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Can TRX Turn TRON’s 13.11M Transaction Record Into A Breakout?TRON (TRX) logged a single-day record of 13.11 million transactions in May, raising the question of whether the altcoin can clear its trend channel. TRON Activity Sets Monthly Record The network processed more than 13.11 million transactions in a single day this month. Daily averages have held above 10 million, with only minor dips below that mark. Stablecoin flows and retail payment activity are driving the surge, with institutional users also expanding their footprint on the chain. Justin Sun, the network's founder, has pointed to that mix in recent public remarks. The TRON Network briefly topped Hyperliquid in 24-hour fee revenue, generating roughly $1.30 million against Hyperliquid's $1.20 million, per Artemis figures. Ethereum (ETH) and Solana (SOL) trailed slightly behind in the same window. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided TRX Price Tests Trend Channel TRX traded with a market cap above $33 billion at press time, posting a gain of more than 33% over the past year. The altcoin is consolidating inside a falling trend channel on the charts. A similar setup propelled TRX from $0.32 to a year-to-date high of $0.36 after a breakout on May 1, with current resistance running from that peak. The Bull Bear Power indicator has flipped green, the same signal that preceded the earlier move. On-Balance Volume sits at 15.55 billion and has flattened after climbing earlier in May. The reading suggests buying continues even if momentum has cooled. Analysts say an upside break is the most likely outcome based on the prior pattern, though a failure at resistance would extend the channel. A breakdown could send TRX toward the 50% Fibonacci retracement near $0.3375. TRX Path In Recent Weeks The token reached an all-time high of $0.43 earlier in the cycle before pulling back. TRX has climbed roughly 7% in May 2026, hitting an eight-month high over the weekend, though some on-chain signals have flashed caution flags. Sun's network drew added attention this month after Moscow Exchange began publishing a TRX index on May 13, joining Solana, XRP and BNB on the Russian platform. Tron Inc., the Nasdaq-listed treasury vehicle, also reported $21.6 million in first-quarter net income earlier this week, with digital asset holdings climbing to roughly $225.1 million. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Can TRX Turn TRON’s 13.11M Transaction Record Into A Breakout?

TRON (TRX) logged a single-day record of 13.11 million transactions in May, raising the question of whether the altcoin can clear its trend channel.
TRON Activity Sets Monthly Record
The network processed more than 13.11 million transactions in a single day this month.
Daily averages have held above 10 million, with only minor dips below that mark.
Stablecoin flows and retail payment activity are driving the surge, with institutional users also expanding their footprint on the chain.
Justin Sun, the network's founder, has pointed to that mix in recent public remarks.
The TRON Network briefly topped Hyperliquid in 24-hour fee revenue, generating roughly $1.30 million against Hyperliquid's $1.20 million, per Artemis figures. Ethereum (ETH) and Solana (SOL) trailed slightly behind in the same window.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
TRX Price Tests Trend Channel
TRX traded with a market cap above $33 billion at press time, posting a gain of more than 33% over the past year. The altcoin is consolidating inside a falling trend channel on the charts.
A similar setup propelled TRX from $0.32 to a year-to-date high of $0.36 after a breakout on May 1, with current resistance running from that peak.
The Bull Bear Power indicator has flipped green, the same signal that preceded the earlier move.
On-Balance Volume sits at 15.55 billion and has flattened after climbing earlier in May. The reading suggests buying continues even if momentum has cooled.
Analysts say an upside break is the most likely outcome based on the prior pattern, though a failure at resistance would extend the channel. A breakdown could send TRX toward the 50% Fibonacci retracement near $0.3375.
TRX Path In Recent Weeks
The token reached an all-time high of $0.43 earlier in the cycle before pulling back. TRX has climbed roughly 7% in May 2026, hitting an eight-month high over the weekend, though some on-chain signals have flashed caution flags.
Sun's network drew added attention this month after Moscow Exchange began publishing a TRX index on May 13, joining Solana, XRP and BNB on the Russian platform. Tron Inc., the Nasdaq-listed treasury vehicle, also reported $21.6 million in first-quarter net income earlier this week, with digital asset holdings climbing to roughly $225.1 million.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Coinbase Takes On $5B USDC Treasury Role As Hyperliquid's USDH Winds DownCoinbase will take over as the official USDC (USDC) treasury deployer on Hyperliquid (HYPE), retiring the network's own USDH stablecoin. Coinbase Steps In as AQA Deployer The announcement came Thursday from Coinbase and Native Markets, the team that built USDH less than a year ago. Under the deal, Coinbase becomes the Aligned Quote Asset deployer for USDC on Hyperliquid, a role designed to channel reserve yield back into the network rather than to outside issuers. Native Markets has agreed to terms giving Coinbase the right to purchase USDH brand assets, while the startup itself stays independent. USDC supply on Hyperliquid sits near $5 billion, roughly double its level a year ago, according to figures Coinbase shared alongside the announcement. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided USDH Sunset and User Migration USDH markets are still fully functional, and the stablecoin remains fully backed by cash and short-dated U.S. Treasury equivalents during the wind-down. Users can keep redeeming USDH for USDC or fiat without fees through the official Native Markets dashboard. Native Markets said it will work with HIP-1 and HIP-3 deployers to complete the migration before USDH is fully sunset. CEO Mary-Catherine Lader, a former Uniswap Labs president, framed the agreement as proof that stablecoins should return value to the networks they serve, not extract it. Stablecoin Economics on a Faster Chain For Hyperliquid, the move concentrates trading liquidity in one asset on a chain that, per The Block, captures roughly 40% of all blockchain fees, ahead of Ethereum, Solana, and Tron. The partnership also extends Coinbase's push to broaden USDC use beyond centralized exchanges as stablecoin competition tightens. Analysts say the structure could pressure rival issuers to share more reserve yield with the venues hosting their tokens. Hyperliquid launched in November 2024 and quickly became the dominant onchain perpetual futures platform. Earlier this week, 21Shares debuted the first U.S. spot ETF tied to HYPE, an event Bloomberg's James Seyffart described as a solid but not explosive opening for an altcoin product. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Coinbase Takes On $5B USDC Treasury Role As Hyperliquid's USDH Winds Down

Coinbase will take over as the official USDC (USDC) treasury deployer on Hyperliquid (HYPE), retiring the network's own USDH stablecoin.
Coinbase Steps In as AQA Deployer
The announcement came Thursday from Coinbase and Native Markets, the team that built USDH less than a year ago.
Under the deal, Coinbase becomes the Aligned Quote Asset deployer for USDC on Hyperliquid, a role designed to channel reserve yield back into the network rather than to outside issuers.
Native Markets has agreed to terms giving Coinbase the right to purchase USDH brand assets, while the startup itself stays independent.
USDC supply on Hyperliquid sits near $5 billion, roughly double its level a year ago, according to figures Coinbase shared alongside the announcement.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
USDH Sunset and User Migration
USDH markets are still fully functional, and the stablecoin remains fully backed by cash and short-dated U.S. Treasury equivalents during the wind-down. Users can keep redeeming USDH for USDC or fiat without fees through the official Native Markets dashboard.
Native Markets said it will work with HIP-1 and HIP-3 deployers to complete the migration before USDH is fully sunset.
CEO Mary-Catherine Lader, a former Uniswap Labs president, framed the agreement as proof that stablecoins should return value to the networks they serve, not extract it.
Stablecoin Economics on a Faster Chain
For Hyperliquid, the move concentrates trading liquidity in one asset on a chain that, per The Block, captures roughly 40% of all blockchain fees, ahead of Ethereum, Solana, and Tron. The partnership also extends Coinbase's push to broaden USDC use beyond centralized exchanges as stablecoin competition tightens.
Analysts say the structure could pressure rival issuers to share more reserve yield with the venues hosting their tokens.
Hyperliquid launched in November 2024 and quickly became the dominant onchain perpetual futures platform. Earlier this week, 21Shares debuted the first U.S. spot ETF tied to HYPE, an event Bloomberg's James Seyffart described as a solid but not explosive opening for an altcoin product.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Can Venice Token Keep Its Privacy AI Premium After 11% Drop?Venice Token (VVV) reached the top spot on CoinGecko's trending list on May 14, 2026. The token traded at $13.38 against a $615.9M market cap. The appearance came despite an 11.3% price drop over the prior 24 hours. What Venice Token Does Venice runs AI inference on a decentralized network, sending user prompts to models hosted by independent operators instead of corporate servers. Its pitch is straightforward: no one, not even Venice itself, can see what users ask. That stance puts Venice on a different track from mainstream chatbots like ChatGPT and Gemini, which process queries on company-controlled infrastructure and can store them. Venice pushes the same work through a node network that pays operators in tokens. VVV powers that economy. Operators stake the token to win the right to handle queries, and holders tap into model inference without burning stablecoins on every prompt. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Metrics Behind the Trend VVV's 24-hour trading volume reached $107.7M at the time of the CoinGecko snapshot. That figure represents roughly 17.5% of the token's market cap. A volume-to-market-cap ratio in that range generally indicates active speculative interest rather than pure accumulation. The market cap rank stood at 90, placing VVV inside the top 100 by capitalization. The token's price in Bitcoin (BTC) terms was approximately 0.0001678 BTC. The 11.3% drawdown in USD terms mirrors a broad pullback across mid-cap crypto assets in the same window. Most CoinGecko trending tokens posted losses in the same period, suggesting macro or sector-wide selling rather than VVV-specific pressure. Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings Background Venice went live with its mainnet in early 2025 and rolled out the VVV token later that year to fuel its node incentive system. The project planted its flag in the decentralized physical infrastructure network category, better known as DePIN, a corner of crypto that found its moment as GPU demand swamped centralized cloud supply through 2025. Privacy in AI shifted from talking point to selling point that same year. Enterprise buyers started pressing for confidentiality guarantees that the big AI providers could not credibly deliver, and Venice built its node-based architecture squarely into that gap. The token's arrival on CoinGecko's trending board this week came alongside assets from unrelated corners of the market, the kind of mix that signals retail browsing across the board rather than a focused rotation into any one sector. Also Read: KISHU Rallies 39% While Thin Liquidity Raises The Stakes Trading Context VVV's $107.7M in daily volume came against a backdrop of wider market softness. Bitcoin traded below $80,000 during parts of the same 24-hour window, weighing on altcoin prices broadly. The token's market cap of $615.9M places it in a tier where institutional scanning is possible but retail sentiment remains the primary driver. Privacy-AI as a combined narrative has attracted periodic attention, but no major exchange listings or protocol upgrades were confirmed as catalysts for the May 14 trending appearance. Traders monitoring VVV should note that CoinGecko trending status is driven by a combination of search volume, watchlist additions, and price action. It does not in itself confirm new fundamental developments. Read Next: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena

Can Venice Token Keep Its Privacy AI Premium After 11% Drop?

