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    TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss

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    TeraWulf’s AI Revenue Surges 117% but Posts 7M Loss

    Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier.

    Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million.

    The HPC revenue was driven by 60 megawatts of operational critical IT capacity at Lake Mariner, one of North America’s largest HPC campuses, leased to Core42. TeraWulf is also coordinating infrastructure delivery with Fluidstack and Google, with additional capacity buildings on track for delivery in 2026.  The company ended the quarter with approximately $3.1 billion in cash.

    “Our capital structure is designed to align long-term financing with contracted cash flows, supporting disciplined growth while maintaining financial flexibility,” chief financial officer Patrick Fleury said.

    Related: CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone

    TeraWulf accelerates AI transition

    In October last year, TeraWulf announced a 25-year lease deal with Fluidstack, backed by Google, worth around $9.5 billion in contracted revenues, an expansion of an earlier 10-year commitment. The miner is also building out a national pipeline of power-advantaged sites, including a newly acquired 480 MW site in Hawesville, Kentucky, a 300 MW project in Lansing, New York, and a 210 MW site in Morgantown, Maryland, with potential to scale to 1 gigawatt.

    “We are building a power-advantaged platform that we believe is increasingly differentiated in a market constrained by access to power,” CEO Paul Prager said, noting that the company’s Abernathy joint venture, a 168 MW HPC project under a 25-year lease, remains on track for delivery in the fourth quarter of 2026.

    Shares of WULF closed the day down 2.6%, though the stock has gained more than 105% since the start of the year and is up over 30% in the past month.

    TeraWulf shares decline. Source: Yahoo! Finance

    Related: Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero

    Riot’s data center business generates $33 million in revenue

    As Cointelegraph reported, Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million, helping offset a decline in Bitcoin mining revenue, which fell to $111.9 million from $142.9 million a year earlier.

    Bitcoin miners are pivoting to AI infrastructure as shrinking margins push the industry toward more predictable revenue, with Core Scientific, MARA Holdings, Hive, Hut 8 and Iren converting mining facilities into data centers or acquiring AI compute assets.

    Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

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    AAVE Price Prediction: Bulls Eye $105 Breakout as DeFi Momentum Builds

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    AAVE Price Prediction: Bulls Eye 5 Breakout as DeFi Momentum Builds


    Felix Pinkston
    May 09, 2026 08:43

    AAVE breaks above key resistance with technical indicators aligning for a push toward $105. The confluence of moving average support and positive market structure suggests upside potential, though …

    The Technical Foundation

    AAVE has cleared a significant resistance zone around $96, establishing a platform for the next phase of price discovery. The breakout comes with legitimate conviction as buyers step in at higher prices, demonstrating appetite for exposure despite the asset trading near recent highs. Moving averages are providing support underneath current price action, creating a foundation that suggests the path of least resistance points upward.

    The daily chart reveals a consolidation pattern that appears to be resolving to the upside. Volume patterns during recent sessions indicate institutional interest rather than retail speculation, with sustained accumulation visible across multiple timeframes. This type of controlled buying typically precedes measured moves rather than violent squeezes that quickly reverse.

    Market Structure Analysis

    The broader DeFi sector is experiencing renewed interest as lending protocols demonstrate resilience through various market cycles. AAVE’s position as a leading protocol in the space positions it to benefit from sector rotation into yield-generating assets. Blockchain.news analysis shows that DeFi tokens have been quietly building strength while attention focuses on other narratives.

    Key resistance levels cluster around the $100 psychological barrier, followed by the more significant $105 zone where profit-taking could emerge. The technical setup suggests these levels are achievable within a 10-day timeframe assuming current momentum persists. Support has been established in the low-$90s range, providing a backstop for any temporary pullbacks.

    Risk Assessment and Strategy

    The probability-weighted scenario favors continued upside, but traders should remain aware of potential reversal points. A failure to hold above $94 would signal that the breakout lacks conviction and could trigger a retest of lower support around $88. However, the current price structure suggests buyers are committed to defending recent gains.

