Crypto

The blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms. Blockchain analytics company Elliptic raised $120 million in a Series D funding round backed by investors including Nasdaq Ventures, Deutsche Bank and the British Business Bank, as stablecoins and tokenized assets see broader institutional adoption. The funding round, led by One Peak, values Elliptic at $670 million and will be used to expand its AI-driven blockchain analytics and transaction monitoring services for banks, fintech companies, government agencies and crypto firms, according to the announcement. Elliptic said its platform screens more than 1 billion blockchain transactions per week across more than 65 networks and is used by over 700 customers in 30 countries. Read more

Christopher Delgado, the former Goliath Ventures CEO charged with fraud and money laundering, has publicly apologized to investors of what US prosecutors allege is a Ponzi scheme. Christopher Delgado, the former CEO of Goliath Ventures, has publicly apologized to investors for what US prosecutors allege was a $328 million crypto investment Ponzi scheme. “They put their trust in me, and I failed them,” Delgado told ABC-affiliated television station WFTV in an interview aired on Monday. Delgado said he wanted to publicly explain what happened “from beginning to end” and express “how sorry I am.” Delgado claimed that he voluntarily returned to the US to face charges of fraud and money laundering brought by the Orlando US Attorney’s Office on Feb. 20. He faces a maximum penalty of 30 years in federal prison if convicted on all counts. Read more

Bitcoin momentum above $80,000 is slowly building as its market structure improves, according to Glassnode analysis.

Tom Lee says Ether’s correlation with software stocks is further evidence that “crypto spring” has begun. Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks. Bitmine said on Monday that it purchased 26,659 ETH over the last week, down from the over 100,000 tokens a week it was previously maintaining, but that it was still on track for its goal to buy 5% of the token’s 120.7 million circulating supply by the end of the year.  “We have decided to slow down our pace of weekly accumulation from >100,000 per week as we originally targeted reaching the ‘alchemy of 5%’ target in late 2026,” Bitmine chairman Tom Lee said. “Our previous pace of >100k weekly buys would have us reach 5% by mid-July.” Read more

"A crash to $0 is mathematically and socially unlikely for Pi Network in 2026," Gemini stated.

[PRESS RELEASE – Dubai, U.A.E, May 11th, 2026] MultiBank Group’s crypto arm mb.io, brings African gold on-chain by partnering with Kings Orbis, EON3 Group, and Mavryk. Institutional gold tokenisation programme to be powered by mb.io RWA, with vaulting in Dubai under LBMA-approved custody, dedicated supply from EON3 Group, and Mavryk as the Layer 1 blockchain […]

Kraken spends $600 million to acquire a stablecoin card issuer. Hun To admits to owning 30% of Huione Pay but denies operational role. Asia Express.

OpenAI said its new Daybreak initiative uses AI to help companies identify software vulnerabilities and speed up cyber defense.

Circle shares surged as analysts pointed to expanding stablecoin use cases and forecast significant upside as USDC adoption continues to gain traction. Shares of stablecoin issuer Circle surged Monday after the company reported mostly upbeat earnings and disclosed that a major crypto venture capital fund had purchased $222 million worth of its blockchain tokens. Circle’s shares rose almost 16% to close at $131.76, its highest level since March 18, according to Yahoo Finance. CRCL stock gave back some of its gains in initial after-hours activity. The gain extends Circle’s strong run in 2026. Shares are now up 66% year to date, giving the company a market capitalization of roughly $35 billion. Read more

After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor. With lawmakers on the US Senate Banking Committee set to consider a markup on a cryptocurrency market structure bill this week, some Democrats are holding the line — and potentially their votes — on ethics provisions. The Digital Asset Market Clarity Act (CLARITY), passed by the US House of Representatives in July 2025, is scheduled for a markup in the Banking Committee on Thursday after months of delays due to concerns about language on stablecoin yield, tokenized equities, ethics and more issues related to the crypto industry. Although the Senate Agriculture Committee passed its version of the bill in a January markup, the legislation must pass through both panels to address different aspects of securities and commodities laws. Read more

Solana ETFs recorded their strongest weekly inflow since February as SOL futures open interest climbed nearly 30%. Is SOL bracing for a rally to $120? The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets. The rise in market activity comes alongside Solana’s 15% rally to $97 in the past seven days, with traders targeting the next major resistance level at $120.  Bitwise’s BSOL ETF led the latest inflow wave with $36 million in weekly net inflows last week, while Fidelity’s FSOL added over $1.8 million. Since its launch, BSOL has attracted $861 million, accounting for nearly 81% of cumulative inflows across all spot SOL ETFs, which now total about $1.06 billion. Read more

ERNIE 5.1 hits the top of Chinese AI leaderboards while spending a fraction of what rivals do. Baidu calls it a "parameter efficiency" leap.

While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity.

USDC issuer Circle launched a suite of tools designed to let AI agents hold money, pay for services, and transact without human involvement.

Crypto leaders are the most confident they’ve been in months—but a major vote on the Senate Banking Committee this week could still go many ways.

Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the point.

Bitcoin looks set for another blockbuster week, but potential resistance at $84,000 could complicate the rally. Will altcoin consolidation continue? Key points: Bitcoin (BTC) has pulled back at the start of the week, but the bulls are trying to maintain the price above $81,500. Crypto sentiment platform Santiment said in a recent report that the current ratio of bullish to bearish comments on social media is 1.5:1. That suggests the current up move may not have much legs, as rallies supported by a confident crowd tend to fizzle out faster than those amid growing skepticism. A negative sign for BTC is that it is facing rejection at the 200-day exponential moving average ($82,039). Since November 2025, every rejection at the 200-day EMA has been followed by sharp drawdowns of between 25% and 36%. If history repeats itself, BTC may see a 30% drawdown toward $56,000. Read more

Financing from Neuberger Berman will increase Ripple Prime’s capacity to offer margin lending and other brokerage services to institutional clients trading across crypto and traditional markets. Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business, highlighting continued demand for financing services in the digital asset market. The company said Monday that the debt facility will allow its Ripple Prime unit to offer more margin loans and other financing products to hedge funds, trading companies and other institutional clients active in both crypto and traditional markets.  Ripple Prime president Noel Kimmel said the additional capital will help the unit serve a broader range of institutional clients as demand for crypto financing and brokerage services continues to grow. Read more

TRX's latest upward momentum appears increasingly disconnected from actual blockchain usage and transaction activity levels.

The USDC stablecoin issuer is betting Arc can become Wall Street’s blockchain rail for payments and tokenized finance, though analysts still see it as speculative.