Crypto Industry News & Market Trends

Analyst issues new Intel (INTC) stock price target

Finance　　Analyst issues new Intel (INTC) stock price target　　Intels (NASDAQ: INTC) remarkable stock market performance that took the equity 459.95% higher from $22.56 one year ago to $126.33 at press time on May 13 appears to have done little to turn some prominent analysts bullish.　　Intel stock price one-year chart. Source: Finbold　　Specifically, on May 12, INTC shares received two significant price target upgrades, albeit with both being associated with ‘Hold’ – ‘Neutral’ – ratings.　　Arguably the more alarming of these was provided by Deutsche Banks Ross Seymore who left his previous 12-month forecast of $63 aside but still predicted Intel stock will contract 20.84% to $100.　　Still, the analyst noted that reports of the American semiconductor giants foundry business gaining traction with customers were a positive development, backing the decision to increase the price target by 58.73%.　　Simultaneously, Mizuho expert Vijay Rakesh confirmed he regards Intel stock as a ‘Hold,’ but instead of his previous forecast of $100 – one that would see INTC shares drop 20.84% – he estimated a 1.84% decline to $124 will take place in the next 12 months.　　Wall Street sets Intels stock price target for the next 12 months　　Notably, despite the blue-chip chipmakers remarkable rise that followed a business turnaround

05-13Industry

Ethereum’s New Clear Signing Standard Aims to Stop Crypto Theft Before It Happens

Crypto Ethereum　　Ethereums New Clear Signing Standard Aims to Stop Crypto Theft Before It HappensThe Ethereum Foundation, alongside prominent wallet providers, has introduced “Clear Signing,” a security framework designed to transform crypto transactions into easily understandable, human-readable formats.The initiative eliminates cryptic code displays by providing clear descriptions of asset movements, recipient details, and permission requests.Built upon ERC-7730, the framework features a publicly accessible registry enabling independent security experts to validate transaction descriptions.Early implementation partners include Ledger, Trezor, and MetaMask, with Trezor targeting deployment by June 30.This development addresses security vulnerabilities that have resulted in billions of dollars lost through blind signing exploits, such as the $1.4 billion Bybit breach.　　Every time cryptocurrency holders authorize a transaction, they‘re frequently confronted with indecipherable strings of code. Despite not understanding what they’re approving, most users proceed anyway. This disconnect between comprehension and confirmation has drained billions from the cryptocurrency sector.　　0/ Clear signing is now live.　　An open standard to end blind signing, making human-readable transactions default.　　This effort brings a major UX and Security upgrade to transaction signing on Ethereum. pic.twitter.com/nIGRCBQh6G　　— Ethereum Foundation (@ethereumfndn) May 12, 2026　　The Ethereum Foundation has stepped forward with a solution.　　On May 12, 2026, the organization partnered with leading wallet development teams to

05-13Industry

Schwab Crypto goes live as retail clients get BTC, ETH access

Charles Schwab has started rolling out Schwab Crypto to select retail clients, giving eligible users direct access to spot Bitcoin and Ether trading. Schwab Crypto lets eligible retail clients trade Bitcoin and Ethereum beside traditional investment products.Charles Schwab Premier Bank will custody assets, while Paxos handles execution and sub-custody services.The launch adds fee pressure as Morgan Stanley expands ETrade crypto trading at lower costs.　　In a Tuesday post on X, the firm said the service lets clients trade crypto beside other investment products across Schwab platforms.　　The rollout follows Schwabs April plan to launch the product in phases. The company said Schwab Crypto would offer direct Bitcoin and Ethereum trading, education, research and support. Jonathan Craig, head of retail investing, said clients want to conduct “more of their financial lives at Schwab.”　　Bitcoin and Ethereum trading starts with limits　　At launch, Schwab Crypto supports Bitcoin (BTC) and Ethereum (ETH). Schwab said the two assets account for about three-quarters of total crypto market capitalization. Clients can view and trade crypto beside traditional investments through Schwab.com, Schwab Mobile and thinkorswim.　　The product charges 75 basis points on the dollar value of each trade. Schwab also said the account is separate from a brokerage account, though it is

