Crypto & Fintech
DMG Signs AI Tenant LOI, Robinhood Launches AI Trading
Bitcoin broke $60,000 on June 5, hitting its lowest level since October 2024. Down more than 30% year to date. Coinbase Q1 revenue fell 30.5% year over year. The crypto market is in a drawdown. The infrastructure being built underneath it is not slowing down. A Canadian blockchain company signed its first AI data center…
DTCC Chose Stellar for Wall Street Securities Tokenization and XLM Surged 95%
Bitcoin opened Monday at $73,568. It closed the week having touched $59,227, a drop of nearly 20% in six days. The trendline that had held through every Iran headline since February broke on Tuesday when Iran halted ceasefire talks and threatened to fully close the Strait of Hormuz. Oil jumped 7%. Bitcoin followed in the…
Three Crypto Fintech Stories That Changed the Market This Week
Three developments in four days made the US crypto and fintech landscape structurally different. On May 27, SoFi put a bank-issued stablecoin in 14.7 million people’s banking apps — the first time a federally chartered US bank has done that. On May 29, the CFTC opened regulated perpetual futures to US traders for the first…
Half the Year’s Inflows Are Gone. Here Is Where the Money Went
Bitcoin closed Friday at $73,381. That is its lowest level of the week, its lowest since early May, and roughly 42% below the all-time high it set back in October. The week started soft and got softer. Ethereum broke through $2,000 on Friday for the first time in weeks, heading the wrong direction. Fear and…
Crypto Weekly: DMG Blockchain Targets Sovereign AI While Sol Strategies Expands
Canadian blockchain companies spent the last two years mining Bitcoin and staking Solana. Now they are repurposing that infrastructure for something else entirely. One is building cross-chain privacy routing on top of its validator network. One is converting its British Columbia mining facility into a government-grade AI data center. A third is quietly accumulating Bitcoin…
GENIUS Act Deadline, CLARITY Act Vote: Crypto’s Big Week Unpacked
$2.26 billion left the crypto market in two weeks and it didn’t leave quietly. A bond market repricing, Iranian escalation pushing oil past $110, and a legislative milestone that the market decided to sell — all of it landing in the same seven-day window. Bitcoin ended the week around $76,400, down roughly 6% from the…
Mississippi HB 1625 Joins Growing State Wave Against Crypto Kiosk Fraud
A crypto ATM looks like a regular cash machine. The scam it enables is not complicated. A caller impersonating a government official, a tech support agent, or a law enforcement officer tells the target their account has been compromised, their Social Security number is being used for fraud, or they owe back taxes. The only…
Digital Assets Weekly: CLARITY Act Advances, Bitcoin Sells Off, Fannie Mae Goes Crypto
Bitcoin started the week at $80,015. It ended Monday at $76,009. The CLARITY Act cleared the Senate Banking Committee on May 14. Fifteen to nine. Two Democrats crossed the aisle. Markets responded by liquidating $657 million in crypto positions over the next 24 hours, $584 million of which were longs. The Fear and Greed Index…
Canaan Posts 10.97 EH/s Hashrate and Record BTC Holdings as Mining Margins Tighten
Canaan Inc. (Nasdaq: CAN) shipped the world’s first ASIC Bitcoin miners in 2013 under the Avalon brand. Thirteen years later, the economics of the business it helped create have become unforgiving for everyone running older hardware. The company released its unaudited April 2026 Bitcoin mining update this week. Self-mining operations produced 90 BTC during the…
How Bermuda Is Building the World’s First Fully Onchain National Economy
Bermuda merchants pay up to 10% per transaction in card fees. There is no dominant mobile money app. Traditional payment rails are expensive and built for somewhere else. That is the problem the Stellar Development Foundation and the Government of Bermuda announced they are solving this week, with Bermuda beginning to move core payments, wages,…
