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Статия
Trump Orders Fed to Review Crypto Firms' Access to Payment RailsAccording to CoinDesk, President Donald Trump signed an executive order Tuesday directing federal financial regulators to integrate digital assets and innovative technology into traditional payment systems. The order gives regulators three months to identify rules that unduly impede fintech partnerships with federally regulated institutions, and six months to encourage innovation. It also asks the Federal Reserve to review how uninsured depository institutions and non-bank financial firms access payment accounts, and whether the 12 regional Fed banks can independently grant such access — a provision that may benefit Wyoming special purpose depository institutions. The Independent Community Bankers of America warned that significant regulatory gaps remain between banks and non-bank entities.

Trump Orders Fed to Review Crypto Firms' Access to Payment Rails

According to CoinDesk, President Donald Trump signed an executive order Tuesday directing federal financial regulators to integrate digital assets and innovative technology into traditional payment systems. The order gives regulators three months to identify rules that unduly impede fintech partnerships with federally regulated institutions, and six months to encourage innovation. It also asks the Federal Reserve to review how uninsured depository institutions and non-bank financial firms access payment accounts, and whether the 12 regional Fed banks can independently grant such access — a provision that may benefit Wyoming special purpose depository institutions. The Independent Community Bankers of America warned that significant regulatory gaps remain between banks and non-bank entities.
Статия
SEC Proposes Largest IPO Rule Overhaul in Decades, Letting Newly Public Firms Raise Cash InstantlyAccording to CoinDesk, the U.S. Securities and Exchange Commission has proposed the most sweeping overhaul of registered offering rules in more than 20 years, aimed at reversing a long-term decline in U.S. public listings by cutting compliance costs and simplifying capital raising. The package would allow newly public companies to use shelf registrations immediately after an IPO — scrapping the current roughly one-year waiting period and eliminating the $75 million public float requirement tied to unrestricted shelf offerings. Companies would also be able to pre-register securities and sell shares quickly when market conditions improve, a flexibility that could prove critical for crypto firms operating in volatile markets. The proposal would expand streamlined regulatory accommodations to roughly 75% of listed firms, up from the current 36%, and raise the large accelerated filer threshold from $700 million to $2 billion in public float — with companies needing to exceed it for two consecutive years before facing the SEC's toughest audit and reporting requirements. Newly listed companies would also remain exempt from strictest reporting for at least five years. The reforms do not create crypto-specific rules but signal a broader SEC shift toward encouraging capital formation. The rules are open for 60-day public comment.

SEC Proposes Largest IPO Rule Overhaul in Decades, Letting Newly Public Firms Raise Cash Instantly

According to CoinDesk, the U.S. Securities and Exchange Commission has proposed the most sweeping overhaul of registered offering rules in more than 20 years, aimed at reversing a long-term decline in U.S. public listings by cutting compliance costs and simplifying capital raising. The package would allow newly public companies to use shelf registrations immediately after an IPO — scrapping the current roughly one-year waiting period and eliminating the $75 million public float requirement tied to unrestricted shelf offerings. Companies would also be able to pre-register securities and sell shares quickly when market conditions improve, a flexibility that could prove critical for crypto firms operating in volatile markets. The proposal would expand streamlined regulatory accommodations to roughly 75% of listed firms, up from the current 36%, and raise the large accelerated filer threshold from $700 million to $2 billion in public float — with companies needing to exceed it for two consecutive years before facing the SEC's toughest audit and reporting requirements. Newly listed companies would also remain exempt from strictest reporting for at least five years.
The reforms do not create crypto-specific rules but signal a broader SEC shift toward encouraging capital formation. The rules are open for 60-day public comment.
Статия
Japan Opens Payment System to Foreign Trust-Type StablecoinsJapan's Financial Services Agency (FSA) has finalized rules allowing foreign-issued trust-type stablecoins into its payment system, effective June 1, according to BeInCrypto. This regulatory change reclassifies qualifying foreign trust-type stablecoins as Electronic Payment Instruments under the Payment Services Act, integrating them into Japan's financial infrastructure. The reform requires foreign issuers to meet Japanese standards on licensing, auditing, and anti-money laundering. Domestic intermediaries will verify compliance, with major players like SBI VC Trade preparing for licensed services involving stablecoins such as USDC. This move could accelerate global capital inflows and expand payment applications.

Japan Opens Payment System to Foreign Trust-Type Stablecoins

Japan's Financial Services Agency (FSA) has finalized rules allowing foreign-issued trust-type stablecoins into its payment system, effective June 1, according to BeInCrypto. This regulatory change reclassifies qualifying foreign trust-type stablecoins as Electronic Payment Instruments under the Payment Services Act, integrating them into Japan's financial infrastructure. The reform requires foreign issuers to meet Japanese standards on licensing, auditing, and anti-money laundering. Domestic intermediaries will verify compliance, with major players like SBI VC Trade preparing for licensed services involving stablecoins such as USDC. This move could accelerate global capital inflows and expand payment applications.
Статия
CFTC and DOJ Challenge Minnesota's Prediction Market BanThe Commodity Futures Trading Commission and the US Department of Justice sued Minnesota, Governor Tim Walz and other state officials on Tuesday over what the agencies describe as the nation's first outright ban on prediction markets, The Block reports. The lawsuit, filed less than 24 hours after Walz signed SF 4760 into law, argues that Minnesota is unlawfully attempting to regulate federally overseen derivatives that fall under the CFTC's "exclusive jurisdiction." The CFTC called the ban a "flagrant and unprecedented incursion" and is seeking a preliminary and permanent injunction before the law takes effect on Aug. 1. The complaint also challenges provisions extending criminal liability to banks, payment processors, media organizations and sports leagues — including MLB, the NHL, Fox, Dow Jones and the Wall Street Journal — that partner with prediction market platforms. The suit is the latest escalation in a widening jurisdictional clash that has seen the CFTC sue Illinois, Arizona and Connecticut over similar state-level efforts to restrict platforms like Kalshi and Polymarket.

