Invest ideasNews
13 May 2026, 13:15
$1,000 invested in Bitcoin when Trump won the election is now worth this much
Between the stance of the Securities and Exchange Commission (SEC) during President Biden’s term and President Donald Trump’s campaign promises, it is not difficult to see why many investors chose to turn bullish on Bitcoin ( BTC ) and other cryptocurrencies in November 2024. Still, despite the optimism and a significant rally that followed the presidential race, the Republican billionaire’s second term has not been the flawless triumph for digital assets that many expected it to be. Indeed, on November 4, election day, Bitcoin was changing hands at $67,811 while, at press time, the world’s premier cryptocurrency is at $80,509. Thus, a $1,000 investment made to celebrate the victory would, after a total 18.73% change, be worth $1,187. Simultaneously, while trading in November 2024 would not have, by press time on May 13, 2026, yielded stellar returns, making a purchase during Donald Trump’s inauguration would have fared even worse. Specifically, on January 20, 2025, Bitcoin was at $102,016, meaning it had fallen 21.08%, ensuring the hypothetical $1,000 investment would have turned to $789.18. Bitcoin price 5-year chart. Source: Google Here’s how top cryptocurrencies performed after President Trump’s election win Other major cryptocurrencies tell a similar story to BTC. For example, Ethereum ( ETH ) was, on election day, at $2,397 and, at press time, it is at $2,283. Therefore, a $1,000 purchase would have become $952.44. Solana ( SOL ) – one of the early movers in the bull market started in late 2023 – was at $157.75 when President Donald Trump won for the second time and is at $92.98 on May 13, 2026. Thus, buying $1,000 worth of SOL on the day would have led to $410.59 in losses and turned into $589.41. Lastly, XRP , arguably the biggest winner of the Republican victory among digital assets, was trading at approximately $0.50 on November 4, 2024. At press time, the token is at $1.43, meaning that a $1,000 investment would have become $2, 860for a total 186% gain. XRP price 5-year chart. Source: Google S&P500 outperforms Bitcoin despite October BTC all-time high Elsewhere, the volatility of digital assets ensures that merely examining two or three dates does not reveal the entire story. Indeed, while Bitcoin lost much of its value in the last six months, it notably achieved a new all-time high (ATH) above $125,000. Thus, a $1,000 made in November of the latest election year did, at a point in time in October 2025, yield a return greater than 85% as it turned into more than $1,845. Still, the volatility argument serves as something of a double-edged sword in 2026. Examining the 5-year performance of Bitcoin and the benchmark S&P500 stock market index reveals that the former is up 72.30% and the latter 77.32%. S&P500 price 5-year chart. Source: Google Therefore, an investor could have achieved better results by holding one of the most conservative and low-risk assets available than by hodling BTC. Featured image via Shutterstock The post $1,000 invested in Bitcoin when Trump won the election is now worth this much appeared first on Finbold .
13 May 2026, 12:35
Hoskinson: Developer Protections Essential in US Crypto Bill
BitcoinWorld Hoskinson: Developer Protections Essential in US Crypto Bill Charles Hoskinson, the founder of the Cardano blockchain network, has publicly urged U.S. lawmakers to preserve a critical provision in the proposed CLARITY Act that shields open-source software developers from legal liability for how their code is used by others. His comments come as the bill, which aims to establish a comprehensive regulatory framework for digital assets, moves through congressional committee discussions. The Core Dispute Over Section 604 At the heart of Hoskinson’s argument is Section 604 of the CLARITY Act, a clause specifically designed to protect developers of open-source protocols, decentralized applications, and blockchain infrastructure. The provision would prevent developers from being held criminally or civilly liable for actions taken by third parties who use their software for illicit purposes, such as money laundering or sanctions evasion, without the developer’s knowledge or consent. Hoskinson described recent calls from some policymakers to remove Section 604 as “nonsensical,” arguing that such a move would set a dangerous precedent. He compared holding a developer responsible for a user’s crime to charging an author with murder because a reader was inspired by a book to commit a violent act. The analogy underscores a fundamental tension in crypto regulation: how to hold bad actors accountable without stifling innovation and punishing the creators of neutral technology. Why This Matters for the Crypto Industry The CLARITY Act, formally titled the “Cryptocurrency Legal Clarity and Investor Protection Act,” represents one of the most significant attempts by the U.S. Congress to create a federal framework for digital assets. The bill seeks to define which digital assets are securities, commodities, or currencies, and to assign regulatory oversight to the SEC and CFTC accordingly. Without Section 604, legal experts warn that the U.S. could see a mass exodus of blockchain developers to jurisdictions with clearer liability protections, such as Switzerland, Singapore, or the European Union under its Markets in Crypto-Assets (MiCA) framework. Hoskinson’s intervention highlights a broader industry consensus that developer protections are not a loophole for criminals but a necessary foundation for technological progress. Industry and Market Implications The debate over Section 604 is being closely watched by investors and developers alike. Cardano (ADA), which operates as a proof-of-stake blockchain, relies heavily on its