Crypto Industry News & Market Trends

XRP Price Prediction Strengthens After Ripple, JPMorgan, Mastercard Settle First Cross Border Tokenized Treasury on XRP Ledger: Pepeto Holds the Bigger Multiple

The XRP price prediction picked up serious momentum after Ripple, JPMorgan, Mastercard, and Ondo Finance completed the first cross border, cross bank redemption of a tokenized US Treasury fund on the XRP Ledger, as reported by CoinDesk. The pilot settled in under five seconds outside normal banking windows, plugging a public blockchain into JPMorgans $3 trillion Kinexys settlement platform.　　This is the kind of plumbing that turns XRP from a payments narrative into live institutional infrastructure, with JPMorgan delivering US dollars to Ripples Singapore bank in the same flow that cleared the asset side on XRPL.　　XRP trades at $1.38 today after a 2.34% pullback. While XRP price watchers track whether $1.45 breaks first, Pepeto is drawing capital from wallets that know presale entries reprice the moment a Binance listing arrives. With $9.86 million already raised at $0.0000001869, the math is too clean to ignore.　　XRP Price Prediction Gets a Major Boost as Tokenized Treasury Settlement Lands Live on XRPL　　The Ondo OUSG redemption used the XRP Ledger as the asset rail, with Mastercards MTN routing instructions and JPMorgan delivering dollars across borders. The pilot is the first time a public blockchain and global banking infrastructure handled a cross border tokenized fund redemption as

05-10Industry

Solana Price Nears Key Resistance—Can SOL Rally to $100 This Weekend?

The post Solana Price Nears Key Resistance—Can SOL Rally to $100 This Weekend？ appeared first on Coinpedia Fintech News　　As the Bitcoin price stabilizes around the $80,000 range, bullish momentum appears to be gradually returning to the crypto markets. Among the top-performing altcoins, Solana is showing notable strength after the SOL price surged above $90 and climbed as high as $93 over the past few hours.　　The rally has pushed SOL close to a crucial resistance zone, while technical indicators continue to flash bullish signals. Analysts now believe a breakout above the local resistance near $95 could open the doors for a fresh rally toward the long-awaited $100 milestone this weekend.　　Solana Price Analysis: Can Bulls Sustain the Momentum？　　The Solana price is approaching a crucial resistance zone after reclaiming the $90 range with rising bullish momentum. As market sentiment improves, traders are now watching whether SOL can break above the local resistance near $95 and trigger a fresh rally toward the psychological $100 milestone this weekend.　　The daily chart shows SOL rebounding strongly from the key support zone near $76 while forming higher lows, indicating growing bullish strength. The price is now testing the upper resistance range near $95, which has capped previous recovery

05-10Industry

Ondo Price Prediction: JPMorgan and Mastercard Just Settled a Treasury on the XRP Ledger in Under 5 Seconds

Ondo, JPMorgan, Mastercard, and Ripple settled a tokenized Treasury on the XRP Ledger in under five seconds, outside banking hoursONDO spiked to $0.488 before pulling back, blowing through all four EMAs in a single daily candle for the first time since October 2025Daily active addresses hit 3,200 on May 8, the highest in 30 days, as real network activity confirmed the move　　Ondo trades at $0.417 on May 9, down from a $0.488 intraday high, after JPMorgan, Mastercard, and Ripple settled a tokenized US Treasury on the XRP Ledger in under five seconds and broke every bearish EMA structure on the daily chart in one candle.　　Ondo Daily Chart: Six Months of Downtrend Erased in One Session　　ONDO spent six months grinding from $1.05 in October 2025 down to a base near $0.20 in February, with every EMA stacked bearishly above price. Yesterdays spike changed that entirely. Price cut through the 20 EMA at $0.313, the 50 EMA at $0.287, the 100 EMA at $0.305, and the 200 EMA at $0.403 in a single session, closing above all four for the first time since the downtrend started.　　The Bollinger upper band at $0.402 was also breached, a volatility expansion signal that typically follows prolonged

