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Crypto Biz: Amid crypto carnage, Goldman and Barclays fill their bags, May 12-18, 2022

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Some of the world’s biggest banks are increasing their exposure to the digital asset market despite the recent market volatility. Is this a sign of things to come?

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Coin Market

Bitcoin nears $65K as Trump says Hormuz will ‘open to all’ in Sunday Iran peace deal

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Bitcoin stayed near local highs on a new US-Iran peace deal pledge as analysis saw conditions favoring a sustained BTC price rebound.

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Coin Market

Trump says Iran peace deal to be signed Sunday, contradicting Tehran

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Crypto analyst Michaël van de Poppe said a peace deal, which would reopen the Strait of Hormuz, would likely send liquidity back to risk-on assets such as cryptocurrencies.

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Amazon warning triggered US crackdown on Anthropic AI models: Reports

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Calls from Amazon CEO Andy Jassy and other tech firms prompted the Trump administration to suspend foreign access to Anthropic’s Fable 5 and Mythos 5 AI models on Friday.

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