Robinhood&#8217;s acquisition of WonderFi could significantly enhance its global crypto market presence, potentially reshaping digital asset trading. The post Robinhood strikes $178M all-cash deal to buy Canada&#8217;s crypto powerhouse WonderFi appeared first on Crypto Briefing.

Robinhood strikes $178M all-cash deal to buy Canada’s crypto powerhouse WonderFi

The XRP price is on the verge of a 35% surge to its year-to-date high as 
inflows into the Teucrium 2x Long Daily XRP ETF continue. Ripple (XRP) was 
trading at $2.5270 on Tuesday, up over 55% from its lowest…

XRP price eyes a 35% surge as Ripple ETF nears $100M milestone

Crypto.com Canada announced that it has obtained a restricted dealer 
registration, allowing the platform to continue offering crypto asset products 
and services to Canadian customers while it seeks full registration as an 
investment dealer and membership with the Canadian Investment Regulatory 
Organization (CIRO). This registration follows Crypto.com&#8217;s status as the 
first crypto trading platform to […]

Crypto.com Canada Secures Restricted Dealer Registration to Offer Crypto Services

Infinite Node Foundation (NODE), a nonprofit focused on digital art, has 
acquired the intellectual property of the CryptoPunks non-fungible token (NFT) 
collection from Yuga Labs, NODE said in a May 13 announcement.
The acquisition of CryptoPunks, plus its additional $25 million endowment, 
establishes NODE as &#8220;the most well-capitalized nonprofit dedicated solely to 
digital art in the United States,&#8221; the foundation said in an X post.
The terms of the deal were not disclosed.
The nonprofit said it has assembled an advisory board to oversee the 
CryptoPunks collection. It comprises Matt Hall and John Watkinson &#8212; the 
artists behind the NFT collection &#8212; and a representative of Yuga Labs, among 
others.
&#8220;Our role is to build a networked architecture that allows digital art like 
CryptoPunks to thrive within both digital and art-historical canons,&#8221; NODE 
said.
_The highest-grossing CryptoPunks NFTs. Source:__CryptoPunks_
 _**Related:**__**Doodles NFT token stalls after airdrop**_
## Most valuable NFT collection
CryptoPunks are &#8220;algorithmically generated pixel art characters&#8221; that &#8220;changed 
the art world by existing outside of it and sparked a cultural shift that 
continues to reshape our digital world,&#8221; according to NODE.
It is the most valuable NFT collection, with a total market capitalization of 
nearly $1.2 billion across its 10,000 NFTs as of May 13, according to data 
from CoinGecko.
The CryptoPunks collection was launched in 2017 by Larva Labs, an NFT designer 
co-founded by Hall and Watkinson.
Since then, the NFTs have clocked upward of $3 billion in sales, according to 
NODE. Each NFT sale creates royalties for the holders of the NFTs&#8217; IP.
In 2022, the highest-grossing CryptoPunk NFT sold for nearly $24 million, 
according to CryptoPunks&#8217; website. The collection was purchased in 2022 by 
Yuga Labs, best known for designing the Bored Ape Yacht Club NFT collection &#8212; 
the third-largest NFT collection by market capitalization, according to 
CoinGecko.
Yuga simultaneously purchased Meebits, another Larva NFT collection, before 
selling it in February.
In March, Yuga Labs said the US Securities and Exchange Commission (SEC) 
closed an investigation into the company in what it described as &#8220;a huge win 
for NFTs.&#8221;
_**Magazine:**__**Meebits and CryptoPunks are like Hot Wheels for adults: New 
MeebCo owner Sergito**_

