Crypto World
Bitcoin ETFs Extend Rally as Two-Day Inflows Near $1 Billion
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded almost $1 billion in inflows since the cryptocurrency reclaimed $80,000.
Bitcoin ETFs posted $467.4 million of inflows on Tuesday as BTC surged past $81,000, extending Monday’s $532 million inflows, according to SoSoValue data, bringing the two-day total to more than $999 million.
The latest inflows follow April’s $1.97 billion in total net inflows, pointing to strong demand as Bitcoin’s rebound continues.
Since May 1, the funds have attracted a total of $1.63 billion in inflows, bringing cumulative inflows to $59.7 billion and total assets under management to roughly $109 billion, the highest level so far this year.

Daily spot Bitcoin ETF flows since Friday. Source: SoSoValue
The inflows came despite Strategy executive chairman Michael Saylor signaling potential Bitcoin sales to meet corporate obligations in an apparent departure from his long-standing “never sell Bitcoin” messaging.
Bitcoin ETFs show resilience with 8% outflows vs 50% BTC drawdown
The resilience in Bitcoin ETF flows comes even after a roughly 50% drawdown in Bitcoin during the cycle, while ETFs saw outflows of about 8% of assets, according to Bloomberg ETF analyst Eric Balchunas.
In a Roxom TV interview on Tuesday, the analyst pointed to the role of distribution networks, saying Wall Street wholesalers have effectively been unlocked by the products’ structure.
“Don’t underestimate the firepower of Wall Street wholesalers,” he said in reference to the flows.

Source: Eric Balchunas
The dynamic suggests that ETFs have helped stabilize investor access to Bitcoin during sharp price swings, keeping demand flowing through traditional financial channels even in volatile conditions.
Altcoin ETFs pick up steam with gains across ETH, XRP, SOL and DOGE
The positive trend has been extended across altcoin ETFs, with Ether (ETH) funds posting $97.6 million inflows on Tuesday, according to SoSoValue.
XRP funds gained $11.3 million, while Solana (SOL) ETFs posted minor inflows at $1.7 million.
Related: Crypto products post 5th straight week of inflows despite mid-week selloff
Dogecoin (DOGE) ETFs stood out with roughly $400,000 inflows, marking their first gains since April 27. The move brought DOGE’s total cumulative inflows past $10 million, while total assets under management stand at $14 million.
Magazine: Bitcoiners eye ‘sell in May,’ SBF’s bid for new trial shut down: Hodler’s Digest, April 26 – May 2
Crypto World
Nikkei 225 Tops 62,000 as Major Japanese Stocks Post Double-Digit Gains
Japan’s Nikkei 225 vaulted past 62,000 for the first time on Thursday. The index climbed 5% in a broad rally that pushed major tech, materials, and electronics names to double-digit single-day gains.
Electronics maker Ibiden led the board with a 22.43% surge. SoftBank Group jumped 16.45%, and Mitsui Kinzoku gained 17.05%.
Renesas Electronics rose 13.42%, and chemical firm Tosoh Corporation added 11.03%.
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Global Tech Momentum Spills Into Asian Markets
Other Asian markets rose modestly. Hong Kong’s Hang Seng added 1.48%. China’s CSI 300 edged up 0.13%, and Australia’s S&P/ASX 200 advanced 0.83%. South Korea’s Kospi reversed gains to slip 0.17% after hitting an all-time high on Wednesday.
The advance came as Wall Street’s tech-heavy Nasdaq hit another record. The S&P 500 also closed at an all-time high of 7,365. The index has gained more than 16% since its March 30 low.
Today’s surge came after Tokyo Golden Week holidays. The reopen allowed investors to absorb a week of US tech sector strength at once, amplifying the upside at the open. Wall Street tech earnings have also set a strong backdrop.
Iran Talks Inject Mixed Signals
Markets are also weighing developments in US-Iran negotiations. President Donald Trump told PBS that an agreement could land before his upcoming visit to China.
However, Trump also warned on Wednesday that Iran would face military action if it rejects the proposed peace deal. The dual messaging has kept oil and global risk markets sensitive to headline flow, with implications for oil prices and broader sentiment.
Whether Japan’s rally extends will depend on continued AI momentum and the trajectory of Iran negotiations.