open-source developer community for upgrades and ecosystem growth. A regulatory environment that exposes these developers to legal risk could slow down innovation not just for Cardano, but for the entire decentralized finance (DeFi) sector. Hoskinson’s statement adds a prominent voice to a growing chorus of industry leaders, including representatives from the Blockchain Association and Coin Center, who have submitted testimony to Congress advocating for clear safe harbors. The outcome of this legislative battle could determine whether the United States remains a competitive hub for blockchain development or cedes leadership to more accommodating jurisdictions. Conclusion As the CLARITY Act advances through the legislative process, the fate of Section 604 remains uncertain. Charles Hoskinson’s forceful defense of developer protections underscores a pivotal choice for lawmakers: either craft rules that encourage responsible innovation or risk pushing one of the most dynamic technology sectors offshore. The coming weeks of debate will reveal whether Congress heeds the industry’s warnings or prioritizes a more punitive approach. FAQs Q1: What is the CLARITY Act? The CLARITY Act is a proposed U.S. federal law that aims to provide a comprehensive regulatory framework for cryptocurrencies, defining which digital assets fall under SEC or CFTC jurisdiction and establishing rules for exchanges, stablecoins, and developers. Q2: Why is Section 604 controversial? Section 604 would protect open-source software developers from being held liable for how third parties use their code. Critics argue it could create a safe harbor for illicit activity, while supporters say it is essential to prevent legal uncertainty from stifling blockchain innovation. Q3: How does this affect Cardano and its founder? Charles Hoskinson, as Cardano’s founder, has a direct interest in ensuring that U.S. law does not penalize the developers building on his platform. His public stance aims to influence the legislative outcome to protect the broader open-source developer community. This post Hoskinson: Developer Protections Essential in US Crypto Bill first appeared on BitcoinWorld .
13 May 2026, 11:45
Aave Founder Urges Senate Approval of CLARITY Act, Calling It a Tailwind for DeFi
BitcoinWorld Aave Founder Urges Senate Approval of CLARITY Act, Calling It a Tailwind for DeFi Stani Kulechov, the founder of the decentralized lending protocol Aave (AAVE), has publicly called on U.S. lawmakers to pass the CLARITY Act ahead of an upcoming vote in the Senate Banking Committee. In a statement shared on X, Kulechov described the bill as a potential turning point for decentralized finance, arguing it would provide critical legal protections for developers building DeFi protocols in the United States. What the CLARITY Act Proposes The CLARITY Act is a regulatory framework aimed at distinguishing decentralized finance platforms from traditional centralized financial services. According to Kulechov, the bill would ensure that developers of non-custodial, open-source protocols are not subjected to the same compliance obligations designed for banks or centralized exchanges. He emphasized that imposing centralized-model rules on decentralized software developers would stifle innovation and drive talent overseas. Why This Matters for DeFi Kulechov argued that for the United States to maintain leadership in blockchain-based finance, it must create a legal environment where developers can operate with confidence. He noted that other countries often look to U.S. regulatory direction when shaping their own policies, meaning passage of the CLARITY Act could have global ripple effects. The founder also suggested that the legislation could serve as a catalyst for DeFi similar to what the GENIUS Act provided for the stablecoin sector, offering clarity that attracts capital and talent. Market and Industry Context The push for regulatory clarity comes as DeFi protocols face increasing scrutiny from agencies like the SEC and CFTC. Many developers have cited legal uncertainty as a barrier to launching or expanding projects in the U.S. Kulechov’s public endorsement signals that major protocol founders view the CLARITY Act as a meaningful step toward establishing the U.S. as a hub for decentralized innovation. While the bill’s exact language and amendments are still under review, its progress through the Senate Banking Committee will be closely watched by the broader crypto industry. Conclusion The CLARITY Act represents one of the most significant legislative efforts to define the legal boundaries for DeFi development in the United States. With Aave’s founder adding his voice to the debate, the pressure on lawmakers to act is mounting. Whether the bill passes or stalls, its outcome will likely influence how DeFi protocols are built and regulated for years to come. FAQs Q1: What is the CLARITY Act? The CLARITY Act is a proposed U.S. bill that aims to provide legal clarity for decentralized finance (DeFi) protocols, distinguishing them from centralized financial services and protecting developers from certain regulatory obligations. Q2: Why is Stani Kulechov supporting this bill? Kulechov believes the CLARITY Act would give DeFi developers the confidence to build in the U.S. without fear of being subjected to rules designed for centralized financial intermediaries, potentially boosting American leadership in the sector. Q3: How could the CLARITY Act affect the DeFi market? If passed, the bill could reduce legal uncertainty for DeFi projects, encourage more development in the U.S., and set a precedent that other countries might follow, similar to the effect the GENIUS Act had on stablecoin regulation. This post Aave Founder Urges Senate Approval of CLARITY Act, Calling It a Tailwind for DeFi first appeared on BitcoinWorld .
