hodler

20 May 2026, 10:04

Trump's Truth Social Pulls Bitcoin ETF Application From SEC Review

Trump Media & Technology Group has withdrawn its Form S-1 registrations for Bitcoin and Bitcoin-Ethereum ETFs.

20 May 2026, 09:58

Algorand Officially Debuts on Robinhood US: A Boost for Retail Accessibility

Algorand (ALGO) token is now fully tradable on Robinhood for U.S. retail users, ending a multi-year freeze that traced directly to the SEC’s 2023 enforcement wave. The listing restores a domestic retail gateway for one of the tokens most visibly caught in the crossfire of the agency’s campaign to classify crypto assets as unregistered securities. The regulatory overhang was explicit. In June 2023, the SEC’s complaint against Coinbase named ALGO specifically as an unregistered security, citing Algorand’s early token sales and promotional activity as evidence of an investment contract. $ALGO is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/HBqM2MZ9zA — Robinhood (@RobinhoodApp) May 19, 2026 That single filing triggered a wave of U.S. platform restrictions. Robinhood’s U.S. app quietly shifted ALGO to view-only status, displaying price data while blocking trades. Robinhood Europe, operating under EU frameworks where ALGO is treated as a standard crypto asset, had already offered full ALGO spot trading throughout that period. The divergence between the same company’s U.S. and European product lines was the clearest possible illustration of how much regulatory jurisdiction shapes retail access. Discover: The best pre-launch token sales What the Robinhood Listing Actually Changes for Algorand (ALGO) The directional signal here is unambiguous. When a major U.S. retail brokerage, one that previously restricted a token citing compliance risk, restores full trading access, it reflects a recalibrated internal legal assessment. Robinhood’s platform reaches millions of retail users across all 50 states, and the decision to support ALGO under its existing New York State Department of Financial Services license is a statement about where the platform now places the token on the regulatory risk spectrum. $ALGO is a top 10 coin and I'm tired of pretending it's not. https://t.co/9XzhIeRu35 — geek.algo (@AlgorandAddict) May 20, 2026 The broader regulatory environment has shifted materially since 2023. The post-Gensler SEC has retreated from the enforcement-first posture that produced the ALGO security classification, and the CLARITY Act reaching the Senate floor signals that legislative frameworks are advancing to replace the old guidance-by-lawsuit approach. Robinhood’s move fits that arc; it is listing an asset that remains in legal gray territory technically, but where the practical enforcement risk has diminished enough to clear internal compliance thresholds. Robinhood’s Bitstamp acquisition adds another layer. Bitstamp, now branded “Bitstamp by Robinhood”, has operated active ALGO/USD markets for years, meaning the infrastructure and liquidity rails for ALGO already existed within Robinhood’s corporate footprint before the U.S. retail launch. Source: ALGOUSD / Tradingview This was an alignment exercise as much as a new listing. Community threads on r/Algorand have framed the development as a “validation” step, with the consensus being that rebuilding presence on major U.S. retail brokerages is a prerequisite for ALGO recovering meaningful domestic retail volume. Discover: The best crypto to diversify your portfolio with The post Algorand Officially Debuts on Robinhood US: A Boost for Retail Accessibility appeared first on Cryptonews .

