XRP News: Ripples David Schwartz Joins XRP Ledger Foundation As Board Member

Tech  XRP News: Ripples David Schwartz Joins XRP Ledger Foundation As Board Member  In XRP news today, David Schwartz joined the XRP Ledger Foundations Honorary Board Members. It offers the group an opportunity to work with one of the most well-known names in the crypto world.  XRP News: Ripple CTO Emeritus Enters XRP Ledger Foundation  The foundation announced the appointment via its official X post and cited Schwartz‘s years-long participation in the development of the XRP Ledger. “We’re honored to welcome David Schwartz (@JoelKatz) as an Honorary Board Member of the XRP Ledger Foundation.” the organization said.  The non-profit organization also spotlighted Schwartz technical expertise. They noted that his previous work with the blockchain network would benefit in providing better oversight and future development efforts.  “As one of the original architects of the XRP Ledger, David brings deep technical insight and a long-term perspective that will help strengthen the Foundations technical stewardship of the ecosystem,” the statement added.  In another recent XRP news, Ripple CEO Brad Garlinghouse received an honorary award. He was awarded the the ‘Business Leader of the Year’ title by Harvard Business School.  However, a word of caution includes that he XRP Ledger Foundation is not affiliated with Ripple. Instead, it works to promote the

05-12Industry

ADA Price Prediction: $0.32 Breakout Target Within 14 Days Despite Technical Resistance

ADAs Technical Reality Check  Cardano is painting a textbook bullish divergence story that most retail traders are missing. With RSI climbing to 64.46, we‘re seeing genuine momentum building without hitting overbought panic levels yet. The MACD histogram sitting at zero with the main line at 0.0065 tells us we’re at an inflection point where momentum could explode higher.  The real kicker? ADA is trading at 96% of its Bollinger Band range, practically kissing the upper band at $0.28. This isn‘t distribution—it’s accumulation under resistance. When assets spend time near upper bands with rising RSI, they typically break higher rather than collapse back to the middle. The stochastic readings of 77.78/%K and 62.22/%D confirm were in strong uptrend territory but not yet at reversal extremes.  Volume & Price Alignment  The $44.2 million in 24-hour Binance volume tells a compelling story when matched against the 2.44% daily gain. This isn‘t low-volume pump action—it’s sustained institutional interest driving price discovery above the $0.27 pivot. Blockchain.news analysis of similar volume patterns historically shows ADA needs roughly $50-60 million daily volume to sustain moves above $0.29.  What‘s particularly bullish is how cleanly ADA is trading above all short-term moving averages. The SMA 7 at $0.27, SMA 20 at $0.26, and

05-12Industry

Corpay adds stablecoin wallets via BVNK deal

Corpay has launched stablecoin wallets for its 800,000 business clients through a new partnership with BVNK.Corpays integration with BVNK lets clients hold, send, receive, and convert stablecoins alongside fiat balances inside its platform.The S&P 500 firm processes over $12 billion in corporate payments and $26 billion in FX volume monthly across 145 currencies.Corpay will also integrate stablecoin rails into its own treasury operations to reduce reliance on pre-funded accounts.  Corpay (NYSE: CPAY) has announced a partnership with stablecoin infrastructure platform BVNK to provide embedded stablecoin wallets and settlement capabilities to its global client base. Clients can now view stablecoin balances alongside fiat inside Corpays platform and access payment rails that operate beyond traditional banking hours.  Corpay serves more than 800,000 clients worldwide, processing over $12 billion in corporate payments and $26 billion in foreign exchange volume every month across more than 145 currencies. The new wallet integration brings always-on settlement directly to that network.  What the BVNK partnership delivers  Mark Frey, Group President of Corpay Cross-Border Solutions, said the company needed faster liquidity at scale. “Stablecoins introduce a 24/7 settlement capability that strengthens our existing infrastructure. BVNK provides the technology and compliance framework we need to deliver this securely and at scale.”  Jesse Hemson-Struthers, CEO

