PM Modi slams UAE attack as Iran strikes injure three Indians

Moreover, Pakistans Prime Minister Shehbaz Sharif also condemned the attacks on civilian infrastructure in the UAE. In a post on X, he said Pakistan “strongly condemns the missile and drone attacks on civilian infrastructure in the United Arab Emirates last night.”  Sharif said Pakistan stood with UAE President Mohamed bin Zayed and the Emirati people. He added that the ceasefire should be respected to allow space for dialogue and regional stability.  Canada‘s Prime Minister Mark Carney also condemned Iran’s missile and drone attacks on the UAE. He said Canada stood in solidarity with Mohamed bin Zayed and the people of the UAE.  Carney also praised defensive steps taken to protect civilians and civilian infrastructure. He said Canada called for de-escalation and diplomacy in the region.  Fujairah attack raises concern over Hormuz  The UAE accused Iran of carrying out the strikes, including an attack linked to a fire at an oil facility in Fujairah. Reports said the attacks came as tensions around the Strait of Hormuz continued to pressure shipping and energy routes.  Modi also pointed to the need for safe navigation through the Strait of Hormuz. He said free movement through the waterway was vital for regional peace, stability and global energy security.  The UAE said its

05-05

Trump Calls Jerome Powell a “Disaster” Over High Interest Rates

Powell has held rates higher for longer, pointing to inflation concerns. Trump previously threatened to remove Powell from his post. Legal advisers warned the move would face challenges in court. His push to reshape Fed leadership has moved beyond rhetoric.  The administration is filling vacant Fed governor seats with allies. The picks align closely with the White Houses rate-cutting agenda.  Markets Brace for Powells Final FOMC  The renewed attack arrives as crypto traders position for Powells last FOMC. Bitcoin (BTC) and major altcoins have shown signs of de-risking. Traders are cutting leverage and trimming exposure to high-beta assets. Open interest data suggests positioning has turned more cautious.  Beyond monetary policy, the White House has been aggressive on multiple fronts in recent weeks. Recent steps include new tariffs on European-built vehicles and added measures targeting Iran.  The administration has also tightened oversight of artificial intelligence. Federal review of new AI models is now required before public release. The combination of monetary, trade, and technology policy shifts has kept volatility elevated across risk markets.  The Fed‘s next move now sits at the center of trader attention. With Powell’s term as chair winding down, the meme post sharpens an already public clash between the White House and the Fed.  Whether

05-05

What Is Provably Fair Gaming and How Does It Work?

Tech  What Is Provably Fair Gaming and How Does It Work?  If youve recently visited a crypto casino or played at one, you might have noticed the Provably Fair badge. The emergence of online casinos in the early 2000s all but pushed land-based gaming venues out of the market. It revolutionized the way we play casino games, but it also came with player concerns about game fairness.  The online casino industry came up with random number generators and testing labs, which verified each casinos fairness and integrity. But over time, players asked for a trustier system. It may have taken a decade or two, but the ever-evolving online gaming industry found it in the Provably Fair algorithm. Unlike RNGs, this algorithm lets players test fairness by themselves and is featured in games hosted by Cwinz and ones at other top sector brands that strive for maximum transparency.  What is Provably Fair?  Provably Fair is a new technology and algorithm that aims to establish trust between online gaming platforms and players. This system lets players independently verify the fairness and integrity of the games and each game round. Instead of relying on the operators word when it comes to game fairness, this algorithm backs up game

05-05

XRP Price as Bullish Pattern Holds Ahead of May 13 Index Launch on Russia’s Top Exchange

Tech  XRP Price as Bullish Pattern Holds Ahead of May 13 Index Launch on Russias Top Exchange  XRP price has paused yet again at $1.40. But its failure to go past this price has not affected a bullish pattern that has been forming for weeks. Russias Moscow Exchange will also list an XRP index on May 13, and all eyes are on this date to see whether the price is going to react. And this is not all, because even in the futures market, volumes are going up.  Russias Top Exchange to Launch XRP Index  The Moscow Exchange will begin listing an index that will track how XRP price is moving. It will follow how the price moves on Binance, Bitget, Bybit, and OKX. The index is going to be listed on May 13, which is barely a week from today.  But XRP is not the only one benefiting at the Moscow Exchange because BNB, SOL, and TRX are also going to be indexed. Bitcoin and Ethereum already have their indices here. This launch is going to be very good for XRP value because there are more than 41 million people that have accounts here. Three million people out of the 41 million are not

