May 18 Monday
According to Coinglass, if Bitcoin surpasses $80,099, cumulative short liquidations on major centralized exchanges could reach $2.286 billion. Conversely, a drop below $72,971 would trigger $1.59 billion in long liquidations.
European fintech firm Revolut is introducing a physical debit card that allows users to spend Dogecoin at any merchant accepting Visa or Mastercard. The card charges no additional exchange fees for Dogecoin transactions.
Bitcoin dropped to the $76,000 support level while large-cap altcoins experienced sharp sell-offs. Technical charts suggest traders may look to buy the dip.
OriginTrail's TRAC token rallied 77% following its listing on South Korean exchange Upbit. The surge was also fueled by growing interest in AI-related blockchain projects.
Wall Street and payment giants are moving billions onto Solana for tokenized funds and global payments, according to a Messari report. This shift occurs even as the broader crypto market cools down.
Crypto exchange BingX marks eight years of collaboration with Ferrari, emphasizing precision and performance. The partnership highlights shared values between the two brands.
Institutional investors withdrew capital from Bitcoin and Ether products as geopolitical tensions and rising inflation rattled markets. Meanwhile, XRP and Solana funds continued to attract fresh inflows.
Mantle has revealed the speaker lineup for its upcoming event, featuring Gem3a, joshuacheong, whisker17, hypetris_, junhaotan_, JamesJXJT, and Peng_eth. The event aims to showcase insights from these industry participants.
Galaxy Digital, led by Mike Novogratz, has obtained a New York BitLicense, becoming the second company this year to do so after Strike. The license allows Galaxy to offer institutional crypto services in New York.
LBank Exchange is celebrating Bitcoin Pizza Day with a giveaway of 10 swag sets. The event runs from May 18 to May 22.
Binance has introduced a Smart Money tab on the Square homepage, allowing users to quickly identify top traders. The feature aims to enhance user experience by providing easy access to trading insights.
The event at Social Company features daily activations, exclusive experiences, and free gifts, showcasing Web3 and AI. BingX aims to engage the community through immersive pop-up experiences.
Cancore's swap flows are being tested by the Loop community in a live campaign to refine the product before wider rollout.
Binance has renewed its rewards campaign for an additional four weeks, offering $13 million in incentives. The campaign features a boosted annual percentage rate (APR) of 6.70%.
The STAC fund achieved a 4.38% yield from April 1-30, 2026, offering onchain fixed income. DeFi integrations are planned for the future.
ATM Network has upgraded its deflation mechanism and completed the first token burn. Users can view burn details in the explorer tab, with the full mechanism available on the official website.
Aptos Labs has introduced an Encrypted Mempool feature designed to enhance transaction privacy on its blockchain. The technology encrypts pending transactions, preventing validators from viewing transaction details before inclusion.
Webull has been recognized as the top broker for low-cost options trading in Investopedia's 2026 Best Online Brokers list. The accolade highlights Webull's competitive pricing and user-friendly platform for options traders.
Trust Wallet launched a Builder Portal with tools like MCP Server, CLI, and SDK for AI agent development. The platform supports over 25 blockchains and offers Agent Wallet and WalletConnect modes.
Registration for Mantle's Mentor Clinic Session 2 ends May 27 at 00:00 UTC. Participants can receive direct feedback from experts.
Mantle State of Mind Ep. 09 will stream live on X on May 22 at 8 PM UTC+8. The event will feature computing credits and an open Q&A session.
BloFin will suspend deposit and withdrawal services for all tokens on the SEI network at 2 PM UTC on May 19. The suspension is for a network upgrade.
World of Dypians has concluded the Vanarchain treasure hunt event. Participants can expect their rewards to be distributed shortly.
Traders depositing at least 500 USDT on EVEDEX qualify for automatic loss coverage after meeting volume thresholds. The program aims to mitigate trading risks for active users.
