News
12 May 2026, 14:45
Bhutan on the way to zero BTC by September with latest 100 BTC selloff

Bhutan has moved 100 BTC worth $8.1 million out of its holding wallets, continuing a steady liquidation that blockchain analytics firm Arkham Intelligence says will empty the country’s entire Bitcoin reserve before the end of September. Since the start of 2026, the Himalayan kingdom has now sold $230.39 million worth of Bitcoin, while it currently holds $252 million worth of the cryptocurrency. It is reportedly selling at an average pace of about $50 million per month, a pace that will clear its remaining stash in five months. Bhutan’s crypto reserve. Source: Arkham Intelligence. A sovereign seller in slow motion According to reports, Bhutan has been offloading BTC in measured tranches throughout the year, often routing coins through Singapore-based trading firm QCP Capital. In March alone, the government moved over $120 million in Bitcoin across multiple transactions, including a single 519.7 BTC transfer valued at $36.75 million. Its reserve peaked at 13,295 BTC in October 2024. Druk Holding and Investments is the state-owned investment arm that manages Bhutan’s digital assets, and it has not published any timelines for how it will offload its BTC holdings or if it has any intentions of emptying the treasury. Bhutan’s crypto reserve. Source: Arkham Intelligence. Bhutan routes investments into Gelephu Mindfulness City In December 2025, King Jigme Khesar Namgyel Wangchuck announced the allocation of up to 10,000 BTC (then worth approximately $1 billion) toward Gelephu Mindfulness City (GMC) , a special administrative and economic zone under development in southern Bhutan. The king stated that the commitment was “for our people, our youth, and our nation” during his National Day address. At the time, officials said deployment would be gradual and governed by “strict oversight, transparency, and prudence,” with options including using Bitcoin as collateral or deploying treasury yield strategies. As of today, May 12, GMC is now making moves to bring firms into the country, having launched an accelerated licensing pathway for firms that are already regulated in major financial centers, including Singapore, Abu Dhabi Global Market, and Hong Kong. The program brings together regulatory approval and banking, as companies that incorporate and receive a license in GMC are also granted a corporate account with DK Bank. DK Bank supports multi-currency accounts across nine currencies, digital asset services including BTC-backed lending, and integrated fiat-to-crypto on- and off-ramps, with banking fees fully waived for at least the first six months. GMC’s latest framework also comes with incentives such as 0% corporate tax for qualifying investments, no capital gains or dividend tax, foreign talent tax exemptions through 2030, and common law structures modeled on Singapore and ADGM principles. Mining slowed, costs doubled Bhutan began mining Bitcoin in 2019 using surplus hydroelectric power generated by its glacier-fed rivers. The operation was run through Druk Holding and Investments, and at its peak, helped the small nation of 750,000 accumulate one of the largest sovereign BTC positions in the world. However, the April 2024 block reward halving doubled the cost of producing each coin. Bhutan’s mining output experienced a significant drop when compared to 2023, a period when the country mined an estimated 8,200 BTC. The last on-chain deposit exceeding $100,000 into wallets in Bhutan occurred more than 12 months ago, raising questions about how active its mining operations are currently. Bhutan is not the only miner that has seen revenue drop while operational costs continue to rise. Publicly traded miners , the latest being DMG Blockchain Solutions, Bitdeer, and MARA Holdings, have all disclosed selling mined BTC to fund operations or pivots into AI infrastructure, according to recent quarterly filings. The economics that made hydro-powered mining profitable for Bhutan have changed, and it is no longer sustainable. The same economics have also pushed commercial miners to rethink their business models. Arkham projects that Bhutan would exhaust all its BTC holdings by the third quarter of 2026 if it sells all its current BTC holdings at $50 million per month. The country could exit the market with around $767 million in total on-chain profit if it sells all remaining holdings near the current BTC price of approximately $81,000. The smartest crypto minds already read our newsletter. Want in? Join them .
