Crypto Industry News & Market Trends

XRP Ledger Growth Signals Shift to Real-World Utility

The XRP Ledger (XRPL) is quietly marking milestones that point to something deeper than short-term market noise, steady, organic network growth building under the surface.　　Data from CryptoQuant shows have reached a new all-time high, rising from 8,198,608 on April 5 to 8,265,794 on May 4. Thats 67,186 new addresses added in just 30 days, a 0.82% monthly increase. While the percentage may seem modest, for a large and established blockchain, it reflects consistent user growth rather than short-lived speculative activity.　　Source: CryptoQuant　　This new all-time high in total addresses signals a network that is not just weathering market cycles but steadily expanding its reach.　　More importantly, it points to adoption driven by real usage rather than speculation. Rising active and new addresses suggest increasing engagement across payments, token transfers, application activity, and infrastructure use, clear signs of a growing, utility-focused ecosystem.　　What makes this even more notable is that its unfolding alongside a sharp spike in on-chain activity. XRP Ledger transfer volumes recently , while tokenized U.S. Treasuries on the network have grown 8x.　　Therefore, this points not just to rising adoption, but to users actively doing more on-chain, signaling deeper, more meaningful engagement across the ecosystem.　　XRP Ledgers Shift to Utility: Rising Adoption, RLUSD Growth,

05-05Industry

Elastics raises $2M pre-seed to build AI OS for prediction markets

AI prediction-market operating system Elastics has closed a $2 million pre-seed round led by Paris-based VC Frst, with participation from angels affiliated with ElevenLabs, XBTO, RedStone, and a16z.The Warsaw-based startup is building an “AI-native operating system for prediction markets” that lets users “trade with words,” while autonomous agents handle research, execution, and risk management across venues.Funding will be used to hire AI and quantitative talent in Poland and to expand integrations with major prediction markets such as Polymarket, Kalshi, and Limitless.　　Elastics, which describes itself as an “AI predictive market operating system,” announced it has raised $2 million in an oversubscribed pre-seed round led by early-stage investor Frst.　　Frst leads oversubscribed round into Elastics　　According to details shared by Menlo Times and startup databases, the round includes participation from angels and operators across the AI and crypto ecosystem, including co-founders of voice-AI firm ElevenLabs, partners from crypto trading group XBTO, a co-founder of oracle project RedStone, and an a16z scout.　　Elastics is headquartered in Warsaw and led by co-founders Szymon Pawica and Mateusz Brodowicz, who are positioning the company at the intersection of quant trading, large language models, and on-chain prediction infrastructure.　　In its pre-seed announcement, the team said it intends to “democratize quantitative trading

05-05Industry

Berkshire Cash Hits $397B: Greg Abel vs. S&P 500 Gains

Berkshire Hathaway has entered Greg Abel‘s leadership era with a record cash position and a debate over returns. The company’s cash, cash equivalents, and short-term Treasury holdings reached $397 billion, according to market commentary tracking its latest quarterly balance sheet.　　The build-up comes as Berkshire sold a net $8.1 billion of stocks last quarter, marking its 14th straight quarter as a net seller. That stance places Abel‘s early decisions against a rising S&P 500, where investors compare Berkshire’s cash pile with broader equity gains.　　Berkshire Record Cash Tests Strategy　　Berkshires cash balance has one of the largest financial cushions in global markets. The company has long kept large reserves for insurance needs, acquisitions, and market stress, yet the latest level raises new questions after Warren Buffett stepped down.　　Berkshires cash balance | Source: X　　Market accounts noted that Berkshire held about $100 billion in cash in 2018, far below the current figure. Since then, the S&P 500 has delivered strong gains, while technology and artificial intelligence-linked shares have led much of the markets advance.　　Buffett built Berkshire around buying, strong operating businesses, and limited pressure to chase high-priced assets. Abel now inherits that system while cash earns income through Treasury bills, yet equity benchmarks remain a

