Crypto World
Elon Musk Cheers NVIDIA’s Vera Launch After SpaceX Gets First Units
NVIDIA has tapped SpaceX as one of the first customers to deploy its new Vera CPU, the chipmaker’s debut processor designed specifically for agentic artificial intelligence (AI) workloads.
The collaboration drew quick public backing from SpaceX chief executive Elon Musk, who reposted the announcement on X and joked that the chip lived up to its name.
NVIDIA Ships First Vera Units to SpaceX
NVIDIA confirmed that early Vera silicon went directly to SpaceX, OpenAI, Anthropic, and Oracle Cloud Infrastructure. The chipmaker’s hyperscale division hand-delivered the first units, framing the rollout as the start of a wider commercial deployment.
The Vera CPU houses 88 custom NVIDIA-designed Olympus cores and supports up to 1.2 TB/s of memory bandwidth using LPDDR5X memory. NVIDIA claims the chip runs agentic sandbox workloads up to 50% faster than competing rack-scale CPUs while doubling efficiency.
A new 256-CPU rack configuration sustains more than 22,500 concurrent agent environments at full performance, according to NVIDIA. The system is part of the broader Rubin platform revealed at GTC in March 2026.
Musk Reacts on X
Musk posted his reaction shortly after NVIDIA’s official AI Infrastructure account thanked SpaceX for testing the chip.
His enthusiasm follows the recent folding of xAI into SpaceX, which now operates the merged AI division under the SpaceXAI brand. The unit already runs the Colossus 1 and Colossus 2 supercomputers in Memphis.
Why Vera Matters for Agentic AI
Vera signals NVIDIA’s first serious push into CPUs aimed at AI agents rather than the GPU products that dominate its revenue. The launch coincides with rising enterprise demand for agent-based workloads that orchestrate many smaller models. NVIDIA chief executive Jensen Huang has called agent-based services the company’s next multi-trillion-dollar opportunity.
Customers lined up for deployment include Alibaba Cloud, ByteDance, Meta, CoreWeave, Lambda, and Nscale, alongside SpaceX. The breadth of early adopters suggests NVIDIA intends to extend its AI infrastructure dominance well beyond training silicon.
Whether Vera meaningfully shifts CPU market share will depend on how quickly customers like SpaceX move from testing to full production. Several rivals, including AMD, are also working on competing chips aimed at the same workloads.
The post Elon Musk Cheers NVIDIA’s Vera Launch After SpaceX Gets First Units appeared first on BeInCrypto.
President Donald Trump nominated former SEC Chairman Jay Clayton as Director of National Intelligence on Thursday. Clayton authorized the agency’s landmark lawsuit against Ripple in 2020, making him one of the most consequential regulators in XRP’s history.
The nomination requires Senate confirmation. Clayton currently serves as US Attorney for the Southern District of New York and would replace acting appointee Bill Pulte.
Why Jay Clayton Still Divides the XRP Community
The SEC filed its complaint against Ripple Labs on December 22, 2020, Clayton’s last full day as chairman. The agency alleged the company raised $1.3 billion through unregistered XRP sales.
It also said executives Brad Garlinghouse and Chris Larsen made roughly $600 million in personal sales.
Garlinghouse repeatedly accused Clayton of hypocrisy, arguing the chairman treated XRP more harshly than Bitcoin (BTC) or Ethereum (ETH). J
udge Analisa Torres later ruled that only Ripple’s institutional sales violated securities law. She fined the firm $125 million in August 2024, far below the nearly $2 billion the SEC wanted.
Both sides dropped their remaining appeals in 2025. XRP traders shrugged off Thursday’s news.
The token gained nearly 4% on Thursday to trade near $1.13, holding its spot as the sixth-largest cryptocurrency at a $71 billion market cap.
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A Steadier Pick After the Pulte Backlash
Trump handed the role to Federal Housing Finance Agency Director Bill Pulte on an acting basis earlier this month.