12 May 2026, 14:02
David Schwartz Makes Major Statement On XRP Price That Stuns XRP Army

David Schwartz has strong opinions about XRP, but he rarely shares them and has been criticized by the community for a lack of optimism about XRP. Previous comments, like his recent statement that suggests that major financial players don’t believe XRP can hit $10,000 in 10 years , have drawn even more criticism. The former Ripple CTO has addressed this directly. His post caught the attention of Abs Nassif, host of the Good Evening Crypto podcast, who brought the statement to his audience for discussion. FORMER RIPPLE CTO DAVID SCHWARTZ — “It's kind of sad that I don't feel comfortable sharing my optimism about $XRP (and even, to some extent, cryptocurrencies generally) because it could be perceived as self-serving or, worse, deliberate manipulation.” – @JoelKatz Is This Why… pic.twitter.com/4cDzOhIKeB — Good Evening Crypto (@AbsGEC) May 10, 2026 The Reason for a Lack of Optimism Schwartz was candid about his position. “It’s kind of sad that I don’t feel comfortable sharing my optimism about XRP,” he wrote, noting his discomfort extends to cryptocurrencies generally. His concern is that public optimism from someone in his position risks being read as self-serving or, at worst, deliberate manipulation . The statement is significant. Schwartz helped build XRP, and his technical involvement with Ripple and the XRP Ledger places him in a category few others occupy. His optimism, by his own admission, exists. He is choosing not to express it freely, citing the weight his words carry. The XRP Army Reacts Nassif posted the statement, asking his audience if this could be Schwartz’s reason for his public reservation about XRP. Reactions varied across the community, with several responses expressing support for Schwartz. One commenter urged him to speak freely, signaling that his community stands behind him. Some pushed back on the idea that his silence should concern anyone. One person argued that everyone’s financial situation is different, that opinions carry emotional weight for those deeply invested. He suggested that individuals should evaluate the information independently rather than look to Schwartz for direction. One response took a more skeptical view. The commenter noted that Schwartz does not usually communicate strong optimism publicly. This suggests that on that basis alone, XRP is unlikely to reach new highs. Another pointed out that Schwartz is simply being responsible. His words carry influence , and he knows it. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Weight of Influence Schwartz occupies an unusual position. He holds genuine technical authority over a project that millions of people have invested in financially and emotionally. One commenter agreed with his decision to stay quiet because he might get in trouble. Alongside Ripple, the SEC sued Ripple CEO Brad Garlinghouse and executive Chris Larsen . Schwartz may have landed in a similar position if he were a strong public advocate. His choice to stay measured reflects an awareness of his influence. Whether that restraint serves the community or frustrates it depends entirely on individual opinions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post David Schwartz Makes Major Statement On XRP Price That Stuns XRP Army appeared first on Times Tabloid .
12 May 2026, 14:00
Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar

BitcoinWorld Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar Gold prices are facing renewed selling pressure this week as hotter-than-expected US inflation data and a corresponding surge in Treasury yields have strengthened the US dollar, reducing the appeal of the non-yielding precious metal. The latest economic reports suggest that the Federal Reserve may need to maintain its restrictive monetary policy stance for longer than previously anticipated, a scenario that historically weighs on gold. Inflation Data Fuels Dollar Strength The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.4% month-over-month in January, exceeding the consensus estimate of 0.3%. On an annual basis, headline inflation came in at 3.1%, slightly above the 2.9% forecast. Core CPI, which excludes volatile food and energy prices, also surprised to the upside, rising 0.4% month-over-month and 3.9% year-over-year. These figures indicate that inflationary pressures remain stubbornly entrenched, complicating the Fed’s path toward rate cuts. Following the release, the yield on the benchmark 10-year US Treasury note jumped by approximately 10 basis points to 4.30%, while the US Dollar Index (DXY) climbed above 104.50, its highest level in over a month. Impact on Gold Prices Gold, which pays no interest, becomes less attractive when bond yields rise and the dollar appreciates. Spot gold (XAU/USD) fell by roughly 1.2% on the day of the CPI release, dipping below the key $2,000 per ounce psychological level. Analysts noted that the metal had been trading in a relatively tight range in recent weeks, awaiting a clear catalyst. The inflation data provided that catalyst, but in a direction unfavorable for gold bulls. The inverse correlation between gold and both real yields and the dollar remains a dominant driver of short-term price action. With the Fed now less likely to cut rates in the first half of 2024, the opportunity cost of holding gold has increased, prompting some investors to reduce their long positions. Market Expectations Shift According to the CME FedWatch Tool, the probability of a rate cut at the Fed’s March meeting has fallen to below 10%, down from nearly 50% a month ago. Even the likelihood of a cut in May has diminished, with traders now pricing in a higher chance that the first reduction may not occur until June or later. This hawkish repricing has provided a strong tailwind for the dollar and a headwind for gold. Geopolitical