Crypto Industry News & Market Trends

Ultima’s New AI Trading Bot Goes Where Standard Bots Stop

The post Ultimas New AI Trading Bot Goes Where Standard Bots Stop appeared first on Coinpedia Fintech News　　Conventional trading bots automate execution. Ultimas new AI-powered Turbo Bot automates the layer above — strategy, regime, and tuning.　　You‘re already automating — most traders just don’t think of it that way, treating it more as a matter of discipline and emotional control. Limit orders, stop-losses and take-profits, weekend DCA — all of it is proto-automation offloaded to an exchange. But how precise are those rules, and are they enough to give one an edge in the market？　　Somewhere between 60% and 75% of trading volume in major global markets is generated by algorithms, according to industry estimates. The rails the market actually runs on are not your bracket orders — they may be textbook-correct, but just arent in the same league as what is executing on the other side of the book.　　A conventional trading bot may look like the answer at first. You pick a strategy, plug into the exchange, and the bot trades unattended. Execution is real automation here. But the choice of strategy and fine-tuning stay with the trader. So does reading the market regime, and the call to pause, rebalance, or

05-12Industry

US to temporarily lower beef import tariffs, WSJ reports

The Trump administration is moving to temporarily lower tariffs on beef imports, a direct response to retail beef prices that have climbed past $5 per pound. The plan targets tariff-rate quotas, the mechanism that limits how much foreign beef can enter the country at lower duty rates, and would open the door to greater volumes from major exporters like Australia and Brazil.　　The US cattle herd has shrunk by roughly 5% over the past year. Combine that with adverse weather conditions and you get a supply crunch that has pushed beef prices to levels where consumers are feeling the squeeze at the grocery store.　　What the plan actually looks like　　The administration announced the tariff suspension plan on May 11, with implementation initially slated for May 13. By suspending tariff-rate quotas, more imported beef could flow into the US market at reduced prices. The expected result, according to agricultural economists, is a 10-15% increase in short-term beef supply. That additional supply could translate to a 5-7% drop in retail prices.　　But the plan hit a wall almost immediately. Domestic cattle producers pushed back hard, arguing that a flood of cheaper foreign beef could devastate their operations. By May 12, just one day after the

05-12Industry

Ethereum Foundation just unstaked $49M in ETH - Should you be worried?

New treasury activity from the Ethereum [ETH] Foundation has fueled a new conversation. It has also fueled some uncertainty, even though supply conditions still seem fairly tight.　　Ethereum Foundation unstakes nearly 70K ETH　　The Ethereum Foundation recently unstaked 21,270 ETH. Thats nearly 30% of the 70,000 ETH it had recently committed to staking.　　Source: X　　This happened soon after they completed deployment of the treasury staking strategy from earlier this year.　　The timeline is interesting. In January 2025, they said they were exploring staking options. By June, a treasury policy described deployments as “long-term.”　　The Ethereum Foundation began staking the first treasury tranche in February 2026. Further confirmation came in April, that it had fully deployed all 70,000 ETH.　　Now, barely a month later, it has already withdrawn a big portion of those holdings again.　　Ethereum supply is still tight　　Unstaking simply moves ETH back into a liquid wallet. Worth noting, however, that on-chain data alone does not confirm the Ethereum Foundations next step.　　In fact, the market reaction earlier this week was linked more closely to the Ethereum Foundations separate sale of 10,000 ETH rather than the unstaking itself. For instance – Exchange reserves have continued to fall to multi-year lows, with only around 14.5 million ETH left on

