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Author: jalilawsmith
XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors.Key takeaways:Spot XRP ETFs logged $25.8 million in inflows on Monday, driving cumulative net inflows to a record $1.35 billion.Analysts say XRP price shows potential for a sustained rally, with charts targeting as high as $10. XRP ETF demand makes a comebackInstitutional demand for XRP investment products has been strengthening, according to data from CoinShares.XRP exchange-traded products (ETPs)…
The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors on Tuesday, moving President Donald Trump’s pick one step closer to becoming the next chair of the U.S. central bank.Lawmakers approved Warsh in a 51-45 vote. Sen. John Fetterman (D-Pa.) was the only Democrat to support the nomination.Warsh still must win a separate Senate vote to become Fed chair, which is expected Wednesday. Governors serve 14-year terms while the chair serves a four-year term.If confirmed as chair, Warsh, 56, will replace Jerome Powell, whose eight-year term leading the Fed ends Friday. Powell, however, has said he plans to…
Marvel fans are still puzzling over the decision to wrap up the wildly successful Ultimate Universe line after just three years. But there’s good news, as we now know Marvel has a brand new alternate universe project ready to fill the void this year, and Ultimate architect Jonathan Hickman is once again heavily involved.Marvel has revealed the Midnight Universe, a new line of books that reinvents familiar characters and teams with a distinctly horror-flavored angle. The tagline for the Midnight Universe is “The light had its turn.” Image Credit: MarvelThe Midnight Universe line will consist of three books initially. The…
Foundation unveils new ‘Clear Signing’ standard to stop users from approving malicious crypto transactions
The Ethereum Foundation and a group of major crypto wallet developers are rolling out a new security standard designed to stop users from accidentally signing away their funds, a problem that has fueled some of the industry’s biggest hacks and scams.The initiative, called “Clear Signing,” aims to replace the confusing walls of code users currently see when approving Ethereum transactions with simple, human-readable explanations of what they’re actually agreeing to.The effort comes after years of phishing attacks and wallet drains that often boil down to the same issue: users unknowingly approving malicious transactions they don’t understand. The Ethereum Foundation pointed…
Over the past week, Cardano’s ADA has surged 6%, making it one of the best-performing top-15 cryptocurrencies. Numerous analysts have recently spotted that the asset has been following a similar pattern witnessed during previous bull cycles, suggesting this could be just the beginning of a major rally. ‘Printing by the Plan’ Earlier this month, ADA came close to reclaiming the $0.30 mark, reaching its highest level since mid-March. It currently trades around $0.27, while its market capitalization remains above $10 billion. The asset is often among the most talked-about cryptocurrencies and becomes the subject of price predictions. One popular analyst…
KPop Demon Hunters, Sony Animation and Netflix’s chart-topping hit seemingly came out of nowhere, which meant nobody was prepared to capitalize on its success with toys and other merchandise. Now, almost a year later, that’s finally changing. Both Mattel and Hasbro have thrown their hats into the ring, producing toys and accessories. There have been American Girl Dolls and even Monopoly tie-ins, but the latest toy pack is special — it’s specifically for the fans. KPop Demon Hunters various collaborations have leaned into catering specifically to fans, whether it’s with a McDonald’s Happy Meal or a live performance. This time…
The CFTC is in talks with every major pro sports league to crack down on insider trading
Chairman Mike Selig of the U.S. Commodity Futures Trading Commission (CFTC) said his agency is in talks with all major U.S. professional sports leagues as federal regulators deepen oversight of sports-related prediction markets.The regulator is seeking broader cooperation with leagues to monitor insider trading and market manipulation tied to event contracts, Selig said Tuesday at the annual FINRA conference in Washington D.C. on Tuesday, following an earlier CFTC announcement of a data-sharing agreement with Major League Baseball in March.“We’ve entered into a memorandum of understanding with Major League Baseball, and we’re in talks with all the professional sports leagues,” Selig…
OpenAI introduced a new cybersecurity initiative, Daybreak, on May 11, designed to find, validate, and help fix software vulnerabilities before attackers can exploit them. The firm describes the approach as making software “resilient by design,” moving security earlier into the build cycle through AI-assisted code review, threat modeling, patch validation, and dependency analysis. For crypto, where a software failure can result in an immediate capital loss within a single block, the urgency is clear. The standard pattern in the crypto industry is reactive, going through a pre-launch audit, post-deployment monitoring, response when funds move, a post-mortem on the method, vulnerability…
Casey Hudson, the gaming industry veteran who is leading the team making Star Wars: Fate of the Old Republic, has commented on AI, saying he finds it to be “creatively soulless.”He said this in an interview with Bloomberg, adding, “It’s hard to imagine where it’s actually helpful in the process. I’m just really unimpressed with it.”Presumably Hudson is referring to generative AI, which has been the hot-button topic as of late, but whatever the case, he is clearly not enthusiastic about the technology for Fate of the Old Republic.Continue Reading at GameSpot
In brief Bhutan moved 100 BTC ($8.1 million) out of holding wallets on Tuesday, per Arkham Intelligence data. The sovereign fund has sold $230 ,million in Bitcoin since January, drawing reserves down 70% from their late-2024 peak. Analysts say the steady sell-down reflects a “hold and optimize” sovereign treasury strategy. Bhutan has quietly offloaded another slice of its Bitcoin holdings, moving 100 BTC worth $8.1 million, extending a steady sovereign sell-off that analysts say is driven by a treasury management strategy rather than market pessimism.The transfers are part of a selling trend that has accelerated last year and into 2026.“At…

