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The crypto market moved lower on Thursday as hotter-than-expected U.S. inflation data, heavy Bitcoin ETF outflows, and rising macroeconomic uncertainty pressured investor sentiment. Summary The crypto

The crypto market moved lower on Thursday as hotter-than-expected U.S. inflation data, heavy Bitcoin ETF outflows, and rising macroeconomic uncertainty pressured investor sentiment. Summary The crypto market fell 1.6% as hotter-than-expected
U.S. inflation data fueled fears of prolonged high interest rates. Bitcoin dropped below the key $80,000 level while Ethereum, Solana, XRP, and other major altcoins posted losses between 2% and 6%. Spot Bitcoin ETFs recorded roughly $635 million in net outflows as rising oil prices and geopolitical uncertainty further pressured risk sentiment.
The total crypto market capitalization dropped roughly 1.6% over the past 24 hours to around $2.58 trillion. Bitcoin (BTC) fell below the key $80,000 psychological level, sliding from this week's high near $82,300 to an intraday low around $79,600 before recovering slightly near $79,800 at press time. Ethereum (ETH) declined nearly 2% toward the $2,260 region, while major altcoins, including Solana (SOL), XRP (XRP), BNB (BNB), Toncoin (TON), and Hyperliquid (HYPE), posted losses ranging between 2% and 6%. Per CoinGlass data, more than $410 million worth of crypto positions were liquidated over the past 24 hours, with long liquidations accounting for the majority of the wipeout. The latest selloff accelerated after the U.S. Producer Price Index surged 6% year-over-year, significantly above market expectations. You might also like:
Crypto industry watches closely as Trump weighs 250 pardons The stronger inflation reading reinforced fears that the Federal Reserve could keep interest rates elevated for longer, reducing expectations for near-term rate cuts and triggering a broader risk-off move across speculative assets. Higher interest rates tend to reduce liquidity in financial markets and increase the attractiveness of safer fixed-income yields relative to volatile assets like cryptocurrencies. Bitcoin's drop below the key $80,000 support level further weakened sentiment and triggered addit

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The crypto market moved lower on Thursday as hotte

On May 15, Slow Fog's Yu Xian announced on social media that the high-risk iOS attack framework Dark Sword has been publicly leaked on platforms like GitHub and is being used for large-scale espionage

Slow Fog: DarkSword Attack Program Leaked, Old iOS Users' Cryptocurrency Wallets at Serious Risk

Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP P The CLARITY Act cleared the Senate Banking Committee on Thursday in a 15-9 vote, marking the most important step ye

Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP P
The CLARITY Act cleared the Senate Banking Committee on Thursday in a 15-9 vote, marking the most important step yet for the most important crypto regulation bill in US history. Markets responded immediately. Bitcoin climbed to $81,449, Ethereum rose to $2,288, and $XRP surged 4.51% to $1.49, leading major altcoins higher on the news.
Crypto analyst Mic

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Analyst Reveals What CLARITY Act Passing Today Mea

MEGA: Real-Time Execution Layer for Ethereum

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenApplied Materials posted record fiscal second-quarter revenue on Thursday a

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and advanced semiconductor production.The semiconductor equipment giant expects current-quarter revenue of approximately $8.95 billion, with a margin of plus or minus $500 million. The outlook surpassed Wall Street expectations of $8.09 billion, highlighting continued momentum in the AI-driven chip market. Following the announcement, Applied Materials shares climbed 4.5% in after-hours trading.The company reported quarterly revenue of $7.91 billion, marking an 11% increase compared to the same period last year and exceeding analysts’ consensus estimate of $7.68 billion. Adjusted earnings also beat expectations, with Applied Materials posting profit of $2.86 per share versus projections of $2.68 per share.Demand for AI chips continues to strengthen the semiconductor equipment industry as chipmakers expand production capacity for advanced processors used in data centers and AI applications. Manufacturing these next-generation chips requires more sophisticated fabrication technologies, additional silicon wafers, and advanced packaging solutions, all areas where Applied Materials holds a strong market position.Industry analysts had already anticipated solid results driven by increasing DRAM memory demand and ongoing investments in AI computing infrastructure. The company’s leadership in leading-edge logic chips, DRAM manufacturing, and semiconductor packaging has positioned it to benefit from long-term growth trends in the AI sector.Gary Dickerson, President and CEO of Applied Materials, said the company delivered record quarterly performance and now expects its semiconductor equipment business to grow more than 30% in calenda

Applied Materials posted record fiscal second-quar

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem Token Kazakhstan gives crypto payments a cautious green lightKazakhstan claims i


Kazakhstan gives crypto payments a cautious green lightKazakhstan claims it has finalized the legalization of crypto transactions in its economy with an updated legislation that entered into force earlier this month.

While cryptocurrency payments are now supposedly legal, too, it has become clear that the fiat tenge remains the only legal tender in direct purchases.

