Hungarian Forint: Rally against Euro seen extending – ING

Finance  Hungarian Forint: Rally against Euro seen extending – ING  ING‘s Frantisek Taborsky says Central and Eastern European (CEE) FX is benefiting from positive global sentiment, with EUR/HUF breaking to new lows below 355. Markets expect Hungary’s new Prime Minister Peter Magyar to unlock EU funds and advance Euro adoption. Despite stretched long positioning, Taborsky sees the pair reaching the 350 mid-year forecast earlier, though he warns optimism could fade without concrete fiscal and EU-funds plans.  CEE FX buoyed by Hungary optimism  “Along with all emerging markets, CEE FX is enjoying the positive sentiment coming from the global story.”  “EUR/HUF broke another record low last week, closing below 355 on Friday.”  “Despite the already heavy long positioning, it seems that the market has no problem moving forward and our mid-year forecast at 350 will probably be reached earlier than we expected.”  “On the other hand, the appointment of the PM itself may herald the end of positive headlines and the market may buy the rumour and sell the fact.”  “Therefore, we believe that the market can ride the wave of optimism for a while longer before it starts to address the details here.”

05-11Industry

Tesla (TSLA) Stock Eyes $500 Mark as China FSD Rollout Fuels Rally

Tesla, Inc., TSLA  The previous week‘s appreciation wasn’t triggered by significant analyst upgrades or revised price targets from major financial institutions. Rather, market participants have been monitoring Elon Musk‘s X platform for hints regarding Tesla’s strategic initiatives.  Messages circulating on X indicate Tesla may be approaching a Full Self-Driving system debut in the Chinese market. The company hasnt officially verified these claims.  FSD maintains a subscriber base exceeding one million users domestically, priced at $99 monthly. Tesla disclosed 1.3 million FSD subscriptions during Q1 2026, representing growth from approximately 850,000 subscribers twelve months prior.  China represents the planets largest electric vehicle marketplace, with Tesla already deriving over 20% of yearly revenues from the region. A Chinese FSD introduction would establish an additional recurring revenue channel.  Expansion Potential in China and FSD Momentum  The Chinese electric vehicle sector presents enormous opportunities, and a triumphant FSD deployment would meaningfully augment an already expanding subscription portfolio.  Teslas autonomous taxi operation, which debuted in Austin during June, has subsequently extended to four metropolitan areas. The organization is also anticipated to reveal the third-generation Optimus humanoid robot before year-end.  These AI-driven businesses represent core components of Teslas future-focused blueprint, and developments — particularly within China — frequently influence share price movements.  Wall Street Maintains

05-11Industry

Ripple Prime Lands $200 Million Credit Facility to Scale Institutional Margin Capabilities

Margin is the collateral that a holder of any financial instrument must deposit with a counterparty to cover credit risks derived from a trade. This credit facility will enable Ripple Prime to accommodate larger trading activity from institutional investors, who can now tap into more across their financial bets in , traditional equities, and other products.  Riple Prime President Noel Kimmel highlighted the relevance of this development, stressing that the institutions margin capabilities will be leveraged across several asset classes, enhancing the utilization of these funds under just one roof.  “This is the future of prime financing — one structure, one credit line, across the major asset classes. Our clients don‘t operate with siloed risks or portfolios. It’s time their financing infrastructure reflects that,” he stressed.  Ripple Prime aims to be ready for the next expansion in crypto trading as competitors gear up to offer similar services, with State Street and Standard Chartered preparing crypto trading brokerages.  The credit facility marks a major expansion for the brokerage, which just launched U.S. trading in November 2025, combining its own licences with Hidden Road solutions. Hidden Road was acquired by Ripple in 2025 for $1.25 billion in one of the largest acquisitions in the crypto industry.  The

05-11Industry

Crypto Market News Today: BTC Price Corrects While Ethereum & Altcoins Display Strength

