May 3, 2026
Bitcoin

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in the bill. The text bars crypto firms from paying interest

Read More
Crypto

Bitcoin reclaims the $78,000 handle on Gate

Bitcoin has reclaimed $78,000 on Gate’s BTC/USDT pair, extending a rebound from $76,000 and keeping the market within range of the closely watched $80,000 level. Summary Gate’s BTC/USDT market shows Bitcoin trading at about $78,004, up 2.15% over the past 24 hours and back above a key resistance area traders have been watching all week.

Read More
Bitcoin

Galoy Unveils Bitcoin Banking ‘Sidecar,’ Helps Banks With BTC

Galoy is widening its push into U.S. banking at a moment when many institutions still wrestle with how, or whether, to bring Bitcoin into their product stack.  Ahead of this week’s Bitcoin 2026 conference in Las Vegas, Galoy unveiled an expanded version of its Bitcoin-native core banking platform, aiming to turn a fragmented set of

Read More
Crypto

Coinbase CUSHY credit fund targets institutions

Coinbase Asset Management announced CUSHY on April 30, a tokenised stablecoin credit fund for qualified institutional investors running on Ethereum, Solana, and Base, with Apollo handling private credit origination, Superstate issuing tokenised shares via FundOS, and Northern Trust administering the fund. Summary Coinbase CUSHY targets yield from three sources: public digital credit, private asset-based lending

Read More
Bitcoin

ONDO Token Eyes Fee Switch as Revenue Grows

ONDO token holders await a 2026 fee switch vote as Ondo Finance revenue grows from tokenized real-world assets. Ondo Finance has become a major name in tokenized real-world assets as its products gain wider use.  The protocol earns revenue through USDY and OUSG, while ONDO holders currently receive only governance rights.  A planned 2026 fee

Read More
Crypto

$14.5m BTC long and $23.3m ETH long on the line

Summary HyperInsight data show Huang Licheng has boosted his Bitcoin long to about $14.5 million with more than 40x leverage, opening around $76,357 and facing liquidation near $72,904.5. He is also running a 25x leveraged Ethereum long worth roughly $23.3 million, with an average entry price of $2,311.63 and a liquidation level at $2,202.7. The

Read More
Crypto

David Schwartz addressed the resurging controversy on X

Ripple CTO Emeritus David Schwartz has pushed back against a resurfaced 2017 post in which he said XRP could not stay “dirt cheap,” rejecting the community’s reading of it as a price guarantee and separately dismissing claims that Ripple holds any hidden mechanism to massively reprice the token. Summary The 2017 post stated XRP could

Read More
Bitcoin

BTC Battered but Far from Beaten

Bitcoin has entered March after one of the most structurally severe corrections in its history, recording five consecutive monthly red closes for only the second time ever and marking a 52 percent drawdown from the October 2025 peak. The January–February “double-red” start to 2026 also stands in stark contrast to historical seasonality with the final

Read More
Crypto

SEC schedules CLARITY Act roundtable in May

The US Securities and Exchange Commission has scheduled a CLARITY Act roundtable for May, bringing together SEC and CFTC officials with crypto industry representatives to debate digital asset market structure jurisdiction, one of the final regulatory steps before the Senate Banking Committee’s expected markup the week of May 11. Summary The SEC roundtable on the

Read More
Bitcoin

Bitcoin Price Prediction: BTC is Pentagon “National Security Asset”

US Secretary of War Pete Hegseth told the House Armed Services Committee this week that the Pentagon is running classified Bitcoin projects that provide the US military “a lot of leverage in a lot of different scenarios.” This repositioned Bitcoin from a speculative technology price prediction into an instrument of American strategic power. With it

Read More