Venice Token (VVV) reached the top spot on CoinGecko's trending list on May 14, 2026.
The token traded at $13.38 against a $615.9M market cap. The appearance came despite an 11.3% price drop over the prior 24 hours.
What Venice Token Does
Venice runs AI inference on a decentralized network, sending user prompts to models hosted by independent operators instead of corporate servers. Its pitch is straightforward: no one, not even Venice itself, can see what users ask.
That stance puts Venice on a different track from mainstream chatbots like ChatGPT and Gemini, which process queries on company-controlled infrastructure and can store them. Venice pushes the same work through a node network that pays operators in tokens.
VVV powers that economy. Operators stake the token to win the right to handle queries, and holders tap into model inference without burning stablecoins on every prompt.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Metrics Behind the Trend
VVV's 24-hour trading volume reached $107.7M at the time of the CoinGecko snapshot. That figure represents roughly 17.5% of the token's market cap. A volume-to-market-cap ratio in that range generally indicates active speculative interest rather than pure accumulation.
The market cap rank stood at 90, placing VVV inside the top 100 by capitalization. The token's price in Bitcoin (BTC) terms was approximately 0.0001678 BTC.
The 11.3% drawdown in USD terms mirrors a broad pullback across mid-cap crypto assets in the same window. Most CoinGecko trending tokens posted losses in the same period, suggesting macro or sector-wide selling rather than VVV-specific pressure.
Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Background
Venice went live with its mainnet in early 2025 and rolled out the VVV token later that year to fuel its node incentive system. The project planted its flag in the decentralized physical infrastructure network category, better known as DePIN, a corner of crypto that found its moment as GPU demand swamped centralized cloud supply through 2025.
Privacy in AI shifted from talking point to selling point that same year. Enterprise buyers started pressing for confidentiality guarantees that the big AI providers could not credibly deliver, and Venice built its node-based architecture squarely into that gap.
The token's arrival on CoinGecko's trending board this week came alongside assets from unrelated corners of the market, the kind of mix that signals retail browsing across the board rather than a focused rotation into any one sector.
Also Read: KISHU Rallies 39% While Thin Liquidity Raises The Stakes
Trading Context
VVV's $107.7M in daily volume came against a backdrop of wider market softness. Bitcoin traded below $80,000 during parts of the same 24-hour window, weighing on altcoin prices broadly.
The token's market cap of $615.9M places it in a tier where institutional scanning is possible but retail sentiment remains the primary driver. Privacy-AI as a combined narrative has attracted periodic attention, but no major exchange listings or protocol upgrades were confirmed as catalysts for the May 14 trending appearance.
Traders monitoring VVV should note that CoinGecko trending status is driven by a combination of search volume, watchlist additions, and price action. It does not in itself confirm new fundamental developments.
Read Next: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena
Bitget Wins Mexico Approval, Targets Top Latin America MarketBitget has registered with two Mexican regulators, clearing a path to operate under the country's virtual asset rules and expand across Latin America. Bitget Mexico Registration The crypto exchange said it secured vulnerable activity registration with Mexico's Tax Administration Service, known as SAT, and completed filings with the Financial Intelligence Unit, or UIF. The dual approval puts Bitget among the first global platforms to clear both steps in the country. Mexico has tightened oversight of digital assets through recent reforms that broadened anti-money-laundering duties for exchanges. Company executives described Mexico as one of Bitget's largest markets across Central and Latin America. They cited user growth and the country's regional financial weight as reasons for the focus. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Gracy Chen Comments Chief Executive Gracy Chen said local rules and financial systems shape how the exchange enters each new market. "By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions," she said. She added that ties with banks have grown more important as the firm pushes into varied markets. Bitget said the registrations strengthen its standing under Mexico's evolving framework. Latin American users are increasingly seeking digital asset access through platforms operating within local rules, according to Bitget. The company expects Mexico to anchor that shift, given its domestic market size and influence across the region. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Bitget Wins Mexico Approval, Targets Top Latin America Market

Bitget has registered with two Mexican regulators, clearing a path to operate under the country's virtual asset rules and expand across Latin America.
Bitget Mexico Registration
The crypto exchange said it secured vulnerable activity registration with Mexico's Tax Administration Service, known as SAT, and completed filings with the Financial Intelligence Unit, or UIF.
The dual approval puts Bitget among the first global platforms to clear both steps in the country.
Mexico has tightened oversight of digital assets through recent reforms that broadened anti-money-laundering duties for exchanges.
Company executives described Mexico as one of Bitget's largest markets across Central and Latin America. They cited user growth and the country's regional financial weight as reasons for the focus.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Gracy Chen Comments
Chief Executive Gracy Chen said local rules and financial systems shape how the exchange enters each new market.
"By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions," she said.
She added that ties with banks have grown more important as the firm pushes into varied markets. Bitget said the registrations strengthen its standing under Mexico's evolving framework.
Latin American users are increasingly seeking digital asset access through platforms operating within local rules, according to Bitget. The company expects Mexico to anchor that shift, given its domestic market size and influence across the region.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
How Claude Mythos And GPT-5.5 Quietly Rewrote The Math On Cyber DefenseAnthropic's Claude Mythos Preview and OpenAI's GPT-5.5, two frontier AI models, cleared autonomous cyber tasks at a pace that left existing capability forecasts trailing, researchers reported Wednesday. Frontier Models Outpace Trend Claude Mythos Preview and GPT-5.5 outperformed the doubling trend that the United Kingdom's AI Security Institute had been tracking since late 2024. AISI had estimated earlier this year that the 80% reliability cyber time horizon was doubling roughly every five months, down from an eight-month figure in November 2025. A newer checkpoint of Mythos Preview solved "The Last Ones," a 32-step simulated corporate network attack, in 6 of 10 attempts, and finished "Cooling Tower" in 3 of 10. GPT-5.5 cleared "The Last Ones" in 3 of 10 attempts. It was the first time any model had completed both AISI ranges. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Palo Alto Vulnpocalypse Warning Palo Alto Networks reported similar conclusions through its own testing. The firm scanned more than 130 products over the past month and uncovered 75 legitimate vulnerabilities, more than seven times its typical monthly count, all now patched. Lee Klarich, the company's tech chief, said organizations have a narrow window before adversaries gain similar capabilities. He estimated a "narrow three-to-five-month window for organizations to outpace the adversary." The AISI cautioned that its sample remains small and the hardest tasks have limited human comparison data. Even so, the institute said dropping any single model from the analysis shifts the doubling estimate by less than a month. METR, a nonprofit that tracks AI on software tasks, arrived at a near-identical figure of roughly four months. Capability Curve Steepens Anthropic limited the early Mythos rollout last month to a select group including Palo Alto Networks, CrowdStrike, Amazon, Apple and JPMorgan. OpenAI followed with its GPT-5.5-Cyber model and its Daybreak cyber initiative. The pace of change has steepened sharply over the past 18 months. AISI compressed its projected doubling period from eight months to 4.7 months in February 2026, then compressed it again after this latest round. The recalculated figure now sits closer to four months, mirroring METR's reading on software engineering tasks. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

How Claude Mythos And GPT-5.5 Quietly Rewrote The Math On Cyber Defense

Anthropic's Claude Mythos Preview and OpenAI's GPT-5.5, two frontier AI models, cleared autonomous cyber tasks at a pace that left existing capability forecasts trailing, researchers reported Wednesday.
Frontier Models Outpace Trend
Claude Mythos Preview and GPT-5.5 outperformed the doubling trend that the United Kingdom's AI Security Institute had been tracking since late 2024.
AISI had estimated earlier this year that the 80% reliability cyber time horizon was doubling roughly every five months, down from an eight-month figure in November 2025. A newer checkpoint of Mythos Preview solved "The Last Ones," a 32-step simulated corporate network attack, in 6 of 10 attempts, and finished "Cooling Tower" in 3 of 10. GPT-5.5 cleared "The Last Ones" in 3 of 10 attempts.
It was the first time any model had completed both AISI ranges.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Palo Alto Vulnpocalypse Warning
Palo Alto Networks reported similar conclusions through its own testing.
The firm scanned more than 130 products over the past month and uncovered 75 legitimate vulnerabilities, more than seven times its typical monthly count, all now patched.
Lee Klarich, the company's tech chief, said organizations have a narrow window before adversaries gain similar capabilities.
He estimated a "narrow three-to-five-month window for organizations to outpace the adversary."
The AISI cautioned that its sample remains small and the hardest tasks have limited human comparison data. Even so, the institute said dropping any single model from the analysis shifts the doubling estimate by less than a month. METR, a nonprofit that tracks AI on software tasks, arrived at a near-identical figure of roughly four months.
Capability Curve Steepens
Anthropic limited the early Mythos rollout last month to a select group including Palo Alto Networks, CrowdStrike, Amazon, Apple and JPMorgan.
OpenAI followed with its GPT-5.5-Cyber model and its Daybreak cyber initiative.
The pace of change has steepened sharply over the past 18 months. AISI compressed its projected doubling period from eight months to 4.7 months in February 2026, then compressed it again after this latest round. The recalculated figure now sits closer to four months, mirroring METR's reading on software engineering tasks.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Kalshi Logs 72% Of Weekly Prediction Market Volume Heading Into MayKalshi extended its lead over Polymarket in April, posting $14.8 billion in monthly volume as its rival recorded its first decline since August. Prediction Market Gap Widens In April The Dune Analytics data, shows, Polymarket volume slid 8.9% to $10.2 billion. Kalshi climbed roughly 13% from March, when it logged $13.07 billion, widening its monthly lead to $5.8 billion. Combined volume across major prediction markets reached $29.8 billion in April, a 12.4% gain from $26.5 billion the prior month. Kalshi has since captured 72.1% of weekly volume through early May, per DeFi Rate. Polymarket's active trader count fell from about 733,000 in March to 643,000 in April, a roughly 12% drop that tracked closely with the volume decline. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Warren And Wisconsin Tighten Screws A Polymarket spokesperson attributed part of the slide to a V2 platform upgrade rolled out April 28 that paused trading for an hour and wiped open orders. "We've let people down, and I'm not going to dress that up," vice president of engineering Josh Stevens told Bloomberg. Founder Shayne Coplan acknowledged at a Harvard event that the company had at times run "suboptimal" operations. The slide arrives as Washington scrutiny tightens. Sen. Elizabeth Warren and more than 40 lawmakers wrote to the Commodity Futures Trading Commission in March, urging the agency to treat event contracts as swaps under its jurisdiction. In April, Wisconsin Attorney General Josh Kaul filed suits against both platforms, alleging violations of state sports betting laws. Sports Tailwinds And AI Entrants The structural divide between the two venues is part of the story. Polymarket exited the U.S. market in 2022 under a CFTC settlement, then relaunched a domestic app in December 2025 that does not share liquidity with its offshore exchange. Kalshi, fully regulated as a designated contract market, has leaned harder into sports contracts, which account for roughly 85% of its activity once parlay-style products are included. The Masters tournament alone drove $545 million in notional volume on Kalshi in April, matching its Super Bowl single-game record. AI-native platform Prophet also launched its first live trading tranche in April, with an algorithm acting as a counterparty using real capital. Earlier this year, a U.S. special forces soldier was charged with using classified information to net more than $400,000 on Polymarket bets tied to the January operation against Venezuelan leader Nicolás Maduro. Through 2025, both venues rode election-year and sporting-event surges to record growth, with lifetime combined volume crossing $150 billion last month. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Kalshi Logs 72% Of Weekly Prediction Market Volume Heading Into May

