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Crypto Longs Lose $552M as Bitcoin Nears $78,000, SOL and XRP Fall About 5%Crypto long traders lost $552 million as bitcoin fell near $78,000 and total 24-hour liquidations reached $581 million. Bitcoin was down 3.2% over 24 hours after briefly trading above $82,000 over the past seven days. BTC and ETH led liquidations at $189 million and $151 million, while Solana fell 5% and XRP fell 4.3%.

Crypto Longs Lose $552M as Bitcoin Nears $78,000, SOL and XRP Fall About 5%

Crypto long traders lost $552 million as bitcoin fell near $78,000 and total 24-hour liquidations reached $581 million. Bitcoin was down 3.2% over 24 hours after briefly trading above $82,000 over the past seven days. BTC and ETH led liquidations at $189 million and $151 million, while Solana fell 5% and XRP fell 4.3%.
U.S. and Israel Could Resume Strikes on Iran as Early as Next WeekA U.S. source said the Pentagon is preparing to resume operations against Iran, and U.S. and Israeli strikes could restart as early as next week. Multiple U.S. officials said options include heavier bombing or special operations to seize nuclear materials, while acknowledging significant risks. The report also said the United States has rearmed warships and warplanes in the region since the ceasefire in early April.

U.S. and Israel Could Resume Strikes on Iran as Early as Next Week

A U.S. source said the Pentagon is preparing to resume operations against Iran, and U.S. and Israeli strikes could restart as early as next week. Multiple U.S. officials said options include heavier bombing or special operations to seize nuclear materials, while acknowledging significant risks. The report also said the United States has rearmed warships and warplanes in the region since the ceasefire in early April.
Russian President Vladimir Putin will make a state visit to China from May 19 to 20, according to China's Foreign Ministry. The ministry said Xi Jinping invited Putin for the visit.
Russian President Vladimir Putin will make a state visit to China from May 19 to 20, according to China's Foreign Ministry. The ministry said Xi Jinping invited Putin for the visit.
Crypto futures liquidations reached $216 million in the past hour across major exchanges.
Crypto futures liquidations reached $216 million in the past hour across major exchanges.
rsETH recorded a net exchange outflow of 435 tokens on May 15, which Santiment said pointed to recovering investor confidence in Kelp DAO. Santiment attributed the shift to Kelp DAO's full resumption of rsETH withdrawals, bridging, and protocol operations.
rsETH recorded a net exchange outflow of 435 tokens on May 15, which Santiment said pointed to recovering investor confidence in Kelp DAO. Santiment attributed the shift to Kelp DAO's full resumption of rsETH withdrawals, bridging, and protocol operations.
Chronicling the disruptions and threats of AI on businesses, workers, governments and economies with analysis from Bloomberg’s global newsroom. Our AI Today newsletter launches next week. Subscribe now: http://bloom.bg/3Pxsq7k
Chronicling the disruptions and threats of AI on businesses, workers, governments and economies with analysis from Bloomberg’s global newsroom.