Yuga Labs sells CryptoPunks IP to Infinite Node Foundation

Dogecoin’s revival from the late-April trough at $0.1298 to Monday’s intraday 
spike at roughly $0.2597 has thrust the original meme-asset into a technically 
decisive arena, inspiring three top market technicians to publish fresh views. 
What&#8217;s Next For Dogecoin? Crypto analyst Ali Martinez plots a 12-hour DOGE/USD 
chart that frames a supply band between $0.25 and $0.27. That zone supported 
price in December 2024 and February 2025 three times, but flipped to 
resistance after late February’s breakdown, a role it has repeated in every 
rally since. Martinez marks each failed thrust with black arrows and notes the 
most recent 12-hour close at $0.24903 sitting inside the band. In his words, 
“Dogecoin has reached a crucial area of resistance!” Until bulls print 
decisive closes above the upper boundary at $0.27, the region remains a 
potential turning point. Rekt Capital zooms out to the weekly time-frame and 
points to a horizontal pivot at $0.22014, labelled “Pre-Halving resistance” on 
his DOGE/USDT chart. After reclaiming that level, price is now dipping back 
toward it, a move the analyst calls “that key retest of Pre-Halving resistance 
into new support … Retest is now in progress. Hold green and at least $0.27 
would be next.” Related Reading: Can Dogecoin Realistically Reach $1? Analyst 
Sees Strong Setup The green support box extends roughly $0.19–$0.22 and sits 
atop an 18-month rising trend-line that converges near $0.15901. A weekly 
defence of this cluster would open the way to the next resistances Rekt 
Capital plots at $0.27884 and $0.33817. Bitcoinsensus focuses on momentum, 
overlaying a weekly MACD on his DOGE/USDT chart. The fast line is on the verge 
of crossing above the signal line for the first time since late-2024. He 
highlights that the previous two bullish crossovers preceded rallies of ≈ +165 
% (to $0.23) and ≈ +330 % (to $0.48). Related Reading: Can Dogecoin Reach 
$0.60? This Price Level Is Now Crucial Citing that pattern, the analyst 
writes: “DOGE BULLISH MACD CROSS … Next Price Target : $0.72.” His chart 
projects a parabolic path toward $0.72, while a dotted ascending baseline 
anchored in March 2024 still underpins the structure in the mid-$0.15 region. 
Collectively the three studies leave Dogecoin at an inflection point. A clean 
break above $0.27 would neutralise the multi-month supply zone highlighted by 
Martinez and validate Rekt Capital’s next weekly objectives. Failure to 
sustain that level, or a weekly close back under $0.22, would refocus 
attention on the trend-line and horizontal support in the high-$0.15s. For 
momentum traders, confirmation of the looming MACD crossover could be the 
trigger that sets the stage for Bitcoinsensus’ lofty $0.72 projection. For 
now, participants watch whether the meme-coin’s latest bark translates into 
another bite. At press time, DOGE traded at $0.22485. Featured image created 
with DALL.E, chart from TradingView.com

Dogecoin Hits Critical Zone—Here’s What 3 Leading Analysts Are Watching

Defense lawyers have asked a judge to sentence the person responsible for 
helping post a fake message announcing regulatory approval of Bitcoin 
exchange-traded funds to roughly a year in prison, countering prosecutors&#8217; 
request for a two-year sentence.
In a May 13 filing in the US District Court for the District of Columbia, Eric 
Council Jr.&#8217;s legal team asked that he be sentenced to no more than one year 
and one day in prison following his guilty plea.
Council was part of a group that took control of the US Securities and 
Exchange Commission&#8217;s (SEC&#8217;s) X account in 2024 through a SIM swap attack, 
posting a message that suggested the regulator had approved spot Bitcoin (BTC) 
exchange-traded fund listings for the first time.
&#8220;A sentence of twelve months and one day serves the ends of justice,&#8221; said the 
May 13 filing. &#8220;It sufficiently punishes the defendant for his role in this 
case. It also promotes respect for the law and deters future criminal 
conduct.&#8221;
_Eric Council Jr. &#8216;s sentencing recommendation, filed on May 13. Source: 
PACER_
Council initially pleaded not guilty to the charges, but changed his plea to 
guilty in February on one count of conspiracy to commit aggravated identity 
theft and access device fraud. The judge overseeing the case, Amy Berman 
Jackson, also ordered prosecutors to &#8220;identify the felony and point to where 
that information can be found in the record&#8221; by May 13.
## Prison sentence between 1 and 2 years?
The SEC hacker is scheduled to be sentenced on May 16. Prosecutors asked the 
judge to impose a two-year sentence on Council, saying he &#8220;profited through a 
sophisticated fraud scheme.&#8221; Court filings showed he earned roughly $50,000 
through similar SIM swap attacks.
_**Related:**__**ZKsync X hacker posts false SEC probe in apparent effort to 
crash token**_
Though Council&#8217;s case was likely winding down with his upcoming sentencing 
hearing, the DC court district could soon be under new leadership, potentially 
affecting the prosecution of crypto-related cases. On May 8, US President 
Donald Trump announced that Fox News host Jeanine Pirro would become the 
interim US attorney for the District of Columbia.
_**Magazine:**__**SEC &#8216;s U-turn on crypto leaves key questions unanswered**_