Co-CEO Arjun Sethi stated that the firm continued to invest during periods of market weakness, focusing on acquisitions and future growth to counterbalance a decline in spot trading, according to CoinDesk. This strategic approach aims to strengthen the company's position and ensure long-term stability despite current market challenges.

The intersection of crypto and AI is not a narrative, but a structural opportunity that is unfolding.

NYDIG, a digital asset investment firm, has issued a warning regarding the U.S. Market Structure Bill for cryptocurrencies. According to ChainCatcher, NYDIG highlighted that if the bill does not make significant progress before Congress's August recess, its chances of passing may significantly decrease. The firm noted that the current bipartisan consensus on a crypto regulatory framework might be a fleeting opportunity. If the bill is not advanced in the coming months, Congress's focus may shift to midterm elections, fiscal budgets, and partisan political issues once it reconvenes, potentially lowering the priority of crypto legislation. The bill is considered one of the most significant attempts to establish a regulatory framework for cryptocurrencies in the U.S. It aims to clarify digital asset classifications, delineate the regulatory boundaries between the SEC and CFTC, and establish uniform operational standards for exchanges and crypto businesses. However, significant disagreements remain on key issues such as stablecoin regulation, DeFi oversight, consumer protection, and political conflicts of interest, leading to slow negotiation progress. NYDIG emphasized that prolonged regulatory uncertainty is driving capital, talent, and innovation to regions with clearer regulations, such as the UAE, Singapore, and the EU. The crypto industry fears that missing this legislative window could lead to a repeat of the regulatory stalemate seen in recent years in the U.S.

The U.S. stock market opened with slight gains across major indices. According to Jin10, the Dow Jones Industrial Average increased by 0.04%, the S&P 500 rose by 0.15%, and the Nasdaq Composite gained 0.14%. Notable stock movements included Micron Technology, which saw a 4% rise, Nvidia with a 2% increase, and Intel climbing 5.3%. Meanwhile, Baidu experienced a 3.6% uptick, whereas Li Auto faced a significant drop of over 9%.

Elon Musk, Artificial Intelligence, Musk talks about "tenfold economy in ten years": AI, robots and the imagination of an era of abundance. Golden Finance, In Musk's view, we have entered the "hard take-off" of AI.

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Since Unipeg, innovations based on Uniswap V4 Hooks have sparked a mini-boom.

On May 17, Changxin Technology updated its IPO prospectus for the Science and Technology Innovation Board and resumed its listing review.

Under the leadership of new CEO Jason Droege, Scale AI's revenue has rebounded and is expected to exceed $1 billion this year.

Italy’s largest bank, Intesa Sanpaolo, dramatically expanded its crypto exposure in the first quarter of 2026, more than doubling its digital asset holdings from roughly $100 million at the end of 2025 to $235 million by March 31 — another sign that Europe’s banking giants are accelerating deeper into crypto markets.

Artificial Intelligence, Nvidia: A Comprehensive Guide to the Development of AI Silicon Photonics and its US Stock Targets (Jinse Finance) - The two hottest sectors in AI: storage and optical.

Federal Reserve Chairman Jerome Powell is about to step down, to be succeeded by Warsh. This is seen by the outside world as the US monetary policy system entering a "repricing phase," and the capital markets are paying close attention to the policy changes that Warsh may bring. Expectations for Fed rate cuts may shift to expectations of rate hikes.