"Winning this award tells us that what we're building actually matters to miners – and that pushes us to go further. The plan for this year is straightforward: grow the infrastructure, add capacity, and use the current market conditions to close the gap with the leaders. It's a stretch goal. We're fine with that." – Andrei Kapeikin, CTO of Neopool
Neopool is a mining pool built from the ground up by veterans of the crypto and IT industries, with the team's combined experience spanning over 20 years.
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📊 Stablecoins are being used, not just held
🔎 a16z crypto compared adjusted monthly velocity of stablecoins to their total supply — and the ratio has jumped from 2.6x to 6x over the past 2 years.
💡 Meaning: demand for transactions is growing faster than new issuance.
This is a key signal of a real payment network — where the base asset isn’t just sitting idle, but actively circulating.
📈 Translation: stablecoins are evolving from “store of value” tools into full-fledged payment rails.
🔎 a16z crypto compared adjusted monthly velocity of stablecoins to their total supply — and the ratio has jumped from 2.6x to 6x over the past 2 years.
💡 Meaning: demand for transactions is growing faster than new issuance.
This is a key signal of a real payment network — where the base asset isn’t just sitting idle, but actively circulating.
📈 Translation: stablecoins are evolving from “store of value” tools into full-fledged payment rails.
In Q1 this year, companies bought 50,351 Bitcoin — the highest quarterly total on record.
Institutional accumulation is accelerating, with corporates continuing to add BTC to their balance sheets.
Big players are doubling down — reinforcing the long-term bullish case.
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Michael Burry says today’s market is starting to look a lot like the final stage of the 1999–2000 dot-com bubble
According to Burry, the market has become completely obsessed with AI, while stocks increasingly ignore economic data and continue rising simply because they were already going up before.
He compared the current rally in the semiconductor index SOX to the tech mania before the 2000 crash. The index is already up more than 65% in 2026 alone, including a 10% jump in just one week.
Macro investor Paul Tudor Jones agrees that the AI boom resembles 1999, but believes the rally could continue for another 1–2 years before a major correction hits.
His warning: if valuations keep expanding, the eventual sell-off could be “breathtaking.”
P.S. Michael Burry’s story inspired the movie “The Big Short.”
According to Burry, the market has become completely obsessed with AI, while stocks increasingly ignore economic data and continue rising simply because they were already going up before.
He compared the current rally in the semiconductor index SOX to the tech mania before the 2000 crash. The index is already up more than 65% in 2026 alone, including a 10% jump in just one week.
Macro investor Paul Tudor Jones agrees that the AI boom resembles 1999, but believes the rally could continue for another 1–2 years before a major correction hits.
His warning: if valuations keep expanding, the eventual sell-off could be “breathtaking.”
P.S. Michael Burry’s story inspired the movie “The Big Short.”
While Jensen Huang is visiting China alongside Donald Trump and executives from major US companies, Nvidia keeps printing new all-time highs
Nvidia’s market cap has now reached $5.45T — roughly double the entire crypto market, currently sitting near $2.7T.
One Nvidia alone is now worth more than:
• Bitcoin
• Ethereum
• Tether
• and basically the rest of crypto combined.
AI chips became bigger than the entire “future of finance” narrative
Nvidia’s market cap has now reached $5.45T — roughly double the entire crypto market, currently sitting near $2.7T.
One Nvidia alone is now worth more than:
• Bitcoin
• Ethereum
• Tether
• and basically the rest of crypto combined.
AI chips became bigger than the entire “future of finance” narrative
Nexus 🤝 Binance
Binance Alpha will be the first platform to feature Nexus (NEX) on May 20.🔸
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
🔗 Official Links:
🌐 https://nexus.xyz
✈️ https://t.me/nexus_zkvm
🐦 https://x.com/NexusLabs
🎮 https://discord.gg/nexus-xyz
🐙 https://github.com/nexus-xyz
Binance Alpha will be the first platform to feature Nexus (NEX) on May 20.
Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon.
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Has crypto detective ZachXBT finally been doxxed?
A random X user claims that the person behind the famous on-chain investigator account is allegedly a man named Zachary Wolk.
The irony is wild:
He investigated everyone for years… while nobody seriously investigated him.
The thread author says he traced ZachXBT through old local newspaper records and also pointed to roughly $5M in “donations” from wallets allegedly connected to figures who never appear in Zach’s investigations.
For now, none of the claims are officially confirmed, so the entire story should be treated carefully.
A random X user claims that the person behind the famous on-chain investigator account is allegedly a man named Zachary Wolk.
