Ethereum analysts said that increasing supply on exchanges and declining ETF demand put ETH at risk of another leg down to $1,700. Market analysts say Ether (ETH) faces “downside risks” that could trigger another 20% downtrend toward $1,700, new analysis said. Key takeaways: Ether’s 40% recovery from multi-month lows below $1,800 was dampened by resistance from the $2,400 level. Read more
While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted. The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday. Now, the bill, for which the crypto industry has heavily lobbied since it was introduced in 2025, will head to the Senate floor for a broader debate. As Cointelegraph reported, over 100 amendments were proposed while lawmakers hashed out the exact language of the bill. These covered a wide range of issues, including ethics, AI sandboxes and stablecoin yields. Read more
Bitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains. Bitcoin (BTC) fell below $80,000 at Friday’s Wall Street open as analysis tied risk-asset weakness to US bond markets. Key points: Read more
BloFin, a prominent global cryptocurrency exchange, has officially opened registration for its highly anticipated trading competition, the WOW (War of Whales) 2026 Grand Prix. May 15, 2026, Press release – BloFin, a prominent global cryptocurrency exchange, has officially opened registration for its highly anticipated trading competition, the WOW (War of Whales) 2026 Grand Prix. Returning bigger and bolder than ever, this year's edition boasts an extraordinary total prize pool of up to $5,000,000 USDT, exclusive luxury giveaways, and a groundbreaking new twist — for the first time, human traders will go head-to-head against AI in a battle to claim the title of the ultimate whale. Under the rallying cry "Squad Up. Beat AI.", WOW 2026 is set to become one of the most dynamic and forward-looking trading events of the year, bringing together crypto traders, elite squads, and algorithmic challengers worldwide. Read more
Polish lawmakers approve a Ministry of Finance-backed crypto bill to implement the EU MiCA framework in a 241–200 vote after repeated vetoes. Polish lawmakers approved a government-backed bill Friday to bring the country’s crypto market under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, after President Karol Nawrocki twice vetoed earlier versions. The vote took place on Friday during the 57th sitting of the Sejm in Warsaw, where lawmakers adopted the legislation in a 241–200 decision, according to official parliamentary records. Backed by the Ministry of Finance, the approved bill (No. 2529) designates the Polish Financial Supervision Authority (KNF) powers to oversee market participants, impose administrative sanctions and temporarily block accounts and transactions. Read more