Shiba Inu Short Death Cross Confirmed, 10% Drop Recorded in Days

Tech  Shiba Inu Short Death Cross Confirmed, 10% Drop Recorded in Days  Shiba Inu erased gains from the past week as major cryptocurrencies recorded declines that pushed prices lower. At the time of writing, SHIB was recording 10% losses on a weekly basis.  The last two days saw sharp selling for Shiba Inu alongside the broader crypto market. A selloff in riskier assets swept through cryptocurrency markets as concerns over inflation rattled jittery investors. The crypto declines came in tandem with drops in stock and bond markets.  Shiba Inu has declined since reaching a high of $0.00000668 on May 11, marking four out of five days of losses since this day.  Peter Brandt Warns Solana Could Crash  Is Hyperliquid Worth All the Recent Hype?  The selling intensified towards the weekend as back-to-back hot CPI and PPI prints earlier in the week contributed to traders betting that the Federal Reserve might hike interest rates rather than cut them.  You Might Also Like  Following the selling pressure, Shiba Inu completed a death cross signal on its short-term charts, specifically the 2-hour chart. The 50 MA fell below the 200 MA on the 2-hour chart to produce a bearish death cross signal.  SHIB loses major support  The drop saw Shiba Inu falling below the

05-17

AI sets Intel stock price for end of Q2 2026

Finance  AI sets Intel stock price for end of Q2 2026  Although Intel (NASDAQ: INTC) has recorded a notable short-term drop in line with the broader equities market, insights from an artificial intelligence model suggest the stock is likely to see further gains in the second half of the year.  Notably, INTC shares have been among the standout performers of 2026 as the company continued to make further inroads into the artificial intelligence chip sector.  Year-to-date, Intel has rallied almost 200%. However, the stock ended Fridays session down more than 6%, trading at $108, as markets reacted to concerning United States economic data.  To determine how the stock might trade at the end of Q2 2026, Finbold turned to OpenAIs ChatGPT, which offered several scenarios for the stock.  According to the model, Intels stock is expected to trade in a base range of between $115 and $130 by the close of Q2 2026.  ChatGPTs outlook also outlined a bullish scenario in which Intel stock could climb to between $140 and $150 if the company secures additional foundry partnerships, expands adoption of its AI chips, and delivers another strong earnings performance in the coming months.  At the same time, the AI model warned that volatility remains elevated, noting that

05-17

Cardano Begins Building Quantum Resistant Future With Security Initiative

Tech  Cardano Begins Building Quantum Resistant Future With Security Initiative  Cardano builder Input Output Group has revealed a new research proposal projected to boost Cardanos quantum readiness.  In a tweet, Input Output stated that the IO Research proposal future-proofs Cardano and builds long-term resilience for post-quantum security.  IO noted that the quantum threat represents a long-term reality, with the time to prepare being not later but now. It noted that layer by layer, Cardano is being hardened.  The IO Research proposal future-proofs Cardano and builds long-term resilience for post-quantum security.  The quantum threat is a long term reality and the time to prepare is now! Layer by layer, Cardano is being hardened.  Vote now: https://t.co/w4RvEv5nY4 pic.twitter.com/6yqn8BKK41  — Input Output Group (@IOGroup) May 16, 2026  Three strategic themes underpin Input Outputs proposal for the Cardano ecosystem, which includes human-centered design, scalable architecture, and post-quantum security. Scalability will be addressed through a layered approach, combining consensus improvements such as Leios and Peras, and execution scaling such as L2s and data availability ZK-enabled scaling, including ZK rollups.  Post-quantum security ensures long-term resilience as cryptographic assumptions evolve, with proactive evaluation and migration planning for quantum-resistant primitives.  Peter Brandt Warns Solana Could Crash  Is Hyperliquid Worth All the Recent Hype?  The Cardano Vision 2026 proposal builds on this

05-17

Asteroid (ASTEROID) Skyrockets, But It Might be Nothing: Analyzing What Triggered the Growth

