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In brief Payward, which operates crypto exchange Kraken, filed for a national trust company charter with the Office of the Comptroller of the Currency. The proposed trust company would provide federally regulated digital asset custody services to institutional clients nationwide. This builds on Kraken Financial, Payward’s Wyoming-chartered bank that already holds a Federal Reserve master account. Payward, the parent company of crypto exchange Kraken, said Friday that it filed an application with the Office of the Comptroller of the Currency for a national trust company charter.The proposed Payward National Trust Company would provide digital asset custody services to institutional clients…
In brief Payward, which operates crypto exchange Kraken, filed for a national trust company charter with the Office of the Comptroller of the Currency. The proposed trust company would provide federally regulated digital asset custody services to institutional clients nationwide. This builds on Kraken Financial, Payward’s Wyoming-chartered bank that already holds a Federal Reserve master account. Payward, the parent company of crypto exchange Kraken, said Friday that it filed an application with the Office of the Comptroller of the Currency for a national trust company charter.The proposed Payward National Trust Company would provide digital asset custody services to institutional clients…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s market cycle appears to be evolving, with lower volatility and more controlled price action replacing the extreme swings of previous years. Instead of sharp crashes and explosive rallies, the market now seems focused on longer accumulation phases and steadier growth. Cycles Show Signs Of Structural Evolution Bitcoin is entering a new era defined by volatility suppression. Crypto analyst Killa highlights that the days of wild, parabolic expansions and euphoric blow-off tops appear to be fading, replaced by more muted and controlled price action. As the asset…
In brief The Department of Defense launched a public website hosting declassified UAP files. The Trump administration described the effort as an unprecedented transparency initiative. Officials acknowledged that many released materials still have not been fully analyzed. The Donald Trump administration on Friday launched a new government website dedicated to unidentified anomalous phenomena, or UAPs, releasing what officials describe as the first wave of declassified files tied to decades of UFO investigations.The new portal includes videos, photographs, and government documents previously scattered across agencies or government classifications.According to the Department of Defense, the release marks the formal debut of the…
In brief The Department of Defense launched a public website hosting declassified UAP files. The Trump administration described the effort as an unprecedented transparency initiative. Officials acknowledged that many released materials still have not been fully analyzed. The Donald Trump administration on Friday launched a new government website dedicated to unidentified anomalous phenomena, or UAPs, releasing what officials describe as the first wave of declassified files tied to decades of UFO investigations.The new portal includes videos, photographs, and government documents previously scattered across agencies or government classifications.According to the Department of Defense, the release marks the formal debut of the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure This week, Bitcoin saw a significant surge in bullish momentum, driving its price from $78,000 to as high as $82,855. While the flagship cryptocurrency has pulled back from this local high, it is yet to shift towards a bearish structure. Interestingly, a recent on-chain analysis revealed significant growth in derivatives activity in the Bitcoin market. Bitcoin Open Interest Climbs Across Major Exchanges In a recent Quicktake post on the CryptoQuant platform, pseudonymous analyst Darkfost revealed an interesting change in Bitcoin’s derivatives market participation. This on-chain observation is…
In brief Predictors on Myriad now favor Michael Saylor’s Bitcoin firm Strategy to offload some of its BTC this year. Odds have ballooned to 82% this week as Saylor made comments about the firm selling BTC to “inoculate the market.” The firm maintains a stash of more than 818,000 BTC valued above $65 billion. Will Strategy, the Bitcoin behemoth that has systematically accumulated more than $65 billion worth of BTC over the last six years, sell off some of its holdings this year? Users on prediction market platform Myriad increasingly believe it’ll happen.Odds of the Virginia-based firm selling any BTC…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After multiple weeks hovering below $80,000, Bitcoin finally broke above the psychological level on Monday, May 4th. The premier cryptocurrency enjoyed a significant surge in bullish momentum, pushing its price to as high as $82,000 over the past week. While the Bitcoin price has slowed over the past couple of days, most indicators point to the market leader being in bullish territory, at least in the short term. For instance, a specific on-chain metric suggests the BTC price is on the verge of another leg up. Is…
In brief New South Wales Police seized 52.3 Bitcoin worth about $4.2 million USD during raids in Ingleburn on May 4. A 39-year-old man was charged with failing to comply with a digital evidence access order plus other charges. A 41-year-old man faces charges of dealing with property proceeds of crime over $100K for allegedly transferring the cryptocurrency. Police in the Australian state of New South Wales seized 52.3 Bitcoin—currently worth more than $4.2 million—during search warrants executed in Ingleburn on May 4, marking what Detective Superintendent Matt Craft called “one of the biggest cryptocurrency seizures in the nation’s history.”Strike…
Make CryptoSlate preferred on Bank of Canada stablecoin regulations could arrive in mid or late 2027, pushing the detailed rulebook later into the same year that Canada’s government has already marked for its framework to take effect.That timing lands just as Visa Canada and Wealthsimple are piloting USDC settlement for certain card-network obligations in Canada. The result is a live institutional use case in one part of the payment stack while the framework for non-bank stablecoin issuers remains unfinished.A Reuters report said an early-2027 launch plan was ambitious and that regulations could instead be introduced by mid or late 2027.…
In brief Elizabeth Warren pushed Meta to fully reveal its stablecoin plans before the Senate votes on the Clarity Act. Warren warned Meta’s push into stablecoin payments could affect “competition, privacy… and financial stability.” The senator asked CEO Mark Zuckerberg to explain Meta’s stablecoin plans and partnerships by May 20. Sen. Elizabeth Warren (D-MA) urged Meta this week to fully disclose its stablecoin-related ambitions, arguing that the tech giant must reveal the plans before lawmakers vote on a major crypto-related bill currently pending in the Senate.“It is essential that Congress fully understand the implications of Meta’s stablecoin integration plans as…
In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC. Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million. Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after the firm posted a quarterly net loss of more than $427 million in Q1 2026, compared to just a $61.4 million loss in Q1 2025. During the quarter, the firm reported revenues of $34 million—60%…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through its E*Trade platform, charging clients 50 basis points per transaction. That’s less than what the biggest US crypto and brokerage platforms charge for standard retail trades. It’s one of the more concrete signs yet that traditional financial giants are moving deeper into digital asset territory. But…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Morgan Stanley is now undercutting Coinbase, Robinhood, and Charles Schwab on Bitcoin and crypto trading fees — and Strike CEO Jack Mallers isn’t worried about it one bit. Wall Street’s Growing Footprint The bank recently launched a crypto trading pilot through its E*Trade platform, charging clients 50 basis points per transaction. That’s less than what the biggest US crypto and brokerage platforms charge for standard retail trades. It’s one of the more concrete signs yet that traditional financial giants are moving deeper into digital asset territory. But…
In brief British sprinter CJ Ujah was among 10 men charged in a U.K. cryptocurrency fraud investigation. Police allege victims were tricked into sharing wallet seed phrases during impersonation calls. Authorities say one victim lost more than £300,000 in the alleged scheme. British sprinter CJ Ujah has been charged in the U.K. for his alleged role in a cryptocurrency fraud operation that police say targeted victims through impersonation scams designed to steal funds from crypto wallets.On Thursday, the U.K. Regional Organized Crime Units (ROCUs) said 10 people were charged with conspiracy to defraud following coordinated raids across Kent, Essex, London,…
In brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC. Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million. Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after the firm posted a quarterly net loss of more than $427 million in Q1 2026, compared to just a $61.4 million loss in Q1 2025. During the quarter, the firm reported revenues of $34 million—60%…