BlackRock adds over 8,000 Bitcoin in May 2026

BlackRocks iShares Bitcoin Trust (IBIT) has accumulated Bitcoin ($BTC) worth more than $537 million in May.  At the beginning of May, BlackRock‘s IBIT held about 810,000 $BTC, according to on-chain data from Arkham Intelligence, analyzed by Finbold on May 19. By the end of the first week of May, IBIT’s Bitcoin holdings surged to roughly 823,000 coins, an increase of 13,000 BTCs.  IBIT Bitcoin holdings for 1 month. Source: Arkham Intelligence  Over the subsequent day through Tuesday, BlackRocks IBIT has trimmed its $BTC holdings by 6,000 coins to around 817,000 units at the time of reporting. On Monday, IBIT deposited 2,221 $BTC, valued at about $170.59 million, to Coinbase Prime, as Finbold reported.  During the past 24 hours, the fund deposited 5,847 $BTC, worth approximately $449 million, into Coinbase Prime. As such, BlackRock investors have shifted from the initial aggressive Bitcoin accumulation recorded earlier this month to notable distribution.  BlackRock investors accumulate Bitcoin despite unrealized losses  BlackRock investors have continued to net purchase Bitcoin in May despite the fund being in notable net unrealized losses. Since Bitcoins early price capitulation in February 2026, IBIT has remained in net unrealized losses, currently hovering at $7.9 billion.  IBIT profit and loss chart for three months. Source: Arkham Intelligence  With BlackRocks

05-19Exchange

$500mln in longs wiped, conviction intact: Is Bitcoins pullback a healthy reset?

The market is still trying to figure out what the recent pullback really means.  On the technical front, Bitcoin‘s 5.8% correction last week from its $82k level triggered a frenzy over whether this marked a local top for the asset. Looking at the macro setup, the market split makes sense, keeping $BTC’s current structure a textbook setup for speculative traders to profit from its volatility.  Recent data shows bears have been the most profitable in the move.  According to CoinGlass, $630 million in positions were liquidated on the 17th of May as $BTC broke below $77k, marking the first major cascade in about a month. However, unlike the April move, this time 90% of the liquidations came from longs.  Source: Coinglass  Naturally, the market is starting to feel the pressure.  CryptoQuant data shows the Coinbase Premium Index still trending in negative territory, pointing to weak conviction from U.S. buyers.  At the same time, $BTC ETFs have flipped negative, with outflows taking the lead and reinforcing a broader risk-off tone among institutional investors. In this context, the pullback starts to look more like the early stages of a deeper correction, with some positioning already eyeing the $60k zone.  The question now is whether the holders patience is starting to

05-19Exchange

AI agents could outspend humans, Coinbase CEO says

Coinbase CEO Brian Armstrong says AI agents could create an economy larger than human commerce as machine-to-machine payments move onto crypto rails.  SummaryBrian Armstrong says machine-to-machine payments could lift demand for digital dollars beyond current estimates.x402 recorded 75.41 million transactions and $24.24 million volume over the last 30 days.Base and USDC remain central to Coinbases plan for AI agent payments and commerce.  Armstrong wrote on X that agentic commerce is not yet priced in and said machine-to-machine payments could increase demand for digital dollars beyond current estimates. He added, “The agentic economy could be larger than the human economy.”  The statement builds on Coinbases wider push into AI agent payments. The company has been building payment tools that let software agents pay for APIs, data, cloud services, and other digital products without a human approving every transaction.  Coinbase has focused on stablecoins because AI agents need payments that work at internet speed. In its Q1 2026 earnings call, Coinbase said USDC and Base power most on-chain stablecoin transactions for AI agents.  You might also like:  Japan AI-blockchain finance plan backs yen stablecoins  The company also said AI agents use USDC in 99% of those transactions, while more than 90% run on Base. It said agents are already

