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  • Ethereum Foundation sees 2 more high-profile departures
    Cointelegraph.com - 07:04 May 19, 2026
    Ethereum Foundation sees 2 more high-profile departuresEthereum Foundation researchers Julian Ma and Carl Beek have resigned, bringing the total number of major departures from the nonprofit to at least eight in 2026. The Ethereum Foundation saw the resignations of two top researchers on Monday, bringing the total number of high-profile departures at the organization to at least eight in recent months. Julian Ma and Carl Beek, both researchers at the Ethereum Foundation, ended their respective four and seven-year tenures at the organization. Ma contributed to Ethereum’s censorship-resistant properties and cross-layer bridge algorithms and strategy, while Beek contributed to the early design of the Beacon Chain, which introduced proof-of-stake to the blockchain. Read more
  • Hut 8 to fund Louisiana water system expansion tied to AI campus
    Cointelegraph.com - 07:00 May 19, 2026
    Hut 8 to fund Louisiana water system expansion tied to AI campusThe Bitcoin miner said the investment will support development of its River Bend AI data center campus as the company expands its long-term AI infrastructure business. Bitcoin miner Hut 8 committed $16 million to expand water capacity in West Feliciana Parish, Louisiana, as part of development plans for its River Bend AI data center campus. According to a Tuesday announcement, the investment includes a new water well, about eight miles of water main and other system upgrades. Hut 8 said the assets will be transferred to the parish after completion, which is expected in the second half of 2026, at no cost to taxpayers. Hut 8 said Phase 1 of the River Bend campus represents a multibillion-dollar capital investment and is expected to support about 1,000 construction workers at peak build-out and at least 75 permanent jobs once operational. Read more
  • BitGo creates modular digital asset infrastructure model for banks
    Cointelegraph.com - 07:00 May 19, 2026
    BitGo creates modular digital asset infrastructure model for banksThe platform combines crypto custody, trading, settlement, staking and stablecoin infrastructure services for banks and financial institutions. Crypto custody company BitGo launched a modular digital asset infrastructure platform for banks combining custody, trading, settlement, staking and stablecoin services for financial institutions exploring crypto products and onchain payments. The company said banks can integrate services individually while maintaining control over compliance, governance and client-facing operations. BitGo said the platform is already being used by institutions including Erebor Bank, Banco de Crédito del Perú, TowerBank and InvestiFi. BitGo said the system also includes “crypto-as-a-service” tools that allow banks to offer custody, wallet and trading services under their own branding. The company said institutions can adopt products in stages based on operational and regulatory requirements. Read more
    Tags: BitGo
  • About 10% of Americans used crypto in 2025, highest level since 2022: Fed
    Cointelegraph.com - 05:13 May 19, 2026
    About 10% of Americans used crypto in 2025, highest level since 2022: FedAmong those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages. About one-tenth of US adults said they used or invested in crypto in 2025, the highest level in three years, according to a Federal Reserve report on the economic well-being of households.  Roughly 10% used crypto for any reason, up from 2023 and 2024, according to the Fed report published on Wednesday. Despite the rise, 2025’s figures still fell short of crypto adoption seen in 2021, when 12% of Americans reported having used crypto for any reason.   Read more
  • Echo Protocol's eBTC exploited for $77M in admin key compromise
    Cointelegraph.com - 04:52 May 19, 2026
    Echo Protocol's eBTC exploited for $77M in admin key compromiseThe hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC. Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain. Blockchain security firm PeckShield and analytics platform Lookonchain both reported the incident on Tuesday, noting that a hacker minted 1,000 synthetic Bitcoin (eBTC) worth around $76.7 million. “We are currently investigating a security incident impacting the Echo bridge on Monad.  All cross-chain transactions remain suspended while the investigation is underway,” Echo Protocol said on Tuesday.   Read more
  • Ether pullback was ‘attractive opportunity’ for 71,672 ETH buy: Bitmine’s Lee
    Cointelegraph.com - 04:21 May 19, 2026
    Ether pullback was ‘attractive opportunity’ for 71,672 ETH buy: Bitmine’s LeeBitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year. Bitmine Immersion Technologies chairman Tom Lee says the crypto treasury company took advantage of a recent Ether price drop under $2,200 to scoop up another 71,672 Ether for its stockpile. Ether (ETH) has traded between $2,081 and $2,341 over the past seven days. It was trading at $2,128 as of Tuesday and was down 8.7% over the same period. “Over the past week, we acquired 71,672 ETH. We view the recent pullback of ETH to below $2,200 as an attractive opportunity. Bitmine is expected to reach the alchemy of 5% sometime in 2026,” Lee said on Monday. Read more
