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Cryptocurrency

Morgan Stanley’s ETrade crypto undercuts Coinbase

Morgan Stanley's E*Trade crypto pilot covers Bitcoin, Ether and Solana via Zerohash, undercutting Schwab at 75bps and Fidelity at 1% per trade

SIREN price rally meets sellers at $1.22

SIREN's Binance perpetual hit $1.2965 on 139M volume May 8, but the 4H spot chart printed a long upper wick at $1.22 and reversed 3.1%.

Kalshi valuation reaches $22bn after Coatue raise

Coatue led Kalshi's $1bn Series F at a $22bn Kalshi valuation, with Sequoia, a16z, Paradigm and Morgan Stanley joining the round

Kraken’s Etana fraud suit targets CEO Russell

Payward filed in Colorado federal court alleging Etana fraud CEO Dion Russell ran a Ponzi-like scheme that diverted $25m in custodial assets

US Senate Banking Committee Expected to Hold a Formal Vote on CLARITY Act as Early as Next Week

The CLARITY Act Senate Banking markup is expected the week of May 11, with Coinbase VP Kara Calvert saying 60 votes are needed and Democrats must be on board

Meta’s USDC pilot draws fire as Senator Warren demands stablecoin transparency

Senator Warren is demanding Meta lift the veil on its USDC pilot

US jobless claims come in at 200,000; strong labor data keeps pressure on crypto

Initial US jobless claims came in at 200,000 for the week ending May 2, beating the 205,000 consensus and reinforcing a picture of a still‑resilient labor

Dogecoin price prediction: can DOGE break out of its $0.10 range?

Dogecoin is trading around $0.11 with a market cap near $18.9 billion and more than $2.6 billion in 24‑hour volume, still sitting over 80% below its 2021

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