News linked to both this project and an event.
U.S. financial services giant Charles Schwab has begun a phased rollout of its "Schwab Crypto" service to eligible retail clients in the United States, allowing users to directly trade Bitcoin and Ethereum.According to official information, users can view and manage their crypto assets directly through their existing Schwab accounts. Custody is handled by Charles Schwab Premier Bank, with Paxos providing the underlying custody and trade execution services.The platform charges a trading fee of 0.75% of the transaction amount and currently does not support deposits or withdrawals from external wallets. Additionally, the service is not yet available to residents of New York State or Louisiana.Charles Schwab currently manages approximately $12 trillion in client assets, and its clients already hold about 20% of the asset share in U.S. spot crypto ETFs. (FinanceFeeds)
according to the official announcement, Gate Smart Leverage has now officially added support for XAUT, XAG, and CL, further expanding trading scenarios for popular assets such as gold, silver, and crude oil, helping users capture trend opportunities more flexibly amid market fluctuations.As an innovative structured derivative pioneered by Gate, Smart Leverage supports leverage of up to 200x and waives the forced liquidation mechanism during the holding period. It is not affected by short-term extreme market conditions or "wicks," making it more suitable for users employing trend trading and swing strategies. Additionally, the product caps risk exposure. The maximum potential loss for a user is limited to the principal of a single subscription, with no risk of liquidation or additional debt. Currently, Gate Smart Leverage supports various popular assets, including BTC, ETH, XRP, SOL, HYPE, SUI, XAUT, XAG, CL, and others.
Charles Schwab has initiated spot cryptocurrency trading for its U.S. retail clients, rolling out BTC and ETH trading channels in phases through infrastructure supported by Paxos, with a trading fee rate of 0.75%. (Solid Intel)
Bitget has launched a new CandyBomb campaign with a total prize pool of 55,000 BILL tokens. New users can earn up to 550 BILL tokens per person by completing tasks such as net deposits and futures trading. Detailed rules are available on the official Bitget platform. Eligible users must click the “Join Now” button to register before participating. The campaign runs from May 13, 18:00 to May 20, 18:00 (UTC+8).
Odaily Planet Daily reported, according to the official announcement, that Upbit will list UP2 in KRW, BTC, and USDT trading pairs.
CryptoQuant analyst Darkfost stated on X platform that although the U.S.-Iran conflict and inflationary pressures continue to pose challenges to the market, the altcoin market has recently begun to show signs of recovery. After experiencing an overall correction of over 50%, the altcoin sector is gradually regaining activity. This round of adjustment is not only affected by the BTC correction but is also related to market token dilution. Currently, there are approximately 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% on BNB Smart Chain. Recently, the overall performance of altcoins listed on Binance has recovered to levels seen since September 2025. Currently, about 21% of altcoins listed on Binance have reclaimed the 200-day moving average, compared to only 2% in February of this year that remained above this key technical level. Darkfost believes this indicates a gradual resurgence of market interest in altcoins, serving as an important signal for investors looking to allocate to altcoins. However, it is still too early to declare the start of an altcoin season, as market liquidity remains limited.
According to Bitcoin Magazine, Block’s payment platform Square has enabled Bitcoin payments by default for approximately one million U.S. merchants. Eligible merchants can accept BTC payments via the Lightning Network, with the system converting payments to U.S. dollars nearly in real time in the background—settling transactions in USD by default to mitigate exchange-rate volatility risk. This automatic rollout began on March 30, reaching a peak rate of one new merchant enabling the feature every eight seconds. Block also stated it is advancing tap-to-pay Bitcoin functionality leveraging NFC and the Lightning Network, and continues expanding Bitcoin payment and self-custody-related products across its ecosystem.
Charles Schwab is rolling out Schwab Crypto™ accounts to retail clients in phases. Starting today, the first group of clients can trade Bitcoin and Ethereum on the Charles Schwab platform and manage them alongside their other investment products.
