Crypto Industry News & Market Trends

Pacsun CEO Shares A Retail Reinvention Story Rooted In Community, Culture, And Collaboration

FORBES BOOKS　　NEW YORK (May 12, 2026)— by Brieane Olson is now available on Amazon and at major booksellers. The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes.　　In , Pacsun CEO Brieane Olson shares the inside story of how a legacy retail brand reemerged as a cultural force by rethinking the relationship between the brand and its consumers. Eschewing traditional top-down strategies, Olson outlines how Pacsun advanced a co-creation model, inviting its community to actively shape the brands identity, products, and storytelling.　　With an incisive perspective, Olson details how the company aligned its merchandising, marketing, and partnerships with the values and behaviors of Gen Z. From creator-led campaigns and viral social commerce moments to purpose-driven initiatives, Olsons work illustrates how cultural relevance can be built intentionally and scaled across an organization.　　“The answer to how Pacsun became a cultural force lies in our commitment to our purpose,” Olson said. “Pacsun seeks to inspire the next generation of youth, building community at the intersection of fashion, music, art, and sport. Our transformation is the realization of a vision to inspire, innovate, co-create, and take action alongside the communities we serve.”　　is a clear framework for leaders navigating disruption: prioritize

05-12Industry

XRP Inflows at 5-Month High: Why Institutional Giants Are Flocking Back to Ripple

When fresh money flows into these products, the issuers are required to buy real tokens from the market to back the purchased shares. This process automatically generates consistent buying pressure, and when demand rises faster than the available supply, it can naturally push the price upward.　　Since their launch, the spot XRP ETFs have accumulated a cumulative total net inflow of roughly $1.35 billion. In comparison, ETFs with Solana (SOL) as the underlying token have attracted approximately $1.08 billion, while those centered on Dogecoin (DOGE) have pulled in a mere $10.65 million.　　Meanwhile, Standard Chartered recently projected that inflows into XRP ETFs could explode to the $4-$8 billion range by the end of the year, should regulatory clarity in the United States continue to improve. Growing political momentum behind initiatives like the CLARITY Act could make it easier for big investors to allocate capital, further strengthening the ETF narrative.　　You may also like:When Real Pump？　　XRP is well in green territory in both the weekly and monthly timeframes, yet analysts believe a more aggressive surge may come only when it crosses key levels.　　The renowned crypto commentator Ali Martinez suggested that it must close above the top of a certain channel at $1.49 to trigger

05-12Industry

WWE Clash In Italy Card Update After Raw On May 11

WWE will round out a busy May with its first-ever premium live event in Italy. WWE Clash in Italy is set for May 31 and we know what the main event will be. On last week‘s episode of SmackDown, we learned Cody Rhodes would defend his WWE championship against Gunther. I wouldn’t be surprised to see Jade Cargill receive a rematch and a chance to regain her WWE womens championship against Rhea Ripley.　　That‘s just two matches on what figures to be a card with five or six bouts on deck. Here’s everything you need to know about the event.　　Key Facts at a GlanceEvent: WWE Clash in ItalyDate: Sunday, May 31, 2026Venue: Inalpi Arena, Turin, Piedmont Region, ItalyStart Time: 7:30 p.m. local (1:30 p.m. ET)Historic Note: WWEs first-ever PLE held in ItalyU.S. Stream: PeacockInternational Stream: Local broadcast partners + WWE NetworkLocked Main Event: Cody Rhodes (c) vs. Gunther — Undisputed WWE ChampionshipTelegraphed Top Match: Rhea Ripley (c) vs. Jade Cargill — WWE Womens Championship　　What Is The Confirmed Main Event For WWE Clash In Italy？　　Rhodes vs. Gunther for the Undisputed WWE Championship is officially locked in. The match was made on the May 8 SmackDown when Paul Heyman delivered the contract to

05-12Industry

Dogecoin made early buyers rich, DOGEBALL has that same feel as the next 100x crypto to buy before prices rise again

DOGEBALL gains attention as investors search for the next 100x crypto opportunity in 2026 market cycle.DOGEBALL presale shows early traction with burns, staged pricing, and utility-driven gaming and payments ecosystem.With staged price increases and token burns, the presale aims to reward early buyers before launch pricing.Buying DOGEBALL involves wallet connection, selecting stage price, and locking allocation before the next price jump.　　Dogecoin‘s rise is still one of crypto’s most painful missed opportunities. A token that many laughed at went from a tiny entry price to life-changing gains, turning early conviction into serious wealth while late buyers were left watching from the sidelines.　　That memory still drives one big question today: what could be the next 100x crypto to buy before the wider market catches on？ This is where DOGEBALL is starting to stand out, because it offers the same early-entry excitement that once surrounded DOGE, but this time with visible utility in payments, gaming, and transaction demand built into the ecosystem.　　The next 100x crypto to buy right now could be DOGEBALL at $0.0005, but this second-chance presale window may close fast as timed stages push the price higher again.　　Dogecoin turned doubt into millions and left late buyers with regret　　Dogecoin launched at around

