Crypto Industry News & Market Trends

Overseas demand for U.S equities is growing, says Kraken senior VP Johan Kerbrart

Demand for U.S. equities is rising globally, pushing investors to look beyond domestic markets, Robinhood senior VP and general manager in charge of crypto, Johann Kerbrat said during a Fireside chat at Consensus 2026 in Miami.　　“We are seeing a lot of demand for U.S. stocks from overseas investors, particularly tied to AI-related companies,” Kerbrat said, adding that access remains limited in many regions compared with the United States.　　Kerbrat said investors should shift from country-specific strategies toward global allocation now that international 24/7 trading platforms are available to them. “It is time for a lot of investors to really think about not just how to invest in one specific country, but also how to have a global portfolio,” he said.　　The Kraken executive pointed to tokenization and around-the-clock trading as key enablers. “We think it is going to be 24/7. We think it is going to be instant settlement,” he said, describing features that could differentiate tokenized assets from traditional brokerage products.　　The discussion, moderated by Crypto in America host Eleanor Terrett, also addressed regulatory constraints in the United States. Kerbrat said “regulation in the U.S. has been less than friendly in the past,” though he noted recent engagement with policymakers has improved.　　Robinhood

05-06Industry

Cybersecurity strains grow as AI challenges Australian banks

Australias banking sector is facing mounting pressure to upgrade its cybersecurity measures as rapid advancements in artificial intelligence (AI) are outpacing existing safeguards, according to the Australian Prudential Regulation Authority (APRA).　　The country‘s financial regulator recently flagged growing concerns about the country’s security frameworks in a letter to financial institutions seen by Reuters, claiming that systems are struggling to keep up with AI technologies, which have grown more sophisticated in recent years.　　APRA stated that while AI systems, particularly those capable of advanced coding and analysis, may significantly improve banking processes as economies transition to a digital future, they could also accelerate cyber threats.　　“The AI revolution presents tremendous opportunities for banks, insurers and superannuation trustees to deliver improved efficiency and enhanced customer services. We are already beginning to see these benefits materialise. But we cannot be blind to the risks of such powerful technology – whether in our own hands or the hands of those with malign intent,” APRA member Therese McCarthy Hockey said.　　The fresh warning comes amid heightened scrutiny of so-called “frontier AI” models, including those developed by Anthropic, one of the handful of companies dominating the global AI race. One such system causing concern among regulators is Claude Mythos, due

05-06Industry

MemeCore (M) Rebounds 25% Off 0.382 Fib, Eyes $4 Breakout

Tech　　MemeCore (M) Rebounds 25% Off 0.382 Fib, Eyes $4 Breakout　　MemeCore (M) jumped 25% on Tuesday to reclaim $3.38 after retesting the 0.382 Fibonacci support at $2.59, signaling that buyers stepped back at the key correction level.　　The bounce drives M into a thin liquidity pocket near $3.40, where short liquidation clusters start stacking. A clean break opens the path toward $3.88 and potentially $4 in the coming sessions.　　Short Liquidation Clusters Stack Above $3.50　　The M Exchange Liquidation Map from Coinglass reveals dense short positions beginning at $3.49 and thickening between $3.69 and $3.88. A second wave sits higher at $4.05 to $4.27.　　Long liquidation pockets below price concentrate at $2.51 to $2.60, forming the biggest magnet zone on the 30-day map. That same area triggered the prior reversal when leveraged longs got flushed.　　M Exchange Liquidation Map / Source: X　　According to analyst @ScalpingX, the current price at $3.41 sits inside a thin liquidity layer between $3.40 and $3.50. A clean break above $3.50 could accelerate the move toward $3.88 first, then extend to $4.27.　　Holding the $3.41 pivot remains the bullish trigger. Losing it shifts the bias to $3.12, with the deeper magnet zone at $2.60 becoming the next downside target.　　Resistance at $3.68 Caps the

05-06Industry

Strait of Hormuz blockade fuels WTI crude oil price surge concerns

Bitcoin Ethereum News　　## Market Snapshot The WTI Crude Oil Prices in May 2026 market is showing significant activity, with a focus on whether WTI crude will hit $150. This market is considered relevant due to the ongoing Strait of Hormuz blockade, which has disrupted a major portion of global oil trade.　　## Key Takeaways – The current situation appears to support a scenario where WTI crude prices increase, consistent with ongoing supply disruptions. – Market pricing suggests a significant likelihood of further price spikes, reflecting the continued closure of the Strait of Hormuz. – The impact of these developments on global energy markets could indicate sustained high volatility in oil prices.　　## Article Body The ongoing conflict involving the US, Israel, and Iran has resulted in the continued blockade of the Strait of Hormuz, a critical chokepoint for global oil transit. The closure of the strait has severely disrupted oil supplies, contributing to the largest energy crisis in history, as described by the International Energy Agency. The price of jet fuel has doubled since the onset of hostilities, raising concerns about the potential grounding of flights and accelerating interest in alternative energy sources for aviation. The geopolitical tensions have delayed efforts to