05-12Ethereum

Here’s why GameStop stock is crashing today

Early May proved a turbulent period for GameStop (NYSE: GME) as CEO Ryan Cohen unveiled an unsolicited bid to acquire eBay (NASDAQ: EBAY) for approximately $46 billion.　　Overall, the attempt proved a net negative for GME stock, which is, overall, down 0.17% in the weekly chart and suffered a dramatic regular session on May 11 when it fell another 4.57% to $23.17.　　The May 12 extended session brought further setbacks with the eBay board rejecting the offer, describing it as ‘neither credible nor attractive’: a move that sent GameStop shares crashing nearly 5% in the extended session.　　Still, the subsequent decreases in losses to 2.68% with GME equitys press time price of $22.55 might indicate investors look more favorably at disengagement than at continued attempts to purchase.　　GameStop stock price one-day chart. Source: GoogleThe GameStop-eBay acquisition saga　　Indeed, GameStop‘s bid can largely be described as odd given the very setup. The vast difference in the valuation of the two companies immediately drew attention, considering that, at the time the offer was unveiled, GME’s market capitalization stood at approximately $12 billion, and the online marketplaces was close to $50 billion.　　Furthermore, the video game retailer offered a premium price of $125 per share to eBay and hinted

05-12Industry

Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data

XAU/USDs technical picture shows a neutral-to-bearish bias on the 4-hour chart, with the pair consolidating below the $4,770 resistance area. The bigger picture, however, suggests that the yellow metal would be in an A-B-C correction after the completion of a 5-wave (Elliott Wave) bullish cycle in early April　　The 4-hour Relative Strength Index (RSI) has dropped below the key 50 level, while the Moving Average Convergence Divergence (MACD) remains below zero with a negative reading, suggesting that bears are starting to tighten their grip.　　On the downside, initial support lies between Mondays low at the $4,645 and the 38.2% Fibonacci retracement of the mentioned cycle, near $4,610. Further down, the late-April and early-May support at the $4,500 level will come into focus. A plausible target for an A-B-C correction would be the 78.6% Fibonacci retracement, at $4,320.　　On the topside, Mondays highs, at the mentioned $4,770 area, are expected to keep guarding the path towards the mid-April highs in the area of $4,880.　　Gold FAQs　　Gold has played a key role in human‘s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as

05-12Industry

Hyperliquid Gains Wall Street Momentum as Grayscale Updates HYPE ETF Proposal

Grayscale Investments filed Amendment No. 2 to its Form S-1 registration statement with the United States Securities and Exchange Commission on May 11, 2026, to formally advance its proposed Hyperliquid ETF.　　Hyperliquid enters institutional stage　　As competition for altcoin ETF products heats up, institutional interest in Hyperliquids native token, HYPE, continues to grow, according to the updated filing. The proposed product, which is currently known as the Grayscale HYPE ETF, is intended to give investors direct exposure to HYPE tokens without requiring them to hold the asset themselves, according to the filing. By keeping actual HYPE tokens inside the fund structure, the trust would operate similarly to spot Ethereum and Bitcoin ETFs.　　You Might Also Like　　Ray Dalio: Bitcoin Fails as Safe Haven　　Can Toncoin (TON) Lose All Gains？ Ethereum (ETH) $2,000 Plunge Is Possible, Shiba Inu (SHIB) Price Is in Strongest State Since March: Crypto Market Review　　The addition of staking language is one of the amendments most significant changes. Grayscale included clauses that might allow the ETF to profit from staking HYPE holdings if U.S. regulators approve the structure. The company even hinted that the product might eventually be known as the Grayscale Hyperliquid Staking ETF.　　The filing also demonstrates Hyperliquid‘s rapid transformation from a

05-12Industry

Blue Jays Sign 23-Year-Old Righty As Eric Lauer DFA Tests Pitching Depth

MLB Photos via Getty Images　　The Toronto Blue Jays are looking to upset one of the best teams in the American League in the midst of their series with the Tampa Bay Rays but, in the meantime, their injury issues just continue to pile up.　　Most recently, that meant another injured list stint for Addison Barger, who played in a single game after overcoming an ankle issue only to be sent back with an elbow problem. But Barger is just one of many key players who have been sidelined as the Blue Jays look to return to the World Series.　　Toronto Blue Jays Depth Tested With Eric Lauer DFA　　In the rotation, the team has lost Cody Ponce for the season, with Shane Bieber and Jose Berrios yet to make their debuts and Max Scherzer struggling with a forearm injury. And even as the team scrambles to assemble pitching depth behind Dylan Cease, Kevin Gausman, Trey Yesavage and newcomer Patrick Corbin, it has now felt forced to designate Eric Lauer for assignment.　　“Meanwhile, Lauer was designated for assignment after allowing six runs in five relief innings against the Angels on Sunday, pushing his season ERA to 6.69 and picking up his AL-leading fifth loss,” Mitch

