Bitcoin lost 2.6% and Ethereum 3.1% on May 22 while the Dow closed at a record high. Fear and Greed dropped to 35 as majors sold off in unison.

Read the full article: https://www.spendnode.io/blog/crypto-sells-off-dow-record-divergence-may-2026/

ECB rejected a Bruegel paper that asked the central bank to ease liquidity rules and backstop euro stablecoin issuers. Euros sit at 0.3% of the $300B market.

Read the full article: https://www.spendnode.io/blog/ecb-rejects-bruegel-euro-stablecoin-expansion-may-2026/

Asset-backed private credit reached $1B in tokenized form in under six months, while tokenized venture capital took over seven years to clear the same bar.

Read the full article: https://www.spendnode.io/blog/tokenized-credit-1b-185-days-vc-lag-may-2026/

JPMorgan says tokenized money market funds will stay under 10-15% of the stablecoin market until US securities rules let them clear without broker gating.

Read the full article: https://www.spendnode.io/blog/jpmorgan-tokenized-mmf-10-15-percent-cap-may-2026/

Polymarket confirmed a compromised governance role drained roughly $520K from its Polygon contracts, but says user funds remain safe and trading continues.

Read the full article: https://www.spendnode.io/blog/polymarket-520k-polygon-exploit-zachxbt-may-2026/

THORChain proposed a recovery plan after the May 15 exploit, ruling out fresh RUNE issuance to repay affected users and forcing losses through protocol revenue instead.

Read the full article: https://www.spendnode.io/blog/thorchain-recovery-plan-no-rune-mint-may-2026/

Qivalis has tripled its backing from 12 to 37 European banks across 15 countries as the MiCA-regulated euro stablecoin pushes toward H2 2026 launch.

Read the full article: https://www.spendnode.io/blog/qivalis-37-banks-15-countries-euro-stablecoin-may-2026/

BTC's options-implied volatility fell to a seven-month low this week even as oil rallied on Iran tensions and BTC slipped under $77,400.

Read the full article: https://www.spendnode.io/blog/bitcoin-implied-volatility-7-month-low-macro-risks-may-2026/

May 21 ETF flows split: HYPE, SOL and XRP spot ETFs saw net inflows while BTC and ETH spot ETFs posted outflows as Bitcoin slid to $77,300.

Read the full article: https://www.spendnode.io/blog/etf-flows-rotation-alts-btc-eth-may-21-2026/

South Korea is reportedly considering abolishing its 22% crypto tax, a policy delayed since 2021. The move would reset retail incentives in one of Asia's largest crypto markets.

Read the full article: https://www.spendnode.io/blog/south-korea-abolish-22-percent-crypto-tax-may-2026/