Invest ideasNews
20 May 2026, 12:31
Crypto trader makes $1 million from this single bet
A cryptocurrency prediction markets trader has generated millions in profits through aggressive sports betting activity on Polymarket . One of the standout trades saw the investor , identified as “0x949,” make nearly $1 million from a single football wager after correctly betting on Manchester City to defeat Chelsea in the FA Cup final played on May 16, according to insights from Arkham Intelligence . The trader purchased roughly $1.10 million worth of “Yes” shares backing Manchester City at an average price of 53.3 cents. After the match settled in Manchester City’s favor, the position was sold for about $2.06 million, resulting in a profit of approximately $963,250 from that single bet alone. On-chain analytics of the trader. Source: Arkham Intelligence At the same time, the trader also emerged as one of the biggest winners in a broader month-long streak that pushed the wallet’s total profits above $4.2 million. On-chain data shows the account, labeled “Polymarket Proxy Wallet,” executed more than 4,300 prediction trades since being created in April 2026. They generated the gains primarily through sports prediction markets, with football bets accounting for several of the largest wins. Other profitable positions included bets tied to AS Monaco, Liverpool, Wolverhampton Wanderers, and RC Strasbourg, with some individual trades generating profits between $500,000 and $800,000. Trader’s recorded losses Despite the outsized gains, the account also recorded major losses. One failed bet on a Stuttgart versus Bayer Leverkusen match resulted in a loss exceeding $727,000, while another Barcelona versus Real Madrid position lost more than $680,000. The wallet processed more than $39 million in total trading volume and maintained a prediction win rate of 50.6%. Meanwhile, recent activity indicates the trader continues to place active football wagers on Polymarket, including fresh Aston Villa-related bets. On-chain analytics of the trader. Source: Arkham Intelligence The surge in high-profile crypto trading profits comes as another blockchain trader, as reported by Finbold, turned a modest Ethereum ( ETH ) investment into a fortune. In this case, an early Ethereum holder transformed an initial allocation worth about $120 in 2015 into nearly $900,000 after holding 400 ETH for almost 11 years. The wallet transferred 350 ETH valued at about $789,600, to Bitstamp while moving the remaining 50 ETH, worth roughly $112,750, into a new wallet. The trader held through multiple crypto bear markets and did not sell even when Ethereum reached record highs in 2021 and again in 2025. The post Crypto trader makes $1 million from this single bet appeared first on Finbold .
20 May 2026, 12:30
Tether acquires SoftBank’s stake in Twenty One Capital, strengthens Bitcoin reserve focus
BitcoinWorld Tether acquires SoftBank’s stake in Twenty One Capital, strengthens Bitcoin reserve focus Tether, the world’s largest stablecoin issuer, announced today that its subsidiary, Tether International, has acquired the stake previously held by SoftBank in Twenty One Capital, a publicly listed company known for its strategic Bitcoin reserve. The acquisition makes Tether International the controlling shareholder of Twenty One Capital. Details of the transaction According to the official announcement, SoftBank’s board members have resigned from the board as stipulated in the shareholder agreement, effective immediately upon completion of the transaction. Financial terms of the deal were not disclosed. The move signals a deepening alignment between Tether and Twenty One Capital’s long-term Bitcoin-focused strategy. Implications for Bitcoin strategy Tether stated that the transaction underscores Twenty One Capital’s ongoing development in its long-term Bitcoin reserve strategy and that the company will expand its support to strengthen this Bitcoin-focused approach. The acquisition comes at a time when institutional interest in Bitcoin as a reserve asset continues to grow, with several publicly traded companies holding significant Bitcoin treasuries. What this means for the market The deal reinforces Tether’s influence in the cryptocurrency ecosystem beyond its core stablecoin operations. By taking control of a company with a dedicated Bitcoin reserve, Tether is positioning itself to play a more direct role in Bitcoin accumulation and treasury management. This could have implications for how other stablecoin issuers and crypto firms approach Bitcoin as a strategic asset. Conclusion Tether’s acquisition of SoftBank’s stake in Twenty One Capital marks a notable shift in the corporate landscape of Bitcoin reserve strategies. With Tether International now in control, the company is expected to accelerate its Bitcoin-focused initiatives, potentially influencing broader market dynamics. The transaction highlights the increasing convergence between stablecoin issuers and Bitcoin treasury operations. FAQs Q1: What is Twenty One Capital? Twenty One Capital is a publicly listed company that maintains a strategic Bitcoin reserve, focusing on long-term Bitcoin accumulation and treasury management. Q2: Why did SoftBank sell its stake? SoftBank’s exit was part of the shareholder agreement terms following Tether International’s acquisition. The specific reasons for SoftBank’s decision were not disclosed in the announcement. Q3: How does this affect Tether’s business? The acquisition allows Tether to directly influence a company dedicated to Bitcoin reserves, potentially expanding its role in the Bitcoin ecosystem beyond its stablecoin operations and reinforcing its commitment to Bitcoin as a strategic asset. This post Tether acquires SoftBank’s stake in Twenty One Capital, strengthens Bitcoin reserve focus first appeared on BitcoinWorld .
