Author: NBTC

The Senate Banking Committee meets in executive session later today, May 14, to consider the CLARITY Act, a bill that already cleared the House 294-134 in July 2025 and needs at least 7 Democratic votes to advance in the full Senate. Hashdex CIO Samir Kerbage reads the current crypto price action as confirmation that the market is pricing the odds of a committee vote, leaving the capital flow scenario of a signed bill entirely out of current valuations. Kerbage told CryptoSlate: “If the CLARITY Act is signed into law this won’t just be a compliance milestone, it will be a…

In brief Intercontinental Exchange and CME Group are reportedly urging the CFTC to address market integrity risks associated with Hyperliquid. The Hyperliquid Policy Center publicly dismissed the traditional exchanges’ concerns as baseless, pointing to the public nature of the platform’s transactions. Amid energy market volatility, Hyperliquid has generated $21.51 billion in notional Brent crude perpetual futures trading volume. The Hyperliquid Policy Center pushed back on Friday against concerns that have reportedly been raised by incumbent exchanges on Wall Street, arguing that the decentralized exchange, or DEX, is designed in a way that’s “hostile” to insider trading and price manipulation. “Hyperliquid’s…

Bitcoin ($BTC) mining and artificial intelligence (AI) computing both consume massive amounts of electricity, sparking an intense debate over their environmental impact in 2026. Bitcoin, the pioneering cryptocurrency, secures its decentralized network through energy-intensive proof-of-work mining that consumes 150-170 TWh yearly and emits 65-75 million tonnes (Mt) of CO₂e. Meanwhile, AI computing powers everything from large language models like GPT, image generators, and recommendation systems in massive GPU data centers, already producing 33-80 million tonnes of CO₂e. Both technologies consume vast amounts of electricity amid the global net-zero push, forcing urgent questions about which leaves the larger carbon footprint. $BTC…

Corporate bitcoin $BTC$69,947.19 buying has narrowed to a single company, and the trade that was supposed to broaden the asset’s institutional base is now a concentration risk. Strategy, the largest corporate bitcoin holder in the world, purchased roughly 45,000 $BTC over the past 30 days, its fastest accumulation pace since April 2025, according to a CryptoQuant report published this week. (CryptoQuant) Every other treasury company combined bought approximately 1,000 $BTC in the same period, a 99% decline from a peak of 69,000 $BTC in August last year. Their share of total purchases has collapsed to 2%, from 95% at the…

After about a week of slowing down on its regular stablecoin burn activity, Ripple has just conducted the biggest $RLUSD burn of the month. Over the last day, Ripple completed two separate $RLUSD burns, which marked the fourth of such transactions recorded so far in May. The massive burn activity, which happened on the Ethereum blockchain, has attracted the attention of market watchers. $RLUSD supply shrinks by 32 million As the Ripple stablecoin, $RLUSD, continues to gain mass adoption, the team is keen on controlling its supply on both the Ethereum blockchain and the XRP ledger. While this is a…

The crypto mixing protocol Tornado Cash has resurfaced as a focal point in U.S. financial regulation debates, this time during a markup session of the Senate Banking Committee for the CLARITY Act. The discussion, reported by Eleanor Terrett of ‘Crypto in America,’ highlighted deep partisan divides over how to address illicit finance in digital asset markets. Warren’s ‘Tornado Problem’ Remarks During the session, Senator Elizabeth Warren, a vocal critic of the cryptocurrency industry, directly addressed Republican Senator John Kennedy. She characterized the CLARITY Act as having a ‘Tornado problem,’ referencing the crypto mixer Tornado Cash. Warren asserted that the protocol…

The Hyperliquid Policy Center, the lobbying organization for the cryptocurrency derivatives market platform Hyperliquid, responded to a Bloomberg article that addressed concerns from traditional trading platforms regarding Hyperliquid’s perpetual contract market. The organization argued that concerns about market manipulation and sanctions circumvention in traditional stock exchanges were “unfounded.” The Hyperliquid Policy Center stated in its announcement that the platform offers greater transparency compared to traditional financial markets. The organization said that all transactions are recorded in real-time and publicly on the blockchain, which naturally deters insider trading and price manipulation. The statement also noted that regulators and law enforcement agencies…

Bitcoin price falls below $70,000 as network activity weakens. Declining transactions and addresses signal lower demand. Key support is at $69,400, while resistance stands near $71,600. Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US President Donald Trump. The sudden pullback has pushed Bitcoin back below the $70,000 level, a psychological zone that traders often watch closely for signs of strength or weakness. This decline did not happen in isolation, as the underlying data suggests that the broader network is…

The Federal Reserve is set to announce its April 29 policy decision, and markets already expect no change in interest rates. Traders are fully pricing in a hold at 3.50%–3.75%, with near certainty that policymakers will keep rates steady. Attention is now on Jerome Powell, whose comments will shape expectations on whether rate cuts come later or policy stays tight for longer. The meeting carries added importance because Powell is nearing the end of his term as chair. His guidance will help markets understand how long current conditions may last. Investors across global markets, including crypto, are watching for direction…

As AI-generated voices, faces, and personalities become more convincing, identity itself is starting to fracture online. The internet is entering a period where seeing someone’s face or hearing their voice may no longer mean very much. That’s the backdrop against which World Foundation is trying to build. “I do developer relations, among wearing lots of other hats, at World Foundation,” Ian explained during an interview with Blockster’s host Eric Spivak at Consensus 2026 in Miami Beach. “Essentially, I help communicate how World works, what it does, why we built it to a wide range of people — and help build…