- ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability11 May 2026 19:20
Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with the CLARITY Act and stablecoins. ICBA Tells OCC to Rescind […] - Bitcoin Holds Above $81,500 as $135M in Leveraged Crypto Positions Get Liquidated11 May 2026 18:52
After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of Monday morning. […] - Zcash Drops to $550 as Traders Defend 33% Weekly Surge and Eye Another Run11 May 2026 18:07
On May 11, zcash (ZEC) fell to $550 after a sharp rally, but the privacy coin remains up 33% in seven days as renewed interest and controversy fuel debate over its future. Zcash Pulls Back After Sharp Rally Privacy coin zcash (ZEC) plunged to $550 on Monday, even as renewed chatter about privacy in the […] - Adam Back Joins Capital B’s €15.2M Round to Expand Bitcoin Holdings11 May 2026 17:30
Capital B, a European bitcoin treasury company listed in Paris, raised €15.2 million on May 11, 2026, through a private placement backed by institutional investors, including Blockstream CEO Adam Back and French asset manager TOBAM. Capital B Closes €15.2M Round to Grow Bitcoin Treasury Toward 15,000 BTC Target According to the announcement, the firm sold […] - CLARITY Act Markup Raises Stakes in Stablecoin Banking Clash11 May 2026 16:37
A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […] - Report: Canton Network Developer Digital Asset Seeks $300M From A16z Crypto11 May 2026 16:04
Digital Asset Holdings, the New York-based company behind the Canton Network, is in advanced talks to raise roughly $300 million at a valuation of approximately $2 billion, with Andreessen Horowitz’s A16z crypto leading the round. Digital Asset Eyes $300M Round Led by A16z Crypto at $2B Valuation The round has not closed, and its final […] - Crypto Funds Pull In $857.9M Last Week as CLARITY Act Markup Lifts11 May 2026 15:05
Digital asset investment funds recorded $857.9 million in weekly inflows last week, with bitcoin accounting for $706.1 million of those gains, as growing optimism over the U.S. Senate’s scheduled CLARITY Act markup on May 14 revived institutional appetite for crypto exposure. CLARITY Act Momentum Flips the Script Coinshares, the digital asset investment firm that tracks […] - Ripple Prime Lands $200 Million Credit Facility to Scale Institutional Margin Capabilities11 May 2026 14:16
The facility, provided by Neuberger Berman, will expand Ripple Prime’s ability to provide deeper margin availability to institutional investors across different financial sectors. Ripple Prime’s President, Noel Kimmel, highlighted the importance of using a single credit line across all major asset classes. Ripple Prime Taps $200 Million Facility to Expand Operational Capabilities Ripple Prime, Ripple’s […] - Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263%11 May 2026 13:16
Circle reported higher first-quarter revenue and reserve income as USDC activity surged across its network. Total revenue and reserve income reached $694 million, up 20% year over year, while USDC onchain transaction volume rose 263% to $21.5 trillion. USDC Growth Drives Circle Revenue and Reserve Income Circle Internet Group Inc. (NYSE: CRCL) announced on May […] - Circle Pulls $222 Million From Blackrock and A16z to Launch Arc Blockchain at $3B Valuation11 May 2026 12:41
Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside […]
