Crypto

The proposed fund would use covered-call and short-term options strategies designed to generate monthly income alongside Bitcoin exposure through a leveraged structure. Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and short-term options strategies to generate yield alongside Bitcoin exposure. The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call strategies and leverage capped at roughly 25% of net asset value. The strategy is designed to generate income by collecting premiums from short-term options contracts tied to Bitcoin (BTC) price movements. The fund is intended to combine Bitcoin exposure with monthly income generation. The company said the ETF would seek listing approval on Cboe Canada under the ticker symbol BDAY. Read more

TradFi views the breakup of its previously consolidated, centralized liquidity as a “serious structural threat,” said Tiger Research director Ryan Yoon. The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday. "Traditional finance views the breakup of its previously consolidated, centralized liquidity as a serious structural threat,” said Yoon. Read more

Galaxy Digital’s Mike Novogratz reportedly told a court the SEC made it “very difficult” to complete a planned 2021 merger with BitGo. Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021. The planned deal was the largest-ever crypto merger at the time, set to create a massive conglomerate offering a suite of services at a time when investor interest in crypto was high. Galaxy called off the deal in August 2022 as the crypto market was reeling from the collapse of the Terra ecosystem. BitGo has asked Galaxy to pay a $100 million fee for pulling out of the deal and also hid it was being probed by US authorities, while Galaxy has claimed BitGo failed to provide financial information on time. Read more

Fresh inflows into XRP-linked funds and a spike in newly created wallets suggest some traders may be rotating into the token while trimming exposure to crypto’s largest assets.

An executive at tokenization platforms Superstate said the stricter approach suggested by Hester Peirce would enable DeFi to expand without compromising rules in traditional capital markets. US Securities and Exchange Commissioner Hester Peirce has told the crypto industry to cool its expectations about a potential “innovation exemption” to allow tokenized stock trading after a report earlier this week about what it could entail.  Her comments were made after a Bloomberg report on Monday. Brett Redfearn, president of tokenization platform Securitize, expressed concern following the report, arguing that enabling third parties to tokenize stock “without an issuer at the table” could lead to fragmentation issues.  In a post to X on Thursday, Peirce said her expectation has always been that any exemption would be “limited in scope” by only permitting “digital representations of the same underlying equity security that an investor could purchase in the secondary market today.” Read more

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% from its April lows, BTC stalled at the 200-day moving average, pulled back to as low as $76,000, and left the market wondering what the rejection showed about the market's underlying structure. That line, a simple arithmetic average, […] The post Why do Bitcoin traders care so much about the 200-day moving average? appeared first on CryptoSlate.

The entity acquired its BTC stash at prices of almost $120,000, but might be selling at a heavy loss now.

Uncertainty surrounding the current macro environment “appears to be pushing institutions toward hedging strategies while waiting for greater clarity,” said analyst Darkfost. A key indicator of institutional crypto market participation, the Coinbase premium has fallen deeper into negative territory, indicating increased selling pressure from institutions. The Coinbase premium has been mostly negative since late April, but it has fallen much faster over the past seven days and recorded its lowest level this month at -0.0983% on May 21. “Institutional selling pressure has intensified recently,” CryptoQuant analyst Darkfost said on Thursday.  Read more

Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.

The end of the week is upon us again, with another crypto options expiry event as spot markets continue to correct. 

Polymarket has gone dark in India and as per local media reports, Kalshi could be next.

[PRESS RELEASE – Abu Dhabi, UAE, May 22nd, 2026] Up to $10 million buyback program designed to strengthen long-term token circulation structure and support sustainable ecosystem operations. Nexpace, the Abu Dhabi-based blockchain company behind MapleStory Universe (MSU), today announced the launch of an NXPC buyback program of up to $10 million. The initiative is intended […]

CertiK reported earlier this month that criminal wrench attack teams usually consist of three to five people and are often made up of amateurs, while the masterminds are outside the country. Two of the six men accused of attempting to kidnap the wife of Sébastien Borget, the co-founder of The Sandbox, were arrested after calling an Uber to flee the scene, according to local reports.  One of the attackers, disguised as a delivery driver, allegedly convinced Borget’s wife to open the gate at their home in the Île-de-France region in northern France. Then five masked accomplices rushed into the courtyard and tried to force her into a nearby car, Le Journal du Dimanche reported Thursday.  Neighbors intervened, forcing the attackers to flee. Four escaped in the vehicle, while two others fled on foot and ordered an Uber, which was then intercepted by the Meaux Anti-Crime Brigade, according to Le Journal du Dimanche. The two suspects were allegedly found with a replica handgun, cable ties and balaclavas. Read more

CME's XRP futures generated nearly $63 billion in trading volume during their first year.

Under the American Reserve Modernization Act of 2026, Bitcoin must be held for a minimum of 20 years unless used to slash national debt. US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.  The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich. ARMA, sponsored by 16 members of Congress, builds on the BITCOIN Act, which was introduced in July 2024 and updated in March 2025. Read more

Fantasy.top, Everclear and ZERO Network announced they were winding down on Thursday, adding to a growing list of crypto companies that have closed this year. At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding.  Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company Everclear, and Ethereum layer-2 blockchain ZERO Network all announced Thursday that they were winding down, with their products failing to find the right fit in the market or sustain enough revenue. This came the same week Ethereum infrastructure firm Syndicate Labs announced it was winding down after five years in a shrinking rollup market, and crypto ATM company Bitcoin Depot filed for bankruptcy in the US on Monday, citing financial strain and regulatory pressure.  Read more

Data show Bitcoin futures traders are pursuing overhead short positions, raising the chance of a rally to $80,000. A liquidity imbalance in Bitcoin (BTC) is building near $80,000, with more than $4 billion in short positions vulnerable to liquidation above that level. The setup strengthened after Bitcoin defended support near $76,100 for two days and formed bullish signals on the lower time frames.  On the one-hour chart, Bitcoin formed a bullish divergence between the price and the relative strength index (RSI), with improving momentum and higher lows near $76,100, suggesting underlying buying strength. BTC also retested $78,000 on Thursday after defending the $76,100 support level multiple times this week. Read more

Data shows Bitcoin traders cutting short positions and going long despite concerning US macroeconomic data emerging. Is a rally toward $82,000 next? Key takeaways: Bitcoin (BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum after a disappointing outlook from US retailer Walmart and growing signs of a more restrictive US monetary policy. Despite weakening macroeconomic conditions, professional Bitcoin traders increased their bullish exposure. Is a rally to $82,000 the next step? Read more

Blockchain data firm Glassnode mapped the vulnerabilities embedded in Bitcoin’s existing supply, pointing to exchanges as a weak point.

Former Ethereum Foundation researcher Dankrad Feist appeared to take pointed shots Thursday at ETH co-founder Vitalik Buterin.