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Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?Everything Can Be HuobaoThe Big Short investor Michael Burry has warned that the US stock market is on the verge of a major

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The Big Short investor Michael Burry has warned that the US stock market is on the verge of a major crash, and the reason for the plunge will be driven by AI. He stressed that the long-running rally is going to end, and the signs of a decline are already showing.Michael Burry explained that the US stock market is no longer moving up or down due to consumer reports, jobs data, and inflation, but rather due to AI. “Absolutely non-stop AI. Nobody is talking about anything else all day,” he wrote after listening to a financial radio coverage on a long drive.“Stocks are not up or down because of jobs or consumer sentiment. They are going straight up because they have been going straight up. On a two-letter thesis that everyone thinks they understand (AI). Feeling like the last months of the 1999-2000 bubble,” he wrote. The blind focus on only AI while ignoring key economic warnings will be the downfall of the US stock market.Also Read: Will Micron Stock Go Down After Its 700% Surge? Insiders SellUS Stock Market: AI Will Hit a Nail in the Coffin, Warns Michael BurrySource: The StreetMichael Burry calls the Nasdaq 100 will see a complete reversal with a harsh correction ahead. He stressed that the US stock market has jumped the shark and present-day investors will soon experience losses. “With what is happening in the market the last week, that I had lived this before suddenly dawned on me. The NASDAQ 100, complete reversal. I am calling something. The market has jumped the shark,” he said.The millionaire also stressed that his predictions on the US stock market had been right most of the time. “Still, I got it right in 2000, got it right in 2007. Got it right in 2019, helped by COVID, and I called the meme stock crash in mid 2021. I called the bank stock run in 2023,” Michael Burry summed it up.

The Big Short investor Michael Burry has warned th

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Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?HTX Creation Challenge — Post and Win 1,500U 💥 UAE government approves crypto for fee payments, taps Crypto.com as first li

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UAE government approves crypto for fee payments, taps Crypto.com as first licensed platformThe United Arab Emirates just made crypto useful for something most people actually have to do: pay the government. The Central Bank of the UAE has approved cryptocurrency as an accepted method for government fee payments, making the Gulf state one of the first nations to formally bridge digital assets and public sector transactions.

Crypto.com secured the distinction of being the first virtual asset service provider licensed to facilitate these payments in Dubai. The platform will handle the conversion layer, turning crypto into UAE dirhams before the funds reach government coffers. In English: you pay in Bitcoin or other supported tokens, the government receives dirhams, and nobody has to argue about volatility.

How the payment mechanism works

The structure is designed to insulate the government from the price swings that make treasurers lose sleep. When a resident initiates a fee payment through Crypto.com, the platform converts the digital asset into dirhams via an official mechanism before settlement. The government never touches crypto directly.

One notable wrinkle in the broader regulatory picture: Dubai enacted a ban on privacy tokens on January 12, 2026. So while the doors are opening wider for mainstream digital assets, anonymity-focused coins like Monero remain firmly on the outside looking in.





UAE government approves crypto for fee payments, t

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$110K Spring Airdrop Rain—18 Days Straight!Everything Can Be HuobaoDon't Miss It: 1,000 USDT Creator Pool Is Open! CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings l

$110K Spring Airdrop Rain—18 Days Straight!

CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings lossCleanSpark (CLSK) stock fell over 9.4% in pre-market trading on Tuesday after the U.S. bitcoin mining company reported a widening net loss of $378.3 million for its second fiscal quarter, hit by a significant non-cash adjustment to its digital asset holdings.

The company reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year. The loss of $1.52 per share was more than triple the analyst estimate on EPS of a 41 cents' loss.

The firm’s bottom-hit was mainly driven by a $224.1 million non-cash bitcoin fair value loss, reflecting market volatility.

Quarterly revenue reached $136.4 million, down 25% from $181.7 million year-over-year, the report revealed, missing estimates of $154.3 million.

CleanSpark stock slides 9% as quarterly earnings m

As the highly anticipated markup of the crypto market structure bill approaches, the White House’s top crypto advisor has slammed the banking industry’s CEOs amid efforts to reopen the stablecoin rewa

As the highly anticipated markup of the crypto market structure bill approaches, the White House’s top crypto advisor has slammed the banking industry’s CEOs amid efforts to reopen the stablecoin rewards debate.

ABA CEO Urges Banks To Block Stablecoin Rewards
On Sunday, the American Bankers Association (ABA)’s CEO, Rob Nichols, sent a letter urging bank executives to push lawmakers to revisit the language on the crypto market structure bill, known as the CLARITY Act, ahead of its Thursday markup.

Nichols affirmed that he was “reaching out to make every bank leader in this country aware of an urgent advocacy fight that requires your immediate engagement,” adding that he wants Congress to establish digital asset rules and responsible guardrails for the crypto industry.