20 May 2026, 08:39

SEC Chair Paul Atkins Signals a New Era for Crypto — XRP Leads the Conversation

Why XRP’s Built-In Infrastructure Could Put It Ahead in the Institutional Crypto Vault Race As Washington signals a shift from crypto crackdowns toward formal rulemaking, a new concept is quietly moving into focus entailing crypto vaults. As a result, digital asset research firm Evernorth argues this transition could have significant implications for XRP and the XRP Ledger. Earlier this month, Paul S. Atkins drew a direct parallel between today’s digital asset landscape and the pre-1998 era before Regulation ATS redefined electronic trading, bringing it out of regulatory ambiguity and into Wall Street’s formal structure. In the same remarks, he specifically pointed to crypto vaults, signaling a potential move by the SEC toward formally defining blockchain-based yield products as a distinct regulatory category rather than continuing to address them primarily through enforcement. This distinction matters because a crypto vault is simply a pooled deposit system that executes predefined on-chain strategies such as yield generation, liquidity management, or treasury allocation. In most DeFi environments today, these vaults are built on top of multiple smart contracts layered over a base blockchain, which can add complexity and additional points of risk. The difference with the XRP Ledger is that this functionality is being brought into the protocol itself through XLS-66. Instead of relying on external DeFi stacks, vault mechanics are embedded directly into the ledger. This shift reduces fragmentation and standardizes execution at the base layer, creating a more predictable environment for structured strategies. For institutions, it means access to on-chain yield and asset management tools without the usual dependency on layered, third-party infrastructure. Why Institutional-Grade Infrastructure Could Tip the Balance For traditional finance institutions, this distinction is critical since they tend to favor systems that are auditable, deterministic, and embedded at the protocol level, rather than fragmented applications built across multiple smart contracts. Native vault architecture reduces operational complexity and attack surfaces, making it a far more compelling fit for regulated financial environments. This is where the Regulation ATS comparison becomes particularly relevant. Before ATS, electronic trading venues operated in regulatory ambiguity. Once a clear framework was introduced, institutional capital entered at scale and reshaped the market. Crypto vaults could be moving along a similar path, shifting from experimental DeFi structures to formally recognized pieces of financial infrastructure. If that trajectory holds, XRP may already be positioned ahead of the curve. For years, Ripple has positioned the XRP Ledger around institutional-grade use cases, such as compliant payments, liquidity provisioning, tokenization, and cross-border settlement. While many crypto ecosystems evolved from open experimentation toward compliance, the XRPL was designed with institutional interoperability in mind from the outset. Why XRP Ledger Is Emerging as Regulated Market-Ready Infrastructure Amid the SEC’s Crypto Vault Shift The XRPL architecture is increasingly aligned with the regulatory direction taking shape. According to on-chain analytics provider RippleXity, the XRP Ledger is being viewed as a settlement infrastructure that already maps to key requirements in regulated capital markets. As conversations around tokenized equities and blockchain-based financial rails mature, the focus is shifting away from long-term potential and toward which networks already meet institutional-grade standards today. Liquidity further reinforces this argument because unlike newer blockchains that rely on fragmented external liquidity solutions, the XRP Ledger integrates a native decentralized exchange and central limit order book at the protocol level. As a result, this built-in liquidity layer becomes especially significant as tokenized assets and on-chain treasury products move toward regulated, large-scale adoption within established legal frameworks. Meanwhile, the broader narrative is shifting in parallel. Ripple’s climb to 16th on CNBC’s Disruptor 50 signals growing recognition that the real battleground in blockchain is financial infrastructure, not just the trading aspect. If the SEC ultimately defines a formal category for crypto vaults, XRP could stand to benefit not by chasing the trend, but because much of the infrastructure regulators are beginning to describe what already exists on the XRP Ledger.

20 May 2026, 07:13

Truth Social crypto ETF plans collapse as Yorkville pulls SEC filings

The effort to launch Truth Social-branded cryptocurrency exchange-traded funds has come to an abrupt stop after Yorkville America Digital, LLC, which was the sponsor of the ETFs application, wrote to the US Securities and Exchange Commission (SEC) requesting the withdrawal of the application. Yorkville America Digital indicated that the decision was linked to a broader restructuring of its ETF plans and a shift toward a different regulatory framework. The filings covered a proposed spot Bitcoin ETF and a combined Bitcoin and Ethereum ETF tied to Trump Media & Technology Group, the parent company of Truth Social. The withdrawal came before the SEC reached a final decision on the applications, ending months of speculation around the products and their potential entry into the growing crypto ETF market. The withdrawal also arrives at a time when the US spot crypto ETF market has become increasingly crowded. Since the approval of spot Bitcoin ETFs in January 2024, large asset managers including BlackRock, Fidelity, and Grayscale have attracted billions of dollars in investor inflows, making it difficult for new issuers to gain market share. Filing withdrawal ends months of SEC review The Truth Social ETF applications had already faced delays from the SEC before the withdrawal was submitted. Regulators previously postponed their decisions as part of the standard review process applied to crypto-related investment products. The proposed funds aimed to provide direct exposure to Bitcoin and Ethereum through regulated exchange-traded structures. Spot crypto ETFs hold the underlying digital assets directly rather than relying on futures contracts. Interest in these products surged after the SEC approved the first batch of spot Bitcoin ETFs in early 2024. According to data from SoSoValue, spot Bitcoin ETFs in the United States have collectively recorded tens of billions of dollars in cumulative net inflows since launch, led by BlackRock’s iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund. However, entering the market at this stage presents major challenges. Several established ETF issuers have already lowered management fees in an attempt to attract investors. Some funds even launched with temporary fee waivers to gain traction quickly. Bloomberg ETF analyst James Seyffart said the competitive environment likely played a role in the withdrawal decision. He noted that newer entrants face an uphill battle when competing against firms with established distribution networks, larger capital bases, and stronger institutional relationships. The Truth Social filings also attracted attention because of their political connections. Trump Media & Technology Group has remained closely tied to US President Donald Trump, making the ETF applications more visible than many other crypto investment proposals currently under SEC review. Strategy shift for a different fund structure Yorkville America Digital reportedly indicated that the withdrawal was part of a broader strategy change involving the legal structure of future investment products. The original filings were structured under the Securities Act of 1933, which is commonly used for commodity-based ETFs, including spot Bitcoin funds. The revised direction appears to focus on products governed under the Investment Company Act of 1940 instead. The two frameworks operate differently and carry separate regulatory requirements. Funds organised under the 1940 Act are often associated with stricter investor protection rules and different portfolio management standards. While no replacement filings have been announced, the change suggests the companies may still be exploring crypto-related investment products through an alternative structure. The post Truth Social crypto ETF plans collapse as Yorkville pulls SEC filings appeared first on Invezz