20 May 2026, 12:30
XRP institutional demand declines in May
The institutional demand for XRP , the native token of the XRP Ledger (XRPL), declined in May after a notable accumulation in April 2026. The XRP institutional accumulation model on Binance – a tool tracking net buying activity from large wallets on the exchange – slipped back below zero in May, according to on-chain data from CryptoQuant analyzed by Finbold on May 20. The indicator dropped to approximately -0.0059 at the time of reporting, signaling that whale demand for the token has softened. Institutional accumulation mode on Binance for this token. Source: CryptoQuant As a result, April’s brief breakout, which marked the first positive readings in six months, has ended. However, the slowdown in its institutional accumulation in May remains close to zero, suggesting investors may be exercising caution after a notable increase in demand since early February 2026. “Despite this decline, the index remains close to neutral territory, indicating that the market has not yet entered a phase of strong distribution or widespread institutional exit,” Arab Chain noted on CryptoQuant. Furthemore, large XRP holders have already withdrawn nearly 403 million XRP, valued at more than $548 million, from the Binance exchange between May 1 and 15, based on recent insights from CryptoQuant . XRP price outlook amid institutional distributions Amid the recent decline in institutional demand for XRP, the token’s price has signaled bearish sentiment. Despite strong institutional demand in April, the token’s price has failed to rally beyond a crucial supply level around $1.50 over the past few weeks. As such, the token has dropped by more than 3% in the past 30 days, trading at roughly $1.36 at the time of reporting. This altcoin’s market cap shrank by $475 million over the past 24 hours to hover about $84.3 billion on Wednesday. XRP/USD 30-day chart. Source: Finbold Consequently, if the large XRP holders continue to distribute in the near future, further sell-off could be inevitable and vice versa. The post XRP institutional demand declines in May appeared first on Finbold .
20 May 2026, 12:30
Solana risks 30 dollar drop after support at 81.30 breaks
🚨 SOL threatens to fall to $30 if $81.30 support fails. Short-term price is stuck near $84 while buyers lose momentum. 🔑 Key point: A strong move in $SOL above $96 could trigger a new rally, but failure may lead to larger declines. Continue Reading: Solana risks 30 dollar drop after support at 81.30 breaks The post Solana risks 30 dollar drop after support at 81.30 breaks appeared first on COINTURK NEWS .
20 May 2026, 12:28
Vitalik Buterin outlines three near-term moves to bring native privacy to Ethereum
Ethereum’s co-founder, Vitalik Buterin, has revealed three technical initiatives that are already underway to move the network toward built-in transaction privacy. With growing demand for privacy and quantum resistance, Vitalik has presented his own proposals for how the network can deliver on what some individuals argue could lead to higher network fees and maximize relevance. What is Ethereum doing to add native privacy? In a post on X , Vitalik Buterin, Ethereum co-founder, named three live technical efforts to solve the problem of transaction privacy. Account abstraction paired with FOCIL (a forced inclusion list mechanism) A new proposal called keyed nonces Access-layer work, including a project called Kohaku and private read capabilities. FOCIL (Fork-Choice Enforced Inclusion Lists) makes it harder for anyone to block private transactions. Keyed nonces change how the Ethereum network counts and orders transactions. And the access-layer changes are aimed at preventing data leakage when wallets check the blockchain. Short-term things being done to shift Ethereum toward native privacy: * AA + FOCIL (makes privacy protocol txs, among many other things, first-class with strong inclusion guarantees) * Keyed nonces: https://t.co/BeTJvFhxiV * Access-layer work (Kohaku, private reads…) https://t.co/MImWVYXBQv — vitalik.eth (@VitalikButerin) May 20, 2026 The keyed nonces effort already has a formal specification. EIP-8250 replaces Ethereum’s single sender nonce with a two-part system. This gives frame transactions independent replay domains. The new system prevents observers from linking transactions that originate from the same account but belong to different contexts. The proposal aims to support up to 500 billion privacy-related records over eight years without damaging decentralization. Vitalik argued that storing these 500 billion “nullifiers” is actually easier for the network than storing regular data, because nullifiers have a simple structure that allows for sharding and bloom filters. That keeps Ethereum decentralized even at a massive scale. Aside from the replay problem, privacy protocols like Privacy Pools and Railgun currently depend on external relayers to broadcast transactions on a user’s behalf, adding cost and a single point of failure. Account abstraction lets these protocols verify signatures natively, while FOCIL’s inclusion lists make it harder for block builders to censor the resulting transactions. Combined, the two eliminate the relay dependency that has kept privacy tools expensive and fragile to maintain. In April 2025, Buterin