05-05

CRV Price Prediction: $0.27 Target as Bulls Test Critical Resistance Zone

The Immediate Setup  CRV is painting a textbook breakout scenario at $0.24, sitting perfectly on the upper Bollinger Band after a clean 2.5% daily pump. The price action screams institutional accumulation – were trading above every single short-term moving average while the RSI holds neutral ground at 59, giving plenty of room for further upside before hitting overbought territory.  The momentum story gets interesting when you dig deeper. While MACD sits flat at zero showing hesitation, the stochastic indicators are screaming overbought at 89.71, creating a classic divergence that smart money traders exploit daily. This isnt your typical retail FOMO pump – the measured nature of this move suggests deeper pockets are positioning.  Key Levels Exposed  The technical landscape reveals a clear battle zone between $0.23-$0.25. CRV has successfully reclaimed the $0.23 support cluster where the 7-day, 20-day, and EMA convergence creates a fortress-like foundation. Breaking above this moving average sandwich was the first domino, and now bulls are testing the immediate resistance at $0.25.  What makes this setup particularly compelling is how cleanly CRV bounced off the SMA 50 at $0.22 – a level thats held as a launching pad for the past several sessions. The 200-day SMA sitting way up at $0.33 shows

05-05

Da Nang Positions Itself as a Web3 Hub Through Unchained Summit

Government leaders, regulators and global Web3 firms convene in Da Nang, May 28–29, to address digital asset frameworks, institutional adoption and Southeast Asia expansion  Tuesday, May 4, 2026, Dubai, UAE: Unchained Summit Vietnam will take place on May 28–29, 2026, at the Furama Resort in Da Nang, bringing together government officials, regulators, institutional investors and global Web3 leaders to discuss the future of digital assets in Southeast Asia.  A key highlight of the summit is the participation of the State Securities Commission (SSC) of Vietnam. Mr. To Tran Hoa, Permanent Deputy Head of the Crypto Asset Market Supervision Department, will share insights into Vietnams ongoing efforts to develop a structured and well-regulated digital asset market, including key considerations around supervision, licensing, and market stability.  The event will also feature Mr. Ho Quang Buu, Vice Chairman of the Da Nang People‘s Committee, alongside senior representatives from the Da Nang Department of Science and Technology. Their participation reflects Da Nang’s growing role as a regional hub for digital asset innovation and policy development.  The combined presence of local government leadership and national regulators positions the Vietnam edition as a platform for direct engagement between policymakers and market participants, at a time when Vietnam ranks among the

05-05

Toncoin Explodes 27% After Telegram Bets 2.2 Million TON on Itself

Tech  Toncoin Explodes 27% After Telegram Bets 2.2 Million TON on Itself  Toncoin (TON) price has broken out of a four-month accumulation zone, climbing above $1.74 on May 5. The move follows Telegram‘s confirmation that it will replace the TON Foundation as the network’s largest validator.  The breakout tags the 0.236 Fibonacci retracement of the August 2025 to February 2026 decline. Daily volume printed its largest expansion in seven months.  Daily Chart Confirms Breakout From Long-Standing Range  The daily chart shows Toncoin inside a tight accumulation zone between $1.20 and $1.55 since the start of the year. That four-month consolidation followed a steep January selloff. Whales steadily added positions despite weak market sentiment.  The May 5 candle closed above the zones upper boundary and pushed the price to $1.74. That level corresponds to the 0.236 Fibonacci retracement of the August 2025 to February 2026 decline. The retracement spans from a $3.75 swing high down to the $1.26 February low.  Volume tells the story behind the move. Daily volume had been trending lower since October 2025. The breakout candle printed the largest green bar in roughly seven months. Such expansion typically validates a structural shift rather than a short squeeze.  TON daily chart / Source: Tradingview  The relative strength index

