AI Layer-2 token Matchain MAT surged 349% in a single session as speculative capital rotated into small-cap altcoins. Summary Matchain is a BNB Chain zk-rollup focused on decentralised identity and AI-driven advertising infrastructure, with a market cap under $3 million. The move coincided with CryptoQuant’s Bull-Bear Market Cycle Indicator turning bullish on May 12 for
eBay has turned down GameStop’s unsolicited $56 billion takeover bid, dismissing the proposal in terms that leave very little room for interpretation. The online marketplace called the offer “neither credible nor attractive.” GameStop structured the proposal as approximately half cash and half stock. The financing assumptions behind it drew immediate fire. Neil Saunders, an analyst
Is DOGE’s rally running out of steam? The biggest meme coin by market capitalization has jumped by double digits over the past 30 days, increasing its dominance in its niche. However, certain technical indicators suggest the bears may soon regain control. The Incoming Correction? As of press time, DOGE trades at around $0.114 (according
Parliamentary standards watchdog formally launched a probe into Nigel Farage over an undeclared £5M gift tied to crypto donations. Summary Parliamentary Standards Commissioner Daniel Greenberg has opened a formal inquiry into whether Farage breached the Commons Code of Conduct. The £5M came from Christopher Harborne, a Thailand-based investor who holds a 12% stake in Tether
The Bank of Japan just told the world it’s seriously considering another rate hike, and the timeline is measured in weeks, not quarters. Minutes from the BOJ’s April 27-28 meeting, released on May 11, reveal that three out of nine board members pushed for an immediate increase to the policy rate, citing persistent inflation risks
A Discord wallet flex allegedly exposed connections between Dritan Kapllani Jr. and a massive 185 BTC social engineering theft. Blockchain investigator ZachXBT has linked US-based alleged threat actor Dritan Kapllani Jr. to more than $19 million in crypto thefts carried out through social engineering attacks targeting cryptocurrency holders. In a series of posts on
Yellow Network chairman Alexis Sirkia says the CLARITY Act is the structural reset U.S. crypto has waited for. Summary Sirkia argues the bill creates the first navigable framework around classification, jurisdiction, and compliance for crypto firms. Years of regulatory uncertainty pushed builders to Dubai and Singapore, and the CLARITY Act could reverse that flow if
## Market Snapshot The WTI Crude Oil market for May 2026 is currently priced with a 51.5% likelihood of prices hitting $110, reflecting a substantial increase in recent days. For the question of oil hitting $150, the probability remains lower at 20.5%. Meanwhile, the Fed’s interest rate decision for June shows a 1.1% probability of
Stand With Crypto says its advocates have contacted lawmakers nearly 1.5 million times in support of the CLARITY Act. The Senate Banking Committee’s CLARITY Act is heading into Thursday’s markup, buried under opposition. According to reports, Senator Elizabeth Warren alone filed more than 40 amendments before Tuesday’s 5 p.m. ET deadline, and American Bankers
Anthropic and OpenAI have declared PreStocks tokens backed by their shares worthless, sending the Solana products down up to 39%. Summary Both companies said any transfer of their stock to special purpose vehicles without board approval is void, meaning buyers receive no shareholder rights. Anthropic named Open Door Partners, Hiive, Forge Global, and several others