Kalshi extended its lead over Polymarket in April, posting $14.8 billion in monthly volume as its rival recorded its first decline since August.
Prediction Market Gap Widens In April
The Dune Analytics data, shows, Polymarket volume slid 8.9% to $10.2 billion.
Kalshi climbed roughly 13% from March, when it logged $13.07 billion, widening its monthly lead to $5.8 billion.
Combined volume across major prediction markets reached $29.8 billion in April, a 12.4% gain from $26.5 billion the prior month.
Kalshi has since captured 72.1% of weekly volume through early May, per DeFi Rate. Polymarket's active trader count fell from about 733,000 in March to 643,000 in April, a roughly 12% drop that tracked closely with the volume decline.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Warren And Wisconsin Tighten Screws
A Polymarket spokesperson attributed part of the slide to a V2 platform upgrade rolled out April 28 that paused trading for an hour and wiped open orders.
"We've let people down, and I'm not going to dress that up," vice president of engineering Josh Stevens told Bloomberg.
Founder Shayne Coplan acknowledged at a Harvard event that the company had at times run "suboptimal" operations.
The slide arrives as Washington scrutiny tightens. Sen. Elizabeth Warren and more than 40 lawmakers wrote to the Commodity Futures Trading Commission in March, urging the agency to treat event contracts as swaps under its jurisdiction. In April, Wisconsin Attorney General Josh Kaul filed suits against both platforms, alleging violations of state sports betting laws.
Sports Tailwinds And AI Entrants
The structural divide between the two venues is part of the story. Polymarket exited the U.S. market in 2022 under a CFTC settlement, then relaunched a domestic app in December 2025 that does not share liquidity with its offshore exchange. Kalshi, fully regulated as a designated contract market, has leaned harder into sports contracts, which account for roughly 85% of its activity once parlay-style products are included.
The Masters tournament alone drove $545 million in notional volume on Kalshi in April, matching its Super Bowl single-game record. AI-native platform Prophet also launched its first live trading tranche in April, with an algorithm acting as a counterparty using real capital.
Earlier this year, a U.S. special forces soldier was charged with using classified information to net more than $400,000 on Polymarket bets tied to the January operation against Venezuelan leader Nicolás Maduro. Through 2025, both venues rode election-year and sporting-event surges to record growth, with lifetime combined volume crossing $150 billion last month.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Wall Street Giant Charles Schwab Taps Paxos To Run Spot Bitcoin Trades For RetailCharles Schwab has opened direct spot Bitcoin (BTC) and Ethereum (ETH) trading to a first wave of its 39 million U.S. retail clients. Schwab Crypto Goes Live For 39M Accounts The brokerage confirmed on May 13 that an initial group of eligible investors can now buy and sell the two largest cryptocurrencies through a new platform called Schwab Crypto. Schwab Premier Bank acts as custodian. Paxos, an OCC-regulated trust, handles trade execution and sub-custody. Each trade carries a 75 basis-point fee, equal to 0.75% of the transaction value. Crypto assets sit in separate Schwab Crypto accounts linked to existing brokerage profiles, not inside standard portfolios. The service is live in every U.S. state except New York and Louisiana, where licensing rules still apply. Joe Vietri, who leads digital assets at the firm, said Schwab wants to be a place where retail investors can add digital assets with confidence. The company plans to add more tokens later and eventually allow deposits and withdrawals of previously held coins. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Wall Street Targets Coinbase And Robinhood Schwab, which manages more than $12 trillion in client assets, now competes directly with Coinbase, Robinhood, and Fidelity for retail crypto flow. The firm has said its clients already hold roughly 20% of all crypto exchange-traded products in the market. That base gives it an unusually wide funnel to convert ETF holders into direct buyers. Analysts at CryptoTimes noted that Paxos secured OCC-regulated national trust status in December 2025, a credential that pure-play exchanges spent years pursuing. The Schwab pairing leans on that footing. Schwab's fee also sits below Fidelity's 1% rate but above E*TRADE's 0.50%, per CryptoBriefing's comparison. The pricing slot puts pressure on rivals as the brokerage industry races to normalize digital assets. Bitcoin Adoption Path At Schwab Schwab first signaled the direct-trading push in 2025, then detailed the plan in an April 16 press release, ahead of months of internal testing. Until this week, the firm's crypto exposure ran only through indirect products, spot Bitcoin and Ether ETFs, options on those funds, futures, and a handful of mutual funds. The rollout marks the company's first move into direct custody of customer coins, executed through a partner bank rather than an in-house wallet. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Wall Street Giant Charles Schwab Taps Paxos To Run Spot Bitcoin Trades For Retail

Charles Schwab has opened direct spot Bitcoin (BTC) and Ethereum (ETH) trading to a first wave of its 39 million U.S. retail clients.
Schwab Crypto Goes Live For 39M Accounts
The brokerage confirmed on May 13 that an initial group of eligible investors can now buy and sell the two largest cryptocurrencies through a new platform called Schwab Crypto.
Schwab Premier Bank acts as custodian. Paxos, an OCC-regulated trust, handles trade execution and sub-custody.
Each trade carries a 75 basis-point fee, equal to 0.75% of the transaction value. Crypto assets sit in separate Schwab Crypto accounts linked to existing brokerage profiles, not inside standard portfolios. The service is live in every U.S. state except New York and Louisiana, where licensing rules still apply.
Joe Vietri, who leads digital assets at the firm, said Schwab wants to be a place where retail investors can add digital assets with confidence. The company plans to add more tokens later and eventually allow deposits and withdrawals of previously held coins.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Wall Street Targets Coinbase And Robinhood
Schwab, which manages more than $12 trillion in client assets, now competes directly with Coinbase, Robinhood, and Fidelity for retail crypto flow.
The firm has said its clients already hold roughly 20% of all crypto exchange-traded products in the market. That base gives it an unusually wide funnel to convert ETF holders into direct buyers.
Analysts at CryptoTimes noted that Paxos secured OCC-regulated national trust status in December 2025, a credential that pure-play exchanges spent years pursuing. The Schwab pairing leans on that footing.
Schwab's fee also sits below Fidelity's 1% rate but above E*TRADE's 0.50%, per CryptoBriefing's comparison. The pricing slot puts pressure on rivals as the brokerage industry races to normalize digital assets.
Bitcoin Adoption Path At Schwab
Schwab first signaled the direct-trading push in 2025, then detailed the plan in an April 16 press release, ahead of months of internal testing.
Until this week, the firm's crypto exposure ran only through indirect products, spot Bitcoin and Ether ETFs, options on those funds, futures, and a handful of mutual funds. The rollout marks the company's first move into direct custody of customer coins, executed through a partner bank rather than an in-house wallet.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Dogecoin Bulls Sneak Past $0.1150 As Triangle Coils For Next MoveDogecoin (DOGE) pushed past the $0.1150 mark on Thursday, with traders eyeing a contracting triangle that could deliver a fresh leg higher or pull the meme coin back to $0.1075. DOGE Price Climbs Above $0.1150 The token climbed past the $0.1120 resistance on May 14, analyst Aayush Jindal reported, with a session high of $0.1153 against the US dollar. DOGE is now consolidating just below that peak. It is trading above the 100-hourly simple moving average, with a contracting triangle forming on the hourly DOGE/USD chart. Support sits at $0.1115, near the 61.8% Fibonacci retracement of the move from the $0.1095 swing low to the $0.1153 high. CoinGecko data corroborates the rally, showing a 3.90% daily gain and 24-hour volume above $1.93 billion. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Resistance Levels And Trader Outlook Immediate resistance now sits near $0.1140, followed by $0.1150 and $0.1165. A close above $0.1165 could open the door toward $0.1200 and then $0.1220, with $0.1250 as the next major target. Jindal noted that the hourly MACD is losing momentum in the bullish zone, even as the RSI holds above 50. A failure to reclaim $0.1150 could prompt a downside correction. Initial support rests at $0.1115, with $0.1100 below it. The main floor sits at $0.1075, and a break there could send the price toward $0.1030 or $0.1020. The setup echoes earlier May analysis, which flagged the $0.105 to $0.110 zone as a former resistance now acting as support, with $0.13 to $0.15 as the next upside target if bulls hold their ground. Recent DOGE Price History Dogecoin began May trading near $0.11, after months stuck in a $0.095 to $0.10 consolidation range. The breakout above $0.10 in early May marked the token's first sustained move out of that band since the prior quarter. DOGE remains down roughly 84% from its all-time high of $0.7316, set during the 2021 meme coin rally, with a market capitalization near $17.6 billion at current levels. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Dogecoin Bulls Sneak Past $0.1150 As Triangle Coils For Next Move

Dogecoin (DOGE) pushed past the $0.1150 mark on Thursday, with traders eyeing a contracting triangle that could deliver a fresh leg higher or pull the meme coin back to $0.1075.
DOGE Price Climbs Above $0.1150
The token climbed past the $0.1120 resistance on May 14, analyst Aayush Jindal reported, with a session high of $0.1153 against the US dollar.
DOGE is now consolidating just below that peak. It is trading above the 100-hourly simple moving average, with a contracting triangle forming on the hourly DOGE/USD chart.
Support sits at $0.1115, near the 61.8% Fibonacci retracement of the move from the $0.1095 swing low to the $0.1153 high.
CoinGecko data corroborates the rally, showing a 3.90% daily gain and 24-hour volume above $1.93 billion.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Resistance Levels And Trader Outlook
Immediate resistance now sits near $0.1140, followed by $0.1150 and $0.1165. A close above $0.1165 could open the door toward $0.1200 and then $0.1220, with $0.1250 as the next major target.
Jindal noted that the hourly MACD is losing momentum in the bullish zone, even as the RSI holds above 50.
A failure to reclaim $0.1150 could prompt a downside correction.
Initial support rests at $0.1115, with $0.1100 below it. The main floor sits at $0.1075, and a break there could send the price toward $0.1030 or $0.1020.
The setup echoes earlier May analysis, which flagged the $0.105 to $0.110 zone as a former resistance now acting as support, with $0.13 to $0.15 as the next upside target if bulls hold their ground.
Recent DOGE Price History
Dogecoin began May trading near $0.11, after months stuck in a $0.095 to $0.10 consolidation range. The breakout above $0.10 in early May marked the token's first sustained move out of that band since the prior quarter.
DOGE remains down roughly 84% from its all-time high of $0.7316, set during the 2021 meme coin rally, with a market capitalization near $17.6 billion at current levels.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Pro-Bitcoin Kevin Warsh Wins Fed Chair After Closest Vote In Modern HistoryThe Senate confirmed Kevin Warsh as the 17th chair of the Federal Reserve on Wednesday in a 54-45 vote, with Bitcoin (BTC) trading near $79,500 minutes after the result. Warsh Confirmation Vote Details Warsh will replace outgoing chair Jerome Powell, whose eight-year term expires Friday, CNN reported. The tally was the closest in modern Fed history, with only Pennsylvania Democrat John Fetterman crossing the aisle to support the nominee, according to CNBC. Senate Majority Leader John Thune told colleagues during a floor speech that a Fed chair must understand both macro conditions and the daily concerns of working Americans, NPR noted. The 56-year-old former Fed governor served on the board from 2006 to 2011, joining at age 35 as the youngest appointee in the institution's history. His first FOMC meeting as chair is scheduled for Jun. 16-17. Powell intends to remain on the board as a governor, an unusual move for an outgoing chair. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Crypto Market Reaction And Industry Stakes Bitcoin barely moved after the vote, with prices hovering just under $80,000 on CoinGecko, Decrypt showed. Warsh is the first incoming Fed chair to have held direct exposure to digital assets, including a stake in Bitcoin payments startup Flashnet and ties to Bitwise and stablecoin project Basis. Senator Cynthia Lummis of Wyoming welcomed the result, saying American digital asset holders finally have a leader at the Fed ready to deliver for them. Warsh has previously called Bitcoin "an important asset" and a "very good policeman for policy" at a Hoover Institution event, framing it as a signal of monetary credibility rather than a threat to the dollar. But traders are not pricing in immediate relief. With April inflation jumping to a three-year high of 3.8%, Polymarket puts the odds of no rate cut at the June meeting at 97%. Powell's Departure And Recent Fed Tensions Powell's exit closes a chapter shaped by relentless public attacks from Donald Trump, who has demanded lower borrowing costs for more than a year. The outgoing chair pledged to keep a low profile while remaining on the board, citing the need to protect the institution from political interference. The handover also follows a Justice Department probe into Powell's congressional testimony on a Fed headquarters renovation. That investigation, led by DC US Attorney Jeanine Pirro, was dropped last month after Senator Thom Tillis initially blocked the Warsh nomination in protest. Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Pro-Bitcoin Kevin Warsh Wins Fed Chair After Closest Vote In Modern History

