Sen. Gillibrand's ethics demand stalls CLARITY Act as crypto market hits $3.2T
Sen. Gillibrand is pushing for an ethics provision in the CLARITY Act, delaying broader crypto market structure legislation. The stablecoin market grew 49% to $306 billion after the GENIUS Act passed.
Tetra Trust launches CADD stablecoin, challenging USD dominance in Canada
Tetra Trust, backed by Shopify and National Bank of Canada, launched CADD, Canada's first regulated stablecoin. The CAD-pegged token aims to modernize cross-border settlement and corporate treasury, targeting $424 billio
Coinbase CLO: CLARITY Act to Pass This Summer, Backs GENIUS Stablecoin Framework
Coinbase CLO Grewal predicts the CLARITY Act will pass this summer and supports the GENIUS Act stablecoin framework, urging banks to accept the compromise. Over half of internet traffic is now non-human, per Cloudflare.
Morgan Stanley Slashes Crypto Fees to 0.5% on E*Trade, Undercuts Coinbase
Morgan Stanley launches crypto trading on E*Trade with a 50 basis point fee, undercutting Coinbase and Robinhood. The pilot covers Bitcoin, Ether, and Solana, with full rollout to 8.6 million clients later in 2026.
Bitcoin breaks $81K on $2.44B ETF inflows and short squeeze
Bitcoin surged above $81,000 on May 5, driven by $2.44 billion in April spot ETF inflows and a short squeeze that cost one trader $1.94 million. The rally, Bitcoin's highest level since January, marks an institutional re-engagement with a $6.38 billion hole still to fill.
Bitmine's Tom Lee Declares 'Crypto Spring' as Firm Holds 4.29% of ETH Supply
Bitmine (BMNR) now holds 5.18 million ETH, or 4.29% of supply, after a $238 million purchase. Chairman Tom Lee cites regulatory progress and staking revenue of $297 million annually as signs of a 'crypto spring.'
Binance Withdraw Protection locks funds 1-7 days as wrench attacks surge 75%
Binance launched Withdraw Protection, a user-controlled lock lasting 1-7 days, to counter a 75% rise in physical coercion attacks in 2025. The feature is a policy lock, not cryptographic, and can be overridden by law enforcement.
Clarity Act advances in Senate amid yield compromise, Polymarket odds drop to 46
The Digital Asset Market Clarity Act moves toward a May 2026 markup after Senators Tillis and Alsobrooks struck a deal on stablecoin yield. Polymarket odds for passage dropped from 65% to 46% since January, signaling real doubt despite Coinbase, Circle, and 100+ industry groups pushing hard for action.
Ark Invest's $16T Bitcoin Map Lands as Canada's AIMCo Turns $69M Green on Its MSTR Bet
Ark Invest's Big Ideas 2026 report projects Bitcoin's market cap at $16 trillion by 2030 — and Canada's $195 billion AIMCo fund just validated the thesis by pocketing an unrealized $69 million on its $172.5 million Strategy position.
Tokenized RWAs Triple to $19.3B as Gold and Treasuries Surge in Q1 2026
The tokenized real-world asset market cap hit $19.3B in Q1 2026, more than tripling from $5.42B in early 2025. Gold-backed tokens XAUT and PAXG drove a 290% surge in tokenized commodities to $5.55B.
Visa stablecoin settlement hits $7B run rate, adds 5 blockchains
Visa's stablecoin settlement pilot now spans nine blockchains, reaching a $7 billion annualized run rate — up 50% from last quarter — as institutional adoption accelerates.
Bitcoin ETFs Hit $2.44B April Inflows, BlackRock IBIT Leads with 70% Share
U.S. spot Bitcoin ETFs saw $2.44 billion in net inflows during April 2026, nearly doubling March's $1.32B. BlackRock's IBIT captured over 70% of flows, holding ~812K BTC worth $62B.
Meta Pays Creators in USDC on Solana and Polygon via Stripe
Meta launches stablecoin payouts for creators in Colombia and the Philippines using USDC on Solana and Polygon, with Stripe handling payments and tax reporting.
100+ Crypto Firms Urge Senate Action on Clarity Act Before May 25 Deadline
More than 100 crypto firms including Coinbase and Ripple have signed an open letter pressing the Senate Banking Committee to advance the Clarity Act before Memorial Day, warning that legislative delay risks pushing investment and jobs offshore as the EU pulls ahead.
White House Adviser Witt: Major Bitcoin Reserve Update in Weeks
Patrick Witt announced a breakthrough legal framework for the Strategic Bitcoin Reserve, which holds 328,372 BTC worth ~$25 billion. The update precedes potential codification via the 2026 NDAA.
Bitcoin Dips to $76K as Fed Uncertainty and Iran Tensions Cloud Crypto's ETF Moment
Bitcoin slid to $76,472 on April 28 as stalled US-Iran talks and rising oil prices rattled crypto markets, even as BlackRock's IBIT pulled in $3 billion and spot ETF flows hit their strongest weekly haul since January.
Strategy Buys 3,273 BTC for $255M, Now Holds 818,334 Bitcoin
Strategy (formerly MicroStrategy) purchased 3,273 BTC for ~$255 million, bringing total holdings to 818,334 BTC worth $63.5 billion. The firm now controls 76% of all corporate-held Bitcoin.
SEC Chair Atkins Unveils On-Chain Securities Sandbox at Bitcoin 2026
SEC Chair Paul Atkins, making history as the first sitting chair to address the Bitcoin conference, confirmed a regulatory sandbox for trading tokenized securities on public blockchains and DeFi.
BlackRock's IBIT Options Top Deribit at $27.6 Billion in Crypto Derivatives Shift
BlackRock's IBIT options open interest crossed $27.6 billion on Friday, overtaking Deribit for the first time and signaling that U.S. regulated derivatives now set the tone for global bitcoin price discovery.
CLARITY Act Senate Stall Tests $317B Stablecoin Yield Battle
The Senate Banking Committee's April markup window on the CLARITY Act has closed without action, leaving a $317 billion stablecoin market and Coinbase's $1.35 billion yield-revenue stream in regulatory limbo.
BIP-361 Forces Bitcoin's Choice: Freeze 6.7M BTC or Risk Quantum Theft
Bitcoin developers have filed BIP-361, a five-year plan to freeze 6.7 million quantum-vulnerable BTC, triggering a governance crisis that exposes the limits of the protocol's consensus model.
BIS Names Crypto Exchanges as Shadow Banks, and the Stablecoin Bridge to TradFi
The Bank for International Settlements has formally classed Binance, Coinbase, Bybit and peers as multifunction cryptoasset intermediaries that bundle bank-like services without bank-like safeguards, citing the October 2025 flash crash that triggered $19 billion of forced liquidations as evidence the system is already systemic.
BIS Names Crypto Exchanges as Uninsured Shadow Banks Running $20B Systemic Risk
A new BIS report identifies Binance, Bybit, Coinbase and peers as multifunction crypto intermediaries: deposit-like earn products with no FDIC insurance and no capital floors.
Coinbase and Kraken Push Perpetual Futures Toward U.S. Approval
Coinbase and Kraken are trying to bring crypto perpetual futures onshore, a shift that would pull leverage, liquidity and clearing economics back inside regulated U.S. markets.