Crypto World
Standard Chartered, Singapore Gulf Bank deepen cross-border clearing ties
Standard Chartered forges clearing relationship with Singapore Gulf Bank to smooth ME-Asia payments
Standard Chartered has established a strategic banking relationship with Singapore Gulf Bank (SGB) aimed at improving multi-currency clearing and correspondent banking flows between the Middle East and Asia. The agreement is positioned to reduce settlement friction on key cross-border corridors and to support SGB’s growing focus on digital asset and stablecoin settlement services.
What the tie-up covers
Under the arrangement, Standard Chartered will extend its global clearing and correspondent capabilities to SGB, a Bahrain-regulated digital wholesale bank backed by Whampoa Group and Mumtalakat. The collaboration is intended to strengthen SGB’s multi-currency rails in emerging markets, accelerate settlement times and improve transparency across intermediary chains that typically complicate cross-border transfers.
SGB has been expanding its product set since launching corporate banking in late 2024. It rolled out a real-time multi-currency settlement platform, SGB Net, in May 2025 and announced a separate partnership with digital asset infrastructure provider Fireblocks in November 2025 to support secure treasury management and custody. The bank has also introduced around-the-clock payment capabilities and enhanced USD clearing relationships in recent months.
Context: persistent frictions in correspondent banking
Cross-border payments across emerging-market corridors remain hindered by layered correspondent chains, limited local currency liquidity, and time-zone constraints. These factors raise costs and extend settlement windows, particularly for payments routed through multiple intermediary banks. For businesses operating in the Middle East–Asia corridors, such frictions can blunt trade flows and increase operational risk.
Global banks with wide payment networks and established nostro/clearing relationships can help reduce those intermediaries, consolidating liquidity and offering faster settlement. That is the niche Standard Chartered is seeking to fill for SGB, leveraging its footprint across Asia, the Middle East and Africa.
Why this matters for digital asset settlement
SGB markets itself as a bridge between traditional finance and the digital asset economy, including stablecoin settlement. While this partnership does not publicise technical integration between Standard Chartered and tokenised rails, smoother correspondent flows and enhanced USD clearing capacity can materially reduce the on‑ramps and off‑ramps that currently complicate settlements between fiat and tokenised liquidity pools.
For institutions using stablecoins or other tokenised instruments as a settlement layer, faster and more reliable fiat clearing helps reconcile net positions with bank accounts and custodial platforms. SGB’s earlier tie-up with Fireblocks for custody and treasury functions indicates the bank is assembling both on-chain and off-chain capabilities; extending correspondent relationships is another step in that buildout.
Regional regulatory and market considerations
Bahrain’s regulatory environment has actively sought to attract fintech and digital-asset activity, offering a framework that some banks view as supportive for innovation while maintaining oversight. Standard Chartered’s statement referenced Bahrain’s position as a well-regulated transaction hub, underscoring the strategic value of pairing a Bahrain-licensed digital wholesale bank with a global clearing institution.
Nevertheless, corridors spanning multiple jurisdictions require coordination on AML/KYC, sanctions screening and liquidity management. Operational improvements in clearing and settlement will depend on alignment across correspondent counterparties and regulators in the relevant markets.
Implications for corporates and treasury managers
For corporate treasuries and payment service providers operating in ME-Asia lanes, the partnership could translate into shorter settlement cycles and potentially lower costs if intermediary steps are reduced. Faster fiat clearing supports tighter cash management and enables digital-asset-enabled flows to be settled with more predictable timing.
However, the exact customer benefits will hinge on implementation details such as connectivity options, cut-off times, FX pricing and the scope of currencies supported on an ongoing basis. Market participants will be watching how SGB integrates Standard Chartered’s rails with its own SGB Net platform and digital custody services.
Broader trend: incumbents partnering with digital-first banks
This deal fits a broader pattern in which established global banks partner with regional or digital-first challengers to extend reach into growth corridors and new product markets without building bespoke on-the-ground operations. For digital banks focused on tokenised settlement, securing robust correspondent lines remains a practical prerequisite to serve cross-border clients at scale.
As cross-border payment volumes and digital asset use cases evolve, relationships that combine global clearing scale with regional digital capabilities are likely to multiply. Observers should look for subsequent announcements detailing product roadmaps, technical integrations with token rails and service-level improvements that quantify the expected reductions in settlement time and cost.
The US Senate confirmed Kevin Warsh as Federal Reserve Chair in a 54-45 vote. The margin was the narrowest ever recorded for a Fed chair.