The Senate confirmed Kevin Warsh as the 17th chair of the Federal Reserve on Wednesday in a 54-45 vote, with Bitcoin (BTC) trading near $79,500 minutes after the result.
Warsh Confirmation Vote Details
Warsh will replace outgoing chair Jerome Powell, whose eight-year term expires Friday, CNN reported. The tally was the closest in modern Fed history, with only Pennsylvania Democrat John Fetterman crossing the aisle to support the nominee, according to CNBC.
Senate Majority Leader John Thune told colleagues during a floor speech that a Fed chair must understand both macro conditions and the daily concerns of working Americans, NPR noted.
The 56-year-old former Fed governor served on the board from 2006 to 2011, joining at age 35 as the youngest appointee in the institution's history.
His first FOMC meeting as chair is scheduled for Jun. 16-17. Powell intends to remain on the board as a governor, an unusual move for an outgoing chair.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Crypto Market Reaction And Industry Stakes
Bitcoin barely moved after the vote, with prices hovering just under $80,000 on CoinGecko, Decrypt showed.
Warsh is the first incoming Fed chair to have held direct exposure to digital assets, including a stake in Bitcoin payments startup Flashnet and ties to Bitwise and stablecoin project Basis.
Senator Cynthia Lummis of Wyoming welcomed the result, saying American digital asset holders finally have a leader at the Fed ready to deliver for them.
Warsh has previously called Bitcoin "an important asset" and a "very good policeman for policy" at a Hoover Institution event, framing it as a signal of monetary credibility rather than a threat to the dollar.
But traders are not pricing in immediate relief. With April inflation jumping to a three-year high of 3.8%, Polymarket puts the odds of no rate cut at the June meeting at 97%.
Powell's Departure And Recent Fed Tensions
Powell's exit closes a chapter shaped by relentless public attacks from Donald Trump, who has demanded lower borrowing costs for more than a year.
The outgoing chair pledged to keep a low profile while remaining on the board, citing the need to protect the institution from political interference.
The handover also follows a Justice Department probe into Powell's congressional testimony on a Fed headquarters renovation. That investigation, led by DC US Attorney Jeanine Pirro, was dropped last month after Senator Thom Tillis initially blocked the Warsh nomination in protest.
Read Next: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
KISHU Rallies 39% While Thin Liquidity Raises The StakesKishu Inu (KISHU) posted a 39% price gain in the 24 hours ending May 14, 2026. The token landed on CoinGecko's trending list at rank 10 despite a market cap of just $27.8M and daily trading volume of $484,806. What the Numbers Show KISHU traded at approximately $0.000000000287 at the time of this scan. That price sits near the bottom of the token's historical range. The 39% move lifts it off multi-month lows but does not approach previous cycle highs. Daily volume at $484,806 remains thin relative to market cap. A volume-to-market-cap ratio of roughly 1.7% suggests most holders are not actively trading. That reading is low even by meme-coin standards. The token holds market cap rank 765 on CoinGecko. Appearing on the trending list from that rank position is uncommon. Trending placement is determined partly by search interest and social engagement, not purely by capitalization. Also Read: Superform Rallies Nearly 100% With Yield Protocol Back On Traders' Radar What Is Kishu Inu Kishu Inu launched in April 2021 as a community-driven meme project on Ethereum (ETH). Its creators positioned it alongside early dog-coin peers. The project incorporated a passive rewards mechanism, distributing a percentage of each transaction to existing holders. Like most meme tokens from the 2021 wave, KISHU saw its peak market cap during the broader altcoin mania of that year. The token then entered a prolonged decline that erased the majority of its dollar value over the following years. The project has no disclosed development roadmap or active product suite. Its value proposition rests primarily on community loyalty and periodic speculation cycles. Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings The Broader Meme Coin Context Meme tokens have logged uneven performance in 2026. Large-cap names like Dogecoin (DOGE) and Shiba Inu (SHIB) have retained more consistent trading interest. Smaller dog-themed tokens like KISHU tend to see activity in concentrated bursts tied to trending placement or social media amplification. This scan period also shows TROLL, a Solana (SOL)-based meme coin, gaining over 26% in the same window. That simultaneous movement across two unrelated meme tokens suggests a modest risk-on shift among speculative traders rather than a token-specific catalyst. CoinGecko's trending list tends to amplify momentum. A token that appears on the list attracts additional attention, which can extend short-term price moves. That dynamic also means reversals can be sharp once trending placement ends. Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover? Risks and Liquidity Considerations KISHU's thin daily volume creates meaningful risk for active traders. At $484,806 in 24-hour volume, a large individual order can move the price materially in either direction. Bid-ask spreads on low-liquidity tokens also tend to widen during volatility. The token's fractional price per unit does not imply low cost in percentage terms. A 39% gain can reverse just as quickly in an asset with no fundamental anchor. Holders from the 2021 launch cycle remain deeply underwater in dollar terms despite the current move. A 39% gain from near-zero does not meaningfully change that picture for long-term bag holders. Read Next: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena

KISHU Rallies 39% While Thin Liquidity Raises The Stakes

Kishu Inu (KISHU) posted a 39% price gain in the 24 hours ending May 14, 2026.
The token landed on CoinGecko's trending list at rank 10 despite a market cap of just $27.8M and daily trading volume of $484,806.
What the Numbers Show
KISHU traded at approximately $0.000000000287 at the time of this scan. That price sits near the bottom of the token's historical range. The 39% move lifts it off multi-month lows but does not approach previous cycle highs.
Daily volume at $484,806 remains thin relative to market cap.
A volume-to-market-cap ratio of roughly 1.7% suggests most holders are not actively trading. That reading is low even by meme-coin standards.
The token holds market cap rank 765 on CoinGecko. Appearing on the trending list from that rank position is uncommon. Trending placement is determined partly by search interest and social engagement, not purely by capitalization.
Also Read: Superform Rallies Nearly 100% With Yield Protocol Back On Traders' Radar
What Is Kishu Inu
Kishu Inu launched in April 2021 as a community-driven meme project on Ethereum (ETH). Its creators positioned it alongside early dog-coin peers. The project incorporated a passive rewards mechanism, distributing a percentage of each transaction to existing holders.
Like most meme tokens from the 2021 wave, KISHU saw its peak market cap during the broader altcoin mania of that year.
The token then entered a prolonged decline that erased the majority of its dollar value over the following years.
The project has no disclosed development roadmap or active product suite. Its value proposition rests primarily on community loyalty and periodic speculation cycles.
Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
The Broader Meme Coin Context
Meme tokens have logged uneven performance in 2026. Large-cap names like Dogecoin (DOGE) and Shiba Inu (SHIB) have retained more consistent trading interest. Smaller dog-themed tokens like KISHU tend to see activity in concentrated bursts tied to trending placement or social media amplification.
This scan period also shows TROLL, a Solana (SOL)-based meme coin, gaining over 26% in the same window. That simultaneous movement across two unrelated meme tokens suggests a modest risk-on shift among speculative traders rather than a token-specific catalyst.
CoinGecko's trending list tends to amplify momentum. A token that appears on the list attracts additional attention, which can extend short-term price moves. That dynamic also means reversals can be sharp once trending placement ends.
Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover?
Risks and Liquidity Considerations
KISHU's thin daily volume creates meaningful risk for active traders. At $484,806 in 24-hour volume, a large individual order can move the price materially in either direction. Bid-ask spreads on low-liquidity tokens also tend to widen during volatility.
The token's fractional price per unit does not imply low cost in percentage terms. A 39% gain can reverse just as quickly in an asset with no fundamental anchor.
Holders from the 2021 launch cycle remain deeply underwater in dollar terms despite the current move. A 39% gain from near-zero does not meaningfully change that picture for long-term bag holders.
Read Next: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena
AI Helps Unlock Decade-Old Bitcoin Fortune After 7 Trillion Failed Password AttemptsA decade-long struggle to recover a locked Bitcoin (BTC) fortune has ended in success after a crypto owner used Artificial Intelligence to bypass a password he forgot while under the influence in college. Casper Kirschner, who shared the details of his recovery on social media, successfully unlocked 5.25 BTC valued at approximately $420,000 at current market prices after eleven years of failed attempts. The recovery marks a rare victory in the world of "lost" crypto, where billions of dollars remain inaccessible due to forgotten credentials. The 11 Year Mistake The story began in 2015 when Kirschner, then a college student, decided to change the password on his digital wallet. According to Kirschner, he was "high" at the time and immediately forgot the new credentials he had created. For over a decade, the 5.25 BTC sat untouched as Bitcoin’s value skyrocketed from a few hundred dollars to record highs. Kirschner exhausted nearly every traditional method to regain access, including hiring professional recovery services and attempting to "brute force" the wallet. He estimated that he had run 7 trillion different password combinations over the years without success. How The Recovery Happened The breakthrough came when Kirschner turned to Claude, an AI model developed by Anthropic. Instead of asking the AI to guess the password, he provided it with unstructured data and local files from his old computer. Also Read: Ethereum Holds Near $2,244 While Search Interest Starts To Climb The AI performed a forensic-style analysis of the legacy files. During this process, it identified a logical flaw in the way Kirschner was approaching the recovery. By correlating old files and scripts, the AI helped him locate an older version of the wallet file that predated the forgotten password. This allowed him to bypass the 2015 "college mistake" entirely and move the funds to a new, secure address. The Broader 'Lost Crypto' Problem Kirschner’s success is a statistical outlier in an industry plagued by permanent data loss. According to data from the blockchain analysis firm Chainalysis, roughly 20% of all existing Bitcoin, worth billions of dollars, is estimated to be lost or stuck in wallets that cannot be accessed by their owners. While most "lost" stories end with users accidentally throwing away hard drives or losing paper keys, Kirschner’s case highlights how generative AI is beginning to play a role in digital forensics and legacy data recovery. Following the recovery, Kirschner confirmed he fulfilled a promise to pay a 5% "finder's fee" to a contact who encouraged him to try the AI-led approach. Read Next: Injective Posts 16% Daily Gain, Putting DeFi Layer-1s Back In Focus

AI Helps Unlock Decade-Old Bitcoin Fortune After 7 Trillion Failed Password Attempts

