Trading

Keyrock's May 2026 report says AI agents settled more than $73 million across about 176 million transactions since May 2025, with the average payment near $0.48. It adds that 76% of those transactions fall below card networks' $0.30 fixed-fee floor and that 98.6% of recorded payments were settled in USDC. The report also outlines four emerging machine-payment approaches from Coinbase, Stripe/Tempo, Google, and Visa while noting upcoming enforcement dates for MiCA, the GENIUS Act, and the EU AI Act.

Ethereum’s April rebound has lost traction as leveraged long positioning grows faster than spot demand. Funding stayed positive near about 0.0105% with ETH around $2,114, while earlier on April 17 ETH was near $2,420 even as funding turned negative around -0.0040%. With spot absorption still fragile and macro conditions tightening, crowded longs could amplify ETH volatility rather than sustain a breakout.

Bitcoin rebounded after a weak weekend start tied to reports of a possible U.S.–Iran agreement, but a technical setup suggests the move may still be fragile. A chart shared by analyst Aksel Kibar outlines an ascending channel on the daily timeframe, with a potential pullback zone around $72,000–$72,500 before any rebound attempt.

Morpho (MORPHO) rose 10.3% over the past day at press time, alongside increased activity in its perpetuals market. Longs made up 54% of perpetual volume and the Long/Short ratio hit 1.27, while open interest jumped 11% in the past 24 hours and funding reached 0.0053%. Technically, price was approaching $2.23; a break could target $2.36, while a rejection may pull it back toward rising channel support.

Gold hovered around $4,509 per ounce on Sunday after sliding about $30 to $35 over the May 17-24 window, as the U.S. dollar stayed firm and Treasury yields climbed. The DXY held roughly between 99.0 and 99.4 while the 10-year yield moved toward 4.5% to 4.6%, helping keep demand cautious and contributing to ETF outflows.

EigenCloud (EIGEN) rose more than 20% in the past 24 hours as daily spot volume increased 27% to about $34 million. The move coincided with higher on-chain activity over the last three days and a 94% surge in Binance futures volume. Price is trading near neckline resistance around $0.23, with indicators showing strong momentum but overbought conditions.

Hyperliquid's HYPE climbed 49% over the past week and reached a record $64.20 after gaining 15% in the last 24 hours. New U.S. spot HYPE ETFs launched on May 12 and May 14 and drew over $53 million in their first week, alongside reported on-chain and exchange-withdrawal signals of accumulation.

Bitcoin was trading around $77,000 on May 24, 2026 after failing again near the 200-day moving average at $82,000-$83,000, keeping traders focused on whether $60,000 could be revisited. Over the prior two weeks, spot Bitcoin ETFs saw $2.26 billion of net outflows while perpetual swap funding stayed negative for 81 straight days, two signals pointing to cautious positioning. Analysts highlighted $81,000-$85,000 as resistance and $75,000-$76,000 as a key support zone to hold.

Ondo Finance (ONDO) bounced from $0.37, held the $0.4 level, and moved as high as $0.44 before trading around $0.42, up 10.45% on the day. While Open Interest climbed 15% to $223 million, overall participation looked softer as trading volume fell 32% and derivatives volume dropped 37%. Spot metrics stayed net-sell, with 24-hour sell volume at 101 million versus 99 million buys and Spot Netflow rising 280% to $2.1 million.

Nasdaq has introduced regulated, exchange-listed Bitcoin index options, a product the article argues could make it easier for institutions to hedge spot-linked exposure and potentially scale allocations. CoinGecko data cited in the piece shows Bitcoin opened the week near $78,000, slid to $74,000 on May 22–23, then rebounded on May 24 to around $76,843, with the week ending at $76,856.