  • SEC to make ‘innovation exemption’ for tokenized stock trading: Report
    Cointelegraph.com - 02:37 May 19, 2026
    SEC to make ‘innovation exemption’ for tokenized stock trading: ReportSeveral SEC officials reportedly didn’t support the decision, while tokenization platform Securitize flagged risks with enabling third-party platforms to issue tokenized stocks. The US Securities and Exchange Commission is reportedly making an “innovation exemption” for blockchain-based tokenized trading of public companies, even those that don’t consent to the third-party tokens tracking their share prices. Bloomberg reported on Monday that the exemption could come as early as this week, expanding the trading of public companies beyond traditional stock exchanges to decentralized crypto platforms.  The SEC reportedly spoke with “hundreds of market participants” for feedback on how best to tailor the rules for tokenized trading and proposed that third-party tokens carry the same benefits as common stock, such as voting rights and dividends, or risk being delisted. Read more
    Tags: Report
  • Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?
    Cointelegraph.com - 23:40 May 18, 2026
    Retail Bitcoin investor demand falls by 73% as futures selling tops $2B: Are the bears back?Bitcoin retail inflows to Binance remained at record lows as aggressive BTC futures selling and weakening spot demand pressured BTC below $77,000. Bitcoin (BTC) retail investor activity on Binance has fallen to its lowest level in history. Retail BTC inflows on Binance now average near 314 BTC per month in 2026, down sharply from the 1,200 BTC range recorded in March 2024. Bitcoin’s recovery in May also slowed as spot inflows on Binance weakened, with the 30-day net demand growth falling 73% over the past three weeks. CryptoQuant analyst Darkfost said retail Bitcoin inflows to Binance remained near its historic lows. The metric tracks BTC deposits from wallets holding less than 1 BTC, a common signal for retail investor activity. Read more
  • Odds against rate cuts high as new US Fed chair set for swearing in
    Cointelegraph.com - 22:49 May 18, 2026
    Odds against rate cuts high as new US Fed chair set for swearing inMany experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates. Kevin Warsh is set to be sworn in as the next chair of the US Federal Reserve Board of Governors on Friday amid speculation about whether he'll do what US President Donald Trump hopes he does: Lower interest rates once in office. On Wednesday, the US Senate voted largely along party lines to confirm Warsh as the next Fed chair, succeeding Jerome Powell. While Trump nominated both Fed governors in different terms, the president repeatedly threatened to fire Powell in recent months, saying that the Fed chair “should be lowering interest rates.” Source: Kalshi Read more
    Tags: Odds
  • Galaxy secures New York BitLicense to expand institutional crypto services
    Cointelegraph.com - 22:20 May 18, 2026
    Galaxy secures New York BitLicense to expand institutional crypto servicesThe NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets. Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS), allowing it to expand regulated digital asset services to institutional clients in the state. The company said Monday that the approvals were granted to its subsidiary, GalaxyOne Prime NY, which provides trading and financing services to institutional investors. The licenses extend Galaxy’s regulatory reach into New York, one of the most tightly regulated jurisdictions for cryptocurrency businesses in the United States. Read more
  • Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expect
    Cointelegraph.com - 21:47 May 18, 2026
    Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expectBitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal. Key takeaways: Bitcoin (BTC) faced a rejection following a failed attempt to break above $82,000 on Thursday. A subsequent retest of the $76,000 level on Monday triggered $400 million in liquidations for bullish Bitcoin positions over a four-day period. While traders’ confidence took a hit from the 7% price decline, the prospects for recovering the $80,000 mark remain valid. Read more
    Tags: Bitcoin
  • Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin mining
    Cointelegraph.com - 21:28 May 18, 2026
    Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin miningHosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing. Digital infrastructure company Soluna Holdings reported strong first-quarter revenue growth as expanding data center operations helped offset weaker returns from cryptocurrency mining. Revenue rose 58% from a year earlier to $9.4 million and increased 2% from the previous quarter, according to the company’s earnings report released Monday. It was Soluna’s fourth-consecutive quarter of sequential revenue growth. The gains were driven by additional capacity coming online at the company’s Dorothy and Kati sites in Texas. Data center hosting generated $6.7 million in revenue, while cryptocurrency mining contributed roughly $2.2 million, down from nearly $3 million the year before, as Bitcoin mining economics deteriorated.  Read more