    For position sizing, the setup rewards patience with measured entries rather than aggressive speculation. Blockchain.news data indicates that successful DeFi trades typically develop over 1-2 week timeframes, allowing fundamentals to catch up with technical moves. The $105 target represents a logical profit-taking zone where resistance could materialize, making it prudent to scale out positions rather than holding for extended runs.

    The swing trading approach involves monitoring how AAVE handles the $100 level – a clean break with volume would confirm the bullish thesis and open the door to $105+. Conversely, rejection at round numbers with expanding selling pressure would suggest the need for patience and potential re-entry at lower levels.

    Blockchain.news Crypto Market

    Image source: Shutterstock


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    DePIN: Decentralized Physical Infrastructure Networks Explained

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    DePIN: Decentralized Physical Infrastructure Networks Explained

    DePIN (Decentralized Physical Infrastructure Networks) is a movement that uses blockchain technology and token incentives to build and maintain real-world infrastructure.

    By crowdsourcing resources like wireless connectivity, computing power, and energy, DePIN projects challenge traditional centralized providers by offering more efficient, cost-effective, and resilient alternatives.

    The Shift from Centralized CapEx to Decentralized Incentives

     

    Building physical infrastructure—like 5G towers, data centers, or weather stations—historically required billions of dollars in upfront capital (CapEx) from massive corporations. DePIN flips this model. Instead of a single company building everything, a network of individual contributors provides the hardware (routers, GPUs, or dashcams).

    In return for their contribution, these participants earn crypto tokens. This creates a “flywheel effect”: as the network grows, the service becomes more valuable, attracting more users and further rewarding the hardware providers.

    The Four Pillars of DePIN

    By mid-2026, the DePIN sector has matured into four dominant categories:

    1. Wireless Networks: Projects like Helium and World Mobile allow individuals to host hotspots or towers to provide 5G and IoT coverage. This has significantly expanded internet access in underserved and rural areas where traditional telcos find it unprofitable to build.

    2. Computing and AI: With the global explosion in AI demand, networks like Akash and Render aggregate idle GPU and CPU power from around the world. Enterprises now use these networks to run complex AI models at a fraction of the cost of legacy cloud providers.

    3. Data Storage: Filecoin and Arweave provide decentralized alternatives to services like Amazon S3. In 2026, these are increasingly used by institutions that require “permanent” and uncensorable data storage for historical or legal records.

    4. Sensors and Mapping: Projects like Hivemapper use dashcams in thousands of vehicles to build real-time, high-definition maps. These networks often surpass the update frequency of traditional mapping services by incentivizing everyday drivers to contribute data.

    Impact on Emerging Markets

    In 2026, the most profound impact of DePIN is seen in developing regions. In cities like Nairobi and Manila, decentralized energy grids and community-owned internet networks are providing essential services where centralized infrastructure has failed. By turning idle hardware into income-generating assets, DePIN is fostering a new era of “micro-entrepreneurship” on a global scale.

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    Zondacrypto (formerly BitBay) Faces Estonia FSA Warning

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    Zondacrypto (formerly BitBay) Faces Estonia FSA Warning


    Jessie A Ellis
    May 08, 2026 21:27

    Estonia’s FSA issues an investor warning for Zondacrypto, citing MiCA compliance issues amid ongoing withdrawal crises and investigations.

    Estonia’s Financial Supervision and Resolution Authority (FSA) has issued an investor warning against Zondacrypto, operated by BB Trade Estonia OÜ, for alleged non-compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The regulator flagged the exchange’s failure to provide a white paper for its “TeamPL” token, a key requirement under MiCA Article 9.

    The FSA stated that crypto issuers are obligated to maintain a white paper on their website for as long as the tokens remain publicly traded. Zondacrypto has yet to publicly respond to the warning.

    Withdrawal Crisis and Missing Funds

    The warning comes at a turbulent time for Zondacrypto, which is already under scrutiny over unresolved withdrawal issues. In April, CEO Przemysław Kral revealed that the exchange could not access a cold wallet containing approximately 4,500 Bitcoin (worth $360 million at the time). Kral blamed the issue on the company’s founder and former CEO, Sylwester Suszek, who has been missing since 2022 and allegedly never handed over the private keys.

