XRP (XRP) is testing a key long-term support level that has historically preceded major rebounds, according to a monthly chart shared by analyst MikybullCrypto. Key takeaways: XRP has jumped by roughly 30% from its February lows. Multiple fractals suggest the price is bottoming out, supported by strong XRP ETF inflows. XRP chart hints at rebound…
Blockchain layer-2 (L2) network Polygon reduced its average block time by 250 milliseconds to 1.75 seconds, marking its first block-time reduction since genesis as the network pushes deeper into stablecoin payments and settlement infrastructure. Polygonscan shows that the latest blocks on the network were created in 1.75 seconds. The upgrade means that Polygon can process…
Kraken parent Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, expanding its push into stablecoin payments and business-to-business (B2B) financial infrastructure. Payward has entered into a definitive agreement to acquire Reap for up to $600 million, the company announced Thursday. The deal is set to be paid in a mix…
In brief Prediction market platform Kalshi raised $1 billion at a $22 billion valuation in a Series F round led by Coatue. The platform said it commands 90% of U.S. prediction market activity with 2 million monthly users. Weekly trading volumes hit $3 billion, up from $100 million a year ago. Prediction market platform Kalshi…
Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and high-density colocation became its largest revenue source. In its earnings report published Wednesday, the company reported a net loss of $1.06 per diluted share for the quarter. A year earlier, Core Scientific reported diluted earnings of $1.24…
South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027. Moon Kyung-ho, director of the ministry’s income tax division, announced at an emergency parliamentary forum on virtual asset taxation held at the National Assembly Members’ Office Building in Seoul on Thursday, according to South…
In brief A Unitree Robotics G1 humanoid named Gabi was formally initiated as a monk at Seoul’s Jogyesa Temple on Wednesday. The Jogye Order adapted the Buddhist Five Precepts for the robot, including rules against deception and overcharging. Gabi joins a growing number of religious robots across Asia, including Buddhist teaching robots in Japan and…
In brief Google released Multi-Token Prediction (MTP) drafters for Gemma 4, delivering up to a 3x speedup at inference without any degradation in output quality. The technique—called speculative decoding—uses a lightweight “drafter” model to predict several tokens at once, which the main model then verifies in parallel, bypassing the one-token-at-a-time bottleneck. MTP drafters are available…
In brief Kraken parent Payward Inc. agreed to pay $600 million for Reap Technologies, a Hong Kong-based stablecoin payments provider. The deal combines cash and stock, with Payward issuing shares at a $20 billion valuation, according to co-CEO Arjun Sethi. Reap specializes in cross-border payments using stablecoins, targeting Asian markets for cryptocurrency payment infrastructure. Payward…
Bitcoin’s (BTC) relief rally to $82,000 appears to be cooling off, and analysts say key levels must be reclaimed for BTC price to “confirm a durable continuation higher.” Key takeaways: Bitcoin must break resistance at $85,000-$88,000 to confirm that the bottom is in. Profit-taking on rallies must cool down for a sustained breakout in BTC…