05-12Industry

Sui Surges 50% on Institutional Interest and Stablecoin Push

“This positions Sui as low-friction rails for payments and liquidity and also attractive to agentic AI payments. The Nasdaq angle is also notable: it puts SUI in the same public company treasury/equity market access group as BTC, ETH, SOL and others, signaling growing institutional comfort,” McMillin added.  “Sui is shifting from promising L1 or high-beta play to actual adoption story. The combo of institutional staking, zero-fee ambition and regulated futures access is rare among alts. Watch on-chain metrics post-announcement for confirmation.”  At the same time, Abiodun said Friday the Sui networks prediction market DeepBook Predict was going live on the testnet. A March report from Bitget Wallet and Polymarket found that prediction markets are among the most active on-chain applications, with $25.7 billion in trading volume that month.  Rallys success depends on execution, rollout  SUI has settled at around $1.31 as of Monday. McMillin said that in the short term, the token could extend its rally because supply shocks and product news generally sustain momentum.  “We are also in an environment where we are seeing green shoots all over the crypto ecosystem and it looks more and more likely the bear market hibernation is over,” he said.  “Medium-term: more uncertain but constructive. Success depends on execution,

05-12Industry

'I don‘t think that’s crazy': Here is why Circle is betting on new $3 billion blockchain

Circles (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued mainly as a stablecoin issuer, or as an infrastructure company building the rails for digital finance?  Alongside its quarterly earnings this week, the company announced a major fundraising round for Arc ahead of a planned summer launch, valuing the network at roughly $3 billion backed by investors including a16z crypto, Apollo, BlackRock and ARK Invest.  While earnings results were mixed, the news resonated well with investors, as Circle shares surged more than 15% on Monday, suggesting the launch addresses a critical compliance gap for Wall Street.  “We have built what we believe will be one of the most institutionally-ready networks in the world, Allaire explained during the earnings call, describing Arc as a system designed to be operated by financial institutions with the ”trust required for global economic infrastructure.  While this move was cheered by the market and some analysts, including Clear Streets Owen Lau, who called Arc a “second growth engine” for the $USDC issuer, there are still questions about the valuation of Circles shares versus Arcs token, as well as rising competition.  The move also comes as Congress advances

05-12Exchange

Zcash Drops to $550 as Traders Defend 33% Weekly Surge and Eye Another Run

On May 11, zcash ($ZEC) fell to $550 after a sharp rally, but the privacy coin remains up 33% in seven days as renewed interest and controversy fuel debate over its future.  Key Takeaways:Zcash ($ZEC) retreated to $550 on May 11 after a surge, maintaining its spot as the top privacy coin.Despite a 7% daily dip, $ZEC is up 33% over 7 days following a $25M funding boost from firms like a16z.Proponents eye a parabolic rally for $ZEC in 2026, though critics warn about shielded pool liquidity.  Zcash Pulls Back After Sharp Rally  Privacy coin zcash ($ZEC) plunged to $550 on Monday, even as renewed chatter about privacy in the crypto world continued to boost interest in the token. Market data shows that after peaking just below $640 on May 9, $ZEC retreated to $550 by 11 a.m. EST on May 11 before recovering slightly to $555.  However, despite the nearly 7% decline over 24 hours, the reversal did not erase most of the gains $ZEC made since May 4, when the privacy coin initially surged from below $420 to $600 in less than 24 hours. Although it slipped below the $550 threshold a day later, $ZEC largely held above that level until now,

05-12Exchange

CoreWeave Stock Analysis: 3 Key Levels After Earnings

CRWV — daily chart with candlesticks, EMA20/EMA50 and volume.CoreWeave stock trend: Daily structure still holds  On the daily timeframe, CRWV closed at 114.15. That is below the 20-day EMA at 115.21, but still above the 50-day EMA at 103.68 and the 200-day EMA at 95.25. In practical terms, the stock has lost immediate trend support. However, it has not broken the larger uptrend structure.  The daily regime remains neutral. That fits a market pausing after a sharp repricing rather than fully reversing. Daily RSI stands at 51.71, which is near the middle of the range. Therefore, momentum looks balanced rather than exhausted in either direction.  Momentum and volatility on the daily chart  At the same time, the daily MACD line at 7.98 has slipped just below the signal line at 8.12. The histogram is slightly negative at -0.14. That suggests upside momentum has faded and that CRWV is still digesting the recent earnings-driven setback.  Notably, price also sits below the daily Bollinger middle band at 118.1, while remaining above the lower band at 103.35. This places CoreWeave stock in the lower half of its recent volatility range. Still, it has not reached a clear washout level on the daily chart.  Daily ATR is 10.19. That is