    Kral has denied insolvency rumors, insisting that Zondacrypto will fulfill all customer obligations. However, these assurances have not quelled concerns among users, particularly as Polish authorities opened an investigation into the exchange last month following multiple complaints about frozen withdrawals.

    CEO’s Silence and Speculation

    Adding to the uncertainty, Kral has gone silent on social media, with his last post dated April 16, 2026. Reports from Polish media suggest Kral may have fled to Israel, where he holds citizenship, amid the ongoing legal probe.

    In prior statements, Kral argued that Poland’s lack of alignment with MiCA regulations pushed the company to operate outside its home country. Despite its Polish origins, Zondacrypto has positioned itself as an international player, but recent events highlight the regulatory and operational risks associated with such a strategy.

    Regulatory Pressure Mounting

    The investor warning from Estonia’s FSA underscores the growing enforcement of MiCA standards across the EU. Smaller firms like Zondacrypto, which have historically operated in regulatory gray areas, are finding it increasingly challenging to navigate the stricter compliance environment.

    For Zondacrypto, the combination of regulatory scrutiny, unresolved wallet access issues, and customer withdrawal problems poses a critical test of its ability to regain user trust and ensure operational transparency. Whether the exchange can address these challenges remains to be seen.

    More developments are expected as the Estonian and Polish investigations progress.

    Image source: Shutterstock


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    Bitcoin Continues Its $80K Battle as US Jobs Data Smash Expectations Despite Iran

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    Bitcoin Continues Its K Battle as US Jobs Data Smash Expectations Despite Iran

    Bitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds.

    Key points:

    • Bitcoin crisscrosses $80,000 as US jobs data notionally reduces the odds of US interest-rate cuts.
    • US jobs vastly outpace expectations, adding almost twice the anticipated number of jobs in April.
    • Traders avoid giving up on the local uptrend, seeing a “healthy” support retest.

    Bitcoin stays undecided on fate of $80,000

    Data from TradingView showed ongoing BTC price volatility as buyers and sellers sparked gyrations around the key $80,000 mark.

    BTC/USD one-hour chart. Source: Cointelegraph/TradingView

    US nonfarm payrolls revealed that the economy added far more jobs than expected in April, despite ongoing inflation pressure thanks to the Iran war.

    The Bureau of Labor Statistics reported 115,000 jobs — far beyond the expected 65,000.

    “The change in total nonfarm payroll employment for February was revised down by 23,000, from -133,000 to -156,000, and the change for March was revised up by 7,000, from +178,000 to +185,000,” an accompanying news release stated.

    “With these revisions, employment in February and March combined is 16,000 lower than previously reported.”

    US civilian unemployment rate. Source: BLS

    The unemployment rate remained unchanged at 4.3%.

    Bitcoin initially fell on the numbers, as outperformance implied less need for the Federal Reserve to relax financial policy.

    As Cointelegraph reported, the Fed made it clear at its latest meeting on interest rates that conditions were conducive to tightening, and that rate cuts were unlikely.

    The latest data from CME Group’s FedWatch Tool reflected market expectations of a potential rate hike at the Fed’s next meeting on June 17.

    Fed target rate probabilities for June 17 FOMC meeting (screenshot). Source: CME Group

    BTC price sees “healthy bullish backtest”

    Among traders, the mood was one of cautious optimism with acceptance that recent gains may not hold for long.

    Related: Bitcoin Bollinger Bands push key breakout as creator acts on positive signal

    “Retesting the highs from the previous consolidation,” Daan Crypto Trades summarized in his latest X analysis. 

    “Good bounce so far but this is a key level for the bulls to hold.”

    BTC/USDT perpetual contract 12-hour chart. Source: Daan Crypto Trades/X

    Trading account Cryptic Trades saw Bitcoin retesting its bull market support band, an area formed by two daily moving averages.

    “For now, this looks like a healthy bullish backtest before a continuation higher,” it wrote on the day.

