jpyxx From Monday to Thursday, the market’s oracle taxied a cumulative $619 million outflow across four bleak days. Then, on the fated Friday, when the sun rose, a sudden torrent of $737 million surged through the vaults, turning the week’s balance from gloom to optimism.
However, he framed this massive wipeout as a healthy and necessary market-clearing process.
The chart shows the total value of positions closed due to liquidations – red represents short positions and green represents long positions – from May 2025 to May 2026. Long positions (shown in green) were liquidated far more often than short positions. This has been consistently true throughout the past year, with Bitcoin historically being more likely to eliminate leveraged bets that prices would go up than bets that prices would go down.
Aave LLC has urgently asked a New York court to lift a hold on approximately $71 million in Ethereum (ETH). This money, currently blocked, is intended to be returned to people who were previously affected by a security issue.
Once the Act has been wrapped in the garb of “markup,” the Senate, that great assembly of stairwell philosophers, steps forward to dissect it with the same care a grandmother uses to scrub a stubborn broth pot. Five committees, each a cloak of jurisdiction over digital treasures, will wrestle in a ballet of language, thesholds, and haggling over whether a stablecoin should have a yield ye that causes the small‑business roots to wither. It is a performance staged beneath the bright lights of the political theater, where the actors mutter that this is “a big deal,” while their true motives linger in the shadows of the Greek myths of hubris and delusion.
Bullish’s recent purchase of Equiniti, announced on May 5th, makes it a central player in the emerging market for digital securities. Equiniti already handles shareholder records for 20 million people and acts as a transfer agent for 3,000 large companies, instantly connecting Bullish to the established financial system for traditional stocks. Bullish believes this deal will create a leading global system for managing the transfer of digital securities.
On May 5th, the cryptocurrency market experienced a rebound, with Bitcoin climbing back over $81,000 and most major coins seeing price increases. Smaller, more volatile altcoins also saw significant gains, with Utya leading the way with a nearly 100% increase to $0.04145. Dogs, LAB, Small Thing, and wojak also performed well, rising by 78.4%, 62.9%, 43.4%, and 38.4% respectively.
On Monday, Western Union unleashed this digital beast, a U.S. dollar-backed stablecoin issued by Anchorage Digital Bank N.A. The token promises 24/7 settlement with agents and partners across its global network. This follows their April revelation that USDPT would initially replace SWIFT-based interbank settlements, because who needs outdated systems when you can have blockchain?
The wallet was public. Anyone with a Basescan tab could see it.
The numbers, dry as a Bolshevik’s humor, tell a story: a mere $3 million trickled into global XRP-based ETPs, a pittance compared to the $25 million of the previous week. And yet, in this desert of enthusiasm, XRP stands taller than Ethereum, which bled $81.6 million in outflows. Oh, the schadenfreude of it all!