A decade-long struggle to recover a locked Bitcoin (BTC) fortune has ended in success after a crypto owner used Artificial Intelligence to bypass a password he forgot while under the influence in college.
Casper Kirschner, who shared the details of his recovery on social media, successfully unlocked 5.25 BTC valued at approximately $420,000 at current market prices after eleven years of failed attempts.
The recovery marks a rare victory in the world of "lost" crypto, where billions of dollars remain inaccessible due to forgotten credentials.
The 11 Year Mistake
The story began in 2015 when Kirschner, then a college student, decided to change the password on his digital wallet. According to Kirschner, he was "high" at the time and immediately forgot the new credentials he had created.
For over a decade, the 5.25 BTC sat untouched as Bitcoin’s value skyrocketed from a few hundred dollars to record highs. Kirschner exhausted nearly every traditional method to regain access, including hiring professional recovery services and attempting to "brute force" the wallet.
He estimated that he had run 7 trillion different password combinations over the years without success.
How The Recovery Happened
The breakthrough came when Kirschner turned to Claude, an AI model developed by Anthropic. Instead of asking the AI to guess the password, he provided it with unstructured data and local files from his old computer.
Also Read: Ethereum Holds Near $2,244 While Search Interest Starts To Climb The AI performed a forensic-style analysis of the legacy files. During this process, it identified a logical flaw in the way Kirschner was approaching the recovery. By correlating old files and scripts, the AI helped him locate an older version of the wallet file that predated the forgotten password.
This allowed him to bypass the 2015 "college mistake" entirely and move the funds to a new, secure address.
The Broader 'Lost Crypto' Problem
Kirschner’s success is a statistical outlier in an industry plagued by permanent data loss. According to data from the blockchain analysis firm Chainalysis, roughly 20% of all existing Bitcoin, worth billions of dollars, is estimated to be lost or stuck in wallets that cannot be accessed by their owners.
While most "lost" stories end with users accidentally throwing away hard drives or losing paper keys, Kirschner’s case highlights how generative AI is beginning to play a role in digital forensics and legacy data recovery.
Following the recovery, Kirschner confirmed he fulfilled a promise to pay a 5% "finder's fee" to a contact who encouraged him to try the AI-led approach.
Read Next: Injective Posts 16% Daily Gain, Putting DeFi Layer-1s Back In Focus
Ethereum Holds Near $2,244 While Search Interest Starts To ClimbEthereum (ETH) is trading near $2,244 on May 13, 2026, with a 24-hour decline of roughly 1.1% against the dollar. At the same time, Google Trends data shows a sharp rise in related searches, with "ethereum price gbp" posting a rising query value of 31,100 in the past hour. What the Search Data Shows Google Trends rising queries tied to Ethereum dominated this hour's scan. "Ethereum price gbp," "nasdaq composite," and "s&p 500" all appeared at the top of the Ethereum-related search cluster. The pattern suggests broader macro concern is mixing with direct ETH price interest. "JP morgan ethereum" also posted a rising value of 150, reflecting ongoing institutional curiosity around the asset. Separate searches for "solana kurs" and "ethereum precio dólar" confirm international demand for Ethereum price data across multiple regions. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided CoinGecko Rank and Volume CoinGecko placed ETH at position 11 in its trending list at the time of this scan. Ethereum carries a market cap of approximately $270.7 billion at current prices. Daily trading volume reached $13.6 billion in the past 24 hours. That volume figure represents significant participation relative to the asset's size. ETH's price in BTC terms sits near 0.02845, a slight 0.69% gain against Bitcoin (BTC) over the same period. Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings Background Ethereum has spent much of 2026 navigating the tension between layer-2 growth and base-layer fee compression. Gas fee revenue on the mainnet declined in early 2026 as Ethereum's own scaling roadmap succeeded in pushing activity toward rollups. The asset dropped below $2,000 in late March before recovering through April. Yellow covered Ethereum's DeFi interaction landscape (see prior Yellow coverage), when protocols built on top of the network also began posting stronger volume figures. The broader recovery in ETH price from $1,900-range lows has been gradual rather than sharp. Also Read: Zcash Climbs 5% As Privacy Coins Move Back Into The Market Spotlight Why Macro Queries Are Appearing in Ethereum Searches The co-appearance of "nasdaq composite" and "s&p 500" in Ethereum's Google Trends cluster is not unusual for this period. ETH has traded with a positive correlation to US equities for much of the past two years. When equity markets show intraday volatility, retail search behavior tends to bundle crypto and stock queries together. That pattern repeated this hour. AMD and Nvidia stock queries also appeared in the same trending cluster, pointing to a tech-heavy search session. Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover? What Traders Are Watching ETH's price sits below its April highs but above the March lows. The $2,200-to-$2,300 range has acted as a consolidation zone through the past two weeks. Volume at $13.6 billion remains healthy for a mild pullback day. Ethereum's BTC-denominated gain of 0.69% over 24 hours indicates that ETH is outperforming Bitcoin slightly on a relative basis today. That metric tends to draw attention from traders rotating between the two largest assets. Read Next: Saga Surges 171% In 24 Hours As Volume Hits $588M On A $19M Market Cap

Ethereum Holds Near $2,244 While Search Interest Starts To Climb

Ethereum (ETH) is trading near $2,244 on May 13, 2026, with a 24-hour decline of roughly 1.1% against the dollar.
At the same time, Google Trends data shows a sharp rise in related searches, with "ethereum price gbp" posting a rising query value of 31,100 in the past hour.
What the Search Data Shows
Google Trends rising queries tied to Ethereum dominated this hour's scan. "Ethereum price gbp," "nasdaq composite," and "s&p 500" all appeared at the top of the Ethereum-related search cluster.
The pattern suggests broader macro concern is mixing with direct ETH price interest.
"JP morgan ethereum" also posted a rising value of 150, reflecting ongoing institutional curiosity around the asset.
Separate searches for "solana kurs" and "ethereum precio dólar" confirm international demand for Ethereum price data across multiple regions.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
CoinGecko Rank and Volume
CoinGecko placed ETH at position 11 in its trending list at the time of this scan. Ethereum carries a market cap of approximately $270.7 billion at current prices.
Daily trading volume reached $13.6 billion in the past 24 hours.
That volume figure represents significant participation relative to the asset's size. ETH's price in BTC terms sits near 0.02845, a slight 0.69% gain against Bitcoin (BTC) over the same period.
Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Background
Ethereum has spent much of 2026 navigating the tension between layer-2 growth and base-layer fee compression. Gas fee revenue on the mainnet declined in early 2026 as Ethereum's own scaling roadmap succeeded in pushing activity toward rollups. The asset dropped below $2,000 in late March before recovering through April. Yellow covered Ethereum's DeFi interaction landscape (see prior Yellow coverage), when protocols built on top of the network also began posting stronger volume figures. The broader recovery in ETH price from $1,900-range lows has been gradual rather than sharp.
Also Read: Zcash Climbs 5% As Privacy Coins Move Back Into The Market Spotlight
Why Macro Queries Are Appearing in Ethereum Searches
The co-appearance of "nasdaq composite" and "s&p 500" in Ethereum's Google Trends cluster is not unusual for this period.
ETH has traded with a positive correlation to US equities for much of the past two years. When equity markets show intraday volatility, retail search behavior tends to bundle crypto and stock queries together. That pattern repeated this hour.
AMD and Nvidia stock queries also appeared in the same trending cluster, pointing to a tech-heavy search session.
Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover?
What Traders Are Watching
ETH's price sits below its April highs but above the March lows. The $2,200-to-$2,300 range has acted as a consolidation zone through the past two weeks. Volume at $13.6 billion remains healthy for a mild pullback day. Ethereum's BTC-denominated gain of 0.69% over 24 hours indicates that ETH is outperforming Bitcoin slightly on a relative basis today. That metric tends to draw attention from traders rotating between the two largest assets.
Read Next: Saga Surges 171% In 24 Hours As Volume Hits $588M On A $19M Market Cap
Injective Posts 16% Daily Gain, Putting DeFi Layer-1s Back In FocusInjective (INJ) is trading at approximately $5.40 on May 13, 2026, up 16.4% against the dollar over the past 24 hours. CoinGecko places INJ at rank 103 by market cap and at position five on its trending list for this hour. Price and Volume at a Glance Injective's market cap stood at $541.2M at the time of this scan. Daily trading volume reached $453.3M, a figure that is roughly 84% of the token's total market capitalization. High volume-to-market-cap ratios of this magnitude typically reflect concentrated short-term trading activity. INJ gained 18.6% against Bitcoin (BTC) over the same 24-hour window. Against Solana (SOL), INJ posted a 20.8% gain, reinforcing its outperformance across major crypto pairs today. Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided Injective's Protocol Design Injective operates as an interoperable Layer-1 blockchain built specifically for decentralized finance. Its core architecture includes on-chain financial infrastructure modules. Developers use these modules to build decentralized exchanges, prediction markets, and lending protocols. The chain supports cross-chain bridging with both EVM-compatible networks like Ethereum (ETH) and non-EVM networks like Solana. That cross-chain capability has been a consistent differentiator as multi-chain DeFi activity has grown through 2025 and 2026. Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings Background Injective launched its mainnet in late 2021 and spent much of 2022 and 2023 building out its developer ecosystem. The token reached an all-time high near $53 in early 2024 before pulling back significantly through the remainder of that year. In 2025, INJ traded in a compressed range between $7 and $20 for much of the year. The asset then declined further into 2026 alongside broader altcoin pressure. At $5.40, INJ remains well below its 2024 peak but has now posted two strong trending appearances on CoinGecko within the past five hours. Also Read: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena What Is Driving the Move No single catalyst announcement is available to explain the 16% move. The volume pattern, at $453M against a $541M market cap, points to active speculative trading rather than organic protocol usage growth. INJ's appearance on the CoinGecko trending list amplifies visibility. Trending placement creates a feedback loop where new traders discover the token through the trending page and add to volume. This dynamic is common in lower-liquidity altcoins during active market sessions. Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover? Where INJ Stands in the DeFi Layer-1 Field Injective competes in a crowded Layer-1 DeFi segment. Chains like Hyperliquid (HYPE), which carries a $671M market cap and focuses on perpetual trading, occupy adjacent territory. INJ's broader DeFi application scope, covering spot trading, lending, and prediction markets, positions it differently from pure-play perpetuals chains. At $541M, Injective's market cap sits below several peer protocols but above the long tail of smaller DeFi-native chains. Read Next: Superform Rallies Nearly 100% With Yield Protocol Back On Traders' Radar

