Clover Health soared to a new 52-week high on Thursday, after earning the backing of a US Court over its legal battle with the Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS) in relation to what it deemed an unlawful reduction to its 2026 star ratings that could potentially slash millions worth of quality bonuses.
In intra-day trading, the stock jumped to a record high of $4.23 before trimming a few cents to end the day just up by 16.43 percent at $4.18 apiece.
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In a Court order released recently, the US District Court for the Southern District of Georgia, Brunswick Division, partially sided with Clover Insurance Company—a business unit of Clover Health Investments Corp. (NASDAQ:CLOV)—in relation to its 2026 Star Rating downgrade to 3.5 from 4.0, which could slash its statutorily mandated quality bonus and related payments by $120 million.
The Court judge rejected the HHS’ request to dismiss the case and ordered the CMS to recalculate the rating.
The lawsuit stemmed from what Clover Health Investments Corp. (NASDAQ:CLOV) believed to be improper use of quality measures and methodologies that allegedly reduced its rating to 3.5 from what would have been 4.0.
According to Clover Health Investments Corp. (NASDAQ:CLOV), the rating would reduce government reimbursement, hurt its competitiveness, and could weaken future growth.
As of writing, the CMS has yet to issue a comment on the Court order.
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A venture capitalist who has spent a decade backing deep-tech and quantum hardware startups says the bitcoin BTC$73,480.99 industry is fixated on the wrong half of the quantum problem, the wallet keys instead of the encrypted messages already moving between exchanges, bridges and custodians today.
“The financial system’s most dangerous vulnerability isn’t stored data, it’s the data moving between institutions right now,” Andrew Gault, CEO of networking firm ZeroTier, told CoinDesk in a recent chat.
“Every interbank message, every payment authentication record, and every digital signature traveling across a network today is being collected by sophisticated adversaries who don’t need to read it yet,” he noted.
“CISOs and security teams have been trained to protect data at rest. What nobody wants to say out loud is that the adversary’s strategy has changed. They’re patient, they have storage, and they’re building a library of today’s encrypted traffic to decrypt the moment quantum capability crosses the threshold,” he added.
Gault is CEO of networking firm ZeroTier and a founding partner of 7percent Ventures, a London- and San Francisco-based deep-tech firm whose portfolio includes British quantum-computing startup Universal Quantum.
The Google Quantum AI research that rattled bitcoin in March showed a sufficiently powerful quantum computer could derive a bitcoin private key from an exposed public key in about nine minutes, came from outside his portfolio.
The conversation since that paper has centered on the roughly 6.9 million BTC sitting in addresses with exposed public keys and Bitcoin’s missing post-quantum migration plan.
But Gault says the more urgent exposure is the data already being collected off the open internet for decryption later, regardless of whether a working quantum computer exists yet.
Google’s own security engineers have moved the same direction. In a March post, the company set 2029 as its target for completing a post-quantum cryptography migration, citing progress on quantum hardware, error correction and factoring resource estimates.
The post, written by Google vice president of security engineering Heather Adkins and senior cryptography engineer Sophie Schmieg, said the company has reprioritized its internal threat model to focus on authentication services and digital signatures, the same wire-level signing infrastructure Gault has been pointing at.
“The threat to encryption is relevant today with store-now-decrypt-later attacks,” the post said.
The strategy driving that urgency is known in cryptography circles as “harvest now, decrypt later.” It assumes adversaries don’t need to read encrypted traffic today, only store it cheaply until a sufficiently powerful quantum computer arrives.
Citi modeled the bank-system version of the scenario in February, estimating a quantum-enabled attack on a single top-five U.S. bank’s access to the Fedwire Funds Service payment system could trigger a $2 trillion to $3.3 trillion cascade across the U.S. economy, equal to a 10% to 17% decline in real GDP.
The Global Risk Institute, cited in the same Citi report, puts the probability of a cryptographically relevant quantum computer arriving by 2034 at between 19% and 34%.
For crypto, the wire-level surface is broader than the wallet one. Cross-chain bridge proofs, exchange API authentication packets, signed transactions broadcast and archived in public mempools, and the back-channel signing traffic between cold storage and trading desks all sit on the same vulnerability spectrum as the bank-grade encryption Citi was modeling.
CoinShares argued in a February report that the wallet-key fear is overstated, estimating only about 10,200 BTC are concentrated enough to move markets if stolen.
