US Lawmakers Propose the ARMA Bill to Build a 1-Million-Bitcoin Strategic Reserve

ARMA establishes a reserve and a digital asset stockpile to be managed by the U.S. Department of the Treasury, and requires all federal agencies to provide a full accounting of digital assets held in their possession.  The legislation empowers the Treasury to acquire up to 200,000 per year for five years, aiming to reach a goal of 1 million under federal custody, building on what the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide ( ) Act, introduced by Senator Cynthia Lummis, had proposed before.  Under ARMA, purchases would be conducted in a budget-neutral way, using revaluation to produce the funds needed for these acquisitions. It also introduces strict custody standards to avoid loss of digital assets due to unsafe security measures.  Begich stated that ARMA “positions the United States to lead confidently in the digital age while protecting taxpayer interests, strengthening financial sovereignty, and reinforcing the principles of transparency and sound stewardship,” also reinforcing the relevance of private property rights in the digital currency ecosystem.  Golden stressed that was not the “fringe phenomenon” it was once, and that Congress was due to set policies on what to do with the bitcoin held by the U.S.  “Administrations have auctioned it off or held it

05-22Industry

Why do Bitcoin traders care so much about the 200-day moving average?

Bitcoin price reached $82,400 on May 20 and ran into a line on a chart. Up 37% from its April lows, BTC stalled at the 200-day moving average, pulled back to as low as $76,000, and left the market wondering what the rejection showed about the markets underlying structure.  That line, a simple arithmetic average, is among the most-watched indicators in crypto, and understanding why helps decode how the market is reading the current moment.  The reversal repeated a pattern we saw in March 2022, when Bitcoin staged a comparable 43% relief rally before testing the same indicator and resuming its downtrend. That parallel deserves careful attention, though the current on-chain data adds important nuance.  Graph showing Bitcoins price and the 200-day moving average from May 17, 2021, to May 21, 2026 (Source: TradingView)The math behind the price anxiety  A moving average smooths price volatility by averaging a set of historical prices into a single line. The 200-day version takes Bitcoins daily closing prices over the previous 200 “sessions,” averages them, and plots the result continuously, updating each day as the oldest price drops out and the newest enters. Its one of the most straightforward indicators in technical analysis, with the 200-bar version widely

05-22Industry

Trump Media Is Selling Massive Bitcoin Holdings: Arkham

Trump Media Moves Bitcoin to Crypto com.   This comes after Trump Media & Technology Group officially abandoned its plans to launch Truth Social crypto ETFs. As CoinGape reported, Truth Social withdrew its Bitcoin ETF, as well as Ethereum and Solana ETFs. The company reported a $406 million net loss in Q1 2026, largely driven by unrealized crypto losses and crypto market crashes.  Moreover, crypto market participants are bracing for volatility as Kevin Warsh takes the helm as Chairman of the US Federal Reserve today. The US Senate confirmed Kevin Warshs nomination in a near party-line vote to succeed Jerome Powell as Fed chair.  Bitcoin Slips amid Market Speculations  While Trump Media has not issued an official statement on the latest transfer to Crypto com, deposits to crypto exchanges often fuel market speculation about potential liquidations.  Bitcoin has dropped and currently trades near $77,600. The 24-hour low and high are $76,655 and $78,100, respectively. Furthermore, trading volume has decreased by 7% over the last 24 hours, indicating a decline in interest among traders.  According to Santiment data, 9,664 Bitcoin worth over $744 million have been transferred to crypto exchanges over the last five days. Moreover, b  Mark Cuban sells most of his Bitcoin, says it “lost the

05-22Industry

Fed hike odds hit 52% as 30-year yields break above 5%

Fed hike odds have climbed to 52% while 30-year U.S. Treasury yields have pushed above 5%, tightening financial conditions and upping the pressure on risk assets from stocks to crypto.Futures now price a 52% chance of at least one Fed rate hike.The 30-year U.S. Treasury yield has moved above 5% for the first time since 2007.Higher-for-longer yields threaten altcoins and DeFi protocols reliant on cheap liquidity.  Market-based indicators show traders assigning a roughly 52% probability that the Federal Reserve will raise interest rates again before year-end, reversing earlier consensus that the next move would be a cut. That marks the first time since the tightening cycle peaked that rate-hike odds have clearly outweighed expectations of cuts, according to futures-based tools that track implied probabilities from Fed funds contracts.  Those shifting expectations are moving fast along the yield curve. The 30-year U.S. Treasury yield has surged through the 5% threshold, with recent auctions clearing around 5.06% and secondary-market trading hovering near 5.1%—levels not seen since before the global financial crisis. In a recent auction, the U.S. Treasury sold $25 billion of 30-year bonds at a high yield of about 5.058%, underscoring how investors are demanding a higher term premium to hold long-dated U.S.

05-22Industry

a16z says blockchain is finance’s cloud shift, not a decentralization story

a16z crypto says Wall Street is adopting blockchain less for ideology than for efficiency, risk control and programmable market infrastructure that makes assets composable.Guy Wuollet compares blockchain‘s role in finance to cloud computing’s role in enterprise IT.a16z argues tokenized assets turn closed financial systems into shared programmable networks.The firm says Wall Streets real interest is settlement, coordination and counterparty risk reduction.  a16z crypto general partner Guy Wuollet says the financial industry is undergoing a digital migration in which blockchain is becoming core infrastructure, much as cloud computing became the backbone of modern enterprise software. In his essay, Wuollet argues that “digital assets” are not mainly about ideology or decentralization, but about upgrading the architecture of finance itself.  “Wall Street is beginning to adopt blockchains with zeal: Not because its fixated on the idea of decentralization, but because blockchains create a Schelling point amongst counterparties to upgrade existing backend systems,” Wuollet wrote. He added that “digital assets” represent “the digital transformation for financial services in the same way that cloud services once represented the digital transformation for large enterprises.”  The argument is blunt and basically correct. Traditional finance still runs on fragmented databases, delayed reconciliation and institution-specific ledgers, so blockchains appeal is not philosophical

