Box Elder County commissioners approved Kevin O’Leary’s 9GW Stratos AI campus in Utah on May 4, amid loud public protests from hundreds of local residents. Summary Kevin O’Leary’s Stratos project, a 40,000-acre AI campus in Utah, received county approval on May 4 despite strong community opposition over water, energy, and environmental concerns. The campus will
Fairshake has spent $28 million in 2026 primaries as a new poll shows most Americans distrust crypto and AI, raising questions about the political value of industry-backed super PAC money. Summary Fairshake and pro-AI PAC Leading the Future have together spent over $100 million in 2026 midterm races, according to federal filings and published reporting.
Eric Trump mocked JPMorgan at Consensus Miami 2026 for reversing its bitcoin stance within 18 months, saying banks have accepted they can no longer hold back the tide. Summary Eric Trump told Consensus Miami that JPMorgan dismissed bitcoin as a “joke asset” 18 months ago and is now allowing clients to take out mortgages against
Senator Kirsten Gillibrand took the Consensus Miami 2026 mainstage on Day 2 and expressed optimism about the CLARITY Act’s prospects in Congress, appearing alongside Kevin O’Leary and Coinbase’s Paul Grewal. Summary Senator Kirsten Gillibrand appeared on the Consensus Miami 2026 mainstage on May 6 and said she is optimistic about the path forward for the
BitMEX co-founder Arthur Hayes says his target for Zcash is 10% of Bitcoin’s price, arguing ZEC’s latest rally is early innings despite mounting pressure on privacy coins. Summary BitMEX co-founder Arthur Hayes said his upside target for Zcash (ZEC) is 10% of Bitcoin’s price. Hayes argued on X that ZEC’s current rally “still has a
Spot gold smashed through $4,710 per ounce while silver jumped more than 6%, extending a months‑long precious‑metals rally that is now outpacing most risk assets and reopening the gold‑versus‑Bitcoin safe‑haven debate. Summary Spot gold broke above $4,710 per ounce on Wednesday, with intraday quotes around $4,709.08, a 3.38% gain on the session. Spot silver jumped
Zcash price surged more than 40% on Wednesday, briefly touching the $600 mark after Multicoin Capital co-founder Tushar Jain revealed the firm had quietly accumulated a significant position in the privacy-focused cryptocurrency since early 2024. Summary Zcash price surged more than 40% after Multicoin Capital revealed it had accumulated a major ZEC position since 2024.
CryptoQuant flags Bitcoin’s unfilled $93k CME futures gap as a key upside “price magnet,” not a guaranteed destiny, for the next leg of the BTC cycle. Summary CryptoQuant analysts frame the $93k Bitcoin CME gap as a major liquidity and sentiment magnet, not a predetermined target. They argue CME gaps act as signal zones where
Large technology firms have begun testing stablecoin-based payouts, with Bitwise’s Matt Hougan saying the early pilots could support growth toward a $4 trillion market by 2030 from roughly $300 billion today. Summary Bitwise CIO Matt Hougan said stablecoin payout pilots by DoorDash and Meta could support market growth toward $4 trillion from about $300 billion
Figure Technology Solutions is moving deeper into the U.S. mortgage market with a plan to challenge Fannie Mae and Freddie Mac in first-lien loans. Summary Figure says blockchain can cut mortgage origination costs from $11,000 to about $1,000 per loan. The firm targets sub-$300,000 loans, where traditional mortgage fees can weigh heavily on borrowers. Figure’s
