Author: Isabella Taylor

Crypto asset ETPs just notched a fifth straight week of inflows, lifting five-week net flows above $4B and pushing AUM near $155B despite sharp midweek outflows. Summary CoinShares’ latest weekly report shows global crypto asset ETPs recorded $117.8 million in net inflows last week, marking a fifth consecutive positive week and pushing cumulative five-week inflows above $4 billion. Total assets under management now stand near $155 billion, but flows were highly volatile: $619 million in net outflows from Monday to Thursday flipped to a $117.8 million weekly inflow thanks to a single $737 million surge on Friday. Bitcoin products led…

The Bullish acquisition of Equiniti, announced today, values the transfer agent at $4.2 billion Summary Bullish will acquire Equiniti, a transfer agent serving 3,000 major companies and 20 million shareholders, for $4.2 billion. The deal positions Bullish as the global infrastructure provider for tokenized securities at institutional scale. Equiniti’s existing shareholder registry network gives Bullish immediate reach into the ownership data that tokenized securities require. The Bullish acquisition of Equiniti, announced on May 5, positions the crypto exchange as a core piece of infrastructure for tokenized securities markets. Equiniti currently serves as a transfer agent for 3,000 major companies and…

Major US banking associations rejected the Clarity Act’s stablecoin yield compromise, splitting publicly from Coinbase and Circle Summary US banking associations pushed back against the stablecoin yield provisions in the Tillis-Alsobrooks Clarity Act compromise. Coinbase and Circle immediately backed the deal, with Coinbase CEO Brian Armstrong posting “Mark it up” after the text dropped. The split between traditional finance and crypto trade groups is now the central obstacle standing between the Clarity Act and a Senate committee markup. Major US banking associations publicly rejected the stablecoin yield compromise brokered by Senators Tillis and Alsobrooks in the Clarity Act. The banking…

Ripple CEO Brad Garlinghouse defended Clarity Act progress at Consensus 2026, calling the past week a “big positive shift.” Summary Garlinghouse spoke live at Consensus 2026 in Miami, expressing renewed confidence in the Clarity Act’s path through the Senate. The Ripple CEO pointed to growing Senate support as evidence that legislative momentum behind the bill is real. His comments arrive as the Clarity Act faces simultaneous industry backing and resistance from major US banking groups. Ripple CEO Brad Garlinghouse took the Consensus 2026 stage in Miami today and told attendees the Clarity Act is gaining genuine ground in Washington. He…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AJC Mining’s free cloud mining service gives global users an easy way to join the crypto market and explore higher earning opportunities amid Bitcoin’s latest rally. Summary AJC Mining offers a simple, hardware-free way to explore Bitcoin and crypto mining online. With no setup or technical skills needed, AJC Mining makes mining accessible to beginners. AJC Mining enables 24/7 cloud mining with an easy dashboard and daily tracking. The global cryptocurrency market is entering a new wave of momentum…

U.S. stocks opened higher on Tuesday, with major indexes gaining and AI‑linked storage names outperforming, even as PayPal sank about 10% after disappointing profit guidance. Summary Galaxy Digital and State Street Investment Management have launched the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenized cash management product aimed at delivering 24/7 on-chain liquidity. The fund lets institutional investors subscribe and redeem using stablecoins while earning yield on underlying traditional securities, initially on Solana with plans to expand to Ethereum and Stellar. Galaxy provides tokenization infrastructure, Anchorage Digital handles digital asset custody, and State Street manages the off-chain portfolio,…

Pi Network price is hovering near the $0.18 mark, holding steady despite recent volatility as a mix of event-driven catalysts and improving technical structure builds a case for a push toward the $0.20 resistance. Summary Pi Network trades near $0.18 within a tight $0.17–$0.19 range, with consolidation signaling potential breakout toward $0.20 resistance. Upcoming catalysts include Consensus 2026 exposure and the May 11 Protocol 23 upgrade, which will introduce smart contracts and expand ecosystem utility. Reduced exchange inflows and a pause in token migrations are easing sell pressure, though May’s 184.5 million token unlock remains a key risk. According to…

Somnia’s new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia’s high-throughput DeFi ecosystem. Summary Layer-1 network Somnia has introduced USDso, a new ecosystem stablecoin issued and operated by Frax Finance using its frxUSD reserve-backed architecture. USDso follows an over-collateralized model backed by assets including U.S. Treasuries and can be minted 1:1 against collateral such as USDC. Ninety percent of reserve yield will be returned to Somnia DeFi protocols and 10% to an insurance fund, with the stablecoin aimed at high-frequency trading, DeFi, and on-chain protocol use cases. How USDso is structured…

The United Arab Emirates Innovation City has rolled out a blockchain-based system that assigns every registered company a sovereign, verifiable digital identity on-chain. Summary Innovation City now issues on-chain business identities to all registered companies using OPN Chain infrastructure. Officials said the system replaces static licenses with verifiable digital records that track ownership, compliance, and activity. The rollout ties into the UAE’s plans to move 50% of government services to AI-driven systems within two years. According to an official announcement from Innovation City, businesses incorporated in the Ras Al Khaimah free zone now receive a cryptographically secured identity issued through…

Ripple CTO Emeritus David Schwartz said on May 5, 2026, that his remaining crypto exposure is now almost fully tied to XRP and Ripple equity.  Summary David Schwartz said he has virtually no crypto exposure left beyond XRP and Ripple equity. Schwartz said his XRP-heavy position was not fully planned, despite his long role at Ripple. He also said diversification can be rational when investors cannot clearly identify future winners. His comment came during a fresh online discussion about investment choices and XRP loyalty. Schwartz wrote: “Yeah, that’s true now. I have virtually no crypto exposure left except XRP and…