Bitcoin Crypto Ethereum  Crypto Market News Today: BTC Price Corrects While Ethereum & Altcoins Display Strength  The post Crypto Market News Today: BTC Price Corrects While Ethereum & Altcoins Display Strength appeared first on Coinpedia Fintech News  The crypto market has turned mildly bullish after recovering from recent lows, with the global market cap and trading volume witnessing a brief rise. The Bitcoin price reclaimed higher levels over the weekend, while the Ethereum price continues to trade strongly near $2,350 despite facing a crucial resistance zone.  Among the top altcoin gainers, the SUI price led the rally with a strong breakout fueled by rising buying pressure. Tokens like Osmosis, Octra, and MEME HORSE also posted notable gains, reflecting improving sentiment across the altcoin market.  After a bullish weekend, the crypto market has entered a consolidation phase at the start of the weekly trade. If Bitcoin, Ethereum, and major altcoins fail to break above key resistance levels in the coming days, a minor correction could follow before the next major move.  24-Hour Crypto Recap: Bitcoin & Ethereum Maintain Bullish Structure  The Bitcoin price is currently trading around $80,700, following a pullback from the intraday high at around $82,380. The volume also increased moderately while the market cap remained

05-11Ethereum

Ethereum’s $2,450 test: breakout signal or another trap?

Ethereum (ETH) traded at $2,330 at the time of writing, with a 24-hour range between $2,320 and $2,380, according to crypto.news price data. Ethereums Binance leverage ratio fell sharply as traders cut positions before another resistance test.ETH remains trapped below $2,450, leaving spot demand central to any confirmed breakout.Analysts are split, with some seeing lower leverage as healthier market positioning.  The asset remained below the $2,450 area, which traders have watched as the top of its recent range.  ETH has moved between $2,250 and $2,450 for nearly a month after rebounding from its February low. The pause has drawn attention from derivatives traders, as the market tries to decide whether the recent recovery has enough demand to continue.  Binance leverage cools before breakout attempt  CryptoQuant analyst Darkfost said Ethereum‘s open interest rose by about $4.5 billion during the prior rally. He linked that rise to a return of derivatives activity after ETH’s sharp move from the February bottom.  Darkfost also said ETHs estimated leverage ratio on Binance fell from a March peak of 0.76 to 0.57 as price tested resistance again. He wrote that the reset is “not necessarily a bearish signal,” but that view depends on whether spot buyers step in.  Analysts split on ETHs

05-11Ethereum

EU lawmakers agree provisional deal on simplified AI rules

Tech  EU lawmakers agree provisional deal on simplified AI rules  The European Council and European Parliament reached a provisional agreement last week on a proposal to “streamline” certain rules regarding artificial intelligence (AI), including delaying their implementation, reducing requirements for certain businesses, and increasing focus on reducing harm to children.  The proposal to change certain aspects of the European Union‘s AI Act, which entered into force in August 2024, forms part of the EU’s so-called “Omnibus VII” legislative package put forward by the bloc‘s executive body, the European Commission, with the aim of simplifying the EU’s digital legislative framework.  Since February 2025, as a follow-up to a call from EU leaders for a streamlining of incoming legislation, the Commission put forward 10 “Omnibus” packages aiming to simplify existing legislation across a range of areas, including sustainability, investment, agriculture, defense, environment, the automotive sector, food safety, and AI.  These packages went to the EUs co-legislators, the European Council and Parliament—the former being the body that sets the overall political direction of the EU, while the latter represents EU citizens and helps pass laws—to be amended and agreed upon.  Streamlining AI rules  In terms of AI, the Commission proposed to adjust the timeline for applying rules on high-risk AI

05-11Industry

TRUMP memecoin team moves 4.9mln tokens - Can $2.3 still hold?

Tech  TRUMP memecoin team moves 4.9mln tokens – Can $2.3 still hold?  After the transfer, the same wallet deposited 7 million TRUMP worth $17.22 million to BitGo. This wallet has recently become active, depositing 7.5 million TRUMP, worth $21.8 million, over the past three weeks.  Source: Arkham  After the latest movement, the wallet still held around 1.5 million TRUMP, worth about $3.6 million. Given its recent deposit pattern, further transfers remain possible, though the wallets next move cannot be confirmed yet.  Previous deposits from related wallets have raised sell-off concerns, but the latest transfer does not confirm immediate selling.  With team-linked wallets moving large amounts during a period of weakness, the activity has raised fresh concerns around supply pressure. It could reflect operational funding needs, but it may also feed fears of reduced confidence among insiders.  Large team-linked transfers often add pressure to weak markets, especially when traders expect those tokens to reach trading venues.  Trumps sell-side activity hits heating levelsSource: CryptoQuant  Source: CryptoQuantMore losses ahead for the memecoin?  TRUMP has continued to hover around $2.4, and even with the latest token transfer, the memecoin barely moved.  Despite no significant price movement, the memecoin‘s downward momentum remains elevated. In fact, the memecoin’s Balance of Power indicator has remained negative, currently around

