Bitcoin Price Outlook Turns Cautious as Resistance Builds Near $78,400
Bitcoin trades between $76,900 to $77,465 on May 18, 2026, at 9:40 a.m. ET as traders assess mixed technical signals across multiple timeframes. While broader trend structure remains constructive above major support zones, short-term momentum indicators continue to reflect a cautious tone amid resistance near the $78,400 area. Bitcoin Chart Outlook On the 1-hour chart, […]
Saylor's Strategy Buys $2 Billion of Bitcoin in One Week
MicroStrategy has completed a massive purchase of $2.01 billion worth of Bitcoin, marking one of its biggest Bitcoin purchases in recent weeks.
Bank of England and FCA unveil joint framework to accelerate tokenization across wholesale markets
The joint framework could enhance market efficiency and competitiveness, fostering innovation and potentially reshaping global financial systems. The post Bank of England and FCA unveil joint framework to accelerate tokenization across wholesale markets appeared first on Crypto Briefing.
Bitcoin Depot stock crashes 71% premarket after Chapter 11 filing
Bitcoin Depot files for Chapter 11 in Texas, plans asset sale and wind-down as regulatory pressure forces shutdown of its Bitcoin ATM network.
UK proposes near-24/7 settlement to prepare markets for tokenization
The FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability.
Hyperliquid eyes 55% price rise after Silicon Valley investor's 'massive HYPE buy'
A bullish long-term chart pattern puts HYPE on track for a potential rally above $70 this year, with a16z-linked accumulation and fresh institutional catalysts strengthening the case.
Chinese Tech Giants Poised for the Third Internet Era
Over 600 million Chinese residents have already used some form of AI application. The pace of integrating this technology into daily life is remarkable, writes The Economist. "The country is rapidly moving towards a future where artificial intelligence will select, purchase, and deliver many goods and services, fundamentally transforming the digital economy," the article states. The publication noted that to have coffee delivered to an office in Shanghai, one only needs to ask an app to choose the drink and confirm the order—it will be dispatched immediately. However, outsourcing such decisions carries risks. A journalist from The Economist, upon requesting a "special" coffee, received a drink with a vinegar taste and rose petals. The Third Internet Era Chinese internet users have experienced two eras of internet development: since the early 2000s, most used the Baidu search engine; after Google's departure at the end of the decade, Baidu became a monopoly and began aggressively monetizing services, leading to user dissatisfaction. With the spread of smartphones, they turned to super-apps—applications combining shopping, entertainment, communication, and payments. As a result, major tech companies like Alibaba, ByteDance, and Tencent have extensive portfolios of digital services and logistics networks, which can be used to develop autonomous solutions for various user tasks. Any of these tech giants could become a leader in the new era of China's internet. The chaotic AI race has already begun, writes The Economist. On May 11, Alibaba fully integrated its chatbot Qwen into the Taobao shopping app. This allows users to purchase a wide range of goods and services with simple commands. ByteDance is preparing for a similar release—merging Doubao with Douyin. Tencent has become the "dark horse" in this race. Its investments in AI models were initially modest, but over the past six months, it has completely restructured its AI team. The firm's new model—Hy3—is in the testing phase and shows promising results. Tencent is gradually integrating it into WeChat. AI Super-Apps AI-based super-apps could become an attractive source of growth during a period of low consumer spending in China. The adjusted operating profit of Alibaba's Chinese e-commerce division in the first quarter of 2026 fell by 40% compared to the same period last year. The company's cloud business is thriving, but this growth requires massive capital investment. Chinese tech giants claim their AI super-apps do not promote advertised products. However, they may need to change this policy, The Economist notes. An Element of Protection Chinese firms may fear the emergence of AI-based devices with built-in operating system agent functions that could displace super-apps. OpenAI is working on such a gadget. The new product can fully understand the user's environment and life. It is unobtrusive, can fit in a pocket or on a table, and "will become the third main device after the MacBook Pro and iPhone." ByteDance attempted a similar release in December, launching a smartphone with a pre-installed AI assistant in collaboration with electronics manufacturer ZTE. The project failed, partly because Alibaba and Tencent blocked its access to their payment platforms. In March, Xiaomi announced the release of new AI models to be integrated into smartphones and cars. Huawei may also join this battle. As China's internet enters a new era, it faces fierce competition for dominance, The Economist concluded. In August 2025, China outlined its national AI integration goals.
