Bhutan’s GMC Launches Fast-Track Licensing for Global Financial Firms

The initiative allows qualifying enterprises to transition from application to full operational readiness in a far shorter amount of time.As part of the procedure, businesses who incorporate and get a license in GMC are given a corporate bank account with DK Bank, allowing them to start operating right away.  Today, Gelephu Mindfulness City (GMC), Bhutans Special Administrative Region for economic growth, unveiled a new expedited license route for businesses currently subject to regulation in major international financial hubs, such as Hong Kong, Singapore, and Abu Dhabi Global Market (ADGM).  By combining accelerated regulatory assessment with instant access to banking infrastructure, the initiative allows qualifying enterprises to transition from application to full operational readiness in a far shorter amount of time.  Even after regulatory clearance, the majority of nations have distinct, sequential licensing and banking procedures, which can cause months of delay and no assurance of obtaining a bank account. In GMC, they are integrated.  As part of the procedure, businesses who incorporate and get a license in GMC are given a corporate bank account with DK Bank, allowing them to start operating right away.  This enables businesses to:IncorporateReceive regulatory approvalOpen a bank accountBegin operations as a single, coordinated process  In accordance with their current regulatory status,

05-13Industry

The Real Liberty Copper Coin

Here‘s a unique coin to mark the nation’s 250th birthday. It ain‘t cheap: The cost is $250 apiece. However, what makes this memento so unusual is that it’s made out of copper from the original construction of the Statue of Liberty. Some readers may be old enough to recall how this symbol of freedom—originally unveiled in 1886—was in need of serious restoration as it neared its 100th birthday. So, in the early 1980s, the federal government asked the renowned auto executive Lee Iacocca to head a foundation to raise the necessary funds and oversee the refurbishment. Some of the old copper on the statue was removed and replaced. A history buff bought that metal (and other debris). This authentic copper was subsequently purchased by Carolyn Rafaelian, a highly creative, multifaceted entrepreneur. She used some of it in her nationwide jewelry line.  Belcourt  Now Rafaelian has designed and will mint 4 million coins commemorating our 250th birthday. The coin‘s name is the Real Liberty Copper. Two million will be released for delivery to purchasers. The other half will belong to purchasers who have chosen to permanently vault their coins at the historic Belcourt mansion under Belcourt museum custody in Newport, Rhode Island, which

05-13Industry

BUILDon (B) Price Prediction: B Jumps 35% as Open Interest Surges Above $130 Million

BUILDon eyes $0.70 breakout as volume and open Interest rapidly expand furtherSupertrend and EMA clusters continue supporting BUILDons strong recovery structureExchange outflows rise as traders maintain bullish BUILDon price expectations ahead  BUILDon (B) continued its aggressive upward trend after posting another strong daily gain. The token climbed to $0.6244 following a 35.78% surge in the past 24 hours. Weekly gains now stand above 82%, highlighting intense bullish momentum across the market.  Trading activity also accelerated sharply, with daily volume reaching more than $117 million. The latest breakout pushed BUILDon close to the critical $0.68 resistance zone after weeks of sideways accumulation between $0.10 and $0.15.  The 4-hour chart shows a near-vertical recovery structure as buyers maintained control throughout the recent rally. Price now trades far above the EMA 20, 50, 100, and 200 levels.  Consequently, the broader trend still favors upside continuation despite growing volatility risks. Expanding candle ranges further confirm strong momentum participation from short-term traders.  Momentum Indicators Support the Uptrend  Technical indicators continue signaling bullish conditions across multiple timeframes. The Supertrend indicator remains firmly positive near the $0.45 region, which now acts as major trend support. Besides, Fibonacci retracement analysis shows price reclaiming the important 0.786 zone near $0.55 before testing higher resistance levels.  BUILDon

