21shares launched THYP to give U.S. investors spot exposure to HYPE with 
integrated staking rewards. The ETF recorded $1.8 million in first-day trading 
volume, while a leveraged companion product also entered the market. 
Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares 
announced on May 12 the launch of the 21shares Hyperliquid ETF […]

21shares Debuts US HYPE ETF With $1.8M Day-One Volume on Nasdaq

The CLARITY Act could reshape crypto regulation by balancing innovation 
protection with enhanced law enforcement, impacting global digital asset 
dynamics.
The post Cynthia Lummis highlights CLARITY Act&#8217;s protections for developers 
and law enforcement tools appeared first on Crypto Briefing.

Cynthia Lummis highlights CLARITY Act’s protections for developers and law enforcement tools

Strategy&#8217;s Bitcoin-centric approach highlights potential for institutional 
crypto adoption but faces volatility and regulatory challenges.
The post Michael Saylor details Strategy&#8217;s $62B Bitcoin buying spree and 
Stretch credit engine in CoinDesk interview appeared first on Crypto Briefing.

Michael Saylor details Strategy’s $62B Bitcoin buying spree and Stretch credit engine in CoinDesk interview

The boardroom turmoil highlights the fragility of AI governance, potentially 
reshaping tech partnerships and nonprofit structures in the sector.
The post Nadella criticizes OpenAI&#8217;s board for &#8216;amateur city&#8217; removal attempt 
appeared first on Crypto Briefing.

Nadella criticizes OpenAI’s board for ‘amateur city’ removal attempt

The UAE&#8217;s covert strikes on Iran risk escalating regional tensions, 
potentially reshaping Gulf alliances and impacting global oil markets.
The post United Arab Emirates conducts secret military strikes on Iran 
appeared first on Crypto Briefing.

United Arab Emirates conducts secret military strikes on Iran

The massive surge in the Bitcoin price since April 2026 is still viewed as 
part of a broader bear market phase, according to on-chain analytics platform 
CryptoQuant. While some market experts believe the rebound could signal a new 
bull run, CryptoQuant&#8217;s unrealized profit data show the numbers are nowhere 
near bull-market levels. Notably, as BTC’s value increases, rising selling 
pressure could threaten the cryptocurrency’s ongoing rally, potentially 
triggering a price breakdown. Profit-Taking Hits Three-Month Highs After 
Bitcoin Price Surge Bitcoin’s rally to $82,000 on May 6 came as a shock to the 
broader digital asset market, as that was the first time the cryptocurrency 
had reached that level since late January 2026. Initially, BTC broke above 
$81,000 on May 5 and pushed toward $82,000 the next day, only to be rejected. 
Now, after the surge, Julio Monero, the Head of Research at CryptoQuant, 
believes that investors could be gearing up to take profit, potentially adding 
more volatility to the cryptocurrency’s price. Related Reading: Here Are The 
Major Bitcoin Levels To Watch After Breaking $80,000 Monero said in an 
analysis report that Bitcoin holders realized daily profits of up to 14,600 
BTC on May 4, marking the highest single-day figure since December 10, 2025. 
Net profits on a 30-day basis also surged, with holders realizing over 20,000 
BTC. These numbers reinforce the analyst’s belief that selling pressure may be 
imminent. The CryptoQuant analyst also noted that Bitcoin has skyrocketed over 
20% since the beginning of April, now trading around $80,000 after its latest 
rally. To some, this might look like a renewed and sustainable bull run. 
However, he described the move as a “bear market rally,” suggesting that 
Bitcoin remains within a broader bear trend despite recent price gains. Monero 
also revealed that BTC’s price surges since April have been fueled by easing 
macroeconomic pressures and an earlier undervaluation, which kept its price 
depressed all through January to March 2026. He added that a sharp increase in 
demand for perpetual futures has helped prop up BTC’s price, suggesting that 
much of the buying is probably driven by leveraged traders rather than fresh 
spot accumulation. All of these developments appear to be pushing the 
cryptocurrency’s price upward despite social and whale sentiment still firmly 
in the Fear territory. At the same time, price score and volatility indicators 
are flashing Greed, signaling that BTC’s rally is likely being driven by price 
action alone, rather than any meaningful or real shift in how investors 
actually feel about the market. Analyst Flags Upcoming Downside Risk For BTC 
In his report, Monero added that Bitcoin’s 30-day realized profit of over 
20,000 BTC is still a long way from the 130,000 to 200,000 BTC range typically 
seen in bull markets. He believes the gap alone suggests the market could 
still have more pain ahead. Related Reading: Here’s The Next Major Bitcoin 
Resistance To Watch Out For Before A Crash Beyond the broader bear market and 
potential selling pressure, Monero also highlights specific warning signs that 
raise Bitcoin’s downside risk. He noted that while perpetual futures continue 
to climb, spot demand and exchange inflows remain weaker than expected. He 
described this setup as one that is “consistent with a rally that carries 
meaningful correction risk but has not yet reached a confirmed distributional 
peak.” Featured image from Pixabay, chart from Tradingview.com

21shares Debuts US HYPE ETF With $1.8M Day-One Volume on Nasdaq

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