Strategy Amasses 4% of Bitcoin Supply
Strategy has acquired 24,869 BTC for $2.01 billion. According to a report filed with the SEC, the transactions occurred between May 11 and May 17 at an average price of $80,985. Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC https://t.co/y1zvePEuym— Michael Saylor (@saylor) May 18, 2026 The firm holds 843,738 BTC valued at approximately $65.3 billion—over 4% of the total supply of the leading cryptocurrency. The average purchase price over time was $75,700. The company's "paper" profit has reached $1.4 billion. To finance the purchases, Strategy sold common shares of MSTR for $83.7 million and preferred shares of STRC for $1.95 billion. The company retains limits for further securities sales under existing programs. On May 14, Strategy agreed to repurchase zero-coupon convertible bonds maturing in 2029. The nominal value is $1.5 billion, with a buyback price of approximately $1.38 billion. Among potential funding sources, the company mentioned selling the leading cryptocurrency—contradicting the previously stated "pure accumulation" policy by Michael Saylor. Analysts at K33 noted that high demand for STRC creates regular buying pressure for bitcoin in the middle of each month. The company itself proposed paying dividends on these shares twice a month instead of once to enhance liquidity. AI Research Analyst Willy Woo published the results of an audit of STRC conducted using two AI models—Grok and Gemini Pro: he asked the neural networks to assess the risks of the yield instrument. I ask Grok and Gemini to assess the risks investing in Strategy's $STRC yield instrument. Then I asked it to estimate a yield that would fairly compensate the investor for the risk undertaken.Both concluded 11.5% was underpaying for the risk.Grok: 17-22% APYGemini: 16% APY— Willy Woo (@willywoo) May 11, 2026 The main question was whether the current yield of 11.5% adequately compensates for the risks undertaken. Both AIs concluded that investors are significantly underpaid. According to Gemini Pro's analysis, a fair yield should be 16%. The Grok neural network was even more conservative, estimating the necessary payout range at 17-22% annually. Gemini's detailed report stated that the current rate of 11.5% is "significantly overestimated" and does not account for the lack of direct asset backing, as well as risks related to bitcoin concentration and potential liquidity loss. Grok emphasized in its summary that the instrument is effectively a "leveraged bitcoin proxy disguised as a yield instrument," and the current rate reflects market enthusiasm rather than real risk compensation. BitMine Increases Assets to $12.6 Billion BitMine Immersion Technologies has accumulated 5.28 million ETH—4.37% of the total market supply of the cryptocurrency. The platform's total assets have reached $12.6 billion. This sum includes: Ethereum worth $11.5 billion; 202 BTC; stakes in Eightco and Beast Industries valued at $283 million; $685 million in cash. BitMine maintains its lead in Ethereum reserves among public companies. In the global crypto treasury ranking, it ranks second, only behind Strategy. Approximately 4.7 million ETH has been placed in the company's own staking service, MAVAN. The current yield is 2.8% annually, bringing BitMine about $289 million per year. The company plans to increase its ETH holdings to 5%. BitMine Chairman Tom Lee linked the growth in metrics to institutional interest in blockchain and the potential adoption of the CLARITY Act in the U.S. Senate. In his view, the document will create transparent rules for the industry. Back in May, Lee stated that the company had nearly reached its goal of accumulating Ethereum and plans to slow down its purchasing pace.
Memory Chip Stocks to Watch: Micron (MU), SK Hynix, and Western Digital Lead AI Boom
AI infrastructure is driving a memory chip shortage. Explore why Micron (MU), SK Hynix, SanDisk, and Western Digital are attracting investor attention in 2026. The post Memory Chip Stocks to Watch: Micron (MU), SK Hynix, and Western Digital Lead AI Boom appeared first on Blockonomi.
S&P 500 Could Hit 9,000 by End of 2026: Evercore ISI’s Bull Case Scenario
Evercore ISI targets S&P 500 at 7,750 (bull case 9,000) for 2026, while RBC sees 7,900. AI stocks drive both forecasts with significant upside potential. The post S&P 500 Could Hit 9,000 by End of 2026: Evercore ISI’s Bull Case Scenario appeared first on Blockonomi.
Gold Markets Fluctuate Amid Middle East Tensions and Shifting Bond Yields
Gold prices fluctuate as Middle East tensions escalate with UAE drone attacks and failed peace talks, while global bond yields ease after recent selloff. The post Gold Markets Fluctuate Amid Middle East Tensions and Shifting Bond Yields appeared first on Blockonomi.
Kooc Media Introduces Specialist PR for Artificial Intelligence Companies
Kooc Media has introduced a specialist PR service built specifically for artificial intelligence companies. The agency, known for its work across the crypto, fintech, iGaming and technology sectors since 2017, is now accepting AI startups, AI SaaS providers, machine learning companies and AI tool developers as clients. Full package details are available on the Kooc [...] The post Kooc Media Introduces Specialist PR for Artificial Intelligence Companies appeared first on Blockonomi.
Bitmine Buys 71,672 ETH in One Week as Tom Lee Targets 5% of Ethereum Supply
Bitmine Immersion Technologies now holds 5.28 million ethereum tokens worth more than $11.5 billion, putting the company within reach of controlling 5% of the entire ETH supply. Tom Lee Says Bitmine Will Hit 5% of ETH Supply Sometime in 2026 The Norwalk, Conn.-based company reported the figures as of May 18, 2026, disclosing total crypto, […]
Yardeni Research sees peak Treasury yields creating buying opportunity for stocks and bonds
Peak Treasury yields may signal a strategic entry point, potentially stabilizing markets and offering attractive returns for diversified portfolios. The post Yardeni Research sees peak Treasury yields creating buying opportunity for stocks and bonds appeared first on Crypto Briefing.
Goldman Sachs dumps XRP and Solana ETFs entirely, doubles down on Bitcoin
Goldman's shift highlights a growing institutional preference for Bitcoin over altcoins, potentially reshaping crypto investment dynamics. The post Goldman Sachs dumps XRP and Solana ETFs entirely, doubles down on Bitcoin appeared first on Crypto Briefing.
