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The Senate timeline for the CLARITY Act, a US crypto market structure bill, may slip as lawmakers also work through the budget bill and intelligence-related legislation. On May 21, Eleanor Terrett, host of Crypto In America, wrote on X that the CLARI
President Donald Trump said the US government may have to refund part of the tariff revenue it has collected, a comment that put the durability of the policy and the direction of US trade policy back in focus for markets. Walter Bloomberg reported on
The dollar pared its gains as expectations for an agreement between the US and Iran gathered momentum. The prospect of easing tensions in the Middle East also weakened demand for haven assets. Walter Bloomberg reported on May 21 that the US and Iran
Billionaire entrepreneur Mark Cuban said he has sold most of his Bitcoin holdings, voicing disappointment that the cryptocurrency did not serve as a safe-haven asset or effective hedge. CoinDesk reported on May 21 that Cuban said in a recent podcast
Thomas Barkin, president of the Federal Reserve Bank of Richmond, said it may take time for energy prices to stabilize even if the Strait of Hormuz reopens, underscoring concerns that inflation pressures could persist. Walter Bloomberg reported on Ma
Ethereum has fallen 55% from its peak, but buying interest in the market remains limited, according to an analysis that also pointed to concerns about slowing institutional demand. CryptoPotato reported on May 21 that on-chain analytics firm EasyOnCh
Michael Saylor, founder of Strategy, said tokenization technology could fundamentally reshape the structure of financial markets and potentially reduce the role of traditional financial institutions. Saylor told CNBC on May 21 that the core value of
US Representative Nick Begich, a pro-crypto lawmaker, has introduced legislation that would allow Bitcoin to be included in US government reserve assets, as debate continues over creating a strategic national Bitcoin stockpile. Begich wrote on X on M
US Senator Cynthia Lummis, a pro-crypto lawmaker, renewed her call for passage of the CLARITY Act as debate continues in Washington over how to reshape the regulatory framework for digital assets. On May 21, Lummis wrote on X, formerly Twitter, that
Expectations for an early Federal Reserve interest-rate cut are fading rapidly in US financial markets, reinforcing the view that rates will stay higher for longer. As of May 21, prediction market platform Kalshi showed the odds of a Fed rate cut bef
The US government is stepping up efforts to curb Iran’s use of digital assets, Fox Business reported, in a sign that enforcement of sanctions on Tehran is expanding into the crypto sector. Fox Business reported on May 21 that Washington is intensifyi
The US government has allowed the sale of sanctioned vessels tied to Iran, highlighting a possible shift in how it handles the so-called shadow fleet. Walter Bloomberg reported on May 21 that the US issued licenses allowing a large shipbreaking compa
The three major U.S. stock indexes closed higher on May 21. The Nasdaq Composite rose 1.55% from the previous session to 26,270.36. The Dow Jones Industrial Average gained 1.31% to 50,009.35, while the S&P 500 advanced 1.08% to 7,432.89.
The US Navy’s Nimitz carrier strike group has arrived in the Caribbean near Cuba, signaling renewed tensions between Washington and Havana. CNN reported on May 20 that US Southern Command announced the Nimitz strike group had reached the Caribbean ne
The three major US stock indexes turned higher. The Nasdaq Composite was up 1.34% at 26,216.34 as of 4:24 a.m. on May 21. The Dow Jones Industrial Average rose 1.27% to 49,992.20, while the S&P 500 gained 0.97% to 7,424.89.
US lawmakers have introduced a bill to modernize cryptocurrency taxation, as debate continues over expanding the use of digital assets in everyday payments. CoinDesk reported on May 20 that Republican and Democratic lawmakers jointly introduced a rev
Securitize, a company focused on real-world asset tokenization, posted record revenue in the first quarter as the institutional tokenization market continued to expand. The Block reported on May 20 that Securitize generated about $19.5 million in rev
Hester Peirce, one of the U.S. Securities and Exchange Commission’s most prominent pro-crypto voices, will step down in November. Her planned departure is drawing market attention as investors weigh whether the U.S. approach to digital-asset regulati
The Federal Reserve signaled it may need to consider another interest-rate increase if inflation pressures persist, underscoring a more hawkish tilt within the central bank. Minutes of the Federal Open Market Committee released on May 20 showed the F
Crypto custodian Copper is considering a sale of the company at about $500 million, according to a CoinDesk report, as competition intensifies in the institutional digital-asset infrastructure market. CoinDesk reported on May 20 that Copper is review
Iran said it is working with Oman and international bodies to build a security framework for the Strait of Hormuz, as debate continues over maritime traffic controls in the Middle East. Walter Bloomberg reported on May 20 that an Iranian Foreign Mini
Iran called on the US to stop pressuring its ships, underscoring persistent tensions even as Washington and Tehran continue negotiations. On May 20, an Iranian Foreign Ministry spokesman told state television that "the United States must stop its 'pi
Bitcoin (BTC) demand is becoming increasingly reliant on purchases by Strategy and Michael Saylor, raising concerns that institutional and retail investor demand is slowing. Walter Bloomberg reported on May 20 that Strategy has bought more than 171,0
President Donald Trump said the situation involving Iran shows the US is being respected, portraying it as evidence that Washington's influence is growing. The comments reinforced his hard-line stance as US-Iran negotiations continue. Walter Bloomber
On-chain analytics firm Glassnode said part of Bitcoin’s supply could be structurally vulnerable as quantum computing advances, reviving debate over changes to the cryptocurrency’s security architecture. Cointelegraph reported on May 20 that Glassnod
President Donald Trump said negotiations with Iran have entered the final stages, while remaining cautious about whether the two sides will reach a final agreement. Walter Bloomberg reported on May 20 that Trump said the U.S. and Iran are now in the
Macro investor and Real Vision Chief Executive Officer Raoul Pal said artificial intelligence and cryptocurrencies are rapidly reshaping the global economy. He said tokenization and blockchain-based changes to financial infrastructure are also accele
The Israeli military has moved to its highest alert level as tensions involving Iran intensify, raising fresh concerns about a broader conflict in the Middle East. Walter Bloomberg reported on May 20 that Israeli Chief of Staff Eyal Zamir said the mi
Citi said a global oil shock on the scale of the 1970s would require a prolonged closure of the Strait of Hormuz, underscoring persistent concerns over energy supply disruptions. Walter Bloomberg reported on May 19 that the strait may need to remain
The three major U.S. stock indexes closed lower on May 20. The Nasdaq Composite fell 0.84% from the previous session to 25,870.71. The Dow Jones Industrial Average ended down 0.65% at 49,364.31, while the S&P 500 fell 0.64% to 7,355.45.