Cardano Foundation has failed at its second attempt to secure funding from 
Cardano’s community to fund its annual conference.

Cardano Foundation has failed at its second attempt to secure funding from Cardano’s community to fund its annual conference.

Cardano Foundation cancels annual conference after failed funding vote

Neobanks and digital asset businesses have emerged as key growth engines for 
fintech firms, which have delivered record profitability with average EBITDA 
margins of 20%, and 74% of major public players reporting profits in 2025, 
according to a new report.…

Neobanks and digital asset businesses have emerged as key growth engines for fintech firms, which have delivered record profitability with average EBITDA margins of 20%, and 74% of major public players reporting profits in 2025, according to a new report.…

Neobanks and digital assets emerge as fintech’s next growth engines: report

Nvidia&#8217;s Vera Rubin platform could revolutionize AI economics, significantly 
lowering inference costs and reshaping market expectations.
The post Nvidia CEO Jensen Huang unveils Vera Rubin platform at GTC Taipei 
with $1 trillion in projected orders appeared first on Crypto Briefing.

Nvidia&#8217;s Vera Rubin platform could revolutionize AI economics, significantly lowering inference costs and reshaping market expectations. The post Nvidia CEO Jensen Huang unveils Vera Rubin platform at GTC Taipei with $1 trillion in projected orders appeared first on Crypto Briefing.

Nvidia CEO Jensen Huang unveils Vera Rubin platform at GTC Taipei with $1 trillion in projected orders

