News

Bitcoin experienced a significant decline, dropping nearly 7% from $82,800 to $76,000. According to NS3.AI, aggregate realized losses among holders amounted to $616 million. Data from Glassnode indicated a shift in holder behavior from accumulation to distribution, with whale absorption reaching a record low of -151%.

According to CoinDesk, the U.S. Federal Reserve issued a revised proposal Wednesday establishing a framework for limited payment accounts—commonly called "skinny" master accounts—that would allow non-bank firms, including crypto companies, to clear and settle payments through Fed rails. Payment account holders would not receive intraday credit, discount window access, or interest on balances, and automated controls would prevent overdrafts. The proposal, now open for a 60-day comment period, follows a December 2025 request for information and increases maximum closing balance limits based on expected payment activity. The Fed also asked regional banks to pause consideration of certain applications while finalizing the rule, a day after President Trump's executive order directing a review of crypto firms' access to Fed payment rails.

REAL Technologies and Factori AD have entered into a securities tokenization agreement involving a pipeline exceeding $100 million in client assets. According to NS3.AI, the initial transaction involves 5,000,000 warrants linked to Alpha Bulgaria AD, with a notional value of approximately €13.75 million. Factori AD will manage onboarding, compliance, execution, and custody, while REAL Technologies will oversee tokenization and settlement.

Former Ethereum Foundation developer Dankrad Feist has proposed the creation of a new advocacy group for Ethereum, with a funding target of at least $1 billion. According to NS3.AI, Feist emphasized that the group should have economic alignment with Ethereum and suggested that part of its funding could come from staking revenue. He also criticized the current stance of the Ethereum Foundation.

Only around 46% of XRP Ledger nodes had completed the upgrade by May 19, despite the fixCleanup3_1_3 amendment being set to activate on May 27. According to NS3.AI, David Schwartz mentioned that a hard fork would require sufficient validators on each side to establish a functional unique node list, while minimizing the likelihood of a contentious split. The XRP Ledger Foundation's release notes advised server operators to upgrade to version 3.1.3 immediately, warning that nodes failing to upgrade could become amendment-blocked.

The Pentagon is actively testing various artificial intelligence models to determine the preferences of its 25 'super users,' according to a senior U.S. Department of Defense official. According to Jin10, the U.S. military is accelerating its search for alternatives to Anthropic's Claude. The testing began in early March, just three days after Defense Secretary Hegseth identified Anthropic as a supply chain risk. Following its decision to part ways with Anthropic, the Pentagon has set a six-month timeline to phase out the company's products. Earlier this month, the Pentagon announced new agreements with several other companies to use their AI tools on classified networks, aiming to develop multiple new supplier models.

According to Odaily, the final draft of an agreement between the United States and Iran has been reached with Pakistan's mediation. The announcement is expected to be made in the coming hours, as reported by the Islamic Republic News Agency (IRNA) citing Al Arabiya.

Nvidia has made a significant investment in Coherent, opening a position valued at approximately $1.86 billion in the first quarter of 2026, according to a recent SEC filing. According to NS3.AI, Coherent's shares have experienced a remarkable increase of 373% over the past 12 months, highlighting the company's strong market performance.

Syndicate, a DAO infrastructure service provider, has announced plans to gradually cease operations. According to Foresight News, the company cited a fundamental shift in the Rollup market after five years of building on-chain developer infrastructure. The Rollup market has significantly contracted, with many Rollups quietly shutting down, and the focus has shifted from EVM Rollups to custom chains built from scratch by consulting teams, resulting in low reusability of technology and network value.
Syndicate consists of two parts: Syndicate Labs, the development company, is closing, while Syndicate Network Collective, a Wyoming DUNA holding SYND tokens with governance rights, remains an independent entity. The governance of SYND will not be affected in the short term. The decision to cease operations is unrelated to recent cross-chain events, and affected users and SYND holders have been fully compensated through treasury reserves. Tokens held by the team and investors remain locked, with no short-term profits.

The U.S. Securities and Exchange Commission (SEC) is reportedly preparing to introduce an innovation exemption that could facilitate tokenized stock trading on decentralized cryptocurrency platforms. According to NS3.AI, this exemption might be implemented as early as this week, potentially allowing the trading of tokenized shares of public companies without the need for issuer backing. However, officials are still finalizing the framework, and the specifics may be subject to change before the official release.