05-19Exchange

Hyperliquid price nears ATH as HYPE rallies 24% in 6 days

Hyperliquids $HYPE token has rallied about 24% in six days, moving near its all-time high as CLARITY Act momentum, ETF demand, $USDC growth, and synthetic markets bring fresh attention to the network.  Santiment said $HYPE rose from $38.32 on May 13 to about $47.65, a gain of nearly 24% in six days. The analytics firm also said $HYPE was trading within $12 of its all-time high, while social dominance reached 1.79% on May 14, far above its normal range.  TradingView data shows $HYPE/USDT trading near $48 on KuCoin. RSI sits near 64.91, below overbought territory but showing strong buying pressure. MACD also remains positive, with the blue line above the signal line and green histogram bars rising.  Source: TradingView  Santiment previously said $HYPE gained 12% after Coinbase became Hyperliquids official $USDC treasury deployer. That move added to market attention around Hyperliquid, while other tokens also saw smaller breakouts during the same period.  The rally also came as traders reacted to the CLARITY Act clearing a key U.S. Senate committee on May 14. The bill is aimed at creating clearer market structure rules for digital assets, and its progress helped lift sentiment around crypto trading platforms, including Hyperliquid.  Bitwise Hyperliquid ETF adds $HYPE demand  Bitwise has added another

05-19Exchange

ADA Price Prediction: $0.30 Breakout Imminent as Whales Position for 20% Rally

Cardano‘s consolidation around $0.25 masks significant underlying activity that suggests a major move is brewing. Trading 26% below its 200-day moving average at $0.34, ADA has been quietly building support during this extended correction phase. The 2.58% daily decline reflects surface-level selling pressure, but the real story lies in what’s happening beneath the charts.  Open interest has jumped 2.65% in 24 hours to $94.3 million while funding rates remain moderately negative at -0.0081%. This combination creates an environment where long positions benefit from favorable funding while smart money continues positioning. Blockchain.news analysis shows this setup historically precedes significant upward moves, as traders build positions without paying excessive premiums.  Technical Foundation Building  Current indicators suggest ADA sits at a critical inflection point rather than extended weakness. The RSI reading of 42.62 places the token in neutral territory where neither buying nor selling pressure dominates, creating space for directional momentum to develop. Meanwhile, the MACD histogram at zero indicates momentum is coiled and ready for release in either direction.  ADAs position relative to key moving averages reveals the compression building within the system. Trading exactly at the 50-day SMA of $0.25 creates a natural pivot, while the tight range between the 7-day ($0.26) and 20-day ($0.26)

05-19Industry

MIT students build a device that lets Claude AI control your hand with electric pulses

Tech  MIT students build a device that lets Claude AI control your hand with electric pulses  A group of MIT students just built a wearable device that lets an AI take the wheel on your hand. Literally. The system, called “Human Operator,” pairs Anthropic‘s Claude AI with electrical muscle stimulation to physically guide a user’s fingers and wrist through specific tasks.  How it works  Human Operator combines three technologies: Claude AI for reasoning and command interpretation, computer vision for understanding whats happening in front of the user, and electrical muscle stimulation, or EMS, to actually move the hand.  EMS isn‘t new. Physical therapists have used it for decades to help patients recover motor function after strokes or injuries. The technology sends small electrical pulses to specific muscles, causing them to contract. What’s new here is hooking that mechanism up to an AI that can decide which muscles to fire and when.  Here‘s how the loop works. A user speaks a command or presents a visual cue. Claude processes that input, determines the appropriate hand motion, and sends signals to the EMS device. The device then delivers electrical impulses that guide the user’s muscles in real time.  The system also incorporates voice input, meaning users can verbally instruct

05-19Industry

Tokenized RWA Market Cap Climbs to Record $33.7B

Tech  Tokenized RWA Market Cap Climbs to Record $33.7BEthereum Treasury inflows drive tokenized asset market to fresh highs globally.Hyperliquid and Solana accelerate institutional demand for blockchain RWAs worldwide.XRP Ledger and Canton Network highlight shifting dominance across tokenization markets.  The on-chain real-world asset sector continues attracting strong institutional and retail interest as tokenized asset value surged to a new record above $33.7 billion. Fresh capital inflows, expanding blockchain adoption, and rising demand for around-the-clock market access pushed the sector higher during recent weeks.  Nearly $1.5 billion recently entered Ethereum-based tokenized US Treasury products alone. The rapid expansion reflects growing confidence in blockchain infrastructure for traditional financial products. Besides, major financial firms continue launching new tokenized investment products, accelerating adoption across multiple blockchain ecosystems.  Franklin Templeton contributed to the latest growth wave after introducing its new tokenized product, iBENJI. Additionally, BlackRock‘s BUIDL fund maintained strong inflows, reinforcing Ethereum’s position within the tokenized Treasury market. Investors increasingly favor tokenized products because they offer faster settlement, greater accessibility, and continuous trading availability.  Hyperliquid and Solana Post Strong Growth  Activity surrounding tokenized assets also expanded sharply across decentralized trading platforms. Hyperliquids RWA open interest climbed to a record $2.6 billion, doubling its total from two months ago.  The sharp increase highlights rising

