Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise....
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Trump Media takes $406 million hit from Bitcoin and equity losses
Trump Media’s financial losses highlight the volatility of digital assets and may prompt strategic shifts towards more stable investments. The post Trump Media takes $406 million hit from Bitcoin and equity losses appeared first on Crypto Briefing....
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Emerging-market users are treating crypto exchanges like banking apps, Binance says
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said....
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Michael Saylor Says Don’t Bother Working Hard: Is The Crypto Billionaire’s Take Controversial Or Simply Common Sense In Today’s Era
Strategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor recently expressed a view on the diminishing value of hard work amid the rise of artificial intelligence. AI Will Make Hard Work Obsolete? During the Peter McCormack show dated April 30, Saylor suggested that the traditional virtues of hard work and talent are becoming less valuable in a world...
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US banks reject CLARITY Act stablecoin deal days before Senate vote
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial…...
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Trump administration appeals court ruling that declared tariffs unconstitutional
The Supreme Court’s decision could redefine presidential power limits, impacting trade policy stability and potential tariff refunds. The post Trump administration appeals court ruling that declared tariffs unconstitutional appeared first on Crypto Briefing....
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Swiss central bank bitcoin reserve push fails over signature shortfall
The initiative sought to amend Switzerland’s constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves....
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CME is set to let traders bet on bitcoin volatility, not just price
CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings....
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UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production
The UAE’s OPEC exit may reshape global oil dynamics, potentially lowering prices and signaling a strategic pivot towards diversified economic growth. The post UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production appeared first on Crypto Briefing....
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Amazon boosts CAPEX to $44.2B, up from $25B last year
Amazon’s increased CAPEX highlights its strategic bet on AI infrastructure, posing significant risks if AWS growth or AI demand falters. The post Amazon boosts CAPEX to $44.2B, up from $25B last year appeared first on Crypto Briefing....
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