GM's strategic shift towards AI talent highlights a broader industry trend prioritizing innovation and competitiveness in autonomous tech.
The post General Motors lays off 600 IT workers to hire AI specialists appeared first on Crypto Briefing.
The UAE's military actions against Iran could destabilize regional energy markets, impacting crypto mining operations reliant on low-cost power.
The post UAE conducts secret strikes on Iran’s Lavan Island refinery, raising risks for Gulf crypto operations appeared first on Crypto Briefing.
Increased U.S. military actions could destabilize regional peace efforts and drive up global oil prices, impacting economic and geopolitical stability.
The post Trump criticizes Iran plan, hints at possible US military escalation appeared first on Crypto Briefing.
Trump's visit could reshape global trade dynamics, impacting energy markets, tech supply chains, and crypto regulations, with lasting effects.
The post China confirms Trump visit for May 13-15 talks with Xi Jinping on Iran and trade appeared first on Crypto Briefing.
Saylor's Bitcoin strategy could reshape corporate treasury management, potentially increasing institutional adoption and altering investment norms.
The post Strategy’s Michael Saylor expects Bitcoin to appreciate 30% annually for the next two decades appeared first on Crypto Briefing.
Ray Dalio has reopened one of crypto’s longest-running macro debates, arguing that Bitcoin still has not behaved like the safe-haven asset many investors expected it to become. The Bridgewater Associates founder said gold remains structurally superior as a reserve and crisis asset, drawing immediate pushback from Michael Saylor and several Bitcoin advocates. In a May 11 post on X, Dalio said Bitcoin “gets a lot of attention” but has not fulfilled the defensive portfolio role often assigned to it by supporters. His critique focused less on Bitcoin’s long-term price performance and more on market structure, privacy, correlation and reserve-asset adoption. “While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why. First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it.” Dalio then tied that transparency issue to Bitcoin’s behavior during market stress. “Second, it also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their Bitcoin to cover it. Third, it’s a relatively small and controllable market, whereas gold stands alone. There is only one gold.” Related Reading: Bitcoin Exits ‘Panic Zone,’ But Capital Inflows Remain Weak The argument places Bitcoin in the risk-asset camp rather than the sovereign reserve-asset camp. In Dalio’s framing, a safe haven is not defined by scarcity alone, but by how widely it is held, how independently it trades under pressure, and whether major institutions, especially central banks, are structurally willing to own it. “Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system,” he wrote. That view is consistent with Dalio’s public stance over the past several years. In 2021, he called Bitcoin “one hell of an invention” and said there were few “alternative gold-like assets” at a time of rising demand for stores of value. But even then, he treated Bitcoin as an emerging, option-like monetary asset rather than a finished replacement for gold. More recently, Dalio has repeatedly favored gold over Bitcoin as a defensive asset. Business Insider reported in March 2026 that Dalio said Bitcoin would not seriously challenge gold as a safe haven, partly because central banks were unlikely to hold it as a reserve asset. Investopedia similarly reported that Dalio has acknowledged holding a small amount of crypto while continuing to prefer gold, citing concerns around privacy, government action and Bitcoin’s still-unproven role as a reserve currency. Bitcoin Community Reacts Michael Saylor, whose company Strategy has built its corporate identity around Bitcoin accumulation, rejected Dalio’s premise. “Gold is analog capital. Bitcoin is digital capital,” he wrote. “Transparency is a feature, not a bug, making BTC suitable as global collateral.” Saylor also argued that since Strategy adopted its Bitcoin standard on Aug. 10, 2020, Bitcoin had outperformed gold with a higher Sharpe ratio. Related Reading: Bitcoin Flashes Signal With 186% Average One-Year Return Other responses challenged different parts of Dalio’s thesis. Samson Mow disputed the claim that Bitcoin lacks privacy, writing that Dalio needed to “educate” himself. Mert Mumtaz, the Helius CEO, pointed instead toward Zcash, posting: “look into Zcash and thank me later.” Anchorage researcher David Lawant framed Bitcoin’s current limitations as part of a longer monetization process: “Could it also be that BTC is just newer and that the monetization process of a commodity in the free market can take a long time? If so, this is actually a positive for forward-looking holders. It’s where asymmetric upside ultimately lies.” Bitcoin-firm River took the argument in a more user-centric direction, saying Bitcoin is already a safe haven for people and businesses whose purchasing power is being eroded by central banks. The firm argued that gold remains relevant but cannot be used digitally, moved across borders with the same ease, or integrated into payments in the way Bitcoin can. At press time, BTC traded at $80,268. Featured image created with DALL.E, chart from TradingView.com
Schwab's Bitcoin services may accelerate crypto's integration into traditional finance, influencing global regulatory and competitive dynamics.
The post Charles Schwab launches Bitcoin services for 50M customers, boosting crypto adoption appeared first on Crypto Briefing.
Increased scrutiny on crypto transactions may lead to stricter regulations, impacting banks, exchanges, and investors globally.
The post US government alerts banks to IRGC’s sanctions evasion efforts using crypto and front companies appeared first on Crypto Briefing.
