A Nexo research analyst believes a full CLARITY Act approval from the Senate could trigger a BTC bull run. A few days ago, the Digital Asset Market Clarity Act (CLARITY Act) made some progress in the Senate. The bill has advanced out of the Senate Banking Committee despite strong opposition from some lawmakers and…
XRP Ledger activity rose sharply after XRP briefly moved above $1.54 for the first time in two months, according to Santiment data shared on May 16. Summary XRP network activity hit two-month highs after price briefly reclaimed levels last seen in March. Spot XRP ETFs logged $60.50 million weekly inflows, their strongest week since late…
Here’s a fun tension inside Solana’s leadership: the Foundation’s president thinks meme coins are useful stress tests for the network. The co-founder thinks they’re garbage. Both of them work on the same blockchain. Lily Liu, president of the Solana Foundation, said during a discussion with Fundstrat’s Sean Farrell that meme coins should be understood as…
Why did the SOL and XRP ETFs saw only inflows, while the BTC and ETH counterparts were deep in the red? Bitcoin’s price breakout attempts were halted on a few occasions at $82,000 in the past week, which could be explained to an extent by the developments on the US ETF front. The spot…
The U.S. Department of Justice has charged German citizen Owe Martin Andresen over an alleged money laundering scheme tied to Dream Market, a darknet marketplace that shut down in 2019. Summary DOJ charged Owe Martin Andresen over alleged laundering tied to Dream Market administrator wallets. Prosecutors said dormant crypto wallets moved funds before purchases of…
The S&P 500 blew past 6,500 on April 1, tacking on roughly 100 points in a single session. The engine behind the move wasn’t just strong earnings or renewed investor confidence. It was the options market, where a torrent of call buying triggered a textbook gamma squeeze that forced market makers to keep buying stocks…
USDC users are again asking whether Circle should offer a clearer recovery process for mistaken token transfers. Summary USDC users are questioning Circle’s recovery options after claims of mistaken transfers to inaccessible contracts. Tether’s official recovery page says some mistaken USDT deposits may be reviewed case by case. Tether freezes far more stablecoin value than…
SpaceX is targeting May 19 for the inaugural flight of its Starship V3, a significantly upgraded version of the largest rocket ever built. Liftoff is planned for approximately 22:30 UTC from Starbase Pad 2 in Boca Chica, Texas, pending final preparations. This will be the 12th overall Starship flight, but the first to use the…
Jump Crypto’s Firedancer has entered production on Solana mainnet and is now producing blocks, according to a CoinDesk report. Summary Firedancer has started producing Solana mainnet blocks after years of development by Jump Crypto engineers. Jump Crypto says validators should not switch at scale before full security audits are completed. The rollout adds client diversity…
Qatar, responsible for roughly 20% of global liquefied natural gas trade, has seen its exports completely shut down for approximately 60 days. The closure of the Strait of Hormuz, compounded by missile strikes on the Ras Laffan industrial complex, has created what is shaping up to be the most significant energy supply disruption in years….
