Crypto majors bid higher Friday after the Digital Asset Market Clarity Act cleared the Senate Banking Committee in a 15-9 bipartisan vote, with XRP and dogecoin leading the cohort even as broader risk assets sold off on Trump’s comments that the US does not need to reopen the Strait of Hormuz.
Accenture Federal Services and OpenAI partner to accelerate secure AI adoption across the Federal Government
Accenture Federal Services and OpenAI today announced a strategic collaboration to help U.S. federal agencies rapidly adopt, migrate, and scale advanced AI. As a key OpenAI Partner, Accenture Federal will help clients move from experimentation to production-ready, mission-grade deployment in weeks, not years.
Building on Accenture’s collaboration with OpenAI to accelerate enterprise reinvention through agentic AI, this federal-focused initiative brings OpenAI’s industry leading models and research together with Accenture Federal’s deep mission expertise, cleared engineering talent, and security first delivery capabilities—giving agencies a trusted path to operationalize AI across federal environments.
The collaboration further expands federal access to OpenAI technologies through federal-ready implementation patterns, governance frameworks, and delivery assets designed for the realities of government data, compliance, and operations—enabling agencies to modernize legacy systems, migrate AI workloads faster, and embed intelligence across core mission workflows.
“As AI continues to grow and dominate as a core infrastructure for government, agencies can no longer afford slow, siloed adoption,” said Ron Ash, CEO of Accenture Federal Services. “OpenAI gives federal leaders the ability to accelerate AI to mission scale from pilots to production at speed. When paired with Accenture Federal’s ability to operate in the most secure, complex environments, this collaboration helps agencies modernize faster, serve citizens better, and strengthen the systems the nation relies on — all with humans firmly in the lead.”
Accelerating AI from Proof-of-Concept to Mission Scale
Accenture Federal Services will serve as an OpenAI Implementation Partner for the U.S. federal market, helping agencies design, deploy, and govern AI platforms that can scale across missions, systems, and agencies.
The collaboration focuses on accelerating AI migration and adoption across the full lifecycle, including:
- Accenture Federal + OpenAI Agentic Lab at The Forge®
Located at Accenture Federal’s hands-on reinvention center, The Forge®, the Simulated Government Agency Agentic Lab enables agencies to design, test, and validate agentic workflows and human in the loop solutions in hours, not months—demonstrating the value and ROI of AI deployment. - OpenAI Trained Federal Solution Architects
Accenture Federal has established a dedicated group of OpenAI-trained AI Solution architects and forward deployed engineers to help agencies move rapidly from proof of concept to production, delivering proven reference architectures, integration blueprints, controlling aligned designs that enable faster AI migration and adoption across legacy and modern environments. - FedRAMP-Ready Adoption Pathways for OpenAI Codex across impact levels
Accenture Federal will support FedRAMP aligned implementation pathways across all FedRAMP and IL6+ certification levels for OpenAI Codex capabilities by leveraging authorized cloud foundations and security first integration patterns — helping agencies deploy advanced AI capabilities within high impact, regulated environments without slowing innovation. These initiatives are advancedby OpenAI’s FedRAMP 20x Moderate authorization for ChatGPT Enterprise and the OpenAI API Platform. - Accenture Federal Professionals Empowered with Access to the latest OpenAI Models
Accenture Federal will enable all 15,000 professionals with secure, governed access to OpenAI’s latest models — paired with training, role-based access controls, and continuous oversight — ensuring agencies benefit from battletested expertise at enterprise scale. - Codex Powered Development in a secure enterprise environment
Accenture Federal Services and OpenAI will enable over 3000 AFS practitioners with the latest Codex models, inside of Accenture Federal’s enterprise environments to power lifecycle development. - ChatGPT Enterprise Powered Delivery
Accenture Federal will provide Enterprise ChatGPT to 1500 practitioners to enable enhanced productivity for government client delivery and the Accenture Federal’s enterprise.
