Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on […]
Read MoreTag: Cryptocurrency
Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning
Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the cryptocurrency industry has […]
Read MoreBitcoin Drops Below $80K as Iran Rejects Trump Deal and Traders Dump $91M in Longs
Bitcoin reversed its weekly gains, dropping from a multi-month high of $82,833 to an intraday low of $79,500. The Iran Peace Deal Factor On May 7, bitcoin reversed course, dipping below $80,000 to effectively erase gains made since Monday. As shown by the daily chart, the top cryptocurrency—which reached a multi-month high of $82,833 some […]
Read MoreCoinbase Gives Amazon Bedrock Agents Wallet Tools With USDC Settlement
Coinbase added x402 and wallet infrastructure to Amazon Bedrock Agentcore Payments, expanding payment tools for AI agents. The integration supports governed micropayments and USDC settlement across Base and Solana. Coinbase Gives Amazon Bedrock Agents Wallet Capabilities Crypto exchange Coinbase (Nasdaq: COIN) announced on May 7, 2026, that Amazon Bedrock Agentcore Payments now integrates its x402 […]
Read MoreSouth Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing virtual assets in January as originally scheduled, marking the first time the Ministry of Economy […]
Read More21shares Launches First US Canton Network ETF on Nasdaq
21shares launched the 21shares Canton Network ETF on Nasdaq, giving U.S. investors regulated exposure to Canton Coin through a traditional investment vehicle. The product marks the first U.S. ETF designed to provide direct access to the Canton Network ecosystem. 21shares Brings Canton Network Exposure to US ETF Investors 21shares announced on May 7 the launch […]
Read MoreBitwise Enters Tokenized Fund Market With $278M USCC Takeover
Bitwise is entering tokenized funds by taking over USCC, a $277.8 million crypto carry fund that will keep its ticker, smart contracts, and token address. The move gives Bitwise its first tokenized fund while Superstate continues supporting the onchain infrastructure. Bitwise Enters Tokenized Funds With USCC Management Shift Bitwise Asset Management announced May 7 that […]
Read MoreDOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report
Federal investigators are examining oil futures trades totaling more than $2.6 billion. The Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are probing large bets placed before Iran-related announcements from President Donald Trump and Iranian Foreign Minister Abbas Araghchi. DOJ and CFTC Probe Oil Futures Bets Before Iran Updates The Department of Justice […]
Read MoreThe Alchemy Chain Mainnet is Live
This sponsored press release was provided by Alchemy Pay and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Alchemy Pay today announced the launch of the Alchemy Chain mainnet, marking a major milestone in its evolution toward building a globally compliant stablecoin payment […]
Read More‘Fully Invested’: Bollinger Bands Creator Officially Calls a New Bitcoin Bull Market
John Bollinger, inventor of the Bollinger Bands and founder of Bollinger Capital Management, one of the better-regarded trading indicators, believes the bear market affecting the crypto industry is finally subsiding, stating that his trend model had turned positive for bitcoin. Bollinger Bands Inventor Signals Start of New Bull Market While the crypto industry has faced […]
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