Tech  Asteroid (ASTEROID) Skyrockets, But It Might be Nothing: Analyzing What Triggered the Growth  Following an aggressive buying spree by a major whale, the meme token Asteroid abruptly surged higher, driving price action into a sharp vertical rally.  Asteroid doesnt want to stop  At an average entry price close to $0.0003297, one of the top five token holders spent about $1.39 million accumulating ASTEROID, according to on-chain trading data. The wallets unrealized profit increased to about $366,000 after the move, a gain of 26.4% in a very short period of time.  Source: ai_9684 on X  The whale currently holds nearly 4.21 billion ASTEROID tokens, or 99.9% of the position that was initially accumulated, and hasnt sold a single token, so the move immediately garnered attention. The token was quickly repriced upward toward the $0.00041 range as a result of the large purchase, which set off a massive green candle.  Peter Brandt Warns Solana Could Crash  Is Hyperliquid Worth All the Recent Hype?  The biggest catch  The rally appears impressive at first glance. The issue is that, rather than being essentially organic, the majority of the growth seems to be liquidity-driven. The chart structure clearly indicates that concentrated whale activity, rather than widespread retail participation or ecosystem expansion, was the primary

05-17

Xphere surges 79% as bulls take over - Can XP break its ATH?

Tech  Xphere surges 79% as bulls take over – Can XP break its ATH?  Xphere [XP] had surged 79% in the past 24 hours and 233% over the week at press time. The altcoin has posted double‑digit gains across the last two sessions and continues to climb.  Notably, traders have increasingly engaged in speculative trading following the altcoins multiple listings as a top gainer across different platforms. Daily trading volume on MEXC and BingX saw an increase of 55% and 38%, respectively, as of writing.  However, the token has yet to be listed on major exchanges such as Binance and Coinbase, raising questions about its legitimacy despite launching in Q1 2025.  Notably, speculative trading has also lifted its Popularity Index, which stood at 50, just 11 points below the highest reading since the altcoins inception.  Source: ROOTDATA  This reading indicated the tokens growing popularity within the crypto community.  Buying activity of XP bulls  More importantly, buying activity is surging, with XP being the most-bought token. As per the latest RSI reading, XP leads with the highest value of 85.  Source: X  XP is followed by Cosmos [ATOM] and TRON [TRX] at 75 and 71, respectively. The lowest RSI was on stablecoins like sUSDS, USYC and USDe. This indicates traders are exchanging

05-17

M3 DAO Joins DegenVerse to Offer DeFi Utility for Meme Coins

M3 DAO, a renowned decentralized platform, has partnered with DegenVerse, a Web3 initiative for meme coin utility. The partnership denotes a remarkable financial and cultural shift to redefine the meme-led community interaction with blockchain networks. As M3 DAO pointed out in its official social media announcement, the development focuses on combining meaningful DeFi applications and meme culture. So, this could lead to the development of a significant bridge between financial sovereignty and entertainment.  M3 DAO and DegenVerse Partner to Provide Real Utility via Meme Coins  The partnership between M3 DAO and DegenVerse is set to broaden the span of meme coins beyond speculation with the provision of real utility. Thus, the move positions both entities as the leading players contributing to the ongoing Web3 transformation. In this respect, DegenVerse has been developing a robust decentralized liquidity network to strengthen meme coins through a sustainable financial architecture.  Unlike conventional meme initiatives that depend entirely on community hype, DegenVerse‘s mechanisms permit the staking, utility, and lending of tokens in gaming environments. Additionally, prediction markets provide more scope expansion, letting consumers interact with decentralized forecasting alongside generating liquidity. At the same time, M3 DAO’s integration strengthens this vision, delivering governance expertise as well as a mechanism

05-17

House Agriculture leaders urge Trump to fill CFTC seats before CLARITY Act passes

Tech  House Agriculture leaders urge Trump to fill CFTC seats before CLARITY Act passes  The CFTC is about to get handed one of the biggest regulatory mandates in its history. It currently has one person to do the job.  House Agriculture Committee Chair Glenn “GT” Thompson (R-PA) and Ranking Member Angie Craig (D-MN) sent a bipartisan letter to President Trump urging him to nominate four new commissioners to the Commodity Futures Trading Commission. The agency, which would gain sweeping new authority over spot trading of digital commodities under the Digital Asset Market CLARITY Act, has had four of its five seats vacant since December. Chairman Michael Selig is currently running the show solo.  One commissioner, massive new responsibilities  Congress is actively building legislation that would transform the CFTC from a derivatives-focused watchdog into a major player in crypto market oversight. The CLARITY Act already advanced through the Senate Banking Committee with a 15-9 vote, signaling real momentum. And the agency thats supposed to implement all of this has exactly one decision-maker.  Thompson and Craig aren‘t just making a procedural request. They’re flagging a structural problem that could undermine the legitimacy of any regulations the CFTC produces. A single commissioner crafting rules for an entirely new market

