US Spot Bitcoin ETFs Post $1.039 Billion Weekly Outflow, Ending Six-Week Inflow Streak

Net inflows into US spot Bitcoin exchange-traded funds ended after a six-week streak. Wu Blockchain said on May 18 that US spot Bitcoin ETFs posted combined net outflows of $1.039 billion in the week ended May 15. Spot Ethereum ETFs also recorded net

Iran Launches 'Hormuz Safe' Maritime Insurance Platform Supporting Bitcoin Payments

Iran has launched Hormuz Safe, a maritime insurance platform that supports payments in Bitcoin and other cryptocurrencies. Crypto Briefing reported on May 18 that Hormuz Safe is a state-backed digital platform offering insurance services for ships pa

Bitcoin Retail On-Chain Activity Hits Record Low, Signaling Possible Shift to ETFs

Retail investors’ on-chain activity in the Bitcoin market has fallen to its lowest level on record, according to a CryptoQuant analysis. CryptoQuant contributor Darkfost wrote on May 17 that retail BTC deposit flows to Binance are now “essentially at

Bitcoin Briefly Falls Below $77,000, Wiping Out $500 Million in Long Positions in an Hour

Bitcoin briefly fell below $77,000 after a sharp selloff, triggering a large wave of long liquidations. The Kobeissi Letter wrote on May 17 that Bitcoin slipped under $77,000 at one point amid intense selling. About $500 million of leveraged long pos

Oil Rises for Third Straight Day as US-Iran Talks Stall; Brent Nears $111

International oil prices rose for a third straight trading day as deadlocked talks between the US and Iran continued to fuel supply concerns. Bloomberg reported on May 17 that Brent crude neared $111 a barrel, while West Texas Intermediate topped $10

BitMine Wallets Receive Another 89,026 ETH, Lookonchain Says

BitMine appears to have accumulated another large batch of Ether. Lookonchain said on May 17 that four newly created wallets believed to be linked to BitMine received a total of 89,026 ETH from Kraken and FalconX. The holdings are worth about $197.64

Italy’s Intesa Sanpaolo More Than Doubles Crypto Exposure to $235 Million, Adds Ether and XRP

Intesa Sanpaolo, Italy’s largest bank, more than doubled its cryptocurrency-related investments in the first quarter. The bank’s crypto exposure rose to about $235 million at the end of March from roughly $100 million at the end of 2025, Cointelegrap

a16z Crypto Says CLARITY Act Would Boost US Digital-Asset Innovation

Venture capital firm a16z Crypto said the CLARITY Act, a bill designed to bring regulatory clarity to the US digital-asset market, would help spur innovation in the country. Cointelegraph reported on May 16 that a16z Crypto said providing US develope

Strategy Plans Early Redemption of $1.5 Billion in Convertible Notes Due 2029

Strategy, the largest corporate holder of Bitcoin, plans to redeem about $1.5 billion of convertible notes due in 2029 ahead of maturity. Cointelegraph reported on May 16 that the company disclosed in a filing with the US Securities and Exchange Comm

Moody’s Says Shift to Tokenized Finance Will Start Slowly, Then Accelerate After Tipping Point

Major US banks and financial institutions view a shift to a digital financial system built on asset tokenization as inevitable. Cointelegraph reported on May 14 that Moody’s Ratings said in a report that large banks and financial-market participants

DeFi Development Says Solana per Share Jumped 108% in Past Year

DeFi Development, a Solana treasury strategy company that trades under the ticker DFDV, said its Solana holdings per share rose 108% over the past year. The Block reported on May 14 that the company’s SOL per share increased to 0.0670 from 0.0322 a y

Trump, Xi Stress Cooperation at First Summit, Say US-China Ties Will Improve

President Donald Trump and Chinese President Xi Jinping emphasized cooperation at their first summit, signaling optimism about improved relations between the U.S. and China. Speaking at the Great Hall of the People in Beijing on May 13, Trump said re

Dormant Ethereum ICO Wallet Moves After 10 Years With 7,303x Gain

An Ethereum wallet that participated in the network's initial coin offering has moved for the first time in more than a decade. On May 13, blockchain tracker Lookonchain reported that Ethereum ICO address 0xeD41 transferred its entire 790.17 ETH bala

