Today's Highlights
1. Senate Banking Committee to Vote on Crypto Clarity Act
2. U.S. Lawmakers to Discuss Bipartisan Crypto Regulatory Framework
3. U.S. President to Visit China for Major Summit
4. Trump Administration Includes Major Tech and Finance Executives in China Visit
5. Digital Asset Market Clarity Act to Undergo Committee Review
Macro News
Senate Banking Committee Votes on Clarity Act This Week
The Senate Banking Committee is scheduled to hold an initial vote on the Digital Asset Market Clarity Act on May 14, 2026. This bill aims to establish a regulatory framework for digital assets and crypto markets.
21Shares Launches Hyperliquid ETF on NASDAQ
21Shares has launched the Hyperliquid ETF on NASDAQ with a 0.30% fee. This ETF provides traditional investors with a regulated entry point to Hyperliquid’s derivatives market.
DACC Completes $10M Strategic Funding Round
Digital Asset Clearing Center (DACC) has completed a $10 million strategic funding round led by Conflux and Foxconn. The funds will be used to build compliant financial settlement and clearing infrastructure.
Warsh Confirmed as Next Fed Chair, Comments on BTC
Jeffrey Warsh has been confirmed as the next Federal Reserve Chair. He referred to Bitcoin as "the new gold for people under 40," though his hawkish stance suggests higher interest rates for a longer period.
Ondo Global Markets Hits $1B TVL in Tokenized Stocks
Ondo Global Markets has reached $1 billion in total value locked (TVL) in tokenized stocks and ETFs within eight months, making it the fastest platform to achieve this milestone.
Industry Hotspots
Hyperliquid ETF Listed, Institutional Access Expands
21Shares has listed its Hyperliquid ETF on NASDAQ, offering institutional and retail investors a regulated way to access Hyperliquid’s derivatives market with a 0.30% fee.
Whale Opens $80M ETH and BTC Long Positions on Hyperliquid
A whale has opened $80 million in ETH and BTC long positions on Hyperliquid using 20x leverage. The positions include 17,409 ETH and 493.4 BTC, with current floating profits of $210,000.
TON Blockchain Upgrades to Catchain 2.0
Telegram has become the largest validator on the TON blockchain, which has upgraded to Catchain 2.0. The upgrade provides 10x performance improvements and near-zero transaction fees.
Ethereum Foundation Appoints New Protocol Cluster Co-Leads
The Ethereum Foundation has appointed Will Corcoran, Kev Wedderburn, and Fredrik Svantes as co-leads of the Protocol cluster, reshuffling the leadership of its core technical team.
Bitcoin Privacy Asset Standards Gaining Attention
A new approach to Bitcoin asset standards is being discussed, emphasizing privacy and native functionality without spamming the base chain. This could influence future asset issuance on Bitcoin.
KOL and Institutions
@Nvidia
CEOs and companies accompanying President Trump on Air Force One to China include Nvidia's Jensen Huang, Tesla's Elon Musk, Apple's Tim Cook, and BlackRock's Larry Fink.
@Mr_Derivatives
The combined market cap of four memory and chip companies—$SNDK, $MU, $WDC, and $STX—is $1.4 trillion.
@BITDEER
Bitcoin mining revenue increased 372% year-over-year, reaching $69 million in AI Cloud revenue. Zebra Tech shares rose 19.5% on strong Q1 results.
@pasfm
WHO has issued a warning about a potential increase in hantavirus cases in the coming weeks, following an outbreak on the MV Hondius cruise ship.
@impandoratech
Global crypto market cap stands at $2,913.404 billion, with a 1.43% 24-hour decline. Bitcoin accounts for 54.84% of the market cap at $1,597.422 billion.
@xrppricealerts
XRP traded between $1.41856 and $1.48409 on May 12, with a session range of $0.06553 (4.62%).
@DamiDefi
Top privacy coins saw strong 30-day performance, with $H leading at +175.1%, followed by $RAIL at +84.7% and $ZEC at +54.8%.
21Shares
21Shares has launched THYP, offering U.S. investors spot exposure to HYPE with integrated staking rewards. This expands institutional access to crypto assets.
@eBay
eBay has rejected GameStop CEO Ryan Cohen’s $56 billion acquisition offer, calling it "neither credible nor attractive." The proposal would have required significant leverage from GameStop.
@CryptoJedi24
A poetic reflection on the nature of commitment and value, drawing parallels between celestial phenomena and the enduring nature of digital assets.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.