Setting a New Standard for Federal AI Delivery
“Together, Accenture Federal Services and OpenAI are redefining how advanced AI is delivered across government—pairing the capabilities of frontier AI with the trust, security, and accountability federal missions demand,” said Joe Larson, OpenAI’s VP for Government. “This collaboration gives agencies a faster, safer path to turn AI into real operational impact.”
By combining OpenAI’s rapidly advancing agentic capabilities with Accenture Federal’s proven ability to deliver at mission scale, the collaboration helps agencies migrate AI platforms faster, integrate intelligence across operations, and move beyond pilots to production ready systems — without compromising security or governance.
From modernizing citizen services and strengthening cyber defenses to improving supply chain resilience and operational readiness, Accenture Federal Services and OpenAI are focused on one outcome: helping federal leaders turn AI into measurable results for the missions they serve — and for the nation they protect.
Bukele’s Futuristic BINAES Library Blends Books, Bitcoin, And Family Play In Revitalized Capital
Located in the heart of the country’s capital, El Salvador’s BINAES library stands tall as a monument to the love of knowledge, literature, and technology—accessible to the public 24 hours a day, for free. Positioned directly in front of and carefully aligned with the Catedral Metropolitana de San Salvador, BINAES is also surrounded by the Palacio Nacional de El Salvador (to its left/side) and the Jardín Centroamérica, all symbols and reminders of a dream. The dream of a society that elevates beauty, the love of knowledge and faith, and shares them with the world.
Having traveled to many countries and cities in my lifetime, I have to say that the safety, tranquility and cleanliness of this area of San Salvador was remarkable. An unignorable contrast to the city squares of many western capitals, often unsafe, filled with garbage, and host to the homeless and drug addicted. Instead, both outside the library, in the gardens and walkable roads of the city square, as well as inside the library, palace and gardens, children and their families can be seen at peace, running around, enjoying this national treasure.
Donated to El Salvador by the Chinese government, BINAES is 7 stories tall with a wide range of amenities, including a cafeteria on the first floor and an Italian restaurant on the 7th. Plenty of room to host events of various sizes, public and private. BINAES stands out with an elegant futurist design, congruent with its facilities and a vision for the future of El Salvador, which also prominently features Bitcoin technology and educational materials.
With a strong focus on supporting families and the next generation, the second floor is a young children’s playground filled with educational tools, books and physical entertainment options for children to unleash their energy. The third floor has a large section dedicated to LEGOs, a powerful educational tool known to stimulate a love of building in children, with multiple tables where parents sit with their kids and play. It also hosts children’s video games, such as collaborative and family-friendly games like Mario Party and the legendary Minecraft.
The fourth floor is aimed at children 8-12 as well as fans of fantasy and fiction, with dedicated Star Wars, Lord of the Rings, and Harry Potter areas, as well as hundreds of manga books featuring some of the greatest stories of the Japanese genre. Many of these areas include collection grade legos and merchandise from the films, as well as, of course, full libraries of books for each fictional universe.
The fifth floor is home to literature, history and books for adults, considered the core of the library, with thousands of books on all major genres of knowledge. Among them, a vast section on social sciences, which includes economics, hosting some samples of libertarian Austrian economists like Mises, Milton Friedman, Rothbard, and Ayn Rand, though not too deep a variety.
This specific topic, which is very important to the history, economic theory of Bitcoin and its cultural roots, is one that the library got some criticism for years ago when it was first completed. Back then, a popular tweet claimed the library had no works on libertarian economic theory, something which today has changed, but could improve further. Their collection, for example, had no fictional work by Rand, only a couple of her philosophy books; this is something that can actually be changed easily enough, though, as the library does accept book donations. Donors can contribute by first emailing BINAES staff at consultalealbibliotecario@cultura.gob.sv.
The sixth floor is the high-tech area. Coming out of the elevators, the first thing you see is a Bitcoin-shaped bookshelf with a solid collection of Bitcoin literature, covering its economics, software architecture and history of money, among many other topics. This specific installation is a project by Alejandra Guajardo, also known as Miss Bitcoin, the Salvadorian model who represented the nation in the Miss Universe pageant of 2022. Her Bitcoin Book Shelf initiative looks to deploy installations of this sort in libraries all over the world, with an expansion to Mexico in the works. Bitcoiners who want to lead the installation of Bitcoin bookshelves in their local libraries can contact her to make it happen.
