🌕 CZ-owned Trust Wallet launches AI agents that can execute crypto trades
The digital wallet owned by Binance founder Changpeng Zhao, which has more than 220 million customers, said Thursday that users can now employ artificial intelligence-powered agents to perform a variety of crypto transactions.
"Today, Trust Wallet launches the Trust Wallet Agent Kit (TWAK) — infrastructure that lets AI agents execute real crypto transactions, across more than 25 blockchains, within rules that users define and control," the company said in a blog post. The agents can handle cross-chain swaps across several networks, including Solana and Bitcoin, in addition to managing recurring buys.
Crypto firms are increasingly experimenting with AI-powered automation, aiming to allow users to enlist agents that can actively manage portfolios and execute trades.
The new toolkit offers two ways to operate, one where the AI agent has its own wallet and can execute trades automatically based on set rules, and the other where it suggests transactions that users then need to approve.
"Trust Wallet has always been built on a single principle: your keys, your crypto. TWAK extends that principle into the age of AI agents," also according to the blog post. "With WalletConnect mode, an AI can help you act on your portfolio — research, propose, execute — without ever holding your keys. You stay in control."
While the cryptocurrency exchange initially bought Trust Wallet in 2018, it now operates as an independent company.
📣 Attention, XRP community! Ripple announces a new partnership!
Despite a significant drop in the XRP price, Ripple is striving to strengthen its leading position in the blockchain ecosystem.
Currently, Ripple is expanding its services in the field of corporate digital assets, entering into new partnership agreements to continue its global growth.
In this regard, KBank, one of the largest banks in South Korea, has entered into a partnership with Ripple to test money transfers on the blockchain.
Beginners often go straight into futures because there's "fast money" there. But along with potential profit, the risks are much higher.
🔎 Spot – this is a regular purchase of a coin. You actually own the asset and can hold it for as long as you want.
Pros: no liquidation, less stress, suitable for long-term investments, even if the coin drops in value, it stays with you.
Cons: profit only when the price rises and slower earnings.
📈 Futures – this is trading a price contract, often with the use of leverage.
Pros: you can make money on both rising and falling prices, higher potential profit due to the possibility of using leverage.
But there's a downside: high risk, the position can be liquidated, mistakes here cost much more.
Futures amplify not only profits, but also your mistakes.
📌 Therefore, a simple rule for beginners: first learn to work on spot, understand the market and risk management, and only then move on to futures.
All the experience is explained in detail and in simple language in the video course in our community. And there you can also improve your observation skills by watching the team's trades.
💬 A gap is a break on the CME futures chart that forms due to the market closing during non-trading hours. The market is not obligated to close gaps, but BTC does so in 90% of cases, especially if a suitable news event occurs.
May was marked by synchronous growth in inflows on all fronts.
Top altcoins and Bitcoin are growing faster than US stocks, and Binance recorded 78% of all net deposits on CEX, accumulating billions in stablecoins for future movement.
✴️ Shiba Inu (SHIB) Sees Billions of Tokens Injected to Exchanges: Crypto Market Liquidations Hits Memecoins
As on-chain data reveals a sharp rise in exchange inflows, Shiba Inu (SHIB) is under fresh bearish pressure, while the larger memecoin market continues to struggle with significant liquidations and lackluster momentum.
🔸 Billionaires are selling
According to recent metrics, over 303 billion SHIB entered exchanges in the past day, and Exchange Inflow (Top10) surpassed 6.1 billion tokens. The overall exchange outflow, however, did not keep up, indicating that more holders are getting ready to sell rather than transfer tokens into self-custody.
The consistent drop in exchange reserves is one of the most obvious warning indicators. The Exchange Reserve USD metric dropped more than 3%, indicating that the dollar value of SHIB sitting on exchanges continues to decline alongside price weakness, even though reserves fell 0.34% over the previous day.
There was a slight increase in active addresses, but it seems that transfer activity rather than actual accumulation caused the increase.
