Kraken Parent Payward Seeks $20B Funding
@Payward is raising new capital at a $20 billion valuation as Kraken prepares for an IPO, following recent acquisitions including Reap for $600M and Bitnomial for $550M. #Update #Crypto $BTC $ETH
@Payward is raising new capital at a $20 billion valuation as Kraken prepares for an IPO, following recent acquisitions including Reap for $600M and Bitnomial for $550M. #Update #Crypto $BTC $ETH
The Senate Banking Committee will hold a markup hearing for the Digital Asset Market Clarity Act on May 14, addressing stablecoin yield concerns amid industry feedback. #Update #Crypto $USDC
@MicroStrategy considers selling some of its 818,334 $BTC holdings to cover $1.5B in dividend obligations after reporting a $12.54B net loss for Q4 2026. #Update #Crypto $BTC
Stablecoin yield offerings would be banned under the proposed Digital Asset Market Clarity Act, allowing only activity-based rewards; negotiations continue ahead of a Senate Banking Committee hearing. #Update #Crypto $USDC
A few hundred $TRUMP memecoin holders met with Donald Trump at Mar-a-Lago, where he criticized bank lobbyists obstructing crypto legislation, emphasizing the importance of the Digital Asset Market Clarity Act. #Update #Crypto $TRUMP
A federal judge has temporarily blocked Arizona from filing criminal charges against prediction market provider Kalshi, siding with the CFTC’s argument that federal law preempts state law. #Update #Legal $CFTC
Bitcoin ($BTC) rises above $70,000, gaining nearly 4% in 24 hours amid a broader stock market advance. Signals of potential bottoming emerge as miners sell off holdings. #Update #Crypto $BTC
U.S. added 178,000 jobs in March, beating forecasts; unemployment fell to 4.3%. Bitcoin trading at $66,948.04 amid economic momentum. #Update #Crypto $BTC
Tether has engaged a “Big Four” auditing firm for its first full financial audit, addressing long-standing concerns about the backing of its $USDT stablecoin. #Update #Crypto $USDT
Senators Angela Alsobrooks and Thom Tillis revealed a revised stablecoin yield provision in the Digital Asset Market Clarity Act, banning rewards on balances, potentially stalling crypto industry progress. #Update #Crypto
Bitcoin ($BTC) rises to $73,800, up nearly 5% in 24 hours, outperforming U.S. stocks and gold since the Iran war began; open interest in futures increases by 9%. #Update #Crypto $BTC
Bitcoin $BTC climbs to nearly $72,000 after U.S. Treasury Secretary Scott Bessent announces measures to stabilize oil prices amid rising costs, which previously impacted the stock market. #Update #Crypto $BTC
The U.S. lost 92,000 jobs in February, raising unemployment to 4.4%. Bitcoin trades near $70,000 amid market volatility and rising oil prices. #Update #Crypto $BTC
@SECGov settles with @Tronfoundation and Justin Sun; Rainberry Inc. to pay $10M fine, barred from future violations. Claims against Sun dismissed with prejudice. #Update #Legal $TRX