Latest Crypto News & Market Updates

US government previews Trumps trip to China with CEOs from key industries

Tech　　US government previews Trumps trip to China with CEOs from key industries　　President Donald Trump is heading to Beijing on May 14 with a corporate entourage that reads like a Fortune 500 all-star roster. Sixteen CEOs from American industrys biggest names will accompany him for a two-day summit aimed at hammering out trade agreements across aerospace, energy, and agriculture.　　Its the first time a sitting US president has visited China since 2017.　　Whos on the plane　　The delegation features some of the most recognizable names in American business. Elon Musk, Tim Cook, Larry Fink, and leaders from Boeing, Citi, Goldman Sachs, and Qualcomm are all confirmed to be part of the traveling party.　　The summits agenda reportedly spans trade deals, AI cooperation frameworks, rare earth mineral access, and thornier geopolitical topics including the Iran war and Taiwan.　　The administration has signaled its intent to establish what it‘s calling a “board of trade” and “board of investment” as part of the summit’s outcomes.　　The inclusion of Qualcomm‘s leadership is particularly notable given the ongoing semiconductor tensions between the two nations. And Larry Fink’s presence, as head of BlackRock, the worlds largest asset manager, suggests that investment flows and capital market access will be front and center in the

05-13Industry

CLARITY Act: Galaxys Alex Thorn Reveals Secret To Securing Bipartisan Support

Tech　　CLARITY Act: Galaxys Alex Thorn Reveals Secret To Securing Bipartisan Support　　Galaxy Digitals Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren.　　Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing　　The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this weeks markup.　　Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies.　　In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘Build Now Act.’ “This is a bill that was co-sponsored by sens Kennedy and Warren and already passed the senate as part of the ROAD housing bill in march,” Thorn wrote.　　He believes that the addition of the Build Now Act within the CLARITY Act provides another pathway for it to become law.

05-13Industry

DOGE Price Prediction: $0.16 Target by Year-End Despite Current Consolidation Trap

DOGEs Technical Reality Check　　Dogecoin is trapped in technical purgatory right now. With RSI sitting at 60.55, were seeing classic neutral territory behavior—neither oversold bargain hunting nor overbought exhaustion. The MACD histogram flatlined at zero screams indecision, while price action hugs every major moving average like a scared child.　　The Bollinger Band position at 0.68 tells the real story here. DOGE is camping in the upper half of its recent range but can‘t punch through that $0.12 ceiling. When a meme coin gets this technically boring, it’s either building energy for a breakout or setting up for a flush. The 200-day SMA at $0.12 is acting as stubborn resistance, creating a lid on any upside momentum.　　Volume & Price Alignment　　Here‘s where things get interesting for Blockchain.news readers tracking the smart money flows. Despite retail traders being 67% long on DOGE, we’re seeing aggressive selling pressure dominate with a buy/sell ratio of just 0.81. Thats institutional-sized selling hitting the market.　　The $94 million daily spot volume is decent but not explosive. More telling is the derivatives market showing a -11.75% drop in open interest over 24 hours. Positions are being closed, not opened. Yet the funding rate remains neutral at 0.01%, suggesting no panic from

05-13Industry

Circle CEO Reveals CLARITY Act’s Impact on Bitcoin, Ethereum and XRP

The post Circle CEO Reveals CLARITY Acts Impact on Bitcoin, Ethereum and XRP appeared first on Coinpedia Fintech News　　Bitcoin climbed close to $82,000 on Tuesday as news broke that the Senate Banking Committee had officially scheduled Thursday as the date for its long-delayed markup of the CLARITY Act. The move gave crypto markets an immediate boost as investors priced in the growing possibility that comprehensive digital asset regulation in the United States is finally within reach.　　Circle CEO Jeremy Allaire appeared on Fox Business shortly after the announcement to share his assessment of where the bill stands and what it means for the industry.　　What Allaire Said　　Allaire described the CLARITY Act as a critical piece of legislation for both the digital asset industry and the broader financial system, saying it creates a regulatory pathway for digital token issuance, market structure, and supervision that the industry has needed for years.　　On the stablecoin yield compromise that has dominated the final stages of negotiations, Allaire said Circle views the outcome positively. Under the current text, platforms cannot simply offer passive yield on stablecoin balances the way a bank pays interest on deposits. Instead, rewards must be tied to actual utility, usage, transactions, payments, and other

