Tokenizing real-world assets isn&#8217;t about eliminating speculation but improving how productive assets operate and who can access them.

Escaping the extraction economy: Ownership and RWAs win | Opinion

America&#8217;s powerful banking lobby is &#8220;panicking&#8221; over the potential of 
stablecoins to disrupt their traditional business model, particularly when it 
comes to yield-bearing stablecoins, according to Austin Campbell, a New York 
University professor and founder of Zero Knowledge Consulting.
In a May 21 social media post that begins with, &#8220;The Empire Lobbies Back,&#8221; 
Campbell claimed that the banking industry is especially alarmed by the 
potential for stablecoins to offer interest or rewards to holders.
In a pointed message aimed at Democratic lawmakers, Campbell wrote that &#8220;banks 
want you to protect their cartel so they can keep screwing your voters.&#8221;
He went on to explain how fractional reserve banking enables banks to maximize 
profits while offering depositors minimal interest.
The banking lobby says that if stablecoins pay interest or any other type of 
monetary reward, banks will be &#8220;harmed,&#8221; Campbell added.
_An excerpt of Campbell &#8216;s X post. Source: __Austin Campbell_
&#8220;This is naked pandering for cartel protection,&#8221; he said while urging the 
opposition party to avoid &#8220;screwing&#8221; its voters with supporting any type of 
blanket ban on stablecoin interest payments.
Campbell has long advocated for sensible stablecoin legislation in the United 
States, warning a Congressional subcommittee in April 2023 that failing to 
enact such laws would push issuers overseas.
_**Related:**__**Pareto launches synthetic dollar backed by private credit**_
## The rise of yield-bearing stablecoins
Campbell&#8217;s scathing assessment of the traditional banking industry comes amid 
a wave of stablecoin issuers launching yield-bearing tokens.
As reported by Cointelegraph, the US Securities and Exchange Commission (SEC) 
in February approved the first yield-bearing stablecoin security by Figure 
Markets. At the time of its launch, the new YLDS token offered a 3.85% yield.
_Figure Markets &#8216; Form S-1 registration with the SEC for its yield-bearing 
stablecoin. Source: __SEC_
Figure Markets is by no means the only player going down the yield-bearing 
stablecoin route.
In February, Tether co-founder Reeve Collins announced that his Pi Protocol 
will allow investors to mint the USP stablecoin in exchange for USI, an 
interest-paying equivalent.
Spark Protocol&#8217;s USDS also offers holders interest payments generated through 
decentralized lending and tokenized Treasurys.
_Stablecoins have come a long way since October 2014, when Tether launched 
USDt. Source:__S &amp;P Global_
&#8220;It&#8217;s unacceptable to not be receiving at least the risk-free rate for holding 
stablecoins,&#8221; Sam MacPherson, CEO of Spark Protocol developer Phoenix Labs, 
told Bloomberg.
Aside from Bitcoin (BTC), stablecoins have arguably become the most impactful 
use case for blockchain technology, with Coinbase Canada CEO Lucas Matheson 
telling Cointelegraph that global stablecoin volumes are nearly three times 
those of credit card giant Visa.
_**Related:**__**Canada lags with stablecoin approach, but there &#8216;s room to 
catch up**_

