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Banking groups intensify fight over stable coin yield ahead of Senate vote

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The American Bankers Association (ABA) is waging an aggressive lobbying campaign against parts of the Senate Digital Asset Market Clarity Act ahead of a planned review by the Banking Committee on Thursday, warning lawmakers that stablecoin provisions in the updated bill could further undermine bank deposits and weaken financial stability. In a call to arms […]

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The biggest consensus overhaul in blockchain history is being tested

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Solana developer Anza said Monday that Alpenglow, the network’s largest consensus overhaul to date, was live on a community test cluster, marking a major step toward a potential mainnet rollout. The update means that validation operators can now test software designed to transition Solana from its current consensus system, which combines Proof-of-Stake with TowerBFT and

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Bitmine Buys 26K Ether (ETH) After Tom Lee Says He Will Slow Accumulation

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Bitmine Immersion Technologies (BMNR) has sharply slowed its pace of ether (ETH) purchases, as its president Tom Lee reported, after months of aggressive buying that made it the largest Ethereum treasury company in the world. The company purchased 26,659 ether last week, worth approximately $63 million, based on the current price of ether. This represents

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Ronin gaming sidechain prepares to move to Ethereum layer 2

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Ronin, the gaming-centric blockchain once synonymous with the industry’s infamous $625 million exploit, is officially shedding its sidechain skin on May 12 to become a layer 2 of Ethereum to improve security while maintaining throughput. Ronin, which announced the migration in April, will execute a hard fork at block 55,577,490, a process that will result

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Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily

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This is an excerpt from the CoinDesk “Daybook” newsletter. Register here, if you haven’t already. Institutional demand for crypto is real and suggests there could be a sustainable bitcoin BTC$81,101.08 the price is moving above its 200-day pivot simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock

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Circle’s Arc Blockchain Secures $222 Million in Token Presale Led by Wall Street Giants

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Circle raised $222 million in a presale of the ARC token tied to its new Arc blockchain network in a deal that values ​​the project at $3 billion, according to a CNBC report published Monday. The round included investments from a mix of Wall Street heavyweights and crypto-native firms, including BlackRock, Apollo Funds, a16z crypto,

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MARA’s AI Expansion Takes Center Stage Ahead of Q1 Results

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MARA Holdings (MARA) is expected to report its first quarter results after the market close on May 11, with Wall Street analysts expecting the company to report revenue and earnings (EPS) losses of $184.21 million and $2.34 respectively. The results are expected to reflect the sharp drop in Bitcoin prices during the first quarter, with

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Bitcoin and Nasdaq Investors Celebrate, While US Consumers Go Dark.

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Major financial assets and the U.S. consumer are moving in opposite directions, telling two very different stories about the U.S. economy. Bitcoin, the leading cryptocurrency by market value and a macro asset, surged 11.8% last month, the biggest gain since April 2025, and has since extended the rally by nearly 6% to $80,700, according to

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