Author: boss

Bitcoin Slips Below $80K After US Inflation Hits 3.8% and Rate Cut Hopes Fade

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Key Takeaways Bitcoin fell below $80,000 on May 12 as Trump warned that the U.S.-Iran ceasefire is on life support. A 1.6% drop in crypto prices wiped out $232 million in long bets as bitcoin’s market cap fell to $1.61 trillion. Markets await the PPI report to see if 3.8% inflation will force further energy price pressure. Stalled Negotiations and Regional Stability Bitcoin briefly dipped below $80,000 on May 12 as global markets reacted to President Donald Trump’s warning that the ceasefire between the U.S. and Iran was “on life…

Key XRP Metric Skyrockets 65% In Record Time, Why It Could Change Everything For Buyers

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XRP transaction volume on the XRP Ledger surged 65% over the past twelve months — from 43 million to 71 million transactions — setting a new record that a digital asset treasury firm argues reflects something far more significant than speculative activity: measurable, institutional-grade utility arriving quietly on the ledger while most of the market is watching price charts. Related Reading The data was shared by Evernorth (@evernorthxrp), a purpose-built digital asset treasury focused on XRP, in a post on X. The firm was pointed in its framing: speculative volume…

Bitcoin’s Bull-Bear Cycle Indicator Turns Green for First Time Since March 2023

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Key Takeaways Cryptoquant’s Bull-Bear Cycle Indicator turned green for the first time since March 2023 on May 12. The March 2023 signal preceded a bull run that took bitcoin above $73,000, but a 2022 false signal warrants caution. April spot ETF inflows hit $2.44B, and whale accumulation has grown, adding weight to the bullish read. Bullish Signal Flashes Near $80,000 Cryptoquant’s Bitcoin Bull- Bear Market Cycle Indicator entered bullish territory on Tuesday for the first time since March 2023, per data shared by the analytics firm. The shift marks what…

DTCC Integrates Chainlink for Tokenized Collateral Platform

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The Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink infrastructure into its collateral management platform ahead of a planned fourth-quarter 2026 launch as it aims to support near real-time movement, valuation and settlement of tokenized collateral across financial markets and blockchains. DTCC said its Collateral AppChain platform is designed to serve as shared infrastructure for institutions including custodians, triparty agents and collateral managers. The blockchain oracle provider’s technology will automate processes including margining, collateral optimization and settlement. Nasdaq said that its research found 52% of firms expect to manage…

US Senate Banking Committee Releases Text for Crypto Market Structure Bill ahead of Markup

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The recently released text of the Digital Asset Market Clarity Act (CLARITY) in the US Senate Banking Committee is raising some eyebrows among experts before a scheduled Thursday markup for provisions on housing and the lack of ethics language. On Monday, three Republican lawmakers unveiled the text of the bill lawmakers will use to consider advancing crypto market structure legislation in the banking committee. It followed drafts released in July and September 2025, building upon discussions between crypto and banking industry representatives over stablecoin yield. Text of CLARITY Act. Source:…

‘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…

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…

‘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…

Can Bitcoin break $100K as the CLARITY Act heads to committee?

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With the CLARITY Act heading to committee and a July 4 signing window, Bitcoin sits near $82K as ETF flows, corporate treasuries and post‑halving supply all align for a $100K test. Summary U.S. Senator Cynthia Lummis says the CLARITY Act is entering committee review this week after nearly a year of bipartisan work, calling it a step toward “consolidating global financial innovation leadership.” The bill, co-authored by Senate Banking Committee chairman Tim Scott, Lummis and Thom Tillis, aims to establish a clear regulatory framework for digital assets, protect investors and…

Can Bitcoin Bulls Shake Off a New US CPI Inflation Spike?

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Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years. Key points: US CPI inflation reaches its highest year-on-year levels since 2023. Energy prices fuel the rise, with the US-Iran war continuing to make its presence felt. Bitcoin traders retain support levels while a 200-day trend line comes in as resistance. Bitcoin price on edge as CPI beats multiyear records Data from TradingView showed BTC price action circling $81,000 as risk assets saw fresh headwinds. BTC/USD…