The Block

The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining its dominant share.

Growing AI stocks and uncertainty around the Clarity Act have put crypto in a tough spot for institutional investors, Hougan said.

Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.

Ethena said the two companies have also become partners "to grow onchain finance and savings products."

Sens. Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.

The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.

In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."

Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.

Bitcoin fell below $69,000 to a two-month low as ETF outflows hit $3.45 billion over 11 days, along with $742 million in liquidations.

The partnership will serve as "the foundation for a broader strategic relationship between Franklin Templeton and MoonPay."

Galaxy Digital launches institutional OTC prediction markets trading, executing a $10M Clarity Act trade with Arca on Kalshi at launch.

The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining revenue fell 23.9%.

Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.

Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on TRON.

Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocuses on emerging markets.

The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for developers building on Privy.

MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for cross-border payments.

Buterin proposed options-based synthetic assets that avoid liquidation risk and rely on slow oracles instead of real-time price feeds.

Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.

CME Group said Monday that its 24/7 crypto futures and options market saw over 7,200 contracts traded over the first weekend.

Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.

Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.

Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.

Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.