24H Flash Updates

ChainThink News, May 14: According to an official announcement, the U.S. Senate conducted a vote on the nominee for the Federal Reserve Chair. The voting results confirmed that the nominee, Wash, will assume the role of Federal Reserve Chair.

ChainThink report: According to 13F filings submitted on Tuesday, Jane Street, a prominent Wall Street proprietary trading firm, significantly adjusted its crypto asset positions in Q1 2026.

The firm substantially reduced its holdings in spot Bitcoin ETFs such as BlackRock's IBIT and Fidelity's FBTC, with BlackRock IBIT exposure declining by approximately 71% month-over-month to 5.9 million shares (valued at roughly $225 million), and Fidelity FBTC holdings dropping by around 60% to 2 million shares (valued at approximately $115 million).

Simultaneously, the firm reduced exposure to Bitcoin-related assets including MicroStrategy (formerly Strategy), IREN, and Cipher Mining.

Meanwhile, Jane Street concurrently increased its long exposure to crypto assets, adding approximately $82 million in combined positions in BlackRock and Fidelity Ethereum ETFs, along with increased stakes in Riot Platforms and Coinbase. Galaxy Digital saw the largest increase, with its position rising from approximately 17,000 shares to 1.5 million shares, corresponding to a value increase from roughly $380,000 to approximately $28 million.

13F filings reflect only reportable long positions as of the end of March and do not include full transaction ledgers, derivatives, or short positions. As one of the world’s largest ETF market makers, Jane Street’s quarterly portfolio adjustments are closely monitored by institutional investors.

Additionally, according to Reuters, the company generated record trading revenues of $1.61 billion in Q1 2026.

ChainThink report, May 13: According to a Binance Online livestream, BlackRock's Chief Operating Officer Rob Goldstein stated that the company’s strategy is to bridge capital markets with the cryptocurrency market, delivering services at a high standard—though execution remains highly challenging.

Since the launch of the Bitcoin spot ETF IBIT, BlackRock and global markets have been surprised by the robust demand for digital assets. However, he also noted that introducing more ETF products solely within the alternative investment ecosystem for digital assets may result in limited demand.

Rob Goldstein mentioned that although digital assets are fueled by intense religious-like enthusiasm and belief, in his view they represent a fundamentally new technology. The novel value proposition they enable drives innovation in more convenient, efficient, and cost-effective financial products. The greatest current barrier to this trend is investor education—how to help investors understand cryptocurrencies and integrate them into their portfolios.

Furthermore, Rob Goldstein stated that AI and cryptocurrency will mutually reinforce each other in ways not yet fully understood. For example, when AI Agents employed by enterprises conduct transactions, they will operate through digital rails rather than traditional bank accounts, driving exponential growth in digital assets and enabling exponential efficiency gains via AI Agents.

ChainThink News: On May 13, sources familiar with the matter revealed that Arm (ARM.O) and its major shareholder SoftBank Group approached Cerebras Systems just weeks before its IPO with an acquisition proposal, which Cerebras Systems has rejected.

According to public information, Cerebras is set to price its IPO on Wednesday, with a potential valuation reaching approximately $34 billion. Previously, the company informed potential investors that the IPO pricing is expected to exceed the upper end of its offering range, and the final market capitalization may be adjusted based on the actual number of shares issued;

The IPO pricing range is set between $150 and $160 per share. If demand remains strong, the range could be further increased, potentially making it the largest IPO transaction this year so far. (Jinshi)

ChainThink News, May 13: According to Jinshi News, Federal Reserve official Collins stated on the same day that patience with rising inflation is diminishing, and interest rates may need to remain at higher levels for a longer duration. In certain scenarios, further policy tightening might be necessary to ensure inflation returns to the 2% target.

Collins noted that traditional monetary policy often "ignores" sudden supply shocks, such as oil price hikes. However, given that inflation has exceeded target levels for over five consecutive years, the willingness to tolerate price increases is now declining.

She also mentioned that the current tight monetary policy may need to persist for some time, as the shock has slightly increased downside risks to the economy, while upside risks to inflation have further intensified. Collins added that if inflation begins to ease, the Fed could still proceed with rate cuts later this year;

but if the shock persists and drives prices even higher, she can envision the need for policy tightening to ensure inflation consistently returns to the 2% target within a reasonable timeframe.