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Crypto World
Gillibrand talks crypto law at Consensus Miami
Senator Kirsten Gillibrand took the Consensus Miami 2026 mainstage on Day 2 and expressed optimism about the CLARITY Act’s prospects in Congress, appearing alongside Kevin O’Leary and Coinbase’s Paul Grewal.
Summary
- Senator Kirsten Gillibrand appeared on the Consensus Miami 2026 mainstage on May 6 and said she is optimistic about the path forward for the CLARITY Act.
- Gillibrand also discussed AI regulation and her outlook for Democrats in the 2026 midterms during her live Consensus appearance.
- Charles Hoskinson, Eric Trump, and Michael Saylor were also scheduled to appear at Consensus Miami on Day 2.
Senator Kirsten Gillibrand took the mainstage at Consensus Miami 2026 on Wednesday alongside Kevin O’Leary and Coinbase executive Paul Grewal, expressing optimism that the CLARITY Act can advance through Congress before the May 21 Memorial Day deadline. Her appearance came as the Senate Banking Committee moves toward what may be its last viable markup window for the legislation this cycle.
Gillibrand said she is optimistic about the bill’s path and weighed in on both AI regulation and the 2026 midterm outlook for Democrats. Her comments added a Democratic voice to the Consensus stage at a moment when the CLARITY Act’s fate depends heavily on bipartisan support in the Senate Banking Committee.
As crypto.news reported, Chair Tim Scott has secured most Republican votes but Senator John Kennedy has withheld support, leaving the path to markup unresolved. Senator Thom Tillis separately raised a new complication: law enforcement groups oppose a DeFi developer liability provision in the bill. Senators Cynthia Lummis and Bernie Moreno have both said failure before May 21 pushes the next realistic window to 2030.
Ripple CEO Brad Garlinghouse told the Consensus crowd on Day 1 that the past week represented a “big positive shift” in Senate momentum, while banking groups have continued to push back on stablecoin yield provisions.
Gillibrand’s Day 2 remarks signal that at least some Democrats are prepared to provide the bipartisan cover the bill needs to reach a floor vote, a dynamic that may prove decisive before Memorial Day recess closes the window entirely.
Crypto World
Robinhood says Wall Street is building onchain
Robinhood said at Consensus Miami 2026 that Wall Street is now actively building on crypto rails, though institutional adoption is moving slower and more fragmented than the industry expected.
Summary
- Executives from Robinhood-owned Bitstamp, Ondo Finance, and Babylon Labs told Consensus Miami 2026 that banks are actively integrating blockchain infrastructure and tokenized products.
- Robinhood VP Nicola White said the conversation with banks has shifted from asking what blockchain is to asking how to build on it.
- Panelists said institutional adoption will develop along two parallel tracks: regulated US finance and offshore permissionless crypto markets.
Executives from Robinhood-owned Bitstamp, Ondo Finance, and Babylon Labs told Consensus Miami 2026 on Wednesday that Wall Street’s migration into crypto is real but slower and more fragmented than the industry expected.
The panel, titled “Is the Wall Street Herd STILL Coming?”, framed institutional adoption as settled in direction but uncertain in pace.
Robinhood VP of Crypto Institutions Nicola White said the dynamic with banks has shifted materially. “We’re not having conversations anymore about what blockchain is,” she said.
“Now it’s about, how do we help them build?” Ondo President Ian De Bode pointed to partnerships with Broadridge and the DTCC to tokenise securities and enable blockchain-based shareholder voting as evidence that institutional pipelines have moved from planning to production.
White also flagged risks around retail product velocity. She noted that 50% of Robinhood’s new Q1 platform users were first-time investors, and warned that 100x perpetual leverage products carry risks “that maybe people don’t understand.”
Panelists said adoption will split into two tracks: regulated US finance and an offshore permissionless crypto market running in parallel. As crypto.news tracked, Robinhood has been expanding institutional and retail crypto infrastructure since its Bitstamp acquisition, with crypto notional volumes reaching $25 billion in February 2026, up 74% year-on-year.
The Consensus panel framed that figure as a starting point, with Wall Street’s integration still in its early stages despite the conversation having clearly shifted.
Crypto World
Bitcoin Price Hits $81,133 as Supercycle Debate Splits Traders and Pepeto Presale Passes $9.89M Before Binance
The Bitcoin price touched $81,133 on May 6 as analyst PlanC projected a supercycle run to $250,000 by 2028, while bears argue the move is just a rally inside a larger correction, per Cointelegraph. Solana holds near $86 on Alpenglow upgrade momentum, and April ETF inflows hit $1.97 billion per Bitcoin Magazine.