Pennsylvania Senator John Fetterman was the only Democrat to vote in favor. Warsh inherits a central bank under direct pressure from President Donald Trump to cut interest rates.
Kevin Warsh Officially Confirmed to Lead the Federal Reserve
Lawmakers first signed off on Warsh’s 14-year term as a Federal Reserve governor, clearing the way for the subsequent vote that handed him a concurrent four-year stint as chair.
He still needs to be sworn into both roles, which is pending the White House’s final signatures on the paperwork forwarded by the Senate.
Warsh takes over from Jerome Powell, whom Trump has repeatedly criticized for not lowering interest rates, mocking him with the nickname “Too Late.” Powell’s run as chair wraps up Friday.
Warsh previously served on the central bank’s Board of Governors between 2006 and 2011. He chairs his first Federal Open Market Committee (FOMC) meeting on June 16 and 17. During his confirmation hearing, Warsh said he was committed to keeping monetary policy “strictly independent.”
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The new Fed Chair takes over a central bank boxed in by hot data. Headline US CPI rose 3.8% year over year in April, the highest reading since May 2023. Producer prices, measured by the PPI, climbed 6%.
The numbers have prompted Wall Street to revise its outlooks. Goldman Sachs pushed its first rate cut forecast back to December 2026, citing sticky inflation.
Pimco went further, flagging the possibility of a rate hike. Warsh’s June FOMC vote will signal whether he leans toward Trump’s preference for cuts or holds the line on inflation.
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The post Trump’s Pick Kevin Warsh Confirmed as Fed Chair After Tight Senate Vote appeared first on BeInCrypto.
Crypto World
Can TAO Push Past $470 After Subnet Expansion While Pepeto’s Final Presale Tokens Disappear Before Listing Day?
The Bittensor price prediction crowd just stacked its third bullish catalyst this month. Opentensor doubled subnet capacity to 256 on May 3, Wormhole bridged TAO to Solana two days later, and today the Conviction Locks upgrade goes live, locking staked TAO for extended periods and compressing liquid supply further.
TAO sits at $311 while bigger wallets rotate into the next entry tier, and Pepeto is in the middle of that rotation with nearly $10 million raised, the presale 97% filled, and a Binance listing approaching that turns presale wallets into full positions before the first public trade.
Opentensor opened 128 fresh subnet slots with Robin τ on May 3, taking total capacity to 256 according to CoinMarketCap.
Wormhole bridged TAO to Solana two days later per CoinDesk, Grayscale reopened its TAO Trust on May 9, and today’s Conviction Locks upgrade compresses liquid supply by requiring extended lock periods for governance power.
Q1 revenue hit $43 million in subnet fees and Nvidia holds roughly $420 million in TAO. Capital chasing the AI rotation is already looking for the next entry that has not run yet.
Why Smart Money Is Pairing TAO With Pepeto Right Now
Pepeto: A Marketplace Already Live, A Listing Already Approaching
Pepeto runs a meme coin marketplace built on Ethereum for buyers who refuse to surrender tokens to bots or rug contracts, and the reason TAO holders are watching it is that the same logic applies: enter before the crowd prices you out.
The cross chain bridge transfers tokens between networks at zero cost, which feeds directly into PepetoSwap’s zero fee trading engine, so capital that enters stays fully deployed instead of leaking into fees at every step.
SolidProof audited every contract and 173% staking is compounding tokens for wallets that arrived first, which means early holders are growing their positions while the presale is still open.
Pepeto trades at $0.0000001868, the supply matches Pepe at 420 trillion, and the same builder who carried the first Pepe coin past $11 billion with no products is steering this project alongside a Binance veteran on the engineering side.
The presale is 97% filled right now, stages clear in under 48 hours, and the smart contract closes automatically the second the last token sells with no warning, just a closed window and a listing within days. The multiplier math from this entry to even a fraction of Pepe’s old cap lands in 100x territory, and that number is why wallets that missed the original frog are acting this time.
Bittensor Price Prediction: The Roadmap For TAO Through 2026
TAO trades at $311 today per CoinMarketCap with a $3 billion market cap, sitting 58% below its $760 all time high from April 2024. Changelly projects the range between $388 and $474 by December 2026, with the bull case anchored on subnet adoption and the pending Grayscale TAO spot ETF decision.