Nobitex processed $2.3B on Tron and BNB Chain since 2023, Reuters investigation finds
The use of blockchain by sanctioned entities highlights the challenges of enforcing financial regulations in decentralized systems. The post Nobitex processed $2.3B on Tron and BNB Chain since 2023, Reuters investigation finds appeared first on Crypto Briefing.
Meta Platforms (META) Eliminates 8,000 Positions Amid $145B AI Investment Push
Meta (META) stock slips as company announces 8,000 job cuts and cancels 6,000 open roles, while increasing 2026 AI capital expenditure to $145 billion. The post Meta Platforms (META) Eliminates 8,000 Positions Amid $145B AI Investment Push appeared first on Blockonomi.
Publicis Acquires LiveRamp (RAMP) for $2.55B in Major AI Data Integration Move
LiveRamp (RAMP) stock jumped 27% after Publicis announced a $2.55B acquisition at $38.50/share, targeting AI agent data capabilities with a 30% premium. The post Publicis Acquires LiveRamp (RAMP) for $2.55B in Major AI Data Integration Move appeared first on Blockonomi.
Microsoft (MSFT) Stock Down 30% From Peak: Why Bulls See $600 Ahead
Microsoft (MSFT) trades at $421, down 30% from highs. Q3 earnings crushed estimates, and analysts project significant upside. Here's the bull case. The post Microsoft (MSFT) Stock Down 30% From Peak: Why Bulls See $600 Ahead appeared first on Blockonomi.
Bitmine (BMNR) Stock Declines 4.10% Despite Massive $12.6B Ethereum Treasury
Bitmine (BMNR) stock dropped 4.10% Monday as investors focused on its 5.28M ETH treasury, NYSE uplisting, and $10.3B staked Ethereum position. The post Bitmine (BMNR) Stock Declines 4.10% Despite Massive $12.6B Ethereum Treasury appeared first on Blockonomi.
Hyperliquid whales sit on $4.039b in near‑perfectly balanced long–short book
Hyperliquid whales now hold $4.039b in open interest with a near‑neutral long–short split, and both sides sitting on millions in unrealized losses after choppy price action. Whale traders on decentralized derivatives platform Hyperliquid (HYPE) currently hold a combined $4.039 billion…
Justin Sun moves 41.99m Spark to HTX in fresh suspected sell-off
Justin Sun moved 41.99m Spark worth $1.23m from Spark to HTX, adding to roughly 610m SPK in exchange-bound flows since 2025 and renewing sell-pressure and governance worries. Justin Sun has resumed large Spark (SPK) withdrawals from Spark, moving 41.99 million…
Bet365 vs 888casino: Established Leaders and the Growth of ZunaBet
The online gambling industry has long been shaped by a handful of major operators. Bet365 and 888casino sit near the top of that list. Both have spent years building their reputations, expanding their game libraries, and attracting millions of players worldwide. But the market is shifting. A new wave of crypto-focused platforms is emerging, and [...] The post Bet365 vs 888casino: Established Leaders and the Growth of ZunaBet appeared first on Blockonomi.
Vitalik says AI‑assisted formal verification could be ‘final form’ of software development
Vitalik Buterin says AI‑assisted formal verification could be the “final form” of software, letting Ethereum ship ultra‑optimized code with machine‑checked proofs of correctness. Ethereum (ETH) co‑founder Vitalik Buterin has said that combining artificial intelligence with formal verification could become the…
AEON raises $8m to wire AI agents into 50m real-world merchants
AEON raised $8m led by YZi Labs to build an AI-native settlement layer, using its x402 protocol on BNB Chain to let agents pay 50m+ merchants via on-chain receipts. AEON has completed an $8 million pre-seed funding round to build…
HIVE Digital (HIVE) Stock Rockets 40% on C$3.5B AI Gigafactory Announcement in Toronto
HIVE Digital (HIVE) stock jumped 40% after announcing a C$3.5B AI gigafactory in Toronto. The facility will support 320 MW capacity and 100,000+ GPUs. The post HIVE Digital (HIVE) Stock Rockets 40% on C$3.5B AI Gigafactory Announcement in Toronto appeared first on Blockonomi.
Salesforce (CRM) Stock Tumbles 25% as Bank of America Warns on AI Revenue Model
Salesforce (CRM) stock falls near 52-week low as BofA warns of AI monetization issues, limited growth, and weak customer additions despite strong Q4 results. The post Salesforce (CRM) Stock Tumbles 25% as Bank of America Warns on AI Revenue Model appeared first on Blockonomi.
Ethereum treasury Bitmine adds 71,672 ETH as stash hits 5.28M
Bitmine added 71,672 Ethereum in one week, lifting holdings to 5.28M ETH, or 4.37% of supply, with $12.6B in crypto and cash.
