‘Horrible Bill’: Yusko Says CLARITY Act Could Extend Crypto Bear Market

Morgan Creek Capital CEO Mark Yusko said the CLARITY Act is “a horrible bill” written by big banks to delay the transition to better money, warning that if it passes, the crypto bear market could extend longer than expected.

The CLARITY Problem

Yusko told the Paul Barron Network that the CLARITY Act and GENIUS Act were written to forestall the inevitable transition to a system where people can be their own bank. 

He pointed to Bank of America (NYSE:BAC) CEO Brian Moynihan saying the bank would “lose trillions of dollars of deposits” if people could earn yield elsewhere.

“They’ve said the quiet part out loud,” Yusko said. “If you don’t pay people for their capital and they…

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Russia’s Sberbank Ready To Enter Crypto Trading As Russia Moves Toward Regulation

Sberbank will provide access to crypto trading once regulation and organized exchange trading begin, Senior Vice President and Head of Wealth Management Ruslan Vesterovsky said at the Moscow Exchange forum, according to Russia’s TASS.

The Bank of Russia maintains a view of cryptocurrencies as a high-risk instrument under its policy framework.

In December 2025, the Bank of Russia published a concept for domestic cryptocurrency regulation that allows qualified and non-qualified investors to buy crypto assets. The concept defines digital currencies and stablecoins as currency assets permitted for sale and purchase, while domestic payments with them remain prohibited.

Under the…

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American Bitcoin ($ABTC) Activates 11,000 New Bitcoin Miners, Expanding Hashrate Capacity

Shares of American Bitcoin Corp. (ABTC) surged today after the company announced it had completed the energization of more than 11,000 new mining machines at its Drumheller facility, significantly expanding its operational capacity.

The company said it has brought approximately 11,298 additional ASIC miners online, adding about 3.05 exahashes per second (EH/s) to its active hashrate. The deployment marks the completion of a previously announced expansion plan and pushes American Bitcoin’s total operational fleet to roughly 25.0 EH/s across nearly 59,000 active machines.

Including inactive inventory, the firm now owns about 89,242 miners capable of producing up to 28.1 EH/s,…

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Ethereum To $250,000? Daredevil Thesis Says ETH Could Replace Bitcoin, Gold As Money

The $31 Trillion Math

Gold’s monetary premium sits at approximately $29.7 trillion. Bitcoin’s monetary premium is around $1.5 trillion. Together, they represent roughly $31.1 trillion held by people who want money outside government control.

ETH’s current market cap is approximately $280 billion—less than 1% of that combined premium. 

If Ethereum captured that premium distributed across roughly 121 million ETH in circulation, the implied price would be north of $250,000 per ETH. Today it trades around $2,300.

The Warren Buffett Problem

Warren Buffett identified gold’s fundamental limitation in his 2011 letter to Berkshire Hathaway shareholders: “If you own one ounce of gold for…

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SEC Weighs Onchain Trading Exemption: Could Tokenized Securities Go Mainstream? – BlackRock (NYSE:BLK)

“We are on the cusp of releasing what I call an ‘innovation exemption,'” Atkins said, “which will provide market participants with a cabined framework to begin facilitating the trading of tokenized securities on-chain in a compliant fashion as the Commission works toward long-term rules of the road.”

If that exemption materializes, stocks may no longer need traditional exchanges to trade. The implications stretch far beyond crypto.

What Are Tokenized Securities?

A tokenized security is a traditional financial asset — a stock, bond, or fund share represented as a digital token on a blockchain. The token carries the same legal ownership rights as its conventional counterpart, but it is…

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Dogecoin Up 5% In A Week: What Is Going On?

Dogecoin (CRYPTO: DOGE) has seen a 5% jump over the past week, with analysts pointing to a potential breakout in the near term.

Network Activity Spike

In a X post on Apr.22, Crypto chart analyst Ali Martinez noted Dogecoin has been consolidating in a tight range, but recent data suggests a potential breakout may be approaching.

A sharp spike in network activity on April 16, with nearly $800 million in transactions, indicates increased on-chain movement and possible repositioning by large market participants.

At the same time, whale accumulation has been significant, with over $330 million in DOGE purchased over the past week. This kind of buying during consolidation is often interpreted as…

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Strategy (MSTR) Surges Over 25% In 5 Days As Bitcoin Pumps

Shares of Strategy posted over 25% in gains during the last five trading days, driven by a record-breaking Bitcoin acquisition and a surge in bitcoin’s price above $78,000. The move underscored the company’s leverage to Bitcoin price movements and its continued reliance on preferred stock issuance to fund treasury expansion.​

Strategy’s stock opened April from a closing low near $119 on April 2, then ground higher throughout the month as Bitcoin prices recovered. By April 17, shares closed at $166.52 — a gain of more than 40% from that early-month trough.. On April 17 alone, shares surged 11.8% in a single session on volume that far exceeded the daily average.

Bitcoin… Read more on BitcoinMagazine

Russia Advances Sweeping Crypto Regulation Bill, Legalizes Cross-Border Payments And Tightens Market Controls

Russia’s lower house of parliament, the State Duma, has advanced a sweeping bill to regulate digital currencies, marking a major step toward formal oversight of the country’s crypto market.

Lawmakers approved the draft legislation in its first reading with 327 of 340 deputies voting in favor. The bill, titled “On Digital Currency and Digital Rights,” was introduced by the Russian government and sets out a comprehensive framework governing how cryptocurrencies can be issued, traded, and stored.

If adopted, the law will take effect on July 1, 2026, though some provisions carry later implementation dates.

The proposal defines key legal concepts, including the…

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‘Bitcoin Shows Incredible Potential’: Top US Commander Warns It Could Decide The China Rivalry

The Power Projection Tool

Paparo testified before Congress on April 21 in response to Senator Tommy Tuberville (R-AR), who asked how leadership in Bitcoin might affect U.S. leverage, resilience, and deterrence in competition with China.

“Our research into Bitcoin is as a computer science tool,” Paparo said. 

“It’s the combination of cryptography, a blockchain, and a proof of work. And Bitcoin shows incredible potential as a computer science tool,” he added.

Moreover, Paparo said Bitcoin’s proof-of-work system can impose real-world costs beyond traditional network security measures. 

Beyond The Economic Use Case

The admiral emphasized applications “outside of the economic…

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Total Value Locked Is A Lie; Now Decentralization Is A Lie Too?

Total Value Locked Is A Lie; Now Decentralization Is A Lie Too? – Benzinga

This brings us to the broader ethical and structural crisis in DeFi. We have built a system that is too complex to be allowed to fail. Because it is too complex to fail, it cannot be truly decentralized.

image credit: Author

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