CFTC and DOJ Challenge Minnesota's Prediction Market Ban

The Commodity Futures Trading Commission and the US Department of Justice sued Minnesota, Governor Tim Walz and other state officials on Tuesday over what the agencies describe as the nation's first outright ban on prediction markets, The Block reports. The lawsuit, filed less than 24 hours after Walz signed SF 4760 into law, argues that Minnesota is unlawfully attempting to regulate federally overseen derivatives that fall under the CFTC's "exclusive jurisdiction." The CFTC called the ban a "flagrant and unprecedented incursion" and is seeking a preliminary and permanent injunction before the law takes effect on Aug. 1.
The complaint also challenges provisions extending criminal liability to banks, payment processors, media organizations and sports leagues — including MLB, the NHL, Fox, Dow Jones and the Wall Street Journal — that partner with prediction market platforms. The suit is the latest escalation in a widening jurisdictional clash that has seen the CFTC sue Illinois, Arizona and Connecticut over similar state-level efforts to restrict platforms like Kalshi and Polymarket.
Статия
Kevin Warsh Sells Major Financial Assets Ahead of Fed Chair RoleKevin Warsh, the designated Chair of the Federal Reserve, has sold a significant portion of his financial assets as part of his commitment to divest before assuming his new role. According to Odaily, recent government documents reveal this move as a crucial step in addressing controversies surrounding his nomination. Warsh, known as one of the wealthiest Federal Reserve officials in history, received an 'Asset Divestiture Certificate' dated May 16 from the U.S. Office of Government Ethics (OGE). The documents indicate that he has sold investments worth at least $100 million, although the underlying assets were not previously disclosed. However, the documents did not include two assets Warsh had pledged to sell before taking office, each valued between $250,000 and $500,000. Warsh's financial disclosure during his nomination process showed assets totaling at least $192 million. Due to the range-based reporting format, it is widely believed that his actual wealth could be higher.

Kevin Warsh Sells Major Financial Assets Ahead of Fed Chair Role

Kevin Warsh, the designated Chair of the Federal Reserve, has sold a significant portion of his financial assets as part of his commitment to divest before assuming his new role. According to Odaily, recent government documents reveal this move as a crucial step in addressing controversies surrounding his nomination.
Warsh, known as one of the wealthiest Federal Reserve officials in history, received an 'Asset Divestiture Certificate' dated May 16 from the U.S. Office of Government Ethics (OGE). The documents indicate that he has sold investments worth at least $100 million, although the underlying assets were not previously disclosed. However, the documents did not include two assets Warsh had pledged to sell before taking office, each valued between $250,000 and $500,000.
Warsh's financial disclosure during his nomination process showed assets totaling at least $192 million. Due to the range-based reporting format, it is widely believed that his actual wealth could be higher.
Статия
Truth Social Withdraws Bitcoin ETF ApplicationTrump Media & Technology Group's Truth Social has filed to withdraw its applications for spot bitcoin and bitcoin-ethereum ETFs, The Block reports, citing SEC filings submitted Monday. The withdrawal covers Form S-1 registration statements originally filed in June 2025. Yorkville America, the funds' sponsor and advisor, said the move is strategic, with President Steve Neamtz stating the Investment Company Act of 1940 framework allows "more differentiated investment strategies" not available under the Securities Act of 1933. Bloomberg analyst James Seyffart suggested the retreat is driven by intense competition in the spot bitcoin ETF market, particularly after Morgan Stanley's MSBT launched at 14 basis points and attracted over $230 million in inflows. U.S. spot bitcoin ETFs have amassed more than $57.7 billion in cumulative inflows since their landmark approval in January 2024.  Truth Social's ETF applications had faced SEC delays, and an approved fund would have added to President Trump's growing crypto-related ventures including memecoins and World Liberty Financial.

Truth Social Withdraws Bitcoin ETF Application

Trump Media & Technology Group's Truth Social has filed to withdraw its applications for spot bitcoin and bitcoin-ethereum ETFs, The Block reports, citing SEC filings submitted Monday. The withdrawal covers Form S-1 registration statements originally filed in June 2025. Yorkville America, the funds' sponsor and advisor, said the move is strategic, with President Steve Neamtz stating the Investment Company Act of 1940 framework allows "more differentiated investment strategies" not available under the Securities Act of 1933.
Bloomberg analyst James Seyffart suggested the retreat is driven by intense competition in the spot bitcoin ETF market, particularly after Morgan Stanley's MSBT launched at 14 basis points and attracted over $230 million in inflows. U.S. spot bitcoin ETFs have amassed more than $57.7 billion in cumulative inflows since their landmark approval in January 2024.
Truth Social's ETF applications had faced SEC delays, and an approved fund would have added to President Trump's growing crypto-related ventures including memecoins and World Liberty Financial.
Статия
Deloitte Absorbs Blocknative to Enhance Web3 InnovationDeloitte has acqui-hired blockchain infrastructure firm Blocknative, with its team set to focus on driving Web3 innovation across the consulting giant's client portfolio, The Block reports. Blocknative, founded in 2018, is now "in the process of ceasing operations," with its API and Gas Network services — which provided real-time mempool monitoring, gas fee prediction and transaction management — expected to operate only through June 19. CEO Matt Cutler said the chapter on "mempool visibility, transaction orchestration, block building, MEV auctions, private order flow, transaction pricing, and more" is closing. It is unclear whether the entire Blocknative team will join Deloitte.

