SpaceX IPO bets on Hyperliquid price Elon Musk’s company above $2 trillion before filing
Crypto traders are already assigning Elon Musk’s SpaceX stock a public-market valuation before the rocket and satellite company has filed for an IPO. On May 17, Hyperliquid-powered Trade.xyz launched a SpaceX pre-IPO perpetual futures contract, creating a live, cash-settled market for traders to bet
THORChain exploit turns emergency chain halt into a DeFi trust test
THORChain’s suspected multichain exploit and emergency halt on May 15 has turned into another DeFi security incident, and another test of cross-chain trust. Emergency controls moved through chain-specific halts, Halt All Trading, Halt Signing, Halt Chain Global, Halt Churning, and repeated
A major bank just moved its stablecoin strategy into Wall Street’s hidden financing machine
Societe Generale plans to bring SG-FORGE's EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May 13 move puts the French bank's stablecoin effort closer to the operating layer of
Bitcoin has one level left before macro pressure opens the path to $75k as Treasury yields extend two-day correction
Bitcoin touched $77,711 intraday before recovering to near $78,225, spending a second consecutive session under macro stress as US Treasury yields held near multi-month highs. The 10-year yield reached 4.599%, while the 30-year climbed 11.8 basis points to 5.131%, its highest
Wall Street’s fight with Hyperliquid could decide who controls 24/7 markets
CME Group plans to make its cryptocurrency futures and options trade around the clock beginning May 29, a product line that posted $3 trillion in notional volume in 2025 and is running 46% above that pace year-to-date. ICE's New York Stock
CLARITY Act is not law yet, but the markup is a major retail adoption trust catalyst
The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, and the National Cryptocurrency Association (NCA) says the vote's most enduring effect may be the signal that Washington is building a defined regulatory framework for
Kraken moves Bitcoin to Chainlink as bridge fears spread across DeFi
Kraken is moving its wrapped Bitcoin (kBTC) to Chainlink CCIP as bridge-security fears continue spreading across DeFi, turning the bridge-security debate into a decision about wrapped-Bitcoin infrastructure. In a recent announcement, the exchange said it is deprecating its existing cross-chain provider
US Treasury yields surge to new highs as liquidity tightens, pushing Bitcoin back below $82,000 resistance
Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills. Data from CryptoSlate showed that the top asset was trading at
Strategy has put Bitcoin sales on the table for repurchases – but will it affect BTC price?
Strategy agreed on May 15 to repurchase roughly $1.5 billion principal of its 2029 convertible notes for an estimated $1.38 billion in cash. The firm told investors in its Form 8-K that it may fund the repurchase with available cash reserves,
Markets are moving toward a new global financial crisis. These are the tripwires that would confirm it
A new global financial crisis is not confirmed, but the path toward one is now visible enough to map. The sequence starts with debt and oil before it reaches credit. Long-end sovereign yields and Brent crude are already close enough to
Bitcoin ETF flows reverse as US funds shed $1B amid inflation fears
US-listed Bitcoin ETF flows have suffered their most severe weekly capital flight since the end of January, with investors pulling exactly $1 billion from the products. The primary catalyst for the sudden institutional risk aversion appears to be the shifting US economic
Ripple insider warns XRP holders as fake airdrop scams surge across XRPL
The XRP Ledger (XRPL) is seeing a drastic rise in fraud attempts targeting its users as the network draws more institutional activity, higher transaction volumes, and renewed attention from XRP traders. On May 14, David Schwartz, the former chief technology officer
How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down
Inside a packed Senate hearing room on May 14, the air was heavy with the tension of a high-stakes jurisdictional brawl on the CLARITY Act. What was intended to be a routine legislative markup became a grueling “tick-tock” of procedural maneuvering,
Trump family trust bought Coinbase and these crypto-related stocks in Q1, ethics filing shows
US President Donald Trump's family trust executed hundreds of millions of dollars in financial transactions during the first quarter of 2026, including the acquisition of stocks directly tied to the digital asset industry, even as his administration pushed sweeping, pro-cryptocurrency
Crypto is no longer a single industry, and that may be bullish
Crypto can feel bullish and bearish simultaneously because its major sectors have stopped moving together. Bitcoin collects institutional ETF flows while DeFi contracts, stablecoins expand into payment infrastructure, while altcoins lag, and layer-2 (L2) networks process record volumes while their tokens
JPMorgan’s $30 billion Strategy call exposes Bitcoin’s new market fault line
A May 7 JPMorgan client note estimated that Strategy could buy roughly $30 billion in Bitcoin in 2026 if Michael Saylor's company maintains its current purchasing pace. That figure positions Strategy alongside spot ETF flows and miner supply as a structural
The S&P 500 hitting another all-time high just exposed Bitcoin’s real problem
Traders have been treating Bitcoin as a high-beta proxy for the same risk appetite driving Nvidia and the Mag-7, one that should move with equities on green days. Instead, Bitcoin lost its $80,000 support and registered an intraday low of $78,759.70
Bitcoin traders brace for $1 billion liquidation trap after inflation shock breaks $80,000
Bitcoin’s break below $80,000 has pushed traders toward a crowded leverage zone where a further decline could force about $1 billion of long positions out of the market. According to CryptoSlate data, the largest cryptocurrency fell to as low as $78,725