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• USD/CAD firmed on Thursday as investors assessed prospects of a temporary U.S.-Iran truce and awaited key domestic jobs data for fresh direction.. • The U.S. and Iran appear close to a limited, temp

• USD/CAD firmed on Thursday as investors assessed prospects of a temporary U.S.-Iran truce and awaited key domestic jobs data for fresh direction.. • The U.S. and Iran appear close to a limited, temporary agreement to halt the war, with the emerging deal expected to be a short-term memorandum rather than a comprehensive peace accord. • Canadian employment data, due on Friday, is expected to show the economy adding 15,000 jobs in April and the unemployment rate remaining at 6.7%..• The price of oil, one of Canada's major exports, clawed back some of the previous days sharp decline as investors weighed prospects the Strait of Hormuz would be reopened. • The greenback also drifted higher after data showed initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 207,000 for the week ended April
11. • Investors are pricing in two interest rate hikes from the Bank of Canada by December, according to swap market
data. • Immediate resistance is located at 1.3664(50%fib), any close above will push the pair towards 1.3680(SMA 20). • Support is seen at 1.3552(38.2%fib)and break below could take the pair towards 1.3516(Lower BB).Recommendation: Good to sell around 1.3680 with stop loss of 1.3750 and target price of 1.3600Gold is meant to be a 'safe haven' in uncertain times. Why is it crashing amid a war?Wall Street Slides as Iran War Uncertainty, Oil Surge, and Al Fears Rattle MarketsSpaceX IPO Filing Expected This Week as Valuation Could Surpass $75
BillionStagflation Shadows: U.S.
Manufacturing Shines as Services Slump to
11-Month LowScarcity and Strife: Bitcoin Hits Historic Milestone Amid Geopolitical TremorsStrategy's Multi-Billion Dollar Bitcoin
Accumulation: A 2026 Milestone

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• USD/CAD firmed on Thursday as investors assessed

MU: Top Memory Chip Maker 

Claim1,200 USDT in the Monthly Creation ChallengeHTX Creation Challenge — Post and Win 1,500U 💥Post To Earn Bonuscryptocurrency market experienced a notable pullback on May 8, 2026, with Bitcoin ($BTC

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cryptocurrency market experienced a notable pullback on May 8, 2026, with Bitcoin ($BTC) slipping below the psychologically significant $80,000 level. This move comes after a period of consolidation following April’s rally. The sudden downturn has wiped out millions in leveraged positions, bringing the total market capitalization down to approximately $2.66 trillion.

Why Is Crypto Crashing?
The primary reasons for the current crypto market decline include:

Geopolitical Instability: Renewed tensions

Crypto Crash Today: Why Is Bitcoin Crashing below

MEGA: Real-Time Execution Layer for Ethereum

On May 8, according to Fox News, the US military conducted additional airstrikes today, targeting several empty tankers attempting to breach a blockade. According to a senior US official, these were V

US Military Strikes Tankers Attempting to Breach Blockade

Bitcoin: conflicting data from the Fear & Greed Index, what does it mean? The so-called Fear & Greed Index is used to get an idea of the sentiment in the Bitcoin market. It is often used to understand

Bitcoin: conflicting data from the Fear & Greed Index, what does it mean?

The so-called Fear & Greed Index is used to get an idea of the sentiment in the Bitcoin market.

It is often used to understand what the attitude of retail investors towards the crypto ma

rket is at any given time, but sometimes it provides conflicting data.

The current one seems to be one of those moments in which the data from the Fear & Greed Index appear to be at odds with reality 



Bitcoin: conflicting data from the Fear & Greed In

Iran launched a Hormuz attack against three US Navy destroyers on May 7, with all missiles and drones reportedly intercepted. Summary Three US Navy destroyers came under Iranian missile and drone fire

Iran launches Hormuz attack on US Navy destroyers

HTX Community April Creation Contest$110K Spring Airdrop Rain—18 Days Straight!HTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin ETFs added $14 million, with Blackrock IBIT’s $22.9 million inflow

$110K Spring Airdrop Rain—18 Days Straight!

Bitcoin ETFs added $14 million, with Blackrock IBIT’s $22.9 million inflow offsetting ARKB outflows.

Ether ETFs rebounded with $23 million inflows, led by Blackrock ETHB’s $32 million after prior losses.

XRP gained $6.4 million via Bitwise, while Solana ETFs saw $1.2 million outflows led by Vaneck VSOL.

The streak is intact, but it is losing force. Crypto ETFs closed the week with another day of inflows for bitcoin, though the pace has slowed markedly. Ether returned to positive territory after a brief interruption, while activity across smaller assets remained mixed.

Bitcoin ETFs recorded modest net inflows of $14.45 million, extending their run to nine consecutive days. The underlying flows, however, reflected a market beginning to balance out.

