Latest Crypto News & Market Updates

Silver Rallies Past $85 as Bitcoin Struggles Near $81K

Silver traded around $84.77 after rising 5.56% on the day, according to data.Bitcoin traded near $81,000 after trimming part of its weekend move above $82,000.U.S. CPI for April is due this week, with data showing a 3.7% forecast after Marchs 3.3% reading.　　Silver outperformed Bitcoin on Monday as spot silver climbed above $85 per ounce for the first time since March 13. Data showed XAG/USD trading near $84.77 at press time, after a sharp move from the low-$80 area.　　Silver Breaks Above $85　　Silvers intraday chart showed a sharp breakout after several hours of sideways movement near $80. The metal then accelerated through $82 and $83 before touching the $85 area, marking one of its strongest short-term moves in recent sessions.　　Data showed silver up 5.56% over one day and 16.65% over one week. The metal has also gained 11.79% over one month, while its one-year performance stood at 159.30%, showing a stronger, longer-term trend than Bitcoin in the same comparison table.　　Notably, Peter Schiff said silver was “ripping” and trading above $85. He added that silver‘s year-to-date gain had reached 18%, surpassing Nasdaq’s 13% gain, while Bitcoin remained down 10.5% on the year.　　The move also follows a strong recovery from Marchs three-month low of

05-12Industry

Seadrill Limited (SDRL) Lifts Revenue Forecast as Contract Backlog Hits $3.1 Billion

Seadrill achieves Q1 adjusted EBITDA of $97M while expanding contract pipeline beyond $3.1B.Shares of SDRL advance 3.05% following upgraded 2026 financial projections.Offshore driller secures fresh rig agreements spanning Brazil, Angola, and Gulf of Mexico operations.First-quarter net loss shrinks as improved dayrates strengthen operational performance.Intraday trading shows early volatility despite positive earnings metrics and enhanced outlook.　　Seadrill Limited delivered improved first-quarter financial performance while announcing contract wins that pushed its total backlog past the $3.1 billion threshold. Shares of SDRL closed at $49.79, marking a 3.05% increase, though the stock retreated from intraday peaks near $53. The quarterly report highlighted strengthening rig market conditions, upgraded forecasts, and extended revenue certainty through 2026.　　Seadrill Limited, SDRL　　Offshore Driller Elevates 2026 Financial Projections　　Seadrill recorded operating revenue of $358 million during the first quarter, representing a slight decline from the prior quarters $362 million. Despite this modest revenue dip, adjusted EBITDA climbed to $97 million compared with $88 million previously. The offshore driller also expanded its adjusted EBITDA margin, excluding reimbursables, reaching 27.9%.　　The company narrowed its quarterly net loss to $7 million from $10 million in the preceding period. Diluted loss per share decreased to 11 cents versus 16 cents previously. Operating expenditures declined to $334 million

05-12Industry

Sterling reverses below 1.3650 ahead of US CPI and UK GDP

In the fifteen-minute chart, GBP/USD trades at 1.3609. The pair holds a mild intraday bullish bias as it sits above the daily open at 1.3584, keeping the latest rebound intact despite the lack of nearby moving average references. However, the Stochastic RSI has recently shifted from overbought extremes toward the lower end of its range, hinting that upside momentum is cooling after the earlier advance.　　On the downside, immediate support is seen at the daily open level around 1.3584, where buyers may look to defend the broader intraday up-move. A sustained break below this floor would weaken the constructive tone and expose deeper pullbacks, while holding above it would keep the short-term bias tilted to the upside even as momentum indicators stay in a corrective phase.　　In the daily chart, GBP/USD trades at 1.3611 with a bullish near-term bias, as spot holds above both the 50-day and 200-day exponential moving averages (EMAs). The pair has extended its advance away from these reclaimed trend filters, suggesting underlying demand remains in control, while the Stochastic RSI around 61 indicates positive but not overstretched momentum, leaving room for further gains if buyers stay in charge.　　On the topside, immediate support-turned-reference now comes from the 50-day EMA

