Banking Committee Approves New CLARITY Act
The U.S. Senate Banking Committee has released the new CLARITY Act, banning rewards for holding stablecoins and requiring compliance programs; a vote is scheduled for May 14. #Update #Crypto $USDC
The U.S. Senate Banking Committee has released the new CLARITY Act, banning rewards for holding stablecoins and requiring compliance programs; a vote is scheduled for May 14. #Update #Crypto $USDC
Bitcoin’s annualized funding rate for perpetual futures jumped to 6%, while ETF outflows raised concerns amid Bitcoin’s struggle near $82,000. Miners pivoted to AI, with @Iren announcing a $34B Nvidia deal. #Update #Crypto $BTC
@Strategy’s STRC raises $206.61M from 2.12M shares, plans to acquire $43M in Bitcoin, potentially buying 2,536 BTC at $81,471 each; trading volume surged to $444.91M. #Update #Crypto $BTC
@Aave and stakeholders affected by the Kelp DAO hack initiated a binding Arbitrum governance vote to transfer $71 million in disputed ETH, pending court approval. #Update #Crypto $ETH
Google’s Threat Intelligence Group reports cybercriminals using AI to develop a zero-day exploit bypassing two-factor authentication in an open-source tool, linked to China and North Korea. #Breaking #Cybersecurity
Crypto funds see $858M inflows over six weeks as the CLARITY Act progresses, indicating growing institutional interest in digital assets. #Update #Crypto
Dubai residents can now pay government taxes using Bitcoin via @cryptocom, with payments converted to UAE dirhams. #Update #Crypto $BTC
@Bitmine has slowed its Ether purchases to 26,659 $ETH last week, targeting 5% of the circulating supply by end-2026; total staked $ETH exceeds 4.7 million. #Update #Crypto $ETH
@Sharplink reported Q1 earnings for FY26, revealing a net loss of $685.6M and holding over $2B in $ETH despite unrealized losses. Revenue rose to $12.1M, driven by staking operations. #Update #Crypto $ETH
$XRP holds near $1.46 as it tests resistance after a $200 million funding from Neuberger Berman, with trading volume surging; key levels to watch are $1.47-$1.50 resistance and $1.43-$1.45 support. #Update #Crypto $XRP
The Senate Banking Committee will vote on the Clarity Act Thursday, a key crypto bill facing debates over stablecoin rewards, ethics, and DeFi protections. #Update #Crypto
XRP funding rates suggest a potential repeat of a $3.6 surge scenario, indicating possible bullish momentum for $XRP. #Update #Crypto $XRP
Cleanspark (@Cleanspark) reports a $378.3M Q2 net loss due to Bitcoin price swings, despite doubling ERCOT capacity to 585 MW. CEO targets AI/HPC commercialization. #Update #Crypto
Nvidia CEO Jensen Huang excluded from Trump-Xi summit as US shifts focus from technology to agriculture and aviation, impacting Nvidia’s China revenue. #Update #Tech