In the center of the same floor is a beautiful Bitcoin lounge area, with another similarly shaped bookshelf and various Bitcoin plushies called Little Hodlers led by artist and Bitcoin evangelist Lina Seiche. A massive screen shows Mempool.space, a slick and very popular Bitcoin block explorer, showing live network data and statistics.
This floor is also home to 3D printers, tools for robotics work, interactive digital screen-style whiteboards, a full gaming area with top-of-the-line gaming consoles, a virtual reality area, computers available to the public for research, and a digital collection of over 9 million books accessible to the public. As well as various dedicated office-like environments for students and teams to take advantage of and get some work done.
Last but not least is the seventh floor, home to the art gallery, which at the time of my visit was hosting a variety of art pieces, showing the history of El Salvador through the architecture of iconic locations in the area. In the center of this art hall, between the gallery and the Basílico Italian Bistro, are photographs of Bukele and first lady Gabriela Bukele, perfectly aligned with the Metropolitan Cathedral across the square, a beautiful architectural detail that reinforces a harmonic union between the classic arts and faith.
Overall, despite the high-tech Chinese design of the library, which somewhat contrasts against the classical Roman architecture of the area, the BINAES library is likely to stand as a visionary legacy of the self-described Philosopher King and his administration.
Analyst Says XRP Path To $100 Is Not Straightforward, These Things Will Happen First
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XRP’s $100 price target is one of the most recurrent projections in the crypto market, but EGRAG CRYPTO’s macro analysis is not built around instant gratification.
The analyst is instead looking at the stages that may come before any move into triple digits, arguing that the altcoin still has to pass through a difficult sequence of corrections and lower target zones before the larger price target. Technical analysis of the 2-month candlestick chart places XRP inside a long-term compression structure, with the current price still 530% below the first major target zone of $9.
The Macro Chart Most Traders Are Misreading
Many enthusiasts are projecting a straightforward XRP repricing that sees the cryptocurrency trading above double and triple digits. However, according to popular analyst EGRAG CRYPTO, most traders still don’t understand a few things about XRP macro charts.
EGRAG CRYPTO’s chart is built around XRP’s 2-month timeframe, which gives a much broader view of the asset’s price structure than the daily or weekly chart. The setup shows the token pressing inside a large ascending triangle-like formation, with price action still sitting far below the upper projected targets.
The analyst’s main argument is that traders may be giving too much importance to the 7-week moving average and the 11 EMA cross, even though these indicators are lagging in nature.
According to the analyst, price leads and indicators follow. That means moving average crosses should not be treated as a standalone confirmation that XRP is already entering a parabolic phase. The weekly chart shared by the analyst shows the altcoin currently trading around the lower end of the larger macro structure, close to the area where the 7W MA and 11 EMA are moving close together.
The chart’s most important visual feature is the broad white triangular pattern that has contained XRP’s macro movement since 2017. The analyst projected a possible “E” phase, implying that the price may still undergo more uncomfortable crashes before the next breakout rally.
A $100 Move Across Multiple Cycles
The $100 price target circulating in the XRP community is not a myth EGRAG CRYPTO dismisses outright, but the analyst’s timeline and roadmap are different from popular expectations. The first clarification is that $100 is not the full measured move from the current triangle pattern, and it is not a target for the present cycle.
The more immediate focus is on a green box in the chart above, which encompasses Fibonacci target zones sitting between $9 and $17. The first price target is around the 1.618 Fib extension at $9.51, followed by the 2.0 Fib extension around $17.23, and then the 2.272 extension around $26.30. These, according to the analysis, are more realistic XRP price targets to keep an eye on first.
XRP may need to first reclaim the macrostructure, clear the green-box zone, and then move into the extended Fib region above $26 before the structure can even begin to price in a future path to $100. Furthermore, these parabolic expansions are expected to come alongside painful retracements and emotional shakeouts, not through a straightforward path.