05-05Industry

Ondo Gains Institutional Backing Through DTCC Working Group Selection

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.　　My parents are literally the backbone of my story. They‘ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.　　I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.　　When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.　　Trust me, I‘ve had my share of experience with the ups and downs in the market but I never for once lost

05-05Industry

U.S. to review AI models from Microsoft, Google, xAI before public release

Microsoft, Google, and xAI have agreed to provide the U.S. government with early access to upcoming artificial intelligence models, allowing officials to examine potential national security risks before the systems are released to the public.Microsoft, Google, and xAI will provide U.S. authorities early access to new AI models for national security testing before public release.The Commerce Departments CAISI will evaluate model capabilities and risks, including potential misuse in cyberattacks, using versions with reduced safety guardrails.The move follows broader Pentagon efforts to expand AI partnerships, including new agreements to deploy advanced systems across classified military networks.　　The arrangement will enable the Center for AI Standards and Innovation (CAISI), which operates under the United States Department of Commerce, to test these models in advance.　　According to the agency, the process will include technical evaluations and research into how the systems perform, as well as the risks they may pose.　　Recent advances in AI, including systems such as Anthropic Mythos, have intensified concerns in Washington and across corporate sectors. Officials and executives have warned that increasingly capable models could be misused, particularly in cyberattacks where automation may enhance the scale and speed of malicious activity.　　Anthropic was not referenced in the latest announcement. The company has been

05-05Industry

Bank of Italy Flags Tokenized SEPA for EU Payments

Bitcoin Ethereum NewsEU may explore tokenized SEPA to align payments with digital finance trends and infrastructure shifts.Bank of Italy highlights trust and regulation as core to money despite tech-driven payment changes.ECB digital euro and tokenized SEPA seen as tools to maintain control amid private money growth.　　The Bank of Italy has pointed out that the European Union may need to assess the development of a tokenized version of its existing payments framework, signaling a possible shift in how digital transactions are structured across the region.　　The proposal centers on adapting the Single Euro Payments Area (SEPA) to align with ongoing technological changes, particularly as digital forms of money and distributed ledger systems become more prominent in financial infrastructure.　　Speaking on the issue, Deputy Governor Chiara Scotti highlighted that innovation in financial systems is prompting renewed scrutiny of central banks roles in maintaining monetary stability. She noted that while emerging technologies enable faster and more programmable transactions, these features relate to how payments function rather than what gives money its value.　　Scotti stated that trust remains the defining characteristic of money, supported by regulated institutions and regulatory frameworks. Her remarks raise concerns that technological advancements alone do not redefine monetary fundamentals, even as digital payment

05-05Industry

Top 6 decentralised exchanges of May 2026

IDEX occupies a unique space between centralized and decentralized exchanges. It uses a hybrid model that combines centralized speed with decentralized custody. Trades are matched off-chain for efficiency, but assets remain in users wallets until settlement. This approach allows for faster execution without sacrificing asset ownership.　　By reducing common issues like transaction delays and on-chain failures, IDEX offers a smoother trading experience than many purely decentralized platforms. Still, the model comes with trade-offs: some users may question how decentralized it truly is, given its off-chain elements, and its token support remains limited to Ethereum and EVM-compatible assets. For traders who value faster transactions and fewer technical hurdles while maintaining custody of their funds, IDEX strikes a pragmatic balance.　　Final thoughts　　The decentralized exchanges have expanded past simple token swaps. From cross-chain interoperability to Bitcoin-powered DeFi, todays platforms offer a diverse set of tools tailored to different kinds of traders.　　That said, no single platform suits everyone. Before committing to any exchange, its worth taking the time to explore how a platform aligns with your needs, technical comfort, and risk tolerance.

