Analysis Archive – Page 48

Kraken Cuts 150 Jobs After AI Push, IPO Slips to 2027
Kraken trimmed roughly 150 roles after deploying AI internally, and reports now suggest its long-tracked IPO could slip into 2027.

Harvard Exits Entire ETH ETF Position, Cuts IBIT Stake by 2.3M Shares
Harvard's Q1 2026 13F shows the endowment sold its full Ethereum ETF position and trimmed 2.3 million shares of BlackRock's IBIT, a sharp reversal from its prior buildup.

Mubadala Lifts IBIT Stake to $660M as ETFs Bleed Outflows
Abu Dhabi sovereign wealth fund Mubadala raised its BlackRock IBIT position to roughly $660M, accumulating while US spot Bitcoin ETFs shed $1B in a week.

Japan's Largest Brokers Prepare to Sell Crypto Investment Funds
Japan's biggest brokerage houses are preparing to distribute crypto investment funds, opening a major retail channel for digital asset exposure in Asia's third-largest economy.

Bitmine Now Holds Over 5x More ETH Than Any Other Public Company
Cointelegraph reports Bitmine's ETH treasury is more than five times larger than the next-biggest public ETH holder, deepening single-name concentration.

1 in 5 Top Trump Officials Hold $193M in Crypto, Per Washington Post
Washington Post reports more than 20% of senior Trump administration officials disclose crypto holdings totaling at least $193M, raising conflict questions.

Polymarket Traders Price 60% Odds Bitcoin Breaks $75K
Polymarket pegs the chance of Bitcoin trading below $75,000 at 60%, with BTC at $78,214 as of May 16, 2026 and ETF flows turning red this week.

USDC Circulating Supply Drops by $1B in Seven Days
Cointelegraph reports USDC circulation fell by roughly $1 billion over the past week, contracting alongside a softening crypto tape and BTC near $78K.

Canaccord Wealth UK Partners With Bitwise to Offer BTC and ETH ETPs
Canaccord Wealth UK, a $70B AUM manager, will let select clients allocate up to 5% to Bitwise BTC and ETH ETPs under an exclusive partnership.

THORChain Halts Chain After Suspected Multichain Exploit
THORChain triggered an emergency halt on May 15 after a suspected multichain exploit, putting the cross-chain swap protocol's recovery and trust on trial.
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