While many in the industry believe stablecoin rewards are the only sticking point for the US CLARITY Act, a Galaxy digital executive said more obstacles could appear. The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to a crypto executive. “If CLARITY doesn't pass committee by the end of April, odds of passage in 2026 become extremely low,” Galaxy Digital head of firmwide research Alex Thorn said in an X post on Saturday. “This needs to hit the Senate floor by early May... floor time is running out, and odds diminish every day that passes,” Thorn said. It comes after US Senate Majority Leader John Thune said he doesn’t expect the chamber to act on the digital asset market structure legislation before April, as it will prioritize the SAVE America Act, which would require voters to provide proof of US citizenship in person to register. Read more
Senator John Thune reportedly said that the chamber would prioritize the SAVE America Act before addressing a vote on bipartisan bills like crypto market structure. US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure before April. According to a Thursday Punchbowl News report, Thune said that the Senate planned to prioritize voting on the SAVE America Act, a bill that would require voters to provide proof of US citizenship in person to register. The majority leader addressed reporters on Thursday saying that the bill would go to the chamber next week, adding that lawmakers would focus on the crypto market structure bill and other bipartisan bills after the SAVE America Act vote. Read more
Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion, 25% higher than the valuation assigned following its $500 million raise in November 2025. The company’s president, Monica Long, said at the time that Ripple had no plans to go public. The reported buyback follows Ripple's expansion of operations beyond the crypto industry, including through the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management system provider GTreasury in October. Earlier this week, the company said that it would move forward with plans for a financia...
Ripple APAC managing director Fiona Murray said there was sufficient institutional interest in Australia to warrant the costs of acquiring an Australian Financial Services License. Crypto company Ripple said it is set to secure a key financial services license in Australia through the acquisition of an Australian payments firm, adding to an international license grab over the last year. In a statement on Tuesday, Ripple said it will buy BC Payments Australia, a corporate entity tied to the European Banking Circle Group, allowing it access to the company’s Australian Financial Services License (AFSL), which is set to become a requirement for certain crypto companies to provide financial services in the country. The acquisition of BC Payments Australia is set to close on April 1, according to a report from The Australian, citing comments from Ripple APAC managing director Fiona Murray. Read more
SOL falls to lows not seen since April 2025, but Solana’s price-to-fundamentals gap and its wider correlation to macro markets may provide hope for investors. Key takeaways: SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets. Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its vice-leadership. Read more
The Ethereum ecosystem continues to see increased development and value locked in tokenized assets, according to market analyst Michaël van de Poppe. The price of Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, bottomed out in April 2025, and its price action mirrors the 2019 cycle, according to market analyst Michaël Van De Poppe. A surge in stablecoins, tokenized real-world assets (RWAs), which are traditional or physical assets represented as tokens on a blockchain, and developer activity on the Ethereum network are reasons to be bullish on Ethereum’s price, Van De Poppe said. “The stablecoin supply on Ethereum has seen an increase of more than 65% in 2025. It's doubled since the peak in 2021,” he wrote in a Sunday X post. Read more
The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery. Key takeaways: The Bitcoin Coinbase Premium flipped red as BTC price dropped below $104,000. Bitcoin’s RSI hit its lowest point since April, hinting at a potential bottom zone. Read more
TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure. A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States, with targets including hospitals and pharmaceutical networks, according to blockchain intelligence firm TRM Labs. Victims include American Associated Pharmacies, Georgia-based Memorial Hospital and Manor, and Weiser Memorial Hospital in Idaho. Ransom demands have reportedly reached up to $1.3 million. Read more
American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger. American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin (BTC), it disclosed in a June 6 filing with the US Securities and Exchange Commission (SEC). The stash, currently worth over $23 million, was not previously disclosed. “ABTC considers its reserve a core strategic asset, managed adaptively to support balance sheet strength with a view to enhancing long-term stockholder value,” the firm stated. Read more
Crypto analysts are casting doubt over Bitcoin’s return to $100,000, Sam Bankman-Fried moves prison: Hodler’s Digest Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for new US Securities and Exchange Commission (SEC) Chair Paul Atkins. In an April 23 X post, Saylor wrote that SEC Chairman Paul Atkins will be good for Bitcoin. The statement follows Atkins swearing-in as the 34th chairman of the SEC on April 21. Blue Macellari, head of digital assets at investment firm T. Rowe Price, also commented on Atkins in a recent Bloomberg interview. She seemed hopeful and recognized a change in how the SEC has acted under the new administration, particularly with crypto-related information, including close to six or seven roundtables with industry professionals. Read more