05-06Industry

Microsoft Finds Just 13% of Firms Reward AI-Driven Workplace Reinvention

Microsofts 2026 Work Trend Index Annual Report shows workers are moving ahead with artificial intelligence (AI) tools. Yet, in many cases, employers fail to redesign systems, incentives, and metrics to capture the value.　　The report identifies a “Transformation Paradox.” It suggests that forces driving AI adoption are simultaneously suppressing it.　　A Sharp Divide in Workplace AI Readiness　　Microsoft analyzed trillions of anonymized Microsoft 365 productivity signals. It also surveyed 20,000 workers across markets, including the US, UK, India, and Japan.　　The findings show a sharp gap between individual and organizational readiness. About 58% of AI users say they now produce work that was impossible a year ago. That figure rises to 80% among Frontier Professionals.　　“A growing share of workers are using AI in advanced, resourceful ways. The problem？ Most organizations arent keeping up. In many cases, people are ready. The systems around them are not,” the report read.　　Frontier Professionals represent 16% of surveyed AI users. They run multi-step agent workflows, redesign processes, and create shared standards across teams.　　Every firm will need to reconceptualize work as they build agentic systems.　　As AI and agents take on more of the execution, the opportunity is to expand human agency and redesign how work gets done.　　An in-depth look from

05-06Industry

Dogecoin (DOGE) Strengthens, Traders Watch For Sustained Upside

Bitcoin Ethereum News　　Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.　　From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.　　As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.　　In addition to his roles

05-06Industry

UNI Price Prediction: Dead Cat Bounce to $3.85 Before Summer Selloff

The Technical Picture Emerges　　UNI has found temporary footing at $3.35, creating what appears to be a classic bear market bounce pattern. The token trades above its short-term moving averages while remaining well below longer-term resistance levels, creating a narrow window for tactical upside. Current momentum readings suggest neither bulls nor bears have decisive control, with price action consolidating in a tight range that typically precedes significant directional moves.　　The risk-reward equation favors the bulls in the near term, but only for those willing to trade against the prevailing downtrend. Volume patterns show institutional hesitation rather than conviction buying, while recent price action demonstrates the markets inability to sustain rallies beyond key technical barriers.　　Critical Support and Resistance Zones　　UNI faces immediate resistance around $3.43, with stronger barriers at $3.51 and the key $3.85 level that represents significant technical confluence. Support holds firm at $3.17, but a break below this level would likely trigger accelerated selling toward $2.80 – a level that aligns with longer-term trend projections.　　The current consolidation between these levels reflects market indecision, but the technical setup suggests resolution is approaching. Price compression near current levels often precedes volatile breakouts, making position sizing and risk management critical for any directional bets.　　Smart Money

05-06Industry

BCH Price Prediction: Relief Rally to $465 Before $420 Breakdown

Technical Setup Points to Short-Term Squeeze　　Bitcoin Cash finds itself in a textbook consolidation pattern thats primed for volatility. The current price action around $446.70 reflects a market caught between conflicting forces – neither buyers nor sellers have gained decisive control.　　The momentum picture tells a story of gradual deterioration. While BCH hasnt fallen into deeply oversold territory, the underlying strength continues to erode as price action fails to generate meaningful upward thrust. This sideways grind typically precedes either a sharp reversal or a breakdown, and the derivative positioning data suggests the former may come first.　　Smart Money vs Retail Divergence　　The most compelling signal comes from the derivatives market structure. Top traders have built a 55% long position with a 1.23 ratio, creating an imbalance that could force a short squeeze. Meanwhile, retail traders remain evenly split at 50/50, showing no conviction in either direction.　　This positioning disconnect often resolves through forced covering, which would drive BCH toward the $465 resistance zone. However, the neutral funding rate of 0.0024% indicates no immediate urgency from leveraged positions, suggesting any rally will likely lack the momentum needed for a sustained breakout.　　The $11.4 million daily volume on Binance spot remains insufficient for a clean directional move. The

05-06Industry

Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits

According to journalist Eleanor Terrett, a divide is forming among banks, with big banks serving customers still not being fully 100% with the draft as redacted. Other financial institutions, including some community banks, would support the current wording, though.　　Terret states that the issue is connected to the narrow language dealing with stablecoin rewards, which “still leaves room for firms to work around the restriction.”　　On social media, she declared that, in their view, “it‘s not a true compromise because it doesn’t eliminate yield completely, it just changes how its offered.” Terrett added that banks might take this to other Senate Banking Committee members before markup.　　In a joint statement issued on May 4, the American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America stressed that the proposed language “falls short” of “prohibiting the payment of yield and interest on stablecoins.”　　The statement indicates that the language allows rewards to be calculated by reference to duration, balance, and tenure, which could incentivize idle holding of stablecoins for extended periods, negating the ultimate objective of avoiding deposit flight.　　“This is a significant loophole that must be addressed,” the banks concluded.

05-06Industry

Overseas demand for U.S equities is growing, says Kraken senior VP Johan Kerbrart

Demand for U.S. equities is rising globally, pushing investors to look beyond domestic markets, Robinhood senior VP and general manager in charge of crypto, Johann Kerbrat said during a Fireside chat at Consensus 2026 in Miami.　　“We are seeing a lot of demand for U.S. stocks from overseas investors, particularly tied to AI-related companies,” Kerbrat said, adding that access remains limited in many regions compared with the United States.　　Kerbrat said investors should shift from country-specific strategies toward global allocation now that international 24/7 trading platforms are available to them. “It is time for a lot of investors to really think about not just how to invest in one specific country, but also how to have a global portfolio,” he said.　　The Kraken executive pointed to tokenization and around-the-clock trading as key enablers. “We think it is going to be 24/7. We think it is going to be instant settlement,” he said, describing features that could differentiate tokenized assets from traditional brokerage products.　　The discussion, moderated by Crypto in America host Eleanor Terrett, also addressed regulatory constraints in the United States. Kerbrat said “regulation in the U.S. has been less than friendly in the past,” though he noted recent engagement with policymakers has improved.　　Robinhood

05-06Industry