The U.S. Bureau of Labor Statistics reported April 2026 Consumer Price Index 
data on May 12, showing headline inflation climbed to 3.8% year-over-year, 
above the 3.7% analyst consensus and up from 3.3% in March. Gasoline Prices 
Push U.S. CPI to 3.8% in April, Highest Reading Since Late 2025 The monthly 
CPI-U rose 0.6% on a […]

US Inflation Accelerates for Second Straight Month as Gas Costs Drive April CPI

Musk&#8217;s China engagement underscores Tesla&#8217;s strategic reliance on Chinese 
market dynamics, impacting investor sentiment and global operations.
The post Tesla shares rise 3% as Musk set to join Trump for China trip 
appeared first on Crypto Briefing.

Tesla shares rise 3% as Musk set to join Trump for China trip

XRP has spent the past few months in a frustrating position, with its price 
still trading around the same zone that many holders expected it to leave 
behind long ago. However, XRP enthusiast Luke believes this phase should not 
be mistaken for the end of the asset’s long-term story. In a post on X, he 
described the current $1.40 XRP as being in temporary hibernation and said 
that a move to $18 or $25 could represent only an intermediate stage if market 
expansion and adoption continue. XRP’s Current Price Is A Temporary 
Hibernation Phase The XRP price has spent the better part of 2026 trapped in a 
range between $1.30 and $1.45, down more than 60% from its January high and 
about 25% below where it started the year. This has created a disconnect 
between Ripple&#8217;s institutional momentum and XRP&#8217;s price performance. Related 
Reading: Bitcoin Forms The Same Pattern That Previously Led To A 400% Rally 
Taking to the social media platform X, Luke noted that XRP currently trading 
around $1.40 does not reflect what it could become if the next stage of crypto 
adoption is led by regulated financial products. Therefore, the current price 
action should be viewed as a temporary hibernation phase before the 
intermediate phase, and then the final price phase. This is why the analyst 
noted that XRP will trade anywhere between the $18 and $25 range in an 
intermediate phase, but this is not the final destination. In his view, XRP’s 
current predicament is only temporary because the market has not fully priced 
in what Ripple has been building behind the scenes. The final part of the 
price outlook goes beyond the $18 target, and the prediction is that XRP could 
eventually move into triple-digits once institutions fully awaken and the 
infrastructure around Ripple and XRP is switched on. Price At $10,000 Is Not 
Fantasy Luke&#8217;s prediction places XRP trading at five digits on the higher end. 
That higher-end claim is speculative, especially his reference to $10,000 XRP, 
which would require an extreme restructuring of global liquidity and market 
valuation assumptions. According to him, this price target is not fantasy. It 
is global liquidity at scale. Related Reading: Ethereum Analyst Sets $24,000 
Full Parabolic Target, Here’s The Roadmap Speaking of global liquidity at 
scale, Ripple has long positioned XRP as its North Star. That vision has 
become harder to ignore in 2026, as Ripple has secured major ties with 
institutions such as Germany’s $1.6 trillion Deutsche Bank, JPMorgan, and 
Mastercard’s $9 trillion payment network. Yet despite these developments, the 
price has remained mostly unmoved. Luke&#8217;s reasoning goes along with the 
outlook of many members of the XRP community who are predicting extravagant 
price targets for the cryptocurrency. They have faced criticisms from other 
realistic traders, but this hasn&#8217;t stopped the bullish expectations. These 
bullish price expectations see the XRP price rallying far above its current 
all-time high levels and into price targets ranging from $10 to as high as 
$10,000. Featured image created with Dall.E, chart from Tradingview.com

XRP’s Current Predicament Is Only Temporary; These Factors Will Drive It To $18

The controversy highlights the potential for AI misuse in political discourse, 
exacerbating tensions and influencing public perception.
The post Trump AI image post stirs controversy, targets Obama, Biden, Pelosi 
appeared first on Crypto Briefing.

Trump AI image post stirs controversy, targets Obama, Biden, Pelosi

Rabbi Lando&#8217;s support for Knesset dissolution could destabilize Netanyahu&#8217;s 
coalition, increasing the likelihood of early elections.
The post Rabbi Lando backs Knesset dissolution, risking Netanyahu coalition 
stability appeared first on Crypto Briefing.

Rabbi Lando backs Knesset dissolution, risking Netanyahu coalition stability

Zcash price lost momentum on Monday after failing to sustain its explosive 
rally above the $600 mark, raising concerns that the token could face a deeper 
pullback toward the $400 support region amid growing profit-taking pressure. 
According to data from…

US Inflation Accelerates for Second Straight Month as Gas Costs Drive April CPI

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