05-13Industry

British Pound: Political risks weigh on GBP – MUFG

MUFGs Lee Hardman reports that the Pound (GBP) has weakened as UK political uncertainty intensifies after poor local election results for the government. EUR/GBP has risen and cable has fallen, with Gilts selling off modestly. He warns that a potential Labour leadership contest and any shift to the left could increase downside risks for GBP and Gilts.  Leadership uncertainty pressures Pound and Gilts  “The pound has weakened further at the start of this week reflecting building political uncertainty in the UK after last weeks disappointing local election results for the government. Pound weakness has extended overnight resulting in EUR/GBP rising up to 0.8675 and cable has fallen towards 1.3550.”  “It has triggered a sell-off in the Gilt market where 10-year and 30-year yields both increased by around 15bps. So far the market moves have been relatively modest but are beginning to reflect building unease over the future of Prime Minister Keir Starmer who is facing growing pressure from within the Labour party to step down.”  “It has been reported that 79 of Labours 403 MPs have now publicly called on the prime minister to step aside which is moving closer to the 81 MPs required to officially trigger a leadership contest. Prime Minister Starmer

05-13Industry

Arkham Drops TON: Blockchain Analytics Leader Pulls Support as Toncoin Hits Yearly High

Arkham Intelligence announced it is removing support for the TON blockchain from its on-chain analytics platform. The decision, posted on X on May 12, 2026, cites a periodic review of chain integrations with user demand and ecosystem importance as the key criteria.  The timing is hard to ignore. TON just had one of its biggest weeks in years.  What Arkham Said  Arkham cited user demand and the blockchains importance to the crypto ecosystem as the evaluation factors behind the decision, framing it as part of a regular review of which chains warrant continued maintenance and support.  No specific data was provided on TONs usage within the Arkham platform. The announcement did not include a timeline for data removal or whether historical TON wallet data would remain accessible. Arkham continues to operate analytics across other major blockchain networks.  The Context That Makes This Strange  TON is not a struggling chain right now. The network is coming off its best week in months.  Pavel Durov announced on May 5 that Telegram would officially take over from the TON Foundation as the network‘s largest validator, a move that sent TON surging over 20% in 24 hours. Telegram Wallet’s perpetual futures volume crossed $1 billion in a single month. TON handled

05-13Industry

Ondo price pauses after rally to yearly highs, bullish setup keeps upside hopes alive

Ondo price, Supertrend, and RSI chart — May 12   The breakout triggered aggressive upside momentum that pushed ONDO toward yearly highs near the $0.47 resistance region, which now acts as the next major barrier bulls need to reclaim.  The rally also pushed price firmly above the Supertrend indicator, which has now flipped bullish after remaining bearish for much of the first quarter.  Momentum indicators continue to favor the bulls despite some short-term cooling signals. The RSI recently climbed above 71, briefly entering overbought territory before beginning to stabilize. Such conditions often lead to temporary consolidation phases following strong vertical rallies.  Even so, ONDO continues holding well above the former breakout zone near $0.30, suggesting buyers still maintain broader control over the trend structure.  If bullish momentum resumes, bulls could attempt another breakout toward the key $0.47 resistance zone. A decisive move above that level could potentially open the door toward higher resistance regions not seen since late 2025.  On the downside, failure to hold above the $0.30 breakout support could weaken the bullish structure and potentially trigger a pullback toward the previous consolidation range near $0.24.  Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes

05-13Industry

Nearly 3,800 Waymo Robotaxis Recalled Over Concerns About Driving In Flooded Roadways

Waymo is recalling nearly 3,800 driverless cars, the National Highway Traffic Safety Administration said on Tuesday, over a driving software issue that could cause cars to drive through flooded roadways.  dpa/picture alliance via Getty Images  Key Facts  Waymo will recall a total of 3,791 driverless cars, all of which are equipped with the companys 5th and 6th generation automated driving systems.  In a notification sent to the NHTSA, the company said it identified a software problem that could cause their vehicles to slow down and proceed to drive through “standing water on higher speed roadways.”  A remedy for the software issue is still under development, Waymo said in its filings, but the company installed an interim remedy by restricting how their vehicles operate during inclement weather.  What Prompted The Recall?  On April 20, an empty Waymo vehicle encountered a flooded lane on a highway with a 40 mile per hour speed limit. The filing didnt mention where the incident occurred, but Reuters reported it happened in San Antonio, where local news reported the company briefly paused service a day later during intense rain. According to the filing, the vehicle “detected potentially untraversable flood water,” but proceeded to drive through it anyway at a reduced speed. Waymo added

