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A senior Israeli official stated on May 15 that Israel is preparing to resume military operations against Iran, which could last from several days to several weeks. The official noted that the United States understands there has been no progress in negotiations with Iran. He said Israel is preparing for a conflict of this duration and is awaiting a final decision from President Trump, adding that more would be known within 24 hours.

Abu Dhabi's sovereign wealth fund, Mubadala, has disclosed a holding of 14.72 million shares in BlackRock's iShares Bitcoin Trust (IBIT), according to its latest 13F filing. The position, valued at approximately $565.6 million, was reported as of the end of the first quarter.

Crypto analyst Michaël van de Poppe said on X that Bitcoin is showing its first bearish signal today. He noted that Bitcoin's upward momentum is weakening amid a correction in the Nasdaq and as the U.S. 10-year Treasury yield rises above 4.50%. According to the analyst, if the $76,000 support level holds, the door remains open for a further rally to around $90,000, the location of the 50-week moving average. However, he added that if this support level breaks, short-term downward pressure could intensify.

The Spot CVD chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, while the bottom displays the Cumulative Volume Delta (CVD). The Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price lingers in a certain range or moves significantly, with these brighter areas potentially acting as support or resistance. The CVD indicator represents buy and sell orders categorized by size. As buy orders increase, the corresponding colored line rises. - Yellow line: Orders from $100 to $1,000 - Brown line: Large orders from $1 million to $10 million

BitMEX co-founder Arthur Hayes stated on X that Hyperliquid (HYPE) is superior to the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE), adding his strong endorsement for the platform. Previously, both CME Group and the New York Stock Exchange had called for the regulation of Hyperliquid.

Grayscale has suggested that a delay in interest rate cuts could prolong bearish conditions for Bitcoin. In a recent report, the asset manager noted that renewed inflationary pressures in the U.S. make it likely the Federal Reserve will maintain its high-interest-rate policy for the time being, potentially slowing BTC's upward momentum. While this could weigh on non-interest-bearing assets like Bitcoin and gold, Grayscale suggested that regulatory improvements, such as the CLARITY Act, could provide a partial offset. Conversely, the report highlighted that the profitability of stablecoin issuers could improve, explaining that for every 25 basis point increase in short-term rates, Circle's (USDC) annual revenue grows by approximately $190 million.

Lombard (BARD), a Bitcoin-based financial infrastructure platform, has adopted Chainlink's (LINK) Cross-Chain Interoperability Protocol (CCIP) as its cross-chain standard, replacing LayerZero (ZRO), CoinDesk reported. The move is part of a broader industry trend of reviewing and replacing cross-chain standards after LayerZero's bridge was exposed in the hack of Kelp DAO's rsETH, which highlighted the security risks of such protocols.

Solana announced via X that Amundi, Europe's largest asset manager, and Spiko Finance are scheduled to launch UCITS funds on the Solana network.

Spiral, Block's open-source Bitcoin development organization, has launched Loupe, an AI-based tool for detecting security vulnerabilities in Bitcoin projects, Crypto Briefing reported. Loupe is a free tool designed to automatically detect security flaws in the open-source Bitcoin codebase and perform continuous code checks throughout the development process.

A whale has opened a 10x leveraged short position of 300,000 HYPE, valued at $13.2 million, on Hyperliquid, ai_9684xtpa reported. The position's average entry price is $43.3, and it is currently showing an unrealized loss of around $187,000.

Real-world asset (RWA) tokenization platform MSX announced it will begin subscriptions today for its second pre-IPO project, featuring AI firm Anthropic and prediction market platform Polymarket. The subscription price for early participants is 855 USDT for Anthropic, based on a $950 billion valuation, and 152 USDT for Polymarket, based on a $15 billion valuation. Further details, including the subscription schedule, limits, fees, and settlement mechanisms, are set to be announced through the MSX platform. The platform's first pre-IPO project, AI semiconductor firm Cerebras Systems, previously generated a 300% return from its pre-IPO to IPO trading.

