Author: jalilawsmith

Make CryptoSlate preferred on A hotter-than-expected April inflation report has put Bitcoin back at the center of the Federal Reserve trade, reviving the higher-for-longer rates problem that has capped crypto markets for much of the year.The Bureau of Labor Statistics (BLS) reported on May 12 that headline CPI rose 3.8% year over year in April, above the 3.7% consensus estimate and the highest annual reading since January 2024.Core CPI, which strips out food and energy, rose 2.8% year over year and 0.4% month over month. Bond markets moved on the news, with the 2-year Treasury yield climbing 3 basis points…

The Steam Controller has been on the mind of PC gamers recently, and for good reason: it’s a very impressive device–though, like many viral tech products, it’s currently very hard to get. Those who have been able to get a hold of the device have been quite pleased with the end product, however. They’ve been putting their new controllers through all the rigors of gaming–which, we assume, also means accidentally dropping them, because that would explain how a very goofy easter egg was discovered.When you’re using Steam in Big Picture mode, the Steam Controller will, when dropped from a height…

EToro (ETOR) doubled down on its commitment to crypto even as digital asset activity weakened in the first quarter and into April.Revenue from crypto assets dropped 38% from the year-earlier quarter to $2.15 billion, the company said in its first-quarter earnings report released Tuesday. Net trading income from crypto derivatives fell 57% to $33.4 million while overall net income rose 37% to $82.4 million.The trading platform said the crypto activity decline extended into April, with the total number of crypto trades falling 32% year-over-year and the invested amount per trade dropping 22%. Despite the downturn, CEO Yoni Assia expressed a…

EToro reported first-quarter net income of $82 million, up 37% from a year earlier, as a surge in commodities trading offset weaker crypto activity.Net income rose 37% year-over-year to $82 million, compared to $60 million in Q1 2025, the company announced Tuesday. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) climbed 35% to $109 million, from $80 million a year earlier, while net contribution grew 19% to $258 million.The upbeat results were driven largely by commodities trading, which accounted for roughly 60% of trading commissions in the quarter, with volumes up nearly fourfold year-over-year. The company also expanded its…

Star Wars: Fate of the Old Republic won’t be another bloated single-player game that takes over half a decade to develop, game director Casey Hudson has insisted. Via an interview with Bloomberg, we learned a few new details about the highly anticipated Star Wars RPG, which aims to be a spiritual successor to BioWare’s much-loved Knights of the Old Republic. Hudson talked a bit about the aspirations for the final product, both for how long it will take to produce and how long it will take players to finish it.For starters, Hudson isn’t backing down on his claims that Star…

Predict 2026 says it moved to New York from Las Vegas because of “regulatory pressure” from the Nevada Gaming Control Board. A spokesperson for the regulator says otherwise.”The Nevada Gaming Control Board did not direct, request, or otherwise pressure any licensee or venue to cancel or decline to host any recent or upcoming event or conference, as has been suggested,” a spokesperson told CoinDesk.Earlier this month, the Prediction Conference, which featured some top traders from Polymarket, took place in Las Vegas – but at a hotel without a casino.”We had a successful event last month that was attended by several…

XRP is back at the top of South Korean trading screens.The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded about $41 million in volume, ranking second behind USDT/KRW and above both BTC/KRW and ETH/KRW.That matters because Korea has long been one of XRP’s most active speculative markets. Bitcoin and ether usually dominate global exchange activity, but Korean traders have repeatedly pushed XRP into the top volume slot during periods of heightened…

Here comes a new challenger: Fighting games legend Katsuhiro Harada, who directed and produced many games in the Tekken franchise, joined SNK Corporation to found a new development studio. VSStudioSNK was established on May 1, and it will be a consolidated subsidiary of SNK, with Harada acting as representative director and CEO. Harada’s departure from Bandai Namco in December 2025, after more than three decades with the company, made waves in the industry. Harada explained that the decision was motivated by personal and professional losses, which many attributed to the death of his long-time rival Tomonobu Iganaki, creator of the…

In brief Exodus (EXOD) is expanding into the full payments stack with its Exodus Pay platform and new stablecoin. The firm completed two acquisitions and became debt-free in Q1 thanks to a major reduction in its Bitcoin holdings. Shares finished Tuesday down 9.6%, closing at $6.97. Publicly traded wallet company Exodus (EXOD) is moving beyond the wallet category, expanding its focus and also becoming a payments company, the firm announced as part of its Q1 earnings report. The firm’s transition leans on its recently closed acquisitions of financial services firms Monavate and Baanx, and its Exodus Pay platform—a feature that allows…

TON, ONDO, and PENGU are also deep in the red, while some TRUMP-related tokens are up by 4-5% daily. The CPI announcement in the US yesterday showcased increasing inflation likely due to the war against Iran, and BTC dipped to under $80,000, but it managed to rebound almost immediately. Binance Coin has surpassed XRP once again in terms of market cap after a 2.5% increase, while DOGE has solidified its spot in the top 10 alts following a 2% increase. BTC Rebounds After CPI The primary cryptocurrency peaked at almost $83,000 last Wednesday before the subsequent rejection pushed it…