Crypto Industry News & Market Trends

Bitget Wallet Launches API Portal to Scale Onchain Trading

San Salvador, El Salvador, May 14, 2026 – Bitget Wallet, the leading everyday finance app, announced the launch of the Bitget Wallet API portal, a self-service gateway that helps developers and institutional partners add onchain trading with lower integration costs, faster deployment, and more reliable execution. Through the portal, partners can apply for access, manage API keys, and connect to Bitget Wallet‘s onchain trading infrastructure, including token swaps, cross-chain transactions, and market data. The launch follows the rollout of Bitget Wallet API and marks the company’s expansion into business infrastructure, as more fintech platforms, trading apps, and crypto services look to scale onchain trading without building complex backend systems from scratch.　　Bitget Wallet API gives partners one connection point for token swaps, cross-chain transactions, real-time market prices, and basic blockchain data. Built on Bitget Wallet‘s proprietary DEX aggregation engine, the API currently processes more than $20 million in average daily trading volume from aggregator partners and supports about 80% of core trading activity inside Bitget Wallet. For partners, this means they can add trading and market data features more quickly, while relying on trading infrastructure already tested at scale by Bitget Wallet’s consumer product.　　The launch comes as onchain trading becomes a

05-14Industry

Hedera price forecast: HBAR risks 20% dive amid fresh selling

Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market.　　The price has slipped nearly 1% over the past 24 hours to trade around $0.092, with daily trading volume dropping 13%.　　This decline below the psychological $0.10 mark pushes HBAR further from last weeks highs, even as altcoins mirror a broader risk asset downturn.　　As such, and despite growing enterprise adoption and network usage, short-term price action suggests further downside risks ahead.　　Could Hedera price fall another 20%？　　Cryptocurrencies are positioning for a potential sustained uptick, but macroeconomic headwinds and geopolitical tensions could trigger deeper corrections before any rebound materializes.　　HBAR appears poised to echo Bitcoins recent trajectory, where a retest of critical support levels often precedes recovery.　　Analysts warn of a possible 20% slip from current levels, targeting the $0.072 zone.　　This is a familiar floor where prices have bounced robustly in prior retests.　　Notably, the bearish scenario for HBAR stems from renewed selling pressure amid global uncertainties.　　Elevated US inflation readings have triggered fresh jitters among traders, with BTC slipping from recent highs.　　On-chain data reveals increased transfers to exchanges, signaling profit-taking by short-term holders.　　If selling persists, HBAR could test $0.075-$0.070 support, which could represent a 20% drop from current levels near $0.092.　　HBAR price technical

05-14Industry

Forbes Unveils Its Inaugural Ranking Of The Top Family Businesses Featuring America’s Biggest Family Companies Driving Jobs, Growth And Generational Success

NEW YORK, NY – May 14th – Forbes unveiled the launch of its newest list, America‘s Largest Family Businesses, the definitive ranking of America’s biggest family firms by revenue, spotlighting those companies driving revenue and growth, while also expanding generational wealth and success.　　This list comes at a time when family businesses have become “the quiet engine driving the economy,” says Byron Trott, the legendary chairman and co-CEO of merchant bank BDT & MSD Partners, in an op-ed for Forbes published Wednesday. From grocery stores like Wegmans to hotels like Marriott and Hyatt and some of the most popular consumer products like M&Ms and Perdues chicken, family businesses span many different industries and are some of the leading companies within their respective spaces.　　Key Trends and Highlights Defining Inaugural Americas Top Family Business List:Most family businesses are still privately-owned: Of the 100 family businesses on Forbes ranking, roughly two-thirds (67) are still privately owned, while one-third (33) are publicly traded.Largest private family business: The largest private family business by revenue is $154 billion food and agriculture giant Cargill, with the descendants of founder William Wallace Cargill owning 88% of the company.Largest public family business: The biggest public family business is $713 billion

