Latest Crypto News & Market Updates

AI predicts Nvidia stock’s next record high date

To determine when Nvidia stock might reach another record, Finbold sought insight from OpenAIs ChatGPT, which outlined several possible scenarios.　　ChatGPT identified Nvidias upcoming earnings report as the most likely catalyst for another breakout, noting that the chipmaker has historically experienced sharp price swings following earnings releases.　　The AI model projected that if Nvidia delivers another strong earnings beat and raises forward guidance, the stock could climb toward the $230 to $245 range shortly afterward.　　The forecast also highlighted continued AI infrastructure spending from major technology companies, including Microsoft, Amazon, Meta Platforms, and Alphabet as a key factor supporting Nvidias bullish outlook.　　According to ChatGPT, Nvidias technical structure remains favorable as long as the stock stays above breakout support near $205.　　The model noted that momentum indicators are elevated but not yet at the extreme levels that historically preceded major tops, suggesting there may still be room for further upside before a larger correction emerges.　　The AI-generated outlook also warned that volatility around Nvidia‘s earnings release could increase because the company has become one of the market’s most crowded AI trades.　　As a result, even strong earnings could trigger short-term profit-taking if investors believe expectations have become too aggressive.　　NVDA stock next high　　Even so, ChatGPTs overall outlook favors

05-10Industry

Billie Eilish Lands A 99% Rotten Tomatoes Score, Certainly A First

Im not sure I can think of two more disparate names in Hollywood than 24-year-old pop musician Billie Eilish and 71-year-old director James Cameron, but throw all their Grammys and Oscars in a pile, and they probably would not fit on a floating door. But now the two have combined for what is looking to be a fantastic theatrical experiment, racking up top scores from critics and audiences on Rotten Tomatoes.　　The project is and the end of that may indicate how James Cameron is involved, also known as the only man making 3D movie-watching worthwhile in the last two decades, thanks to his out-of-this-world tech few can emulate. Now he‘s applying it to a concert show. But he’s not even the sole director, as Billie has co-directed it with him.　　As it stands, has a stellar 93% Rotten Tomatoes score with over 50 reviews in. And then a 99% Rotten Tomatoes score from audiences as they show up to theaters over the course of this weekend. Cameron explained the idea behind the project to the New York Times, which was idea, it turns out, after following Eilishs concerts and career:　　“Cameron‘s goal was simple. ”We were just going to basically be surveillance

05-10Industry

Senate Banking Committee schedules markup for crypto legislation on May 14

The Senate Banking Committee has scheduled a markup of the Digital Asset Market Clarity Act for May 14, setting up the most consequential week for crypto regulation on Capitol Hill in months. The bill, commonly known as the CLARITY Act, would draw firm jurisdictional lines between the SEC and CFTC over digital assets.　　Getting here required clearing a sticking point that had stalled negotiations for weeks: whether stablecoins should be allowed to offer yield to holders. Senators Thom Tillis and Angela Alsobrooks hammered out a compromise on the issue, removing what had been the single biggest policy obstacle to bringing the bill before the committee.　　What the CLARITY Act actually does　　The bill establishes which digital assets fall under SEC jurisdiction as securities and which ones the CFTC oversees as commodities. The CLARITY Act first passed through the House, where it gained enough bipartisan momentum to move forward. The Senate version now incorporates the Tillis-Alsobrooks stablecoin yield compromise, which addressed concerns from both traditional finance lobbyists worried about competition and crypto-native firms eager to offer interest-like returns on dollar-pegged tokens.　　The stablecoin yield question matters because it sits at the intersection of banking law and securities law. If stablecoin issuers can pass through yield

05-10Industry

ARK Invests Cathie Wood forecasts lower inflation, rallying dollar driven by AI deflation

