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      <title><![CDATA[The Protocol: Ethereum Foundation's high-profile departures spark fresh debate]]></title>
      <link>https://www.coindesk.com/tech/2026/05/20/the-protocol-ethereum-foundation-s-high-profile-departures-spark-fresh-debate</link>
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      <pubDate>Wed, 20 May 2026 16:37:52 +0000</pubDate>
      <description><![CDATA[Also: Citi on quantum computing and bitcoin, Jump Crypto’s Firedancer, and Vitalik Buterin on AI verification]]></description>
      <dc:creator>Margaux Nijkerk</dc:creator>
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      <title><![CDATA[Why Trump's bitcoin ETF plans likely collapsed before getting off the ground]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/why-trump-s-bitcoin-etf-plans-likely-collapsed-before-even-getting-off-the-ground</link>
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      <description><![CDATA[Trump Media withdrew its bitcoin ETF filing as analysts pointed to fee pressure, weak demand and fierce competition in the crowded spot bitcoin ETF market.]]></description>
      <dc:creator>Helene Braun</dc:creator>
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      <title><![CDATA[Crypto Long & Short: Bitcoin-backed loans belong in the cost-of-capital conversation]]></title>
      <link>https://www.coindesk.com/coindesk-indices/2026/05/20/crypto-long-and-short-bitcoin-backed-loans-belong-in-the-cost-of-capital-conversation</link>
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      <description><![CDATA[In this week’s Crypto Long & Short Newsletter, Alec Beckman on why BTC-backed lending is not a crypto story, but a capital efficiency story. Then, Serena Sebastiani on how stablecoins aren’t a crypto product; they’re becoming the settlement infrastructure global finance forgot.]]></description>
      <dc:creator>Alec Beckman</dc:creator>
      <dc:creator>Serena Sebastiani</dc:creator>
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      <category domain="https://www.coindesk.com/coindesk-indices"><![CDATA[CoinDesk Indices]]></category>
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      <category domain="tag"><![CDATA[CoinDesk Indices]]></category>
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      <title><![CDATA[EU opens MiCA consultation to review if crypto framework is still fit for purpose]]></title>
      <link>https://www.coindesk.com/policy/2026/05/20/eu-opens-mica-consultation-to-review-if-crypto-framework-is-still-fit-for-purpose</link>
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      <description><![CDATA[The European Commission is seeking feedback on whether the EU’s landmark crypto regulatory framework remains suitable as digital asset markets and global policies evolve.]]></description>
      <dc:creator>Jamie Crawley</dc:creator>
      <dc:creator>AI Boost</dc:creator>
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      <category domain="https://www.coindesk.com/policy"><![CDATA[Policy]]></category>
      <category domain="tag"><![CDATA[MiCA]]></category>
      <category domain="tag"><![CDATA[Regulation]]></category>
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      <title><![CDATA[Crypto campaign cash from Fairshake flooded Southern primaries, picked winners]]></title>
      <link>https://www.coindesk.com/policy/2026/05/20/crypto-campaign-cash-from-fairshake-flooded-southern-primaries-picked-winners</link>
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      <pubDate>Wed, 20 May 2026 14:59:28 +0000</pubDate>
      <description><![CDATA[The leading industry super PAC claimed a "6-0 sweep" in the primaries in Kentucky, Alabama and Georgia, though one big race awaits a runoff.]]></description>
      <dc:creator>Jesse Hamilton</dc:creator>
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      <category domain="tag"><![CDATA[Election 2026]]></category>
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      <title><![CDATA[South Korean funeral company reveals $33 million loss on leveraged ether ETF bet]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/south-korean-funeral-company-reveals-usd33m-loss-on-leveraged-ether-etf-bet</link>
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      <pubDate>Wed, 20 May 2026 14:46:57 +0000</pubDate>
      <description><![CDATA[A Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.]]></description>
      <dc:creator>Jamie Crawley</dc:creator>
      <dc:creator>AI Boost</dc:creator>
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      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[ETFs]]></category>
      <category domain="tag"><![CDATA[South Korea]]></category>
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      <title><![CDATA[Live markets: Crypto prices buoyed by Trump's 'final stages' remark]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/live-markets-crypto-prices-remain-flat-ahead-of-fomc-minutes-nvidia-earnings</link>
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      <pubDate>Wed, 20 May 2026 14:13:49 +0000</pubDate>
      <description><![CDATA[Bitcoin is lower by more than 4% over the past week, but has remained in a very tight range around $77,000 for the last three days.]]></description>
      <dc:creator>Stephen Alpher</dc:creator>
      <dc:creator>James Van Straten</dc:creator>