OpenAI is preparing to confidentially file for an initial public offering as soon as Friday, with Goldman Sachs and Morgan Stanley advising on the draft prospectus, The Wall Street Journal reports, citing people familiar with the matter. The ChatGPT maker, last valued at $852 billion, aims to be ready to go public as early as September, though plans remain fluid. The filing follows OpenAI's courtroom victory over co-founder Elon Musk earlier this week, removing a key obstacle to the listing. CFO Sarah Friar has cautioned internally that the company may need more time, while OpenAI also faces intensifying competition from Anthropic and Google and has recently missed internal revenue and user targets. The IPO would cap what could become the largest year ever for public offerings, with SpaceX and Anthropic also exploring blockbuster debuts.

The U.S. Treasury Department has successfully auctioned $19 billion in 10-year Treasury Inflation-Protected Securities (TIPS). According to Jin10, the auction resulted in a yield of 2.169% with a bid-to-cover ratio of 2.52.

The dollar index, which measures the U.S. dollar against six major currencies, increased by 0.17% on May 22, closing at 99.257, according to ChainCatcher. The euro fell to 1.1612 dollars from the previous day's 1.1631 dollars. The British pound decreased to 1.3426 dollars from 1.3442 dollars. Meanwhile, the dollar rose against the Japanese yen, reaching 159.08 yen compared to 158.84 yen the day before. The dollar also strengthened against the Swiss franc, trading at 0.7874 francs, up from 0.7868 francs. Additionally, the dollar appreciated against the Canadian dollar, reaching 1.3783 dollars from 1.3749 dollars, and against the Swedish krona, rising to 9.3501 krona from 9.3324 krona.

A Pakistani senator has indicated that discussions between the United States and Iran are advancing positively. According to NS3.AI, the senator mentioned that Pakistan is actively working to facilitate negotiations among all involved parties to bridge differences, achieve an agreement, and ultimately bring an end to the conflict.

U.S. equities ended the trading session on a positive note, with the Dow Jones Industrial Average leading the gains by rising 0.55%. According to NS3.AI, this increase marks a notable performance among major indices. The upward movement in the market reflects investor optimism amid ongoing economic developments. Other indices also showed positive trends, contributing to the overall market uplift.

Bitcoin miners are exhibiting cautious behavior, according to CryptoQuant analysts. The analysis indicates that miners have not yet shown signs of confirming a market bottom and are currently in a phase of observation and cautious adjustment. According to Odaily, the Miner Position Index (MPI) remains in negative territory, suggesting that the current selling pressure is below the historical average. This indicates that miners are not engaging in panic selling but are instead focusing on maintaining cash flow through passive selling, which reduces the likelihood of extreme short-term declines.
Additionally, the Puell Multiple is still below 1, further indicating that miner revenue is at historically weak levels, putting pressure on overall profitability. However, there is no evidence of strong accumulation behavior typically associated with a cycle bottom.
The analysis suggests that miners are in a 'waiting phase,' neither engaging in capitulation selling nor entering an active accumulation cycle, resembling a transitional state before a market bottom forms. While miner selling pressure has eased, on-chain structures still indicate short-term supply pressure, and Bitcoin is expected to continue its range-bound pattern. Market sentiment remains cautious in the short term.

Rootstock's Q1 2026 merged-mining report reveals that 84.01% of Bitcoin's total hashrate contributed to securing the Rootstock sidechain. According to NS3.AI, the average Rootstock hashrate was recorded at 833.92 EH/s. However, the report did not specify the actual fee revenue for miners, leaving the economic benefits of merged mining uncertain.

Mark Cuban has revealed that he sold the majority of his Bitcoin holdings after determining that it did not serve as an effective hedge against fiat currency devaluation and geopolitical instability. According to NS3.AI, Cuban observed that during the Iran war turmoil, gold prices increased while Bitcoin's value declined. Additionally, he noted that Bitcoin also fell when the U.S. dollar weakened.

AI startup Hark has announced the completion of a $700 million Series A funding round, bringing its post-money valuation to $6 billion. According to PANews, the round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, and Salesforce Ventures. Hark plans to use the funds to expand its GPU infrastructure, accelerate large model research and development, increase its team from approximately 70 to 200 engineers, and develop next-generation AI hardware. The company aims to create a personal intelligent system capable of voice interaction, visual understanding, long-term memory, and high personalization.