13 May 2026, 11:30
Swiss Franc Holds Below 0.7800 as US Yields Rise, Risk Appetite Fades
BitcoinWorld Swiss Franc Holds Below 0.7800 as US Yields Rise, Risk Appetite Fades The Swiss Franc is trading in a narrow range below the 0.7800 level against the US Dollar on Wednesday, as a combination of rising US Treasury yields and a broad risk-off mood across global markets provides support for the greenback. The USD/CHF pair remains under pressure near 0.7760, reflecting ongoing investor caution. Higher US Yields Bolster Dollar Demand The yield on the benchmark 10-year US Treasury note has climbed to its highest level in several weeks, driven by expectations that the Federal Reserve may maintain its restrictive monetary policy stance for longer than previously anticipated. Stronger-than-expected US economic data, particularly in the services sector, has reinforced the view that the Fed has room to keep interest rates elevated. Higher yields increase the opportunity cost of holding non-yielding assets like the Swiss Franc, making the dollar more attractive to yield-seeking investors. Risk-Off Sentiment Weighs on CHF Despite the Swiss Franc’s traditional status as a safe-haven currency, the current risk-off environment is paradoxically limiting its upside. The negative correlation between risk appetite and the dollar is at play: when investors flee risk assets, they often buy the dollar for its liquidity, not necessarily the Franc. Escalating geopolitical tensions and renewed concerns about global economic growth have fueled demand for the greenback, capping the Franc’s gains. The Swiss National Bank’s (SNB) recent comments about being willing to intervene in currency markets to prevent excessive Franc strength have also kept the pair anchored. What This Means for Traders For traders, the 0.7800 level remains a key psychological resistance. A sustained break above this level would signal a shift in momentum, potentially opening the door for a move toward 0.7850. On the downside, support is seen at 0.7730, followed by the recent low near 0.7700. The immediate catalyst for the next directional move will likely be upcoming US inflation data and any fresh developments in global trade or geopolitical news. Conclusion The Swiss Franc’s inability to break above 0.7800 underscores the dominant influence of US yield dynamics and global risk sentiment. While the Franc retains its safe-haven appeal, the dollar’s strength—fueled by higher yields and risk-off flows—is proving a formidable barrier. Market participants will be watching for any SNB verbal intervention or shifts in Fed policy expectations to determine the next leg for USD/CHF. FAQs Q1: Why is the Swiss Franc not rallying despite risk-off sentiment? In risk-off periods, the US Dollar often benefits from its status as the world’s primary reserve currency and its deep liquidity, which can overshadow the Swiss Franc’s safe-haven appeal. Additionally, expectations of SNB intervention cap Franc gains. Q2: What is the key level to watch in USD/CHF? The 0.7800 level is the immediate resistance. A break above it would be bullish for the pair. On the downside, 0.7730 and 0.7700 are key support levels. Q3: How do US Treasury yields affect the Swiss Franc? Higher US yields increase the attractiveness of dollar-denominated assets, drawing capital away from the Franc and putting downward pressure on the currency pair (USD/CHF rises). Conversely, falling yields tend to weaken the dollar. This post Swiss Franc Holds Below 0.7800 as US Yields Rise, Risk Appetite Fades first appeared on BitcoinWorld .
13 May 2026, 11:14
Bitcoin holds below $81,000 with Trump-Xi talks on the horizon
Bitcoin held steady before President Donald Trump's with his Chinese counterpart, Xi Jinping.
13 May 2026, 11:03
SharpLink’s Ethereum Bet Just Generated a $686 Million Loss: Is the Galaxy Deal News a Lifeline or a Vote of Confidence?
