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#ai

OpenAI's enterprise unit could accelerate AI integration in businesses, potentially transforming operations and boosting productivity globally.
The post OpenAI forms $4 billion enterprise unit to turn AI capability into business results appeared first on Crypto Briefing.

#news #tech #solana news

The upgrade, known as Alpenglow, is live on a community test cluster, said Solana core developer Anza.

#policy #sec #cftc #regulation #stablecoins #legal #senate banking committee #2024 elections #crypto ecosystems #u.s. policymaking

Days before a key Senate committee to vote on crypto legislation, ABA CEO Rob Nichols sent a letter to bank executives.

#markets

The intensified equity melt-up could lead to increased market concentration and volatility, impacting both traditional and digital asset investments.
The post S&P 500 target raised to 8,250 as melt-up intensifies appeared first on Crypto Briefing.

#prediction markets

Iran's submarine deployment in the Strait of Hormuz heightens geopolitical tensions, potentially disrupting global oil flow and escalating conflict risks.
The post Iran deploys submarines in Strait of Hormuz amid US tensions appeared first on Crypto Briefing.

#markets #funds

ETFs would offer investors a way to wager on the outcome of elections and economic events using the publicly-traded financial instruments.

#latest news

Peter Thiel-backed Augustus has won conditional OCC approval for a US bank charter focused on AI-driven payments and stablecoin settlement infrastructure.

#news #altcoins #crypto news

Osmosis price just pulled off the kind of move that usually wakes up abandoned crypto Telegram groups overnight. OSMO surged nearly 290% in 24 hours, blasting from $0.0329 to $0.1291 before cooling down near $0.0928. Dead coin? Apparently not this week. But a big reality this time around was this wasn’t some sudden wave of …

#latest news

Strategy added $43 million in Bitcoin last week after Michael Saylor drew mixed investor reactions for signaling potential BTC sales to fund dividend payments.

#regulation

Mandatory AI safety reviews for government contracts could increase compliance costs, potentially excluding smaller firms from federal opportunities.
The post Americans for Responsible Innovation urges US to mandate AI safety reviews for government contracts appeared first on Crypto Briefing.

#finance #news #ripple

Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year, when. it acquired it for $1.25 billion.

#defi

Centrifuge's integration with DeFi on Base, backed by Coinbase, could revolutionize asset tokenization, enhancing liquidity and multi-chain interoperability.
The post Centrifuge integrates tokenization with DeFi on Base, backed by Coinbase investment appeared first on Crypto Briefing.

#bitcoin #price analysis

Ever since rebounding from lows below $60,000, the Bitcoin price has continued to display strong resilience despite repeated selling pressure. BTC recently reclaimed the crucial $80,000 level ahead of the weekly close, helping maintain bullish momentum across the broader crypto market. While the short-term price action hints at a possible interim pullback, the long-term market …

#press releases

xBubble allows users to complete specific tasks with simpler prompts by automatically building and dispatching task-specific AI agents.

#prediction markets

The gathering of nations signals potential military escalation, impacting global trade and security dynamics in the Strait of Hormuz region.
The post UK, France gather 40 nations to discuss reopening Strait of Hormuz appeared first on Crypto Briefing.

#news

The potential tax-loss harvesting by Strategy highlights the need for regulatory clarity on crypto tax rules, impacting future corporate strategies.
The post Strategy signals potential bitcoin sale for tax-loss harvesting appeared first on Crypto Briefing.

#ethereum

Bitmine's significant ETH holdings and staking revenues highlight the growing influence of crypto-native systems on global financial architecture.
The post Bitmine crosses 4.3% of total ETH supply as staking revenues hit $319 million annually appeared first on Crypto Briefing.

#ethereum #defi #infrastructure #rollups #ronin #bridges #ronin hack #crypto ecosystems #layer 1s #layer 2s and scaling #lazarus-group #ethereum-layer-2

Ronin migrates from an Ethereum sidechain to an OP Stack Layer 2 on May 12, four years after Lazarus hackers stole over $600M in crypto.

#ethereum #markets #people #token projects #companies #bitmine

Bitmine Immersion bought another 26,659 ETH ($62 million) last week and now holds more than 5.2 million ETH in total.

#artificial intelligence

MoonPay’s new Dawn CLI AI trading product lets users turn plain-English prompts into automated crypto trading strategies.

#news

Circle's Arc blockchain could redefine institutional finance, but faces regulatory scrutiny and high expectations in a competitive market.
The post Circle raises $222M in presale for Arc blockchain token at $3B valuation appeared first on Crypto Briefing.

