News
17 May 2026, 19:40
Trump warns Iran to act fast or face severe consequences

President Donald Trump issued another warning to Iran on Sunday, telling the country it needs to act quickly or face serious trouble. “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them,” Trump wrote on Truth Social. “TIME IS OF THE ESSENCE!” The two countries have been struggling to reach an agreement since they stopped fighting in early April. Such a warning has been given before as well when Trump threatened a “whole civilization will die tonight, never to be brought back again”. The warning was aimed at civilian targets like power plants and bridges going against the international war laws. This time, Trump didn’t say exactly what would happen or what Iran needs to do to avoid these consequences. The blocked strait has caused big problems for the world economy. Oil prices have jumped up everywhere, and Americans are paying more at gas stations. On Sunday, the average gas price across the country was $4.51 per gallon, according to AAA. America wants Iran to stop its nuclear weapons work and open the Strait back up. Iran wants money to fix war damage, an end to the port blockade, and all fighting to stop, including battles in Lebanon. Iran has found a new way to put pressure on the world The country is looking at the underwater cables that run beneath the Strait of Hormuz. These cables carry internet data and financial information between Europe, Asia, and countries around the Persian Gulf. Iran wants big technology companies to pay for using these cables. Some government-connected media in Iran have hinted that the cables could be damaged if companies refuse to pay. Iranian lawmakers talked about this plan last week. It would affect cables connecting Arab nations to Europe and Asia. “We will impose fees on internet cables,” said Ebrahim Zolfaghari, a spokesperson for Iran’s military, in a post on X last week. Media connected to Iran’s Revolutionary Guards said the plan would make companies like Google, Microsoft, Meta, and Amazon follow Iranian rules. Cable companies would have to pay fees to use the route, and only Iranian companies could fix or maintain the cables. Some of these technology companies have put money into cables that go through the Strait of Hormuz and Persian Gulf areas. It’s not clear if these cables actually pass through waters that Iran controls. There’s also a question of how Iran could make these companies pay. American sanctions don’t allow payments to Iran, so the tech companies might think Iran is just making empty threats. Still, Iranian media have warned that damage to the cables could hurt trillions of dollars worth of global data and mess up internet connections worldwide. The strait connects Asian technology centers like Singapore to cable stations in Europe. Problems there could slow down financial trading between Europe and Asia. Parts of East Africa might lose internet completely. Trump says Xi agrees on opening strait, but China won’t confirm Trump said Chinese President Xi Jinping agreed that Iran must open the Strait of Hormuz, though China didn’t confirm this. Xi didn’t talk publicly about his Iran discussions with Trump. China’s foreign ministry called the war a conflict “which should never have happened, has no reason to continue.” Ebrahim Azizi, who leads Iran’s parliament security committee, said Saturday that Iran has prepared a system to manage ship traffic through the strait on a specific route that will be announced soon. Azizi said only business ships and those cooperating with Iran would benefit, and fees would be charged for special services. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
17 May 2026, 19:22
Clarity Act advances in Senate with 15 votes for crypto

🚨 The Clarity Act clears its first Senate hurdle with 15 votes. Two Democrats joined Republicans in backing new $BTC regulations. Continue Reading: Clarity Act advances in Senate with 15 votes for crypto The post Clarity Act advances in Senate with 15 votes for crypto appeared first on COINTURK NEWS .
17 May 2026, 18:24
CLARITY Act Passes Senate Banking Committee: What Does This Mean for Crypto?

A few days ago, the Digital Asset Market Clarity Act (CLARITY Act) made some progress in the Senate. The bill has advanced out of the Senate Banking Committee despite strong opposition from some lawmakers and bankers. Following Senate Banking Committee approval, multiple executives are discussing what the move means for the crypto industry. They have highlighted that the approval is a step in the right direction and that regulatory clarity could create a favorable environment for crypto in the United States. CLARITY Act Passes Banking Committee Speaking to CryptoPotato , Dessislava Laneva, a research analyst at the digital asset wealth platform Nexo, explained that the approval triggered a bitcoin (BTC) rally, driving the asset back above $82,000. Although the asset eventually retraced and erased all the gains, the probability of the CLARITY Act being signed into law in 2026 rose to 68% on Polymarket. Laneva recalled how the Senate Committee’s approval of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act in March 2025 triggered a 7.5% BTC rally over two weeks. She believes that the Senate’s full approval of the CLARITY Act in the coming months could trigger a similar, or even more intense, market reaction, especially given the bill’s “thornier path” than GENIUS. For the CLARITY Act to fully pass the Senate, it must be merged with a separate version advanced by the Senate Agriculture Committee and reconciled with the House’s version. Afterward, it has to pass the Senate floor with a 60-vote supermajority. However long this process takes, Laneva believes the Senate floor vote could trigger a rally that sends BTC to a new all-time high, as seen with GENIUS’ trajectory. In essence, the banking committee approval is not as important as the Senate floor vote. For now, bitcoin’s price is heavily influenced by interest rates, not by legislative developments. The Maturity of Blockchain Infrastructure Another commentary came from Andrew Clews, Enterprise Strategy & Governance Lead at The Graph Foundation. For Clews and The Graph as a whole, the banking committee approval signals that blockchain infrastructure is maturing from experimental technology into foundational digital infrastructure. With regulatory clarity fast-tracking the maturity, more financial assets, artificial intelligence (AI) agents, and real-world workflows will move on-chain. A clear market structure will create the conditions for builders to focus on innovation while unlocking confidence for institutional investment. In conclusion, Vikrant Sharma, the co-founder of Cake Wallet creator, Cake Labs, said: “The important thing is that market structure rules target intermediaries that custody funds or make promises to users, not people writing code or users holding their own assets.” The post CLARITY Act Passes Senate Banking Committee: What Does This Mean for Crypto? appeared first on CryptoPotato .
17 May 2026, 17:27
Japan sold $29.6 billion in U.S. debt in Q1 2026