Nichols letter to bank executives. Source: Brendan Pedersen on X
However, he considers that the latest version of the bill “still does not adequately prevent crypto companies from offering interest-like rewards on payment stablecoins,” which would “unnecessarily incentivize the flight of bank deposits into payment stablecoins, putting both economic growth and financial stability at risk.”

“We believe the committee members may not be fully aware of the risks to the economy posed by the stablecoin loophole. Your immediate engagement can make a difference,” Nichols’ letter read.

For context, the latest version of the CLARITY Act prohibits any activity “economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit” on payment stablecoins.

Nonetheless, the text allows for payment of rewards tied to bona fide activities, including staking, transaction activity, or liquidity provision, aiming to promote a “buy and user” approach.

Last Friday, US banking trade groups, including ABA, sent a letter asking s

As the highly anticipated markup of the crypto mar

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the highly anticipated markup of the crypto market structure bill approaches, the White House's t

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As the highly anticipated markup of the crypto market structure bill approaches, the White House's top crypto advisor has slammed the banking industry's CEOs amid efforts to reopen the stablecoin rewards debate. Related Reading: Trump Media's Crypto Bet Implodes With Massive $406M Quarterly LossABA CEO Urges Banks To Block Stablecoin RewardsOn Sunday, the American Bankers Association (ABA)'s CEO, Rob Nichols, sent a letter urging bank executives to push lawmakers to revisit the language on the crypto market structure bill, known as the CLARITY Act, ahead of its Thursday markup. Nichols affirmed that he was " reaching out to make every bank leader in this country aware of an urgent advocacy fight that requires your immediate engagement," adding that he wants Congress to establish digital asset rules and responsible guardrails for the crypto industry.Nichols letter to bank executives.
Source: Brendan Pedersen on XHowever, he considers that the latest version of the bill
"still does not adequately prevent crypto companies from offering interest-like rewards on payment stablecoins," which would "unnecessarily incentivize the flight of bank deposits into payment stablecoins, putting both economic growth and financial stability at risk." "We believe the committee members may not be fully aware of the risks to the economy posed by the stablecoin loophole. Your immediate engagement can make a difference," Nichols' letter read.For context, the latest version of the CLARITY Act prohibits any activity "economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit" on payment stablecoins.
Nonetheless, the text allows for payment of rewards tied to bona fide activities, including staking, transaction activity, or liquidity provisi

Trusted Editorial content, reviewed by leading ind

Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down?Everything Can Be HuobaoThe crypto market saw some positive price action over the last few weeks, with Bitcoin (BTC) reclai

The crypto market saw some positive price action over the last few weeks, with Bitcoin (BTC) reclaiming the $82,000 price level. However, the market is still fragile and prone to volatility. There is still high risk in the market and things could get rocky in the coming days. Let’s look at some key events that could bring turbulence to your crypto investments.3 Events That Could Shake Your Crypto InvestmentsA man walks past a cryptocurrency exchange store after Bitcoin soars above $100,000 – Source: ReutersFirstly, we have the CLARITY Act which is up for vote on the Senate Banking Committee this Thursday, May 14, 2026. The CLARITY Act has seen its fair share of ups and downs, with several groups asking for language change over the months. A number of Senators asked for new language on ethics, with regards to people in power and their influence on cryptocurrency markets. Then we saw banking groups asking for prohibition on stablecoin yields. Whichever way the vote goes, the CLARITY Act could shake up the market after Thursday’s vote.Another factor that could lead to increased volatility in the cryptocurrency market is a potential re-escalation in the US-Iran conflict. President Trump has rejected Iran’s ceasefire terms, and the move could lead to further military strikes in the coming days. Things are quite unclear, and such developments often lead to the cryptocurrency market taking a hit.The third factor that could shake up your crypto investments is the upcoming meeting between President Trump and President Xi of China. Trump is taking a massive entourage of industry giants for the highly anticipated meeting, including Elon Musk, Larry Fink, Tim Cook, etc. The outcome of the meetings could have an impact on financial markets. A positive outcome could lead to a market rally, or other wise.Also Read: US Stock Market Without AI Is Not That Impressive: Here’s Why

The crypto market saw some positive price action o

Bear market panic? nah we don’t do that here Huobao Squad just pulled up: 🔹 Charge Bao: sees candle, already in. 🔹 Contracts Bao: still farming like it’s Sunday 🔹 Wealth Bao: “boring” until you check 

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HTX Creation Challenge — Post and Win 1,500U 💥Don't Miss It: 1,000 USDT Creator Pool Is Open!BTC Shakes at $80K—Up or Down? Почему упал биткоин? На фоне напряженности в Иране и опасений по поводу нефт

Почему упал биткоин? На фоне напряженности в Иране и опасений по поводу нефтяного кризиса рыночная капитализация криптовалют сократилась на 23 миллиарда долларов. Вырастет ли сегодня цена биткоина?

