Key Takeaways Senator Lummis believes the U.S. must immediately pass the CLARITY Act to avoid losing global crypto leadership to China and Europe. China’s digital yuan and Europe’s MiCA framework have given rivals a regulatory edge over U.S. firms. The GENIUS and CLARITY acts are advancing in the Senate, targeting a 2026 vote. US Cannot
Key Takeaways K33’s Vetle Lunde says $60K was likely the 2026 bitcoin bear market’s maximum drawdown. Funding rates have been negative for 81 consecutive days, signaling uniquely pessimistic market sentiment. K33 projects bitcoin consolidating between $60,000 and $75,000 with no repeat of 80%-plus crashes. Bitcoin’s Downside Capped at $60K In a research note published this
Key Takeaways KSA letter bans first yellow card and first corner bets ahead of 2026 World Cup, threatens immediate enforcement. Dutch coalition agreement bundles online gambling with sex work and drugs under “sober policy” section. Coalition proposes complete gambling ad ban and license caps on top of existing sponsorship restrictions. KSA Threatens Instant Sanctions on
Key Takeaways Prosecutors said additional cryptocurrency investors lost money after Giri’s guilty plea was entered. Authorities linked the fraud scheme to more than $10 million in investor funds. Investigators said newer deposits were used to repay earlier participants in the operation. Ohio Crypto Fraud Scheme Leads to 9-Year Sentence A cryptocurrency investment fraud scheme that
The team behind web3 gaming app GladiatorDex officially launched on April 27 during a community event at the Clark Marriott Hotel in Pampanga. The announcement included details regarding the platform’s core infrastructure and the scheduling of its full game release, which is set for July 27. The event served as an initial public preview of
Key Takeaways J.P. Morgan’s Kinexys infrastructure interacted with the XRP Ledger during a coordinated institutional settlement workflow. Ripple received U.S. dollar proceeds in Singapore outside normal banking operating hours. Blockchain coordination reduced reliance on multiple ledgers, reconciliations, and correspondent banking intermediaries. Ripple, Mastercard, and JPMorgan’s Kinexys Linked Through XRP Settlement Flow XRP treasury company Evernorth
Amira Alawi, the Global Marketing Director of Coins.ph, discussed the platform’s plans regarding stablecoin utility and local crypto adoption. The interview took place during the Coins.ph Merchant Crawl in Bonifacio Global City (BGC), an experiential event showcasing the Philippines’ stablecoin-to-QRPh integration by allowing participants to buy lunch, coffee, and dessert using USDT and USDC. (Initial
Key Takeaways Ripple ranked No. 16 as CNBC highlighted disruptors across finance, AI, and enterprise software. Institutional demand for integrated custody, compliance, staking, and payments tools strengthened Ripple’s position. Prediction-market firms also appeared, showing broader crypto-linked infrastructure gaining selective recognition. Ripple’s CNBC Ranking Highlights Crypto Infrastructure Role Ripple said on May 19 that CNBC ranked
Key Takeaways Wallet 0x152e opened $21M in longs across bitcoin, ether, and dogecoin in a 3-hour window on May 19. The address carries a $24.79M verified profit record, flagged by Lookonchain as a high-conviction trader. Limit orders on bitcoin and ether suggest the wallet is positioning for further accumulation at lower levels. One Wallet, Three
Key Takeaways Bitcoin fluctuated between $76,200 and $77,245 as Coinglass recorded a drop in crypto liquidations to $175M. Renewed U.S.-Iran tension erased a morning rally, pushing the Nasdaq and the S&P 500 lower by late Tuesday. Markets brace for turbulence after Trump reportedly set a weekend deadline for Iran to agree to a deal. Geopolitical