Coinbase premium sinks as institutions hedge crypto risk
The Coinbase premium dropped to its lowest level this month on May 21, highlighting intensifying institutional selling pressure across the crypto market.

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The Coinbase premium dropped to its lowest level this month on May 21, highlighting intensifying institutional selling pressure across the crypto market.
A newly unsealed court filing in the Terraform Labs bankruptcy case alleged Jane Street used a private Telegram channel to obtain nonpublic information before the collapse of TerraUSD in 2022.
Tuas (ASX:TUA) has terminated its high-profile sale and purchase agreement to acquire shares in M1.
The United States Department of the Treasury intensified its crackdown on Iran-linked cryptocurrency activity after freezing nearly $500 million in digital assets under Operation Economic Fury.
The Blockchain Leadership Fund, a crypto-backed political action committee launched by Anchorage Digital and Chainlink Labs, endorsed 10 candidates for the 2026 US midterm elections.
ASIC has lodged an appeal with the Full Federal Court following the total dismissal of its disclosure and misleading conduct case against intelligence software provider Nuix (ASX:NXL).
Cosmos Health (NASDAQ:COSM) generated record revenue in the first quarter of 2026, driven by sustained distribution gains and market expansions, even as a shifting business mix and operational investments weighed on bottom-line profitability.
Treasure Global (NASDAQ:TGL) reported a 125% year-over-year revenue surge for its third fiscal quarter, reflecting an operational pivot toward e-vouchers and high-volume product loyalty sales within its digital platform ecosystem.
Bitget has launched a new Market Integrity and Token Accountability Framework to strengthen oversight of listed projects and market makers.
Dingdong (NYSE:DDL) reported a substantial increase in net income for the first quarter of 2026, driven by steady domestic demand and accounting adjustments related to its pending corporate sale to Meituan.