News

HSBC has reported a bond sell-off that has driven the 30-year Treasury yield to 5.19% and the 10-year yield to 4.667%. According to NS3.AI, the Bureau of Labor Statistics announced that the Consumer Price Index (CPI) increased to 3.8% in April, surpassing the consensus forecast of 3.7%. Financial experts Steve Sosnick and Ian Lyngen have cautioned that continued increases in yields could exert pressure on stock markets.

The U.S. Securities and Exchange Commission (SEC) has approved the listing of index options based on Bitcoin prices on Nasdaq. According to ChainCatcher, this development indicates a further integration of Wall Street with the digital asset market.
This new product will offer U.S. stock traders an additional method to speculate on Bitcoin price movements, alongside existing options like the iShares Bitcoin Trust ETF and similar fund options.

The U.S. Securities and Exchange Commission (SEC) has urgently suspended the innovation exemption, intensifying the ongoing regulatory battle with Wall Street. According to PANews, this move raises questions about the future of asset tokenization. The decision comes as the SEC seeks to tighten its oversight on financial innovations, which have been a point of contention between regulators and industry players. The halt of the exemption could impact the development and implementation of tokenized assets, a growing trend in financial markets. Industry stakeholders are now closely monitoring the situation to assess its implications on future financial innovations and regulatory frameworks.

The U.S. Ninth Circuit Court of Appeals has denied the requests from Kalshi and Polymarket to pause enforcement lawsuits in Nevada and Washington state. According to Foresight News, the court ruled that the platforms did not demonstrate that proceeding in state court would cause irreparable harm, nor did they establish that the federal court has jurisdiction over federal issues in these cases. As a result, the lawsuits will continue in state courts.

Bank of America's first-quarter 13F filing disclosed nearly $53 million in cryptocurrency ETF and related concept stock holdings. According to NS3.AI, BlackRock's IBIT was the bank's largest crypto ETF position, valued at approximately $37 million. The filing also indicated significantly reduced Ethereum ETF holdings and approximately $660 million in Strategy shares.

On May 23, 2026, 07:51 AM(UTC). According to Binance Market Data, BNB has dropped below 640 USDT and is now trading at 635.950012 USDT, with a narrowed 3.54% decrease in 24 hours.

Circle has issued approximately 8.1 billion USDC and redeemed around 7.7 billion USDC in the week ending May 21, resulting in a net increase of 400 million USDC in circulation. According to ChainCatcher, the total circulation of USDC now stands at 76.9 billion. The reserves backing USDC amount to approximately 77.1 billion USD, comprising about 45.7 billion USD in overnight reverse repurchase agreements, 18.6 billion USD in Treasury bills with maturities under three months, 12.2 billion USD in deposits at systemically important institutions, and 600 million USD in other bank deposits.

JPYC Corporation, the issuer of the yen stablecoin, has announced the completion of its Series B funding round, raising a total of 5 billion yen (approximately $31.4 million) through two phases. According to PANews, the round saw participation from four new investment entities: Life Design Fund, IHD STRATEGY FUND, Awagin Future Creation Investment Limited Partnership, and Meiji Yasuda Future Co-creation Investment Limited Partnership. The funds will be used to expand the ecosystem in the financial and Web3 sectors, further accelerating the adoption of the JPYC yen stablecoin.

Bitcoin's recent rebound to $82,000 is showing signs of losing momentum, according to XWIN Japan Research. The firm noted that the rally was primarily driven by futures demand rather than spot buying. Additionally, spot Bitcoin ETFs have experienced consecutive net outflows, indicating a shift in investor sentiment. According to NS3.AI, these factors suggest potential challenges for Bitcoin's continued upward movement.

Uniswap has introduced a governance proposal aimed at expanding the protocol's fee collection and destruction infrastructure to BNB Chain and Polygon. According to Odaily, the proposal also seeks to complete the fee activation process on Celo, which was previously unexecuted due to a configuration error.
The proposal outlines setting the V2 protocol fee receiving address on BNB Chain, Polygon, and Celo to TokenJar. It also designates the V3 Factory owner on these chains as V3OpenFeeAdapter. Additionally, Celo will transfer the feeToSetter role and V4 PoolManager ownership to CrossChainAccount. The fees collected on each chain will be aggregated to the respective TokenJar, after which UNI will be bridged back to the Ethereum mainnet and sent to a burn address.

Jeffrey Huang has incurred a loss of around $33 million from his investments in ETH futures. According to NS3.AI, Huang closed the majority of his 25x leveraged ETH long position, with some of his holdings being forcibly liquidated.