05-05

Toncoin (TON) Skyrockets 34% as Telegram Assumes Control from TON Foundation

Tech  Toncoin (TON) Skyrockets 34% as Telegram Assumes Control from TON FoundationPavel Durov announced Telegram will take over from TON Foundation as the primary force driving the TON blockchain, sending Toncoin (TON) up more than 30%.The messaging platform will operate as TONs primary validator, with Durov emphasizing a renewed commitment to “technological excellence.”Network transaction costs have decreased by 83%, falling to practically zero and boosting attractiveness for both users and developers.Daily trading activity skyrocketed 600%, surpassing $630 million within 24 hours, while market capitalization reached $4.5 billion.Meme coins built on TON experienced dramatic gains, including Dogs soaring over 90% and Notcoin climbing 26%.  Toncoin (TON) experienced one of its most significant daily price surges in recent months following an announcement from Pavel Durov, the founder and CEO of Telegram, who shared a critical governance change for the TON blockchain via his X account.  Toncoin (TON) Price  In his announcement, Durov revealed that Telegram would “replace the TON Foundation as the driving force behind TON and become its largest validator.” Despite the brevity of the message, the market response was swift and substantial. TONs price surged from $1.37 to a peak of $1.84 over the following 24 hours, representing approximately 34% growth.  Fees in TON have

05-05

Banks Say Stablecoin Yield Language Falls Short, Senator Tillis Disagrees

Five US banking lobbies issued a joint statement saying the proposed language on stablecoin yield in the Clarity Act falls short of its goal of protecting bank deposits.  The five trade groups backed the senators goal but demanded stronger text. It included the American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial Services Forum, and the Independent Community Bankers of America.  US Banks Want Tighter Stablecoin Yield Language in Clarity Act  Senators Thom Tillis and Angela Alsobrooks released the bipartisan compromise on stablecoin rewards. This came after months of talks with banks, the White House, and crypto firms.  The provision bars deposit-style yield but leaves room for rewards tied to genuine on-platform activity. The banking groups acknowledged the senators efforts to address deposit flight risks. They said their forthcoming feedback would aim to preserve community lending while accommodating innovation.  “Senators Tillis and Alsobrooks are seeking to achieve the correct policy goal – prohibiting the payment of yield and interest on stablecoins; however, the proposed language falls short of that goal. It is imperative that Congress get this right,” the statement read.  The banking groups in particular pointed to Section 404. The text lets crypto exchanges pay yield through user membership programs, provided

05-05

INJ Price Prediction: $4.20 Breakout Imminent as Whales Load at Critical Resistance

Critical Juncture at $3.88 Resistance  Injective Protocol sits at $3.79, mere pennies from the $3.88 resistance that has rejected every rally attempt this month. This level represents the line in the sand between continued consolidation and explosive upside acceleration toward the 200-day moving average at $4.62.  The setup screams institutional accumulation. Trading above all short-term moving averages with the 7-day SMA providing solid support at $3.63, INJ has methodically ground higher despite modest volume of $3 million on Binance spot. This controlled ascent without retail FOMO suggests sophisticated hands building positions ahead of a breakout.  Momentum Building Behind the Scenes  Multiple momentum indicators converge at this critical resistance zone. RSI at 65.36 shows healthy buying pressure without reaching overbought extremes that typically trigger profit-taking waves. The Stochastic oscillator displays a fresh bullish crossover with %K at 59 breaking above %D at 47, historically signaling impending breakout moves.  More telling is the Bollinger Band position at 0.91, essentially testing upper band resistance while MACD histogram flattens to zero. This combination creates a coiled spring effect where the next directional move typically produces outsized returns. The daily ATR of $0.23 suggests normal volatility alone could drive 6% moves, but technical breakouts often exceed these parameters significantly.  Smart Money

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