Latest Crypto News & Market Updates

Stablecoins as a $9T ‘economic OS’ in a16z’s Arc bet

a16zs Arc thesis recasts stablecoins as a $9T “economic OS” for global finance, powering accounts, payments, FX and credit instead of just serving as crypto payment rails.Andreessen Horowitz has laid out its investment thesis for Arc, arguing that stablecoins are evolving from simple payment rails into an on-chain “economic operating system” for global finance.The firm cites adjusted stablecoin transaction volume of around $9 trillion over the past year and a total USD stablecoin supply above $270 billion, framing the sector as systemic infrastructure rather than a niche crypto product.a16z positions Arc as a platform layer in this stack, abstracting stablecoins into programmable accounts, payments, FX and credit that can be embedded into applications worldwide.　　Andreessen Horowitzs crypto arm has published a new thesis on its investment in Arc, arguing that stablecoins are “no longer just a payment rail” but “the foundation of a new economic operating system for global finance.” In its essay, titled “The new stack for global finance: Stablecoins edition,” the firm describes stablecoins as the base layer of a modular stack where wallets, orchestration services and credit networks all plug into programmable dollars that move on public blockchains.　　a16z says stablecoins now rival legacy payment rails　　The data point a16z

05-12Industry

Scaramucci Warns of CLARITY Act Delay Amid Banking Pushback

Tech　　Scaramucci Warns of CLARITY Act Delay Amid Banking Pushback　　Anthony Scaramucci, founder of SkyBridge Capital, warned at the Solana Policy Summit that the Digital Asset Market Clarity Act (CLARITY Act) may not pass the Senate for another two to three years due to banking lobby resistance and political gridlock.　　This highlights the significant institutional opposition to crypto legislation in the Senate, where banking interests are powerful. While the CLARITY Act seemed on track for enactment after passing the House in late 2025, Scaramuccis assessment suggests a much more uncertain future.　　He may be making this prediction to adjust expectations within the institutional investor community, which has been anticipating regulatory clarity as a near-term catalyst, aligning with SkyBridge Capitals interests as a long-term holder of digital assets.　　Scaramuccis warning comes as the broader crypto market suffered a slight pullback overnight, with BTC USD falling from $82,400 to its current level of $81,200.　　(SOURCE: TradingView)　　CLARITY Act Legislative Status: Senate Gridlock, Banking Objections, and the Filibuster Arithmetic　　The CLARITY Act passed the U.S. House of Representatives in July 2025 with a bipartisan 294–134 vote during “Crypto Week,” generating optimism for Senate approval.　　However, on January 14, 2026, support collapsed in the Senate Banking Committee after key industry groups withdrew their

05-12Industry

Ethereum, BMNR news: Bitmine buys 26K ether (ETH) after Tom Lee said to slow down accumulation

Bitmine Immersion Technologies (BMNR) has sharply slowed its ether (ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the worlds largest Ethereum treasury company.　　The firm bought 26,659 ether last week, worth about $63 million based on ether‘s current price. That’s roughly a quarter of the average weekly haul it purchased over the past weeks.　　The purchase lifted Bitmine‘s holdings to over 5.2 million ETH, or around 4.31% of ether’s circulating supply, according to a Monday company update.　　The update follows comments Lee made last week at Consensus 2026 in Miami, where he said BitMine may begin moderating its buying pace after one of the fastest accumulation runs in the crypto market.　　The slowdown follows comments Tom Lee made last week at Consensus 2026 in Miami, where he said Bitmine was considering easing purchases as it approached its long-term goal of acquiring 5% of Ethereums supply.　　“We have decided to slow down our pace of weekly accumulation from over 100,000 [ETH] per week,” Lee said in Mondays statement. “Our previous pace of buys would have us reach 5% by mid-July.”　　Bitmine remains one of the few major digital asset treasury firms still consistently buying crypto during the recent market

05-12Ethereum

Bitmine buys another $60m worth of Ethereum, brings total holdings to 5,206,790 ETH