Our AI Today newsletter launches next week. Subscribe now: http://bloom.bg/3Pxsq7k
SpaceX shareholders approve 5-for-1 stock split, Bloomberg News reports http://reut.rs/496UIfD http://reut.rs/496UIfD
SpaceX shareholders approve 5-for-1 stock split, Bloomberg News reports http://reut.rs/496UIfD http://reut.rs/496UIfD
The Kremlin confirmed Vladimir Putin’s visit to China on May 19-20, to take place days after President Xi Jinping’s summit with Donald Trump https://www.bloomberg.com/news/articles/2026-05-16/putin-to-visit-china-may-19-20-for-talks-with-xi-kremlin-says?taid=6a08177c717bd400015f321b&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
The Kremlin confirmed Vladimir Putin’s visit to China on May 19-20, to take place days after President Xi Jinping’s summit with Donald Trump https://www.bloomberg.com/news/articles/2026-05-16/putin-to-visit-china-may-19-20-for-talks-with-xi-kremlin-says?taid=6a08177c717bd400015f321b&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
Google agreed to pay $68 million to settle a class-action lawsuit over claims that Google Assistant recorded conversations without consent. The settlement covers eligible users in the US and its territories and allows claims through August 27th.
Google agreed to pay $68 million to settle a class-action lawsuit over claims that Google Assistant recorded conversations without consent. The settlement covers eligible users in the US and its territories and allows claims through August 27th.
Loracle.hl's 5x leveraged HYPE short returned to profit as HYPE fell, lifting total unrealized profit to $41.43 million. Its 5x leveraged CRBS short showed more than $1.76 million in unrealized profit.
Loracle.hl's 5x leveraged HYPE short returned to profit as HYPE fell, lifting total unrealized profit to $41.43 million. Its 5x leveraged CRBS short showed more than $1.76 million in unrealized profit.
Binance Research said about 11% of illegal cryptocurrency transaction volume in 2025 was seized, or about 55 times the fiat recovery rate. Binance Research said the figure was based on public reports from Tether, Interpol, and the T3 Financial Crime Unit.
Binance Research said about 11% of illegal cryptocurrency transaction volume in 2025 was seized, or about 55 times the fiat recovery rate. Binance Research said the figure was based on public reports from Tether, Interpol, and the T3 Financial Crime Unit.
Vegas Golden Knights to forfeit second-round pick for violating NHL's media regulations http://reut.rs/4wD8z7y http://reut.rs/4wD8z7y
Vegas Golden Knights to forfeit second-round pick for violating NHL's media regulations http://reut.rs/4wD8z7y http://reut.rs/4wD8z7y
Energy company ERock discloses revenue jump in US IPO filing http://reut.rs/4dLLVSO http://reut.rs/4dLLVSO
Energy company ERock discloses revenue jump in US IPO filing http://reut.rs/4dLLVSO http://reut.rs/4dLLVSO
Armenia’s prime minister has been trying to wrest a diplomatic victory from the jaws of military defeat. Nationalist politicians are stoking discontent https://www.economist.com/europe/2026/05/14/armenias-election-will-test-its-leaders-pivot-to-the-west?taid=6a08114132982f000154be29&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
Armenia’s prime minister has been trying to wrest a diplomatic victory from the jaws of military defeat. Nationalist politicians are stoking discontent https://www.economist.com/europe/2026/05/14/armenias-election-will-test-its-leaders-pivot-to-the-west?taid=6a08114132982f000154be29&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
Iranian authorities said shipping traffic will return to normal once the instability ends. The statement concerned the Strait of Hormuz.
Iranian authorities said shipping traffic will return to normal once the instability ends. The statement concerned the Strait of Hormuz.
As $HYPE going down, Loracle.hl’s (@loraclexyz) $HYPE (5x) short position is now back in profit, and his $CRBS (5x) short position is having a floating profit of over $1.76M. His total profit is now back to $41.43M. https://hypurrscan.io/address/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae#perps
As $HYPE going down, Loracle.hl’s (@loraclexyz) $HYPE (5x) short position is now back in profit, and his $CRBS (5x) short position is having a floating profit of over $1.76M.

His total profit is now back to $41.43M.

https://hypurrscan.io/address/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae#perps
UAE says all of its actions came under defensive measures to protect sovereignty, vital infrastructure http://reut.rs/4eVELg5 http://reut.rs/4eVELg5
UAE says all of its actions came under defensive measures to protect sovereignty, vital infrastructure http://reut.rs/4eVELg5 http://reut.rs/4eVELg5
Florida CEO Convicted In Shocking $1 Billion Medicare Scam Using Telemarketing and Fake Prescriptions. https://www.benzinga.com/news/legal/26/05/52592529/florida-ceo-convicted-in-shocking-1-billion-medicare-scam-using-telemarketing-and-fake-prescriptions
Florida CEO Convicted In Shocking $1 Billion Medicare Scam Using Telemarketing and Fake Prescriptions.

https://www.benzinga.com/news/legal/26/05/52592529/florida-ceo-convicted-in-shocking-1-billion-medicare-scam-using-telemarketing-and-fake-prescriptions
Efforts to deplatform Tommy Robinson have backfired. Backed by rich American donors, the far-right influencer’s distorted vision of Britain has gone global http://econ.st/3R2CK7U Photo: Elliott Franks/Eyevine
Efforts to deplatform Tommy Robinson have backfired. Backed by rich American donors, the far-right influencer’s distorted vision of Britain has gone global http://econ.st/3R2CK7U

Photo: Elliott Franks/Eyevine
Binance will list three USDT-margined perpetual contracts on May 18: FLNCUSDT, DRAMUSDT, and RKLBUSDT. The products will launch from 13:55 to 14:05 UTC with maximum leverage of 10x, 20x, and 10x, respectively.
Binance will list three USDT-margined perpetual contracts on May 18: FLNCUSDT, DRAMUSDT, and RKLBUSDT. The products will launch from 13:55 to 14:05 UTC with maximum leverage of 10x, 20x, and 10x, respectively.
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