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blockonomi.com Bitcoin Institutional Selling Intensifies as BTC Tests Critical $77,800 Resistance Level

TLDR: The Coinbase Premium Index has turned negative, showing institutions are selling BTC more aggressively than retail traders on Binance. Analyst Darkfost uses a volume-weighted hourly version of the index to reduce noise and track short-term institutional behavior closely. Geopolitical tension around the Strait of Hormuz is pushing institutions toward hedging strategies while awaiting macroeconomic [...] The post Bitcoin Institutional Selling Intensifies as BTC Tests Critical $77,800 Resistance Level appeared first on Blockonomi.

forklog.media Analysts Outline Conditions for Bitcoin’s Return Above $80,000

On May 21, the price of the leading cryptocurrency fell below $78,000. The market faced pressure from the ongoing outflow from bitcoin-ETFs and low demand in the spot market. Hourly chart of BTC/USDT on Binance. Source: TradingView. On May 20, the net outflow from funds amounted to $70.47 million. This negative trend has persisted for four consecutive sessions. Source: SoSoValue. The situation with Ethereum-ETFs appears worse: the net outflow reached $28.14 million, with total losses over the past nine days exceeding $500 million. Source: SoSoValue. Analysts at Bitfinex noted that the market faced a massive wave of liquidations at the start of the week. Monday was the worst day since February, with long positions worth $584 million forcibly closed. Despite the stabilization of open interest in the range of $36.6 billion-$37.8 billion, buyers have yet to show activity. According to a report by Glassnode, bitcoin is trading below the "true market average price" ($78,300). Historically, this level separates bullish and bearish trends. For growth to resume, the price must consolidate above this mark, which currently acts as resistance. Experts identified several key factors contributing to bitcoin's weakness: Decline in volumes: trading activity in the spot market has fallen by 40% compared to last year; Role reversal: U.S. investors have begun distributing coins, while Asian participants have shifted to accumulation; Profit-taking: the realized profit index has jumped to 1.8. This indicates that sellers are using any price rebound to exit positions, and current demand is insufficient to absorb this supply. Analysts identified the nearest support zone as the range of $71,400-$76,500. A drop below these levels could signal a loss of confidence among short-term investors. Pessimistic sentiment also prevails in the options market. Over the past day, more than 90% of premiums were for purchasing put options. A large cluster of orders is concentrated around $75,000—if this price is reached, the decline may accelerate due to the actions of market makers. Amid overall stagnation, bitcoin's dominance remains at 60%. Altcoins mostly follow the flagship, except for Hyperliquid and Zcash, which have shown growth contrary to the market trend. According to Bitfinex experts, a sustainable return of bitcoin above $80,000 requires an influx of new capital into ETFs or a significant short squeeze. Back on May 19, analysts at K33 predicted a bottom for digital gold at $60,000.

bitcoinist.com SpaceX Reveals $1.45B Bitcoin Stash In S-1 Filing, Surpassing Market Estimates

Blockchain analysts had it wrong — by a wide margin. When SpaceX filed its S-1 registration statement with US securities regulators ahead of its planned June 12 stock market debut, the company disclosed Bitcoin holdings that were more than double what tracking firms had estimated. Related Reading: Singapore Shuts Down Bsquared’s Crypto Payment Operations – […]

cryptopotato.com Ripple Price Analysis: Where’s XRP Going Next After Latest Rejection at the 100-Day MA?

XRP is trading at $1.37 as May draws toward its final week, having erased every gain from what briefly looked like the most promising technical setup of the corrective cycle. The breakout above the 100-day MA on the USDT chart has failed to hold, and a lower high has formed on the BTC pair. The […]

cryptopotato.com Perps and Prediction Markets Are Now Available in NOW Wallet

[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, May 21st, 2026] NOW Wallet, a non-custodial crypto wallet focused on security, multi-chain access, and seamless DeFi experience, now has direct access to perpetual futures and prediction markets built into the app. That means platforms like Hyperliquid, Aster, Lighter, GMX, and dYdX for perps trading, and […]

cryptopotato.com Ethereum Price Analysis: ETH Is Not Simply Pulling Back, It’s Breaking Down

Ethereum is trading at $2.1k, and the chart tells a story that three months of cautious optimism can no longer paper over. The ascending channel that has provided the structural backbone for every bullish argument since the February bottom is getting broken to the downside. Moreover, the US institutional bid that supported the recovery through […]

news.bitcoin.com Hyperliquid Wipes out $36.5M Shorts as HYPE Climbs Within Cents of ATH

Hyperliquid surged to a 2026 high of $59.06, placing it just cents away from its all-time high of $59.33 set in September 2025. The rally pushed its weekly gains near 50%, briefly drove its market cap past $14 billion. HYPE Approaches Record Highs Hyperliquid (HYPE) neared its all-time high Thursday morning as the token surpassed […]

bitcoinmagazine.com SpaceX Heads Into Historic IPO With a $1.45 Billion Bitcoin Treasury on Its Books

