May 16, 2026

Crypto

Crypto

Can Consensus 2026 spark Pi Network’s next move?

Pi Network will sponsor Consensus 2026 in Miami, placing the project before blockchain builders, investors, and policy figures.  Summary Pi Network will sponsor Consensus 2026 in Miami, with both founders scheduled to speak. Chengdiao Fan and Nicolas Kokkalis will address AI, Web3, and online identity verification. Protocol 22 and Protocol 23 upgrades could support smart

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Crypto

Brent crude stays above $107 amid Strait of Hormuz tensions

Brent crude prices remain above $107 amid continued geopolitical tensions, but the Polymarket contract for crude oil reaching an all-time high by April 30 has dropped to 1.2% YES, down from 2% a day ago. Market reaction With only six days left, traders are skeptical of a price surge above $120 per barrel. The market’s

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Crypto

PI outshines major altcoins as crypto market nears $2.7T

Pi Network’s PI (PI) token recovered over the weekend as several altcoins moved higher. PI rose more than 5% in 24 hours and traded above $0.18. Summary PI token gained over 5% in 24 hours, trading above $0.18 during weekend recovery move. Bitcoin briefly touched $78,200 before settling near $78,000 after several days of rangebound

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Crypto

Iran proposes plan to reopen Strait of Hormuz, ending naval blockade

Iran has proposed a new plan to prioritize reopening the Strait of Hormuz and ending its naval blockade. Strait of Hormuz traffic returning to normal by May 15 is at 16% YES, up from 15.5% earlier. Iran’s offer has nudged odds upward, with traders pricing in some probability of de-escalation. The May 15 market has

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Crypto

What Is BTC’s Most Likely Move in the Next Few Days

Bitcoin is trading at $78k, closing out the final week of April with a quiet but persistent grind higher that has now taken price above the $75k–$80k resistance band’s midpoint. The move has been orderly rather than explosive, and that measured character, combined with what the derivatives market is currently showing, may actually be setting

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Crypto

Why is XRP flat despite record ETF inflows?

Spot XRP ETFs recorded a new all-time high in cumulative net inflows after investor demand returned in April.  Summary Spot XRP ETFs reached $1.29 billion in cumulative inflows after April demand returned strongly again. XRP stayed near $1.43 despite fresh ETF inflows and renewed investor demand this week recently. Nearly 35 million XRP left exchanges,

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Crypto

Roberto Sánchez leads Peru election by 24,000 votes with 95.8% counted

With 95.89% of votes tallied, Roberto Sánchez leads Rafael López Aliaga by more than 24,000 votes in Peru’s 2026 presidential election. López Aliaga’s chances of winning sit at 2.1% YES, down from 4% yesterday. ## Market reaction The market for López Aliaga’s victory has declined steadily, from 8% a week ago to its current level,

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Crypto

Trump Will Sign the CLARITY Act ‘Immediately’ But There’s a Catch

The POTUS spoke at a crypto and fintech conference in his golf club in Palm Beach yesterday and mentioned the highly anticipated CLARITY Act. Just hours before attending another event in the White House from which he had to be evacuated after multiple gunshots were heard, US President Donald Trump delivered a 45-minute keynote

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Crypto

Crypto gridlock could benefit China, official warns

A White House-linked official has warned that failure to pass clear crypto rules in the United States could help China gain ground in digital assets. Summary Patrick Witt warned that failing to pass clear US crypto rules could benefit China’s digital asset ambitions. The CLARITY Act remains stalled as lawmakers debate stablecoin yield rules and

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Crypto

Iran rejects nuclear limits, seeks sanctions relief and Strait of Hormuz reopening

Iran has rejected nuclear limits in ceasefire talks, prioritizing sanctions relief and the reopening of the Strait of Hormuz. The odds of Iran agreeing to end uranium enrichment by April 30 have dropped to 3.6% YES, down from 50% a week ago. Market reaction This explicit stance from Iran kills any near-term prospect of a

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