Monday, May 18, 2026

Hyperliquid Jumps 5% as Bitwise’s $4.3M HYPE ETF Debut Triggers Short Squeeze

Despite a broader cryptocurrency market sell-off that dragged Bitcoin below $77,000, the HYPE token rebounded by over 5% on Monday, briefly matching and surpassing its previous peak of $47. HYPE Rebounds Amid Crypto Sell-Off Just days after plunging nearly 10% on reports that rivals ICE and CME had urged U.S. regulators to target Hyperliquid, HYPE […]

via Terence Zimwara

Crypto Bridge Exploits Hit $328.6M in May as Peckshield Tracks 8 Major Incidents

Cross-chain bridges, infrastructure that allows assets to move between separate blockchain networks, have now lost $328.6 million to attackers across eight separate incidents in May 2026. Crypto’s Worst Year for Cross-Chain Hacks Blockchain security and data analytics firm Peckshield released a mid-May tally of eight bridge-related exploits that collectively drained $328.6 million from cross-chain protocols […]

via Shiraz Jagati

Sunday, May 17, 2026

Infinite Money Glitches, Multicoin’s AAVE Dump, and More – Week In Review

Coinbase moved deeper into Hyperliquid by taking the USDC treasury deployer role, while HYPE jumped on the platform’s shift toward a more unified stablecoin setup. Strategy’s STRC preferred stock hit record trading volume, reinforcing Michael Saylor’s bitcoin funding machine. In Washington, Kevin Warsh was confirmed as Fed chair and the CLARITY Act advanced in the […]

via Alex Richardson

Massie vs. Gallrein: Prediction Markets Bet $5.5M on the Most Expensive US House Primary Ever

Ed Gallrein and Thomas MassiePrediction market traders have placed more than $5.5 million in combined volume on the Kentucky 4th Congressional District Republican primary, with challenger Ed Gallrein holding a narrow edge over seven-term incumbent Rep. Thomas Massie ahead of Tuesday’s vote. Gallrein Pulls Ahead of Massie on Polymarket and Kalshi in Kentucky House Race On Polymarket, the KY-04 […]

via Jamie Redman

Big Dot Energy: Saylor Chart Puts Strategy’s Next Bitcoin Buy on Watch

Big Dot Energy: Saylor Chart Puts Strategy’s Next Bitcoin Buy on WatchMichael Saylor’s orange-dot chart renewed focus on another potential Strategy bitcoin buy disclosure after showing 818,869 BTC and reserve value near $64 billion. Traders closely watch these posts because similar charts have preceded past Strategy purchase updates. Saylor’s Orange Dot Post Puts Strategy’s BTC Scale in Focus Michael Saylor, Strategy’s executive chairman, put the company’s […]

via Kevin Helms

Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K

Bitcoin traded in a narrow consolidation range on May 17 as traders monitored whether support near $77,700 could stabilize the broader bullish structure after the recent pullback from the $82,800 high. Market data showed BTC holding above the critical $78,000 zone while mixed technical indicators across multiple time frames reflected cautious sentiment and weakening bearish […]

via Jamie Redman

Saturday, May 16, 2026

Arthur Hayes Tells CME and ICE Off as HYPE Drops Nearly 9% After Lobbying Push

Legacy exchange operators CME Group and ICE are reportedly lobbying U.S. authorities to force federal oversight onto Hyperliquid. The crypto community and the Hyperliquid Policy Center fiercely rejected the claims, arguing that public blockchain ledgers offer total transparency. Legacy Exchanges Raise National Security Alarms In what is shaping up to be a clash between traditional […]

via Terence Zimwara