Featured image from Freepik, chart from Tradingview.com
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Farage Faces UK Standards Probe over $7M Gift from Crypto Billionaire
Reform UK leader Nigel Farage is reportedly facing a parliamentary standards inquiry over whether he failed to declare a 5 million pound ($6.7 million) gift from crypto billionaire Christopher Harborne.
The UK Parliamentary Standards Commissioner has opened an inquiry into whether Farage breached House of Commons rules by not registering the payment, the BBC reported Wednesday.
Farage said he was under “no obligation” to declare the gift from the Reform party backer, which he received before he was elected to the Commons in 2024. Critics argue he should have registered the payment after becoming a member of parliament.
The Conservatives wrote to the parliamentary standards watchdog asking it to investigate the matter, according to the BBC. The Conservatives also raised the issue with the Electoral Commission, which is reportedly deciding whether to launch a formal investigation into the donation.
The inquiry adds to scrutiny of Farage’s financial ties to crypto-linked backers and businesses, as UK lawmakers and regulators pay closer attention to the role of digital asset money in politics.
The development comes a month after the UK Liberal Democrats called on the Financial Conduct Authority to investigate whether Farage breached market rules by appearing in a promotional video for Stack BTC while holding a financial stake in the company.
Farage previously disclosed a $286,000 equity investment in the company after acquiring a 6.31% stake through his media vehicle Thorn In The Side in March.
Related: Revolut among 4 companies chosen to test stablecoins in UK sandbox
UK lawmakers mull halt to political crypto donations
Cryptocurrency donations to political parties have come under growing scrutiny in the UK.
Farage’s Reform UK was the first party to start accepting crypto donations in 2025. Reform recently disclosed a $4 million donation from Harborne in the fourth quarter of 2025, after receiving a record $12 million gift in the previous quarter.
Political cryptocurrency donations are currently legal in the UK, subject to permissible rules under the Electoral Commission guidance. However, some parliamentary committees have called for a halt.
On March 18, the Joint Committee on the National Security Strategy urged the UK government to impose an immediate moratorium on crypto donations to political parties until the Electoral Commission produces statutory guidance ahead of the next general election, which is due to take place by August 2029.
The committee also called for the creation of a Political Finance Enforcement Unit and for reducing the minimum declaration threshold of political donations from $14,900 to $668. It cited growing foreign-state threats and efforts to influence the UK’s positions on critical issues, including its relations with the US, the European Union and Ukraine.
Three weeks earlier, Matt Western, chair of the committee, urged the government to put a temporary halt on crypto donations to political parties, citing foreign interference risks, Cointelegraph reported on Feb. 26.
Magazine: Clarity Act risks repeat of Europe’s mistakes, crypto lawyer warns
BlackRock, Janus Henderson tokenized funds get instant redemptions with new $1 billion facility
A new credit facility by Grove aims to allow instant redemptions into stablecoins from BlackRock’s BUIDL and Janus Henderson’s money market funds, reducing settlement time from days to instantaneous.
Kraken Migrates to Chainlink CCIP for Wrapped Bitcoin and Future Wrapped Assets
Kraken is deprecating its existing cross-chain infrastructure and moving exclusively to Chainlink CCIP to secure Kraken Wrapped Bitcoin (kBTC) and all future wrapped assets.
Kraken announced it is deprecating its existing cross-chain provider and migrating to Chainlink CCIP as its exclusive cross-chain infrastructure for Kraken Wrapped Bitcoin (kBTC) and all future Kraken Wrapped Assets. The migration leverages Chainlink’s enterprise-grade infrastructure, which includes ISO 27001 and SOC 2 Type 2 certifications, secure-by-default architecture, 16 independent nodes, and native rate limits.
No action is required from kBTC customers during the migration. Kraken said additional details on the migration process will follow through official Kraken channels.
