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Santiment: Bitcoin ETFs saw net outflows on 9 of the past 10 days; Ethereum’s negative sentiment is at its lowest level since 2023.

Santiment released its weekly market summary, noting that Bitcoin ETFs experienced net outflows on 9 of the past 10 trading days, with Bitcoin’s current price around $77,500; it interprets this as a sign of weakening retail investor confidence. Meanwhile, Ethereum market sentiment has fallen to its lowest level since 2023, though its number of non-zero addresses stands at 192.92 million—more than three times Bitcoin’s approximately 59 million. Santiment also pointed out that the current Bitcoin bullish-to-bearish commentary ratio has risen to 2.23, the highest level within 2026; historically, such elevated sentiment often precedes short-term pullbacks.

JPMorgan's Kinexys platform has surpassed $1.5 trillion in transaction volume since its launch in 2020

JPMorgan announced its blockchain platform Kinexys has exceeded $1.5 trillion in cumulative transaction volume since its launch in 2020, processing over $2 billion in daily transaction volume.Additionally, in May 2026, JPMorgan applied to launch a tokenized Treasury fund, built using the Kinexys blockchain infrastructure, designed to meet the reserve asset requirements for stablecoin issuers under the GENIUS Act. Its Q3 2025 13F filing shows JPMorgan increased its holdings of iShares Bitcoin Trust shares by 64% to 5.28 million shares, valued at approximately $343 million.Meanwhile, Kinexys and Digital Asset plan to bring JPM Coin to the Canton Network in 2026 to enable institutional deposit token settlements on public infrastructure. (financefeeds)

Bitdeer still maintains zero holdings, selling 201.6 BTC this week

Bitdeer, a Bitcoin mining company listed on Nasdaq, released its latest Bitcoin holdings data on the X platform. For the week ending May 22, its Bitcoin mining output was 201.6 BTC, but it sold 201.6 BTC during the same period, resulting in a net increase of 0 BTC. It currently maintains zero Bitcoin holdings.

U.S. New Strategic Bitcoin Reserve Bill Removes 1 Million BTC Purchase Target, Introduces 20-Year Lockup Period

the U.S. House of Representatives has introduced a new bipartisan bill, the "American Reserve Modernization Act of 2026" (ARMA), which aims to include Bitcoin held by the U.S. government in a strategic reserve and requires a minimum 20-year lock-up period.Unlike the previously proposed BITCOIN Act, the new bill no longer requires the U.S. government to purchase 1 million BTC. Instead, it primarily incorporates Bitcoin already held or acquired in the future through means such as criminal and civil forfeitures into the reserve. Additionally, the bill will establish a separate Digital Asset Stockpile to manage non-Bitcoin crypto assets held by the federal government.According to the draft, Bitcoin entered into the strategic reserve shall not be sold, exchanged, auctioned, hypothecated, or otherwise disposed of for 20 years. After the lock-up period ends, the Secretary of the Treasury may recommend selling up to 10% of the reserve assets within any two-year period.The bill also requires the government to publish quarterly reserve proofs and conduct third-party audits of its Bitcoin holdings. Supporters argue that the U.S. should not sell strategic digital assets but should hold them long-term as part of a modernized national reserve system.

“Federal Reserve June Interest Rate Decision” Prediction Event Goes Live on HIP-4 Testnet

according to community sources, the "Federal Reserve June Interest Rate Decision" prediction event has gone live on the HIP-4 testnet.Previously, Hyperliquid’s mainnet launched HIP-4, with the first offering being a BTC daily settlement prediction market.

Bitget Releases Bitcoin Pizza Day Short Film, Using Black Humor to Flip the “Crypto Is Dead” Narrative

On Bitcoin Pizza Day 2026, Bitget launched its global brand campaign “Flip the Slice,” centered around a musical short film titled *The Infinite Flip*. With lighthearted irony, the film transforms skeptics’ voices into an integral part of community culture—carrying forward the crypto ethos and narrative tension embodied by Bitcoin Pizza Day.

