Industry News

  • Report: BoE Deputy Governor Breeden Signals Retreat on UK Stablecoin Ownership Limits14 May 2026 21:42BoE StablecoinsThe Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may have gone too far. Bank of England Revisits Stablecoin Limits That Industry Called ‘Cumbersome’ Deputy Governor Sarah Breeden, who oversees financial stability at the UK central bank, told […]
  • MTI Liquidators Face 9,441 Claims as $35.8M Estate Shrinks Before Payouts14 May 2026 21:02Liquidators of Mirror Trading International, a massive South African crypto pyramid scheme, have received over 9,441 claims totaling nearly $395 million. Shrinking Assets and Rising Legal Costs Liquidators overseeing the collapse of Mirror Trading International (MTI), once described as South Africa’s largest pyramid scheme, have received 9,441 claims totaling nearly $395 million (6.5 billion rands), […]
  • Jane Street Cuts Bitcoin Exposure by 71% as Ether Position Rises to $82M in Q114 May 2026 20:20Jane Street Cuts Bitcoin Exposure by 71% as Ether Position Rises to $82M in Q1Jane Street sharply reduced several major bitcoin-linked positions during the first quarter while increasing exposure to ether ETFs and selected crypto equities. The portfolio changes came amid heightened market volatility and shifting institutional sentiment toward digital assets. Jane Street’s Crypto Portfolio Shifts Away From Bitcoin Jane Street Group, one of Wall Street’s most influential trading […]
  • Bitcoin Futures Hit $61.9B as Traders Pile Into Both Sides of the Market14 May 2026 19:45Bitcoin futures open interest across all exchanges reached $61.9 billion on Thursday, as traders positioned on both sides of a market sitting at $81,500 per coin at 3 p.m. ET. Options data from Deribit, OKX, and Binance point to $80,000 as the level where the most contracts expire worthless, a figure worth watching heading into […]
  • XRP Hits Session Highs as CLARITY Act Advances to Full Senate14 May 2026 19:02XRP Hits Session Highs as CLARITY Act Advances to Full SenateXRP rallied as buyers pushed the token to fresh session highs, extending gains after a breakout from consolidation. The move came alongside expanding volume, elevated momentum readings, and optimism after the Senate Banking Committee advanced the CLARITY Act, which Ripple publicly supported. XRP Breakout Signals Renewed Bullish Momentum At 2:27 p.m. on May 14, XRP […]
  • Blackrock Leads $635M Bitcoin ETF Selloff as Solana Demand Holds Firm14 May 2026 18:40Crypto ETF markets faced another sharp wave of selling on Wednesday, with bitcoin funds posting their second straight day of heavy outflows and ether ETFs extending their losing streak to three sessions. Solana stood out as the lone area of strength, while XRP products remained inactive. Bitcoin and Ether ETFs Lose $671M as Solana Bucks […]
  • Bitcoin Bulls Trigger $145M Short Squeeze as CLARITY Act Momentum Revives Risk Appetite14 May 2026 18:15After struggling to break $80,000, bitcoin surged more than $2,000 in four hours, peaking above $81,800 and eyeing the $82,000 mark. Bitcoin Reclaims Ground After Volatile Session On May 14, bitcoin reversed course, wiping out losses incurred 48 hours earlier after jumping by approximately $2,000 during a frenzied four-hour window. Market data showed the cryptocurrency […]
  • Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter14 May 2026 17:38Dune LayoffsCrypto data firm Dune has laid off 25% of its workforce, with CEO Fredrik Haga citing a sharpened focus on artificial intelligence (AI)-powered data tools and institutional clients moving onchain. Dune Cuts 25% of Staff, Bets Future on AI and Institutional Onchain Data Haga announced the cuts this week, framing the decision as a restructuring […]
  • Pro-Crypto CLARITY Act H.R. 3633 Passes Senate Banking Committee 15-914 May 2026 17:08Clarity Act Senate Banking CommitteeThe United States Senate Banking Committee took a definitive step toward establishing a national regulatory framework for digital assets on Thursday by advancing the Digital Asset Market Clarity Act. Bitcoin Taps $82K as Senate Banking Committee Advances CLARITY Act Known as the CLARITY Act or H.R. 3633, the piece of legislation moved out of the […]
  • Blackrock’s Onchain BUIDL Fund Secures Top AAA-mf Rating From Moody’s14 May 2026 16:45Blackrock Moody’sMoody’s Ratings has assigned its highest credit rating to Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL), according to a recent announcement. Institutional Grade: Moody’s Assigns Aaa-mf Rating to Blackrock’s BUIDL The agency issued a AAA-mf rating to the fund, also known as BUIDL, on or around May 13, 2026. This classification places the tokenized fund […]