The irony is wild:
He investigated everyone for years… while nobody seriously investigated him.
The thread author says he traced ZachXBT through old local newspaper records and also pointed to roughly $5M in “donations” from wallets allegedly connected to figures who never appear in Zach’s investigations.
For now, none of the claims are officially confirmed, so the entire story should be treated carefully.
RIPPLE VS. SEN. WARREN: CRYPTO CHARTERS PUSH BACK
Sen. Elizabeth Warren has joined forces with the SAME banks she has battled for years, to target Ripple and other crypto firms holding OCC trust charters.
Warren argues: “These companies are effectively crypto banks that want to evade the fundamental safeguards and obligations that come with being a bank.”
Crypto firms are now pushing back with BitGo CEO Mike Belshe bashing Warren for attacking the very custody framework meant to prevent another FTX-style collapse.
Sen. Elizabeth Warren has joined forces with the SAME banks she has battled for years, to target Ripple and other crypto firms holding OCC trust charters.
Warren argues: “These companies are effectively crypto banks that want to evade the fundamental safeguards and obligations that come with being a bank.”
Crypto firms are now pushing back with BitGo CEO Mike Belshe bashing Warren for attacking the very custody framework meant to prevent another FTX-style collapse.
Tether has frozen $72 million in USDT tied to a mysterious wallet that recently moved over $120 million across the crypto ecosystem
According to blockchain investigator ZachXBT, the funds were rapidly sent through exchanges, swap services, and cross-chain bridges. More than $20 million reportedly flowed through platforms including KuCoin and various exchangers, while a large portion was used to buy Monero (XMR).
The aggressive buying spree coincided with XMR surging from roughly $330 to $420, raising speculation that the purchases helped fuel the rally.
Tether later froze $72 million in USDT on another wallet believed to be linked to the same entity. The identity of the wallet owner remains unknown, and Tether has not yet provided an official explanation.
For now, the crypto community is left with a familiar question: whale, hacker, or something else?
According to blockchain investigator ZachXBT, the funds were rapidly sent through exchanges, swap services, and cross-chain bridges. More than $20 million reportedly flowed through platforms including KuCoin and various exchangers, while a large portion was used to buy Monero (XMR).
The aggressive buying spree coincided with XMR surging from roughly $330 to $420, raising speculation that the purchases helped fuel the rally.
Tether later froze $72 million in USDT on another wallet believed to be linked to the same entity. The identity of the wallet owner remains unknown, and Tether has not yet provided an official explanation.
For now, the crypto community is left with a familiar question: whale, hacker, or something else?
⛏️ Bitcoin miners are back in the red
With BTC trading below the estimated mining cost of $76K, many miners are reportedly operating at a loss and selling reserves to cover expenses.
The pressure is already showing: BTC inflows to Binance have repeatedly exceeded 10,000 BTC per day, peaking at 12,800 BTC—a pattern last seen before February’s market drop. 👀
Meanwhile, Bitcoin’s hash rate has fallen by 28%, signaling that some miners may be shutting down unprofitable operations.
Why does this matter? Miner selling increases supply during periods of weak demand, often accelerating downside volatility. ⚠️
📈 A move back above $70K could ease pressure and support a recovery scenario.
📉 But as long as BTC remains below its production cost, the risk of further miner capitulation remains.
Historically, however, miner capitulation has often marked the final stages of bear markets—and periods of deep undervaluation.
With BTC trading below the estimated mining cost of $76K, many miners are reportedly operating at a loss and selling reserves to cover expenses.
The pressure is already showing: BTC inflows to Binance have repeatedly exceeded 10,000 BTC per day, peaking at 12,800 BTC—a pattern last seen before February’s market drop. 👀
Meanwhile, Bitcoin’s hash rate has fallen by 28%, signaling that some miners may be shutting down unprofitable operations.
Why does this matter? Miner selling increases supply during periods of weak demand, often accelerating downside volatility. ⚠️
📈 A move back above $70K could ease pressure and support a recovery scenario.
📉 But as long as BTC remains below its production cost, the risk of further miner capitulation remains.
Historically, however, miner capitulation has often marked the final stages of bear markets—and periods of deep undervaluation.
DeFi continues to bleed liquidity
Total Value Locked (TVL) has declined every month of 2026, falling by roughly 39% since the beginning of the year — from $115 billion in January to around $70 billion today.
The main reason is the broad market cooldown that followed the peak in October 2025. Lower token prices, reduced risk appetite, and declining on-chain activity have all contributed to capital leaving the sector.
