Bitcoin Miner Cleanspark Posts $378M Loss in Q2

Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter. CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity. Cleanspark …

24 Finance Giants Push Deeper Into Crypto Across Regulated Markets

Key Takeaways Major financial firms are widening crypto activity across custody, payments, funds, and tokenization. Regulated ETP access has become the broadest entry point for institutional crypto exposure. Tokenized funds and blockchain settlement tools could expand deeper into traditional finance. Banks Move Crypto Deeper Into Regulated Finance Wall Street’s crypto footprint is expanding across the …

Strategy’s Bitcoin Sale Comment Puts Treasury Risk in Focus

Key Takeaways Strategy could sell BTC to fund dividends while seeking to preserve confidence in its treasury approach. Preferred securities make liquidity, dividend coverage, and market access more important for investors. Future signals include BTC sales, USD Reserve changes, preferred coverage, and new issuance. Strategy’s Potential BTC Sale Changes the Treasury Debate Strategy (Nasdaq: MSTR) …

XRP Ledger Foundation Names Ripple’s David Schwartz Honorary Board Member

Key Takeaways David Schwartz joined the XRP Ledger Foundation as an honorary board member. Foundation leaders are assigning engineering, operations, and community responsibilities across defined roles. Schwartz will support the Foundation’s technical stewardship as it expands its leadership structure. XRP Ledger Foundation Adds Schwartz to Honorary Board Role The XRP Ledger Foundation announced on X …

CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Key Takeaways Senators face recorded-vote scrutiny tied to the CLARITY Act markup. Stand With Crypto says it represents more than 2.9 million U.S. advocates. Committee action could advance digital asset market structure legislation. Senate Banking Markup Puts CLARITY Act Scorecard in Focus Senate Banking Committee members face new scorecard pressure ahead of the May 14 …

Moonpay Moves Into AI-Native Trading With Dawn Labs Acquisition and Dawn CLI Launch

Key Takeaways Moonpay acquired Dawn Labs on May 11, 2026, adding founder Neeraj Prasad as Chief Engineer of Moonpay Labs. Dawn CLI automates the full trading lifecycle, targeting fragmented infrastructure on platforms like Polymarket and Kalshi. Moonpay now serves 30 million customers across 180 countries as it pushes deeper into AI-native financial infrastructure. Moonpay Buys …

Galaxy Digital and Sharplink Launch $125 Million Institutional DeFi Yield Fund

Key Takeaways Galaxy Digital and Sharplink formed a $125M fund, moving DeFi to institutional treasuries. Holding 870K ETH, Sharplink proves large firms can safely access onchain market yields. Next, Galaxy will manage the $125M pool to generate risk-managed ETH returns for investors. Sharplink and Galaxy Partner To Deploy $125M DeFi Ecosystem Liquidity Fund Decentralized finance …

South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks

Key Takeaways Bank of Korea data shows domestic virtual asset holdings fell over 50% to $41.17 billion by February 2026. Investors shifted capital to booming stock markets as bitcoin trading volumes crashed by 70% in early 2026. High exchange rates will likely drive further demand for dollar-pegged Stablecoins through late 2026. Massive Capital Migration to …

Circle Internet Group Gains 16% as Arc Blockchain Raise Draws Blackrock and Apollo

Key Takeaways Circle shares closed up 16% on May 11, 2026, pushing CRCL’s year-to-date gains to roughly 68%. Blackrock, A16z, and Apollo backed Circle’s $222M Arc token presale at a $3B fully diluted valuation. USDC onchain transaction volume hit $21.5 trillion in Q1 2026, up 263% year-over-year. Circle Investors Push CRCL up 16% Shares of …

OCC Gives Augustus Conditional Approval to Build AI-Native Clearing Bank in the US

Key Takeaways The OCC conditionally approved Augustus Bank N.A. this week, making it the first AI-native stablecoin clearing bank to reach this stage in the U.S. Ferdinand Dabitz, 25, a Thiel Fellow, will become the youngest CEO of a federally chartered U.S. bank in 140 years if the charter receives full approval. Augustus said it …

Kiyosaki Has Been Stacking Silver Since 1965, Says It’s Now One of His Best Investments

Key Takeaways Silver has broken above $80 per ounce, a level Kiyosaki links to hyperinflation risk, with a $200 target. Robert Kiyosaki has held silver since 1965, when it cost pennies. Kiyosaki’s 6 safe assets for 2026 include gold, silver, oil, food, bitcoin, and ethereum. 60 Years of Silver Stacking and Kiyosaki Isn’t Done Robert …

ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability

Key Takeaways ICBA President Rebeca Romero Rainey warned Kraken’s OCC national trust charter application creates “interconnected risks” to financial stability. ABA CEO Rob Nichols urged bank CEOs on May 10, 2026, to contact senators before the Senate Banking Committee’s vote on the CLARITY Act. Banks warn that stablecoin yield features could drain community bank deposits, …

Bitcoin Holds Above $81,500 as $135M in Leveraged Crypto Positions Get Liquidated

Key Takeaways Bitcoin peaked at $82,458 on Sunday before retreating and consolidating under $82,000. Nearly $135 million in bitcoin positions were liquidated as Trump’s rejection of Iran’s deal flattened markets. Aramco CEO Amin Nasser warns that a blocked Strait of Hormuz could delay oil normalization until 2027. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the …

CLARITY Act Markup Raises Stakes in Stablecoin Banking Clash

Key Takeaways Senator Moreno criticized banks for intensifying opposition before a Senate stablecoin legislation session. Stablecoin supporters say the bill could expand competition and improve customer yields. Lawmakers are set to consider whether the CLARITY Act advances through committee action. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of …

Report: Canton Network Developer Digital Asset Seeks $300M From A16z Crypto

Key Takeaways A16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg. Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as institutional validators. Digital Asset plans to use fresh capital to scale the Canton Network ecosystem as the …

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