Crypto

Crypto

Trump and Xi discuss potential deal to revive US energy exports to China

US liquefied natural gas exports to China fell off a cliff in 2025. We’re talking about a drop from 4.15 million tonnes in 2024 to just 26,000 tonnes, a 99.4% decline that essentially erased one of the largest energy trade corridors on the planet. Now, a Trump-Xi summit scheduled for May 14-15, 2026, in Beijing

Read More
Crypto

CLARITY Act Faces Wave of Amendments Ahead of Markup

Stand With Crypto says its advocates have contacted lawmakers nearly 1.5 million times in support of the CLARITY Act. The Senate Banking Committee’s CLARITY Act is heading into Thursday’s markup, buried under opposition. According to reports, Senator Elizabeth Warren alone filed more than 40 amendments before Tuesday’s 5 p.m. ET deadline, and American Bankers

Read More
Crypto

Metaplanet loss hits $725M on Bitcoin markdown

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

Read More
Crypto

GameStop’s $56B bid for eBay rejected, market doubts acquisition success

## Market Snapshot GameStop’s attempt to acquire eBay is currently priced at 15.5% YES, a slight increase from 12% the previous day but down from 16% a week ago. The market reflects a high volume of $150,666 in face value over the past 24 hours. ## Key Takeaways – Market activity suggests decreased likelihood of

Read More
Crypto

Bitcoin ETF IBIT outpaces gold GLD by 33 points as $13B capital rotation accelerates

Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. Summary Bloomberg ETF analyst Eric Balchunas says Bitcoin ETF IBIT has outperformed gold ETF GLD by 33 percentage

Read More
Crypto

Iran conflict raises airspace closure concerns in Middle East

## Market Snapshot The market for “Iran Military Action Against Neighbors” is currently inactive. “Iran Airspace Closure” is priced at 38.5% YES, up from 26% a week ago. “Israel Airspace Closure” shows a 29.5% YES likelihood, up from 18% in the same period. ## Key Takeaways – The escalation in the Iran conflict appears to

Read More
Crypto

CLARITY Act News: Fresh Draft Is Out – What Next for Crypto?

In CLARITY Act news today, the Senate Banking Committee released the final draft text of the Digital Asset Market Clarity Act on May 12, 2026, just two days before a scheduled May 14 committee markup, and for the first time, crypto investors can see precisely what rules Washington wants to impose on the exchanges, stablecoins,

Read More
Crypto

Japan’s Biggest Corporate Bitcoin Holder Reports $736 Million Valuation Loss

Metaplanet reported strong sales growth from Bitcoin derivative strategies even as BTC valuation losses hammered net earnings. Metaplanet reported a ¥114.5 billion (around $725.6 million) net loss in the first quarter of fiscal year 2026, as declining Bitcoin prices led to massive accounting valuation losses on its holdings. The company reported an ordinary loss

Read More
Crypto

BNB price eyes double bottom pattern breakout, will it move past $700?

BNB price climbed higher this week as bulls attempted to confirm a breakout from a bullish double bottom pattern forming on the weekly chart. Summary BNB price climbed toward the $680 neckline of a bullish double bottom pattern, with a breakout potentially opening the door for a rally toward $800. Market sentiment improved amid speculation

Read More
Crypto

Netanyahu’s coalition moves to dissolve Knesset amid political instability

## Market Snapshot In the “Netanyahu Out by end of 2026?” market, YES pricing has increased to 52.5% from 51% 24 hours ago. In the “Will Benjamin Netanyahu be the next Prime Minister of Israel?” market, YES pricing remains steady at 40.5% over the past week. ## Key Takeaways – The coalition’s move to dissolve

Read More