JPYKRW

Jeff Bezos first shared the idea in an interview with CNBC on May 20, 2026. He then promoted it on social media, and the video quickly gained millions of views.

Now, Tether’s circulating supply is about $189.7 billion, about 60% of the entire stable‑coin market. Add in USDC, and the two incumbents own roughly 93% of the whole category.

Leveraged traders on Bitfinex, bless their cotton socks, have been buying the dip like there’s no tomorrow. Margin long positions hit 80,636 BTC on May 20, according to TradingView data. That’s the highest since December 2023, mind you, and a 10% increase since the start of 2026. Bitcoin, meanwhile, has been taking a beating, down 13% year to date. One can’t help but admire their pluck, even if it’s a tad foolhardy.

New exchange-traded funds (ETFs) that track the price of Hyperliquid’s HYPE token have seen significant interest in their first week of trading, according to crypto analyst Aletheia. These ETFs, launched this year, allow investors to buy HYPE through traditional stock brokerages in a regulated environment.

Virginia-based Regent University, a school better known for turning out future Federalist Society clerks than crypto regulators, dropped the news in a May 19 press release, which also happened to announce they’d hired former Solicitor of Labor Gregory F. Jacob to round out their faculty. Peirce will be spending her semesters teaching securities regulation, financial markets, digital assets, and public policy, which I have to assume will be the first time most of her students hear a former SEC official say anything that doesn’t boil down to “all crypto is a scam and also please send us your unregistered tokens for safekeeping.”

On May 18, crypto whisperer Zach Humphries dropped a bombshell on X (formerly known as Twitter, because why not rename everything?): whales now control a jaw-dropping 68.5% of XRP’s total supply. These aren’t your average Joe Schmo investors-we’re talking wallets with at least 10 million XRP each. Combined, they’ve got 45.83 billion tokens stashed away, which is roughly the equivalent of finding out your neighbor has been secretly hoarding all the good snacks in the neighborhood.

In a letter posted on X (formerly Twitter) on Wednesday, Belshe explained why BitGo shouldn’t be called a “crypto bank.” He pointed out that BitGo doesn’t accept deposits, lend out customer funds, or use fractional reserve banking. Instead, he stated that the company functions as a trusted custodian, holding client assets securely in separate accounts protected by federal trust law.

Key Takeaways (because who has time to read the whole thing?):

Key Takeaways:

Key support levels: $0.15 (aka the “Oh God, not again” level), $0.13 (the “Please, just stop” level)