Deloitte Absorbs Blocknative to Enhance Web3 Innovation

Deloitte has acqui-hired blockchain infrastructure firm Blocknative, with its team set to focus on driving Web3 innovation across the consulting giant's client portfolio, The Block reports. Blocknative, founded in 2018, is now "in the process of ceasing operations," with its API and Gas Network services — which provided real-time mempool monitoring, gas fee prediction and transaction management — expected to operate only through June 19. CEO Matt Cutler said the chapter on "mempool visibility, transaction orchestration, block building, MEV auctions, private order flow, transaction pricing, and more" is closing. It is unclear whether the entire Blocknative team will join Deloitte.
Статия
Google Unveils Gemini 3.5 Flash at I/OAccording to TechCrunch, Google launched Gemini 3.5 Flash at its annual I/O developer conference on Tuesday, calling it the company's strongest model yet for coding and autonomous AI agents. DeepMind Chief Technologist Koray Kavukcuoglu said the model outperforms Gemini 3.1 Pro on nearly all benchmarks and runs four times faster than other frontier models, with an optimized version reaching twelve times the speed at the same quality. Google demonstrated agents spawning to build a full operating system inside Antigravity, its agentic development platform. The launch signals Google's shift from conversational AI to agentic AI capable of planning and executing work with minimal human input.

Google Unveils Gemini 3.5 Flash at I/O

According to TechCrunch, Google launched Gemini 3.5 Flash at its annual I/O developer conference on Tuesday, calling it the company's strongest model yet for coding and autonomous AI agents. DeepMind Chief Technologist Koray Kavukcuoglu said the model outperforms Gemini 3.1 Pro on nearly all benchmarks and runs four times faster than other frontier models, with an optimized version reaching twelve times the speed at the same quality. Google demonstrated agents spawning to build a full operating system inside Antigravity, its agentic development platform. The launch signals Google's shift from conversational AI to agentic AI capable of planning and executing work with minimal human input.
SATA Purchases 218 BTC in Two DaysSATA, a subsidiary of Strive, has acquired approximately 218 BTC over the past two days. According to Odaily, if SATA continues this purchasing pace throughout the week, it could surpass its previous weekly record of 371 BTC, as reported by BitcoinTreasuries.NET.

SATA Purchases 218 BTC in Two Days

SATA, a subsidiary of Strive, has acquired approximately 218 BTC over the past two days. According to Odaily, if SATA continues this purchasing pace throughout the week, it could surpass its previous weekly record of 371 BTC, as reported by BitcoinTreasuries.NET.
Статия
IRS Barred from Investigating Trump Family Under New Lawsuit TermsA newly disclosed term in the settlement agreement resolving Donald Trump's $10 billion lawsuit against the IRS permanently bars the federal government from pursuing past tax claims, audits or examinations involving the president, his family and his companies, CNN reports. The clause states the government is "FOREVER BARRED and PRECLUDED" from investigating tax returns filed before the settlement date, including matters that "were raised or could have been raised" and those already pending before the IRS. The one-page addendum was signed by acting Attorney General Todd Blanche — Trump's former personal attorney — and surfaced via a hyperlink attached to a DOJ press release. The settlement also creates a nearly $1.8 billion taxpayer-funded "anti-weaponization" compensation fund administered by a commission whose members are chosen by Trump's attorney general and removable by the president. Trump, his family and their entities agreed not to seek payments from that fund.

IRS Barred from Investigating Trump Family Under New Lawsuit Terms

A newly disclosed term in the settlement agreement resolving Donald Trump's $10 billion lawsuit against the IRS permanently bars the federal government from pursuing past tax claims, audits or examinations involving the president, his family and his companies, CNN reports. The clause states the government is "FOREVER BARRED and PRECLUDED" from investigating tax returns filed before the settlement date, including matters that "were raised or could have been raised" and those already pending before the IRS. The one-page addendum was signed by acting Attorney General Todd Blanche — Trump's former personal attorney — and surfaced via a hyperlink attached to a DOJ press release. The settlement also creates a nearly $1.8 billion taxpayer-funded "anti-weaponization" compensation fund administered by a commission whose members are chosen by Trump's attorney general and removable by the president. Trump, his family and their entities agreed not to seek payments from that fund.
Статия
Zerohash Seeks New Funding Above $1.5 Billion Valuation After Mastercard Drops Investment PlansCrypto infrastructure provider Zerohash is raising fresh capital at a valuation above $1.5 billion after Mastercard abandoned its investment plans, according to CoinDesk, citing people with knowledge of the matter. Mastercard walked away following its $1.8 billion acquisition of UK-based stablecoin infrastructure firm BVNK in March, after earlier advanced talks to acquire the Chicago-based company at up to $2 billion fell through when Zerohash opted to remain independent. Zerohash, which serves more than 5 million users across 190 countries and counts Morgan Stanley, Interactive Brokers, Stripe and BlackRock's BUIDL fund among its clients, was last valued at $1 billion in a $104 million Series D-2 round in September 2025.

