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California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.” In a May 22 notice, Rep. Waters said the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025 bill would be aimed …
Continue reading “US lawmaker introduces anti-corruption bill ahead of Trump's dinner”
Key points: Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session. BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking. Bitcoin (BTC) focused on $111,000 around the May …
Continue reading “BTC price eyes $112K as risk assets 'ignore bad news' on unemployment”
Key takeaways: Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued. Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases. Long-term holders are not aggressively selling, reflecting their expectation for continued Bitcoin price appreciation. Bitcoin (BTC) hit a new all-time …
Opinion by: Ahmad Shadid of O.xyz Semiconductors scored a rare exemption from US President Donald Trump’s aggressive reciprocal tariffs, but the relief is symbolic at best. Most semiconductors enter the US embedded in servers, GPUs, laptops, and smartphones. The finished goods remain heavily tariffed, some with duties reaching up to 49%. The exemption looks good …
Continue reading “Semiconductor exemptions don’t matter when it comes to tariffs”
As the question of stablecoin regulation heats up in the US Senate, so has the issue of which members are personally invested in cryptocurrencies and cryptocurrency firms. On May 19, the Senate voted to invoke cloture and move ahead with the GENIUS Act, which would provide a regulatory framework for stablecoins. The measure passed 66-32, …
Continue reading “Which senators invest in crypto? 11 lawmakers have blockchain-related investments”
Cryptocurrencies and non-fungible tokens (NFTs) can help investors protect their eroding purchasing power during an era of exponential currency debasement, according to analysts and industry leaders. Investing in digital assets is becoming increasingly important in the “world of the exponential age and currency debasement,” according to Raoul Pal, founder and CEO of Global Macro Investor. …
Continue reading “Exponential currency debasement: ‘You don’t own enough crypto, NFTs’”
What if a financial system could run itself not by burning electricity, but by rewarding good behavior? That’s the promise of staking, a mechanism that powers many modern blockchains by turning users into network operators. In this week’s episode of The Clear Crypto Podcast, hosts Gareth Jenkinson and Nathan Jeffay sit down with StarkWare’s Noam …
Continue reading “How staking incentivizes trust without burning energy”
The United Kingdom’s Court of Appeal has partially dismissed a lawsuit brought by Bitcoin SV investors against major crypto exchanges, including Binance, for allegedly conspiring to delist the token in 2019. In a judgment handed down on May 21, the court ruled that investors who held BSV through the delisting period (classified as “sub-class B”) …
Continue reading “UK court partially dismisses Bitcoin SV investor’s lawsuit against Binance”
Cetus, a decentralized exchange (DEX) built on the Sui blockchain, is suspected to be undergoing a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a screenshot of Cetus market …
Continue reading “Sui DEX Cetus suspected of being hacked: Over $200M in potential losses”
A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670 per coin, reentering ETH after a …
Continue reading “Whale buys back ETH holdings after losing $2.67M by selling early”
