Bitcoin

May 12, 2026
Joseph Rees
Bitcoin

Congress Members to Hold Bipartisan Crypto Tax Meeting May 14

Key Takeaways House Ways and Means Committee convenes bipartisan crypto tax session on May 14, alongside the CLARITY Act vote. PARITY Act would defer staking taxes for up to...

May 12, 2026
Joseph Rees
Bitcoin

Why the World Needs a ‘Neutral’ Blockchain Settlement Layer

Key Takeaways Cardano CEO Frederik Gregaard stated that blockchain must provide a neutral alternative to politicized global banks. Showing impact, the A7A5 stablecoin moved $93B before the EU banned...

May 12, 2026
Joseph Rees
Bitcoin

Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim

Key Takeaways Draftkings CEO Jason Robins eyes “top two or three” global market-maker spot via the Railbird exchange. Flutter began market-making for a major third-party prediction platform in April;...

May 12, 2026
Joseph Rees
Bitcoin

Bitcoin Miner Cleanspark Posts $378M Loss in Q2

Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss...

May 12, 2026
Joseph Rees
Bitcoin

Strategy’s Bitcoin Sale Comment Puts Treasury Risk in Focus

Key Takeaways Strategy could sell BTC to fund dividends while seeking to preserve confidence in its treasury approach. Preferred securities make liquidity, dividend coverage, and market access more important...

May 11, 2026
Joseph Rees
Bitcoin

Moonpay Moves Into AI-Native Trading With Dawn Labs Acquisition and Dawn CLI Launch

Key Takeaways Moonpay acquired Dawn Labs on May 11, 2026, adding founder Neeraj Prasad as Chief Engineer of Moonpay Labs. Dawn CLI automates the full trading lifecycle, targeting fragmented...

May 11, 2026
Joseph Rees
Bitcoin

Circle Internet Group Gains 16% as Arc Blockchain Raise Draws Blackrock and Apollo

Key Takeaways Circle shares closed up 16% on May 11, 2026, pushing CRCL’s year-to-date gains to roughly 68%. Blackrock, A16z, and Apollo backed Circle’s $222M Arc token presale at...

May 11, 2026
Joseph Rees
Bitcoin

ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability

Key Takeaways ICBA President Rebeca Romero Rainey warned Kraken’s OCC national trust charter application creates “interconnected risks” to financial stability. ABA CEO Rob Nichols urged bank CEOs on May...

May 11, 2026
Joseph Rees
Bitcoin

CLARITY Act Markup Raises Stakes in Stablecoin Banking Clash

Key Takeaways Senator Moreno criticized banks for intensifying opposition before a Senate stablecoin legislation session. Stablecoin supporters say the bill could expand competition and improve customer yields. Lawmakers are...

May 11, 2026
Joseph Rees
Bitcoin

Crypto Funds Pull In $857.9M Last Week as CLARITY Act Markup Lifts

Key Takeaways Crypto funds saw $857.9M in weekly inflows, with bitcoin leading at $706.1M, per Coinshares. Senate Banking Committee CLARITY Act markup is set for May 14; a floor...