Additionally, the TradingView chart shows a declining structure. After repeatedly failing to recover important moving averages, SHIB recently broke out of a rising wedge formation. The fact that the price is still below the 50-, 100-, and 200-day moving averages shows that sellers are still in charge of the overall trend.
After failing to hold above the neutral 50 level, the RSI also saw a significant decline, heading toward oversold territory. This typically indicates growing selling pressure rather than accumulation when combined with rising exchange inflows.
Because it may indicate planned distribution, large holders transferring billions of SHIB to exchanges frequently causes panic in retail markets.
💥 Critical Price Levels for Bitcoin Long and Short Positions Have Been Determined! Here Are the Liquidation Points!
In the cryptocurrency market, Bitcoin’s approach to critical price levels has raised a scenario that could trigger large-scale liquidations in leveraged trading. According to recent data shared by the on-chain data platform Coinglass, if the Bitcoin price rises above $80,634, approximately $1.77 billion worth of short positions could be liquidated on major centralized cryptocurrency exchanges.
Analysts say that breaking above this level could create a strong “short squeeze” effect in the market. A short squeeze occurs when a sharp upward move in price forces short sellers to close their positions. This creates additional buying pressure, potentially accelerating Bitcoin’s rise.
On the other hand, downside risks are also noteworthy. According to Coinglass data, a drop in Bitcoin below $73,578 could lead to the liquidation of approximately $1.64 billion in long positions. Such a scenario could increase selling pressure and cause sharper price declines.
Market experts say that Bitcoin’s current price range is creating uncertainty among investors. It is noted that investors, especially those using high leverage, are closely monitoring these critical levels.
Recently, macroeconomic developments, expectations regarding US interest rate policies, and capital flows into spot Bitcoin ETFs continue to be decisive factors in price movements. Experts emphasize that if Bitcoin surpasses the $80,634 resistance level, the upward momentum could strengthen, but a sharp correction could occur if the $73,578 support level is lost.
For investors, these two levels stand out as critical thresholds that will determine the direction of the market in the coming days.
XRP’s market capitalization has erased nearly $10 billion in four days as bearish momentum continues to pressure the broader cryptocurrency market.
Specifically, on May 14, XRP’s market capitalization stood at $95.39 billion before falling to $85.66 billion at press time, wiping out about $9.73 billion in four days.
Meanwhile, XRP was trading at $1.38, down 4.5% over the past week and more than 2% in the last 24 hours.
XRP’s decline has largely been driven by its strong correlation with Bitcoin (BTC), often magnifying market moves due to thinner liquidity and risk-off sentiment in altcoins.
As Bitcoin fell below $80,000 and struggles to hold above $75,000, additional pressure has weighed on XRP.
The broader crypto market weakness has also been fueled by geopolitical tensions and macroeconomic uncertainty. In this line, the ongoing U.S.-Iran conflict and disruptions in the Strait of Hormuz have lifted oil prices and triggered risk-off sentiment across global markets.
Meanwhile, rising U.S. Treasury yields and persistent inflation have reduced expectations for near-term Federal Reserve rate cuts, making speculative assets like cryptocurrencies less attractive.
Profit-taking by long-term holders and large investors has further added to the selling pressure, particularly after XRP rallied above $1.50.
🔸 XRP ETFs strong momentum
Notably, the correction has come despite strong momentum in spot XRP ETFs, which recorded $60 million in net inflows last week, their best weekly performance of 2026.
Notably, all five XRP ETF products recorded positive flows during the week, with the latest figure alone exceeding the combined monthly totals recorded in January, February, and March 2026.
The strong momentum has also pushed May ahead of April’s previous monthly record of $81.59 million, making it the best-performing month for xrP ETFs so far this year.
📣 CZ, Ripple CEO Brad Garlinghouse, BlackRock COO, and the Chair of the Solana Foundation Met to Discuss the Future of the Industry
Cryptocurrency exchange Binance held its first online conference, “Binance Online.” The live broadcast, which lasted approximately four hours, brought together prominent figures from the crypto and traditional finance worlds.
