crtypto & forex news

The National Fraternal Order of Police (FOP), the largest law enforcement organization in the United States, has weighed in on the CLARITY Act, sending a letter to lawmakers that argues against a specific part of the bill.  In the correspondence—signed by FOP President Patrick Yoes—the group says it strongly opposes Section 604, a provision that, according to the letter’s description, would exempt certain non-controlling developers and providers from being treated as money transmitting businesses. CLARITY Act Section 604 Becomes A Flashpoint In reports shared on social media, Yoes wrote to Senate Banking Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, arguing that Section 604 would strip prosecutors and law enforcement of statutes they rely on to track and pursue people who commit crimes using digital assets.  The FOP’s argument is that removing those tools would also make it easier for criminal organizations to profit from illegal activity. At the center of the d...

Ethereum and its broader ecosystem are once again in the crypto spotlight following a recent statement by its founder. The founder has recently publicly declared the ETH network as the leading hub for AI operations, triggering a frenzy across the crypto community. Ethereum At The Center Of the AI Economy Vitalik Buterin, the founder of Ethereum, has made yet another bold statement regarding ETH and its evolving ecosystem. In the face of blockchain growth, the crypto figure is making a compelling link between the ETH network and Artificial Intelligence (AI) .  As shared by Etherealize on the X platform, this compelling statement from Buterin was made in a recent interview with the OKX crypto platform. In the interview, the founder has described the Ethereum blockchain as a potential economic layer for the rapidly evolving AI sector. The concept is likely backed by ETH’s capacity to offer AI-driven apps and agents, decentralized payments, smart contracts, identity systems, a...

A crypto analyst has said that the global banking system is about to be forcibly changed, as a new SWIFT mandate sets a critical deadline that could change XRP and Ripple forever. ISO 20022 is SWIFT’s new global messaging standard for cross-border payments, and the change is set to take full effect in November 2026. The analyst said that SWIFT will shut down the older unstructured messaging, forcing every major bank onto a new system. He also suggests this could have major implications for XRP , as it aims to serve as a global bridge asset for cross-border transfers. SWIFT’s ISO 20022 To Overhaul Unstructured Messaging In a YouTube video released on May 10, a market analyst known as Cheeky Crypto said that SWIFT is about to bring “the death of legacy banking data.” He noted that the new ISO 20022 mandate will remove unstructured addresses within the SWIFT network by November 2026. According to him, if banks fail to comply with these new standards, their transaction...

Bitcoin is currently at the center of a debate after Avalanche founder Emin Gün Sirer raised concerns about the network’s long-term security and mining economy . In a recent X post shared on May 10, 2026, the crypto founder argued that BTC could eventually face a serious challenge tied to declining miner incentives . His comments have quickly sparked discussions on what this could mean for Bitcoin’s future stability. Bitcoin Mining Pressure Builds The warning from the crypto founder centered on a growing concern that has followed Bitcoin for years but is now attracting renewed attention as block rewards continue to shrink. Bitcoin miners currently secure the network by verifying transactions and maintaining the blockchain through energy-intensive mining operations . In return, miners receive newly issued BTC alongside transaction fees. However, Bitcoin’s halving system cuts mining rewards in half every four years. While this system helps control BTC’s supply and supports its ...

Data shows the Estimated Leverage Ratio has seen a sharp decline for Ethereum on Binance, a sign that traders have been pulling back on risk. Ethereum Leverage Ratio Has Dropped To A Value Of 0.57 As pointed out by an analyst in a CryptoQuant Quicktake post , speculative activity in the Binance Ethereum derivatives market has observed a cooldown recently. The indicator of relevance here is the “ Estimated Leverage Ratio ” (ELR), which tracks the ratio between the ETH Open Interest and Derivatives Exchange Reserve. The former metric, the Open Interest , measures the total amount of positions related to the cryptocurrency that are currently open on a given centralized derivatives exchange. Meanwhile, the latter is the amount of the asset sitting in wallets connected to that platform. Since the ELR takes the ratio of the two, it essentially tells us about how much leverage investors are opting for against the average position. When the value of the indicator is high, it me...

Bitcoin has done something it had not managed since late January: close a week above $80,000. Bitcoin bulls now have a stronger argument after BTC pushed through the $78,000 to $80,000 bearish order block, but the next phase is not yet easy to predict.  What comes next, however, depends entirely on whether Bitcoin bulls can defend the price ground the cryptocurrency has just claimed and two important price levels. The $78,000 Floor That Must Hold TradingView data shows that Bitcoin registered a weekly close of $82,210 against Tether on Sunday, May 10, confirming that the break above $80,000 was not just an intraday reclaim of the psychological level. However, the zone between $78,000 and $80,000 was not simply a range that Bitcoin traded through. Technical analysis of the daily candlestick price chart shows that it was a bearish order block, a supply area where sellers had previously overwhelmed buyers repeatedly.  This makes $78,000 the level bulls may need to defend if the ...

Zcash’s sharp revival did not happen by accident, according to Josh Swihart, who argues that ZEC’s roughly 1,500% rally reflects a multi-year reset across governance, product strategy, narrative positioning and organizational structure. In a detailed update, Swihart framed Zcash’s recent strength as the result of hard decisions made in 2023 and 2024 that are now compounding across the ecosystem. Three years ago, Swihart said , Zcash had strong cryptography but weak momentum. ZEC was trading around $30, less than 11% of supply was shielded, and community discussion was dominated by governance disputes. Today, he said, ZEC is around $600, roughly 31% of supply is shielded, more than $3 billion in value is held in user-controlled shielded wallets, and shielded transactions reached 86.5% in mid-March. “Nothing happens by chance,” Swihart wrote. “Here were the unlocks and why growth is accelerating.” Governance Reset Becomes Central To The Zcash Story Swihart’s first explanation centers...