News

Anthropic voids PreStocks tokens in share warning
May 13, 2026 6:30 pm
Anthropic and OpenAI have declared PreStocks tokens backed by their shares worthless, sending the Solana products down up to 39%. Anthropic and OpenAI have both issued warnings declaring that Solana-based PreStocks tokens claiming to offer exposure to their private shares…
KDDI Coincheck deal expands Japan crypto access
May 13, 2026 6:22 pm
Japan telecom KDDI has agreed to buy a 14.9% stake in KDDI Coincheck Group for $65 million. KDDI Corporation (TYO: 9433), Japan’s second-largest telecom company with over 72 million mobile subscribers, has announced an agreement to acquire a 14.9% stake…
Ledger IPO plans shelved over market conditions
May 13, 2026 6:09 pm
Ledger has put its Ledger IPO plans on hold, citing difficult market conditions and weak investor appetite for crypto listings. Ledger, the French crypto hardware wallet maker, has paused its plans for a US initial public offering, according to two…
CZ says he prefers AI “shovels” over AI itself as infrastructure race intensifies
May 13, 2026 5:30 pm
Binance founder Zhao Changpeng (CZ) said he prefers investing in the underlying infrastructure powering artificial intelligence rather than AI applications themselves, framing the current boom as an “infrastructure-first” investment cycle. Speaking during a Binance online livestream, CZ described his preferred…
Bitcoin ETF IBIT outpaces gold GLD by 33 points as $13B capital rotation accelerates
May 13, 2026 4:30 pm
Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. According to Balchunas,…
ECB signals June policy showdown as markets weigh rate hike vs hold scenario
May 13, 2026 3:30 pm
A member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are raised or left unchanged, underscoring growing uncertainty over the next phase of eurozone monetary policy. According to Kocher,…
Hyperliquid price forms bearish double top, will it crash back to $35?
May 13, 2026 2:30 pm
Hyperliquid price extended its decline on Tuesday after failing to hold above a key resistance zone, raising concerns that a bearish double top pattern may now be forming on the daily chart. According to data from crypto.news, Hyperliquid (HYPE) price…
Trump arrives in Beijing: crypto reaction and Polymarket odds shift?
May 13, 2026 2:13 pm
U.S. President Donald Trump arrived in Beijing on May 13 for a formal state visit at the invitation of Chinese President Xi Jinping. The visit marks a renewed high-level diplomatic engagement between the world’s two largest economies amid ongoing strategic…
How to trade crypto using AI trading bots in 2026: 5 leading platforms reviewed
May 13, 2026 2:00 pm
AI crypto trading bots expand in 2026 as traders prioritize automation, safety, and execution quality. Crypto trading has become increasingly automated over the past two years. As Bitcoin, Ethereum, and major altcoins continue reacting faster to macro events, ETF developments,…
Rate-cut expectations fade as strong PPI data signals persistent inflation pressure
May 13, 2026 1:54 pm
A stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this year after April’s Producer Price Index (PPI) came in at 1.4%. A stronger-than-expected U.S. inflation print has complicated…