Crypto markets cheered the acting pick because of his pro-crypto mortgage policies. However, Pulte’s lack of intelligence experience drew bipartisan objections.
House Democrats blocked a short-term FISA Section 702 extension on Thursday in protest.
Clayton offers Senate Republicans an easier path. Lawmakers confirmed him 61-37 to lead the SEC in 2017.
Federal judges later named him SDNY attorney after his 2025 nomination stalled. Still, critics note he also lacks any intelligence background.
“I am pleased to announce the Nomination of very Highly Respected Jay Clayton, former Chairman of the Securities and Exchange Commission… to be the next Director of National Intelligence and, importantly, to serve in my Cabinet,” Trump wrote in a Truth Social post announcing the decision.
Confirmation hearings will now test Clayton on surveillance and national security.
XRP holders, meanwhile, will watch whether their old adversary leaves financial regulation behind for good.
The post Trump Picks Former Ripple (XRP) Foe Jay Clayton for Top Intelligence Role appeared first on BeInCrypto.
Tether Investments said it led a $1.4 billion funding round for Neura Robotics, a German startup developing AI-powered humanoid robots, in what it called one of the largest investments into physical AI on record.
The funding, announced Wednesday, was projected to value Neura between $9 billion and nearly $12 billion when it first became public last November. Other participants in the round included Qualcomm Technologies, Amazon and NVIDIA, Neura said in a post on its website.
Neither Tether nor Neura responded immediately to a CoinDesk request for further information.
“AI is moving from the digital world into the physical world,” David Reger, founder and CEO of Neura Robotics, said in a statement. The company recently said it aims to produce 5 million robots by 2030 with about $1.2 billion orders already.
Tether, the issuer of the USDT stablecoin, is building its own technology right into Neura’s systems. The robots will receive their own independent digital wallets, allowing them to be paid automatically the moment they finish a job. They will also be able to make electronic payments to other machines, cutting out human managers, paperwork and bank delays.
Under CEO Paolo Ardoino, the El Salvador-based company is spending in a range of industries outside of the immediate crypto sector. Its growing portfolio includes investments in agriculture, brain tech and sports. The company made over $10 billion in profit in the first nine months of 2025 by investing rese
Coinbase CEO Brian Armstrong says the exchange won approval to offer true global crypto perpetual futures in the US. He calls the clearance the product of years of quiet regulatory work.
Armstrong laid out the road ahead in a post on X this week. The clearance itself arrived in late May with little fanfare.
Coinbase Perpetual Futures Bring Global Liquidity to US Traders
The Commodity Futures Trading Commission (CFTC) issued a no-action letter on May 29. The relief allows Coinbase to route US customers to perpetual contracts on Deribit, the Dubai-based platform it acquired last year. As a result, Coinbase Financial Markets became the first US-regulated firm to offer this access.
The company confirmed the CFTC clearance covers both perpetuals and options. Until now, US traders had no compliant route to these products. Together, the two categories represent roughly 80% of global crypto trading volume.
The market behind the decision is enormous. Perpetual futures volume reached $61.7 trillion in 2025, up 29% year over year.
Therefore, Armstrong frames the approval as pooled global liquidity arriving through a compliant US channel.
Notably, the regulator moved fast once Coinbase asked. It answered the request within a day and published a 16-page framework. In addition, the agency said perpetual contracts tied to other assets will face a case-by-case review.
“Coinbase got approved to offer true global crypto perps in the US. This took many years of work, and we’re the first to offer this global liquidity to US users.”
Armstrong stated in his post on X.
Armstrong Rejects Claims Coinbase Is Moving Away From Crypto
Some critics argue the company has drifted from its crypto roots. However, the Coinbase co-founder firmly rejected that view. Instead, he said the firm uses crypto to upgrade every traditional financial service. The message extends his earlier plan to update the financial system across eight areas.