05-10Industry

US imposes sanctions on 14 individuals and entities aiding Irans weapons sector

OFAC designated 8 individuals, 4 companies, and 2 aircraft in this latest action. The targets are spread across Iran, Turkey, and the United Arab Emirates.　　Among the most notable names: Pishgam Electronic Safeh Company and its CEO, Hamid Reza Janghorbani. The company is accused of playing a role in Irans procurement networks for missile and drone technology.　　Actors associated with Mahan Air, Iran‘s privately owned airline that has been on Washington’s radar for years over allegations of ferrying weapons and military personnel, were also caught in the net. The designations fall under Executive Order 13382, which targets proliferation networks, and Executive Order 13224, which focuses on terrorism financing.　　The practical effect is straightforward: all US-held property belonging to these entities is now frozen. Any American individual or company doing business with them faces severe legal consequences. And because of the way secondary sanctions work, non-US companies that transact with these targets risk being cut off from the American financial system too.　　The ‘Economic Fury’ campaign in context　　This round of sanctions sits within a broader initiative Washington has branded “Economic Fury.” The campaign kicked off after the UN reimposed sanctions on Iran on September 27, 2025, citing violations of Tehrans nuclear program commitments.　　Since then, the

05-10Industry

ByteDance raises 2026 capex by 25% to $30B for AI investment

Tech　　ByteDance raises 2026 capex by 25% to $30B for AI investment　　ByteDance is boosting its 2026 artificial intelligence budget to ¥200 billion, roughly $30 billion. Thats a 25% jump from its previous spending plans, and it puts the TikTok parent company squarely in the ring with the biggest AI spenders on the planet.　　The increased allocation is aimed at AI models and chips, the two ingredients that matter most in the current race to build dominant AI infrastructure.　　The global AI capex arms race　　Meta has projected spending between $115 billion and $135 billion on capex in 2026. Oracle has earmarked $35 billion. ByteDance‘s $30 billion sits below those headline figures, but context matters. China’s AI ecosystem operates with different cost structures, different chip supply chains, and different regulatory frameworks.　　Chips, geopolitics, and the Huawei factor　　A significant portion of ByteDance‘s expanded budget will flow toward AI chips. With US export controls restricting access to Nvidia’s most advanced processors for Chinese companies, ByteDance and its peers have been increasingly reliant on domestic alternatives. Demand for Huawei‘s Ascend 950 AI chips has reportedly surged following the launch of DeepSeek’s V4 model, which demonstrated that competitive AI performance is achievable on non-Nvidia hardware.　　China has mandated that ByteDance and

05-09Industry

Sydney Huang Warns AI Bot Collusion Could Spread Before Regulators Respond

Tech　　Sydney Huang Warns AI Bot Collusion Could Spread Before Regulators Respond　　According to an April 2026 International Monetary Fund (IMF) report, the world is rapidly exiting the era of “click-to-pay” and entering the age of “decide-to-pay.” But as humans step out of the loop, an important question emerges: Can our financial guardrails survive a machine-speed economy？　　The IMF report notes that agentic artificial intelligence (AI) is set to radically increase the velocity of money. By removing human “friction,” capital will circulate through the global economy at unprecedented speeds. Sydney Huang, CEO of Human API, suggests that we could see a 10-fold increase in the velocity of money. While this sounds like a productivity miracle, it presents a nightmare for central banks. Traditional monetary policy is built on “lag.” When a central bank raises interest rates, it takes months for that decision to filter through human institutions. In an AI-to-AI economy, that lag disappears.　　“A 10-fold increase in the velocity of money driven by AI-to-AI commerce would require regulators to adopt tools that operate at machine speed,” Huang warns. Without these capabilities, a machine-speed inflation spike or a global flash crash could occur before a human regulator even receives a dashboard alert.　　To prevent cascading

05-09Industry

BlackRock CEO Larry Fink dismisses AI bubble concerns, urges faster investment

Tech　　BlackRock CEO Larry Fink dismisses AI bubble concerns, urges faster investment　　Larry Fink, the CEO of BlackRock, wants you to know that AI is not in a bubble. And hed really appreciate it if everyone would start spending money faster.　　Speaking at the 2026 World Economic Forum in Davos on January 22, Fink made a sweeping case for accelerating AI infrastructure investment globally. His core argument: the world isnt moving fast enough, the capital expenditure required is enormous, and the economic payoff from building it out will ripple across the entire global economy.　　“I sincerely believe there is no bubble in the AI space. Hundreds of billions of dollars is needed to build this out. The capex is going to drive more global growth.”　　The case for hundreds of billions　　AI requires physical infrastructure: data centers, chips, power grids, cooling systems. Major tech companies like AWS, Google, and Microsoft are expected to spend $200 billion or more on data centers alone in 2026. BlackRocks own Q1 2026 earnings confirmed that the firm views AI infrastructure as a $1 trillion-plus opportunity over the next five years.　　Fink specifically argued that AI benefits must “spread beyond the biggest firms” to avoid a scenario where a handful of hyperscalers

