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

05-12

IREN Nvidia deal worth $3.4B over five years

IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years.IREN will provide Nvidia with managed GPU cloud services worth $3.4 billion over five years for the chipmakers internal AI and research workloads.Nvidia received a five-year warrant to purchase up to 30 million IREN shares at $70 each, representing a potential $2.1 billion equity stake.The partnership builds on IRENs prior $9.7 billion agreement with Microsoft, pushing the companys total committed revenue past $15 billion.  Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside a broader strategic partnership to build out 5 gigawatts of next-generation infrastructure. The deal was disclosed alongside IRENs third-quarter FY2026 earnings on May 7.  IREN will provide Nvidia with managed GPU cloud services for its internal AI and research workloads. The partnership centres on deploying Nvidia‘s DSX architecture across IREN’s global data center pipeline, starting at its 2-gigawatt Sweetwater campus in Texas.  What the Nvidia warrant means  As part of the deal, Nvidia received a five-year warrant to purchase up to 30 million IREN ordinary shares at $70 each. If fully exercised, that represents a potential equity investment of $2.1 billion,

05-12

Clarity Act Senate Vote Scheduled for Thursday as Stablecoin Yield Fight Reaches Boiling Point

The Senate Banking Committee is scheduled to hold its long-awaited vote on the Clarity Act this Thursday, a market structure bill that would formally legalize the majority of crypto activity in the United States. After months of negotiation, industry leaders are voicing rare optimism, though unresolved disputes over stablecoin rewards, ethics provisions covering presidential business dealings, and protections for DeFi software developers continue to threaten the package. A compromise from Senators Thom Tillis and Angela Alsobrooks would restrict some stablecoin yield programs while permitting activity-based rewards, but banking groups argue the language still contains exploitable loopholes ahead of Thursdays committee markup.  Binance disclosed that its in-house security stack blocked roughly $10.5 billion in user losses between the start of 2025 and the first quarter of 2026, attributing the result to more than 100 deployed machine-learning models. The exchange said it intercepted 22.9 million phishing and scam attempts in the opening quarter of this year alone, safeguarding an estimated $1.98 billion in customer funds, with the bulk of attempted theft routed through compromised wallets and cross-blockchain bridges. Internal research pegs annual crypto-related fraud at $17 billion in 2025, a 30% year-over-year jump, while recovery operations returned $12.8 million across 48,000 cases.  Morgan Stanley‘s

05-12

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

05-12

CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Senate Banking Markup Puts CLARITY Act Scorecard in Focus  Senate Banking Committee members face new scorecard pressure ahead of the May 14 CLARITY Act markup. Digital asset advocacy group Stand With (SWC) said on May 11 that it will score recorded votes tied to the bill. The group said it represents more than 2.9 million U.S. advocates as senators consider whether to advance market structure legislation from committee.  The committees executive session is scheduled for May 14. Members are expected to consider H.R.3633, the Digital Asset Market Clarity Act of 2025. The measure would create a regulatory system for digital commodities involving the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). It also includes provisions tied to central bank digital currency restrictions. Stand With stated:  “On behalf of more than 2.9 million U.S. advocates, Stand With is notifying senators that it will score the Senate Banking Committees May 14th markup vote on the CLARITY Act.”  Earlier advocacy work helped build pressure before the markup. On April 28, Stand With called for Senate Banking action on the bill. The group later delivered a petition to Washington after more than 28,000 Americans signed it that week. Its campaign framed the markup as the

05-12

OpenAI spins out DeployCo with $4B funding to embed AI engineers directly into enterprises

OpenAI is no longer content just building the models. Now it wants to install them too, on-site, with its own engineers sitting in your office.  The company has launched The Deployment Company, or DeployCo, a joint venture backed by more than $4B from a consortium of 19 investors. The venture carries a $10B valuation and is led by Brad Lightcap, OpenAIs COO. Its mission: send OpenAI engineers directly into enterprise clients to wire up AI systems across sectors like healthcare, manufacturing, and beyond.  Whos writing the checks  The investor roster reads like a private equity all-star lineup. TPG leads the consortium, with Brookfield, Bain Capital, SoftBank, and Dragoneer among the 19 firms participating. OpenAI itself is committing up to $1.5B to the venture, giving it meaningful skin in the game.  Here‘s the thing that makes this deal unusual: investors are being guaranteed a 17.5% annual return over five years. OpenAI maintains control of the entity through super-voting shares, meaning the PE firms get their guaranteed returns but don’t get to steer the ship.  The consulting firm wearing a tech companys clothes  The model here is less “software-as-a-service” and more “engineers-as-a-service.” DeployCo will embed OpenAI deployment engineers on-site at client companies, many of which sit inside the