Injective Posts 16% Daily Gain, Putting DeFi Layer-1s Back In Focus

Injective (INJ) is trading at approximately $5.40 on May 13, 2026, up 16.4% against the dollar over the past 24 hours.
CoinGecko places INJ at rank 103 by market cap and at position five on its trending list for this hour.
Price and Volume at a Glance
Injective's market cap stood at $541.2M at the time of this scan. Daily trading volume reached $453.3M, a figure that is roughly 84% of the token's total market capitalization.
High volume-to-market-cap ratios of this magnitude typically reflect concentrated short-term trading activity. INJ gained 18.6% against Bitcoin (BTC) over the same 24-hour window. Against Solana (SOL), INJ posted a 20.8% gain, reinforcing its outperformance across major crypto pairs today.
Also Read: Ripple's Schwartz Says Bitcoin's Mining Model Is The Flaw XRP Avoided
Injective's Protocol Design
Injective operates as an interoperable Layer-1 blockchain built specifically for decentralized finance. Its core architecture includes on-chain financial infrastructure modules. Developers use these modules to build decentralized exchanges, prediction markets, and lending protocols.
The chain supports cross-chain bridging with both EVM-compatible networks like Ethereum (ETH) and non-EVM networks like Solana. That cross-chain capability has been a consistent differentiator as multi-chain DeFi activity has grown through 2025 and 2026.
Also Read: Coinbase Opens $100K USDC Loans Against Solana Token Holdings
Background
Injective launched its mainnet in late 2021 and spent much of 2022 and 2023 building out its developer ecosystem.
The token reached an all-time high near $53 in early 2024 before pulling back significantly through the remainder of that year. In 2025, INJ traded in a compressed range between $7 and $20 for much of the year. The asset then declined further into 2026 alongside broader altcoin pressure. At $5.40, INJ remains well below its 2024 peak but has now posted two strong trending appearances on CoinGecko within the past five hours.
Also Read: Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena
What Is Driving the Move
No single catalyst announcement is available to explain the 16% move. The volume pattern, at $453M against a $541M market cap, points to active speculative trading rather than organic protocol usage growth.
INJ's appearance on the CoinGecko trending list amplifies visibility. Trending placement creates a feedback loop where new traders discover the token through the trending page and add to volume. This dynamic is common in lower-liquidity altcoins during active market sessions.
Also Read: Is Dogecoin's 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover?
Where INJ Stands in the DeFi Layer-1 Field
Injective competes in a crowded Layer-1 DeFi segment. Chains like Hyperliquid (HYPE), which carries a $671M market cap and focuses on perpetual trading, occupy adjacent territory. INJ's broader DeFi application scope, covering spot trading, lending, and prediction markets, positions it differently from pure-play perpetuals chains.
At $541M, Injective's market cap sits below several peer protocols but above the long tail of smaller DeFi-native chains.
Read Next: Superform Rallies Nearly 100% With Yield Protocol Back On Traders' Radar
Ripple’s Schwartz Says Bitcoin’s Mining Model Is The Flaw XRP AvoidedDavid Schwartz says proof of work pays operators to act against the very users funding the network, calling the design crypto's deepest flaw. Schwartz Targets Block Rewards Ripple's chief technology officer emeritus on Tuesday urged the crypto industry to revisit a six-year-old Stanford lecture, BeInCrypto reported. He argues block production rewards weaken networks like Bitcoin (BTC) rather than secure them. Schwartz posted the recording on X on May 12, 2026. He called it the one video he wished every crypto participant would watch. The talk lays out why he designed the XRP (XRP) Ledger without block rewards in 2012, betting on participants who already benefit from reliable consensus rather than on operators paid to validate. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Mining Incentives and Validator Conflicts In the lecture, Schwartz says proof of work mining forces honest participants to spend more than attackers are willing to pay. He labels it possibly the worst imaginable security model. Competitive mining, he argued, pushes operators to cut costs and squeeze every available revenue stream. He pointed to Ethereum (ETH) validators who game decentralized finance protocols by reordering transactions for profit before sealing blocks. "You have to be evil or you lose," Schwartz said. That dynamic leaves the people who actually use the network paying for security through fees while operators extract additional value during block production. Bitcoin miners and Ethereum stakers both fit the pattern, he contends, since the protocol pays them rather than aligning them with users. XRP Ledger Design and Schwartz Context Validators on the network only choose between equally valid ways to order transactions, leaving nothing material to extract and no financial incentive to attack the system. Schwartz summed up the thesis as "the best incentive is no incentive." He claims the result is lower fees, faster confirmations, and resistance to the value extraction that has hit Ethereum's decentralized exchanges. XRP traded near $1.42 on Wednesday while Bitcoin held around $79,116. Schwartz has dominated XRP headlines this month. On May 5, he disclosed selling 26 million XRP for Bitcoin years ago, saying the move helped him "sleep better at night." Days later, Ripple CEO Brad Garlinghouse told Consensus 2026 attendees he had "never been an XRP maxi," remarks that rattled long-term holders already bracing through months of price lows. Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap

Ripple’s Schwartz Says Bitcoin’s Mining Model Is The Flaw XRP Avoided

David Schwartz says proof of work pays operators to act against the very users funding the network, calling the design crypto's deepest flaw.
Schwartz Targets Block Rewards
Ripple's chief technology officer emeritus on Tuesday urged the crypto industry to revisit a six-year-old Stanford lecture, BeInCrypto reported. He argues block production rewards weaken networks like Bitcoin (BTC) rather than secure them.
Schwartz posted the recording on X on May 12, 2026.
He called it the one video he wished every crypto participant would watch. The talk lays out why he designed the XRP (XRP) Ledger without block rewards in 2012, betting on participants who already benefit from reliable consensus rather than on operators paid to validate.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Mining Incentives and Validator Conflicts
In the lecture, Schwartz says proof of work mining forces honest participants to spend more than attackers are willing to pay. He labels it possibly the worst imaginable security model. Competitive mining, he argued, pushes operators to cut costs and squeeze every available revenue stream.
He pointed to Ethereum (ETH) validators who game decentralized finance protocols by reordering transactions for profit before sealing blocks.
"You have to be evil or you lose," Schwartz said.
That dynamic leaves the people who actually use the network paying for security through fees while operators extract additional value during block production. Bitcoin miners and Ethereum stakers both fit the pattern, he contends, since the protocol pays them rather than aligning them with users.
XRP Ledger Design and Schwartz Context
Validators on the network only choose between equally valid ways to order transactions, leaving nothing material to extract and no financial incentive to attack the system. Schwartz summed up the thesis as "the best incentive is no incentive." He claims the result is lower fees, faster confirmations, and resistance to the value extraction that has hit Ethereum's decentralized exchanges.
XRP traded near $1.42 on Wednesday while Bitcoin held around $79,116.
Schwartz has dominated XRP headlines this month. On May 5, he disclosed selling 26 million XRP for Bitcoin years ago, saying the move helped him "sleep better at night." Days later, Ripple CEO Brad Garlinghouse told Consensus 2026 attendees he had "never been an XRP maxi," remarks that rattled long-term holders already bracing through months of price lows.
Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
Coinbase Opens $100K USDC Loans Against Solana Token HoldingsCoinbase has added Solana (SOL) as collateral on its crypto-backed lending product, letting eligible U.S. users borrow up to $100,000 in USDC (USDC) without selling their tokens. SOL Joins Bitcoin And Ether Collateral List The exchange confirmed the addition on May 12, according to a post shared on X. The product runs through Morpho, a decentralized lending protocol on Coinbase's Layer-2 network Base. SOL holders can draw stablecoin liquidity while keeping full exposure to the underlying token, with no fixed repayment schedule attached. The maximum loan-to-value ratio sits at 70%, meaning a holder with $10,000 in SOL can pull up to $7,000 in USDC. If the LTV crosses the liquidation threshold, a 4.38% penalty applies and the position closes automatically. The service is open to U.S. customers outside New York, with Bitcoin (BTC) and Ether (ETH) already accepted on the same product, which has originated more than $2.3 billion in loans since the platform's launch earlier this year. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Ben Shen Signals Everything Exchange Push Ben Shen, Coinbase's head of financial services and loyalty, framed the launch as part of the firm's push to make the exchange a deeper venue for active SOL users. He tied the move to an "Everything Exchange" strategy, which seeks to extend token utility past simple spot trading. The product line forms part of a broader bet on on-chain rails through the Base network. With holders able to access cash against SOL on-chain, fewer tokens need to hit the open market during pullbacks, which can soften forced selling pressure. Bitcoin still dominates the collateral mix, though the SOL entry marks the first new Layer-1 added in months, with XRP (XRP) sitting behind BTC and ETH on the loan book at roughly $31.6 million. SOL Price And Recent ETF Flows SOL traded near $95 on May 13, holding a 13% weekly gain and a $55 billion market cap. The token remains roughly 68% below its January 2025 record near $295. Funding rates also flipped positive this week on derivatives markets, with long traders paying shorts. Spot Solana ETFs have logged a steady run of inflows since early May, with SoSoValue data showing $19.07 million on Tuesday and $26.57 million the prior day, marking seven straight sessions of positive flows. The recovery contrasts sharply with February, when SOL fell to roughly $77 amid a broader risk-off move, before spending most of March and April stuck between $82 and $92. Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap

Coinbase Opens $100K USDC Loans Against Solana Token Holdings

Coinbase has added Solana (SOL) as collateral on its crypto-backed lending product, letting eligible U.S. users borrow up to $100,000 in USDC (USDC) without selling their tokens.
SOL Joins Bitcoin And Ether Collateral List
The exchange confirmed the addition on May 12, according to a post shared on X. The product runs through Morpho, a decentralized lending protocol on Coinbase's Layer-2 network Base. SOL holders can draw stablecoin liquidity while keeping full exposure to the underlying token, with no fixed repayment schedule attached.
The maximum loan-to-value ratio sits at 70%, meaning a holder with $10,000 in SOL can pull up to $7,000 in USDC.
If the LTV crosses the liquidation threshold, a 4.38% penalty applies and the position closes automatically.
The service is open to U.S. customers outside New York, with Bitcoin (BTC) and Ether (ETH) already accepted on the same product, which has originated more than $2.3 billion in loans since the platform's launch earlier this year.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Ben Shen Signals Everything Exchange Push
Ben Shen, Coinbase's head of financial services and loyalty, framed the launch as part of the firm's push to make the exchange a deeper venue for active SOL users.
He tied the move to an "Everything Exchange" strategy, which seeks to extend token utility past simple spot trading.
The product line forms part of a broader bet on on-chain rails through the Base network.
With holders able to access cash against SOL on-chain, fewer tokens need to hit the open market during pullbacks, which can soften forced selling pressure.
Bitcoin still dominates the collateral mix, though the SOL entry marks the first new Layer-1 added in months, with XRP (XRP) sitting behind BTC and ETH on the loan book at roughly $31.6 million.
SOL Price And Recent ETF Flows
SOL traded near $95 on May 13, holding a 13% weekly gain and a $55 billion market cap. The token remains roughly 68% below its January 2025 record near $295. Funding rates also flipped positive this week on derivatives markets, with long traders paying shorts.
Spot Solana ETFs have logged a steady run of inflows since early May, with SoSoValue data showing $19.07 million on Tuesday and $26.57 million the prior day, marking seven straight sessions of positive flows. The recovery contrasts sharply with February, when SOL fell to roughly $77 amid a broader risk-off move, before spending most of March and April stuck between $82 and $92.
Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For EthenaJupiter, an onchain finance platform with more than $3 trillion in lifetime trading volume, has opened its lending product to outside curators, naming Bitwise Asset Management as the first institutional manager to run a market. Jupiter Lend USDe Market The new market on Jupiter Lend is dedicated to Ethena's USDe (usde) and sits isolated from the platform's existing liquidity layer. It runs on infrastructure from Fluid, the lending protocol behind Jupiter Lend. Jupiter announced the launch from Singapore on Wednesday. Bitwise will handle curation duties, which include setting risk parameters and overseeing collateral rules for institutional capital flowing into the market. Company executives framed the launch as the first time a traditional asset manager has curated a market on Jupiter Lend. The structure assigns each participant a distinct role, with Jupiter providing the venue, Bitwise managing risk, Ethena supplying the asset, and Fluid running the technical layer. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Bitwise DeFi Outlook Jonathan Man, head of DeFi strategies at Bitwise, said the firm sees Jupiter and Fluid's design as suitable for institutional money. "Their design offers deep liquidity and thoughtful risk-mitigating features, making it a compelling foundation for an isolated USDe market on Solana (sol)," he said. Kash Dhanda, chief operating officer at Jupiter, said the partnership is meant to push onchain lending past its current niche. Ethena founder Guy Young described USDe as a savings product built for scale, while Fluid co-founder Samyak Jain said the protocol offers risk tools unavailable elsewhere. DeFi has been steadily drawing more institutional attention this year. Total value locked across DeFi protocols has climbed from $46 billion in January 2023 to roughly $156 billion as of early May, according to data from The Block cited by Bitwise. Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap

Jupiter Lend Taps Bitwise To Run $3 Trillion Platform's First Institutional Market For Ethena

Jupiter, an onchain finance platform with more than $3 trillion in lifetime trading volume, has opened its lending product to outside curators, naming Bitwise Asset Management as the first institutional manager to run a market.
Jupiter Lend USDe Market
The new market on Jupiter Lend is dedicated to Ethena's USDe (usde) and sits isolated from the platform's existing liquidity layer. It runs on infrastructure from Fluid, the lending protocol behind Jupiter Lend.
Jupiter announced the launch from Singapore on Wednesday.
Bitwise will handle curation duties, which include setting risk parameters and overseeing collateral rules for institutional capital flowing into the market.
Company executives framed the launch as the first time a traditional asset manager has curated a market on Jupiter Lend. The structure assigns each participant a distinct role, with Jupiter providing the venue, Bitwise managing risk, Ethena supplying the asset, and Fluid running the technical layer.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Bitwise DeFi Outlook
Jonathan Man, head of DeFi strategies at Bitwise, said the firm sees Jupiter and Fluid's design as suitable for institutional money.
"Their design offers deep liquidity and thoughtful risk-mitigating features, making it a compelling foundation for an isolated USDe market on Solana (sol)," he said.
Kash Dhanda, chief operating officer at Jupiter, said the partnership is meant to push onchain lending past its current niche. Ethena founder Guy Young described USDe as a savings product built for scale, while Fluid co-founder Samyak Jain said the protocol offers risk tools unavailable elsewhere.
DeFi has been steadily drawing more institutional attention this year. Total value locked across DeFi protocols has climbed from $46 billion in January 2023 to roughly $156 billion as of early May, according to data from The Block cited by Bitwise.
Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
Is Dogecoin’s 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover?Bitcoin (BTC) traded at $80,685 on May 13, 2026, with a 24-hour gain of 0.49% and $40.4 billion in daily trading volume. Dogecoin (DOGE) moved alongside, posting a 4.3% gain to reach $0.1141 with $1.43 billion in daily volume. Both tokens appeared in CoinGecko's trending list this hour. Bitcoin's Market Position Bitcoin's market cap sits at approximately $1.624 trillion. Daily volume of $40.4 billion represents roughly 2.5% of total market cap, a healthy turnover rate for an asset of this size. The 0.49% daily move is modest. Bitcoin has shown measured price behavior in recent sessions. Volatility has compressed compared to the sharper swings seen in late 2024 and early 2025. BTC's appearance in CoinGecko trending alongside multiple smaller tokens reflects broad-based interest across the market. When Bitcoin trends on CoinGecko while also showing subdued price movement, it typically reflects search-driven interest rather than a specific catalytic event. No breaking announcement was identified in this scan to explain elevated search or social interest. Also Read: Rare Bitcoin Signal That Preceded 90% Rally In 2023 Just Returned Dogecoin's 4.3% Gain DOGE's 4.3% daily gain is the more notable move of the two. The token reached $0.1141. Daily volume of $1.43 billion against a $17.6 billion market cap represents an 8.1% turnover ratio. That is elevated relative to DOGE's typical daily volume patterns. Dogecoin's price behavior often loosely tracks Bitcoin but with higher beta. When BTC posts a modest gain, DOGE frequently amplifies the move. That pattern held in this 24-hour window. Meme coin sentiment has shown some improvement in May 2026. Pudgy Penguins (PENGU) appeared in CoinGecko trending earlier this week, and several other community tokens have posted positive 24-hour figures. DOGE benefits from this broader shift in retail appetite toward speculative assets. Also Read: Bitcoin Is Quiet At $81,100, But Traders Are Not Background Bitcoin crossed $80,000 for the first time in late 2024, driven by institutional inflows following the launch of US spot Bitcoin ETFs earlier that year. The asset has traded in a wide range between $65,000 and $109,000 since those highs, with the $80,000 level now acting as a structural reference point. Dogecoin was created in December 2013 by software engineers Billy Markus and Jackson Palmer as a lighthearted fork of Litecoin (LTC). It became the world's largest meme coin by market cap during the 2021 bull cycle. DOGE briefly reached $0.73 in May 2021 before retracing. The token has maintained a top-15 market cap position through multiple cycles, sustained by a large retail community and recurring mentions from public figures. In early 2025, DOGE showed sensitivity to macroeconomic data and risk-off trading sessions. Periods of Bitcoin stability historically support DOGE price recovery, as traders rotate from defensive positions back into higher-beta assets. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In What the Combination Suggests Seeing Bitcoin and Dogecoin trend simultaneously on CoinGecko is not unusual in periods of rising retail interest. The pattern often appears when broader market sentiment turns positive without a single dominant narrative. Bitcoin's stability near $81,000 removes a key downside fear for retail participants. When BTC holds a round-number level without sharp retracements, smaller tokens tend to see increased speculative activity. DOGE is a reliable beneficiary of that dynamic. Neither asset showed a breakout move in this window. Bitcoin's 0.49% gain is well within noise. DOGE's 4.3% is notable but not extreme by its historical standards. The more significant data point may be sustained volume. At $1.43 billion in daily DOGE volume, participation remains meaningfully above the $800 million to $1 billion range that characterized quieter periods in early 2026. Read Next: Citrini Research Says Wall Street Missed The Next AI Trade And It Isn't Nvidia

Is Dogecoin’s 4.3% Move A Meme Coin Signal Or Just Bitcoin Spillover?

Bitcoin (BTC) traded at $80,685 on May 13, 2026, with a 24-hour gain of 0.49% and $40.4 billion in daily trading volume. Dogecoin (DOGE) moved alongside, posting a 4.3% gain to reach $0.1141 with $1.43 billion in daily volume.
Both tokens appeared in CoinGecko's trending list this hour.
Bitcoin's Market Position
Bitcoin's market cap sits at approximately $1.624 trillion. Daily volume of $40.4 billion represents roughly 2.5% of total market cap, a healthy turnover rate for an asset of this size.
The 0.49% daily move is modest. Bitcoin has shown measured price behavior in recent sessions.
Volatility has compressed compared to the sharper swings seen in late 2024 and early 2025.
BTC's appearance in CoinGecko trending alongside multiple smaller tokens reflects broad-based interest across the market.
When Bitcoin trends on CoinGecko while also showing subdued price movement, it typically reflects search-driven interest rather than a specific catalytic event. No breaking announcement was identified in this scan to explain elevated search or social interest.
Also Read: Rare Bitcoin Signal That Preceded 90% Rally In 2023 Just Returned
Dogecoin's 4.3% Gain
DOGE's 4.3% daily gain is the more notable move of the two. The token reached $0.1141. Daily volume of $1.43 billion against a $17.6 billion market cap represents an 8.1% turnover ratio. That is elevated relative to DOGE's typical daily volume patterns.
Dogecoin's price behavior often loosely tracks Bitcoin but with higher beta. When BTC posts a modest gain, DOGE frequently amplifies the move. That pattern held in this 24-hour window.
Meme coin sentiment has shown some improvement in May 2026.
Pudgy Penguins (PENGU) appeared in CoinGecko trending earlier this week, and several other community tokens have posted positive 24-hour figures. DOGE benefits from this broader shift in retail appetite toward speculative assets.
Also Read: Bitcoin Is Quiet At $81,100, But Traders Are Not
Background
Bitcoin crossed $80,000 for the first time in late 2024, driven by institutional inflows following the launch of US spot Bitcoin ETFs earlier that year. The asset has traded in a wide range between $65,000 and $109,000 since those highs, with the $80,000 level now acting as a structural reference point.
Dogecoin was created in December 2013 by software engineers Billy Markus and Jackson Palmer as a lighthearted fork of Litecoin (LTC).
It became the world's largest meme coin by market cap during the 2021 bull cycle. DOGE briefly reached $0.73 in May 2021 before retracing. The token has maintained a top-15 market cap position through multiple cycles, sustained by a large retail community and recurring mentions from public figures.
In early 2025, DOGE showed sensitivity to macroeconomic data and risk-off trading sessions. Periods of Bitcoin stability historically support DOGE price recovery, as traders rotate from defensive positions back into higher-beta assets.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
What the Combination Suggests
Seeing Bitcoin and Dogecoin trend simultaneously on CoinGecko is not unusual in periods of rising retail interest. The pattern often appears when broader market sentiment turns positive without a single dominant narrative.
Bitcoin's stability near $81,000 removes a key downside fear for retail participants.
When BTC holds a round-number level without sharp retracements, smaller tokens tend to see increased speculative activity. DOGE is a reliable beneficiary of that dynamic.
Neither asset showed a breakout move in this window. Bitcoin's 0.49% gain is well within noise. DOGE's 4.3% is notable but not extreme by its historical standards. The more significant data point may be sustained volume. At $1.43 billion in daily DOGE volume, participation remains meaningfully above the $800 million to $1 billion range that characterized quieter periods in early 2026.
Read Next: Citrini Research Says Wall Street Missed The Next AI Trade And It Isn't Nvidia
Superform Rallies Nearly 100% With Yield Protocol Back On Traders’ RadarSuperform (UP) has nearly doubled in price over the past 24 hours, reaching $0.2448 and pushing its market cap to approximately $46.7 million. The token appeared in CoinGecko's trending list on May 13, 2026, sitting at rank 531 by market capitalization. What Superform Does Superform is a cross-chain yield aggregator built on Ethereum (ETH). It lets users deposit assets across multiple DeFi protocols from a single interface. Rather than manually bridging funds and interacting with individual lending markets, users route capital through Superform's router contracts. The protocol pulls yield data from connected vaults and routes deposits to the best available option. The project operates across several EVM-compatible chains. Its UP token is used for governance and protocol incentives. The token's market rank of 531 places it in the mid-tier of the broader token landscape by capitalization. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Why the Price Moved No official announcement from the Superform team was linked to today's move in available signals. The CoinGecko data shows a 99.5 percent price increase in USD terms over 24 hours, with $18.3 million in trading volume recorded in that period. Volume-to-market-cap ratio came in above 39 percent, indicating elevated speculative activity relative to the token's size. Moves of this scale on low-to-mid cap tokens frequently follow listing events, liquidity additions, or social media amplification. None of those triggers were confirmed by primary sources at the time of writing. The price action alone is what placed UP in CoinGecko's trending feed. Tokens in the $40-100 million market cap range often experience outsized percentage moves when fresh liquidity enters. The relatively thin order books at this capitalization level allow smaller buy volumes to shift price significantly. Also Read: Rare Bitcoin Signal That Preceded 90% Rally In 2023 Just Returned Background Superform launched its mainnet product in late 2023, originally on Ethereum. The protocol received early backing from venture investors and positioned itself against other yield aggregators like Yearn Finance and Beefy Finance. Over 2024 and into 2025, the team expanded chain support to include Arbitrum (ARB) and Optimism (OP), broadening its addressable liquidity base. The UP token was introduced as part of the protocol's governance expansion. It was designed to give holders a vote on vault whitelisting and fee parameters. Like many mid-cap governance tokens, UP saw subdued trading volume through most of early 2026 before today's spike. Yield aggregators as a category have experienced renewed interest in 2026. As broader DeFi total value locked recovered across major chains, protocols that abstract multi-chain complexity have attracted fresh capital. Superform's positioning in that segment likely contributed to speculative interest in its token. Also Read: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap What to Watch The key question for UP is whether today's volume sustains. At $18.3 million in 24-hour volume against a $46.7 million market cap, the token is trading at an unusually high turnover ratio. If buyers do not continue accumulating, price reversions in this range can be sharp. Superform has not published a roadmap update or partnership announcement visible in public channels as of this report. Traders monitoring UP should watch for any protocol-level announcement that could anchor the price gain. Without a fundamental catalyst, tokens at this capitalization level often retrace a large share of momentum-driven gains within 48-72 hours. Read Next: Grayscale Reworks HYPE ETF Filing To Add Staking Option