EVEDEX has introduced a Deposit Rewards program that provides bonuses to offset up to 50% of losses on each position for qualifying deposits. The initiative aims to attract users by reducing their risk exposure.
Crypto exchange BingX will celebrate its 8th anniversary and Bitcoin Pizza Day in São Paulo on May 22nd. The event is limited to 50 guests.
WazirX Futures has expanded its offerings by listing 12 new perpetual contracts against INR. The new pairs include tokens such as BB, JTO, and PENDLE, providing users with more trading opportunities.
IPO Genie has launched Phase 99 of its project, raising over $1.4 million. The company shared a proof of concept with the community.
On Polymarket, the 'Yes' option for WTI crude oil reaching $105 by May 2026 surged from 66% to 84.5% in one hour, a volatility of 18.5%. The shift was monitored by Catcher Predict.
Forsage co-founder Olena Oblamska was extradited from Thailand to the US and pleaded not guilty to conspiracy to commit wire fraud. The US Department of Justice alleges Forsage operated as a Ponzi and pyramid scheme using smart contracts on Ethereum, TRON, and BNB Chain, defrauding victims of approximately $340 million.
Tempo, a payments-focused blockchain backed by Stripe, has partnered with Morpho, a $7.5 billion DeFi lending protocol. The collaboration aims to bring onchain yield and lending services to Tempo's network, offering a full-stack onchain finance platform for companies building on it.
Coinbase CEO Brian Armstrong announced that the company's investigation team identified ongoing criminal activity and used blockchain forensics to track criminals, resulting in five convictions. Coinbase is proud to collaborate with law enforcement in combating crime.
According to Coinglass, the current 8-hour average funding rate for BTC across all exchanges is 0.006%. Among major exchanges, Binance has a rate of 0.0072%, OKX 0.0092%, Bybit 0.0055%, and Gate 0.0054%.
Coinbase announced the listing of Wrapped Ronin (WRON) for spot trading, with the WRON-USD trading pair opening later today after liquidity conditions are met. The token is based on Ethereum's ERC-20 standard, and users are advised to transfer only via designated networks to avoid asset loss.
Bitwise announced it will use 10% of the management fees from its Hyperliquid ETF ($BHYP) to hold HYPE on its balance sheet, supporting the Hyperliquid ecosystem. The firm cited Hyperliquid's community-first model, where 99% of blockchain revenue is used to buy back and burn HYPE.
A mysterious whale purchased 4,677 ETH for $9.94 million in the past 24 hours. The whale now holds 133,700 ETH worth $281 million.
Telegram founder Pavel Durov announced on X that the platform now supports communication between bots. The feature addresses requests from AI developers, providing a traceable communication layer for autonomous agents.
Delphi Digital reports that WETH, USDT, and USDC account for 89% of Aave's Ethereum market borrowing, with supply rates 25-35% below borrowing rates, causing an annual deadweight loss of ~$52 million. The April 18 KelpDAO bridge exploit exacerbated the issue, leading to a $200 million bad debt and a 5-day freeze on major markets at 100% utilization.
Ondo Finance announced that its tokenized stock total value locked (TVL) has exceeded $1.5 billion and continues to grow. The top five assets in Ondo Global Markets include Circle's tokenized assets, S&P 500 ETF, Micron Technology, NVIDIA, and BlackRock iShares Bitcoin Trust (IBIT), collectively accounting for about 25% of the market.
Crypto financial services firm Galaxy has been granted a BitLicense by the New York State Department of Financial Services (NYDFS). The license allows Galaxy to legally offer cryptocurrency services, including trading and custody, in New York State.
Leopold Aschenbrenner, a former OpenAI researcher, increased his disclosed investment size from $5.5 billion to $13.67 billion as of March 31, 2026. He bought shares in Bitcoin mining firms like IREN and Core Scientific, while establishing a $7.46 billion short position in semiconductor stocks including Nvidia and AMD.