05-12Industry

Strategys STRC Raises $206M To Buy More Bitcoin As ATM Sales Resume

Following an STRC perpetual preferred stock (STRC) becoming $100 par value, Strategy increased its acquisition capacity for Bitcoin again. Mondays trading session opened the door to new equity offerings of STRC to support further BTC acquisitions for the company.　　Strategys STRC Attracts More Capital　　Bitcoin Treasuries ATM tracker on May 11, 2026 indicated that STRCs ATM program was still active. It generated net proceeds of $206.61 million from the issuance of 2.12 million shares. The achievement comes as Strategy announced a fresh $43 million Bitcoin acquisition today.　　The Bitcoin price tracker showed that Strategy could use these proceeds to buy almost 2,536 BTC at an average price of $81,471 per coin. The tracker also revealed that STRCs daily trading volume surge, including after hours.　　The trading volume hit a whopping $444.91 million as that the preferred stock traded at its $100 par value. STRC saw very limited volatility on Monday, ranging from $99.99 to $100.01.　　For further context, STRC returned to its target price during the trading session on May 8. The preferred stock ended at $99.99 before rising to $100 in after-hours trading, according to Yahoo! Finance data. It recorded a trade volume of over $218 million that day.　　Meanwhile, it‘s important to note that

05-12Industry

Datavault AI (DVLT) Stock: Ambitious 48K-GPU Edge Network Eyes National Rollout

Datavault AI tied its infrastructure initiative to anticipated Senate Banking Committee action on the CLARITY Act. Senate Banking Chair Tim Scott scheduled the bills markup session for Thursday, May 14, 2026, beginning at 10:30 a.m. Eastern Time. This legislation pursues more transparent federal frameworks for digital asset regulation and market structure.　　The CLARITY Act endeavors to establish distinct jurisdictional boundaries between the SEC and CFTC in overseeing digital asset activities. The House approved this bipartisan measure in July 2025 with strong 294-134 support. Senate advancement would move the legislation closer to reconciliation discussions with the House-passed version.　　Datavault AI indicated that enhanced regulatory clarity might accelerate adoption of tokenization platforms, protected data operations, and distributed computing services. The firm delivers solutions spanning data monetization, digital credentialing, customer engagement tools, and real-world asset tokenization capabilities. Therefore, management views regulatory certainty as a potential catalyst for broader digital infrastructure deployment.　　Expansive GPU Fleet for Metropolitan Coverage　　Datavault AI intends to construct a geographically dispersed edge infrastructure through its collaboration with Available Infrastructure spanning major American cities. The initiative aims to reach beyond 100 metro regions before 2026 concludes. Plans also encompass deploying 1,000 urban micro-edge neocloud facilities throughout the nation.　　The organization anticipates achieving full commercial operation

05-12Industry

BeInCrypto Institutional Research: 15 Firms Setting the Standard for Crypto Corporate Governance

Best Crypto Corporate Governance is a category within the BeInCrypto Institutional 100 awards, covering firms whose public-market discipline, banking charters, board structure, audit maturity, and crisis-response record set governance standards for digital assets. 　　The 15 firms below are listed alphabetically and are not ranked. A shortlist will be named in May 2026, with the winner announced at Proof of Talk in Paris on June 2–3, 2026.Long list: 15 firms across listed crypto companies, federal crypto banks, regulated custody firms, TradFi banks, and public-market digital asset platformsOrder: Listed alphabetically, not rankedInitial pool: More than 30 firms screened; 15 advanced to the long listScoring: 20% quantitative data · 80% Expert CouncilCriteria assessed: Public-market discipline, banking charter strength, board independence, audit maturity, incident response, disclosure quality, leadership credibilityData sources: OCC, SEC EDGAR, NYDFS, FCA, FINMA, BaFin, MAS, MiCA-CASP registers, audited reports, company disclosures, PitchBook, Tracxn, and CrunchbaseFirmGovernance Sub-SegmentHQReachTop Listing / CharterRepresentative WorkAnchorage DigitalFederally chartered crypto bankSF / NY / Sioux Falls / Singapore / Porto$4.2B valuationBacked by a16z, GIC, Goldman Sachs, KKR, Visa, TetherLong-tenured public company governance recordSpiral continues Bitcoin open-source fundingOCC-supervised bank holding structurePrior OCC AML order resolved after remediationBitGoPublic + federally chartered custodySioux Falls / Palo Alto$104B+ AUC$2.08B valuation at IPONYSE:

05-12Industry

Ethereum Foundation Restructures Protocol Team as Sharplink, Galaxy Launch $125 Million Onchain Yield Fund

