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Last week’s Senate vote overturning the SEC’s SAB 121 may be behind a potential emerging alliance between Wall Street, crypto and Washington.

By approving bitcoin as an underlying product within the ETF space, the SEC has reduced risk at the base level of the asset, BitGo’s Steve Scott writes. The only question is now will they invest?

Solana wallet Phantom has acquired the Bitski wallet platform for an undisclosed sum and plans to bring “embedded wallets” to Solana.

Crypto wallet activity is a better way to find sales prospects than “weird, sketchy Web2 data,” says Spindl CEO (and Facebook vet) Antonio Garcia Martinez.

The financial terms of the deal were not disclosed.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.

Standard Chartered expects ether ETFs to be approved this week, leading to inflows of up to $45 billion in the first 12 months.

The introduction of the DBR token comes ahead of a vote to decide if deBridge will use Jupiter’s LFG platform as its launch venue.

Fidelity filed an amended S-1 registration statement with the SEC for its prospective Ethereum ETF ahead of upcoming deadlines.