The Shanghai Composite Index closed near 4,113 points on Friday, remaining about 33% below its 2007 peak, despite China's significant economic expansion over the past two decades. According to BeInCrypto, China's nominal output has grown roughly sevenfold, and the country posted a record $1.19 trillion trade surplus in 2025. However, the structural gap between China's real economy and its stock market persists, with retail traders dominating daily turnover and institutional investment remaining thin. Additionally, property market challenges and regulatory actions continue to weigh on market performance.

Uniswap is considering expanding its protocol fee buyback and burn mechanism for UNI tokens to include BNB Chain, Polygon, and Celo. According to Foresight News, the proposal utilizes the expedited governance process approved in UNIfication, allowing fee parameter update proposals to bypass the RFC stage and proceed directly to a five-day snapshot phase, followed by on-chain voting.

The global cryptocurrency market cap now stands at $2.58T, down by -0.50% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $74,290 and $77,585 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $74,688, down by -3.34%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include GENIUS, GMT, and COS, up by 33%, 24%, and 23%, respectively.
Top stories of the day:
Michael Saylor Softens 'Never Sell' Stance as Strategy Weighs BTC Disposals
JPYC Raises $31.4 Million in Series B Funding to Expand Yen Stablecoin Ecosystem
Bank of America Reveals $53 Million in Crypto ETF Holdings in Q1
U.S. Court Rejects Kalshi and Polymarket's Request to Halt State Lawsuits
Market movers:
ETH: $2029.14 (-4.40%)
BNB: $639.85 (-2.80%)
XRP: $1.3142 (-3.61%)
SOL: $82.1 (-5.87%)
TRX: $0.36 (-1.42%)
DOGE: $0.09954 (-5.94%)
U: $1.0009 (+0.01%)
WBTC: $74466.8 (-3.30%)
ZEC: $592.38 (-8.62%)
XAUT: $4500.94 (-0.27%)
Top gainers on Binance:
GENIUS/USDT (+33%)
GMT/USDT (+24%)
COS/USDT (+23%)

JPMorgan's blockchain platform, Kinexys, has processed over $1.5 trillion in transactions since its launch in 2020, with daily transaction volumes exceeding $2 billion. According to Odaily, the financial institution applied in May 2026 to launch a tokenized treasury fund using Kinexys infrastructure, aiming to meet reserve asset requirements for stablecoin issuers under the GENIUS Act.
JPMorgan's 13F report for the third quarter of 2025 revealed a 64% increase in its holdings of iShares Bitcoin Trust shares, totaling 5.28 million shares valued at approximately $343 million. Additionally, Kinexys plans to collaborate with Digital Asset to introduce JPM Coin to the Canton Network in 2026, facilitating institutional deposit token settlements on public infrastructure.

The prediction market Polymarket has experienced significant fluctuations in the 'Odd/Even Score' sub-market for the 'Knicks vs. Cavaliers' event. According to ChainCatcher, the probability of the 'Odd' option winning has sharply decreased from 68.5% an hour ago to the current 49.5%, marking a 19% drop. Stakeholders are advised to consider the impact of any sudden news developments.

XRP has been highlighted for its regulatory clarity following the Ripple settlement in 2025, the availability of ETFs, and the adoption of the XRP Ledger. According to NS3.AI, these factors are seen as strengths for XRP. However, concerns have been raised about centralization and competition from Ethereum and Solana in the decentralized applications space.

The U.S. Senate has postponed the vote on the CLARITY Act, a key cryptocurrency market structure bill, due to internal disagreements within the Republican Party over the border security coordination bill. According to Odaily, the Senate was unable to advance the agenda before the Memorial Day recess, necessitating a rescheduling for early June when Congress reconvenes.
The Senate's current schedule is already packed, with pressing issues such as the housing bill, the agriculture bill, and the June 12 deadline for the FISA bill. This congestion may push the consideration of the cryptocurrency market structure legislation to July, potentially affecting its chances of passing before the August recess.
Meanwhile, staff from the Senate Agriculture Committee and the Banking Committee have begun coordinating and integrating the bill's text behind the scenes. Technical drafting work is expected to continue during the recess.