Payward, the parent company of crypto platform Kraken, is raising fresh capital at a $20 billion valuation as it prepares the ground for a future public listing. The fundraising round arrives as the firm accelerates an acquisition push that recently included the $600 million purchase of stablecoin payments specialist Reap and the $550 million takeover of derivatives venue Bitnomial. Payward confidentially submitted a draft S-1 registration to the U.S. Securities and Exchange Commission in November, and co-CEO Arjun Sethi said at Consensus Miami last week that the exchange is roughly 80% ready to go public once market conditions improve.　　Galaxy and Ethereum treasury firm Sharplink are preparing to launch the Galaxy Sharplink Onchain Yield Fund, a private vehicle with $125 million in initial commitments aimed at deploying staked Ether into decentralized finance strategies. Sharplink will contribute $100 million from its staked treasury, while Galaxy commits $25 million and serves as fund manager overseeing protocol selection and exposure sizing. CEO Mike Novogratz framed the structure as a response to growing institutional demand for blockchain-based yield products that mirror traditional finance risk tools. Sharplink already holds more than 868,000 ETH, one of the largest corporate Ethereum stashes worldwide.　　The yield fund announcement landed alongside

05-12Ethereum

Seadrill Limited (SDRL) Lifts Revenue Forecast as Contract Backlog Hits $3.1 Billion

Seadrill achieves Q1 adjusted EBITDA of $97M while expanding contract pipeline beyond $3.1B.Shares of SDRL advance 3.05% following upgraded 2026 financial projections.Offshore driller secures fresh rig agreements spanning Brazil, Angola, and Gulf of Mexico operations.First-quarter net loss shrinks as improved dayrates strengthen operational performance.Intraday trading shows early volatility despite positive earnings metrics and enhanced outlook.　　Seadrill Limited delivered improved first-quarter financial performance while announcing contract wins that pushed its total backlog past the $3.1 billion threshold. Shares of SDRL closed at $49.79, marking a 3.05% increase, though the stock retreated from intraday peaks near $53. The quarterly report highlighted strengthening rig market conditions, upgraded forecasts, and extended revenue certainty through 2026.　　Seadrill Limited, SDRL　　Offshore Driller Elevates 2026 Financial Projections　　Seadrill recorded operating revenue of $358 million during the first quarter, representing a slight decline from the prior quarters $362 million. Despite this modest revenue dip, adjusted EBITDA climbed to $97 million compared with $88 million previously. The offshore driller also expanded its adjusted EBITDA margin, excluding reimbursables, reaching 27.9%.　　The company narrowed its quarterly net loss to $7 million from $10 million in the preceding period. Diluted loss per share decreased to 11 cents versus 16 cents previously. Operating expenditures declined to $334 million

05-12Industry

Anchorage Steps Back From Robinhood and Kraken-Backed USDG Stablecoin Consortium

Anchorage Digital, the first federally chartered crypto bank in the United States, is dialing back its prominent role inside the Global Dollar (USDG) stablecoin consortium that counts Robinhood, Kraken, Galaxy Digital, OKX, Visa, Worldpay and Bullish among its members. Chief executive Nathan McCauley said the firm will adopt a posture of “increased neutrality” rather than actively promoting a single token. USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore supervision, carries a circulating supply of roughly $3 billion. Anchorage remains a consortium participant, but with as many as 20 banks and tech firms exploring white-label stablecoin issuance through its rails, the custodian is recalibrating incentives to avoid favoring any one issuer.　　Macro investor and former hedge fund manager Jordi Visser disclosed a fresh Ether position, framing the trade as a bet on tokenization and autonomous AI agent payments. Visser argued that AI agents lack access to bank accounts and traditional credit, leaving stablecoins and Ether as their natural settlement layer. Autonomous online payments have already cleared more than $24 million on the Coinbase x402 standard over the past month, while the Algorand Foundation partnered with Google on the AP2 Agentic Payments Protocol. Ethereum commands more than 60% of tokenized

05-12Industry

European Council restores full trade ties with Syria after 14 years

The European Council restored fuller trade ties with Syria on Monday, ending the partial suspension of a cooperation agreement that had limited parts of the relationship since 2011.　　The Council said the decision reinstates the full application of the EU Syria Cooperation Agreement and marks an important step toward strengthening bilateral relations. The move repeals the 2011 decision that suspended trade provisions after Bashar al Assad‘s regime cracked down on anti government protests at the start of Syria’s civil war.　　The decision sends a clear political signal that the EU is willing to re engage with Syria and support its economic recovery, the Council said. The reinstated provisions cover trade related measures that had removed quantitative restrictions on imports of certain Syrian goods, including oil, petroleum products, gold, precious metals, and diamonds.　　The move comes 18 months after al Assad was removed from power in December 2024, opening a new chapter between Brussels and Damascus. EU foreign ministers met in Brussels on Monday with Syrian Foreign Minister Asaad al Shaibani, launching a high level political dialogue with the countrys new government.　　The EU had already moved to loosen its economic restrictions on Syria. In 2025, the Council lifted economic sanctions on the country, except

05-12Industry