Crypto News

Trump’s More Than 3,700 Trades Astonish Wall Street Insiders - Trump’s More Than 3,700 Trades Astonish Wall Street Insiders The trading volume exceeds anything Trump has previously reported. In the fourth quarter of last year, he made 380 transactions, mostly purchases of municipal debt, though he also bought some commercial paper, according to his filings. He made his first disclosure of asset purchases in August, reporting 690 transactions he had made starting on Jan. 21, 2025, the day after the start of his second term. Those transactions, covering about seven months, totaled at least $103.7 million. ‘Baffled’ The president’s disclosures spurred questions from some on Wall Street who expressed surprise at the trading volume...

Coinbase Faces New Rules As DeFi And USDC Partnerships Reshape Outlook - Coinbase Faces New Rules As DeFi And USDC Partnerships Reshape Outlook Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Coinbase Global to help decide what it's worth to you. The Risks and Rewards Investors Should Consider From here, focus on three things. First, how the final wording of the Digital Asset Market Clarity Act treats stablecoins and exchange obligations, since that will shape Coinbase’s compliance costs and product flexibility. Second, whether USDC volumes on Hyperliquid and other onchain venues actually build over time, indicating that Coinbase’s...

Bitwise CEO Pitches Crypto to Tech Workers Facing AI Layoffs - Bitwise CEO Pitches Crypto to Tech Workers Facing AI Layoffs TRON founder Justin Sun added that the AI era rewards urgency. He told young builders to act while opportunities remain open. Crypto being able to absorb the next wave of displaced engineers could hinge on what gets built over the coming year. This article has been published in beincrypto.com via Yahoo News https://finance.yahoo.com/markets/crypto/articles/bitwise-ceo-pitches-crypto-tech-190000593.html

Gambling Layoffs Increase as Prediction Markets and AI Reshape Sports Betting - Operators across the sector are trimming payrolls and leaning harder on automation. Sportsbook consolidation acceleration may hinge on regulators, with the next dividing lines around event contracts coming from both state and federal agencies. This article has been published in beincrypto.com via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/gambling-layoffs-increase-prediction-markets-180000421.html

Are Memecoins Making a Comeback in 2026? Crypto’s Wildest Corner Is Roaring Back — But Is That a Good Thing? - Are Memecoins Making a Comeback in 2026? Crypto’s Wildest Corner Is Roaring Back — But Is That a Good Thing? Since launching, the platform has helped create more than 13 million tokens and generated hundreds of millions in revenue. The ease of launching tokens turned Solana into crypto’s memecoin factory almost overnight. Popular Solana-based tokens, including BONK, dogwifhat (WIF), POPCAT, PENGU, and FARTCOIN, became some of the biggest names of the latest rally. BONK, in particular, has built a stronger ecosystem through airdrops, NFT integrations, and broader Solana community support. That helped it survive market...

Sen. Elizabeth Warren sends letter to incoming Fed Chair Kevin Warsh to press him on asset divestment - Sen. Elizabeth Warren sends letter to incoming Fed Chair Kevin Warsh to press him on asset divestment Members of the Federal Reserve are prohibited from holding any stock in any bank, banking institution, or trust company, per the law. Warren wants complete disclosure to ensure that Warsh is in full compliance with this requirement. Yahoo Finance reached out to Warsh for comment, but did not immediately hear back. The US Senate confirmed Warsh on Wednesday to be the 17th chair of the Federal Reserve. Customary paperwork and divestitures must be completed before he takes the oath of office. This article has been published in...

Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure - Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure Under the BoE’s proposed reserve split, UK stablecoin issuers would earn yield on only 60% of their reserves, compared with Circle holding about 88% of USDC reserves in Treasury bills and repos, Andres Monty, CEO of stablecoin risk intelligence platform Range, told Decrypt. “Cutting the floor from 40% to 20% would roughly halve that drag” for issuers, Monty said, bringing UK stablecoin economics “within striking distance of MiCA and U.S. issuers.” At short-dated gilt yields of about 4%, the proposed split could cost a UK issuer roughly £11.2 million a year for...

