Crypto Trading Daily Digest – May 08, 2026

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Welcome to today’s Crypto Trading roundup 🚀. Here are the top stories shaping African and global crypto markets.

  1. Crypto PACs Spend $7.2M to Support Candidates in 5 US States with Midterms Looming – cointelegraph.com
  2. Germany Mulls Crypto Tax Overhaul, 1‑Year Exemption at Risk – cointelegraph.com
  3. Crypto traders rush to hedge after bitcoin drops below $80,000: Crypto Markets Today – CoinDesk
  4. Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record – CoinDesk
  5. Elizabeth Warren Wants Meta to Spill All on Stablecoin Plans Ahead of Clarity Act Votes
  6. Will Strategy Sell Bitcoin This Year? Traders Are Convinced After Saylor Comments
  7. Crypto ‘wrench attacks’ on the rise, with victims’ family members increasingly at risk: CertiK
  8. Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase
  9. CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report – Bitcoin News
  10. Bitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs – Bitcoin News
  11. Coinbase logs second straight quarterly loss as crypto trading momentum fades – Reuters
  12. Campaigners drop bid to make Swiss National Bank hold bitcoin – Reuters
  13. STABLECOINS | Stablecoins Not Efficient in Strengthening International Role of the Euro, Says President of European Central Bank
  14. SPEECH | Stablecoins and the Future of Money: Separating Functions from Instruments
  15. JPMorgan Says Bitcoin Is Replacing Gold as Investors’ Top Debasement Hedge – Coinpedia
  16. List of upcoming cryptocurrency and Blockchain events – Coinpedia Events
  17. ‘All Three Will Crash and Burn’: Peter Schiff Slams Michael Saylor as Strategy’s Bitcoin ‘Printer’ Breaks 23-Day Silence
  18. Ethereum (ETH) Could Hit $12K This Year, Lee Predicts
  19. Coinbase Exec Predicts CLARITY Bill Markup in May – cointelegraph.com
  20. Ripple-linked XRP pushes toward $1.40 as tightening range lowers breakout chances – CoinDesk
  21. Trump Admin Launches Pentagon UFO Website With Declassified Files
  22. SEC weighs new rulemaking for onchain market structures and software applications
  23. Zoomex X Space Recap With Ollie Bearman and Crypto KOLs – Bitcoin News
  24. Amazon cloud outage at North Virginia data center largely resolved – Reuters
  25. FINTECH AFRICA | Nigerian Fintech, Paga, Partners with Sui Blockchain to Roll Out Stablecoins and Crypto Offerings
  26. Cryptocurrency Price Prediction | Future Crypto Trends & Insights – Coinpedia
  27. Big Reset for XRP: Meet New XRP Ledger Foundation Team
  28. South Korea Confirms 22% Crypto Tax Goes Ahead in January 2027 – cointelegraph.com
  29. S&P 500 call options volume surges to record $2.6 trillion. Here’s what it means for bitcoin – CoinDesk
  30. Kraken Parent Payward Applies for OCC National Trust Bank Charter

That’s it for today’s crypto highlights! Which trade setup caught your attention? Share in the comments below 💬

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