📉 Market Pulse Bitcoin opened the week at ~$80,300 and slid to ~$77,000 by May 19–20, with the Fear & Greed Index sitting deep in “Fear” territory at 28. Ethereum trades near $2,124, still unable to crack the key $2,400 resistance for two consecutive months.
🏦 Schwab Opens the Doors Charles Schwab launched “Schwab Crypto” on May 13, rolling out spot BTC and ETH trading to its retail clients. The firm manages $12 trillion in assets across ~39 million brokerage accounts. The fee is 0.75% per trade, powered by Paxos. Wall Street is now fully in the room. 👀
💼 Strategy Goes Shopping Again Between May 11 and 17, Strategy (formerly MicroStrategy) purchased 24,869 BTC for approximately $2 billion at an average price of ~$80,985. Total holdings now stand at 843,738 BTC, worth roughly $63.9 billion. One word: conviction. 💪
🏛️ Washington Gets Busy The U.S. Senate Banking Committee approved the Clarity Act on May 14 in a bipartisan 15–9 vote, the most comprehensive federal crypto market structure bill ever to clear a Senate committee. It still needs 60 votes on the Senate floor. Democrats are pushing for ethics guardrails over Trump family crypto ties. Popcorn ready. 🍿
🏦 JP Morgan Tokenizes Treasuries JP Morgan filed to launch a tokenized Treasury money market fund ($JLTXX) on Ethereum, designed as a reserve asset for stablecoin issuers under the GENIUS Act framework. TradFi and DeFi keep moving closer. 🤝
📊 Record On-Chain Milestone Tokenized U.S. Treasuries crossed $15 billion for the first time, a new record signaling that institutional capital is treating blockchain as real financial infrastructure, not just an experiment. 🏆
🔐 Hacks of the Week TAC’s cross-chain bridge was exploited for $2.8M in USDT, BLUM, and tsTON on the TON side. Separately, Transit Finance lost $1.88M via a legacy smart contract on TRON. Old code, expensive lessons. 🚨
🍕 Fun Fact Incoming… Bitcoin Pizza Day is this Friday, May 22! In 2010, developer Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas, worth about $41 at the time. At Bitcoin’s all-time high of $126,210, those same coins were worth over $1.26 billion. The most expensive dinner in history, and the receipt still exists on the blockchain. 😂
Not investment advice. 🔗 NordFX — nordfx.com
🗞 CRYPTO NEWS OF THE WEEK | May 13–20, 2026 by NordFX was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.
