Tokens on Solana that claim to track the private-market valuations of Anthropic and OpenAI dropped sharply this week after both AI companies warned that the structures used to back the tokens may be invalid.
Nvidia's market cap surge highlights investor confidence in its resilience and potential dominance, despite geopolitical and revenue challenges.
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Bittensor (TAO), down 2.7% from Tuesday, joined Sui (SUI) as an underperformer.
KDDI's investment in Coincheck positions it to capitalize on Japan's evolving blockchain regulations and anticipated market growth.
The post Telecom giant KDDI invests $65M in Coincheck to expand blockchain finance appeared first on Crypto Briefing.
U.S. PPI surged well above forecasts in April, reviving concerns that rising oil prices and Iran-related supply risks may feed another inflation wave.
Metaplanet posted strong Q1 operating income driven by Bitcoin options revenue, but swung to a $728 million loss as BTC price declines triggered valuation markdowns.
Art colleges in the UK played a pivotal role in shaping the rock and roll revolution.
The post Bob Spitz: The Rolling Stones’ authenticity drives their success, art colleges shaped the UK rock scene, and modern music prioritizes showmanship over musicianship | Conversations with Tyler appeared first on Crypto Briefing.
The current near-parity gives both chains another chance to position themselves to capture volume when onchain activity rotates back.
Anthropic's stance highlights the growing risks of unregulated crypto-based pre-IPO investments, urging stricter regulatory oversight.
The post Anthropic declares unapproved stock transfers void as pre-IPO scams surge appeared first on Crypto Briefing.
Coordinated FX policies may stabilize crypto markets, enhancing stablecoin reliability and fostering cross-border transaction efficiency.
The post Japan’s Satsuki Katayama coordinates with Scott Bessent on FX policy, and crypto markets are paying attention appeared first on Crypto Briefing.
Rigetti's revenue growth signals a maturing quantum computing market, potentially impacting tech investments and prompting crypto security innovations.
The post Rigetti Computing posts Q1 revenue of $4.4M, nearly triples year over year appeared first on Crypto Briefing.
The conflict exacerbates global inflation risks, complicating monetary policy and increasing energy costs, impacting economies worldwide.
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Persistent inflationary pressures may lead to prolonged high interest rates, impacting economic growth and investment strategies.
The post Wall Street inflation fears rise as CPI hits highest since 2022 appeared first on Crypto Briefing.
Lufthansa's flight resumption signals improved regional stability, potentially influencing market perceptions and encouraging other airlines.
The post Lufthansa to resume Israel flights in June, easing airspace closure concerns appeared first on Crypto Briefing.
Increased reliance on China's swap lines underscores the yuan's growing role in global finance and highlights regional economic vulnerabilities.
The post Central banks draw $16.4B from People’s Bank of China swap lines in Q1 appeared first on Crypto Briefing.
Boyaa's crypto strategy highlights the risks of volatile asset dependency, overshadowing core business growth and impacting investor confidence.
The post Boya Interactive warns of wider Q1 losses as Bitcoin declines appeared first on Crypto Briefing.
The XRP Ledger has reached a new high in the number of wallets holding at least 10,000 XRP, according to on-chain analytics firm Santiment, extending a growth trend that has been in place since mid-2024. The firm framed the rise as a long-term accumulation signal among larger holders, even as XRP has spent much of 2026 trading below prior highs. Santiment said its data shows 332,230 XRP Ledger wallets now hold at least 10,000 XRP, marking an all-time high for that cohort. The metric, shown in a chart shared by Santiment Intelligence, tracks wallets in the “10,000 to infinity” XRP balance range alongside the XRP price. “According to our on-chain data, XRP Ledger now has reached an all-time high of 332,230 wallets holding at least 10K XRP,” Santiment wrote. “This extends a consistent growth trend that has been building since June, 2024. The continued rise in XRP Ledger wallets holding at least 10,000 XRP is an important long-term signal because it shows that larger holders have kept accumulating even during periods of volatility and uncertainty.” What This Means For XRP Price The chart shows a steady expansion in the number of 10K-plus XRP wallets over the past year, with the wallet count rising even as the price line has moved through several drawdowns and rebounds. The latest reading places the cohort near 332,000 wallets, above previous levels seen before a sharp early-February decline. Related Reading: Key XRP Metric Skyrockets 65% In Record Time, Why It Could Change Everything For Buyers Santiment described the group as “mid-to-large wallets,” a distinction that matters for interpretation. A 10,000 XRP threshold does not necessarily identify institutional whales or exchange-scale holders, but it does filter out smaller retail balances and captures addresses with a more meaningful exposure to the asset. For market analysts, growth in that cohort can point to broader accumulation, distribution patterns, or changes in holder conviction. The firm argued that the latest move is notable because it has occurred during a period when XRP has remained below earlier highs. In that context, Santiment said the increase may suggest that larger XRP holders have been adding exposure into weakness rather than waiting for momentum to return. “Historically, rising numbers of mid-to-large wallets suggest increasing conviction from investors who are less focused on short-term price swings and more interested in long-term positioning,” Santiment wrote. “This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum.” Related Reading: XRP To $10? New Thesis Links CLARITY Act To Bank-Scale XRPL Liquidity The chart also shows a brief but sharp break in the trend in early February. Santiment pointed to a drop of more than 4,500 wallets in the 10K-plus category between February 6 and February 8, but said there was no confirmed XRP-specific catalyst behind the move. “As for the sharp drop of more than 4,500 of these 10K+ wallets between February 6th and 8th that you see, there does not appear to be one confirmed XRP-specific event directly tied to it,” Santiment wrote. “However, the timing strongly suggests it was connected to the crypto-wide crash and liquidations on February 5th, which the growth in wallets since then have now exceeded.” That recovery is the more important element in the data. The number of wallets in the 10K-plus XRP cohort has not only rebounded from the February decline, according to Santiment’s chart, but pushed to a fresh record. That suggests the early-year disruption did not derail the broader accumulation trend tracked since June 2024. Still, wallet-count data requires careful reading. A rising number of addresses above a balance threshold can reflect genuine accumulation by new or existing holders, but it can also be influenced by wallet fragmentation, custody practices, exchange activity, and operational address management. Santiment’s framing focuses on the signal from the cohort’s persistent expansion rather than treating the metric as a direct count of unique investors. At press time, XRP traded at $1.4554. Featured image created with DALL.E, chart from TradingView.com
Strategy’s potential 3,127 BTC buy this week, alongside falling stablecoin dominance, suggests more capital may enter the Bitcoin market.
