Arthur Hayes, the BitMEX co-founder who now runs Maelstrom, said bitcoin's return to its October high is a "foregone conclusion," and he is taking his fund to maximum risk, with HYPE, ZEC, and NEAR as his top altcoin picks.
Coinbase's handling of Monad's token sale highlights the challenges of scaling new infrastructure, impacting user liquidity and market dynamics.
The post Coinbase users face delays in sending and receiving Monad tokens and MONUSDC appeared first on Crypto Briefing.
Anthropic's AWS integration could reshape enterprise AI by enhancing accessibility, security, and autonomy, intensifying cloud competition.
The post Anthropic expands Claude access through general availability launch on Amazon Web Services appeared first on Crypto Briefing.
Your day-ahead look for May 12, 2026
Trump's admission undermines trust, complicating diplomatic efforts and reducing the likelihood of a stable Israel-Iran peace settlement.
The post Trump admits US armed Iranian dissidents, complicating peace talks appeared first on Crypto Briefing.
Bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes.
Bhutan's initiative could position it as a global hub for fintech innovation, enhancing economic resilience and attracting international firms.
The post Bhutan’s Mindfulness City taps DK Bank to provide multi-currency accounts, Bitcoin-backed lending to every licensed firm appeared first on Crypto Briefing.
Gelephu Mindfulness City in Bhutan is offering a faster licensing track with banking and zero‑tax incentives to attract regulated crypto firms willing to build long‑term operations.
Lowering beef import tariffs could temporarily ease consumer prices but risks long-term harm to domestic producers and market stability.
The post US to temporarily lower beef import tariffs, WSJ reports appeared first on Crypto Briefing.
Orderly's Module Marketplace could democratize DEX creation, fostering innovation and competition by lowering entry barriers for developers.
The post Orderly launches Module Marketplace for DEX builders appeared first on Crypto Briefing.
Bitcoin's surge highlights speculative futures activity, raising concerns about market stability amid low spot volumes and geopolitical tensions.
The post Bitcoin hits $83k amid short squeeze, futures interest up, spot volumes low appeared first on Crypto Briefing.
Labour's internal crisis risks destabilizing UK politics, impacting fiscal policy and international commitments amid leadership uncertainty.
The post UK Labour turmoil intensifies as MPs call for Starmer’s resignation appeared first on Crypto Briefing.
Geopolitical tensions heighten risk of oil supply disruptions, potentially impacting global markets and economic stability.
The post US-Iran tensions drive WTI Crude Oil price expectations to $110 appeared first on Crypto Briefing.
Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level.
AI infrastructure's pivotal role in tech evolution mirrors the internet's transformative impact, reshaping investment strategies.
The post Jennifer Li: Infrastructure is the backbone of AI development, distribution is the key differentiator, and AI’s impact will rival the internet’s | AI + a16z appeared first on Crypto Briefing.
Trump's talks with Xi could reshape global energy dynamics, impacting economic stability and geopolitical alliances amid rising tensions.
The post Trump plans talks with Xi on energy and Iran conflict as oil disruptions rattle global markets appeared first on Crypto Briefing.
Self-custody wallet by Chainwith opens two-week user activation across Ethereum, BNB Chain, Solana, and Aptos, with prizes starting at $100.
Widely followed crypto market gauge signals weakening risk appetite as investors continue favoring bitcoin over ether.
Romania's political shift may stabilize governance, reducing snap election risks and potentially aligning with EU interests, impacting market dynamics.
The post Romania’s president to appoint new PM after government collapse appeared first on Crypto Briefing.
The Roundhill Sports Betting & iGaming ETF (BETZ) and bitcoin share a strong positive correlation, with an interesting twist.
CADD's launch could streamline crypto transactions in Canada, but its success hinges on maintaining peg stability and gaining wider regulatory acceptance.
The post Base welcomes CADD, Canada’s first regulated dollar stablecoin appeared first on Crypto Briefing.
