Weekly Editor's Picks covered prediction markets, policy, stablecoins, DeFi, security and weekly news, including Polymarket and Kalshi commanding 97.5% of volume. The roundup also highlighted a possible SEC innovation exemption for stock token trading this week.
On-chain analyst Ai Yi said an address placed a $20.68 million ETH limit buy order on Cowswap on April 20. Ai Yi said 3,942.3 ETH has filled today for $8.15 million at a $2,067 average price.
High fuel prices test limits of summer vacation spending https://www.cnbc.com/2026/05/23/summer-travel-gas-airfare.html?taid=6a1199d089c60900011c278b&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
Rising U.S. Treasury yields are weakening investor sentiment for high-risk assets like Bitcoin. U.S. spot BTC ETFs recorded about $1.26 billion in net outflows this week. Combined net outflows over the past two weeks surpassed $2.26 billion.
Fifty years after Janet Guthrie fought for a spot at Indy, the sport still hasn’t seriously committed to putting women on the grid, writes @AdamMinter (via @opinion) https://www.bloomberg.com/opinion/articles/2026-05-23/the-indy-500-s-lack-of-women-drivers-is-stunning?taid=6a11991da88c2900017132c7&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
HYPE Tops $60 as ETF Demand Supports Hyperliquid Rally
HYPE crossed $60 for the first time and reached $62, lifting the token to a 120% year-to-date gain. DeFiLlama data showed Hyperliquid's total value locked surpassed $5 billion. Bitwise and 21Shares launched HYPE-linked ETFs earlier this month, and SoSoValue data indicates the products manage $81.13 million in assets.
Ships using Iran's new, tiered mechanism to pass through the Strait of Hormuz are sometimes paying so-called security and navigation fees, which vary according to cargo, a senior Iranian official told Reuters. The official said some countries are exempt https://reut.rs/42HNk6O
Bithumb will temporarily suspend USDT withdrawals via the Tron network starting at 11:25 a.m. UTC today. The exchange said the suspension is due to a system check on its Tether wallets.
Iran's Foreign Ministry spokesperson said differences between the US and Iran remain significant. Iran's Foreign Minister also held a second meeting with Pakistan's Army Chief of Staff after earlier discussions on Iran's proposals.
Lookonchain reported that an early Ethereum holder purchased 3,942 ETH for $8.08 million over the past 24 hours. The address bought at an average price of $2,049.
Iran's foreign minister held a second meeting with Pakistan's army chief of staff, according to Iranian state TV. An Iranian Foreign Ministry spokesperson said significant differences remain between the U.S. and Iran.
ECB Resists Euro Stablecoin Expansion Over Stability Risks
The European Central Bank warned EU finance ministers that euro stablecoin expansion could weaken bank lending, while euro tokens represent 0.3% of total stablecoin supply. A Bruegel policy paper proposed easing issuer liquidity requirements and potentially giving stablecoin issuers access to ECB funding. ECB President Christine Lagarde said financial stability risks and weaker monetary policy transmission outweigh the benefits.
An early Ethereum OG address has accumulated 3,942 ETH worth approximately $8.08 million during the market decline. The address bought at an average price of around $2,049 and is expected to keep increasing its holdings.
GameStop CEO Ryan Cohen questioned eBay’s $2.4 billion sales and marketing spend after eBay posted a marketing effectiveness role. The comments followed eBay’s rejection of GameStop’s $56 billion acquisition offer and eBay’s suspension of Cohen’s seller account.