Key Takeaways HYPE hit a record $67.24 on May 29 after the CFTC cleared the first U.S. perpetual futures contract. Grayscale says Hyperliquid earned about $800 million in fees in 2025, pressuring rival exchanges. A spot HYPE ETF decision from the SEC, filed as GHYP on May 22, is the next catalyst traders are watching.
MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by LegalBison’s Co-Founding and Managing Directors: Aaron Glauberman, Viktor Juskin and Sabir Alijev. LegalBison advises crypto and FinTech companies on MiCA licensing, CASP and VASP applications, and regulatory structuring across Europe and beyond. Early in 2025, a crypto founder spent six months dismantling their
Key Takeaways Cryptoquant CEO Ki Young Ju says bitcoin’s PnL typically falls for about 18 months after a profit-taking cascade. Bitcoin’s downtrend began in October 2025 and won’t reverse until unrealized profits rebuild, Ju argues. Cryptoquant’s Bull-Bear Cycle Indicator flipped bullish on May 12, muddying the bear call. Still Some Time To Go Till The
Key Takeaways Visa invested in Replit to bring secure payments into AI-built apps and agents. Over 1,000 Visa employees use Replit, signaling growing enterprise AI adoption. Replit plans Visa Trusted Agent integration, enabling autonomous software payments. Replit Expands Enterprise Sales as Visa Joins AI Commerce Initiative Visa has made a strategic investment in Replit, the
Key Takeaways Spain’s National Police caught 6 Tren de Aragua members over a €1.3M crypto theft, with 3 jailed next. Harming market safety, Tren de Aragua stole €1.3M in crypto, forcing Spain to next prosecute 6 suspects. Following 2024 OFAC crypto sanctions, the US labeled Tren de Aragua an FTO to next block global laundering.
Key Takeaways Marco Rubio designated CV and PCC as global terrorists, with FTO status scheduled to begin on June 5. Impacting the crypto market, the PCC used bitcoin mining to launder funds across Brazil. Lobbied by Flavio Bolsonaro, the US will next enforce strict FTO rules against the 2 Brazilian gangs. Comando Vermelho (CV) and
The digital asset industry is bracing for a tense macro environment this week. Arthur Hayes critiques the token economy, and decentralization advocates face intense crackdowns from sovereign nations. Here are the crypto stories you may have missed this week. 🏛️ Macro & Institutional Headwinds ETF Bleed: Outflows Mount for BTC and ETH The institutional appetite
Key Takeaways Anchorage Digital invested in SLX, joining 20+ institutions backing Solstice. Solstice’s TVL topped $400M, highlighting demand for auditable onchain yield. Solstice and Anchorage may expand institutional solana adoption through USDG ties. Solstice Attracts Anchorage Digital Investment After $400M TVL Milestone Anchorage Digital has taken a strategic investment position in SLX, the native token
Key Takeaways Bitcoin ETFs lost $228.9M, extending a 9-day outflow streak. Ether ETFs shed $121.4M for a 13th straight day of outflows, signaling weak institutional demand. XRP, HYPE, and solana ETFs posted inflows, showing selective appetite beyond BTC and ETH. Bitcoin ETFs Fall Below $95B as Blackrock IBIT Leads Another Selloff The crypto ETF market
Key Takeaways The SPACEX-USDH contract on Hyperliquid plunged 45% on May 28, dropping from $2,277 to $1,254. Thin liquidity triggered $1.51 million in liquidations across 1,393 positions held by 405 users. The flash crash once again exposed the risks of onchain price discovery ahead of SpaceX’s June public IPO. Onchain Data Shows Severe Liquidity Vacuum