Wu says it's a daily choice of encrypted news + Wu says it's a weekly selection: News Top10 and popular articles
1.2026 Reduction in the number of specialized investors holding bitcoin held down to 261,000 in a quarter, with 95 per cent reduction in institutional contributions
CoinShares Analysis 13F documents show that in the first quarter of 2026, professional investors held bitcoin holdings declined from 313,000 BTCs to 261,000 BTCs, a 17 per cent decline in ring ratio, and 13F filing agencies reduced their holdings by about 5.25 million BTCs in the same quarter. CoinShares states that hedge funds and voucher dealers contributed about 95 per cent of the reduction, of which hedge fund holding was 39 per cent lower than the hedge fund holding ring and 53 per cent lower; however, bank holding increased to about 15.2 million BTCs, Morgan Chase and the banks of the rich countries all increased holding, with the flag revealing BTC holding for the first time。
Bloomberg: Bitcoin Treasury market value evaporates by about $62 billion
As Bitcoin fell this week, Bitcoin Treasury (DAT) stocks continued to be under pressure. Data from Artemis show that the total market value of the related Bitcoin Treasury stock in a completely diluted calibre has fallen from a peak of almost $134 billion at the beginning of October to about $72 billion and about $62 billion evaporation. It has been reported that part of the digital asset bank has fallen more than the encrypted assets in its possession, and that there are pressures on the model of pre-prior financing, continuous purchase of currency, and that many companies have begun to reverse stock-breaking, issue priority securities, restructure financing arrangements, and even sell some of the encrypted assets that have been promised long-term holdings。
3. Catsie Wood: Misreading U.S. employment reports, technological innovations such as AI or driving deflation
The ARK Invest founder, Cathy Wood, wrote that the latest US employment report was stronger than expected, but that the market was misreading the signal. She noted that non-farm employment had increased by 172,000 people, 88,000 more than the market had anticipated, but productivity had increased at a rate of close to 3 per cent, with unit labour costs of about 0.5 per cent, which was not consistent with the inflation boom, but more like productivity-driven healthy growth. According to Cathy Wood, markets may underestimate the deflation effects of technological innovations such as AI; if their research is correct, the next phase of growth will either accelerate, inflation will decline, interest rates will decline and the dollar will grow stronger。
4. ZachXBBT questions Arthur Hayes, who uses fans to create exit liquidity, has repeatedly called for a single token to be sold
In response to BitMEX founder Arthur Hayes' communication that WLD tokens had been sold and had been released, the chain detective ZachXBT publicly questioned them about how much of the turnover they had created with fans over the past few days and pointed out that Hayes had done the same on NEAR, HYPE and ZEC. In response to the question, Arthur Hayes responded that it was only by chance that he had made the right decision based on his own business objectives. ZachXBT then rebuffed his behaviour with contradictions, stating that Hayes had first publicly looked at WLD many times and then quickly cleared it out in an unpredictable manner。
5. Chile dismantled a $9.0 million network of encrypted money-laundering involved, and about 20 persons were arrested
The Office of the Public Prosecutor of the Southern Metropolitan Region of Chile, together with the Chilean investigative police, dismantled a money-laundering network linked to Tren de Aragua, which involved approximately US$ 9 million and some 20 arrests. It was reported that one of the Banco Santander account managers had been arrested when the network was suspected of converting illicit funds into encrypted currency and transferring them through the exchange. According to Public Prosecutor Héctor Barros, this is one of the largest cases of money-laundering in Chile in recent years. The illegal activities in question have not been carried out through the Bank ' s business infrastructure and the Bank has cooperated in investigations。
6. Wu said Zhou's choice was to use Anthropic to find Zcash's fatal hole, micro-strategy to sell money for the first time in recent years, Hayes to clear the HYPE and Top10
This week, Top10
1. Strategy sold 32 bitcoins for the first time in recent yearslink
According to the 8-K document submitted by Strategy to SEC in the United States, during the period from 26 May to 31 May 2026, Strategy sold 32 bitcoins, for the first time in recent years, totalling approximately $2.5 million, at an average selling price of approximately $77,135. Documentation indicates that the proceeds from the related sales are expected to be used to cover priority dividends. As at 31 May, Strategy held 843,706 bitcoin, with a cumulative acquisition cost of approximately $63,870 million and an average acquisition price of approximately $75,699。
2. BitMine 26,497 ETH, total storage 5,416,901 last weeklink
