The CLARITY Act cleared the Senate Banking Committee 15 to 9 on May 14, but analysts say significant obstacles remain before it can become law. Summary The CLARITY Act cleared the Senate Banking Committee in a 15 to 9 bipartisan vote, with all 13 Republicans and two Democrats voting in favour. The bill still needs…
The warning came amid a growing number of scams within the entire market. The cryptocurrency industry has certain negative aspects, such as the growing number of bad actors trying to exploit victims following popular projects with giveaway or airdrop scams by typically impersonating key members of their teams. Pi Network’s only official X channel…
Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Summary Connex unlocked 1.32 million CONX tokens valued at approximately $17.95 million on May 15, 2026. The unlock represents 1.49% of Connex’s released supply, with 822,500 tokens allocated to the ecosystem. The remaining 500,000 CONX tokens from the…
XRP is trading at $1.43, rising above the most technically significant resistance cluster it has faced in months. The price has simultaneously broken the 100-day MA and the descending channel’s upper boundary on the USDT pair, while the BTC pair breaks above a short-term resistance level. For the first time this cycle, both pairs are…
CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. Summary CME Group and ICE, the NYSE parent, asked the CFTC and Congress to investigate Hyperliquid for manipulation and sanctions risks. Hyperliquid’s HYPE token fell roughly 6%, dropping from above $45 to below $43 following Bloomberg’s report….
The launch comes only days after another HYPE ETF, 21Shares’ THYP, started trading, racking up $1.8M on its debut. Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token. The ETF will start trading on May 15 under the ticker BHYP on the New York Stock Exchange (NYSE). Capitalizing…
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is…
The $1,071 level was identified as a strong Ethereum buying zone. Ethereum (ETH) has now erased nearly all of the gains it posted earlier this month after facing renewed selling pressure across the market. Its latest weekly sell signal has also raised concerns that another sharp corrective phase, similar to previous declines, could be…
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans to launch a UK private banking unit this summer with a £500,000 deposit threshold. The…
Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down roughly 4% from Thursday’s $82,000 high, as bond yields hit their highest since May 2025. The 10-year Treasury yield reached 4.54% while Fed rate hike probability surpassed 44% according to…