Speakers at the event included Binance founder Changpeng Zhao (CZ), BlackRock COO Rob Goldstein, Ripple CEO Brad Garlinghouse, Solana Foundation President Lily Liu, Adam Back, Chamath Palihapitiya, and Anthony Pompliano.
The conference, which featured a total of 10 different panels, garnered over 680,000 views. Topics highlighted in the panels included AI agents, stablecoins, Real World Asset Tokenization (RWA), institutional adoption, and the integration of crypto and traditional finance. A large majority of participants argued that AI and blockchain technology are beginning to converge at the infrastructure level, and that the new financial model, defined as “Agent Finance,” will play a critical role in the future.
In sessions focusing on stablecoins and payment systems, Binance stated that the on-chain circulation of stablecoins is growing rapidly and that financial infrastructure efficiency is reshaping traditional payment systems. Speakers also expressed the view that stablecoins and tokenized assets are accelerating integration with global capital markets.
CZ, in his discussions with investors, stated that the crypto infrastructure needs to prepare for an AI-powered “machine economy.” According to CZ, on-chain payments and automated transactions will become one of the key use cases of the economy in the future. In contrast, Chamath Palihapitiya said that the main bottleneck facing the AI economy is the lack of physical infrastructure such as energy, data centers, and processing power.
🪙 “XRP Will Melt Faces,” Analyst Points to $3.6B XRPL RWA Boom and $10 Target
XRP community educator X Finance Bull recently argued that the market may still be underestimating XRP’s long-term potential.
He based this view on the XRP Ledger’s growing role in the real-world asset (RWA) sector as tokenized finance continues to expand.
In a recent post on X, the analyst pointed to data from RWA.xyz showing that the XRP Ledger climbed 63% over the last 30 days on the platform’s RWA league table.
According to the analyst, the XRPL has absorbed more than $3.6 billion in tokenized real-world asset value in just five months. The comment has fueled speculation that XRP’s price could eventually reach double digits if adoption continues to accelerate.
🔸 XRPL’s RWA Growth Gains Attention
The analyst claimed the rapid rise of tokenized assets on XRPL shows that institutional adoption is beginning to take shape.
Real-world assets are traditional financial products such as bonds, funds, real estate, and commodities represented on blockchain networks. Supporters of XRP believe this sector could become one of crypto’s largest growth areas over the next decade.
The commentator said XRPL is getting closer to overtaking BNB in the RWA rankings as Ripple and the XRPL Foundation continue efforts to bring traditional finance on-chain.
Notably, the crypto tokenized asset market is worth over $350 billion, while XRPL remains far lower at $3.6 billion.
🔸 Comparisons to Bitcoin’s Early Skepticism
Meanwhile, to support the bullish outlook, the XRP supporter compared today’s criticism of XRP to the skepticism Bitcoin faced during its early years.
According to the post, critics once argued Bitcoin would never surpass $100 back in 2011. The analyst noted that Bitcoin later surged to an all-time high near $126,000 in October 2025, proving many early doubters wrong.
🗯️ According to the Data, an Altcoin Network Is Being Abandoned Following Recent Events
Following the KelpDAO attack, the security of cross-chain infrastructures has once again become a topic of discussion in the cryptocurrency sector, and it has been reported that many protocols have moved away from the LayerZero infrastructure and switched to the Cross-Chain Interoperability Protocol (CCIP) system developed by Chainlink.
According to recent industry data, approximately $4 billion worth of assets have either migrated or are in the process of migrating from LayerZero to Chainlink CCIP.
Following the $292 million loss resulting from the KelpDAO attack on May 16, scrutiny of cross-chain security has intensified, and the DeFi protocol Lombard has become the latest project to join the migration wave. In a statement, the company announced that after a comprehensive internal security review, it has discontinued its use of LayerZero and migrated over $1 billion worth of Bitcoin-backed assets to the Chainlink CCIP infrastructure.