Phantom's rapid revenue growth highlights the transformative potential of strategic integrations in expanding crypto wallet functionalities.
The post Phantom hits $20M in builder code revenue on Hyperliquid in under a year appeared first on Crypto Briefing.
OpenAI's secondary share sales highlight the growing trend of private companies leveraging employee equity to maintain talent and drive valuations.
The post OpenAI employees sell up to $30M in shares amid AI boom appeared first on Crypto Briefing.
The shutdown of Ord.io highlights the volatility and financial challenges within the Bitcoin Ordinals ecosystem, impacting user access and data analysis.
The post Ordinals explorer Ord.io to shut down on June 1 due to financial challenges appeared first on Crypto Briefing.
TON's AI-driven toolchain could significantly boost its ecosystem by accelerating dApp development, potentially reshaping the blockchain landscape.
The post TON’s new AI-ready toolchain accelerates smart contract development 10x appeared first on Crypto Briefing.
Upexi increased its Solana holdings to 2.5 million, valued at more than $238 million, making it the second-largest listed corporate Solana treasury, behind Forward Industries.
Hyperliquid has been one of the most compelling stories in crypto since its launch in November 2024. While most new protocols struggled to find product-market fit in a difficult market environment, Hyperliquid built genuine traction — attracting traders, volume, and institutional attention at a pace that few anticipated. The project’s native token HYPE became one of the cycle’s standout performers. And the platform itself established a reputation as the most serious challenger to centralized exchange dominance in the perpetuals market. Related Reading: Altcoin CEX Volume Ratio Hasn’t Looked Like This Since The 2021 Bull Run: Capital Rotation Or Bear Market Rally? That trajectory has now reached a milestone that would have seemed ambitious even a year ago. 21Shares US has announced that the 21Shares Hyperliquid ETF — trading under the ticker THYP — launches on May 12, 2026. The announcement is brief and direct: “See you tomorrow.” For a project that launched just eighteen months ago, reaching the point where a regulated financial product is being built around its token is a significant development. It signals that institutional infrastructure is beginning to form around Hyperliquid in the same way it formed around Bitcoin and Ethereum before their own ETF moments arrived. Investors must understand what the product actually offers before treating today’s launch as a straightforward bullish catalyst. What THYP Actually Is — and What It Changes for Hyperliquid The prospectus reveals a straightforward but carefully structured product. THYP is a grantor trust listed on Nasdaq that holds HYPE directly — not through derivatives or synthetic exposure. Investors who buy shares through a standard brokerage account gain indirect HYPE price exposure with a sponsor fee of 0.30% annually. This is competitive for a digital asset ETF of this type. The staking dimension is the most consequential detail. 21Shares plans to stake a portion of the Trust’s HYPE through Figment, a regulated staking provider, with the intent to distribute quarterly cash dividends to shareholders from the staking rewards generated. Figment retains 30% of staking rewards as its fee, with the remainder flowing to shareholders. The custodians — Anchorage Digital Bank and BitGo — are federally chartered national trust banks, adding a layer of regulatory credibility that matters for institutional adoption. Related Reading: Ethereum Cools Off Below $2,450 – Lower Leverage Sets The Stage For A Breakout The prospectus does not describe any buyback mechanism. Instead, the structure removes HYPE from the liquid market by holding ETF basket purchases in custody. The same dynamic that made Bitcoin ETF inflows structurally significant in 2024. HYPE Consolidates Above Key Support As Bulls Defend Recovery Structure For Hyperliquid, institutional accessibility through a Nasdaq-listed product creates a new category of buyer who previously had no compliant path into HYPE. That demand channel, combined with staked HYPE being locked by the trust, creates a supply reduction mechanism that compounds with every new share created. HYPE is trading around $41 after weeks of volatile consolidation that followed one of the strongest recoveries in the market since the February lows. The chart shows a clear shift in structure over the last two months. After bottoming near the $21 region during the broader crypto correction, HYPE staged an aggressive reversal that carried the price back above both the 50-day and 100-day moving averages, reclaiming the key $40 psychological level in the process. Related Reading: Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows What stands out technically is how the market has behaved since reclaiming that zone. Instead of collapsing after the first impulsive rally, HYPE has continued printing higher lows while repeatedly testing the $44–$45 resistance region. Buyers are consistently defending pullbacks near the rising short-term moving average, which now acts as dynamic support around the $39–$40 area. The longer-term structure remains constructive while price holds above the major moving averages. A decisive breakout above the $45 region would likely open the path toward retesting the September highs near $55, where major supply previously entered the market. Featured image from ChatGPT, chart from TradingView.com
Brooks Koepka's unconventional approach of not using a yardage book sets him apart in professional golf.
The post Brooks Koepka: Victor Wembanyama is on track to be the best center ever, LeBron James may leave the Lakers, and the Bucks should trade Giannis | Pardon My Take appeared first on Crypto Briefing.
Super Micro's ambitious sales forecast and leadership change signal strategic positioning amid competitive pressures in the AI server market.
