Latest Crypto News & Market Updates

Anthropic Eyes $900B Valuation as OpenAI Funding Race Builds

Anthropic is discussing up to $50B at a possible $900B valuation, FT sources reported.The funds would support wider compute capacity as demand for Claude continues to grow.The round could strengthen Anthropic against OpenAI as both firms seek more AI capital.　　Anthropic could become the most valuable private AI company if its reported funding talks succeed. The Claude developer is considering a round of up to $50 billion at a possible $900 billion valuation, though the deal has not been finalized.　　The company has not commented on the report. A completed round at that level would place Anthropic above OpenAI, which reached an $852 billion post-money valuation after its $122 billion March financing round.　　Anthropic Fundraising Push Builds Speed　　According to a report, Anthropic is seeking capital to expand its computing capacity. Frontier AI companies need large infrastructure budgets to train and operate advanced models. Rising demand for Claude has added more weight to the companys funding plans.　　An investor cited in the report said Anthropic continues to draw strong interest from potential backers. The investor suggested that funding is available, but the next step depends on the companys decision to proceed.　　Revenue growth is strengthening Anthropic‘s valuation argument. Sources cited in the report said the company’s

05-10Industry

US-Iran standoff disrupts Persian Gulf shipping, impacts Asian supply chains

## Market Snapshot The market “Iranian Demands Trump Will Agree To” is currently priced at decreased odds for a YES outcome, reflecting a drop in likelihood. The WTI Crude Oil market, meanwhile, shows increased probabilities of hitting $150 in May, with YES priced at 44.0%.　　## Key Takeaways – The news appears to suggest ongoing tensions between the U.S. and Iran, impacting market sentiment on Trumps likelihood to agree to Iranian demands. – Disruptions in the Persian Gulf may indicate increased oil prices, consistent with higher YES pricing for WTI crude hitting $150. – The Bab el-Mandeb Strait market is unaffected, consistent with the lack of new developments specific to that waterway.　　## Article Body The standoff between President Trump and Iran has significantly disrupted shipping in the Persian Gulf, leading to supply chain shocks that are reverberating through Asia. This geopolitical tension has notably elevated costs for farmers in South and Southeast Asia, as diesel and fertilizer prices surge due to the halted shipping routes in the Strait of Hormuz. Although a ceasefire was declared earlier in May 2026, hostilities persist, with Iran asserting control over the waterway and the U.S. maintaining a naval blockade. The conflict has led to significant

05-10Industry

Evernorth Says XRP’s Real Story Is Institutional Plumbing

s Institutional Case Depends on Infrastructure, Evernorth Says　　Evernorth, an treasury company building its strategy around long-term participation in the ecosystem, has asserted that s most important institutional story is not price action, exchange-traded fund (ETF) demand, or tokenization headlines. In a blog post by Chief Business Officer Sagar Shah on May 8, the firm said the Ledgers deeper shift is happening in the infrastructure that regulated capital needs before it can operate on public rails.　　Recent XRPL upgrades support that view. Multi-Purpose Tokens brought compliance controls into tokenized assets, including KYC requirements, transfer limits, allowlists, freeze controls, and clawback functions. Permissioned Domains added restricted environments for approved wallets. Token Escrow expanded settlement tools, while Permissioned created controlled trading venues for approved counterparties. Shah said:　　“The most overlooked development on right now is the institutional plumbing, not a price chart, ETF flows, or a tokenization headline.”　　That framing moves XRP away from a hype-driven market narrative. Evernorth presents XRPL as a network being shaped around compliance, settlement, custody, lending, and privacy. Those functions matter because banks and asset managers need controlled access, clear counterparties, auditable transactions, and lower settlement risk before moving serious capital on-chain.　　XRPL Upgrades Add Compliance, Settlement, and Privacy Features　　Privacy and lending

05-10Industry

SEI looks ready to break $0.0694 resistance - Can bulls push toward $0.080?