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

CoinMarketCap has unveiled its latest AI-powered assistant, CMC AI, that will 
serve up a set of predefined questions and answers on price movements, token 
fundamentals, and sentiment with a single click on all major token pages. For 
instance, if you’re viewing Bitcoin on CoinMarketCap, you’ll see questions 
like ‘Why is $BTC’s price up?’ ‘What could affect $BTC’s future price?’ or 
‘What are people saying about $BTC?’ All you need to do is click on one of 
these questions to get a detailed analysis. This is a prime example of how AI 
agents and tech are shaping real-world experiences. Keep reading to learn more 
about how this feature works and how it could simplify crypto investing for 
you. We’ll also suggest a similar AI agent token (MIND of Pepe) you can invest 
in to make the most of the upcoming AI investment era. How Does CMC AI Work? 
The CMC AI interacts with a large language model (LLM) such as OpenAI and 
feeds it a prompt that includes the latest price data of various tokens. When 
you click on the pre-generated questions, you’re essentially seeing the 
response generated by the LLM based on the prompt provided to it by 
CoinMarketCap. Simply put, CoinMarketCap asks the LLM questions about a given 
token, and the responses are linked in the CMC AI section on the token&#8217;s 
detail page. For major cryptos like Bitcoin and Ethereum, the answers are 
updated every 30 minutes. For other tokens, however, updates will roll out if 
the price moves more than 2% in an hour. Our AI is purpose-built for crypto, 
trained on our extensive market data, and designed to surface insights when 
users need clarity about specific cryptocurrencies. – David Salamon, Chief 
Product Officer at CoinMarketCap. The biggest benefit of CMC AI is that it 
reduces repeated search queries on these LLMs. For example, millions of 
investors would want to ask ChatGPT, ‘Why is the bitcoin price going up?’ This 
leads to a lot of API calls and LLM running costs. With CMC AI, such repeated 
requests can be eliminated, resulting in large-scale cost savings. This is 
Just the Beginning It&#8217;s worth noting that CMC AI&#8217;s initial rollout is only the 
first phase of CoinMarketCap’s host of planned AI updates, which will 
gradually roll out throughout 2025. Upcoming features include trending market 
data on the CoinMarketCap homepage, custom question answers with 
conversational AI LLM tools, and personalized answers based on your watchlist, 
portfolio, and investment interests. This is only the beginning of how AI 
models and AI agents are going to change the future of cryptocurrency and the 
Web3 space. AI agents are rapidly finding new applications and making their 
way into real-world scenarios. The AI agent market cap today stands at $7.22B, 
but it&#8217;s expected to cross the $10B mark soon. If you want to make the most of 
this potentially once-in-a-lifetime opportunity, we’ve got something perfect 
for you: MIND of Pepe ($MIND). What is MIND of Pepe ($MIND)? Don&#8217;t mistake 
MIND of Pepe for just another AI assistant. It&#8217;s a never-before-seen 
intelligent AI agent built from the ground up to identify the next cryptos to 
explode, i.e., cheap presale tokens poised for growth. $MIND will interact 
with the crypto community on online platforms like X. Unlike typical AI 
chatbots that feel sterile and boring to talk to, however, $MIND will serve up 
a user-friendly and context-aware tone, engaging crypto degens like never 
before. We were blown away when we found out that MIND of Pepe has also been 
programmed to understand crypto-native lingo, prevalent memes, and the overall 
mindset of the crypto trading community. Once it&#8217;s gathered the crypto 
community&#8217;s varying opinions on different tokens, $MIND will use its cutting- 
edge hive-mind analysis system to deliver actionable trading insights to its 
token holders. It&#8217;s worth noting that besides social sentiment, MIND of Pepe 
will also gather real-time on-chain activity and things like market data APIs 
to help it spot and connect everything relevant for the AI agent to offer good 
trading calls. Buy Some $MIND Now $MIND Will Also Be Self-Evolving In addition 
to being fully autonomous, MIND of Pepe will also be self-evolving. According 
to its whitepaper, $MIND will eventually even be able to create its own 
tokens. Seeing as $MIND will have access to CoinMarketCap, DexScreener, and 
Solana-specific metrics (like token creation, wallet activity, and early LP 
behavior), there&#8217;s really no arguing that $MIND&#8217;s own tokens could very well 
be in a pole position to become the next top trending cryptos. Buy the $MIND 
Presale to Ride the AI Agent’s Success The most significant piece of 
information we could give you today is that every single benefit related to 
MIND of Pepe will only be available to holders of the $MIND presale token. So, 
if you haven&#8217;t quite figured out meme coin investing – or you&#8217;d like to 
diversify your portfolio with one of the best AI agent coins – then become an 
early investor in $MIND. Luckily for you, the project is still in its presale. 
It&#8217;s gaining more and more attention and has raised nearly $10M in early 
investor funding, which is a testament to its revolutionary powers. Each token 
is currently available for just $0.0037515, but interested investors should 
really hurry up because the presale will end in less than 10 days from now. 
Our MIND of Pepe&#8217;s price prediction found it could easily be the next crypto 
to explode. According to our research, $MIND could reach $0.030 by the end of 
2030. If this holds true, you could see a nearly 800x return on your 
investment. If this is your first time joining a crypto presale, here&#8217;s a 
detailed guide on how to buy MIND of Pepe. Join the MIND of Pepe Presale 
Disclaimer: The crypto market is highly uncertain. We urge you to invest 
wisely and do your own research before you do. This article is not financial 
advice.