The partnership aims to accelerate global crypto adoption by unlocking utility and distribution for Kraken Wrapped Assets across decentralized finance. Chainlink CCIP (Cross-Chain Interoperability Protocol) provides cross-chain messaging and token transfers with security oversight designed to meet institutional standards.
Sources: Kraken
This article was produced with the help of AI flows.
The Velocity of Risk and the Explosion of APAC Payment Methods
At the Money20/20 Asia event in Bangkok, the primary challenge identified in the financial landscape was the incredible velocity of transactions coupled with a massive explosion in the diversity of payment solutions. Matt Delauro, President at SEON, noted that while the proliferation of new payment methods in the APAC region has provided more options for consumers, it has significantly complicated the environment for merchants and payment providers. This complexity has inadvertently created gaps that make it easier for fraudsters and financial criminals to operate across different platforms. SEON is helping clients respond to this shift by providing tools that can keep pace with this transaction velocity while securing a fragmented payment landscape.
By addressing these vulnerabilities, SEON allows institutions to regain control over their risk management without slowing down the customer experience. As new payment rails continue to emerge across the region, the ability to identify suspicious patterns in real-time becomes critical. SEON’s approach focuses on simplifying the oversight of these diverse methods, ensuring that the convenience of modern payments does not come at the cost of institutional security or regulatory compliance.
For banks and fintechs adopting these solutions over the next 12 months, the results center on significant cost savings and proactive threat detection. Clients can expect to see a substantial reduction in their overall KYC (Know Your Customer) costs as automated systems streamline the verification process. Furthermore, the technology enables the early discovery of bad actors, identifying them as soon as they make initial contact with the institution. This early-cycle detection prevents criminals from progressing deeper into the financial system, allowing banks and fintechs to operate with greater confidence and efficiency in a high-velocity market.
Key Highlights from Matt Delauro:
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Transaction Velocity: Delauro highlights the rapid speed of transactions in APAC as a defining characteristic of the current financial year.
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Payment Diversity: The explosion of new payment methods is creating both opportunities for consumers and significant complexities for merchants.
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The Fraud Gap: How the diversity of payment solutions has made it easier for financial criminals to exploit system vulnerabilities.
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KYC Cost Reduction: Banks and fintechs can expect a major decrease in the costs associated with identity verification and compliance.
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Early Actor Discovery: A look at how SEON identifies bad actors at the point of first contact, preventing fraud before it scales.
Prove and Velocity partner to close the trust gap in the global stablecoin economy
Industry leaders combine go-to-market strength to bring trusted identity to next-generation enterprise payments
Prove, the leader in digital identity, and Velocity, a next-generation enterprise platform for payments and treasury solutions, have joined forces to address the critical trust gap standing between stablecoins and mainstream adoption in global finance.
As stablecoins increasingly power enterprise payments, cross-border settlement, and treasury operations, the infrastructure to move money has advanced dramatically, but the infrastructure to verify who is moving it has not kept pace. Prove and Velocity are closing that gap, combining Velocity’s unified payments and treasury platform with Prove’s industry-leading identity network, which is capable of verifying 90% of digitally active people worldwide.
The partnership unites two market leaders with a shared focus on bringing verified, compliant stablecoin transactions to the enterprises that need them most: financial institutions, global payment companies, and multinational corporations managing cross-border treasury operations. Together, Prove and Velocity will deliver solutions for CFOs, treasurers, and global finance teams ready to move capital on stablecoin rails, with the identity assurance required by compliance and risk teams.
“Stablecoins have fundamentally changed enterprise finance by delivering faster, more programmable, and borderless value transfer,” said Fernando Castellanos, Global Head of Digital Assets and Sponsor Banks at Prove. “But while the movement of money has evolved, identity has not kept pace, and that trust gap remains one of the most significant barriers to enterprise adoption. Through our partnership with Velocity, we will deliver trust at global scale by giving verified users, merchants, and platforms the confidence to transact seamlessly across borders.”
