Daily digests
Crypto News Digest: May 13, 2026
The stories that moved crypto on May 13, 2026.
40 stories
All crypto news
Fidelity International’s first tokenized fund receives top-tier AAA-mf rating from Moody’s
Fidelity International's first tokenized fund, FILQ, receives a top-tier AAA-mf rating from Moody's, validating its creditworthiness. This fund, modeled after Fidelity's existing LVNAV fund, offers 24/7 redemptions and settlements, providing investors with increased liquidity and flexibility. The rating reflects FILQ's strong credit profile, paving the way for further adoption in the tokenized fund market.
Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant
Bitcoin's recent rally is being cut short as profit-taking rises and US demand falls, according to CryptoQuant. The top crypto asset stalled at a critical level, a position that has previously led to major downturns, with 75% of traders now holding a profit. This shift in sentiment may indicate a reversal, potentially impacting the market's overall momentum and investor confidence.
Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup
Coinbase CEO Brian Armstrong is supporting the CLARITY Act, a bill aimed at facilitating crypto transactions with banks, stating it's "closer than ever" to advancing in the US Congress after months of negotiations. Industry stakeholders have reportedly reached a consensus, increasing optimism about the bill's chances of passing, potentially easing banking restrictions for crypto companies.
Bitcoin Owner Claims Claude AI Cracked Lost Wallet Password, Netting $400K in BTC
A Bitcoin owner is claiming that Claude AI cracked their lost wallet password, netting a $400,000 windfall in BTC. The user shared a viral thread on X, garnering millions of views.
Stork promises ‘true’ 24/7 price discovery for stocks and gold tapping Binance and other perps markets
Stork is launching a 24/7 oracle that switches to perpetual futures markets for 'true' price discovery, tapping into Binance and other perp markets. This innovation aims to provide continuous price discovery, eliminating gaps and discrepancies. By leveraging perpetual futures, Stork seeks to enhance market efficiency and accuracy, benefiting traders and investors alike in the cryptocurrency space.
Morning Minute: CPI Comes In Hot; Stocks, Crypto Shrug
CPI data is released, showing a sharp increase, but markets remain relatively calm, with stocks and crypto prices barely budging. Meanwhile, the Clarity Act is gaining traction, receiving 100 amendments ahead of its markup tomorrow, sparking debate on its potential impact on financial regulations, as investors closely watch its progression and implications for the industry.
Metaplanet posts $725 million Q1 net loss as bitcoin markdowns outweigh operating gains
Metaplanet is posting a $725.6 million net loss in Q1 due to significant bitcoin markdowns, despite a 283% increase in operating profit. The company's valuation of bitcoin has decreased, outweighing its operational gains. This substantial loss will likely impact Metaplanet's financial stability and may influence investor confidence in the company's future prospects, affecting its market value.
The 2020 signal returns: Why the copper-to-gold breakout could point to bitcoin breakout
The copper-to-gold ratio has climbed above its 200-day moving average for the first time meaningfully since September 2020, a move that has historically preceded major bitcoin rallies. This significant breakout could be a signal for bitcoin, with the ratio's past performances indicating potential price increases for the cryptocurrency, potentially leading to a major rally in the coming months.
Ethereum closes gap with Solana as DEX volumes converge near $45 billion
Ethereum and Solana are closing the gap in decentralized exchange volumes, converging near $45 billion, a significant milestone that gives both chains another chance to position themselves and capture volume when onchain activity rotates back, potentially shifting market share and influencing the DeFi landscape, which is expected to drive cryptocurrency adoption and growth in the coming months.
Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line
Metaplanet reports a significant Q1 operating income boost driven by Bitcoin options revenue, however, the company's bottom line is impacted by a $728 million loss due to valuation markdowns triggered by Bitcoin price declines. This unexpected loss highlights the volatility of the crypto market, underscoring the risks faced by companies heavily exposed to cryptocurrency price fluctuations.
Live markets: Bitcoin dips below $80,000 as producer price inflation surges to 6%
Bitcoin dips below $80,000 as producer price inflation surges to 6%, significantly exceeding forecasts in April. Rising oil prices and Iran-related supply risks fuel concerns of another inflation wave. This development is reviving fears of monetary policy tightening, potentially impacting cryptocurrency markets and their correlation with traditional assets, weighing on investor sentiment.
CoinDesk 20 performance update: SUI drops 3.2% as index trades lower
Bittensor (TAO) is down 2.7% from Tuesday, joining Sui (SUI) as an underperformer, with SUI specifically dropping 3.2% in the CoinDesk 20 index. The index trades lower, reflecting a broader market downturn. Market volatility persists, with cryptocurrency prices fluctuating in response to shifting investor sentiment and economic conditions, impacting overall market stability and investor confidence.
Anthropic, OpenAI tokens plunge as AI firms say pre-IPO share transfers are invalid
Anthropic and OpenAI tokens on Solana are plummeting as both AI companies declare pre-IPO share transfers invalid, potentially rendering the tokens worthless. The tokens, valued at $1.2 billion, claim to track private-market valuations of the companies. This development raises concerns about the legitimacy of these tokens and their holders, sparking a market-wide reevaluation of AI-related assets.