Gault’s worry is a different one. “The particularly uncomfortable reality for financial institutions is that the authentication records being harvested aren’t just sensitive,” he said. “It’s the proof layer that determines who owns what, who authorized which transaction, and who bears legal liability.”
Ethereum (ETH) has launched a coordinated post-quantum migration, but Bitcoin has not done the same. Major crypto exchanges and custodians, where most of the signing traffic lives, have not publicly committed to one either.
Stellar’s native token XLM rallied by 44% this week after the chain was selected by the Depository Trust and Clearing Corporation (DTCC) for its tokenization plans.
The DTCC is the clearing and trade settlement house for global financial markets. The firm’s custodied assets will be tokenized and made available on Stellar from early 2027.
Commenting on the update, Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, said the chain is meant for this. He added,
Stellar’s proven compliance-minded architecture, open infrastructure, and risk management capabilities are aligned with market demands and expectations.
What’s next for XLM?
Following the update on Wednesday, XLM pumped by 11%. It has since extended the rally from $0.15 to over $0.20, bringing weekly gains to 44% at the time of writing.
Source: XLM/USDT, TradingView
On the daily chart, the rally had climbed above the 200-day SMA (Simple Moving Average), suggesting that the market structure had effectively been flipped to bullish.
However, this can only be confirmed if the weekly candle also closes above the key level, alongside the 2025 support at $0.21. If these levels are decisively flipped into support, then bulls could eye $0.26 or about 31% potential upside from the 2025 support level.
The bullish outlook would be invalidated if the price falters at the 2025 support level and weekly candlestick closes below the 200-day SMA (blue). Such a scenario would imply a profit-taking activity that could erase recent gains.
Possible XLM consolidation around $0.20
Based on the liquidations heatmap, there may be more liquidity pools below the current price action than above it. The immediate pools seemed to be at $0.19, which aligned with the 200-day SMA.
Another pocket of liquidity was at $0.15, the level that triggered this week’s rally. These are leveraged long positions, and could be levels of interest in case of volatility.
Source: Coinglass
For late bulls seeking a new entry, the cue would be if the 2025 support is decisively reclaimed and defended.
Otherwise, a weekly close below $0.19 could attract short sellers, especially if the current market correction extends into early June.
Final Summary
XLM has rallied by over 40% this week following the DTCC partnership for tokenization of its custodied assets.
Any extended uptrend momentum could only be confirmed if XLM bulls keep the price above $0.21.
Find out if now is the right time to put your money in a savings account. In 2024, the Federal Reserve implemented a series of cuts to the federal funds rate, and those rates continued on a downward trend throughout 2025. As a result, deposit interest rates have fallen from their historic highs.
So far in 2026, the Fed has kept interest rates unchanged. Still, it’s possible to find high-yield savings accounts paying above 4% APY. So, if you’re looking for the best rates available today, here’s a breakdown of where to find them.
What bank currently has the highest savings interest rate?
Although savings interest rates are elevated by historical standards, the national average rate for savings accounts is still just 0.38%, according to the FDIC. The good news: Top high-yield savings accounts offer more than 10 times the national average.
As of May 29, 2026, the highest savings account rate available from our partners is 4.10% APY. This rate is offered by CIT Bank.
Here is a look at some of the best savings rates available today from our verified partners:
Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate. The Promotion begins on February 13, 2026, and ends May 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions. The promotion can end at any time without notice.
Annual percentage yield (APY) is accurate as of the publish date. Interest rates and APYs are variable and may change without notice. Minimum to open account is $100. Fees could reduce earnings on the account. Member FDIC.
Remember, it’s important to shop around before opening a savings account. Interest rates vary widely, but there are several banks (in particular, online banks) and credit unions with highly competitive offers.
Do online banks have the best savings account rates?
Online banks operate exclusively via the web. This significantly reduces their overhead costs, so they’re able to pass those savings onto customers in the form of high deposit rates and low fees. In fact, many of the best high-yield savings accounts also come with zero monthly fees or minimum opening deposit requirements. If you’re searching for the best savings interest rates, online banks are a great place to start.
That said, online banks aren’t the only place you can find savings accounts with rates that range between 4% and 5% APY. Credit unions are not-for-profit financial cooperatives and are also known for providing competitive rates and fewer fees. Many credit unions have certain requirements that must be met in order to become a member, though there are some that allow just about anyone to join.