Kazakhstan adopts rules for crypto circulation
Cryptocurrency has been formally recognized in Kazakhstan since the enforcement of the law “On Digital Assets” in 2023. But legal options to transact with it were quite limited.

One could easily buy digital cash or acquire it through mining, but there was almost nowhere to spend it or convert it domestically without breaking the law.

Before the latest push to resolve the issue, Bitcoin had already ceased to be something exotic, as noted by the 24.kz news channel on Wednesday, and many Kazakhstanis were already invested in crypto.

Kazakhstan gives crypto payments a cautious green

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenU.S. Secretary of State Marco Rubio said the United States is seeking China

U.S. Secretary of State Marco Rubio said the United States is seeking China’s support in persuading Iran to step back from its growing activities in the Gulf region. Speaking during an interview aired Wednesday on Fox News with host Sean Hannity, Rubio emphasized the importance of Beijing playing a more active diplomatic role amid rising tensions in the Middle East.Rubio stated that Washington hopes China will use its influence over Tehran to encourage restraint and reduce the risk of further instability in the Gulf. The comments come as concerns continue to grow over Iran’s regional actions and their potential impact on global security, international trade routes, and energy markets.The Gulf region remains strategically important due to its role in global oil shipments and international commerce. Any escalation involving Iran could disrupt energy supplies and increase geopolitical tensions worldwide. The United States has repeatedly called on allies and global powers to work together to prevent conflict and maintain stability in the region.China maintains close economic ties with Iran and is considered one of Tehran’s key international partners. Because of this relationship, U.S. officials believe Beijing could help influence Iran’s decisions through diplomatic engagement. Rubio suggested that China has a responsibility to contribute to peace efforts and help avoid further escalation.During the Fox News interview, Rubio also reiterated the Biden administration’s focus on strengthening international cooperation to address security challenges in the Middle East. Analysts say growing U.S.-China involvement in regional diplomacy highlights the increasing global importance of Gulf security issues.The remarks underscore Washington’s ongoing efforts to prevent tensions with Iran from intensifying while encouraging major world powers, including

U.S. Secretary of State Marco Rubio said the Unite

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem Token 21Shares Launches TKNS, an Actively Managed Crypto ETF 21Shares has launch

21Shares Launches TKNS, an Actively Managed Crypto ETF

21Shares has launched TKNS, its first actively managed crypto ETF designed to give U.S. investors dynamic exposure to digital assets. The product marks a shift from the single-asset, passively tracked crypto ETFs that have dominated the U.S. market since spot Bitcoin funds began trading in early 2024.

21Shares Launches TKNS, an Actively Managed Crypto

• USD/JPY strengthened  Friday as greenback  firmed as mounting inflationary pressures from higher energy prices fuelled bets of a Federal Reserve rate hike this year.• Data on Thursday showed U.S. re

FxWirePro: USD/JPY gains upside momentum as bulls take charge - EconoTimes

CHIP: Yield-Bearing Synthetic Stablecoin

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenAptos says it is the first L1 to support AI‑assisted formal verification fo

Aptos says it is the first L1 to support AI‑assisted formal verification for dynamically scheduled Move contracts, pitching Move Prover as an “oracle” between markets and machine agents. Summary Aptos says it is the first Layer‑1 blockchain to support formal verification for dynamically scheduled smart contracts, using AI‑generated specifications and its Move Prover tool. The team frames Move Prover as an on‑chain “oracle” that mathematically proves contract behavior, positioning it as a trust layer between markets and machine‑driven trading systems. The upgrade lands as Aptos steps up a broader $50 million push into AI‑driven markets and on‑chain finance infrastructure. Aptos has declared that its network is now “the first L1 to support dynamically scheduled formal verification,” arguing that its Move smart contract stack can be mathematically proven to behave as designed even when contracts use higher‑order functions and dynamic dispatch. In a post on X, Aptos Labs said that “AI writes the specifications, mathematics proves their correctness, and the Move Prover serves as the oracle — this is the trust layer between the market and the machine,” outlining a workflow in which large language models generate formal specs that are then fed into the Move Prover for automated verification. You might also like: Grove launches $1 billion liquidity network for tokenized Treasury funds Aptos leans on Move Prover to court AI‑driven markets Expanding on the X announcement, the Aptos team emphasized that “Move is the only smart contract language with native formal verification built in, with extended support for dynamic dispatch now enabled,” a reference to recent work bringing first‑class functions and dynamic dispatch into the Move toolchain while keeping them inside the prover’s threat model. According to Aptos’ Move Prover documentation, the ver

Aptos says it is the first L1 to support AI‑assist

A U.S. delegation led by CIA Director John Ratcliffe held high-level talks with Cuban officials in Havana on Thursday, signaling a possible shift in U.S.-Cuba relations under President Donald Trump. T

CIA Director John Ratcliffe Meets Cuban Officials in Havana Amid Renewed U.S.-Cuba Talks - EconoTime

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