BTC Price Prediction: $85K Breakout or $76K Capitulation Within 10 Days

Bitcoin is trading in no-man‘s land at $80,599, caught between conviction and confusion. The RSI at 57.82 shows buyers aren’t panicking, but they‘re not exactly rushing in either. Meanwhile, the MACD histogram sitting at zero tells the real story – momentum has completely stalled out. This isn’t the setup of a market ready to rip higher or crash lower; its the setup of a market waiting for a catalyst.  The Bollinger Band position at 0.66 puts Bitcoin in the upper portion of its recent range, suggesting some underlying strength despite the lackluster momentum. Trading above the 20-day SMA ($79,426) while sitting below the 200-day SMA ($81,963) creates a technical sandwich that professional traders recognize as decision time. Blockchain.news analysis of similar setups historically shows resolution within 5-10 trading sessions.  Volume & Price Alignment  The $1.67 billion in daily spot volume tells a story of institutional hesitation rather than retail panic. This isn‘t the volume profile of a market preparing to dump – it’s the volume of smart money positioning for the next move. The tight trading range between $79,230 and $82,048 over the past 24 hours screams consolidation, not distribution.  Professional traders know that when Bitcoin trades in a $2,800 range with decent volume,

05-16Industry

UAE Fast-Tracks Second Oil Pipeline to Bypass Strait of Hormuz

UAE to complete a second oil pipeline by 2027, bypassing the Strait of Hormuz, doubling its capacity to 3.6M bpd.This stems from an ongoing 11-week Strait of Hormuz blockade and comes weeks after the UAE exited OPEC.This will allow a huge export flexibility outside the chokepoint amid tensions over production policies.  The United Arab Emirates (UAE) is fast-tracking a major oil pipeline to Fujairah, aiming to bypass the Strait of Hormuz by 2027 and double its export capacity from 1.8 million barrels per day (bpd) to approximately 3.6 million barrels per day.  The move, driven by an ongoing 11-week Strait of Hormuz blockade, is designed to secure crude exports, stabilize global energy flows, and reinforce the UAEs position as a resilient and independent oil exporter.  UAE to Complete a Second Major Oil Pipeline by 2027  On May 15, 2026, according to sources, the United Arab Emirates (UAE) is fast-tracking a major oil pipeline to bypass the Strait of Hormuz by 2027 and double its export capacity from 1.8M bpd to approximately 3.6M bpd.  Notably, Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has directed state oil company ADNOC to accelerate the previously undisclosed project. The new pipeline will run parallel to

05-16Industry

Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B

Mixed trading week for with two days each of inflows and outflows.  The inflows were partially offset by continued selling in several funds. Grayscale‘s GBTC led the outflows with a $31.64 million exit, while Franklin’s EZBC, Ark & 21Shares‘ ARKB, and Invesco’s BTCO also ended the session lower.  Trading activity surged as investor participation picked up. Total value traded across reached $2.76 billion, while total net assets climbed to $107.75 billion.  Ether ETFs continued to struggle, though the pace of withdrawals slowed considerably. The category posted net outflows of $5.65 million, extending its losing streak to four straight sessions.  Blackrock‘s ETHA remained the largest drag with a $13.21 million exit, while Blackrock’s ETHB lost another $3.55 million. There were signs of selective buying beneath the surface. Fidelity‘s Ether product attracted $6.88 million, while Vaneck’s ETHV and Franklins EZET added smaller inflows.  Even so, the gains were not enough to fully reverse the broader weakness. across ether ETFs reached $600.91 million, with net assets ending at $13.45 billion.  XRP ETFs resumed their upward momentum with $18.25 million in net inflows. Bitwise‘s XRP fund led the category with $7.01 million, followed closely by Franklin’s XRPZ at $6.64 million and Canarys XRPC at $4.87 million.  The steady demand suggests investor