This article covers what the Bitcoin price move to $81,133 means after the supercycle call, where Solana sits, and why the Pepeto presale at $0.0000001868 opens a return profile BTC and SOL cannot deliver in the same time frame.
Analyst PlanC posted on May 6 that Bitcoin is not in a normal cycle but entering its first supercycle, projecting above $250,000 by 2027 to 2028 from the $16,000 bear low in November 2022, per Cointelegraph. His framework splits the move into three stages: the first rally to $126,000 done, the mid-cycle correction to $60,000 done, and a final push to new highs now forming.
Analyst Pentoshi added that once BTC clears the mid-$80,000s and holds, the chance of new all-time highs becomes very high, targeting $180,000 over the next year. Institutional demand absorbs more than 500% of daily new BTC supply, turning sharp drops into softer pullbacks.
Bitcoin Price Breakdown: BTC, Solana, and Why Pepeto Carries the Biggest Upside
Pepeto Presale Passes $9.89M With Working Tools and a Binance Listing Approaching
While traders argue over whether Bitcoin at $81,133 starts a supercycle or tops a bear rally, Pepeto is the position that does not need the debate settled to print large returns. The presale locks in an entry at $0.0000001868 before the first public candle opens, and that spread between presale cost and listing price is where the biggest gains in every cycle come from.
PepetoSwap settles every trade with no fees across Ethereum, BNB Chain, and Solana, so buyers keep full value on every swap. The risk engine scores every contract before capital leaves the wallet, and the token bridge moves assets between networks at no charge. These tools run on the Pepeto site today.
The presale pulled in $9.89 million during months of fear, with SolidProof having completed the full audit. The original Pepe builder wrote Pepeto end to end, with a former Binance insider steering the listing path. Staking pays 175% APY, so every position keeps growing until the first exchange trade fires.
Shiba Inu turned pocket money into numbers that changed years in 2021, and Pepeto is forming inside that same window now. Once trading opens, the presale entry disappears and the price spread that creates outsized returns closes in hours.
Bitcoin (BTC) Price at $81,133 as Supercycle Thesis Targets $250,000 and ETF Flows Build the Floor
Bitcoin (BTC) trades near $81,133 per CoinMarketCap, up 35% from the February low of $59,930 but still 36% below the $126,272 all-time high from October 2025. Strategy holds 818,334 BTC at $75,532 average cost, and April logged $1.97 billion in net ETF inflows.
The 200-day moving average at $82,228 is the next level to clear. A Bitcoin price run to $100,000 returns roughly 23%, strong for the largest crypto but a fraction of what a presale listing delivers.
Solana (SOL) Price at $86 as Alpenglow Upgrade Momentum Keeps the Base Intact
Solana (SOL) holds near $86 per CoinMarketCap, building a base above $84 support. The Alpenglow consensus upgrade from Anza targets 100 to 150 millisecond block finality.
A move from $86 to $102 resistance returns about 15%, a healthy trade for an established Layer 1 but not the kind of return that reshapes a full portfolio the way a presale listing event can.
Conclusion
BTC at $81,133 is not stalling, it is building, and PlanC’s supercycle call to $250,000 shows the kind of conviction forming behind this Bitcoin price move. But 23% from here to $100,000 does not reshape a year, and Solana’s 15% path to $102 does not either, because the math that changes portfolios has always come from the gap between presale entry and listing candle.
The Pepeto presale at $0.0000001868 with $9.89 million raised and 175% APY compounding on every hour is the position this cycle will be remembered for. The wallets that acted will be the names on every chart discussion, and the ones who watched the Bitcoin price build from the sideline will carry the regret of knowing they saw the entry and did not take it.
The hour Binance opens, that $0.0000001868 price is history, and nothing after that moment, no trade at any level, puts it back on the tape.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is driving the Bitcoin price move to $81,133 in May 2026?
Bitcoin price hit $81,133 after analyst PlanC projected a supercycle run to $250,000 by 2028, backed by institutional demand absorbing more than 500% of daily BTC supply per Cointelegraph. April ETF inflows reached $1.97 billion as BTC bounced 35% from February lows.