05-14Industry

JPMorgan Loads Up on Bitcoin and Ethereum ETFs in Q1

Bitcoin Ethereum　　JPMorgan Loads Up on Bitcoin and Ethereum ETFs in Q1　　The banks largest increase came through the iShares Bitcoin Trust (IBIT), where holdings surged 174% to 8.3 million shares. JPMorgan also sharply expanded positions in the Bitwise Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, and ProShares Bitcoin Strategy ETF. The bank additionally increased its exposure to Ethereum-linked ETFs, including the iShares Ethereum Trust.　　JPMorgan Grows Crypto ETF Exposure　　Chase expanded its exposure to crypto-linked exchange-traded funds (ETFs) during the first quarter of 2026, despite the . According to the banks latest , its largest increase came through the BlackRock spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), where holdings surged by approximately 174%.　　The bank raised its IBIT position from roughly 3 million shares in the of 2025 to around 8.3 million shares by the end of Q1 2026. Based on filing data, the increase represented approximately $162 million in added value, even though Bitcoin declined more than 22% during the quarter.　　The bank also sharply increased its stake in the Bitwise Bitcoin ETF (BITB), and boosted its holdings from 4,872 shares to 48,258 shares. This was an almost 900% increase and added roughly $1.51 million in reported value.　　Exposure to the Fidelity Wise Origin Bitcoin

05-14Industry

Japanese Yen: Valuation risks and policy coordination – BNY

Finance　　Japanese Yen: Valuation risks and policy coordination – BNY　　BNYs Geoff Yu highlights that the Japanese Yen (JPY) remains significantly undervalued on a Real Effective Exchange Rate (REER) basis even as Euro (EUR) and US Dollar (USD) valuations have converged. He notes United States (US) –Japan coordination on exchange rates is already underway and argues Europe should be more proactive, as sustained JPY weakness poses greater competitive risks for Eurozone exporters than for the United States.　　JPY undervaluation and European risks　　“Based on the Bank for International Settlements (BIS) Real Effective Exchange Rate (REER) indices, measured by their change over the last five years, the dollar and euro have fully converged in valuation over the past six months. A range breakout would require a significant structural catalyst – the technology drivers behind ”U.S. exceptionalism“ or the ”European strategic autonomy“ theme on defense.”　　“Japan has had no such lift, but there is a difference between ”lack of appreciation“ and the kind of secular depreciation currently witnessed.”　　“The risks of sustained and significant JPY undervaluation are much more of an issue for Europe than the U.S. due to greater export competition, though that has been eroded over time, especially in the automotive sector, where China has significantly

05-14Industry

OpenAI Faces Class Action Lawsuit Over ChatGPT Data Sharing With Meta and Google

A class action filed in California federal court accuses OpenAI of disclosing private ChatGPT user data to Meta and Google. The complaint says the company used embedded tracking technology without consumer consent.　　The lawsuit covers United States residents who entered queries on ChatGPT.com. It argues that OpenAI funneled personal questions and account details to two firms whose advertising networks reach billions of people each day.　　What The Complaint Alleges　　The filing centers on tracking technology that Meta and Google supply to website operators for analytics and ad targeting. According to the complaint, OpenAI embedded that code into its ChatGPT site and allowed it to transmit user information automatically.　　The plaintiffs say the disclosed data included query topics, account identifiers, and email addresses tied to individual users. The case argues that consumers had reasonable privacy expectations when using the chatbot. Many people share sensitive financial, medical, and legal questions there.　　The complaint cites a Cyberhaven report estimating that around one percent of data employees paste into ChatGPT is confidential. The figure refers to leaked corporate material. The complaint extends that concern to individuals who use the assistant for advice on health, money, and legal matters.　　The plaintiffs are seeking monetary damages and an injunction stopping the practice.

05-14Industry

Trump Approval Rating Drops Below 36%—A New Low

Trump‘s net approval rating dipped to -18.9, a record low for his second term, in Nate Silver’s Silver Bulletin polling average, following a string of surveys that show Americans have never been more negative about Trumps job performance.　　Trump has a 58.1% disapproval rating and 38.5% approval rating.　　Trump‘s approval rating improved two points, to 36%, from the 34% record low it reached at the end of April in Reuters/Ipsos polling, while 63% said they disapprove of Trump’s job performance (the poll of 1,254 U.S. adults was conducted May 8-11 and has a margin of error of 3).　　Trump‘s weekly approval rating hasn’t risen above 36% since the U.S. and Israel attacked Iran on Feb. 28, after previously hovering at around 40% since last summer.　　The war with Iran negatively impacts views of both Trump and Republicans: 66% of respondents, including 30% of Republicans and 73% of independents, said Trump hasnt clearly explained his goals for the war.　　Three-quarters of respondents, including half of Republicans, said his administration is at least partly to blame for high gas prices, which have gone up 50% since the start of the conflict, while 65% said they believe Republicans are more responsible for the rise in gas prices versus