05-09Industry

Pentagon publishes 162 UAP files including Apollo photos

The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audioThe Department of War posted 162 UAP files on May 8 at war.gov/ufo, covering sightings from 1942 to 2025, with 108 of the files containing some redactions.The most notable documents include NASA transcripts and photographs from the Apollo 12 and 17 moon missions, with three unexplained lights visible above the lunar surface in the Apollo 17 image.Defense Secretary Pete Hegseth confirmed more files will follow in rolling tranches, with the Pentagon opening a formal investigation into the Apollo 17 photograph.　　The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio. The files were posted at war.gov/ufo under the Presidential Unsealing and Reporting System for UAP Encounters, or PURSUE, carrying out a directive from President Trump to declassify government records on unidentified anomalous phenomena.　　Defense Secretary Pete Hegseth said in a statement: “These files, hidden behind classifications, have long fueled justified speculation — and its time the American people see it for themselves.” The release includes documents from the FBI, State Department, NASA, and the Department of Defense, spanning incidents from 1942 through 2025.　　What the files contain　　The highest-profile

05-09Industry

ByteDance raises 2026 capex by 25% to $30B for AI investment

Tech　　ByteDance raises 2026 capex by 25% to $30B for AI investment　　ByteDance is boosting its 2026 artificial intelligence budget to ¥200 billion, roughly $30 billion. Thats a 25% jump from its previous spending plans, and it puts the TikTok parent company squarely in the ring with the biggest AI spenders on the planet.　　The increased allocation is aimed at AI models and chips, the two ingredients that matter most in the current race to build dominant AI infrastructure.　　The global AI capex arms race　　Meta has projected spending between $115 billion and $135 billion on capex in 2026. Oracle has earmarked $35 billion. ByteDance‘s $30 billion sits below those headline figures, but context matters. China’s AI ecosystem operates with different cost structures, different chip supply chains, and different regulatory frameworks.　　Chips, geopolitics, and the Huawei factor　　A significant portion of ByteDance‘s expanded budget will flow toward AI chips. With US export controls restricting access to Nvidia’s most advanced processors for Chinese companies, ByteDance and its peers have been increasingly reliant on domestic alternatives. Demand for Huawei‘s Ascend 950 AI chips has reportedly surged following the launch of DeepSeek’s V4 model, which demonstrated that competitive AI performance is achievable on non-Nvidia hardware.　　China has mandated that ByteDance and

05-09Industry

Ethereum Price Prediction: Bulls Face $2.4K Wall as $4.9K Setup Builds

Ethereum　　Ethereum Price Prediction: Bulls Face $2.4K Wall as $4.9K Setup Builds　　Ethereum is still stuck below the $2,400 area, but higher time frame charts show a wider bullish setup forming. ETH now needs to clear moving average resistance before the $4,900 target comes back into focus.　　Ethereum Struggles Below $2.4K as ETH Range Stays in Play　　Ethereum remained below the $2,400 area on the weekly chart as price struggled to break above a major moving average zone, according to a TradingView chart shared by Daan Crypto Trades on X.　　The chart shows ETH trading inside a wider range between about $2,100 and $2,800. Price has recovered from its earlier low near the $1,750 area, but it has not cleared the upper moving average resistance.　　ETH Weekly 200MA and 200EMA Range. Source:　　The weekly 200MA and weekly 200EMA sit above the current ETH price zone. These moving averages remain important because they often act as resistance when price trades below them.　　However, ETH still holds above the lower part of the marked range. The $2,100 to $2,166 area acts as near term support, while the $2,815 to $2,851 area marks the upper resistance zone.　　For now, Ethereum remains range bound. A move above the $2,400 area would put the

05-09Industry