Zerohash Seeks New Funding Above $1.5 Billion Valuation After Mastercard Drops Investment Plans

Crypto infrastructure provider Zerohash is raising fresh capital at a valuation above $1.5 billion after Mastercard abandoned its investment plans, according to CoinDesk, citing people with knowledge of the matter. Mastercard walked away following its $1.8 billion acquisition of UK-based stablecoin infrastructure firm BVNK in March, after earlier advanced talks to acquire the Chicago-based company at up to $2 billion fell through when Zerohash opted to remain independent. Zerohash, which serves more than 5 million users across 190 countries and counts Morgan Stanley, Interactive Brokers, Stripe and BlackRock's BUIDL fund among its clients, was last valued at $1 billion in a $104 million Series D-2 round in September 2025.
Bank of England Plans Digitalization with Regulated Stablecoins by 2026The Bank of England's Deputy Governor for Financial Stability, Sarah Breeden, outlined a vision for the digitalization of the UK's financial system at the 2026 London City Week conference. According to ChainCatcher, Breeden emphasized the integration of regulated stablecoins as a key component. The bank plans to release draft rules for systemic stablecoins next month, with finalization expected by the end of the year. Breeden highlighted that future retail payment systems should incorporate various interchangeable currency forms, including digital deposits and stablecoins. She noted that shared ledger technology could reduce payment costs and accelerate processing times by minimizing intermediaries. Additionally, smart contracts could enhance retail payment efficiency through customization, conditionality, and automation. Breeden also stressed the Bank of England's commitment to supporting the responsible adoption of AI technology, particularly in facilitating payments and commercial transactions.

Bank of England Plans Digitalization with Regulated Stablecoins by 2026

The Bank of England's Deputy Governor for Financial Stability, Sarah Breeden, outlined a vision for the digitalization of the UK's financial system at the 2026 London City Week conference. According to ChainCatcher, Breeden emphasized the integration of regulated stablecoins as a key component. The bank plans to release draft rules for systemic stablecoins next month, with finalization expected by the end of the year.
Breeden highlighted that future retail payment systems should incorporate various interchangeable currency forms, including digital deposits and stablecoins. She noted that shared ledger technology could reduce payment costs and accelerate processing times by minimizing intermediaries. Additionally, smart contracts could enhance retail payment efficiency through customization, conditionality, and automation.
Breeden also stressed the Bank of England's commitment to supporting the responsible adoption of AI technology, particularly in facilitating payments and commercial transactions.
Singapore Central Bank Revokes Crypto Firm's LicenseSingapore's central bank has taken the unusual step of revoking the major payment institution license of a local cryptocurrency liquidity provider. According to Bloomberg, this action is part of the city-state's efforts to mitigate risks within the cryptocurrency industry. The revocation marks a rare move by the regulator, highlighting Singapore's cautious approach to managing potential risks associated with the rapidly evolving crypto sector. The decision underscores the central bank's commitment to maintaining financial stability while navigating the complexities of digital currencies.

Singapore Central Bank Revokes Crypto Firm's License

Singapore's central bank has taken the unusual step of revoking the major payment institution license of a local cryptocurrency liquidity provider. According to Bloomberg, this action is part of the city-state's efforts to mitigate risks within the cryptocurrency industry.
The revocation marks a rare move by the regulator, highlighting Singapore's cautious approach to managing potential risks associated with the rapidly evolving crypto sector. The decision underscores the central bank's commitment to maintaining financial stability while navigating the complexities of digital currencies.
Ethereum Foundation Faces Resignations Following Mandate Document ReleaseThe Ethereum Foundation released a 38-page Mandate document on March 13, 2026. Following its publication, several senior contributors either resigned or reduced their involvement with the foundation. According to NS3.AI, social media users have attributed these departures to the document. Protos reported an unverified claim that staff were allegedly required to sign the document or risk termination.

Ethereum Foundation Faces Resignations Following Mandate Document Release

The Ethereum Foundation released a 38-page Mandate document on March 13, 2026. Following its publication, several senior contributors either resigned or reduced their involvement with the foundation. According to NS3.AI, social media users have attributed these departures to the document. Protos reported an unverified claim that staff were allegedly required to sign the document or risk termination.
European Euro Stablecoin Consortium Expands with 25 New BanksQivalis has expanded its European euro stablecoin consortium by adding 25 banks from 15 countries, bringing the total to 37 member institutions. According to NS3.AI, the consortium aims to launch in the second half of 2026 under the European Union's Markets in Crypto-Assets (MiCA) framework. Notable new members include ABN AMRO, Rabobank, Nordea, and Intesa Sanpaolo.

European Euro Stablecoin Consortium Expands with 25 New Banks

Qivalis has expanded its European euro stablecoin consortium by adding 25 banks from 15 countries, bringing the total to 37 member institutions. According to NS3.AI, the consortium aims to launch in the second half of 2026 under the European Union's Markets in Crypto-Assets (MiCA) framework. Notable new members include ABN AMRO, Rabobank, Nordea, and Intesa Sanpaolo.
Crypto Platforms Eye Traditional Markets with Blockchain InnovationsPANews posted on X (formerly Twitter). Blockchain technology is increasingly being applied to traditional financial markets, with platforms like Polymarket and Hyperliquid leading the charge. Polymarket has collaborated with Nasdaq to create a pre-IPO prediction market, while Hyperliquid is using perpetual contracts to price companies like Cerebras and SpaceX ahead of their public offerings. Additionally, the daily trading volume of tokenized stocks has reached new heights. Should regulatory conditions ease, crypto platforms could potentially introduce 24/7 trading, global liquidity, and real-time price discovery to conventional capital markets.

