Bitcoin allows users to transfer assets quickly in a crisis Michael Saylor, Strategy founder, said Bitcoin enables people to build a virtual bank in cyberspace. This collective system is maintained by everyone, allowing for rapid asset transfers during a crisis.
Arthur Hayes argues crypto's 24/7 trading accelerates capital cycles but mirrors traditional markets' long-term attrition rates. BitMEX co-founder Arthur Hayes stated that 99% of altcoins will eventually go to zero, comparing the trend to the S&P 500, where 98% of companie
Bitcoin stalls near $80,000 amid $268M ETF outflows Bitcoin has stalled near $80,000 after being rejected at $82,500. The stall comes as US-listed spot Bitcoin ETFs posted $268 million in net outflows. The outflows signal short-term caution, but a weak US dollar and
U.S. Senate Banking Committee to vote on crypto market structure bill The U.S. Senate Banking Committee will review and vote on the Digital Asset Market Clarity Act of 2025. The committee's vote is scheduled for May 14 at 10:30 a.m. ET. If approved, the bill will
Banks say Clarity Act language allows stablecoin yield evasion Top banking groups expressed concern over new language in the Clarity Act, which they claim leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but allow rewar
SEC Chair’s support for onchain finance rules and strong labor data boosted risk appetite, lifting crypto-linked equities and altcoins. Coinbase shares rebounded 10% from session lows Friday as altcoins surged and bitcoin held above $80,000. The rally followed SEC Chair Pa
TeraWulf’s Q1 2026 net loss widened to $427 million, though AI compute revenue jumped 117% quarter-over-quarter to $21 million. TeraWulf reported a $427 million net loss for Q1 2026, deepening from a $61.4 million loss in the same period last year. Revenue reached $34 mill
Elizabeth Warren demands Meta reveal stablecoin integration details by May 20 ahead of the Clarity Act vote in the Senate. Sen. Elizabeth Warren has called on Meta to fully disclose its stablecoin plans before the Senate votes on the Clarity Act, a bill aimed at regulating
Traders on prediction platform Myriad now assign an 82% probability to MicroStrategy selling BTC this year following executive comments. Prediction market Myriad shows 82% odds that MicroStrategy will sell some of its Bitcoin holdings in 2024, up sharply from prior weeks.
BTC struggles near $80,000 after $277.5 million in ETF outflows, signaling caution among investors at key resistance levels. Bitcoin hovered near $80,000 on Friday after a pullback to $79,000, with traders assessing whether the cryptocurrency can break through the $84,000-