Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients

Charles Schwabs latest offering is currently unavailable to residents of New York, Louisiana, and users outside the United States.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  Charles Schwab has started rolling out its new Schwab Crypto accounts to retail clients, allowing users to trade Bitcoin and Ethereum directly through the platform alongside traditional investments, starting Tuesday.  The offering is currently available to most residents in the United States, although residents of New York, Louisiana, and US territories

05-14

Bitcoin price drops below $80,000 as U.S. investors lead selloff

After several failed attempts to rally above $82,200 over the past seven days, Bitcoin ($BTC) price fell below its psychological support level around $80,000 on May 13, amid low demand in the United States.  Bitcoin price has dropped nearly 3% over the past 7 days, trading at about $79,340 at press time. The flagship coin lost more than $2,176 per coin on Wednesday, hitting its lowest level in seven days.  $BTC/USD 7-day chart. Source: Finbold  Amid increased volatility in the past 24 hours, over $91.5 million was liquidated, with more than $77.5 million involving long traders, according to metrics from CoinGlass.  Bitcoin price succumbs to rising selling pressure in the U.S.  Bitcoin price slipped below $80,000 on Wednesday as United States investors remained predominantly cautious ahead of Thursdays markup reading for the Clarity Act – a proposed U.S. federal law seeking to legalize crypto assets. Furthermore, the recent $BTC price rally to reach above $82,200 was largely backed by leveraged traders, as Finbold explained.  Meanwhile, the Bitcoin Coinbase Premium Gap – difference between $BTC price on Coinbase and Binance – remained largely negative over the past 24 hours, according to data from CryptoQuant. Essentially, a negative Coinbase Premium Gap indicates that U.S. investors are not willing

05-14

BlackRock dumps over $170m of these two cryptocurrencies in a day

BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin ($BTC) and Ethereum ($ETH) sell-off on May 13 amid rising risk of crypto capitulation.  BlackRock deposited 861 $BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 $ETH, valued at around $103.15 million, to Coinbase Prime.  On-chain analysis for BlackRocks $BTC and $ETH. Source: Arkham Intelligence  As such, BlackRock dumped $172.68 million in crypto assets, thereby signaling a rising institutional shift. Furthermore, BlackRocks iShares Bitcoin Trust (IBIT) has now recorded 5 consecutive days of cash outflows totaling $235.21 million, bringing its total assets to $66.27 billion at the time of publication.  IBIT daily inflows. Source: SoSoValue  Similarly, BlackRocks iShares Ethereum Trust (ETHA) has recorded low demand over the past few days. On Tuesday, ETHA saw a net cash outflow of more than $102 million, thereby reducing its net asset holdings to $7.17 billion at press time.  ETHA daily inflows. Source: SoSoValueBlackRocks crypto selloff signals bearish sentiment  After leading spot crypto accumulation in early April, BlackRocks investors have shifted to a near-term bearish outlook. For instance, Bitcoin price gained nearly 12% in April 2026 after IBIT accumulated over $2 billion.  However, the flagship coin has struggled to rally beyond

05-14

Nigel Farage faces official inquiry over £5M Christopher Harborne gift

Reform UK leader Nigel Farage is to be the subject of an official inquiry by the UKs Parliamentary Standards Commissioner after it was revealed he received £5 million from Tether shareholder and Reform donor Christopher Harborne.  The money, which Farage says was a “gift” to help him pay for private security, rather than a political donation, was given in early 2024, just weeks before he decided to stand as a candidate in the general election.  Farage maintains that the money given to him before he became an MP was a “personal, unconditional gift,” and as such, he claims that he was under no obligation to declare it.  Opponents, however, say he broke commons rules by failing to declare it in the MPs register of interests once he had been elected.  According to the Commons code of conduct, MPs “must register all their current financial interests, and any registrable benefits (other than earnings) received in the 12 months before their election within one month of their election.”  It also outlines that “purely personal gifts or benefits” would not have to be registered.  However, the rules also state that “both the possible motive of the giver and the use to which the gift is to be put should