Clear Rules Could Bring More Crypto Jobs to the US
The CEO also framed the win as a jobs story. For example, he pointed to Coinbase’s new office in Charlotte, North Carolina, as evidence of a growing US footprint.
According to Armstrong, clear rules make it easier for the industry to build in the United States. That clarity, he argues, can create more American jobs. The stance aligns with Coinbase’s support for the CLARITY Act and its push for faster crypto rules abroad.
Attention now turns to asset selection, since Coinbase has not finalized which perpetual contracts US customers will see first. Meanwhile, rival exchanges may pursue similar relief, which would test how long the first-mover advantage lasts.
The post Coinbase CEO Armstrong Talks About Perpetual Approval: What Comes Next? appeared first on BeInCrypto.
SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent years.
The company sold 555.6 million shares at that price, raising $75 billion, making it the largest IPO ever, easily topping Saudi Aramco’s $30 billion in 2019.
The Elon Musk-led aerospace and satellite company is expected to begin trading on Nasdaq on Friday under the ticker SPCX, giving public investors their first opportunity to buy shares. Based on the offering price, SpaceX will enter the public markets with a fully-diluted valuation of roughly $1.8 trillion.
The valuation is a pricey one, given SpaceX produced roughly $19 billion in revenue last year, driven by launches, government contracts and its rapidly growing Starlink satellite internet business.
Also notable is the company’s sizable bitcoin holdings. SpaceX held 18,712 bitcoin as of March 31. That would be valued at just under $1.2 billion at BTC’s current price around $63,500.
Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether’s futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures.
Crypto analyst Darkfost noted that Ether futures activity has improved despite rising uncertainty driven by geopolitical tensions and weakening economic conditions.
The analyst noted that Binance now holds nearly 3.7 million ETH in open futures contracts, marking a new all-time high for Ether open interest on the exchange.
ETH open interest value on Binance. Source: CryptoQuant
Improving risk appetite for long positions also emerged as Binance’s weekly average taker buy-sell ratio increased to 1.0 from 0.95 after months of seller-led activity. A reading near 1.0 points to a more balanced market after a prolonged period of selling pressure.
The trend extends beyond Binance. Across all exchanges, the taker buy-sell ratio has risen to 1 from 0.94 over the past two weeks, indicating that buyers are becoming more active in market orders than sellers.
Ether: taker buy sell ratio across all exchanges. Source: CryptoQuant
At the same time, the speculative activity is accelerating faster than spot demand. Binance’s perp-spot volume imbalance indicator climbed to roughly 0.90, close to a record high, while its 30-day Z-score reached 2.53.
Perpetual futures volume stood near 5.57 million ETH compared with about 290,000 ETH in spot trading. This indicates leveraged participation is expanding far more quickly than activity in the underlying market.
ETH Perp-Spot volume imbalance indicator. Source: CryptoQuant
Related: Audiera’s AI token BEAT beats Bitcoin, Ethereum as price surges 1,500% in a month
ETH liquidation risk remains on both sides
Market analyst Amr Taha highlighted a growing split in exchange positioning. Binance recorded a 30-day open interest increase of 616,400 ETH, its strongest reading since 2019. During the same period, Gate.io posted a decline of 631,700 ETH.
Multi-exchange open interest 30-day change. Source: CryptoQuant
Liquidation heatmaps show nearly $8 billion in short positions clustered between $2,200 and $2,400. Those levels stand out as key liquidity zones if ETH price begins to push higher.
However, near-term positioning remains heavily leveraged on both sides. Roughly $1.72 billion in cumulative long liquidations sits below the current price of $1,500, while nearly $1.90 billion in short liquidation exposure is concentrated near $1,800.
The narrow gap between those pools highlights a market where both bullish and bearish positions carry significant liquidation risk.
ETH liquidation map. Source: CoinGlass
Related: ETH crash to $1K looms if key support breaks: Will futures traders step in?