Coinbase announced the expansion of its on-chain crypto-backed lending product, adding Solana as a supported collateral asset. Users can now borrow up to $100,000 in liquidity based on their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure of previously supported loans backed by Bitcoin, Ethereum, and other crypto assets.Ben Shen, Head of Financial Services at Coinbase, stated that introducing SOL as a collateral asset will enhance capital efficiency and the liquidity experience for users within the Solana ecosystem, while strengthening its "Everything Exchange" strategy—covering more crypto financial scenarios through a single platform. (The Block)
crypto research institution Delphi Digital has released its latest report, "How Far Can Saylor Stretch It," providing a systematic analysis of Strategy's Bitcoin (BTC) capital expansion mechanism. It indicates that the company's financing structure is transitioning from a phase of "low-cost accumulation" into one of "diminishing marginal efficiency."The report shows that within the current asset accumulation system centered on Bitcoin, STRC has become the core financing tool for Strategy's continued BTC purchases. Initially, the company relied on a significant premium in MSTR's stock price (with mNAV far exceeding BTC's net asset value) to create a positive cycle where "issuing shares meant increasing holdings." However, as valuations have receded to approximately 1.24 times the base mNAV of enterprise value, the BTC-per-share accretion effect from common stock issuance is approaching a break-even point.Meanwhile, while convertible bonds have played a crucial role historically, they have accumulated a principal of approximately $8.2 billion and face concentrated repayment pressure after September 2027, putting long-term strain on the sustainability of the financing structure.STRC provides Strategy with a continuous source of financing—used to maintain its BTC buying pace—by offering yield-seeking investors an approximately 11.5% annualized monthly dividend. However, this mechanism also introduces ongoing cash flow obligations, meaning that each round of financing simultaneously builds future dividend burdens while increasing BTC assets.The report emphasizes a key risk scenario: if BTC's price remains stagnant and MSTR's premium fails to recover, the "gains from STRC-financed coin purchases" could be progressively offset by "common stock dilution and dividend obligations." Although the company's approximately $2.25 billion cash reserve can cover its roughly $1 billion redemption pressure in 2027, its larger debt and dividend structure in 2028 remains unresolved.Furthermore, STRC's current authorized issuance limit of approximately $28.3 billion serves as a critical constraint. Once this limit is reached, the capacity for new BTC purchases may slow, yet existing dividend obligations will persist—thereby altering the overall dynamic growth trajectory of BTC per share.
Genius Group, a Nasdaq-listed bitcoin treasury company, has disclosed a strategic investment of $5 million in digital bank Jewel Bank, acquiring a 9.9% equity stake in the company. It is reported that Jewel Bank is developing a U.S. dollar stablecoin, JUSD, planned to be backed by a 1:1 reserve of cash and U.S. Treasury bonds, with a target launch in the second half of 2026. The bank will also launch a real-time settlement system and offer white-label banking and stablecoin infrastructure services for enterprises. Following this investment, Genius Group will enter the regulated digital banking and stablecoin issuance sector. (Globenewswire)
According to data released by Glassnode on platform X, the relative unrealized loss of Bitcoin long-term holders (LTH) briefly reached approximately 15% in early April. Compared to levels exceeding 75% during historical deep bear market cycles, the impact of this market correction on long-term holders is notably lighter.The analysis points out that while recent price pullbacks have caused some paper losses, the overall pressure remains far below historical cycle lows, indicating that the current decline has not yet posed a substantive test to the conviction of long-term holders. Structurally, this adjustment is more characteristic of mid-term volatility rather than a full-scale cyclical capitulation event.
Odaily Planet Daily reported that Starknet, the Ethereum Layer 2 network developed by StarkWare, has officially launched strkBTC. This is a new Bitcoin-based asset designed to achieve private balances and anonymous transfers through zero-knowledge proof (ZK) technology while maintaining composability with DeFi applications. After its launch, strkBTC supports "re-anonymization," allowing assets to be bridged back to entirely new, unlinked Bitcoin addresses, and also provides compliance audit and asset screening features. (The Block)
Bitdeer has released its production and operations report for April 2026: self-mining hash rate reached 65.5 EH/s, a significant increase of 400% year-on-year; 783 BTC were mined during the month, up 372% year-on-year. The next-generation SEALMINER A4 mining machine has entered mass production, with energy efficiency as low as 9.45 J/TH. The hosting lease agreement in Tydal, Norway, has entered advanced negotiation stages. The AI Cloud business achieved an Annual Recurring Revenue (ARR) of $69 million, a quarter-over-quarter increase of 60%, with a utilization rate of 92%.
