🇺🇸📊 Payward Applies for OCC Trust Charter to Expand Kraken’s Regulated Crypto Custody Business
Payward, the parent company of Kraken, has applied for a national trust company charter with the OCC to establish Payward National Trust Company (PNTC). This federally regulated entity will focus on digital asset custody services for institutional clients. The application builds on Kraken Financial’s Wyoming SPDI bank charter, granted in 2020, and its access to a Federal Reserve master account, further expanding Kraken’s regulated custody infrastructure in the U.S.
Payward, the parent company of Kraken, has applied for a national trust company charter with the OCC to establish Payward National Trust Company (PNTC). This federally regulated entity will focus on digital asset custody services for institutional clients. The application builds on Kraken Financial’s Wyoming SPDI bank charter, granted in 2020, and its access to a Federal Reserve master account, further expanding Kraken’s regulated custody infrastructure in the U.S.
🇺🇸📊 Payward Applies for OCC Trust Charter to Expand Kraken’s Regulated Crypto Custody Business
Payward, the parent company of Kraken, has applied for a national trust company charter with the OCC to establish Payward National Trust Company (PNTC). This federally regulated entity will focus on digital asset custody services for institutional clients. The application builds on Kraken Financial’s Wyoming SPDI bank charter, granted in 2020, and its access to a Federal Reserve master account, further expanding Kraken’s regulated custody infrastructure in the U.S.
Payward, the parent company of Kraken, has applied for a national trust company charter with the OCC to establish Payward National Trust Company (PNTC). This federally regulated entity will focus on digital asset custody services for institutional clients. The application builds on Kraken Financial’s Wyoming SPDI bank charter, granted in 2020, and its access to a Federal Reserve master account, further expanding Kraken’s regulated custody infrastructure in the U.S.
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🗣 Binance Founder CZ Says Elon Musk Is An "Alien."
"My theory is that he is an alien. He wants to return to his home planet, and Mars is just a stepping stone."
"My theory is that he is an alien. He wants to return to his home planet, and Mars is just a stepping stone."
🗽 SEC Chair Paul Atkins calls for Congress to pass crypto market structure legislation and "send the Clarity Act to President Trump's desk." #regulation
🗽 SEC Chair Paul Atkins calls for Congress to pass crypto market structure legislation and "send the Clarity Act to President Trump's desk." #regulation
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💰 Strive's Jeff Walton responds to Coffeezilla calling $STRC a Ponzi scheme.
He stated, "The difference between a Ponzi scheme and a capital management vehicle is that a Ponzi scheme doesn't have reserves. A capital management vehicle does."
Walton added, "Almost 100% of insurance claims paid out are funded by premiums they collect. Does that make an insurance company a Ponzi scheme?"
He stated, "The difference between a Ponzi scheme and a capital management vehicle is that a Ponzi scheme doesn't have reserves. A capital management vehicle does."
Walton added, "Almost 100% of insurance claims paid out are funded by premiums they collect. Does that make an insurance company a Ponzi scheme?"
🕵️ April +$1.97B in $BTC ETF inflows.
May is running a 9-day green streak with $2.7B.
Two months are stacked with no decisive break above $82K.
Either absorption is being matched dollar-for-dollar by sellers, or the breakout is being saved up.
Track the Realized Cap Impulse. #etf
May is running a 9-day green streak with $2.7B.
Two months are stacked with no decisive break above $82K.
Either absorption is being matched dollar-for-dollar by sellers, or the breakout is being saved up.
Track the Realized Cap Impulse. #etf
📌 Top 5 News for 24 Hour:
1. Apple and Intel agreement for chip production. →
👁 187 | ❤️ 0 | 🔁 4
2. Jeff Walton defends $STRC against Ponzi scheme accusations. →
👁 143 | ❤️ 0 | 🔁 4
3. Bitcoin drops to $79,340, Fear & Greed at 47. →
👁 213 | ❤️ 1 | 🔁 3
4. Crypto market sees $356M inflow in April, $101M in single-day May surge; BlackRock, Fidelity →
👁 208 | ❤️ 1 | 🔁 3
5. Department of War releases UFO and potential alien life files. →
👁 221 | ❤️ 0 | 🔁 3
| | |
1. Apple and Intel agreement for chip production. →
👁 187 | ❤️ 0 | 🔁 4
2. Jeff Walton defends $STRC against Ponzi scheme accusations. →
👁 143 | ❤️ 0 | 🔁 4
3. Bitcoin drops to $79,340, Fear & Greed at 47. →
👁 213 | ❤️ 1 | 🔁 3
4. Crypto market sees $356M inflow in April, $101M in single-day May surge; BlackRock, Fidelity →
👁 208 | ❤️ 1 | 🔁 3
5. Department of War releases UFO and potential alien life files. →
👁 221 | ❤️ 0 | 🔁 3
| | |
📊 $SOL drawdown without a matching social-sentiment spike usually maps to quiet accumulation, not panic. The retail noise floor matters more than the candle when the cohort splits like this.
Watch what doesn't move on the chart — that's where the real positioning hides.
Open the Social Dominance chart →
Watch what doesn't move on the chart — that's where the real positioning hides.
Open the Social Dominance chart →
🏦 Senate Banking Committee Schedules Crypto Clarity Act Vote For May 14 At 10:30 AM EST.
📊 Arthur Hayes: 99% of Altcoins Going to Zero Does Not Mean the End of the Industry
On May 5, 2026, during a CoinDesk interview at Consensus, BitMEX co-founder Arthur Hayes stated that altcoins will never die despite institutional adoption.
He believes that while 99% of altcoins will go to zero, this mirrors the stock market: over a long period since 1929, about 98% of S&P 500 companies have also gone to zero, making most stocks shitcoins as well.
He expressed that 24/7 crypto trading merely compresses this cycle, and it remains a good model for raising capital and innovation.
On May 5, 2026, during a CoinDesk interview at Consensus, BitMEX co-founder Arthur Hayes stated that altcoins will never die despite institutional adoption.
He believes that while 99% of altcoins will go to zero, this mirrors the stock market: over a long period since 1929, about 98% of S&P 500 companies have also gone to zero, making most stocks shitcoins as well.
He expressed that 24/7 crypto trading merely compresses this cycle, and it remains a good model for raising capital and innovation.
💰 Michael Saylor: Bitcoin Frees Your Money From Any Single Bank
In a May 1 interview with Peter McCormack, Strategy founder Michael Saylor emphasized that Bitcoin allows individuals who distrust banks, governments, or each other to create a "viral bank" in cyberspace, collectively maintained. He stated that Bitcoin is currently the best technology for transferring economic energy, as it enables rapid asset transfers during crises, avoiding reliance on any single country or bank.
In a May 1 interview with Peter McCormack, Strategy founder Michael Saylor emphasized that Bitcoin allows individuals who distrust banks, governments, or each other to create a "viral bank" in cyberspace, collectively maintained. He stated that Bitcoin is currently the best technology for transferring economic energy, as it enables rapid asset transfers during crises, avoiding reliance on any single country or bank.