Ethereum Price Prediction: ETH Pattern Resembles Past Surge

Ethereum  Ethereum Price Prediction: ETH Pattern Resembles Past Surge  Ethereum is holding near a key support area while its short-term correction remains active.  At the same time, the weekly chart shows ETH forming a setup that looks similar to past consolidation zones before larger rallies.  Ethereum Holds $2,220 Support as ETH Correction Stays Active  Ethereum remains in a corrective phase after briefly breaking below Fridays swing low during CPI driven volatility, according to a chart shared by MCO Global on X.  The 1-hour ETH chart shows price slipping below a short-term support area before stabilizing near the same zone. The move came after stronger-than-expected inflation data added pressure to risk assets and reduced expectations for quicker rate cuts.  Ethereum 1-Hour Chart. Source:  MCO Global said Ethereum has not confirmed a local low yet. The chart places the next key support near the $2,220 swing low, which now acts as the main level for the short-term structure.  As long as ETH holds above that level, the pullback can still fit as a B-wave correction. Under that scenario, Ethereum could later form another C-wave higher if buyers defend support and reclaim the nearby range.  However, the setup remains uncertain. ETH has moved sideways for nearly a month, and that long consolidation increases

05-13Ethereum

Charles Schwab begins rollout of spot BTC, ETH trading for U.S. retail customers

Charles Schwab, the brokerage giant that manages around $12 trillion in client assets, began the rollout of its spot cryptocurrency trading service for retail customers in the U.S.  An initial group of clients can now trade bitcoin and ether (ETH) on the Schwab Crypto platform, the company posted on X on Tuesday.  In July last year, CEO Rick Wurster said the company planned to introduce crypto trading in the near future, with a timeframe of first-half 2026 confirmed last month.  The Westlake, Texas-headquartered firm already offers crypto investments through exchange-traded funds (ETFs) and futures trading.  The ability to directly trade the actual assets through a company with the scale of Schwab could be a pivotal accelerator for mainstream crypto adoption.  As one of the largest brokerage firms in the world, Schwab could offer its roughly 35 million clients the opportunity to trade BTC and ETH in an environment they already recognize rather than having to register with a standalone crypto exchange.

05-13Ethereum

U.S. Senate Banking Committee Sees Swarm of Amendments before Vote on CLARITY Act

The U.S. Senate Banking Committee is readying for a notable vote on the crypto market structure bill, also known as the CLARITY Act. Particularly, before this vote, the U.S. Senate Banking Committee has reportedly received a staggering swarm of over 100 amendments for the draft legislation.  U.S. Senate Banking Committee Receives Over 100 Amendments to Crypto Market Structure Bill  According to Politico, ahead of the U.S. Senate Banking Committees markup vote on the crypto market structure bill, the CLARITY Act, committee members have submitted more than 100… pic.twitter.com/6yH0SH7Rgc  — Wu Blockchain (@WuBlockchain) May 13, 2026  As per the reports, the rising number of such revisions underscores the increasing divisions between the Senate members over the regulation of the digital asset mechanisms in the U.S. Additionally, many senators are favoring more stringent oversight, while others push for a relatively innovation-focused model for the crypto landscape.  U.S. Senate Banking Committee Receives Over 100 CLARITY Act Amendments Before Further Discussions  The U.S. Senate members have swarmed the Senate Banking Committee with over 100 amendments for the draft legal framework of the CLARITY Act before further discussions. This development comes at a time when the U.S. Senate Banking Committee is reportedly preparing for a vote on the crypto market structure