    BTC/USD one-day chart. Source: Cryptic Trades/X

    Earlier, Cointelegraph noted signs that a local top could be in for BTC/USD, notably an “overbought” warning on the relative strength index indicator.

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    Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

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    Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink

    Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in recent days, citing security concerns around third-party oracle and bridge providers.

    On Thursday, Bitcoin DeFi platform Solv Protocol announced it would migrate to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and replace LayerZero bridges, citing an “extensive security review” concluding that CCIP provided the “strongest security assurances.” 

    A day earlier, liquidity protocol Tydro also said it was moving to Chainlink after its previous oracle provider, Chaos Labs, suffered an incident that prompted Tydro to pause markets over concerns about inaccurate price feeds.

    The migrations come after an April 18 exploit in which attackers drained 116,500 Kelp DAO restaked ETH (rsETH) tokens worth between $290 million and $293 million. Following the exploit, Kelp DAO also migrated its rsETH token to Chainlink, moving away from its previous LayerZero-powered bridge after attributing the incident to weaknesses in its cross-chain setup.

    Source: Solv Protocol

    LayerZero, however, said on April 20 that the exploit resulted from a single point of failure in Kelp DAO’s implementation, which relied on a single LayerZero DVN as the only verified path despite prior warnings against that configuration.

    DeFi protocols review oracle security after Kelp exploit

    The Kelp DAO exploit triggered a “wake-up call” for DeFi providers, according to Zach Rynes, strategic initiatives lead at Chainlink Labs.

    Related: Aave liquidates Kelp DAO hacker’s rsETH positions on Ethereum, Arbitrum

    Rynes told Cointelegraph that DeFi teams conducting security reviews are increasingly deciding to replace older oracle and bridge systems with Chainlink infrastructure to strengthen baseline security protections, and multiple other DeFi protocols are discussing potential migrations to Chainlink following the exploit.

    Oracle providers with long operating histories and strong reliability are becoming increasingly important as hacks continue across the sector, Marcin Kazmierczak, co-founder of RedStone, the fourth-largest blockchain oracle provider, told Cointelegraph, adding that RedStone has also kept a “fully reliable track record.”

    Redstone was also contacted by Tydro as an emergency measure after the Chaos Labs oracle attack and provided support to help restore oracle feeds for the protocol.

    Source: Redstone

    Oracle consolidation raises new questions for DeFi

    Following the Kelp DAO exploit, only a smaller group of specialized providers may be able to meet the “demand and reliability requirements” created by growing institutional participation in DeFi, Kazmierczak said.

    “A smaller set of trusted oracles is forming in the market,” he said, adding that as capital concentrates around providers with proven track records, the risk of oracle-related exploits could decline.

    When asked about the risks of multiple DeFi protocols depending on fewer providers, Rynes said Chainlink’s infrastructure was designed to withstand extreme market conditions.

    He pointed to periods including the 2020 Covid market crash, the 2022 FTX collapse and major volatility events in 2025, saying Chainlink continued operating throughout those disruptions.

    Related: Arbitrum vote to release $71M in frozen Kelp exploit ETH set to pass

    Nik Kunkel, founder of Chronicle, the second-largest oracle provider, said that an overreliance on a single infrastructure provider will always present additional risks.

    “There are risks anytime a large portion of an ecosystem depends on a single piece of infrastructure,” Kunkel told Cointelegraph, adding that reducing those risks also requires data infrastructure to remain independently transparent and verifiable.

    Top Oracle providers by market share. Source: DefiLlama.com

    Chainlink remains the largest oracle provider with a 58% market share and more than $32 billion in value secured, according to DefiLlama. Chronicle ranks second with $7.6 billion in total value secured, while RedStone holds fourth place with $3.7 billion, representing a 6.7% market share.

    Magazine: 53 DeFi projects infiltrated, 50M NEO tokens could be ‘given back’: Asia Express

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    Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

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    Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

    Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit.