Why is Pepeto attracting capital while the Bitcoin price builds above $80,000?
Pepeto is attracting capital because the presale at $0.0000001868 before a Binance listing creates a spread between entry cost and first public candle that Bitcoin at $81,133 cannot match on return math. The presale raised $9.89 million with 175% APY and a full SolidProof audit completed.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
White House Says Bitcoin Reserve Announcement Coming in Weeks
The White House is preparing to announce new details on the US Strategic Bitcoin Reserve in the coming weeks, according to Patrick Witt, a senior White House digital assets official.
Speaking at Consensus Miami on Wednesday, Witt said the administration has made “a lot of progress in the background” on the reserve and the broader digital asset stockpile. He said the next announcement would explain “where we are going.”
US Bitcoin Reserve Plan is Coming Together
The comments offer the latest signal that the Trump administration is moving from policy design to implementation after creating the Strategic Bitcoin Reserve earlier this year.
“There was an exploit, certain assets that were held by US Marshals just a month or two ago,” Witt said. “We obviously started working on the Strategic Bitcoin Reserve, the digital asset stockpile without thinking about that, but obviously thinking about we need to properly secure these assets.”
Witt appeared to be referring to the alleged $46 million theft from US Marshals Service crypto wallets, which surfaced earlier this year and led to the March arrest of John Daghita in Saint Martin.
The case raised fresh questions about how federal agencies secure seized digital assets as the White House builds its Strategic Bitcoin Reserve.
He said the incident showed why President Donald Trump had instructed federal agencies to treat digital assets more seriously.
“Custody is unique for digital assets,” Witt added. “We made a lot of progress in the background, and we will make an announcement in the coming weeks laying out where we are going.”
Lots of Behind-the-Scene Operations for Trump’s Strategic Bitcoin Reserve
The Strategic Bitcoin Reserve was created by executive order in March 2025. It directs the federal government to hold forfeited Bitcoin as a reserve asset rather than sell it through the usual disposal process.
The order also created a separate US Digital Asset Stockpile for other crypto assets obtained through forfeiture. It instructed federal agencies to account for their digital asset holdings and review how those assets should be transferred, secured, and managed.
However, the reserve has not yet become a full accumulation program. The administration has said any future Bitcoin acquisition strategy must be budget-neutral, meaning it should not require new taxpayer spending.
That leaves several open questions. The White House has not confirmed whether the US will only retain seized Bitcoin or eventually acquire more.
It has also not fully detailed which agency will control custody, how holdings will be audited, or how assets will move from enforcement agencies into the reserve.
Witt’s remarks suggest custody and security are now central to the next phase.
For markets, the coming announcement could clarify whether the reserve remains an asset-management policy or becomes a broader sovereign Bitcoin strategy.
The post White House Says Bitcoin Reserve Announcement Coming in Weeks appeared first on BeInCrypto.
Crypto World
DOGE Whale Wallets Hit All-Time High of 108 Billion Tokens. Is Pepeto the Stronger 100x Play?
The Dogecoin price prediction turned decisively bullish in early May after Santiment data confirmed that 149 whale wallets holding at least 100 million DOGE each now control a record 108.52 billion tokens worth $11.6 billion, with 739 transactions above $100,000 recorded in a single day according to CoinEdition. Dogecoin (DOGE) trades at $0.1147, up 14% over the past ten days, and the price broke above the 20-day, 50-day, and 100-day EMAs in one move for the first time since October 2025.
Capital is flowing back into meme coins, and the tools that keep wallets safe during a rally matter as much as timing the entry. The exchange built by the Pepe developer delivers that protection, and the anticipated Binance listing approaches with $9.89 million committed.
The Dogecoin price prediction benefits from a setup where large holders added through the entire February-to-April base while retail sat on the sidelines. Grayscale’s GDOG product posted its first Dogecoin ETF inflows in two weeks at $460,000, adding institutional backing to the on-chain signal.
The SEC and CFTC classified DOGE as a digital commodity in March 2026, removing the legal barrier that kept institutional funds away.
DOGE, Pepeto, and Why the Biggest Meme Coin Returns Start During Fear
The Presale That Dogecoin Holders See as Their Next Early Entry
A 75% collapse across most meme tokens happened for one reason: nothing existed behind those projects except a logo and a name. No working exchange, no way to check whether a token was safe, no bridge between chains. The Pepe developer’s new platform fills that exact gap as the meme sector rebounds.