Tether backs LemFi to push USDT remittances into Africa and Asia
Tether’s undisclosed LemFi investment wires USDT into African and Asian remittance corridors, swapping slow SWIFT transfers for near‑instant, low‑fee stablecoin settlement. Tether has announced a strategic investment in LemFi, a UK‑headquartered cross‑border financial platform used by African and Asian diaspora…
Goldman Sachs exits XRP and Solana ETFs, raises Bitcoin call options stake
Goldman's shift towards Bitcoin and regulated blockchain firms highlights a trend of institutional preference for more stable crypto investments. The post Goldman Sachs exits XRP and Solana ETFs, raises Bitcoin call options stake appeared first on Crypto Briefing.
Australia orders China-linked investors to divest Northern Minerals stake
Australia's move to limit Chinese influence in critical minerals highlights growing geopolitical tensions and the strategic importance of resource independence. The post Australia orders China-linked investors to divest Northern Minerals stake appeared first on Crypto Briefing.
$637 Million in Bitcoin: SpaceX Emerges as Major Corporate BTC Holder
Elon Musk's SpaceX’s Bitcoin bag revealed amid growing corporate BTC interest.
Hims & Hers (HIMS) Stock Tumbles 7% Following $300M Convertible Notes Announcement
Hims & Hers (HIMS) stock tumbled 7% Monday after the company disclosed a $300M convertible notes offering to finance international growth and acquisitions. The post Hims & Hers (HIMS) Stock Tumbles 7% Following $300M Convertible Notes Announcement appeared first on Blockonomi.
Lam Research (LRCX) Stock: Morgan Stanley’s Bold Upgrade Signals Major NAND Recovery Ahead
Morgan Stanley upgrades Lam Research (LRCX) stock to Overweight with $331 price target, citing 59% NAND growth forecast for 2027. Analysis inside. The post Lam Research (LRCX) Stock: Morgan Stanley’s Bold Upgrade Signals Major NAND Recovery Ahead appeared first on Blockonomi.
Citi Analysts Identify Buying Opportunities in Aerospace and Defense Sector After Steep Decline
Citi analysts see buying opportunities in aerospace and defense stocks after sharp selloff, raising targets on Boeing, Howmet, and upgrading views on Lockheed. The post Citi Analysts Identify Buying Opportunities in Aerospace and Defense Sector After Steep Decline appeared first on Blockonomi.
CoinEx’s crypto savings push in the age of falling DeFi yields
DeFi yields on blue-chip stablecoins now trail bank cash and tokenized Treasuries, forcing CoinEx to pitch Flexible Savings as a liquidity tool, not a rate stunt. CoinEx’s pitch for crypto-denominated savings now lands in a market where, for the first…
Bitcoin Price Outlook Turns Cautious as Resistance Builds Near $78,400
Bitcoin trades between $76,900 to $77,465 on May 18, 2026, at 9:40 a.m. ET as traders assess mixed technical signals across multiple timeframes. While broader trend structure remains constructive above major support zones, short-term momentum indicators continue to reflect a cautious tone amid resistance near the $78,400 area. Bitcoin Chart Outlook On the 1-hour chart, […]
Standard Chartered to absorb Zodia Custody’s core business, spin out Zodia Solutions
Standard Chartered will absorb Zodia Custody’s regulated crypto business and spin out Zodia Solutions, as big banks move to own core digital asset custody in-house.
Saylor’s Strategy scoops $2B Bitcoin, holdings reach 843,738 BTC
Michael Saylor’s Strategy bought 24,869 Bitcoin for $2.01 billion last week, lifting holdings to 843,738 BTC as STRC sales funded around 97% of the acquisition.
Deploi Launches Direct Issuance Infrastructure for Private Credit on Polygon, Secures ISIN Allocations from Nasdaq CSD
EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026.
Crypto ETPs snap six-week streak with $1.07B outflow: CoinShares
Crypto ETPs lost $1.07B last week as Bitcoin shed $982M and Ethereum lost $249M, while XRP and Solana still drew inflows.
Web3 PR faces ‘press-release blindness’ as AI floods crypto media
Formula by Cointelegraph PR head Katerina Zemskova says AI-fueled content saturation has pushed Web3 projects to ditch rigid retainers and build founder-led, macro-aware narratives instead of generic press blitzes. The Web3 public relations industry is sliding into what Formula by…
Did The Cardano Founder Help To Derail XRP’s Growth? Ripple Community Draws Out Hoskinson
A member of the Ripple community has called out Cardano founder Charles Hoskinson for helping derail XRP’s growth through the ETHgate saga. In response, Hoskinson has defended himself, arguing that it is impossible he was involved in the XRP lawsuit. Cardano Founder Accused Of Derailing XRP’s Growth In an X post, Ripple community member Wino […]
Ryanair CEO warns European airlines face risks from Iran conflict
European airlines may face operational and financial challenges due to heightened geopolitical tensions affecting regional logistics and airspace. The post Ryanair CEO warns European airlines face risks from Iran conflict appeared first on Crypto Briefing.
No, XRP Ledger Foundation Not Airdropping Ripple USD, It's Scam
The XRPL developers have confirmed that widespread social media offers of a Ripple USD (RLUSD) airdrop are a coordinated phishing scam.
