24/7 Blockchain industry dynamics and breaking crypto news
Bitwise CIO Matt Hougan highlights that the GENIUS Act has unlocked institutional capital, fueling over $10B in funding for three major enterprise blockchains—Circle Arc, Canton Network, and Stripe Tempo. These platforms emphasize native privacy and boast backing from top financial giants, signaling a shift toward institutional-driven growth in crypto.
Read MoreAlibaba's stock price experienced a notable decline of over 2.5% in pre-market trading on May 13th, following the release of its Q4 financial results. This movement highlights investor focus on key metrics and the company's future growth outlook.
Read MoreAlibaba's latest earnings reveal robust cloud revenue exceeding 41.6 billion yuan, up 38% year-on-year. AI-related product revenue, nearing 9 billion yuan, has now achieved triple-digit year-over-year growth for 11 consecutive quarters, solidifying its role as a key growth driver.
Read MoreLeading South Korean crypto exchange Upbit announced the listing of Superform (UP2) on May 14th, supporting trading pairs with KRW, BTC, and USDT. Deposits will open 90 minutes after the announcement, potentially boosting liquidity and market visibility for UP2.
Read MoreThe KRWQ stablecoin, pegged to the Korean Won, has launched on the Solana blockchain. This move aims to establish it as a core settlement asset for KRW liquidity on-chain, enabling diverse financial applications like perpetual futures and cross-margin trading.
Read MoreA premier online summit brings together top leaders from crypto and traditional finance tonight. Discussions will focus on future industry directions, technological innovations, and market opportunities, featuring key insights from prominent figures.
Read MoreVenture firm Andreessen Horowitz (a16z) and its founders have emerged as the top disclosed federal donors in the US midterm elections, contributing over $115 million. This surpasses figures from George Soros and Elon Musk, signaling a strategic shift in Silicon Valley's political engagement, particularly following a major post-election crypto-industry donation.
Read MoreA Japanese listed company reported a 251% surge in Q1 revenue, with Bitcoin holdings reaching 40,177. Despite accounting losses from BTC price volatility, per-share Bitcoin exposure increased, highlighting growing corporate crypto adoption.
Read MoreOn May 13, Hong Kong's AI sector surged, with MiniMax's stock skyrocketing over 18% to close above HK$818. Its market cap soared past HK$256.6 billion, driven by positive diplomatic signals and recognition of China's advancements in artificial intelligence.
Read MoreKey US memory chip stocks saw significant gains in premarket trading, with Micron Technology leading the rally. The sector-wide advance indicates renewed investor optimism.
Read MoreBinance will delist ATA, FARM, MLN, PHB, and SYS tokens on May 27, 2026, potentially causing market fluctuations. Investors should review portfolios and adjust strategies accordingly.
Read MoreIn a significant strategic move, Gulf International Bank (UK), wholly owned by the Saudi government, has increased its stake in MicroStrategy by 53%. This brings its total holdings to 20,207 shares, valued at approximately $3.76 million, signaling strong institutional interest in Bitcoin-related assets.
Read MoreARK Invest CEO Cathie Wood announced participation in Kalshi's latest funding round. She views prediction markets as a powerful new financial infrastructure enabling real-time price discovery around event probabilities. Kalshi is at the forefront of this innovation.
Read MoreMonthly DEX trading volumes for Solana and Ethereum have reached approximate parity at $45 billion each. Solana's volume ratio relative to Ethereum has declined to 94%, hitting a 12-month low and signaling a shifting competitive landscape in decentralized finance.
Read MoreBitcoin has experienced notable volatility, slipping below the key psychological level of $81,000. Current trading hovers around $80,995.48. With a flat 24-hour change, market sentiment turns cautious, prompting analysts to advise close monitoring and risk management.
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