Before a buyer puts in a single dollar on PepetoSwap, the scanner checks every token for scam code, hidden insider wallets, and contract-level risks. Orders go through at zero fees so nothing gets taken from the position, the scanner translates smart contract data into plain language, and the bridge links Ethereum, BNB Chain, and Solana without gas costs.
The presale has pulled in $9.89 million at $0.0000001868 and is heading toward its anticipated Binance listing on schedule. SolidProof ran a full audit and found zero issues, a former Binance listing specialist designed the launch path, and 175% APY staking grows every holding while the exchange expands.
Dogecoin holders who entered at $0.002 in early 2021 turned small buys into life-changing wealth, and none of them believes they bought enough. Pepeto is at that exact pre-listing point right now, and the wallets moving in before the anticipated Binance listing date are locking in the kind of entry the rest of the market will look back on for the remainder of 2026.
Dogecoin (DOGE) Price at $0.1147 as Whale Accumulation Hits Record and Every EMA Falls
Dogecoin (DOGE) trades at $0.1147 on May 6 according to CoinMarketCap, up 4.08% over 24 hours with the 100-day EMA at $0.1046 now acting as support after months of resistance.
The 200-day EMA at $0.1260 is the next target, and a close above it would be the first since mid-2025. DOGE sits 84.7% below its $0.7376 all-time high from May 2021. Analyst targets range from $0.20 to $0.47, and reaching $0.20 gives roughly 78% over months. But waiting for those targets competes with a presale where one approaching listing event delivers the full return.
Conclusion
The Dogecoin price prediction shows large holders stepping in with record force while the broader market only begins to recover. DOGE trades at $0.1147, and reaching $0.20 offers 78% over months of patience.
Dogecoin holders who got in before the world recognized the name built wealth that changed their future. Pepeto is at that exact pre-listing point right now, backed by a working exchange, the Pepe developer, and an anticipated Binance listing that gets closer every day. The wallets entering now at the Pepeto presale are building the positions this cycle will celebrate, while everyone who passes today will spend 2026 calculating what that hesitation cost.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Dogecoin price prediction after the all-time high whale accumulation in May 2026?
Analysts target $0.20 to $0.47 for DOGE in 2026, with the recovery depending on sustained whale buying and a confirmed close above the 200-day EMA at $0.1260. Santiment data shows 149 whale wallets now hold a record 108.52 billion DOGE worth $11.6 billion.
Why is the Pepeto presale drawing attention from Dogecoin holders right now?
Pepeto is a zero-fee meme coin exchange built by the developer behind the original Pepe token, featuring a contract risk scanner, cross-chain bridge, and 175% APY staking at $0.0000001868 with $9.89 million raised. The anticipated Binance listing gives this entry the kind of pre-listing upside that DOGE at a $19 billion market cap no longer has room to deliver.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Crypto-Funded Indiana GOP Primary Victory Signals Regulatory Push
A RepublicanUS House member running for reelection has secured his party’s nomination amid notable crypto-sector political spending. The Indiana race spotlighted growing ties between digital-asset interests and electoral politics as PACs targeted candidates with pro-crypto records.
According to NBC News, Representative James Baird won Tuesday’s Republican primary for Indiana House District 4 with more than 60% of the vote, defeating challenger Craig Haggard and others.
Federal Election Commission filings show that the Defend American Jobs political action committee, which is associated with crypto-oriented groups, spent about $514,000 on media to back Baird. The PAC is connected to Fairshake, a committee backed by crypto firms including Coinbase and Ripple that spent more than $130 million to influence the 2024 U.S. elections.
“Representative Baird has been a proven leader for pro-job, pro-consumer, and pro-innovation policies in Congress,” a Fairshake spokesperson told Cointelegraph before the primary. “We’re proud to support leaders committed to responsible regulation that ensures the US remains the global leader in innovation.”
Baird also received an endorsement from former President Donald Trump and reportedly thanked the President after the victory. The race occurs as lawmakers weighing crypto policy consider measures that intertwine with ethics provisions and regulatory oversight in the ongoing policy debate surrounding digital assets.
Fairshake, which reported holding $193 million as of January, is expected to spend millions more in the 2026 midterm elections to back crypto-friendly candidates and oppose what it views as anti-crypto politicians through media and advertising. As of Wednesday, the PAC and its affiliates had spent about $10 million on races in Illinois and Texas in 2026.