Bitcoin mining firm HIVE purchased a $58 million plot in Toronto for an AI facility. The company raised $115 million to expand its global AI data center footprint.
Data from CoinGlass shows total liquidations reached $789 million, with longs accounting for $700 million. Bitcoin and Ethereum led with $238 million and $297 million in liquidations respectively, while 122,065 traders were liquidated.
Bitcoin experienced $982 million in outflows last week, while XRP and Solana saw inflows of $38 million and $16 million respectively. The rotation suggests investors are diversifying into alternative cryptocurrencies.
Token Terminal data shows 23 tokenized US Treasury bill funds each have a market cap over $100 million, with total tokenized assets reaching $13.7 billion. Circle's USYC is the largest at $2.9 billion on BNB Chain, followed by iBENJI (Franklin Templeton), BUILD (BlackRock), and JTRSY (Invesco) on Ethereum.
A bullish chart pattern suggests HYPE could rally above $70 this year. Accumulation linked to a16z and fresh institutional catalysts strengthen the case.
Leopold Aschenbrenner is shorting Nvidia and AMD while investing in bitcoin miners that own electricity and data centers for AI. His $13.6 billion fund targets the next phase of the AI boom.
The state of Minnesota has signed a bill into law, permitting local banks and credit unions to legally offer custody services for Bitcoin and other crypto assets. The legislation aims to provide a clear regulatory framework for financial institutions to engage in digital asset businesses and expand traditional finance's coverage of cryptocurrency services.
On prediction market Polymarket, the 'Yes' option for Bitcoin reaching $75,000 in May saw its probability jump from 63.5% to 78.5% within an hour. The sudden 15% surge indicates potential breaking news affecting the market.
Bitcoin is trading near $76,700, with over 7.8 million BTC in unrealized loss. Glassnode indicates that supply overhang from buyers near the cycle peak remains significant, and the market must absorb this selling pressure for a sustainable uptrend.
The S&P 500 opened up 8.36 points (0.11%) at 7,416.86, while the Nasdaq Composite rose 42.07 points (0.16%) to 26,267.22. Data from Gate shows the market gains across major indices.
Bitcoin has dropped below $77,000, wiping out all gains made in May. The decline persists despite Strategy's $2 billion bitcoin purchase last week.
Solana development firm Anza has officially recommended mainnet validators upgrade to Agave 4, which introduces XDP for Turbine, QUIC-only TPU data access, and faster replay stage. Production tests show XDP reduces Turbine retransmission delay from ~600ms to ~0.8ms, providing key performance margin for Solana's push toward 100M CU blocks.
Hangzhou Deep Robotics Technology Co., Ltd. published its prospectus, reporting 2025 revenue of 322.38 million yuan from embodied intelligent robot projects. The IPO aims to raise 2.5025 billion yuan for projects including embodied algorithm and model R&D, robot body and solution development, and industrialization.
Playground Global, co-founded by Android co-founder Andy Rubin, has closed a $475 million fund to invest in AI, automation, advanced computing, and deep tech startups. The firm previously raised a $410 million third fund in 2022 and counts Agility Robotics, PsiQuantum, and Skydio among its portfolio.
HIVE Digital announced plans to build a 320 MW AI infrastructure park in the Toronto area, aiming to become one of Canada's largest sovereign AI super factories. The project, expected to cost about 3.5 billion Canadian dollars, will be operational in the second half of 2027 and house over 100,000 GPUs.
Deploi has launched a direct issuance infrastructure for private credit on the Polygon blockchain. The company has secured ISIN allocations from Nasdaq CSD and plans a EUR 1 billion note programme by 2026 after completing global issuance infrastructure by Q3 2026.
The SDK features four modular components: identity and trust based on ERC-8004, commerce and escrow based on ERC-8183 (APEX), autonomous payment integrating MPP and x402, and memory and storage based on BNB Greenfield. Initial partners include Google, AWS, Virtuals, Binance Pay, Trust Wallet, Binance Wallet, and $U.
