Veteran investor bets on Ethereum as he sees AI agents driving tokenization demand

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.  “I dont think enough people are talking about tokenization and whats happening,” Visser told Anthony Pompliano on a podcast on Saturday, predicting that tokenization and AI will be intertwined.  AI agents cannot access banking services or credit, so their primary method of transacting online autonomously will be digital assets such as Ether or stablecoins, which do not require bank accounts, logins or human approval.  “AI agents are with us,” he said. “They need food, and that food is not physical food. It is tokens,” he added. “Theres been a shortage,” which could lead to a supply and demand issue, he continued.  Autonomous online payments have surged this year, recording more than $24 million in transaction volume over the past month on the Coinbase x402 standard, according to x402.org.  Meanwhile, crypto protocols are racing to implement agentic AI payment protocols into their blockchains. The Algorand Foundation is one of the more recent, announcing on Saturday support for agentic commerce via a partnership with Google on the AP2 Agentic Payments Protocol.  Tokenization is needed for price discovery  Ethereum is

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After the $16.5 billion in exploits, DeFi is now being forced toward the controls it once resisted

The rsETH crisis resulted in $200 million in bad debt on Aaves books, despite not a single line of its contracts misbehaving.  On Apr. 18, attackers that Chainalysis preliminarily linked to Lazarus compromised RPC infrastructure, forced a failover to poisoned nodes via DDoS, and injected false data into a 1-of-1 DVN configuration on KelpDAOs rsETH bridge.  The forged message released approximately 116,500 rsETH, and Aaves incident report confirmed that Ethereum accepted nonce 308 while the Unichain source endpoint never advanced past 307.  The attacker supplied the compromised rsETH to Aave and borrowed against it, resulting in bad debt and serving as a frame for the current state of DeFis security.  Exploiters extracted over $635 million across 28 incidents in April, the worst monthly total in over a year. DefiLlama puts the cumulative historical cost of hacks at $16.5 billion, with $7.7 billion specifically targeting DeFi.  The high-profile exploits on Drift and the KelpDAO bridge resulted in DeFi losing nearly $11 bilion in total value locked last month.  That contraction occurred as stablecoin rails, tokenized treasuries, and regulated settlement layers gained institutional traction in the same capital markets.  DeFi exploiters extracted $635 million across 28 incidents in April, the sectors worst monthly loss in over a year, while

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SUI Climbs 31% as Utility Plays Take Over CoinGecko This Week

Sui (SUI) jumped roughly 31% over 24 hours on Sunday, lifting it onto CoinGeckos trending coins list alongside Sweat Economy (SWEAT) and Zano (ZANO) and reviving talk of a fresh altcoin narrative.  The high-throughput Layer 1 reclaimed ground above $1.40, according to analytics tracker CoinsLytic, while the simultaneous appearance of a fitness token and a privacy-by-default chain in the same bracket caught traders attention.  A 31% Rally Puts SUI Back in Focus  Several accounts logged the move within hours. Trader Ivan Liljeqvist captured the mood for short-term participants in a Sunday post.  “SUI up almost 30% since flipping bull on the hourly time frame Last 7-10 days is a paradise for short-term day traders grinding lower timeframes in altcoins,” he wrote.  The rally extends an advance that lifted SUI more than 38% earlier in 2026. Analysts flag a clean break above the $1 zone, naming $3 and $10 as longer-term targets.  $SUI broke above the $1 zone and is up more than 11% in the last 24 hours ????  Next targets are $3 and $10 ???? pic.twitter.com/l4A3FE1Hnq  — Sui Insiders???? (@SuiInsiders) May 10, 2026  SWEAT and ZANO Point to a Different Kind of Demand  The mix of names alongside SUI is what has drawn wider attention. CoinGecko noted the trio

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Michael Saylor Pushes STRC as Lower-Volatility Alternative to BTC and MSTR