Iran Launches Bitcoin-Powered Ship Insurance Platform to Bypass SWIFT
The Iranian authorities have launched the digital platform Hormuz Safe for insuring ships in the Persian Gulf and the Strait of Hormuz. The service accepts payment in Bitcoin and other cryptocurrencies, reports Fars News Agency. The project is overseen by the country's Ministry of Economy. The main aim of the platform is to circumvent the SWIFT system and Western intermediaries amid sanctions. The insurance covers risks of inspection, detention, and confiscation of ships. According to Fars, Iranian authorities expect to earn over $10 billion if the platform succeeds. Previously, industry representatives discussed collecting transit fees from tankers in Bitcoin or yuan. Such payments could reach $2 million per vessel, depending on the cargo volume. Hormuz Safe promises shipping companies quick verification and settlements "at blockchain speed." However, the platform lacks international recognition, and its use risks secondary sanctions from the United States. Amid this backdrop, Bitcoin's price adjusted below $77,000. At the time of writing, the digital gold is trading at $76,854 (-1.9% for the day). Hourly chart of BTC/USDT on Binance. Source: TradingView. In April, analysts at QCP stated that the resumption of shipping through the Strait of Hormuz does not guarantee the lifting of supply restrictions or a reduction in inflationary pressure due to rising oil prices.
Bitcoin Depot to Close Network of 9,000 Crypto ATMs
The cryptocurrency ATM operator Bitcoin Depot has filed for bankruptcy in Texas. The company plans to cease operations entirely and liquidate its assets. CEO Alex Holmes attributed the decision to regulatory pressure. He noted that states have tightened compliance requirements, imposed transaction limits, and in some regions, completely banned the operation of crypto ATMs. The Bitcoin Depot network has already been shut down. The liquidation will affect divisions in the US and other countries, including Canada. The company's troubles intensified in March after its license was revoked in Connecticut. At that time, Bitcoin Depot underwent a leadership change, and its revenue forecast dropped by 40%. In April, the operator's systems were hacked, resulting in a $3.7 million theft. According to a preliminary report, Bitcoin Depot's revenue for the first quarter nearly halved. The net loss amounted to $9.5 million compared to a profit of $12.2 million the previous year. The company cited the inability to operate under new restrictions as the main reason for its financial difficulties. Founded in 2016, Bitcoin Depot's network once boasted over 9,000 devices, making it the largest crypto ATM operator in North America. Over the past six months, the company's shares on Nasdaq have plummeted by 94.06%. Source: Google Finance. In November 2025, the bitcoin ATM operator Crypto Dispensers announced the sale of its business for $100 million. The reason was the criminal prosecution of the company's CEO.
The $125 Million DeFi Inflow: Galaxy and Sharplink Partner to Revive Protocol Liquidity
Mike Novogratz’s Galaxy Digital has partnered with Ethereum treasury firm Sharplink to launch a $125 million private DeFi fund.
Ondas (ONDS) Stock Climbs After Announcing Acquisition of Israeli AI Defense Firm Omnisys
Ondas (ONDS) stock climbed 1.5% premarket after announcing the acquisition of Omnisys, an Israeli AI defense software firm with 25 years of proven results. The post Ondas (ONDS) Stock Climbs After Announcing Acquisition of Israeli AI Defense Firm Omnisys appeared first on Blockonomi.
VALR, Africa’s Leading Digital Asset Infrastructure Provider, Eyes Kenya for Expansion
[PRESS RELEASE – Johannesburg, South Africa, May 18th, 2026] VALR, Africa’s leading digital asset infrastructure provider, served as diamond sponsor of the Kenya Blockchain & Crypto Conference held in Nairobi on 14 and 15 May 2026. Peter Mwangi, VALR’s newly appointed Country Manager for Kenya, delivered a keynote address in which he outlined his vision […]
Philippines joins Pax Silica to advance 4,000-acre AI hub plan
The Philippines' AI hub plan could reshape regional tech dynamics, influencing global supply chains and deepening US-Philippines ties. The post Philippines joins Pax Silica to advance 4,000-acre AI hub plan appeared first on Crypto Briefing.
IEA warns commercial oil inventories are falling at an unprecedented pace
The rapid depletion of oil inventories could lead to sustained price hikes, impacting global economies and increasing geopolitical tensions. The post IEA warns commercial oil inventories are falling at an unprecedented pace appeared first on Crypto Briefing.
China’s economy slows as consumption and output disappoint in April
China's economic slowdown could dampen global commodity demand, influence inflation expectations, and prompt potential stimulus measures. The post China’s economy slows as consumption and output disappoint in April appeared first on Crypto Briefing.
Bitcoin (BTC) Recovery Unlikely Until Toxic Supply Is Absorbed: Data
Bitcoin's brutal sell-off may continue as panic spreads from long-term holders to short-term traders across markets.
Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy
Bitcoin Magazine Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy Bitcoin Depot (NASDAQ: BTM), once the largest Bitcoin ATM operator in North America, filed for voluntary Chapter 11 bankruptcy protection on Monday in the U.S. Bankruptcy Court for the Southern District of Texas. The Atlanta-based fintech company said it intends to wind down all operations and pursue a sale of its assets — marking one […] This post Bitcoin Depot (BTM) Stock Falls 80% As Company Files for Chapter 11 Bankruptcy first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
South Korea’s FSC Scrutinizes Hana Bank’s $700M Investment in Upbit Owner Dunamu
Korea's FSC reviews Hana Bank's $700M Dunamu stake purchase, testing bank-commerce rules as financial institutions seek crypto exchange exposure. The post South Korea’s FSC Scrutinizes Hana Bank’s $700M Investment in Upbit Owner Dunamu appeared first on Blockonomi.