05-14Industry

Is It Time To Sell? Bitcoin Price Enters Redistribution Phase That Previously Led To A 78% Crash

A warning from Bitcoins weekly chart is showing a familiar bear market structure beginning to take shape. According to technical analysis of the weekly chart, Bitcoin has already moved through a topside distribution phase and a range phase beneath it, and the current price action is now forming a redistribution zone.　　The concern is that a similar setup appeared after the 2021 peak before Bitcoin went through a much deeper decline. The last time this setup appeared, it erased nearly 80% of Bitcoins value in under a year.　　Bitcoin Chart Following The 2021 Breakdown Structure　　The analysis compares Bitcoins current weekly chart with the structure that developed during the 2021 to 2022 bear market. In that previous cycle, Bitcoin first created a distribution zone near the top. The price then entered a range phase below that high, creating the appearance of stabilization before the market rolled into a redistribution area.　　The first stage in 2021, which was a Distribution Phase, occurred as Bitcoin reached its then-peak near $69,000. In the current cycle, the same pattern materialized around the $108,000 to $126,000 zone, forming a wide but delineated top. The second stage was a Range Phase, which is a minor consolidation band directly beneath the

05-14Industry

US government confirms comprehensive actions on rare earths

Whats actually happening　　The federal response is multi-pronged and, by government standards, moving fast. The Trump administration signed executive orders in 2025 specifically aimed at accelerating rare earth production and established the National Energy Dominance Council, or NEDC, chaired by Burgum himself.　　The NEDC has set ambitious internal timelines. Project identification is targeted within 10 days, and site leasing within 30 days.　　On the financial side, the Department of Energy has announced a $134 million funding allocation dedicated to strengthening domestic rare earth supply chains.　　A January 2026 White House initiative adds another lever: the potential imposition of tariffs on processed critical minerals and their derivatives if international agreements fail to materialize.　　Meanwhile, the permitting process for mining and processing on federal lands is being expedited.　　The geology and the partnerships　　One project getting particular attention is the Sheep Creek deposit in Montana. It boasts the highest-grade rare earth concentrations in the US at 90,000 parts per million, alongside valuable co-products like gallium, scandium, and strontium. The site is being developed in partnership with Idaho National Laboratory, one of the DOEs premier research facilities.　　What this means for investors　　The tariff threat on processed critical minerals adds another variable. If enacted, it could raise costs for US manufacturers that

05-14Industry

Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News

Bitcoin　　Coinbase Wins USDC Treasury Deployer Seat on Hyperliquid, Circle Handles Cross-Chain Infrastructure – Bitcoin News　　Announced Thursday, the arrangement places Coinbase at the center of USDCs reserve management on Hyperliquid, with Circle handling the technical side through its Cross-Chain Transfer Protocol. The agreement also gives Coinbase the right to purchase the brand assets of USDH, the native issued by Native Markets that launched on Hyperliquid in September 2025.　　Hyperliquid described the move in a statement on X: “With Coinbase, in its role as treasury deployer, sharing the vast majority of reserve yield revenue with the protocol, USDC will become the most aligned on Hyperliquid.”　　USDC has been Hyperliquids dominant collateral since the platform launched in 2023. Supply on the network has grown to roughly $5 billion, about double what it was a year ago, making Hyperliquid one of the most concentrated environments for on-chain dollar usage in derivatives trading.　　The AQAv2 upgrade names USDC as the canonical quote asset for future markets under Hyperliquids HIP-4 specification. Both Coinbase and Circle have committed to HYPE tokens to activate the framework. Coinbase has also increased its staked HYPE position beyond what the activation requires.　　Coinbase described the integration in a blog post published the same day: “As

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