Author: NBTC

The Senate Banking Committee has scheduled a markup of the Digital Asset Market Clarity Act for May 14, setting up the most consequential week for crypto regulation on Capitol Hill in months. The bill, commonly known as the CLARITY Act, would draw firm jurisdictional lines between the SEC and CFTC over digital assets. Getting here required clearing a sticking point that had stalled negotiations for weeks: whether stablecoins should be allowed to offer yield to holders. Senators Thom Tillis and Angela Alsobrooks hammered out a compromise on the issue, removing what had been the single biggest policy obstacle to bringing…

Federal Reserve Chair Jerome Powell is scheduled to speak at Harvard University this morning in what is officially a moderated discussion with an undergraduate economics class. Markets are not treating it that way. The discussion begins at 10:30 AM Eastern and can be watched live on the Federal Reserve’s official YouTube channel. There are no prepared remarks, but with Brent crude at $114, the US-Israel-Iran war entering its fifth week since the February 28 strikes, and Bitcoin down 46% from its all-time high, traders will be parsing every answer Powell gives for signals on where interest rates go next. The…

The alleged OpenAI information leaker Leopold Aschenbrenner has become an investing rising star since departing the company in 2024, as his Situational Awareness LP hedge fund has, in 2026, become a top-performer for its shareholders. Specifically, the investment vehicle saw a substantial 61% increase in asset value in just two months, according to the data shared by Autopilot – a trading bot platform responsible for numerous popular automatic and copy-trading strategies – on X on May 1. Update: Leopold is closing in on the big oneOne week ago: $5,000,000Today: $9,000,000The Leopold Aschenbrenner tracker in less than two months is already…

Pi Network gains traction across major exchanges, but Binance listing delay keeps investors questioning its future growth and mainstream adoption potential. Despite strong community support and 86% Binance poll backing, Pi price remains weak near $0.19, showing consolidation rather than a breakout trend. Pi community remains divided as some see Binance listing as a catalyst, while others believe long-term value depends on ecosystem growth, not exchanges. The Pi Network rumour mill never really stops. But this week it is spinning faster than usual, and there is an actual reason for it. A token called SIREN just blew past a $1.2…

Andrew Bailey, the governor of the Bank of England, is sounding the alarm about a scenario that should make any financial regulator lose sleep: a crisis-driven stampede of US stablecoin capital pouring into the UK with no clear redemption backstop. Bailey, who also chairs the Financial Stability Board, warned that US-issued stablecoins with inadequate redemption mechanisms could flood into jurisdictions like the UK during periods of financial stress. The concern isn’t theoretical. It’s the kind of cross-border contagion risk that central bankers spend their careers trying to prevent. The redemption problem Bailey’s specific worry is about what happens when global…

Bitcoin’s Price Is Being Set Further Away From Bitcoin Holders Bitcoin spent the end of March in a range that looked calm on the surface and unusually crowded underneath. By Monday, Bitcoin’s price was trading around $67,000 after a week that had already pulled in one of the year’s largest derivatives events and another round of institutional withdrawals from spot exchange-traded funds. That combination deserves more attention than it has received. Conventional analysis would split the move into separate buckets. Options expiry belongs in one box, ETF flows in another, price in a third. However, the reality is that Bitcoin’s…

World Liberty Financial ($WLFI), a decentralized finance protocol affiliated with the Trump family, has filed a defamation lawsuit against TRON (TRX) founder Justin Sun. According to the announcement posted on X on May 4, $WLFI is accusing the crypto entrepreneur of organizing “a coordinated media smear campaign” that affects the reputation of the entire sector. “This is about the integrity of decentralized finance. When a major investor tries to destroy the project’s reputation, it threatens the trust of every holder. We cannot allow that,” $WLFI wrote. Today, we are filing a lawsuit against Justin Sun for defamation. Sun has launched…

NovaBay Pharmaceuticals (NBY) — a nanocap with a market capitalization of about $30 million — has renamed itself Stablecoin Development Corporation and changed its ticker to SDEV, marking a full shift from healthcare to crypto. This follows a $134 million private placement backed by firms including Framework Ventures and Tether Investments, the company said. The firm is using those funds to build a large position in $SKY, the governance token tied to the Sky protocol, a decentralized finance protocol that issues the cryptocurrency-backed dollar-pegged stablecoin USDS.. The company currently holds about 2.06 billion $SKY tokens, roughly 8.78% of the total…

The Senate Banking Committee is preparing to mark up the CLARITY Act on May 14, 2026, and the banking lobby would very much like a word before that happens. A coalition of major financial trade groups, including the American Bankers Association, the Bank Policy Institute, and the Independent Community Bankers of America, sent a joint letter on May 8 demanding consumer protection enhancements and wording tweaks to a recently struck stablecoin yield compromise. The timing is not subtle. Chairman Tim Scott wants the bill wrapped up before the May 21 Memorial Day recess, which leaves roughly a week to hash…

Bitcoin reclaims $67k after a weekend spent below support, while $68k sets the first test for the new week Bitcoin price opened the new week with a modest structural improvement after spending most of the weekend below one of its most closely watched channel boundaries. The reclaim of $66,900 shifts the immediate condition from clean downside acceptance toward early repair, while the higher boundary at $68,000 continues to define the next decision point. That leaves the Bitcoin market in a narrow but important transition zone as traders move from a weekend defined by failed support into a macro backdrop shaped…