While most of Wall Street spends its time worrying about stagflation, Cathie Wood is reading a completely different script. The ARK Invest CEO has been making the case that US inflation is not just falling, but falling dramatically faster than consensus expects, with real-time data suggesting the core inflation rate sits around 1%.　　The numbers behind the call　　Wood‘s argument starts with data most economists aren’t watching closely enough. According to Truflation, a real-time inflation tracker that pulls from millions of data points rather than the Bureau of Labor Statistics lagging methodology, US CPI inflation is running at just 0.86% year-over-year.　　Core inflation, which strips out volatile food and energy prices, is sitting at roughly 1%. The housing market, typically one of the stickiest components of inflation, is showing minimal price pressure.　　Wood has projected that official CPI readings will “surprise on the low side” over the next six to nine months. Her thesis centers on AI-driven deflation. As artificial intelligence tools become embedded across industries, they drive productivity gains that reduce the cost of goods and services.　　ARKs research puts productivity growth at approximately 3%, with capital expenditures hitting a 30-year high. Companies are spending aggressively on technology infrastructure, and that spending is starting

05-10Industry

$1B exits Arbitrum, but ARBs price keeps climbing higher - Whats next?

Arbitrum [ARB] extended its bullish momentum over the past 24 hours, climbing 13% even as on-chain liquidity across the network continued to deteriorate.　　While the broader crypto market has recently shifted toward a stronger risk-on environment, ARBs rally appears increasingly disconnected from underlying liquidity conditions.　　Instead of being supported by fresh capital inflows into the ecosystem, the move is largely being driven by spot market demand and short-term accumulation activity.　　That divergence now places the asset in a vulnerable position as it approaches a critical supply-heavy resistance zone that could determine whether the rally sustains or reverses.　　On-chain liquidity weakens despite price growth　　Arbitrums recent price expansion has not been matched by growth in key on-chain liquidity metrics. Both Total Value Locked (TVL) and stablecoin supply across the network have continued to decline, reflecting weakening capital participation within the ecosystem.　　TVL, which tracks the total amount of assets locked across decentralized finance protocols on the network, often serves as a measure of investor confidence and ecosystem activity. Sustained declines typically indicate capital rotation away from the chain.　　Since tje 18th of April, approximately $449 million has exited Arbitrum‘s TVL. The scale of the outflow suggests that broader market conviction around the ecosystem remains fragile despite ARB’s recent

05-10Industry

Ondo Price Prediction: JPMorgan and Mastercard Just Settled a Treasury on the XRP Ledger in Under 5 Seconds

Tech　　Ondo Price Prediction: JPMorgan and Mastercard Just Settled a Treasury on the XRP Ledger in Under 5 SecondsOndo, JPMorgan, Mastercard, and Ripple settled a tokenized Treasury on the XRP Ledger in under five seconds, outside banking hoursONDO spiked to $0.488 before pulling back, blowing through all four EMAs in a single daily candle for the first time since October 2025Daily active addresses hit 3,200 on May 8, the highest in 30 days, as real network activity confirmed the move　　Ondo trades at $0.417 on May 9, down from a $0.488 intraday high, after JPMorgan, Mastercard, and Ripple settled a tokenized US Treasury on the XRP Ledger in under five seconds and broke every bearish EMA structure on the daily chart in one candle.　　Ondo Daily Chart: Six Months of Downtrend Erased in One Session　　ONDO spent six months grinding from $1.05 in October 2025 down to a base near $0.20 in February, with every EMA stacked bearishly above price. Yesterdays spike changed that entirely. Price cut through the 20 EMA at $0.313, the 50 EMA at $0.287, the 100 EMA at $0.305, and the 200 EMA at $0.403 in a single session, closing above all four for the first time since the downtrend

