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Congress Urged to Close Dangerous Crypto Oversight Gap Now
An urgent plea from a top former regulator presses Congress to act now, warning that inaction on crypto oversight endangers millions amid rampant fraud and market disorder.
Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions.
Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and now a Distinguished Fellow at Georgetown University’s Psaros Center, issued a strong appeal for Congress at a joint congressional hearing on May
Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions.
Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and now a Distinguished Fellow at Georgetown University’s Psaros Center, issued a strong appeal for Congress at a joint congressional hearing on May
#BTC #Write2Earn
First State Bitcoin Reserve Law Passed—NH Clears Treasury to Buy Crypto
The U.S. state of New Hampshire has become the first in the nation to authorize the creation of a strategic bitcoin reserve, following the enactment of House Bill 302 into law. Signed by Governor Kelly Ayotte on May 6, the legislation allows the state to invest public funds in bitcoin and other high-cap digital assets.
First State Bitcoin Reserve Law Passed—NH Clears Treasury to Buy Crypto
The U.S. state of New Hampshire has become the first in the nation to authorize the creation of a strategic bitcoin reserve, following the enactment of House Bill 302 into law. Signed by Governor Kelly Ayotte on May 6, the legislation allows the state to invest public funds in bitcoin and other high-cap digital assets.
#BTC US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment.
Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away
US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns
US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns
Kevin Helms
By Kevin Helms
Tue May 6 21:30:55 EST 2025
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment.
Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away
Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously underestimating the scale of the U.S. dollar’s ongoing decline and its implications for global finance. Speaking after the dollar registered its weakest start to a year since 2008, falling more than 4% on the Dollar Index (DXY), Green asserted that the downturn marks the early stages of a larger structural shift, not a temporary dip. Market expectations of multiple U.S. interest rate cuts, coupled with renewed trade protectionism and growing global political instability, are accelerating the currency’s retreat.
“Dollar supremacy isn’t vanishing overnight, but its era of unquestioned dominance is fading. This carries enormous consequences for global portfolios, pricing, and capital allocation,” Green opined. Emphasizing that this trend is not an abrupt crash but a drawn-out weakening, he explained
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment.
Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away
US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns
US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns
Kevin Helms
By Kevin Helms
Tue May 6 21:30:55 EST 2025
Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment.
Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away
Financial advisory firm Devere Group CEO Nigel Green cautioned on May 5 that global investors are dangerously underestimating the scale of the U.S. dollar’s ongoing decline and its implications for global finance. Speaking after the dollar registered its weakest start to a year since 2008, falling more than 4% on the Dollar Index (DXY), Green asserted that the downturn marks the early stages of a larger structural shift, not a temporary dip. Market expectations of multiple U.S. interest rate cuts, coupled with renewed trade protectionism and growing global political instability, are accelerating the currency’s retreat.
“Dollar supremacy isn’t vanishing overnight, but its era of unquestioned dominance is fading. This carries enormous consequences for global portfolios, pricing, and capital allocation,” Green opined. Emphasizing that this trend is not an abrupt crash but a drawn-out weakening, he explained
#btcnews99 Crypto Czar David Sacks Estimates AI Will Evolve a Million Times in the Next Four Years.
Davis Sacks, the cryptocurrency and artificial intelligence (AI) czar of the Trump administration, has predicted that AI will evolve by one million times in the next four years. He supports this forecast based on performance jumps in three areas: the models, which he sees improving by 3 to 4 times each year; chips, with performance gains of 3 to 4 times generation over generation; and compute, where he anticipates exponential growth in the capacity available for consumers and institutions. “So you multiply those things together: the algorithms, the chips, and the raw compute that’s available. You’re talking about a 1,000,000 times increase,” Sacks concluded, highlighting that the impact of this growth will be “absolutely massive.”
Davis Sacks, the cryptocurrency and artificial intelligence (AI) czar of the Trump administration, has predicted that AI will evolve by one million times in the next four years. He supports this forecast based on performance jumps in three areas: the models, which he sees improving by 3 to 4 times each year; chips, with performance gains of 3 to 4 times generation over generation; and compute, where he anticipates exponential growth in the capacity available for consumers and institutions. “So you multiply those things together: the algorithms, the chips, and the raw compute that’s available. You’re talking about a 1,000,000 times increase,” Sacks concluded, highlighting that the impact of this growth will be “absolutely massive.”
#BTC Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold.
New Funding to Support Excursion Into High-Performance Computing
Bitcoin mining firm Bit Digital has announced its intention to raise up to $500 million through an at-the-market (ATM) equity offering. According to an April 30 filing, the proposed offering could exceed Bit Digital’s current market capitalization of approximately $429 million, potentially leading to substantial share dilution if fully executed.