The post Super Micro Computer projects FY26 net sales of $38.9-40.4B, names Vik Malyala chief business officer appeared first on Crypto Briefing.
The lawsuit raises critical questions about AI liability, potentially influencing future regulations and ethical standards in AI deployment.
The post Family of Florida mass shooting victim sues OpenAI in US court appeared first on Crypto Briefing.
The stablecoin is designed to be issued on Ethereum and Layer 1 public blockchain Japan Open Chain, which local enterprises operate.
“The product that wins isn’t the one that explains crypto better, it’s the one that hides it completely,” said CEO Jayson Hobby.
XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper moves in the token.
21Shares’ Hyperliquid ETF debuted in the US to a “very solid day” of trading, despite volumes being below comparatively buzzy crypto ETF debuts.
The event highlights the critical role of social consensus in blockchain governance, emphasizing the balance between decentralization and control.
The post Arbitrum Security Council member says blockchains run on social consensus, not just code appeared first on Crypto Briefing.
Persistent inflation and geopolitical tensions complicate monetary policy, reducing the likelihood of Fed rate cuts and impacting markets.
The post US inflation data dims Fed rate cut hopes amid Iran conflict appeared first on Crypto Briefing.
The closure exacerbates geopolitical tensions, threatens global energy security, and prompts strategic shifts in market and trade dynamics.
The post Strait of Hormuz closure disrupts oil supply, impacts WTI Crude pricing appeared first on Crypto Briefing.
MoonPay's acquisition of Dawn Labs could democratize trading by simplifying strategy execution, but it also introduces new risks in AI-driven trades.
The post MoonPay acquires Dawn Labs to enhance AI trading capabilities appeared first on Crypto Briefing.
BMO's sale to Stonepeak allows strategic capital reallocation, potentially enhancing focus on core operations and growth opportunities.
The post Bank of Montreal sells truck and trailer financing business to Stonepeak for C$14.5B appeared first on Crypto Briefing.
OpenAI's proactive EU collaboration may set new cybersecurity standards, influencing AI's role in regulated sectors and investor sentiment.
The post EU confirms OpenAI offers access to cybersecurity model, Anthropic lags behind appeared first on Crypto Briefing.
Baidu's ERNIE 5.1 showcases a strategic shift in AI development, emphasizing cost efficiency amid geopolitical tech constraints.
The post Baidu’s ERNIE 5.1 tops AI leaderboards, costs 94% less to train appeared first on Crypto Briefing.
GitLab's AI-driven restructuring highlights a tech trend prioritizing automation over human roles, impacting workforce dynamics and innovation.
The post GitLab cuts jobs to invest in AI agents market opportunity appeared first on Crypto Briefing.
Eight Satoshi-era wallets moved 10,000 Bitcoin each in July last year, triggering waves of speculation across crypto markets. Now, another old wallet has come back to life — and traders are watching closely. Related Reading: Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank A Long Wait Ends On Sunday, a Bitcoin address that had not seen any activity since November 2013 suddenly moved its entire holdings to a new wallet. Blockchain tracking service Whale Alert detected the transfer at around 19:16 UTC. The coins, worth roughly $40 billion at current prices, had been sitting untouched for more than a decade. Back when they were first acquired, Bitcoin traded at a fraction of what it does today. The sending address — 1KAA8GGhVjjUjVTz1HKAjCyGN…. — transferred the funds to bc1qm6m6d33d02edr0k8yj9jgt027zl6d….. No one has publicly claimed ownership of the original wallet. No explanation for the move has been offered either. ???? ???? ???? ???? ???? A dormant address containing 500 $BTC (40,717,094 USD) has just been activated after 12.5 years (worth 482,898 USD in 2013)!https://t.co/OBUcZ1rXQg — Whale Alert (@whale_alert) May 10, 2026 Where The Coins Went The destination address does not match any known cryptocurrency exchange. That detail matters to traders. When large Bitcoin sums move directly to exchange wallets, it often signals a potential sale. In this case, no such connection has been found. Reports indicate the transfer may point to a security update, a redistribution of holdings across separate addresses, or simply a long-dormant holder deciding to act after years of staying put. Bitcoin crossed the $100,000 mark in late 2024 and has held near record highs since. Data shows that older wallets have been reactivating at a higher rate over the past year. Holders who bought Bitcoin during its earliest days and never touched their coins appear to be reviewing their positions as prices climb. A Pattern Emerging This latest move fits a pattern that blockchain analysts have tracked for months. Wallets tied to Bitcoin’s early years have been waking up with increasing frequency. The July wave — when multiple Satoshi-era addresses each moved 10,000 BTC for the first time in 14 years — drew significant attention from the crypto community. Sunday’s transfer adds to that trend. Related Reading: XRP Funding Rates Hint At Repeat Of $3.6 Surge Scenario Markets have not reacted sharply. But traders will keep a close eye on the newly activated address. Large amounts of Bitcoin moved by unknown wallets rarely go unnoticed, and any follow-up activity will likely draw immediate scrutiny from analysts monitoring the chain. Featured image from Pexels, chart from TradingView