Selling pressure steadily faded after Sei [SEI] established a firm floor between the $0.050 and $0.052 range during early April. A rounding bottom gradually formed afterward, signaling buyers were slowly absorbing weakening sell-side liquidity beneath the surface.　　Momentum strengthened further once the $0.0563 resistance flipped into support, which later became the launchpad for the breakout.　　Before the expansion, price briefly dipped below the $0.055 support zone, likely sweeping weaker positions and unlocking liquidity for continuation higher.　　Source: SEI/USDT on TradingView　　The move then accelerated toward the $0.0694 resistance while maintaining minimal retracement across the 4-hour structure.　　Meanwhile, rising green volume confirmed genuine capital inflows rather than temporary low-liquidity spikes as the RSI approached the 70 overbought threshold.　　SEI retracement tests breakout structure　　After SEIs aggressive expansion toward the $0.0694 resistance, momentum gradually shifted into a controlled retracement phase. Price initially faced sharp rejection near $0.0694 before retracing toward the 38.2% Fibonacci support around $0.0657.　　Source: SEI/USDT on TradingView　　This zone now acts as the markets immediate strength test because strong bullish structures usually defend shallow pullbacks quickly.　　If buyers maintain control above $0.0657, momentum may rebuild toward another retest of the $0.0694 high. A successful breakout there could expose it toward the psychological $0.080 region.　　Meanwhile, RSI cooled toward 55.85 after

05-10Industry

Global gold ETFs see $6.6B in April inflows, reversing March outflows

Gold ETFs just pulled off one of the more dramatic U-turns in recent memory. After hemorrhaging $12B in net outflows during March, global gold-backed exchange-traded funds attracted $6.6B in fresh capital in April.　　What drove the reversal　　A weakening US dollar made gold cheaper for international buyers. Falling oil prices added another layer of support. Central banks continued their multi-year gold shopping spree, with sovereign buyers accumulating physical gold reserves.　　Golds bigger picture is still remarkable　　Gold has gained approximately 210% since October 2023. The metal recently experienced a correction of 16.5% from its highs, which likely contributed to Marchs outflow spike.　　The tokenized gold angle adds a new wrinkle　　While traditional gold ETFs were staging their comeback, Binances gold futures contracts, launched in January, surpassed $100B in cumulative trading volume, with daily peaks hitting $6.6B.　　Equity ETFs captured $7.1B during the same period, meaning gold ETFs were running nearly neck-and-neck with stocks in terms of attracting new capital. Digital asset funds faced $317M in daily net outflows.　　Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

05-10Industry

8 Months To Go: Here’s How Bitcoin Could Trend In 2026 – Analyst

Bitcoin is presently trading above $80,000, as market bulls sustain the rebound from early April. However, the flagship cryptocurrency remains firmly in bear-market territory, down roughly 37.5% from its all-time high. Amid the ongoing rally, crypto analyst Aralez has outlined a potential price trajectory for the remainder of 2026, highlighting the key macroeconomic and market catalysts likely to shape Bitcoins next major move.　　Bitcoin To Fall Again, Cycle Bottom Likely In Q3 　　In an X post on May 8, Aralez shares an interesting Bitcoin price prediction for the last eight months of 2026. While prices have gained by 13% in the last month, the market pundit predicts that Bitcoin should eventually move towards the $60,000 before the present quarter expires. The projected price retrace is expected to coincide with a decline in the S $6.8k– Panic takes over market　　Q3:　　– BTC forms cycle bottom + accumulation begins– New Fed chair + early rate cut signals– Distrust in crypto reaches peak levels– S $5.9k…　　— Aralez (@0xAralez) May 8, 2026　　Moving into Q3, Aralez foresees a much-anticipated cycle bottom, where sell-off should have slowed down as long-term investors begin to boost their holdings. Nevertheless, there would still be general distrust of Bitcoin, with sentiment mostly