    The proposal, MIP-34, passed in a seven-day Snapshot vote that ended Friday, according to DAO governance platform Snapshot. The measure authorizes the Mantle Foundation to negotiate and execute definitive agreements with Aave DAO for a loan from the Mantle Treasury, though the facility remains subject to Aave implementing its recovery plan and the parties finalizing terms.

    The credit facility is intended to help address the impact of the rsETH incident on Aave V3. The proposal said the attacker deposited 89,567 unbacked rsETH on Aave and borrowed about $190 million in WETH, wstETH and stablecoins, creating potential bad debt estimated at between $123.7 million and $230.1 million.

    The vote comes as the fallout from the rsETH exploit has moved beyond the initial liquidity shock into a broader remediation phase, with Mantle positioning its treasury as a backstop while Aave works to address bad debt and restore confidence in its lending markets. 

    Source: Aave

    Aave WETH market cools after post-exploit squeeze 

    The Mantle credit facility would address the shortfall that also created liquidity stress across Aave’s lending markets.

    Galaxy Research said in a Thursday report that the rsETH exploit pushed Aave’s Wrapped Ether (WETH) market into a prolonged squeeze, with WETH utilization staying above 99% for 12.7 days after the incident. 

    “Across the full analysis horizon, WETH utilization stayed structurally elevated and close to the 100% ceiling, with an average around 99.6% and only easing to about 98.47% by the end of the snapshot period,” Galaxy said. 

    Related: Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’

    High utilization means most of the supplied asset has already been borrowed, leaving little idle liquidity available for immediate withdrawals. In Aave’s case, Galaxy said the WETH market remained strained because supply contracted faster than borrows declined, keeping utilization near full capacity even after the initial shock. 

    30-day WETH utilization rate chart. Source: Aavescan

    The market has since cooled from the near-100% levels described in Galaxy’s analysis. Aavescan data showed Aave’s Ethereum V3 WETH market at about 91.6% utilization on Friday, with roughly 2.02 million WETH supplied and 1.85 million WETH borrowed. 

    Magazine: North Korea denies crypto hacks, Upbit’s bank tests Ripple: Asia Express

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    Monero: Deep Dive

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    Monero: Deep Dive


    Monero (XMR) is an open-source, privacy-oriented cryptocurrency launched in 2014 that focuses on censorship resistance and fungibility. (Read More)

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    AAVE Price Prediction: $100 Target Within 30 Days Despite Near-Term Bearish Pressure

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    AAVE Price Prediction: Bulls Eye 5 Breakout as DeFi Momentum Builds


    Rongchai Wang
    May 08, 2026 08:43

    AAVE’s current consolidation at $92.70 sets up a decisive breakout toward $100-105 range by early June, though immediate downside risk to $89 remains elevated with aggressive selling pressure domin…

    The Immediate Setup

    AAVE is grinding sideways in a tight range, trapped between the 20-day moving average at $93.47 acting as overhead resistance and the lower Bollinger Band at $89.84 providing crucial support. The token’s current position at $92.70 represents a critical inflection point where momentum indicators are flashing mixed signals. With RSI sitting at 44.68 in neutral territory and MACD histogram flatlining at zero, buyers are clearly hesitant to commit while sellers haven’t gained full control either.

    The derivatives market tells a more nuanced story – while retail traders maintain a slight long bias at 54.1%, aggressive selling pressure dominates with taker sell volume outpacing buys by a significant margin (0.65 ratio). This disconnect suggests institutional players are methodically distributing positions while retail remains optimistic, a pattern Blockchain.news has observed during previous AAVE consolidation phases.

    Key Levels Exposed

    AAVE’s technical structure reveals a compressed trading range with immediate resistance at $94.15 coinciding with yesterday’s intraday high of $94.31. The more significant barrier sits at $95.61, where the upper Bollinger Band and 50-period moving average convergence creates a formidable wall. Breaking above this level would signal the start of a meaningful rally toward the $100-105 zone.

    Downside protection remains thin, with immediate support at $91.47 already tested during this morning’s session. The critical floor sits at $90.25, representing the confluence of the lower Bollinger Band and recent swing lows. A breach below this level would likely trigger algorithmic selling and push AAVE toward the $85-87 range, invalidating the bullish thesis entirely.

