Tom Emmer dismisses 2 key Clarity Act concerns
Clarity Act concerns from law enforcement are overblown, House Majority Whip Tom Emmer said. Summary Emmer called law enforcement objections to crypto developer protections a “red herring” aimed at slowing the bill. He defended shielding noncustodial developers from money transmitter…
Bitcoin ETFs Suffer Biggest Outflows Since January as May Turns Red
Monday saw the highest daily inflows, with almost $650 million leaving the funds. Bitcoin’s price calamity is not isolated, as, aside from all other macro and on-chain reasons, the exchange-traded funds tracking the asset’s performance experienced their worst weekly…
Kalshi launches advocacy group with Trump aide
Kalshi is backing a new advocacy group to fight the gaming lobby over prediction market regulation. Summary Americans for Fair Markets launched with Kalshi support to counter sportsbook and casino opposition to prediction markets. The group tapped former Deputy White…
US Treasury Sanctions Sinaloa Cartel Associates Over Crypto Money Laundering
These individuals and entities lead networks that launder the proceeds of fentanyl and other narcotics trafficking activities for the Sinaloa Cartel. The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has enforced sanctions against individuals and entities…
Robinhood crypto COO Tanya Denisova exits
Robinhood crypto COO Tanya Denisova is leaving the platform after more than five years. Summary Tanya Denisova, COO of Robinhood Crypto, is leaving the firm after more than five years as the platform navigates a 47% decline in Q1 crypto…
Crypto CEO Security Costs Surge as Physical Attacks Rise 75%
Gemini has reportedly signed a deal to protect the Winklevoss twins and their families at $400,000 per month. Coinbase reportedly spent approximately $7.6 million on personal security for CEO Brian Armstrong in 2025, a more than 20% increase from…
Bitcoin liquidations hit $320M on SEC stock news
Bitcoin liquidations surpassed $320 million in longs on May 22 after the SEC unexpectedly delayed its tokenized stock plan. Summary Crypto markets saw $320 million in long liquidations on May 22, with longs accounting for roughly $296 million of the…
Is Cardano the Most Overvalued Crypto Project? Analysts Debate as ADA Dumps
These comments came as ADA has fallen firmly out of the top 10 alts by market cap after a massive plunge since its ATH. Cardano’s development began just over a decade ago, but it took a couple of years…
Michael Saylor says 2026 Bitcoin sale not unlikely
Michael Saylor says a Strategy Bitcoin sale before year-end is ‘not unlikely’ in a Coin Stories podcast interview. Summary Saylor told Natalie Brunell it was “not unlikely” Strategy would sell some Bitcoin before year-end, softening his long-held never-sell position. He…
Whales Return but Sub-$2K Fears Mount
One analyst warned that a dump below $2,000 would inevitably lead to new lows. Ethereum’s native token has taken the most recent crypto market correction hard, with the asset diving to just over $2,000 earlier today, which became its…
