Circle CEO: cirBTC to Launch Soon, Custodied by Regulated Entity

Per Farside monitoring data, on May 21st (the day before this May 22nd update), the U.S. Bitcoin spot ETF posted a net outflow of $101.9 million, while the U.S. Ethereum spot ETF recorded a net outflow of $32.6 million.

On May 22, Nomura Securities expects the Federal Reserve to keep interest rates unchanged in 2026, reversing its earlier prediction that the Fed would implement rate cuts in September and December of this year. (Kinjun)

May 22 (Bloomberg) — Polymarket has appointed a representative in Japan and is gearing up to lobby Japanese government agencies to push for the legalization of prediction markets in the country, according to an anonymous source familiar with the matter. The source, who spoke on condition of anonymity because the plans have not been made public, said Polymarket aims to secure regulatory approval from the Japanese government by 2030. The source added that Polymarket views Japan as an underdeveloped market with major untapped potential.

May 22nd: Per Bitget market data, Hong Kong-listed AI application stocks extended their upward momentum, with Smart City (02513.HK) surging over 21%, MINIMAX-W (00100.HK) rising more than 11%, NetEase-S (09999.HK) advancing over 7%, and ZHIXING Technology (01274.HK), YOUJIA Innovation (02431.HK), and other names following the rally.

May 22 – According to GMGN Monitoring, Binance Co-CEO He Yi this morning retweeted CZ’s May 2 post on the X platform about the English-language launch of his new book. The original tweet, published on May 2, covers the book’s introduction, a bilingual audiobook edition, and notes that all proceeds from the work will go to charity. On the BSC blockchain, the meme coin “Freedom of Money” – which shares the same name as the book – saw a short-term surge in market capitalization today, peaking at $12 million before pulling back to $9.4 million. It still maintains a 25.6% gain over the past 24 hours, with on-chain trading volume hitting $2.6 million in the same period. BlockBeats advises users that meme coin trading is extremely volatile, driven primarily by market sentiment and hype with no inherent value or practical use cases. Investors should exercise caution and be fully aware of the associated risks.

**May 22 Ark Invest Buys $5M Worth of Bullish Stock via Three ETFs** Cathie Wood’s Ark Invest purchased roughly $5 million of Bullish stock on Thursday through three of its exchange-traded funds (ETFs), even as Bullish’s shares closed lower that day, per the firm’s latest daily trade disclosure. The buys amounted to 139,117 shares spread across Ark’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Blockchain & Fintech Innovation ETF (ARKF). The total transaction value hit approximately $5 million based on Bullish’s Thursday closing price, the filing confirmed.