Invest ideasNews
13 May 2026, 10:00
Upexi Shares Sink as Solana Treasury Strategy Faces Pressure
Despite the losses, revenue increased 46% year-over-year to $4.6 million due to staking income. The company currently holds around 2.5 million Solana tokens worth over $238 million, making it one of the largest corporate Solana holders. Upexi Shares Drop After Weak Quarter Shares of crypto-focused treasury company Upexi declined more than 8% on Tuesday after the firm revealed a much wider net loss of $109 million for its fiscal third quarter. The losses were primarily tied to the declining value of its cryptocurrency holdings, particularly its large exposure to Solana. Upexi share price over the past 24 hours (Source: Google Finance) According to the company’s latest filing, Upexi recorded approximately $92.3 million in unrealized losses related to its digital assets. Unrealized losses occur when the value of assets held by a company falls below the purchase price, even if those assets have not yet been sold. Despite the heavy losses, the company still managed to grow total revenue by 46% year-over-year to $4.6 million, largely driven by staking rewards generated from its crypto holdings. During the company’s earnings call, Upexi CEO Allan Marshall acknowledged the difficult environment facing the company and the crypto industry. He pointed to the continued decline in the price of Solana and shrinking valuation multiples across the market as major factors that negatively affected the company’s financial performance and stock price. SOL’s price action over the past 6 months (Source: CoinCodex) Marshall explained that the company is trying to strengthen its position rather than simply waiting for market conditions to improve. Upexi has been pursuing several initiatives, including share buybacks and a convertible note offering to raise more capital. The company believes these measures will help improve its long-term fundamentals while it builds its Solana-focused treasury strategy. As of March 31, Upexi held approximately 2.5 million Solana tokens valued at more than $238 million, making it the third-largest corporate holder of Solana behind Forward Industries. Upexi’s shift toward becoming a Solana treasury company began in April of 2025 after previously operating primarily in the consumer products and e-commerce sectors. Marshall also believes Solana will eventually be valued independently from Bitcoin as investors gain a deeper understanding of the differences between the two networks. He described Bitcoin as a store of value similar to digital gold, while portraying Solana as a technology platform capable of modernizing financial infrastructure. However, he admitted that Bitcoin’s price movements still heavily influence Solana in the near term.
13 May 2026, 09:42
Bitcoin Quick Dip Below $80K Rejected: Bulls Regain Key Support – Next Move?
Some investors might have been nervous as Bitcoin fell below $80K on Tuesday. However, the dip was quite short-lived and the $BTC price bounced from the top of its bear flag and regained the major $80K horizontal support. Is that the extent of this period of negative price action, or could there be more to come? Bear flag trendline holds up the $BTC price Source: TradingView As can be seen in the short-term time frame, the $BTC price fell out of the bull pennant , and also battled to hold the major horizontal support. However, from the bulls’ perspective, the star of the show was the top trendline of the bear flag. This was also pierced, but the price quickly regained this trendline and has since returned to try and hold above the major support and to try and reenter the bull pennant. It may be that the bull pennant could be drawn differently with a lower bottom trendline. This incorporates the latest price action and provides a lot more touches, making this triangle the more valid pattern. Up or down from here? There could be more touches of that lower trendline, but as the bear flag trendline rises to a similar level as the major horizontal level, these two supports should be strong enough to prevent any candle bodies from falling below them. The Stochastic RSI indicators recently touched bottom and are on their way back up. Upside momentum is probably more likely. Battle royale begins Source: TradingView In the daily chart it can be observed that the $BTC price is still trying to consolidate above the major support and the top of the bear flag. This probably won’t be a drawn out process given that the 200-day SMA is bearing down fast on the price action , squeezing it into a narrowing space with the major supports beneath. Something has to give. The 200-day SMA is a very tough proposition to get above, and it’s one of the main factors that tells us if this is a bull or bear market. Bull market is above. Below the price is the major support and the top of