05-10Industry

XRP Faces $1.42 Resistance as Breakout Pressure Builds

Tech　　XRP Faces $1.42 Resistance as Breakout Pressure Builds　　XRP Coiled Under Pressure as $1.42 Resistance Holds — Breakout or Breakdown　　According to market analyst Don Digital Finance, XRP inside a tightening triangle, with resistance becoming increasingly active at every upside test. Repeated attempts to break above the upper trendline near $1.42 have been firmly rejected, while higher lows continue to support price along the lower boundary.　　This ongoing structure reflects sustained compression rather than directional conviction, with neither bulls nor bears fully taking control.　　Each push toward resistance is met with selling pressure that absorbs momentum instead of allowing a clean breakout, while buyers consistently defend dips to preserve the range.　　The result is a narrowing consolidation zone that signals mounting pressure beneath the surface, where the next decisive move is being coiled, but not yet confirmed.　　Key levels are now clearly in focus. A clean break above $1.44–$1.45 would confirm strength and open the door for further upside momentum.　　On the flip side, a drop below the rising support at $1.38–$1.36 would invalidate the current structure and expose a deeper pullback. Currently, price sits at a critical decision point near the triangles apex, where direction is about to be defined.　　What‘s next？ Well, Don Digital Finance notes

05-10Industry

UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production

Tech　　UAE exits OPEC after 59 years, escalating tensions with Saudi Arabia over oil production　　The United Arab Emirates is leaving OPEC. After nearly six decades of membership, the Gulf state announced its departure from the oil cartel, effective May 1, 2026. The UAE was OPECs third-largest producer, sitting on spare capacity estimated at 3 to 3.5 million barrels per day.　　A feud decades in the making　　The tension between the UAE and Saudi Arabia over oil policy isn‘t new. It has roots stretching back to the 1950s Buraimi dispute, a territorial conflict over a desert oasis suspected of containing vast oil reserves. The late journalist David Holden documented how Saudi Arabia attempted to bribe a prince of the UAE’s al-Nahyan family to cede control of the territory. When that failed, an invasion followed.　　The breaking point appears tied to broader geopolitical disagreements. The two Gulf states have adopted contrasting stances on Iran and the conflict in Yemen. The UAE has also been quietly preparing its infrastructure for independence from Saudi-influenced chokepoints. It has built a 249-mile bypass pipeline to the Gulf of Oman, specifically designed to reduce reliance on the Strait of Hormuz, the narrow waterway through which roughly a fifth of the worlds

05-10Industry

Trump administration appeals court ruling that declared tariffs unconstitutional

Tech　　Trump administration appeals court ruling that declared tariffs unconstitutional　　The Trump administration is taking its tariff fight to the highest court in the land after a federal appeals court ruled that its sweeping import duties lack constitutional authority. The stakes are enormous: roughly $107 billion in customs revenue collected between February and July 2025 could be on the line.　　The US Court of Appeals for the Federal Circuit ruled 7-4 on August 29 that tariffs imposed under the International Emergency Economic Powers Act, known as IEEPA, are unconstitutional. The court said the president doesnt have the legal right to impose tariffs on imports using an emergency powers law that Congress never intended for trade policy.　　The legal math is not in the administrations favor　　Out of 15 judges across three separate federal courts who have weighed in on the question, 11 have ruled against the administrations authority to impose tariffs under IEEPA.　　The Federal Circuits decision is temporarily stayed until October 14, 2025. The Justice Department filed for expedited Supreme Court review on September 4, just days after the ruling dropped.　　The tariff programs affected by the ruling include the administrations “Reciprocal Tariffs” and “Trafficking and Immigration Tariffs” that have been directed at Canada, Mexico, and

05-10Industry

Banks try to kill the CLARITY Act

The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14.Five major banking groups jointly rejected the Tillis-Alsobrooks stablecoin yield compromise, calling it insufficient days before the May 14 markup.Senators Lummis and Tillis publicly defended the deal, warning that banking opposition may be aimed at killing the CLARITY Act altogether.Prediction markets currently price the bills odds of becoming law in 2026 at over 60%, with the White House targeting a July 4 presidential signature.　　The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial Services Forum, and the Independent Community Bankers of America issued a joint statement this week rejecting the compromise stablecoin yield language drafted by Senators Thom Tillis and Angela Alsobrooks. The coalition said the proposed language falls short of its policy goals and leaves dangerous loopholes that could trigger deposit flight from traditional banks.　　The banking groups argue that Section 404 of the CLARITY Act still permits crypto platforms to offer rewards tied to account balances and how long users hold assets, which they say amounts to offering deposit interest under a different name. “Research demonstrates that yield-earning stablecoins could

05-10Industry

...

620622

...

1000