The U.S. Treasury auctioned $125 billion in debt from May 11 to May 13, including a 30-year bond that cleared at a 5.046% high yield, the first such level since August 2007. Bid-to-cover ratios slipped below 2.55 across the 3-year, 10-year, and 30-year sales, and the post-auction move lifted long-end yields toward 5.1%. The shift could keep pressure on mortgage rates and broader borrowing costs tied to Treasury benchmarks.

On May 14, 2026, the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, moving the U.S. closer to a comprehensive crypto market-structure law. A16z Crypto's general counsel Miles Jennings said the bill would clarify SEC vs. CFTC oversight and build on the GENIUS Act's July 2025 stablecoin framework. The legislation next heads toward a full Senate vote, with further steps required in the House and a presidential signature to become law.

Bhutan's Druk Holding and Investments (DHI) CEO Ujjwal Deep Dahal said in 2026 that he does not "recall" the country selling bitcoin this year, even as onchain-based reports have suggested reductions in holdings. Arkham-labeled wallets show Bhutan's BTC balance falling from 13,000 BTC in Oct. 2024 to 3,121.22 BTC, valued at $243.72 million. Arkham told Coindesk the wallet labels are generated using public data, AI, and other methods, but have not been independently verified with Bhutanese officials.

Over the last seven days, stablecoin market capitalization rose to $323.343 billion after $1.542 billion in net inflows. USDT stayed on top with about 58.67% share and added $68.2 million since May 9, while USDC fell 1.22% on the week. USDS grew 11.50% to $8.791 billion, and Western Union's USDPT surged 597,568% but remained a $1.5 million market.

On Friday, May 15, 2026, the 10 largest publicly traded bitcoin mining stocks all declined 2.52% to 9.59% in one session, even as each remained ahead of bitcoin's year-to-date return. Bitcoin ended the week at $77,849 and was down 11.1% YTD, while Hut 8 led miners with a 123.16% YTD gain despite a 6.26% daily drop. Several miners cited expanding AI and high-performance computing (HPC) capacity and contracts as a key driver behind their stronger 2026 performance.

Bank of England Deputy Governor Sarah Breeden said the UK central bank is reassessing proposed limits on sterling stablecoin holdings and may have been "overly conservative". The plans previously included a 20,000-pound cap for individuals and a 10 million-pound cap for businesses, alongside a rule requiring 40% of backing assets to be deposited at the BoE. Breeden also said the BoE does not need to raise rates in June or July 2026, even as markets price in two or three hikes that year.

Bitcoin futures open interest across exchanges rose to $61.9 billion on May 14, with BTC trading around $81,500 at 3 p.m. ET. Options positioning shows "max pain" levels clustering around $78,000–$81,000 for near-term expirations, while Deribit's June 26 expiry carries $14.52 billion in notional value. Data also indicate differing behavior across venues, with call volume leading on Deribit and OKX while CME's options open interest is more put-heavy.

Moody's Ratings granted its highest Aaa-mf grade to BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) on or around May 13, 2026. The Ethereum-based, tokenized money-market product manages about $2.58 billion and targets a $1 NAV while distributing daily yield to investor wallets. The rating places BUIDL alongside the safest traditional money-market instruments and follows a similar top rating for Fidelity's FILQ fund.

On May 13, 2026, the CFTC's Division of Market Oversight and Division of Clearing and Risk said they would not recommend enforcement when certain prediction-market participants do not report event-contract transaction data to swap data repositories or meet related recordkeeping duties. The relief applies to fully collateralized event contracts and covers designated contract markets (DCMs), derivatives clearing organizations (DCOs), and their participants. Firms seeking the same treatment going forward can ask to be added to an appendix to the letter, while entities outside the stated terms are not automatically covered.