Bitcoin fell to as low as $78,600 amid a surge in U.S. Treasury yields and renewed concerns about inflation, CoinDesk reported. The outlet noted that while BTC had climbed to $82,000 on May 13 after the U.S. Senate Banking Committee passed the CLARITY Act, it has since reversed course to trade around $79,000. This downturn has affected not only crypto but also U.S. stocks and gold, with the Nasdaq 100 and S&P 500 opening down 1.7% and 1.2%, respectively, and gold prices falling 2.5%. In contrast, international oil prices continued to rise, with WTI futures surpassing $100 per barrel. The market analysis suggests that rising energy prices and a potential re-acceleration of inflation are fueling concerns that major central banks may resume monetary tightening. The U.S. 10-year Treasury yield rose to 4.58%, a one-year high, while the UK 10-year gilt yield surged to 5.2%, its highest level since 2008. Meanwhile, according to the CME FedWatch Tool, the market is now pricing in a roughly 50% chance of at least one more interest rate hike this year, with the possibility of a rate cut having virtually disappeared.

Major exchanges have seen $123 million worth of futures liquidated in the past hour. In the past 24 hours, $520 million worth of futures have been liquidated.

GameSquare (ticker: GAME), a Nasdaq-listed media and entertainment company, announced that it held 15,502 ETH as of the first quarter of this year. The company added that it also holds $1.6 million worth of other altcoins.

Kraken's parent company, Payward, plans to lay off 150 employees ahead of its initial public offering (IPO), CoinDesk reported. Payward explained that the decision was made to improve organizational efficiency. Kraken's current workforce is reported to be 3,000. The company filed for an IPO with the U.S. Securities and Exchange Commission (SEC) last November.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

According to CoinNess market monitoring, BTC has fallen below $79,000. BTC is trading at $78,988.21 on the Binance USDT market.

Major exchanges have seen $114 million worth of futures liquidated in the past hour. In the past 24 hours, $426 million worth of futures have been liquidated.

The three major U.S. stock indices opened lower today. - S&P 500: -0.99% - Nasdaq: -1.39% - Dow Jones: -0.77%

If Bitcoin maintains $60,000 as its cycle low, the current downturn will mark the shallowest bear market in its history, according to an analysis by Unfolded. The firm added that while the current downturn has sparked fear, it has seen limited panic selling compared to previous market bottoms.

The 21Shares Hyperliquid (HYPE) ETF (THYP) recorded a net inflow of $4.9 million on May 14, The Block reported. Trading volume for the day also reached $8.1 million. Michael Friedman, head of capital markets at 21Shares, explained that the inflow appears to have increased after Coinbase was designated as Hyperliquid's USDC treasury partner.

According to CoinNess market monitoring, BTC has fallen below $80,000. BTC is trading at $79,928.01 on the Binance USDT market.

A memecoin using the name of Chinese entrepreneur Luo Yonghao has been blocked from search results in Binance Wallet after he protested to Binance founder Changpeng Zhao, BlockBeats reported. Luo had previously stated on social media that a cryptocurrency using his name and profile picture was being traded on the Binance platform. He called for the token to be delisted or for a formal reporting mechanism to be established to prevent user harm. The token is now no longer discoverable through the search function in Binance Wallet.

The odds of a U.S. Federal Reserve rate hike by January 2027 have surpassed 50% in the interest rate futures market, according to data from Kalshi, Walter Bloomberg reported via X. He explained that the outlook for a rate hike, which was previously near zero, has expanded rapidly and is beginning to reflect the possibility of a resumption of monetary tightening within 2026. The market is currently pricing in an approximately 34% chance of an additional rate hike before 2027.

CME Group and the New York Stock Exchange (NYSE) have urged for regulation of Hyperliquid (HYPE), citing concerns that the platform could be exploited for market manipulation and sanctions evasion, Bloomberg reported.