Category: News

Coinbase CEO Brian Armstrong Says Clarity Act ‘Closer Than Ever’

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Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate’s markup of the crypto market structure bill on Thursday.  “I don’t think it’s ever been in a stronger or more bipartisan position,” he said about the latest iteration of the market structure bill. Armstrong said that the banking and crypto industry lobbies have reached a “healthy compromise” on stablecoin yield, which was one of the main issues that stalled the market structure bill in January. He added: “I…

Ripple CEO Reveals What It Would Mean For XRP Holders If The Company Went Public

Ripple and XRP are back in focus after Ripple CEO Brad Garlinghouse addressed what XRP holders could potentially expect if Ripple ever goes public. The discussion, highlighted by reporter James Dula following Garlinghouse’s appearance on the Crypto In America podcast with Eleanor Terrett, centers on a brief but impactful remark suggesting that XRP holders could see “something special” in the event of an IPO. Why Ripple IPO Talk Matters For XRP Holders The renewed attention is driven by Ripple’s unique position in the crypto market, where its business operations and…

Wintermute Warns Bitcoin Rally Looking Like a Short Squeeze, Not a Proper Breakout

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Key Takeaways Wintermute says BTC’s latest rise is squeeze-driven, with leverage and shorts lifting price in 1 move. Bitcoin bulls face weaker spot demand, leaving BTC’s rally more fragile across crypto markets in 2026. Wintermute says BTC needs stronger spot flows next, or 1 sharp reversal could test breakout hopes. Wintermute Says BTC’s Latest Pop Looks Driven by Forced Positioning, Not Strong Spot Demand Wintermute says the setup behind bitcoin’s latest advance appears to be less about fresh organic buying and more about traders getting caught offside. In its latest…

A Quiet Rotation Into Altcoins May Already Be Underway: Altseason Hopes Return

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Altcoins are showing signs of strength as the market prepares for a decisive week shaped by the CLARITY Act markup vote and price action testing key resistance levels across the board. The timing matters — and top analyst Darkfost has identified a shift in altcoin behavior that is worth paying attention to even against a backdrop that remains genuinely difficult. Related Reading The macro environment has not become friendly. US-Iran tensions continue to weigh on global risk appetite, with the ongoing conflict contributing to inflationary pressure that complicates the Federal…

Tokenized Treasuries hit $15B record as Bitcoin stalls

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Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Summary Total value locked in tokenized Treasuries surpassed the previous mid-April peak of $15.10 billion, with rwa.xyz data confirming the $15.35 billion record on May 13. April’s US CPI came in at 3.8% annually, sharply raising the probability of a Federal Reserve rate hike and weakening the case for near-term cuts. Circle’s USYC and BlackRock’s BUIDL lead the sector, which has grown from $3.9 billion in early 2025 to exceed $15…

Should Bitcoin Investors Be Worried?

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Key takeaways: A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move. Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro asset. Bitcoin below $80,000 as Hyperliquid whale flips bearish on crypto Bitcoin (BTC) failed to sustain bullish momentum on Wednesday, retreating below the psychological $80,000 level. Traders grew anxious as persistently high oil prices applied pressure to inflation and consumer spending. A Hyperliquid whale with $42 million in historical profits flipped bearish, leaving…

Strategy’s STRC mechanism may be influencing Bitcoin mid-month liquidity cycles

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Strategy’s perpetual preferred stock STRC may be playing an increasingly important role in shaping Bitcoin’s mid-month liquidity dynamics, according to K33 Research director Vetle Lunde Summary K33 Research suggests Strategy’s STRC preferred stock structure may be contributing to recurring mid-month Bitcoin buying pressure. Strategy’s BTC holdings have reached 818,869 BTC, valued at roughly $6.57 billion, according to the report cited by The Block. Recent data shows STRC-driven Bitcoin accumulation surged to ~46,872 BTC in April but may now be slowing as demand plateaus. According to reports, STRC’s structure creates predictable…

Polymarket Records First Drop in Monthly Trading Volume Since August

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Monthly trading volume on the Polymarket prediction market fell by about 8.9% in April, the first decline in month-to-month activity since August as rivals like Kalshi increase their market share. Polymarket and its US-based trading application collectively generated more than $10.2 billion in volume in April, compared to more than $11.2 billion in March, according to data from Dune Analytics. However, rival Kalshi’s April trading volume surged by about 13%, climbing to about $14.8 billion, Dune data shows.  The total monthly trading volume for prediction markets also increased to about…

Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System

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As the Senate Banking Committee prepares to mark up the long-anticipated CLARITY Act on Thursday, Coinbase CEO Brian Armstrong has argued that the newest version of the bill represents a workable “compromise” and could meaningfully improve the US financial system.  Speaking to FOX Business, Armstrong said the updated draft reflects concessions on both sides—what he described as the crypto industry meeting requests from bank lobbyists and lawmakers, while the banking sector also gave ground during negotiations. Coinbase CEO’s CLARITY Act Pitch Armstrong also highlighted one specific element tied to stablecoin…

Metaplanet loss hits $725M on Bitcoin markdown

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Metaplanet loss hit $725 million in Q1 2026, driven entirely by a $737 million non-cash Bitcoin writedown. Summary Japan’s Metaplanet posted a Q1 net loss of $725.6 million, driven by ¥116.4 billion in non-cash Bitcoin valuation losses as BTC fell 24% during the period. Revenue rose 251% year over year to $19.5 million and operating profit grew 283% to $14.4 million, as Bitcoin option income surged. Metaplanet added 5,075 BTC in Q1 to reach 40,177 total, cementing its position as the largest public Bitcoin holder outside the United States. Tokyo-listed…