US government confirms comprehensive actions on rare earths

Whats actually happening  The federal response is multi-pronged and, by government standards, moving fast. The Trump administration signed executive orders in 2025 specifically aimed at accelerating rare earth production and established the National Energy Dominance Council, or NEDC, chaired by Burgum himself.  The NEDC has set ambitious internal timelines. Project identification is targeted within 10 days, and site leasing within 30 days.  On the financial side, the Department of Energy has announced a $134 million funding allocation dedicated to strengthening domestic rare earth supply chains.  A January 2026 White House initiative adds another lever: the potential imposition of tariffs on processed critical minerals and their derivatives if international agreements fail to materialize.  Meanwhile, the permitting process for mining and processing on federal lands is being expedited.  The geology and the partnerships  One project getting particular attention is the Sheep Creek deposit in Montana. It boasts the highest-grade rare earth concentrations in the US at 90,000 parts per million, alongside valuable co-products like gallium, scandium, and strontium. The site is being developed in partnership with Idaho National Laboratory, one of the DOEs premier research facilities.  What this means for investors  The tariff threat on processed critical minerals adds another variable. If enacted, it could raise costs for US manufacturers that

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Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News

Bitcoin  Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News  Announced Thursday, the arrangement places Coinbase at the center of USDCs reserve management on Hyperliquid, with Circle handling the technical side through its Cross-Chain Transfer Protocol. The agreement also gives Coinbase the right to purchase the brand assets of USDH, the native issued by Native Markets that launched on Hyperliquid in September 2025.  Hyperliquid described the move in a statement on X: “With Coinbase, in its role as treasury deployer, sharing the vast majority of reserve yield revenue with the protocol, USDC will become the most aligned on Hyperliquid.”  USDC has been Hyperliquids dominant collateral since the platform launched in 2023. Supply on the network has grown to roughly $5 billion, about double what it was a year ago, making Hyperliquid one of the most concentrated environments for on-chain dollar usage in derivatives trading.  The AQAv2 upgrade names USDC as the canonical quote asset for future markets under Hyperliquids HIP-4 specification. Both Coinbase and Circle have committed to HYPE tokens to activate the framework. Coinbase has also increased its staked HYPE position beyond what the activation requires.  Coinbase described the integration in a blog post published the same day: “As

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Trump meets Xi in Beijing as Taiwan language and trade terms hang in the balance

Tech  Trump meets Xi in Beijing as Taiwan language and trade terms hang in the balance  Donald Trump is in Beijing for whats being called the most significant US-China summit in years, sitting across from Xi Jinping to negotiate trade terms, fentanyl cooperation, and the always-explosive question of Taiwan.  Whats actually on the table  The primary agenda covers trade negotiations, cooperation on fentanyl trafficking, discussions involving Iran, and a carefully limited conversation about Taiwan. Secretary Rubio has signaled that no major policy shifts are expected.  Xi Jinping is reportedly pushing to shift US policy language from “does not support Taiwan independence” to “opposes Taiwan independence.” In practice, the difference between passive non-support and active opposition would send a very different signal to Taipei, to Beijing, and to every government in the Indo-Pacific trying to read the tea leaves.  Taiwans officials are not thrilled. There are real fears that their national interests could become a bargaining chip, traded away in a broader deal where economic concessions matter more than strategic commitments.  The White House maintains that US policy on Taiwan remains unchanged, emphasizing that the summit is focused on economic rather than strategic discussions.  Asian diplomats have warned about a possible arrangement between Beijing and Iran involving the Strait

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Kite Price Prediction: KITE Price Surges 43% as Bulls Target Break Above $0.2275