F2Pool co-founder Wang Chun announced on the X platform his decision to participate in SpaceX's first manned Mars flyby mission. According to Odaily, Wang explained that the unveiling of Starship V3 signifies humanity's progress towards multi-planetary existence. During Fram2 training, the team frequently discussed reliable landing methods on Phobos, Mars' moon.
Despite Elon Musk's recent focus shift towards lunar missions and the potential commercialization of space through AI data centers, Wang believes the focus should remain on Mars. He expressed uncertainty about humanity's ability to land on Mars within this generation's lifetime and aims to personally advance this endeavor.
Wang emphasized his intention to purchase a Mars flyby mission to remind SpaceX of the importance of Mars exploration, stating that the Mars plan should not be postponed to future generations. Although the mission will not attempt a landing on Phobos, Wang hopes it will demonstrate to the public that Mars is a reachable and safe destination, not just a distant point seen through telescopes.

The European Central Bank (ECB) has expressed opposition to a proposal advocating for the expansion of euro-denominated stablecoins, according to ChainCatcher. The proposal, discussed at a European Union finance ministers' meeting, suggests easing liquidity requirements for stablecoin issuers and potentially allowing them access to ECB financing. The ECB argues that such measures could undermine the stability of bank deposits, restrict bank lending, and complicate interest rate regulation.
The proposal was introduced by Bruegel in a meeting document, aiming to diversify a market currently dominated by dollar-backed stablecoins. ECB President Christine Lagarde has previously shown caution towards euro stablecoins, favoring tokenized commercial bank deposits instead.
The report also notes that the EU is reviewing the Markets in Crypto-Assets (MiCA) regulation set to take effect in 2024, while the U.S. plans to implement the more lenient GENIUS Act in 2025.

Bitdeer, a Nasdaq-listed Bitcoin mining company, has released its latest Bitcoin holdings data on the X platform. According to Odaily, for the week ending May 22, Bitdeer produced 201.6 BTC through mining activities. However, the company sold an equivalent amount of 201.6 BTC during the same period, resulting in a net addition of zero BTC. Bitdeer continues to maintain a zero Bitcoin holding position.

Stripe has partnered with Tempo to launch the Machine Payments Protocol (MPP), a framework designed to programmatically coordinate payments, enabling features such as microtransactions and recurring payments. According to Foresight News, the protocol allows merchants to receive payments directly from agents using the PaymentIntents API with minimal coding. It supports various payment methods, including stablecoins, fiat currencies, credit cards, and buy-now-pay-later options.

The win probability for Team Falcons in the 'Counter-Strike: Team Falcons vs. MOUZ (BO3) - CS Asia Championship Playoffs' event on Polymarket has experienced significant fluctuations. According to ChainCatcher, the probability for Team Falcons to win has surged from 46.5% to 79.5% within the past hour, marking a 33% increase. This change highlights the impact of recent developments on the market.

Berkshire Hathaway disclosed its portfolio holdings valued at approximately $263.1 billion as of March 31, 2026, according to recent 13F filings. According to NS3.AI, the filings revealed that the company held $1.02 billion in Google shares and $2.6 billion in Delta Air Lines shares by the end of the first quarter. During this period, Berkshire Hathaway divested its positions in Amazon, Visa, Mastercard, and UnitedHealth.

Cointelegraph reports that Strategy chairman Michael Saylor said it is "not unlikely" the company will sell some Bitcoin between now and the end of 2026, marking a further softening of his long-held "never sell" stance. In a podcast interview published Friday, Saylor said the firm is also likely to sell a mix of equity and credit as it manages its balance sheet, adding that Strategy is running multivariate models to optimize for Bitcoin per share over a seven-year horizon. Bitcoin was trading at around $75,958, marginally above Strategy's average purchase price of roughly $75,700 for its 843,768 BTC. Strategy's stock closed Friday at $159.89, down 10.86% over the past 30 days.

Aave has enabled MetaMask debit card users to deposit mUSD from their wallets to earn interest. According to Foresight News, when users make purchases, the debit card converts mUSD stored in Aave into fiat currency, with transactions settled instantly on Linea.

Ostium has announced a partnership with Nasdaq to provide stock perpetual futures utilizing real-time U.S. stock data. According to NS3.AI, Ostium aims to integrate with institutional-grade liquidity, foregoing the creation of individual on-chain order book liquidity for each asset.

Crypto futures experienced significant liquidations amounting to $576 million over the past 24 hours. According to NS3.AI, long positions were particularly affected, comprising 90.94% of the total liquidations.

Brazilian police in São Paulo have confiscated approximately 1,400 Bitcoin mining devices operating illegally in Jundiaí and Louveira. According to Odaily, these devices were powered by nine transformers with a total capacity of 8,470 kVA and were allegedly involved in electricity theft.
Preliminary estimates suggest that the operation illegally consumed around 2 GWh of electricity, an amount sufficient to power 2,000 households for a month. No arrests have been reported at this time.

