CLARITY Act Stablecoin Yield Rules Finalized: ‘Go Time’ For Crypto Bill

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar Shirzad. “It’s time to get CLARITY done,” Shirzad said in an X post on Friday, after US Senator…

Bitcoin Demand, Spot And Institutional Flows Increase As Bulls Chase $80K

Several Bitcoin (BTC) data points suggest that $80,000 is the next destination for the cryptocurrency. Bitcoin gained 2.52% to trade above $78,800 on Friday after holding support at the 100-day exponential moving average. Spot market buy volumes also strengthened while the cumulative volume delta (CVD) reached 11,500 BTC, its highest level since Feb. 17.  BTC…

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

Stablecoin yield would be prohibited under a newly released agreement addressing that contentious part of the crypto market structure legislation in an approach that’s broadly similar to what’s been discussed since the start of the year. The new section of proposed Digital Asset Market Clarity Act text released Friday revealed that the compromise hashed out…

Tillis to Push Senate Banking Markup on Crypto Bill

US Senator Thom Tillis says he will push the Senate Banking Committee to advance the stalled crypto market structure bill, as the text of the bill has made progress and is ready for another vote. Tillis, a key Senate Banking Republican, told reporters on Wednesday that he would ask Senate Banking Committee Chairman Tim Scott…

XRP’s Sentiment Turns Bullish, But What Is Stopping a Price Breakout?

XRP’s (XRP) sentiment on social media has risen sharply over the last few days, but overhead resistance at $1.40 kept the price in consolidation. Key takeaways: XRP’s social media sentiment has risen 240% over the last 30 days to a two-year high. XRP price recovery may face resistance at $1.40, with a prolonged consolidation likely….

Bitcoin, Altcoins Breakout With Strength: Are New Highs Next?

Key points: Bitcoin will have to flip the $80,000 level into support to continue its up move to $84,000. Several major altcoins are finding buyers at lower levels, but they will have to overcome the overhead resistance to start a new up move. Bitcoin (BTC) has risen above $78,000, extending upon its 11.87% rally in…

FCA Signs Off Rules to Bring Tokenized Funds into UK Regime

The United Kingdom’s financial regulator has signed off on new rules and guidance for tokenized funds, aiming to make it easier for asset managers to use blockchains within the existing fund regime rather than in separate experimental structures. In a Thursday policy statement, PS26/7, the Financial Conduct Authority (FCA) said tokenization and distributed ledger technology…

Tether posts $1.04 billion in first-quarter profit, reaches $8.23 billion reserve buffer

Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23 billion. The company did not provide year-earlier or fourth-quarter figures. It reported a net profit of more than $10 billion for all of 2025. The amount of the dollar-pegged USDT in…

Dogecoin May Rise 20% in May as DOGE Whale Holdings Hit Record Levels

Dogecoin (DOGE) has outpaced the broader crypto market over the past month, rising roughly 18% versus the market’s 10% gain, as whale accumulation and a bullish chart setup hint at a potential bottom. DOGE/USDT vs. TOTAL crypto market cap 30-day returns. Source: TradingView Key takeaways: DOGE whale holdings hit a record high as large transactions…

Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month. Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data. With inflows in March and April offsetting outflows in January and…