🕵️ On-chain finance app Legend announced its shutdown after two years of operation. The Legend App will remain live for 60 days, officially going offline on July 12. New user registration has been disabled, and existing users are advised to withdraw their funds before the shutdown date. Legend raised $15 million in February 2025, with investors including a16z crypto and Coinbase Ventures.

🕵️ 1,406.10 #BTC ($113,603,247)
aggregated inflows to Binance

🕵️ BlackRock just transferred 861 #BTC ($69.59 million) and 44,691 #ETH ($103.15 million) to Coinbase Prime.

📈 Bitcoin 30-day realized/historical volatility has dropped to just 1.73%, the lowest level this year.

Big moves are expected.

🇺🇸📝 #macro USA:
- Producer Price Index (PPI; Apr):
- m/m: 1.4% (prior: 0.5%)
- y/y: 6% (prior: 4%)
- Core PPI: 5.2% y/y (prior: 3.8%)

🇨🇳👀 Air Force One officially lands in China, carrying President Trump, Elon Musk, and Nvidia CEO Jensen Huang.

🇺🇸🔮 Core producer prices in the United States, excluding food and energy, rose by 1% in April 2026, the highest increase since March 2022. This followed a revised 0.2% increase in March and exceeded market forecasts of a 0.3% rise. Year-over-year, core producer prices increased by 5.2% in April, up from 4% in March, also surpassing the expected 4.3% growth.

📈 US PPI Rises to 6%, Higher Than Expectations.

🗣 Michael Saylor stated, "If we've issued a trillion dollars of credit with a three-trillion-dollar equity market cap and lower the interest rate 0.25%, we make an obscene amount of money for equity shareholders in that one month."

He added, "That's so many years in the future when Bitcoin's a million-dollar coin and we're 10 years out then we can talk about it." #macro

🕵️ A wallet linked to a16z (0xb5E4) bought 1.588M $HYPE ($67.46M) over the past month and staked 1.3M $HYPE ($51.2M) across multiple wallets.

📈 US 10Y yields have rebounded toward 4.4%, a level that previously coincided with pressure on $BTC.

This time, $BTC has recovered above $80K despite the rates backdrop, suggesting the market is absorbing the macro headwind more effectively than earlier in the cycle. #macro

Episode 18 | May 13, 2026 — Weekly market review Clarity act, Bitcoin, XAUUSD, OIL. TT

🤝 Anchorage And Mexican Billionaire's Grupo Salinas Ink Cross-Border Payments Partnership: The Block

🕵️ Morgan Stanley bought 395.6 $BTC worth $25.81M in the past 24 hours.

They now hold 3,389 $BTC worth $270.15M.

🇺🇸🤔 Ledger has suspended its plans for an IPO in the United States due to market conditions.

🆕 $PHAROS live on Binance alpha

🕵️ Coinbase reported that an average of 4.5 million ETH was staked to its validators in Q1 2026, accounting for 12.17% of total staked ETH. The company emphasized its commitment to maintaining below 30% network penetration, with its validators achieving 99.98% uptime and no slashing or double-signing events since inception. Validators are distributed across five countries, two cloud providers, and seven MEV relays.

🇯🇵🧑‍💻 Japan's Metaplanet $MTPLF grew its Bitcoin treasury to 40,177 BTC ($3.2B) in Q1 2026, while sales grew 251% YoY.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -2,712 $BTC (-$216.33M)
7D NetFlow: -8,165 $BTC (-$651.25M)

Ethereum ETFs:
1D NetFlow: -66,320 $ETH (-$150.41M)
7D NetFlow: -107,681 $ETH (-$244.22M)

Solana ETFs:
1D NetFlow: +218,148 $SOL (+$24.62M)
7D NetFlow: +865,506 $SOL (+$63.59M)

📊 BTC has recovered above $80K as ETF inflows, spot demand, and positioning improve. However, weaker capital inflows and heavy overhead supply near $86K keep conviction below prior bull phases.

Executive Summary
– US spot ETF inflows have turned firmly positive as BTC recovered from mid-$60Ks to low-$80Ks
– Shallow drawdown: Relative Unrealized Loss peaked at 25% in February, now compressed to 8%; bear regime stays shallow if $60K holds
– Realized Cap 30D Net Position Change back to $2.8B/month, but well below the $10B+ seen in prior bull expansions
– Support at $76.9K (30-day cost basis), resistance at $86.9K (Nov-Feb accumulation range)
– Coinbase Spot Volume Delta flipped sharply positive over the last two weeks
– Hyperliquid traders steadily adding long exposure alongside rising prices
– Implied volatility falling across the curve, led by the front end, as realized vol trends lower
– Downside hedging demand fading, options structure more balanced around $80K #etf

💰 Bitcoin traders’ unrealized profit margins hit 17.7%, the highest since June 2025. The last time margins reached these levels while Bitcoin tested the 200-day MA was March 2022, just before the downtrend resumed.