Bitcoin ETF IBIT outpaces gold GLD by 33 points as $13B capital rotation accelerates
Bloomberg senior ETF analyst Eric Balchunas reported that the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) has significantly outperformed the gold ETF SPDR Gold Shares (GLD) since March, outpacing it by roughly 33 percentage points in performance. Summary Bloomberg ETF…
Hot producer prices torch rate cut hopes and drag crypto lower
The Federal Reserve’s rate cut narrative just took a blowtorch to the face. April’s Producer Price Index surged 1.4% month-over-month, nearly triple what economists had penciled in, and the entire risk asset complex flinched. Bitcoin slipped below $80K on the…
CLARITY Act News: Fresh Draft Is Out – What Next for Crypto?
In CLARITY Act news today, the Senate Banking Committee released the final draft text of the Digital Asset Market Clarity Act on May 12, 2026, just two days before a scheduled May 14 committee markup, and for the first time,…
Ripple (XRP) Price Predictions for This Week, May 13
XRP is consolidating above the $1.4 support. Can it test $1.6 next? Ripple (XRP) Price Predictions: Analysis Key support levels: $1.4 Key resistance levels: $1.6, $2 Key Resistance About to be Tested? After a successful defense of the $1.4 support,…
Crypto Correlations Hit Record Highs as BTC-SOL Reaches 0.99
Ethereum emerged as the most connected asset, showing strong alignment with Cardano, Solana, and Dogecoin. Analytics platform DefiLlama has reported an elevated degree of price synchronization among leading cryptocurrencies. Over the past week, several major trading pairs showed correlation…
Bitcoin Pulls In $706M as Traders Abandon Short Positions in Massive Sentiment Shift
While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity. Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April…
Solana and Google Cloud Team Up for Stablecoin-Powered AI Agent Payments
Developers can link a Solana wallet to AI tools like Claude Code or Gemini and have an agent accessing paid APIs within one minute. The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows…
Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon. One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13…
Bitcoin Supply Hits 20 Million Coin Mark, Mastercard Launches Massive Crypto Partner Program, and More – Week In Review
This week’s developments highlight the growing intersection of macro markets, regulation, and institutional crypto adoption. U.S. Treasury yields remain elevated amid oil tensions and political uncertainty around the Federal Reserve. Regulators took a major step toward unified oversight as the…
Token2049 Postponed: DC Blockchain Summit 2026 Is Now Center of Gravity
Token2049 Dubai has officially been postponed to 2027. That single scheduling change has shifted the entire industry’s focus to Washington, D.C., for the first half of 2026. The DC Blockchain Summit on March 17-18 is now the definitive signal for…
Ripple (XRP) and Solana (SOL) Get a Big Boost as CME Group Rolls Out New Offerings
The first XRP futures launched in May this year on CME. The Chicago Mercantile Exchange (CME) has doubled down on its engagement with some of the most popular altcoins – XRP and SOL – by launching Spot-Quoted futures tracking…