Japan investors pulled $29.6 billion out of U.S. government-linked debt in the first quarter of 2026, the country’s biggest quarterly sale since the second quarter of 2022, which was basically four years ago. Q1 also broke a strong buying run, because Japanese accounts had bought U.S. debt in 11 of the previous 12 quarters, and this was their first quarterly net sale since Q4 2024. The agency bucket covers mortgage-backed securities and debt tied to government-backed firms. Local authority debt covers municipal bonds sold by U.S. states, cities, and local governments. In the first two months of the year alone, Japanese investors sold $4.14 billion of U.S. agency bonds, based on the latest U.S. Treasury Department figures. Japanese investors cut U.S. debt holdings as inflation changes the Fed trade Activity was back to normal after the painful rate repricing in February, where the OIS priced in a Fed rate cut twice in the coming months. Obviously, that was before the United States, in tandem with Israel, bombed Iran, oil surged 50%, and traders changed their stance to a rate hike for the upcoming period. The Japanese continue to hold a bigger share of U.S. debt among all foreigners, with around $1.24 trillion in total. Next is the United Kingdom with $897 billion, followed by China with $693 billion. But now data suggest that the Japanese are selling off their positions in U.S. bonds because of better yields offered domestically. The 10-year JGB yields reached 2.73%, which is the highest level seen since May 1997. Markets predict an increase in the central bank’s policy rate by 25 basis points to 1% for June due to persistently strong inflation. The 30-year JGB yield reached 4% for the first time since the bond was launched in 1999. The 5-year and 20-year JGB yields also touched record highs earlier in the week. Finance Minister Satsuki Katayama said Friday that government bond yields were rising across the biggest global markets. “These developments are interacting with one another, and that is creating a compounding effect,” Satsuki told reporters. Global bond markets sell off as oil, auctions, and Fed warnings hit traders Japan’s Prime Minister Takaichi Sanae won a landslide election in February after promising more public spending and help against inflation. Sanae’s government is already subsidizing petrol prices. Economists now warn that her administration may need a supplementary budget later this year, which would put more pressure on JGB prices. Over in America, Trump’s war-driven price fears are pushing borrowing costs higher, with the 30-year Treasury yield heading toward a two-decade high above 5%. Treasury yields are now roughly half a percentage point or more above late-February levels. The 2-year yield reached 4.07%, its highest since early 2025. The 10-year yield hit 4.59% after rising about a quarter point last week, its biggest weekly jump since April last year. Long-term Treasury yields matter because they feed into mortgage rates and corporate loans. Bond investors have spent two months watching for signs that high oil prices could hurt growth more than inflation. Higher long-term yields have brought that question back. Last week’s auctions gave traders nothing cute to smile about. The 30-year Treasury sale was the first since 2007 to clear at a rate as high as 5%, and demand was still plain. The 3-year and 10-year auctions also drew average interest. A JPMorgan Chase & Co. (JPM) survey showed Treasury short positions at their highest level in 13 weeks. Investors will now watch Wednesday’s Fed April meeting minutes to see how much backing dissenting voters had. Chicago Fed President Austan Goolsbee said broad price pressure may point to overheating. Fed Governor Michael Barr called inflation the “overwhelming” risk facing the economy. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
17 May 2026, 14:04
Ethereum News: Donald Trump-Linked World Liberty Sells 4,870 ETH for $10.61M

