coverage endedMay 19, 2026, 10:00 PMCrypto markets have turned lower in morning U.S. trade on Tuesday as the idea of coming rate hikes takes a toll on risk assets.Strive adds bitcoinStrive (ASST) announced earlier on Tuesday the acquisition of an additional 332 bitcoin, purchased for $30.3 million, or an average price of $79,348 each.That brought the company's total holdings to 15,391 BTC, valued at just shy of $1.2 billion.Led by CEO Matt Cole, Strive has been able to raise additional capital via its high-yielding SATA preferred stock, a product comparable to Michael Saylor's Strategy's STRC.While Strategy has moved to make STRC dividends payable bi-monthly, Cole and Strive have gone a step further. The company will begin making SATA dividend payments daily in mid-June.ASST is lower by 2.2% on Tuesday alongside bitcoin's dip to $76,500.Trump on Warsh: 'I'm going to let him do what he wants to do'Amid the continuing selloff in fixed income and surging expectations for Federal Reserve rate hikes, the DC Examiner's Zachary Halaschak asked President Trump what he expects from incoming Fed Chair Kevin Warsh."I'm going to let him do what he wants to do," said Trump. "He's a very talented guy, he's going to be fine, he's going to do a good job."Markets are now pricing in nearly a 60% chance of one or more Fed rate hikes in 2026, according to CME FedWatch. The 10-year U.S. Treasury yield has jumped another 5.5 basis points on Tuesday to 4.68%. The Nasdaq is down 1.35% and bitcoin (BTC) has sunk back to just above $76,000.Bakkt jumps 19% on insider buyingCrypto-related stocks opened mixed. Coinbase (COIN) and eToro (ETOR) posted modest gains while Robinhood (HOOD) and Gemini (GEMI) traded lower. Crypto mining stocks were mostly in the red as well, with Cleanspark (CLSK) standing out as one of the few gainers, up about 2%.One notable mover was Bakkt (BKKT), which surged 19% in early trading after regulatory filings showed that director Michael Alfred’s investment vehicle bought roughly $4.85 million in company shares. The purchases came as Bakkt pushes deeper into stablecoin payments and digital asset infrastructure following its acquisition of Distributed Technologies Research, a firm focused on stablecoin and agentic payments systems. Bakkt shares traded near $10 before the opening bell after closing Monday at $8.72, though the stock remains far below its 52-week high of $49.79.Alfred’s buying follows a difficult first quarter for the company. Bakkt reported revenue of $243.6 million, down from $1.07 billion a year earlier, alongside a net loss of $11.7 million. CEO Akshay Naheta recently described the quarter as “the beginning of a new chapter,” as the company pivots toward stablecoin infrastructure through products such as Bakkt Markets and Bakkt Global.U.S. long bond yield rises to highest since 2007The 30-year Treasury yield just hit its highest in nearly two decades, flashing a fresh warning for stocks, cryptocurrencies and just about every other risk asset.The yield rose to 5.186%, the highest since 2007, according to data source TradingView. It has added 20 basis points this month and over 50 basis points since the onset of the Iran war in late February.The 10-year yield, widely seen as the benchmark rate, has jumped to 4.66%, the highest since February 2025. At the same time, the two-year yield, which is sensitive to Fed interest rate expectations, has jumped to 4.11%, also the highest since February 2025.Rising bond yields make "safe" assets such as government bonds pay more, so investors are disincentivized to take risks in other markets such as stocks, cryptocurrencies or even gold, which doesn't have an inherent yield.The impact doesn't end there. Rising yields also raise borrowing costs across the economy, hurting future profits and making risky assets look less attractive.Note that U.S. Treasury yields aren't the only ones rising. Japanese and U.K. government bond yields are seeing similar spikes, suggesting financial tightening across the advanced world.Crypto analysts warned early this month that rising yields could weigh on bitcoin (BTC) and the wider market. As of writing, bitcoin traded near $76,800, down 0.5% over the past 24 hours and down from above $82,000 late last week. Stocks, meanwhile, are lower for a third straight session, led by the Nasdaq's 1.25% decline.12345678910Risk-On Returns: Binance Leads the Flows PickupRisk-On Returns: Binance Leads the Flows PickupMajors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led.May 14, 2026Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led.Why it matters:Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led.View Full Report