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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Democratic Senator Elizabeth Warren questioned Meta CEO Mark Zuckerberg about the company’s stablecoin plans, warning of serious risks to financial stability, competition, privacy, and payments integrity. Meta’s Stablecoin Trials Under Scrutiny This week, US Senator Elizabeth Warren sent a new letter to Meta’s founder and CEO, Mark Zuckerberg, raising concerns about the company’s plans to integrate stablecoins into the platform. In the letter, the Ranking Member of the Senate Banking Committee highlighted recent reports suggesting that Meta was conducting a “small and focused” trial with a third-party…
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%…
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin network is observing the fastest exodus of holders in nearly two years, a potential sign that retail is taking profits. Bitcoin Total Amount Of Holders Has Declined Recently According to data from on-chain analytics firm Santiment, the Total Amount Of Holders has observed a notable drop for Bitcoin recently. This metric tracks, as its name suggests, the total number of addresses present on the BTC blockchain that are carrying a non-zero balance. When the value of the indicator goes up, it means…
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has moved higher with the broader crypto market this week, but its rebound is now facing a technical test that may decide whether the move has real strength or only a reflection of Bitcoin’s momentum. A recent technical outlook points to a shortfall on the ETH daily candlestick chart, as the price continues to stall below the upper end of its rising channel despite repeated attempts to extend the rally. Ethereum’s Rally Is Showing A Shortfall Technical analysis of the Ethereum daily candlestick timeframe chart shows…
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The banks’ statement comes as senators prepare for a long-delayed committee vote on the Clarity Act. A coalition of the nation’s top banking trade groups, representing Wall Street giants and community banks alike, issued a statement Friday expressing concern that new language in a major crypto bill would benefit digital assets companies and disrupt the traditional banking industry.For months, the banking industry and the crypto lobby have…
On April 21st and 22nd 2026, during a Senate Armed Services Committee, Admiral Samuel Paparo of U.S. Indo-Pacific Command made comments on Bitcoin’s utility in cybersecurity for the country’s military, calling it a “valuable computer science tool as power projection,” and disclosing that INCOPACOM is running a Bitcoin node in their experiments with the protocol. The comments by the INCOPACOM Commander came just days after the Islamic Republic of Iran demanded payment in Bitcoin for safe passage across the Strait of Hormuz. The mention of “power projection” echoed the work of a famous and controversial Bitcoiner, Jason Lowery, author of…
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…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Debates surrounding the XRP holdings of former Ripple Chief Technology Officer (CTO), David Schwartz, continue to emerge across the crypto market. New updates from an XRP researcher show just how many tokens Schwartz held and how much this would have been worth each year from 2012 to 2026 if he had never sold off his holdings. How Much Ripple’s Ex-CTO’s XRP Holding Could Have Been Worth A prominent crypto blockchain researcher, known as BankXRP, has released a new report on the value of the XRP stash once…
May 8th, 2026 – London, United Kingdom GoMining launches GoBTC Pay a Bitcoin payment protocol that delivers on what the 2008 whitepaper promised: peer-to-peer electronic payments. GoBTC Pay is a protocol that lets consumers make native and instant payments on Bitcoin’s base layer. GoMining launches its own mining pool to prioritize GoBTC Pay transaction confirmation, targeting a 12-hour final on-chain settlement by the end of 2026. The launch marks a strategic expansion for GoMining, a platform with 5 million users. GoBTC Pay extends this ecosystem into everyday payments. GoBTC Pay enables free and instant Bitcoin payments on the core Bitcoin…
In brief Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of AI infrastructure using Nvidia’s DSX architecture. Nvidia received a five-year option to purchase up to 30 million IREN shares at $70 per share, representing potential investment rights of $2.1 billion. IREN stock surged in after-hours trading, but the buzz cooled after IREN shared its earnings miss afterwards. Nvidia and Bitcoin mining firm turned AI compute provider IREN Limited announced a deal late Thursday to deploy up to 5 gigawatts of next-generation AI infrastructure.The partnership centers on deploying Nvidia’s…
Make CryptoSlate preferred on Ethereum’s share of the total value locked (TVL) in DeFi compressed from 63.5% at the start of 2025 to around 54% as of May 7, hovering near the lowest level recorded since May 2025.DefiLlama puts Ethereum’s current TVL at $45.4 billion, while the chains absorbing share have each staked out a distinct function, such as decentralized exchange (DEX) flow, stablecoin settlement, BTC collateral, consumer onboarding, and perpetuals trading.Solana holds 6.66% of DeFi TVL, BNB Chain 6.60%, Bitcoin 6.35%, Tron 6.17%, Base 5.44%, and Hyperliquid 1.81%. That clustering defines that DeFi has moved from a single Ethereum-centered…
In brief ECB President Christine Lagarde said euro stablecoins are “not an efficient way” to boost the euro’s global role, warning their risks outweigh short-term gains. She flagged two “material” risks: financial instability from sudden redemptions and weaker monetary policy transmission if deposits shift out of banks. Industry leaders pushed back, warning Europe risks dollar dominance and sending a negative signal to private investors building euro stablecoins. ECB President Christine Lagarde pushed back Friday on calls for euro stablecoins, saying the instrument is “not an efficient way” to strengthen the euro’s international role—and that Europe should stop trying to copy…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto pundit Bull Theory has alluded to a Russell 2000 signal, which has always triggered every major Bitcoin bull market. This signal is again said to have triggered, signaling that another major bull run may be on the horizon. Russell 2000 Signal Points To Another Bitcoin Bull Market In an X post, Bull Theory stated that the Russell 2000 just gave the same signal that has triggered every major Bitcoin bull market in the past. The pundit further revealed that this index has broken out after consolidating…