Trading
Macro
Trump’s CEO-filled China visit can decide whether Bitcoin’s $80,000 risk rally survives this week
BTC traders are watching whether a diplomatic thaw can offset sticky inflation and fragile derivatives positioning.
Market
Wall Street is buying XRP while Binance traders keep betting against it
Spot ETF inflows and Ripple’s institutional credit expansion are colliding with bearish futures positioning across major exchanges.
Legislation
CLARITY Act faces 100+ amendments as bankers send 8,000 demand letters against stablecoin rewards
Crypto advocates mobilized 300,000 emails to counter a banking campaign aimed at stripping stablecoin yield provisions from the CLARITY Act.
Enterprise
Circle adds $3 billion Wall Street Arc token risking an uncomfortable rivalry with Coinbase
A longtime stablecoin partnership is entering a new phase as Circle seeks to own more of the infrastructure around USDC.
Legislation
CLARITY Act’s final draft has been released ahead of May 14 markup – What’s in it?
The Senate Banking Committee text limits passive stablecoin yield, preserves DeFi protections and leaves a Democratic ethics demand unresolved.
Politics
White House reveals US banks ‘refused’ to attend meetings to resolve stablecoin rewards issue in CLARITY Act
White House says banks skipped stablecoin talks as CLARITY Act debate sharpens over rewards, yield, and payment rules.
Macro
These forces could push Bitcoin higher this week even as US-Iran tensions continue to rattle markets
Traders are watching CPI, Washington’s crypto vote and expiring put hedges as Bitcoin holds near $80,000 despite US-Iran tensions.
Politics
CLARITY Act’s markup progress now hinges on these Democrat lawmakers
The May 14 markup will show whether the crypto industry’s top legislative priority can attract enough bipartisan support to survive beyond committee.
Crime
IRL crypto threats: Physical “wrench attacks” have led to over $100 million in losses since January alone
Wrench attacks are forcing exchanges and holders to rethink protection as criminals target the people behind private keys.
DeFi
Chainlink emerges as the unlikely $3B winner of KelpDAO exploit as DeFi projects dump LayerZero
More than $3 billion in DeFi value is moving toward Chainlink’s CCIP after the KelpDAO exploit exposed weaknesses in bridge verification.
ETF
Morgan Stanley’s MSBT ends first trading month with 0 outflows amid Bitcoin ETFs 6-week inflow streak
US spot Bitcoin ETFs have drawn $3 billion since early April, providing a strong macroeconomic tailwind for MSBT's zero-outflow first month.
Tokenization
BlackRock looks to sidestep Clarity yield issues, filing for two new tokenized money market funds
BlackRock aims to capture a larger share of the rapidly expanding $30 billion tokenized asset market.