Crypto Platforms Eye Traditional Markets with Blockchain Innovations

PANews posted on X (formerly Twitter). Blockchain technology is increasingly being applied to traditional financial markets, with platforms like Polymarket and Hyperliquid leading the charge. Polymarket has collaborated with Nasdaq to create a pre-IPO prediction market, while Hyperliquid is using perpetual contracts to price companies like Cerebras and SpaceX ahead of their public offerings. Additionally, the daily trading volume of tokenized stocks has reached new heights. Should regulatory conditions ease, crypto platforms could potentially introduce 24/7 trading, global liquidity, and real-time price discovery to conventional capital markets.
AllUnity to Launch Swedish Krona-Backed Stablecoin and AI Payment InfrastructureGerman stablecoin startup AllUnity, supported by DWS, Flow Traders, and Galaxy Digital, plans to introduce a stablecoin backed by the Swedish krona. According to Odaily, the company, based in Frankfurt, announced on Wednesday that its stablecoin, SEKAU, will be fully backed by Swedish krona reserves and issued under the EU's Markets in Crypto-Assets (MiCA) framework. The stablecoin is expected to launch in June, pending final regulatory and operational approvals. In addition, AllUnity has unveiled 'Agent Payments,' a payment system designed for AI-driven transactions. This infrastructure enables businesses to accept payments initiated by autonomous software agents and settle funds directly into local bank accounts.

AllUnity to Launch Swedish Krona-Backed Stablecoin and AI Payment Infrastructure

German stablecoin startup AllUnity, supported by DWS, Flow Traders, and Galaxy Digital, plans to introduce a stablecoin backed by the Swedish krona. According to Odaily, the company, based in Frankfurt, announced on Wednesday that its stablecoin, SEKAU, will be fully backed by Swedish krona reserves and issued under the EU's Markets in Crypto-Assets (MiCA) framework. The stablecoin is expected to launch in June, pending final regulatory and operational approvals.
In addition, AllUnity has unveiled 'Agent Payments,' a payment system designed for AI-driven transactions. This infrastructure enables businesses to accept payments initiated by autonomous software agents and settle funds directly into local bank accounts.
Robinhood Crypto Adds ALGO Trading in New YorkRobinhood has announced that ALGO is now available for trading on its Robinhood Crypto platform, including in the New York area. According to Foresight News, this expansion allows users in New York to access ALGO trading on the platform.

Robinhood Crypto Adds ALGO Trading in New York

Robinhood has announced that ALGO is now available for trading on its Robinhood Crypto platform, including in the New York area. According to Foresight News, this expansion allows users in New York to access ALGO trading on the platform.
Binance Market Update (2026-05-20)The global cryptocurrency market cap now stands at $2.56T, down by -0.02% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $76,145 and $77,636 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $77,500, up by 0.95%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FIDA, PHB, and BANANAS31, up by 31%, 25%, and 23%, respectively. Top stories of the day: Market News: Kevin Warsh Takes Over as Fed Chair Friday as Rate Cut Hopes Hit Historic Lows Crypto News: Investors Rotate Into XRP and Solana as Bitcoin Funds Bleed Nearly $1 Billion Last Week Echo Protocol Hacked for $77 Million in Unauthorized eBTC Minting Attack on Monad Blockchain Market movers: ETH: $2131.52 (+0.73%) BNB: $644.93 (+0.72%) XRP: $1.3712 (-0.17%) SOL: $85.03 (+0.52%) TRX: $0.3571 (+0.65%) DOGE: $0.10378 (-0.18%) WBTC: $77241.47 (+0.87%) U: $1.0009 (+0.05%) ZEC: $582.66 (+4.13%) XAUT: $4478.1 (-1.35%) Top gainers on Binance: FIDA/USDT (+31%) PHB/USDT (+25%) BANANAS31/USDT (+23%)

Binance Market Update (2026-05-20)

The global cryptocurrency market cap now stands at $2.56T, down by -0.02% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $76,145 and $77,636 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $77,500, up by 0.95%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FIDA, PHB, and BANANAS31, up by 31%, 25%, and 23%, respectively.
Top stories of the day:
Market News: Kevin Warsh Takes Over as Fed Chair Friday as Rate Cut Hopes Hit Historic Lows
Crypto News: Investors Rotate Into XRP and Solana as Bitcoin Funds Bleed Nearly $1 Billion Last Week
Echo Protocol Hacked for $77 Million in Unauthorized eBTC Minting Attack on Monad Blockchain
Market movers:
ETH: $2131.52 (+0.73%)
BNB: $644.93 (+0.72%)
XRP: $1.3712 (-0.17%)
SOL: $85.03 (+0.52%)
TRX: $0.3571 (+0.65%)
DOGE: $0.10378 (-0.18%)
WBTC: $77241.47 (+0.87%)
U: $1.0009 (+0.05%)
ZEC: $582.66 (+4.13%)
XAUT: $4478.1 (-1.35%)
Top gainers on Binance:
FIDA/USDT (+31%)
PHB/USDT (+25%)
BANANAS31/USDT (+23%)
DWS and Galaxy-Backed Firm Plans June Launch for SEKAU StablecoinA firm backed by DWS and Galaxy is aiming to launch its SEKAU stablecoin in June, according to CoinDesk. This move comes as Europe seeks to develop regulated local-currency alternatives to U.S. dollar tokens. The introduction of SEKAU is part of a broader effort to enhance the region's financial infrastructure and reduce reliance on dollar-denominated stablecoins.