Dividend Proposal Puts STRC Payment Design in Focus  Strategy is also proposing a change to STRCs dividend schedule. Instead of one monthly payment, the company wants to pay twice a month, on the 15th and at the end of the month. The annual dividend amount would not change. Each payment would be smaller, but payments would arrive more often. That proposal targets trading behavior around dividend dates. Strategy said the shift is designed to stabilize price, dampen cyclicality, drive , and grow demand. If approved, the new cadence would begin with a June 30 record date and a July 15 payment date. Nasdaq timing rules limit how frequently payments can be made.  Saylor wrote:  “STRC is a passenger jet. is a fighter jet. MSTR is a rocket ship.”  The company‘s live dashboard shows holdings of 818,334 , representing about 3.9% of bitcoin’s fixed 21 million supply. That BTC reserve sits behind Saylor‘s broader STRC pitch around income, liquidity, and preferred equity financing. His posts separate STRC from BTC and MSTR by presenting it as the credit layer inside Strategy’s BTC-centered capital structure.

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Cerebras Systems raises IPO price range amid massive oversubscription for AI chipmaker

Tech  Cerebras Systems raises IPO price range amid massive oversubscription for AI chipmaker  Cerebras Systems, the AI chipmaker that has spent years positioning itself as the anti-Nvidia, is finding out just how hungry Wall Street is for that pitch. The company has raised its IPO price range due to overwhelming investor demand, with the offering reportedly oversubscribed by more than 20 times.  Orders have exceeded $10 billion for the deal, which originally targeted a price range of $115 to $125 per share. That range was bumped to $125 to $135 as of May 8, with strong indications that pricing could climb even higher before shares begin trading on Nasdaq under the ticker CBRS.  The numbers behind the frenzy  Cerebras plans to sell 28 million shares, aiming to raise up to $3.5 billion in what would be one of the largest tech IPOs in recent memory. To put that in perspective, the company is trying to raise roughly the same amount that Arm Holdings pulled in during its blockbuster 2023 listing.  The company has also secured an $850 million credit facility, capital earmarked for expanding its data center footprint and deepening partnerships with major AI players.  Those partnerships are a key part of the bull case. Cerebras has

05-11

Federal Reserves Jerome Powell defends central bank independence amid Trump pressure

Tech  Federal Reserves Jerome Powell defends central bank independence amid Trump pressure  Jerome Powell isn‘t going quietly. The Federal Reserve chair, whose term atop the central bank expires on May 15, 2026, intends to remain on the Fed’s Board of Governors until at least 2028. Its a deliberate act of institutional defiance aimed squarely at President Donald Trump, who has spent the better part of two administrations trying to bend the Fed to his will.  The Powell-Trump conflict, explained  During Trump‘s first term, the president openly lambasted Powell for refusing to slash interest rates aggressively enough. Trump has since threatened to fire Powell outright and initiated Department of Justice probes targeting the Fed’s leadership. Those efforts culminated in an 8-4 split decision on interest rates in early 2026, a vote that revealed deep fractures within the central bank itself.  The conflict has now reached the Supreme Court. The justices are currently hearing a case concerning the dismissal of Fed Governor Lisa Cook, with Powell himself participating in the legal defense of the Feds autonomy. The outcome of that case could redefine the legal boundaries of presidential power over independent agencies.  Powells decision to stay on the board past his chairmanship means he retains a vote on