the bear flag. While one further thing to consider is that the momentum is currently to the upside. The green circle is where this battle royale is going to take place. By the time the price action leaves this circle we should have a decent idea of its direction. A waiting game in the weekly time frame Source: TradingView In the weekly time frame waiting is the name of the game. Less than half way through the week, anything can still happen. As it stands, the bulls have the upper hand for the short to medium term outlook. Major support is holding, The stochastic RSI indicators are at the top of their range, and there is a breakout in the Relative Strength Index (RSI) above the descending trendline , as can be seen by the green circles. Will this still be the case at the end of the week? Only time will tell. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
13 May 2026, 09:25
SEC greenlights NYSE rule change for blockchain-based stock token pilot
BitcoinWorld SEC greenlights NYSE rule change for blockchain-based stock token pilot The U.S. Securities and Exchange Commission has formally allowed a New York Stock Exchange rule change that paves the way for a pilot program tokenizing shares of major companies and exchange-traded funds on blockchain infrastructure. The amendment, submitted by the NYSE on May 1 and published by the SEC on May 12, is now in effect. What the new rules allow Under the approved framework, institutions qualified by the Depository Trust & Clearing Corporation for its pilot program can trade tokenized versions of stocks and ETFs using distributed ledger technology. The tokenization scope is limited to components of the Russell 1000 index and ETFs that track major benchmarks. Each token will carry the same ticker symbol as its underlying security and grant identical shareholder rights, including dividend distributions, trading priorities, and fee structures. This means token holders will have the same legal and economic standing as traditional shareholders. Timeline and rollout The DTCC pilot program is set to run for three years. The corporation previously indicated that trading of these tokens would begin in July, with a more comprehensive platform expected to launch in October. The phased rollout suggests the DTCC is approaching tokenization cautiously, testing settlement and custody mechanics before expanding. Why this matters for markets The approval marks a significant step toward integrating blockchain technology into the core infrastructure of U.S. capital markets. Tokenization could reduce settlement times, lower operational costs, and enable more efficient collateral management. However, the pilot’s narrow scope—limited to Russell 1000 stocks and major index ETFs—indicates regulators are taking a measured approach, prioritizing system stability over rapid expansion. For institutional investors, the program offers a controlled environment to test blockchain-based trading without disrupting existing market structures. The three-year timeline provides sufficient data for regulators to assess risks related to custody, liquidity, and market integrity before considering broader adoption. Conclusion The SEC’s approval of the NYSE rule change represents a carefully calibrated regulatory green light for tokenized securities in the U.S. market. While the pilot program is limited in scope and duration, it establishes a precedent for how traditional exchanges and clearing houses can experiment with blockchain technology within the existing regulatory framework. Market participants should watch the July and October rollout milestones closely for early signals on scalability and institutional appetite. FAQs Q1: Which securities can be tokenized under this pilot program? Only stocks that are components of the Russell 1000 index and ETFs tracking major indices are eligible. This excludes smaller companies and alternative asset classes. Q2: Will token holders have the same rights as regular shareholders? Yes. The tokens carry identical shareholder rights, including dividends, voting where applicable, trading priorities, and fee structures as the underlying securities. Q3: How long will the pilot program run? The DTCC pilot program is approved for three years, with initial trading expected to begin in July and an expanded platform launch planned for October. This post SEC greenlights NYSE rule change for blockchain-based stock token pilot first appeared on BitcoinWorld .
13 May 2026, 09:17
Capital B raises €15.2 million to grow bitcoin treasury
Capital B, a France-based bitcoin treasury firm, raised €15.2 million through a private placement on 11 May 2026. Investors include Blockstream CEO Adam Back and French asset manager TOBAM.
13 May 2026, 09:03
Trump Just Flew to China With Elon Musk, Larry Fink, and Jensen Huang: Is a Trade Deal News About to Send Bitcoin to $90,000?
