Crypto Overview: SEC Regulation, New Funds, and Market Trends
Paul Atkins has officially taken office as SEC Chair, a move that could radically reshape the regulation of crypto ETFs in the United States. Meanwhile, the Oregon Attorney General has filed suit against 31 tokens—including UNI, AAVE, FLOW, LINK, MKR, and XRP—as unregistered securities, greatly expanding the list beyond prior SEC actions.
New Investment Vehicles
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Grayscale’s Decentralized AI Fund is now live, with a portfolio weighting of NEAR (24.54 %), TAO (27.18 %), RENDER (22.75 %), FIL (17.26 %), GRT (8.27 %) and LPT.
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Astra Fintech has launched a $100 million fund to spur growth of the Solana ecosystem across Asia.
Bitcoin Dynamics Amid Macro Headwinds
Bitcoin is climbing as the S&P 500 (-3.35 %) and Nasdaq (-3.5 %) slump, the DXY strengthens, and the VIX hovers around 30—signals that, according to analysts, point to BTC’s emergence as a safe‑haven asset. On the chart, BTC has faced strong resistance in the $88,000–$91,000 band, marked by the 100‑ and 200‑day moving averages and the midpoint of its consolidation channel.
Odds and Opportunities: Tokens & ETFs
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The probability of an interest‑rate cut at the Fed’s May meeting is under 10 %.
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On Hyperliquid, anyone can become a validator by staking 10,000 HYPE tokens for one year; the protocol automatically selects the top 21 stakers to secure the network.
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The SEC has notified the court it will not appeal the ruling on Richard Heart’s PulseChain, PulseX, and HEX, effectively recognizing their legitimacy.
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Over 70 ETF applications await SEC review in 2025, including proposals for SOL (6 issuers), XRP (10 issuers), as well as funds for LTC, Dogecoin, and crypto derivatives.
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SOL wallet counts have fallen from 11.11 million to 10.83 million.
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In February, global central banks purchased US Treasury bills at the fastest pace since the 2008 crisis.
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According to CoinDesk, the US derivatives regulator is weighing 24/7 crypto oversight via Project Horizon.
Expert Commentary
US Senator Cynthia Lummis argues that strategic Bitcoin reserves could halve the national debt within 20 years.
News
Bitcoin Enters Price Discovery as Whale Trades and Macro Signals Roar
Bitcoin hits new all-time highs eyeing $116K–$148K levels, a 40× whale long nets $40M, Fed’s $50B self-buy sparks hyperinflation warnings, and analysts see BTC at $120K+ soon.
Whale Opens $830 M 40× BTC Long; Hayes & Novogratz Issue Bold Crypto Forecasts; Key Legislative and Tech Updates
A BTC whale takes a $830 M 40× long, Bitcoin logs six consecutive green weeks, the GENIUS Act advances in the Senate, and Arthur Hayes predicts ETH at $10K–$15K as Solana’s Alpenglow upgrade nears.
GENIUS Act Advances in Senate as Crypto Markets Rally on Regulatory Clarity and Network Milestones
The GENIUS Act moves to full Senate debate ahead of Memorial Day, while Bitcoin and altcoins benefit from reduced exchange reserves, protocol upgrades, and bullish forecasts from industry leaders.
Bitcoin Closes at $106,500, Dollar Falls After Moody’s Downgrade, and Hayes & Novogratz Forecast Crypto’s Next Moves
Bitcoin hit a record weekly close of $106,500; the dollar slid to 100.85 after Moody’s downgrade; Arthur Hayes forecasts a summer altseason and $250K BTC, Michael Novogratz sees a $22 trillion crypto market.
Key Crypto and Market Updates: Arrests, Network Milestones, and DeFi Developments
Ex-Binance exec arrested for $15M fraud; Avalanche hits 1.95M active addresses; over 1M ETH withdrawn from exchanges; Fusaka devnet on May 26; MetaMask adds Solana; consumer sentiment at 43-year low.
