days Will Be Ready for Quantum Risk Within a Year! Official Announcement Released!
Recently, Bitcoin (BTC) and altcoins have been warned that the quantum computing threat poses a significant risk and that urgent action is needed.

While many altcoins have taken significant steps in this regard, the latest move comes from Zcash ($ZEC), a popular altcoin in recent days.

Accordingly, Zcash aims to launch a wallet with quantum recovery capabilities next month.

Zcash ($ZEC) plans to launch a wallet with quantum recovery capabilities within a month and to transition its network to a fully post-quantum system within the next 12 to 18 months.

Speaking at the Consensus event in Miami, Josh Swihart, CEO of Zcash Open Development Lab, said the company has created a framework that allows users to securely transfer and recover assets in preparation for future threats that may arise from quantum computing.



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BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥Bitcoin and ethereum prices today, Friday, May 8, 2026: Prices holding following st

Bitcoin and ethereum prices today, Friday, May 8, 2026: Prices holding following strong jobs report Bitcoin (BTC-USD) opened at $80,015.27 on Friday, down 1.7% from Thursday's opening price of $81,428.85. The value of bitcoin rose to $80,206.01 by 7:18 a.m ET. Following the employment report, bitcoin is holding at $80,103.35 at 10:58 a.m. ET.

Ethereum (ETH-USD) opened at $2,290.98 on Friday, down 2.5% from Thursday's opening price of $2,350.85. The value of ethereum was steady as of 7:18 a.m. ET, at $2,289.85. The price of ethereum was also steady following the strong jobs report, at $2,283 at 10:58 a.m.

Since Monday, bitcoin is up 1.98% this morning, while ethereum is down 1.60%. Investors of all stripes were cautiously heading into the day ahead of the latest monthly job numbers and following violent escalations between the U.S. and Iran on Thursday.

Bitcoin and ethereum prices today, Friday, May 8,

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BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation ContestHTX Creation Challenge — Post and Win 1,500U 💥 The Value of Bitcoin Dropped to 2 Cents on a Cryptocurrency ExchangeA notable pric

The Value of Bitcoin Dropped to 2 Cents on a Cryptocurrency ExchangeA notable price anomaly occurred in the cryptocurrency market. On the UK-based fintech platform Revolut, the price of Bitcoin briefly dropped to approximately $0.019.

According to screenshots shared by users on the social media platform X, the Bitcoin price appeared to some users today as just a few cents.

The incident at Revolut, which has over 70 million global users, was reported to be very brief, with prices quickly returning to normal levels. Users speculated that the event may have been caused by a display error, a sudden price deviation due to liquidity, or an order book error.

Related News Network Activity on XRP Has Dropped, Deposits to Exchanges Have Increased: What's Going On?

On the other hand, the price data on Revolut’s official website presented a different picture than what X users shared. According to the data on the platform, the Bitcoin price fell below the $39,900 level around 10:15 AM Turkish time on May 8th. However, this drop was quickly reversed.

There has been no official statement so far regarding whether any users have purchased Bitcoin at these unusually low prices.

*This is not investment advice.





The Value of Bitcoin Dropped to 2 Cents on a Crypt

HTX Community April Creation Contest$110K Spring Airdrop Rain—18 Days Straight!HTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin hit $82,833 on Wednesday as Trump paused Gulf ship escorts and U.S

Bitcoin hit $82,833 on Wednesday as Trump paused Gulf ship escorts and U.S.-Iran peace talks advanced.

Geopolitical swings caused $188 million in liquidations, though Bitfinex saw $375 million in spot demand.

Analysts eye a close above $84,766 to sustain the rally, while a drop below $78,000 would invalidate it.

Bitcoin surged to another multi-month high on Wednesday, May 6, after President Donald Trump announced a pause to an operation to escort ships stranded in the Gulf. The cryptocurrency was further boosted by reports that Washington and Tehran were closer to an agreement than at any time since the start of the war.As shown by bitcoin’s daily chart, both the announcement and the reports—which also saw the price of Brent crude oil momentarily dip below $100 per barrel—triggered a sharp ascent that resulted in the cryptocurrency peaking at $82,833. This surge saw bitcoin’s market cap nearly reach $1.66 trillion, a $20 billion gain from the early morning session peak of $1.64 trillion.However, in keeping with its own policy of maintaining pressure on Trump, the Iranian establishment responded by reportedly issuing a statement that once again appeared to undercut the president’s optimistic social media post. As carried by several media outlets, Iran revealed hours after Trump’s remarks that it had the “Persian Gulf Strait Authority” to oversee maritime transit passage through the Strait of Hormuz.

While this may be an Iranian negotiating tactic, the strategy appeared to work as oil prices jumped slightly, with Brent crude rising to $102 per barrel. According to some observers, Iran’s calculus is simple: Maintain elevated oil prices long enough, and the Trump administration will be forced to accede to most of Tehran’s demands. However, with the blockade on Iranian ports remaining in place, the gamble may be too costly.

Although gl

Bitfinex Analysts Flag $84,766 Trigger as Bitcoin

The S&P 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence - EconoTim

Bitcoin (BTC) News - Different Update Bitcoin is gaining attention because several analysts believe the market may be entering a new long-term cycle driven by institutional adoption and macroeconomic 

Bitcoin (BTC) News - Different Update
Bitcoin is gaining attention because several analysts believe the market may be entering a new long-term cycle driven by institutional adoption and macroeconomic shifts.
Recent reports highlight that Bitcoin holding above the $76K-$80K zone is being viewed by some analysts as a sign of possible market recovery after months of volatility.
Fundstrat analyst Tom Lee recently stated that Bitcoin closing strongly this month could confirm the beginning of a new bullish cycle.
CoinDesk + 1
Another major development is the continued expansion of institutional involvement in Bitcoin ETFs and treasury holdings. Large financial companies and investment firms are still increasing exposure to crypto-related products despite market uncertainty.
DL News +1
At the same time, regulatory discussions in the U.S. are improving market sentiment.
Progress on crypto legislation and clearer classification of digital assets are helping investors regain confidence in the sector.
Fast Company +1
Price Prediction (BTC)
Short-term range: $78,000 - $85,000
Bullish breakout target: $95,000 - $110,000
Bearish downside zone: $70,000 - $74,000
Analysts say Bitcoin could remain volatile in the short term, but stronger institutional flows may support long-term growth.

Bitcoin (BTC) News - Different Update Bitcoin is g

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according to NLNico, the listed company Coinsilium Group's subsidiary Forza increased its holdings by 57.54 BTC, with a total holding of 181.96 BTC.

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