Author: John Smith

Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if it passes. Success, Sirkia says, means founders launching U.S. products without fear of retroactive enforcement years down the line. The CLARITY Act is moving faster than at any point in its legislative history. The Senate Banking Committee released a new 309-page draft on May 12,…

Metaplanet loss hit $725 million in Q1 2026, driven entirely by a $737 million non-cash Bitcoin writedown. Summary Japan’s Metaplanet posted a Q1 net loss of $725.6 million, driven by ¥116.4 billion in non-cash Bitcoin valuation losses as BTC fell 24% during the period. Revenue rose 251% year over year to $19.5 million and operating profit grew 283% to $14.4 million, as Bitcoin option income surged. Metaplanet added 5,075 BTC in Q1 to reach 40,177 total, cementing its position as the largest public Bitcoin holder outside the United States. Tokyo-listed Metaplanet (TSE: 3350) reported a net loss of ¥114.5 billion…

Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. Summary Bloomberg ETF analyst Eric Balchunas says Bitcoin ETF IBIT has outperformed gold ETF GLD by 33 percentage points since March. IBIT recorded $4.2B in inflows while GLD saw $9B in outflows, creating a $13B divergence in capital flows. The shift signals accelerating institutional rotation from traditional safe-haven assets into digital alternatives. According to Balchunas, IBIT has attracted approximately $4.2 billion in net…

Hyperliquid price extended its decline on Tuesday after failing to hold above a key resistance zone, raising concerns that a bearish double top pattern may now be forming on the daily chart. Summary Hyperliquid price fell toward $39 after forming a potential bearish double top pattern near the $44–$45 resistance zone. Whale positioning on Hyperliquid reached $4.236 billion, with long and short exposure remaining nearly balanced at a 0.98 ratio. A bearish MACD crossover and weakening momentum indicators raised the risk of a deeper correction toward the key $35 support level. According to data from crypto.news, Hyperliquid (HYPE) price dropped…

Binance will roll out a new suite of U-margined perpetual futures contracts tied to traditional financial assets on May 15, adding exposure to Oracle, Disney, Uber, Cisco, Home Depot and Litecoin as the exchange accelerates its push into hybrid crypto-TradFi markets. Summary Binance will launch U-margined perpetual contracts tied to major U.S. equities including Oracle, Disney and Uber on May 15. The move deepens the exchange’s push to merge traditional finance exposure with crypto-native derivatives trading. Analysts say growing macro and political volatility is increasingly driving altcoin and Bitcoin trading behavior alongside equities. The launch was first reported by ChainCatcher,…

Alchemy Pay has joined Mastercard’s Crypto Partner Program as the payment gateway seeks closer ties with global payment infrastructure.  Summary Alchemy Pay joined Mastercard’s Crypto Partner Program to explore fiat-crypto payment integration with global commerce. Mastercard says the program links crypto builders with card rails, compliance standards, and payment partners. Related crypto.news coverage shows Mastercard expanding stablecoin, wallet, and crypto card partnerships worldwide this year. The company said the move will support future work on on-chain payments and digital asset commerce. Alchemy Pay said it wants to pursue deeper integration through future initiatives within the Mastercard ecosystem. The company said…

Block’s Square has reportedly enabled roughly one million U.S. merchants to accept Bitcoin payments.  Summary Square’s auto-enrollment push has now enabled roughly one million U.S. sellers to accept Bitcoin payments. Lightning Network support lets customers pay in BTC while merchants receive U.S. dollars by default. Block’s wider Bitcoin strategy includes Cash App rewards, Bitkey custody, and proof-of-reserves reporting across products. The rollout uses the Lightning Network, allowing customers to pay in BTC while sellers receive U.S. dollars by default. The update follows Square’s earlier plan to bring Bitcoin payments to eligible sellers by 2026. Block said in 2025 that the…

Switzerland has launched its first live municipal blockchain project through a biodiversity reward voucher system built on the Hedera network and backed by a Swiss franc-linked digital payment instrument. Summary Switzerland’s first municipal blockchain voucher system has launched in Muri bei Bern using the Hedera network. Residents can earn digital biodiversity vouchers for conservation work and redeem them at local businesses for 1 Swiss franc. The project uses Swisscoast’s HCHF stablecoin infrastructure as Switzerland continues developing stablecoin regulations under FINMA oversight. According to an announcement shared with crypto.news by the Municipality of Muri bei Bern, the Canton of Bern municipality…

LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral across several markets.  Summary LMAX Kiosk lets institutions use digital assets as collateral across FX, metals, CFDs and crypto. The launch follows DTCC, Franklin Templeton and BlackRock moves into tokenized collateral and fund rails. LMAX did not disclose supported assets, client names or initial trading volumes for Kiosk yet. The London-based cross-asset marketplace said the service supports spot foreign exchange, precious metals, digital assets, contracts for difference and perpetual futures. The platform brings custody, collateral access and…

Ray Dalio said Bitcoin lacks privacy and its transparency is why central banks will not hold it. Summary Bridgewater founder Ray Dalio posted on X that Bitcoin lacks privacy and its transactions can be monitored and potentially controlled by governments. Dalio said gold remains superior because it is more widely held, deeply established, and still plays a central role in the global financial system. Michael Saylor pushed back directly, calling Bitcoin’s transparency a feature rather than a flaw that makes it usable as global digital collateral. Bridgewater Associates founder Ray Dalio posted on X on May 11 that Bitcoin’s public…