Ford (F) Stock Surges 7% on EDF Energy Partnership and European Expansion Plans
Ford (F) stock jumps 6.9% premarket on EDF battery deal and seven new European vehicles. Ford Pro subscriptions grow 30% as software business expands. The post Ford (F) Stock Surges 7% on EDF Energy Partnership and European Expansion Plans appeared first on Blockonomi.
Standard Chartered turns Zodia into 2 crypto custody plays
Standard Chartered will absorb Zodia Custody’s regulated business and spin out Zodia Solutions as banks build crypto custody in-house.
Kevin Warsh confirmed as Federal Reserve Chair, Powell exit priced by 2026
Warsh's leadership may signal a shift towards Fed independence and gradual policy changes, impacting market expectations and monetary strategy. The post Kevin Warsh confirmed as Federal Reserve Chair, Powell exit priced by 2026 appeared first on Crypto Briefing.
Israeli military actions in Lebanon persist despite ceasefire extension
The ongoing conflict strains Israel-Lebanon relations, hindering diplomatic efforts and reducing the likelihood of Israeli withdrawal. The post Israeli military actions in Lebanon persist despite ceasefire extension appeared first on Crypto Briefing.
Shiba Inu (SHIB) Sees Billions of Tokens Injected to Exchanges: Crypto Market Liquidations Hits Memecoins
Shiba Inu's metrics show an increasing volatility, but unfortunately it's not going in the direction you'd expect.
DraftKings, Meta, Andreessen Horowitz spend millions on state elections
State-level political spending by tech giants could reshape regulatory landscapes, influencing national policies through local elections. The post DraftKings, Meta, Andreessen Horowitz spend millions on state elections appeared first on Crypto Briefing.
Iran war costs global companies $25B and rising as oil tops $100 per barrel
The conflict's economic strain on global firms highlights vulnerabilities in supply chains and energy dependence, prompting strategic reassessments. The post Iran war costs global companies $25B and rising as oil tops $100 per barrel appeared first on Crypto Briefing.
South Korea stablecoin race heats up as KB tests offline payments
KB Financial completed a won stablecoin pilot for offline QR payments and Vietnam remittances, cutting fees 87% as Korea crypto rules wait.
Iran Launches Bitcoin-Backed Insurance Service for Strait of Hormuz Shipping, Eyes $10B In Revenue
Bitcoin Magazine Iran Launches Bitcoin-Backed Insurance Service for Strait of Hormuz Shipping, Eyes $10B In Revenue Iran has reportedly launched “Hormuz Safe,” a bitcoin-settled maritime insurance platform aimed at cargo owners and shipping firms operating through the Strait of Hormuz and the Persian Gulf. This post Iran Launches Bitcoin-Backed Insurance Service for Strait of Hormuz Shipping, Eyes $10B In Revenue first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Strategy (MSTR) Stock Slides as Saylor Acquires Another $2B in Bitcoin
Strategy (MSTR) adds 24,869 BTC for $2B, pushing holdings to 843,738 coins. Stock drops 2.5% as company funds purchase via STRC preferred shares. The post Strategy (MSTR) Stock Slides as Saylor Acquires Another $2B in Bitcoin appeared first on Blockonomi.
Iran launches ‘Hormuz Safe’ Bitcoin insurance platform for Strait of Hormuz shipping
Iran’s Hormuz Safe offers Bitcoin-settled insurance for Hormuz shipping, aiming for $10B revenue while testing US sanctions limits and spooking regulators and shippers. Iran’s Ministry of Economy has launched a Bitcoin (BTC) settled maritime insurance platform called “Hormuz Safe,” targeting…
South Korea's KB Financial completes stablecoin pilot for offline payments
The parent company of South Korea’s largest bank completed a stablecoin payment pilot ahead of the country's proposed digital asset framework.
UK Financial Regulators Launch Tokenization Consultation With July 2026 Deadline
FCA and Bank of England launch consultation on UK tokenization rules for wholesale markets, with July 2026 deadline for industry feedback on securities framework. The post UK Financial Regulators Launch Tokenization Consultation With July 2026 Deadline appeared first on Blockonomi.
AI is no longer just an equity story, Apollo warns it’s a bond one
Apollo chief economist Torsten Slok says AI is now driving nearly half of all investment‑grade issuance and most VC funding, turning the AI boom into a full credit market cycle. Artificial intelligence has moved well beyond the stock market. According…
Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale
Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced on May 18 that it initiated […]
XRPL Flips Ethereum in RWA Inflows
XRP Ledger begins to move past Ethereum in the fast-growing world of tokenization, surpassing a massive $1.5 billion in net flows while Ethereum stays in the red.