Bitcoin mining company MARA Holdings spends over $869,000 on vehicle armor for executives

According to MARA Holdings' latest DEF14A compensation filing, the company paid $4.3 million for CEO Fred Thiel's personal security-related expenses under its security plan, including a one-time vehicle armor cost of $430,000 and a home security installation cost of $58,000. Meanwhile, it paid $3.946 million for CFO Salman Khan's personal security expenses, including a one-time vehicle armor cost of $438,000.MARA Holdings' board stated that due to the company's public disclosure of holding a large amount of Bitcoin assets, executives face significantly higher risks compared to those at other public companies, making these security measures commercially relevant and necessary. (FT)

Circle: Tokenized Bitcoin cirBTC, natively backed 1:1 by Bitcoin, is launching soon

Jeremy Allaire, CEO of Circle, posted on X announcing that cirBTC is即将 launched. Circle Wrapped Bitcoin (cirBTC) is a tokenized Bitcoin backed 1:1 by native Bitcoin, issued by Circle on the Ethereum mainnet and the Arc network. Each cirBTC is backed 1:1 by native Bitcoin held in custody by regulated entities within the Circle group.

US lawmaker introduces the "American Reserve Modernization Act," proposing to include Bitcoin in a strategic reserve for at least 20 years

Odaily news – U.S. Representative Nick Begich has introduced the "American Reserve Modernization Act," which has garnered support from 16 original co-sponsors.The bill proposes establishing a strategic Bitcoin reserve, consolidating digital assets held by the federal government, and locking Bitcoin as a long-term reserve asset for at least 20 years. It also calls for studying budget-neutral Bitcoin purchase strategies and preventing future administrations or Congress from liquidating the reserves in question.Reports indicate that Trump had previously established a strategic Bitcoin reserve through an executive order, and this bill aims to formalize those arrangements into law. (Bitcoin News)

Hardware wallet manufacturer Foundation closes $6.4M funding round led by Fulgur Ventures

According to The Block, Foundation, a Bitcoin hardware wallet manufacturer, has raised $6.4 million in funding. The round was led by Fulgur Ventures, with participation from Arche Capital. The company plans to accelerate its expansion from Bitcoin self-custody wallets into identity authentication, multi-factor authentication (MFA), and AI agent authorization. Following this round, Foundation’s total funding has reached $16.5 million. Meanwhile, Foundation has announced the full commercial launch of its flagship device, the Passport Prime, and opened its KeyOS platform SDK to developers. The device integrates a Bitcoin hardware wallet, FIDO security key, 2FA storage, secure vault, and 50 GB of encrypted storage.

ARK Invest: Post-Quantum Cryptography Implementation and On-Chain Deployment Should Be Separated from the Handling of Quantum-Vulnerable Tokens

Odaily reports, ARK Invest stated that the choice of implementation for post-quantum cryptography and its on-chain deployment should be kept separate from the handling of tokens that remain quantum-vulnerable. (Bitcoin News)

Exodus Resumes Accumulating BTC, ETH, and SOL in April, with Nearly $350 Million in Transaction Volume

According to GlobeNewswire, cryptocurrency wallet provider Exodus Movement released its April operational data report. After selling over 1,000 BTC from its reserves in Q1 to fund the acquisition of a payment business, the company resumed accumulating BTC, ETH, and SOL in April. Its holdings of all three assets increased compared to the end of March, standing at 629 BTC, 1,872 ETH, and 19,234 SOL. Additionally, Exodus processed $347 million in transactions in April, while its monthly active users remained stable at 1.5 million—nearly unchanged from March.

OKX Pizza Day event officially launched, multiple ways to compete for 18.88 BTC

According to official sources, the OKX Pizza Day event is now officially open, running from now until May 29 at 11:00 (UTC+8). During the event, new users who trade a cumulative volume of 100 USDT can receive a 50 USDT reward and 1 ingredient card. Meanwhile, users can also participate in various interactive activities such as BTC hash prediction and collecting ingredient cards to create a crypto pizza, sharing a prize pool of 18.88 BTC.

K33 Releases Q1 2026 Financial Results: Revenue Up 64% Year-on-Year, Net Loss Widens

According to K33’s official announcement, K33 AB (publ) released its Q1 2026 interim report on May 21, 2026. Revenue for the quarter reached 739,822 kSEK, representing a 64% year-on-year increase and a 73% sequential increase, despite an approximately 15% decline in overall spot market trading volume during the period. K33 Markets’ rolling 12-month trading volume amounted to approximately SEK 2.7 billion. Impacted by the decline in Bitcoin’s price, the quarter’s net loss widened to -35,815 kSEK (compared to -4,033 kSEK in the same period last year), with EBITDA at -6,103 kSEK. Operationally, K33 launched a crypto-asset collateralized lending service this quarter, completed a major platform upgrade with full bank integration, and expanded its Bitcoin strategic exposure through the acquisition of a 46% equity stake in Sixty Six Capital. The company stated it is prepared for MiCA compliance approval, which is expected in late Q2. Following the end of the quarter, Bitcoin’s price rebounded significantly, positively impacting the valuation of the Group’s Bitcoin exposure.

Cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million.

According to CoinDesk, cryptocurrency custody firm Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist with the transaction. Copper’s core asset is its ClearLoop custody-based settlement system, which enables institutional clients to execute delivery versus payment (DvP) transactions without moving assets on-chain, effectively eliminating settlement risk. The company currently boasts over 1,000 active counterparties and processes over $50 billion in notional trading volume monthly. Copper had previously considered an IPO, but the broader crypto IPO market has entered a wait-and-see phase amid sluggish Bitcoin prices and the capital-attracting effect of the AI sector.

JUST GasFree Carnival Month Pizza Festival Special Rewards Are Live—Join Now to Compete for a Share of the Prize Pool

JUST has specially launched the GasFree Pizza Festival, with a prize pool of up to $300 USDT. From now until May 24, we warmly invite users worldwide to join this delicious “Zero-Gas” exploration journey. Participation is simple: follow @DeFi_JUST, like and retweet this post, share your GasFree address or wallet screenshot in the comments, include the hashtag #JUSTGASFREE, tag three friends, and write: “Come create your GasFree address and claim your free Bitcoin pizza rewards!”—and you’ll secure your spot to win. This event features an upgraded prize pool mechanism: the base reward starts at $100 USDT, and if participation exceeds 300 users, the prize pool instantly jumps to $300 USDT—dramatically boosting your chances! Join this vibrant celebration where “Zero-Gas” freedom meets mouthwatering rewards—and make your Pizza Day smoother and more exhilarating with GasFree!

BIT: HYPE Doubles from Its 2026 Low, Becoming the Most Momentum-Driven Token in the Crypto Market

According to independent analyst Markus Thielen, HYPE has become one of the strongest-performing tokens in the crypto market since the outbreak of the Iran conflict, surging over 100% from its 2026 lows—with particularly pronounced outperformance relative to Bitcoin. The core driver behind this strength lies in Hyperliquid’s ongoing expansion beyond crypto into other asset classes, having successively launched TradFi-linked products such as oil and SpaceX perpetual contracts, thereby attracting substantial capital inflows. Thielen notes that this trend reflects a broader acceleration by crypto exchanges into high-volatility, topical traditional financial derivatives—and signals that the intrinsic value of crypto infrastructure itself is gradually surpassing the crypto narrative. Although HYPE is already a highly crowded long position with strong conviction among market participants, its current momentum remains robust.

Bitcoin News: Pro-Bitcoin US Congressman Thomas Massie Concedes Defeat in Kentucky Primary

Bitcoin News posted on X platform, stating that pro-Bitcoin US Congressman Thomas Massie has conceded defeat in the Kentucky primary, saying: "Welcome to the most expensive congressional primary in the nation's 250-year history."

Zcash Foundation Q1 Report: Total Liquid Assets Reach Approximately $36.7 Million, ZEC Holdings Exceed 85,000 Coins

The Zcash Foundation released its Q1 2026 report, disclosing total liquid assets of approximately $36.7 million, including roughly $12.11 million in cash, 506,556 USDC, 85,412 ZEC (valued at ~$21.2 million), 41.8 BTC (valued at ~$2.85 million), and 12.02 ETH (valued at ~$25,000). The Zcash Foundation added that, although the first quarter of this year saw personnel changes within the Electric Coin Company’s development team and governance-related disputes, network operations remained unaffected, with transactions and block production continuing normally. On the regulatory front, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation without taking any enforcement action, thereby resolving long-standing regulatory uncertainty.

Hut 8 to Invest $16 Million in Louisiana to Support AI Data Center Construction

According to PRNewswire, Nasdaq-listed Bitcoin mining company Hut 8 announced an agreement with West Feliciana Parish in Louisiana, U.S., to invest $16 million locally to support the construction of an AI data center. The funds will be used to expand the local water supply system for the River Bend AI Data Center campus.