ChainThink report, May 13: At the Binance Online livestream, Ella Zhang, head of YZi Labs, shared her insights.

She noted that in its early days, Binance Labs focused solely on blockchain and cryptocurrency sectors, overlooking the fact that major innovations and industrial transformations are not confined to a single niche. Had the vision been broader at the time, greater investments could have been made in AI-driven enterprises.

This year, her team's core focus lies in leveraging AI Agents to build intention-based decision-making frameworks. Key challenges include enabling permissionless and trustworthy payments, establishing user trust in AI Agents, and employing zero-knowledge proofs to ensure personal data is used exclusively for model training—YZi Labs is dedicating substantial resources to developing technical solutions for these issues.

In the RWA space, Ella Zhang highlighted two fundamental challenges: first, robust custody solutions for high-quality equities and securities remain underdeveloped—examples include the on-chain representation of real estate titles and insufficient trust-minimized infrastructure, which hinder widespread adoption of tokenized assets;

second, liquidity construction is inadequate, necessitating the establishment of efficient liquidity pools to reflect fair pricing prior to stock listings.

Finally, she emphasized that future Web3 projects may no longer require issuing additional tokens; instead, they can achieve value capture through equity tokenization. In the coming years, more blockchain and cryptocurrency firms are expected to opt for traditional stock market listings rather than relying solely on token issuance.

ChainThink message, May 13: According to personal channel update from trader Eugene Ng Ah Sio, the trader has liquidated their prior long position on SOL. This exit was triggered by a Bitcoin price decline. The trader also emphasized the need for strict risk management and announced a temporary hiatus to reassess strategy.

ChainThink News, May 13: According to official announcements, Pharos (PHAROS) has launched on Binance Alpha, synchronously initiating a token airdrop campaign.

The initial eligibility threshold for this airdrop requires users to hold at least 200 Alpha Points, enabling them to claim 45 PHAROS tokens on a first-come, first-served basis; if the reward pool remains unfilled, the eligibility threshold automatically decreases by 5 points every 5 minutes, with each claim consuming 15 Alpha Points.

Users must confirm their claim within 24 hours on the Binance Alpha page; failure to do so will result in forfeiture of airdrop eligibility.

ChainThink News, May 13: As the U.S. Senate Banking Committee prepares to deliberate on the "Clarity Act" the following day, committee members have submitted over 100 amendments.

The DeFi advocacy group @fund_defi has labeled several of these amendments as "anti-DeFi amendments," arguing they threaten the integrity of DeFi technology, user rights, and developer protections, and is urging supporters to urgently lobby senators to oppose them.

These amendments were jointly introduced by Democratic Senators Cortez Masto, Andy Kim, Chris Van Hollen, Warren, and Jack Reed, targeting core DeFi protection provisions in the bill—including the Blockchain Regulatory Certainty Act (BRCA), protections for non-controlling software developers, DeFi front-end safeguards, tokenization clauses, and proposed expansions of BSA/AML compliance obligations for developers and digital asset entities.

ChainThink News: On May 13, according to an official post by the CFTC Chairman, U.S. CFTC Chairman Mike Selig stated that under his leadership, the CFTC is preparing to regulate financial frontiers in emerging domains.

The Innovation Task Force is fully committed to advancing these efforts, ensuring that firms developing next-generation blockchain technology, artificial intelligence, prediction markets, and related fields have sufficient incentives to innovate in the United States.

ChainThink news, May 13: According to CoinDesk, French cryptocurrency hardware wallet company Ledger has paused its plans to go public in the U.S. due to unfavorable market conditions.

The company, previously valued at approximately $4 billion, had engaged Goldman Sachs, Jefferies, and Barclays as IPO advisors. It has not yet filed any registration documents with the SEC and is now considering private equity financing instead.

Previously, Kraken also suspended its IPO citing market environment concerns. BitGo's stock, already publicly listed, has declined by about 36% from its offering price, reflecting a general cooling of enthusiasm among crypto firms seeking U.S. listings.