Intel (INTC) Stock Surges as Trump Expresses Regret Over 10% Stake Request
Intel (INTC) stock rises after Trump says he regrets not asking for more than 10% stake. Earnings beat estimates, but analysts remain cautious on valuation. The post Intel (INTC) Stock Surges as Trump Expresses Regret Over 10% Stake Request appeared first on Blockonomi.
Goldman Sachs Sounds Alarm on Tech-Heavy Market Rally Driven by AI Stocks
Goldman Sachs warns the 2025 market rally is heavily concentrated in AI stocks like Nvidia, with tech driving 85% of S&P 500 gains and limited upside ahead. The post Goldman Sachs Sounds Alarm on Tech-Heavy Market Rally Driven by AI Stocks appeared first on Blockonomi.
VC warns PwC, Accenture: deploying OpenAI, Anthropic is ‘letting the fox in the hen house’
Chamath Palihapitiya says consulting giants are helping OpenAI and Anthropic build the firms that may replace them. Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name…
Stock Futures Tumble as Crude Oil Surges Past $110 Amid Escalating Iran Crisis
Stock futures decline as oil hits $110 and Iran tensions boost Fed rate hike odds to 54%. Nvidia (NVDA) earnings Wednesday could shift sentiment. The post Stock Futures Tumble as Crude Oil Surges Past $110 Amid Escalating Iran Crisis appeared first on Blockonomi.
Tesla (TSLA) Stock Dips as CFO Taneja Offloads Shares Worth $1.35M
Tesla (TSLA) stock drops in premarket after CFO sells 3,000 shares for tax obligations. Insider sales reach $30.9M in three months with no purchases. The post Tesla (TSLA) Stock Dips as CFO Taneja Offloads Shares Worth $1.35M appeared first on Blockonomi.
NextNRG (NXXT) Stock Rockets Nearly 92% on Strong Q1 Earnings Performance
NextNRG (NXXT) stock jumped 92% in premarket trading after Q1 revenue reached $21.1M, surpassing estimates as margins improved and losses narrowed significantly. The post NextNRG (NXXT) Stock Rockets Nearly 92% on Strong Q1 Earnings Performance appeared first on Blockonomi.
Altcoin season signal returns as business cycle turns risk-on: Analyst
Altcoin rotation hopes rise as Van de Poppe links business-cycle signals, copper-gold strength and Clarity Act progress to crypto recovery.
Iran proposes long truce, Hormuz reopening in US nuclear talks
Iran's proposal could ease geopolitical tensions, potentially stabilizing oil markets and fostering diplomatic progress in the region. The post Iran proposes long truce, Hormuz reopening in US nuclear talks appeared first on Crypto Briefing.
Iran proposes truce, Strait of Hormuz reopening amid nuclear talks
Iran's truce proposal may ease regional tensions, potentially stabilizing global oil markets and fostering diplomatic progress with the US. The post Iran proposes truce, Strait of Hormuz reopening amid nuclear talks appeared first on Crypto Briefing.
Goldman Sachs Liquidates $154 Million XRP Position via ETF, Pivots to Hyperliquid Treasury
Fresh SEC 13F filing reveals Goldman Sachs completely exited its $154 million spot XRP ETF position, shifting capital to Hyperliquid (PURR) equities.
Strategy (MSTR) Spends A Massive $2 Billion on More Bitcoin, Lifts Holdings to 843,738 BTC
Bitcoin Magazine Strategy (MSTR) Spends A Massive $2 Billion on More Bitcoin, Lifts Holdings to 843,738 BTC Strategy said Monday it acquired an additional 24,869 bitcoin for approximately $2.01 billion. This post Strategy (MSTR) Spends A Massive $2 Billion on More Bitcoin, Lifts Holdings to 843,738 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Depot (BTCD) Collapses: America’s Top Crypto ATM Network Files Chapter 11 Bankruptcy
Bitcoin Depot (BTCD) filed Chapter 11 bankruptcy, closing 9,276 Bitcoin ATMs after revenue dropped 49% and regulators targeted crypto ATM fraud totaling $389M. The post Bitcoin Depot (BTCD) Collapses: America’s Top Crypto ATM Network Files Chapter 11 Bankruptcy appeared first on Blockonomi.
Major Stock Moves Monday: Dominion Energy (D) Soars on Acquisition Rumors, Bitcoin Depot (BTM) Collapses
Dominion Energy (D) surges on acquisition talks, LiveRamp (RAMP) jumps on $2.5B deal, Bitcoin Depot (BTM) crashes 63% after bankruptcy filing. The post Major Stock Moves Monday: Dominion Energy (D) Soars on Acquisition Rumors, Bitcoin Depot (BTM) Collapses appeared first on Blockonomi.
Iran Reportedly Launches Bitcoin-Based Shipping Insurance for Hormuz Passage
Will BTC's price react the same way it did last time such reports went live?
Strategy Grabs 24,869 BTC for $2.01B, Now Holds 843,738 Bitcoin Total
Strategy added 24,869 bitcoin to its treasury for approximately $2.01 billion, pushing its total holdings to 843,738 BTC as the company also moves to retire $1.5 billion in convertible debt. Strategy Crosses 843K BTC After $2 Billion Purchase and Convertible Note Buyback Michael Saylor announced the purchase on May 18, 2026, via X, noting an […]
Aletheia raises Nvidia price target to $270 ahead of earnings
Nvidia's rising price targets highlight the intense competition and uncertainty in AI infrastructure investment, impacting future market dynamics. The post Aletheia raises Nvidia price target to $270 ahead of earnings appeared first on Crypto Briefing.
