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Ethereum bulls face $2,400 wall: Is profit-taking warning of a pullback?

Ethereum (ETH) is facing renewed caution after Santiment data showed network realized profits rose to $74.58 million, the highest level in three weeks. Ethereum realized profits jumped to $74.58M as lower-cost holders sold into the latest dip again.ETH now trades near $2,267, with $2,270 acting as a short-term trigger level for traders.Sell walls around $2,400 keep upside limited while $2,200 remains the key downside risk now.　　The move came while ETH fell about 5.5% over three days, suggesting some profitable holders used the pullback to exit positions.　　Crypto.news price data showed ETH at $2,270, down 1.41% over 24 hours. Trading volume stood at $14.29 billion, while market cap was $273.7 billion. The 24-hour range ran from $2,240 to $2,320, keeping ETH close to the short-term pivot watched by traders.　　Santiment data points to dip selling　　Santiment said the profit spike may look “counterintuitive” because it came during a price drop. The firm linked the move to holders who bought ETH below $2,000 during February and March, leaving them in profit even after the latest decline.　　The analytics firm also said higher on-chain movement can create more realized profit and loss events. It added that the setup “doesnt necessarily imply you should get bearish,” but warned

05-14

Vapi reaches $500M valuation after Amazon Ring selects its AI platform

Tech　　Vapi reaches $500M valuation after Amazon Ring selects its AI platform　　Amazons Ring division evaluated more than 40 AI voice vendors before picking its winner. Vapi, a startup most people outside the enterprise AI world have never heard of, walked away with the contract, and Ring proceeded to migrate 100% of its inbound customer support calls onto the platform.　　That kind of endorsement tends to open wallets. Vapi just closed a $50M Series B led by Peak XV Partners, pushing its valuation to $500M. Microsoft‘s M12, Kleiner Perkins, and Bessemer Venture Partners also participated, bringing the company’s total funding to $72M.　　The numbers behind the noise　　Vapi currently processes between 1 million and 5 million calls per day. It has surpassed 1 billion total calls handled to date, a milestone driven almost entirely by enterprise customers rather than hobbyist developers tinkering with voice bots on weekends.　　The companys enterprise business has grown roughly 10 times since early 2025. Vapi employs around 100 people and plans to use the fresh capital to expand its engineering and go-to-market teams.　　Why Rings bet matters more than the valuation　　Ring didnt just trial a few vendors and pick the cheapest. The unit tested north of 40 voice AI platforms before committing.

05-14

ftse mib hovers near 50,000 as bank earnings and ECB policy offset geopolitics

Investors are scrutinising Italys main equity benchmark as strong bank earnings, ECB policy and geopolitical tensions pull the ftse mib in different directions around record territory.　　FTSE MIB index trades sideways just below record peak　　The FTSE MIB index has recently hovered just shy of the key 50,000 threshold, consolidating after a powerful rally. On 8 May 2026 it closed essentially flat at about 49,290 points, almost unchanged from the previous close around 49,291. Consequently, it was the only major European benchmark that did not decline that session, underlining its relative resilience in a volatile regional backdrop.　　In the preceding days, the Italian blue-chip barometer had already pushed into uncharted territory. After a 2.35% surge that drove a record close at 49,697 points, the FTSEMIB traded broadly flat on 7 May 2026, oscillating in the 49,500–49,700 range. Thus, price action suggested a classic consolidation phase, with investors digesting gains near a psychological resistance area.　　Bank-heavy structure underpins recent FTSE MIB performance　　A crucial factor behind the recent outperformance of the ftse mib versus other European indices is its heavy financial sector weighting. Large banking groups such as Intesa Sanpaolo and UniCredit have posted solid earnings, which supported sentiment just after the index touched a 24-year

