Crypto Daily - May 13, 2026
Crypto Daily - May 13, 2026
Bitcoin consolidates near $81K ahead of critical CLARITY Act Senate markup; Ethereum Foundation launches Clear Signing standard to combat blind signing exploits; JPMorgan files for dual tokenized money market funds signaling institutional crypto adoption; Chainlink surges as DeFi protocols migrate $700M in assets; hot CPI data reignites Fed rate hike concerns.
1. Stellar Development Foundation Partners With Bermuda to Move Government Payment Services Onchain
Bitcoin | ★★★★☆
Stellar (XRP rival) has secured a landmark partnership with the Government of Bermuda to move key payment and financial services onto the Stellar network, marking a major institutional adoption milestone. This represents the first nation-state backed effort to integrate Stellar infrastructure at a government level, with significant implications for stablecoin and payment settlement use cases.
Sources: NewsBTC
2. Senate Banking Committee Faces 100+ Amendments to CLARITY Act Ahead of May 14 Markup Vote
Regulation | ★★★★★
The US Senate Banking Committee is grappling with over 100 proposed amendments to the CLARITY Act—including more than 40 from Senator Elizabeth Warren alone—as stablecoin and banking disputes threaten to derail the landmark crypto market structure legislation. Labor unions and banking groups are now actively lobbying for last-minute revisions, with Thursday's markup vote becoming increasingly contentious amid yield restrictions and regulatory tradeoffs.
Sources: Bitcoinist · CryptoNews · BeInCrypto
3. Ethereum Foundation Launches Clear Signing Standard to End Blind Signing Exploits Costing Billions
Ethereum | ★★★★★
The Ethereum Foundation unveiled Clear Signing, an open standard that makes transaction approvals human-readable and prevents blind signing—a critical security vulnerability that has enabled billions in losses across the ecosystem. This developer-led initiative targets wallet approval flows where users unknowingly authorize malicious transactions, marking a significant shift toward built-in security standards across Ethereum dApps.
Sources: BeInCrypto · Cointelegraph · Unchained
4. Bitcoin Price Repeating Historical Pattern With 77% Odds of New All-Time High Within One Year
Bitcoin | ★★★★☆
Technical analysis reveals Bitcoin is replicating a pattern from its 2020-2021 bull cycle with 77% probability of reaching a new all-time high within the next year, as BTC consolidates near $81K ahead of the critical CLARITY Act Senate vote. The pattern suggests macro tailwinds from regulatory clarity and institutional adoption could power the next leg higher, though resistance at $82.8K remains contested.
Sources: Cointelegraph
5. JPMorgan Files for Dual Tokenized Money Market Funds: One on Ethereum, One on Solana
Markets | ★★★★★
JPMorgan filed prospectuses for two separate tokenized money market funds—the JPMorgan OnChain Liquidity-Token Money Market Fund (JLTXX) on Ethereum and a second fund designed for stablecoin reserves on Solana—signaling Wall Street's accelerating institutional push into onchain infrastructure. The dual-chain strategy demonstrates JPMorgan's confidence in both Ethereum and Solana as viable platforms for regulated tokenized asset settlement.
Sources: CryptoSlate · Decrypt · Unchained
6. Chainlink Active Addresses Hit 8-Month High as DeFi Protocols Migrate $700M in Assets to CCIP
DeFi | ★★★★☆
Chainlink emerged as the big winner after the LayerZero security breach, with active addresses reaching an 8-month high and DeFi protocols migrating approximately $700M in cross-chain assets to Chainlink's CCIP (Cross-Chain Interoperability Protocol). This marks a decisive shift in market preference toward CCIP over competing cross-chain solutions, driven by LayerZero's acknowledged Lazarus Group attack on internal RPCs.
Sources: Crypto Briefing
7. Hot CPI Print Puts Bitcoin Back in Fed Rate Hike Crosshairs; Markets Shrug but Volatility Primed
Markets | ★★★★☆
April's hotter-than-expected CPI inflation report (though energy-driven rather than structural) has reignited the higher-for-longer interest rate narrative that has capped crypto markets throughout 2026. While stocks and crypto initially brushed off the print, the move back to $80K suggests investors are pricing in delayed Fed rate cuts—a macro headwind that could limit upside until June's data provides clarity.
Sources: CryptoSlate · Decrypt
8. Jane Street Slashes Bitcoin ETF Holdings, Adds Ethereum Funds in Q1 2026 Rebalance
Markets | ★★★☆☆
Institutional trader Jane Street reduced its Bitcoin ETF holdings while simultaneously increasing Ethereum fund positions in Q1 2026, signaling a tactical shift toward Ethereum's stronger price recovery and institutional acceptance narrative. This move mirrors broader institutional rebalancing trends and may indicate expectations for Ethereum outperformance amid Layer 2 adoption and DeFi growth.
Sources: Cointelegraph
9. 21Shares Launches First US ETFs Tracking Hyperliquid: THYP and TXXH on Nasdaq
Layer 2 & Infra | ★★★★☆
21Shares has launched the first US-traded ETFs tracking Hyperliquid (THYP and TXXH) on Nasdaq, bringing institutional exposure to one of crypto's hottest protocols since its November 2024 launch. This ETF expansion signals growing institutional appetite for decentralized exchange infrastructure and validates Hyperliquid's rapid climb to become a major DeFi player in just 6 months of operation.