Strategy’s STRC may be fueling recurring mid-month bitcoin rallies, K33 says
Strategy's STRC is reportedly fueling recurring mid-month bitcoin rallies, according to K33. Strong bitcoin returns were seen in March and April, with 12.6% and 11.4% gains respectively during the middle of the month.
Farage faces UK standards probe over $7M gift from crypto billionaire
Nigel Farage, UK Reform Party leader, is facing a probe over an undeclared $7 million gift from crypto billionaire Christopher Harborne, reportedly received before becoming an MP in 2024. The investigation is ongoing, with potential implications for Farage's parliamentary career and integrity. The probe may also impact the UK's crypto industry, raising concerns about regulatory transparency and accountability.
Anchorage and Mexican billionaire’s Grupo Salinas ink cross-border payments partnership
Anchorage Digital and Grupo Salinas are inking a cross-border payments partnership, integrating Anchorage's stablecoin infrastructure into Grupo Salinas' payment flows. This strategic collaboration aims to streamline cross-border transactions, leveraging Anchorage's digital assets expertise. The partnership's success could expand the adoption of stablecoins in Latin America, driving growth in the region's digital payments market.
It’s time for clarity for America’s digital asset markets
The Senate is urged to take immediate action to establish clear regulations for America's digital asset markets, as recent polls indicate a strong desire from registered voters for the US to set global finance rules, with 71% of respondents supporting this stance, emphasizing the need for decisive legislation to ensure a stable and secure digital landscape.
Quantum Computing Threat 'Mostly a Coordination Issue' for Bitcoin: Fireblocks CEO
Michael Shaulov, Fireblocks CEO, asserts that the threat of quantum computing to Bitcoin is mostly a coordination issue, not a technical challenge, with changing to a post-quantum cryptographic signature scheme being feasible.
Crypto wallet provider Ledger puts U.S. IPO plans on hold due to market conditions
Ledger, the French crypto security firm, is putting its U.S. IPO plans on hold due to volatile market conditions. The company had explored a potential $4 billion listing, but is now reassessing its public market plans as investor appetite for crypto IPOs dwindles. This move reflects the ongoing uncertainty in the crypto market, impacting investor confidence and IPO prospects.
Bitcoin pinned near critical support as hot PPI spike compounds rate hike fears: analysts
Bitcoin hovers near critical support around $80,000 as hot April core PPI surges 1% MoM, its hottest reading since 2022, fueling rate hike fears. Analysts warn this could lead to increased selling pressure, exacerbating the decline of crypto ETFs, which have already begun to bleed value, further weighing on the market.
Half of AI Health Advice Is Wrong—And Seems Just Right
Researchers in BMJ Open conduct a peer-reviewed audit, discovering nearly 50% of health responses from five major AI chatbots are problematic, featuring fabricated sources and confident delivery. This raises concerns about AI's reliability in healthcare. The industry implication is that AI health advice may be untrustworthy, necessitating stricter regulation and verification processes.
Paybis secures MiCA, payment licenses in Latvia for EU crypto expansion
Paybis secures a MiCA crypto licence and a PSD2 payment institution licence from Latvia's central bank, becoming the first company to hold both in the country. This achievement enables Paybis to expand its EU operations, facilitating cryptocurrency transactions and payments. The company's dual licensure solidifies its position in the European crypto market.
Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum
NUVA, backed by Animoca, is connecting Figure's $19 billion of tokenized assets to Ethereum, led by veteran BNY executive Anthony Moro. The protocol aims to bridge real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries, potentially unlocking new investment opportunities and deepening the integration of traditional finance with blockchain technology in the market.
Brickken and Magma partner to deliver Net Asset Value (NAV) oracle for tokenized real estate
Brickken and Magma are partnering to deliver a Net Asset Value (NAV) oracle for tokenized real estate, leveraging Magma's Digital Twin Token (DTT) and Brickken's institutional tokenization infrastructure. This collaboration aims to close the data gap that has hindered tokenized real estate's growth, enabling more accurate and transparent valuations, and potentially boosting investor confidence in the sector.
Clarity Act amendments would remake key parts of crypto bill but have doubtful future
Dozens of amendments are being proposed to remake key parts of the U.S. crypto market structure bill, aiming to change or add to the text as its Senate hearing approaches. The proposed changes are expected to significantly alter the bill's provisions, potentially impacting the crypto industry's regulatory landscape and investor confidence. Market participants are closely watching the developments.
Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal
KDDI is acquiring a 14.9% stake in Coincheck Group for $65 million, solidifying a business alliance for revenue sharing, referral fees, and customer referrals to expand crypto access in Japan. This strategic partnership aims to increase adoption of digital assets in the country, leveraging KDDI's extensive network and Coincheck's expertise in cryptocurrency trading and services.
More than 100 amendments filed targeting stablecoins, ethics and DeFi ahead of Senate Banking Committee Clarity Act vote
The U.S. Senate Banking Committee is set to hold a markup on Thursday to amend and vote on the Clarity Act, with over 100 proposed amendments targeting stablecoins, ethics, and DeFi. Key areas of focus include regulatory oversight, consumer protection, and the role of stablecoins in the financial system, potentially leading to significant changes in the industry.
Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation
Dovile Silenskyte presents a contrasting view to the traditional "bitcoin as a risk asset" narrative in this week's Crypto Long & Short Newsletter, highlighting a 26% relative undervaluation of bitcoin compared to gold, suggesting a potential safe-haven appeal. This perspective challenges the conventional wisdom and opens up new investment possibilities, potentially shifting the market's perception of bitcoin's value proposition.
Bitcoin price targets $79K as US PPI inflation hits highest since 2022
Bitcoin falters below the $80,000 mark as US PPI data reaches its highest level since 2022, exacerbating inflation concerns. The 9.1% surge in prices compounds the issue, fueled by the US-Iran war and associated high oil prices. This inflationary pressure weighs on Bitcoin's price, potentially targeting $79,000 as the market navigates economic uncertainty.
Bank of England Treating Stablecoins as 'New Form of Money', Says Exec
The Bank of England is treating stablecoins as a new form of money, according to Sasha Mills, an executive. This stance suggests a shift in the central bank's approach to digital assets, not favoring specific tokens. The move could have significant implications for the UK's financial landscape, potentially paving the way for greater adoption of stablecoins in everyday transactions.
Bitcoin buyers with long-term 'conviction' surges 300% with most recent buyers sitting on profits
Bitcoin held by conviction buyers has surged to nearly 4 million BTC, a roughly 300% increase since late 2025, as these long-term investors continue to accumulate the asset. This surge indicates growing confidence in Bitcoin's potential, with most recent buyers sitting on substantial profits, potentially signaling a bullish trend in the market, bolstering investor sentiment.
Immunefi to absorb Code4rena bug bounty customers after shutdown decision
Immunefi is absorbing Code4rena's bug bounty customers after deciding to shut down, offering a seamless migration of bounty programs, rewards, and researchers onto its platform. This move will benefit Code4rena's existing customers, who will now have access to Immunefi's platform and services, strengthening the bug bounty landscape and increasing security for the crypto industry.
Traders say Ethereum ready for a 'strong move' after ETH price taps $2.3K
Traders are optimistic about a significant Ethereum price surge, with the ETH price nearing $2.3K, sparking predictions of a 'strong move'. Market analysts believe fresh upside is fueled by recent JPMorgan and BlackRock tokenized fund moves and the looming CLARITY Act catalyst, which could further boost Ethereum's adoption and value, potentially leading to a substantial price increase.
Charles Schwab Begins Offering Bitcoin, Ethereum Trading to US Users
Charles Schwab begins offering Bitcoin and Ethereum trading to select US users, allowing them to buy and sell these cryptocurrencies directly alongside their other investments. This move marks a significant expansion into the crypto market, with a large brokerage firm now providing a mainstream entry point for investors. Market implications include increased accessibility and potential mainstream adoption.
UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire
The UK parliament is launching an investigation into Nigel Farage's $6.8 million donation from a crypto billionaire, potentially violating the Parliamentary code of conduct. If found guilty, Farage could face suspension from the House of Commons. This probe may set a precedent for future crypto-related donations, impacting UK politics and potentially leading to stricter regulations on campaign financing.
Metaplanet delays preferred share listing amid challenging Japanese market structure
Metaplanet's CEO Simon Gerovich announces a delay in the preferred share listing due to regulatory and infrastructure challenges in Japan's market structure. The perpetual preferred share launch is being slowed down, affecting the company's plans. This development may impact Metaplanet's growth and investor confidence, particularly in the Japanese market where regulatory hurdles often hinder new listings and investments.
Tea Protocol announces June 4 mainnet launch and TGE on Aerodrome to secure open-source development in the AI era
Tea Protocol is announcing a June 4 mainnet launch and Token Generation Event on Aerodrome to secure open-source development in the AI era. This move aims to address the growing concern of AI-generated exploits, with AI already writing its own malicious code.
The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing
Solana's 'Alpenglow' upgrade is live for testing, marking a significant milestone for the protocol's scalability and usability. The upgrade focuses on improving performance, reducing latency, and enhancing developer experience. Meanwhile, LayerZero has apologized for a recent outage, and Ronin is transitioning to a layer-2 solution to address congestion issues, all contributing to a busy period for the blockchain ecosystem.
Fidelity International launches Moody’s-rated tokenized fund on Chainlink
Fidelity International is launching a Moody's-rated tokenized fund on Chainlink, utilizing Sygnum infrastructure and incorporating daily NAV data from JPMorgan for pricing. This marks a significant step in institutional adoption of tokenized assets, with the fund offering liquidity to investors. The move is expected to increase mainstream acceptance of crypto assets.
How Figure is Democratizing Crypto-as-Collateral for Mainstream Users
Figure is democratizing crypto-as-collateral for mainstream users by enabling digital assets to serve as viable collateral for credit. The platform allows users to leverage their cryptocurrency holdings to secure loans, offering a new financial avenue. This move is expected to increase mainstream adoption of cryptocurrencies, expanding their use beyond speculative investments and into the realm of traditional financial services.