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blockonomi.com Bitcoin On-Chain Data Signals Bull Market Consolidation as Profit-Taking Pressure Eases

TLDR: Bitcoin’s Daily Realized Profit/Loss Ratio 30DMA has dropped sharply, signaling fading profit-taking pressure. A realized-loss spike points to a localized panic-sell event typical of mid-cycle corrective resets, not tops. Adjusted MVRV remains above bear market transition zones, reflecting mid-cycle normalization rather than breakdown. Bitcoin holds above long-term realized value benchmarks despite contracting profitability, showing [...] The post Bitcoin On-Chain Data Signals Bull Market Consolidation as Profit-Taking Pressure Eases appeared first on Blockonomi.

news.bitcoin.com Grayscale and Vaneck Both Update Spot BNB ETF Filings as US SEC Review Heats Up

Grayscale has submitted a second amended S-1 for its proposed spot BNB exchange-traded fund, a development Bloomberg ETF analyst James Seyffart says indicates active SEC engagement. Vaneck filed its own competing update on the same day. The Race for a Spot BNB ETF Grayscale’s second amended S-1 is the more significant development as it indicates […]

bitcoinist.com PrimeXBT: How Crypto Funding Changes Access to Global Markets

Most traders who hold Bitcoin or Ethereum are sitting on capital they cannot easily deploy. To trade global markets with it, the traditional route goes like this: convert to fiat, pay a conversion spread, wait for the transfer, fund a separate brokerage account, and then execute. Conversion fees and delays vary by provider, but they […]

blockonomi.com Ten Stocks Are Holding the S&P 500 Together While the Rest of the Market Lags Behind

TLDR: Only 10 stocks contributed 69% of the S&P 500’s 16% rally, leaving 490 companies largely behind. Microsoft, Alphabet, and Amazon pledged a combined $570B+ in AI spending, fueling the tech surge. The equal-weight S&P 500 gained just 7–8%, less than half the performance of the standard index. Goldman Sachs warned that market breadth has [...] The post Ten Stocks Are Holding the S&P 500 Together While the Rest of the Market Lags Behind appeared first on Blockonomi.

blockonomi.com The Compute Cartel: How Microsoft, Amazon, and Google Control Every Major AI Lab

TLDR: Amazon, Microsoft, and Google invest billions in AI labs, then collect that money back as locked-in cloud revenue. Within 16 days, three megadeals handed Anthropic compute from Amazon, Google, and SpaceX simultaneously. xAI failed to operate independently and was forced to lease its GPU data center directly to rival Anthropic. Regulators in the US, [...] The post The Compute Cartel: How Microsoft, Amazon, and Google Control Every Major AI Lab appeared first on Blockonomi.

news.bitcoin.com DHI CEO Says Bhutan Has No Recollection of Selling BTC Despite Balance Drop Flagged by Arkham

While reports tied to onchain-tracked wallets have widely circulated claims that Bhutan has been reducing its bitcoin holdings over the past year, Druk Holding and Investments (DHI) told the media the firm does not “recall” the last time the entity sold BTC. Arkham Tracks Bhutan BTC Falling From 13K, While Druk Holding and Investments Boss […]

blockonomi.com BlackRock in Talks to Invest Up to $10 Billion in SpaceX IPO Ahead of June Listing

TLDR: BlackRock is reportedly in discussions to commit between $5 billion and $10 billion to the SpaceX IPO offering. SpaceX is targeting June 11 for IPO pricing and June 12 for its market debut on the Nasdaq exchange. The offering could raise around $75 billion, valuing SpaceX at approximately $1.75 trillion at listing. Morgan Stanley, [...] The post BlackRock in Talks to Invest Up to $10 Billion in SpaceX IPO Ahead of June Listing appeared first on Blockonomi.

blockonomi.com Dunamu Posts 78% Profit Drop as Crypto Trading Slump Hits Upbit’s Fee-Driven Revenue