05-19Industry

Georgia primary to test crypto PACs support for Democratic candidate

The Protect Progress, a political action committee (PAC) affiliated with the cryptocurrency company-backed Fairshake PAC, has spent more than $4 million attempting to help secure a win for a George state representative running for the US House of Representatives.  On Tuesday, Georgia voters will decide on their candidate in the primary for the states 13th Congressional district, where state representative Jasmine Clark faces competition among Democrats. According to data from the Federal Election Commission, Clark has been the beneficiary of more than $4.2 million in spending on media by the Protect Progress PAC ahead of the primary, as crypto-aligned interest groups attempt to influence voters in key elections.  Source: FEC  Notably, Clark appeared to have deleted a social media post from March saying that “digital assets are the future and provide long-overdue financial tools for unbanked communities,” referencing the US Congress considering a crypto market structure bill. She also completed a questionnaire from the Coinbase-aligned organization Stand With Crypto, which said she was a candidate who “expressed strong support for establishing clear legislative and regulatory frameworks for digital assets in the United States.”  Protect Progress and its affiliates Fairshake and Defend American Jobs are expected to spend millions of dollars in 2026 to support

05-19Exchange

Goldman Sachs Offload, ETH, XRP, SOL ETF For Bitcoin

The post Goldman Sachs Offload, ETH, XRP, SOL ETF For Bitcoin appeared first on Coinpedia Fintech News  Goldman Sachs, Wall Street‘s most-watched bank, has completely offloaded its XRP and Solana ETF stakes and slashed Ethereum holdings by 70%. The latest filing now shows Bitcoin remaining as the bank’s dominant institutional crypto allocation despite growing volatility across the broader digital asset market.  Goldman Fully Exits XRP and Solana ETFs  According to Goldman Sachs latest Q1 2026 13F filing, the bank fully closed its ETF exposure tied to XRP and Solana.  The move marks a major shift from the previous quarter, when Goldman reportedly held roughly $154 million in XRP ETF exposure and over $100 million tied to Solana ETFs from issuers including Grayscale, Fidelity, and Bitwise.  Goldman Sachs Exits XRP and Solana ETF Positions, Cuts Ethereum ETF Holdings by 70%  Goldman Sachs latest 13F filing shows the bank fully exited its XRP and Solana ETF positions in Q1 2026 after previously holding around $154 million in XRP ETFs. The bank still holds roughly…  While the filing confirms those ETF positions no longer appeared by the March 31 reporting deadline, analysts noted the disclosure does not necessarily prove Goldman turned bearish on XRP or Solana directly.  13F filings only reveal

05-19Ethereum

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.Chamath Palihapitiya says consulting giants like PwC and Accenture are endangering their own businesses by directly embedding OpenAI or Anthropic tools without maintaining control over token generation.OpenAI launched the OpenAI Deployment Company with over $4 billion in funding at a $10 billion valuation, while Anthropic raised $1.5 billion for a rival enterprise services venture — both directly competing with traditional consulting firms.Palihapitiyas own firm, 8090, has partnered with EY on an AI-native software delivery platform called EY.ai PDLC, which he says gives consultants the “control plane” needed to route AI tokens to any model provider.  Billionaire venture capitalist Chamath Palihapitiya issued a stark warning to the consulting industry on May 17, calling out PwC and Accenture by name for what he describes as a self-defeating AI strategy — one that he says hands OpenAI and Anthropic the keys to their own replacement.  If you are running a consulting business and you are deploying Anthropic or OpenAI directly into your organization (Im looking at you PwC and Accenture) you are letting the fox into the hen house.  “If you are running a consulting business and you are deploying

05-19Industry
1
...
416418
...
1000