Key takeaways
- The Indiana primary outcome underscores active political financing from crypto-aligned groups aiming to influence policy through electoral support.
- FEC filings show the Defend American Jobs PAC spent roughly $514,000 on media to back Baird; its ties to Fairshake illustrate a broader ecosystem of industry-backed political activity.
- Pro-crypto lawmakers with a record of supportive legislation—such as the GENIUS stablecoin act and the CLARITY Act—benefit from targeted campaigns and endorsements in tight races.
- Regulatory discussions around stablecoins and market structure—including a finalized compromise on stablecoin yield—could shape future licensing, supervision, and cross-border compliance.
- The evolving policy landscape has direct implications for exchanges, banks, issuers, and institutional investors seeking regulatory clarity and enforceable standards.
Political financing and crypto policy signals
The Indiana race illustrates how crypto-affiliated groups are channeling resources into media to support candidates who align with industry interests. The Defend American Jobs PAC—the entity associated with Fairshake—spent about half a million dollars to advocate for Baird, highlighting a coordinated approach to candidate selection in a landscape where regulatory outcomes may impact business models, custody relations, and licensing pathways for crypto firms.
Fairshake’s involvement is notable not only for the amounts reported but also for its broader scope. The committee, backed by major crypto participants such as Coinbase and Ripple, spent more than $130 million during the 2024 elections and has signaled intent to deploy substantial resources in the 2026 midterms to promote “pro-crypto” candidates and oppose policies deemed unfriendly to the industry. As of January, Fairshake indicated it held $193 million in reserves, with recent disclosures showing continued activity in state and federal races, including tens of millions in ongoing cycles across multiple states. These dynamics underscore how political action committees with industry ties aim to influence regulatory dialogues as bills move through Congress.
A Fairshake representative framed Baird as a pro-job, pro-consumer, and pro-innovation policymaker, stressing a belief that constructive regulation will keep the United States at the forefront of innovation. The alignment between industry-backed political funding and legislative support for crypto-friendly bills—such as measures enabling innovative financial services while addressing risk—reflects a broader strategy to shape the regulatory environment ahead of potential sanctions, licensing regimes, and banking access decisions for crypto firms.
Stablecoin yield compromise and the regulatory path forward
In a parallel development, U.S. senators have signaled progress on the policy framework around stablecoins through a compromise embedded in the CLARITY Act. Senators Thom Tillis and Angela Alsobrooks announced they had finalized the text to incorporate a stablecoin yield compromise that addresses concerns within both the banking and crypto sectors. This adjustment is viewed as a potential catalyst for reviving stalled momentum on the broader market structure bill by clarifying how stablecoins fit within existing regulatory paradigms for payment, settlement, and asset custody.
Industry observers note that while a markup date has not yet been set by the Senate Banking Committee, the yield compromise may help bridge differences and accelerate consideration of the market structure legislation. A unified framework for stablecoins—encompassing issuance, reserve adequacy, yield mechanics, disclosure, and supervisory oversight—could affect issuers, custodians, exchanges, and on-ramps, with implications for compliance programs, AML/KYC controls, and cross-border operations. The policy shift also carries practical consequences for institutions seeking banking relationships and access to liquidity pools, as well as for investors evaluating risk management and capital adequacy in stablecoin-related activities.
These developments resonate beyond the United States, intersecting with global policy conversations on stablecoins and digital-asset regulation. While the EU’s MiCA framework advances alternative regulatory models, U.S. alignment or divergence in stablecoin treatment and market structure could influence cross-border compliance strategies and operational resilience for multinational firms operating in both markets. Authorities are considering enforcement priorities and licensing standards that would harmonize disclosure, governance, and risk management requirements across platforms and intermediaries.
Regulatory and institutional implications for market participants
The convergence of political financing, congressional consideration of crypto-friendly legislation, and a negotiated approach to stablecoin yield injects a degree of regulatory clarity into an otherwise unsettled environment. For regulated entities—exchanges, banks, and issuers—the evolving policy landscape translates into concrete compliance considerations: licensing timelines, custodial standards, capital and liquidity requirements, and enhanced consumer protections. In practice, firms must monitor not only legislative text but also the ethical and governance provisions that may accompany major crypto bills, given ongoing scrutiny of industry lobbying and campaign contributions.