Bitcoin price climbed to a 24-hour high of $81,000 as Trump-China trade news pushed BTC toward its most structurally significant resistance in months. The question now is whether the geopolitical narrative has enough legs to carry BTC through $90,000, or whether the move is front-running an outcome that hasn’t materialized yet. Bitcoin (BTC) 24h 7d 30d 1y All time What Is the Trump-China Trade Driving Bitcoin Toward $90k? President Donald Trump’s state visit to China , the first U.S. presidential trip to the country in nearly a decade, landed with immediate market impact. Trump boarded Air Force One with a delegation of over a dozen U.S. executives, including Tesla’s Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, and, confirmed as a last-minute addition on May 13, Nvidia CEO Jensen Huang. This is absolutely insane. President Trump is currently flying to China with all of the following people to request "deals" with China's President Xi: 1. Elon Musk, Tesla and SpaceX CEO 2. Jensen Huang, Nvidia CEO 3. Tim Cook, Apple CEO 4. Larry Fink, BlackRock CEO 5. Stephen… — The Kobeissi Letter (@KobeissiLetter) May 13, 2026 Markets are pricing in a specific scenario: a framework agreement between Trump and Xi Jinping that eases tariffs on semiconductors and electronics, tariffs that peaked at 60% on Chinese goods in late 2025, alongside potential deals on rare earths and aviation. US Treasury Secretary Scott Bessent began preparatory talks with Chinese officials in South Korea ahead of the summit, with meetings scheduled with Chinese Vice Premier He Lifeng on Wednesday. Successful outcomes could stabilize global supply chains and directly reduce one of the key macro headwinds suppressing risk appetite. Bitwise strategist Juan Leon framed the stakes precisely, stating that “reduced tariff risks could unlock $1 trillion in sidelined capital for crypto.” Near-term, if the Trump-Xi summit produces even a preliminary trade framework by May 15, Bitcoin’s path to $88,000–$90,000 opens quickly. If talks stall, the unwinding of the Trump trade could be sharp. BTC already dipped to $79,832 when US CPI came in hot at 3.8%, demonstrating how quickly macro data can cut through geopolitical optimism Can Bitcoin (BTC) Break $90,000 Upon the News? Bitcoin price is trading above $81,000 after printing a session high of $81,248, recovering from a $79,832 low set earlier when CPI data disappointed. The first meaningful resistance cluster sits at $82,500 to $83,500, a zone that has capped multiple recovery attempts over the past 2 weeks. Above that, $88,000 to $90,000 is the decisive range. The 200-day SMA sits in that vicinity, and $90,000 has become a magnet for stop orders and institutional limit sells. Source: BTCUSD / Tradingview Clearing $90,000 on above-average volume opens the door to $93,000 to $95,000, the range where BTC traded post-election in November 2024. The SMA-50 at $84,500 needs to flip to support before a clean $90,000 test becomes structurally sound rather than just a spike. On the downside, $79,500 to $80,000 is the line that must hold. A daily close below $79,500 breaks the current higher-low structure and reopens the $75,000 to $76,000 support band. The bull structure is intact above $80,000, but not yet confirmed as a trend resumption. That confirmation requires a clean close above $84,500. 2 external variables are in play this week. Kevin Warsh’s expected confirmation as Fed Chair and the CLARITY Act markup are scheduled for Thursday. Both are net positive for BTC if they land clean. Both could introduce volatility that resets the setup if they do not. The chart needs a daily close above $84,500. Everything else is noise until that print. The post Trump Just Flew to China With Elon Musk, Larry Fink, and Jensen Huang: Is a Trade Deal News About to Send Bitcoin to $90,000? appeared first on Cryptonews .
13 May 2026, 08:30
JPMorgan Eyes Ethereum Again With Second Tokenized Treasury Fund
JPMorgan Asset Management has filed with the U.S. Securities and Exchange Commission to launch a second tokenized money market fund on the Ethereum network, accelerating Wall Street’s push to bring traditional finance instruments onchain. Kinexys Powers the Onchain Infrastructure The move comes roughly five months after the bank debuted its first tokenized fund, the Onchain
