US Iran Conflict Drives Inflation to Multi-Year Highs as Bitcoin Faces Tighter Monetary Outlook
Rising oil prices from the US-Iran standoff pushed April CPI to 3.8% and PPI to 6.0%, the highest levels since 2023, while Polymarket data shows growing odds the Fed will hold or raise rates in 2026.
Tether Adds Five Billion Dollars to USDT Supply as Rival Stablecoins Shed 4.2 Billion in Market Consolidation
USDT supply grew by over $5 billion in the past month while USDC, USDe, and PYUSD collectively lost $4.2 billion, underscoring Tether’s tightening grip on the $318 billion stablecoin market.
Ripple and Project Eleven Begin Full Quantum Security Audit of XRP Ledger as Industry Prepares for Post-Quantum Transition
Ripple has partnered with quantum security firm Project Eleven to conduct a comprehensive audit of the XRP Ledger’s validators, custody systems, and networking layers, with a four-phase plan targeting quantum resistance by 2028.
South Carolina Governor Signs Comprehensive Bitcoin Rights Bill Banning CBDCs and Protecting Mining Operations
Governor Henry McMaster signed Senate Bill S.163 into law on May 20, 2026, implementing a ban on state acceptance of CBDCs, tax neutrality for digital asset transactions, and protections for mining and self-custody.
Amundi and Spiko Launch Tokenized UCITS Fund on Solana as Institutional Demand for On-Chain Treasury Products Accelerates
Amundi, Europe’s largest asset manager with EUR 2.4 trillion in AUM, has expanded its tokenized UCITS fund to Solana in partnership with Spiko Finance, adding to a multi-chain strategy that now spans eight blockchain networks.
Algorand Returns to Robinhood US Trading as Post-Gensler Regulatory Shift Reopens Retail Access
Robinhood has restored full ALGO trading for U.S. retail users across all 50 states, ending a multi-year restriction that began with the SEC’s 2023 enforcement action against Coinbase.
CFTC Sues Minnesota Over Prediction Market Ban in First Federal Challenge to State Crypto Jurisdiction
The CFTC has filed a federal lawsuit challenging Minnesota’s ban on prediction markets, arguing the state law conflicts with federal jurisdiction over event contracts under the Commodity Exchange Act.
Galaxy Digital Raises CLARITY Act Passage Odds to 75 Percent as Bipartisan Senate Vote Reshapes Crypto Legislation Timeline
Galaxy Digital’s Alex Thorn raises CLARITY Act passage probability to 75 percent after a bipartisan 15-9 Senate Banking Committee vote, with a potential signing timeline targeting early August 2026.
SEC Readies Innovation Exemption for Tokenized Stocks as Wall Street Deepens Blockchain Push
The SEC is finalizing an innovation exemption for tokenized stocks that would allow blockchain-based equity tokens to trade on crypto platforms, according to Bloomberg.
Wintermute Warns Bitcoin Rally Was Leverage-Driven as 200-Day Moving Average Rejection Deepens Macro Concerns
Wintermute, one of the largest algorithmic trading firms in digital assets, has concluded that Bitcoin’s recent rally from April lows was primarily driven by leverage and short covering rather than sustainable spot demand. In a May 18 market update, the firm pointed to the 200-day moving average rejection near $82,200, rising Treasury yields, and a […]
Non-Dollar Stablecoins Struggle to Reach 0.5 Percent of Market as USD Dominance Persists
Non-dollar stablecoins collectively account for less than half a percent of the $318 billion stablecoin market, according to data from CoinGecko and industry analysis published on May 20. Despite a wave of euro-backed, Brazilian real-backed, and yen-backed token launches over the past 18 months, USD-denominated stablecoins continue to command approximately 99.5 percent of total market […]
Ripple Ranks 16th on CNBC Disruptor 50 as Crypto Infrastructure Gains Institutional Ground
Ripple, the blockchain-based payments infrastructure company, has secured the 16th position on CNBC’s 2026 Disruptor 50 list, marking the highest placement by a cryptocurrency-focused firm on this year’s ranking. The annual list, published on May 19, recognized Ripple under the theme of “new money” for its role in modernizing cross-border payment systems through blockchain technology. […]