05-12Industry

Bhutan moves another $8.2M in Bitcoin as state reserves keep falling

Bhutans government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics firms.Bhutan moved 100.44 BTC worth about $8.2 million to an unlabeled wallet as state-linked outflows continued into May.Arkham estimated that Bhutan-connected wallets have transferred more than $230 million in bitcoin since the start of 2026.Bhutan still holds about 3,119 BTC, although its reserve has fallen sharply from more than 13,000 BTC recorded in 2024.　　According to on-chain data published Tuesday by Arkham Intelligence, the Royal Government of Bhutan transferred the bitcoin at 5:27 a.m. UTC through three separate transactions to an unlabeled wallet beginning with “bc1qn.” Arkham, which started monitoring Bhutans holdings in 2024, said the movement appeared consistent with prior transactions linked to selling activity.　　Analysts at Arkham estimated that Bhutan-linked wallets have recorded more than $230 million in outflows since the beginning of 2026, averaging close to $50 million in BTC movements per month. The firm added that Bhutan would still hold roughly $767 million in unrealized on-chain profit if its remaining reserves were liquidated at current market prices.　　Although the destination wallet has not been identified publicly, Arkham noted that earlier Bhutan transfers had eventually

05-12Industry

How trader turned $420 into $1.3 million on Polymarket

After joining in late 2025, the trader built an impressive record by maintaining a concentrated portfolio, typically holding six to seven large positions and increasing exposure when his analysis identified mispriced probabilities.　　His strategy centers on fading heavily backed favorites in major soccer leagues, targeting overvalued top seeds in tennis, and exploiting inefficiencies in esports markets such as League of Legends, Counter-Strike, and Valorant, where his analytical background appears to provide a strong edge in closely contested matchups.　　The strategy has produced several major wins, including a single trade that reportedly generated $250,850 in profit.　　Overall, analytics estimate his total gains at roughly $1.3 million, placing him among the top traders on leaderboards.　　His current portfolio includes positions in soccer, esports handicaps, and league winner markets.　　Community interest has since surged, with some traders attempting to mirror his wallet activity through Telegram bots and automated tracking tools.　　Polymarket most profitable bets　　Meanwhile, is not the only trader to turn small sums into major profits on . For instance, a trader known as reportedly grew just $12 into about $100,000 through aggressive all-in bets on 15-minute Bitcoin (BTC) price direction markets, using analysis of order books, funding rates, liquidation flows, and short-term news catalysts.　　One also reportedly earned nearly

05-12Industry

US April CPI Report Sparks Fresh Fears of Fed Rate Hikes in 2026

Markets now price in growing odds of Fed rate hikes as April CPI data approaches.Rising oil and gasoline prices continue adding pressure to U.S. inflation expectations.Softer wage and shelter inflation may help limit further Fed tightening concerns.　　The upcoming release of the U.S. April Consumer Price Index (CPI) report has raised attention on the Federal Reserves next policy move, as financial markets continue to price in a prolonged period of high interest rates.　　Current expectations from major investment banks indicate that the Fed is unlikely to begin cutting rates before 2027, while market participants have also started assigning higher probabilities to possible rate hikes later this year. The inflation report is expected to provide further clarity on whether price pressures tied to energy costs and core inflation trends could change the central banks policy direction.　　According to CME FedWatch data, markets currently assign a 97.7% probability that the Federal Reserve will leave interest rates unchanged in June and a 94.6% probability of no change in July. The probability that rates will remain unchanged in September stands at 89.2%. However, traders are also pricing in a 5.7% chance of a 25-basis-point rate increase in September, rising to 14% in October and 23.7% by December.　　Related:

05-12Industry

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