Gitcoin ($GTC ) is a decentralized ecosystem and governance DAO built to fund and sustain essential public goods for the open internet, primarily within the Ethereum ecosystem
⚡ U.S. Senate Banking Committee Schedules Hearing on Digital Asset Market Clarity Act for May 14
The U.S. Senate Banking Committee has set May 14 for a markup hearing on the Digital Asset Market Clarity Act, marking a critical step for the bill's progression. Polymarket traders now assign a 73% probability for the bill becoming law in 2026, significantly up from 46% at the beginning of May. $B $GTC $H
$BNB will change at a rate of 5% every year, the price of BNB would be $915.18 in 2027, $1,112.41 in 2031, $1,419.74 in 2036, and $1,811.99 in 2041. Scroll down to view the complete table showing the predicted price of BNB and the projected ROI for each year.
🚨 THE US SENATE IS SET TO VOTE TODAY TO CONFIRM THE NEW FED CHAIR.
Kevin Warsh, a former Morgan Stanley executive and Fed Governor, is expected to be confirmed today as the 17th Chair of the Federal Reserve.
This is the first fully partisan Fed chair confirmation in US history. Every prior confirmation included bipartisan support. Warsh passed the Banking Committee 13-11 on pure party lines.
Trump publicly called for rates as low as 1%. They currently sit at 3.5%. The DOJ opened a criminal investigation into Powell to pressure him out, then dropped it only after Warsh's path was clear.
Markets are already pricing in the "Warsh Trade", a hawkish shift heading into the critical June FOMC meeting.
In a historic break from 75 years of precedent, Powell confirmed he will stay on the Board of Governors until 2028 even after Warsh takes over.
A former Chair remaining as a voting member alongside his successor has never happened before. $SSV $CYS $XPT
🇦🇪 UAE NOW ALLOWS GOV'T FEES TO PE PAID WITH CRYPTO
UAE residents could use crypto & bitcoin:native to pay Dubai government fees.
Crypto .com’s UAE entity received an SVF license from the UAE Central Bank, allowing residents to pay government service fees using virtual assets through its platform.
The license also allows Crypto .com to start crypto payment integrations with Emirates Airlines and Dubai Duty Free. $PARTI $FOLKS $VVV
Kevin Warsh is set to be confirmed by the Senate and replace Jerome Powell as Fed Chair, marking the Fed's 17th Chair and a major policy shift.$SAGA $TRUMP $OSMO
🚨JUST IN: OIL SURGES 4% AS MIDDLE EAST TENSIONS CONTINUE
Brent Crude climbed past $104 and WTI neared $99 after supply fears intensified as Trump rejects Iran's response to the peace proposal, calling it "Totally Unacceptable”$CL $BZ
$OSMO They're a German company that has been in business for over 140 years, and they make one of the best hardwax products on the market, the Osmo Polyx-Oil. That's just the start of what Osmo has to offer.$CL $BZ
$ETH Ethereum spot ETFs recorded $70.49M in net inflows last week (May 4–8), led by BlackRock's ETHA with $100M — bringing ETHA's cumulative total to $12B.
🇮🇷🇺🇸 Iran has sent a multipage response to the U.S. peace proposal. The gaps remain wide.
- Iran proposes ending the war and gradually reopening the Strait of Hormuz in exchange for the U.S. lifting its blockade - Willing to suspend uranium enrichment, but for a shorter period than the 20-year moratorium the U.S. proposed - Rejects dismantling nuclear facilities entirely - Offers to dilute some highly enriched uranium and transfer the rest to a third country, but only with guarantees it will be returned if talks fail or the U.S. exits the deal - Iran also demands a full lifting of sanctions, return of frozen funds, and continued Iranian control of the Strait - A ceasefire in Lebanon is framed as a red line condition - Negotiations will continue via written exchanges mediated by Pakistan
Iran calls it "realistic and positive." Washington has not responded yet.