#news #charts #coindesk 20 #coindesk indices #prices

Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer.

#ripple #institutional investors #deals #capital markets #companies #debt financing #ripple prime

Ripple Prime secured a $200 million Neuberger Berman facility to expand margin lending across equities, fixed income and crypto.

#podcast #podcast notes #macro musings with david beckworth

Recessions are unpredictable deviations, not inevitable cycles, challenging traditional economic theories and forecasting methods.
The post Tyler Goodspeed: Recessions are not cyclical, the 2008 crisis was predictable, and false patterns mislead economic forecasting | Macro Musings appeared first on Crypto Briefing.

#price analysis #altcoins #crypto news

The Venice Token price rally is starting to look less like a random altcoin pump and more like a carefully engineered supply squeeze wrapped in the hottest narrative crypto can sell right now: decentralized AI. VVV surged another 18% today after Venice CTO Jesse Proudman revealed that subscription and credit purchases on AskVenice hit a …

#price analysis #altcoins

Osmosis (OSMO) stunned the crypto market after soaring more than 220% in a single day, turning one of the market’s quietest tokens into its top-performing altcoin overnight. The explosive rally came alongside a massive spike in trading volume, renewed Cosmos ecosystem optimism, and growing speculation around Osmosis’ long-term positioning following recent governance developments. Technically, the …

#prediction markets

The conflict's impact on jet fuel supply may lead to prolonged airspace closures, affecting global travel and economic stability.
The post Iran war disrupts global jet fuel supplies, threatens summer travel appeared first on Crypto Briefing.

#latest news

Circle raised $222 million in an ARC token presale led by a16z crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.

#people #politics #regulation #stablecoins #elizabeth warren #market #featured #macro #genius act #clarity act

The CLARITY Act is heading back to the Senate Banking Committee on May 14 after months of stalled negotiations, putting a small group of Democrats at the center of the crypto industry’s push for a federal market-structure law. The markup comes after the bill was slowed by disputes over stablecoin rewards, anti-money laundering safeguards and […]
The post CLARITY Act’s markup progress now hinges on these Democrat lawmakers appeared first on CryptoSlate.

#ripple #xrp #altcoin #xrp price #sma #coinmarketcap #xrp news #xrpusd #xrpusdt #egrag crypto #clarity act

Crypto analyst Tom has declared that a projected XRP rally to $21.5 isn’t a gamble and will definitely happen. This came as he revealed that a measured move is coming for the altcoin, which will send its price to this $21 target.   XRP Eyes Measured Move To New ATH Of $21.5 In an X post, Tom said that XRP is set to see a measured move to a new all-time high (ATH) of $21.50, with this price target also his second take-profit zone. The analyst revealed that he had held XRP when the token was trading at $0.30 and and held until it reached its current ATH of $3.84.  Related Reading: XRP Analyst Reveals The Question No One Asks And Why It’s Important Now, the analyst is again holding the token, targeting higher prices for XRP. He highlighted some positives as the token eyes the $21.50 target, noting that the 3-week golden cross has fired. Furthermore, Tom noted that the current base is a 1:1 fractal of the 2014 to 2017 cycle and that the volume is lower than the last cycle’s bottom, with supply gone.  In another X post, the analyst reiterated his bullish outlook for XRP, citing the CLARITY Act as a catalyst that could spark a rally. His accompanying chart showed that the altcoin could reach $2.8 by July, which is around when the crypto bill could pass. The bill is a positive for XRP, as it will provide regulatory clarity by classifying XRP as a commodity.  Crypto analyst Michael also echoed similar sentiments about XRP, stating that a parabolic rally could begin at any time. He declared that this will be the biggest breakout of the year, as the altcoin has already bottomed.  XRP Yet To Bottom Despite Recent Relief Rally Crypto analyst Egrag Crypto has indicated that XRP has yet to bottom despite its recent rally above $1.4. In an X post, he stated that the weekly chart presents a very interesting diminishing downside structure relative to the 200 SMA. He noted that during the first major cycle low, XRP bottomed roughly 60% below the 200 SMA. Meanwhile, during the second major cycle low, the token bottomed roughly 40% below the 200 SMA.  Related Reading: XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic Applying the same diminishing downside pattern, the analyst said the next major low could be 20% below the 200 SMA, implying a price target of $0.93. Egrag Crypto stated that this thesis wasn’t unreasonable because mature assets tend to experience reduced downside volatility and smaller capitulation percentages. Such assets are also said to have stronger macro support structures and more institutional liquidity stabilization.  At the time of writing, the XRP price is trading at around $1.45, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com