05-13Industry

XRP ledger just hit an all-time high

Finance　　XRP ledger just hit an all-time high　　The XRP Ledger has reached a major milestone, with accumulation among large holders continuing to strengthen despite ongoing market volatility.　　Specifically, the number of wallets holding at least 10,000 XRP has climbed to an all-time high of 332,230, extending a steady growth trend that has been building since June 2024, according to on-chain data shared by on May 13.　　The insights indicate there was a temporary interruption in the trend between February 6 and February 8, when more than 4,500 wallets holding over 10,000 XRP disappeared from the network.　　While there was no confirmed XRP-specific event tied to the decline, the drop coincided with a broader cryptocurrency market crash and widespread liquidations across digital assets.　　However, the XRP Ledger has since fully recovered from that decline, with the number of whale wallets surpassing previous levels and continuing to trend upward into May 2026.　　The continued rise in large wallets suggests major investors have been accumulating XRP despite the token trading below previous highs for much of 2026.　　Historically, growing whale holdings are viewed as a bullish long-term signal, reflecting stronger investor conviction and potentially reducing available supply on the market, which can support future price gains if demand increases.　　Despite the

05-13Industry

Ethereum Price Today: ETH at $2,304 After Worst Week Since April – CPI Just Changed the Math

Ethereum　　Ethereum Price Today: ETH at $2,304 After Worst Week Since April – CPI Just Changed the Math　　Ethereum is trading near $2,304 on May 13, 2026, heading into the weekly close down 3% on the week. The CoinMarketCap chart shows a clean, one-directional week: opened at $2,370.5, hit $2,425 in the first hours, then sold off every single day through to a low near $2,250 on May 12 and 13 before a weak recovery to current levels.　　No bounce worth mentioning. No session where buyers took control for more than a few hours. Just a slow, consistent bleed that accelerated when CPI landed.　　What Happened This Week　　Monday opened strong. ETH pushed toward $2,425 in the first few hours of the week and looked like it was setting up for an attempt at the $2,367 resistance cluster where the 50-day and 200-day MAs have converged.　　That attempt never materialized. By Tuesday, ETH was already back below $2,350. By Wednesday it was below $2,320. The CPI print on Tuesday morning added fuel to the existing selling pressure. April inflation came in at 3.8% year over year, the highest since May 2023, against a consensus of 3.7%. Bond yields rose, the dollar strengthened, and crypto sold off

05-13Industry

China sends mixed signals on US sanctions ahead of Trump-Xi meeting

Tech　　China sends mixed signals on US sanctions ahead of Trump-Xi meeting　　China just deployed its Anti-Sanctions Law for the first time against the United States. The target: five Chinese refiners hit with US penalties for allegedly buying Iranian crude oil. The message from Beijings Ministry of Commerce was unambiguous. Ignore the American sanctions.　　Then, almost immediately, Chinese banks received a different kind of signal. Pause new loans to those same refiners. If you‘re confused by the contradiction, you’re paying attention.　　The legal chess match　　On April 24, the US Treasury sanctioned five Chinese refiners, including Hengli Petrochemical, under executive orders designed to choke off Irans oil revenue. The accusation: these companies had been purchasing Iranian crude in violation of American sanctions.　　Eight days later, on May 2, China‘s Ministry of Commerce (MOFCOM) fired back with Announcement No. 21. It invoked the country’s Anti-Sanctions Law, a statute passed in 2021 but never actually used against US measures until now. The directive told Chinese entities to disregard the American penalties entirely.　　The law creates a legal framework allowing the affected refiners to sue foreign parties that comply with US penalties in Chinese courts. Any global company that cuts ties with these refiners to satisfy Washington could find itself

05-13Industry

JPMorgan files new tokenized Treasury backed fund on Ethereum

Ethereum　　JPMorgan files new tokenized Treasury backed fund on Ethereum　　JPMorgan Asset Management filed to launch a second tokenized money market fund on Ethereum, deepening the banks push into blockchain based liquidity products for institutional investors.　　The fund, called the JPMorgan OnChain Liquidity Token Money Market Fund, would trade under the ticker JLTXX. The filing says the fund seeks current income while maintaining liquidity and stability of principal. It is listed under JPMorgan Trust IVs J.P. Morgan Money Market Funds prospectus, with Token Class shares dated May 13.　　JLTXX would invest exclusively in US Treasury bills, bonds and notes, as well as overnight repurchase agreements fully collateralized by US Treasuries or cash. The fund aims to maintain a $1 net asset value and only invest in US dollar denominated securities.　　The fund will use blockchain technology to let investors submit transaction requests for fund shares. Kinexys Digital Assets, a business unit within JPMorgan Chase Bank, will design, deploy and maintain the blockchain infrastructure used by the fund.　　The product does not replace traditional fund recordkeeping. The transfer agent will maintain the official ownership record in book entry form, while token balances tied to investor blockchain addresses are intended to match fund shares one for one. If