Bitmine has bought Ethereum once again. This recent purchase, however, is different from previous purchases as the 26,659 ETH bought is a sharp pullback from the recent pace of at least 100,000 ETH tokens per week with the company getting closer to its goal of holding 5% of ETHs total circulating supply.　　Bitmine‘s total holdings now currently stand at 5,206,790 ETH, which is valued at approximately $12.3 billion at an average of $2,366 per token. That represents 4.31% of Ethereum’s circulating supply of 120.7 million tokens, according to the companys recent filing.　　Bitmine ever closer to 5% target　　Chairman Tom Lee has said the company is purposely easing its accumulation of Ethereum after months of aggressive buying that saw Bitmine acquire more than 1 million ETH this year.　　“We have decided to slow down our pace of weekly accumulation from over 100,000 per week,” Lee said in the company statement. “Our previous pace of buys would have us reach 5% by mid-July.”　　Lee had initially mentioned the possible shift last week at Consensus 2026 in Miami, where he told attendees the company was reconsidering the speed of its approach toward what it calls the “alchemy of 5%,” its target of owning 5% of all ETH

05-12Ethereum

Ripple Spikes +2%, Outperforming BTC and ETH in Breakout Move

Bitcoin Ethereum　　Ripple Spikes +2%, Outperforming BTC and ETH in Breakout Move　　XRP Ripple has cleared a resistance ceiling that had turned back multiple rally attempts since April, surging 2.5% to trade around $1.45 while Bitcoin and Ethereum posted comparatively muted gains. The move came fast, and the volume behind it raised eyebrows. Whether the breakout holds or fades into another false start depends on one level that traders are watching closely right now.　　The token climbed from $1.4176 to a session high of $1.5073 before profit-taking trimmed the advance, leaving XRP holding near the $1.45 area that previously acted as a ceiling. Critically, the breakout acceleration yesterday arrived with volume surging above $169M, a reading consistent with institutional-scale positioning rather than retail momentum chasing.　　XRP had spent days compressing inside a tightening range, with analysts flagging bull flag and triangle formations building just beneath that resistance. The setup was textbook. The execution was sharp.　　Broader conditions amplified the move. Thin liquidity across major exchanges had been flagged ahead of the session, meaning any confirmed break could produce exaggerated prints in either direction. XRP traded within a 6.5% intraday range, wide by recent standards, underscoring how quickly sentiment shifted once sellers were cleared out.　　(SOURCE: TradingView)　　Can

05-12Ethereum

Is AI Hype Driving Venice Token Too Fast, Is it Becoming Overheated Now?

Tech　　Is AI Hype Driving Venice Token Too Fast, Is it Becoming Overheated Now？　　The post Is AI Hype Driving Venice Token Too Fast, Is it Becoming Overheated Now？ appeared first on Coinpedia Fintech News　　The Venice Token price rally is starting to look less like a random altcoin pump and more like a carefully engineered supply squeeze wrapped in the hottest narrative crypto can sell right now: decentralized AI.　　VVV surged another 18% today after Venice CTO Jesse Proudman revealed that subscription and credit purchases on AskVenice hit a new record, beating the previous high by 10%. Traders clearly liked that. Maybe a little too much.　　Venice Token Supply Shock Keeps Growing　　The real ignition point came earlier this month. On May 1, Venice cut annual token emissions from 6 million VVV to 5 million, marking the first phase of a broader reduction plan targeting 3 million by July. Less supply. Same speculative appetite. You know how this movie usually goes.　　Then came the aggressive burn mechanism update on April 27. New Pro subscriptions now burn $2 worth of VVV instead of $1, directly tightening circulating supply as platform usage rises. Convenient timing.　　And well, here‘s the kicker: VVV already pushed to a 16-month high near $16

05-12Industry

Internet Computer price rallied 70% in a week, will it extend its gains?

The rally also pushed ICP sharply above the Supertrend indicator, which has now flipped green for the first time since January, signaling that bullish momentum may be regaining long-term control.　　Momentum indicators continue to support the bullish structure despite signs of short-term overheating. The MACD recently completed a strong bullish crossover while the histogram continues printing expanding green bars, suggesting upward momentum remains intact.　　ICP is now attempting to stabilize above the psychological $3.50 region after briefly touching highs near $3.75. If bulls maintain control above the breakout zone near $3.00, the next major resistance could emerge around the $4.00 to $4.10 region, which previously acted as a strong rejection zone earlier this year.　　On the downside, failure to hold above the $3.00 support region could trigger profit-taking and pull Internet Computer price back toward the previous consolidation range near $2.60 before another potential upward move.　　Internet Computer surged nearly 70% in a week after DFINITY unveiled fully on-chain WordPress hosting and a plan to cut ICP inflation by 70%.