05-17

Cardano Founder Warns Crypto’s Quantum Threat May Hit Before 2033

Other networks face the same math. Bitcoin alone holds billions in exposed coins sitting in addresses with revealed public keys. Earlier research on Q-Day projections flagged the same risk.  “That gives us median estimate ~10 years before modern public key crypto is definitively broken. (That said, can happen sooner! Its not a point estimate, but a distribution, fuzzy on both the downside and upside.),” Haseeb Qureshi, Managing Partner at Dragonfly said.  Cardano Leans on Lattice-Based Standards  Cardanos defense centers on lattice problems such as Learning With Errors, believed to resist both classical and quantum attacks.  The team plans to fold US NIST FIPS 203 through 206 standards into its roadmap. Those specs formalize ML-KEM, ML-DSA, SLH-DSA, and Falcon-style signatures.  UPDATE: Charles Hoskinson says “I think there‘s a better than 50% chance that by 2033, there will be a working commercial quantum computer at scale. We’re working on lattices, but the federal standards have already been applied—FIPS 203 to 206. We know how to protect ourselves.” pic.twitter.com/vYmohOlUBK  — Angry Crypto Show (@angrycryptoshow) May 11, 2026  Hoskinson contrasted Cardanos governance and hard-fork cadence with chains that face harder coordination on migration.  He pointed to a forthcoming Cardano research proposal on quantum resistance.  Community votes on the broader strategy are already underway.

05-17

Trump advisers warn of heightened risk of China invading Taiwan in next 5 years

Tech  Trump advisers warn of heightened risk of China invading Taiwan in next 5 years  Some of President Trump‘s closest advisers believe the most consequential outcome of the recent Beijing summit isn’t a trade deal or diplomatic reset. Its a growing conviction that Chinese President Xi Jinping may move against Taiwan within the next five years, potentially severing the semiconductor supply chain that underpins everything from AI models to crypto mining hardware.  One Trump adviser described Xi‘s posture in blunt terms: China is no longer positioning itself as a rising power. It’s asserting parity with the US and signaling that Taiwan belongs to Beijing. The warmth of the summit, by this reading, was strategic theater masking a more aggressive territorial stance.  Why Taiwan matters to every portfolio, including crypto  Taiwan is the world‘s most important chokepoint for advanced semiconductors. TSMC, headquartered in Hsinchu, fabricates the vast majority of the world’s most advanced chips. These aren‘t commodity products. They’re the silicon brains inside AI accelerators, data center GPUs, smartphones, and increasingly, specialized hardware used in blockchain infrastructure.  The intelligence picture: invasion isnt the only scenario  The 2026 Annual Threat Assessment from the US Intelligence Community states that Chinese leaders do not currently intend to invade Taiwan by 2027

05-17

Hyperliquid oil perps put Wall Street’s 24/7 trading push to the test

Tech  Hyperliquid oil perps put Wall Streets 24/7 trading push to the test  CME Group plans to make its cryptocurrency futures and options trade around the clock beginning May 29, a product line that posted $3 trillion in notional volume in 2025 and is running 46% above that pace year-to-date.  ICEs New York Stock Exchange is developing a tokenized securities platform built for 24/7 operations, instant settlement, dollar-sized orders, and stablecoin-based funding, pending regulatory approvals.  Both exchange operators have directed capital and infrastructure toward the same always-open structure pioneered by crypto-native venues.  Bloomberg reported on May 15 that the same two exchange giants are pressing US officials to rein in Hyperliquid, the offshore crypto venue that built the model before either incumbent filed.  According to people familiar with the discussions, CME and ICE alleged that Hyperliquids anonymous trading environment could distort global oil prices, facilitate market manipulation, and enable state actors to circumvent sanctions enforcement.  Bloomberg had separately reported in March that a Hyperliquid perpetual contract tracking WTI crude generated more than $1.2 billion in 24-hour volume during a traditional-market oil spike, briefly becoming the platforms second-most-traded market.  The fight that CME and ICE are allegedly taking to Washington is over who gets to run continuous markets when

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