New CoinMarketCap Crypto AI Sends Altcoins like MIND of Pepe to the Moon

As bitcoin shattered its prior all-time high on Wednesday, meme coins sprinted 
ahead, posting sizable double-digit advances across the board. Meme Coins 
Shine Under Bitcoin’s Latest Lifetime Achievement Bitcoin catapulted to an 
unprecedented $109,500 per coin, marking its highest recorded valuation to 
date. Although BTC climbed over 4% during the day, the real momentum rippled 
[…]

Speculative Crypto Mania: Meme Coins Explode as Bitcoin Hits $109K Milestone

Crypto analyst Galaxy has drawn similarities between the current XRP price 
action and the 2017 bull run, when the altcoin recorded significant gains. He 
predicts the altcoin could soon rally to double digits, mirroring the 2017 
rally. XRP Price To Rally To Double Digits As It Mirrors 2017 Rally In an X 
post, Galaxy indicated that the XRP price could rally to double digits as it 
mirrors the 2017 rally. He stated that XRP is almost perfectly following the 
breakout pattern of 2017 after 6 years of consolidation. The analyst added 
that the longer the consolidation, the bigger the price move. Related Reading: 
XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next? His 
accompanying chart showed that the XRP price could rally to almost $40 on this 
breakout. The analyst seems convinced that the altcoin could witness such a 
parabolic move, considering that XRP surged by 61,000% in 280 days in 2017. 
The chart also showed that the altcoin will likely reach this target sometime 
next year. Crypto analyst Egrag Crypto has also stated that he expects the XRP 
price to reach between $27 and $33 in this market cycle. He believes that a 
repeat of the 2017 historical performance makes these price targets achievable 
for the altcoin. The analyst has also alluded to factors such as the XRP ETFs 
and Ripple’s expansion as factors that could drive this price surge. 
Meanwhile, crypto veteran Raoul Pal also affirmed that the XRP price has 
enough room to rally to the upside from its current level. He highlighted a 
bull flag that had formed for the altcoin, following its consolidation phase 
after last year’s rally. The veteran expects XRP to witness a bullish 
continuation after this consolidation phase, possibly rallying to as high as 
$5. This would mark a new all-time high (ATH) for the token. The Altcoin In A 
Bullish Phase Crypto analyst CobraVanguard asserted that the XRP price is in a 
bullish phase, while highlighting a falling wedge pattern that was forming for 
the altcoin. He remarked that this pattern indicates the altcoin’s potential 
to reach $3. However, the analyst warned that this setup could be invalidated 
if the wedge pattern is broken downwards with the strength of bearish candles. 
Related Reading: XRP Price Explosion To $5.9: Current Consolidation Won’t Stop 
XRP From Growing Meanwhile, crypto analyst Dark Defender noted that the XRP 
price is currently in Wave B of its Wave 2 corrective move. He predicts that 
the altcoin could rally to its current all-time high once the B and C waves 
are completed in this corrective wave. The analyst is also confident that the 
altcoin can rally to double digits in the long term. He once predicted that 
the altcoin could reach $18 based on his Elliott Wave Theory analysis. At the 
time of writing, the XRP price is trading at around $2.38, up in the last 24 
hours, according to data from CoinMarketCap. Featured image from iStock, chart 
from Tradingview.com

