PAC Lauds Texas Primary Wins, Says it will ‘Aggressively Back’ Pro-Crypto Candidates in Future Races

After six Republican and Democratic candidates supported by cryptocurrency-backed interest groups won primaries for US House of Representatives and Senate seats in Texas, one of the biggest political action committees (PACs) said it would “aggressively back leaders” supporting crypto policies in the future. On Tuesday, candidates notched six wins for congressional runoff primaries in Texas, supported…

HYPE ETFs Lead Crypto ETF Debuts by Market-Cap Flow Metric

Spot Hyperliquid exchange-traded funds absorbed 1.04% of HYPE’s market capitalization in their first 10 trading days, giving them the strongest crypto ETF debut by one market-cap-adjusted demand metric, according to Kairos Research. Kairos compared cumulative net flows into new spot crypto ETF issuers against the market capitalization of each underlying asset at launch. By this…

Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

Key points: Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment. Most major altcoins look weak, suggesting the bears are in control. Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be…

The GENIUS Act Repriced Bitcoin’s Monetary Premium

Welcome to our institutional newsletter, Crypto Long & Short. This week: Ravi Tanuku on how the GENIUS Act repriced bitcoin’s monetary premium Jesper Johansen on looped ETH staking without lending market exposure Top headlines institutions should pay attention to by Francisco Rodrigues “NEAR Intents fee run-rate holds as price recovers off $1 lows” in Chart…

HTX Denies UK Sanctions Allegations as Data Links Exchange to Russia‑Linked Flows

Sanctioned crypto exchange HTX is pushing back against the United Kingdom’s decision to blacklist Huobi Global S.A., the Panamanian company behind the platform, over allegations it helped Russia move money through a shadow “A7” network. In its latest Russia sanctions package on May 26, the UK accused Huobi Global of providing financial services and economic…

Here’s Why Analysts say XRP Price is Extremely ‘Undervalued’ at $1.30

XRP (XRP) is down roughly 64% from its July 2025 multi-year high, but several onchain and technical indicators suggested the altcoin was due for a “strong price rebound.” Key takeaways: XRP’s MVRV ratio fell to -47%, a level historically linked to strong market rebounds and accumulation. XRP Ledger transaction spikes suggest rising network activity and…

Bitcoin Should see ‘Aggressive Repricing’ if M2 Correlation is Valid: Analysis

Bitcoin (BTC) is “completely mispriced” to the downside in 2026 compared to global liquidity, new analysis argues. Key points: Bitcoin price weakness relative to global liquidity hits levels never seen before. M2 money-supply correlation calls for an “aggressive” BTC price rebound. Critics argue that phenomena such as the four-year BTC price cycle take precedence over…

Ethereum Bull David Hoffman Shares Why He Sold His ETH

David Hoffman, an Ethereum advocate and the co-founder of the media company Bankless, said he sold the remainder of his Ether (ETH) holdings last week because the “ETH is Money” thesis has largely “played out.” Hoffman said in an X post on Tuesday that “Ethereum got the ETH price it deserves, and I don’t see…

Crypto Advocacy Group Pushes Back Against US Senator’s Claims on Companies’ OCC Charters

Update (May 26 at 9:30 pm UTC): This article has been updated to include statements from The Digital Chamber. The Digital Chamber, a cryptocurrency advocacy group that has been closely involved in negotiations with US lawmakers over digital asset-related legislation, questioned three-term Massachusetts Senator Elizabeth Warren’s understanding of banking laws as applied to crypto companies….

Crypto PACs spend $9 million in Texas and score wins in both parties

Crypto-focused political committees are flexing their growing bipartisan political muscle in Texas, spending more than $9 million on races this cycle as Tuesday’s primaries deliver a string of wins for industry-backed candidates across both parties. Houston Democrat Christian Menefee defeated fellow Democrat Rep. Al Green in the Democratic primary runoff for Texas’s 18th Congressional District,…