Latest Crypto News & Market Updates

Kevin Warsh becomes Fed chair in 54-45 vote as central bank independence faces new test

Kevin Warsh cleared the Senate on Wednesday and became the next Federal Reserve chair after a brutal 54-45 vote, handing Trump a new central bank chief while the inflation picture is getting uglier.　　Kevin is taking over Jerome Powell at the exact time when Trump wants low interest rates, despite the recent price readings offering little wiggle room for the Fed. Markets do not like these kind of situations because there is politics one way and high inflation on the other hand, along with a new Fed chief stepping into the middle of all this chaos.　　Kevins confirmation came after an election process that started way back in the summer of 2025, when the government began searching for a replacement for Jerome. The 56-year-old man is going to be the 11th Fed chair in the post-war era. However, his confirmation came almost entirely partisan because only Democrat John Fetterman of Pennsylvania supported his nomination.　　Powell will serve his term till Friday, but he does not intend to leave the Fed yet. In fact, he still has two more years of being a Fed governor, and he mentioned last month that he is determined to finish the probe regarding the Fed building renovations first.

05-14Industry

Bitcoin, Ethereum and XRP Price Analysis: What’s Coming Next?

The post Bitcoin, Ethereum and XRP Price Analysis: Whats Coming Next？ appeared first on Coinpedia Fintech News　　Bitcoin continues trading within a well-defined parallel channel, repeatedly testing the upper boundary around $82,000 to $86,000 and facing consistent rejection. The technical concern is a bear flag formation developing since the drop from the $126,000 all-time high.　　Analyst Gareth Soloway, who identified this resistance zone months ago, said the market has reached his target but has not broken through convincingly. The 61.8% Fibonacci retracement of the full decline sits directly at current resistance, which he described as the line in the sand. A sustained move above it opens a test of $86,000 to $87,000. Failure keeps the bear flag intact with downside risk toward prior lows.　　The probability of a downside resolution remains above 50% but has diminished as the flag pattern extends in duration, shifting from roughly 75% to below 70%. Soloway said he has already exited his Bitcoin and Solana positions at current levels.　　Ethereum: Cup and Handle Points to $2,700　　Ethereum continues lagging broader market moves but a potential cup and handle formation is developing on the chart, projecting a move toward $2,700 if the pattern remains intact. The defined failure point is the

05-14Ethereum

Bitcoin and Ethereum ETFs Shed $364 Million as Fidelity and BlackRock Lead Outflows

Monday was not a day of accumulation for the largest crypto spot ETFs in the United States. After weeks of mixed flows and uneven institutional demand, May 12 delivered a sharp combined net outflow of $364 million across Bitcoin and Ethereum products. The numbers strip away the narrative of steady institutional buying and raise questions about short-term conviction among traditional finance allocators.　　According to data from SoSoValue, the original report details that Bitcoin spot ETFs alone bled $233 million. Fidelitys FBTC absorbed the heaviest hit with $86.13 million in net redemptions. That single-fund outflow is notable because Fidelity has been one of the more resilient issuers since the January 2024 launch, consistently attracting flows even when rivals like Grayscale lost assets. A nearly nine-figure daily exit from FBTC suggests that even the stalwarts are not immune to profit-taking or rebalancing.　　Ethereum spot ETFs did not escape the sweep. They posted a combined net outflow of $131 million. BlackRock‘s ETHA accounted for $102 million of that total, a number that stands out given BlackRock’s usually steady accumulation in the Bitcoin ETF lane. ETHA has gathered substantial assets since its debut, but this outflow indicates that large holders are willing to trim exposure when

05-14Ethereum

ECB Philip Lane: Oil shock to require rate hikes

Finance　　ECB Philip Lane: Oil shock to require rate hikes　　The European Central Bank (ECB) Chief Economist Philip Lane crossed the wires, saying that the energy shock caused by the Iran war will require a restrictive policy at a conference in London.　　Lane said that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment,” adding that the response has to be “appropriately forceful or persistent” on　　Lane reaffirmed the ECBs line that “a mid-size but not-too-persistent overshoot could warrant some measured adjustment” while the response had to be “appropriately forceful or persistent” would require a firmer or longer-lasting policy reaction.　　EUR/USD reaction on the headline　　The EUR/USD bounced off around the 1.1700 figure, past the 100-day Simple Moving Average (SMA) of 1.1708, which could open the door for further gains. Up next is the 20-day SMA at 1.1730.