CoinCodex holds support at $260 and resistance at $350. Even the most bullish Bittensor price prediction caps the upside near 48% over months, while a presale entry into a working marketplace carries multiplier math that no $3 billion cap can match.
Conclusion:
The Bittensor expansion is real and the AI rotation is forming, but TAO upside from $311 caps near 48% over months while the Pepeto presale stages keep absorbing fresh capital with every round, and the gap between those two numbers is where life changing decisions get made.
Last cycle made millionaires out of the wallets that moved first into the right founder, not the wallets that waited for confirmation. Pepeto is that same moment with an approaching Binance listing and a working marketplace already running.
The presale is 97% filled, the smart contract closes the second the last token sells with no warning, and every day that passes is a day closer to a window that simply vanishes. The return math from $0.0000001868 to even a fraction of what the original Pepe reached is the kind of number that stays in a person’s head for years if they let it pass. The Pepeto official website carries the entry that turns into the return after the first listing day candle, and hesitating on this one could be the regret that defines the entire cycle.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the Bittensor price prediction for the rest of 2026?
Changelly projects the Bittensor price prediction between $388 and $474 by December 2026, with TAO at $311 sitting 58% below its $760 all time high. Support holds at $260.
Why are TAO holders watching Pepeto before listing day?
Pepeto carries a live marketplace, SolidProof audited contracts, and the Pepe cofounder. The presale is 97% filled at $0.0000001868 with a Binance listing days away.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
U.S. President Donald Trump (R) is greeted by Chinese President Xi Jinping at the Great Hall of the People on May 14, 2026 in Beijing, China. The trip by Trump is focused on trade, regional security, and strengthening bilateral ties between the world’s two largest economies.
China Pool | Getty Images News | Getty Images
BEIJING — U.S. President Donald Trump met his Chinese counterpart Xi Jinping in Beijing on Thursday morning, kickstarting a high-stakes summit that runs through Friday.
The relationship between the two countries is going to be “better than ever before,” Trump told Xi in his opening remarks, according to official broadcast footage. Highlighting their relationship, Trump said the two leaders have known each other personally for longer than any other U.S. or Chinese president.
Speaking just ahead of Trump, Xi noted the global attention on the meeting, and said a major question for the two countries was whether they could avoid the “Thucydides Trap,” according to an official English translation of his Chinese remarks broadcast by CCTV.
Thucydides Trap refers to how tensions historically between a rising and ruling power have often resulted in war. Graham Allison, the Harvard professor who popularized the concept, told CNBC’s “Squawk Box Asia” that he expects the trade truce Trump and Xi reached at their meeting in South Korea last fall will become a formal agreement.
“The big word will be stabilization,” Allison said Thursday.
The two presidents wrapped up their first meeting after about an hour, including a welcome ceremony, and are set to have multiple discussions through midday Friday.
Later on Thursday, Trump is expected to visit the Temple of Heaven historic landmark in the afternoon, and attend a state banquet in the evening.
Iran, Taiwan and artificial intelligence are among the many topics the two sides are expected to discuss, on top of tariffs and rare earths. The last time a sitting U.S. president visited China was in 2017.
On Thursday, Xi walked down the stairs of the Great Hall of the People in Beijing to shake hands with Trump, according to official broadcast footage. The U.S. president first shook hands with Chinese officials, followed by Xi greeting the U.S. delegation.
China’s top diplomat, Wang Yi and Zheng Shanjie, head of the economic planning agency, were among the Chinese representatives, the footage showed.
The U.S. contingent included Secretary of State Marco Rubio as well as business executives such as Tesla’s Elon Musk, Apple’s Tim Cook and Nvidia’s Jensen Huang.
Images of the initial Xi-Trump meeting also showed U.S. Secretary of War Pete Hegseth and his Chinese counterpart Dong Jun were also present.
Crypto World
Bonk Price Sits 88% Below All Time High While Pepeto Presale Hits $10 Million With a Working Exchange and Binance Listing Ahead
The Bonk price shows a token still waiting for a catalyst that has not arrived, with BONK trading at $0.0000071 and sitting 88% below its November 2024 peak. Tuttle Capital filed a 2x leveraged BONK ETF while Bonk Holdings on Nasdaq targets $115 million in reserves, but even those moves cannot close a gap that wide.
Pepeto has collected nearly $10 million in presale with an exchange already processing trades and a Binance listing approaching, and analysts project 100x to 300x from the current entry.