Ripple CEO Brad Garlinghouse posted a single word, “True,” in response to Flare co-founder Hugo Philion’s observation that the entire crypto industry is now scrambling to become what XRP was always criticized for being.
Philion’s original comment cut straight to the point: “When XRP and Ripple kind of started out, they were accused of being the banker coin. Now, everyone in the entire industry is desperate to be the banker coin.”
Garlinghouse’s public endorsement, backed by reports of Ripple deploying $4 billion in XRP holdings toward mainstream institutional finance, frames this less as a narrative shift and more as a belated market correction.
An X post summarizes it bluntly: “They mocked the vision. Now they’re copying it.”
Real-world assets, bank-integrated infrastructure, and institutional liquidity rails, which once XRP’s niche, are now the most crowded pitch in crypto.
Discover: The Best Crypto to Diversify Your Portfolio
Garlinghouse, Ripple, and XRP Price
XRP is barely holding above the psychologically critical $1.00 handle, with price consolidating in a tight range that technicals describe as bullish compression. Key support sits in the $1 zone, a prior consolidation band that has absorbed selling pressure through cycles.
Volume remains elevated relative to XRP’s ETF baseline, suggesting sustained interest rather than a dead-cat bounce. Transaction demand data indicates the $1.00 support level carries real on-chain significance, not just chart psychology.
At current levels, the risk/reward favors watching the $1.2 breakout level closely before adding exposure.
The banker coin narrative is now the consensus, which means the rerating from fringe institutional asset to mainstream financial infrastructure is largely priced in. The asymmetric upside that early XRP holders captured, buying into a vision the market hadn’t yet accepted, no longer exists at its current price.
Now, can XRP run back above its all-time high? Only time will tell
Discover: The Best Token Presales
The post Garlinghouse of Ripple Agrees Wall Street Is Copying XRP’s Banker Coin Model appeared first on Cryptonews.
Binance has announced a $250,000 humanitarian contribution to support frontline response efforts against an ongoing Ebola outbreak affecting the Democratic Republic of Congo and Uganda. The exchange said the funds will be divided equally between the Uganda Red Cross Society and Doctors Without Borders, known internationally as Médecins Sans Frontières (MSF).
What the donation will support
The company said the funding is earmarked for activities such as emergency medical care, prevention and public-awareness campaigns, contact tracing and containment work, and provision of sanitation supplies and personal protective equipment for health workers. Binance framed the contribution as a rapid-response intervention to shore up services in high-risk and underserved areas where healthcare access remains limited.
Outbreak context and operational constraints
Health authorities have linked the recent cases to the Bundibugyo Ebola virus, for which there is currently no approved vaccine or targeted antiviral treatment. That profile heightens pressure on local health systems, particularly in eastern DRC where insecurity and limited infrastructure complicate response operations. MSF has reported concern about the speed and geographic spread of the outbreak, including cross-border transmission into Uganda, and has emphasised the need for swift action to prevent escalation.
Operationally, donations that finance protective equipment, sanitation, community outreach and contact tracing can improve immediate containment measures. However, humanitarian responders frequently highlight that resources alone are not a silver bullet: access, security, logistics and sustained funding streams all influence whether short-term grants translate into lower transmission.
Why a crypto firm is stepping in
Binance has been expanding its footprint across African markets through initiatives tied to education, digital skills and financial inclusion. This contribution follows a pattern of technology and crypto companies engaging in corporate social responsibility and emergency aid, often to complement work by established humanitarian organisations.
For Binance, supporting recognised responders such as MSF and national Red Cross societies helps direct funds to organisations with operational experience and logistics networks already in place. The company has also publicly urged other firms active in the region to consider similar support during humanitarian crises.
Industry and reputational implications
Donations by major crypto platforms carry both practical and reputational effects. On the practical side, funds can supply critical items that immediate responders need. From a reputational perspective, contributions to humanitarian causes can bolster a company’s public image and relationships with governments and civil-society actors—important in jurisdictions where crypto regulation and licensing are evolving.
