Crypto Industry News & Market Trends

Arbitrum Price Pushes Higher: But Can ARB Hold Gains Ahead of Token Unlock?

Tech　　Arbitrum Price Pushes Higher: But Can ARB Hold Gains Ahead of Token Unlock？　　The post Arbitrum Price Pushes Higher: But Can ARB Hold Gains Ahead of Token Unlock？ appeared first on Coinpedia Fintech News　　Arbitrum price pushed higher today as ARB attempted to extend its breakout recovery despite growing concerns surrounding an upcoming token unlock event. While the Layer-2 token posted modest gains and maintained its breakout structure, derivatives data suggested traders remain cautious beneath the surface. Falling open interest alongside rising price typically signals short covering activity instead of aggressive bullish conviction, creating uncertainty around the sustainability of the latest move.　　At the same time, growing social chatter surrounding ARB unlocks has pushed Arbitrum back into trending crypto discussions, leaving traders focused on whether the token can maintain momentum as new supply pressure gradually approaches the market.　　ARB Price Rally Shows Signs of Short Covering　　According to derivatives data, ARB futures volume declined more than 21% over the past 24 hours while open interest dropped roughly 13% even as price moved higher. Typically, rising price alongside falling open interest is viewed as a sign of short covering rather than aggressive fresh bullish positioning. This usually happens when bearish traders begin closing existing short positions,

05-14Industry

Why is bitcoin down today: Hotter-than-expected inflation data knocks BTC below $80,000

U.S. producer prices for April came in far hotter than expected on Wednesday, complicating the Federal Reserves path forward to ease monetary policy later this year.　　The April Producer Price Index rose 1.4% month-over-month, nearly triple economists expectations for a 0.5% increase. Annual producer inflation accelerated to 6%, while core PPI excluding food and energy climbed 1% on the month and 5.2% year-over-year, both well above forecasts.　　The report reinforced that inflation is reaccelerating after Tuesdays consumer price index (CPI) rose 3.8% year-over-year, the hottest inflation reading in almost three years.　　Bitcoin (BTC), which traded above $81,000 overnight, quickly dropped below the key $80,000 level in the minutes following the release before recovering slightly. The largest cryptocurrency was recently changing hands just above $80,000, down about 0.8% over the past 24 hours.　　Equity futures held relatively steady ahead of the U.S. open, with Nasdaq 100 futures up 0.2% and S&P 500 futures little changed.　　The inflation surprise adds another layer of uncertainty for the Fed as policymakers navigate rising energy prices tied to the ongoing Iran conflict and persistent concerns over supply disruptions around the Strait of Hormuz. Higher oil prices risk feeding further into inflation data in the months ahead.　　The report could also revive

05-14Industry

Canadian Dollar: Sideways against USD as valuation stretched – Scotiabank

Finance　　Canadian Dollar: Sideways against USD as valuation stretched – Scotiabank　　Scotiabank strategists Shaun Osborne and Eric Theoret note USD/CAD is steady around 1.3695, with the Canadian Dollar (CAD) seen as cheap versus a fair value estimate near 1.3510. They highlight slightly wider front-end spreads in favour of the US Dollar (USD) but argues stretched USD valuation should limit further gains. Short-term technicals show resistance near 1.3720 and support around 1.3640/45 and 1.3550/75.　　Canadian Dollar seen as undervalued　　“The CAD is little changed against the USD as spot continues to hold within recent ranges. A bounce in risk appetite constitutes a minor plus for the CAD on the session with little else to focus on.”　　“Factors driving the CAD have drifted a little over the past week—front-end spreads have widened a little in the USD‘s favour—but the CAD remains ”cheap“ relative to our fair value assessment (1.3510 today) still. The USD’s somewhat stretched valuation should constrain scope for gains, all else equal.”　　“BoC DG Alexopoulos will speak at the Ottawa Economics Association (OEA) and the Canadian Association for Business Economics (CABE) 2026 Spring Policy Conference on AI adoption, productivity and economic potential in Canada. Prepared comments hit the wires at 11.05ET. There is a moderated Q&A