05-14Industry

CZ says he prefers AI “shovels” over AI itself as infrastructure race intensifies

Binance founder Zhao Changpeng (CZ) said he prefers investing in the underlying infrastructure powering artificial intelligence rather than AI applications themselves, framing the current boom as an “infrastructure-first” investment cycle.Binance founder Zhao Changpeng says he favors investing in AI infrastructure such as data centers and energy systems over AI applications.He highlights NVIDIAs dominance in AI chips but expects more customized compute solutions to emerge over time.His investment firm still allocates 70%–80% of capital to Web3, keeping crypto as the core focus.　　Speaking during a Binance online livestream, CZ described his preferred strategy as focusing on the “shovels” of AI — including data centers, power supply systems and large-scale computing infrastructure required to support model training and inference workloads.　　His comments reflect a growing investor narrative that the AI economy is not just about algorithms or software, but about energy, hardware and compute availability at industrial scale.　　AI infrastructure becomes the dominant investment layer　　CZ noted that while NVIDIA currently dominates the AI chip market, the long-term landscape may shift toward more specialized and customized compute solutions tailored to different AI workloads.　　This view aligns with a broader industry trend in which hyperscale data centers, energy infrastructure and semiconductor supply chains are becoming the primary bottlenecks

05-14Industry

Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal

KDDI, one of Japans largest telecom companies, is set to hold a 14.9% stake in local crypto exchange operator Coincheck Group (CNCK) after agreeing to a $65 million deal.　　The telecom giant will subscribe for 28.5 million newly issued Coincheck Group shares at $2.28 each, Coincheck said on Wednesday. The deal is expected to close in June.　　Coincheck and KDDI also signed what both firms called a business alliance covering customer referrals, revenue sharing and referral fees. The companies said the partnership is aimed at expanding crypto access in Japan through KDDI‘s consumer channels and Coincheck’s trading, custody, staking and asset-management services.　　KDDI has been building around crypto and Web3 since at least 2023, when it launched αU, a metaverse and Web3 service with a non-fungible token (NFT) marketplace and crypto wallet.　　The company deepened that push through a capital and business alliance with HashPort, a Japanese Web3 wallet developer. The deal was tied to plans allowing users to convert Ponta loyalty points into stablecoins and crypto, and convert those assets into au PAY gift cards.　　KDDI will receive registration rights for the shares and the right to nominate one non-executive director to Coincheck Groups board at its next annual general meeting, expected in September.　　Coinchecks

05-14Industry

Ledger shelves IPO plans, cites poor market condition reasons

Ledger has officially paused its previously planned IPO and U.S. stock market listing today, citing unfavorable market conditions, according to people familiar with the IPO process.　　The hardware wallet producer has engaged with banking and financial institutions since the year began to advise on the possibility of launching an initial public offering that could value the company at about $4 billion. These financial institutions included Goldman Sachs, Jefferies, and Barclays.　　A confidential S-1 filing with the SEC is usually the first formal step towards a U.S. stock listing, and none has been filed by Ledger till now.　　Ledger is now weighing alternatives, which include raising capital through private funding.　　What is Ledger？　　Ledger designs hardware devices that let crypto holders securely store their tokens offline by securing their private keys which control access to the crypto tokens. The company was founded in Paris in 2014, and reached a valuation of about $1.5 billion in 2023 with annual revenues said to exceed $100 million.　　The demand for hardware wallets has grown alongside rising crypto prices and an increase in security breaches and crypto scams. Blockchain analytics firm Chainalysis estimated that losses from cryptocurrency scams and fraud reached about $17 billion in 2025, up from roughly $13 billion