Israel reportedly built two covert military bases in Iraq ahead of Iran conflict
The covert bases in Iraq could escalate regional tensions, complicate Iraq's sovereignty, and impact future Middle Eastern alliances. The post Israel reportedly built two covert military bases in Iraq ahead of Iran conflict appeared first on Crypto Briefing.
Russian drone strikes Chinese ship near Odessa days before Putin meets Xi Jinping
The incident risks straining Russia-China ties, potentially impacting sanctions evasion networks and increasing regulatory scrutiny on crypto. The post Russian drone strikes Chinese ship near Odessa days before Putin meets Xi Jinping appeared first on Crypto Briefing.
Micron (MU) Stock Climbs 2.5% as Samsung Labor Dispute Threatens Global Memory Chip Supply
Micron (MU) stock jumped 2.49% premarket Monday amid Samsung strike threats and a Bank of America price target hike to $950 on tight memory supply. The post Micron (MU) Stock Climbs 2.5% as Samsung Labor Dispute Threatens Global Memory Chip Supply appeared first on Blockonomi.
XRP’s return to $2 signals bullish momentum; XRP holders flock to SHRMiner cloud mining to explore passive income opportunities of $13,700
XRP consolidates near $1.45 as CLARITY Act optimism rises and SHRMiner cloud mining gains attention. This week, after forming several bullish reversal patterns on the weekly chart, the price of XRP continued to consolidate near a key breakout zone; meanwhile,…
Saylor’s Strategy adds 24,869 BTC as Bitcoin falls below $77K
Strategy bought 24,869 BTC for $2.01B, lifting holdings to 843,738 BTC as Bitcoin fell below $77K and ETF outflows rose.
Former Ripple CTO Schwartz Sends XRP To John Deaton Senate Campaign
Former Ripple CTO David Schwartz has sent an undisclosed amount of XRP to John Deaton’s US Senate campaign, giving Deaton’s latest fundraising push a direct signal of support from one of the XRP community’s most recognizable figures. Schwartz Donates XRP To Deaton Senate Bid The exchange played out publicly on X after Deaton appealed for […]
Baidu (BIDU) Stock Climbs 3% as AI Cloud Division Crosses Historic Revenue Threshold
Baidu (BIDU) stock climbed 3% premarket as Q1 AI cloud revenue surged 49%, marking a historic milestone even as net profit tumbled 55% year-over-year. The post Baidu (BIDU) Stock Climbs 3% as AI Cloud Division Crosses Historic Revenue Threshold appeared first on Blockonomi.
Regeneron (REGN) Stock Plummets 11% Following Late-Stage Melanoma Trial Disappointment
Regeneron (REGN) stock falls 11% after fianlimab melanoma drug fails Phase 3 trial vs Keytruda. Analysts slash targets amid mounting pipeline concerns. The post Regeneron (REGN) Stock Plummets 11% Following Late-Stage Melanoma Trial Disappointment appeared first on Blockonomi.
EchoStar (SATS) Stock Surges on SpaceX IPO Speculation and $40B FCC Spectrum Deal
EchoStar (SATS) stock surges near 12-month highs on SpaceX IPO buzz, $40B spectrum deal, and S&P 500 inclusion despite mixed Q1 earnings performance. The post EchoStar (SATS) Stock Surges on SpaceX IPO Speculation and $40B FCC Spectrum Deal appeared first on Blockonomi.
Compass Pathways (CMPS) Stock Rockets 30% on FDA Rolling Review and Priority Voucher
Compass Pathways (CMPS) stock jumped 30% pre-market after Q1 earnings beat, FDA rolling NDA review approval, and Commissioner's Priority Voucher for COMP360. The post Compass Pathways (CMPS) Stock Rockets 30% on FDA Rolling Review and Priority Voucher appeared first on Blockonomi.
Standard Chartered plans to acquire Zodia Custody’s crypto business
Standard Chartered's acquisition of Zodia Custody's crypto business strengthens its position in the competitive digital-asset custody market. The post Standard Chartered plans to acquire Zodia Custody’s crypto business appeared first on Crypto Briefing.
Nvidia’s Rubin platform to drive AI server growth in second half of 2026
Nvidia's Rubin platform could reshape AI infrastructure, intensifying competition and impacting global tech supply chains and market dynamics. The post Nvidia’s Rubin platform to drive AI server growth in second half of 2026 appeared first on Crypto Briefing.
Best AI Crypto Trading Bots & Platforms in 2026 (No Code, No Experience Needed)
You’ve watched the market move while you slept — and missed it. You’ve heard that hedge funds and algorithm traders are consistently on the right side of trades, not because they’re smarter, but because they have better tools. And every time you’ve looked into quantitative trading, you’ve hit a wall: intimidating dashboards, Python tutorials, or [...] The post Best AI Crypto Trading Bots & Platforms in 2026 (No Code, No Experience Needed) appeared first on Blockonomi.