The 30-year Treasury yield just broke to its highest level in almost 20 years - The 30-year Treasury Yield Hits a Two-Decade High The 30-year Treasury yield has climbed to its highest level in nearly 20 years. This move is significant as it reflects investor expectations around inflation, economic growth, and monetary policy changes, particularly from the Federal Reserve. In recent months, the bond market has been closely watched by investors seeking clues about the future direction of interest rates. The increase in Treasury yields can indicate a range of economic signals, from expected inflation to changes in bond-buying behaviors by institutional investors. Higher yields can lead to increased borrowing costs, which might...

Winners and Losers From Trump and Xi's Beijing Summit Talks - Winners and Losers From Trump and Xi's Beijing Summit Talks Fast forward to Wednesday, and guess who showed up on the tarmac in Alaska during a refueling stop? Huang himself, who strolled toward Air Force One, joining Trump and Elon Musk as they flew the rest of the way to Beijing. Trump said Friday that Nvidia’s H200 chips came up during the meeting and that China had not approved purchases of the chips because it wants to develop its own. Huang’s face time in Beijing and inclusion in the delegation kept his company on China’s radar as he pushes for more access to its markets. Visa Inc. Trump threw his weight behind the US credit-card giant’s push for entry into...

Xi Hails ‘Landmark’ Trump Summit, Says Many Outcomes Achieved - Xi Hails ‘Landmark’ Trump Summit, Says Many Outcomes Achieved Trump told Fox News in an interview that Xi offered to help on Iran — something China has not explicitly confirmed. A White House readout of their meeting said the two sides agreed that the Strait of Hormuz must be open to support the free flow of energy. China agreed to buy 200 Boeing Co. planes, Trump said in the interview, which fell short of the 500 737 Max and additional widebody aircraft Chinese airlines were expected to buy at the upper extreme of a landmark deal. The US and China are also discussing a mechanism for fast-tracking some Chinese investment deals, along with a reduction in tariffs on a...

Dune Analytics Slashes 25% of Workforce in AI, Institutional Pivot - Dune Analytics Slashes 25% of Workforce in AI, Institutional Pivot Shubhada Pande, founder of Art of Blockchain, explained that the shift should be seen less as “AI replacing Web3 jobs” and more as companies “redesigning how work gets done,” with automation enabling smaller teams to handle research, operations, and content more efficiently. She noted that roles tied to repetitive or low-impact work are becoming most vulnerable, while core positions are evolving rather than disappearing. Professionals are now expected to “work with AI tools, validate AI-generated output, and bring judgment that automation cannot fully replace.” AI is not just cutting jobs but is...

Bitcoin and ethereum prices today, Friday, May 15, 2026: Prices open higher, but slipping this morning - Bitcoin and Ethereum Prices Today, Friday, May 15, 2026: Prices Open Higher, But Slipping This Morning Bitcoin and Ethereum prices started the day higher on Friday, but they have been slipping throughout the morning trading session. Investors are closely monitoring market movements as they assess the broader impact on the crypto sector amid ongoing global economic challenges. Bitcoin, the largest cryptocurrency by market capitalization, opened the day trading above key resistance levels. However, as the session progresses, the price has shown signs of volatility, indicating potential fluctuations in market sentiment. Similarly...

AI-Hacking Threat Pushes $130 Billion Crypto Sector to the Brink - Determining whether hackers are using AI isn’t an exact science, according to over half a dozen cybersecurity researchers interviewed for this article. Rather, investigators draw conclusions based on the sophistication of an attack, the methods used, and the perceived difficulty of identifying the target. The abrupt rise in heists is in itself a clear indicator that hackers are deploying AI, they said. “With AI, the cost of vulnerability detection is trending to zero,” said Aneirin Flynn, chief executive officer of security audit firm Failsafe. The time it takes for hackers to identify a weakness in a blockchain protocol has been compressed from months to days or even...