According to Coinglass, if Bitcoin breaks above $80,634, cumulative short liquidation intensity on major centralized exchanges could reach $1.771 billion. Conversely, if Bitcoin falls below $73,578, cumulative long liquidation intensity could reach $1.635 billion.
Payward, parent company of Kraken, reported Q1 2026 adjusted revenue of $507 million, up 3% YoY, with assets on platform reaching $40 billion and funded accounts rising 47% YoY to 6.1 million. The company continued expanding its multi-asset infrastructure through acquisitions including Backed, Magna, Bitnomial, and Reap, while maintaining plans for a future IPO.
Onchain Lens reports that Pump.fun deposited 82,700 SOL, valued at $7 million, into the Kraken exchange. The transaction was detected by blockchain monitoring.
Payward reported adjusted Q1 revenue of $507 million, up 3% year-over-year, with futures daily average revenue trades surging 51%. Adjusted EBITDA fell to $18 million as the company prioritized M&A and product development over short-term profits.
At US market open, the Dow Jones Industrial Average rose 0.04%, the S&P 500 gained 0.15%, and the Nasdaq Composite added 0.14%. Micron Technology rose 4%, Nvidia gained 2%, Intel surged 5.3%, Baidu climbed 3.6%, while Li Auto fell over 9%.
Kaia has partnered with Chromia to enhance blockchain infrastructure. The collaboration focuses on improving scalability and interoperability.
Data from Coinglass shows 115,440 traders were liquidated, with the largest single liquidation order of $28.49 million on Bitget for ETHUSDT. Bitcoin longs accounted for $169 million and shorts $24 million, while Ethereum longs were $248 million and shorts $21.2 million.
NYDIG said the bipartisan consensus on crypto regulation may be a brief window, and if the bill does not advance before the August recess, lawmakers' attention will shift to midterm elections and budget issues. Key disagreements remain on stablecoin regulation, DeFi oversight, and consumer protection, slowing negotiations.
Strategy (formerly MicroStrategy) led with $2.01B spent on 24,869 BTC at $80,985 each, raising its total holdings to 843,738 BTC. Four other firms—Strive, The Smarter Web Company, Capital B, and OrangeBTC—also made purchases, contributing to total corporate holdings of 1,113,841 BTC worth $86.16B.
Citi analysts estimate that 6.5 to 6.9 million BTC, worth about $450 billion, are vulnerable to quantum attacks due to exposed public keys. The bank notes Bitcoin's slower upgrade pace compared to Ethereum, but remains optimistic about long-term adaptation through post-quantum cryptography.
All assets in the CoinDesk 20 index declined over the weekend. Bitcoin Cash (BCH) led losses with a 13% drop, while Bittensor (TAO) fell 9.6%.
Citi stated that accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure. Bitcoin is seen as particularly exposed to the quantum threat.
Strategy purchased 24,869 BTC at ~$80,985 each, now holding 843,738 BTC with unrealized profit of $1.35B. BitMine bought 71,672 ETH at ~$2,251 each, now holding 5,278,462 ETH with unrealized loss of $7.279B.
Hyperliquid platform whales currently hold $4.039 billion in positions, with long positions at $1.981 billion (49.05%) and short positions at $2.058 billion (50.95%). A whale address 0xa5b0..41 opened a 15x long on ETH at $2,265.48, with unrealized loss of $4.61 million.
Bitmine, an Ethereum treasury firm, purchased over 71,000 ETH last week, a significant increase from prior weeks. Tom Lee, a strategist, attributed ether's pullback to rising oil prices.
A whale bought $9.57 million worth of HYPE tokens, driving the price up. HYPE is now trading near $50, with market watchers eyeing a potential breakout.
Strategy, led by Michael Saylor, purchased 24,869 BTC worth $2 billion last week. The company's total bitcoin holdings now stand at 843,738 coins.