According to a report from the theminermag.com, the ATM program will allow Bit Digital to issue and sell shares of its common stock periodically through investment bank H.C. Wainwright & Co., which will act as the sales agent and receive a commission of up to 3% on any shares sold. As of April 28, the company reported 203.8 million outstanding shares.
The funds raised through the offering are earmarked for general corporate purposes, including significant capital expenditures to acquire new equipment. The capital injection is also expected to support Bit Digital’s planned expansion into cloud servicing and high-performance computing (HPC).
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold.
New Funding to Support Excursion Into High-Performance Computing
Bitcoin mining firm Bit Digital has announced its intention to raise up to $500 million through an at-the-market (ATM) equity offering. According to an April 30 filing, the proposed offering could exceed Bit Digital’s current market capitalization of approximately $429 million, potentially leading to substantial share dilution if fully executed.
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Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold.
New Funding to Support Excursion Into High-Performance Computing
Bitcoin mining firm Bit Digital has announced its intention to raise up to $500 million through an at-the-market (ATM) equity offering. According to an April 30 filing, the proposed offering could exceed Bit Digital’s current market capitalization of approximately $429 million, potentially leading to substantial share dilution if fully executed.
According to a report from the theminermag.com, the ATM program will allow Bit Digital to issue and sell shares of its common stock periodically through investment bank H.C. Wainwright & Co., which will act as the sales agent and receive a commission of up to 3% on any shares sold. As of April 28, the company reported 203.8 million outstanding shares.
The funds raised through the offering are earmarked for general corporate purposes, including significant capital expenditures to acquire new equipment. The capital injection is also expected to support Bit Digital’s planned expansion into cloud servicing and high-performance computing (HPC).
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold.
New Funding to Support Excursion Into High-Performance Computing
Bitcoin mining firm Bit Digital has announced its intention to raise up to $500 million through an at-the-market (ATM) equity offering. According to an April 30 filing, the proposed offering could exceed Bit Digital’s current market capitalization of approximately $429 million, potentially leading to substantial share dilution if fully executed.
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Come n join this "BULL" market.
#StrategicBTCReserve Fidelity Calls It: Bitcoin Could Flip Gold’s Dominance Any Day Now
Bitcoin is gearing up to outshine gold as Fidelity’s latest analysis highlights a pivotal shift in performance momentum, signaling a new era for digital store-of-value dominance.
Fidelity Signals Bitcoin May Soon Take the Baton From Gold.
Fidelity Investments’ director of global macro, Jurrien Timmer, offered a comprehensive take on the dynamic between bitcoin and gold on April 27 through a series of posts on social media platform X. Citing data from Fidelity Management & Research Company (FMR Co) and Bloomberg, Timmer analyzed the shifting Sharpe Ratios of the two assets—an indicator that measures return adjusted for risk—and pointed to a potential turning point in their relative performance.
Bitcoin is gearing up to outshine gold as Fidelity’s latest analysis highlights a pivotal shift in performance momentum, signaling a new era for digital store-of-value dominance.
Fidelity Signals Bitcoin May Soon Take the Baton From Gold.
Fidelity Investments’ director of global macro, Jurrien Timmer, offered a comprehensive take on the dynamic between bitcoin and gold on April 27 through a series of posts on social media platform X. Citing data from Fidelity Management & Research Company (FMR Co) and Bloomberg, Timmer analyzed the shifting Sharpe Ratios of the two assets—an indicator that measures return adjusted for risk—and pointed to a potential turning point in their relative performance.
#BTCRebound Texas Congressman Wants Crypto ATMs in Federal Government BuildingsCongressman Lance Gooden who represents Texas’ 5th District in the U.S. House of Representatives submitted a letter on Thursday to the General Services Administration (GSA), an arm of the government that helps manage federal properties, calling for the installation of cryptocurrency ATMs in government buildings in order to “provide a convenient option for citizens who rely on digital assets.”
US crypto stocks slip as bitcoin hits new 2025 low
Bitcoin fell as much as 5.5% to hit its lowest in 2025. Strategy, which holds billions worth of the token on its balance sheet, fell more than 10% and gave back much of the gains from the previous session.
US-listed shares of crypto companies tumbled on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad retreat from risk assets.
Bitcoin fell as much as 5.5% to hit its lowest in 2025. Strategy, which holds billions worth of the token on its balance sheet, fell more than 10% and gave back much of the gains from the previous session.Coinbase dropped 5%. Robinhood slid as much as 14% after Barclays slashed its price target, citing concerns the crypto market turmoil could weigh on the company's transaction revenue this quarter. It pared losses in the afternoon.
