Senate Stablecoin Bill Delayed Amid Industry Pushback Over Yield Provisions The Senate Banking Committee postponed a scheduled markup hearing on crypto market structure legislation as bipartisan negotiations intensify over contentious stablecoin yield restrictions, creating a rare moment where regulatory gridlock and growing decentralized…
Morgan Stanley Exec: Bitcoin on Bank Sheets ‘Just Not Yet’ Morgan Stanley’s investment strategist forecasts Bitcoin eventually landing on bank balance sheets, but timing remains a key barrier amid ongoing institutional caution. The comments, from a recent Morgan Stanley Wealth Management analysis, highlight…
Iran’s Nobitex Tied to Elite, Handles Sanctioned Flows A Reuters investigation published May 4, 2026, reveals that Iran’s largest cryptocurrency exchange, Nobitex, was founded by brothers from the influential Kharrazi family with ties to the supreme leader, processing tens to hundreds of millions…
Stablecoins Target $112B LATAM Remittance Gap Outside US-Mexico Bybit’s top executive highlighted a $112 billion remittance opportunity in Latin America beyond the saturated US-to-Mexico corridor, urging stablecoin firms to build country-specific infrastructure. The call comes as US-Mexico flows declined 4.5% to $61.8 billion…
Canton Network Builds Guardrails for Institutional DeFi Canton Network launched Zenith on April 27, 2026, bridging Ethereum’s public DeFi with institutional privacy controls, signaling banks’ push toward regulated blockchain infrastructure amid rising exploit risks.[1][2] Institutions backing Canton are embedding customizable guardrails into blockchain…
Bitcoin Clears $80K as Institutional Flows Return, Yet Hedging Signals Caution Bitcoin crossed $80,000 for the first time since January on May 4, reclaiming a technical level that market participants had flagged as critical to confirming the end of a months-long correction from…
XRP Breaks $1.40 on Volume Surge Amid Conference Hype XRP surged above $1.40 on Monday, climbing to $1.42 with trading volume exceeding $3 billion, as momentum from Ripple’s recent Las Vegas conference fueled the move.[3][2] The token rose 4-5% over the past week,…
Veteran Trader Eyes $250K Bitcoin by 2029 After Prolonged Bottom Veteran commodities trader Peter Brandt projects Bitcoin reaching $250,000 by late 2029, but only after an extended bottoming process that could stretch into September or October 2026.[1][2][5] Bitcoin trades near $80,000 following a…
MicroStrategy Pauses Bitcoin Buys Before Earnings as BTC Hits Record High MicroStrategy halted Bitcoin purchases this week ahead of its Q1 earnings release on Tuesday, marking the second pause of 2026, even as Bitcoin surged to a new all-time high above $78,000.[1][3][4] Chairman…