Bitcoin Magazine SpaceX Heads Into Historic IPO With a $1.45 Billion Bitcoin Treasury on Its Books SpaceX has filed for a historic IPO, revealing it holds 18,712 BTC worth about $1.45 billion, positioning it among the largest corporate Bitcoin holders as it prepares to list on Nasdaq. This post SpaceX Heads Into Historic IPO With a $1.45 Billion Bitcoin Treasury on Its Books first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinmagazine.com Foundation Raises $6.4M in Fulgur-led Round to Launch Passport Prime, a ‘Human Authority’ Device to Keep AI Agents in Check

Bitcoin Magazine Foundation Raises $6.4M in Fulgur-led Round to Launch Passport Prime, a ‘Human Authority’ Device to Keep AI Agents in Check Foundation raised $6.4 million in a Fulgur Ventures–led round to launch Passport Prime and expand from Bitcoin custody into AI-era identity, authentication, and agent authorization. This post Foundation Raises $6.4M in Fulgur-led Round to Launch Passport Prime, a ‘Human Authority’ Device to Keep AI Agents in Check first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Analysts Predict XRP Price could hit $5 as Gruntle Presale Surges Past $100k Raised

XRP’s $5 Narrative Is Back on the Table XRP is back in the spotlight as analysts revisit the idea that the token could still make a run toward $5 if the right catalysts line up. That view has picked up fresh attention after a recent Motley Fool analysis argued that real-world asset tokenization could reshape how investors [...] The post Analysts Predict XRP Price could hit $5 as Gruntle Presale Surges Past $100k Raised appeared first on Blockonomi.

bitcoinist.com Hoskinson Warns Cardano Could Lose Its ‘Science Coin’ Edge

Charles Hoskinson has urged Cardano DReps to back a research funding proposal, warning that a failure to do so could damage one of the network’s core value propositions: its identity as a research-led blockchain. Speaking in a May 21 livestream from England, Hoskinson said Cardano is in “treasury season” and facing a tougher funding environment […]

forklog.media EBSCO Integrates Academic Libraries into AI Search Infrastructure

EBSCO Information Services has launched the EBSCOhost AI Exchange platform—an infrastructure layer for connecting licensed academic content to AI systems. The platform aims to assist models in working with verified sources, while helping libraries and publishers maintain control over content distribution in the era of generative search. EBSCO Brings Libraries to the Forefront of AI Search The main idea behind AI Exchange is not merely to create another "AI-powered search." EBSCO seeks to address a more sensitive issue by integrating academic content into AI interfaces in a way that preserves: licenses; attribution; citation; usage statistics. The company states that AI Exchange provides AI platforms, corporations, publishers, and universities access to structured and research materials, with rights settled for training scenarios. Essentially, EBSCO is attempting to become a mediator between owners of academic content and the growing AI search market. Research Begins in a Chatbot EBSCO openly acknowledges the change in user behavior. Whereas academic search once revolved around review systems, catalogs, and library interfaces, research now increasingly begins in a chatbot or AI search engine. EBSCO Vice President Sam Brooks stated that artificial intelligence is rapidly becoming the starting point for academic research. In this context, the central question is no longer finding the article itself, but which sources underpin the AI's responses. Partnership with Perplexity The most telling signal emerged even before the official launch of AI Exchange. A day before the announcement, EBSCO announced a partnership with Perplexity. Content from EBSCOhost databases will be integrated into: Premium Sources within Perplexity; Perplexity Computer for multi-step research tasks. This indicates that AI Exchange is not merely an internal library initiative but an attempt to integrate into the ecosystem of external AI products. Betting on AI in Search Traditional search via Google is gradually transforming amid the growing popularity of chatbots. The corporation itself understands this and is transitioning its service to AI-based systems. The first changes began more than three years ago. In May 2023, Google announced the Search Generative Experience—an experiment in Search Labs that added AI summaries, context to queries, and the ability to ask follow-up questions in a conversational mode. The mass launch, now called AI Overviews, began on May 14, 2024, in the United States. Since then, the corporation has gradually added more features based on LLM. EBSCO Offers Libraries a Lifeline For universities and libraries, AI Exchange appears as an attempt to maintain influence in the new search model. On a dedicated page for universities, EBSCO states that subscription content will be delivered to the AI workspace with attributes and statistics preserved. This means that a library has the chance to remain visible even if a student or researcher receives an answer through a generative interface rather than a traditional list of articles. In effect, EBSCO is selling libraries not only access to content but also a mechanism for survival in the AI era. A Control Tool for Publishers A separate layer of the story is the relationship between publishers and AI platforms. EBSCO promotes AI Exchange as a managed framework with: licensed access; proper attribution; rights management. In other words, the company is attempting to offer a model where a publisher does not simply lose materials within training datasets or AI summarization layers but gains a controlled channel for content distribution through LLM services. First Steps Began Two Years Ago Back in 2024, EBSCO began implementing AI Insights in EBSCOhost and EBSCO Discovery Service. The tool created brief summaries of articles and helped users quickly determine whether to read the material in full. At that time, the focus was on reducing problematic barriers within its own library products. Now, EBSCO is taking the next step—bringing licensed content into the external AI environment. However, AI Exchange currently appears more as a statement of direction than an established market standard. The company has not disclosed: the full list of AI partners; the scale of platform implementation; the number of connected universities and commercial clients. Nonetheless, the launch of the system already indicates a significant shift. A major library player has openly acknowledged for the first time that the future of academic search will not only pass through databases and search layers but also through AI interfaces. In May 2026, Google tightened its policy on the use of search AI tools following a public experiment by BBC journalist Thomas Germain.