A wallet linked to the Trump-affiliated World Liberty Financial project sold 4,870 ETH for about $10.61 million in USDC, according to market data shared by crypto trackers. The sale was executed at an average price of roughly $2,178 per ETH. Ethereum traded near $2,185 after the transaction, moving slightly lower during the session as the asset continued to face pressure from exchange-traded fund outflows and broader market caution. ETH has been trading near the lower part of a recent channel, with analysts watching whether buyers defend the $2,150 support zone. The World Liberty sale comes as the project remains under public and legal scrutiny. The Trump-linked crypto venture has faced questions over its governance token, treasury activity, investor restrictions, and reported disputes with early backers. World Liberty Sells ETH as Market Watches Treasury Activity The 4,870 ETH sale adds to recent treasury management activity tied to World Liberty Financial. The project has previously drawn market attention because of its political links, token structure, and reported asset movements. The latest sale converted ETH into USDC, a dollar-pegged stablecoin widely used in crypto trading and treasury management. Such transactions are often watched by traders because large wallet sales can affect market sentiment, especially when they involve politically connected or widely followed projects. World Liberty’s WLFI governance token has also faced heavy volatility. The token was recently trading near $0.08, far below its earlier high. However, as of now, early investors are allowed to unlock 20% of their holdings, creating new supply dynamics in the market. The project has also faced scrutiny over a reported $75 million loan using WLFI tokens as collateral. Lawmakers and legal observers have questioned whether the structure raises investor protection and liquidity concerns. Ethereum ETFs Record Heavy Weekly Outflows Ethereum’s market backdrop remains weak after another week of U.S. spot crypto ETF outflows. Spot Ethereum ETFs recorded about $255.11 million in net outflows for the week of May 11 to May 15, according to data cited by market reports. BlackRock’s Ethereum ETF reportedly sold about 77,567 ETH during the week, while Fidelity sold about 25,770 ETH. Grayscale sold about 7,409 ETH, and ARK 21Shares sold 637 ETH. VanEck was among the few issuers listed as buying ETH during the same period. The broader U.S. spot crypto ETF market recorded roughly $1.13 billion in total net outflows last week, including about $1 billion from Bitcoin ETFs. The outflows show that institutional fund flows remained negative across both major crypto assets. Ethereum’s price has held near $2,150 to $2,185 despite the fund withdrawals. Analyst Ali Martinez noted that ETH had returned to the lower end of its channel and said a rebound could occur if the $2,150 support area holds. If buyers defend that zone, traders are watching possible moves toward $2,280 and $2,390. A break below the lower support area could weaken the setup and increase attention on deeper demand levels. Legal Pressure Builds Around WLFI World Liberty Financial is also facing legal and regulatory pressure. Senator Elizabeth Warren has reportedly requested that the Securities and Exchange Commission investigate the project for possible securities law issues and investor disclosures. Legal analysts have argued that WLFI may face questions under the Howey test, which is used to assess whether an asset is an investment contract. The project has not been found liable in court on those claims. The project is also involved in a dispute with Tron founder Justin Sun, who reportedly invested $45 million in World Liberty. Sun has alleged that his tokens were unfairly frozen and that the project used account controls to restrict his ability to sell or move assets. World Liberty executives, including Zach Witkoff and Eric Trump, have rejected Sun’s claims and described them as meritless, according to reports. The dispute remains part of a wider legal fight around investor rights, token controls and project governance.
17 May 2026, 11:23
Will XRP Explode as CLARITY Act Passes Senate Stage? ChatGPT Sees One Big Catch

After months of negotiations and delays, a US Senate panel on Thursday finally approved the CLARITY Act with a 15-9 vote. Although there’s still a long way to go until the bills become law, since there’s a lot of opposition left and it would need to clear the full Senate, the cryptocurrency market already experienced a notable price boost once the news went live on Thursday. The question we asked ChatGPT is what sort of impact would the CLARITY Act’s potential approval have on XRP, since many analysts in the past have noted that the asset requires further regulatory clarity (no pun intended) to unlock its next major phase up. Impact on XRP The bill’s structure is designed to finally clarify one of the most controversial and important questions in the cryptocurrency industry: when is a token a security, and when it is not. Given Ripple’s (and XRP’s) history with the US SEC on the topic and how much it haunted them for years, it’s safe to say that the cross-border token and the company behind it should look forward to the most for a clear answer. As mentioned above, analysts are adamant that XRP will be among the most spectacular beneficiaries, with some expecting multi-billion-dollar inflows toward the spot ETFs tracking its performance. ChatGPT agreed to a large extent, as Ripple has always positioned XRP as a utility asset and a cross-border liquidity tool. It’s infrastructure for payments rather than a traditional investment contract, the company says. “XRP’s underperformance in recent months or even years on broader scales was caused less by technology weakness and more by regulatory pressure… Remove that pressure, and the narrative changes fast,” said the AI tool. Will the Price Explode? The bullish scenario for XRP is if the bill continues to progress, while the overall market sentiment remains positive and institutions interpret the asset as safer from future SEC attacks, said ChatGPT. Then, the token could see “renewed exchange activity, increased institutional interest, and potentially a major breakout attempt.” The first major psychological line for XRP would be the $2.00 resistance: flipping it into support “could happen surprisingly quickly if momentum accelerates.” However, there’s a big catch, the AI platform warned. If XRP indeed relies on the CLARITY Act’s full approval, then the fact that it might take months or even years for the complete resolution could spell trouble or consolidation for the asset. As such, ChatGPT concluded that passing Senate now was a “huge milestone,” but it’s far from “being the finish line.” The post Will XRP Explode as CLARITY Act Passes Senate Stage? ChatGPT Sees One Big Catch appeared first on CryptoPotato .










































