🥷 Security firm Blockaid issued a community alert stating that its exploit detection system identified an ongoing attack on the Verus-Ethereum Bridge. Approximately $11.58 million has been drained so far. #hack
😱 Arthur Hayes: Bitcoin Target Down from $500,000 to $125,000
On May 15, 2026, speaking at Consensus Miami, BitMEX co-founder and Maelstrom CIO Arthur Hayes revealed he has cut his Bitcoin target from $500,000 to $125,000.
Hayes explained that as a fixed-supply asset, Bitcoin’s value depends on global fiat liquidity. He noted that Q1's tech and SaaS stock crash driven by AI panic signaled that current money printing cannot counter AI's deflationary impacts, such as layoffs and debt defaults. Ultimately, the future printing pace of central banks will dictate how high Bitcoin can go.
On May 15, 2026, speaking at Consensus Miami, BitMEX co-founder and Maelstrom CIO Arthur Hayes revealed he has cut his Bitcoin target from $500,000 to $125,000.
Hayes explained that as a fixed-supply asset, Bitcoin’s value depends on global fiat liquidity. He noted that Q1's tech and SaaS stock crash driven by AI panic signaled that current money printing cannot counter AI's deflationary impacts, such as layoffs and debt defaults. Ultimately, the future printing pace of central banks will dictate how high Bitcoin can go.
💰 Iran has launched Hormuz Safe, a state-backed digital maritime insurance platform for vessels transiting the Persian Gulf and the Strait of Hormuz, supporting settlement in Bitcoin and other cryptocurrencies. Backed by Iran’s Ministry of Economic Affairs, the platform aims to bypass SWIFT and Western intermediaries.
Iranian government insiders estimate that the platform could generate over $10 billion in revenue if it captures a meaningful share of the Gulf shipping insurance market. However, it faces challenges including international recognition and the risk of U.S. secondary sanctions. #tradewars
Iranian government insiders estimate that the platform could generate over $10 billion in revenue if it captures a meaningful share of the Gulf shipping insurance market. However, it faces challenges including international recognition and the risk of U.S. secondary sanctions. #tradewars
🗽 From May 11 to May 15 (ET), spot Bitcoin ETFs recorded a net outflow of $1.039 billion, ending six consecutive weeks of net inflows.
Spot Ethereum ETFs saw a net outflow of $255 million.
Spot SOL ETFs posted a net inflow of $58.12 million, while spot XRP ETFs recorded a net inflow of $60.50 million.
Spot Ethereum ETFs saw a net outflow of $255 million.
Spot SOL ETFs posted a net inflow of $58.12 million, while spot XRP ETFs recorded a net inflow of $60.50 million.
🥷 PeckShieldAlert: Verus-Ethereum has been hacked, resulting in a current loss of $11.58 million.
🕵️ Trader GyBRmk sold 21,911 $SOL for $1.85M after holding for over 2 years, taking a $1.05M loss.
Over this period, he accumulated 20,200 $SOL for $2.91M at an average price of ~$144 and staked them, earning 1,711 $SOL ($145K) in staking rewards.
Despite these earnings, the decline in $SOL's value resulted in a total loss of $1.05M.
Over this period, he accumulated 20,200 $SOL for $2.91M at an average price of ~$144 and staked them, earning 1,711 $SOL ($145K) in staking rewards.
Despite these earnings, the decline in $SOL's value resulted in a total loss of $1.05M.
🐳 Whale and Institutional Transactions:
1. A wallet associated with Matrixport continues to increase long positions on #ETH. Currently holding 120,000 #ETH (~$254 million) with over $17.5 million in unrealized losses.
2. 0x8652 opened a 10x leveraged long position on 36,875 #ZEC ($19.68 million), becoming the largest bull on #ZEC.
1. A wallet associated with Matrixport continues to increase long positions on #ETH. Currently holding 120,000 #ETH (~$254 million) with over $17.5 million in unrealized losses.
2. 0x8652 opened a 10x leveraged long position on 36,875 #ZEC ($19.68 million), becoming the largest bull on #ZEC.
🇺🇸🏦 #BTC American cryptocurrency ATM operator Bitcoin Depot has filed for bankruptcy.
📊 "Sell in May" — does it work in crypto?
Three of the last six summers saw #BTC fall from May to September, with an average return of −6%.
So yes, the adage technically works.
However, holding one more month into Uptober flips the trend, resulting in an average return of +14.5%.
The real rule isn't "sell in May" — it's "sell in September."
Three of the last six summers saw #BTC fall from May to September, with an average return of −6%.
So yes, the adage technically works.
However, holding one more month into Uptober flips the trend, resulting in an average return of +14.5%.
The real rule isn't "sell in May" — it's "sell in September."
🇺🇸🇮🇷 The USA proposed a temporary suspension of sanctions on Iranian oil. #tradewars