05-11

Internet Pro: Inside Iran’s Controversial New Two-Tiered Web System

Nonetheless, the measure has given rise to a new two-tiered system for accessing the internet, with some supporters receiving unfiltered access to international sites. The Iranian general population, meanwhile, remains relegated to a small subset of the internet.  The system, called Internet Pro, has exorbitant prices that leave most Iranians out of its reach, relegating them to virtual private networks (VPNs) and other, more dangerous methods as alternatives. Starlink is also present, but there have been reports of a death tied to the arrest of a citizen due to its use.  Nonetheless, not all agree with this outcome. Communications Minister Sattar Hashemi has expressed opposition to the Internet Pro system, declaring that “tiered internet or a ‘whitelist’ system has no validity,” and that Internet Pro has been misused. Hardliners, including Mohammad Amin Aghamiri, in charge of the governing cyberspace authority, support the policy.  The costs of these internet disruptions rise to $250 million and approach $3 billion daily when accounting for disruptions affecting banks and companies, per Mahdi Ghodsi, an Iranian economist. Layoffs have also risen, with the blockade estimated to result in the loss of two million jobs, affecting nearly 8 million families and hitting Irans internal economic system heavily.

05-11

BNB Price Prediction: $700 Target Within 30 Days as Smart Money Accumulates

Market Context: Why BNB is Moving Now  BNB is coiled like a spring at $648, trading just $8 below critical resistance after a steady climb above all short-term moving averages. The exchange token has quietly outperformed during crypto‘s recent consolidation phase, with Blockchain.news tracking institutional flows showing consistent accumulation patterns. Unlike Bitcoin’s choppy action, BNB maintains structural integrity above $640 support, suggesting ecosystem strength is driving demand beyond mere speculation.  The Binance ecosystem continues expanding globally despite regulatory headwinds, and BNB‘s utility as both gas token and staking asset creates organic buying pressure that doesn’t exist for pure store-of-value plays. This fundamental backdrop gives BNB legs for sustained moves when technical breakouts occur.  Indicator Alignment  Every momentum indicator is perfectly aligned for a bullish explosion. RSI at 60.37 sits in the sweet spot – not overbought but showing clear buying interest. The MACD histogram at zero signals momentum is coiled and ready to unleash, while Bollinger Band positioning at 0.87 indicates BNB is testing upper resistance without being overextended.  The 87% Bollinger position is particularly telling – BNB is knocking on the door of a breakout without showing exhaustion signs. When assets trade this close to upper bands with healthy RSI, explosive moves typically follow

05-11

xAI partners with Cursor in $10 billion deal to supercharge AI coding capabilities

Tech  xAI partners with Cursor in $10 billion deal to supercharge AI coding capabilities  Elon Musks xAI has struck a partnership with Cursor, the AI-powered coding assistant, backing it with a $10 billion investment and an option to acquire the startup outright for $60 billion in 2026.  The structure here is worth unpacking. xAI is investing $10 billion into Cursor now, with an option to buy the company for $60 billion that becomes exercisable in 2026. If xAI decides to walk away from the acquisition, theres a $10 billion breakup fee attached.  Cursor is currently running at roughly $2 billion in annual revenue. Thats a staggering number for a company whose flagship product, Composer, launched less than six months ago. In that short window, Cursor scaled its reinforcement learning capabilities by over 20x, which partly explains why xAI is willing to write such a large check.  The partnership specifically addresses one of Cursor‘s biggest bottlenecks: compute. Training competitive AI models requires enormous amounts of processing power, and xAI happens to operate Colossus, one of the most powerful AI datacenters in existence. By plugging Cursor into that infrastructure, the companies aim to accelerate model training in ways Cursor couldn’t achieve on its own.  The deal also has

05-11

US President Donald Trump rejects new Iran peace proposal as ‘totally unacceptable’

Finance  US President Donald Trump rejects new Iran peace proposal as ‘totally unacceptable’  US President Donald Trump and Iran rejected each others latest peace proposals to bring an end to the war in the Middle East as the two sides struggle to maintain a fragile ceasefire, Bloomberg reported on Sunday.  “I have just read the response from Iran‘s so-called ’Representatives,” he said in a social media post, calling it “TOTALLY UNACCEPTABLE,” said Trump.  According to the source, which cited people familiar with the response, Irans latest proposal would dilute some of its highly enriched uranium and have the rest sent to a third country, but it also called for guarantees the transferred uranium would be returned if talks fail and ruled out dismantling its facilities.

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