SpaceX is reportedly planning to build a 10-gigawatt solar power plant near Austin, Texas. According to Jin10, this development marks a significant step in SpaceX's efforts to expand its renewable energy capabilities. The proposed solar plant is expected to enhance the company's energy infrastructure and support its growing operations in the region. This initiative aligns with SpaceX's broader strategy to integrate sustainable energy solutions into its business model, reflecting a commitment to reducing carbon emissions and promoting environmental sustainability.

AmericanFortress has introduced a patent-pending post-quantum signature scheme designed to protect existing crypto assets, including dormant wallets, from potential quantum attacks. According to CoinDesk, the protocol employs a backward-compatible soft fork and zero-knowledge proofs to secure vulnerable pre-BIP32 bitcoin addresses, such as Satoshi-era wallets. This initiative aims to safeguard Satoshi Nakamoto's 1.1 million bitcoin stash and nearly 5 million BTC in dormant accounts, valued at approximately $400 billion. The announcement follows an $8 million seed funding round co-led by SAVA Digital Asset Fund, Moon Pursuit Capital, and 0G Labs. AmericanFortress CEO Michal Pospieszalski emphasized that the protocol would freeze and protect these funds until governance decides their fate, ensuring the integrity of Bitcoin and other major chains like Ethereum, Solana, and Tron.

Iranian President Pezeshkian has declared that he will not make concessions in ongoing negotiations, as reported by Iranian state TV. According to NS3.AI, this statement underscores Iran's firm stance in diplomatic discussions.

Nike, DraftKings, and Fox Corporation are key stocks to watch as the FIFA World Cup 2026 approaches, according to BeInCrypto. Nike, which sponsors several national teams, including the U.S. and Canada, anticipates a 20-30% increase in jersey sales, driven by the tournament. DraftKings, operating the largest U.S. online sportsbook, could see a $1.1 billion boost in handle from the event. Fox Corporation, holding exclusive U.S. broadcast rights, plans to air a record 70 matches on FOX, with additional coverage on FS1 and Tubi.

Michaël van de Poppe has indicated that Bitcoin might drop below $65,000 if it fails to maintain support above $74,000. According to NS3.AI, van de Poppe also highlighted that the current Brent crude price at $107 and increasing yields are negative indicators for risk assets, including Bitcoin.

SEC Chair Paul Atkins announced on May 20 that the agency is temporarily halting the review of newly filed ETF applications, including those related to prediction market funds. According to NS3.AI, this pause is intended to gather public feedback before determining the next steps. Atkins emphasized that novel products present unique challenges that require careful consideration. Previous delays have impacted prediction market ETF filings from companies such as Bitwise, Roundhill Investments, and GraniteShares.

Nvidia's stock, currently at $223, has shown signs of bearish divergence despite a recent earnings beat, according to BeInCrypto. The company reported Q1 revenue of $81.6 billion, surpassing the $78.8 billion estimate, and an adjusted EPS of $1.87, above the $1.76 consensus. However, indicators such as the Chaikin Money Flow and Relative Strength Index suggest big-money exits and weakening momentum. The put-call volume ratio has increased post-earnings, indicating growing bearish sentiment. Nvidia must reclaim $226 to avoid further downside pressure.

Some analysts project Amazon's stock could reach $375 by 2026, while 55 analysts cited in the article provide an average target of $315.69. According to NS3.AI, the optimistic outlook for Amazon is driven by growth in Amazon Web Services (AWS) and savings from automation. However, Michael Collins of WinCap Financial cautions that valuation and capital efficiency might constrain potential returns.

On-chain analyst MLM reported that wallets associated with Multicoin Capital might have exchanged ETH for HYPE following the transfer of 87,100 ETH, valued at $220 million, to a Galaxy Digital deposit address on January 22. According to NS3.AI, Arkham analyst Emmett Gallic supported the plausibility of this analysis.