DWS and Galaxy-Backed Firm Plans June Launch for SEKAU Stablecoin

A firm backed by DWS and Galaxy is aiming to launch its SEKAU stablecoin in June, according to CoinDesk. This move comes as Europe seeks to develop regulated local-currency alternatives to U.S. dollar tokens. The introduction of SEKAU is part of a broader effort to enhance the region's financial infrastructure and reduce reliance on dollar-denominated stablecoins.
Circle Launches CCTP on Stellar Network for USDC TransfersCircle has announced the launch of its Cross-Chain Transfer Protocol (CCTP) on the Stellar network. According to Foresight News, this development allows developers, institutions, and businesses to transfer USDC between Stellar and 23 other supported blockchains using Circle's standard burn and mint infrastructure. The feature facilitates cross-chain transfers, deposits and exchanges, programmatic treasury rebalancing, cross-chain payment settlements, and cross-border payments.

Circle Launches CCTP on Stellar Network for USDC Transfers

Circle has announced the launch of its Cross-Chain Transfer Protocol (CCTP) on the Stellar network. According to Foresight News, this development allows developers, institutions, and businesses to transfer USDC between Stellar and 23 other supported blockchains using Circle's standard burn and mint infrastructure. The feature facilitates cross-chain transfers, deposits and exchanges, programmatic treasury rebalancing, cross-chain payment settlements, and cross-border payments.
Hyperliquid Expands to Include Stocks, Commodities, and Prediction MarketsHyperliquid has evolved from a cryptocurrency exchange into a comprehensive platform that now includes stocks, commodities, and prediction markets, according to PANews.

Hyperliquid Expands to Include Stocks, Commodities, and Prediction Markets

Hyperliquid has evolved from a cryptocurrency exchange into a comprehensive platform that now includes stocks, commodities, and prediction markets, according to PANews.
AI TRENDS | SoftBank CEO Masayoshi Son Believes OpenAI's Sam Altman Leads Key Tech RevolutionSoftBank CEO Masayoshi Son has expressed his belief that Sam Altman, the founder of OpenAI, is at the forefront of the most significant technological transformation of this century. According to Jin10, Son's remarks highlight the growing influence and potential impact of AI technologies on various industries and sectors globally. This statement underscores the importance of AI advancements and the pivotal role that leaders like Altman play in shaping the future of technology.

AI TRENDS | SoftBank CEO Masayoshi Son Believes OpenAI's Sam Altman Leads Key Tech Revolution

SoftBank CEO Masayoshi Son has expressed his belief that Sam Altman, the founder of OpenAI, is at the forefront of the most significant technological transformation of this century. According to Jin10, Son's remarks highlight the growing influence and potential impact of AI technologies on various industries and sectors globally. This statement underscores the importance of AI advancements and the pivotal role that leaders like Altman play in shaping the future of technology.
Solana Approaches Key Support Level Amid Reduced Buying PressureSolana's price reached $84.80 as buying pressure significantly decreased over the past five days, bringing the asset closer to the $83.38 support level. According to NS3.AI, data from Glassnode indicated that the largest cost basis cluster is between $87.10 and $87.81, which is above the current trading price. Meanwhile, demand zones below this level remain sparse, suggesting limited support if the price continues to decline.

Solana Approaches Key Support Level Amid Reduced Buying Pressure

Solana's price reached $84.80 as buying pressure significantly decreased over the past five days, bringing the asset closer to the $83.38 support level. According to NS3.AI, data from Glassnode indicated that the largest cost basis cluster is between $87.10 and $87.81, which is above the current trading price. Meanwhile, demand zones below this level remain sparse, suggesting limited support if the price continues to decline.
Brent and WTI Crude Oil Prices DeclineBrent crude oil prices have decreased by 2.00% during the day, currently trading at $105.37 per barrel. According to Odaily, WTI crude oil has also fallen by $2, now priced at $105.57 per barrel, marking a 1.94% decline.

Brent and WTI Crude Oil Prices Decline

Brent crude oil prices have decreased by 2.00% during the day, currently trading at $105.37 per barrel. According to Odaily, WTI crude oil has also fallen by $2, now priced at $105.57 per barrel, marking a 1.94% decline.
Eurozone April CPI Final Figures to be Released ShortlyThe Eurozone is set to release the final figures for its Consumer Price Index (CPI) for April in ten minutes. According to Jin10, these figures will provide insights into the annual and monthly inflation rates within the region. The CPI data is crucial for assessing inflation trends and guiding monetary policy decisions by the European Central Bank.

Eurozone April CPI Final Figures to be Released Shortly

The Eurozone is set to release the final figures for its Consumer Price Index (CPI) for April in ten minutes. According to Jin10, these figures will provide insights into the annual and monthly inflation rates within the region. The CPI data is crucial for assessing inflation trends and guiding monetary policy decisions by the European Central Bank.
Crypto Market Sees $159 Million in Liquidations Over 24 HoursIn the past 24 hours, the cryptocurrency market experienced liquidations totaling $159 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $99.53 million of the liquidations, while short positions made up $59.56 million. Bitcoin long positions saw liquidations of $20.01 million, and short positions were liquidated for $14.82 million. Ethereum long positions faced $22.81 million in liquidations, with short positions seeing $8.84 million. Additionally, 72,270 traders were liquidated globally during this period, with the largest single liquidation occurring on Bybit's BTCUSD pair, valued at $3.98 million.

Crypto Market Sees $159 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market experienced liquidations totaling $159 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $99.53 million of the liquidations, while short positions made up $59.56 million.
Bitcoin long positions saw liquidations of $20.01 million, and short positions were liquidated for $14.82 million. Ethereum long positions faced $22.81 million in liquidations, with short positions seeing $8.84 million.
Additionally, 72,270 traders were liquidated globally during this period, with the largest single liquidation occurring on Bybit's BTCUSD pair, valued at $3.98 million.
AI TRENDS | OpenAI to Announce New Education Partner Later This YearOpenAI is in the process of selecting its next educational collaboration partner, with an announcement expected later this year. According to Jin10, the organization is actively evaluating potential partnerships to enhance its educational initiatives.