05-05Industry

Galaxy and State Street launch Solana-based SWEEP tokenized cash fund

U.S. stocks opened higher on Tuesday, with major indexes gaining and AI‑linked storage names outperforming, even as PayPal sank about 10% after disappointing profit guidance.Galaxy Digital and State Street Investment Management have launched the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenized cash management product aimed at delivering 24/7 on-chain liquidity.The fund lets institutional investors subscribe and redeem using stablecoins while earning yield on underlying traditional securities, initially on Solana with plans to expand to Ethereum and Stellar.Galaxy provides tokenization infrastructure, Anchorage Digital handles digital asset custody, and State Street manages the off-chain portfolio, extending the institutional trend set by BlackRocks BUIDL tokenized Treasury fund.　　According to CoinDesk, State Street and Galaxy have rolled out SWEEP, a “tokenized private liquidity fund” designed to migrate traditional cash and liquidity management products onto public blockchains.　　SWEEP brings cash management on-chain via Solana　　State Street Investment Management will run the underlying portfolio of short‑duration, investment‑grade securities—functionally similar to a money market or liquidity fund—while Galaxys digital infrastructure issues and manages tokenized fund shares on Solana.　　Subscriptions and redemptions are processed using PayPal USD (PYUSD) stablecoins, enabling qualified investors to move capital into and out of the fund around the clock, subject to portfolio availability, instead

05-05Industry

Western Union Officially Launches USDPT Stablecoin on Solana

After the stablecoin-friendly GENIUS Act was passed in July, major remittance businesses started looking at stablecoins.According to Western Union, the introduction of USDPT is indicative of a larger trend in the development of global payments. 　　Launching its USDPT stablecoin on Solana, Western Union has taken its first step toward blockchain-based payments and onchain settlement for its worldwide remittance network.　　While Western Union has stated its intention to spread the stablecoin to over 40 countries in 2026, one of the crypto infrastructure platforms participating in the launch, Fireblocks, said on Monday that USDPT is first being rolled out in Bolivia and the Philippines.　　Banking on Stablecoin Growth　　After the stablecoin-friendly GENIUS Act was passed in July, major remittance businesses started looking at stablecoins. With the announcement of intentions to provide stablecoin-powered cross-border payments in October, Zelle joined MoneyGram in September in delivering USDC (USDC) stablecoin services in Colombia.　　According to Western Union, the introduction of USDPT is indicative of a larger trend in the development of global payments. They also predicted that in the future, more and more financial institutions would use regulated digital assets as their fundamental infrastructure.　　Based on projections made by Citigroup and the US Department of the Treasury, the stablecoin market valuation

05-05Industry

Multicoin Capital stakes nearly 2 mln Hyperliquid: Will HYPE rise above $43?

Tech　　Multicoin Capital stakes nearly 2 mln Hyperliquid: Will HYPE rise above $43？　　Often, increased scarcity boosts an assets upward momentum, a prelude to a higher price.　　Source: HypurrScan　　So far, the team has burned 44.94 million HYPE worth approximately $2 billion, further shrinking market supply.　　Combined, staking and token buybacks have significantly absorbed the market selling pressure, thus helping HYPEs market stability.　　Is the demand adequate to hit $50？　　Although Hyperliquid has been on a strong upward momentum, news from Multicoin Capital seems to have boosted the uptrend. The altcoin breached the $42 resistance, touched a local high of $43.3, and then slightly retraced.　　As of this writing, Hyperliquid [HYPE] traded at $43.18 after a slight 3.18% rise on the daily charts, reflecting higher upside volatility.　　The altcoin uptrend has largely strengthened, especially driven by rising bull dominance in the market. Looking at the Bulls v Bears indicator, buyers displaced sellers two days ago.　　The indicator formed a bullish crossover, signaling a shift in market dynamics. As a result, downside volatility declined to 2.5, while upside volatility rose to 2.1.　　Source: Tradingview　　Taken together, these two indicators suggest that bulls are currently in control of the market, but it still faces underlying pressure. While the market is not yet fully bullish,

05-05Industry

...

665667

...

1000