Hey crypto addicts,

A major divide is emerging on Wall Street as Goldman Sachs publicly backs the CLARITY Act, while several banking groups continue lobbying against key parts of the proposed legislation. The bill aims to establish a clearer regulatory framework for digital assets, but disagreement remains over stablecoin reward provisions and how they could impact traditional banks.

Goldman Sachs CEO David Solomon argues that passing a market structure framework is more important than waiting for a perfect bill, saying regulatory clarity would create a level playing field and support the long-term growth of digital assets. Meanwhile, some banking organisations fear the legislation could encourage deposit outflows by making stablecoins more attractive than traditional bank accounts.

The debate highlights how quickly digital assets are becoming part of mainstream finance. With major Wall Street firms now taking opposing positions, the outcome of the CLARITY Act could shape the future relationship between traditional banking and the crypto industry while setting the foundation for the next phase of institutional adoption in the United States. ☕

What we’ve covered for you today:

Alphabet is doubling down on artificial intelligence, committing hundreds of billions of dollars to expand its AI infrastructure despite growing concerns from investors over rising costs. While the company reported record profits, much of the earnings boost came from gains on strategic investments such as SpaceX and Anthropic rather than its core business, highlighting the enormous bets being placed on the future of AI.

The aggressive spending strategy reflects an industry-wide race to dominate the next generation of AI technology. Alphabet believes investing heavily today will strengthen its cloud business and long-term competitive position, even as the market questions whether the returns will justify the scale of the investment.

As technology giants pour unprecedented amounts of capital into AI, the battle is no longer just about building better models—it's about securing the infrastructure to power them. Whether these massive investments become the foundation of the next tech revolution or an expensive gamble remains one of the biggest questions facing the market today. ☕

A new XRP-powered payment card is giving holders a way to spend without selling their crypto, but there's an important catch. Instead of using XRP directly for purchases, users pledge their tokens as collateral to unlock a credit line settled in Ripple's RLUSD stablecoin, turning everyday spending into a crypto-backed loan.

The model allows investors to maintain exposure to XRP while accessing liquidity, potentially avoiding taxable sales if the token appreciates. However, borrowing against a volatile asset also introduces liquidation risk if XRP experiences a sharp decline, making the product far more than a simple crypto payment card.

The launch highlights how digital assets are evolving beyond trading into mainstream financial services. As crypto lending, stablecoins, and traditional payment networks become increasingly interconnected, investors may soon have more ways to use their digital assets—but they'll also need to understand the risks that come with leveraging them. ☕

There are over 3,000 of them in The Shift’s vault, already vetted, ready to explore.

Subscribe and get instant access to the tool vault, a 1000+ prompt library, and free AI courses built for people with actual work to do. 

Plus, the daily newsletter that keeps you sharp on everything moving in AI in under 5 minutes a day.

They’re also giving away a free 1-year Claude Pro subscription to 3 subscribers. 

Subscribe for free to enter. All free. All in one place.

Subscribe to The Shift

As quantum computing continues to advance, concerns are growing over whether it could one day threaten Bitcoin's cryptographic security. While some critics argue the risk deserves immediate attention, Strategy executive chairman Michael Saylor believes the threat is being overstated and says the network has plenty of time to adapt before quantum computers become powerful enough to pose a real danger.

Saylor argues that Bitcoin's open source nature allows developers to upgrade its security whenever necessary, just as the internet has evolved to defend against new cyber threats. He believes any future quantum breakthroughs would affect the entire digital world, not just cryptocurrencies. Governments, banks, and technology companies would all be working toward the same solutions.

The discussion highlights a broader reality for digital assets. Innovation brings new challenges alongside new opportunities. While quantum computing remains a long term consideration rather than an immediate crisis, it serves as a reminder that Bitcoin's future will depend not only on adoption, but also on its ability to evolve with advancing technology. ☕

Get rewarded just for trading on BloFin.

Deposit $2,500 & Get $500

• 🎁 New users get VIP 1 for 30 days (17% trading fee discount)
• 💵 Receive a FREE $15 BTC/USDT trade voucher
• 💰 Earn weekly deposit bonuses of up to 500 USDT
• 🚀 Available for both new and existing users (deposit bonus)

Deposit, trade, and collect rewards every Monday–Sunday cycle.

Sign up here: https://partner.blofin.com/d/CryptoCoffee

CryptoQuant data suggests Ethereum may be approaching a long-term bottom against Bitcoin, with valuation metrics reaching levels that have historically marked major turning points. However, analysts caution that the strongest confirmation signals, including renewed demand and improving on-chain activity, have yet to appear.

Binance has expanded its partnership with anti-human trafficking organization STOP THE TRAFFIK to strengthen efforts against modern slavery and financial crime using blockchain intelligence. By combining Binance's transaction monitoring capabilities with STOP THE TRAFFIK's data and expertise, the initiative aims to identify suspicious financial activity.

Bitget has secured registration as a Financial Services Provider (FSP) in New Zealand, marking another step in the exchange's global expansion and regulatory strategy. The registration allows Bitget to offer a wider range of financial services under New Zealand's regulatory framework while strengthening its compliance credentials in the Asia-Pacific region.

👇 All completely free, one click to subscribe.

Governments keep trying to stop Bitcoin... Bitcoin keeps adding another block…