CoinDesk reported that Tuttle Capital filed a 2x leveraged BONK ETF, and Bonk Holdings on Nasdaq targets $115 million in reserves by year end. CoinMarketCap shows BONK at $0.0000071 with a $673 million market cap.
The institutional interest is real, but the Bonk price still sits 88% below its peak, and recovery from that depth moves in percentages that presale tokens can match in a single listing day.
BONK ETF Filing, Pepeto, and Where Meme Coin Returns Split
Pepeto
The BONK recovery struggle shows what happens when a meme coin runs on hype alone, and Pepeto answers that with a live exchange, a cross chain bridge linking Ethereum, BNB Chain, and Solana at zero cost, and a contract risk scanner that catches problems before capital goes in.
Nearly $10 million collected during fear proves the gap between a plan and a working result that wallets already trust with real money, and that trust keeps growing because each presale stage fills faster than the last while BONK needs years of steady buying just to close an 88% gap.
The team behind that momentum includes a former Binance expert and the person who built the original Pepe coin to $11 billion on the same 420 trillion token model and no utility behind it. SolidProof covers every contract, staking pays 173% APY before listing, and the Pepeto presale sits at $0.0000001868 right now. The zero fee exchange means every trade after listing feeds volume directly back into the token instead of leaking value to gas costs, and that is the kind of built in buying pressure that BONK never had and still does not have at $0.0000071.
The CoinMarketCap listing page went active in May, a signal that only appears when trading is near, and the sale ends without warning the second the allocation runs out, so the wallets entering now are building positions at a price that the rest of the market will never see again. One wallet put $8,000 into Shiba Inu in January 2021 and cashed out $9 million by August according to CNN, and with the level of demand flowing into Pepeto, analysts see the same kind of return setup forming for presale holders right now.
Bonk Price Prediction
BONK sits at $0.0000071 per CoinMarketCap, 88% below its $0.00005898 all time high. Changelly projects a 2026 ceiling near $0.0000154, while Coinpedia maps a high of $0.000033 if the Bonk price reclaims resistance.
The best case gives roughly 4x on the year, solid for a meme coin but nowhere near what a presale to listing event delivers.
The Final Word
Pepeto was built with timing that fits this cycle perfectly, where meme coins fight to recover and the smartest capital finds the one that shipped what others still promise.
The cofounder proved this math works once before, taking Pepe coin to $11 billion with zero products and the same 420 trillion supply, and repeating that from the current presale price is over 150x with a working exchange and real trading tools behind it this time.
The Bonk price tells the story of a meme coin trapped in recovery mode, waiting for a second chance that keeps getting pushed further out, while Pepeto offers that chance right now at a price that vanishes forever the day the listing goes live.
Entering the presale is betting on a pattern that already delivered generational returns once, and the wallets inside right now are the ones that will look back on this entry the way early Pepe holders look back on theirs, knowing that the only real mistake was not buying more. The Pepeto official website is where that entry exists for a few more days, and the listing could come at any moment because the remaining allocation shrinks with every wallet that enters.
Click To Visit Pepeto Website To Enter The Presale
FAQs:
Why is the Bonk price struggling to recover from its 88% drop?
The Bonk price struggles because BONK depends on hype cycles without exchange tools. Recovery from 88% takes quarters that presale tokens skip through a listing event.
Can Pepeto deliver better returns than Bonk price recovery in 2026?
Pepeto can deliver better returns than Bonk price recovery because the presale price of $0.0000001868 gives 100x to 300x potential once the Binance listing opens. The best Bonk price forecast gives roughly 4x for 2026.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Crypto World
Dogecoin Price Prediction Signals Breakout for 2026 as Whale Holdings Hit Record While Pepeto Nears $10M With Listing Days Away
The latest Dogecoin price prediction data shows DOGE forming a bullish pattern after whale wallets loaded a record $11.6 billion worth of tokens, and Bitcoin above $80,000 is pulling capital back into altcoins and meme tokens at a pace not seen since late 2025.
Pepeto is pulling fresh presale attention with nearly $10 million raised and a Binance listing expected ahead.
According to Santiment data, the 149 largest DOGE wallets now hold 108.52 billion tokens worth $11.6 billion, the highest on record. Analysts tracked 739 transactions above $100,000 in a single day.
DOGE trades at $0.11 after clearing every major moving average for the first time since October 2025.
Several Dogecoin price prediction models point to $0.118 resistance, and CoinMarketCap reports ETF inflows returned despite short term bearish signals.