05-12Industry

Bank of England Chief Flags ‘Coming Wrestle With US on Stablecoin Oversight

In briefBank of England Governor Andrew Bailey warned that U.S. dollar tokens could flood Britain in a crisis.The GENIUS Act lets issuers redeem through exchanges, while the UK regime requires direct 1:1 redemption.The divide will be settled by markets and national rules, not global coordination, Decrypt was told.  Bank of England Governor Andrew Bailey has warned of a “coming wrestle” with the U.S. over standards, claiming Friday that dollar tokens lacking direct redemption could flood Britain during a crisis.  “If we want stablecoins to be part of the architecture of payments globally […] theyre only going to work if we have international standards,” Bailey said at a BoE conference on financial imbalances, as quoted by Reuters. “Frankly, that, I think, is going to be a coming wrestle with the [U.S.] administration.”  “We know what would happen if there was a run on a stablecoin—theyd all turn up here,” Bailey added.  Bailey, who also chairs the Financial Stability Board (FSB), has long warned that dollar-pegged tokens could erode monetary sovereignty, pushing UK banks toward tokenized deposits over stablecoin issuance.  The remarks land alongside a pushback against stablecoins from European Central Bank President Christine Lagarde, who argued even euro-denominated tokens would threaten financial stability and monetary policy

05-12Industry

Europe’s Vault Amid Americas Strategic Retrenchment

AFP via Getty Images  The future of European security has become one of the central geopolitical questions arising from Washington‘s strategic retrenchment. America’s emerging burden-sharing and burden-shifting policy will compel European powers to construct a new continental security architecture – a formidable undertaking given Europe‘s fractured strategic history and uneven military capabilities. Within this evolving landscape, Switzerland’s longstanding posture of neutrality and its position as Europe‘s vault could become increasingly problematic as the post-World War II order erodes faster than a replacement system can emerge. This may create strategic space for Russia to expand its economic and political penetration into Europe’s financial core.  Sergio Ermotti, CEO of UBS Group AG, said on May 6 that Switzerland‘s largest bank needs to expand its business in the United States. Recently, the Swiss legislature decided to review alternative options to the new capital rules proposed by the Swiss Federal Council for UBS, one of the world’s most influential institutions in wealth management, investment banking, and private banking. At issue is whether the government will insist that UBS fully back its foreign units with Common Equity Tier 1 capital – the most expensive and most reliable tier of holdings – or whether it will permit less

05-12Industry

Strategy Grows Bitcoin Stash to 818,869 With 535 BTC Buy

Bitcoin  Strategy Grows Bitcoin Stash to 818,869 With 535 BTC BuyStrategy bought 535 Bitcoin for $43 million between May 4 and May 10.The company now holds 818,869 BTC at an average cost of $75,540 per coin.BTC Yield year-to-date reached 9.44% on the latest purchase.  Strategy added 535 Bitcoin to its corporate treasury between May 4 and May 10, paying approximately $43 million at an average price of $80,340 per coin.  The acquisition, announced by Executive Chairman Michael Saylor on X, takes the companys total holdings to 818,869 BTC as of May 10, 2026.  The purchase was funded through the companys ongoing capital raise programs and continues the weekly buying pattern Strategy has held through most of 2026.  The latest purchase brings Strategys year-to-date BTC Yield to 9.44% and adds to a stack acquired for approximately $61.86 billion in cumulative cost basis.  Strategys Latest Bitcoin Purchase Adds 535 Coins  The 535 BTC purchase is one of the smaller ones Strategy has filed in recent weeks. The transaction was completed at an average price of $80,340 per coin, with the total outlay coming to roughly $42.98 million.  The purchase window covered the seven days between May 4 and May 10, with the filing dated May 11. Strategy has held to

05-12Industry
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