SpendNode Podcast: Crypto News & Analysis

Bullish reported a $605M loss tied to a fall in the value of its crypto holdings, missing estimates and sending BLSH shares lower after the print.

CME Group's first market-cap weighted crypto index futures debut June 8, tied to the Nasdaq CME Crypto Index. Here is what changes for institutional desks.

The Senate Banking Committee is marking up the CLARITY Act today after 100+ amendments. Coinbase CEO Brian Armstrong calls the vote a major opening for US crypto.

Fireblocks CEO Michael Shaulov says migrating Bitcoin to post-quantum signatures is mostly a coordination issue. The cryptographic algorithms already exist.

The Bank of England is reconsidering proposed holding caps and reserve rules for sterling stablecoins after sustained industry pressure, per a May 14 report.

Spot Bitcoin ETFs saw a $635 million one-day outflow as BTC slid 1.5% to $79,874, a sharp swing in institutional positioning.

Anthropic's Claude AI walked a long-time bitcoin holder through recovering 4.96 BTC, worth roughly $395,000, from a damaged computer untouched for years.

Court documents show OpenAI CEO Sam Altman holds over $2 billion in stakes across companies that have done business with OpenAI, Cointelegraph reports.

Kevin Warsh takes over the Federal Reserve with inflation still elevated and oil rising. Bitcoin fell 2.1% to $79,324 on the news.

Hong Kong's Li Ka-shing family is offloading large parts of its empire to build a cash stockpile, while SOL drops 5% and BTC dips 2.2% in 24 hours.

Cerebras priced its IPO at $185 per share, raising $5.55 billion in one of 2026's largest tech listings as AI compute demand reshapes capital flows.

Solana fell 4.4% and Bitcoin slipped 1.8% on May 14 as Trump and Xi opened Beijing talks with a trade truce and Iran war on the agenda.

Latvia's central bank granted Paybis a combined MiCA CASP and PSD2 payment institution license, the first dual authorization the regulator has issued.

Global M2 climbed to a record $121.9 trillion, adding $17.1T in two years. The number revives the Bitcoin debasement trade as BTC trades at $79,582.

Metaplanet posts ¥3.08B Q1 FY2026 revenue, up 251% year over year, with BTC Yield reaching 2.8% quarter to date on its Bitcoin treasury strategy.

eToro's Q1 2026 crypto revenue fell to $2.15B from $3.5B as commodities became 60% of trading commissions, yet the broker still posted a record $82M profit.

JPMorgan filed a prospectus on May 12 for a tokenized cash fund built on Ethereum and Solana, putting institutional liquidity on two public chains.

Blockchain analytics firm Elliptic closes a $120M Series D backed by Nasdaq Ventures and Deutsche Bank, valuing the company at $670M as compliance demand grows.

Arkham identified wallets linked to Iran's central bank after Tether froze $344 million in USDT flagged for sanctions evasion.

Injective's INJ added roughly $56M in market cap following the on-chain launch of pre-IPO stock tokens for OpenAI, SpaceX, and Anthropic.

Coinbase added Solana as accepted collateral for USDC loans up to $100,000, giving SOL holders cash without selling and adding a third asset to its lending product.

BlackRock has filed with the SEC for a second tokenized fund built on Securitize infrastructure, deepening its on-chain asset push beyond BUIDL.

Sen. Jack Reed introduced legislation to bar crypto from US tax payments, federal reserves, and Fed master accounts, raising the regulatory bar mid-CLARITY Act.

Senate Banking Committee members filed over 100 amendments to the crypto market structure bill ahead of Thursday's markup, Politico reports.

Charles Schwab has started rolling out Schwab Crypto accounts to retail clients, letting them buy BTC and ETH alongside stocks and bonds.

Kelp DAO and Aave finished recovery steps for the rsETH exploit, burning the attacker's tokens and committing to refill 117,132 rsETH over two weeks.

US banking groups sent more than 8,000 letters to Senate offices since Friday urging lawmakers to revisit the stablecoin yield compromise.

VanEck data shows Layer 1 blockchain tokens have fallen 49% since the start of 2025 while listed crypto equities have gained 48%, a near 100-point gap.

CleanSpark posted a $378.3M net loss for fiscal Q2 2026, with $224.1M tied to non-cash items, even as the miner kept expanding its hashrate footprint.

Exodus Movement reported a $32.1M Q1 net loss as revenue dropped 36.8% to $22.7M. The wallet maker sold 63% of its bitcoin treasury to finance deals.

Banque de France's Denis Beau calls for private tokenized euro mobilization, splitting publicly with ECB President Lagarde's wholesale-first digital euro plan.

DTCC is wiring Chainlink standards into its Collateral AppChain to enable 24/7 collateral workflows across a $114 trillion settlement footprint.

CertiK attributes 60% of 2025 crypto theft to North Korean state-sponsored groups, with $2.1B stolen across Bybit, DMM, and DeFi targets.

Anthropic voided all unauthorized secondary share trades on May 11 as tokenized venues pushed its implied valuation past $1.6 trillion, raising litigation risk.

Grayscale updates its Hyperliquid ETF prospectus to add HYPE staking, putting yield-bearing exposure in front of US regulators just as a competing product begins trading.

Standard Chartered estimates XRP ETFs could draw $4-8B by year-end if the CLARITY Act passes, with Flare's XRPFi catching institutional attention.

May 2026 token unlocks reach $187.65M across the top 7 names, with TON's $86M release leading the pack and adding supply pressure to a flat market.

Cathie Wood's Ark Invest bought $5.5M of Circle stock across ARKK, ARKW, and ARKF on May 11, adding to existing positions in the USDC issuer.

South Korea's largest crypto exchange Upbit adds Venice Token (VVV) with KRW, BTC, and USDT trading pairs, opening Korean retail access to the AI inference token.

MultiBank's mb.io launches institutional gold tokenization with Kings Orbis, EON3, and Mavryk. West African bullion is vaulted in Dubai under LBMA custody.

Bitmine's Ethereum treasury crossed 5.2 million ETH after a 26,659 ETH purchase last week. At current prices the position is worth more than $12 billion.

Hidden Road, Ripple's prime-brokerage unit, raised $200M from Neuberger Berman to expand cross-asset margin trading across TradFi and crypto markets.

Digital asset funds drew $858M last week, a six-week high, as a Senate stablecoin deal and CLARITY Act progress pulled institutional money back in.

Physical extortion of crypto holders has produced more than $100M in losses in the first four months of 2026, per CryptoSlate. Here is what is driving it.

Circle pulled in $222M from investors for the token tied to its Arc blockchain at a $3B valuation, per CNBC reporting picked up by WuBlockchain on May 11.

Bloomberg reports a16z crypto is leading a funding round for Canton Network operator Digital Asset that targets a $2 billion valuation.

Tether's QVAC project debuts as a decentralized, local-first AI runtime that the company frames as its second reserve asset alongside the dollar.

CoinGecko data shows tokenized gold spot volume in Q1 2026 has already surpassed the entire 2025 total, with XAUT and PAXG leading the surge.

Mining pools controlling roughly 75% of Bitcoin hashrate are joining a common open standard for block construction, a structural decentralization shift.

Crypto.com received the UAE Central Bank's Stored Value Facilities license, the first VASP to do so, opening direct AED issuance and wallet rails.