Lombard announced it will issue two Bitcoin-backed tokens, LBTC and BTC.b, while prioritizing asset transfers to the Solana, Etherlink, Berachain, Corn, and TAC networks. The protocol also stated it will completely end the use of LayerZero on Morph and Swell.
The company stated that its choice of Chainlink CCIP was based on security elements such as independent node operators, an internal rate capping mechanism, and audited infrastructure. Lombard will also adopt Chainlink’s cross-chain token standard, supporting cross-chain asset transfers using a “burn and mint” model.
Kelp DAO, Solv Protocol, Re, and the cryptocurrency exchange Kraken had previously completed similar transition processes.
Chainlink Labs Director of Business Development Johann Eid stated in his comments on the matter, “We are witnessing an ongoing wave of safe-haven migration in the industry.”
😥 The yield on 30-year US Treasury bonds has risen to 5.12% – the highest since the 2008 financial crisis.
Rising yields on US Treasury bonds often coincide with pressure on BTC – investors are exiting risky assets, while the dollar and bonds become more attractive.
UPD: The yield on 30-year Japanese bonds has exceeded 4% for the first time, and the yield on 30-year UK bonds has hit a high not seen since 1998.
📊 At 112K, I projected that $BTC would trend down to 37K.
After updating my analysis, and with several months potentially still left in this broader bear phase, I now see the 50–60K range as a great area to scale in.
Whether we get another sweep below 60K remains to be seen. If it happens, I’ll take advantage of it; if not, I’ll simply wait for a clear structural shift and flip long accordingly rather than anchoring to a single target.
The broader cycle structure still leans toward a potential move below 60K, but ultimately we’ll see whether history repeats or this cycle deviates.
📣 XRP sees record growth in large-holder wallets as accumulation outpaces volatility
The number of XRP Ledger wallets holding at least 10,000 XRP has reached 332,230, according to Santiment data.
🐳 According to our on-chain data, XRP Ledger now has reached an all-time high of 332,230 wallets holding at least 10K XRP. This extends a consistent growth trend that has been building since June, 2024. The continued rise in XRP Ledger wallets holding at least 10,000 XRP is an… — Santiment Intelligence (@SantimentData) May 12, 2026
That marks the peak of a nearly two-year accumulation trend that has held through major crypto volatility, including deep drawdowns in XRP’s price and episodic market-wide liquidations that briefly reduced the number of large holders.
Between February 6 and 8, the number of XRP Ledger wallets holding at least 10,000 XRP fell by more than 4,500, though no direct XRP-related event has been identified. The timing suggests the decline was tied to the wider crypto market downturn and liquidation event in early February. Wallet growth has since rebounded beyond its previous levels.
XRP traded at $1.45 at press time, about 60% below its all-time high of $3.6 set in July, per CoinGecko. The asset currently ranks as the fourth-largest crypto by market value, after recently being overtaken by BNB in market capitalization standings.
The steady rise in wallets with sizable XRP balances is seen as a positive long-term development because it indicates large holders have continued to accumulate through market volatility. Historically, expanding numbers of mid-to-large wallets have been associated with strong convictions and long-term investment behavior.
The pattern implies that many holders accumulate during market weakness rather than responding to short-term price momentum.
🤔 Controversial US Giant Sell Bitcoin (BTC) and Buy This Altcoin Instead!
Jane Street, which stated in 2023 that it withdrew from digital asset trading in the US due to regulatory uncertainty in the US, disclosed its Bitcoin and Ethereum holdings.
Accordingly, Jane Street announced that it will reduce its Bitcoin (BTC) ETF holdings while increasing its Ethereum (ETH) ETF holdings in the first quarter of 2026.
Accordingly, cryptocurrency market maker Jane Street significantly reduced its holdings in Bitcoin ETFs during the first quarter, while increasing its positions in Ethereum ETFs.
The company significantly reduced its Bitcoin ETF holdings, including IBIT and FBTC, in the first quarter of 2026, while increasing its Ethereum ETF positions by $82 million.