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      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Bitcoin News]]></category>
      <category domain="https://www.coindesk.com/">live_news</category>
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      <title><![CDATA[Raoul Pal says AI and crypto are reshaping the global economy faster than most think]]></title>
      <link>https://www.coindesk.com/news-analysis/2026/05/19/raoul-pal-says-ai-and-crypto-are-reshaping-the-global-economy-faster-than-most-people-realize</link>
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      <pubDate>Wed, 20 May 2026 14:13:47 +0000</pubDate>
      <description><![CDATA[The Real Vision founder said that humanity is entering an “exponential age” where AI, crypto and tokenization could rewrite finance, labor and culture.]]></description>
      <dc:creator>AI Boost</dc:creator>
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      <category domain="https://www.coindesk.com/news-analysis"><![CDATA[News Analysis]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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    <item>
      <title><![CDATA[Vitalik Buterin outlines Ethereum's privacy measures. Here is what it means for the network and ETH]]></title>
      <link>https://www.coindesk.com/tech/2026/05/20/vitalik-buterin-outlines-ethereum-s-privacy-measures-here-is-what-it-means-for-the-network-and-eth</link>
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      <pubDate>Wed, 20 May 2026 14:08:09 +0000</pubDate>
      <description><![CDATA[Privacy is widely seen as a necessary feature for the widespread adoption of blockchain technology. Ethereum is taking steps in that direction.]]></description>
      <dc:creator>Omkar Godbole</dc:creator>
      <dc:creator>AI Boost</dc:creator>
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      <category domain="https://www.coindesk.com/tech"><![CDATA[Tech]]></category>
      <category domain="tag"><![CDATA[Ethereum News]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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      <title><![CDATA[CoinDesk 20 performance update: Uniswap (UNI), up 3.7%, leads index higher ]]></title>
      <link>https://www.coindesk.com/coindesk-indices/2026/05/20/coindesk-20-performance-update-uniswap-uni-up-3-7-leads-index-higher</link>
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      <pubDate>Wed, 20 May 2026 13:15:50 +0000</pubDate>
      <description><![CDATA[Bittensor (TAO) gained 2.1%, joining Uniswap (UNI) as a top performer.]]></description>
      <dc:creator>CoinDesk Indices</dc:creator>
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      <category domain="https://www.coindesk.com/coindesk-indices"><![CDATA[CoinDesk Indices]]></category>
      <category domain="tag"><![CDATA[CoinDesk Indices]]></category>
      <category domain="tag"><![CDATA[CoinDesk 20]]></category>
      <category domain="tag"><![CDATA[charts]]></category>
      <category domain="tag"><![CDATA[Prices]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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    <item>
      <title><![CDATA[These bitcoin metrics suggest February’s $60,000 selloff may have marked the bottom]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/these-bitcoin-metrics-suggest-february-s-usd60-000-selloff-may-have-marked-the-bottom</link>
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      <pubDate>Wed, 20 May 2026 11:57:00 +0000</pubDate>
      <description><![CDATA[Realized cap stabilization, historically elevated RHODL readings and deeply negative funding rates all point toward a potential cycle low for bitcoin forming earlier this year.]]></description>
      <dc:creator>James Van Straten</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Bitcoin News]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Telegram group at center of Jane Street insider-trading allegations in Terra collapse]]></title>
      <link>https://www.coindesk.com/policy/2026/05/20/telegram-group-at-center-of-jane-street-insider-trading-allegations-in-terra-collapse</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/fea65dc99def20191b23a682af569665a8aca37d-950x534.png?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Wed, 20 May 2026 11:36:28 +0000</pubDate>
      <description><![CDATA[Newly unsealed filings detail a private chat dubbed ‘Bryce’s Secret’ that Terraform’s estate says gave Jane Street an informational edge before UST’s collapse.]]></description>
      <dc:creator>Sam Reynolds</dc:creator>
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      <category domain="https://www.coindesk.com/policy"><![CDATA[Policy]]></category>
      <category domain="tag"><![CDATA[Stablecoins]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Too many cooks: How regulatory infighting is choking the UK's crypto hub ambitions]]></title>
      <link>https://www.coindesk.com/policy/2026/05/20/political-blockers-frustrate-fca-s-efforts-u-k-s-global-hub-ambitions-expert-says</link>
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      <pubDate>Wed, 20 May 2026 11:31:08 +0000</pubDate>
      <description><![CDATA[While the FCA opens its doors to market pilots, structural delays and legislative friction are fueling industry frustration over a framework trailing behind the U.S. and Europe.]]></description>
      <dc:creator>Olivier Acuna</dc:creator>