10. Vietnam Plans Q3 Launch of Regulated Crypto Asset Market; First Major Southeast Asia Framework
Regulation | ★★★★☆
Vietnam is preparing to launch a regulated crypto asset market in Q3 2026, marking the first major Southeast Asian country to establish a comprehensive regulatory framework for digital asset trading. This development positions Vietnam as a potential regional hub for institutional crypto trading and signals accelerating regulatory clarity across emerging markets competing for crypto ecosystem growth.
Sources: Cointelegraph
11. Exodus Sells $87M in Bitcoin Holdings to Fund Expansion Into Full Crypto Payments Stack
Bitcoin | ★★★☆☆
Bitcoin wallet firm Exodus (EXOD) liquidated $87 million in BTC holdings in Q1 2026 to fund expansion into a full payments infrastructure play, moving beyond its core wallet business. This signals a pivot away from pure treasury accumulation toward building end-to-end crypto payment solutions—a trend that could impact BTC holdings data for corporate treasuries.
Sources: Decrypt
12. Ray Dalio Argues Bitcoin Still Lacks Safe-Haven Status Compared to Gold
Bitcoin | ★★★☆☆
Bridgewater Associates founder Ray Dalio reignited the long-running macro debate about Bitcoin's safe-haven properties, arguing that BTC has failed to behave like the protective asset many proponents expected during periods of geopolitical stress. His critique challenges the narrative that Bitcoin has achieved parity with gold as a crisis hedge, potentially influencing institutional allocation decisions.
Sources: NewsBTC
13. World Liberty Financial Burns 100M WLFI Tokens ($6.67M) in Effort to Stabilize Price
Markets | ★★☆☆☆
Trump-linked World Liberty Financial (WLFI) executed a $6.67M token burn of 100 million WLFI tokens as part of efforts to support the struggling token's price amid broader market pressure. The burn represents a typical supply-reduction play in the face of downtrend, though it reflects underlying weakness in the project's utility narrative.
Sources: CryptoNews
14. Starknet Launches strkBTC: Privacy-Enabled Bitcoin Wrapper Built on STRK20 Standard
Layer 2 & Infra | ★★★☆☆
Starknet launched strkBTC, a privacy-enhanced Bitcoin wrapper built using the STRK20 token standard, enabling anonymous Bitcoin transactions on Layer 2 infrastructure. This development addresses growing demand for privacy in cross-chain transactions and positions Starknet as a destination for users seeking confidentiality in DeFi interactions.
Sources: Unchained
15. Poland's Former Ruling Party Proposes Total Crypto Ban Amid Competing Digital Asset Bills
Regulation | ★★★☆☆
Poland's PiS (Law and Justice) party has introduced legislation to ban all digital asset activities in the country as lawmakers debate four competing crypto regulatory bills. The total ban proposal represents the strongest regulatory pushback in Central Europe and signals growing political division over crypto's role in the financial system.
Sources: Bitcoinist
16. Binance Announces Delisting of 5 Altcoins: ATA, FARM, MLN, PHB, SYS
Markets | ★★★☆☆
Binance announced the delisting of five tokens (Automata, Harvest Finance, Enzyme, Phoenix, Syscoin) effective May 27, 2026, causing immediate double-digit losses across all five assets. The delistings reflect Binance's continued tightening of listing standards and may signal underlying liquidity or compliance concerns with these projects.
Sources: BeInCrypto
17. Upexi Net Loss Balloons to $109.3M on Solana Treasury Markdown; Treasury Model Under Pressure
Markets | ★★★☆☆
Solana treasury firm Upexi (UPXI) reported a $109.3M net loss for Q3 FY2026—a 2,776% jump from the previous year's $3.8M loss—primarily due to markdown of its substantial Solana holdings. This dramatic reversal casts doubt on the corporate treasury accumulation model during volatile crypto cycles and signals potential stress in the emerging Solana-treasury ecosystem.
Sources: BeInCrypto · Cointelegraph
18. Trump-Xi Summit Brings Elon Musk, Larry Fink, Jensen Huang: Crypto Markets Pricing in Trade Deal Impact
Markets | ★★★☆☆
President Trump's high-stakes Beijing trip with major tech and finance leaders (Elon Musk, Larry Fink, Jensen Huang) is signaling potential US-China trade breakthroughs that could reshape crypto mining dynamics and geopolitical regulatory arbitrage. Crypto markets are actively pricing in deal possibilities, with implications for mining competition and institutional capital flows between jurisdictions.
Sources: Crypto Briefing · BeInCrypto
19. EToro Q1 Profits Surge 37% on Commodities Boom While Crypto Trading Volume Drops 32%
Markets | ★★☆☆☆
Retail trading platform EToro reported a 37% profit jump in Q1 2026 driven by commodities trading strength, while crypto trading volume declined 32% year-over-year. The divergence signals waning retail crypto participation during sideways market conditions and increasing investor preference for inflation-hedge assets like gold and copper.
Sources: Cointelegraph
20. Copper Hits All-Time High on Supply Tightness; Altcoin Rally Signal Amid Global Commodities Supercycle
Markets | ★★☆☆☆
Copper futures surged to a record $6.69/lb (+16.98% YTD), outpacing gold's 8.38% gain and signaling a generalized commodities supercycle. This macro backdrop supports the altcoin narrative of inflation-driven asset rotation and may provide tailwind for inflation-correlated assets like Bitcoin, though immediate crypto momentum remains tied to Fed policy clarity.
Sources: BeInCrypto
Read online: xdaily.net/2026-05-13/
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