05-14

Cardano Price Prediction: ADA Faces Selling Pressure After Rejection at $0.288 Zone

Tech  Cardano Price Prediction: ADA Faces Selling Pressure After Rejection at $0.288 ZoneADA trades above major EMAs as bulls defend the broader breakout market structureOpen interest cooled near $550M as leveraged speculation steadily continued fadingNegative exchange netflows signal cautious sentiment despite ADA price stability  Cardano continued to defend its broader bullish structure this week, even as momentum slowed following a sharp recovery rally. The digital asset recently climbed toward the $0.288 region after breaking out from a prolonged consolidation phase near $0.25. However, buyers encountered stronger resistance near the latest swing high, forcing ADA into a tighter consolidation pattern around $0.273.  Despite the recent pause, the overall technical setup still favors bulls. ADA continues trading above its major exponential moving averages on the four-hour chart. Consequently, traders still view the broader structure as constructive unless key support zones fail.  The recent breakout also shifted market sentiment after several weeks of muted price action. Moreover, the rally attracted renewed speculative interest across derivatives markets before leverage cooled again during the latest pullback.  Key Levels Define ADAs Next Direction  Technically, ADA remains positioned above the 50 EMA at $0.2744, the 100 EMA at $0.2697, and the 200 EMA at $0.2634. This alignment usually supports bullish continuation when price

05-14

Oil Pulls Back as Trump-Xi Summit Keeps Markets on Edge

Tech  Oil Pulls Back as Trump-Xi Summit Keeps Markets on EdgeBrent crude fell 1.39% to $106.27, snapping a three-day rally on ceasefire uncertainty.EIA expects the Strait of Hormuz to stay closed through late May, shrinking global supply by 2.6 million bpd.Trump-Xi summit progress could ease oil prices, while renewed Hormuz tensions may push Brent toward $120.  Oil prices fell on Wednesday, breaking a three-day rally as investors took stock of a fragile Middle East ceasefire and positioned cautiously ahead of the Trump-Xi summit in Beijing. Brent crude futures declined 1.39% to $106.27 per barrel, while US West Texas Intermediate fell 1.53% to $100.62.  The Hormuz Problem Has Not Gone Away  The day-to-day price move masks a more serious structural problem. Iran‘s Kharg Island shipments, which handle a significant share of the country’s oil exports, have been halted for the longest continuous stretch since the war began. Saudi Aramco has warned of critically low fuel stocks.  The US Energy Information Administration (EIA) said on Tuesday it now expects the Strait to remain effectively closed through late May. The EIA estimates global oil stockpiles could shrink by 2.6 million barrels per day this year under current conditions, with Brent prices averaging around $106 per barrel through May

05-14

CoinMarketCap Warns Users About Fake CMC Token Scam

Tech  CoinMarketCap Warns Users About Fake CMC Token Scam  The company confirmed it has never launched an official token or coin and said all such promotions are scams. CoinMarketCap also warned about impersonators using fake accounts, emails, messages, and branded links to target users. The alert comes amid growing phishing activity in the crypto sector.  Crypto Users Warned Over Fake CoinMarketCap Coin  CoinMarketCap issued a fresh to crypto users after scammers began promoting fake “CMC Tokens” and falsely claiming they were connected to the popular cryptocurrency tracking platform. The company made it clear that it has never launched an official token or coin and warned users that any project or advertisement suggesting otherwise should be treated as a .  According to CoinMarketCap, fraudsters are using social media posts, advertisements, direct messages, and fake promotions to trick users into believing that the platform is introducing its own cryptocurrency. The company directly stated that “CoinMarketCap does NOT have a Token/Coin” and any promotion involving a so-called CMC token is fake.  CoinMarketCap also more details about the growing issue of impersonation scams in the crypto industry. The company explained that scammers have been pretending to represent CoinMarketCap by contacting users through fake accounts, , and messages.  In another public notice,