    Sentiment vs Reality

    The analyst community remains cautiously optimistic despite recent price weakness. CoinCodex projects AAVE reaching $112.44 by year-end, representing a 21% upside from current levels, while CoinDataFlow targets a more conservative $101.48 for 2026. These forecasts align with the protocol’s strong fundamentals, but they’re bumping against harsh market realities.

    Smart money positioning tells a different story – top traders maintain a 61% long bias, suggesting institutional confidence in AAVE’s medium-term prospects. However, the persistent selling pressure in spot markets indicates distribution is ongoing. This creates an opportunity for patient traders willing to accumulate during weakness, as Blockchain.news analysis suggests institutional accumulation often precedes major breakouts in DeFi tokens.

    Actionable Trade Strategy

    The setup favors a patient accumulation strategy with tight risk management. Primary entry zone sits between $91.50-$92.50, with additional buying opportunities on any dip toward $90.00. Stop-loss should be placed below $89.50 to limit downside exposure if the support complex fails.

    Target the $97.00-$100.00 range for initial profit-taking, representing a 5-8% gain from current levels. The more ambitious $105.00 target remains viable if AAVE breaks above $95.61 with volume confirmation. Risk-reward favors the bulls here, but timing is crucial given the current momentum vacuum.

    Position sizing should remain conservative given the elevated volatility (ATR at $3.33), and traders should monitor the funding rate closely – any shift toward negative territory would signal growing bearish sentiment in derivatives markets. The 30-day window provides sufficient time for the technical setup to resolve, with Blockchain.news expecting clarity by early June as broader crypto markets establish their summer trend.

    Blockchain.news Crypto Market

    Image source: Shutterstock


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    HarrisX Poll Found 52% of Registered Voters Support the CLARITY Act

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    HarrisX Poll Found 52% of Registered Voters Support the CLARITY Act

    Nearly half of US voters are willing to cross party lines to get clear crypto regulation off the ground, while public support for the CLARITY Act could bring an electoral benefit for politicians, according to a new survey from HarrisX.

    The poll included responses from 2,008 registered voters from May 1-4. It found that 52% of respondents support the CLARITY Act, with just 11% opposed. 

    About half, or 47%, said they would consider voting for a candidate outside their preferred party if that candidate backed the bill and their own party did not. Among crypto users, that number jumped to 72%.

    “Passing the CLARITY Act is a bipartisan, winning issue,” Coinbase CEO Brian Armstrong said on X on Thursday. Robinhood CEO Vlad Tenev added: “There’s real momentum now to finally get CLARITY across the finish line. One more small push and we establish the legislative foundation to ensure American dominance in digital finance.”

    Source: HarrisX

    The crypto industry has been waiting for the CLARITY Act to move through the US legislative process. It is expected to provide long-awaited regulatory clarity for crypto and could help the country become a major hub for crypto and digital finance.

    The HarrisX poll also highlighted strong bipartisan support for the bill, with 55% of Democrats, 58% of Republicans and 42% of independents supporting it. Public support for the bill could also give senators a 20-point electoral advantage, it said

    Related: Bitmine’s Tom Lee says ‘crypto spring’ has already begun

    Some predict the CLARITY Act will receive additional markups as soon as next week.

    Speaking at the Consensus 2026 crypto industry conference in Miami on Wednesday, Coinbase’s vice president of US policy, Kara Calvert, said her “prediction is that we have a markup next week” from the Senate Banking Committee.

    Calvert stressed that bipartisan support will get the bill across the line, saying it needs at least 60 votes to pass the Senate, but she is unsure how things will unfold in the coming days.

    “That means you need Democrats. You need a bipartisan bill, and we have all been working really hard to make sure that bipartisanship holds. I think the big question is, how do these votes shape up over the next few days?”

    The timeline for a vote may still be months away, however. US Sen. Kirsten Gillibrand recently suggested additional markups are required before the bill can progress, predicting a Senate vote in August.

    Magazine: Guide to the top and emerging global crypto hubs — Mid-2026 

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