SharpLink posted a Q1 2026 net loss of nearly $686 million, driven almost entirely by $507 million in unrealized losses from its Ethereum treasury, a figure that dwarfs the firm’s less than $1 million loss in the same period last year. Bearish news for ETH treasuries. The trigger was a 45% peak-to-trough ETH drawdown that turned the company’s aggressive accumulation strategy into a paper catastrophe under GAAP fair-value accounting rules. The same earnings release announced a $125 million on-chain yield fund with Galaxy Digital, which some analysts are reading as a lifeline in disguise. SBET Stock / Source: Tradingview The tension at the center of this story is real: does the Galaxy deal signal institutional confidence in ETH staking infrastructure, or does it signal that SharpLink needed a structural backstop to stay credible? Those are not the same thing. How a 45% ETH Drawdown Produced a $686M Loss, and Why the Math Works That Way The mechanism here is worth understanding precisely, because it is not a trading loss or an operational failure in the traditional sense. SharpLink holds approximately 872,984 ETH valued at roughly $2.1 billion at current prices. GAAP fair-value accounting requires the firm to mark those holdings to market at each reporting date, which means a price decline flows directly into the income statement as an unrealized loss – no ETH sold, no cash out the door. ETH fell from approximately $3,354 on January 15, 2026, to $2,104 by March 31 – a drop of roughly 37% over the quarter alone, contributing the bulk of that $507 million unrealized hit. Across the broader peak-to-trough cycle, the 45% ETH drawdown compressed the dollar value of SharpLink’s entire treasury position with mechanical precision. The larger the ETH stack, the larger the paper loss on the way down. SharpLink Revenue / Source: Finsee The staking revenue side did not come close to offsetting this. Q1 2026 revenues jumped to more than $12 million from under $1 million a year earlier, a genuine operational improvement powered by the firm’s staked Ethereum treasury. SharpLink has accumulated 18,800 ETH in staking rewards since launching its treasury strategy in June 2025, running a mix of 66% native staking, 33% liquid staking, and 1% restaking. That is a functioning yield engine. It is just not a $507 million yield engine. The distinction that matters analytically: this is not a validator economics failure, nor a leverage blowup. It is a concentration risk event, amplified by accounting standards that require mark-to-market recognition of assets that have not been liquidated. SharpLink ended Q1 with $16.9 million in cash and 872,984 ETH still on its books. The loss is real on paper. The ETH is still there. That said, the accounting and liquidity risks in institutional Ethereum staking operations are not theoretical. A 45% drawdown does not just create paper losses; it compresses the equity cushion that supports the entire treasury model and raises legitimate questions about what a further leg down would look like on the balance sheet. Ethereum News: The Galaxy Digital Fund Is a Signal, But Not Necessarily the One Being Advertised The $125 million on-chain yield fund announced alongside the Q1 results is structured as follows: $100 million comes from SharpLink’s staked ETH treasury, and $25 million from Galaxy Digital. Galaxy is responsible for protocol selection, exposure sizing, and ongoing monitoring of all on-chain deployments. SharpLink brings the capital. Galaxy brings the operational oversight. Galaxy Digital CEO Mike Novogratz framed the deal in sector terms: “Institutional capital is moving on-chain, and the infrastructure to support it has matured to a point where allocators can access yield, liquidity, and risk management with the same rigor they expect in traditional markets.” Proud to partner with @Sharplink and @joechalom on the Galaxy Sharplink Onchain Yield Fund, putting one of the most significant ETH treasuries among public companies to work. Institutional capital is moving onchain, and the infrastructure is finally there to meet it. https://t.co/Jw4r3ggMrk — Mike Novogratz (@novogratz) May 11, 2026 That is a bullish read on institutional crypto broadly, and Galaxy’s own stock performance supports the narrative. GLXY shares are up 43% in the last month, recently trading at $30.92. SharpLink CEO Joseph Chalom described the strategic direction as moving “beyond foundational staking into a broader set of on-chain opportunities,” emphasizing a “comprehensive risk-management framework” designed to deliver shareholder value across market cycles. The language is disciplined. The timing raises a question worth naming: a firm reporting a $686 million quarterly loss is not negotiating from a position of strength. The conflict of interest embedded in this structure is also worth naming. Galaxy is both a financial contributor to the fund and the entity managing its on-chain deployment decisions. That does not make the partnership wrong. It does mean the assumption that Galaxy’s protocol selection is purely independent of its own positioning deserves scrutiny from investors and analysts watching this sector. Ethereum (ETH) 24h 7d 30d 1y All time If ETH price recovers meaningfully through Q2 and Q3, the fund launch will look like a well-timed DeFi pivot that turned a paper-loss narrative into a yield-diversification story. If ETH continues to grind lower, the $100 million deployed from SharpLink’s treasury into on-chain protocols will be exposed to additional mark-to-market pressure on top of the core holdings. The asymmetry runs in both directions. The post SharpLink’s Ethereum Bet Just Generated a $686 Million Loss: Is the Galaxy Deal News a Lifeline or a Vote of Confidence? appeared first on Cryptonews .