05-13Industry

US Dollar: Hot CPI keeps Fed cautious – Danske Bank

Finance  US Dollar: Hot CPI keeps Fed cautious – Danske Bank  Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation, reinforcing concerns about persistent underlying price pressures. Shelter and super-core components rose, while core goods remained flat. They note markets will watch upcoming PPI data to see if it confirms similar momentum and keeps the Federal Reserve (Fed) cautious.  Services and shelter drive CPI higher  “In the US, April PPI data is due for release. Yesterdays CPI print showed sticky monthly services and super-core inflation, reinforcing concerns around persistent underlying price pressures. Markets will watch whether PPI confirms similar price momentum.”  “Headline inflation rose 0.6% m/m SA, in line with expectations, while core inflation was stronger than expected at 0.4% m/m SA (cons 0.3% m/m). Shelter rose 0.6% m/m and ”super-core“ (core services ex shelter) picked up to around 0.45% m/m, the highest in three months, underlining that domestic service price pressures remain uncomfortably firm. ”  “By contrast, core goods inflation was flat at 0.0% m/m, suggesting limited pass-through so far from higher commodity prices and keeping underlying pressures largely concentrated in services, reinforcing a cautious Fed.”  “In US monetary policy space, the Senate confirmed Kevin Warsh

05-13Industry

Ethereum Price Prediction: ETH Pattern Resembles Past Surge

Ethereum  Ethereum Price Prediction: ETH Pattern Resembles Past Surge  Ethereum is holding near a key support area while its short-term correction remains active.  At the same time, the weekly chart shows ETH forming a setup that looks similar to past consolidation zones before larger rallies.  Ethereum Holds $2,220 Support as ETH Correction Stays Active  Ethereum remains in a corrective phase after briefly breaking below Fridays swing low during CPI driven volatility, according to a chart shared by MCO Global on X.  The 1-hour ETH chart shows price slipping below a short-term support area before stabilizing near the same zone. The move came after stronger-than-expected inflation data added pressure to risk assets and reduced expectations for quicker rate cuts.  Ethereum 1-Hour Chart. Source:  MCO Global said Ethereum has not confirmed a local low yet. The chart places the next key support near the $2,220 swing low, which now acts as the main level for the short-term structure.  As long as ETH holds above that level, the pullback can still fit as a B-wave correction. Under that scenario, Ethereum could later form another C-wave higher if buyers defend support and reclaim the nearby range.  However, the setup remains uncertain. ETH has moved sideways for nearly a month, and that long consolidation increases

05-13Industry

tZERO Aptos tokenization: Aptos is now a supported issuance and execution layer

Tech  tZERO Aptos tokenization: Aptos is now a supported issuance and execution layer  A new piece of the institutional tokenization race has clicked into place: tZERO Aptos tokenization is now part of the pitch to issuers that want blockchain-based assets without giving up compliance controls. tZERO Group has partnered with Aptos Foundation so issuers can launch tokenized assets on the Aptos blockchain through tZEROs tokenization platform.  That move does more than add another chain option. It brings Aptos into tZEROs tokenization infrastructure as a supported blockchain network, giving firms another route for deploying institutional tokenized assets while fitting their own compliance and operational requirements.  For a market that has spent years talking about real-world assets and regulated on-chain finance, this is the kind of integration that matters. It is not just about minting tokens. It is about the full plumbing around issuance, identity, wallets, execution, and asset lifecycle management.  tZERO adds Aptos for tokenized asset issuance  At the center of the deal is a straightforward shift with bigger implications: issuers using tZERO can launch tokenized assets on Aptos.  The partnership between tZERO Group and Aptos Foundation adds Aptos as one of the supported blockchain networks in tZERO‘s tokenization stack. That means firms looking at institutional tokenized assets

05-13Industry

Charles Schwab begins rollout of spot BTC, ETH trading for U.S. retail customers

Charles Schwab, the brokerage giant that manages around $12 trillion in client assets, began the rollout of its spot cryptocurrency trading service for retail customers in the U.S.  An initial group of clients can now trade bitcoin and ether (ETH) on the Schwab Crypto platform, the company posted on X on Tuesday.  In July last year, CEO Rick Wurster said the company planned to introduce crypto trading in the near future, with a timeframe of first-half 2026 confirmed last month.  The Westlake, Texas-headquartered firm already offers crypto investments through exchange-traded funds (ETFs) and futures trading.  The ability to directly trade the actual assets through a company with the scale of Schwab could be a pivotal accelerator for mainstream crypto adoption.  As one of the largest brokerage firms in the world, Schwab could offer its roughly 35 million clients the opportunity to trade BTC and ETH in an environment they already recognize rather than having to register with a standalone crypto exchange.

