Arthur Hayes urges Trump to veto the CLARITY Act, saying Bitcoin and crypto should not rely on regulation to survive. BitMEX founder Arthur Hayes said he hopes Trump vetoes the CLARITY Act, citing concerns over Bitcoin’s core purpose. Speaking in a May 13 interview with The Wolf Of All Streets,...
Six Days In, Hyperliquid ETFs Are Already Reshaping HYPE Demand
Hyperliquid spot ETFs outpaced Ethereum inflows on five of the first six trading days after launch. On day six, HYPE ETF inflows surpassed every peer product, signaling growing institutional buying demand. Hyperliquid ETFs generated 2.5x the buying pressure of the Assistance Fund in just six trading days. Six days into...
L2BEAT Just Removed a Major Trust Risk From This Ethereum L2
L2BEAT independently regenerated all ZK circuits for Lighter’s desert verifier, confirming it matches the deployed contract on Ethereum. Lighter’s desert mode circuit sources were unavailable until recently, leaving users unable to exit funds without relying on the team. Users can now run the build script locally to verify ZK circuits...
Something Broke Inside Ethereum While Bitcoin Kept Absorbing the Hits
On-chain data reveals a sharp Bitcoin Ethereum divergence in taker volume. Bitcoin buyers hold ground while Ethereum sellers take full control. Bitcoin dropped from $82,000 to around $77,000 between May 11 and May 18. Ethereum fell from $2,400 to $2,100 over a longer stretch starting in April. Two price declines,...
Bybit Dumped XRP for a Month Straight. Now the Tables Have Turned.
XRP exchange-flow data shows Bybit’s month-long deposit streak ended around May 16 as Binance and Coinbase shifted into net withdrawal territory. Something shifted in XRP’s exchange behavior around mid-May. Not dramatically. Quietly. The kind of change that only shows up when you’re tracking transaction-level delta across platforms. According to on-chain...
Kraken and Coinbase User Reportedly Loses $6.7M in Crypto After Suspected Physical Attack
A Kraken and Coinbase user reportedly lost $6.7 million in crypto after a suspected physical attack, while stolen funds moved through Tornado Cash. A cryptocurrency user reportedly lost nearly $6.7 million after a suspected physical attack. According to on-chain investigator Specter, the attackers withdrew money from accounts associated with Kraken...
Trading Mentorship vs. Self-Teaching: What the Data and Real Traders Actually Show
One thing traders starting without advice have in common is that they think independence is faster. Self-paced learning seems effective, lessons are free, and the material is readily available. That confidence is natural, but it often fails when theory meets real-world market realities. Whether self-teaching yields any outcomes at all...
South Carolina Signs New Bill Protecting Bitcoin Rights
South Carolina legalized stronger protections for Bitcoin self-custody rights. The law blocks discriminatory crypto taxes and restrictive zoning measures. State agencies are banned from using or testing central bank digital currencies. South Carolina Governor Henry McMaster officially signed Senate Bill 163 into law. The new statutory change, people in the...
CFTC Sues Tim Walz Over Minnesota Prediction Markets Ban
The CFTC sued to block Minnesota’s prediction-market ban before it takes effect. The agency says prediction-market contracts are federally regulated swaps. Minnesota’s law would ban operating, advertising, and supporting these platforms. A massive legal battle just erupted between federal regulators and state leadership over the future of decentralized betting. The...
PEPE Whales Open Massive 10x Longs as Traders Eye Breakout Move
PEPE whales open $3.37M in 10x longs as PEPE tests $0.00000491 resistance while traders watch for breakout confirmation. Two large wallets opened 10x long positions on PEPE at the same time, according to shared market data. The combined position reached 924.7 million kPEPE, valued near $3.37 million. The move came...