20 May 2026, 07:08

Bitcoin Climbs to $77K as Senate Curbs Iran Powers, Implied Volatility Hits 2026 Low

Bitcoin News Bitcoin staged a modest rebound early Wednesday, climbing roughly 0.5% to around $77,200 after the U.S. Senate voted 50-47 to advance a resolution curbing President Donald Trump's war ...

20 May 2026, 07:02

Pundit to XRP Holders: The Rails Are Already Built, Raoul Pal Confirms

Crypto blockchain researcher Bank XRP highlighted comments from Raoul Pal about the future of crypto adoption among major financial institutions in the United States. In a recent tweet, Bank XRP stated that banks are preparing to move aggressively into digital assets once lawmakers provide clear rules through the proposed CLARITY Act. The post focused on Pal’s belief that financial institutions are essentially waiting for official approval before making large-scale commitments to crypto infrastructure. Bank XRP connected those remarks directly to XRP, arguing that the asset already has a strong position because it has been “battle-tested,” “SEC-cleared,” and held by institutions for years. Bank XRP also suggested that XRP already has the infrastructure needed for institutional use, adding that banks may prefer networks with a long operating history once regulations become more defined. BANKS ARE JUST WAITING FOR THE GREEN LIGHT Raoul Pal: "Once the CLARITY ACT passes ALL the banks are going to come in and build out their CRYPTO RAILS fast and which token has been battle-tested, SEC-cleared, and institutionally held for years? the rails are already built… https://t.co/T1ptX0PBis pic.twitter.com/7KyZW4g1W2 — 𝗕𝗮𝗻𝗸XRP (@BankXRP) May 18, 2026 Raoul Pal Says Wall Street’s Entry Into Crypto Is Happening In the video captioned in the tweet, Pal spoke about the change of attitude toward crypto since he first entered the industry in 2013. He explained that early participants in the market believed Wall Street would eventually enter the crypto sector, and he said that process is now taking place. Pal stated that sovereign wealth funds are already adding crypto exposure to their investment portfolios. He also pointed to growing support for digital assets from influential political and financial figures in the United States, including President Donald Trump and Treasury Secretary Scott Bessent. According to Pal, many major financial institutions are currently developing systems connected to stablecoins and blockchain payment rails. However, he explained that uncertainty around regulation continues to slow adoption among banks and corporations. CLARITY Act Could Speed Up Institutional Adoption A key part of Pal’s comments focused on the proposed CLARITY Act. Supporters of the legislation believe it could clearly define how digital assets should be treated under U.S. law. Pal argued that banks, corporations, and asset managers need regulatory certainty before fully committing to blockchain technology. He said that once the legislation passes, banks will begin building crypto rails for a wide range of financial services. Pal added that institutions want clear answers about security assets and how compliance rules will apply to the industry. Pal also stressed the efficiency of blockchain-based systems. He argued that financial firms have strong incentives to adopt crypto infrastructure because transactions can move faster and operate more efficiently than many traditional financial systems. Community Members Share Their Views Several users on X also reacted to Bank XRP’s post. X user Clint Eastwood said regulatory clarity could encourage greater institutional participation. However, he noted that banks usually move slowly and still need to address compliance requirements, infrastructure development, and real-world integration before adoption grows significantly. Another commenter, Ayla, said the passage of the CLARITY Act could accelerate participation from banks and major institutions. She also argued that XRP could naturally become a preferred option due to its history of institutional involvement. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: The Rails Are Already Built, Raoul Pal Confirms appeared first on Times Tabloid .