AI TRENDS | OpenAI to Announce New Education Partner Later This Year

OpenAI is in the process of selecting its next educational collaboration partner, with an announcement expected later this year. According to Jin10, the organization is actively evaluating potential partnerships to enhance its educational initiatives.
STOCKS | Intel Shares Rise Over 4% in Pre-Market TradingIntel's stock experienced a significant increase of over 4% during pre-market trading. According to Jin10, this rise comes amid positive market sentiment surrounding the company's recent developments and performance. Investors are closely monitoring Intel's movements as the trading day progresses.

STOCKS | Intel Shares Rise Over 4% in Pre-Market Trading

Intel's stock experienced a significant increase of over 4% during pre-market trading. According to Jin10, this rise comes amid positive market sentiment surrounding the company's recent developments and performance. Investors are closely monitoring Intel's movements as the trading day progresses.
U.S. CPI Rebound and Geopolitical Tensions Impact Rate Cut ExpectationsPANews posted on X (formerly Twitter). The recent rebound in the U.S. Consumer Price Index (CPI) and ongoing geopolitical tensions have diminished expectations for interest rate cuts, leading to a sharp increase in the probability of rate hikes. This has resulted in significant sell-offs in both U.S. and Japanese bond markets, with the yield on 30-year U.S. Treasury bonds surpassing 5.20%. Global stock markets have experienced widespread declines. Ahead of Nvidia's earnings report, market opinions are increasingly divided. Despite technical indicators showing extreme caution, Goldman Sachs maintains a bullish outlook on the company. Meanwhile, Google's stock price has continued to fall following its I/O conference, although storage chip stocks and Bakkt have seen gains against the trend. Bitcoin has experienced a five-day losing streak, with exchange-traded funds (ETFs) witnessing nearly $1 billion in outflows over two days. Macroeconomic pressures continue to suppress risk assets.

U.S. CPI Rebound and Geopolitical Tensions Impact Rate Cut Expectations

PANews posted on X (formerly Twitter). The recent rebound in the U.S. Consumer Price Index (CPI) and ongoing geopolitical tensions have diminished expectations for interest rate cuts, leading to a sharp increase in the probability of rate hikes. This has resulted in significant sell-offs in both U.S. and Japanese bond markets, with the yield on 30-year U.S. Treasury bonds surpassing 5.20%. Global stock markets have experienced widespread declines.
Ahead of Nvidia's earnings report, market opinions are increasingly divided. Despite technical indicators showing extreme caution, Goldman Sachs maintains a bullish outlook on the company. Meanwhile, Google's stock price has continued to fall following its I/O conference, although storage chip stocks and Bakkt have seen gains against the trend.
Bitcoin has experienced a five-day losing streak, with exchange-traded funds (ETFs) witnessing nearly $1 billion in outflows over two days. Macroeconomic pressures continue to suppress risk assets.
Trump Selects Warsh Amidst Divided Federal ReserveU.S. President Donald Trump has chosen Kevin Warsh as the designated Chair of the Federal Reserve, a decision that comes at a time when the central bank is facing internal divisions. According to PANews, the Federal Reserve is grappling with high inflation, rare dissent within the Federal Open Market Committee (FOMC), and a closed window for interest rate cuts. The upcoming FOMC meeting on June 17 may significantly alter market expectations.

Trump Selects Warsh Amidst Divided Federal Reserve

U.S. President Donald Trump has chosen Kevin Warsh as the designated Chair of the Federal Reserve, a decision that comes at a time when the central bank is facing internal divisions. According to PANews, the Federal Reserve is grappling with high inflation, rare dissent within the Federal Open Market Committee (FOMC), and a closed window for interest rate cuts. The upcoming FOMC meeting on June 17 may significantly alter market expectations.
Oil Prices Drop Over 2% as Trump Predicts End to Iran ConflictWTI and Brent crude prices declined by more than 2% on Wednesday following U.S. President Donald Trump's statement that the conflict with Iran would soon conclude. According to NS3.AI, analysts noted that despite this development, market caution persists due to ongoing uncertainties surrounding Middle East supply disruptions. They further indicated that oil prices might remain high even if a resolution is achieved, as supply levels may not rapidly return to those seen before the conflict.

Oil Prices Drop Over 2% as Trump Predicts End to Iran Conflict

WTI and Brent crude prices declined by more than 2% on Wednesday following U.S. President Donald Trump's statement that the conflict with Iran would soon conclude. According to NS3.AI, analysts noted that despite this development, market caution persists due to ongoing uncertainties surrounding Middle East supply disruptions. They further indicated that oil prices might remain high even if a resolution is achieved, as supply levels may not rapidly return to those seen before the conflict.
Iranian President Pezeshkian Assures Uninterrupted Oil Supply Amidst Wartime ConditionsIranian President Pezeshkian has confirmed that the country's oil industry is maintaining uninterrupted fuel production and supply chains despite the current wartime conditions. According to Odaily, this assurance comes amidst recent special circumstances affecting the region.

