Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows

The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion.

source https://www.coindesk.com/markets/2026/05/20/elon-musk-s-spacex-holds-18-712-bitcoin-at-fair-value-of-usd1-29-billion-ipo-filing-shows

Securitize remains in the red even as record quarter fuels public listing plans

The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II.

source https://www.coindesk.com/markets/2026/05/20/securitize-remains-in-the-red-even-as-record-quarter-fuels-public-listing-plans

This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says

The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns.

source https://www.coindesk.com/markets/2026/05/19/this-bitcoin-bear-market-is-different-with-uniquely-pessimistic-traders-limiting-downside-k33-says

Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise

The crypto asset manager argued the market is mispricing Hyperliquid as a niche derivatives exchange instead of a fast-growing “super-app” for global trading markets.

source https://www.coindesk.com/markets/2026/05/19/hyperliquid-s-hype-one-of-crypto-s-most-undervalued-assets-says-bitwise

SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg

The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.

source https://www.coindesk.com/policy/2026/05/18/sec-to-propose-tokenized-stock-framework-as-wall-street-efforts-deepen-bloomberg

Minnesotan banks and credit unions set to provide crypto custody August 1

Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

source https://www.coindesk.com/policy/2026/05/18/minnesotan-banks-and-credit-unions-set-to-provide-crypto-custody-august-1

Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say

The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.

source https://www.coindesk.com/markets/2026/05/18/hyperliquid-s-usdc-deal-could-supercharge-hype-pressure-circle-coinbase-margins-analysts-say