Despite the headline loss, the company emphasized that it continued accumulating Bitcoin rather than selling into weakness. American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a…
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. Summary Five major banking groups jointly rejected the Tillis-Alsobrooks stablecoin yield compromise, calling it insufficient days before the May 14 markup. Senators Lummis and Tillis publicly defended the deal,…
Aave, the largest decentralized lending protocol by total value locked, has been building something interesting south of the border. Through partnerships with a handful of Latin American fintech companies, the protocol now powers yield-generating products for over 130,000 users managing approximately $40 million in deposits. More than $20 million of those deposits sit in stablecoins,…
Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Summary MoonPay VP Richard Harrison said the GENIUS Act gave firms a regulatory permission slip, accelerating traditional finance entry into stablecoins. Ripple SVP Jack McDonald argued…
## Market Snapshot WTI Crude Oil Price Predictions market currently suggests a high probability of price increases, with sub-market odds for May 2026 ranging from 2.3% to 38.5% YES. The Crude Oil Price Predictions by June market also indicates upward pressure, although specific odds are not provided. ## Key Takeaways – The warning from oil…
Here’s how XRP can skyrocket by at least 1,000%. Although most of the market saw notable gains over the past few weeks, with BTC surging to a multi-month peak at almost $83,000, Ripple’s cross-border token couldn’t really mimic the rally and was rejected at $1.45. Since then, the bears have resumed control, pushing it…
The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio Summary The Department of War posted 162 UAP files on May 8 at war.gov/ufo, covering sightings from 1942 to 2025, with 108 of the files containing some redactions. The most notable documents include NASA transcripts and photographs…
The Strait of Hormuz, a narrow chokepoint that normally handles roughly a fifth of the world’s oil transit, has effectively become a cork in a bottle. The Iran conflict has shut down 9 million barrels per day of production capacity, and the two largest oilfield services companies on the planet are now telling investors that…
Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire. It’s like a few wars, rising inflation, and global uncertainty are not enough these days. Now, the world needs to pay attention to another health hazard that made the news in the past few weeks: the Hantavirus,…
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Summary Morgan Stanley launched an E*Trade crypto pilot on May 6, charging 50 basis points per trade for Bitcoin, Ether, and Solana via infrastructure partner Zerohash. The 0.5% fee undercuts Charles Schwab…