TLDR: Dunamu’s Q1 operating profit dropped 78% year-on-year, falling to 88 billion won from 396 billion won. Transaction fees make up 97% of Dunamu’s revenue, making it highly exposed to crypto market slowdowns. Hana Bank acquired a 6.55% stake in Dunamu as part of a 1 trillion won investment agreement. Naver Financial agreed to acquire [...] The post Dunamu Posts 78% Profit Drop as Crypto Trading Slump Hits Upbit’s Fee-Driven Revenue appeared first on Blockonomi.

blockonomi.com Bitcoin On-Chain Data Signals Bull Market Consolidation as Profit-Taking Pressure Eases

TLDR: Bitcoin’s Daily Realized Profit/Loss Ratio 30DMA has dropped sharply, signaling fading profit-taking pressure. A realized-loss spike points to a localized panic-sell event typical of mid-cycle corrective resets, not tops. Adjusted MVRV remains above bear market transition zones, reflecting mid-cycle normalization rather than breakdown. Bitcoin holds above long-term realized value benchmarks despite contracting profitability, showing [...] The post Bitcoin On-Chain Data Signals Bull Market Consolidation as Profit-Taking Pressure Eases appeared first on Blockonomi.

bitcoinist.com Why Ripple’s XRP Is A Better Transaction Choice Compared To SWIFT

Crypto pundit CharuSan has explained why Ripple’s XRP is a better choice for cross-border transactions than SWIFT. He also predicted that SWIFT is likely to integrate XRP at some point to avoid becoming redundant.  Why Ripple’s XRP Has A Competitive Edge Over SWIFT In an X post, CharuSan said that SWIFT is cumbersome and slow, […]

themerkle.com Ethereum Whale Makes A Come Back And Buys The Dip After Racking Up Profits Worth $30.5M

An early Ethereum whale is making headlines again after re-entering the market following a major price decline in ETH. According to blockchain tracking platform Lookonchain, the longtime holder, widely described as an Ethereum OG, has already deployed millions back into Ethereum after previously securing one of the most impressive profits seen in the asset’s history. According to @zachxbt, #THORChain appears to have been exploited across multiple chains, including #Bitcoin, #Ethereum, #BSC, and #Base, with stolen funds already exceeding $10M.https://t.co/Pqj8JwXdAj pic.twitter.com/lYBjuhnKB5 — Lookonchain (@lookonchain) May 15, 2026 The particular wallet owner has allegedly evolved many thousand dollars worth of Ethereum from The post Ethereum Whale Makes A Come Back And Buys The Dip After Racking Up Profits Worth $30.5M appeared first on The Merkle News.

news.bitcoin.com Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss Deepens

Multicoin Capital has moved all 286,057 of its remaining aave tokens, worth approximately $26.68 million, into Coinbase Prime, the clearest signal yet that the fund is exiting a position sitting on over $40 million in losses. How the Position Was Built Onchain data shows Multicoin Capital transferring its entire remaining Aave (AAVE) position of 286,057 […]

cryptopotato.com Bitcoin Price Analysis: What Does the Rejection at $80K Mean for BTC’s Future?

Bitcoin’s recent recovery attempt appears to be losing momentum as the market once again received notable rejection below the $80K mark. The repeated inability to sustain gains above key thresholds suggests sellers remain dominant, increasing the likelihood of another corrective phase in the short term. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, […]

news.bitcoin.com Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion

The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector […]

news.bitcoin.com Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance

Publicly-listed bitcoin miners took a beating on Friday, May 15, 2026, with every major traded mining stock dropping between 2.52% and 9.59% in a single session, even as their year-to-date gains outpaced bitcoin’s own performance by a wide margin. Bitcoin Miner Stocks Suffer on Friday, But Still Hold Solid 2026 Gains Bitcoin closed the week […]

bitcoinist.com XRP Records Over 400M In Binance Withdrawals Since May 3 — What’s Happening?

