Day: May 12, 2026

Bermuda to Shift Financial Services to Stellar Blockchain

Lawrence Jengar May 12, 2026 22:59 Bermuda plans to use the Stellar blockchain for financial services, aiming to lower transaction fees and become the first fully on-chain economy. The government of Bermuda is taking a significant step toward becoming the world’s first fully on-chain national economy. Speaking at the Bermuda Digital Finance Forum on May 12, Premier David Burt announced that the country will begin transitioning key payment and financial services activities to the Stellar blockchain network. This move builds on a…

3 ALT Coins Update | Crypto Market Update | Bitcoin Breakout ? TRUMP Is Signing Clarity Act Bill

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Bermuda to Transition โ€˜Keyโ€™ Financial Services to Stellar Blockchain

The government of Bermuda announced that it will begin moving payment and financial-services activities to the Stellar network as part of its plans to be a โ€œfully on-chain national economy.โ€ Speaking at the Bermuda Digital Finance Forum on Tuesday, Premier David Burt said that the island nationโ€™s government, after risk assessments, could accept and invest in digital assets. In addition, Stellar announced that Bermuda would move certain financial services onto its network in response to high transaction fees. “The lack of mobile money applications and reliance on legacy payments infrastructure…

Marathon Posts $1.3B Loss as Bitcoinโ€™s 18% Slide Cuts Q1 Revenue by $35M

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Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising overhead costs. Marathon sold $1.5 billion in bitcoin to fund a strategic pivot into AI and retire 30% of its debt. Surge in Operating Costs Digital infrastructure company Marathon Holdings attributed a decline in revenue in the first quarter of 2026 to a decrease in the U.S. dollar value of bitcoin during the period.…

Bitcoin Climbs Steadily Higher With No Major Signs Of Distribution

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Beautiful News | 13927 Bitcoin

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Bitcoin eyes $90,000 as inflation priced in and CLARITY Act looms

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21Sharesโ€™ Matt Mena says Bitcoinโ€™s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. Summary 21Shares analyst Matt Mena says Bitcoinโ€™s failure to sell off on hot inflation data signals the market has already priced in macroeconomic headwinds, with BTC holding above the key $80,000 support level. Mena sees a path from the current $82,000 resistance retest toward $85,000 as macro friction clears, with the Senate CLARITY Act vote identified as the next…

Senate Confirms Kevin Warsh as Fed Governor, with Chair Vote Expected

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The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 vote in the US Senate on Tuesday, lawmakers sided on party lines, with the exception of Democratic Senator John Fetterman, to approve President Donald Trumpโ€™s nominee. The chamber immediately followed by approving a motion to invoke cloture on a vote for Warsh as the next Fed chair, setting up a potential vote soon. Source: US…

Is Solar Mining Worth It in Pakistan? Rs 45 Lakh Investment, Real Results Revealed

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Will BTC Hit Six Figures? Analyzing Prediction Market Odds on Kalshi, Polymarket, Limitless, and More โ€“ Bitcoin News

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Key Takeaways Polymarket traders assign a slim 11% chance that bitcoin hits $150,000 by December 31, 2026. Kalshi data shows a 47% probability of bitcoin surpassing the $100,000 milestone during 2026. Total volume across major prediction markets for BTC price targets has exceeded $80 million in 2026. As of May 12, 2026, the prediction platform Polymarket has recorded a staggering $18,360,481 in total trading volume for its primary $150,000 target market. Despite the heavy financial commitment from participants, the collective sentiment remains grounded in reality rather than moonshot euphoria. Data…