Iranian President Pezeshkian Assures Uninterrupted Oil Supply Amidst Wartime Conditions

Iranian President Pezeshkian has confirmed that the country's oil industry is maintaining uninterrupted fuel production and supply chains despite the current wartime conditions. According to Odaily, this assurance comes amidst recent special circumstances affecting the region.
Goldman Sachs Sells $1.52 Billion XRP, $500 Million ETH, and $450 Million BTCGoldman Sachs has reportedly sold $1.52 billion worth of XRP, $500 million in ETH, and $450 million in BTC, according to Odaily. The financial institution has also made a purchase of HYPE.

Goldman Sachs Sells $1.52 Billion XRP, $500 Million ETH, and $450 Million BTC

Goldman Sachs has reportedly sold $1.52 billion worth of XRP, $500 million in ETH, and $450 million in BTC, according to Odaily. The financial institution has also made a purchase of HYPE.
Amazon Receives Market Outperform Rating with 22% Upside PotentialCitizens JMP has assigned Amazon a market outperform rating, setting a price target of $315, which suggests approximately 22% upside from Wednesday's opening price of $259. According to NS3.AI, this optimistic outlook comes in the wake of Amazon's recent clean energy initiatives in Nevada. The company has embarked on a 700 MW project and a 100 MW geothermal investment through Zanskar, reflecting its commitment to sustainable energy solutions.

Amazon Receives Market Outperform Rating with 22% Upside Potential

Citizens JMP has assigned Amazon a market outperform rating, setting a price target of $315, which suggests approximately 22% upside from Wednesday's opening price of $259. According to NS3.AI, this optimistic outlook comes in the wake of Amazon's recent clean energy initiatives in Nevada. The company has embarked on a 700 MW project and a 100 MW geothermal investment through Zanskar, reflecting its commitment to sustainable energy solutions.
Ethereum Faces Challenges as Spot ETFs See $255 Million OutflowWintermute has expressed concerns about Ethereum's suitability in the current macroeconomic environment following a 10.2% decline in ETH last week. According to NS3.AI, spot Ethereum ETFs experienced net outflows of $255 million, marking the largest weekly outflow since late January.

Ethereum Faces Challenges as Spot ETFs See $255 Million Outflow

Wintermute has expressed concerns about Ethereum's suitability in the current macroeconomic environment following a 10.2% decline in ETH last week. According to NS3.AI, spot Ethereum ETFs experienced net outflows of $255 million, marking the largest weekly outflow since late January.
Global Markets Await Next Catalyst Amid Mixed PressuresGlobal markets are currently experiencing a mix of short-term pressures and structural resilience. According to Jin10, the marginal impact of the U.S.-Iran confrontation is diminishing, and the market is becoming less sensitive to verbal interventions. Meanwhile, the stance of yen short positions is softening as structural improvements are being repriced. Nvidia's earnings report is about to be released, but even if the results exceed expectations, the risk of profit-taking is accumulating due to high valuations.

Global Markets Await Next Catalyst Amid Mixed Pressures

Global markets are currently experiencing a mix of short-term pressures and structural resilience. According to Jin10, the marginal impact of the U.S.-Iran confrontation is diminishing, and the market is becoming less sensitive to verbal interventions. Meanwhile, the stance of yen short positions is softening as structural improvements are being repriced. Nvidia's earnings report is about to be released, but even if the results exceed expectations, the risk of profit-taking is accumulating due to high valuations.
Ohio Investment Manager Sentenced for $10M Cryptocurrency FraudAn Ohio investment manager has been sentenced to nine years in prison for orchestrating a cryptocurrency fraud scheme that defrauded investors of over $10 million. According to NS3.AI, the U.S. Department of Justice reported that Rathnakishore Giri pleaded guilty to wire fraud in October 2024. Despite awaiting sentencing, prosecutors revealed that Giri continued to solicit funds, leading to further financial losses for investors.

Ohio Investment Manager Sentenced for $10M Cryptocurrency Fraud

An Ohio investment manager has been sentenced to nine years in prison for orchestrating a cryptocurrency fraud scheme that defrauded investors of over $10 million. According to NS3.AI, the U.S. Department of Justice reported that Rathnakishore Giri pleaded guilty to wire fraud in October 2024. Despite awaiting sentencing, prosecutors revealed that Giri continued to solicit funds, leading to further financial losses for investors.
Meta Initiates Global Job Cuts, Focuses on AI IntegrationMeta has reportedly started reducing its workforce in Singapore as part of a broader strategy to eliminate 8,000 positions worldwide. According to NS3.AI, this move is part of Meta's increased emphasis on artificial intelligence. Bloomberg noted that employees in the United States and Europe were also anticipated to receive notifications regarding job cuts that morning.

Meta Initiates Global Job Cuts, Focuses on AI Integration

Meta has reportedly started reducing its workforce in Singapore as part of a broader strategy to eliminate 8,000 positions worldwide. According to NS3.AI, this move is part of Meta's increased emphasis on artificial intelligence. Bloomberg noted that employees in the United States and Europe were also anticipated to receive notifications regarding job cuts that morning.
Hyperliquid Dominates Weekly Protocol Fee Share with $11 Million in FeesHyperliquid has captured a significant portion of the weekly protocol fee share, accounting for 43% after generating approximately $11 million in fees. According to NS3.AI, Ethereum contributed around $3 million, representing 13% of the total, while Solana generated about $2 million, making up 10% during the same period.

Hyperliquid Dominates Weekly Protocol Fee Share with $11 Million in Fees

Hyperliquid has captured a significant portion of the weekly protocol fee share, accounting for 43% after generating approximately $11 million in fees. According to NS3.AI, Ethereum contributed around $3 million, representing 13% of the total, while Solana generated about $2 million, making up 10% during the same period.
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