BlackRock’s holdings in IBIT decreased by approximately 71% from the previous quarter to 5.9 million shares, representing a drop of approximately $225 million. Fidelity’s stake in the FBTC ETF also fell by approximately 60% to two million shares, worth about $115 million.
Jane Street also reduced its holdings in MicroStrategy (MSTR) shares by approximately 78%, decreasing its exposure to major mining stocks such as IREN.
In response, the company focused on Ethereum. BlackRock increased its positions in ETHA and Fidelity’s FETH ETFs by a total of $82 million.
It also indicated a selective portfolio allocation by expanding its holdings in other cryptocurrency-related stocks, including Riot Platforms (RIOT), Coinbase (COIN), and Galaxy Digital (GLXY).
🔵 Cardano (ADA) Founder Charles Hoskinson Speaks Out About the Clarity Act, the Bullish Cryptocurrency Law Ripple CEO So Wants! “Ridiculous”
The Clarity Act, one of the most important legislative bills regarding cryptocurrency regulation in the US, is rapidly progressing.
At this point, Clarity, also known as the Transparency Act, is scheduled to be discussed and voted on by the Senate Banking Committee on May 14.
In the latest development, the US Senate Banking Committee has released a new, revised 309-page draft of the CLARITY Act, which has been under preparation since January.
While developments regarding the CLARITY project are being closely followed, Cardano (ADA) founder Charles Hoskinson also commented on CLARITY.
At this point, Hoskinson described the latest draft as a significant improvement over previous versions of the law. Hoskinson had criticized earlier drafts due to concerns about protections for decentralized finance activities. However, the newly revised draft addressed several areas that crypto companies had previously objected to.
Hoskinson dismissed calls to remove this clause as “absurd,” arguing that it would unfairly hold developers responsible for crimes committed by unknown individuals who used their software without authorization.
Hoskinson added that such a move would pose a serious threat to the open-source innovation environment.
Coinbase reviewed the final details of the draft text as discussions continued between crypto companies and banking groups. The exchange participated in discussions regarding the stablecoin yield provisions in the revised legislation.
Banking groups, however, continue to voice objections despite recent revisions to the stablecoin sections. Rob Nichols, CEO of the American Bankers Association, urged bank executives to communicate remaining concerns with senators, warning that the bill could increase the risk of deposit flight for traditional banks.
🔘 Aptos Targets Frontrunning With Native Encrypted Mempool Launch
One of DeFi’s oldest and most damaging problems just met its most serious technical solution yet. Aptos has announced a native Encrypted Mempool, pending governance approval. That would make it the first Layer 1 blockchain to offer full transaction intent confidentiality at the protocol layer.
💬 Aptos to Launch Native Encrypted Mempool to Prevent Frontrunning and Censorship
Aptos said it will launch a native Encrypted Mempool to protect user transaction intent at the protocol layer, reducing risks such as frontrunning, censorship, and order-flow leakage. — Wu Blockchain (@WuBlockchain) May 12, 2026
No third-party tools. No workarounds. One click. Full protection from frontrunning, censorship, and order-flow leakage built directly into the network itself. DeFi news does not get more structurally important than this.
🔸 The Problem This Solves
To understand why this matters, you need to understand what a mempool actually is. Every transaction submitted to a blockchain sits in a public waiting room, the mempool, before being included in a block. Anyone can see those pending transactions. Sophisticated actors — bots, validators, MEV searchers — exploit that visibility constantly.
🔸 How Aptos’s Solution Works
Aptos’s encrypted mempool uses batched threshold decryption via validator keys. Systems encrypt transaction details before they enter the mempool. The protocol hides these details throughout block ordering. Consequently, no actor can see or act on transaction intent before the block is finalized. Decryption happens only after ordering is complete, immediately before execution. The confirmed transaction then records on-chain as normal.
Aptos Labs emphasized a critical design constraint. The system operates with minimal impact on network latency. It introduces no additional trust assumptions beyond those already present in the Aptos network itself.