Nakamoto is moving to a 1-for-40 reverse stock split effective May 22, 2026, after Nasdaq flagged its shares for trading under $1 for 30 consecutive sessions and set a June 8 compliance deadline. The company also disclosed it sold 284 Bitcoin on March 31 to fund operations, while reporting a Q1 net loss of $238 million amid a 20% quarterly drop in Bitcoin’s price.

Bitcoin has been trading in a tight $76,000–$78,500 consolidation zone, around 38% below its all-time high. A CryptoQuant report says miners still appear cautious, with Binance Pool Miner Reserve trending down while the Miners' Position Index stays negative, suggesting selling is ongoing but not panic-like. Bitcoin was last noted at $77,763, down almost 5% after failing to hold above $83,000 during last week's rally.

Evernorth argues XRP and RLUSD fill different roles on the XRP Ledger, with XRP used as a neutral bridge asset for routing trades and RLUSD aimed at dollar-denominated transactions. In a May 20 Evernorth blog post, chief business officer Sagar Shah said issuer-linked constraints can make stablecoins less suited for universal routing across markets. He added that XRP’s function also extends to liquidity pools, collateral use, and XRPL escrow-based settlement.

Bitcoin rebounded toward $78,000 but failed to hold the move as the Coinbase Premium Index stayed in negative territory. The metric, which compares BTC prices on Coinbase versus Binance, suggests comparatively stronger selling from U.S.-leaning Coinbase flows, with the index recently around -0.098. After the pullback, BTC was back near $77,300.

On May 21, 2026, the U.S. Securities and Exchange Commission said it is preparing a temporary regulatory exemption that would let eligible firms trial tokenized stock trading on blockchain networks under tight limits. The plan would test tokenized shares, automated market makers and crypto-native settlement, with conditions such as volume caps, whitelisted participants and time-limited approvals.

The National Cryptocurrency Association says more than 67 million Americans—about 1 in 4 adults—now hold cryptocurrency, with 12 million entering the market in one year. The survey-based report says 90% of holders expect to buy crypto within the next year, while 77% said crypto has had a positive impact on their lives.

Bitcoin is still showing an intact uptrend even as sellers keep pressuring price beneath the $78,800 resistance area. After a brief dip under $78,700, the $77,000 region has emerged as the main near-term floor, with bulls defending it as a key pivot. Analysts also flag downside markers at $75,700 and $73,500 if the current support fails.

CME Group said its XRP futures suite recorded $62.87 billion in notional volume in its first year, alongside 1.32 million contracts traded and $238 million in average daily volume. The exchange shared the figures on May 20, covering activity through May 15, and highlighted growth across XRP futures, options, and spot-quoted XRP futures.