Is The XRP Price Mirroring The 2017 Rally? Analyst Points Out Similarities

**Key takeaways:**
 * The Bitcoin Quantile Model shows &#8220;heat&#8221; with price on the verge of an &#8220;acceleration phase,&#8221; echoing Q4 2024 when BTC embarked on a 45% post-election rally.
Bitcoin (BTC) price has formed a new intraday high on each daily candle this 
week, with the crypto asset slowly grinding toward a new all-time high. In 
line with its current trajectory, 21st Capital co-founder Sina noted that 
Bitcoin is approaching a pivotal moment around the $108,000 level.
The Bitcoin Quantile Model update shows that BTC&#8217;s market reflects the same 
&#8220;heat&#8221; that was present after President Trump&#8217;s post-election rally and the 
spot ETF-driven highs during Q4 2024. The model, which uses quantile 
regression to map Bitcoin&#8217;s price phases on a logarithmic scale, indicates the 
cryptocurrency is in the Transition Zone, a critical juncture before the 
Acceleration Phase. Throughout Q4, 2024, Bitcoin rallied by 45% after entering 
a price discovery period above $74,500.
_Bitcoin Quantile Model. Source: X.com_
As illustrated in the chart, once it breaks into the &#8220;Acceleration&#8221; Phase, it 
could trigger BTC&#8217;s next leg or the mid-phase, typically between the 33% and 
66% range. Based on the model, BTC is expected to progressively target price 
levels of $130,000 and $163,000 in the coming months.
However, anonymous Bitcoin analyst apsk32 believed a price target above 
$200,000 is a &#8220;reasonable&#8221; expectation for 2025. Basing the projection on 
Bitcoin&#8217;s &#8220;power curve,&#8221; the analyst noted that BTC&#8217;s position relative to 
gold has significantly improved since April.
From a technical standpoint, this view is supported by the recent convergence 
of the Sharpe ratios for Bitcoin and gold, suggesting that the two hard assets 
now offer comparable risk-to-reward profiles to their investors.
Fidelity&#8217;s Director of Global Macro Jurrien Timmer shed light on this 
development, recommending a 4:1 goal-to-Bitcoin ratio from an allocation 
perspective.
_**Related: Bitcoin &#8216;blow-off top&#8217; set at $128K with new all-time highs in 
sight**_
## Strong Bitcoin volumes &#8220;final straw&#8221; before new highs
Crypto researcher Aylo analyzed BTC&#8217;s historical price action when the crypto 
asset consolidates near its all-time high level. In an X post, the analyst 
explained,
&gt; &#8220;The data shows when BTC gets close to its previous ATH during a strong, 
&gt; accelerating trend with high momentum, it has historically broken out to new 
&gt; ATHs within a short time (days to weeks).&#8221;
However, weaker trends have led to stalls or retraces between March and May 
2024. Currently, Bitcoin exhibits a strong trend but lacks the necessary 
trading volume, which remains the final straw to confirm a breakout, a factor 
that could delay upward movement.
Alyo added that for Bitcoin to break its all-time highs, daily trading volume 
should exceed the previous 10 days, be at least 1.5 times the 20-day average, 
and ideally sustain a 3-day increase while the price holds steady or rises.
Data from CryptoQuant has reinforced Aylo&#8217;s concerns about trading volume. On 
May 21, retail investor demand for Bitcoin, defined as wallets buying/selling 
between $0 and $10,000, remained low at just 3.2% over 30 days, despite BTC 
trading within $2,000 of its all-time high.
_Bitcoin &#8216;s retail investor volumes. Source: CryptoQuant_
For comparison, bullish retail demand accounted for approximately 30% in 
December 2024&#8211;nearly 10 times higher than current levels&#8211;even though Bitcoin 
was well below, at a price range of $96,000 to $97,000.
_**Related: How high can Bitcoin price go?**_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.