05-13Ethereum

Ethereum Clear Signing rollout targets blind signing security

Ethereum　　Ethereum Clear Signing rollout targets blind signing security　　Ethereum‘s Ethereum Clear Signing rollout is aimed at one of crypto’s oldest and most painful user problems: approving transactions you cannot actually read. The Ethereum Foundation said today that it is rolling out Clear Signing, a new standard designed to replace blind signing with human-readable transaction previews across the ecosystem.　　That shift sounds technical, but the promise is simple. Instead of forcing users to approve opaque strings of data, wallets and hardware devices can show what a transaction is doing before someone confirms it.　　For Ethereum users, that could mean fewer moments of signing first and understanding later. More importantly, it gives self-custody a clearer and safer default, which matters because blind signing security has long been one of cryptos weakest points.　　Ethereum launches Clear Signing across the ecosystem　　The Ethereum Foundation framed Clear Signing as a broad ecosystem effort rather than a single-wallet feature. The rollout involves contributors across wallets, hardware, security, infrastructure, and tooling, including Ledger, Trezor, Knox, MetaMask, WalletConnect, Cyfrin, Fireblocks, Zama, Sourcify, and Argo, alongside individual contributors.　　At its core, Clear Signing substitutes blind signing with human-readable transaction previews. That matters because users are often asked to approve transactions without seeing clear details, such

05-13Ethereum

Ethereums Clear Signing standard tackles blind transactions with ERC-7730

Ethereums new ERC‑7730 Clear Signing standard replaces hex gibberish in wallet prompts with human‑readable, auditable transaction summaries to slash phishing and blind signing losses.The Ethereum Foundation‘s Clear Signing working group and Ledger co‑designed ERC‑7730, a standard that turns today’s cryptic wallet calldata into plain‑language transaction summaries.Clear Signing uses a JSON description format, a public registry tied to contract addresses, and third‑party audits so wallets can show accurate, WYSIWYS intent without changing on‑chain logic.The push comes as phishing and approval scams outpace protocol hacks; incidents like the CoW DAO domain hijack and Binances 22.9M blocked phishing attempts show why legible prompts are critical.　　The Ethereum Foundations Clear Signing working group has published a new open standard designed to replace the cryptic, machine-readable hex data that wallets currently display when users are asked to approve a transaction, according to an official Ethereum Foundation blog post. Built on the ERC-7730 specification, Clear Signing standardizes how transaction intent is described, displayed and verified across wallets, aiming to give users a plain-language summary of what will actually happen on-chain before they click approve.　　ERC-7730 and the end of unreadable transaction prompts　　The problem Clear Signing addresses is one of cryptos oldest and most exploited UX failures. When a

05-13Ethereum

JPMorgan Files For Ethereum Tokenized Money Market Fund After BlackRock

Ethereum　　JPMorgan Files For Ethereum Tokenized Money Market Fund After BlackRock　　JPMorgan Chase & Co. is ramping up its blockchain-related initiatives. It aims to introduce a new tokenized fixed-income money market instrument.　　JPMorgan Moves To Launch Another Tokenized Fund　　The banking giant filed paperwork for the JPMorgan OnChain Liquidity-Token Money Market Fund, under the ticker JLTXX. The proposed fund is to issue digital tokens on the Ethereum blockchain.　　It would represent ownership of an underlying portfolio comprised of U.S. Treasuries and repurchase agreements, per an SEC filing. Recently, JPMorgan is expanding its crypto-related product line as banks like Morgan Stanley entered the market with its Bitcoin ETF.　　The tokenized shares would be tradable between investors via digital wallets, and could also be utilized as security in crypto markets. The deals involving the fund may be settled in minutes, not the one or two business days normally required for traditional fund shares. Even though its based on the blockchain, the assets themselves would still be held by a traditional custodian.　　“JPMorgan filed for a tokenized money market fund. Big deal bc JPM inching further into crypto and big deal bc fee is pretty low 16bps for a stable NAV (imposs to do in ETF). Cheaper than most money