05-16Industry

Rumble (RUM) Shares Tumble 8% Following Disappointing Q1 Earnings Report

Q1 revenue reached $25.46 million, representing a 7.4% year-over-year increase but falling short of the $25.98 million analyst forecastThe company reported an EPS loss of -$0.12, underperforming the consensus estimate of -$0.09 by 33.3%The platform achieved 56 million monthly active users, driven by promotional initiatives and the expansion of Rumble ShortsThe absence of monetization for Rumble Shorts negatively impacted average revenue per user metricsLeadership indicated that cloud services, following the Northern Data deal, are expected to emerge as the primary revenue engine  Rumble (RUM) shares declined approximately 8% following the release of Q1 2026 financial results that fell below Wall Street projections on both revenue and earnings metrics.  Rumble Inc., RUM  The company generated $25.46 million in quarterly revenue, marking a 7.4% improvement compared to the prior-year period but landing roughly 2% beneath the analyst consensus of $25.98 million. On the earnings front, the GAAP loss per share of $0.12 exceeded the anticipated loss of -$0.09.  Despite these quarterly shortcomings, RUM shares have climbed approximately 31.7% since the beginning of the year, significantly outperforming the S&P 500s 8.8% gain during the same timeframe.  $RUM Rumble Q1 2026 Earnings Highlights $RUM reported Q1 revenue of $25.5M +7% YoY  vs ~$24M consensus estimate (beat!)  GAAP EPS: -$0.12Adjusted EBITDA: -$21M  Cash

05-16Industry

BlackRock Warns AI Capex Is Turning Micro Into Macro for Markets

BlackRock Investment Institute warned investors that company-level AI capex now drives the entire macro market backdrop. The asset manager said its first 2026 theme, micro is macro, captures the shift.  The note from strategists Jean Boivin and Wei Li lands as Big Tech capital spending tracks roughly $725 billion this year. That figure is up about 10% from estimates made before first-quarter earnings. Capex on this scale rivals traditional macro drivers.  AI Capex Now Rivals Traditional Macro Forces  The micro-is-macro thesis argues that capex from a few firms shapes growth, earnings, and yields. That spending now rivals central bank policy as a market driver.  BlackRock estimates AI infrastructure investment could reach $5 trillion to $8 trillion this decade. The Magnificent Seven recently tracked roughly 57% quarterly earnings growth. AI is now the dominant force behind US equity gains.  The firm believes AI could be the first innovation in 150 years strong enough to lift US growth above 2%. It stresses that the outcome remains uncertain.  AI investment is pressing ahead. At the same time, inflation pressures are proving more persistent than many expected — even before the Middle East conflict. Higher energy prices may pile on to that underlying pressure.  Inflation and the Strait of Hormuz raise

05-16Industry

JPMorgan discloses Solana ETF holdings: Is institutional interest in SOL rising?

Institutions continue to stack more crypto either directly or through ETFs. Recently, JPMorgan Chase and Dartmouth College released their new Solana ETF holdings to the public.  With the crypto market structure bill passing the Senate Banking Committee, adoption can only go higher. However, the bill has passed the most critical level but has yet to be signed into law.  Institutional accumulation of Solana ETFs  As per the latest Q1 13F filing, JPMorgan Chase disclosed that its Solana ETF position was at $523K. The banking institution was accumulating Bitwises Solana Staking ETF.  Dartmouth College added to their SOL ETF stake, but their holdings in Bitcoin [BTC] and Ethereum [ETH] remained unchanged. The filing revealed the institution added $3.30 million, taking their total crypto exposure to $14.50 million.  These positions meant that Bitwises Solana Staking ETF was gaining more traction. It is the largest, with total inflows hitting $900 million. More than $677 million has flowed in post-launch, while the ETF bought $223 million at seed to start operationalizing.  On a larger scale, all SOL ETFs are seeing a positive inflow streak in May. This month, more than $90 million has been bought. The largest inflow of $26.57 million occurred on the 12th of May.  Source: Blockworks  In total, the

05-16Industry

RedStone’s settlement layer is the first serious attempt to make tokenized RWAs real DeFi collateral

