Will upcoming announcements and a possible Binance listing make the Pi Network price prediction of a 300% return a reality? Pi Network is back in action After months of relatively muted action, Pi Network (PI) is suddenly drawing fresh attention.…

Pi Network price doubles in a week — will the May 14 update push it higher?

Brave has added support for Cardano, bringing the cryptocurrency to the browser-native wallet. The integration follows a partnership between web3 blockchain infrastructure firm and Cardano (ADA) developer Input | Output and Brave Software, the company behind the privacy-first browser and…

Brave Wallet expands support with Cardano integration

Tether&#8217;s USDt (USDT) surpassed a $150 billion market capitalization for the 
first time on May 12, marking a new milestone amid growing stablecoin 
adoption.
USDt&#8217;s circulating supply has expanded by over 36% in the past year, with 
growth accelerating in November following the election of US President Donald 
Trump.
_USDt &#8216;s market cap growth over the past year. Source: __CoinMarketCap_
At its current supply, Tether accounts for 61% of the global stablecoin 
market, according to CoinMarketCap data. It&#8217;s followed by Circle&#8217;s USDC 
(USDC), which accounts for nearly 25% of the stablecoin market.
As the world&#8217;s largest stablecoin, Tether is widely viewed as a barometer for 
cryptocurrency demand, given its central role in providing liquidity and 
funding for crypto trading.
Tether is part of a broader trend toward digital fiat currencies, with recent 
data from Dune and Artemis showing that the number of active stablecoin 
wallets has surged more than 50% over the past year, from 19.6 million to 30 
million.
_**Related:**__**$1T stablecoin supply could drive next crypto rally &#8212; 
CoinFund&#8217;s Pakman**_
## Tether eyes US reboot
Despite its large presence globally, Tether&#8217;s usage is restricted in the 
United States, a country now at the forefront of pro-crypto legislation.
Against this backdrop, Tether is planning to enter the US with a new dollar- 
backed stablecoin later this year.
&#8220;A domestic stablecoin would be different from the international stablecoin,&#8221; 
Tether&#8217;s CEO, Paolo Ardoino, reportedly said on the sidelines of the Token2049 
conference in Dubai, United Arab Emirates.
According to a CNBC report, Tether is increasing lobbying efforts in 
Washington as US lawmakers consider several stablecoin-related bills, 
including the STABLE Act, introduced by House Financial Services Committee 
Chair French Hill and Digital Assets Subcommittee Chair Bryan Steil.
_Former CFTC Chair Timothy Massad delivers remarks at a Feb. 11 House 
committee meeting. Source:__GOP Financial Services_
However, the STABLE Act has drawn criticism. As reported by Cointelegraph, 
former Commodity Futures Trading Commission Chair Timothy Massad argued the 
bill would do little to rein in Tether.
Speaking during a Feb. 11 hearing of the House Subcommittee on Digital Assets, 
Financial Technology, and Artificial Intelligence, Massad said the proposal 
poses &#8220;far too much risk of weak state standards&#8221; and suffers from &#8220;an 
inadequate review process,&#8221; noting the lack of &#8220;ongoing federal supervision of 
state issuers.&#8221;
_**Related:**__**US crypto bills compared: STABLE Act vs GENIUS Act**_

USDt market cap hits $150B for first time as Tether eyes US expansion

Dubai will become one of the world’s first governments to fully enable crypto 
payments for public services, following a landmark agreement signed between 
Dubai’s Department of Finance and Crypto.com. Announced at the Dubai FinTech 
Summit on May 12, the memorandum…

Dubai to accept crypto for government service payments in global first

In a fresh update posted on X, market strategist Dom (@traderview2) argues 
that a single, well-defined technical line now holds the key to XRP’s next 
directional move. His six-hour TradingView chart shows the Binance XRP/USDT 
pair peaking at $2.48-2.50 overnight before stalling precisely at the volume- 
weighted average price anchored to the 2018 all-time high (the so-called “ATH 
VWAP”, plotted in green). Since late January that dynamically descending VWAP 
has capped every significant rally attempt and, on four separate occasions, 
triggered immediate, high-velocity rejections. The latest foray produced a 
brief spike to $2.4082 (session high) and a settling price of $2.3644, leaving 
a clear upper wick just beneath the VWAP. Dom calls the reaction “expected” 
given the pair’s very clean technical memory, but he also stresses that the 
market has already reclaimed a critical intermediate pivot: the quarterly VWAP 
at roughly $2.30. Related Reading: XRP Must Close Above These Price Levels To 
Invalidate Bearish Forecast – Analyst That level, the analyst notes, is now 
being “back-tested” intraday; a successful hold there would leave price wedged 
between converging support at $2.30 and resistance at the ATH VWAP near 
$2.48-2.50. A decisive close above the latter would, in Dom’s words, “open the 
sky for a larger breakout” by removing the final barrier that has contained 
XRP since its early-January high near $3.50. Massive XRP Breakout Coming? 
Order-flow data backs the bulls’ case. Dom has been tracking aggregated net 
flows by trade size and finds that tickets of 10,000–50,000 XRP and 50 000+ 
XRP have flipped firmly positive over the past three days, while smaller clips 
(100–1,000 and 1,000–10,000 XRP) have turned net-negative. “Little fish have 
sold the rip and bigger money has been behind it,” he wrote, adding that the 
dataset cannot distinguish between retail and institutional wallets but “very 
unlikely” points to exchange internalisation. Related Reading: Why Is XRP Up 
Today? Key Reasons Revealed Broader market context corroborates the sense of a 
maturing impulse. A separate CoinGlass heat-map of perpetual-swap annualised 
funding rates that Dom shared plots twenty-seven large-capitalisation altcoins 
from November through May. The graphic highlights two periods – late November 
to 9 December and the first weeks of May. The December cluster coincided with 
the “top of alts”, and he argues that the current cluster represents the most 
intense speculative pressure since that episode. “Strongest move in the 
altcoin market since November and funding looks like this… I said it last week 
and I&#8217;ll say it again. Hated rally,” Dom argues. Against that backdrop, the 
immediate technical roadmap remains binary. XRP must first defend the $2.30 
quarterly VWAP, a level that has switched from resistance to support within 
the last forty-eight hours. Hold that shelf and traders will continue to probe 
the ATH VWAP ceiling. Lose it, and the path of least resistance swings back 
toward the mid-$2.00s congestion that defined most of April. But should bulls 
finally force acceptance above the descending VWAP – a feat they have not 
achieved once this year – the analyst sees little in the way of overhead 
supply until the mid-$2.70s, the lower boundary of the late-January 
distribution block. As Dom concludes, “Acceptance above ATH VWAP opens the sky 
for a larger breakout.” At press time, XRP traded at $2.46. Featured image 
created with DALL.E, chart from TradingView.com

XRP Chart Hits Critical Level That ‘Opens The Sky,’ Analyst Warns

DOW has seen some of its best performances this year, on U.S.-China trade de- 
escalation