05-12Industry

CoreWeave Stock Analysis: 3 Key Levels After Earnings

On the daily timeframe, CRWV closed at 114.15. That is below the 20-day EMA at 115.21, but still above the 50-day EMA at 103.68 and the 200-day EMA at 95.25. In practical terms, the stock has lost immediate trend support. However, it has not broken the larger uptrend structure.　　The daily regime remains neutral. That fits a market pausing after a sharp repricing rather than fully reversing. Daily RSI stands at 51.71, which is near the middle of the range. Therefore, momentum looks balanced rather than exhausted in either direction.　　Momentum and volatility on the daily chart　　At the same time, the daily MACD line at 7.98 has slipped just below the signal line at 8.12. The histogram is slightly negative at -0.14. That suggests upside momentum has faded and that CRWV is still digesting the recent earnings-driven setback.　　Notably, price also sits below the daily Bollinger middle band at 118.1, while remaining above the lower band at 103.35. This places CoreWeave stock in the lower half of its recent volatility range. Still, it has not reached a clear washout level on the daily chart.　　Daily ATR is 10.19. That is elevated enough to remind traders that the shares are still moving aggressively and can

05-12Industry

OpenAI Just Launched a Consulting Arm to Help Companies Deploy AI

In briefThe OpenAI Deployment Company launches with more than $4 billion in committed capital and a $10 billion valuation, backed by 19 firms.OpenAI has agreed to acquire Tomoro, a U.K.-based AI consulting firm, to bring approximately 150 forward deployed engineers to the new entity from day one.The announcement came just after Anthropic unveiled a similar $1.5 billion venture with Blackstone, Goldman Sachs, and Hellman & Friedman.　　OpenAI has launched the OpenAI Deployment Company, a new majority-owned subsidiary designed to embed specialized engineers directly inside enterprises working on complex, high-stakes AI projects. The company enters with more than $4 billion in initial investment—and a $10 billion valuation—backed by 19 firms including TPG, Goldman Sachs, SoftBank, Capgemini, and McKinsey & Company.　　The model is borrowed directly from Palantirs playbook: Forward deployed engineers, or FDEs, parachute into client organizations and live inside the complexity—legacy infrastructure, compliance constraints, convoluted permissions—rather than shipping software and leaving the implementation headache to someone else.　　To staff the new entity from day one, OpenAI has agreed to acquire Tomoro, a U.K.-based applied AI consulting firm with deployments at Tesco, Virgin Atlantic, and Supercell, where its engineers built an in-game support agent serving 110 million users in 12 weeks. The acquisition brings

05-12Industry

US Treasury Secretary Bessent meets Japans Takaichi Tuesday to discuss yen stability and economic security

Tech　　US Treasury Secretary Bessent meets Japans Takaichi Tuesday to discuss yen stability and economic security　　US Treasury Secretary Scott Bessent is meeting with Japanese Prime Minister Sanae Takaichi on Tuesday at 4 PM to talk about currency markets, economic security, and the broader trajectory of the US-Japan relationship.　　Japan has been actively intervening to prop up the yen against the US dollar in recent weeks, pushing the exchange rate from above 160 down to around 152 since April.　　Whats on the table in Tokyo　　The meetings agenda covers yen stability, economic security, rare earth supply chains, and energy procurement.　　Bessent has publicly affirmed the importance of cooperation on currency stability following Japans recent interventions to counter speculative selling of the yen. Japan has positioned itself as a leader in energy finance, and both countries have signaled interest in investment screening frameworks similar to CFIUS, the Committee on Foreign Investment in the United States.　　The yen intervention backdrop　　Since April, the Japanese currency has strengthened against the dollar, moving from levels above 160 to around 152. Speculative selling had been hammering the yen for months, driven by the interest rate differential between the US and Japan. Japans response was to step into the market directly, buying yen and

05-12Industry

...

596598

...

1000