Today's Crypto Pulse
Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
White House Study Says Stablecoin Yield Ban Won’t Shield Banks, Heightens CLARITY Act Pressure
A White House economic study released Tuesday concluded that prohibiting stablecoin yield products offers minimal protection for banks while curtailing consumer returns. The findings sharpen the fight over the CLARITY Act, putting the Senate Banking Committee under a two‑week deadline to move the bill forward amid competing pressures from regulators, fintech firms and traditional banks.
Hyperliquid’s HYPE Token Surges Above $60 on Institutional ETF Inflows
Hyperliquid’s HYPE token climbed to a fresh all‑time high of $62, pushing its market value past $15 billion. The rally is tied to new institutional ETFs that have amassed over $81 million in assets, underscoring a wave of professional money into the...
Blockchain Researcher Defends Ethereum Foundation, Says It’s ‘Exactly’ Doing Its Job
Blockchain researcher William Mougayar defended the Ethereum Foundation (EF) against recent criticism, emphasizing its role as a protocol steward rather than a marketing engine. He highlighted the EF’s recent activities, including three OTC sales totaling roughly $47 million and unstaking over...
Why Is Bitcoin Falling Despite Pro-Crypto Kevin Warsh Becoming Fed Chair?
Bitcoin slipped to $74,190 on Saturday, its lowest level in more than a month, even as pro‑crypto Kevin Warsh was sworn in as Federal Reserve chair. The decline coincided with the 2‑year Treasury yield climbing to 4.14%, the highest since...
Negative Funding Rates Hint at Potential ZEC, HYPE Pump
$ZEC and ¢HYPE funding rates have turned negative again. Are they preparing for another pump? https://t.co/BkKkI5FiC3
FDIC Approves BSA and Sanctions Rule for Stablecoin Issuers, Targeting $323B Market
The FDIC Board of Directors voted 3‑0 to adopt a proposed rule that imposes Bank Secrecy Act and sanctions compliance standards on permitted payment stablecoin issuers (PPSIs). The rule mandates AML/CFT programs, FinCEN and OFAC reporting, and a $5,000 SAR...
Glassnode Flags $3.2 B Short‑Gamma Exposure as Bitcoin Options Remain Defensive
Glassnode reported that Bitcoin options traders are still heavily hedged, with short‑gamma exposure of roughly $3.2 billion below $75,000 and one‑week implied volatility sliding to 31%. The firm says the skew remains put‑biased, suggesting a heightened risk of sharp downside moves...
ECB Rejects Euro Stablecoin Push, Citing Bank Lending Risks and Digital Euro Tensions
The European Central Bank rebuffed proposals to ease rules for euro‑denominated stablecoins, warning that wider issuance could drain bank deposits, curb lending and complicate interest‑rate policy. The stance deepens a rift with banks and fintech groups as the ECB also...
Overleveraged Bitcoin Traders Lose $574 M as Price Slips to $75,000
CoinGlass data show that over 124,000 Bitcoin traders were liquidated for a total of $574.28 million as the cryptocurrency dropped 3% to $75,000. The bulk of the losses came from bullish long positions, underscoring the fragility of leveraged crypto markets amid...
Analysts Forecast a Bitcoin Crash to the $60K Level, Revisiting 2026 Low
Bitcoin slipped below the $75,000‑$76,000 support zone, prompting analyst Michaël van de Poppe to forecast a decline toward the $60,000 level last seen in February. He warns that without a rebound to at least $76,600, new highs are unlikely, while...
Ethereum Price Prediction Turns Bullish After Glamsterdam Delay as Pepeto Presale Fills Fast
Ethereum slipped to about $2,130 this week, testing support near $2,080 and staying below its 200‑day moving average. The network’s Glamsterdam upgrade has been pushed to the third quarter of 2026, introducing a 200 million gas‑limit floor and parallel processing that...
SEC Clears Nasdaq Bitcoin Index Options, Opening Institutional Crypto Derivatives
The U.S. Securities and Exchange Commission approved Nasdaq’s plan to list Bitcoin index options, allowing institutional investors to trade cash‑settled contracts tied to the CME CF Bitcoin Real‑Time Index. The move adds a broad‑based crypto derivative to Wall Street’s toolbox...
