The long-awaited CLARITY Act is transferring nearer to a ultimate breakthrough, and senior administration officers say there’s nonetheless a workable path to passage—doubtlessly on a really particular date. Speaking at CoinDesk’s Consensus convention in Miami on Wednesday, Patrick Witt, government director of the President’s Council of Advisors for Digital Assets, laid out a timeline aimed…
Strategy, the world’s largest publicly traded Bitcoin (BTC) holder, launched its first-quarter (Q1) monetary outcomes on Tuesday, and the headline quantity was stark: greater than $12 billion in losses. Strategy Q1 Financial Snapshot In its report, the corporate mentioned its working loss for Q1 2026 totaled $14.47 billion, in contrast with $5.92 billion in Q1…
Australian rapper Iggy Azalea is now going through a federal class motion related to her Solana-based memecoin, MOTHER, after the token skilled a steep collapse in value. The lawsuit comes within the wake of a dramatic drop of roughly 99%, which plaintiffs say has left buyers with important losses. MOTHER Memecoin Suit According to the…
Coinbase CEO Brian Armstrong introduced on Tuesday, May 5, that the corporate will cut back its workforce by roughly 14% — a transfer Armstrong described as “sudden and harsh” however essential to place the change for what he referred to as a brand new section of AI-driven operations. In a put up on X shared…
XRP is attempting to construct stability after a robust April that pushed costs to the upside. The newest momentum, nevertheless, is operating into a well-known problem: the token is consolidating across the $1.39 space and is now coping with key hurdles earlier than it could actually meaningfully lengthen the restoration. Two Catalysts Through May 21…
Two US senators launched the Prediction Market Act of 2026, which might create a extra full regulatory framework for prediction markets and occasion contracts. The laws is being offered as a bipartisan effort, sponsored by Republican Senator Dave McCormick and Democratic Senator Kirsten Gillibrand, and it lays out a collection of rule modifications meant to…
A brand new crypto crime report by TRM Labs paints a stark image of how North Korean hacking teams have been working in 2026 to this point. Through April, they had been accountable for 76% of all losses tied to crypto hacks, however the report emphasizes that this consequence wasn’t pushed by a gradual stream…
Bitcoin (BTC) failed once more to push again above the $80,000 stage this week, a worth level that has remained stubbornly resistant since early February. After struggling by way of the most recent try to interrupt larger, BTC retraced to round $75,400 on Wednesday. Bloomberg attributes a part of this stagnation to a much less…
After months of setbacks, the long-awaited CLARITY Act seems to be approaching its remaining procedural hurdle within the Senate. The Banking Committee is predicted to schedule the vote for May, bringing the invoice nearer to a full Senate vote. At the Bitcoin 2026 convention in Las Vegas on Tuesday, Patrick Witt, the White House’s prime…
Coinbase Institutional has launched its newest second-quarter (Q2) outlook for the crypto market, providing a learn on what institutional buyers stated about Bitcoin (BTC) because the trade strikes into Q2. What Coinbase Thinks About Q2 2026 In the report, Coinbase frames its general place as impartial for the second quarter of the 12 months, pointing…