Crypto

The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos. Payward, the parent company of cryptocurrency exchange Kraken, announced that it had filed an application with the US Office of the Comptroller of the Currency (OCC) for a national trust company charter, following other digital asset companies. In a Friday notice, Payward said that the OCC application, if approved, would result in the establishment of Payward National Trust Company, allowing it to "provide fiduciary custody and other services primarily for digital assets." The application would make the Kraken parent one of a handful of crypto companies moving closer toward banking, following OCC approvals for Coinbase and others. “A national trust company provides the certainty institutions require and establishes the infrastructure to build the next generation of custody,” said Kraken co-CEO Arjun Sethi. “This is not about being first; it is about getting th...

Publicly traded Bitcoin miner and data center operator TeraWulf reported a hefty net loss in Q1 as its AI revenue took over from BTC.

A preliminary Apple-Intel manufacturing agreement—backed by a White House push—sent Intel stock above $130 on Friday.

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”

Sam Altman ChatGPT AI Predicts the Price of XRP By the End of 2026 The post Sam Altman ChatGPT AI Predicts the Price of XRP By the End of 2026 appeared first on Cryptonews.

Ripple CEO Brad Garlinghouse hints at "something special" for XRP holders tied to a potential IPO. XRP trades at $1.42 with $2.40 analyst targets — here's what the data shows. The post Ripple CEO Has “Someting Special” for Holders: “We think that’s good for the community” appeared first on Cryptonews.

Users of Myriad's prediction market believe it's likely Strategy will part ways with some of its Bitcoin holdings this year.

Nearly 1,000 developers competed at the venue, from ecosystems like Base, Solana, and others arriving from companies like Microsoft and Google, most racing to build products around the theme of AI agents.

Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster. Key points: Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels will again attract aggressive selling from bears.  CryptoQuant analyst IT Tech said in a Thursday QuickTake note that BTC needs to rally and maintain above $88,880 for a bottom to be confirmed. Until then, the $85,000 to $88,000 range is likely to see selling by buyers who want to “get out flat.” Read more

XRP's speculative momentum appears to be fading, according to Glassnode.

The new website follows years of hearings, investigations, and pressure for greater UAP transparency.

The crypto wallet company pairs the XO Cash token with software tools that let AI agents transact using preset spending controls and stablecoin payments. Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys. According to Friday's announcement, the system, developed with MoonPay, allows developers to create agent-linked wallets, assign spending limits and issue virtual debit cards tied to Visa payment rails. XO Cash integrates with Exodus Pay and includes a software development kit that allows users to fund AI agent wallets using their Exodus Pay balances while maintaining custody of their private keys. Users can set transaction caps, merchant restrictions and daily spending limits for each agent wallet. Read more

The SEC chair linked the rise of AI-powered financial systems with growing demand for blockchain-based market infrastructure and automated settlement.

Crypto exchange Kraken is seeking a U.S. federal banking charter to complement its Wyoming SPDI subsidiary.

Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia and the Philippines. Massachusetts Senator Elizabeth Warren called on Meta CEO Mark Zuckerberg to answer questions about the company’s stablecoin integration in 2026, signaling concerns about guardrails. In a Wednesday letter to Zuckerberg, Warren said Meta’s lack of transparency regarding its stablecoin was “deeply troubling,” given the company’s previous plans to roll out Libra, a global stablecoin proposed in 2019 that was later rebranded to Diem. The senator said Meta’s plans were necessary for Congress to understand, given the US government’s efforts to pass a digital asset market structure bill with implications for stablecoin issuers. Read more

Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno. Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant. Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following Bitcoin's April rally, Moreno said, adding that this is the “highest” single day of profit-taking since Dec. 10, when BTC was trading above $90,000. Bitcoin holders' realized profits spike after the April rally. Source: CryptoQuant Read more

Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption. Institutional capital is flowing back into digital assets, but this cycle looks very different from the last one. Prediction markets are beginning to attract serious attention from Wall Street, Bitcoin exchange-traded funds (ETFs) are once again seeing large inflows and venture giant a16z is loading up another multibillion-dollar crypto war chest. Meanwhile, traditional banks are quietly accelerating their push into tokenized finance infrastructure. Taken together, this week’s Crypto Biz points to a broader shift underway across the industry. Crypto companies are no longer just chasing retail traders — they’re increasingly building products for asset managers, banks, hedge funds and institutional investors looking for regulated ways to access digital assets. Read more

Switzerland's effort to make the central bank hold Bitcoin is ending early after supporters secured only half the signatures.

The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto journalist Eleanor Terrett reported that the draft text […] The post Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight appeared first on CryptoSlate.

Nvidia gains rights to invest up to $2.1 billion in IREN as companies race to lock down massive AI compute capacity.