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GameStop Stock Drops as Michael Burry Dumps Stake on eBay Bid
- Michael Burry sold his entire GameStop stake after the company's eBay bid.
- GME closed Monday at $23.84, a 10.14% drop, with more losses in after-hours.
- The exit marks Burry's first divestment since he launched his Substack newsletter.
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Ethplorer’s Aleksandr Vat Says Ethereum’s Altseason Already Happened
- Ethereum rich lists based only on ETH holdings miss most of the ecosystem’s capital, as 66% of top-holder value now sits in tokens and stablecoins.
- Ethplorer’s Aggregated Ethereum Rich List suggests market power has moved toward smart contracts, exchanges, bridges, and liquidity hubs.
- The Printing-Press Index helps analysts assess how much of a project’s value depends on its own token, exposing hidden balance-sheet risk.
XRP Calm Before the Storm? Bollinger Squeeze Signals Big Move
- XRP is stuck near $1.40, but the quiet period likely will not last. Bollinger Bands on the daily and weekly charts are extremely tight, which usually means volatility is building before a larger move.
- Traders should watch two key levels: $1.45 and $1.35. A clean move above $1.45 could open the way toward $1.70. A drop below $1.35 would weaken the setup.
- Whales are calm for now, so the next move likely needs a catalyst. Large XRP transactions and exchange inflows are low, meaning big holders are not aggressively selling or buying.
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3 Altcoins to Watch as SKYAI Surges 300% in the First Week of May
- SKYAI rallied 263% in seven days, leading altcoin gains in early May.
- Dash broke a six-month descending trendline as bulls eye $55 resistance.
- ONDO broke out from a three-month accumulation zone toward $0.36 resistance.
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Top Platforms for Stablecoin Settlement in 2026
An in-depth comparison of the best stablecoin settlement solutions in 2026, including SCRYPT, Fireblocks, Circle, Ripple, and Coinbase.
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Western Union’s USDPT Hands Crypto a 500,000-Location Cash Network on Solana
- Western Union launches USDPT stablecoin on Solana with its 500,000-agent global network.
- Anchorage Digital Bank issues the dollar-backed token under federally regulated infrastructure.
- Pilot launches in Philippines and Bolivia, with consumer rollout planned for 2026.
Oil Tops $120 as Iran Strikes UAE Tanker and Hormuz Closes Again
- Brent crude approaches $120 a barrel after Iran allegedly struck a UAE oil tanker.
- ADNOC tanker Barakah hit by two drones near Fujairah, no injuries reported.
- Strait of Hormuz remains effectively closed as US prepares Project Freedom escorts.
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America’s Money Printing Could Start: How Will Markets React?
- Arthur Hayes says dollar liquidity may be turning positive as the eSLR rule gives major US banks more room to expand balance sheets.
- The Fed is still cautious on rate cuts because oil and geopolitical risks could keep inflation high, but liquidity support may start through banking-system plumbing first.
- If US-Iran tensions cool and oil stabilizes, Bitcoin, gold, big tech, and banks could benefit. If the conflict escalates, volatility stays high.
Will AI Save Bitcoin Miners? Q1 Crypto Earnings Preview
- Bitcoin miners face a post-halving margin squeeze as Q1 2026 earnings land this week.
- MSTR, COIN, CORZ, HUT, WULF, CIFR, and Block report Q1 with BTC near $79,800.
- Investors will judge how fast AI hosting revenue is replacing thinning mining profits.