The XRP market has seen a notable shift in large holders’ activity. Analyst Amr Taha, in a recent CryptoQuant post, highlights the implications of this changing dynamic and how it might affect the altcoin’s price. Related Reading: The CLARITY Act Is Not The Only Win For XRP, Here Are Other Wins For Ripple Large Holders […]

news.bitcoin.com Dogecoin Whale Bets $2.25M With 10x Leverage as Big Wallets Hoard Record 108B DOGE

A newly created crypto wallet opened a $2.25 million, 10x leveraged long on dogecoin, betting on an upside move with a liquidation price at $0.10284, less than 10% below current spot price. High Stakes, Tight Margin A 10x leveraged position amplifies profits and losses by a factor of ten such that if DOGE rises 10%, […]

bitcoinist.com Tether Faces Calls To Block $344 Million in USDT Linked To Terror Activity

A Jerusalem family that lost relatives in a 1997 Hamas suicide bombing is among the plaintiffs pushing a US federal court to order Tether to hand over hundreds of millions in frozen digital currency. The case, filed in Manhattan, could set a significant legal precedent for how courts treat centralized stablecoin issuers. Related Reading: Crypto […]

cryptobriefing.com Iran signals transit normalization through Hormuz tied to security conditions after Trump’s China visit

Iran's new Strait of Hormuz regulations could reshape global oil logistics, impacting shipping costs and geopolitical dynamics significantly. The post Iran signals transit normalization through Hormuz tied to security conditions after Trump’s China visit appeared first on Crypto Briefing.

bitcoinist.com Crypto ATM Giant Bitcoin Depot Warns Of Possible Collapse

Bitcoin Depot had roughly 220 machines running in Canada when the Canadian government released its Spring Economic Update in April, proposing a nationwide ban on crypto ATMs to combat scammers and money launderers. The timing could not have been worse for the company. A Company Running Out Of Room The Atlanta-based crypto kiosk operator disclosed […]

blockonomi.com Stablecoin Infrastructure Has Gone Regional: The $400B Map Reshaping Cross-Border Payments

TLDR: Stablecoin payment volume reached $400B in 2025, with 60% of transactions driven by B2B activity. Bridge covers 35 countries but holds zero local rail presence in APAC, exposing critical coverage gaps. Conduit operates at roughly 10 bps on FX, compared to Bridge’s fee of up to 1% per transaction. Fasset hit $32B annualized across [...] The post Stablecoin Infrastructure Has Gone Regional: The $400B Map Reshaping Cross-Border Payments appeared first on Blockonomi.

news.bitcoin.com Drake Drops 43 Songs and Calls Himself a ‘BTC Crypto Big-Timer’ on New Track ‘Dust’

Rap star and hip-hop veteran Drake dropped three surprise solo albums on May 15, 2026, totaling 43 tracks, and buried the crypto world’s most talked-about verse inside a single boastful cut called “Dust.” Drake Releases Triple Album in May 2026 and Plants Bitcoin, FTX Shoutout on Iceman Cut The three projects, “Iceman,” “Habibti,” and “Maid […]

bitcoinist.com Bitcoin Monthly Structure Signals Continuation Of Major Historical Trend

Bitcoin’s long-term price structure is once again drawing attention, as the asset continues to follow a powerful historical pattern on the monthly timeframe. Despite short-term volatility and shifting market sentiment, the broader trend suggests BTC may still be tracking well-established cyclical behavior from previous market phases. How Historical Bitcoin Data Supports A Positive May Outlook […]

forklog.media THORChain Team Reveals Details of $10 Million Hack

THORChain developers have confirmed a breach of the cross-chain protocol amounting to $10 million and denied the launch of a compensation program. THORChain incident update #2 We have become aware of multiple fake accounts and false information circulating regarding “refunds”, “airdrops”, compensation claims, and other alleged initiatives. To be absolutely clear: — Initial findings indicate that no user funds were…— THORChain (@THORChain) May 16, 2026   According to PeckShield, the attacker stole 36.75 BTC and approximately $7 million in EVM tokens across the Ethereum, BNB Chain, and Base networks. Following the incident, the THORChain team suspended the protocol's operations. Trading options, liquidity pool operations, and other "sensitive" actions became unavailable. The main theory regarding the attack vector is that the perpetrator exploited a vulnerability in the GG20 TSS threshold signature scheme implementation, which allowed the leakage of confidential key information of the multisig vault participants. Over time, the hacker gathered enough data to reconstruct the private key and execute unauthorized outgoing transactions. “The team continues to work on a comprehensive recovery and network relaunch plan. Returning to trading and full functionality will likely take several days or longer, depending on the complexity of the chosen remediation path,” the statement said. The developers assured that user funds were not affected by the incident. They noted the emergence of numerous resources offering compensation. “THORChain is currently not conducting any refund, airdrop, or compensation programs. Any account claiming otherwise is impersonating us or spreading misinformation,” the team emphasized. One portal, allegedly launched on behalf of the THORChain Foundation, offers to connect the affected wallet for compensation. According to the statement, the “refund window” will close in 21 days. Commentators highlight that this is a scam and urge caution. Source: revoke-thorchain.org. Back in April, a record number of hacks in the crypto industry were recorded in a single month. More than 20 incidents resulted in losses amounting to $651 million.