Should you open a savings account?
Savings accounts are one of the safest places you can put your money. They’re insured by the FDIC (or the NCUA in the case of credit unions), which means your deposits are protected up to $250,000 if your financial institution fails. They also can’t lose money due to market fluctuations.
However, a savings account isn’t always the right choice. Although today’s savings interest rates are high by historical standards, they still don’t offer the same returns you could achieve by investing your money in the market. For long-term savings goals such as retirement, you need to invest a bulk of your savings in higher-risk (but higher-reward) market investments such as stocks, index funds, and mutual funds to reach your target.
But if you’re saving for a shorter-term goal such as a down payment on a home, vacation, or even an emergency fund, a high-yield savings account is one of the best options. That’s especially true if you want to access your money as needed; other types of high-yield deposit accounts, including money market accounts and certificates of deposit (CDs) place more restrictions on how often you can make withdrawals.
This morning, the Commodity Futures Trading Commission (CFTC) took historic action to permit the listing of a true bitcoin perpetual contract by a CFTC-registered exchange. In doing so, the Commission charted a path for one of the most liquid segments of the crypto asset markets to exist within the U.S. regulatory framework. Having true perpetual contracts in the United States is a major step forward in delivering on President Trump’s goal of cementing America as the crypto capital of the world.
Unlike a traditional futures contract, which was designed for markets that close overnight and on weekends, a perpetual contract (also known as a “perpetual” or “perp”) is a type of derivative contract that has no fixed expiration date. Instead, counterparties periodically exchange a funding rate payment, similar to variation margin, that is designed to maintain relative price parity with the underlying asset’s spot price. In markets that operate 24/7, the lack of an expiration date allows market participants to maintain continuous price exposure without periodic expirations and the associated costs of rolling over contracts.
Perpetual contracts were first theorized in a discussion paper published in 1992 by Nobel-prize-winning economist Robert Shiller. Since then, perpetuals have become a foundational risk-management and price-discovery tool in the global crypto asset markets.
Yet, despite clear market demand and the CFTC’s statutory obligation to promote responsible innovation, the CFTC has – until now – failed to provide a workable pathway for crypto asset perpetuals to exist in a compliant manner in the United States.
As a result, perpetual trading activity has predictably occurred offshore. With liquidity fragmented across foreign platforms, American crypto asset firms were competitively disadvantaged, and U.S. market participants were effectively barred from accessing these markets.
Under my leadership, the CFTC has taken a different approach. One that is consistent with the CFTC’s mandate to promote responsible innovation and fair competition, and one rooted in the belief that responsible innovation requires regulatory clarity.
The Commission’s long-standing, principled oversight of the commodity derivatives market will now include a workable framework for true crypto asset perpetual contracts. This is a framework that can limit excessive leverage, volatility and systemic risk, rather than pushing those risks offshore to unregulated venues.
While today’s approval of the bitcoin perpetual may seem novel, history tells a different story.
For more than a century and a half, America’s commodity futures markets have functioned as a proving ground for innovation and evolved alongside technological progress. From agricultural futures in the nineteenth century, to electronic trading in the twentieth century and bitcoin futures under Trump 1.0, our markets have consistently adapted to new forms of commerce, risk transfer and capital formation. Crypto assets and blockchain-based financial infrastructure represent one of the many next chapters in that story.
In my view, the question was never whether crypto asset perpetual contracts would exist. Instead, the question was whether they would exist under American oversight, American standards and American rule of law.
For too long, bureaucratic regulators approached the new frontier of finance with the assumption that innovation itself represented a threat to the public interest. This decelerationist approach resulted in regulation by enforcement and forced American innovators to flee the U.S. and build beyond our borders.
Fortunately, thanks to the leadership of President Donald Trump, those days are behind us, and the U.S. is now the crypto capital of the world. Today’s action to onshore crypto asset perpetuals was the natural extension of this American achievement and reinforces U.S. leadership in digital financial technology.
Although the work is far from finished, today marks an important milestone.
For the first time, the world’s most sophisticated financial system has opened the door for crypto asset perpetuals to operate within its regulated framework. And while Congress has an important role to play in delivering long-term statutory clarity for crypto asset markets, the CFTC will continue advancing initiatives related to tokenized collateral, crypto asset market structure and prediction markets.
Innovation is coming onshore.