ChainThink report, May 13: According to Coinbase's official Q1 2026 Ethereum validator performance report, the platform's staked ETH volume reached 4.5 million ETH, accounting for 12.17% of the total network staked ETH, with a commitment not to exceed 30% validator penetration rate on the Ethereum network.

Coinbase validators are distributed across five regions: Germany, Hong Kong China, Ireland, Japan, and Singapore. The Q1 average uptime was 99.98%, surpassing the network-wide average of 99.77%.

Since launch, the platform has experienced no slashing incidents or double-signing events. It currently employs two consensus-layer clients—Lighthouse and Prysm—and three execution-layer clients—Geth, Nethermind, and Reth.

ChainThink News, May 13: According to Coinglass data, the total liquidation value across the global cryptocurrency market reached $165 million in the past 4 hours. Among them, long positions accounted for $157 million in liquidations, while short positions amounted to $7.74 million in liquidations.

ChainThink report, May 13: According to a report on the AXIOS website, Anthropic has issued a warning regarding secondary market stock trading, with enforcement actions at least verbal so far.

The company stated that any sale or transfer of company shares or related equity interests not approved by the board is invalid and will not be recognized in the company's books and records, specifically naming eight secondary trading platforms including Hiive and Forge.

Anthropic’s restrictions are not uncommon but involve complex nuances. The company prohibits Special Purpose Vehicles (SPVs) from purchasing its shares, despite numerous SPVs claiming to offer indirect investment opportunities;

SPVs typically enter into derivative agreements with authorized holders, making regulatory oversight nearly impossible for issuers. Although Anthropic has issued strong warnings to potential buyers and sellers of shares, the company is unlikely to take significant enforcement measures.

ChainThink News, May 13, according to Jinshi, U.S. EIA crude oil inventory for the week ending May 8 decreased by 4.306 million barrels. The market expectation was a decrease of 2.051 million barrels, compared to a previous reading of a 2.313 million barrel decrease.

ChainThink news, according to The Wall Street Journal, AI startup Anthropic's latest funding round valuation may surpass $900 billion.

Founded in 2021 by siblings Dario Amodei and Daniela Amodei, former employees at OpenAI, Anthropic has long been positioned as an industry follower.

Currently, driven by deep focus on enterprise users and programming use cases, Anthropic’s growth has accelerated significantly this year, with momentum continuing to build—unlike OpenAI, whose growth shows signs of plateauing. Anthropic has evolved from a mere industry follower into OpenAI’s most formidable competitor.

ChainThink News, May 13: According to market data, driven by former U.S. President Trump's visit to China on the same day, the Nasdaq China Golden Dragon Index continued to rise, with gains expanding to 4%, resulting in broad-based rallies across Chinese-listed stocks on U.S. markets.

Individual stock performance details are as follows: Kingsoft Cloud (KC) up 18.45%, Meituan ADR (MPNGY) up 9.72%, JD.com (JD) up 8.26%, Alibaba (BABA) up 8.11%, NIO (NIO) up 7.48%, Baidu (BIDU) up 7.32%, Regenxbio (RGC) up 6.91%, PDD Holdings (PDD) up 5.35%, Bilibili (BILI) up 5.23%, Li Auto (LI) up 4.46%.

ChainThink news, May 13: According to The Block, crypto firm Anchorage Digital has partnered with Grupo Salinas, a business conglomerate owned by Mexican billionaire Ricardo Salinas Pliego.

Grupo Salinas will integrate Anchorage Digital's USD-pegged stablecoin infrastructure through its crypto division, Coinpro, aiming to compress cross-border payment settlement cycles, enable programmable real-time settlements, and meet compliance and security requirements of large financial institutions.

ChainThink report, May 13: According to Glassnode monitoring, the U.S. 10-year Treasury yield has rebounded to 4.4%, a level previously pressuring BTC prices. Bitcoin has now recovered above $80,000 under this interest rate environment, indicating a more effective market absorption of macroeconomic stress compared to previous cycles.

ChainThink News, May 13: According to social media posts, Arthur Hayes stated that the surge in the 10-year U.S. Treasury yield will force Trump to reach an agreement with China, otherwise traditional financial markets will face issues. Arthur Hayes also noted he is buying related assets at lower levels.