05-10Industry

Seven major Bitcoin mining pools join Stratum V2 working group

Seven of the biggest names in Bitcoin mining just agreed to sit at the same table. AntPool, Block Inc., F2Pool, Foundry, MARA Foundation, SpiderPool, and DMND have all joined the Stratum V2 working group, a collaborative effort to overhaul the communication protocol that mining pools use to coordinate with individual miners.　　What Stratum V2 actually changes　　Since 2012, Bitcoin mining pools have communicated with their miners using a protocol called Stratum V1. The problem is that V1 was designed in a different era, and it shows.　　Stratum V1 sends data in plaintext, meaning its vulnerable to eavesdropping and manipulation. More importantly, V1 gives mining pool operators exclusive control over block template construction. In English: the pool decides which transactions go into a block, not the individual miners contributing hashpower.　　Stratum V2 flips several of those dynamics. The upgraded protocol introduces end-to-end encryption, more efficient fleet management for large-scale operations, and, critically, the option for individual miners to build their own block templates.　　The working group itself was founded in 2022 by Braiins and Spiral, Block Inc.s Bitcoin development arm, with the goal of creating a vendor-neutral open standard. The addition of seven major pools transforms it from a niche initiative into something resembling an industry

05-10Industry

Top Five Crypto News That You Shouldn’t Miss

CLARITY Act heads toward crucial Senate vote as U.S. crypto regulation discussions gain fresh momentum.Strategy signals possible Bitcoin sales despite holding nearly 3.9% of the total BTC supply globally.Revolut users panicked after an app glitch briefly showed Bitcoin crashing from $80K to $0.02.　　The crypto market stayed relatively calm today, with most major cryptocurrencies trading sideways after recent volatility. The total crypto market cap climbed to nearly $2.69 trillion, while Bitcoin, Ethereum, XRP, and Solana all posted small gains between 1% and 2%.　　Here are the five biggest crypto stories that shaped the market today.　　CLARITY Act Moves Toward Major Senate Vote　　One of the biggest stories today came from the Digital Asset Market CLARITY Act, which officially moved closer to a crucial Senate Banking Committee vote scheduled for May 14.　　The crypto industry has been waiting months for movement around crypto market structure legislation, making this one of the most closely watched developments in recent weeks. Senator Cynthia Lummis quickly reacted after the announcement, publicly urging lawmakers to pass the bill through committee.　　Although the committee vote does not make the bill law immediately, it represents the biggest Senate checkpoint the CLARITY Act has reached so far. If approved, the legislation would still require a

05-10Industry

Tom Lee forecasts Ethereum at $12,000 while Bitmine sits on billions in paper losse

Tom Lee has projected that Ethereum could climb to $12,000 by the end of 2026, delivering one of the most bullish forecasts unveiled during the Consensus 2026 conference in Miami.　　Speaking during a keynote session, the Bitmine Immersion Technologies chairman outlined an optimistic outlook for the broader digital asset market, while mentioning the firm‘s ambitious strategy to accumulate 5% of Ethereum’s total circulating supply.　　The company currently holds more than 5.18 million ETH, despite the position reportedly being associated with billions of dollars in unrealized losses.　　The Ethereum prediction　　Lee set year-end targets for both major cryptocurrencies at the conference. He projected Bitcoin (BTC) could trade between $150,000 and $200,000, while Ethereum could reach new all-time highs in the $9,000 to $12,000 range.　　Lee based the outlook on his view that the prolonged downturn in crypto markets has ended. “Crypto Spring, in our view, has commenced, and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen,” he said at the Miami event.　　He pointed to the capitulation among retail traders earlier this year as a contrarian signal. In March 2026, Lee argued that widespread “rage quitting” by retail traders was a classic indicator of a market bottom. “You know

05-10Ethereum

Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000

Bitcoins price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the current Bitcoin price action is playing out a bull trap the market has seen before and that the setup is pointing to a destination that sees the cryptocurrency crashing by almost 50% from current price levels.　　Bitcoin Mirrors Key Stepping Stones From 2022 Bear Cycle　　Chiefy‘s analysis centers on a structural comparison between Bitcoin’s current price sequence and the step-by-step decline that defined the 2022 bear market. The framework identifies a pattern of bear cycle stepping stones, which is a series of lower highs and lower lows dressed up as recoveries on the weekly candlestick timeframe chart.　　This analysis is in reference to Bitcoins price action since it broke above $82,000 earlier in the week. Bitcoin is pressing into the 1-day 200 moving average, a zone that has already acted as resistance during a previous failed recovery attempt in January 2026.　　The analyst also pointed to the 1-week 200 moving average at the lower support region and the 1-month 350 moving average below it, suggesting that a breakdown could force BTC through multiple long-term trend levels

05-10Industry

...

618620

...

1000