Blackrock’s IBIT led with $22.88 million, continuing to act as the primary source of demand. Morgan Stanley’s MSBT added $11.13 million, reinforcing its steady rise among newer entrants.Elsewhere, selling pressure persisted. Ark & 21Shares’ ARKB posted a $9.02 million outflow, while Bitwise’s BITB saw an $8.85 million exit. Fidelity’s FBTC also recorded a smaller $1.69 million outflow. The inflows were enough to offset the losses, but only narrowly. Trading volume stood at $1.83 billion, with net assets closing at $102.64 billion.

Ether ETFs returned to inflows, adding $23.38 million after the prior day’s outflow. The recovery, however, was concentrated in a single product.
Blackrock’s ETHB accounted for all inflows, bringing in $32.25 million. This was partially offset by outflows of $7.71 million from Blackrock’s ETHA and $1.16 million from Fidelity’s FETH. Trading activity came in at $459.88 million, with net assets closing at $13.79 billion.Solana ETFs moved in the opposite direction, posting a $1.17 million outflow. The decline was largely driven by Vaneck’s VSOL, which saw $1.43 m


Bitcoin ETFs Add $14M as Inflow Streak Hits Nine D

HTX Community April Creation Contest$110K Spring Airdrop Rain—18 Days Straight!HTX Creation Challenge — Post and Win 1,500U 💥 Stablecoin-based cards could soon account for double-digit percentages of 

Stablecoin-based cards could soon account for double-digit percentages of all cards in some Latin American markets, John Timoney, head of strategic partnerships at Rain, a payments infrastructure platform, said.

Retail stablecoin card spend grew about 105% to 106% over the past year, Timoney said during a panel at Consensus Miami 2026. Cards are physical or virtual, allowing users to spend stablecoins such as tether and USD Coin (USDC) directly from a digital wallet for daily purchases.

Rain provides stablecoin infrastructure for card issuers and recently became a Mastercard Principal Member, allowing it to offer credit and prepaid cards on the Mastercard network. Rain and Mastercard are also exploring on-chain settlement for some card program flows using regulated stablecoins.

The company is not trying to replace card networks, Timoney said. It is trying to make stablecoin balances usable through existing networks that already reach merchants globally.

“The card networks over decades have rolled up hundreds of millions of merchants,” Timoney said. “Rain explicitly did not want to reinvent the wheel.”

Spend patterns are also becoming harder to distinguish from ordinary card activity, he said. Stablecoin card users are spending across typical merchant categories, including large global merchants and everyday purchases.

“There’s nothing too remarkable about that,” Timoney said. “And I think that is what is remarkable.”

Despite their growth, stablecoin cards account for less than 1% of global card spend, senior vice president of business development at Consensys Ray Hernandez said during the same panel.

Latin America has become one of the clearest markets for adoption, Timoney added. Stablecoin cards are being used across custodial and non-custodial wallets, crypto exchanges and products that abstract the stablecoin experience fro

Stablecoin card spend is growing 100% year over ye

Over the past 24 hours, ULTIMA has gained more than 16%, outperforming BTC in growth rate by more than 12% over the same period 🚀 When ULTIMA starts outperforming the market, the next stage of growth 

Bitcoin could cross the $1 million mark. That was one of the boldest claims Eric Trump made Wednesday at Consensus Miami 2026, where the businessman and son of US President Donald Trump laid out his c

America’s Crypto Future Is Unstoppable, According To Eric Trump

Genius: First Private On-Chain Terminal

HTX Creation Challenge — Post and Win 1,500U 💥$110K Spring Airdrop Rain—18 Days Straight!MEGA: Real-Time Execution Layer for Ethereum Shapeshift Founder Erik Voorhees Adds $6.67 Million in ETH, Signal

Shapeshift Founder Erik Voorhees Adds $6.67 Million in ETH, Signaling Strong ConvictionErik Voorhees, the founder of cryptocurrency exchange ShapeShift and a well-known early Bitcoin advocate, has made another significant investment in Ethereum. According to on-chain data from Lookonchain, Voorhees purchased 2,920 $ETH, valued at approximately $6.67 million, just 20 minutes before the report. The transaction was executed via a single wallet address, underscoring his continued confidence in the second-largest cryptocurrency by market capitalization.

Context of the Purchase
This is not an isolated event. Voorhees has been a consistent buyer of Ethereum over the past several months, accumulating substantial amounts during market dips. His latest acquisition comes at a time when the broader crypto market is navigating regulatory uncertainty and price volatility. Voorhees, who has publicly advocated for decentralized finance and self-custody, has positioned himself as a long-term believer in Ethereum’s utility and its role in the future of financial infrastructure.

FT

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