Trump’s rejection of Iran proposal impacts US-Iran diplomatic meeting outlook
## Market Snapshot The “Russia x Ukraine ceasefire by June 30, 2026” market is priced at 9.5% for a YES outcome, down slightly from 10% in the last 24 hours. Meanwhile, the “next US x Iran diplomatic meeting” market lacks…
Tether Records $1B Net Profit in Q1 Attestation Report
While generating a net profit above $1.04 billion, Tether’s excess reserve buffer hit a record $8.23 billion, concentrated in short-duration liquid instruments. The leading stablecoin issuer has released its attestation report for the first quarter of 2026, revealing a…
Coinbase says crypto bill deal clears Senate path
Coinbase says Senate negotiators have reached a deal on a disputed crypto bill provision tied to stablecoin rewards. Summary Coinbase says negotiators reached a rewards compromise, easing a key delay for the CLARITY Act. Banks secured limits on deposit-like yield,…
Grayscale Names ETH, SOL, LINK in $30B Market
Key Takeaways: Grayscale identified Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink as key beneficiaries of tokenization growth. Tokenized assets reached about $30 billion, expanding 217% year-over-year, led by Treasuries and commodities. Future adoption may boost blockchain fees, liquidity, and…
Spirit Airlines ceases operations amid Strait of Hormuz fuel crisis
## Market Snapshot Spirit Airlines Shutdown market is currently priced at 100% YES, with an expectation that Spirit will cease operations by May 31. The collapse was triggered by a severe fuel price surge due to the Strait of Hormuz…
Treasury Secretary Scott Bessent Says the US Is Targeting Iran’s Access to Crypto
Placing crypto alongside shadow banking and weapons procurement means Treasury believes it is being used for actual trade settlement. US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s…
New Politico Poll Reveals US Voter Skepticism Over AI and Crypto Campaign Cash
Key Takeaways: Fairshake and Leading the Future have deployed over $100 million to influence the 2026 midterm election outcomes. A Politico poll found 45% of Americans view crypto as too risky, potentially hurting industry-backed candidates. Lobbyists for OpenAI and Ripple…
Peter Thiel’s Founders Fund raises record $6B fund
Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history. Summary Founders Fund closed a record $6 billion fund focused mainly on late-stage startup investments. Limited partners provided $4.5…
AI drives 1.5% of US GDP growth in Q1 2026, boosting economic outlook
## Market Snapshot In the market “Will US GDP growth in Q1 2026 be less than 1.0%?”, the pricing is currently at 100% YES. This reflects a consistent view that the GDP growth will be above 1.0%. ## Key Takeaways…
Blackrock and Circle Lead Tokenized Treasuries as Market Value Climbs to $15.20B
Key Takeaways: rwa.xyz data shows tokenized Treasuries hit $15.20B in May; growth signals rising onchain demand. Circle’s USYC leads at $2.91B, while Blackrock BUIDL at $2.58B reflects institutional traction. Top 10 exceed $13.9B combined; multi-chain expansion may drive further adoption…