Israel and Washington have reached an agreement to prohibit Iran from retaining uranium enrichment capabilities, according to Israeli officials. This development comes as Israel's Channel 12 reports that the Israeli military has declared its highest alert to prevent potential escalation with Iran.

Bitmine has been confirmed as part of the preliminary list for the 2026 Russell 3000 Index, according to Odaily. The final inclusion will be confirmed by the end of June. The Russell 3000 Index represents approximately the top 3,000 companies by market capitalization in the U.S. stock market.

Morgan Stanley's spot Bitcoin exchange-traded fund (ETF), MSBT, has increased its Bitcoin holdings by 14.333 BTC, valued at $1.11 million. According to Odaily, this brings the total Bitcoin holdings of the fund to 3,486 BTC, valued at $263 million.

NVIDIA has released its latest financial report, highlighting the impact of the AI computing boom on the storage market. According to PANews, the report coincides with the 16th anniversary of Bitcoin Pizza Day, a significant event in the cryptocurrency community. Additionally, there has been a notable increase in institutional holdings of Hyperliquid, and prominent investor Duan Yongping has initiated a position in Circle. Meanwhile, several core members have recently departed from the Ethereum Foundation.

Dan Romero stated that Tempo is targeting decentralization within two years, with a primary focus on providing payment services to established companies. According to NS3.AI, Romero highlighted the importance of compliance and privacy in Tempo's operations. He identified platform marketplaces and cross-border payments as prominent use cases for stablecoins.

Cold War shelters, once considered historical relics, are gaining renewed significance in Poland as the country accelerates efforts to prepare for a more perilous European landscape. Bloomberg posted on X, highlighting Poland's strategic move to refurbish these shelters in response to escalating geopolitical tensions. The initiative underscores a broader trend across Europe, where nations are reassessing their defense strategies amid growing uncertainties. Poland's actions reflect a proactive approach to national security, aiming to safeguard its citizens against potential threats. This development is part of a larger European effort to bolster defense mechanisms in light of recent global events.

On May 23, 2026, 04:58 AM(UTC). According to Binance Market Data, BNB has dropped below 650 USDT and is now trading at 649.950012 USDT, with a narrowed 1.39% decrease in 24 hours.

Dan Romero, former founder of Farcaster and a member of the Tempo team, recently engaged in discussions with Liu Feng, former founder of Chain News, on topics such as payments, cryptocurrency, and AI agents. According to Odaily, Romero addressed several key issues of interest.
Romero explained the shift from idealistic socialfi products to public chains dominated by large enterprises, noting that the crypto world now consists of stablecoins and more native crypto elements. Tempo and Playbook aim to start with payment services, collaborating with large, established companies to facilitate on-chain payments and business growth. They plan to combine this with DeFi applications to offer yield-generating products for end users.
Tempo does not involve meme coins or similar elements, which is favorable for conservative banks. The platform emphasizes compliance and privacy, which may not appeal to crypto natives but is attractive to banks.
Romero highlighted two clear use cases for stablecoins: platform marketplaces and cross-border payments. He also expressed optimism about micropayments driven by smart agents, suggesting that stablecoin-based micropayments could thrive. Traditional payment methods are too costly for large-scale implementation, and only crypto and streaming payments can meet the required granularity and speed.
Romero expressed respect for Ethereum's commitment to decentralization and its new mission, which he believes is beneficial for the world. However, he noted that businesses are more concerned with practical problem-solving. If Tempo can attract a million enterprises and a billion consumers, it would be positive for both cryptocurrency and Ethereum.
Regarding Tempo's decentralization process, Romero hopes it can be achieved in two years. He emphasized that the team understands the importance of decentralization and is committed to practical application.
On the topic of Machine Payment Protocol (MPP) and X402 protocol, Romero stated that AI agents are indifferent to the differences between the two, as their satisfaction lies in the lack of human intervention.
Tempo's head of the Asian market is now in place and will begin operations in Singapore.

Cryptocurrency analyst Ali stated on the X platform that privacy-focused cryptocurrency Zcash (ZEC) has seen a cumulative increase of over 40% in the past week. According to Odaily, the current price is nearing a critical resistance zone between $700 and $730, which previously triggered a significant pullback in November last year. If ZEC can effectively break through and maintain above this range, it may open up further upward potential. Conversely, if it faces strong selling pressure again, it might repeat the previous pattern of rising and then falling back.

U.S. spot Bitcoin ETFs experienced a net outflow of $105.2 million yesterday, marking the sixth consecutive day of net outflows. According to ChainCatcher, this trend highlights ongoing investor caution in the cryptocurrency market.