Coinbase to List Citrea (CTR)
May 26 – According to official sources, Coinbase is now supporting Citrea (CTR). Users in regions where trading of CTR is approved can generate deposit addresses for the asset via the Coinbase website, mobile app, and exchange. That said, CTR deposits won’t be functional until the token’s issuer enables its transfer functionality.
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Opinion: US Stock Short Positions Reach an All-Time High, Bitcoin May See a 'Decoupling Moment'
May 26: XWIN Research published a note pointing out that short positions in the U.S. stock market have recently surged to an all-time high. But this doesn’t signal broad market bearishness, the report argues.
Data shows hedge funds’ total leverage ratio has climbed to roughly 293%. Both the S&P 500’s short exposure and Days-to-Cover ratio hit record peaks, indicating institutional investors are maintaining large long positions while significantly boosting their hedge bets. The market is now in a structural state of “high leverage with concurrent long and short expansion”: the surface trend remains upward, yet internal defensive sentiment is sharply rising.
The core driver of this dynamic is that funds keep concentrating in AI-linked mega-cap stocks. A flood of capital is flowing to just a handful of tech giants, while mid-cap and weaker sectors face sustained shorting. This has kept the index afloat but is building up internal fragility. Such a structure suggests that once the AI
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JPM Strategist: US Stock Market Overvalued Amid Rate Hike Risk
May 26th — According to J.P. Morgan analysts, the current market is overpricing the risk that central banks will raise interest rates, creating conditions for a rebound in low-volatility stocks like consumer staples and utilities.
Despite investor fears that the Iran conflict could trigger an energy price shock — which might spark another wave of rate hikes similar to the period after Russia’s 2022 invasion of Ukraine — the J.P. Morgan team led by Mislav Matejka notes today’s macro environment is markedly different from back then.
In a research report, the strategists explain that all parties involved in the conflict are ultimately pursuing an “exit strategy.” As such, they project bond yields and oil prices will trend downward over the next six to 12 months. They also forecast corporate earnings will remain strong, and argue stagflation is not the most likely macro scenario for the second half of the year. (FXStreet)
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Quantum computing company Quantinuum is seeking to raise $1.05 billion through an IPO
May 26: Quantum computing firm Quantinuum Inc. is looking to raise $1.05 billion via an initial public offering (IPO) in the U.S., according to Bloomberg, capitalizing on current investor enthusiasm for quantum computing technology.
In a filing submitted to the U.S. Securities and Exchange Commission (SEC) this Tuesday, Quantinuum plans to issue roughly 21 million shares at a price range of $45 to $50 apiece. Based on the total number of outstanding shares disclosed in the SEC filing—calculated at the upper end of the share price range—Quantinuum would carry a market capitalization of approximately $12.7 billion.
Backed by Honeywell International Inc., Quantinuum ranks among the most prominent players in today’s quantum computing space.
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A certain whale closed a $13.6 million short position and went long on BTC with 40x leverage.
On May 26, per real-time monitoring by Hyperinsight (https://t.me/HyperInsight), a major short seller closed all their short positions in Bitcoin (BTC) and Ethereum (ETH) over the past half-hour, totaling over $13.6 million and locking in an estimated $132,000 in profit.
Immediately after closing these positions, the associated wallet address opened a 40x leveraged long position, purchasing 112.7 BTC valued at roughly $8.72 million at an average entry price of $77,490, with a liquidation price of $76,555.
Wallet Address: 0xdfbdbc3ab86f6939cd303ea2b7f9c1b3a4e0685f
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