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Washington Takes Fresh Aim At Crypto Taxes With New IRS Review Bill
Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. Those numbers, cited by the crypto exchange last month, have added weight to a growing call in Congress to rethink how sm...NewsBTC
Thu, May 21
Evernorth Says RLUSD Is Not An XRP Killer: Here’s Why
Evernorth Chief Business Officer Sagar Shah has pushed back on the idea that Ripple’s dollar-backed stablecoin RLUSD could replace XRP, arguing that the two assets are designed for different roles in on-chain finance. In a May 20 blog post, Shah said RLUSD can serve as a high-quality digital dollar,...Bitcoinist
Thu, May 21
Hyperliquid Flips Solana By FDV As ‘Revenue Chains’ Race Heats Up
Hyperliquid has overtaken Solana on a fully diluted valuation basis, according to Arkham, adding a new market marker to one of crypto’s most closely watched comparisons: the rise of application-heavy, revenue-generating chains. Arkham summarized the move directly on X, writing: “Hyperliquid has flip...NewsBTC
Thu, May 21
By The Numbers: How Much Bitcoin Supply Is Exposed To Quantum Risk?
Analytics firm Glassnode has broken down how much of the Bitcoin supply is at risk due to Quantum Computing and what its composition looks like. 6.04 Million Bitcoin Is Estimated To Be Exposed To Quantum Risk In a new X article, Glassnode has talked about the part of the Bitcoin supply in circulatio...Bitcoinist
Thu, May 21
European Commission Launches Crypto Rules Review As Euro Stablecoin Project Gains Support
As market dynamics evolve and pressure builds to strengthen Europe’s position in the global crypto economy, the European Commission (EC) has launched a review of its landmark crypto framework to keep pace with the evolving digital asset landscape. Related Reading: XRP ‘Under Heavy Resistance’ After ...NewsBTC
Thu, May 21
Bitcoin Quantum Exposure: Glassnode Says 30% of Supply Is Highly Vulnerable
A new study by Glassnode is putting fresh focus on a security risk for the wider Bitcoin (BTC) ecosystem—one that relates not to today’s cryptography, but to what could happen if quantum computers become powerful enough to run the right algorithms. According to the research, 6.04 million Bitcoin, or...Bitcoinist
Thu, May 21
ZEC Hits Six-Month High as SEC Ends Zcash Foundation Probe
Zcash jumped over 17% on Wednesday to reach a high of $690, a price level not seen since November last year. This rally took place on the back of the news that the U.S. Securities and Exchange Commission had closed its investigation into the nonprofit without enforcement action. The news confirmed by the Zcash Foundation’s...Cryptopolitan
Thu, May 21
Bitcoin Rally May Have Been A Trap – Here’s What Demand Data Reveals
Bitcoin is struggling as the price loses the $80,000 level and the market faces a wave of selling pressure that has erased the confidence built during weeks of recovery. The breakdown raises an immediate question that a CryptoQuant report has now answered with uncomfortable precision: what was actua...Bitcoinist
Thu, May 21
Bitcoin ETF Inflows Are Underperforming In 2026, Data Shows
Data shows the Bitcoin spot exchange-traded funds (ETFs) have witnessed capital inflows lag this year relative to 2025 and 2024. Bitcoin Spot ETFs Have Seen Cumulative Net Inflows Underperform In 2026 In a new post on X, analyst Maartunn has discussed how the cumulative inflows related to the US Bit...NewsBTC
Thu, May 21
Dogecoin (DOGE) Faces Fresh Downside Risk, Sellers Stay Aggressive
Dogecoin started a recovery wave above the $0.1040 zone against the US Dollar. DOGE is now facing hurdles near $0.1075 and might struggle to continue higher. DOGE price started a recovery wave from $0.1020 and climbed above $0.1040. The price is trading below the $0.1075 level and the 100-hourly sim...NewsBTC
Thu, May 21
South Korea’s NHN KCP pilots stablecoin payments on Avalanche
One of South Korea’s largest payment firms, NHN KCP, is testing out stablecoin payments through a private Avalanche network. The test, which began on May 21, includes both online and offline payments and is among the largest stablecoin payment tests in the region. The company processed ₩51.5 trillion, roughly $38 billion, in transaction volume last...Cryptopolitan
Thu, May 21
Circle’s Next Step: Hyperliquid (HYPE) Integration As The Catalyst For Real Supply-Share Gain
Bankless has been looking past the usual “partnership announcement” narrative and instead focused on what the new Hyperliquid (HYPE), Coinbase (COIN), and Circle (CRCL) deal could realistically change for USDC. In its latest write-up, the outlet argues the collaboration is more than public relations...NewsBTC
Thu, May 21
Pi Network Price Forecast: PI sways as OKX expands PI token in the US market
Pi Network (PI) edges higher on Thursday, extending a mild recovery amid US market expansion through the OKX exchange. Steady deposits on Centralized Exchanges (CEXs) imply persistent downside pressure while the technical outlook remains mixed amid double-bottom reversal chances.Fxstreet
Thu, May 21
XRP Price Rebound Faces Trouble, Downside Pressure Starts Building Again
XRP price started a recovery wave above $1.360 and $1.3620. The price is now consolidating and might aim for a fresh move if it clears $1.3940. XRP price started a recovery wave above the $1.3620 zone. The price is now trading below $1.3850 and the 100-hourly Simple Moving Average. There was a break...NewsBTC
Thu, May 21
Singapore Shuts Down Bsquared’s Crypto Payment Operations – Details
Bsquared Technology Pte Ltd has no auditors to answer to yet — but it will. Singapore’s central bank has ordered the crypto firm to produce a closure certificate confirming that all customer funds have been returned. The company told regulators it holds no outstanding customer assets. Related ...Bitcoinist
Thu, May 21
HYPE Accumulation Intensifies As Whale-Linked Position Surpasses $100M
HYPE is showing remarkable strength as it approaches all-time highs — a performance that stands in sharp contrast to the broader market, facing selling pressure and uncertainty. While most assets have been retreating, Hyperliquid’s native token has been moving in the opposite direction, drawin...NewsBTC
Thu, May 21
Anthropic nears first quarterly profit at $559 million as SpaceX IPO filing reveals $1.25 billion monthly compute bill
Anthropic is on track to post its first quarterly operating profit, projecting $559 million on $10.9 billion in June-quarter revenue, more than double the $4.8 billion it recorded in Q1. The Wall Street Journal reported the same figures earlier on Wednesday. The expected margin sits just under 5.1%, thin by software industry standards but a...Cryptopolitan
Thu, May 21
Ethereum Price Encounters Fresh Resistance, Bulls Lose Some Momentum
Ethereum price started a recovery wave above the $2,110 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a br...NewsBTC
Thu, May 21
XRP and XLM outlook: Improving market sentiment fuels recovery hopes
Ripple (XRP) and Stellar (XLM) are showing early signs of recovery on Thursday after recent price corrections. XRP continues its rebound as steady inflows from spot Exchange Traded Funds (ETFs) support improving investor sentiment.
Fxstreet
Thu, May 21
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