Two prominent crypto analysts have separately flagged what they describe as a significant technical setup for the XRP price, with one pointing to a chart structure he has tracked since October 2023 that continues to map the asset’s price action — and the other capturing an unusual moment that briefly showed XRP trading at over $43,000 on a major price aggregator. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics On-chain analyst and technical researcher Dark Defender (@DefendDark) returned to X with an update on a chart he originally published on October 25, 2023, arguing that the structure has remained the only technical framework for XRP that has stayed valid across the intervening period. According to the post, the chart continues to track the XRP price behavior accurately — a claim that carries weight given the asset’s volatile journey across two and a half years of market cycles. XRP's price 2023 fractal remains valid anticipating an explosion in the crypto's value. Source: DarkDefender via X XRP’s Technical Structure Dark Defender’s analysis is built around Elliott Wave theory and Fibonacci extension levels, a framework that maps price action against recurring structural patterns rather than short-term momentum signals. Per his broader body, the analyst has identified key Fibonacci targets above current prices including levels around $2.58 and $3.56, with the correction phase that defined XRP’s recent price action now appearing technically resolved on the weekly chart. The analyst has stated that a directional move is viewed as inevitable as long as the XRP price maintains its critical support structure — a condition the chart currently satisfies. The longer-term targets referenced in his analysis extend considerably higher, with a Wave 5 projection pointing toward $5.85 and extended Fibonacci levels beyond that, according to reporting by BYDFi based on his prior chart work. These remain projections contingent on the broader wave structure holding. The only chart that has stayed valid since 25-Oct-23. Just look at the levels, how well they played. It will continue. Gigantic success for #XRP is on its way. https://t.co/huo84RHclY — Dark Defender (@DefendDark) May 10, 2026 The $43,032 Moment Separately, crypto analyst Steph Is Crypto (@Steph_iscrypto) posted a video on X capturing an unusual data anomaly — the XRP price briefly traded at $43,032.32 on a major cryptocurrency price tracking platform. The currency converter on the same page simultaneously listed XRP’s actual rate at approximately $0.57, confirming the figure as a platform glitch rather than a genuine market event. The incident drew immediate attention across the XRP community. While clearly a data error, it arrived at a moment when technical analysts are already constructing bullish frameworks for the asset — adding an ironic footnote to a week of mounting analyst conviction around XRP’s direction. However, the analyst took the glitch as an expression of future possibilities for the XRP price. The Bigger Picture for the XRP Price XRP currently trades near the $2.11 area, sitting above key support but below the resistance levels that analysts identify as the threshold for a confirmed breakout. The CLARITY Act, currently advancing through the US Senate, remains the most significant near-term regulatory catalyst for the asset — with digital prediction markets pricing the odds of passage in 2026 at over 60%. Related Reading: SUI Surges 40%: Analytics Firm Explains What’s Driving The Rally A clean legislative outcome, combined with the technical structure Dark Defender describes, could prove to be the combination that finally resolves XRP’s prolonged consolidation into something more decisive. XRP price trends sideways on the daily chart. Source: XRPUSD on Tradingview As of this writing, the XRP price trades at around $2.11, holding above critical support as the technical and regulatory setup that analysts have been building toward enters what many in the community consider a pivotal window. Cover image from Grok, XRPUSD Chart from Tradingview
Cerebras' strategic alignment with OpenAI could reshape AI chip market dynamics, challenging Nvidia's dominance amid geopolitical tensions.
The post Cerebras partners with OpenAI, targets $50B market cap on IPO day appeared first on Crypto Briefing.
Heightened US-Iran tensions could destabilize global markets, impacting oil prices and crypto, while boosting demand for privacy tokens.
The post Trump says US-Iran ceasefire on ‘massive life support,’ crypto markets brace for fallout appeared first on Crypto Briefing.
CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.
eBay's rejection highlights significant barriers in acquisition talks, impacting market confidence and potentially altering future strategic moves.
The post EBay rejects GameStop’s $125 per share takeover proposal appeared first on Crypto Briefing.
On May 12, the Senate Banking Committee released updated text of the CLARITY Act ahead of a scheduled May 14 markup. The bill would establish new rules for digital asset intermediaries, define how certain network tokens are treated, expand the role of federal market regulators, and create a path for banks to offer crypto-related services. […]
The post CLARITY Act’s final draft has been released ahead of May 14 markup – What’s in it? appeared first on CryptoSlate.
Venture capital's shift towards younger founders signals a tech industry evolution amid bubble concerns.
The post Kevin Hartz: AI branding lacks genuine innovation, larger VC funds exhibit arrogance, and the startup landscape is shifting towards younger founders | Uncapped with Jack Altman appeared first on Crypto Briefing.
Bitmine Immersion (BMNR) said on Monday that its Ethereum (ETH) holdings have continued to climb, reaching 5 million tokens and getting closer to the company’s longer-term goal of owning 5% of the total ETH supply. The firm described the update as evidence that a “crypto spring” has begun, and used the announcement to reinforce why it believes ETH matters not only as an asset, but also as a form of diversification for investors. What’s In Bitmine Immersion’s Portfolio? According to Bitmine’s disclosure, the company controls more than 4.31% of ETH’s total supply of 120 million coins. The release also breaks down its overall crypto and non-crypto holdings as of May 10. Bitmine reported 5,206,790 ETH valued at $2,366 per ETH, along with 201 Bitcoin (BTC). Beyond the major cryptocurrencies, the company said it has a $200 million stake in Beast Industries, an $88 million stake in Eightco Holdings, and total cash of $775 million. Related Reading: Strategy May Be Buying Bitcoin Again Despite Q1 Sell Talk Bitmine also provided figures on staking. As of May 10, it said its total staked ETH stands at 4,7 million, which it valued at $11.1 billion using the same $2,366 per ETH reference. The company added that its staked ETH volume is higher than that of other entities globally. “Bitmine has staked more ETH than other entities in the world,” the company’s CEO Tom Lee said in the release. He continued that, at scale, the projected staking reward is $352 million annually, based on a 2.86% 7-day BMNR yield. Lee tied the company’s accumulation strategy to broader market drivers. He said the firm wants to highlight the role of owning ETH as a diversification tool, alongside the factors he believes could push the next “crypto bull” phase. Is ‘Crypto Spring’ Already Here? Bitmine also disclosed that its buying and staking activity is directly contributing to reduced circulating supply. Lee stated that, since the start of 2026, the company has acquired over 1 million ETH and accumulated more than 4.3% of the total supply. He said Bitmine intends to hold and stake its ETH holdings, meaning those coins are effectively removing liquidity from the market. In his words, ETH has been “disinflationary since June 2025” because Bitmine had already removed 4.3% of ETH supply from circulation since June 30, 2025. The company also adjusted its near-term accumulation plan. Lee said Bitmine has decided to slow down the pace of weekly accumulation from a targeted rate of more than 100,000 ETH per week. Lee said maintaining the earlier pace of weekly purchases would have meant reaching the 5% level by mid-July, but the shift now reflects a change in timing for how quickly the target is approached. Related Reading: Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money? Lastly, Bitmine pointed to market correlations it believes support its “crypto spring” thesis. The company said ETH prices have been correlated with software stocks. It stated that both ETH and the software ETF have been moving higher together in recent months. In its interpretation, the recovery in software stocks during 2026 is additional evidence that “crypto spring” has commenced. At the time of writing, ETH was trading just below the company’s average purchase price of $2,366, but was still holding on to gains of 2.3% over the previous two weeks. Featured image created with OpenArt, chart from TradingView.com
The escalation threatens regional stability, complicates peace efforts, and raises the risk of broader military conflicts in 2026.
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