What's even more notable is that among the major ecosystems, only TRON and Hyperliquid have managed to stay in positive territory this year.
The data suggests that capital isn't disappearing entirely — it's becoming much more selective.
The era of liquidity flowing into every protocol appears to be over. In 2026, users are concentrating around ecosystems that continue to show growth, generate fees, and maintain real demand.
Total Value Locked (TVL) has declined every month of 2026, falling by roughly 39% since the beginning of the year — from $115 billion in January to around $70 billion today.
The main reason is the broad market cooldown that followed the peak in October 2025. Lower token prices, reduced risk appetite, and declining on-chain activity have all contributed to capital leaving the sector.
What's even more notable is that among the major ecosystems, only TRON and Hyperliquid have managed to stay in positive territory this year.
The data suggests that capital isn't disappearing entirely — it's becoming much more selective.
The era of liquidity flowing into every protocol appears to be over. In 2026, users are concentrating around ecosystems that continue to show growth, generate fees, and maintain real demand.
📉💰 June became the worst month in history for spot Bitcoin ETF outflows, with investors pulling a massive $4.06 billion from the funds
The previous record of $3.56 billion was set just a few months earlier, in February 2025.
Such heavy outflows suggest that institutional investors have been aggressively reducing risk exposure, adding another source of selling pressure to an already weak market.
The good news? Extreme ETF outflows have historically been a contrarian signal, often appearing when market sentiment is near its worst.
The bad news? Institutions are clearly not in a hurry to buy the dip yet.
For now, June's record outflows highlight one thing: traditional finance has gone into defensive mode, and Bitcoin will likely need fresh demand to regain momentum.
The previous record of $3.56 billion was set just a few months earlier, in February 2025.
Such heavy outflows suggest that institutional investors have been aggressively reducing risk exposure, adding another source of selling pressure to an already weak market.
The good news? Extreme ETF outflows have historically been a contrarian signal, often appearing when market sentiment is near its worst.
The bad news? Institutions are clearly not in a hurry to buy the dip yet.
For now, June's record outflows highlight one thing: traditional finance has gone into defensive mode, and Bitcoin will likely need fresh demand to regain momentum.
BITWISE ADDS HYPERLIQUID $HYPE TO ITS INDEX FUND
Bitwise says HYPE is now officially part of the Bitwise 10 Crypto Index ETF, the world’s largest multi-asset crypto index fund, with HYPE carrying about a 0.95% weighting in BITW.
Bitwise cited Hyperliquid’s strong first half of 2026, including $1.34T in trading volume, $320M in revenue, and a 165% YTD gain for HYPE.
Bitwise says HYPE is now officially part of the Bitwise 10 Crypto Index ETF, the world’s largest multi-asset crypto index fund, with HYPE carrying about a 0.95% weighting in BITW.
Bitwise cited Hyperliquid’s strong first half of 2026, including $1.34T in trading volume, $320M in revenue, and a 165% YTD gain for HYPE.
Even Strategy's weekly updates have changed with the market
Strategy has increased its cash reserves by $450M. As of July 12, 2026, the company holds 843,775 BTC alongside approximately $3B in cash.
Not long ago, Michael Saylor's weekly updates were all about buying more Bitcoin. Now, they're highlighting a growing dollar reserve instead.
At least it's not another Bitcoin sale... although it does leave one obvious question:
Where did all that cash come from?
Strategy has increased its cash reserves by $450M. As of July 12, 2026, the company holds 843,775 BTC alongside approximately $3B in cash.
Not long ago, Michael Saylor's weekly updates were all about buying more Bitcoin. Now, they're highlighting a growing dollar reserve instead.
At least it's not another Bitcoin sale... although it does leave one obvious question:
Where did all that cash come from?
🏦 Goldman Sachs: Global Conflict Risk at a 60-Year High
📝 According to an internal Goldman Sachs research note, the risk of a major global conflict has reached its highest level since the mid-1960s.
The bank argues that today's geopolitical risk exceeds levels seen during the Cuban Missile Crisis, the height of the Cold War, and even the period following the 9/11 attacks.
The concern isn't a single flashpoint, but the growing number of geopolitical tensions unfolding simultaneously. As more countries abandon neutrality and align with competing blocs, global polarization continues to intensify.
📊 Goldman Sachs expects this trend to persist through the end of the decade, making geopolitics an increasingly important factor for investors across all markets—including crypto.
📝 According to an internal Goldman Sachs research note, the risk of a major global conflict has reached its highest level since the mid-1960s.
