Fairshake has spent $28 million in 2026 primaries as a new poll shows most 
Americans distrust crypto and AI, raising questions about the political value 
of industry-backed super PAC money. Fairshake, the pro-crypto super PAC backed 
by Coinbase, Andreessen Horowitz,…

Fairshake defends midterm spending as voter trust crashes

Ether rallies are abruptly capped at $2,400 and multiple data points suggest 
this pattern will remain in play for the foreseeable future.

Three reasons why Ether price rallies fizzle near $2.4K

VLC&#8217;s global impact is highlighted by its ability to record VHS videos and 
support niche audio formats.
The post Jean-Baptiste Kempf: Agentic engineering ensures quality in large code bases, VLC&#8217;s versatility includes VHS recording, and the global impact of the VLC logo | Lex Fridman Podcast appeared first on Crypto Briefing.

Jean-Baptiste Kempf: Agentic engineering ensures quality in large code bases, VLC’s versatility includes VHS recording, and the global impact of the VLC logo | Lex Fridman Podcast

Box Elder County commissioners approved Kevin O&#8217;Leary&#8217;s 9GW Stratos AI campus 
in Utah on May 4, amid loud public protests from hundreds of local residents. 
Box Elder County commissioners in Utah voted unanimously on May 4 to approve 
the Stratos…

Kevin O’Leary launches Stratos to beat China

Circle urged the OCC to finalize clear, consistently applied GENIUS Act rules 
for payment stablecoin issuers. The company said the proposed framework should 
support reliable redemption and strong risk controls for regulated digital 
payment instruments. Circle Backs National Stablecoin Licensing Standards 
Circle Internet Group (NYSE: CRCL) revealed May 5 that it had submitted 
comments on […]

Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules

Bitcoin pushed above $82,000 on Wednesday as markets rallied around fresh 
hopes that the US and Iran are moving closer to a framework agreement that 
could cool the conflict and ease pressure on global energy markets. The move 
extended Bitcoin’s recovery from its early-February low near $60,000, putting 
the asset up more than 36% from that level. It also added weight to a 
technical shift that began in late April, when BTC broke above a major 
downtrend line that had capped price action since the October 6 all-time high 
at $126,199. After confirming the breakout with a successful retest, Bitcoin 
has climbed roughly 10% over the past seven days. Deal Hopes Trigger Risk-On 
Bid For Bitcoin The latest catalyst came from an Axios report saying the White 
House believes it is close to an agreement with Iran on a one-page memorandum 
of understanding designed to end the war and establish a framework for more 
detailed nuclear negotiations. Axios reported that the US expects Iranian 
responses on several key points within 48 hours, while cautioning that 
“nothing has been agreed yet.” Related Reading: Bitcoin Breaks $80,000, But 
On-Chain Activity Signals A Silent Warning According to the report, the draft 
memorandum includes 14 points and is being negotiated by Trump envoys Steve 
Witkoff and Jared Kushner with Iranian officials, both directly and through 
mediators. In its current form, the MOU would declare an end to the regional 
war and start a 30-day negotiation window on a broader agreement covering the 
Strait of Hormuz, Iran’s nuclear program and US sanctions. That distinction 
matters for markets. This is not yet a final peace agreement, and officials 
cited by Axios warned that Iran’s leadership remains divided. But for 
investors, even a credible path toward de-escalation was enough to reprice 
risk assets sharply. Related Reading: Bitcoin Seasonality Flashes Bullish May 
Signal After Two Green Months Secretary of State Marco Rubio framed the 
process as incomplete but potentially actionable. “We don’t have to have the 
actual agreement written in one day. This is highly complex and technical.” 
Rubio added that Washington needed a diplomatic solution clear enough on “the 
topics they are willing to negotiate on” and the concessions available at the 
outset. The crypto rally arrived alongside a broader macro move. Crude oil 
fell sharply as traders priced in the possibility that restrictions around 
global energy flows could ease if the US-Iran framework progresses. WTI crude 
fell to $94.32, while Brent went down 6.7% to $102.56. Equity futures also 
strengthened. US stock index futures extended gains after the Axios report, 
Nasdaq 100 futures were up 1.26% and S&amp;P 500 up 0.81% in pre-market trading. 
For Bitcoin, the setup was unusually direct: lower geopolitical risk, falling 
oil, stronger tech-led equity futures and renewed appetite for high-beta 
assets. Crypto moved as part of that broader risk-on rotation rather than as 
an isolated digital-asset event. UPDATE: The Kobeissi Letter (@KobeissiLetter) 
reports via X that &#8220;US oil prices are experiencing a sharp reversal, now up 
+8% in 60 minutes, as doubts grow over an Axios-reported potential deal to end 
the Iran War,&#8221; adding that &#8220;tis comes as Iran has launched a new website 
called the &#8216;Persian Gulf Strait Authority.&#8217; At press time, BTC traded at 
$82,149. Featured image created with DALL.E, chart from TradingView.com

Fairshake defends midterm spending as voter trust crashes

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