HIVE Digital is pivoting from Bitcoin mining to a CAD 3.5b, 320 MW Toronto AI “super factory” hosting 100,000+ GPUs, sending its stock up over 35% on the news. Summary HIVE Digital plans to build a 320 MW AI infrastructure park near Toronto, pitched as one of Canada’s largest sovereign AI “super factories,” sending its
On May 17, 2026, Michael Saylor from posted two words on X: “₿ig Dot Energy.” For anyone who has followed MicroStrategy Bitcoin buying pattern over the past two years, the message landed like a starting gun. Independent tracker Strc.live estimates that roughly 15,466 BTC were accumulated across four active trading days in the week of
Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. Summary Over 3 billion SHIB tokens were pushed onto exchanges on May 18, raising sell-side pressure as broader crypto market liquidations accelerated. CoinGlass data shows SHIB open interest at $61.2 million with $42,485 in futures positions liquidated in the
Revolut launched its first physical crypto card on May 18, a Dogecoin-themed LED card for the UK and EEA. Summary Revolut unveiled its first physical crypto card with a Dogecoin theme and LED display, usable anywhere Visa and Mastercard are accepted. The card links to users’ crypto balances and converts holdings to fiat at real-time
The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda. Source link
Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Summary Galaxy Digital’s subsidiary GalaxyOne Prime NY received a BitLicense and Money Transmission License from NYDFS on May 18, 2026. The approval allows Galaxy to offer regulated trading and custody to hedge funds, registered investment advisers, and
The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the official leading the charge says the hard part is done. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, told an interviewer this week that the administration has cleared a major
Bitwise will devote 10% of its HYPE ETF management fee to buying HYPE on its balance sheet. Summary Bitwise announced it will devote 10% of its BHYP Hyperliquid ETF management fee to purchasing and holding HYPE tokens on its balance sheet. The BHYP ETF launched on NYSE on May 15 with a 0.34% sponsor fee,
SpaceX Bitcoin holdings stand at $637m, on-chain data shows, making it the fourth largest known corporate holder. Summary SpaceX holds 8,285 BTC worth approximately $637m in Coinbase Prime custody, per Arkham Intelligence data, with the position unchanged since June 2022. The company ranks fourth among known private corporate Bitcoin holders, trailing Block.one, Tether Holdings, and
Cardano is trading around $0.248, down roughly -2.5% over the past 24 hours, and the chart is not offering much comfort to bulls right now. The $0.20 support level is the immediate line in the sand. Bears are pressing hard, momentum indicators are fading, and the structure of recent price action points to more downside