RedStone‘s new “Settle” layer is the first sober attempt to fix DeFi’s RWA paradox.RedStone Settle liquidates RWA‑backed loans via on‑chain auctions, letting LPs buy the position and assume slow 60–180 day redemption risk, so lending protocols keep atomic, instant liquidations.With around $30B of tokenized Treasuries, credit and funds sitting as “dead capital,” Settle standardizes liquidation and repricing so RWAs can back Aave‑style markets instead of being trapped in isolated wrappers.The trade‑off is structural: if Settle becomes the default, RedStones oracle and auction stack starts to look like a quasi‑central clearinghouse for RWA collateral inside an allegedly permissionless ecosystem.  RedStone has launched “RedStone Settle,” a dedicated DeFi settlement layer built to make tokenized real‑world assets usable as collateral in lending protocols, targeting roughly $30 billion of RWAs that are currently structurally dead capital. The design attack is straightforward: fix the core timing mismatch between instant, on‑chain liquidations and 60–180 day off‑chain redemption cycles for bonds, funds, credit and other tokenized instruments that have, until now, been almost impossible to use in live DeFi lending.  RedStone settlement layer adds functionality  RedStone, a decentralized oracle provider based in Baar, Switzerland, says Settle introduces an on‑chain auction mechanism that activates when a borrower using RWA collateral is

05-16Industry

Malaysia: Growth risks and steady rates – UOB

UOB‘s Global Economics 2025: 5.2%). This outlook incorporates ongoing targeted and tactical government measures to support affected households and businesses, with additional measures expected to be announced as conditions evolve.”

05-16Industry

Musicow and Injective (INJ)Bring Music IP Onchain for Global Access

Musicow has joined forces with Injective (INJ)to bring music intellectual property (IP) rights onchain, aiming to make the asset class accessible to investors and fans globally. The partnership positions music IP—a $47.2 billion market as of 2024—alongside tokenized equities, real estate, and other onchain real-world assets (RWAs).  Musicow, a South Korean pioneer in fractional music ownership, has facilitated over $293 million in music IP transactions since 2017 through its platform. The company allows fans to invest in royalty rights tied to popular songs, receiving income from streaming and other revenue streams. With a U.S. presence launched in 2025 under a regulated structure, Musicow is now expanding its global reach through Injectives blockchain infrastructure.  Why Music IP Matters as an Asset Class  The music industry continues to grow as a cultural and financial powerhouse. Global recorded music revenue reached $31.7 billion in 2025, marking its 11th consecutive year of growth. The combined value of recorded and publishing rights nearly doubled over the past decade to $47.2 billion in 2024. By 2035, Goldman Sachs estimates the broader music market—including live events—will hit $200 billion, creating a strong case for music IP as a scalable, yield-generating, and non-correlated asset.  Institutional investors have already validated music IP‘s financial

05-16Industry

Bitcoin Eyes $90K Breakout as CVD Flashes Fragile Demand

Bitcoin holds above the 21-day moving average, keeping the $90K breakout setup active.CVD data fell from $50M to $6.5M on Binance and from $30M to $5.7M on Coinbase.Weak spot demand and macro uncertainty are making Bitcoins rally more fragile.  Bitcoin remains positioned near a key breakout zone, but fresh market data shows the rally is becoming more fragile. The latest chart shared by Michaël van de Poppe shows BTCs price action holding above the 21-day moving average, keeping the $90,000 level in focus.  The setup still points to upside potential if momentum improves next week. However, CVD data shared by Darkfost shows weakening buyer strength across major spot venues, adding pressure to the bullish case.  Spot Demand Loses Strength Across Major Exchanges  Darkfost‘s Cumulative Volume Delta analysis showed that spot demand weakened sharply after stronger March readings. According to his post, Binance’s monthly averages fell from roughly $50 million to $6.5 million.  Coinbase showed a similar decline, with average net volume delta dropping from about $30 million to $5.7 million. The indicator also briefly turned negative on May 8. That shift pointed to a weaker balance between buyers and sellers.  It also showed that the recent recovery lacked the same spot support seen earlier in the

05-16Industry
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