Wintermute released its weekly market analysis, covering the week ending May 11. During this period, BTC broke above $80,000 for the first time since January, peaking near $83,000 and decisively crossing its 200-day moving average—a resistance level that had held for seven months. However, Wintermute noted that this rally was primarily leveraged-driven: open interest surged by $10 billion month-on-month to $58 billion, while spot trading volume hit a two-year low—classic hallmarks of a short squeeze rather than a healthy breakout. Funding rates remain skewed bearish, indicating further short-covering potential in the near term; yet covering shorts does not equate to genuine bullish consensus. Looking at medium- to long-term fundamentals, institutional buying logic remains intact: BTC ETFs posted $623 million in net inflows for the week; Morgan Stanley’s BTC ETF attracted $194 million in its first month with zero net outflows on any single day; and BTC reserves held on exchanges remain at a seven-year low. Nevertheless, Wintermute cautioned that the RSI has entered overbought territory, and if spot buying fails to materialize after the squeeze concludes, prices face significant risk of a rapid correction. On the macro front, the Nasdaq rose 4.5% and the S&P 500 gained 2.3% for the week—both hitting all-time highs. Nonfarm payrolls significantly exceeded expectations (115,000 vs. forecast 65,000). U.S.-Iran negotiations collapsed, with Iran demanding sovereignty recognition and reparations—terms rejected by Trump. Oil prices swung violently between $88 and $113 per barrel during the week, yet equity markets reacted indifferently. Key events to watch this week:
Wintermute’s weekly market report indicates Bitcoin recently broke through $80,000 and briefly touched around $83,000, while also reclaiming the 200-day moving average for the first time in seven months. However, this rally is clearly more driven by leveraged capital rather than spot buying.The report notes that over the past month, Bitcoin open interest increased by approximately $10 billion, while spot trading volume dropped to a two-year low, a classic short squeeze scenario. Although ETFs still recorded net inflows of $623 million and BTC reserves on exchanges fell to a seven-year low, the current RSI has entered overbought territory. If spot buying fails to sustain after the short squeeze ends, BTC prices could face a rapid correction risk.Wintermute also stated that the current crypto market rally is more driven by the strength of US equities and the resonance of leverage, rather than an independent bull market narrative. Upcoming US CPI data and changes in Federal Reserve policy expectations will be key factors in determining whether BTC can stably hold above $80,000.
According to the official announcement, HTX has officially launched its “7th Leveraged Trading Competition,” with a total prize pool of 30,000 USDT to celebrate Bitcoin Pizza Day. From May 12 at 18:00 to May 24 at 18:00 (UTC+8), new users who complete their first leveraged trade will receive a 50 USDT leveraged trading interest coupon—limited to the first 2,000 recipients on a first-come, first-served basis. During the event period, users whose leveraged trading volume reaches or exceeds 1,000 USDT will receive a 5%–20% rebate on trading fees. Additionally, leveraged trades in BTC, ETH, DOGE, TRX, TON, ZEC, FIL, and JST will count three times toward the user’s total trading volume. Users can participate by clicking “Register Now” on the campaign page.
According to Bybit’s latest options weekly report, the implied volatility indicator DVOL has further declined to an extreme historical low of 37–41%, marking the lowest reading since the outbreak of the current conflict. The report notes that the current DVOL level is exceptionally rare in BTC’s history; low volatility often precedes major price moves rather than signaling their conclusion. Combined with a technical ascending wedge pattern and persistently negative funding rates, these three signals collectively suggest that the derivatives market is poised for a directional shift—though price action has yet to confirm the specific nature of this move, prompting the report to advise investors to maintain close observation.
According to an analysis released by CryptoQuant-certified analyst MorenoDV_, the Bitcoin Bull-Bear Market Cycle Indicator has just generated its first “Early Bull Market” signal since March 2023. Historically, when this indicator transitions from the bear market zone into the early bull market zone, it typically signals that the worst phase of correction is over and that market structure is beginning to recover—similar signals appeared after deep bear markets in early 2019 and early 2023, both of which preceded stronger upward trends. However, this signal should not be interpreted uncritically. In March 2022, the indicator also entered the early bull market zone, yet price subsequently faced rejection—indicating a local top rather than the start of a new bull market. Analysts note that Bitcoin is no longer behaving like a deep bear-market asset, and the rebound in its 30-day moving average suggests improving underlying momentum. At the same time, however, multiple other market indicators are already showing signs of weakness, making this signal less clear-cut than classic early-cycle confirmations. The analyst leans toward interpreting this signal as more likely indicating a local top—unless strong price follow-through confirms the bullish thesis—rather than the onset of a new bull market.
BIT's official Chinese-language market analysis stated that Circle's stock price rose 16% overnight, currently approaching its March 2026 high. The market is pricing in expectations that uncertainty surrounding crypto regulation may ease.BIT indicated that this week could become a critical juncture for the advancement of the CLARITY Act, with the market generally viewing Circle as a direct beneficiary of regulatory clarity. It also noted that USDC market capitalization has maintained steady growth lately, and Circle's recent rally reflects market expectations for potential favorable policies and regulatory developments, rather than short-term fundamental improvements.BIT believes that if digital asset regulatory rules are further clarified, it could not only provide support for Bitcoin but also encourage more institutions to participate in the market.