05-13Ethereum

Ethereum news (ETH): Foundation unveils new Clear Signing standard to stop users from approving malicious crypto transactions

The Ethereum Foundation and a group of major crypto wallet developers are rolling out a new security standard designed to stop users from accidentally signing away their funds, a problem that has fueled some of the industrys biggest hacks and scams.　　The initiative, called “Clear Signing,” aims to replace the confusing walls of code users currently see when approving Ethereum transactions with simple, human-readable explanations of what theyre actually agreeing to.　　The effort comes after years of phishing attacks and wallet drains that often boil down to the same issue: users unknowingly approving malicious transactions they dont understand. The Ethereum Foundation pointed to incidents like the Bybit hack as examples of how attackers exploit “blind signing,” where users approve transactions filled with unreadable technical data.　　Right now, signing a crypto transaction can feel like clicking “accept” on a terms-of-service page written in another language. Wallets often display long strings of code that only highly technical users can decipher, leaving everyday traders vulnerable to fake apps, malicious links and compromised websites.　　The new system would instead let wallets display clearer prompts such as what assets are moving, who is receiving them and what permissions are being granted before users hit approve.　　The framework relies on a

05-13Ethereum

ETH Price Prediction: $2,400 Breakout or $2,200 Breakdown Within 14 Days

ETHs Technical Reality Check　　Ethereum is trading in technical purgatory right now. With RSI parked at 49.46, we‘re seeing classic indecision territory where neither bulls nor bears have control. The MACD histogram sitting at dead zero confirms this momentum vacuum – no directional conviction whatsoever. What’s more telling is ETHs position within the Bollinger Bands at just 0.35, meaning price is hugging the lower third of the trading envelope while still above the middle band at $2,318.　　This setup screams consolidation before the next major move. The daily ATR of $66.83 shows volatility is compressed relative to recent ranges, which historically precedes explosive breakouts in either direction. Blockchain.news has tracked similar technical patterns that typically resolve within 10-14 trading sessions.　　Volume & Price Alignment　　The derivatives data reveals a dangerous disconnect that smart money is already positioning for. Retail traders are heavily long with a 71% bias, but the taker buy/sell ratio shows aggressive selling pressure dominating at 0.6970. This means while retail holds bags, institutional players are distributing into strength.　　Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.　　Full ETH price, calculator & analysis　　The $501 million in 24-hour spot volume on Binance alone indicates serious

05-13Ethereum

Aave vote targets $71M in disputed Kelp exploit ETH

An Aave vote opening May 15 would transfer 30,765 ETH to Aave LLC as part of the Kelp exploit recovery.A binding Arbitrum Improvement Proposal was launched May 12 with a vote opening May 15 to transfer 30,765 ETH worth $71 million to Aave LLC.A Manhattan federal judge cleared the transfer path on May 9 but preserved the legal claim of terrorism creditors holding $877 million in unpaid North Korea judgments.The 30,765 ETH was frozen by Arbitrum‘s Security Council on April 21 after being linked to the $292 million Kelp DAO exploit attributed to North Korea’s Lazarus Group.　　Aave and other affected parties launched a binding Arbitrum Improvement Proposal on May 12, opening a governance vote on May 15 that would move 30,765 ETH worth approximately $71 million from Arbitrums Security Council wallet to an Aave LLC-controlled address. The vote is the final procedural step needed to unblock the Kelp DAO recovery effort.　　A Manhattan federal judge modified a prior freeze on May 9, permitting the transfer to proceed through onchain governance. Judge Margaret Garnetts order also shields voters and other participants from personal liability under the existing restraining notice.　　However, the terrorism creditors legal claim on the funds survives the transfer, meaning Aave

05-13Ethereum

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