At the same time, observers note potential limits. A $250,000 pledge, while useful for targeted activities, is modest relative to the scale of nationwide outbreak responses and the sustained funding those efforts typically demand. How companies balance short-term aid with longer-term development or health-system strengthening will shape whether their interventions are perceived as substantive or largely symbolic.
What this means for responders and the region
For frontline organisations, rapid injections of cash can enable faster procurement of supplies and quicker expansion of outreach in specific communities. MSF and national Red Cross societies often operate in volatile environments where formal procurement channels and local markets may be disrupted; unrestricted funds or targeted grants for equipment and awareness campaigns can therefore have a direct impact on response speed.
Nonetheless, containment of Ebola outbreaks relies on coordinated multi-agency efforts, steady surveillance and community trust. Financial contributions from private companies are most effective when they align with national and international response plans and when they are delivered through partners with local operational capacity.
Looking ahead
Binance’s contribution highlights a growing trend of crypto-sector actors participating in humanitarian financing, particularly in regions where they have commercial or strategic interest. For policy makers and aid organisations, the emergence of new private donors offers additional resources but also underscores the need for transparent coordination, accountability and sustained engagement to ensure that funds strengthen resilience rather than only addressing immediate gaps.
As the outbreak evolves, the priority for health agencies and their partners will remain rapid detection, treatment where possible, and measures to break chains of transmission. Private donations can support those goals, but they are one element within a broader, resource-intensive public-health response.
SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter.
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said.
The allocation is below earlier expectations that roughly 30% of the deal would be reserved for retail investors.
The allocation decisions are almost finalized and could still change, the person said.
SpaceX is set to begin trading Friday, in what is poised to become one of the largest public offerings in history. The company is expected to be valued at about $1.8 trillion.
The reduced allocation suggests institutional demand for the shares has been strong as investors compete for access to the hottest IPO in recent years. Even with a smaller allocation, the retail tranche would still rank among the largest ever for a U.S. IPO of this size.
Cardano’s native token has collapsed by almost 80% over the past year, while its founder, Charles Hoskinson, said he’s “taking a break” and warned about an upcoming “wave of failures” in the ecosystem.
Despite the grim reality, certain analysts remain optimistic that a price revival could be on the way, while some key indicators support the bullish scenario.
Recovery in the Coming Weeks?
Earlier this month, ADA briefly crashed below $0.15, its lowest level since the end of 2020. As of this writing, it is worth around $0.16 (per CoinGecko’s data), which remains quite close to the local bottom.
And while many industry participants have lost faith in the token and expect additional losses, X user Sssebi presented an optimistic scenario. They believe Cardano’s ADA will not remain in its current range for long and predict a surge above $0.20 within a month.
The analyst based their theory on the asset having reached its most oversold level (on the weekly chart) in its entire history. Data show that the Relative Strength Index (RSI) recently dropped to 12 and now stands at around 25, which is still considered a bullish territory. On the other hand, ratios above 70 signal that ADA has become overbought and could be gearing up for a correction.
Another popular X user who hasn’t panicked amid the bloodbath is Crypto with Haris ₿. They claimed ADA’s meltdown doesn’t look like the end but like an opportunity, reminding that similar collapses have occurred in the past.
“Back in 2023, ADA went from around $0.22 to $1.30 in just a few months. Maybe history repeats itself. Maybe it doesn’t. But if the next bull run comes, I wouldn’t be surprised to see Cardano make another crazy move,” they said.
The Crazy Rumor
Cardano’s founder, Charles Hoskinson, has drawn significant attention lately following several controversial statements. At the start of June, he raised concerns within the community by announcing a temporary break and warning that the broader ecosystem could experience a “wave of failures” due to project closures and financial difficulties.