05-22Industry

Ethereum Traders Increase Leverage Exposure: Liquidity Returns To Binance Futures Market

Sebastians journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.  As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastians contributions quickly gained recognition, and he became a trusted voice in the online crypto community.  To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.  Sebastians passion for finance and writing is evident

05-22Industry

Young Adults Involved in AI Romance Hide Full Use From Partners 69% of the Time

Researchers at Brigham Young University, the Institute for Family Studies, and the Wheatley Institute found 15% of partnered U.S. adults ages 18 to 30 regularly use AI romantic companions.More than half of regular users said they hide at least some of the behavior from their partners, and 69% said it was important their partner not know the full extent of their use.Regular AI companion use was associated with lower relationship stability and lower-quality communication, according to the report.  One in seven young adults in committed relationships regularly use AI romantic companion chatbots—and many are concealing the behavior from their partners, according to a new report from researchers at Brigham Young University, the Institute for Family Studies, and the Wheatley Institute.  The report, titled “Secret Soulmates,” surveyed 2,431 U.S. adults ages 18 to 30 who were dating, engaged, or married.  “While general engagement with AI companions was high for both men and women, when looking across all results, some specific cautions appear warranted when it comes to young adult men,” the study said. “Men were more likely to engage with AI companions, more likely to create sexual content with AI platforms and masturbate during these interactions, and more likely to prefer AI interactions to

05-22Industry

Bitcoin Holds Above $77K Mark Amid Market Uncertainty

It seems that macroeconomic considerations are now influencing the shift in Bitcoins price, as it closely mirrored the US small-cap stock index. Concerns over a further price drop below $75,000 were stoked by $2 billion in outflows from US-listed spot Bitcoin ETFs in the seven days before Tuesday. At the time of writing, Bitcoin was trading at $77,246, down 0.19% in the last 24 hours as per data from CMC, after briefly touching $78K mark.  Market Beginning to Stablize  But as Bitcoin (BTC) recovered the upper limits of its range highs, demand on Coinbase suggests that the market is beginning to stabilize. The Coinbase Premium Index has maintained an upward trend over the last 14 days, indicating consistent buyer demand, even though traders have taken $1.14 billion in gains, causing the daily Coinbase premium to hit a six-week low.  May 19 saw the lowest reading of the Coinbase Premium Index since March 31st, falling to -0.087. The fact that Bitcoin was priced cheaper on Coinbase compared to Binance indicates that demand from purchasers in the US is weaker, as the negative premium indicates.  With a price surge to $82,000 and a daily profit of 14,600 BTC ($1.14 billion) for holders on May 4, profit-taking

05-22Industry

HYPE Outperformed Bitcoin and Ethereum in 2026...Heres Why

Hyperliquid price in USD YTD1. The January Baseline and February Accumulation  HYPE opened the year trading flat near the $25.00 psychological support line. Volatility initially remained compressed before a surge in platform trading volume triggered a sharp vertical impulse toward $35.00 in early February. This move established a definitive macro-bottom that was never retested.  2. The Mid-Spring Consolidation Channel  Throughout March and April, the token entered a broad, ascending re-accumulation channel. Every localized sell-off was met with intense spot buying pressure near the 50-day and 100-day Exponential Moving Averages (EMAs), which converged effectively around the $40.00 – $45.00 horizontal support zone.  3. The May Parabolic Expansion  The final leg of the structure showcases an almost vertical price expansion starting in mid-May. HYPE broke out of its multi-week consolidation at $45.00, accelerating through its previous historic resistance barriers to touch an all-time high of $61.86. The sheer steepness of the final candle indicates intense institutional accumulation and massive short-side market liquidations.  Why HYPE Outperformed the Market  While technical setups explain the path of price action, fundamental triggers explain the velocity of the move. Several major real-world developments converged in May 2026 to fuel the HYPE engine:  The Mother of All Short Squeezes  According to derivatives data from on-chain analytics firms

05-22Ethereum

XRP Elliott Wave Setup Targets $1.47 as Whales Accumulate 71M Coins

Will XRPs Much-Needed Breakout See the Light of Day?  XRP is approaching a decisive technical inflection point as price compression, whale accumulation, and rising derivatives activity begin to align.  According to analyst Dark Defender, the remains within a broader Elliott Wave structure, suggesting the underlying bullish framework is still intact despite the present price stagnation.  He notes that XRP is now trading within a narrowing support–resistance apex, a setup that typically precedes a sharper directional move once compression hits the exit door. His outlook points to a potential expansion phase developing toward the end of May as volatility builds.  From a price structure perspective, XRPs immediate support sits between $1.31 and $1.36, a zone that has repeatedly absorbed selling pressure in recent pullbacks.  On the upside, resistance is clearly mapped at $1.47, followed by $1.88 and $3.56, each level representing progressively stronger confirmations of trend continuation if reclaimed.  Currently, XRP is per CoinCodex data, effectively sitting on its key short-term support band and underscoring a tightly balanced market.  Source: CoinCodex  XRP Whales Go on a Buying Spree  Taking on X, formerly Twitter, renowned crypto analyst Ali Martinez acknowledges that whales have accumulated in the past week, signaling steady absorption during a period of muted volatility.  Interestingly, this type of accumulation

05-22Industry
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