Crypto news

Key Takeaways (or, as I like to call them, the bits you’ll pretend to understand at your next dinner party):

Cerebras has been trying to compete with Nvidia by creating extremely powerful AI chips for developing sophisticated artificial intelligence. However, the company has encountered difficulties in becoming profitable, including recently pausing plans for an initial public offering (IPO).

Key Highlights

Hyperbridge, an open and accessible system, has released a thorough report detailing the security issue that happened on April 13, 2026. A hacker took advantage of a weakness in how the system checked data—specifically within the Merkle Mountain Range (MMR) verifier—to steal funds from the Token Gateway contract.

As a crypto investor, I was watching the Senate Banking Committee vote on the Clarity Act on May 14th, and it passed 15-9. What was interesting wasn’t just *that* it passed, but *how*. Two Democrats, Senators Gallego and Alsobrooks, actually voted with the Republicans. While the bill would have passed anyway due to the Republican majority, their support signals a potentially broader, bipartisan interest in providing clearer rules for the crypto space. It feels like a more significant step forward than if it had been a purely partisan vote.

The Department of Commerce has given the green light for Alibaba, Tencent, ByteDance, and JD.com to buy NVIDIA’s most powerful AI chips. Lenovo and Foxconn are approved to sell those chips as distributors. This decision removes previous restrictions that had blocked access to approximately $8 billion in potential sales each year.

The price rebounded right at the 21-week exponential moving average, a key support level analysts had been watching. Whether the recent upward trend would continue depended on the price staying above this level.

As I’ve been tracking the market, metal prices are currently around $86.94 and seem to be moving within a clear upward channel. However, looking at the 4-hour charts, indicators like RSI and MACD suggest that the recent upward momentum might be losing steam.

Key Takeaways:

Looking at the 4-hour chart for Bitcoin ($BTC), traders and short-term investors should be careful. The triangle pattern, which suggested the price would continue to rise, has broken down, and that’s a negative sign for those betting on a price increase.