Bithumb said it has terminated its partnership with Heleket, citing anti-money laundering and terrorism-financing risk concerns. The move comes as the South Korean exchange tries to strengthen compliance after regulators earlier dropped a 36.8 billion won ($24.6 million) penalty tied to transactions routed through unregistered foreign platforms.

On May 21, 2026, XRP traded around $1.36 and finished at $1.3633, staying roughly $0.013 above the $1.35 support area that has held three daily-chart tests since mid-April. Binance open interest was reported at $488.3M, with SMA50 at $1.3954 and SMA100 at $1.3982 sitting overhead while RSI remained weak at 42.

HYPE, Hyperliquid's native token, surged to a new all-time high of $61.68 during U.S. trading hours as volumes reached a three-month peak. The move came alongside rising interest from whales and wallets associated with Grayscale and Bitwise, while derivatives activity expanded with open interest pushing above $2.1B.

Hyperliquid's HYPE token rose more than 20% over the past 24 hours to about $61.35, setting a new peak after topping near $58.50 last September and sliding to $21 at the start of 2026. U.S. spot Hyperliquid ETFs took in a record $25.5 million on Wednesday, lifting total inflows to roughly $54 million over their first seven trading days. Bitwise also said Monday it will use 10% of BHYP management fees to buy HYPE for its balance sheet and stake the tokens.

A CoinGecko report says leveraged crypto trading has been shifting toward perpetual DEXs, which increased their share of trading volume and open interest through 2025. The perp DEX-to-CEX volume ratio rose from 3% in January 2025 to a 13% peak later in 2025, then eased to about 10% by April 2026, while Hyperliquid recorded roughly $190.28bn in April volume.

On May 21, 2026, Strategy's Michael Saylor told CNBC he views Bitcoin as having bottomed at $60,000 after an October peak near $125,000, describing the market as in a "spring" phase with potential for a rally. He also reiterated a long-range target of $21 million per BTC in 21 years and highlighted STRC figures including $10.5B raised in 10 months, a $24B annual run rate, and an 11.5% tax-deferred dividend.

SpaceX said a portion of its IPO shares would be sold directly through online brokerages including Robinhood, Fidelity and Charles Schwab, following a prospectus released Wednesday. The company is reportedly aiming to raise up to $75 billion in a June offering, while experts warn retail buyers may receive fewer shares than requested and the stock could be volatile after trading begins.

Analyst Michaël van de Poppe says SUI is being overlooked despite ongoing infrastructure and institutional-facing progress, as attention centered on the token's drop from $5.35 to about $0.90. He highlighted milestones such as a fifth spot crypto ETP listed in February 2026, CME futures going live, and March stablecoin transfers surpassing $1 trillion, while SUI traded at $1.0896 at press time.