Bitcoin’s open interest on Binance expanded by about 40% over the past 82 days, rising from $6.4 billion in early March to roughly $8.9 billion by May 22. The move pushed OI above its 180-day moving average, while funding rates turned positive, as BTC traded near $77,145 at press time. Finbold AI Agent projected BTC could fall 2.34% to $75,343 on May 29, even as a rebound above $80,000 was framed as possible if leverage-driven long demand persists.

Tokenized exchange-traded funds (ETFs) reached a new high in participation on May 20, with unique holders rising 11,803% year over year. Holder count stood near 44,400 at press time versus 373 a year earlier, while the sector's market cap was about $437.6 million and activity centered mainly on Solana, BNB Chain, and Ethereum.

Institutional demand for XRP weakened in May after a burst of accumulation in April 2026. On May 20, Binance's XRP institutional accumulation model slipped below zero and was around -0.0059, while large holders also pulled nearly 403 million XRP (worth over $548 million) off the exchange between May 1 and 15. XRP traded near $1.36 at the time of reporting, down more than 3% over 30 days, with market cap about $84.3 billion.

Ali Martinez said on May 20 that Bitcoin could move toward $94,849 if it stays above the $72,962 support area. He based the levels on Glassnode's MVRV Ratio, with $94,849 matching the long-run average and $72,962 sitting about 0.5 standard deviations below the mean. Martinez also warned that losing $72,962 could open the way toward the realized price near $54,270.

On May 18, Iran introduced a Bitcoin (BTC)-backed digital shipping insurance product called "Hormuz Safe" aimed at Iranian shippers and cargo owners. The service is positioned as a fast, verifiable way to cover transit-linked risks, while lawmakers also pointed to a new mechanism to manage passage through the Strait of Hormuz.

Goldman Sachs fully unwound its Solana (SOL) spot ETF exposure in the first quarter of 2026, reversing a position valued at about $108 million. The move was disclosed in a Form 13F filed with the SEC on May 15, 2026, and coincided with SOL sliding over 13% in the past seven days to around $84.31, with market cap near $48.8 billion.

On May 18, BlackRock's iShares Bitcoin Trust (IBIT) stepped up Bitcoin selling after its six-week streak of cash inflows ended. The fund moved 2,221 BTC to Coinbase Prime, worth about $170.59 million at press time, while BTC was down 4.61% over seven days to around $77,410 and its market cap fell by $22.3 billion over 24 hours to about $1.5 trillion.

SpaceX holds 8,285 Bitcoin valued at roughly $637 million, putting more than $600 million of BTC on its balance sheet. The figures were compiled on May 18 from Arkham Intelligence data. The company is also targeting a June 12, 2026 Nasdaq listing under the ticker SPCX.

Top XRP holders reduced exposure over the past 30 days, with the top 100 XRPL wallets posting a net outflow of 481,409,805 XRP valued at about $693,229,719. Over the last 24 hours, the same cohort trimmed 27,085,842 XRP worth roughly $38,003,612, while XRP traded around $1.45 after failing to hold above $1.50.