05-13Industry

Vietnam eyes Q3 launch for regulated crypto asset market

Vietnam could start official activity in its regulated crypto asset market as early as the third quarter of 2026. Vietnam could start regulated crypto market activity in Q3, moving demand toward licensed domestic platforms.Five firms passed initial screening, including bank affiliates, VIX Securities and Sun Group, Reuters reported.Chainalysis ranked Vietnam fourth globally in crypto adoption, reflecting strong retail and institutional activity nationwide demand.  Deputy Minister of Finance Nguyen Duc Chi gave the update at the Digital Trust in Finance 2026 forum in Hanoi on May 12.  Chi said “as early as the third quarter” Vietnam could witness the first official market activity under rules built for safety and transparency. The statement points to a more active phase for a market that has already entered a pilot period.  Five firms move through licensing process  The Ministry of Finance is working with the Ministry of Public Security and the State Bank of Vietnam to approve five companies for digital asset trading platform services. VnEconomy said the step forms part of Vietnams wider digital finance plan.  Reuters earlier reported that affiliates of Techcombank, VPBank and LPBank were among firms that passed an initial screening round. VIX Securities and Sun Group were also listed in the process.  Additionally, the new

05-13Industry

If You Fail To Address Citizens’ Concerns, You’ll Lose To The Fringe

Finance  If You Fail To Address Citizens‘ Concerns, You’ll Lose To The Fringe  Why are nontraditional political parties and factions, many of them on the extreme, gaining strength in Europe and elsewhere? Local elections in Britain last week were stunning. They underscored a trend that has been building for years, not only in the UK but also in almost all other well-established democracies. Radicalism is on the rise.  The two traditional ruling parties—Labour and Conservative—were smashed. Labour suffered its lowest percentage of the popular vote in over a century. The Conservatives, who had had their worst electoral performance in the national election of 2024, failed to make a comeback. In fact, they lost ground.  In the U.S. a significant portion of the public regards both parties with disdain. Most voters think the country is going in the wrong direction.  In Germany the approval rating of Chancellor Friedrich Merz is the worst since democracy was reestablished after WWII. France‘s floundering President Emmanuel Macron isn’t doing much better.  In Japan, a country never noted for its feminist sensitivities, the long-ruling party turned to a woman, Sanae Takaichi. Promising a radical break from the past and stoutly resisting bullying from Beijing, she won a landslide electoral victory. But can

05-13Industry

Bitcoin Treasury Firm Metaplanet Reports Massive Q1 Loss, Stock Dips 4%

Bitcoin  Bitcoin Treasury Firm Metaplanet Reports Massive Q1 Loss, Stock Dips 4%  Despite strong revenue growth in its crypto-oriented businesses, Japanese Bitcoin treasury firm Metaplanet experienced an out-sized loss. For the quarter ending in Q1 2026, the company saw net losses of over $700 million as it aggressively increased its Bitcoin position. Its stock tumbled nearly 4% amid the weak earnings report.  Japans Bitcoin Treasury Giant Metaplanet Announces Q1 Earnings  The companys Q1 2016 earnings presentation shows that ordinary losses grew to ¥114.9 billion ($725 million). It marked a 17x uptick from a previous year loss of ¥6.8 billion ($43 million). The net loss was also at ¥114.4 billion ($724.8 million) compared with ¥5 billion ($35 million) in the first quarter of 2025.  Losses were mostly due to the Bitcoin price decline in Q1, similar to Strategys losses in the quarter. During the quarter, Metaplanet reported a valuation loss of ¥116.3 billion ($736 million) on its BTC holdings.  Moreover, it reported an NAV decline in its BTC from ¥481.4 billion ($3.05 billion) at the end of December 2025 to ¥435.7 billion ($2.76 billion) as of March 31, 2026.  Firm Doubles Down On BTC Treasury  Nonetheless, the firm kept building up its Bitcoin reserve even as losses mounted. Total

05-13Industry
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