The shutdown of Ord.io highlights the volatility and financial challenges within the Bitcoin Ordinals ecosystem, impacting user access and data analysis.
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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.
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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.
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Persistent inflation and geopolitical tensions complicate monetary policy, reducing the likelihood of Fed rate cuts and impacting markets.
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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.
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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.
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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
The sanctions could strain US-China relations, impact global oil markets, and intensify geopolitical tensions surrounding Iran's nuclear activities.
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The launch of THYP ETF on NASDAQ could accelerate mainstream adoption of DeFi, but investors must navigate inherent protocol risks.
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Solana failed to stay above $96 and corrected some gains. SOL price is now consolidating and might aim for another increase above $98. SOL price started a downside correction below $96 against the US Dollar. The price is now trading above $94 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $92 zone. Solana Price Remains Supported Solana price failed to stay above $98 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $86 and $85 to enter a short-term bearish zone. There was a move below the 23.6% Fib retracement level of the upward wave from the $87.61 swing low to the $98.47 high. The price even tested the $93.65 support. Besides, there is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair. Solana is now trading above $94 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $96 level. The next major resistance is near the $98 level. The main resistance could be $102. A successful close above the $102 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Break In SOL? If SOL fails to rise above the $96 resistance, it could start another decline. Initial support on the downside is near the $94 zone, the trend line, and the 50% Fib retracement level of the upward wave from the $87.61 swing low to the $98.47 high. The first major support is near the $90 level. A break below the $90 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $84 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $94.00 and $90.00. Major Resistance Levels – $96.00 and $98.00.
The Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets.
Ondo's rapid growth in tokenized stocks highlights the potential for increased market accessibility and liquidity, but regulatory clarity remains crucial.
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The leadership change in Ethereum's Protocol cluster could impact the network's scalability and upgrade timelines, influencing future innovations.
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Charles Schwab said it has made 'Schwab Crypto' available to the first wave of eligible retail clients starting Tuesday.
Bitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday's hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours and dogecoin added 1.3% as crypto funds saw their strongest weekly inflows in months.
Crypto platforms Ledger, Trezor, MetaMask, Keycard, WalletConnect, Argot and Fireblocks are among the earliest adopters and contributors to Clear Signing, aimed at ending “blind signing.”
Geopolitical tensions and energy disruptions may drive investors towards Bitcoin and silver as inflation hedges, impacting global markets.
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