American crypto asset perpetuals are here, and the U.S. will continue to lead in this new frontier of finance.
Valued at a market cap of $613 billion, Exxon Mobil Corporation (XOM) is a Spring, Texas-based company that explores and produces crude oil and natural gas.
Companies worth $200 billion or more are typically classified as “mega-cap stocks,” and XOM fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the oil & gas integrated industry. The company’s primary strength lies in its unmatched corporate scale, industry-leading cost efficiency in premium assets such as Guyana and the Permian Basin, and massive cash flow that fuels heavy long-term investments.
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Despite its notable strength, this energy company has dipped 16.7% from its 52-week high of $176.41, reached on Mar. 30. Moreover, shares of XOM have declined 3.6% over the past three months, underperforming the Dow Jones Industrial Average’s ($DOWI) 3.5% return during the same time frame.
www.barchart.com
Nonetheless, in the longer term, XOM has soared 43.9% over the past 52 weeks, outpacing DOWI’s 20.4% uptick over the same time period. Moreover, on a YTD basis, shares of XOM are up 22.1%, compared to DOWI’s 5.4% surge.
To confirm its recent bearish trend, XOM has been trading below its 50-day moving average since early April, with slight fluctuations. However, it has remained above its 200-day moving average since late August, 2025.
www.barchart.com
On May 1, XOM shares plunged 1% despite posting better-than-expected Q1 results. The company’s revenue of $85.1 billion increased 2.4% year-over-year and came in 4.5% ahead of analyst estimates. Additionally, its adjusted EPS of $1.16 surpassed consensus expectations of $1.07. The quarter reflected the company’s resilience amid ongoing volatility in global energy markets. Management noted that higher oil output from the Permian Basin and Guyana helped counterbalance external pressures, including geopolitical tensions in the Middle East and adverse weather conditions affecting key production areas.
XOM has also outperformed its rival, Chevron Corporation (CVX), which soared 34.6% over the past 52 weeks and 20.1% on a YTD basis
Despite XOM’s recent underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from the 27 analysts covering it, and the mean price target of $164.56 suggests a 12% premium to its current price levels.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Peter Thiel appears to have found a new bug-out spot. He isn’t alone in looking beyond America’s shores.
The PayPal and Palantir cofounder and prominent libertarian has been spending more time in Argentina, The New York Times reported, where he has enrolled his children in school and bought a home in one of Buenos Aires’ wealthiest neighborhoods.
Among the ultrawealthy, that fits a larger pattern. The rich are treating their lives in America like part of an investment portfolio: still worth betting on, but increasingly in need of a hedge.
“There’s a clear trend toward sovereign diversification,” Charlie Garcia, founder of centimillionaire membership club R360, said, including “multiple passports, multiple tax regimes, and at least one ‘Plan B’ jurisdiction in the Southern Hemisphere.”
There are plenty of places competing to become the new billionaire hot spot. Last year, New Zealand saw a spike in American applications after relaxing rules around its golden visa investment program. Costa Rica and Thailand have also seen jumps in the number of high-earning migrants.
And some wealthy people are fully relocating their lives, rather than buying secondary homes abroad. Last year, a record 142,000 high-net-worth individuals — defined as people with over $1 million in liquid assets — migrated to new countries, according to private wealth research firm Henley & Partners. That number is expected to balloon past 165,000 this year.
But migration is only part of the story. For the richest families, the bigger play is optionality.
Garcia said taxes are a major motivator. In California, where many of America’s richest people built their companies, legislators are considering a ballot proposal that could impose a one-time 5% tax on the net worth of billionaires residing in the state. New York City just passed a pied-à-terre tax aimed at high-end secondary homes.
There are also darker, maybe chimerical concerns about political realignments and existential global threats, from artificial intelligence going sideways to nuclear escalation.
“It sounds melodramatic until you’ve sat through the off‑the‑record dinner conversations,” Garcia said. “For that crowd, the Southern Cone looks like a literal and figurative safe distance.”
Still, Argentina is an unusual hedge, Garcia said. The country has a long history of inflation, currency crises, capital controls, and abrupt legal changes — exactly the sort of instability wealthy families typically hate.
That tension may be the point. Argentina does not have to become the next Miami to matter. For the billionaire class, it’s another door they can keep open.
Representatives for Thiel didn’t immediately respond to a request for comment.