Tech  Kite Price Prediction: KITE Price Surges 43% as Bulls Target Break Above $0.2275KITE surges 43% weekly as volume tops $120M and bulls test key resistance zone nowOpen interest rebounds toward $70M as traders rebuild bullish positions steadilyNet inflows return to KITE markets as buyers defend the $0.2000 support zone firmly  Kite (KITE) continued its aggressive upward move on Thursday after buyers pushed the token above several major resistance levels. The digital asset climbed more than 12% over the past 24 hours and nearly 43% during the last week.  Trading activity also strengthened sharply, with daily volume surpassing $120 million. The rally reflects renewed speculative interest across the market as traders rotate back into high-momentum altcoins. Besides, KITE now trades near a critical resistance area that could determine whether the current breakout extends further.  The token currently holds a market capitalization above $500 million, while circulating supply remains near 2.3 billion KITE. Significantly, the latest move follows weeks of consolidation near the $0.15 region. Buyers eventually regained control after repeated tests of support, triggering a strong breakout that accelerated momentum toward the $0.22 zone.  Technical Structure Remains Firmly Bullish  KITEs technical outlook continues favoring bulls across the 4-hour timeframe. Price action remains comfortably above the 20,

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HBAR Price Prediction: $0.10 Breakout or $0.085 Crash Within 48 Hours

Critical Inflection Point  HBAR sits at $0.094, down 1% in 24 hours but positioned at a technical crossroads that demands attention. The token hugs its 20-day moving average while RSI holds neutral at 58, creating a coiled spring effect that typically precedes explosive moves. Bollinger Bands have compressed to 0.80, indicating diminished volatility that historically resolves with sharp directional breaks.  The convergence of multiple moving averages around current price levels creates a technical magnet effect. When markets compress this tightly with neutral momentum readings, the resulting moves often exceed 8-12% within 48 hours. HBARs current positioning checks all boxes for such a setup.  Make or Break Levels  The battle lines are clearly drawn. Resistance at $0.10 has capped multiple rally attempts, creating a significant supply zone that must be conquered for any meaningful upside. This level represents more than psychological resistance – its where selling pressure consistently emerges.  Support sits first at $0.09, where recent buying interest has materialized, but the critical zone extends down to $0.085. A breach of $0.09 would likely trigger algorithmic selling that pushes price toward the lower support rapidly. The gap between these levels creates a binary outcome scenario where sideways trading becomes increasingly unlikely as Blockchain.news analysis shows similar

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MEXC Confirms Strong Asset Backing in Hacken-Audited May 2026 Proof of Reserves Report

The May 2026 Proof of Reserves snapshot has been audited by Hacken, a globally recognized blockchain security firm, validating the Merkle Tree construction, wallet ownership, and reserve adequacy. MEXC consistently publishes a verifiable Proof of Reserves every month, setting a transparency standard for the industry and providing users with clear, verifiable asset information.  Since its founding, MEXC has placed users at the core of its operations. The regular publication of Proof of Reserves reflects its ongoing commitment to transparency and user protection. In addition, MEXC is further strengthening its multi-layered asset protection framework through the Guardian Fund initiative. The fund is set to expand from $100 million to $500 million over the next two years and includes the acquisition of 1,000 Bitcoin, forming a dual-reserve structure composed of highly liquid USDT reserves and long-term Bitcoin holdings. This structure is designed to enhance liquidity readiness and structural resilience, reinforcing asset protection across all market conditions.  To view the latest Proof of Reserves snapshot and audit report, please visit MEXCs Proof of Reserves page.  About MEXC  MEXC is the worlds fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to

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BoE Considers Easing UK Stablecoin Caps After Industry Backlash

The central bank argued that limits were needed to avoid a sudden outflow of deposits from commercial banks into new forms of “tokenised” money if a large stablecoin were rapidly adopted for payments.  Industry groups and prospective issuers countered that the caps were operationally cumbersome, hard to supervise across platforms, and could deter serious institutional use of regulated UK stablecoins in areas like corporate treasury, payroll and settlement.  BoE rethinks stablecoin caps after pushback  Breeden has been one of the most cautious voices on stablecoins within the BoE. In November 2025, she warned that diluting the rules too far could damage financial stability, stressing that stablecoins are money-like instruments that must be at least as safe and robust as existing payments infrastructure.  At the time, she backed stringent liquidity requirements that would force stablecoin issuers to park large portions of their reserves at the central bank and hold the rest in high-quality liquid securities such as UK government bonds.  Law firms and potential issuers argue that such a structure would significantly compress margins and make UK stablecoin issuance far less attractive than operating under the United States or European Union regimes.  UK hunts for middle ground on stablecoins  The shift in tone highlights how UK policymakers are

