Markets
Financial markets coverage across assets, prices, and trading-driven developments.
Spain blocks Polymarket and Kalshi over gambling-licence rules
Spain’s gambling regulator has opened sanctioning proceedings against Polymarket and Kalshi and ordered their websites blocked, saying they were operating without the required licence.
Strategy completes $1.5 billion debt repurchase
Strategy said it completed a repurchase of about $1.5 billion of its 0% convertible senior notes due 2029 for about $1.38 billion in cash, reducing its outstanding convertible debt to $6.7 billion.
Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins
Strive disclosed in an SEC filing that it bought 1,109 bitcoin between May 19 and May 22 at an average price of about $76,989 per coin, lifting its total holdings to 16,500 BTC. The company also said it is evaluating a near-term refresh of its at-the-market programs.
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MiCA-Compliant Euro Stablecoin Depegs to $0.85 After Alleged Multisig Exploit
StablR’s euro stablecoin EURR fell to about $0.85 on May 24 after reports of an alleged 1-of-3 multisig exploit. Coverage said the incident also hit USDR, with some reports estimating about $2.8 million extracted and market data showing a sharp same-day depeg.
SEC Approves Nasdaq Bitcoin Index Options In New Institutional Milestone
The SEC has granted accelerated approval for Nasdaq PHLX to list and trade Nasdaq Bitcoin Index Options, marking a new step for regulated Bitcoin derivatives on a major U.S. exchange.
Bitcoin sinks to $74,300 as spot ETFs bleed $2.26 billion in two weeks
Bitcoin fell to about $74,300 on May 23 as U.S. spot Bitcoin ETFs logged more than $2.26 billion in outflows over two weeks, adding pressure to a broader crypto selloff.
ICE and OKX announce perpetual Brent and WTI oil futures
ICE and OKX said they will launch perpetual futures on OKX tied to ICE Brent and WTI crude benchmarks, extending the exchange’s commodity-perpetual product line into traditional energy markets.
ICE Brent and ICE WTI Perpetual Futures to Launch on OKX
ICE and OKX announced plans to launch perpetual futures tied to ICE Brent Crude and ICE WTI Crude benchmarks on OKX, expanding the exchange’s commodity offerings.
Bitcoin slips late Friday as Warsh takes over at the Fed
Bitcoin fell late Friday after trading near $77,000 earlier in the day, as Kevin Warsh was sworn in as Federal Reserve chair and markets reassessed the outlook for interest rates and inflation.
SEC Commissioner Peirce says tokenized-stock exemption likely will not cover synthetic tokens
SEC Commissioner Hester Peirce is pushing back on interpretations that the SEC’s expected tokenized-stock exemption would allow synthetic securities, narrowing expectations for the agency’s next move on tokenization.
Polymarket Targets Japan Market Entry, Appoints Representative in Push for 2030 Approval
Polymarket is preparing a longer-term push into Japan, according to Reuters-reported coverage that says the prediction market platform has appointed a local representative and is seeking approval by 2030. The company’s own help pages still list Japan as restricted.
Dollar dips, yen edges toward danger zone
The dollar eased after reports of renewed hopes for a U.S.-Iran deal, while the yen remained near 160 per dollar, a level traders view as a possible trigger for Japanese intervention.
How is Ethereum’s privacy push going? Vitalik answers
Vitalik Buterin’s latest comments on Ethereum privacy line up with Ethereum Foundation roadmap updates that put native account abstraction, censorship resistance, and Kohaku-related wallet work near the center of 2026 planning. The items are still roadmap targets, not live protocol changes.
CFTC names DJ Hennes director of the Market Participants Division
The CFTC announced on May 18 that DJ Hennes will lead its Market Participants Division. The agency said he brings experience in governance, risk, compliance, enforcement, crypto assets and prediction markets from roles at KPMG and Promontory Financial Group.
AFX launches sovereign Layer 1 for on-chain perp DEX execution
AFX says its Layer 1 mainnet is live, positioning the network as a sovereign execution layer for on-chain perpetual futures DEXs. The launch follows an April testnet announcement.
![[SMM Analysis] Lithium Ore and Recycling in Q4 2025: From Demand Resonance to Peak Sentiment, Returning to Rational Valuation Recovery in Q1 2026 - Shanghai Metals Market (SMM)](https://imgqn.smm.cn/production/admin/news/en/pic/uJEsE20251231154623.png)
SMM to Launch Weekly Lithium Ore and Concentrate Port Inventory Data on May 22
Shanghai Metals Market said it will launch weekly lithium ore and concentrate port inventory data on May 22, covering key Chinese transit ports and updating every Friday at 16:00.
TOYO Co. stock rises 4% on strong Q1 beat, reaffirmed guidance
TOYO Co. shares rose about 4% after the company reported first-quarter 2026 revenue of $142.8 million, a 177% increase year over year, and reaffirmed full-year guidance.
Agilysys surges after earnings beat and FY2027 outlook
Agilysys rose after reporting fiscal fourth-quarter results that beat expectations and issuing fiscal 2027 revenue guidance above consensus. The company said fourth-quarter revenue reached $82.9 million and adjusted diluted EPS was $0.63.
Brady shares rise after earnings beat and guidance raise
Brady Corporation reported fiscal third-quarter results above estimates and raised full-year adjusted EPS guidance, sending shares higher in premarket trading.
Copper hits one-week low on China demand concerns, oil surge
Copper fell to a one-week low as traders weighed weaker China demand signals and higher oil prices, with official Chinese data reinforcing the slowdown narrative.
US extends Russian oil sanctions waiver for 30 days
The U.S. has extended by 30 days a sanctions waiver covering Russian seaborne oil cargoes already loaded on vessels, Treasury Secretary Scott Bessent said on May 18, according to AP and Reuters. The move follows pressure in energy markets tied to the Iran war and keeps stranded cargoes eligible for delivery and sale under the exemption.
San Juan Basin Royalty Trust says it will skip its May distribution
San Juan Basin Royalty Trust said it will not declare a May 2026 cash distribution, citing excess production costs and continued weak natural gas prices. The trust said cumulative excess production costs totaled about $8.48 million gross.
zerohash receives EMI license from Dutch Central Bank
zerohash said its Dutch subsidiary has received an Electronic Money Institution license from De Nederlandsche Bank, expanding its regulated stablecoin and payment services in the EEA.
Abaxx to Launch Silver Singapore Futures on May 22, 2026
Abaxx Exchange said it will launch Silver Singapore futures on May 22, 2026, adding a physically oriented silver contract to its precious-metals suite in Singapore.