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US spot-Bitcoin exchange-traded funds posted their largest net outflow in three months. Trader T data showed $630.38 million was pulled from US spot-Bitcoin ETFs on May 13. The outflow extended the streak of net withdrawals to a second straight tradi
An Ethereum initial coin offering, or ICO, wallet that had been dormant for more than a decade has become active again. Lookonchain said on May 13 that Ethereum ICO address 0xeD41 moved its entire 790.17 ETH balance to a new wallet after about 10.8 y
Hyperliquid, the decentralized derivatives platform behind HYPE, is expanding its footprint after posting the largest share of blockchain fees among major networks. The Block reported on May 13 that Hyperliquid accounted for about 43% of the total bl
Coinone said May 14 that it had revamped the interface for its fixed staking service. The update focuses on improving the user interface and experience so users can more intuitively track the progress of staking and unstaking. Coinone added a feature
Sen. John Kennedy, a member of the Senate Banking Committee, plans to vote for the CLARITY Act, a cryptocurrency market structure bill, a move that increases the measure’s chances of advancing. BeInCrypto reported on May 13 that Kennedy intends to su
Bithumb said May 14 that it has launched a “Complete Guide to Voice Phishing” campaign with prevention guidelines for new forms of financial fraud that exploit artificial intelligence. The campaign is part of Bithumb’s monthly Information Security Da
U.S. stocks closed higher on May 13 as strength in artificial intelligence-linked technology shares offset pressure from a hotter-than-expected producer price report. Reuters reported that the S&P 500 and Nasdaq reversed early losses to finish at rec
Key Economic Events Today ▶︎ May 14 (Thursday): △ South Korea's April export and import price indexes and trade balance △ Japan's preliminary first-quarter GDP △ US April retail sales (9:30 p.m. Korea Standard Time) Key Cryptocurrency Events Today ▶︎
Fidelity said it supports the CLARITY Act, a U.S. market-structure bill for digital assets. Watcher.Guru reported on May 13 that Fidelity backs the CLARITY Act and believes the measure would help the U.S. maintain global leadership in digital assets.
Monthly trading volume at decentralized prediction-market platform Polymarket declined in April, while rival Kalshi increased its trading activity and expanded its market share. Cointelegraph reported on May 13 that Polymarket’s US-only trading app r
Ripple Chief Executive Officer Brad Garlinghouse praised the U.S. Senate Banking Committee's efforts to advance the CLARITY Act. Writing on X on May 13, Garlinghouse said the committee was working to move the bill forward and called it "incredible le
Bitcoin has been trading sideways near $80,000, and debate around the U.S. CLARITY Act could provide a short-term catalyst for gains. Cointelegraph reported on May 13 that Bitcoin has traded around $80,000 over the past week, with the 200-day exponen
Bitcoin held firm above $80,000 despite the shock from the latest US consumer price index report, with buyers quickly stepping in, CoinDesk reported. Bitcoin briefly fell to $79,879 after the release of April US CPI data on May 13, before rebounding
Charles Schwab has officially launched Schwab Crypto, a digital-asset trading platform for retail investors. The Block reported on May 13 that the US financial firm had begun offering spot trading in Bitcoin and Ether to some retail clients. The laun
Nvidia shares rose to a record high after reports that Chief Executive Officer Jensen Huang will join President Donald Trump’s trip to China. Cointelegraph reported on May 13 that Nvidia climbed above $224.15 intraday after news broke that Huang woul
US spot Ether exchange-traded funds recorded another day of sizable withdrawals. US spot Ether ETFs saw net outflows totaling $130.6 million on May 12, extending their streak of net withdrawals to two trading sessions, according to Trader T. BlackRoc
Kelp DAO, a decentralized finance platform, and DeFi lending protocol Aave have begun restoring collateral affected by a hacking incident. Cointelegraph reported on May 13 that Kelp DAO burned rsETH, the restaking token used in the attack, on the Arb
International oil prices fell amid uncertainty over a U.S.-Iran ceasefire. Reuters reported on May 12 that Brent crude futures fell 0.76% from the previous session to $106.95 a barrel. West Texas Intermediate futures also slipped 0.65% to $101.52. Th
The US Senate Banking Committee has received more than 100 amendments to the CLARITY Act, a digital-asset market structure bill, ahead of its markup process. Ublockchain, citing a Politico report published on May 12, said lawmakers on the Senate Bank
Nvidia Chief Executive Officer Jensen Huang joined President Donald Trump’s trip to China at the last minute. Bloomberg reported on May 12 that Huang was seen boarding Air Force One during a stop in Alaska. Trump’s business delegation for the China v
Democratic senators have filed an amendment to the CLARITY Act that would tighten limits on stablecoin interest payments. Punchbowl News reporter Brendan Pedersen reported on May 12 that Democratic Senators Jack Reed and Tina Smith submitted the amen
The number of wallets holding at least 10,000 XRP has reached a record high, in a sign that long-term accumulation is continuing. On-chain analytics firm Santiment said May 12 that 332,230 wallets on the XRP Ledger currently hold 10,000 XRP or more,
Bitcoin regained the $81,000 level after recovering some of the losses triggered by U.S. consumer price index data. As of 10:24 a.m. on May 13 in South Korea, Bitcoin was trading at $81,030 on Binance's USDT market, down 0.33% from a day earlier. On
Inflows into cryptocurrency investment products extended for a sixth straight week last week, adding to signs of improving market sentiment. The Kobeissi Letter reported on May 13 that crypto funds recorded net inflows of $858 million last week. That
President Donald Trump said the US does not need China’s help to end the war with Iran. Trump made the remarks to reporters ahead of a summit in Beijing on May 12, Reuters reported. He said he does not believe China’s assistance is necessary to resol
Today's Key Economic Events ▶ May 13 (Wednesday): South Korea's March monetary and liquidity data; South Korea's April employment data; U.S. April producer price index, or PPI (9:30 p.m. Korea time) Today's Key Cryptocurrency Events ▶ May 13 (Wednesd
US banks are escalating their opposition to a compromise proposal on stablecoin yield payments. Eleanor Terrett, host of CryptoAmerica, said member banks of the American Bankers Association have sent more than 8,000 letters to Senate offices since Fr
Bitcoin continued to trade around the $81,000 level after a sharp rise in the U.S. consumer price index pressured sentiment. As of 8:37 a.m. on May 13 in South Korea, Bitcoin was trading at $80,507.90 on Binance's USDT market, down 1.48% from a day e
Inflows into spot XRP exchange-traded funds and exchange-traded products are accelerating, raising expectations that institutional demand is beginning to recover. CoinShares said on May 12 that XRP ETPs posted $40 million of net inflows in the week t
21Shares’ Hyperliquid exchange-traded fund, THYP, logged $1.8 million in trading volume on its first day of trading. James Seyffart, a Bloomberg ETF analyst, wrote on X on May 12 that THYP’s $1.8 million debut volume was a fairly solid result. It was