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Ondas (ONDS) Stock Soars After Revenue Explodes Over 1,000% in Q1 2026

Ondas Holdings Inc., ONDS  Sequentially, revenue climbed 66% from the fourth quarters $30.1 million figure. Gross profit for the period totaled $24.7 million, with margins expanding to 49% versus 42% recorded in Q4 2025, demonstrating improved operational efficiency.  Perhaps the most compelling aspect of the quarterly report was the dramatic expansion in backlog. The companys pro forma backlog closed Q1 at $457 million, a substantial leap from the year-end 2025 figure of $68.3 million. This 570% surge stemmed from fresh orders combined with contributions from recently completed acquisitions, notably Mistral Inc. and World View Enterprises, both finalized in April 2026.  M&A Strategy Fuels Expansion  Ondas has pursued an ambitious acquisition strategy throughout recent months. The company integrated multiple entities during and immediately following the first quarter, including Rotron Aerospace, Mistral Inc., Bird Aero, Indo-Earth, and World View into its operational framework.  The Mistral acquisition positioned Ondas as a prime contractor within a $982 million IDIQ contract with the U.S. Army focused on loitering munitions systems. Meanwhile, World View contributes stratospheric balloon technology for sustained intelligence, surveillance, reconnaissance, and communications capabilities.  Additionally, the company established ONBERG, a joint venture with Heidelberger Druckmaschinen AG in which Ondas holds a 51% stake. This partnership creates a European-based manufacturing and

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AARP Backs CLARITY Act Ahead of Senate Banking Markup

AARP, the nation‘s largest nonprofit, nonpartisan organization that advocates for 125 million Americans age 50 and older, expressed strong support for provisions in the CLARITY Act market structure legislation released ahead of the Senate Banking Committee’s May 14 markup. The group urged lawmakers to preserve Section 205, which would require kiosk operators to register with the Treasury Department as money transmitters while protecting state power to regulate the machines.  In a letter dated May 13 from Bill Sweeney, AARPs senior vice president of government affairs, to Chairman Tim Scott and Ranking Member Elizabeth Warren, the group described Section 205 as a critical safeguard against kiosk fraud targeting older Americans. The letter urged lawmakers to preserve both the Treasury registration requirement and the provision protecting state regulatory authority as the bill advances through markup and beyond. AARP described kiosks as one of the fastest-growing fraud vectors affecting older Americans. The organization also thanked the committee for incorporating the language into the legislation released before the markup.  AARP wrote:  “We write to express our strong support for provisions in the market structure legislation released ahead of the Committees markup.”  kiosks now operate in supermarkets, convenience stores, gas stations, bars, and restaurants nationwide. Scammers impersonating government officials,

05-14

Sports Illustrated Is Turning The World Cup Into A 48-Nation Art Project

Getty Images  Every four years, the World Cup becomes one of sport‘s ultimate global spectacles — a cultural juggernaut, in fact, that draws more viewers than the Olympics. That scale sits at the heart of a new editorial experiment from ahead of this year’s tournament, which has expanded to 48 teams for what will be the largest World Cup ever when it kicks off June 11 in Mexico City.  In what the magazine has called one of the most “ambitious” creative projects in its history, commissioned dozens of artists from around the world to create a unique cover for every participating nation this year. The magazines June issue will spotlight each of those countries and their teams via 48 illustrated digital covers, plus four print covers — all of which have been filtered through the lens of everything from ancient symbolism to national celebrations and folklore-inspired visuals.  One such cover imagines the French national team performing inside a Moulin Rouge-style setting, while another depicts Mexicos players as contemporary warriors. For the American cover, star Christian Pulisic is placed at the center of a fireworks-lit celebration of fans.  The World Cup, through the eyes of global artists  Steve Cannella, s editor-in-chief, told Forbes that the magazine

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