The accumulation trend among large XRP holders suggests strong long-term confidence, potentially stabilizing the market amid volatility.
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The ratio has climbed above its 200-day moving average for the first time meaningfully since September 2020, a move that has historically preceded major bitcoin rallies.
The halt in Iran's crude exports due to US sanctions could exacerbate global oil market volatility and strain geopolitical relations.
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OpenAI and Anthropic's ventures could disrupt traditional consulting by embedding AI expertise directly, challenging established firms' roles.
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OpenAI's renegotiated deal with Microsoft enhances financial predictability, potentially boosting investor confidence and market expansion.
The post OpenAI saves $97B through 2030 in renegotiated Microsoft deal appeared first on Crypto Briefing.
Starknet launched strkBTC on May 12, locking BTC on Bitcoin's base layer to back an ERC-20 token that brings shielded balances into a smart contract environment at scale. The token runs in the public mode, where it behaves like any other wrapped Bitcoin asset, and shielded mode, where users can hide selected balances and transfers […]
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Coinbase-backed x402 adds batch settlement, letting AI agents authorize many small payments offchain before settling them later onchain.
Metaplanet posted a $725.6 million net loss driven by bitcoin mark-to-market valuation markdowns even as operating profit rose 283%.
The Stellar Development Foundation and the Government of Bermuda have announced that the island nation will begin moving key payment and financial services activity onto the Stellar network — marking the first operational milestone in Bermuda’s stated ambition, declared at the World Economic Forum in January 2026, to become the world’s first fully on-chain national economy. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run The partnership, announced via Stellar’s official press release, is not a pilot study or a working group. It is the beginning of a live deployment. Bermudian residents will be able to receive wages, pay local merchants, settle government fees, and hold, send, and receive digital assets through digital wallets on the Stellar network. Government agencies expect to pilot stablecoin-based payments. Financial institutions will be able to integrate tokenization tools. Social service disbursements are also being explored as a use case, per the announcement. Stable infrastructure that scales. That’s what the government of Bermuda is accessing by partnering with SDF. At @SALTConference, @rajachak75 spoke with @BermudaPremier about how the Stellar network’s growth can power this exciting next step for Bermuda. pic.twitter.com/graFK5B1sP — Stellar (@StellarOrg) May 12, 2026 The Problem Bermuda Is Solving The economic case behind the move is concrete. Local merchants on the island currently pay between 3% and 5% per transaction in card processing fees, with effective costs reaching as high as 10% in some categories, according to the press release. The absence of mobile money infrastructure and continued reliance on legacy payment rails has left Bermudians absorbing costs that, in the SDF’s framing, represent value leaving the island rather than circulating within it. The Hon. E. David Burt, Premier of Bermuda, addressed the issue directly in the announcement, noting that digital dollars and Stellar’s infrastructure make it possible to deliver this kind of systemic change responsibly and at the scale Bermuda requires. Why Stellar Stellar’s selection is not incidental. The network was purpose-built for regulated financial services — public and permissionless by design, but configurable with the asset controls that sovereign and institutional deployments require, per the press release. Transactions settle in seconds at fractions of a US cent. The network also operates one of the world’s largest cash on and off-ramp networks for digital assets, a feature that matters significantly for an island economy dependent on accessible liquidity channels. Bermuda’s regulatory foundation further supports the choice. The island established the Digital Asset Business Act in 2018 — one of the world’s earliest comprehensive digital asset regulatory frameworks — giving the SDF a jurisdiction with existing legal infrastructure rather than a blank slate. Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, noted in the release that Bermuda has assembled what most jurisdictions cannot: regulatory clarity, an aligned ecosystem, and a government willing to lead. XLM's price moving sideways following a steep decline in late 2025, as seen on the daily chart. Source: XLMUSD on Tradingview The announcement is not Stellar’s first sovereign deployment. The Republic of the Marshall Islands completed the world’s first nationwide onchain disbursement of universal basic income via USDM1 on the Stellar network in December 2025, per the press release — a precedent that Bermuda’s program now builds on. Related Reading: Crypto Firm Exodus Drains 63% Of Its Bitcoin Reserves As Q1 Loss Doubled Year Over Year This development marks a pivotal moment for the nascent sector’s relationship with sovereign financial infrastructure. A national government committing to move its payment economy on-chain is no longer a theoretical use case for blockchain technology — it is an operational one, and Stellar just became the network powering the world’s first attempt to prove it works at national scale. Cover image from ChatGPT, XLMUSD chart on Tradingview
Political instability in Israel could lead to shifts in power dynamics, impacting Netanyahu's leadership and future electoral outcomes.
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Your day-ahead look for May 13, 2026
OpenAI's new unit could accelerate AI adoption in key industries, enhancing operational efficiency and potentially boosting its market valuation.
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