05-12

DOGE Price Prediction: $0.12 Breakout or $0.10 Collapse Within 30 Days

The Immediate Setup  Dogecoin trades in a state of technical limbo at $0.11, showing minimal movement with a modest 0.37% daily gain that barely registers as meaningful price action. The meme coin finds itself compressed within an extremely tight range, with daily volatility shrinking to just $0.01 – a condition that historically precedes significant directional moves in either direction.  Current momentum indicators paint a picture of neutrality rather than conviction. The relative strength index sits comfortably in the middle zone while momentum oscillators hover near equilibrium, suggesting neither bulls nor bears have established clear control. This sideways grinding action often represents an accumulation phase where larger players position themselves before the next major move.  The $149 million in daily trading volume indicates institutional participation remains active despite the lackluster price performance. Blockchain.news technical analysis suggests these consolidation patterns typically resolve within 2-4 weeks, making the coming month critical for determining DOGEs next chapter.  Critical Price Levels  The technical landscape reveals a coin balanced precariously between competing forces. Overhead resistance at $0.12 represents the immediate hurdle that must be cleared for any bullish continuation, while the coin currently trades below its longer-term moving averages – a condition that keeps the broader trend questionable despite recent stability.  Support

05-12

MoonPay acquires Dawn Labs to launch AI trading tool for prediction markets

Bitcoin Ethereum News  MoonPay acquired Dawn Labs and launched Dawn CLI, an AI native trading tool designed to turn plain English strategy prompts into executable workflows for financial markets.  The acquisition brings Dawn Labs founder Neeraj Prasad and the companys team into MoonPay Labs, where Prasad will serve as Chief Engineer. MoonPay said the deal advances its push to build AI native infrastructure for financial services, extending its product stack beyond crypto payment access and agent wallets.  Dawn CLI is designed to manage the full trading workflow, from natural language input to research, code generation, simulation, and user directed execution on supported venues.  MoonPay said the tool targets prediction markets, a fast growing category where active traders often rely on social signals, automated systems, and cross platform positioning.  MoonPay CEO Ivan Soto Wright said Dawn Labs has made complex active trading systems more accessible to users with an idea, while Prasad said the product was built to reduce fragmentation across research, strategy development, and execution.  The company said Dawn CLI uses a non custodial architecture and allows users to review strategy code and set controls such as trading limits and position size before deployment.  The acquisition fits into MoonPays broader effort to build financial infrastructure for AI

05-12

Ethereum Price Prediction: Market Consolidates at Key $2,370 Level Ahead of Breakout

Ethereum trades in tight range near resistance, with $2,372 breakout key for upsideOpen interest stabilizes near $33B, showing steady leverage and cautious positioningExchange flows remain mixed, with $81.5M outflows signaling cautious accumulation  Ethereum continues to trade inside a tight consolidation range as traders monitor whether the asset can regain bullish momentum above key resistance zones. The second-largest cryptocurrency has stabilized after rebounding from recent lows near $2,220, yet price action still lacks a decisive breakout structure.  At the same time, derivatives data and exchange flow activity suggest market participants remain cautious despite improving short-term sentiment. Consequently, Ethereum now sits at a pivotal technical zone that could determine its next directional move.  Ethereum Faces Key Resistance Cluster  Ethereum currently trades between $2,330 and $2,370 after recovering from a sharp pullback earlier this month. Buyers recently defended the $2,220 to $2,280 support region, helping the market establish a sequence of higher lows on the 4-hour chart.  Besides, price action now presses into a heavy resistance cluster formed by Fibonacci retracement levels and short-term exponential moving averages.  Ethereum Price Dynamics (Source: Trading View)  The immediate resistance level sits near $2,372, which aligns with the 0.618 Fibonacci retracement zone. A sustained move above that barrier could shift momentum quickly toward the

05-12

Ethereum (ETH) Price Prediction: ETH Holds Near $2,333 as Bulls Eye $2,640 CME Gap

Ethereum price prediction remains focused on the $2,350 breakout zone as ETH trades near $2,328, with CME gap targets, whale activity, and range compression shaping the next move.  Ethereum price is back in a decision zone after a choppy but constructive recovery attempt. According to Brave New Coin data, ETH is trading near $2,328, down around 1.17% in the last 24 hours, with daily volume sitting close to $19.82 billion. The move is not explosive yet, but the structure is getting interesting.  ETH Still Trapped Inside a Clear Trading Range  CGT Trader highlighted that ETH is still moving inside a well-defined range, with failed breakout attempts on both sides. The chart shows price repeatedly sweeping above and below the range, only to return inside.  This type of structure usually shows indecision. Buyers are defending the lower side, but sellers are still active near the upper band. Until ETH breaks cleanly above the range high, traders may continue treating this as a mean-reversion setup rather than a confirmed trend.  The important resistance area remains around $2,350–$2,400. A clean reclaim above this zone would shift the structure in favor of bulls. On the downside, losing the lower range would expose ETH back towards the $2,200–$2,150 support region.  CME

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