Analysts note that the eventual shape of the CLARITY Act, including any stablecoin yield provisions, could influence how traditional financial institutions engage with crypto partners, impact stablecoin reserve management practices, and determine the degree of federal oversight applied to stablecoin products and associated yield offers. The policy path may also shape enforcement priorities among the SEC, CFTC, and DOJ, as well as how regulators coordinate with other agencies on cross-border settlement and anti-money-laundering frameworks. In parallel, a continued emphasis on ethics provisions in crypto-related legislation may affect how policymakers approach disclosures, campaign finance rules, and the permissible contours of industry influence in elections.
Closing perspective
As midterm dynamics unfold, the intersection of campaign finance, regulatory reform, and stablecoin policy will shape the trajectory of institutional engagement with crypto markets. Observers should watch for the CLARITY Act’s final form, potential markup schedules, and the broader market structure bill’s progress, all of which will influence compliance programs, licensing strategies, and risk management for banks, exchanges, and crypto issuers in 2026 and beyond.
Crypto World
Ripple, JPMorgan & Mastercard Pull Off First Tokenized Treasury Deal
JPMorgan, Mastercard, Ripple, and Ondo Finance completed a pilot that settled a tokenized US Treasury redemption across banks and borders in near real time, the firms said.
The transaction routed Ripple’s redemption of Ondo Short-Term US Government Treasuries (OUSG) tokens on the XRP Ledger through Mastercard’s Multi-Token Network and JPMorgan’s Kinexys platform, which delivered dollars to Ripple’s Singapore bank account.
How Ripple Connected Blockchain to Bank Settlement
Ondo Finance processed Ripple’s OUSG redemption on the XRP Ledger, a public blockchain. Mastercard’s Multi-Token Network forwarded the settlement instructions to Kinexys, JPMorgan’s blockchain unit. JPMorgan then sent the corresponding US dollars to Ripple’s bank account in Singapore.
The dollar leg moved through the traditional banking system rather than fully on-chain. That hybrid design allows institutions to tap blockchain rails while keeping fiat flows inside regulated channels.
The four firms framed the test as the first time tokenized assets settled across borders and banks in near real time outside conventional banking hours. OUSG ranks among the largest tokenized Treasury products and arrived on the XRP Ledger earlier this cycle to widen institutional access.
“This pilot is an important step towards establishing a framework for institutional-scale tokenized asset markets.”
Zack Chestnut, head of commercial at Kinexys by J.P. Morgan, said in a statement.
A Wider Tokenization Push
Tokenized US Treasuries account for roughly $15 billion of outstanding value, according to RWA.xyz. That figure is small compared with the $30 trillion Treasury market, but has expanded sharply since 2024 as banks and asset managers tested settlement on public chains.
Major firms keep adding infrastructure. The Depository Trust and Clearing Corporation said this week it will launch a tokenization service in October, with Treasury bills and bonds among the eligible assets. Nasdaq is preparing for tokenized stock and exchange-traded fund (ETF) trading.
For JPMorgan, the redemption follows a string of Kinexys deployments covering foreign-exchange settlement, deposit tokens, and corporate-dollar transfers. Ripple has built the XRP Ledger with permissioned domains and zero-knowledge tooling for regulated users.
The post Ripple, JPMorgan & Mastercard Pull Off First Tokenized Treasury Deal appeared first on BeInCrypto.
Crypto World
Bitcoin Must Break Through This Level to Avoid a $50,000 Comedown
Bitcoin (BTC) is approaching its “most critical” resistance hurdle of the bear market, new BTC price analysis says.
Key points:
- Bitcoin has arguably its most important resistance battle at $84,000.
- A failure to reclaim a 200-day trend line opens up the road down to $50,000 lows, warns analysis.
- The bull market support band needs to hold in the event of a corrective phase.
Bitcoin faces battle to avoid “bear cycle continuation”
In an X post on Wednesday, crypto investment company TradingShot revealed the next key decision point for Bitcoin bulls.
BTC price action continues to test $82,000, according to data from TradingView, but it is the area around $84,000 that will be essential to reclaim as support next.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView
“Bitcoin is about to test its 1D MA200, the most critical Bear Cycle Resistance but has also already entered the Pivot Zone formed from the previous Low,” TradingShot wrote.