Fidelity Backs CLARITY Act, Says US Must Preserve Global Digital-Asset Leadership

Fidelity said it supports the CLARITY Act, a US market structure bill for digital assets. Watcher.Guru reported on May 13 that Fidelity backed the legislation, saying it would help the US maintain its global leadership in digital assets. The US Senat

Nvidia Hits Record on Report Jensen Huang Will Join Trump’s China Trip; Market Value Reaches $5.4 Trillion

Nvidia shares hit a record high after reports that Chief Executive Officer Jensen Huang will join President Donald Trump’s trip to China. Cointelegraph reported on May 13 that Nvidia rose above $224.15 intraday after news emerged that Huang would acc

Crypto Funds Draw $858 Million for Sixth Straight Week as Bitcoin Leads

Inflows into cryptocurrency investment products extended to a sixth straight week last week, adding to signs of improving market sentiment. The Kobeissi Letter said crypto funds recorded net inflows of $858 million last week. That brought the cumulat

US Banks Step Up Opposition to Stablecoin Yield Provision, Send 8,000 Letters to Senate

U.S. banks are intensifying their opposition to a compromise proposal on allowing stablecoin issuers to pay yield. Members of the American Bankers Association have sent more than 8,000 letters to Senate offices since last Friday, Eleanor Terrett, hos

Aptos Plans Encrypted Mempool to Strengthen Front-Running, Censorship Protections

Layer-1 blockchain Aptos is preparing to introduce a new feature aimed at protecting transaction details. Aptos wrote on its official X account on May 12 that it plans to roll out an encrypted mempool, which would keep user transaction data from bein

US Spot Bitcoin ETFs Log $27.25 Million of Net Inflows, Led by Morgan Stanley's MSBT

US spot Bitcoin exchange-traded funds attracted more than $20 million in fresh money on May 11, snapping a streak of net outflows. Trader T data showed the funds posted combined net inflows of $27.25 million, reversing two consecutive trading days of

Injective, Musicow US, Republic Partner to Tokenize K-Content Copyrights

Layer-1 blockchain Injective said on May 12 that it formed a partnership with Musicow US and Republic for a real-world asset tokenization business tied to K-content copyrights. The collaboration is designed to convert K-content copyrights into on-cha

Today’s Key Economic and Crypto Events: US April CPI Due

Today’s Key Economic Events ▶︎ May 12 (Tuesday): △US April consumer price index, or CPI (9:30 p.m. Korea time) △US April core consumer price index, or core CPI (9:30 p.m. Korea time) △US April NFIB Small Business Optimism Index (7 p.m. Korea time) To

Ethereum Foundation Details Progress on ‘Glamsterdam’ Upgrade, Reshuffles Protocol Cluster

The Ethereum Foundation disclosed progress on development of “Glamsterdam,” its next network upgrade. Wu Blockchain reported on May 11 that the foundation carried out upgrade-related testing and preparation during an Interop event recently held in Sv

Iran Parliament Speaker Says 14-Point Proposal Is Only Solution, Warns Delay Will Raise US Costs

Iran reiterated its conditions for ending the war and warned against prolonging negotiations. Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, wrote on X on May 11 that there is no alternative to recognizing “the rights of the Iranian people”

Sui Jumps Nearly 50% in a Week on Rising Institutional Demand, Feature Optimism

Layer-1 blockchain Sui has surged nearly 50% over the past week, drawing renewed attention from the market. Cointelegraph reported on May 11 that Sui climbed to as high as $1.41 intraday after trading at about $0.94 on May 4. Trading volume also spik

'To expand the Web3 ecosystem'… Aergo-Fingerlabs sign partnership

Blockchain smart contract platform Aergo (AERGO) announced it has signed a strategic partnership with Fingerlabs, a subsidiary of KOSDAQ-listed FSN. On the 19th (local time), Aergo said on its official blog that it had entered into the partnership wi

"The crypto-asset market resembles the early growth phase of the U.S. stock market"

An analysis has suggested that today’s crypto-asset (cryptocurrency) market is similar to the U.S. stock market in the early 1900s. On the 19th (local time), Jamie Coutts, a crypto-asset market analyst at Bloomberg Intelligence, said, "The current cr