05-11Industry

IonQ (IONQ) Stock Gains as SkyWater Shareholders Green-Light Acquisition

IonQ, Inc., IONQ  While the shareholder approval eliminates a critical obstacle, it doesnt finalize the transaction. Both companies must still secure regulatory clearances and fulfill customary closing requirements before the deal can be consummated.  According to SkyWaters announcement, the merger remains on schedule for completion during the second or third quarter of 2026.  IONQ stock posted gains in response to the news, rising 3.27% on Friday to settle at $49.24. The equity has fluctuated between $25.89 and $84.64 throughout the trailing 52-week period.  SkyWater maintains semiconductor fabrication and advanced packaging operations across Minnesota, Florida, and Texas. The companys client roster includes defense contractors, and its technical capabilities span various cutting-edge technology sectors, including quantum computing applications.  For IonQ, this acquisition represents a strategic move toward vertical integration. Controlling a domestically-based semiconductor foundry positions the company to better accommodate customers requiring domestic manufacturing capabilities and military-grade production protocols.  Institutional Investment Activity Accelerates  Numerous institutional investors have expanded their IONQ positions during recent reporting periods. F m Investments LLC increased its ownership by 60.5% during the fourth quarter, purchasing an additional 16,422 shares to reach a total holding of 43,587 shares worth approximately $1.96 million.  Additional institutional players have similarly increased their allocations. Stone House Investment Management expanded its position

05-11Industry

Mixero Crypto Mixer Brings Monero-Level Privacy to Bitcoin and Ethereum

Mixero has expanded Advanced Mode with Monero-based routing for BTC and ETH, giving users a stronger privacy path across two major public blockchain networks.  Mixero, a crypto privacy service for public blockchains, has expanded Advanced Mode across Bitcoin and Ethereum flows. The feature routes assets through Monero before settlement on a fresh receiving address, adding a privacy step built around one of the most established privacy coins in crypto.  Advanced Mode Adds Monero Routing for BTC and ETH  Mixero Advanced Mode uses an XMR bridge for stronger transaction privacy. The platform supports ETH mixing and gives users a Monero-based route for stronger separation between entry and exit activity. Mixeros FAQ explains the Advanced Mode path as BTC to XMR and back to BTC through auto-generated wallets.  The same privacy concept now applies to Ethereum. Users can route ETH through a Monero-based privacy path before receiving ETH on a fresh address. This extends Mixeros strongest privacy option beyond Bitcoin and into a network where wallet activity, balances, and transaction history are widely visible through block explorers.  Why Monero Strengthens Transaction Privacy  Bitcoin and Ethereum use public ledgers. Transaction data becomes part of a shared blockchain record, and Ethereum block explorers allow anyone to view real-time data on

05-11Ethereum

Dogecoin Price Prediction: DOGE Weakens Near Key Support

Tech  Dogecoin Price Prediction: DOGE Weakens Near Key Support  Dogecoin is back near a long-term support zone that has marked major reaction areas in past cycles. The latest charts show DOGE holding near rising channel support, while low momentum and compression keep the cycle-bottom setup in focus.  Dogecoin Tests Long-Term Channel Support as DOGE Returns to Key Zone  Dogecoin is trading near the lower boundary of a long-term rising channel, according to the chart shared by Bitcoinsensus. The DOGE chart shows price near $0.095, close to a support area that has acted as a reaction zone several times in past cycles.  Dogecoin Tests Long-Term Channel Support. Source:  The channel stretches back to 2014 and shows DOGE moving inside a broad upward structure. Previous touches near the lower boundary led to strong rebounds, while moves toward the upper boundary marked major cycle highs.  This latest test matters because DOGE has returned to the same lower trendline after pulling back from its 2024 and 2025 highs. If buyers defend this area, the chart keeps the long-term channel structure active.  However, a break below the lower boundary would weaken the setup. It would show that DOGE failed to hold the support line that shaped the wider trend for years.  For now, the

05-11Industry
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