05-14

FILE Price Prediction: $1.25 Breakout or $0.95 Collapse Within 14 Days

The Immediate Setup　　FILE is trading in the danger zone at $1.10, caught between competing forces that could explode in either direction. The tokens trapped below its 200-day moving average at $1.25 while sitting comfortably above shorter-term averages, creating a classic compression pattern. With momentum indicators showing MACD flatlining at zero and RSI hovering in neutral territory at 58, the market is coiling like a spring ready to snap.　　The real story lies in the derivatives action. Open interest surged 5.41% in 24 hours to $55 million, signaling massive position building ahead of the next major move. When smart money commits this heavily, Blockchain.news data suggests a significant breakout is imminent within the next two weeks.　　Key Levels Exposed　　The technical battlefield is clearly defined. FILE faces immediate resistance at $1.12, followed by the critical $1.14 level thats acted as a brick wall. Above that, the 200-day moving average at $1.25 represents the ultimate prize – breaking through would trigger algorithmic buying and likely push FILE toward the upper Bollinger Band at $1.24.　　On the downside, support at $1.07 already cracked during today‘s session, exposing the stronger $1.05 floor. If that fails, there’s virtually nothing until $0.95, where the 50-day moving average converges with longer-term

05-14

Donald Trump declares Iran ceasefire on life support as crude oil tops $105

Tech　　Donald Trump declares Iran ceasefire ‘on life support’ as crude oil tops $105　　President Trump just told the world what oil traders had been pricing in for weeks: the Iran-Israel ceasefire is barely breathing. His characterization of the truce as being “on life support” sent crude oil surging past $105 per barrel, a sharp reminder that Middle Eastern geopolitics still hold an outsized grip on global energy markets.　　The timing matters. The ceasefire, brokered through US and Qatari mediation back on June 24, 2025, was supposed to mark the end of the Twelve-Day War between Iran and Israel. For months, it mostly held, surviving early violations and tense moments. Now, nearly a year later, Trumps own words suggest that diplomatic scaffolding is crumbling.　　From fragile peace to life support　　The June 2025 agreement had managed to beat expectations, largely because of sustained US diplomatic pressure on Israeli leaders and Qatars role as an intermediary. Initial violations occurred almost immediately after the agreement took effect, yet the truce persisted through the remainder of 2025 and into 2026.　　Trumps ongoing intervention with Israeli leadership was widely credited as one of the key factors sustaining the ceasefire over the past year. If Trump himself is now signaling that

05-14

Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review

Ethereums stabilization is a question of timeShiba Inus recovered potential　　Despite the general stability of the cryptocurrency market, Hyperliquid shows unexpected weakness, as HYPE fell below the crucial $40 support zone. Because overall risk appetite across digital assets has not declined enough to fully justify such an aggressive pullback, the move is certainly hard to explain.　　After failing to sustain momentum above local highs of $44-$45 earlier this month, HYPE is currently trading close to the $39 area. Once the price lost the rising support structure that had sustained the recovery rally since March, the rejection became technically significant.　　HYPE/USDT Chart by TradingView　　The larger market context is what makes the decline unusual. Meme assets continue to draw speculative capital, Bitcoin maintains its high levels above major moving averages, and a number of altcoins are still structurally bullish. Assets like Hyperliquid, which have strong institutional narratives and ETF-related momentum, should normally outperform rather than sharply decline. Instead, HYPE began to roll over before the market exhibited significant signs of stress.　　Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review　　Schwartz: Ripple Doesnt Control Consensus　　From a technical perspective, the chart appears much weaker now than it did

05-14

XRP Price is Holding Strong Support While Bitcoin and Ethereum Drop

While the broader crypto market sentiment has turned cautious, XRP price is holding strong support around the $1.40 level. This comes at a time when Bitcoin and Ethereum have breached critical psychological and technical floors.　　XRP price in USD over the past weekWhats Happening to Crypto？　　Current market data confirms a significant shift in momentum:XRP: Maintaining stability above $1.43, successfully testing the $1.40 support zone.Bitcoin (BTC): Has officially dropped below the $80,000 mark, trading near $79,200.Ethereum (ETH): Is struggling to find footing after slipping below $2,400.　　Bitcoin and Ethereum price in USD　　For the current bullish structure to remain intact, XRP must defend its current base, while BTC and ETH need a swift recovery to prevent a localized “liquidity drain” from altcoins.　　Why $1.40 Matters for XRP　　In technical analysis, a “strong support” level is an area where buying interest consistently outweighs selling pressure. For $XRP, the $1.40 zone represents a pivot point that has transitioned from resistance to support over the last several months. Holding this level during a Bitcoin price drop suggests that XRP investors are currently less reactive to BTCs volatility, potentially due to ecosystem-specific developments or institutional accumulation.　　The Ripple Effect: Can XRP Decouple from BTC and ETH？　　While XRP is showing strength, the

