Author: James Wilson
Pi Network has returned to market attention after its team shared a new Know Your Customer update. Summary PI reclaimed top-50 attention as KYC progress met weak price action and fresh supply concerns. Over 18.1 million users passed KYC, but tentative checks still keep some Mainnet migrations pending. Crypto.news data shows PI near $0.17, with weekly losses still keeping traders cautious for now. The project said more than 18.1 million users have passed native KYC checks, while over 16.7 million Pioneers have moved to Mainnet. The update gives the network a new user-growth figure at a time when PI is…
tZERO Group has partnered with Aptos Foundation to let issuers launch tokenized assets on the Aptos blockchain through tZERO’s tokenization platform. Summary tZERO has added Aptos blockchain support for issuers launching tokenized assets through its platform. Aptos said its network has crossed $1.2 billion in real world assets and is already used by firms including Franklin Templeton and BlackRock. According to tZERO Group’s announcement shared with crypto.news, the integration adds Aptos as one of the supported blockchain networks for issuers using tZERO’s infrastructure, allowing firms to deploy eligible tokenized assets on Aptos while following their own compliance and operational requirements.…
The Commodity Futures Trading Commission has backed Kalshi in its appeal against Ohio regulators, asking the U.S. Court of Appeals for the Sixth Circuit to affirm federal oversight of prediction markets. Summary CFTC says Ohio went too far by treating Kalshi’s federally regulated event contracts as sports gambling. The Ohio appeal adds to wider state battles over Kalshi, Polymarket, Crypto.com, Coinbase, and Robinhood. Trump-appointed CFTC Chair Michael Selig says the agency will defend its authority over prediction markets. The agency filed an amicus brief in KalshiEx LLC v. Matthew T. Schuler, et al., on May 12. The case centers on…
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. Summary 21Shares analyst Matt Mena says Bitcoin’s failure to sell off on hot inflation data signals the market has already priced in macroeconomic headwinds, with BTC holding above the key $80,000 support level. Mena sees a path from the current $82,000 resistance retest toward $85,000 as macro friction clears, with the Senate CLARITY Act vote identified as the next major catalyst that could push price toward $90,000. The analysis…
Ray Dalio said Bitcoin lacks privacy and its transparency is why central banks will not hold it. Summary Bridgewater founder Ray Dalio posted on X that Bitcoin lacks privacy and its transactions can be monitored and potentially controlled by governments. Dalio said gold remains superior because it is more widely held, deeply established, and still plays a central role in the global financial system. Michael Saylor pushed back directly, calling Bitcoin’s transparency a feature rather than a flaw that makes it usable as global digital collateral. Bridgewater Associates founder Ray Dalio posted on X on May 11 that Bitcoin’s public…
CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. Summary CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12, using its Profit and Loss Index to confirm the regime shift. The last confirmed green signal in March 2023 preceded a sustained bull run taking Bitcoin from $20,000 to above $73,000 by April 2024. Analysts flag March 2022 as the key exception, when the indicator briefly turned green before Bitcoin extended a deeper downtrend into 2023. CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12 for the first…
The DTCC Chainlink Collateral AppChain partnership will automate 24/7 collateral management across global markets by Q4 2026. Summary DTCC will integrate the Chainlink Runtime Environment into its Collateral AppChain to automate pricing, valuation, margining, and settlement across financial markets. The Collateral AppChain targets a Q4 2026 production launch and extends a 2024 Smart NAV pilot that included JPMorgan, BNY Mellon, and Franklin Templeton. Chainlink co-founder Sergey Nazarov called collateral management the killer application that traditional finance has been waiting for from blockchain infrastructure. The Depository Trust and Clearing Corporation has announced that its Collateral AppChain will integrate the Chainlink Runtime…
Exodus wallet sold 1,076 bitcoin in Q1 2026 to fund its $175 million acquisition of W3C’s payments business. Summary Exodus Movement cut its BTC treasury from 1,704 to 628 coins during Q1 2026, raising $73.2 million in total crypto sales to fund W3C closing payments. The company closed its acquisition of Monavate and Baanx on May 1, adding card-issuing and payments infrastructure to its self-custody wallet business. Q1 revenue fell 36.8% to $22.7 million as exchange aggregation volume dried up, widening the net loss to $32.1 million from $12.9 million a year earlier. Exodus Movement (NYSE: EXOD), developer of the…
Kraken parent Payward will plug Franklin Templeton’s BENJI tokenized money market fund into its platform as collateral and cash management, letting clients earn yield on idle dollars on‑chain. Summary Kraken’s parent company Payward has struck a strategic partnership with Franklin Templeton to bring tokenized stocks, yield products and the BENJI money market fund onto blockchain rails for institutional and select retail clients. Franklin Templeton’s BENJI tokenized money market fund will be integrated into Kraken’s platform as collateral and cash management infrastructure, while Payward’s xStocks framework — which has processed over $30 billion in transaction volume since launch — will co-develop…
Coinbase now lets users borrow up to $100K against SOL via Morpho on Base, turning Solana into its third major collateral pillar as the token eyes a retest of $200. Summary Coinbase has added Solana as a supported collateral asset in its on-chain lending product, letting users borrow up to $100,000 against SOL holdings via the Morpho protocol on Base, expanding a service that has already issued over $2.3 billion in cumulative loans. Bitcoin dominates Coinbase’s lending book with $2.17 billion in cumulative collateralized loans, followed by ETH at $110 million and XRP at $31.6 million, with SOL now joining…