Shortly after, Hoskinson opined that Cardano is “the only ecosystem that can run the world,” while more recently, some X users have suggested he might have sold approximately 1.5 billion ADA during the 2021 bull run. He hasn’t responded to the accusations, but the speculation could further shake investors’ confidence and lead to an additional price drop for the asset.
The post Can Cardano (ADA) Rally by Double Digits After Falling to a 5.5-Year Low? appeared first on CryptoPotato.
Japan just rewrote the rules. XRP price is battling below resistance at $1.10, but it’s prediction is getting bullish as Japan’s parliament passes landmark legislation reclassifying crypto as a financial instrument. It’s a structural shift that could unlock institutional demand for XRP specifically.
Japan’s House of Representatives passed a bill moving crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act (FIEA), the same framework governing stocks and bonds. The Financial Services Agency confirmed Japan now holds more than 14 million open crypto accounts, with 70% held by earners under ¥7 million ($43,600) annually.
Probably Nothing.. —
Japan is moving to reclassify major crypto assets, including $XRP, under the FIEA 
Today, the June 11th lower house approval marks a pivotal shift — positioning XRP as a regulated financial asset and opening the door to deeper institutional integration 
https://t.co/bt7eShlk7R pic.twitter.com/WDe5wOG0s2
ChartNerd 
(@ChartNerdTA) June 11, 2026
The new framework introduces insider-trading bans mirroring stock markets, mandatory disclosure rules for projects, and, critically, opens the door to crypto ETFs. The rules will take effect in 2027, but XRP, already embedded in Japanese banking infrastructure through SBI-linked pilots, is structurally positioned to benefit before most other tokens.
Discover: The Best Crypto to Diversify Your Portfolio
XRP Price Prediction: Will the Coin Run Before Japan’s FIEA Rules Take Effect?
XRP is consolidating near $1.1, having pulled back from the $1.50 resistance zone that capped Q1 price action. There is a potential rebound toward $2.00 from current levels, with heavier resistance stacked near $2.40. Volume has been compressing in a coil that could spring fast.
Our technical support analysis places the critical floor between the current level and $1. A close below that zone would invalidate the near-term bullish case. Above it, the structure remains intact.
With the Japan crypto developements, we could see $1.5 to $2.50 as realistic upside under a constructive macro backdrop. A flat 20% capital-gains rate for qualified Japanese investors would make XRP structurally more attractive to institutions sitting on the sidelines.
Separate research on XRP price suppression dynamics suggests regulatory clarity alone rarely produces immediate price explosions, and the move tends to come when capital pipelines actually open.
Discover: The Best Token Presales
LiquidChain Targets Early-Mover Upside as XRP Tests Key Levels
XRP’s Japan catalyst is real, but at the current entry with major resistance stacking, the risk-reward isn’t asymmetric in the way early positioning offers. Traders hunting higher-multiple exposure are scanning earlier on the curve. That search lands on infrastructure plays priced before institutional discovery.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project with a specific thesis: the cross-chain liquidity problem like fragmented BTC, ETH, and SOL ecosystems unable to communicate efficiently. It remains crypto’s most persistent structural failure.
The secrets of The Order are within. — LiquidChain (@getliquidchain) June 11, 2026
Are you ready to find out what they are? 
⟁https://t.co/vqvBcdSQYC pic.twitter.com/cKT8nEK5R2
LiquidChain’s Unified Liquidity Layer fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment, with Single-Step Execution and Verifiable Settlement as the core technical differentiators. Developers deploy once and access all three ecosystems.
The presale is live at $0.01468 per $LIQUID, with $835K raised to date. Features include a Deploy-Once Architecture that eliminates the redundant multi-chain deployment overhead that currently fragments developer attention and capital.
Research LiquidChain before the next price stage.
The post XRP Price Prediction: Japan Regulates Crypto like Stocks, XRP to Benefit First appeared first on Cryptonews.
Trump Picks Former Ripple (XRP) Foe Jay Clayton for Top Intelligence Role
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