Bitmine had an additional 26,497 ETHs last week, and the total hold had risen to 5,416,901 ETHs, or approximately 4.49 per cent of the total supply of the Taifung. The company ' s total encrypted assets, cash and other investments are valued at approximately $11.6 billion, including approximately $18.85 billion worth of ETH and $446 million in cash. BitMine states that 4,718,677 ETH have now completed pledges, representing more than 87 per cent of the total holding stock, and that the annualized pledge income at the current rate of return is approximately $258 million. Tom Lee states that the current prices of ETH have not yet reflected the continuous improvement in the basics of the THB and that the company expects to achieve its target of holding 5 per cent of the total supply of ETH in 2026. This week, Bitmine Immersion Technologies announced the issuance of 3 million annual shares, 9.50 per cent of the Series A priority stock, $100 per equity and initial liquidation priority, accumulated at 9.50 per cent annual rate, and plans to pay the declared dividends in cash on a weekly basis. Bitmine states that the net funds generated from this issue are intended for general business purposes and may include additional ETH and other digital assets, extended pledge and validation node infrastructure (including MAVAN), supplementary operating funds, strategic investments related to the ecology of the SFL and digital asset diffusion, and repurchase of common shares。
United States Treasury Secretary: The United States is “carefully” advancing strategic bitcoin reserveslink
The United States Treasury Secretary, Scott Bessent, stated at the Senate Finance Committee hearing that the Treasury Department was moving forward “at a prudent pace” with the strategic bitcoin reserves and digital asset reserves called for by the Trump Executive Order, and that the work was new and new and required the adoption of best practices that could be sustained over time. Bessent also stated that the United States Government was promoting legislative progress on digital assets and encouraged support for the CARITY Act to retain the digital asset business and regulatory framework on United States soil. The United States currently holds approximately 32.84 million BTCs valued at approximately $21.5 billion。
4. Coinbase: First bitcoin mortgage in the United Stateslink
Coinbase announced that the first United States mortgage, guaranteed by Fannie Mae, with bitcoin as the bottom asset, had been successfully disbursed. The loan was initiated and serviced by Better, and the technology was supported by Coinbase, which allowed borrowers to apply for loans to cover down payments for the house as collateral from BTC or USDC in their Coinbase account, without the need to impose a digital asset. Coinbase states that the product will be replicated throughout the United States this summer to provide Bitcoin holders with innovative mortgage options。
5. NUMBER OF ENCRYPTED VC TRANSACTIONS DOWN TO NEW LOWS SINCE 2021, WITH CONTINUED CONCENTRATION OF FUNDS IN HEAD PROJECTSlink
THE NUMBER OF VENTURE INVESTMENT TRANSACTIONS IN THE ENCRYPTION INDUSTRY DROPPED TO ABOUT 50 IN MAY, A NEW LOW SINCE 2021. FINANCING ACTIVITIES ON TRADITIONAL POPULAR TRACKS, SUCH AS INFRASTRUCTURE AND ENCRYPTED FINANCIAL SERVICES, ARE NEARING LOW LEVELS FOR MANY YEARS. THE CONTINUED SHIFT OF INVESTOR INTEREST TO AI AND THE REDUCED SUPPLY OF QUALITY EARLY PROJECTS IN THE ENCRYPTION INDUSTRY WERE IDENTIFIED AS MAJOR REASONS FOR THE DECLINE IN THE NUMBER OF TRANSACTIONS. HOWEVER, THE TOTAL AMOUNT OF FINANCING DID NOT DECLINE SHARPLY AT THE SAME TIME, AND FUNDING IS BEING FURTHER CONCENTRATED IN A FEW HEADLINE PROJECTS。
6. Arthur Hayes Clear HYPE and NEAR, stating that the market was high or that it appeared before Septemberlink
BitMEX co-founder Arthur Hayes wrote that all HYPE and NEAR warehouses had been sold and that the reasons would be explained in next week's article, Reality Test. Among the reasons outlined are: the war in Iran and the increase in energy prices due to stock replenishment, the three large AI companies IPOs that will be operating from the summer to the beginning of the third quarter of this year, and the possible shift of Trump to a counter-AI position to win the midterm elections. He suggested that the market heights might appear between now and September, and the choice was closed。
According to OnchainLens, Arthur Hayes has sold 24,7334 HYPEs, valued at approximately $1.802 million, and an unknown quantity of NEARs. Hayes had previously publicly launched a $100,000 charity bet against Multicoin for the creation of Kyle Samani, stating that HYPE would outperform all the top 10 encrypted currencies by the end of the year; Kyle Samani accepted the challenge and chose to support SOL。
7. Wintermute: Long-term funds are being purchased in OTC batcheslink