posted a nine-step roadmap that includes changes like migrating wallets to a one-address-per-application model, replacing trusted execution environments with cryptographic private information retrieval for RPC calls, and building proof aggregation so multiple privacy transactions can share a single on-chain proof. On the same day as Buterin’s update, crypto analyst MilliΞ argued on X that native privacy is “the type of feature that can give an asset true ‘moneyness’ qualities” and predicted that layer-1 privacy could drive higher mainnet transaction fees. Ethereum is juggling privacy with quantum resistance Ethereum’s privacy upgrades are linked to its other defensive priorities. The Ethereum Foundation has announced that it is preparing quantum-resistant cryptography across four areas: consensus signatures, data availability commitments, account signatures, and application-layer zero-knowledge proofs. These areas overlap directly with Buterin’s privacy roadmap . Account abstraction, for instance, is an important part of both efforts. EIP-8141, which could arrive in the Hegotá hard fork in the second half of 2026, would let individual accounts adopt quantum-safe signature schemes without waiting for the whole network to change. Cryptopolitan has previously reported on how privacy and quantum preparedness often advance in tandem, since both depend on upgrading the same cryptographic primitives. The Ethereum Foundation formed a dedicated post-quantum security team in January 2026 and is aiming to complete the core infrastructure by approximately 2029. If you're reading this, you’re already ahead. Stay there with our newsletter .
20 May 2026, 12:27
ZEC Price Surges 10% as SEC Ends Zcash Foundation Probe With No Action
ZEC price rose 10% over the past 24 hours to trade near $564.30 after the Zcash Foundation said the U.S. Securities and Exchange Commission closed its investigation without recommending enforcement action. The update was included in the Zcash Foundation’s Q1 2026 report. The foundation said the SEC inquiry began with a subpoena in August 2023 and has now ended with the agency informing the organization that it does not intend to pursue enforcement action. The announcement removes a regulatory issue that had remained over the Zcash ecosystem for more than two years. Zcash is a privacy-focused blockchain network whose native token, ZEC, is used for payments and shielded transactions. SEC Closes Zcash Foundation Investigation The Zcash Foundation said the SEC’s decision gives it greater clarity as it continues work on protocol governance, network infrastructure, and future upgrades. The report described the first quarter of 2026 as one of the most active periods in the foundation’s history. The foundation also said the Zcash network continued operating normally during governance uncertainty involving Electric Coin Company. Governance disputes at ECC led much of its development team to leave during the quarter, according to the report. Despite that disruption, the foundation said Zcash continued producing blocks and settling transactions. It also said user funds and privacy were not affected, adding that the network’s decentralized structure allowed operations to continue without relying on one organization. Zcash Foundation Reports $36.7M in Liquid Assets As of March 31, the Zcash Foundation reported about $36.7 million in liquid assets. The holdings included 85,412 ZEC, 41.8 BTC, around 506,600 USDC, and a small amount of ETH. The foundation also reported average monthly operating expenses of about $272,500. The figures provide a view of its treasury position as it continues supporting Zcash development, governance, and network infrastructure. During Q1, the foundation said it deployed new DNS seeders in the United States and Europe after ECC’s DNS seeders stopped responding. DNS seeders help users and nodes discover peers on the network. The foundation also announced work on a native Rust DNS seeder built on the zebra-network crate. The system includes rate limiting, a lock-free architecture, and Prometheus metrics for monitoring. Engineering work also continued on Zebra, the Zcash Foundation’s node implementation. Zebra 4.0.0 focused on observability and developer experience, while Zebra 4.1.0 added broader Prometheus monitoring. The team also advanced work tied to Network Upgrade 7, known as NU7. ZEC Price Tests Key Technical Levels ZEC’s price move followed the SEC update and renewed attention on Zcash’s technical structure. Market analyst Ardi said ZEC has broken through both a descending trendline and the $540 macro resistance level. The analyst also noted that ZEC closed back above a prior lower high near $560 for the first time since the corrective structure began. Holding that zone as support could allow price to move toward the $590 to $600 resistance area. Source: X If the ZEC price fails to hold near $560, traders may look back to $540 as the next key support. The analyst said the clearest trade setups remain either a retest of $540 with invalidation below, or a break above the $640 highs. The current range places ZEC between restored support and overhead resistance. A sustained move above $600 could increase attention on the $640 level, while a move below $540 would weaken the short-term breakout structure.
