Key Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold’s 16% slide from its January 2026 peak of $5,589. Central banks continue net gold purchases, keeping gold bug targets above $5,000
Key Takeaways StablR’s EURR dropped to $0.85, and USDR fell between $0.40 to $0.64 on May 24 after attackers minted unbacked tokens. A 1-of-3 multisig threshold reportedly let attackers hijack minting controls, draining roughly $2.8M in ETH. Onchain observers flagged StablR’s alleged weak multisig setup as a governance risk that MiCA regulation did not prevent.
Key Takeaways. Bitcoin lost $80K as ETF demand cooled; Glassnode sees resistance, with October bottom eyed. Ethereum saw 8 EF exits and 31% staking; Bankless turmoil may spur a new ETH org. Hyperliquid’s HYPE rose 50% on $11M fees; CME pressure and ETF flows are next tests. Bitcoin spent the week grinding downward after losing
Key Takeaways The Libra Trust got 71 apps and will next fund Argentine firms seeking to grow. To fight scam claims, Hayden Davis sent funds on Nov 22 to the trust, which will distribute grants by November. To restore market trust, the fund could next pay Viva La Libertad victims filing claims before Nov 22,
Written by: Michael Handelsman and Alex Forehand for Kelman.Law This research report contains five additional sections. Access the full report for free here and explore the rest of our research reports. Is Crypto a Security? As courts, regulators, and market participants continue to wrestle with applying decades-old legal doctrines to blockchain-based assets, this series breaks
Key Takeaways After 9 Ethereum Foundation departures spooked markets, Simon Dedic says the network must next focus on business. Noting 2 years of unrest over ETH tokenomics, Laura Shin warns the network must next fight for market share. Amid a leadership void, Dankrad Feist next pitches a $1B alternate group to save Ethereum’s market status.
Key Takeaways Regulators moved to set compliance standards for FDIC-supervised payment stablecoin issuers. Proposed requirements include AML/CFT programs, sanctions controls, reporting, and enforcement procedures. The proposal would establish a federal enforcement framework for stablecoin issuers tied to anti-money laundering and sanctions compliance. FDIC Advances Stablecoin Compliance Rule Under GENIUS Act The Federal Deposit Insurance Corporation
Key Takeaways Grayscale named Ethereum, Solana, BNB Chain, and Canton Network as leading beneficiaries of clearer U.S. digital-asset rules. Institutional demand could grow around tokenization, stablecoins, DeFi, and compliant blockchain infrastructure. Regulatory debates may influence where capital flows across competing digital finance networks. Crypto Networks to Benefit From CLARITY Act Passage Grayscale shared a research
Key Takeaways A wallet tied to Arthur Hayes deposited 115,453 HYPE worth $6.33M into Bybit on May 23. The same wallet withdrew the identical HYPE from Bybit one month ago at $39.58, implying a substantial unrealized gain. The Bybit deposit, considered as the first step before selling, stands in contrast to Hayes’ publicly stated $150
Key Takeaways Bitgo is seeking at least $100 million from Galaxy Digital over a failed 2021 merger worth $1.2 billion. Galaxy’s Mike Novogratz testified this week that U.S. regulatory probes did not affect the merger’s approval path. Chancellor Kathaleen McCormick will decide the case after Delaware’s Supreme Court revived it in May 2024. Bitgo CEO