tensions, including ongoing conflicts in the Middle East and Eastern Europe, have offered some support for gold as a safe-haven asset. However, the macroeconomic headwinds from higher yields and a stronger dollar have so far outweighed these geopolitical risk premiums. Outlook and Key Levels to Watch Looking ahead, gold traders will closely monitor upcoming US economic data, including producer price index (PPI) figures and retail sales numbers, for further clues on the Fed’s policy trajectory. Additionally, speeches by Federal Reserve officials will be scrutinized for any shifts in tone regarding the timing of rate cuts. From a technical perspective, support for gold is seen around the $1,975 area, a level that held during a previous sell-off in mid-February. A break below that could open the door toward $1,950. On the upside, resistance is now established at $2,020, with a more significant barrier near the recent high of $2,045. Conclusion The combination of hotter-than-expected US inflation and rising Treasury yields has created a challenging environment for gold, pushing prices lower as the dollar strengthens. While geopolitical risks continue to provide a floor, the shifting expectations for Fed policy are likely to keep gold under pressure in the near term. Investors should remain attentive to incoming data and central bank commentary for further direction. FAQs Q1: Why does gold fall when the US dollar strengthens? Gold is priced in US dollars, so a stronger dollar makes gold more expensive for buyers using other currencies, reducing global demand. Additionally, a strong dollar often coincides with higher interest rates, which increase the opportunity cost of holding non-yielding assets like gold. Q2: How do Treasury yields affect gold prices? Rising Treasury yields, especially real yields (adjusted for inflation), increase the attractiveness of bonds as a safe-haven investment compared to gold, which offers no yield. Higher yields also signal tighter monetary policy, which can strengthen the dollar and further pressure gold. Q3: What is the outlook for gold if the Fed delays rate cuts? If the Fed maintains higher interest rates for longer, gold is likely to remain under pressure. However, persistent geopolitical instability and central bank gold purchases could provide support, limiting downside risks. A clear pivot toward rate cuts would likely be a major bullish catalyst for gold. This post Gold Under Pressure as Hotter US Inflation, Rising Treasury Yields Boost Dollar first appeared on BitcoinWorld .
12 May 2026, 13:41
Senate vote in 2 days: What 309-page CLARITY ACT draft bill reveals for BTC, crypto stocks, ETFs

More on Bitcoin USD, Grayscale Bitcoin Mini Trust ETF, etc. BTC Cleared $80K - The Options Market Is Not Celebrating Yet Whale's Insight: Will Strategy Sell Bitcoin? Q1 2026 Earnings Highlights Bitcoin: The United States' Freezing Of Iranian Assets Has Exposed The Safe Haven Argument Again Weekly crypto ETF inflows hit $857M: Clarity Act progress boosts BTC, ETH MSTR's answer to Q1 pressure: Strategy loaded 535 BTC just 5 days later
12 May 2026, 13:01
Casper Network Publishes the Casper Manifest, a Multi-Year Roadmap to Power Regulated Real-World Assets and the Machine Economy

ZUG, SWITZERLAND, May 12th, 2026, Chainwire Nine protocol initiatives that target EVM compatibility, gasless transactions, compliant security tokens, transaction privacy, AI agent micropayments, and quantum-safe cryptography The Casper Association today published the Casper Manifest, a multi-year technical roadmap designed to make Casper Network the infrastructure layer for regulated real-world asset tokenization and the emerging machine-to-machine economy. The Manifest was introduced by Casper Association President & CTO Michael Steuer at the Digital Finance Forum in Bermuda, before an audience of leaders from Web3, traditional finance, and institutional finance. Building on major protocol releases delivered since mid-2025, including Casper 2.0 with deterministic finality and a multi-VM execution layer, the Manifest sets out nine coordinated initiatives around one goal: making blockchain frictionless for users, trusted by institutions, and native for machines. The roadmap brings EVM compatibility to Casper’s WebAssembly foundation, advances gasless transactions and smart accounts for simpler user experiences, and expands the compliance, privacy, micropayment, native token, and quantum-safe infrastructure needed for real-world assets and autonomous systems to operate with greater predictability and less friction. Building the Infrastructure for Regulated Assets and Autonomous Systems The nine core initiatives outlined in the Casper Manifest are organized around the following areas: Access for every developer. The largest blockchain developer ecosystem builds on Ethereum tooling – Solidity, MetaMask, and thousands of audited smart contract libraries. Casper is adding full Ethereum Virtual Machine compatibility alongside its existing WebAssembly execution engines, so developers can bring their existing contracts, tools, and wallets to Casper without modification. A native token registry provides equal access to tokens from either side. One chain, two execution environments, zero fragmentation. Blockchain that’s frictionless for the user. Someone else pays your transaction fees. Multiple steps collapse into a single action. You sign in with your fingerprint instead of managing cryptographic keys. The Casper Manifest delivers gasless transactions, batch operations, and smart accounts that enable biometric authentication – so using a blockchain application feels like using any other app. Compliance and privacy as one system. Casper will be the first Layer 1 where regulatory compliance and transaction privacy are designed to work together. Compliant security tokens with on-chain identity verification, transfer restrictions, and