05-13Industry

XRP Inflows at 5-Month High: Why Institutional Giants Are Flocking Back to Ripple

When fresh money flows into these products, the issuers are required to buy real tokens from the market to back the purchased shares. This process automatically generates consistent buying pressure, and when demand rises faster than the available supply, it can naturally push the price upward.  Since their launch, the spot XRP ETFs have accumulated a cumulative total net inflow of roughly $1.35 billion. In comparison, ETFs with Solana (SOL) as the underlying token have attracted approximately $1.08 billion, while those centered on Dogecoin (DOGE) have pulled in a mere $10.65 million.  Meanwhile, Standard Chartered recently projected that inflows into XRP ETFs could explode to the $4-$8 billion range by the end of the year, should regulatory clarity in the United States continue to improve. Growing political momentum behind initiatives like the CLARITY Act could make it easier for big investors to allocate capital, further strengthening the ETF narrative.  You may also like:When Real Pump?  XRP is well in green territory in both the weekly and monthly timeframes, yet analysts believe a more aggressive surge may come only when it crosses key levels.  The renowned crypto commentator Ali Martinez suggested that it must close above the top of a certain channel at $1.49 to trigger

05-12Industry

MoonPay Buys Dawn Labs, Launches AI Tool for Prediction Markets

MoonPay has acquired Dawn Labs and launched an AI-driven tool, called Dawn CLI, aimed at simplifying trading strategies on prediction markets like Polymarket and Kalshi. The acquisition price was not disclosed, but the move signals MoonPays deeper push into the fast-growing prediction market sector.  According to MoonPays announcement on Monday, Dawn CLI is designed to make trading “as simple as plain English.” The tool reportedly integrates signals from social media, automated strategies, and cross-platform positioning to reduce the technical complexity traders face. Dawn Labs founder Neeraj Prasad described the AI tool as a means to “democratize trading by general intelligence.”  Prediction markets have been gaining traction, attracting a new wave of active traders. However, MoonPay noted that the existing infrastructure for these platforms remains fragmented and technically demanding, creating barriers for broader adoption. By introducing Dawn CLI, MoonPay aims to streamline this process and capitalize on the sectors growth potential.  This expansion doesn‘t come without challenges. Platforms like Polymarket and Kalshi are currently facing legal scrutiny, with state-level lawsuits accusing them of illegally facilitating activities like sports betting. Adding to the regulatory complexity, MoonPay’s chief legal officer, Caroline Pham, previously served as a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), which

05-12Industry

Pi Network Price Prediction: Smart Contracts Launch May 15 as 18.1M Pioneers Complete KYC

The daily chart is straightforward. PI has been grinding along a rising trendline support since bottoming near $0.134 in February, but every EMA above is still bearish and stacked overhead. The 20 EMA at $0.1761 and 50 EMA at $0.1774 are both just above current price, acting as the first ceiling. The 100 EMA at $0.1838 is next, followed by the 200 EMA at $0.2358, the macro resistance level that capped the April rally near $0.30.  The Parabolic SAR at $0.1941 sits above price and remains bearish, meaning the daily trend has not technically flipped yet. Price needs a clean close above $0.1774 to begin reclaiming the EMA stack, and above $0.1941 to flip the SAR bullish.  The March spike to $0.30 showed PI can move fast when a catalyst lands. The question is whether the May 15 upgrade delivers the same reaction.  Key levels:Resistance: $0.1761 (20 EMA), $0.1838 (100 EMA), $0.1941 (SAR), $0.2358 (200 EMA)Support: Rising trendline near $0.1670, $0.134 February lowBreakout trigger: Daily close above $0.1941  Three Catalysts Before Thursday: CPI, Fed Chair, Smart Contracts  US CPI drops today, May 12. When the March print came out on April 10, PI dropped 3.78% in the three days that followed. If todays number comes

05-12Industry
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