news.bitcoin.com Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran

Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped below $78,000 Saturday morning amid fears that the U.S. and Israel are about to resume bombing Iranian facilities. Bitstamp […]

blockonomi.com CLARITY Act Advances Through Senate Banking Committee in Landmark Bipartisan Vote

TLDR: The CLARITY Act passed the Senate Banking Committee 15-9 after a last-minute bipartisan deal during the markup itself. Senators Alsobrooks and Gallego voted yes in committee but have not committed to supporting the bill on the Senate floor. An ethics provision barring officials from financial interests in digital assets remains the top Democratic demand [...] The post CLARITY Act Advances Through Senate Banking Committee in Landmark Bipartisan Vote appeared first on Blockonomi.

blockonomi.com Intesa Sanpaolo Doubles Crypto Holdings to $235 Million in Q1 2026 With New ETH and XRP Positions

TLDR: Intesa Sanpaolo more than doubled its crypto exposure from $100M to $235M in the first quarter of 2026. The bank entered Ethereum for the first time via BlackRock’s iShares Staked Ethereum Trust with 3.1M shares. A new XRP position through Grayscale XRP Trust held 712,319 shares, valued at around $18M on March 31. Solana [...] The post Intesa Sanpaolo Doubles Crypto Holdings to $235 Million in Q1 2026 With New ETH and XRP Positions appeared first on Blockonomi.

news.bitcoin.com Arthur Hayes Tells CME and ICE Off as HYPE Drops Nearly 9% After Lobbying Push

Legacy exchange operators CME Group and ICE are reportedly lobbying U.S. authorities to force federal oversight onto Hyperliquid. The crypto community and the Hyperliquid Policy Center fiercely rejected the claims, arguing that public blockchain ledgers offer total transparency. Legacy Exchanges Raise National Security Alarms In what is shaping up to be a clash between traditional […]

blockonomi.com BNB Chain Targets 20,000 TPS as Stablecoins, RWAs, and AI Agents Drive 2026 Strategy

TLDR: BNB Chain processes around 40% of all global stablecoin transactions, with millions of monthly active users. Over 179,000 AI agents currently use BNB Chain as a financial layer, a major share of all onchain agents. The network holds roughly $4 billion in RWA assets and supports approximately 60,000 RWA holders onchain. BNB Chain plans [...] The post BNB Chain Targets 20,000 TPS as Stablecoins, RWAs, and AI Agents Drive 2026 Strategy appeared first on Blockonomi.

blockonomi.com Caesars vs DraftKings: Why Some Players Are Exploring ZunaBet

Caesars and DraftKings are two of the most recognised names in regulated US online gambling. Between them they cover sports betting, online casino, and loyalty programs that tap into decades of brand equity. For millions of American players they represent the default choice. But in 2026 a growing segment of players — particularly those operating [...] The post Caesars vs DraftKings: Why Some Players Are Exploring ZunaBet appeared first on Blockonomi.

bitcoinist.com Crypto Crime Crackdown Escalates As Myanmar Targets Scammers With Execution

Americans lost more than $11 billion to crypto-related fraud last year, according to an FBI report released in April — and the pressure on governments across Southeast Asia to crack down has only grown since then. A Deadly Business Myanmar’s military government has now responded with one of the harshest proposed laws of its kind […]

news.bitcoin.com Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push

Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean banks are moving deeper into digital assets. Kakao Sells $670M Dunamu Stake to Hana Bank Hana Bank has agreed to acquire a significant stake in […]