05-14Industry

A Ukrainian Ground Robot Drove Into A Russian-Held Building And Blew It Up

Social Media Capture　　Russian troops hiding inside an abandoned apartment building in Kostiantynivka may have expected Ukrainian drones to come from above.　　Instead, the assault came on wheels.　　According to video footage shared by Ukraines 100th Separate Mechanized Brigade, eight Russian soldiers from a sabotage and reconnaissance group had infiltrated the city and entered an abandoned building that Ukrainian forces believed was intended to become a base for future operations.　　The brigade said its commanders developed a robotic assault after nearby Ukrainian troops were judged insufficient to safely clear the position. Three unmanned ground vehicles were used. One acted as a decoy. Another, reportedly carrying 300 kilograms of explosives, drove into the building from the rear and detonated. A third delivered additional equipment to Ukrainian troops surrounding the damaged building.　　Ukraine claimed the Russian troops refused to surrender and were later killed.　　The strike highlights how unmanned ground vehicles, or UGVs, are increasingly moving beyond logistics and evacuation roles into direct assault missions. As aerial drones saturate the battlefield and manpower shortages intensify, both Ukraine and Russia are experimenting with robotic systems capable of carrying heavier payloads into fortified positions and urban combat zones.　　Ukraine has been experimenting with explosive-laden ground robots for years. In 2023, I

05-14Industry

Bitcoin Holds $81K as Schwab Opens BTC Trading, Square Hits 1M Merchants and MARA Sells $1.5B

Bitcoin　　Bitcoin Holds $81K as Schwab Opens BTC Trading, Square Hits 1M Merchants and MARA Sells $1.5B　　Maelstrom chief investment officer Arthur Hayes argues that escalating AI capital expenditure and the ongoing Iran conflict will force both Washington and Beijing into accelerated fiat issuance, setting up a powerful tailwind for Bitcoin. In a fresh commentary, he frames the AI race as a national security imperative that politicians will fund through printed money and bank loans, calling the combination a perfect environment for crypto. Hayes maintains that a return to the prior all-time high and a $126,000 target is a foregone conclusion, citing BTCs roughly 31% rebound from its February low near $62,822 and its outperformance versus gold and US tech equities since late February.　　Charles Schwab has switched on its long-awaited Schwab Crypto platform, opening direct bitcoin and ether trading to its first wave of eligible retail clients on Tuesday. The brokerage giant, which managed $11.77 trillion in client assets and 39.1 million active accounts at the end of March, will charge a 75-basis-point trading fee and operate the service in every US state except New York and Louisiana. Clients hold a separate crypto account custodied by Charles Schwab Premier Bank, with Paxos

05-14Industry

Kyrgyzstan to permit banks, financial institutions to conduct crypto transactions

Kyrgyzstan is preparing to permit banks and other financial institutions to officially conduct cryptocurrency transactions.　　The changes, which will let them buy and sell digital coins, come amid new sanctions over the nations role in helping Russia bypass restrictions.　　Kyrgyzstan to authorize banks to work with cryptocurrencies　　The government of Kyrgyzstan plans to allow banks and non-bank financial institutions to trade and convert cryptocurrencies on behalf of their clients.　　This will be done through amendments to the countrys law “On Virtual Assets” drafted by the Ministry of Economy and Commerce, local and regional media unveiled Wednesday.　　The respective bill has been published for public discussion, according to reports by the Russian crypto news outlet Bits.media, the Northern Newspaper website and Inbusiness.kz.　　Under the updated law, banking organizations and other firms supervised by the National Bank of the Kyrgyz Republic will be able to offer services for the purchase, sale, and exchange of digital coins.　　These kinds of transactions are currently restricted for most entities in the financial sector, which can mainly store and transfer cryptocurrencies for customers without directly accruing or trading them.　　As highlighted by the explanatory note to the draft law, the proposed amendments are meant to develop and increase the transparency of Kyrgyzstans virtual-asset market.　　The

