Author: John Smith

Ripple CTO Emeritus David Schwartz has pushed back against claims that a non-disclosure agreement or “gag order” controls his public comments about Ripple and XRP.  Summary David Schwartz denied gag order claims, saying no NDA forces him to mislead XRP holders publicly. He questioned $10,000 XRP forecasts, arguing market behavior does not support those claims today now. Ripple secrecy rumors remain disputed as Schwartz says no hidden plan exists to pump XRP. The dispute followed fresh community criticism over his recent comments on extreme XRP price targets. Schwartz responded after an XRP community member claimed he may be bound by…

Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action.  Summary Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again. Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week. XRP held its range while Algorand led altcoin gains with a strong daily advance. The wider crypto market stayed calm, while XRP held near $1.39 and Algorand led daily gains. Bitcoin traded near $78,402 after touching an intraday high of $78,963, according to live market data. The…

Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards.  Summary Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act. Banks secured limits on deposit-like yield, while crypto firms kept activity-based user rewards under rules. The Senate markup path now depends on committee support, regulatory details, and wider political backing. The agreement could help the CLARITY Act move toward a Senate markup after months of delay. According to a Reuters report, the debate centered on whether crypto firms and stablecoin issuers should offer rewards to customers.…

The New York Stock Exchange has filed a rule change with the U.S. Securities and Exchange Commission to allow tokenized versions of eligible securities to trade on its market.  Summary NYSE wants tokenized securities to trade beside traditional shares on the same exchange order book. Eligible tokenized assets must keep the same ticker, CUSIP, rights, and privileges as originals. Clearing and settlement would remain through DTC, keeping tokenized trading inside existing market rails now. The filing adds to a wider push by major exchanges to bring blockchain-based settlement into regulated market systems. The SEC notice shows that NYSE filed the…

Entering 2026, the global cryptocurrency market remains highly active. Strategy’s $2.57 billion Bitcoin purchase once again highlights institutional investors’ continued interest in the long-term value of Bitcoin. It has also brought greater attention to Bitcoin Cloud Mining and Cryptocurrency Mining among global users. As Bitcoin and crypto assets become more widely adopted, more users are looking for ways to participate in cryptocurrency mining. However, traditional mining usually requires purchasing mining machines, covering electricity costs, and having the technical ability to maintain equipment. For ordinary users, the entry barrier can be relatively high. Against this background, Cloud Mining has become a…

The crypto market recap for May 3 centered on U.S. regulation, tokenized securities, venture funding and Bitcoin-focused corporate activity.  Summary Coinbase said Senate negotiators reached a stablecoin rewards deal, easing delays around the CLARITY Act. NYSE filed to trade tokenized securities under DTC’s pilot while preserving traditional share rights rules. Founders Fund raised $6 billion as Tether backed a Bitcoin merger involving Strike and Elektron. Coinbase reported progress on a key crypto bill, while the NYSE moved closer to tokenized stock trading under a DTC pilot. Coinbase says CLARITY Act deal clears key hurdle Coinbase said Senate negotiators reached a…

Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history.  Summary Founders Fund closed a record $6 billion fund focused mainly on late-stage startup investments. Limited partners provided $4.5 billion, while Thiel and insiders contributed another $1.5 billion. The raise shows major venture firms still attract capital for mature technology companies. The vehicle will focus mainly on late-stage companies as private startups continue to seek large funding rounds outside public markets. Bloomberg reported that Founders Fund raised $6 billion for a new late-stage investment vehicle, citing people familiar with…

Warren Buffett used the 2026 Berkshire Hathaway shareholder meeting to warn investors about rising speculation across markets.  Summary Buffett said investors are showing a stronger gambling mood across volatile markets and short-term trades. He criticized one-day options, calling them gambling rather than investing based on business value. Greg Abel led Berkshire’s meeting as Buffett’s warning renewed debate over speculation and crypto. His remarks targeted short-term trading, risky bets, and the wider appetite for volatile assets, including crypto. Buffett said market behavior has moved closer to gambling as more retail traders chase fast returns. He described the current mood as unusually…

New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold.  Summary Uphold will pay over $5 million directly to customers affected by the failed CredEarn product. New York said CredEarn users were not told about risky lending behind advertised returns clearly. The settlement adds to New York’s wider enforcement push against crypto products and market operators. The settlement relates to Uphold’s promotion of CredEarn, a crypto savings product tied to Cred, LLC. The New York Attorney General’s office said Uphold promoted CredEarn between January 2019 and October 2020. The product was marketed to users…

Major US banking trade groups have asked the Treasury Department and the FDIC to pause three GENIUS Act rulemaking comment periods until the OCC finalises its primary stablecoin framework, while stablecoin startup Agora simultaneously filed for a national trust bank charter on April 24 to establish a federal presence before the rules harden. Summary The American Bankers Association and the Bank Policy Institute asked Treasury and the FDIC to wait 60 days after the OCC finishes its framework before running parallel comment periods, arguing the proposals are structurally interdependent. Agora CEO Nick van Eck called the banks’ stance “not much…