jurisdictional controls – built in alignment with the ERC-3643 standard that already governs $28 billion in tokenized assets on chain. As a member of the ERC-3643 Association, Casper Association is helping to expand the standard. Alongside compliance, a multi-phase privacy roadmap delivers confidential transactions with fixed, predictable costs – and built-in tools for auditors and regulators to verify compliance without exposing transaction details to the public. Privacy and compliance as two sides of the same system, designed for the $16 trillion real-world asset tokenization market. Native infrastructure for the machine economy. AI agents need to pay for services programmatically – per API call, per data query, per computation – without subscriptions, invoices, or human intermediaries. As a member of the X402 Foundation, Casper is implementing the X402 open payment standard, enabling machines to pay each other over HTTP in stablecoins and other fungible tokens, expecting to become the first WebAssembly-native Layer 1 with production X402 support. The same smart accounts and gasless infrastructure built for human users give AI agents scoped spending permissions and autonomous operation out of the box, providing best-in-class controls and compliance for AI agents. Tokens as first-class citizens. User-created tokens on most blockchains are smart contracts that cost significantly more to operate than native currencies. Casper’s Native Token Registry elevates every token to protocol-level status with the same fixed, predictable costs as native transfers. One pricing model for all tokens. One infrastructure layer shared across WebAssembly, EVM and any other future execution environment on Casper Network. The backbone for everything from DeFi to compliant security tokens to private, confidential transfers. Quantum-safe from the start. No major smart contract platform has shipped post-quantum transaction signing. Casper will, with hybrid accounts that carry both classical and quantum-resistant keys during a transition period. For institutions evaluating blockchain platforms for decade-long deployments, the answer to “what happens when quantum computers arrive” will be production code, not a research paper. “Much of the industry is focused on either maximizing hype, or iterating on concepts that service the same existing, crypto-native use cases. Few are building the infrastructure that will onboard the next billion users, the next trillion dollars in tokenized assets, or the first billion machines,” said Michael Steuer, President and CTO of the Casper Association. “Executing the Casper Manifest means that developers can bring over their entire EVM stack. For users, blockchain should be invisible. One tap. Done. For institutions, Casper’s roadmap provides on-chain compliance, transaction privacy and quantum safety. And machines need payment rails that don’t require a human, while being bound to spending limits set by their owners on their smart accounts. That’s the future-proof infrastructure Casper is putting in place.” Timeline The nine initiatives do not ship all at once. The first, X402 micropayments, is expected to ship in the next few weeks. Later in 2026, Casper will ship EVM compatibility, networking hardening, and compliant security tokens. This will be followed by the Native Token Registry, Gasless transactions, batch operations, and smart accounts. Transaction privacy and quantum safety build on the earlier initiatives, through 2027. Formal protocol enhancement proposals for each initiative will be published. Explore a deep dive of the Casper Manifest here: https://casper.network/news/manifest About Casper Network Casper Network (CSPR) is a layer 1 Proof-of-Stake blockchain engineered for regulated real-world assets and the machine economy. With deterministic transaction finality, a multi-VM execution layer supporting both WebAssembly and soon EVM smart contracts, and fixed-cost operations enforced at the protocol level, Casper delivers the infrastructure for compliant asset tokenization, frictionless consumer experiences, and autonomous machine-to-machine commerce. The Casper Manifest – the network’s multi-year technical roadmap – advances nine coordinated protocol initiatives spanning developer access, user experience, institutional compliance, privacy, micropayments, and quantum safety. The Casper Association, a non-profit organization based in Zug, Switzerland, oversees protocol development and ecosystem growth. Learn more at https://casper.network . Full Casper Manifest: https://casper.network/news/manifest Media Contact: Casper Association [email protected] Contact Casper Association [email protected]
12 May 2026, 12:40
Bitcoin Price Reacts as U.S. Inflation Rises to Highest Level Since May 2023

It appears that rising fuel costs and international geopolitical tensions are catching up with global economies, and the US is no exception. The CPI numbers for April are out, indicating that inflation in the country has surged to 3.8%, the highest level since May 2023. Core CPI inflation also rose above the expected 2.7%, reaching 2.8%. Bitcoin’s price saw somewhat elevated volatility throughout the release, but the movement has so far been relatively negligible. At the time of this writing, BTC trades at slightly below $81K, down 0.5% for the day and mostly flat for the week. Source: TradingView It’s also worth noting that analysts at The Kobeissi Letter pointed out that the economy is currently experiencing inflation rates from the post-COVID era. Meanwhile, the ceasefire between the US and Iran is also hanging by a thread. US President Donald Trump said that it’s on “massive life support,” and called Teheran’s peace proposal “garbage.” The post Bitcoin Price Reacts as U.S. Inflation Rises to Highest Level Since May 2023 appeared first on CryptoPotato .



















