forklog.media Federal Reserve Proposes Limited Accounts for Crypto Firms

The United States Federal Reserve (Fed) has put forward a proposal for public discussion regarding the introduction of a new type of account—payment accounts. This initiative aims to provide access to the central bank's infrastructure for crypto firms and the fintech sector, albeit with significant restrictions. The Fed stated that the new format is intended to support payment innovations without granting non-bank participants the full range of banking privileges. Unlike a full-fledged master account, holders of a payment account will: not have access to intraday credit; not be able to use the discount window; not earn interest on balances; only operate through services with automatic overdraft controls. Essentially, the regulator is offering a "light" version of access, focused solely on clearing and settlements. The proposal builds on a prototype presented in December 2025. At that time, the Fed described payment accounts as a special account for settlements and limited end-of-day balances. Following consultations, the Fed revised the limit parameters: the maximum end-of-day balance is now raised to $1 billion (up from the previously discussed $500 million). The final amount of funds will be determined by the regional reserve bank based on the participant's payment activity. The initiative provides access to: Fedwire Funds Service; National Settlement Service; FedNow Service; Fedwire Securities Service—only for free transfers. However, operations with the Automated Clearing House (FedACH) and Transfer Against Payment securities transactions will remain unavailable due to the lack of mechanisms for instant overdraft control. The Fed also anticipates that applications for payment accounts will be processed more quickly than traditional accounts, with a target timeframe of about 90 calendar days after receiving a complete set of documents. Freeze on Applications from the Crypto Industry Simultaneously, the regulator recommended that reserve banks temporarily refrain from making decisions on already submitted applications from Tier 3 organizations. This pause will last until the policy on payment accounts is finalized, but no later than December 31, 2026. Amidst a fragmenting traditional financial system, the Fed is attempting to institutionalize the divide between banks and the crypto sector. The creation of a separate class of accounts could serve as a control tool, where full accounts remain the prerogative of established players, while innovators receive only limited functionality, which may become obsolete by the time of implementation. Political Context and Disagreements According to the Fed, the December discussion on payment accounts received 72 letters. Companies from the crypto and payment sectors mostly supported the idea and requested expanded access or eased restrictions. Traditional banks and associations, on the other hand, advocated for additional barriers and enhanced control. The decision to publish the proposal was not unanimous. Supporting it were: former Fed Chair Jerome Powell, Philip Jefferson, Michelle Bowman, Lisa Cook, Steven Miran, Christopher Waller. Federal Reserve Governor Michael Barr voted against it. Reuters reports that he considered the initiative insufficiently protected against the risks of illegal financing. The Fed's new step came a day after an order by Donald Trump. The U.S. President instructed regulators and the Fed to review rules that may restrict financial innovations and fintech companies' access to the central bank's payment infrastructure. The crypto industry's interest in Fed accounts has been longstanding. Reuters noted that in March, Kraken became the first crypto company to receive a limited account at the Fed. Ripple, Anchorage Digital, and Wise are also seeking similar access. However, the Fed itself emphasizes that the proposal does not change the legal admission criteria. The final decision will still rest with the regional reserve banks. Even after the launch of the payment account, crypto companies are not guaranteed automatic access to the Fed's infrastructure. Earlier, on May 14, the U.S. Senate Banking Committee approved the CLARITY Act with a vote of 15 to 9. The document provides for comprehensive regulation of the crypto market at the federal level. On May 15, Bitcoin advocate Kevin Warsh took over the Fed, succeeding Jerome Powell. He will serve a four-year term.

blockonomi.com Market Highlights: Nvidia (NVDA) Crushes Estimates, Intuit Slashes Workforce, Applied Digital Secures Massive $7.5B Contract