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      <category domain="https://www.coindesk.com/policy"><![CDATA[Policy]]></category>
      <category domain="tag"><![CDATA[Regulation]]></category>
      <category domain="tag"><![CDATA[UK]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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    <item>
      <title><![CDATA[Bitcoin rebounds above $77,000. Analysts weigh in on whether the bounce has legs.]]></title>
      <link>https://www.coindesk.com/daybook-us/2026/05/20/bitcoin-rebounds-above-usd77-000-analysts-weigh-in-on-whether-the-bounce-has-legs</link>
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      <pubDate>Wed, 20 May 2026 11:12:02 +0000</pubDate>
      <description><![CDATA[Your day-ahead look for May 20, 2026]]></description>
      <dc:creator>Omkar Godbole</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/daybook-us"><![CDATA[Crypto Daybook Americas]]></category>
      <category domain="tag"><![CDATA[Crypto Daybook Americas]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Bitcoin holds near $77,400 as derivatives signal caution]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/bitcoin-holds-near-usd77-400-as-derivatives-signal-caution</link>
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      <pubDate>Wed, 20 May 2026 10:43:06 +0000</pubDate>
      <description><![CDATA[Crypto markets flashed green on Wednesday, but falling futures open interest and mixed altcoin performances suggest traders are reducing risk rather than chasing the rebound.]]></description>
      <dc:creator>Oliver Knight</dc:creator>
      <dc:creator>Omkar Godbole</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Crypto Markets Today]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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    <item>
      <title><![CDATA[Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/bitfinex-traders-double-down-on-bitcoin-during-five-day-slide-as-longs-hit-2-5-year-high</link>
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      <pubDate>Wed, 20 May 2026 10:07:28 +0000</pubDate>
      <description><![CDATA[Margin longs on Bitfinex have climbed to a two-and-a-half year high as bitcoin struggles below key technical resistance near $78,000.]]></description>
      <dc:creator>James Van Straten</dc:creator>
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      <category domain="tag"><![CDATA[Bitcoin News]]></category>
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      <title><![CDATA[Despite Trump’s pledge, a CBDC is being explored behind closed doors, says former CTFC chair]]></title>
      <link>https://www.coindesk.com/business/2026/05/19/despite-trump-s-pledge-a-cbdc-is-being-explored-behind-closed-doors-says-former-ctfc-chair</link>
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      <pubDate>Wed, 20 May 2026 09:45:21 +0000</pubDate>
      <description><![CDATA[Publicly, the U.S. has fiercely opposed a Central Bank Digital Currency, but former CFTC Chairman Timothy Massad said it is inevitable and there will be one sooner or later.]]></description>
      <dc:creator>Olivier Acuna</dc:creator>
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      <category domain="https://www.coindesk.com/business"><![CDATA[Finance]]></category>
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      <category domain="tag"><![CDATA[Donald Trump]]></category>
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      <title><![CDATA[Germany's AllUnity plans Swedish krona stablecoin, pushes into AI agentic payments]]></title>
      <link>https://www.coindesk.com/business/2026/05/20/germany-s-allunity-plans-swedish-krona-stablecoin-pushes-into-ai-agentic-payments</link>
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      <pubDate>Wed, 20 May 2026 09:22:58 +0000</pubDate>
      <description><![CDATA[The DWS and Galaxy-backed firm targets June debut for its SEKAU stablecoin as Europe pushes to build regulated local-currency alternatives to U.S. dollar tokens.]]></description>
      <dc:creator>Krisztian Sandor</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/business"><![CDATA[Finance]]></category>
      <category domain="tag"><![CDATA[Stablecoins]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Pan-European stablecoin effort expands to 37 lenders in push back against U.S. dollar dominance]]></title>
      <link>https://www.coindesk.com/business/2026/05/20/pan-european-stablecoin-effort-expands-to-37-lenders-in-push-back-against-u-s-dollar-dominance</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/3d9afb44b63713bb3ec5799691370b164e6f4a26-991x557.jpg?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Wed, 20 May 2026 08:44:08 +0000</pubDate>
      <description><![CDATA[Qivalis, a stablecoin initiative backed by a group of European banks, aims to issue a stablecoin later this year to deepen the euro's role in tokenized finance.]]></description>
      <dc:creator>Krisztian Sandor</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/business"><![CDATA[Finance]]></category>
      <category domain="tag"><![CDATA[Stablecoins]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Bitcoin, ether, XRP rebound as Senate curbs Trump's Iran war powers]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/bitcoin-ether-xrp-rebound-as-senate-curbs-trump-s-iran-war-powers</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/562fb57187987631a86cca71ca6cf7fc6a01d429-2840x1074.png?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Wed, 20 May 2026 07:00:27 +0000</pubDate>