Dogecoin Price Prediction and Pepeto Lead the Crypto Entries Worth Watching in 2026
Pepeto Builds a Working Exchange Before Listing Day While the Market Chases Price Targets
The crypto market rewards people who enter before the rest of the crowd catches on, and Pepeto is that entry right now at $0.0000001868 before the expected Binance listing changes that number for good.
The PepetoSwap exchange, cross chain bridge, and 173% staking system are already built and working, verified by a completed SolidProof audit, which is why the Pepe cofounder who took the original PEPE token to an $11 billion market cap with zero tools is now steering a project that has real tools behind it from day one.
Dogecoin turned early holders into millionaires with nothing but community energy, and Pepeto carries that same energy with an exchange already running underneath it.
Multiple Dogecoin price prediction analysts rank Pepeto alongside the top presale entries because it already delivers more utility than most listed meme coins, and with nearly $10 million raised the presale is almost full, which means the listing could trigger any day and every wallet that hesitated will be staring at an entry that vanished overnight.
Today the entry remains at the lowest number it will ever be, and the moment the listing goes live, this window shuts and the presale buyers are the ones sitting on the returns.
Dogecoin Price Prediction
The Dogecoin price prediction for the rest of 2026 carries real weight after this month’s breakout. DOGE is trading at $0.11 with a market cap of $17 billion according to CoinMarketCap and daily volume above $600 million. The token printed a cup and handle pattern on the daily chart, a classic sign that a run higher is forming.
Resistance sits at $0.118 where the 0.618 Fibonacci level lines up with the top of a descending channel, and clearing that opens a path toward $0.155 by year end based on CoinCodex models.
Support holds at $0.087 where buyers stepped in three times since February. The Dogecoin price prediction outlook gets stronger if spot ETF inflows stay positive and X Money integration rumors turn real, because that could push DOGE back toward its 2025 high near $0.27.
Conclusion
The Dogecoin price prediction points to DOGE running toward $0.15 by late 2026, and that kind of move from a large cap delivers about 40% returns over months of waiting.
The original PEPE token reached an $11 billion market cap with zero products behind it, and Pepeto was built by the same cofounder with a working exchange, bridge, and 173% staking already running, which means the math from presale to listing points at returns that a 40% large cap move will never touch.
Nearly $10 million already flowed into this presale, and that number keeps climbing every day because the wallets doing the math understand what happens when a token moves from fractions of a cent to exchange price on listing day.
The presale is still open right now, but the listing could trigger any moment once the final tokens clear, and every day of hesitation is a day closer to watching from the outside while early holders collect the returns. This is the kind of decision that looks obvious in hindsight, and the wallets that act before the window closes are the ones who will not spend the rest of 2026 wishing they had moved when the entry was still there.
Click To Visit Pepeto Website To Enter The Presale
FAQ
What is the Dogecoin price prediction for the rest of 2026?
The Dogecoin price prediction targets $0.155 by year end if the cup and handle breaks $0.118 resistance. DOGE trades at $0.11 with whale wallets holding a record $11.6 billion.
Why are analysts watching the Pepeto presale alongside DOGE right now?
Pepeto raised nearly $10 million with a working exchange, 173% staking APY, and an expected Binance listing. The presale at $0.0000001868 is almost full.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
French hardware wallet maker Ledger has paused its planned US initial public offering (IPO), joining Kraken on the sidelines and thinning what was set to be crypto’s biggest listing year.
Sources familiar with the process said Ledger has not filed a confidential S-1 with the Securities and Exchange Commission (SEC), the formal first step toward a US listing, and may pursue private fundraising instead.
A Thinning 2026 IPO Pipeline
Ledger had hired Goldman Sachs, Jefferies, and Barclays earlier this year to lead a potential New York listing valued above $4 billion.
The pause leaves that mandate idle and removes one of the most anticipated crypto issuances from the 2026 schedule.
Kraken shelved its own IPO in March after confidentially filing in November 2025. The exchange’s valuation slipped to $13.3 billion in April from a $20 billion peak last year, a signal that public markets are already discounting crypto operators.
The Cost of Staying Private
Pausing comes with tradeoffs. Existing Ledger investors and employees lose a near-term exit, leaving secondary sales as the main liquidity option.
The company tapped that route in March with a $50 million share sale, but private rounds rarely match the depth of public markets.
BitGo, the only crypto firm to complete a US listing this year, debuted in January at $18 per share and now trades near $12, more than 30% below its offer price.
