Bullish Posts Strong Q1 Against Strong Headwinds, But Uncertainty Remains, Say Analysts – Bullish (NYSE:B

• Bullish stock is feeling bearish pressure. Why is BLSH stock falling?

Here are the key analyst insights:

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Cantor Fitzgerald: Bullish’s adjusted revenue grew 49% year-on-year to $92.8 million and its adjusted EBITDA grew 166% to $35.1 million, with an adjusted EBITDA margin of 37.9%, Knoblauch said in a note.

Management indicated that adjusted revenue grew sequentially across the board, despite Bitcoin prices declining by around 24% during the quarter, he added.

Rosenblatt Securities: Bullish reported “relatively impressive” results, despite falling cryptocurrency prices and declining activity levels that proved to be a tough quarter for most…

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XRP Surged As The CLARITY Act Advanced—And Now It’s Down 2%: What Is Happening?

XRP (CRYPTO: XRP) spiked to $1.55 following the CLARITY Act passing the Senate Banking Committee before pulling back below $1.45

Whales Hold 45.83 Billion XRP Tokens

Wallets holding at least 10 million XRP now control 45.83 billion tokens worth $68.5 billion, representing 68.5% of circulating supply. 

This marks the highest whale concentration since May 2018, signaling major holders are accumulating rather than distributing into strength.

The spike to $1.55 occurred immediately after the Senate Banking Committee passed the CLARITY Act 15-9, legislation that could formally reinforce XRP’s regulatory status as a commodity rather than a security.

ETF Inflows Accelerate To $49.63M Weekly

U.S….

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The Trump Family Trust Bought Bitcoin-Linked Stocks In First Quarter: Filing

Donald Trump’s family trust bought shares in several bitcoin-linked companies during the first quarter of 2026, according to a financial disclosure filed with the US Office of Government Ethics. These moves come as his administration advances a more supportive stance on digital assets.

The filing, submitted through two Form 278-T reports, shows more than 3,600 transactions between January and March with a total value ranging from $220 million to $750 million. Most of the activity focused on large-cap technology firms, banks, and index funds, yet a set of targeted purchases tied to the crypto sector has raised fresh ethics questions.

The disclosure lists nine purchases of…

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What’s Going On With Bitcoin Depot Stock Friday? – Bitcoin Depot (NASDAQ:BTM)

The Nasdaq is down 1.30% while the S&P 500 has shed 0.94%.

Bitcoin Depot Warns Of Going Concern Risk

Recently, Bitcoin Depot said it may not be able to continue as a going concern after reporting a sharp revenue decline, rising litigation costs and ongoing regulatory pressure tied to its Bitcoin ATM business. The company disclosed the risks in an 8-K filing with the U.S. Securities and Exchange Commission.

The company filed a Form 12b-25 on May 12, stating it could not complete its quarterly Form 10-Q for the period ended March 31, 2026, within the required deadline. Bitcoin Depot said it needed additional time to review financial statements related to a previously disclosed material…

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Shiba Inu Underperforms DOGE By 8 Percentage Points: What Is Going On?

Burn Rate Spikes

Shibburn data shows over the past 24 hours the ecosystem reported a spike of 1,034.8% in its burn rate as one single transaction involved the burning of 25.04 million SHIB.

Over the last 30 days, Shibarium removed 198.2 million SHIB although unable to create a supply scarcity bullish impact on its price.

Bullish Setup, But Don’t Get Carried Away

Trader Javon Marks said Shiba Inu appears to be breaking out of a falling wedge pattern, a setup often viewed as bullish.

The analyst noted SHIB previously rallied nearly 6x after a similar breakout and believes a stronger move could follow this time if broader altcoin momentum continues building.

Onchain research and narrative trader…

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Hyperliquid ETF Race Heats Up As Bitwise Launches Staking-Powered BHYP Fund – Common Shares of Beneficial

Key features of the Bitwise Hyperliquid ETF (BHYP):

Spot exposure to Hyperliquid’s HYPE token

First U.S. Hyperliquid ETF with in-house staking integration

Sponsor fee of 0.34%

Fee waived to 0% for the first month on the fund’s first $500 million in assets

Managed staking through Bitwise Onchain Solutions

Hyperliquid, a Layer 1 blockchain focused on decentralized derivatives trading, has rapidly emerged as one of crypto’s fastest-growing ecosystems. According to Bitwise, the network processed $2.9 trillion in trading volume in 2025, up more than 400% year over year, while capturing roughly 60% of global on-chain derivatives open interest.

The platform, best known for its…

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DMND And RootstockLabs Partner To Bring Stratum V2 To Merge-mining

Today DMND and RootstockLabs announce a new feature rollout intending to further the decentralization of Bitcoin mining. The new feature uses Stratum V2 to enable miners at the pool engaging in their own block template construction to also handle the selection and inclusion of merge-mined block commitments from the Rootstock (RSK) sidechain as well.

Merge-mining is a process by which multiple blockchains can share, or “reuse”, the same POW from the same set of miners. One blockchain, the child chain, structures its block headers to include the headers of the parent chain, i.e. the hash of the child chain’s block header is actually included inside a parent chain block…

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Cardano Whale Share Hits 6-Year High, But ADA Is Still Down 71% From The Highs

Cardano (CRYPTO: ADA) whales now control 67% of supply, the highest concentration since July 2020, after accumulating through a 71% crash over nine months.

Whales Stack 25 Billion ADA

Wallets holding at least one million ADA now control 25.09 billion tokens, representing 67.47% of circulating supply. 

The accumulation trend has run uninterrupted since December 2023, with large holders buying on price weakness.

The token has shed 71% of its market cap over the past nine months, suggesting the largest holders have been stacking coins while retail capitulated.

DeFi Activity Collapses 80%

Cardano’s DeFi footprint has gone in the opposite direction. Total value locked sits at $137 million, down…

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XRP’s Next Major Rally Could Depend On Bitcoin Going To $94,000, Analyst Says

Why Bulls Are Watching BTC Closely

In a May 14 podcast, trader Cryptoinsightuk tied his bullish thesis to a combination of macro catalysts, including ongoing crypto regulation efforts, improving U.S.-China relations and shifting Federal Reserve leadership expectations.

He added that Bitcoin remains trapped in a critical decision zone between roughly $84,000 and $94,000. Negative BTC funding rates, low search trends point to bearishly positioned traders and weak retail interest despite the recent price rebound.

A confirmed breakout above that range could trigger aggressive short liquidations and force sidelined traders back into the market, potentially accelerating upside momentum rapidly.

Benzinga

Strategy (MSTR) Files To Repurchase $1.5B In 2029 Convertible Notes As STRC Hits Record $1.53B Daily Volume

Strategy, the Tysons Corner-based software and Bitcoin treasury firm formerly known as MicroStrategy, filed a Form 8-K on Friday announcing plans to repurchase $1.5 billion of its convertible notes due 2029 — a significant balance sheet move that comes as the company’s preferred stock instrument, STRC, continues to attract record investor demand.

The repurchase announcement arrives one day after STRC, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, recorded an all-time high daily trading volume of $1.53 billion on Thursday, surpassing the prior record of $1.1 billion set on April 13. 

Executive Chairman Michael Saylor confirmed the milestone on X, calling it…

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