In-depth analysis from the BlockAI News desk.
AI Infra & DePIN
IREN co-founder Dan Roberts laid out a three-layer thesis on May 22: AI's bottleneck is power, land and data centers — not GPUs. With 5GW of grid capacity, a $3.4B NVIDIA deal and the $625M Mirantis buy, the bitcoin-miner-turned-AI-landlord pitch goes full stack.
Bitcoin
SpaceX's S-1 disclosed 18,712 BTC worth $1.29B, more than double what on-chain trackers attributed to the company. The filing reframes the largest IPO ever as a stealth bitcoin treasury story and resets the comp set for corporate BTC adoption.
RWA
The SEC's April 17 approval clock just hit zero. NYSE's tokenized securities rule is operative — Russell 1000 stocks, S&P 500 and Nasdaq-100 ETFs, and Treasury products can now trade on-chain on the same order book as their paper twins. First real token-settled fills expected Q3.
Regulation & Policy
The SEC indefinitely shelved its long-promised innovation exemption for tokenized stocks late last week, after pushback from exchanges and internal debate over third-party issuance. ONDO dropped 6.4% and the broader RWA narrative took a hit.
Ethereum
BitMine pulled another 60,000 ETH off BitGo and Kraken on May 23, lifting its treasury above 5.2 million ETH — about 4.3% of supply — just as Tom Lee teases a Russell 1000 inclusion that could unlock passive flows from a $12.2 trillion benchmark.
Stablecoins
Anchorpoint, OSL and PantherTrade pushed HKDAP through a full mint-transfer-redeem cycle on Ethereum mainnet ahead of a Q2 launch. The choice of L1 over an L2 — and the bank-anchored design — tells you exactly what kind of stablecoin Hong Kong wants.
AI Agents
NEAR Protocol rallied 14.8% in 24h on May 23 as the chain pitched dynamic resharding plus FIPS-204 post-quantum signing as the settlement layer for AI agents. Here's what the upgrade actually does, why agents need it, and what the market just repriced.
Prediction Markets
Bubblemaps and CBS's 60 Minutes published a joint investigation identifying nine wallets that profited $2.4M with a 98% win rate on Polymarket's US military operations markets — placed hours to days before public announcements. The on-chain evidence is overwhelming; the legal framework is not.
defi
Bitget listed Superform (UP) for spot trading this week, the same week SuperVaults v2 launched and Superform's US mobile app crossed early-access milestone. The pitch — DeFi as a single-tap on-chain neobank — is the cleanest example of where 'agentic yield' becomes a consumer product.
Regulation & Policy
Galaxy Research head Alex Thorn raised CLARITY Act odds to 75%, citing the Senate Banking 15-9 vote and a forecast of Trump signing in the week of August 3. Polymarket got there first — its contract is at 73-75% after starting May at 46%. The bill's path to law is now the most aggressively front-...
Regulation & Policy
Trump's May 19 executive order directs the Fed to review whether crypto firms, uninsured depositories and non-bank fintechs can access Fed payment accounts — and orders a 90-day report plus a 90-day application clock once the rule changes land. The agentic-payments rail question is no longer hypo...
AI Agents
Google's I/O 2026 keynote put four product names on the same slide — Gemini 3.5, Gemini 3.5 Flash, Gemini Omni and Gemini Spark — and one architectural claim behind all of them: Search, Workspace and Android are no longer apps you use. They are surfaces your agent uses on your behalf.