That performance gives peers a clear reason to wait rather than test investor appetite.
Ledger’s Growth Story Continues
Notwithstanding, the Paris-based firm is growing US operations, recently hiring a chief financial officer from stablecoin issuer Circle and building enterprise custody products for banks.
Founded in 2014, Ledger says it secures over $100 billion in client crypto assets.
The IPO pipeline reopening by the second half of 2026 depends on token prices, trading volumes, and how the next crypto-adjacent listing performs.
In the meantime, the pause keeps Ledger private and the broader sector waiting.
The post Ledger Joins Kraken in Pausing US IPO, Stalling Crypto’s 2026 Public Listing Wave appeared first on BeInCrypto.
The company behind the popular cryptocurrency XRP made headlines again by collaborating with some well-known names.
The price of its native token has risen by 9% over the past month, while the sustained institutional interest suggests a further ascent could be on the way.
Partnerships and More
Earlier this week, Ripple announced the successful closing of a $200 million debt facility from funds managed by Neuberger Specialty Finance, the dedicated asset-based division within the global investment management firm Neuberger.
The new capital will help Ripple Prime (formerly known as Hidden Road) to expand its services and support more institutional clients. Ripple also noted that demand for reliable, large-scale financing solutions continues to grow across both traditional and digital markets. Speaking on the matter was Noel Kimmel, President of Ripple Prime:
“This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency. Neuberger Specialty Finance has deep expertise in asset-based finance and a strong understanding of our business model, and its support reflects the differentiated prime services platform we have built and the many growth opportunities available to us.”
For his part, Peter Sterling (Head of Neuberger Specialty Finance) applauded Ripple Prime for building an innovative brokerage platform that combines “fintech-grade technology and agility with bank-level compliance and operational rigor.”
The initiative caught the eye of numerous crypto commentators. The popular X user Vincent Van Code claimed this has marked Ripple’s jump into “financial liquidity.”
“Land wait til this $200m number becomes $20BN on chain. And then wait for XRP to become not only the bridge but a margin facility,” they added.
In the meantime, the Brazilian fintech and blockchain infrastructure company Levery joined Ripple UDAX and the local research and educational foundation FGV “to bring institutional on-chain liquidity” to LatAm banks. UDAX stands for the University Digital Asset Xcelerator – a mutual initiative between Ripple’s University Blockchain Research and UC Berkeley.
The ETF Front
Institutional interest in spot XRP ETFs has strengthened lately, with millions of dollars flowing into these products daily. On May 11 alone, inflows topped $25 million, marking the best day since the beginning of January. In fact, the last time outflows surpassed inflows was on April 30.
When new capital enters these products, issuers must buy actual XRP to back the sold shares. This steady demand can lift the asset’s price, especially when it outpaces available supply.
The companies that offer such ETFs in the USA include Canary Capital, Bitwise, Franklin Templeton, Grayscale, and 21Shares. The cumulative total net inflow generated by these financial vehicles since their launch is over $1.36 billion.
RLUSD’s Progress
Ripple is best known for its native token XRP, but its ecosystem also includes the stablecoin RLUSD, which is pegged 1:1 to the American dollar.
It officially saw the light of day towards the end of 2024, and since then, numerous financial giants and exchanges have embraced it. Some examples include the oldest bank in the US, BNY Mellon, as well as the popular trading venues Binance and OKX. Recently, Quick AI revealed that RLUSD is available on its payment protocol Q402.
“Users can pay in RLUSD without holding gas. Q402 covers execution. Every payment also gets a Trust Receipt: signed, shareable, and verifiable in the browser,” the announcement reads.
As of press time, the stablecoin’s market capitalization stands at almost $1.6 billion, making it the 56th-biggest cryptocurrency.
XRP Price Outlook
The asset trades at roughly $1.42 after posting a solid 9% increase over the past month. Moreover, several factors suggest that a more substantial pump could be on the horizon. A few days ago, the renowned analyst Ali Martinez disclosed that the TD Sequential indicator had flashed a buy signal on XRP’s price chart, expecting an ascent to $1.82 if the valuation decisively breaks through the $1.45 resistance.
Moreover, the analytics platform Santiment revealed that the number of wallets holding at least 10,000 tokens has reached a new all-time high of 332,230.
“Historically, rising numbers of mid-to-large wallets suggest increasing conviction from investors who are less focused on short-term price swings and more interested in long-term positioning. This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum,” the team added.
