JUST IN: Per CMNC, Senator Lummis fires back at Jamie Dimon, CEO and Chairman of JPMorgan.
"He either hasn't read the bill, or he wants to mislead people."
The markets, and the people, want the Clarity Act.
Big banks don't.
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JUST IN: Hedera’s decentralization is accelerating.
Only 6 months ago, Hedera hosted 59% of the Governing Council nodes.
That number has now dropped to 3%.
Only 1 out of 35 Governing Council nodes is hosted by Hedera.
The less control Hedera has over the network, the more secure, resilient, and decentralized it becomes. This is a major step toward enterprise-grade trust and long-term adoption.
This is huge.
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CRYPTO CLARITY: The Clarity Act, which passed the Senate Banking Committee on May 14, 2026, is now up for vote.
The Senate will vote on it soon, having been added to the Senate calendar, needing 60 votes to avoid a filibuster.
If the measure is not voted on before July 4th, there is risk that the Act may face a totally different political landscape.
If passed, it could help the crypto industry by making regulations clearer, especially for stablecoins and digital assets.
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HAPPENING NOW:The S&P 500 hits anotheR new all time high of 7,618.
The index is now worth 69 TRILLION for the first time in history.
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Kevin O' Leary on crypto: "Here’s the big opportunity and no one's cracked it yet - and I think it's going to be the next big thing for crypto"
"Which (block)chain is going to get at least one company in all 11 sectors of the S&P?"
O’Leary’s bet is that the next major crypto winner won’t necessarily be the chain with the most meme coins or retail traders - it will be the chain that wins enterprise adoption across multiple industries.
This would create:
- More transactions
- More network demand
- More ecosystem growth
- Greater long-term value for the network’s token
"Because the minute that occurs, you wanna go long that token".
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JUST IN: The S&P 500 and NASDAQ just had the highest daily close in HISTORY, which added $12.4 TRILLION in the last 62 days.
At the same time, bitcoin:native continued to be unremarkable.
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JUST IN: Trump, via Truth Social, says "Talks are continuing, at a rapid pace, with the Islamic Republic of Iran..."
With the current war involving the US and Iran, the markets have been in absolute turmoil.
Whether or not a deal will be struck; if there will be more offensive/defensive strikes in Iran remains a mystery.
Talks at this point mean nothing. It's been an ongoing yo-yo lately as to whether or not there are legitimate terms being met between the two parties.
All we know at this point is that markets are swinging left, right and centre, and all anybody is looking for is a reprieve and some form of stability.
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BREAKING: U.S. manufacturing activity came in stronger than expected.
Great, but why does this matter, and what does it mean?
Manufacturing is often viewed as a leading barometer for the broader economy. Rising orders can lead to increased production, hiring, business investment, and consumer spending.
- ISM Manufacturing PMI: 54.0 vs 53.0 expected
- New Orders: 56.8 vs 54.1 prior
Above 50 = expansion
Below 50 = contraction
This is the strongest ISM Manufacturing reading in four years - which is signaling that factories are receiving more orders and economic activity is accelerating.
Historically, periods of economic expansion have been supportive for stocks and other risk assets. Stocks are already reacting to the data, while Crypto has yet to fully respond.
If growth continues to strengthen, the report today could be an early sign that risk assets (stocks, commodities, crypto, real estate, etc) have more room to run.
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Not only that, but $481,000,000,000 was also wiped from gold and silver in only 60 minutes, following the news.
You might think that because of market volatility regarding the end of peace talks (see post above), traditional assets like gold and silver might rise due to investors seeking safe-havens for their money so they don't lose it in stocks.
That is not always so - and the reason is because the end of talks will likely keep energy prices higher, which increases inflation and that = an expectation of higher interest rates.
Gold and silver are non-yielding assets, and as such, investors could be selling to rotate their money into money-market funds (low-risk, short term investment funds, like government bonds and Treasury bills) and other highly-liquid, short-term debt at those expected higher interest rates.
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JUST IN: Oil prices surge 5% to over $94/barrel on US-Iran war news.
Iran says it is suspending all negotiations with the U.S. and is threatening to fully block both the Strait of Hormuz and the Bab el-Mandeb Strait.
Tehran claims the decision comes after repeated ceasefire violations, including ongoing Israeli military operations in Lebanon.
The move raises concerns over global energy supplies, as the two waterways are among the world's most critical oil shipping routes.
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ALERT: $HBAR experienced a 92.87% surge in trading volume, reaching $507M in the past 24 hours alone.
HBAR is gaining momentum as enterprises adopt Hedera for real-world use cases like tokenized loyalty, payments, and digital engagement.
A new development is BrandBoost, a completely new platform built on Hedera that launched on May 26th, 2026, which lets companies run real-time loyalty programs using tokenized rewards instead of traditional points.
Instead of closed systems like points stored in company databases, rewards are issued as tokens on Hedera that can be tracked and redeemed in real time.
With much of Crypto seeming to be in a slump, it's refreshing to see a positive churn in the Hedera part of the Crypto world - and one that further continues to legitimize the Cryptocurrency.
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JUST IN: bitcoin:native fell below 72,000 this morning.
Michael Saylor’s “Strategy” announced it had sold 32 Bitcoin between May 26th and May 31st, 2026 -- with the funds being earmarked for dividend payments on the companies preferred stock.
This marks the companies first Bitcoin sell since December 2022.
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JUST IN: President Trump on US-Iran negotiations.
He’s sick of hearing both sides of the political spectrum “chirping”.
"Just sit back and relax, it will all work out in the end - it always does!"
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