The bank argues that today's geopolitical risk exceeds levels seen during the Cuban Missile Crisis, the height of the Cold War, and even the period following the 9/11 attacks.
The concern isn't a single flashpoint, but the growing number of geopolitical tensions unfolding simultaneously. As more countries abandon neutrality and align with competing blocs, global polarization continues to intensify.
📊 Goldman Sachs expects this trend to persist through the end of the decade, making geopolitics an increasingly important factor for investors across all markets—including crypto.
A mysterious whale is making big moves in Ethereum
An unknown investor has spent around $50 million in DAI to accumulate 25,425 ETH within just a few hours, catching the attention of crypto traders.
Large whale purchases often spark speculation about insider knowledge or growing confidence in Ethereum's near-term outlook. Of course, no one knows the real motive yet—but when wallets this big start buying aggressively, the market usually takes notice.
Smart money... or just a very confident bet?
An unknown investor has spent around $50 million in DAI to accumulate 25,425 ETH within just a few hours, catching the attention of crypto traders.
Large whale purchases often spark speculation about insider knowledge or growing confidence in Ethereum's near-term outlook. Of course, no one knows the real motive yet—but when wallets this big start buying aggressively, the market usually takes notice.
Smart money... or just a very confident bet?
Coldcard Hack Sparks FTX-Style Bitcoin Panic
🔎 According to CryptoQuant, news of the Coldcard hack triggered a wave of Bitcoin withdrawals as users rushed to move their funds to other wallets.
On July 31, holders with balances of less than 1 BTC transferred 39,600 BTC—almost matching the 39,900 BTC moved during the panic following the FTX collapse in November 2022.
The data highlights how security incidents can quickly shake investor confidence, leading to large-scale self-custody movements even without a broader market crash. While the numbers resemble the FTX exodus, it's still too early to say whether this will have lasting market impact.
🔎 According to CryptoQuant, news of the Coldcard hack triggered a wave of Bitcoin withdrawals as users rushed to move their funds to other wallets.
On July 31, holders with balances of less than 1 BTC transferred 39,600 BTC—almost matching the 39,900 BTC moved during the panic following the FTX collapse in November 2022.
The data highlights how security incidents can quickly shake investor confidence, leading to large-scale self-custody movements even without a broader market crash. While the numbers resemble the FTX exodus, it's still too early to say whether this will have lasting market impact.
❗️ Saylor Does It Again!
Michael Saylor’s Strategy has sold another 1,690 BTC worth approximately $108.6M, according to the company’s latest filing. After the transaction, Strategy holds 840,447 BTC, valued at around $54.6B. The company also increased its USD reserve to $4.65B.
Ironically, Saylor once famously urged investors to “sell your kidney” rather than your Bitcoin. Yet Strategy has now repeatedly been moving BTC, forcing Saylor to come up with increasingly creative explanations for why these transactions supposedly don't contradict his HODL philosophy.
The market barely reacted this time — perhaps investors are simply getting used to Saylor selling the Bitcoin he told everyone else never to sell.
Michael Saylor’s Strategy has sold another 1,690 BTC worth approximately $108.6M, according to the company’s latest filing. After the transaction, Strategy holds 840,447 BTC, valued at around $54.6B. The company also increased its USD reserve to $4.65B.
Ironically, Saylor once famously urged investors to “sell your kidney” rather than your Bitcoin. Yet Strategy has now repeatedly been moving BTC, forcing Saylor to come up with increasingly creative explanations for why these transactions supposedly don't contradict his HODL philosophy.
The market barely reacted this time — perhaps investors are simply getting used to Saylor selling the Bitcoin he told everyone else never to sell.
₿ Trump Eyes Bitcoin Whale Status — Congress Holds the Keys
Trump said on Aug. 20 the US is considering accumulating "sizable amounts" of Bitcoin and other crypto. His 2025 executive order already directs Treasury toward BTC, and existing law offers a few paths to grow federal holdings — but no current authority funds multibillion-dollar open-market purchases. For that kind of firepower, Congress writes the check.
The gap between presidential ambition and legislative reality is, as always, considerable.
Trump said on Aug. 20 the US is considering accumulating "sizable amounts" of Bitcoin and other crypto. His 2025 executive order already directs Treasury toward BTC, and existing law offers a few paths to grow federal holdings — but no current authority funds multibillion-dollar open-market purchases. For that kind of firepower, Congress writes the check.
The gap between presidential ambition and legislative reality is, as always, considerable.