The post Ripple (XRP) News Today: May 13 appeared first on CryptoPotato.
Nvidia (NVDA) stock price has rallied for seven consecutive sessions since the May 6 breakout, climbing to $227 on May 13. The move sits inside a 32% measured move setup, and the fundamental catalysts behind it have just multiplied.
Jensen Huang joined President Trump’s Beijing delegation as a last-minute addition on Tuesday, putting $50 billion in China AI chip opportunities back in play.
At least five Wall Street firms have raised or reiterated their Nvidia price targets in the past 48 hours. Earnings land on May 20. But the Chaikin Money Flow is sending a quieter, more cautious signal underneath the rally.
Nvidia Stock Bull Flag Breakout Targets $267
The Nvidia stock chart broke out of a bull flag and pole pattern on May 6, 2026. The pole rallied 31.92% across April and early May, and the flag resolved upward with strong volume on the breakout candle.
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Every daily session since May 6 has closed green. The measured move projects a 32% rally from the breakout zone, with $267 the textbook target.
The fundamental catalysts have stacked up in the past 48 hours. Jensen Huang joined President Trump’s delegation to Beijing as a last-minute addition on May 12.
Trump personally called Huang after the Nvidia CEO was initially absent from the executive list, and Huang flew to Alaska to board Air Force One. Beijing has been pushing for greater access to Nvidia’s H200 AI chips, a market Huang has sized at $50 billion.
Wall Street has reinforced the setup. Bank of America’s (BofA) Vivek Arya raised the firm’s Nvidia price target to $320 from $300 on May 13, citing a $1.7 trillion total addressable market for 2030 AI data centers.
Wells Fargo’s Aaron Rakers raised to $315 from $265 on May 12, using a new gigawatt-capacity model. Susquehanna’s Christopher Rolland raised to $275 from $250, aligned with the chart targets discussed earlier. Citi reiterated $300. Oppenheimer reiterated $265.
The Nvidia stock price now sits between the breakout zone and the target, with earnings due May 20. The next signal sits in the institutional flow data.
Money Flow Sends a Quieter Warning
The Chaikin Money Flow (CMF) indicator, which measures the volume-weighted balance of buying and selling pressure as a proxy for large money positioning, sits at 0.24 on the Nvidia daily chart.
The reading is in positive territory. The interesting signal is what has happened underneath it. The CMF peaked in late April and has since trended steadily lower, while Nvidia’s stock price has trended higher. The result is a bearish divergence on the daily chart.
That divergence does not invalidate the breakout. Big-money flow has softened, but it remains net positive. The pattern is consistent with profit-taking into strength or hedging ahead of the May 20 earnings report.
The put-call ratio data adds the second layer. The Nvidia put-call volume ratio sits at 0.32 on May 13, up from 0.29 around the May 6 breakout. The open interest ratio has eased to 0.80 from 0.81 over the same period.
The increase in volume-based puts alongside steady open interest fits the same picture as the CMF divergence.
Some hedging is being added to the rally, but overall positioning remains heavily call-skewed, with put-call ratios well below 1.0. The setup stays bullish with some prudence layered in.
Nvidia Stock Price Levels Show $227 as the Decision Point
Nvidia stock price trades at $226, sitting right next to $227, the 0.618 Fib zone of the recent range.
The 0.618 level is the structural pivot. A daily close above $227 opens $235, $247, and the textbook pattern target at $267. Beyond that, the 1.618 extension at $279 aligns with Susquehanna’s price target.
The 2.618 extension at $332 sits just above Bank of America’s $320 target.
The downside levels matter too. Support stacks at $214 and $207. A daily close below $207 would weaken the breakout structure. The deeper invalidation sits at $194, the 0 Fibonacci anchor. A break under $194 would weaken the entire bullish structure.
A daily close above $227 keeps the path to $267 open and brings the analyst price ladder into view. A close below $207 hands control to the CMF divergence and risks a deeper consolidation toward $194.
May 20 earnings will likely break the tie.
The post A Phone Call From Trump Just Earned Nvidia Stock a Potential 30% Boost appeared first on BeInCrypto.
Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds.
Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published Tuesday.
IBIT holdings fell about 71% from Q4 2025 to roughly 5.9 million shares valued at about $225 million, while FBTC dropped about 60% to around 2 million shares worth roughly $115 million.
At the same time, Jane Street increased its exposure to Ether (ETH) ETFs, nearly doubling its position in BlackRock’s iShares Ethereum Trust (ETHA) and sharply raising its stake in Fidelity Ethereum Fund (FETH), adding about $82 million combined across the two products over the quarter.