Robinhood Crypto COO Tanya Denisova Exits as Crypto Revenue Plunges 47% to $134M
Robinhood Crypto’s chief operating officer, Tanya Denisova, stepped down after more than five years, coinciding with a 47% year‑over‑year plunge in crypto‑related revenue to $134 million. The exit comes as the SEC postpones its innovation exemption for tokenized U.S. stocks, adding...
Senator Lummis Secures Senate Banking Committee Vote to Advance CLARITY Act
Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, won a Senate Banking Committee vote to advance the Cryptoassets Legal Clarity and Regulatory Improvement Act. The bill seeks to end years of regulatory ambiguity by defining token...
Bitcoin Is Ready to Beat Stocks and Bonds Again After Underperformance Against Wall Street
Bitcoin has broken its 142‑day streak of underperformance against the S&P 500, signaling a potential shift to outperformance over equities, bonds, and gold. Former Credit Suisse portfolio head Mark Connors attributes the change to persistent inflation, elevated oil prices, and a...
Fidelity Oil United Reserve ($FOUR) Announces Public Rollout of Oil-Reserve-Themed Crypto Brand
Fidelity Oil United Reserve ($FOUR) unveiled its official website, X channel, and smart‑contract address, marking the public rollout of its oil‑reserve‑themed meme coin. The project positions itself as a digital crude narrative rather than a generic meme token, aiming to...
Rep. Nick Begich Introduces Bill to Create U.S. Strategic Bitcoin Reserve
Republican Rep. Nick Begich (R‑AK) and Democrat Rep. Jared Golden (D‑ME) introduced the American Reserve Modernization Act, a bipartisan bill that would consolidate all federal Bitcoin holdings into a Strategic Bitcoin Reserve with a mandatory 20‑year holding period. Proceeds from...
Infrastructure, Not Theory, Drives Trillions in Payments
"Trillions don't move on theory. They move on infrastructure that performs when demand hits." already processed $2.4T+ in stablecoin volume, more TRILLIONS to come. max TPS keeps scaling toward what global payments need. built for whats coming 💜
Binance Denies New WSJ Report Alleging $850M in Iran-Linked Transactions
Binance CEO Richard Teng publicly rejected a Wall Street Journal investigation that claims the exchange processed $850 million linked to a sanctioned Iranian financier and the Islamic Revolutionary Guard Corps. The report alleges that accounts tied to Babak Zanjani’s network remained...
Bank of England’s 24/7 Settlement Plan Shows Where Tokenized Finance Can Enter Core Markets
The Bank of England launched a formal consultation to extend the operating hours of its core payments infrastructure, RTGS and CHAPS, toward near‑continuous 24/7 settlement. The phased plan envisions weekend and holiday settlement by 2029, a full 22×6 or 23.5×7...
Polymarket Loses $700,000 After Six‑year‑old Private Key Hack, Spotlighting Web3 DevOps Gaps
Polymarket confirmed a $700,000 loss after a six‑year‑old internal private key was exploited on May 22, 2026. The breach, traced to 16 addresses and multiple exchanges, prompted the firm to rotate the key and shift to KMS‑managed secrets, raising alarm...
South Korea's 22% Crypto Tax Faces Backlash as 50,000 Sign Petition
A petition opposing South Korea's planned 22% tax on cryptocurrency gains has crossed the 50,000‑signature threshold, triggering an official review by the Finance and Economic Planning Committee. The move comes as the country's crypto holdings have halved since early 2025,...
ECB Pushes Back on Euro Stablecoin Proposals, Citing Financial Stability Risks
The European Central Bank rebuffed a Bruegel think‑tank paper that urged looser liquidity rules and ECB funding for euro‑denominated stablecoins. ECB President Christine Lagarde warned that expanding stablecoin issuance could destabilise bank deposits, raise funding costs and blunt monetary‑policy transmission....
Ex-Binance Lawyer Launches AI‑Powered Boutique Firm for Crypto Clients
Teresa Goody Guillén, former head of Baker & Hostetler’s crypto practice and counsel to Binance founder Changpeng Zhao, has founded Bellementis, a boutique law firm that will use a proprietary AI platform to serve crypto‑focused clients. The move signals a...