An accompanying chart compares current price performance with the 2022 bear market, with the 200-day simple moving average (SMA) at the center.
At the time, BTC/USD retested the 200-day SMA from below after initially losing it, but the reclaim failed — and the result was a trip to new macro lows.
“This is a familiar pattern that $BTC forms during downtrends, it was also emphatically present during the 2022 Bear Cycle where those Pivot Zones got formed from a previous Low that was later tested as Resistance,” the analysis continues.

BTC/USD one-week chart. Source: TradingShot/X
Should history repeat, TradingShot is eyeing a dramatic correction, with a bottom target at $50,000.
“A rejection now on this ‘Stepping Stones’ pattern will confirm the Bear Cycle continuation for BTC to $50000, while a break-out will invalidate it,” it concludes.
As Cointelegraph reported, the $50,000 zone has long been a favorite among traders who see the bear market continuing.
BTC price support band as “main focus”
If the 200-day SMA is the resistance level to beat, two trend lines immediately below price are essential to retain as support, commentators argue.
Related: Bitcoin price nears $82K as ‘big level’ sparks warning of fresh macro rejection
The so-called bull market support band, formed of the 20-week SMA and the 21-week exponential moving average (EMA), sits near $78,000.
In some of its latest X analysis, trading account Cryptic Trades said that the support band should stay the “main focus.”
“I believe that as long as price keeps holding above this range, as well as the April 2025 bottoming formation around $76K, the broader market structure remains intact,” it wrote on Wednesday alongside an explanatory chart.
“The other key level to track is the lost high-timeframe support range marked in purple around $84K, where I believe we could see a short-term rejection.”

BTC/USD one-day chart. Source: Cryptic Trades/X
Crypto World
NYSE tokenization partners warn synthetic stock tokens could mislead retail traders
Executives from Intercontinental Exchange (ICE), OKX and Securitize warned that synthetic tokenized stocks are creating market and retail risks, as ICE moves ahead with a regulated platform for tokenized U.S. equities.
Michael Blaugrund, who works on strategic initiatives at ICE, the owner of the New York Stock Exchange (NYSE), said during a panel at Consensus Miami that NYSE’s first version will start with pre-funded tokenized equities trading against stablecoins.
That model is “not the sexiest way” to build a market, Blaugrund said, but gives issuers, investors and regulators a structure they can evaluate before more complex features such as leverage or self-custody.
Carlos Domingo, founder and CEO of Securitize, said offshore tokenized stock products are taking the opposite approach. Some use public-company names without issuer approval and do not represent the underlying equity, he said.
“For some stocks there’s like five different tokenized versions,” Domingo said, citing Coinbase as an example. “None of them actually represent equity on Coinbase.”
The risk is clearest during corporate actions, Domingo said, as he saw one tokenized stock wrapper trade at prices that differed by five times across markets after a stock split.
Haider Rafique, OKX’s global managing partner officer, noted the exchange has not launched synthetic tokenized securities and does not plan to move before regulated supply is in place.
“We’re not selling a promissory note,” Rafique said. “We’re actually selling the underlying asset.”
The warning follows broader scrutiny of stock tokens and private-market exposure. OpenAI said last year that Robinhood’s OpenAI stock tokens did not represent OpenAI equity and were not approved by the company, while Robinhood later said the tokens were backed by a special purpose vehicle.
Domingo said the issue is regulatory arbitrage. Offshore issuers can create wrappers in permissive jurisdictions and claim they are not targeting the U.S. or Europe, he said. Permissionless tokens can still flow back into those markets.
The SEC has also sharpened its focus on the distinction between true tokenized ownership and synthetic exposure, saying issuer approval is required for true tokenized stock ownership.
Blaugrund compared the shift to tokenized securities with the move from floor trading to electronic markets.
“It’s now ‘when,’ not ‘if,’” Blaugrund said.
NYSE said in January it was developing a platform for 24/7 trading and onchain settlement of tokenized U.S.-listed stocks and ETFs, pending regulatory approval. The platform is expected to support fractional trading, immediate settlement and dollar-denominated orders.
ICE later struck a strategic partnership with OKX, giving the crypto exchange’s customers access to ICE futures and NYSE tokenized equities, also subject to approvals.
NYSE also tapped Securitize to help build the tokenized stock platform, with the firm acting as a digital transfer agent for issuer-backed tokenized securities.
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