Key Takeaways MEXC plans to expand its Guardian Fund to $500M over two years, along with a 1,000 BTC reserve. MEXC logged $270M inflows by May 11, reflecting demand for stronger reserve safeguards. MEXC will add on-chain BTC and USDT proof-of-reserves to boost transparency and trust. BTC and USDT to Serve as Dual Reserve System
Key Takeaways Treasury CS John Mbadi submitted Finance Bill 2026 to Parliament on April 30, 2026 targeting KSh 120 billion. VASPs to file annual returns to KRA under Tax Procedures Act amendment after section 6B. The bill reintroduces 20% withholding tax on gambling winnings, reversing a previous removal. Two Reform Lanes in One Vehicle Narrow
Key Takeaways Exodus Movement reduced its bitcoin treasury by 63% in Q1 2026 to fund strategic fintech acquisitions. The 1,076 BTC liquidation helped raise cash for the May 1 purchase of payments firms Monavate and Baanx. Despite the $73.2 million disposal, Exodus reported a $32.1 million net loss amid lower trading volumes. NYSE American Listed
Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has increased pressure for clearer, more consistent regulatory coordination. Firms may see reduced compliance friction if joint agency work advances. SEC and CFTC Advance Crypto Policy Alignment Efforts U.S. Commodity Futures Trading Commission (CFTC) Chair Michael
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
Key Takeaways Bitcoin fell below $80,000 on May 12 as Trump warned that the U.S.-Iran ceasefire is on life support. A 1.6% drop in crypto prices wiped out $232 million in long bets as bitcoin’s market cap fell to $1.61 trillion. Markets await the PPI report to see if 3.8% inflation will force further energy
Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4% following concerns over the $20 billion debt plan. The Ebay board will focus on its 136 million users, while Gamestop may consider a future proxy fight
Key Takeaways Michael Saylor tied the CLARITY Act to Strategy’s bitcoin financing and BTC market expansion strategy. Clearer regulation could reduce institutional friction surrounding bitcoin custody, collateral, and digital asset exposure. Regulated digital yield markets may strengthen future demand for STRC, MSTR, and bitcoin-linked securities. CLARITY Act Could Reprice Strategy’s Bitcoin Capital Model Strategy (Nasdaq:
Key Takeaways The BLS reported April 2026 headline CPI at 3.8% year-over-year, beating the 3.7% consensus estimate. Energy prices jumped 17.9% annually, driven by the U.S.-Iran conflict, pushing gasoline up 28.4% YoY. The Federal Reserve now faces pressure to delay rate cuts into late 2026 or 2027 as core CPI hits 2.8%. Gasoline Prices Push
Key Takeaways ZachXBT named Bitget founder Shawn Liu as the platform’s actual leader, relegating current CEO Gracy Chen to a figurehead role. He also warned of an imminent escalation against the “Chinese CEX cartel” in the near future. Neither Bitget nor Shawn Liu has publicly responded to ZachXBT’s allegations at press time. Turning The Spotlight