Tuesday, May 12, 2026

10 Fresh Wallets Pull 100 Million LAB Tokens Worth $480M From Bitget

Ten newly created wallets have withdrawn 100 million LAB tokens, worth approximately $480 million and representing 32% of the token’s circulating supply, from Bitget in a 12-hour window, adding fresh onchain evidence to an already active manipulation investigation. Exit Follows 1,000% Pump and ZachXBT Probe Lookonchain flagged the movement on Tuesday, noting that ten fresh […]

via Shiraz Jagati

Congress Members to Hold Bipartisan Crypto Tax Meeting May 14

A bipartisan group of U.S. lawmakers is convening a closed-door session to push crypto tax reform forward, with new legislation on the table that could reshape how digital asset holders pay taxes on staking, trading, and everyday payments. PARITY Act Would Defer Staking Taxes The House Ways and Means Committee is set to hold a […]

via Shiraz Jagati

US Senate Drops 309-Page Crypto CLARITY Act Draft Ahead of May 14 Vote

The U.S. Senate Banking Committee has released a 309-page updated draft of the CLARITY Act as the landmark crypto market structure bill heads toward a formal markup vote on May 14, 2026. Drawing Permanent Lines Between SEC and CFTC The Digital Asset Market Clarity Act, commonly called the CLARITY Act, moved significantly closer to becoming […]

via Shiraz Jagati

Monday, May 11, 2026

Trump Meme Team Moves $17M in TRUMP to Bitgo as Allocation Wallet Stirs Again

The official allocation wallet tied to the TRUMP meme coin project transferred 7 million TRUMP tokens, worth approximately $17.22 million, to institutional custodian Bitgo on Sunday, raising fresh questions about insider token movements and potential sell pressure. What the Bitgo Transfer Signals The official Trump meme team allocation wallet transferred 4.915 million TRUMP tokens to […]

via Shiraz Jagati

XRP Bulls Drive Token Above $90B Market Cap as Bitcoin Retakes $82,000

XRP climbed above $1.50 for the first time in nearly two months during a broader crypto market rally that also pushed bitcoin past $82,000. ETF Inflows and Exchange Withdrawals Boost XRP Momentum On May 10, XRP breached the $1.50 mark for the first time in nearly two months amid a rare weekend cryptocurrency market rally […]

via Terence Zimwara

Sunday, May 10, 2026

Trump Tells Reporters Gas Is ‘Way Down’ — US Pump Prices Say Otherwise

The U.S. national average price for regular unleaded gasoline reached $4.52 per gallon on May 10, 2026, directly contradicting President Donald Trump’s assertion that prices had dropped sharply. U.S. Gas Prices Are up $1.40 From Last Year Trump made the claim during a press exchange this week when reporters asked about his Middle East strategy […]

via Jamie Redman

Stablecoin Market Adds $2 Billion in 7 Days as USDT Holds Near $190 Billion

After hovering slightly above the $320 billion threshold last week, the stablecoin sector pulled in more than $2 billion in fresh capital over the past seven days. Data from Defillama shows the stablecoin economy now carries a combined market capitalization of $322.74 billion. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) […]

via Jamie Redman