Superform Rallies Nearly 100% With Yield Protocol Back On Traders’ Radar

Superform (UP) has nearly doubled in price over the past 24 hours, reaching $0.2448 and pushing its market cap to approximately $46.7 million.
The token appeared in CoinGecko's trending list on May 13, 2026, sitting at rank 531 by market capitalization.
What Superform Does
Superform is a cross-chain yield aggregator built on Ethereum (ETH). It lets users deposit assets across multiple DeFi protocols from a single interface.
Rather than manually bridging funds and interacting with individual lending markets, users route capital through Superform's router contracts.
The protocol pulls yield data from connected vaults and routes deposits to the best available option.
The project operates across several EVM-compatible chains. Its UP token is used for governance and protocol incentives. The token's market rank of 531 places it in the mid-tier of the broader token landscape by capitalization.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Why the Price Moved
No official announcement from the Superform team was linked to today's move in available signals.
The CoinGecko data shows a 99.5 percent price increase in USD terms over 24 hours, with $18.3 million in trading volume recorded in that period. Volume-to-market-cap ratio came in above 39 percent, indicating elevated speculative activity relative to the token's size.
Moves of this scale on low-to-mid cap tokens frequently follow listing events, liquidity additions, or social media amplification. None of those triggers were confirmed by primary sources at the time of writing. The price action alone is what placed UP in CoinGecko's trending feed.
Tokens in the $40-100 million market cap range often experience outsized percentage moves when fresh liquidity enters. The relatively thin order books at this capitalization level allow smaller buy volumes to shift price significantly.
Also Read: Rare Bitcoin Signal That Preceded 90% Rally In 2023 Just Returned
Background
Superform launched its mainnet product in late 2023, originally on Ethereum. The protocol received early backing from venture investors and positioned itself against other yield aggregators like Yearn Finance and Beefy Finance.
Over 2024 and into 2025, the team expanded chain support to include Arbitrum (ARB) and Optimism (OP), broadening its addressable liquidity base.
The UP token was introduced as part of the protocol's governance expansion. It was designed to give holders a vote on vault whitelisting and fee parameters. Like many mid-cap governance tokens, UP saw subdued trading volume through most of early 2026 before today's spike.
Yield aggregators as a category have experienced renewed interest in 2026. As broader DeFi total value locked recovered across major chains, protocols that abstract multi-chain complexity have attracted fresh capital. Superform's positioning in that segment likely contributed to speculative interest in its token.
Also Read: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
What to Watch
The key question for UP is whether today's volume sustains. At $18.3 million in 24-hour volume against a $46.7 million market cap, the token is trading at an unusually high turnover ratio. If buyers do not continue accumulating, price reversions in this range can be sharp.
Superform has not published a roadmap update or partnership announcement visible in public channels as of this report. Traders monitoring UP should watch for any protocol-level announcement that could anchor the price gain. Without a fundamental catalyst, tokens at this capitalization level often retrace a large share of momentum-driven gains within 48-72 hours.
Read Next: Grayscale Reworks HYPE ETF Filing To Add Staking Option
Bitcoin Rally On Knife Edge As $82,500 Resistance Holds FirmBitcoin (BTC) is testing a resistance band near $82,500 that analysts say could decide whether the recent rally extends or unravels into a deeper pullback. Martinez Flags BTC Resistance Market watcher Ali Martinez argued in a recent analysis published by NewsBTC that the 200-day simple moving average near $82,500 stands as the critical barrier for the current move. He pointed to three straight sessions of failed attempts to reclaim that level. A clean break above the band could open a path toward $94,000, Martinez said. A rejection would likely send price back to the 50-day SMA around $75,000. Miner behavior has also shifted, with the group trimming more than 3,400 BTC accumulated from the $72,000 range over the past month, a flow that adds fresh supply above the market. Retail and futures traders, by contrast, are leaning long. Martinez said the Estimated Leverage Ratio sits at a yearly high, with liquidation walls clustered at $75,000, $73,000, and $70,000. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Rekt Capital Warns On Bear Trend Analyst Rekt Capital offered a wider read in a Tuesday video. He suggested Bitcoin may fail at the same band and drift to fresh lows over the coming months. He pointed to BTC's breakdown from a macro triangle base near $82,500, which has pushed price into a retest of the 50-month exponential moving average. In past cycles, that retest has produced a brief bounce before price loses the level and rolls into the bear market bottom. Rekt Capital said the current rebound has already played out, and his read is that follow-through will likely be capped. The 50-month EMA roughly aligns with the 2021 all-time high, a zone that flipped to support during the early 2024 rally and helped fuel the run to the cycle peak above $126,000 in October 2025. BTC Price Context Bitcoin briefly crossed $80,000 on May 9 and has spent the week capped below $82,000, according to CoinDesk and Blockchain Reporter data. April CPI printed at 3.8% year over year, pushing rate cut expectations into 2027 and adding a macro layer to the technical ceiling. Spot ETF flows have helped cushion price, with BlackRock's IBIT booking $269 million in a single recent session, while Strategy has continued buying as well, holding 818,334 BTC at an average cost near $75,537. BTC sits roughly 35% below its October 2025 peak. Whether $82,500 holds or breaks now stands as the cleanest near-term tell on which side wins. Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap

Bitcoin Rally On Knife Edge As $82,500 Resistance Holds Firm

Bitcoin (BTC) is testing a resistance band near $82,500 that analysts say could decide whether the recent rally extends or unravels into a deeper pullback.
Martinez Flags BTC Resistance
Market watcher Ali Martinez argued in a recent analysis published by NewsBTC that the 200-day simple moving average near $82,500 stands as the critical barrier for the current move. He pointed to three straight sessions of failed attempts to reclaim that level.
A clean break above the band could open a path toward $94,000, Martinez said. A rejection would likely send price back to the 50-day SMA around $75,000.
Miner behavior has also shifted, with the group trimming more than 3,400 BTC accumulated from the $72,000 range over the past month, a flow that adds fresh supply above the market.
Retail and futures traders, by contrast, are leaning long. Martinez said the Estimated Leverage Ratio sits at a yearly high, with liquidation walls clustered at $75,000, $73,000, and $70,000.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Rekt Capital Warns On Bear Trend
Analyst Rekt Capital offered a wider read in a Tuesday video. He suggested Bitcoin may fail at the same band and drift to fresh lows over the coming months.
He pointed to BTC's breakdown from a macro triangle base near $82,500, which has pushed price into a retest of the 50-month exponential moving average.
In past cycles, that retest has produced a brief bounce before price loses the level and rolls into the bear market bottom. Rekt Capital said the current rebound has already played out, and his read is that follow-through will likely be capped.
The 50-month EMA roughly aligns with the 2021 all-time high, a zone that flipped to support during the early 2024 rally and helped fuel the run to the cycle peak above $126,000 in October 2025.
BTC Price Context
Bitcoin briefly crossed $80,000 on May 9 and has spent the week capped below $82,000, according to CoinDesk and Blockchain Reporter data. April CPI printed at 3.8% year over year, pushing rate cut expectations into 2027 and adding a macro layer to the technical ceiling.
Spot ETF flows have helped cushion price, with BlackRock's IBIT booking $269 million in a single recent session, while Strategy has continued buying as well, holding 818,334 BTC at an average cost near $75,537.
BTC sits roughly 35% below its October 2025 peak. Whether $82,500 holds or breaks now stands as the cleanest near-term tell on which side wins.
Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
AI Tools Now Help Half Of Retail Investors, Bitget User Report FindsRetail traders are pushing beyond crypto, with Bitget's 2026 user survey showing 52% now hold equities and 51% lean on AI tools for investment decisions. Bitget Survey Findings Bitget, which markets itself as a Universal Exchange, published its User Asset Allocation Report 2026 on Wednesday. The report draws on platform trading data and responses from more than 6,000 users worldwide. Bitcoin (BTC) and other tokens still anchor activity, with 86% of respondents holding crypto. Crypto accounted for almost all trading volume in early January before settling into a 60% to 80% range by March as users branched out. Gold and other traditional assets climbed from near zero to between 20% and 40% of activity over the quarter, the largest jump Bitget has recorded for non-crypto products. Equities sit alongside crypto in 52% of portfolios, while 35% of users hold precious metals. Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In Macro Trading Shift Gracy Chen, Bitget's chief executive, said retail behavior is shifting toward macro signals rather than single-asset bets. "Users are moving capital across asset classes based on liquidity, volatility, and market access, and they increasingly expect one platform to support that efficiently," she said. Regional patterns diverge. In East Asia, 60% of users cited avoiding currency conversion as a reason to settle in USDT, while 78% of Latin American respondents pointed to inflation hedging. Southeast Asian traders, by contrast, ranked leverage access highest at 46%. High-net-worth users averaged 13% returns in 2025, and 74% said they plan to broaden exposure across crypto, equities, and commodities this year. Bitget has rolled out AI products including GetAgent, GetClaw, and Agent Hub, pitching them as tools to parse earnings, commodity moves, and on-chain data. Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap

AI Tools Now Help Half Of Retail Investors, Bitget User Report Finds

Retail traders are pushing beyond crypto, with Bitget's 2026 user survey showing 52% now hold equities and 51% lean on AI tools for investment decisions.
Bitget Survey Findings
Bitget, which markets itself as a Universal Exchange, published its User Asset Allocation Report 2026 on Wednesday. The report draws on platform trading data and responses from more than 6,000 users worldwide.
Bitcoin (BTC) and other tokens still anchor activity, with 86% of respondents holding crypto.
Crypto accounted for almost all trading volume in early January before settling into a 60% to 80% range by March as users branched out.
Gold and other traditional assets climbed from near zero to between 20% and 40% of activity over the quarter, the largest jump Bitget has recorded for non-crypto products. Equities sit alongside crypto in 52% of portfolios, while 35% of users hold precious metals.
Also Read: Binance CMO Rachel Conlan To Exit Jun. 15 After 3 Years, Trust Wallet's Eowyn Chen Steps In
Macro Trading Shift
Gracy Chen, Bitget's chief executive, said retail behavior is shifting toward macro signals rather than single-asset bets. "Users are moving capital across asset classes based on liquidity, volatility, and market access, and they increasingly expect one platform to support that efficiently," she said.
Regional patterns diverge. In East Asia, 60% of users cited avoiding currency conversion as a reason to settle in USDT, while 78% of Latin American respondents pointed to inflation hedging.
Southeast Asian traders, by contrast, ranked leverage access highest at 46%.
High-net-worth users averaged 13% returns in 2025, and 74% said they plan to broaden exposure across crypto, equities, and commodities this year. Bitget has rolled out AI products including GetAgent, GetClaw, and Agent Hub, pitching them as tools to parse earnings, commodity moves, and on-chain data.
Read Next: SAGA Jumps 76% As Trading Volume Towers 21x Above Market Cap
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