05-14Industry

JPMorgan Files Tokenized Money Market For Stablecoin Issuers

Bloomberg analyst Eric Balchunas said JPMorgans JLTXX is also a “big deal” because the 0.16% fee is low for a money market fund with a stable asset value.　　JPMorgans blockchain use cases　　The launch of JLTXX follows JPMorgans first tokenized product, My OnChain Net Yield Fund, or MONY, which launched in December and also runs on Ethereum. MONY holds short-term debt securities designed to deliver returns higher than bank deposit rates, with interest and dividends accruing daily.　　The filing for JLTXX also comes after a pilot transaction JPMorgan participated in last week, in which the first tokenized US Treasury fund moved from the US via XRP Ledger and interbank rails to one of JPMorgans Singapore bank accounts in a matter of seconds.　　In April, Morgan Stanley launched the Stablecoin Reserves Portfolio, which allows stablecoin issuers to park reserves backing their fiat-pegged tokens in one of the banks money market funds while earning interest.　　However, the International Monetary Fund flagged several concerns about tokenization in a report in April, arguing that tokenization shifts risk from the banking system to shared ledgers and smart contract code, making it more difficult to intervene during “stress events.”　　The IMF added that without legal clarity over ownership records and settlement finality,

05-14Industry

South Korean Won: Fading strength as volatility stays high – OCBC

Finance　　South Korean Won: Fading strength as volatility stays high – OCBC　　OCBC‘s Christopher Wong reports South Korean Won (KRW) led declines in Asia FX, pressured by higher Oil, firmer UST yields, softer risk tone and heavy foreign equity outflows. He expects USD/KRW to stay choppy and vulnerable if Oil remains elevated and risk sentiment fragile, but advises against chasing the pair higher. Wong prefers fading rallies, citing Korea’s AI/export leverage and resilient semiconductor cycle as medium-term supports.　　KRW pressured but rallies seen to fade　　“KRW came under renewed pressure overnight and led declines in Asian FX.”　　“Near term, USDKRW can remain choppy and vulnerable to wider swings, especially if oil prices stay elevated and global risk sentiment remains fragile.”　　“we would avoid chasing USD/KRW higher from here and would look to fade rallies selectively for better risk-reward, as Koreas AI/export leverage and still-resilient semiconductor cycle remain medium-term supports once the geopolitical/rates impulse settles.”　　“USD/KRW last seen at 1493 levels. Daily momentum turned mild bullish while RSI rose.”　　“Near term risks skewed to the upside. Resistance at 1501, 1510 levels (23.6% fibo retracement of 2026 low to high). Support at 1474/78 levels (21DMA, 50% fibo). Bias to sell rallies.”

05-14Industry

Retiring With Bitcoin by 2030: Hoax or Real Financial Strategy?

Bitcoin　　Retiring With Bitcoin by 2030: Hoax or Real Financial Strategy？　　Despite its extreme volatility, Bitcoin emerges as a disruptive option for retirement planning while inflation erodes the purchasing power of traditional pensions throughout the developed world. Over the last 4-year period, the asset is still up 166.7%. 　　So, is it still possible to retire with BTC？ It always depends on the price trajectory. We review the projections from major banks, how many BTC you need to retire, and the risks of the five-year plan.　　How Much Bitcoin Do You Need to Retire in the Coming Years？　　To retire with Bitcoin in the next five years, an investor would need between 2 and 5 BTC, depending on the assets price and the withdrawal rule applied. These projections are based on the standard portfolio calculation to generate $100,000 annually, adjusted for inflation.　　Retirement is NOT guaranteed, so make sure you find the right balance of enjoying today and building for the future　　Bitcoin is perfect for long-term savings　　But dont sacrifice everything for the future　　Make sure you also invest in the present　　— Rajat Soni, CFA (@Rajatsoni) March 30, 2026　　The most discussed projection comes from VanEck. Matthew Sigel, head of digital assets research at the firm, recently declared that

05-14Industry

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