Mark Cuban says Bitcoin failed to act like digital gold when war risk and dollar weakness hit, and he is right, but the stronger defense is that Bitcoin was never just a hedge.

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	Forwarded this email? Subscribe here for more Mark Cuban’s Bitcoin sale tests the gap between a failed hedge and a surviving monetary bet Mark Cuban says Bitcoin failed to act like digital gold when war risk and dollar weakness hit, and he is right, but the stronger defense is that Bitcoin was never just a hedge. May 23   READ IN APP   Good to see you this Saturday. Crypto’s real test is shifting from simple price narratives to whether networks and institutions can keep functioning when expectations break. Mark Cuban’s Bitcoin critique lands on hedging, but the stronger takeaway is that Bitcoin is still being judged as an evolving monetary asset rather than a failed trade. That same stress test appears elsewhere. XRPL’s coming upgrade highlights that validator coordination and market support, not branding, determine which chain survives. Cardano’s funding vote shows governance can threaten core talent and execution. Meanwhile, the Bank of England’s push toward 24/7 settlement signals where tokenized finance could matter most: fixing legacy plumbing that still constrains real-world capital flows. The global crypto market cap is $2.52 trillion, with a 24-hour volume of $82.26 billion. The price of Bitcoin is $75,396.28, and BTC market dominance is 59.9%. The price of Ethereum is $2,053.26, and ETH market dominance is 9.8%. The best-performing sector is Move-to-Earn, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (28). 📰 Top News Mark Cuban’s Bitcoin sale tests the gap between a failed hedge and a surviving monetary bet Mark Cuban says Bitcoin failed to act like digital gold when war risk and dollar weakness hit, and he is right, but the stronger defense is that Bitcoin was never just a hedge. XRPL’s May 27 upgrade shows how validators and markets decide a blockchain split David Schwartz says an XRP Ledger fork would be settled by UNLs, validator coordination, code defaults, and whether anyone is willing to keep the old rules alive. Cardano founder warns network could lose its scientists in Input Output’s 33M ADA funding vote fails Input Output faces an unprecedented funding crisis as decentralized governance members hesitate to approve the 2026 development roadmap. Ad: The Signal Has Returned: Inside Wadoozie, the $WADZ Mission Activating 48 States With a real bus crossing 48 states and 576 Signal Fragments spread online and on the ground, Wadoozie is building a crypto project that treats story as infrastructure. Learn More Buy Borrow Die Guide Series: Why collateral reuse is the hidden risk in crypto lending Rehypothecation is a core risk in crypto lending. Learn how collateral reuse works, why it has amplified past failures, and how to evaluate safer platforms. 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