Nvidia (NVDA) surpasses earnings expectations with $91B revenue outlook. Applied Digital jumps on $7.5B AI deal. Intuit drops 14% after cutting 17% of workforce. The post Market Highlights: Nvidia (NVDA) Crushes Estimates, Intuit Slashes Workforce, Applied Digital Secures Massive $7.5B Contract appeared first on Blockonomi.

blockonomi.com Applied Digital (APLD) Stock Surges Nearly 8% Following Bullish Analyst Calls and Major Data Center Wins

Applied Digital (APLD) stock surged 7.9% Wednesday after Needham raised its price target to $66, driven by new hyperscale deals and 1.7GW portfolio growth. The post Applied Digital (APLD) Stock Surges Nearly 8% Following Bullish Analyst Calls and Major Data Center Wins appeared first on Blockonomi.

forklog.media Sui Introduces Fee-Free Stablecoin Transfers

The team behind the L1 blockchain Sui has announced the launch of a fee-free transfer feature for stablecoins. This update effectively reduces the cost of stablecoin transactions on the network to $0. https://t.co/94rYcHbZ9Y— Sui (@SuiNetwork) May 20, 2026 This feature allows users and companies to conduct P2P transactions in supported assets without the need to pay fees in the native SUI token. Validators of the Sui mainnet have already begun deploying the option. The list of supported assets includes USDsui, suiUSDe, AUSD, FDUSD, USDB, USDC, and USDY. The initiative is supported by the Fireblocks platform. According to the developers, several other institutional custodians and retail wallets will also integrate the functionality from day one of the launch. Adeniyi Abiodun, co-founder and CPO of Mysten Labs, stated that stablecoins are becoming part of the global financial infrastructure, yet their use remains too complex. The technological foundation of the update is Address Balances—a new balance accounting system launched on the mainnet alongside the fee-free transaction feature. Developers note that this is not a temporary promotion but a structural change in the mechanics of processing single and batch P2P transfers. Sui Network highlighted that the absence of fees makes the platform a priority infrastructure for fintech companies and AI agents requiring high-frequency and cost-effective payment flows. According to the project's statement, since August 2025, the volume of stablecoin transfers on the Sui network has exceeded $1 trillion. Back in March, the blockchain team announced the release of the native stablecoin Sui Dollar (USDsui), pegged to the US dollar.

cryptobriefing.com Rigetti Computing signs letter of intent for $100M funding from US Department of Commerce

Rigetti's potential $100M funding highlights the strategic importance of quantum computing, accelerating advancements and impacting cryptographic security timelines. The post Rigetti Computing signs letter of intent for $100M funding from US Department of Commerce appeared first on Crypto Briefing.

cryptobriefing.com Nvidia plans to return roughly half its free cash flow to shareholders through buybacks and dividends

Nvidia's capital return strategy may attract diverse investors, stabilize stock volatility, and highlight its competitive edge in AI dominance. The post Nvidia plans to return roughly half its free cash flow to shareholders through buybacks and dividends appeared first on Crypto Briefing.

cryptopotato.com BC.GAME Brings a Crypto-First Betting Experience to the 2026 Football Season

[PRESS RELEASE – BELIZE City, Belize, May 21st, 2026] The 2026 football season is expected to draw strong betting interest. For crypto players, the experience goes beyond pre-match picks, extending to live odds, promotions, casino games and entertainment content within one platform. As a crypto casino and sportsbook, BC.GAME brings football betting, crypto payments, casino […]

news.bitcoin.com Blackrock Leads Bitcoin ETF $70M Loss as Outflow Streak Reaches Fourth Day

Crypto exchange-traded fund (ETF) markets remained under pressure on Wednesday as bitcoin funds extended their losing streak to four consecutive sessions, while ether ETFs marked an eighth straight day of outflows. XRP ETFs Attract Fresh Inflows While Solana Products Pause After Strong Run The selling wave across digital asset ETFs has slowed in size, but […]

news.bitcoin.com Why the Agentic Economy Needs its Native Settlement Layer, and a Fundamental Rethink of AI Payments

I spent years at Google as a software engineer and tech lead building the systems that decide which ad you see, when you see it, and whether you clicked. Recommendation engines. Tracking pipelines. Conversion funnels. The whole architecture of the attention economy, wired together. Then, somewhere around 2024, I started noticing something. When a user […]

cryptobriefing.com European Union proposes temporary lift of sanctions on Chinese chip supplier to aid automakers

The EU's temporary sanction lift underscores the urgent need for Europe to reduce its dependency on foreign chip suppliers, highlighting geopolitical vulnerabilities. The post European Union proposes temporary lift of sanctions on Chinese chip supplier to aid automakers appeared first on Crypto Briefing.