Morgan Stanley: Shorting Bitcoin ETF, Betting on Stablecoin Leader Circle
May 21. Australian financial services firm Macquarie Group Ltd disclosed in mid-May’s 13F filing that between the December 31, 2025, and March 31, 2026, reporting periods, its holdings in IBIT decreased 19.3%—from 5.126 million shares to 4.139 million, with the corresponding asset value falling from roughly $255 million to $159 million. ETHA holdings also contracted, dropping 9.5% to 3.289 million shares (down from 3.634 million), trimming its value from around $81.5 million to $52.1 million.
On cryptocurrency stocks, Macquarie reduced its stake in Coinbase by 19%, while boosting its position in Circle by a sharp 188%—Circle’s holding was valued at $2.326 million as of the first quarter’s end. The firm also added a new BitMine position, worth $4.153 million at March 31, 2026.
For the AI sector, Macquarie took a cautious rather than aggressive stance: its holdings in major AI players like NVIDIA, Palantir, and AMD dropped significantly, with only a minor increase in shares of select s
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X-Agent has announced the Hackathon Prize List, with 70+ projects competing for the top five spots
May 21 marked the successful wrap-up of the Build X-Agent Hackathon, hosted by X-Agent, at Mushanghai—this year’s global tech fiesta. The 7-day event drew millions of attendees and received over 70 project submissions in total.
Following 24 hours of intense judging across three rounds, five projects took top honors. The winning entries covered a diverse set of use cases: AI-powered trading signals and copy trading, on-chain alpha analysis and risk management execution tools, Web3 gaming and asset interaction solutions, prediction market platforms, and AI-driven wealth and life planning applications—showcasing the wide-ranging potential of “AI Agent + Web3” integrations.
A X-Agent community lead noted that turnout at the hackathon surpassed all expectations, adding that the winning projects proved one key point: “When a tool is simple enough, creativity knows no limits.”
For context, X-Agent is the first agile engine designed to convert human intent into functional AI Agents, guided
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Ethereum Ecosystem Token uPEG Market Cap Surpasses $10 Million, 24-hour Growth Rate Reaches 36%
News Flash: May 21st — Per GMGN monitoring (https://t.me/gmgnaibot?start=i_m4TE56o8), Ethereum ecosystem token uPEG (Unipeg) saw its market cap surge past $10 million today, landing at roughly $10.5 million. The token has gained 36% in the past 24 hours, with total trading volume hitting $2.3 million.
Unipeg is an experimental on-chain project built on Uniswap v4 Hooks. After every swap in its liquidity pool, the integrated Hook instantly generates a one-of-a-kind unicorn image.
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Bitget has launched the SpaceX Perpetual Contract for trading during the pre-market session, with a maximum leverage of up to 5x.
May 21 – Bitget has officially announced the launch of the SpaceX pre-market perpetual contract (SPCX USDT), which supports up to 5x leverage. For more details, please refer to Bitget’s official platform.
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SpaceX Announces IPO Retail Investor Subscription Details, Up to 30% Allocation
On May 21, SpaceX officially filed its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), announcing plans to list shares on the Nasdaq under the ticker symbol “SPCX.” The initial public offering (IPO) is projected to raise approximately $75 billion, targeting a valuation of up to $1.75 trillion—making it the largest stock issuance in global history.
Per the filing’s disclosed timeline, SpaceX will launch its investor roadshow the week of June 8, host a retail investor event on June 11, set the IPO price that same day, and begin Nasdaq trading on June 12. A key highlight of this offering is a significantly expanded retail investor allocation. CFO Bret Johnsen explicitly noted retail investors will be a “critical part” of the IPO, representing a larger share than any prior public debut. Retail participants can access up to 30% of the new share allocation—roughly three to six times the typical industry standard of 5% to 10%. Eligible brokerages for retail
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