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The 2026 FIFA World Cup-themed meme coin WORLDCUP has surged past a $10 million market capitalization. In the market for national team-themed tokens, France’s coin has reached the highest valuation, prompting speculation that expectations for the tea
Binance Chief Executive Officer Richard Teng rejected a Wall Street Journal report that raised questions about Iran-linked fund flows, saying the transactions at issue took place before the individuals involved were sanctioned and that the exchange d
The XRP network added 4,300 new wallets in 24 hours, marking the fourth-largest network growth spike of 2026, according to Cointelegraph. Cointelegraph wrote in an X post on May 22, citing on-chain analytics firm Santiment, that XRP logged 4,300 new
Song Eon-seok, floor leader of the ruling People Power Party, said a bill to abolish South Korea’s tax on virtual-asset income should be handled as a priority in the National Assembly during the second half of this year. Song’s office said on May 22
The Coinbase premium, a closely watched gauge of U.S. institutional crypto flows, fell to its lowest level this month. Market participants say the move points to heavier profit-taking and hedging by institutional investors. Cointelegraph reported on
Zero Network, an Ethereum layer-2 project that pitched itself as gas-free, is shutting down. The closure adds to a string of crypto project wind-downs during the recent market slump. Crypto news outlet The Block reported on May 22 that Zero Network,
Dunamu, the operator of digital-asset exchange Upbit, said Friday it has launched “Upbit Skills,” a set of guidance and resources designed to help users more easily use command-line interface, or CLI, functions based on the Upbit application programm
Polymarket is seeking to enter Japan, with the global prediction-market platform appointing a local representative and preparing lobbying efforts to win government approval for the business, Bloomberg reported. The company is pursuing an expansion in
Circle Chief Executive Officer Jeremy Allaire said the company plans to launch cirBTC, a wrapped Bitcoin (BTC) asset, as part of a broader push to expand on-chain financial infrastructure for institutions. In a post on X on May 22, Allaire wrote that
US spot-Bitcoin exchange-traded funds posted net outflows of about $100.81 million in one day, with most of the withdrawals coming from BlackRock's ETF. Data shared by Trader T on X showed the US spot-Bitcoin ETF market recorded total net outflows of
The cryptocurrency market remained largely rangebound, with the real-world asset, or RWA, sector showing relative strength. On-chain data platform SoSoValue said on May 22 that Bitcoin (BTC) fell 0.38% from a day earlier and has traded sideways near
Germany’s Bundestag Finance Committee has rejected a tax overhaul that would have eliminated a capital gains tax exemption for long-term crypto holdings. The decision leaves intact the current rule under which investors in Germany can sell digital as
A wallet linked to Trump Media & Technology Group moved a large amount of Bitcoin to cryptocurrency exchange Crypto.com. BlockBeats, a crypto-focused media outlet, reported on May 22, citing data from on-chain analytics platform Arkham, that a Trump
A large investor believed to be linked to venture capital firm Andreessen Horowitz, or a16z, has added to its Hyperliquid (HYPE) holdings. On-chain analytics firm Lookonchain wrote on X on May 22 that the whale bought another 261,250 HYPE over the pa
Ki Young Ju, chief executive officer of CryptoQuant, said the Bitcoin market has not yet entered a true bull phase. Writing on X on May 22, Ju said, "When a real Bitcoin bull market begins, every signal will be very clear," adding, "We haven't reache
An Iran-linked financial network is suspected of moving large sums through Binance, the world's largest cryptocurrency exchange. The Wall Street Journal reported that Iranian funds used Binance as the risk of a military confrontation with the US incr
Galaxy Digital and crypto custody firm BitGo are continuing a court battle over responsibility for a roughly $100 million breakup fee after their planned $1.2 billion merger collapsed. Bloomberg reported on May 22 that BitGo argued at trial that Gala
Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, will be officially sworn in as Fed chair on the night of May 22. Even with the change in leadership, markets are assigning little chance to a near-term interest-rate cut. Cryp
<Today’s key economic events> ▶ May 22 (Friday): △ University of Michigan May consumer sentiment and inflation expectations (11 p.m. Korea Standard Time) △ The Conference Board’s April Leading Economic Index (11 p.m. Korea Standard Time) △ Speech by
Binance co-founder Changpeng Zhao said Asian countries may build strategic Bitcoin reserves quietly rather than announce them publicly. Wu Blockchain reported in a May 22 post on X that Zhao said Asian countries are more likely to accumulate Bitcoin
Coinbase, the US cryptocurrency exchange, plans to launch thematic perpetual futures tied to artificial intelligence, China and the US national security industry. The move is part of the company’s broader push into derivatives linked to traditional f
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu held a tense phone call over a proposal to end the war with Iran, according to a report. Israel is concerned that any agreement between the US and Iran could block further strikes o
Harvard Management Company, which oversees Harvard University’s endowment, sold its entire stake in a spot Ether exchange-traded fund after holding it for just one quarter. The move comes as Ether remains under pressure and turmoil within the Ethereu
President Donald Trump renewed his insistence that the US will secure Iran’s highly enriched uranium, putting Middle East risk back into focus for markets. Iran is maintaining its refusal to send the nuclear material abroad, raising the prospect of a
Bitcoin remained directionless as uncertainty over interest rates offset hopes for a Middle East ceasefire and optimism over policy support. In the near term, it is expected to stay range-bound between about $76,000 and $80,000. As of 5:32 p.m. on Ma
Crypto market maker Wintermute has launched Armitage, a vault-curation platform for decentralized finance, or DeFi. The Block reported on May 19 that the platform is designed to let institutional investors gain indirect exposure to DeFi lending and l
Bitcoin rewards platform Lolli has launched a feature that automatically gives users Bitcoin cashback on debit and credit card purchases. Lolli is offering the card-linked rewards service through a partnership with commerce media network Kard, The Bl
NATO is weighing possible military intervention if the closure of the Strait of Hormuz drags on. Walter Bloomberg reported on May 19 that the alliance will review deployment options if the strait has not returned to normal operations by July. The Str
Iran has reiterated its readiness for a military response as tensions with the US continue to escalate. BlockBeats, a cryptocurrency-focused media outlet, reported on May 19 that Iran's deputy foreign minister said the country is prepared to respond
Polymarket is launching prediction markets tied to private companies. Reuters reported on May 19 that Polymarket is partnering with Nasdaq Private Market to introduce contracts linked to private-company performance. Prediction markets allow users to