The crypto market lost nearly $90.3 billion in value in a single hour on May 16, pushing Bitcoin to $77,678 and triggering mass liquidations across the board. Summary PPI inflation data came in 6% above forecast, killing rate-cut expectations and sending risk assets into a sharp sell-off. BlackRock’s IBIT shed $136 million as U.S. spot…
Malta, a country with a population smaller than most mid-sized American cities, just became the first nation on Earth to cut a deal giving its entire citizenry access to a premium AI tool. OpenAI and the Maltese government announced a partnership that will provide all residents with free ChatGPT Plus for one year, on one…
Sebastián Marset, the Uruguayan drug trafficker dubbed the ‘modern Pablo Escobar,’ was captured in Bolivia on March 13 and is now under U.S. custody, accused of laundering millions through crypto networks. The case has triggered a joint investigation between Bolivia’s Special Anti-Narcotics Force (FELCN) and the U.S. Drug Enforcement Administration, which met in Washington this…
XRP tried to escape consolidation once again but a familiar resistance was too strong. There has been a lot of talk about an impending XRP breakout lately as the asset has been stuck in a relatively tight range since the early February crash. Although each attempt has been met with immediate selling pressure, analysts…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink struggles near $10 as investors debate recovery potential versus growing interest in crypto presales. Summary Chainlink trades near $10 in 2026, stuck below $14 resistance despite strong partnerships and rising cross-chain activity. MEPU…
SpaceX shareholders have voted to approve a 5-for-1 stock split, a move that will multiply the company’s outstanding share count fivefold while cutting the per-share price by roughly 80%. The total valuation and individual ownership stakes remain unchanged, which is how stock splits work: more slices, same pie. The vote, reported on May 15, comes…
Cardano just made a move that most layer-1 projects are scared to even attempt. While everyone else is busy fighting the SEC in court, ADA went straight to the source and helped write the actual rulebook in Europe. The DARTE Paris 2.0 report dropped this week and it is a big deal, because it positions…
The XRP Ledger’s actitivity reached a multi-month high of its own. Although Ripple’s cross-border token couldn’t continue its run that began on Thursday, it still managed to result in an impressive peak for the overall usage of the ecosystem’s network. Meanwhile, analysts noted that certain investors are “quietly buying long positions,” as the asset…
The CLARITY Act cleared the Senate Banking Committee 15 to 9 on May 14, but analysts say significant obstacles remain before it can become law. Summary The CLARITY Act cleared the Senate Banking Committee in a 15 to 9 bipartisan vote, with all 13 Republicans and two Democrats voting in favour. The bill still needs…
The warning came amid a growing number of scams within the entire market. The cryptocurrency industry has certain negative aspects, such as the growing number of bad actors trying to exploit victims following popular projects with giveaway or airdrop scams by typically impersonating key members of their teams. Pi Network’s only official X channel…
