Bitcoin options expiry saw traders cut risk, with Greeks.live data pointing to weak activity, lower implied volatility, and defensive positioning. Summary Greeks.live said 21,000 Bitcoin options expired with $1.6 billion in notional value settled on Friday. Ethereum options activity cooled as 129,000 contracts expired, with ETH spot below max pain levels. Lower implied volatility and

Harvard Management Company exited its Ethereum ETF position after one quarter and cut its Bitcoin ETF stake, new SEC filings show. Summary Harvard sold $87M Ethereum ETF stake after one quarter, ending ETHA exposure during Q1 filing. The endowment also cut its Bitcoin ETF holdings, reducing IBIT shares from 5.35M to 3.04M. Ethereum Foundation exits

Singapore’s MAS has revoked the Bsquared license after finding false statements and serious regulatory breaches at the crypto firm. Summary Singapore’s MAS revoked Bsquared Technology’s MPI licence effective May 14, less than 18 months after it was granted on January 1, 2025. MAS found serious weaknesses in risk management and conflict of interest policies, plus

Amundi Solana UCITS fund SAFO launches as Europe’s largest asset manager brings €2.4 trillion AUM to the chain. Summary Amundi, Europe’s largest asset manager, and Spiko Finance launched SAFO, a UCITS-compliant fund on Solana, making it the eighth chain in their strategy. SAFO is a tokenized sub-fund under the SPIKO SICAV structure, backed by total

Kraken has launched AVAX staking for eligible users globally, offering up to 10% APY on bonded positions. Summary Kraken launched AVAX staking on May 21 with three options: Bonded Staking up to 10% APY, plus Auto Earn and Flexible Staking each at up to 3.5% APY. The 10% bonded rate is promotional and will drop

Mark Cuban says he has sold roughly 80% of his Bitcoin holdings after losing confidence in its hedge narrative. Summary Mark Cuban told Front Office Sports he sold most of his Bitcoin after gold surged to $5,000 during the US-Iran conflict while Bitcoin fell. Cuban called Bitcoin “not the hedge I expected” and said it

Everclear’s announcement of a full operational wind-down sent CLEAR sharply lower in the latest session. Summary As of May 21, CLEAR declined to $0.0002332, down over 48% in 24 hours Everclear confirmed full shutdown of protocol and operations Project previously processed $500 million in monthly volume Team cites lack of sustainable revenue despite partnerships Everclear,

Hong Kong’s first officially approved HKD-backed stablecoin, HKDAP, has completed a live transfer test on Ethereum involving three licensed firms. Summary Anchorpoint Financial, OSL Group, and PantherTrade executed the test on Ethereum mainnet HKDAP is pegged 1:1 to the Hong Kong dollar (“at par”) Phased issuance is targeted by the end of Q2 2026 The

HYPE has surged to fresh all-time highs above $60, with a 24-hour gain of 16.15%, extending an explosive uptrend powered by ETF demand and DeFi-native speculation. Summary HYPE is trading around $59.84, after briefly breaking above $60 The token is up 16.15% over the past 24 hours Short term, volatility risk is high; medium term,

Zcash has emerged as the market’s primary breakout performer, logging a 15% single-day advance to trade at $660.21. Summary Zcash price surged 15% to $660 after the SEC officially closed its multi-year probe into the Zcash Foundation without penalties or enforcement action. Institutional accumulation accelerated as Multicoin Capital disclosed a long-term ZEC position, while Cypherpunk