Криптовалютный рынок получил очередной удар, но на этот раз давление исходит не от самого блокчейна. Вместо этого оно связано с геополитикой, нефтяным кризисом, ослаблением институциональных инвестиций и опасениями, что мировые рынки вступают в очередную нестабильную фазу. Цена биткоина сегодня упала почти до 81 000 долларов, а общая рыночная капитализация криптовалют снизилась почти до 2,67 триллиона долларов. Трейдеры, ищущие ответы на вопросы «Почему упал биткоин?» и «Вырастет ли сегодня цена биткоина?», наблюдают ключевую реальность: криптовалюты ведут себя скорее как глобальный рисковый актив, чем как актив-убежище.

Не сумев пробить ключевые уровни сопротивления, биткоин остается в ловушке сужающегося восходящего канала. На данном этапе президент США Трамп, как сообщается, отклонил мирное предложение Ирана, что усилило опасения по поводу нестабильности на Ближнем Востоке и в Ормузском проливе, что еще больше снизило оптимизм рынка. Инвесторы внезапно перешли от рискованных действий к осторожности.

Общий спад на рынке криптовалют отражает не просто обычную рыночную коррекцию; он отражает более глубокие фундаментальные проблемы. Объемы торгов сокращаются, и паника незаметно возвращается. Эта ситуация имеет решающее значение, поскольку ралли криптовалют часто становятся неустойчивыми, как только снижается участие рынка. Даже традиционные рынки демонстрируют нерешительность; несмотря на оптимистичные экономические перспективы в начале месяца, индекс S&P 500 в итоге закрылся практически без изменений.

Для многих инвесторов наибольшую обеспокоенность вызывает психологический аспект. Хотя биткоин не рухнул, он не восстановил свой восходящий 

Почему упал биткоин? На фоне напряженности в Иране

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Don't Miss It: 1,000 USDT Creator Pool Is Open!HTX Creation Challenge — Post and Win 1,500U 💥BTC Shakes at $80K—Up or Down? AUDJPY showed a minor pullback after a massive sell-off. It reached a low of

AUDJPY showed a minor pullback after a massive sell-off. It reached a low of 112.91 and is currently trading close to 113.32. Technicals: CMP - 113.75; Trend 1-Hour chart; Value 55; EMA 113.67; CMP > value; Bullish 200 - EMA 113.47; CMP > value; Bullish 365 - EMA 113.38; CMP > value; Bullish. Major support: 113.40/112.80/112/111.80/110. Major resistance: 113.50/114.40/115/116.25. Momentum indicator: Inference Value; CCI (50); Bullish 23.31; A DX; Neutral. It is good to buy on dips around 113.48-50 with SL around 112.80 for a TP of 115. Gold is meant to be a 'safe haven' in uncertain times. Why is it crashing amid a war? Wall Street Slides as Iran War Uncertainty, Oil Surge, and Al Fears Rattle Markets SpaceX IPO Filing Expected

AUDJPY showed a minor pullback after a massive sel

Hong Kong to start issuing stablecoin licenses, with Ant Group and JD.com already in line Hong Kong to start issuing first stablecoin licenses within months, with companies like Ant Group and JD.com already in line. In a recent interview with China Daily, Hong Kong Financial Secretary Paul Chan Mo-po revealed that regulators have received “a number of applications” from entities seeking to become licensed stablecoin issuers in the city, with the first licenses expected to be granted in the coming months. Speaking on June 20, Chan explained that the government is taking a step-by-step approach—starting with establishing a regulatory foundation and initially focusing on fiat-pegged tokens. “The stablecoin, particularly when it is referenced to fiat currencies, (has) many user case scenarios,” Chan said. Looking ahead, Chan said the next phase could include stablecoins that are “real and integrated .

Hong Kong to start issuing stablecoin licenses, with Ant Group and&nbsp;JD.com&nbsp;already in line<br /><br />Hong Kong to start issuing first stablecoin licenses within months, with companies like Ant Group and JD.com already in line.<br />In a recent interview with China Daily, Hong Kong Financial Secretary Paul Chan Mo-po revealed that regulators have received “a number of applications” from entities seeking to become licensed stablecoin issuers in the city, with the first licenses expected to be granted in the coming months.<br />Speaking on June 20, Chan explained that the government is taking a step-by-step approach—starting with establishing a regulatory foundation and initially focusing on fiat-pegged tokens.<br />“The stablecoin, particularly when it is referenced to fiat currencies, (has) many user case scenarios,” Chan said.<br />Looking ahead, Chan said the next phase could include stablecoins that are “real and integrated .<div style="overflow: hidden; border-radius: 16px;"><img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-08/dae985e66f9846a2bbd333941e6bfb8a.jpeg" alt="IMG_20250815_145650_302.jpg" style="margin-top: 10px; margin-bottom: 10px; width: 329px; height: auto; border-radius: 16px;" /></div><br />

Hong Kong to start issuing stablecoin licenses, wi

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Hong Kong to start issuing stablecoin licenses, wi

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