The move comes amid early signs of institutional Ether ETF buying in early 2026, including increased exposure reported at Wells Fargo. The filing points to a reshuffling of Jane Street’s reportable crypto-linked holdings at quarter-end, though 13F disclosures do not show the market maker’s full trading book or net exposure.
Bitcoin exposure weakens further as Strategy stake falls
Jane Street’s Bitcoin-linked exposure weakened further in Q1 2026 as it reduced its stake in Michael Saylor’s Strategy (MSTR) alongside major ETF cuts.
In Q4 2025, the firm held about 968,000 MSTR shares worth roughly $145.9 million. By Q1 2026, the common stock stake fell to about 210,000 shares valued at roughly $27 million, a decline of about 78% quarter-over-quarter.
Jane Street increased its Strategy (MSTR) position by 473% in Q4 2025. Source: TheBTCTherapist
Strategy selling followed significant buying in the previous quarter as Jane Street reportedly increased MSTR position by 473% in Q4 2025.
In Q1 2026, the company also trimmed exposure across several Bitcoin mining stocks, including IREN, Cipher Mining, TeraWulf and Core Scientific.
Increased exposure to Coinbase, Galaxy and Riot
Despite broad downside pressure on Bitcoin-related assets, Jane Street increased exposure to several crypto-linked equities over the quarter, suggesting more selective positioning in crypto-related equities rather than a broad exit from the sector.
Jane Street raised its stake in the crypto mining company Riot Platforms (RIOT) to about 7.4 million shares, up from 5 million, increasing its value to roughly $91 million from $63 million.
It also increased its position in Coinbase (COIN) to about 888,000 shares from 778,000, with the value rising to about $155 million from $176 million in the prior quarter.
Related: EToro profits rise as commodities boom offsets crypto trading slump
Galaxy Digital (GLXY) saw the sharpest expansion, jumping to about 1.5 million shares from just around 17,000, lifting its value to roughly $28 million from around $380,000.
Jane Street posted a record $16.1 billion in Q1 trading revenue, according to Reuters, as volatile markets and gains tied to artificial intelligence-related investments boosted financial results.
Magazine: Strategy reveals why they would sell BTC, Trump Media posts loss: Hodler’s Digest, May 3 – 9
A Bitcoin holder posting as cprkrn on X (Twitter) said he recovered 5 BTC from a wallet locked for more than 11 years after uploading his old college computer files to Anthropic’s Claude AI.
They claimed the chatbot found an encrypted wallet file, debugged the open-source tool btcrecover, decrypted the keys, and converted them to Wallet Import Format. He had paid roughly $250 per failed attempt at commercial services before turning to AI.
How Claude Cracked the Wallet
cprkrn said he uploaded files from his old college machine to Claude as a last attempt. The chatbot located an encrypted wallet file among the dumped data, then turned to btcrecover, a widely used open-source recovery utility.
Screenshots posted to X show the model worked through the password logic. It found that btcrecover concatenates a sharedKey value with the user password during decryption. The private keys then decrypted on the first corrected run.
The recovery hinged on a mnemonic the user said he rediscovered weeks earlier. He set the original password while in college and changed it shortly after, joining a long list of crypto fortunes stranded for years.
Last ditch effort dumped my whole college computer into Claude. It found an OLD wallet file that the pneumonic successfully decrypted,” posted cprkrn.
With the pioneer crypto now trading for $79,622, the recovery is now worth almost $400,000.
Why the Case Is Drawing Attention
The recovery post drew more than one million views within hours. Castle Island Ventures partner Nic Carter called the result “insane.” Crypto journalist Laura Shin and Base creator Jesse Pollak posted similar reactions.
Experts say the recovery is proof of how general-purpose AI now handles specialized cyber and debugging work.
Meanwhile, wider attention has followed Anthropic as Claude’s capabilities expand.
The case adds to a growing pile of recoveries tied to long-dormant addresses. Roughly a third of all Bitcoin supply remains held in wallets that have not moved in years, per Glassnode data on dormant coins.
Whether the technique extends to other forgotten wallets depends on the files holders kept from earlier years. cprkrn advised others to upload everything from old machines and notebooks before giving up.
The post Bitcoin Holder Recovers 5 BTC From 11-Year Locked Wallet Using Claude AI appeared first on BeInCrypto.
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