Day: May 12, 2026

‘Neither Credible nor Attractive:’ Ebay Board Rejects Gamestop’s Unsolicited $56B Takeover Bid – Bitcoin News

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Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4% following concerns over the $20 billion debt plan. The Ebay board will focus on its 136 million users, while Gamestop may consider a future proxy fight action. Gamestop’s Bid for Ebay Ends in Rejection Amid Financing Uncertainty In a definitive move, the board of directors at Ebay Inc. has rejected a $56 billion unsolicited acquisition proposal from GameStop Corp. The rejection…

Will It Trigger a Price Rally?

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XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors. Key takeaways: Spot XRP ETFs logged $25.8 million in inflows on Monday, driving cumulative net inflows to a record $1.35 billion. Analysts say XRP price shows potential for a sustained rally, with charts targeting as high as $10.  XRP ETF demand makes a comeback Institutional demand…

LEAKED: Urgent Crypto News That Affects Bitcoin Holders (clarity act, fed chair)

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Sui Set To Integrate Native Private Transactions Into Core Protocol — What This Means

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The Sui Network is moving to redefine the balance between transparency and confidentiality by integrating native private transactions directly into its core protocol. Unlike traditional systems where transparency is the default, Sui aims to make confidentiality a built-in feature, eliminating the need for users to rely on external tools. Why Sui’s Native Privacy Upgrade Matters For Blockchain Adoption The SUI network is preparing to make a move in blockchain infrastructure by embedding native private transactions directly into its base protocol in 2026. Crypto analyst Kyle Chasse highlighted that, unlike traditional…

ETH Derivatives and Onchain Data Suggest the Path to $2,600 Remains Open

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Key takeaways: ETH derivatives metrics show professional traders are holding steady and haven’t flipped bearish despite recent DeFi exploits. Ethereum’s 53% Total Value Locked market share and institutional ETF demand continue to provide support near $2,200. Ether price rally stalls, but ETH futures far from bearish Ether (ETH) price failed to sustain bullish momentum after peaking near $2,380 on Sunday. Repeated failures to break the $2,400 mark over the past four weeks have gradually drained confidence, suggesting professional ETH traders might be jumping ship despite several derivatives and onchain metrics…

Can Bitcoin Hold 80k Ahead of CPI

In today’s BTC USD price prediction, Bitcoin is holding firm above $80,000, a level that seemed distant just weeks ago, even as legendary short-seller Michael Burry delivers one of his starkest equity warnings in years. BTC USD peaked at $82,040 in overnight trading before consolidating. And now, the question is whether the broader macro storm gathering around oil prices and CPI data can shake that $80,000 support level.  Burry, whose 2008 subprime call made him a household name in contrarian circles, published a Substack warning that the Nasdaq 100 trades…

‘XRP Was Never Designed To Be Cheap,’ So What Is Its Real Value?

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Crypto pundit BarriC has declared that XRP was never designed to be cheap, given its projected utility among institutional players. He also indicated that the altcoin could reach at least $1,000 as it continues to gain greater adoption among these institutions.  Crypto Pundit Says XRP Not Designed To Be Cheap In an X post, BarriC stated that XPR was never designed to be cheap and that it was designed to move institutional value. He gave an example of how a larger amount of XRP will be needed if an institution…

Mercado Libre y Coinbase publican Earnings EN VIVO 🔴 Cierre del Mercado | Market Close en Español

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Meet & Trade – Tu cita mensual con el Mercado 👉 Mercado Libre (MELI) y #Coinbase (COIN) publican sus resultados – ¡Y los seguimos en vivo! – Hammack, de la Fed, dice que las tasas se mantendrán sin cambios “por bastante tiempo”. – Whirlpool cae tras no alcanzar las expectativas de ventas del primer trimestre. – Las acciones de ciberseguridad suben después de que Datadog elevara su previsión. – S&P 500 -0,40%, Nasdaq -0,15%, Dow -0,55%. Articulo: En cada transmisión revisamos en…

Is BlackRock Sidelining XRP? New Launches Shift Focus To Another Blockchain

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The world’s largest asset manager, BlackRock, has picked Ethereum over the XRP Ledger (XRPL) as it plans to launch two tokenized money-market funds. These funds will target stablecoin holders as BlackRock continues to expand its crypto offerings.  BlackRock Picks Ethereum Over XRP Ledger For New Funds According to a Bloomberg report, BlackRock has filed with the U.S. SEC to launch two tokenized money market funds. The first fund will be tokenized shares of its BlackRock Select Treasury-Based…