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USDC issuer saw a major stock surge, signaling market anticipation of regulatory clarity. Clearer rules could strengthen Bitcoin's foundation and attract institutional participation, marking a pivotal shift in the crypto landscape.
Read MoreCurrent money market pricing indicates traders are betting on three European Central Bank interest rate hikes this year. This shift reflects growing market conviction that the ECB will aggressively combat persistent inflation, marking a decisive turn towards policy tightening.
Read MorePresident Trump's renewed interest in inspecting Fort Knox's gold vault has ignited speculation. Revaluing U.S. gold reserves at market prices could generate over $1.2 trillion in accounting gains, seen as a strategic tool to address debt crises and restore dollar credibility, with recent official remarks hinting at policy shifts.
Read MoreSouth Korea's benchmark KOSPI index plunged 2.28% to 7644.03 on May 12th after failing to hold early gains near 8000. Heavyweights Samsung and SK Hynix led the decline. Financial regulators warned of market overheating and leverage risks, while a government proposal to use AI-generated tax revenue for citizen dividends added to market volatility.
Read MoreOn May 12, the USD/JPY currency pair experienced a sharp intraday decline, briefly falling nearly 100 pips to a low of 156.75 before recovering to around 157.06. This volatility highlights current market sensitivity.
Read MoreGold prices fell sharply on Tuesday, breaking below $4700 as markets assessed Middle East tensions and braced for crucial U.S. inflation data. Hawkish central bank shifts have dimmed Fed rate cut hopes, while rising oil prices threaten to fuel inflation further, pressuring bullion.
Read MoreLeading Korean exchange Upbit announced on May 12 that it has designated the Orchid token (OXT) as a trading warning project. The exchange cited significant deficiencies in disclosure, business sustainability, and actual progress, posing potential risks to investors. OXT deposit services have been suspended, with the warning period lasting until late May 2026.
Read MoreA U.S. Ohio-class ballistic missile submarine has arrived at Gibraltar in the Mediterranean. The U.S. Navy stated the visit demonstrates American capabilities, flexibility, and commitment to NATO allies, highlighting the submarine's survivability and stealth as a core element of its nuclear deterrent.
Read MoreThe U.S. Senate Banking Committee updated the Clarity Act, banning stablecoin issuers from paying interest and exempting noncustodial DeFi developers. However, it omitted ethics rules for federal officials' crypto holdings, sparking opposition from Democrats and banks. Regulatory progress faces ongoing divisions.
Read MoreSecurity monitoring reveals two separate crypto attacks within 36 hours, causing combined losses of approximately $238k. One involved a trading bot project, while another is linked to a prior mass private key leak, highlighting persistent security vulnerabilities.
Read MoreSemiconductor stocks now account for a record 23% of the S&P 500's total market value, doubling their share from just two years ago, underscoring the sector's dominant influence on the broader market.
Read MoreProminent crypto investigator ZachXBT revealed that influencer and former Fortnite pro Yelo has been indicted. He's accused of laundering money for threat actors through his Miami luxury car rental business, potentially facing up to 30 years in prison, highlighting legal risks in the industry.
Read MoreOn-chain monitoring reveals a BIT-associated wallet has sold its final 99,612 HYPE tokens. The address has liquidated over 400,000 HYPE recently at an average price of $41.86, marking a significant divestment.
Read MoreFormer President Trump criticized The New York Times for poor journalistic standards on social media. He boasted that he could repair Washington's Reflecting Pool at a fraction of the $55 million cost incurred by previous administrations, in a shorter time and with better results.
Read MoreUpbit will list Venice Token (VVV) on May 12 at 16:00, supporting KRW, BTC, and USDT trading pairs. Deposits open 1.5 hours post-announcement, with trading commencing as scheduled.
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