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Financial services giant Charles Schwab is preparing to expand deeper into digital assets, announcing plans for a forthcoming product that will allow clients to buy and sell cryptocurrencies directly through its platform. The firm revealed that “Schwab Crypto™” is in development and will be offered through Charles Schwab Premier Bank, positioning the product as a gateway for retail investors seeking direct exposure to leading cryptocurrencies such as Bitcoin. The company has opened a waitlist for clients interested in early access, though availability will be subject to regulatory approval and eligibility requirements. The move marks a notable shift for Schwab, which…
In brief Anthropic has filed with the FEC to create an employee-funded political action committee called AnthroPAC. The move follows a dispute with the Trump administration over military use of the Claude AI model. The filing shows how AI companies are preparing to engage more directly in U.S. politics. Artificial intelligence giant Anthropic has filed paperwork with the Federal Election Commission to create a political action committee, signaling a deeper move into U.S. politics as the fight over AI policy and its own ongoing battle with the White House intensifies.The San Francisco-based company registered the Anthropic PBC Political Action Committee,…
The following 36-48 hours are expected to be quiet, but what comes next? A tradition started in early 2026 when the US attacked Venezuela and captured its leader and his wife in the early hours of Saturday morning under Trump’s orders. Iran was also attacked during the first day of the weekend. Perhaps the most likely reason for this is the fact that all (well, almost all) financial markets are closed at the time, and there won’t be massive turbulence for investors and the US economy. However, this narrative doesn’t apply to the always-open cryptocurrency market, which tends to feel…
Bitcoin sales by Riot, MARA, and Nakamoto demonstrate how major holders are managing treasury assets in the present volatile climate. In the first quarter of 2026, three major companies made massive Bitcoin sales, in what appears to be a significant change in their treasury strategies. As the broader financial market reels under geopolitical turmoil, Riot Platforms, MARA Holdings, and Nakamoto have collectively offloaded over 19,000 BTC during the first three months of the year. Riot Platforms First up is Riot Platforms, which reportedly sold $289.5 million worth of Bitcoin in the first quarter of 2026. The company sold 3,778 BTC…
Solana-based decentralized finance (DeFi) platform Drift warned users about an “active attack” on its platform Wednesday, saying it had suspended withdrawals and deposits.”We are coordinating with multiple security firms, bridges and exchanges to contain the incident,” the account said. Drift had earlier said it was investigating “unusual activity” on its protocol, prompting concerns that the platform may have been exploited.“We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while we investigate,” Drift wrote in a post on X. “This is not an April Fools joke. Proceed with caution until…
Despite Solana’s record-breaking February, Ethereum still leads in cumulative stablecoin transaction volume at around $52 trillion. The Solana blockchain processed about $650 billion in stablecoin transactions in February 2026, setting a new monthly record, according to The Kobeissi Letter. That spike placed stablecoin activity far above traditional benchmarks, with monthly volumes now approaching $2 trillion and outpacing CME gold future trading by a wide margin. Solana Leads Record-Breaking Surge in Stablecoin Activity The Kobeissi Letter says that Solana’s stablecoin volume in February was almost three times what it was in January. This was partly because of new products being released,…
EDX Markets, the crypto exchange backed by Citadel Securities, has applied for a national trust bank charter, marking a new step in its push to serve institutional clients.The exchange submitted its filing to the Office of the Comptroller of the Currency on Wednesday, according to documents seen by CoinDesk. The move comes about three and a half years after the firm launched.If approved, the charter would allow EDX to offer custody, asset management and principal trading services, while continuing to run its core order-matching platform. The filing outlines a structure where custody and settlement sit within a regulated trust entity,…
A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom. The analysis concludes that the cryptocurrency could still face additional downward pressure before ultimately reaching its final price floor this year. The Early Phases Of Bitcoin’s Price Bottom Ardi, a technical analyst on X, has used the market structure and price movements during the 2022 bear market to predict when Bitcoin could reach a price floor in this current bear cycle. In his analysis, he shared the five phases that could indicate that a bottoming…
Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict. He alluded to the 2022 bottom to explain why the leading crypto is likely to find a bottom soon and begin a new bull cycle. Analyst Explains Why Bitcoin Will Soon Find A Bottom In an X post, Sykodelic said the Bitcoin bleed is almost over and that people expecting a drop to the $40,000 range will be sidelined. He further remarked that this is how people who were waiting for a drop to…
US Senator Cynthia Lummis has dismissed claims that the Digital Asset Market Clarity Act fails to protect decentralized finance innovators from legal repercussions, rebutting that recent changes to the draft will make it the “strongest protection for DeFi and developers ever enacted.”Her comments on Friday came in direct response to crypto lawyer Jake Chervinsky, who argued that Title 3 of the current draft undermines the Blockchain Regulatory Certainty Act — another crypto bill focused on developer protections — by subjecting non-custodial software developers to know-your-customer obligations.“Don’t believe the FUD,” Lummis said, adding, “We have worked on a bipartisan basis for…