05-13Ethereum

Stables Taps T-0 Network as Asia’s 60% Stablecoin Payment Share Tests USDT Rails

Tech　　Stables Taps T-0 Network as Asias 60% Stablecoin Payment Share Tests USDT Rails　　Stables, a infrastructure platform, announced a strategic partnership with t-0 Network to enhance settlement capabilities for its corridors across Asia. The collaboration establishes T-0 Network as a dedicated settlement partner, providing the necessary for Stables to process high- transactions across multiple jurisdictions and currency pairs.　　By integrating T-0 Networks specialized settlement layer, Stables aims to eliminate “ ceilings” that can hinder developers scaling digital asset movements.　　“Every corridor we open needs deep, reliable behind it,” said Bernardo Bilotta, CEO and co-founder of Stables. “t-0 Network gives us a strong settlement partner in Asia, and it means our developers can scale with confidence knowing the infrastructure can keep up with their growth.”　　The move targets a significant infrastructure gap in the Asian market. While the region accounts for roughly 60% of global payment flows, the landscape remains fragmented. More than 150 currencies require connectivity, yet few local banks are willing to interface with .　　Addressing whether this gap is an intentional moat created by regulators to protect legacy systems, Bilotta noted that current hurdles, such as dual-licensing and high capital requirements, often stem from applying 20th-century frameworks to 21st-century technology.　　“Regulators weren‘t designing a

05-13Industry

GitHub Copilot Plans Overhauled: New Max Tier Launches

Starting June 1, 2026, GitHub will introduce significant changes to its Copilot individual plans, transitioning to usage-based billing and adding a new high-tier option called the Max plan. These updates aim to address user concerns about included usage limits amid increasing demand for advanced AI features.　　The revamped Copilot offerings will include four tiers: Free, Pro, Pro+, and the newly unveiled Max. While the Free plan remains limited to basic code completions and fewer monthly credits, the paid tiers are getting expanded usage through “flex allotments.” This variable component supplements fixed base credits, allowing users to handle more demanding workloads.　　Pricing and Benefits　　Heres how the paid plans stack up as of June 1:PlanMonthly PriceBase CreditsFlex AllotmentTotal UsagePro$10$10$5$15Pro+$39$39$31$70Max$100$100$100$200　　The new Max plan targets developers handling sustained, high-volume AI workloads. With $200 in combined monthly usage credits, it effectively doubles the capacity of Pro+.　　How It Works　　Base credits are used first, with flex allotments automatically kicking in as needed. Credits apply uniformly across all environments, including GitHub.com, IDEs, and the CLI. For users who exhaust their included usage, additional credits can be purchased to keep projects moving. Notably, code completions and next-edit suggestions remain unlimited on paid plans and do not consume credits.　　Why Flex Matters　　The flex

05-13Industry

Kalshi gets CFTC support in Ohio sports market appeal

The Commodity Futures Trading Commission has backed Kalshi in its appeal against Ohio regulators, asking the U.S. Court of Appeals for the Sixth Circuit to affirm federal oversight of prediction markets. CFTC says Ohio went too far by treating Kalshis federally regulated event contracts as sports gambling.The Ohio appeal adds to wider state battles over Kalshi, Polymarket, Crypto.com, Coinbase, and Robinhood.Trump-appointed CFTC Chair Michael Selig says the agency will defend its authority over prediction markets.　　The agency filed an amicus brief in KalshiEx LLC v. Matthew T. Schuler, et al., on May 12. The case centers on whether Ohio can treat Kalshis sports event contracts as unlicensed sports gambling.　　State authorities had told the company to stop offering those markets in Ohio. Kalshi sued, but a federal district court denied its request for protection in March. The company then appealed.　　Selig says Ohio read CFTC power too narrowly　　CFTC Chairman Michael S. Selig said the Ohio court took an “improperly narrow view” of the agencys authority. He also said the CFTC would not allow “overzealous state governments” to weaken its role over these markets.　　Selig was sworn in as the 16th CFTC chairman on Dec. 22, 2025, after President Donald Trump nominated him and the

05-13Industry

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