The pair have surrendered most of their gains since Donald Trump's victory in November, reflecting the challenges the industry is facing months after it rallied on the president's promise to make the US "the crypto capital of the planet". #BTCNextATH
Bitcoin fell as much as 5.5% to hit its lowest in 2025. Strategy, which holds billions worth of the token on its balance sheet, fell more than 10% and gave back much of the gains from the previous session.
US-listed shares of crypto companies tumbled on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad retreat from risk assets.
Bitcoin fell as much as 5.5% to hit its lowest in 2025. Strategy, which holds billions worth of the token on its balance sheet, fell more than 10% and gave back much of the gains from the previous session.Coinbase dropped 5%. Robinhood slid as much as 14% after Barclays slashed its price target, citing concerns the crypto market turmoil could weigh on the company's transaction revenue this quarter. It pared losses in the afternoon.
The pair have surrendered most of their gains since Donald Trump's victory in November, reflecting the challenges the industry is facing months after it rallied on the president's promise to make the US "the crypto capital of the planet". #BTCNextATH
Today Binance BTCRed Packet Giveaway Code 🎁🎉
🎁KPGQAJP6🎉
🎁BPWKDSO0PR🎉
claim it only for first 500 people
Have a good day #BTCNextATH
🎁KPGQAJP6🎉
🎁BPWKDSO0PR🎉
claim it only for first 500 people
Have a good day #BTCNextATH
Binance WODL today's words
SEC Drops Securities Case against Crypto Influencer Ian Balina
The SEC has officially dismissed the case against Ian Balina.
SPRK tokens were ruled securities, but no further action was pursued.
SEC appears to be stepping back from multiple crypto lawsuits.
In a significant development, the U.S. Securities and Exchange Commission (SEC) has moved to dismiss its long-standing unregistered securities lawsuit against cryptocurrency influencer and Token Metrics CEO Ian Balina.
According to a joint stipulation filed on May 1 in a Texas federal court, the SEC requested that the case be dropped “without costs or fees to either side.” Although the Commission did not specify the reasons regarding the dismissal of the case. The report explained that the dismissal “does not necessarily reflect the Commission’s position on any other case.”
Balina, who was one of the lead players in 2017’s ICO boom, previously suggested the lawsuit was about to conclude. In a March posting on X, he informed his fans: “It’s official.” He presented the action as a victory for fairness and transparency in the crypto industry.
Background of the SEC Case
The SEC initially brought the complaint in 2022, claiming that Balina sold and marketed SPRK tokens, associated with the Sparkster project, without registration. At the core of the dispute was a Telegram-based investing pool Balina organised in 2018, where he allegedly resold $5 million worth of tokens to around 68 individuals.
The court had sided with the SEC on multiple counts, including ruling that SPRK tokens qualified as securities under the Howey Test. Balina was also accused of acting as an unregistered underwriter and failing to disclose compensation for promotion, violating Section 17(b).
While Sparkster and its CEO previously settled with the SEC for $35 million, Balina continued to fight the charges until this recent dismissal
The SEC has officially dismissed the case against Ian Balina.
SPRK tokens were ruled securities, but no further action was pursued.
SEC appears to be stepping back from multiple crypto lawsuits.
In a significant development, the U.S. Securities and Exchange Commission (SEC) has moved to dismiss its long-standing unregistered securities lawsuit against cryptocurrency influencer and Token Metrics CEO Ian Balina.
According to a joint stipulation filed on May 1 in a Texas federal court, the SEC requested that the case be dropped “without costs or fees to either side.” Although the Commission did not specify the reasons regarding the dismissal of the case. The report explained that the dismissal “does not necessarily reflect the Commission’s position on any other case.”
Balina, who was one of the lead players in 2017’s ICO boom, previously suggested the lawsuit was about to conclude. In a March posting on X, he informed his fans: “It’s official.” He presented the action as a victory for fairness and transparency in the crypto industry.
Background of the SEC Case
The SEC initially brought the complaint in 2022, claiming that Balina sold and marketed SPRK tokens, associated with the Sparkster project, without registration. At the core of the dispute was a Telegram-based investing pool Balina organised in 2018, where he allegedly resold $5 million worth of tokens to around 68 individuals.
The court had sided with the SEC on multiple counts, including ruling that SPRK tokens qualified as securities under the Howey Test. Balina was also accused of acting as an unregistered underwriter and failing to disclose compensation for promotion, violating Section 17(b).
While Sparkster and its CEO previously settled with the SEC for $35 million, Balina continued to fight the charges until this recent dismissal
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