Jake Claver has outlined his macro thesis for why XRP could eventually reach 
$1,000, arguing in a May 31 interview with MissCrypto that the asset may 
benefit from a rare convergence of global liquidity stress, stablecoin 
regulation, tokenization and real-time settlement demand. Claver acknowledged 
that the target appears extreme when viewed through the usual market-cap 
framework. But he argued that crypto investors are applying the wrong lens to 
assets designed to support global settlement networks.“ I know that seems like 
a high price point for a lot of people,” Claver said. “They look at the total 
market cap and they look at the total supply and the tokenomics around it, and 
in most circumstances that wouldn’t be feasible just candidly. That situation 
is a perfect storm that I do think will play out. I think at this point it’s 
very likely that it will play out actually.” The Macro Domino Theory Behind 
XRP At the center of Claver’s argument is the potential unwind of the yen 
carry trade, which he said began showing signs of stress in August 2024. For 
decades, investors borrowed cheaply in Japan and deployed that capital into US 
Treasuries, equities, real estate, gold, silver and other global assets. If 
Japanese rates rise while US rates decline, he argued, capital could rotate 
back into Japanese bonds, forcing large-scale selling of US Treasuries and 
other assets. Related Reading: XRP And XLM Correlation Sparks Hopes Of A 
Recovery Surge “So what does that look like? Well, I kind of have to take it 
back to macroeconomics,” Claver said. “A lot of people focus narrowly on the 
crypto space and they think that this is retail driven. I would challenge that 
and say that a lot of the volume that we’ve seen move into crypto over the 
last really two years has been institutionally driven.” That, in Claver’s 
view, is where crypto infrastructure becomes relevant. He said the back end of 
the stock market and FX market will need faster liquidity and settlement rails 
if a disorderly repricing hits traditional markets. “Crypto has a big role to 
play here and it is the liquidity and movement to real-time settlement for the 
back end of the stock market and the FX market,” he said. “Because both of 
those things are going to be affected when all of this plays out. If there’s 
not enough liquidity or credit that can be extended to these parties, we will 
literally have an ICE 9 scenario.” Claver said such a scenario would not 
simply be about crypto prices, but about a broader repricing across global 
markets. “You can imagine tens of trillions of dollars being sucked out of 
markets globally,” he said. “And it’s not really going to matter where you 
have your money. It could be in bonds. It can be in the stock market. It can 
be in gold and silver.” Claver also linked the thesis to stablecoin 
legislation and Treasury demand. He said the US did not have a stablecoin bill 
in place in 2024, but that after its passage in 2025, regulated stablecoins 
could create domestic demand for Treasuries returning to the market. He also 
pointed to expected OCC guidance for banks issuing stablecoins, saying the 
regulator’s comment period ended May 1 and that guidance could arrive by July 
18. XRP ETFs, Tether Risk And Settlement Demand A major part of the thesis is 
Claver’s expectation that Tether could face pressure, either from geopolitical 
developments, sanctions risk or questions around its reserves. He noted that 
Tether has a large Treasury position but argued that the lack of a full audit 
and the presence of Bitcoin and other assets on its balance sheet leave open 
questions. “They have a significant position, but a large portion of their 
balance sheet is Bitcoin and other assets,” Claver said. “They’ve never had a 
full audit. And why would you launch a US compliant stablecoin if you intended 
to make the other stablecoin that you have compliant over the three-year 
period that you have to do that?” He said any liquidity disruption at the 
stablecoin level could affect exchanges and Bitcoin, especially if ETF-related 
settlement mismatches become more visible. Bitcoin settles on-chain within 
roughly 30 to 45 minutes, he said, while the stock market remains on T+1. If 
traditional markets fail to move toward T+0 settlement, he argued, 
institutions could face pressure to adopt assets and networks better suited 
for real-time value transfer. “I think that you’re going to see an onslaught 
of XRP ETFs and a huge rotation of liquidity into that asset,” Claver said. 
“There’s not a whole lot left on exchanges at this point. It’s very low 
liquidity for XRP on exchanges. And that would drive the price substantially 
higher where they could then start using it to settle the back end of the 
stock market.” Related Reading: XRP Whale Vs. Retail Spread Just Hit A 2-Year 
Low, What This Means Claver said that dynamic could also help “derisk the 
currency market,” adding that XRP “solves a lot of the problems that are going 
to occur when this unwind happens.” Clarity Act And The Limits Of The Thesis 
Claver framed the Clarity Act as important but not the only trigger. He said 
the legislation could protect court-established clarity for digital assets and 
help address DeFi rules, taxation, liquidity pools, KYC and AML requirements. 
Still, he suggested that regulators may move faster than Congress if OCC 
guidance gives banks a clear path for stablecoin issuance. “The Clarity Act is 
really kind of more focused on clarity around what these digital assets are,” 
Claver said. “The other piece that’s in there that I do think we need is 
regulations around DeFi here domestically in the US.” He also acknowledged 
that XRP is not the only network positioned for value transfer. Solana, 
Hedera, Stellar and XRPL-based tokenization tools were all mentioned as 
potential parts of the broader market structure shift. However, he argued that 
XRPL’s native features, including digital identity credentials, permissioned 
domains, a permissioned DEX, oracles, AMM functionality and multi-purpose 
tokens, give it a strategic advantage. “There’s just a lot of things that have 
been built into the XRPL over time that I think give it a strategic advantage 
alongside the lawsuit and the clarity that they have from that lawsuit with 
the SEC here domestically in the US,” Claver said. Claver repeatedly described 
the $1,000 XRP scenario as a theory, not certainty. But his broader view is 
clear: if macro stress forces traditional markets toward faster settlement, 
and if regulated stablecoins and tokenized assets accelerate institutional 
adoption, XRP could become one of the assets most directly exposed to that 
transition. At press time, XRP traded at $1.30. Featured image created with 
DALL.E, chart from TradingView.com

Jake Claver has outlined his macro thesis for why XRP could eventually reach $1,000, arguing in a May 31 interview with MissCrypto that the asset may benefit from a rare convergence of global liquidity stress, stablecoin regulation, tokenization and real-time settlement demand. Claver acknowledged that the target appears extreme when viewed through the usual market-cap &#8230;

XRP To $1,000? Expert Lays Out Macro Domino Theory

Kyle Samani says Web3 is dead and only DeFi and DePIN remain as Eli Ben-Sasson 
warns crypto faces an identity crisis across the market.

Kyle Samani says Web3 is dead and only DeFi and DePIN remain as Eli Ben-Sasson warns crypto faces an identity crisis across the market.

Web3 is dead? Kyle Samani says only DeFi and DePIN remain

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of 
dollars for immediate execution indicates a large directional holder exited a 
trade on BlackRock’s IBIT last week.

NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.

Cardano Foundation cancels annual conference after failed funding vote

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