According to the crypto oracle at crypto.news, Ethereum was trading around $2,120 on May 20, after breaking below its bullish channel like a kid breaking a promise to clean their room. The asset has wiped out most of its April gains, failing to reclaim the $2,300 resistance like a knight failing to slay the dragon. Sad trombone, anyone?
Vitalik Buterin announced that Ethereum is making immediate improvements to enhance user privacy directly on the network. He explained that greater privacy can make digital assets function more like traditional money, and also encourage more activity on the main Ethereum network.
In a truly dramatic plot twist! CoinDesk, that chronicler of the digital age, reports that the tide turned after Mastercard abandoned its proposed investment, opting instead for a different stable‑coin goblet of destiny.
So, what’s all the fuss about? Well, imagine a world where you can keep your digital treasures in your own pocket (or wallet, if you’re fancy) without some nosy bureaucrat sticking their nose in. That’s right, South Carolina has said, “Self-custody? Absolutely! We’re not having any of that ‘Big Brother’ business here.”
Bitcoin, the ringmaster of this circus, wobbled between $77,300 and $78,000, having failed to stick its landing earlier in the week. Blame it on ETF outflows and geopolitical noise-the kind of stuff that makes even the most stoic hodler twitch. Meanwhile, Ethereum held its ground in the $2,100-$2,200 range, while Solana and XRP took a tumble, proving that even the fanciest altcoins can trip over their own shoelaces.
And now, enter the nouveau darling of the financial masquerade: Digital Gold. Yes, gold-that ancient, lustrous relic-is threatening to sashay into this territory, as if it had been taking notes all along, waiting for its cue to step into the spotlight.
Now, this isn’t Ripple’s first rodeo. Oh no, they’ve been gallivanting around this list since 2021, when they were a mere 38th on the ladder. But like a caterpillar turning into a butterfly-or perhaps a rather ambitious worm-they’ve wriggled their way up, leaving poor souls like Revolut and Perplexity in the dust. And let’s not forget, they’re the only crypto kid on the block here. Quite the lone wolf, aren’t they?
They’re pretty sure the tech heist felt more like a heist movie than a corporate security breach: the bad guys didn’t just sneak in; they counted their loot. According to GitHub, the breach touched about 3,800 of its internal repositories. The crime gang, TeamPCP, is apparently trying to flip the stolen code on underground forums for a cool $50,000‑plus jackpot. They brag about proprietary source code and private files from roughly 4,000 repos. Classic – “We stole it, we’ll sell it, we’ll win big!”
Alex Thorn, Galaxy Digital’s head of research, now believes there’s a 75% chance the CLARITY Act will be passed into law by 2026. He points to the bipartisan vote in the Senate Banking Committee on May 14 – a 15 to 9 decision – as a key turning point for the bill’s progress.
In an act that would make a certain New England hermit poet blush, the sponsor has opted to redirect all of its daring product ambivalence into the world of the venerable Investment Company Act of 1940. They say the Act holds the keys to better protection for investors, a tad more operatic freedom in operations, and a wider berth for institutional conduces to stroll past the corrugated doorway. In short, it sounds like the sort of “but we’re not stepping back, we’re stepping forward” statement that one might hear at last year’s Pretend‑It‑Wasn’t‑There Ball.