05-14

New York court pauses decision on Aave’s $71M ETH recovery request

A New York federal judge has postponed a decision on Aaves request to release $71 million in frozen Ethereum tied to the Kelp DAO exploit, ordering both sides to submit additional legal arguments before a June hearing.A New York judge delayed a ruling on Aaves bid to release $71 million in frozen ETH tied to the Kelp DAO exploit.The court asked Aave and Gerstein Harrow LLP to submit additional legal arguments before a June 5 hearing.　　According to filings submitted Wednesday in the Southern District of New York, Judge Margaret M. Garnett said Aave LLC had not sufficiently explained how “compounding losses” to users would occur if the restraining notice on the funds remained active. The judge scheduled another hearing for June 5 and directed both parties to file supplemental briefs by May 22.　　At the center of the dispute is 30,765 ETH that Arbitrums Security Council froze on April 21 after tracing the assets to the April 18 Kelp DAO exploit.　　The attack targeted Kelps LayerZero-powered bridge and allowed hackers to mint unbacked rsETH, which was later used as collateral on Aave v3 to borrow an estimated $230 million in wrapped ETH. Earlier reports tied the exploit to roughly $190 million in

05-14

BitGo posts wider Q1 loss despite revenue more than doubling

Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue.　　Revenue for the quarter ended March 31 was $3.8 billion, up from $1.8 billion a year earlier, driven by higher digital asset trading activity and growing contributions from its stablecoin business, the company announced Wednesday. Revenue fell 38.7% from Q4 2025s $6.2 billion, partly due to a shift in client trading from spot to derivatives, a product BitGo launched at the start of the quarter that generated roughly $3 billion in notional volume.　　However, net loss widened to $60.7 million from $25.7 million in Q1 2025, hit by a $53.7 million non-cash loss tied to the declining value of the companys Bitcoin treasury, as well as stock-based compensation from its recent IPO. BitGo said stock compensation costs are expected to normalize going forward.　　Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) swung to a loss of $1.7 million from a gain of $3.9 million a year ago, partly due to a $3 million in one-time legal and professional costs tied to the IPO.　　BitGo client base surges 42%　　On the platform side, client count grew

05-14

BTS, Shakira, And Madonna To Headline World Cup Final Halftime Show

BTS, Shakira, and Madonna have been announced as the headliners for the 2026 FIFA World Cup Final Halftime Show on Sunday, July 19, at MetLife Stadium in New Jersey.　　Global Citizen posted a video featuring Sesame Street‘s Elmo talking to Coldplay’s Chris Martin about the International Federation of Association Football (FIFA) hosting its first-ever halftime show, which would raise money for Global Citizen‘s children’s education fund. Martin was tasked with curating the show and asked Elmo for help finding headliners.　　Elmo seems to have all the contacts – calling up BTS and Shakira in the middle of the video. Elmo suggested Madonna, with Cookie Monster suggesting the South Korean group because of his love for “Butter” – both the song and the product, which is needed to make cookies. BTS members RM, Jin, SUGA, j-hope, Jimin, V, and Jung Kook popped up on Elmo‘s screen, telling the little red monster and Martin that they’ll be there.　　The boys are currently on their BTS World Tour ARIRANG, which began in early April in South Korea. With 82 shows across 34 cities, the group heads to Stanford, Northern California, this weekend before four nights in Las Vegas, then back to Korea for their Busan concerts.

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