Almost a decade ago, Scott Wilson, the chief investment officer at Washington University in St. Louis, placed about $50 million of the school’s money in SpaceX. Bloomberg posted on X, highlighting the strategic foresight of Wilson's decision, which has since proven to be highly lucrative. The investment in SpaceX, a leading aerospace manufacturer and space transportation company, has significantly appreciated in value, contributing to the university's financial growth. This move underscores the importance of strategic investments in innovative companies within the education sector. Washington University's decision to invest in SpaceX reflects a broader trend among educational institutions seeking to diversify their portfolios and capitalize on emerging technologies. The success of this investment serves as a testament to the potential benefits of aligning educational endowments with forward-thinking industries.

The Atlanta Federal Reserve's GDPNow model has updated its forecast for the U.S. GDP growth in the second quarter, projecting an increase to 4.3%. According to Jin10, this is an upward revision from the previous estimate of 4.0%. The GDPNow model is a real-time economic forecasting tool that provides insights into the U.S. economy's performance by analyzing various economic data.

According to NS3.AI, Whale Alert has reported the minting of 250 million USDC at the USDC Treasury. This development is significant as it reflects ongoing activities within the stablecoin market, potentially impacting liquidity and market dynamics. The minting of such a large amount of USDC could influence trading volumes and market sentiment, as stablecoins like USDC are often used for trading and hedging purposes in the cryptocurrency market.

U.S. President Donald Trump has declared that Iran will not be permitted to possess enriched uranium. According to NS3.AI, Trump emphasized that the United States could take action to destroy such material if Iran were to acquire it.

U.S. President Donald Trump stated that the $149 billion collected from tariffs might need to be refunded. According to NS3.AI, Trump also expressed his expectation that the Supreme Court will rule against him.

U.S. President Donald Trump has voiced his dissatisfaction following the delay in signing new executive orders related to artificial intelligence and cybersecurity. According to NS3.AI, the White House had initially planned a signing ceremony, which was subsequently canceled, postponing the event to an unspecified future date.

U.S. President Donald Trump has expressed his opposition to the imposition of tolls on vessels passing through the Strait of Hormuz. According to NS3.AI, Trump stated that he does not support the idea of charging ships for transit through this critical maritime route, which is a vital passage for global oil shipments. The Strait of Hormuz is strategically important, connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea, and any tolls could impact international trade and shipping costs.

The prediction market Polymarket has observed significant fluctuations in the odds for the event 'Will the Iran ceasefire last until July 31?' According to ChainCatcher, the probability for the 'Yes' option in the sub-market for July 31 has surged from 38% to 53.5% within the past hour, marking a 15.5% increase. This change highlights the impact of recent developments on market sentiment.

The Avalanche Foundation has announced the launch of a new research grant program focused on crypto economics, offering awards of up to $50,000. According to NS3.AI, the initiative aims to foster research in areas such as crypto asset pricing, valuation, validator economics, and network security design. An independent review committee has been established to evaluate the proposals submitted for these grants.

MoonPay has launched MoonPay Trade, a new platform designed to provide banks, fintechs, and enterprises with access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity across more than 200 blockchains. According to CoinDesk, this expansion is supported by Decent.xyz, a cross-chain startup acquired by MoonPay, and aims to serve the firm's financial institutional business led by former acting CFTC Chair Caroline Pham. The move comes as tokenization gains traction in finance, with tokenized real-world assets now exceeding $33 billion in market value.

U.S. President Donald Trump has announced ongoing negotiations with Iran, expressing confidence that an agreement will be reached. According to Odaily, Trump addressed the issue of Iran and Oman imposing transit fees for the Strait of Hormuz, stating that he is monitoring the situation closely. He emphasized that the U.S. currently has full control over the Strait of Hormuz and that the blockade is completely effective. Additionally, Trump revealed the introduction of new anti-drone technology that was not available two months ago.

Eightco Holdings, a Nasdaq-listed company, has announced its total holdings amounting to approximately $337 million as of May 20. According to Foresight News, the holdings include $90 million in OpenAI equity held indirectly through a special purpose entity, $18 million in Beast Industries equity, and a $1 million investment in Mythical Games. Additionally, the company holds 11,068 Ethereum and 283.4527 million WLD tokens, valued at $0.25 each, along with approximately $133 million in cash and stablecoins. Eightco's WLD token holdings represent about 8.31% of the circulating supply, making it the largest publicly disclosed institutional holding globally.