Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal

KDDI, one of Japans largest telecom companies, is set to hold a 14.9% stake in local crypto exchange operator Coincheck Group (CNCK) after agreeing to a $65 million deal.  The telecom giant will subscribe for 28.5 million newly issued Coincheck Group shares at $2.28 each, Coincheck said on Wednesday. The deal is expected to close in June.  Coincheck and KDDI also signed what both firms called a business alliance covering customer referrals, revenue sharing and referral fees. The companies said the partnership is aimed at expanding crypto access in Japan through KDDI‘s consumer channels and Coincheck’s trading, custody, staking and asset-management services.  KDDI has been building around crypto and Web3 since at least 2023, when it launched αU, a metaverse and Web3 service with a non-fungible token (NFT) marketplace and crypto wallet.  The company deepened that push through a capital and business alliance with HashPort, a Japanese Web3 wallet developer. The deal was tied to plans allowing users to convert Ponta loyalty points into stablecoins and crypto, and convert those assets into au PAY gift cards.  KDDI will receive registration rights for the shares and the right to nominate one non-executive director to Coincheck Groups board at its next annual general meeting, expected in September.  Coinchecks

05-14

JPMorgan Files Tokenized Money Market For Stablecoin Issuers

Bloomberg analyst Eric Balchunas said JPMorgans JLTXX is also a “big deal” because the 0.16% fee is low for a money market fund with a stable asset value.  JPMorgans blockchain use cases  The launch of JLTXX follows JPMorgans first tokenized product, My OnChain Net Yield Fund, or MONY, which launched in December and also runs on Ethereum. MONY holds short-term debt securities designed to deliver returns higher than bank deposit rates, with interest and dividends accruing daily.  The filing for JLTXX also comes after a pilot transaction JPMorgan participated in last week, in which the first tokenized US Treasury fund moved from the US via XRP Ledger and interbank rails to one of JPMorgans Singapore bank accounts in a matter of seconds.  In April, Morgan Stanley launched the Stablecoin Reserves Portfolio, which allows stablecoin issuers to park reserves backing their fiat-pegged tokens in one of the banks money market funds while earning interest.  However, the International Monetary Fund flagged several concerns about tokenization in a report in April, arguing that tokenization shifts risk from the banking system to shared ledgers and smart contract code, making it more difficult to intervene during “stress events.”  The IMF added that without legal clarity over ownership records and settlement finality,

05-14

KULR Technology Deposits 300 BTC Into Coinbase Prime as Unrealized Losses Near $18 Million

Onchain data published Wednesday shows KULR, a tech company focused on thermal management and energy storage, moving 300 bitcoin into Coinbase Prime, a transfer analysts say looks less like a custody shuffle and more like a sell.  Key Takeaways:KULR deposited 300 $BTC ($24.36M) into Coinbase Prime on May 13, 2026.KULRs 1,021 $BTC position, bought at a $98,627 average, carries roughly $17.8M in unrealized losses.The move aligns with a 99% drop in non-Strategy corporate $BTC buying in 2026, per Cryptoquant.  SALE OR COLLATERAL?  KULR Technology Group (NYSE: KULR), the thermal energy management firm that launched a bitcoin treasury strategy in December 2024, deposited 300 bitcoin (valued at approximately $24.36 million) into Coinbase Prime, the institutional trading and custody arm of Coinbase, on Wednesday. The transfer occurred roughly three hours before the alert went live on X, pointing to the movement as a possible liquidation signal.  KULRs recent $BTC offload, per Arkham  KULRs last publicly disclosed position stood at 1,021 $BTC as of July 2025, accumulated for a combined outlay of roughly $101 million at an average cost of $98,627 per coin. And, with bitcoin trading near $81,000 at the time of the deposit, the company is sitting on an unrealized loss of approximately $17.8 million across

05-14

Worldcoin remains overlooked amid AI-driven demand for Proof of Human verification

The rise in non-human activity and content across multiple domains, such as IT, content creation, and Fin-tech, is fueling the need for Proof of Human verification systems, like Worldcoin ($WLD). Vercels integration of World Networks World ID into its agentic infrastructure, and one of the largest privately held $WLD stakes by Eightco Holdings (ORBS), reflects growing adoption of Proof of Human systems.  However, the falling $WLD price in the spot market positions the identity token as overlooked and underrated, waiting for its next bull cycle.  Worldcoin awaits the Proof of Human narrative to catch up with rising AI demand  The “double human” problem is increasing in the real world, driven by AI agents and deepfakes. Non-human activity is rising across fields such as content creation, trading, and software development, driven by easier task generation and automation.  Fundstrat data shows that “non-humans” accounts generate 75% of trading volume on PolyMarket, 53% of web traffic, 47% of emails sent, 44% of US equity buy-side execution, 35% of new websitecreation, and 30% of online product reviews.  Eightco treasury is worth roughly $333 million as of May 6, with 283 million $WLDtokens, representing 8.53% of the circulating supplyand valued at around $80 million. This reflects the Eightco Holdings confidence

05-14

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

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