Wintermute states that the US stock rise is spreading from the AI chip unit to the software plate, and that the encryption market has failed to follow the risk asset for two weeks in a row. According to the report, some $2 billion has recently been flowing out of BTC and ETH ETF, and the incremental flows have increased to AI and small capitalization. Meanwhile, long-term funding has begun to buy BTC in bulk through the OTC channel, considering current prices attractive for the next 18 months; Wintermute expects BTC to be around $72,000, with critical support levels between $60,000 and $65,000 below. The report also notes that the hype has broken $70 and continues to grow to a record high, becoming the main currency decoupling a small number of the year from the overall encryption market, and that funds are being concentrated in applications and trading platform-type projects rather than infrastructure tracks。
CME Group Official Access 24/7 Encrypted futures and options trading, with an initial contract of $50 millionlink
The world ' s largest derivatives exchange, CME Group, announced that it was officially on line 24/7 encrypted currency futures and options trading services, allowing market participants to continue trading regulated encrypted derivatives on weekends and during non-traditional trading periods. The first weekend on the line was over 7,200 contracts with a nominal value of about $50 million. According to CME, this is intended to meet the market ' s demand for all-weather liquidity and risk management tools and to further bridge the gap between traditional financial markets and encrypted asset 24/7 trading patterns. In addition, Bitcoin Volatility Futures has simultaneously supported 24/7 transactions。
9. KSCP introduced encryption of cash transactions, transfers and hosting in 2027link
The U.S. coupons and the hosting giant Charles Schwab plan to launch encrypted currency spot transactions, transfers and hosting for their consultant hosting platform in 2027. According to Jalina Kerr, Managing Director of the Advisory Services, Schwab, the project is currently on schedule and is expected to go online around the middle of next year, but the timing may still be adjusted. Previously, Schwab had opened up its Bitcoin and Etherfam spot trading services to retail customers this year。
10. Zcash founder Zooko discloses Orchard 's serious falsification of the details of the loopholeslink
According to Zcash founder Zooko, security researcher Taylor Hornby used Claude on 29 May to discover that there were serious forgeries in Zcash Orchard Pool and disclosed to Zcash Open Development Lab (ZODL) that ZODL had subsequently coordinated an ecological emergency response, which was completed on 2 June. Shield Labs states that the loophole is real and exploitable, and that Taylor's program of using it in a local test environment can generate unlimited and undetectable forgeries of ZEC; because of Orchard's privacy, it is not possible to prove only whether the loophole was used before it was repaired by passwords, but it considers it less likely that it was previously used. Shield Labs is exploring a proposal for an upgrade of the network to deploy a new Shield pool and implement a turnstile accounting for all coins from Orchard pool, thus allowing anyone to verify the integrity of Zcash 's supply and prove that there is no forgery in Orchard pool。
The 1kx research partner Wei Dai sent comments on the Zcash Orchard zero-knowledge circuit loophole, stating that the loophole, which appeared to be visible afterwards, was still missing from the most prudent protocol designers, password scientists and auditors. He indicated that the situation could deteriorate further before it improved and that expanding formalized certification coverage might be the only long-term solution。
Following the discovery of a loophole, the Zcash miners and developers frozen Orchard Shirded Pool (about 30 per cent of the ZEC) in order to avoid being used prior to the release of Bug ' s repairs, which was followed by a hard fork; thus, the network was “partially inactive” and has now recovered. Multiple block browsers and wallets may not be synchronized, including Cake Wallet and Zodl Wallet。
Subsequently, Zcash Foundation announced the publication of Zebra 4.5.3 and 5.0.0 to repair the serious soundness gap in Orchard Action. Zebra 4.5.3 Temporary exclusion of Orchard actions by emergency soft fork at the height of the main network block 3,363,426; Zebra 5.0.0 activation of NU6.2 fork network upgrade at the height of the block 3,364,600 and re-enablement of Orchard using the modified circuit. Zcash Foundation indicated that the loophole had been discovered before it was known to be used, unauthorized value creation had not been discovered, user privacy had not been affected, Sapling and transparent transactions were functioning during the event, and recommended that all Zebra node operators upgrade to 5.0.0 as soon as possible。
Claude is an AI large model under the Anthropic flag that helped users to analyse, filter and match a large number of historical documents to find a bitco wallet for nearly nine years, holding 5 BTC (about $400,000)。
Focused financing events
- Coinbase announces investment in ProShares currency market ETFlink
- Ramp completed $750 million in F rounds of financing, with an increase to $44 billionlink
- WasabiCard completes the Pre-A round of financing and aggregates nearly $10 millionlink
- NewLimit co-founded by Coinbase CEO completes $435 million C round of financinglink
More industry financing events availablecrypto-fundraising.infoI don't know。