Bitcoin Tanks to $74,300 as Spot ETFs Bleed $2.26 Billion in Two Weeks
Bitcoin fell to about $74,300, more than 10 % below its early‑May peak, as rising U.S. and global Treasury yields dampened demand for risk‑free, zero‑yield assets. U.S. spot Bitcoin ETFs recorded $2.26 billion of net outflows over the past two weeks, the...
Ripple's RLUSD Stablecoin Targets Faster, Cheaper Global Money Transfers
Ripple introduced the Ripple USD (RLUSD) stablecoin in 2024, a dollar‑pegged token designed to serve as a low‑volatility bridge for international payments. The move could accelerate cross‑border transfers, undercut SWIFT fees and shift demand away from Ripple's native XRP, which...
Hong Kong Executes First Regulated Stablecoin Transaction on Ethereum
Anchorpoint Financial completed the first regulated HKDAP stablecoin transaction on Ethereum on May 13, under the Hong Kong Monetary Authority’s Stablecoins Ordinance. The pilot covered token issuance, fiat redemption and bank settlement, proving the city’s new licensing regime is operational....
Brazilian Gang Raid Reveals a New Crypto-Crime Model: Turning Stolen Power Into Digital Money
Brazilian police raided a Comando Vermelho stronghold in Rio’s Complexo do Lins and uncovered a makeshift crypto‑mining farm of about 30 computers wired to a clandestine power line. The illegal connection supplied roughly 45 kW, saving an estimated $6,400 in monthly...
Top 5 US Bitcoin ETFs Hold Over $95 B
MASSIVE : Over $95B worth of Bitcoin is now held by the top 5 US BTC ETFs. 🚀 https://t.co/0q9lbggZyp
UK Jurisdiction Taskforce Publishes Report on Control of Digital Assets
The UK Jurisdiction Taskforce’s Control Panel released a non‑binding Report outlining how factual control over digital assets is established under English law. Chaired by Lord Justice Zacaroli, the guidance translates the Law Commission’s “third‑category” property concept into practical terms for...
What Are The Financial Crimes In Crypto
Cryptocurrencies have moved from niche experiments to mainstream financial services, with roughly $500 billion flowing annually between traditional banks and crypto firms. Adoption is broad: 36% of U.S. small‑to‑medium businesses now accept Bitcoin, and major corporations such as Microsoft and AT&T...
XRP ETFs Pull $8.9M as Wallet Creations Spike, Bitcoin Funds Bleed $100M
XRP-linked exchange‑traded funds drew $8.88 million in fresh capital and saw 4,300 new wallets created in 24 hours, while Bitcoin ETFs lost $100.9 million in the same session. The contrasting flows suggest investors are rotating toward alternative crypto exposure as the market’s...
DOJ Launches $1 B+ Iran Sanctions Probe Into Binance Amid Ongoing Oversight
The U.S. Department of Justice opened a criminal investigation into Binance, alleging that more than $1 billion in transactions were used to evade Iran sanctions. The probe pits federal prosecutors against a crypto exchange still under a $4.3 billion AML settlement and...
EU Launches MiCA Review Targeting Stablecoins, DeFi and Staking Rules
The European Commission opened a public consultation on May 20 to review the Markets in Crypto‑Assets (MiCA) framework, zeroing in on stablecoin interest restrictions, DeFi protocols, and staking services. The move could lead to a “MiCA 2” overhaul before the July 2026...
The Cryptographic Blueprint: Why Physical Ledger Evidence Defeats Online Crypto Recovery Fraud
The article warns that the surge in crypto‑investment fraud has spawned a parallel market of bogus recovery services promising instant transaction reversals. It explains that blockchain transactions are immutable, so any claim to “undo” a transfer is a scam. Recovering...
What to Do After a Crypto Scam: A Practical Step-by-Step Recovery Guide
The article outlines a realistic, step‑by‑step plan for victims of cryptocurrency scams, emphasizing that blockchain transactions are permanent and cannot be reversed by software. It advises gathering precise transaction data, tracing token movements on public ledgers, and creating a forensic...
Uniswap Deploys Native UNI on Solana, Accelerating Cross‑Chain DeFi Shift
Uniswap has rolled out a native version of its UNI governance token on the Solana blockchain through Sunrise DeFi, replacing the previously wrapped UNI that relied on Wormhole bridges. The move gives Solana users direct access to UNI across wallets...
