Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says
Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden’s Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp.”
Bank of Canada to bring stablecoin rules in 2027 with US Clarity Act on the brink of stalling
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 […]
DOGE Price Faces Bearish Wedge Despite Fresh ETF Demand
Dogecoin fell 4.62% on May 7 and traded near $0.11, yet fresh ETF inflows showed that institutional demand has not disappeared. Market data showed more than $600,000 entered DOGE exchange-traded funds during May 5 and May 6 after several quiet sessions. Besides renewed fund activity, traders continued watching technical signals that pointed to rising downside […]
It might be too late for bitcoin’s quantum migration, Project Eleven report argues
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
CLARITY Act Heads to Senate Vote as Crypto Industry Awaits Clear US Regulations
The CLARITY Act has again come into focus as the US Congress prepares for an important hearing on the bill at the upcoming Senate Banking Committee meeting scheduled for this Thursday. The proposed law may prove to be one of the most crucial bills relating to cryptocurrencies in America. Tim Scott, chairperson of the Senate
ZEC Price Breakout Confirms Bullish Momentum, Targets $782 Resistance Level
Zcash (ZEC) price is in a strong bullish phase after breaking out from consolidation, showing sustained upward momentum and renewed market confidence. Alongside price strength, the project is expanding its privacy ecosystem and progressing toward quantum-resistant upgrades and recoverable wallet features, reinforcing its long-term security and adoption outlook in the crypto space. ZEC Price Breakout
BlackRock’s 2026 Ethereum Launch Boosts On-Chain Finance
BlackRock is working on issuing tokenised money-market funds on Ethereum for those investors who have stablecoins and don’t plan to use cash in traditional bank accounts. The fund is linked to BlackRock’s $6.1B Treasury liquidity fund which mainly focuses on investing in US Treasuries and short-term debt. This move reflects a growing trend of the
Court Allows Arbitrum DAO to Transfer $71M ETH to Aave
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, giving the DeFi lender a legal route to continue its recovery plan after a North Korea-linked rsETH exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday. The order modified a restraining
Dogecoin Price Forecast Shows Targets of $1 $2 and $5 in Long Term Outlook
Dogecoin (DOGE) price is oscillating within an important support zone. Although short-term trading activity has been limited, the general sentiment remains positive, albeit with caution regarding current positions. There are fears that a bearish move could occur before an upward trend begins. At the time of writing, DOGE is trading at $0.1096 with a 24-hour
Bitcoin News: $120K Path Hits Wage Growth Speed Bump as U.S. Miss Payrolls
Bitcoin is trading below $80,000 as Friday’s U.S. nonfarm payrolls news lands with a sharp miss. April job growth clocked just 62,000 against March’s 172,000. It’s a deteriorating labor market that has previously turbocharged Fed pivot expectations and sent risk assets higher. Something is off in the labor market: In February, US employers cut -448,000 […]