  • Georgia primary to test crypto PAC’s support for Democratic candidate
    Cointelegraph.com - 21:20 May 18, 2026
    Georgia primary to test crypto PAC’s support for Democratic candidateA political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia. 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 Georgia state representative running for the US House of Representatives. On Tuesday, Georgia voters will decide on their candidate in the primary for the state’s 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 Read more
  • Bitcoin’s trend defining battle starts at the $74K support: Analyst
    Cointelegraph.com - 19:57 May 18, 2026
    Bitcoin’s trend defining battle starts at the $74K support: AnalystBitcoin traders are closely watching the $74,000-$75,000 support zone as exchange inflows rise and market signals weaken following BTC's loss of momentum above $82,000. Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years.  Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support test of the current bear market. The analyst pointed to the role that the price range played during the last two years. In 2024, Bitcoin struggled to break above the range during a seven-month-long consolidation. In Q1 2025, the same area held as support before BTC rallied toward its cycle highs at $126,000. Read more
  • Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA
    Cointelegraph.com - 17:58 May 18, 2026
    Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADABitcoin dropped to the crucial $76,000 support level while large-cap altcoins sold off sharply. Do technical charts suggest that traders will buy the dip? Key points: Bitcoin (BTC) came under pressure on Monday after US President Donald Trump warned Iran that the “clock is ticking” and they better get moving fast. Analyst CryptoRover said in a post on X that a potential US military operation against Iran “is extremely dangerous for $BTC.” Institutional investors also seem to be turning cautious in the short term. According to SoSoValue data, spot BTC exchange-traded funds recorded $1 billion in weekly net outflows. That was the first net outflow after six successive weeks of inflows totaling $3.4 billion. Read more
  • Minnesota legalizes crypto custody services for banks, credit unions
    Cointelegraph.com - 17:52 May 18, 2026
    Minnesota legalizes crypto custody services for banks, credit unions  Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1. Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House of Representatives, Bernie Perryman, said in March that the bill was intended to ensure that “Minnesota-based financial institutions are allowed to evolve alongside their customers and members rather than forcing Minnesotans to rely on unregulated, out-of-state or offshore providers for services.” Read more
  • Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment
    Cointelegraph.com - 17:01 May 18, 2026
    Crypto funds see $1B in outflows as Iran tensions revive risk-off sentimentInstitutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows. Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Read more
  • Ethereum traders say bears ‘in control’ after ETH price drop to $2K
    Cointelegraph.com - 15:36 May 18, 2026
    Ethereum traders say bears ‘in control’ after ETH price drop to $2KEther price fell sharply below $2,100 as increasing sell pressure on Binance and persistent ETF outflows fueled bearish momentum. Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Data from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD hit $2,090 on Bitstamp, its lowest level since April 17. Read more
    Tags: Ethereum
  • Hyperliquid eyes 55% price rise after Silicon Valley investor's 'massive HYPE buy'
    Cointelegraph.com - 15:10 May 18, 2026
    Hyperliquid eyes 55% price rise after Silicon Valley investor's 'massive HYPE buy'A bullish long-term chart pattern puts HYPE on track for a potential rally above $70 this year, with a16z-linked accumulation and fresh institutional catalysts strengthening the case. Hyperliquid DEX's native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month. Key takeaways: HYPE appears to be forming a cup-and-handle pattern, a classic bullish continuation setup. Read more
  • UK proposes near-24/7 settlement to prepare markets for tokenization
    Cointelegraph.com - 14:59 May 18, 2026
    UK proposes near-24/7 settlement to prepare markets for tokenizationThe FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability. The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority to prepare UK wholesale markets for tokenized finance. The proposal seeks to add weekend and extended daily operating hours to the central bank's settlement mechanism, Real-Time Gross Settlement (RTGS), and the Clearing House Automated Payment System (CHAPS). The Bank of England said the expanded operating hours would support cross-border payments and new payment and settlement models as tokenization develops. Read more

9894 items