“We want CFOs to be able to make money move like the internet: instant, global, and flexible,” said Eric Queathem, Founder and CEO of Velocity. “But speed without trust creates risk. Partnering with Prove means we can walk into any enterprise conversation knowing we have the identity layer covered. Together, we’re giving clients everything they need to move capital in real-time, and with confidence.”
The partnership targets three core customer segments: banks and financial institutions building out digital asset capabilities, payment companies expanding into cross-border stablecoin corridors, and global enterprises seeking programmable treasury solutions. For each, Prove and Velocity offer a joint path to deployment that addresses both the payments infrastructure and the identity assurance requirements in a single, coordinated engagement.
The partnership demonstrates a shared conviction that the next phase of the stablecoin economy will not be won on speed or yield alone, but on trust. By bringing their respective market strengths together, Prove and Velocity are laying the foundation for a global financial system where stablecoin payments are as seamless, and as trusted, as any transaction in traditional finance.
Bitcoin Rally Stalls at $80K as Capital Inflows Trail Prior Breakout Phases: Glassnode
Bitcoin (BTC) is struggling to enter a stronger breakout phase above $80,000, as capital inflows into the BTC market remain below levels seen in past bull runs. BTC futures traders are also staying cautious, while a growing number of investors who have held for the past six months may look to sell into key resistance levels, according to new analysis.
Bitcoin capital inflows remain muted: Glassnode
The Week On-chain report from Glassnode stated that Bitcoin’s 30-day realized cap net position change recently climbed to $2.8 billion per month. The metric tracks the amount of new capital entering the BTC market over 30 days.
Bitcoin realized cap net position change. Source: Glassnode
The positive flows helped support the BTC recovery from April’s lows near $65,000. But previous breakout phases during the 2023–2025 rally were accompanied by much bigger capital rotations. The slower pace of capital entering the market this year has raised doubts about whether Bitcoin can rally above the $80,000–$82,000 range.
Related: Bitcoin risks slump after hitting ‘major bear market resistance’: CryptoQuant
Glassnode also flagged a growing cluster of holders near the $86,900 level. These investors accumulated BTC during the November-to-February period and are now approaching breakeven. These holders could sell near their entry price after extended drawdowns, creating a large overhead supply zone that may stall Bitcoin’s rally.
BTC realized price by age. Source: Glassnode
Short-term buyers continue to support the market around $76,900, which marks the average cost basis for coins acquired over the past 30 days. This indicates fresh demand is still entering the market at lower levels, even as overhead supply is concentrated closer to $87,000.
Related: JPMorgan lifts Bitcoin ETF exposure in Q1, led by BlackRock’s IBIT
BTC futures traders stay cautious
Bitcoin researcher Axel Adler Jr. said that the buying activity across spot and futures markets has started to cool after Bitcoin’s recent push above $80,000. The 30-day net taker volume indicator rose to +2.0 on May 6 before dropping to +1.25 on Wednesday. The metric shows whether buyers or sellers are in control.
BTC buyer pressure has dropped roughly 35% from last week, showing traders are becoming less aggressive as Bitcoin trades near $80,000. Adler noted that past corrections in the +0.3 range often coincide with slower price action or sideways periods.
Bitcoin net taker volume oscillator. Source: Axel Adler Jr.
At the same time, the 30-day Bitcoin funding rate has remained negative since March. Negative funding means the short traders are paying long traders to keep their positions open, showing that bears still dominate futures activity.
Even with Bitcoin reclaiming the $80,000 range, BTC futures traders have not added long positions needed to support a decisive breakout. Adler said a move back above zero in funding rates would offer the first stronger sign of renewed bullish positioning.
Meanwhile, Alphractal CEO Joao Wedson said Bitcoin still needs stronger money flows before a larger bull market can begin. Wedson pointed to the Realized Cap Impulse metric, which tracks whether fresh capital is entering or leaving the Bitcoin market.
Bitcoin realized cap impulse. Source: Joao Wedson/X
The indicator remains slightly below zero, showing fresh capital inflows have not yet returned to the levels typically seen during stronger Bitcoin breakout phases. Wedson said a move back above zero would signal that investors are putting fresh capital back into Bitcoin.