Is This the Best Crypto to Buy in May 2026 While Institutional Money Floods Back Into the Market
Bitcoin’s spot ETFs surged to a record $2.44 billion in May 2026, pushing BTC above $77,000 and sparking a market rotation into altcoins. Institutional inflows, led by BlackRock’s IBIT ($335 million) and Fidelity’s FBTC ($184 million), signal renewed confidence in crypto assets. Amid...
XRPL Embeds KYC Compliance Directly Into Blockchain Protocol
Most blockchain compliance is bolted on after the fact. XRPL is building it into the network itself. Here's how: A wallet with a permission domain carries its KYC credentials on chain. That wallet gets access to specific ecosystems, order books, or opportunities based...
Bitcoin's Bear Market May Be Shorter, Shallowing
In today’s episode, we discuss whether Bitcoin is in a shorter Bear Market. Historical cycle tendencies suggest we may be seeing diminishing returns to the upside and shallowing Bear Markets. But how does this -53% correction in just over 100...
Bitcoin‑Backed Loans Enter Mainstream Cost‑of‑Capital Debate with 5.5% Fixed Rate
Psalion’s VP of the Americas, Alec Beckman, announced a 5.5% fixed‑rate Bitcoin‑backed loan product with up to 60% loan‑to‑value, positioning crypto collateral alongside traditional debt instruments. The move highlights growing demand from advisors and borrowers to treat Bitcoin as a viable...
Kraken Secures Dubai VARA License to Offer Spot, Margin, OTC and Staking Services
Kraken has been granted a license by Dubai’s Virtual Assets Regulatory Authority, authorizing the exchange to provide spot trading, margin, over‑the‑counter (OTC) desks, staking and its institutional Kraken Prime platform throughout the United Arab Emirates. The approval positions Kraken as...
Zest Protocol Unlocks Trillion‑dollar BTC Lending Market
Bitcoin is the largest idle asset in the world. I backed Zest Protocol because they're the team putting BTC to work. BTC-backed lending is a trillion dollar market and @ZestProtocol has the track record to win it.
SEC Delays Crypto Stock Tokens Amid Wall Street Pushback
The U.S. Securities and Exchange Commission has delayed its planned innovation exemption that would allow crypto firms to trade tokenized versions of U.S. equities. The postponement follows concerns from Wall Street about liquidity fragmentation and investor protection. Tokenized real‑world assets...
SEC Commissioner Peirce Counters Views that Crypto Rule Will Foster Synthetic Tokens
SEC Commissioner Hester Peirce used X to refute circulating rumors that the agency’s pending token‑securities rule will permit synthetic tokens. She emphasized the proposal is limited to digital representations of existing equities, not third‑party synthetic instruments. The rule’s release has...
UNI Fee Burning Expands to BNB, Polygon, and Celo
Time to burn more UNI ❤️🔥 Protocol fees are already live across 9 chains and burning UNI as designed This proposal expands v2 & v3 protocol fees to BNB Chain, Polygon, and Celo
US House Lawmakers Launch Probe Into Kalshi, Polymarket Insider Trading
U.S. House Oversight Chair James Comer has sent letters to the CEOs of prediction‑market platforms Kalshi and Polymarket, demanding internal records on alleged insider trading. The inquiry follows a New York Times report that identified more than 80 trades placed shortly before...
Mark Cuban’s Bitcoin Sale Tests the Gap Between a Failed Hedge and a Surviving Monetary Bet
Entrepreneur Mark Cuban has liquidated most of his Bitcoin holdings, saying the cryptocurrency failed to act as the hedge he expected during recent inflation fears, dollar weakness, and geopolitical tension. Bitcoin is trading around $77,600, roughly 38% below its all‑time...
OKX
Intercontinental Exchange (ICE), the parent of the NYSE, invested in cryptocurrency exchange OKX in March 2026, valuing the platform at $25 billion. The deal grants ICE the right to license OKX’s spot crypto price data and to launch U.S.-regulated futures contracts...
Solana (SOL/USD) - Elliott Wave Analysis
Solana (SOL) has completed a deep corrective phase that bottomed near $8 in 2022, a classic Elliott Wave capitulation point. The analysis argues that this decline finished a major corrective sequence, setting the stage for a new impulsive wave upward....