      <description><![CDATA[Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell. ]]></description>
      <dc:creator>Omkar Godbole</dc:creator>
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      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Bitcoin News]]></category>
      <category domain="tag"><![CDATA[XRP News]]></category>
      <category domain="tag"><![CDATA[Ethereum News]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
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      <title><![CDATA[Non-dollar stablecoins are struggling to crack 0.5% of market share]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/non-dollar-stablecoins-are-struggling-to-crack-0-5-of-market-share</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/638376f19bbc9fe9da92b401e060f11720699aa6-5472x3648.jpg?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Wed, 20 May 2026 06:13:36 +0000</pubDate>
      <description><![CDATA[Everyone is building non-dollar stablecoins. But data shows that compared to USD-denominated stablecoins, almost no one is using them.]]></description>
      <dc:creator>Sam Reynolds</dc:creator>
      <content:encoded/>
      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Stablecoins]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Bitcoin is falling, bond yields are rising. Yet BTC’s implied volatility, an uncertainty gauge, remains low.]]></title>
      <link>https://www.coindesk.com/markets/2026/05/20/bitcoin-is-falling-bond-yields-are-rising-yet-btc-s-implied-volatility-an-uncertainty-gauge-remains-low</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/a5d0f75b04392e25a31f206a3e9a16e752cb4a2c-2872x1915.jpg?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Wed, 20 May 2026 06:08:27 +0000</pubDate>
      <description><![CDATA[BTC's implied volatility remains low despite the recent price selloff. Options specialist prefers a long straddle strategy in this scenario.]]></description>
      <dc:creator>Omkar Godbole</dc:creator>
      <content:encoded/>
      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Bitcoin News]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[Trump orders government, Fed to review crypto firms' access to payment rails]]></title>
      <link>https://www.coindesk.com/policy/2026/05/19/trump-orders-government-fed-to-review-crypto-firms-access-to-payment-rails</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/6e4532d237786704984596878a883a023b94ba32-4540x2554.jpg?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Tue, 19 May 2026 22:54:08 +0000</pubDate>
      <description><![CDATA[Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.]]></description>
      <dc:creator>Nikhilesh De</dc:creator>
      <content:encoded/>
      <dc:description/>
      <category domain="https://www.coindesk.com/policy"><![CDATA[Policy]]></category>
      <category domain="tag"><![CDATA[Breaking News]]></category>
      <category domain="tag"><![CDATA[Federal Reserve]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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    <item>
      <title><![CDATA[Even a mountain of T-bills won't save Tether and Circle from a sudden liquidity crisis, expert says]]></title>
      <link>https://www.coindesk.com/business/2026/05/19/even-a-mountain-of-t-bills-won-t-save-tether-and-circle-from-a-sudden-liquidity-crisis-expert-says</link>
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      <pubDate>Tue, 19 May 2026 20:47:28 +0000</pubDate>
      <description><![CDATA[The head of digital assets and tokenization at one of Germany’s largest asset managers said that USDT and USDC are not stablecoins, from his perspective. ]]></description>
      <dc:creator>Olivier Acuna</dc:creator>
      <content:encoded/>
      <dc:description/>
      <category domain="https://www.coindesk.com/business"><![CDATA[Finance]]></category>
      <category domain="tag"><![CDATA[Stablecoins]]></category>
      <category domain="tag"><![CDATA[Tether]]></category>
      <category domain="tag"><![CDATA[Circle]]></category>
      <category domain="https://www.coindesk.com/">News</category>
    </item>
    <item>
      <title><![CDATA[This bitcoin bear market is different with 'uniquely pessimistic' traders limiting downside, K33 says]]></title>
      <link>https://www.coindesk.com/markets/2026/05/19/this-bitcoin-bear-market-is-different-with-uniquely-pessimistic-traders-limiting-downside-k33-says</link>
      <media:content url="https://cdn.sanity.io/images/s3y3vcno/production/c47d5fddb07b26ffd9dea1473e88b852fa72a1c7-1013x457.png?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip" type="image/*" medium="image"/>
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      <pubDate>Tue, 19 May 2026 20:30:21 +0000</pubDate>
      <description><![CDATA[The research firm said bitcoin traders remain unusually defensive, reducing the risk of the kind of leverage-driven collapse seen in prior downturns.]]></description>
      <dc:creator>Krisztian Sandor</dc:creator>
      <content:encoded/>
      <dc:description/>
      <category domain="https://www.coindesk.com/markets"><![CDATA[Markets]]></category>
      <category domain="tag"><![CDATA[Bitcoin News]]></category>
      <category domain="https://www.coindesk.com/">News</category>
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