05-14Industry

Binance Delisting Alert: Five Crypto Tokens Are Set for Removal This May

Crypto　　Binance Delisting Alert: Five Crypto Tokens Are Set for Removal This May　　Major crypto exchange Binance is set to perform a delisting action in May as it prepares to remove five crypto assets.　　The crypto exchange has decided to delist and cease trading on all spot trading pairs for five crypto tokens on May 27 at 03:00 (UTC). The decision, it says, is based on its most recent reviews. The tokens affected include Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS).　　Binance reviews each digital asset it lists to make sure it continues to meet a high level of standards and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, the crypto exchange conducts a more in-depth review and potentially delists it.　　You Might Also Like　　Schwartz: Ripple Doesnt Control Consensus　　Bitcoin (BTC), XRP, Shiba Inu (SHIB), Toncoin (TON) and Zcash (ZEC) Price Analysis for May 13: Hiding Explosive Volatility Potential　　Binance will terminate Trading Bot services for the related spot trading pairs on May 27 at 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots before the cessation of Trading Bot services to avoid any potential losses.　　Dates to

05-14Industry

XRP Tops Upbit as South Korea Demand Surges Again

Tech　　XRP Tops Upbit as South Korea Demand Surges Again　　XRP Becomes Upbits Most Traded Asset as Korean Demand Surges Again　　Market analyst Xaif Crypto reports that XRP has surged to the top of, South Koreas largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT.　　Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale.　　While Bitcoin still dominates globally, South Koreas crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP.　　Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market.　　Beyond market sentiment, XRPs fast settlement times and strong liquidity have reinforced its appeal among Korean traders. Its deep order books across major exchanges support active trading, while frequent volatility continues to attract momentum-focused retail participants.　　Why does this matter？ Well, these strengths have helped XRP retain a consistently across multiple market cycles.　　Why Korean Investors Continue to Fuel XRPs Dominance on Upbit　　Interestingly, XRPs strong following in South Korea traces back to the 2017 bull market, when

05-14Industry

US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes

Bond traders priced in renewed Fed rate hike risks, and Goldman Sachs recently pushed back its next-cut forecast to December 2026.　　Equity futures sold off on the print. The dollar firmed against major peers as widening rate differentials supported the greenback.　　“Both CPI and PPI Inflation are now officially at 3+ year highs. Odds of rate HIKES are rising,” stated analysts at the Kobeissi Letter.　　Whether Federal Reserve officials now signal a hawkish pivot will set the tone for risk assets in coming sessions. A sustained rebound in producer costs could push consumer inflation higher into the second half of 2026.　　The post US PPI Shocker Hits 6% in April 2026, Crushing Fed Rate Cut Hopes appeared first on BeInCrypto.

05-14Industry

FalconX Brings Tokenized Credit Vaults to Monad Network

Tech　　FalconX Brings Tokenized Credit Vaults to Monad Network　　FalconX has expanded its tokenized structured credit facility to the Monad network, allowing institutional credit vault deposits to be used as collateral in decentralized finance protocols such as Morpho.　　Tokenization takes traditional credit facilities and represents them as digital tokens on a blockchain. In this case, the facility packages loans originated through FalconXs lending business into tokenized credit products accessible through Pareto vaults curated by M11 Credit.　　RWA.xyz data shows real-world assets issued onchain have grown to more than $31 billion, including Treasurys, credit products and other financial assets. Credit-related assets alone account for more than $5 billion in distributed value across blockchain networks.　　The FalconX deployment adds support for using AA_FalconXUSDC vault tokens in onchain lending markets, enabling investors to borrow against institutional credit exposure while maintaining yield-bearing positions. Data from RWA.xyz shows FalconX Credit Vault currently holds about $127 million in distributed value.　　According to an announcement shared with Cointelegraph, the system also includes automated margin controls, real-time collateral monitoring and onchain settlement features.　　Monad Foundation director of marketing Nathan Cha told Cointelegraph that the broader opportunity for tokenized credit products lies in their composability across DeFi markets, allowing institutional assets to be reused across lending,

05-14Industry

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