Coinbase, other stocks surge as major crypto bill advances - Coinbase, other stocks surge as major crypto bill advances “We will continue to work with senators in good faith to address this issue and improve the bill and its chances on the Senate floor,” a spokesperson for the American Bankers Association and other bank trade groups said in a statement. The major crypto exchange uses the feature as a core way to drive usage of the second-largest stablecoin, USDC (USDC-USD), issued by Circle (CRCL). Coinbase and Circle have a commercial revenue-sharing partnership based on interest rates and the stablecoin’s total circulation. The CLARITY Act is “actually essential” to a stablecoin issuer and its ability to pay stablecoin rewards...

Bank of England Reverses Course on Stablecoins — Is London Ready for Its Own USDT? - Bank of England Reverses Course on Stablecoins — Is London Ready for Its Own USDT? Industry groups warned that the UK framework would leave sterling stablecoins structurally disadvantaged against: Critics argued companies would simply launch elsewhere rather than build in the UK. The holding caps also became a major flashpoint. Fintech firms argued the proposed £20,000 retail limit undermined real-world use cases, particularly for: In practice, many industry participants viewed the caps as evidence that regulators still saw stablecoins primarily as a systemic threat rather than as an emerging payment infrastructure. The BoE Is Now Signaling More...

Myriad Adopts Chainlink as Official Oracle Platform to Power New Crypto Prediction Markets - What is Chainlink CRE? As an all-in-one orchestration layer, the Chainlink Runtime Environment (CRE) was critical to unlocking these new markets by providing the secure computing environment that coordinates and automates the complex workflows required to continuously launch and settle high-speed prediction markets based on deterministic data. Launched in November 2025, CRE enables developers to run a single piece of workflow code that coordinates multi-stage workflows, streamlining efficiencies and processes to the point where complex institutional smart contracts can be deployed “not in months, not in weeks, but in days and eventually...

Stock market today: Dow retakes 50,000 level, S&P 500 and Nasdaq surge to fresh records as AI trade roars back - Stock Market Recap The Dow Jones Industrial Average rose by 1,000 points on Tuesday, reclaiming the 50,000 level for the first time since March 2023. The S&P 500 and Nasdaq also surged, setting new record highs, as the market benefitted from a rally in tech stocks and renewed investor enthusiasm for artificial intelligence plays. AI continues to be a significant driver of market performance, with Nvidia leading the charge. The graphics processing unit manufacturer is riding the wave of increased demand for AI technologies, pushing its stock up by 5% in the latest trading session. Economic Indicators and Market Drivers...

Stephen Miran to step down from Fed board, paving the way for Kevin Warsh as Fed chair - Stephen Miran to step down from Fed board, paving the way for Kevin Warsh as Fed chair Miran argued that tariffs were not inflationary and that housing prices had come down, but weren’t yet reflected in inflation indexes. He believed the so-called neutral rate — the rate designed to neither spur nor slow economic growth — is considerably lower than current levels, and that the Fed needed to reach that level more quickly. Miran also favored shrinking the balance sheet. “Going forward, I am excited about changes Chairman-designate Kevin Warsh and the Federal Reserve may take in areas such as communications policy, balance sheet policy, and keeping...

Cerebras stock surges nearly 70% in biggest IPO of 2026 - Cerebras Stock Surges Nearly 70% in Biggest IPO of 2026 Cerebras Systems, a leader in artificial intelligence chip-making, saw its stock prices soar nearly 70% in its initial public offering (IPO) on Tuesday. This marks the largest IPO of the year so far, highlighting the increasing investor interest in AI technologies and semiconductor companies. The IPO comes at a time of heightened demand for AI solutions, with companies like Cerebras benefiting from advancements in technology that require faster and more efficient processing chips. The company, which competes with industry giants such as Nvidia, has carved out its niche in producing chips specifically designed for AI...

Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands - Kraken to Migrate Wrapped Bitcoin Tech to Chainlink as LayerZero Exodus Expands Kraken is set to transfer its Wrapped Bitcoin project from the LayerZero protocol to Chainlink, amidst expanding migration trends. Kraken's move highlights a broader shift within the cryptocurrency sector regarding the LayerZero technology stack. LayerZero's Departures Over recent months, multiple firms have opted to move away from LayerZero to other platforms, with Chainlink seeing a notable influx of new integrations. This transition comes in the wake of several high-profile issues and vulnerabilities identified in LayerZero's framework. The protocol has faced scrutiny...