05-14

BREAKING: First Eagle Becomes Strategy Incs (MSTR) Largest Investor, Surpassing Vanguard

Tech  BREAKING: First Eagle Becomes Strategy Incs (MSTR) Largest Investor, Surpassing Vanguard  First Eagle Investment Management discloses a massive investment in Bitcoin treasury firm Strategy Inc (NASDAQ: MSTR). The firm surpasses Vanguard Group to become the largest investor in Michael Saylors company as it raises funds to aggressively purchase Bitcoin.  First Eagle Investment Management Invests $16.59 Billion in Strategy Inc  In a 13F filing with the US SEC, New York City-based First Eagle Investment Management reported a $16.59 billion investment in Strategy Inc. The firm purchased 20 billion of Strategy Incs 0% convertible senior notes due 2030.  Strategy position now represents 22% of First Eagle‘s investment portfolio. It indicates the firm’s confidence in MSTR stock amid corporate Bitcoin treasury. As CoinGape reported earlier, Strategy purchased Bitcoin worth $43 million after a week-long pause. The firm now holds 818,869 BTC valued at over $66 billion.  Notably, First Eagle Investment Management has become the largest investor, surpassing Vanguard Group‘s $3.65 billion investment in MSTR stock. Vanguard has yet to disclose its updated MSTR stock holdings for Q1 2026. However, Vanguard Group’s Mid-Cap Value ETF (VOE) increased its stake in Strategy by $195 million.  The firm also holds investments in Alphabet Inc, Becton, Dickinson Co, Wheaton Precious Metals, and Meta

05-14

Keel Infrastructure reports Q1 2026 net loss of $145M, shifts focus to AI and HPC development

Tech  Keel Infrastructure reports Q1 2026 net loss of $145M, shifts focus to AI and HPC development  Keel Infrastructure, the company that used to go by Bitfarms, just posted a $145 million net loss for the first quarter of 2026. Thats the kind of number that makes shareholders reach for the antacids.  The loss arrived alongside a 23% year-over-year revenue decline, with Q1 revenue landing at $37 million compared to $48 million in the same period last year. The company is in the middle of a sweeping transformation: abandoning Bitcoin mining in favor of artificial intelligence and high-performance computing infrastructure.  What went wrong this quarter  A $41 million decrease in the fair value of digital assets contributed significantly to the red ink. The company also absorbed $22 million in costs related to exiting a credit facility. And then there were the expenses tied to pulling out of Latin American operations entirely, including the sale of its Paso Pe site in Paraguay on April 21, 2026.  Adjusted EBITDA came in at negative $17 million for the quarter. On a per-share basis, the loss worked out to $0.21, missing analyst expectations by roughly 400%.  Between January 1 and May 8, 2026, the company sold 269 Bitcoin for approximately $20

05-14

BNB price eyes double bottom pattern breakout, will it move past $700?

BNB price has formed a double bottom on the weekly chart — May 13 | Source: crypto.news  Typically, a confirmed breakout above the neckline of a double bottom pattern signals a potential trend reversal and often opens the door for a rally equal to the height of the formation. Based on the current structure, a successful breakout above $680 could position BNB for a move toward the $780–$800 region in the coming months.  A look at other technical indicators also supports the improving bullish outlook. The MACD histogram has started turning positive after weeks of fading bearish momentum, while the MACD line appears to be curling upward toward a bullish crossover. This suggests that buying momentum may gradually be returning.  Meanwhile, the RSI has also rebounded from oversold territory and currently sits near the neutral 46 level, indicating that BNB still has room for additional upside before entering overbought conditions.  The recent recovery is also notable because BNB had been under pressure in recent months amid renewed scrutiny surrounding Binances compliance operations in the U.S. That uncertainty contributed to weaker sentiment earlier this year, though price action now suggests sellers may be losing control near the $580 support zone.  For now, the key resistance level

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