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Banks pushed Congress to kill stablecoin yield with CLARITY Act

For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, […]

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Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative.  The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has […]

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Robinhood Just Acquired Canada’s Biggest Crypto Platform — And Brought 300,000 New Customers With It

Robinhood Markets has closed its acquisition of WonderFi, a Canadian leader in digital asset products and services, marking the US trading platform’s formal entry into Canada and pushing its total international funded customer base past 1 million for the first time, per the company’s official announcement on June 1, 2026. Related Reading WonderFi operates two […]

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Institutional Investors Sell $1,670,000,000 in Bitcoin and Crypto Assets in Third Straight Week of Outflows: CoinShares

Institutional investors just sold an overall total of $1.67 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the third consecutive negative week and the second-largest weekly outflow of the year, with three-week cumulative outflows now standing at $4.21 billion. Bitcoin led the selling with […]

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XRP To $1,000? Expert Lays Out Macro Domino Theory

Jake Claver has outlined his macro thesis for why XRP could eventually reach $1,000, arguing in a May 31 interview with MissCrypto that the asset may benefit from a rare convergence of global liquidity stress, stablecoin regulation, tokenization and real-time settlement demand. Claver acknowledged that the target appears extreme when viewed through the usual market-cap […]

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