05-12Industry

MoonPay Buys Dawn Labs, Launches AI Tool for Prediction Markets

MoonPay has acquired Dawn Labs and launched an AI-driven tool, called Dawn CLI, aimed at simplifying trading strategies on prediction markets like Polymarket and Kalshi. The acquisition price was not disclosed, but the move signals MoonPays deeper push into the fast-growing prediction market sector.　　According to MoonPays announcement on Monday, Dawn CLI is designed to make trading “as simple as plain English.” The tool reportedly integrates signals from social media, automated strategies, and cross-platform positioning to reduce the technical complexity traders face. Dawn Labs founder Neeraj Prasad described the AI tool as a means to “democratize trading by general intelligence.”　　Prediction markets have been gaining traction, attracting a new wave of active traders. However, MoonPay noted that the existing infrastructure for these platforms remains fragmented and technically demanding, creating barriers for broader adoption. By introducing Dawn CLI, MoonPay aims to streamline this process and capitalize on the sectors growth potential.　　This expansion doesn‘t come without challenges. Platforms like Polymarket and Kalshi are currently facing legal scrutiny, with state-level lawsuits accusing them of illegally facilitating activities like sports betting. Adding to the regulatory complexity, MoonPay’s chief legal officer, Caroline Pham, previously served as a commissioner at the U.S. Commodity Futures Trading Commission (CFTC), which

05-12Industry

Pi Network Price Prediction: Smart Contracts Launch May 15 as 18.1M Pioneers Complete KYC

The daily chart is straightforward. PI has been grinding along a rising trendline support since bottoming near $0.134 in February, but every EMA above is still bearish and stacked overhead. The 20 EMA at $0.1761 and 50 EMA at $0.1774 are both just above current price, acting as the first ceiling. The 100 EMA at $0.1838 is next, followed by the 200 EMA at $0.2358, the macro resistance level that capped the April rally near $0.30.　　The Parabolic SAR at $0.1941 sits above price and remains bearish, meaning the daily trend has not technically flipped yet. Price needs a clean close above $0.1774 to begin reclaiming the EMA stack, and above $0.1941 to flip the SAR bullish.　　The March spike to $0.30 showed PI can move fast when a catalyst lands. The question is whether the May 15 upgrade delivers the same reaction.　　Key levels:Resistance: $0.1761 (20 EMA), $0.1838 (100 EMA), $0.1941 (SAR), $0.2358 (200 EMA)Support: Rising trendline near $0.1670, $0.134 February lowBreakout trigger: Daily close above $0.1941　　Three Catalysts Before Thursday: CPI, Fed Chair, Smart Contracts　　US CPI drops today, May 12. When the March print came out on April 10, PI dropped 3.78% in the three days that followed. If todays number comes

05-12Industry

U.S. spot XRP ETFs post strongest inflow day in four months

U.S. spot XRP exchange-traded funds have pulled in their largest daily inflow in roughly four months.U.S. spot XRP ETFs recorded $25.8 million in daily inflows, the highest level since January.Franklin Templeton, Bitwise, and Grayscale all posted positive XRP ETF flows, according to SoSoValue data.　　According to SoSoValue data, spot XRP ETFs listed in the U.S. recorded combined net inflows of $25.8 million on May 11, the strongest single day of inflows since Jan. 5.　　Franklin Templeton‘s XRPZ accounted for the largest share with $13.6 million in new capital, while the Bitwise XRP ETF added $7.6 million and Grayscale’s GXRP attracted $4.6 million.　　Institutional demand has been building across several crypto ETF products in recent weeks as money continues moving into regulated digital asset vehicles.　　Bitcoin ETFs have now recorded seven consecutive weeks of positive flows, bringing in more than $3.4 billion during that period, while Solana ETFs saw $26.6 million in daily inflows, their highest level since February.　　Ether ETFs moved in the opposite direction, posting roughly $16.9 million in net outflows on the same day, according to SoSoValue data.　　At the same time, Ripple has continued expanding its institutional finance business through brokerage, custody, and tokenized asset initiatives tied to the XRP Ledger ecosystem.　　Last week,

05-12Industry

Senate Banking Panel Releases CLARITY Act Draft Ahead of Thursday Markup

Senate Banking Republicans released the draft text of the crypto market structure bill Wednesday ahead of a key committee vote on Thursday.Two provisions, a January 1, 2026 ETF cutoff and a 60-day auto-certification window, would sharply limit the SECs jurisdiction over digital assets.The current draft draws a clearer regulatory perimeter for digital assets than any prior legislation, Decrypt was told.　　The Senate Banking Committee released draft text for the CLARITY Act just past midnight Wednesday that could permanently exempt and from federal securities law, ahead of a markup thats been scheduled for Thursday this week.　　Committee Chairman Tim Scott, Subcommittee on Digital Assets Chair Cynthia Lummis, and Senator Thom Tillis jointly released the text after months of bipartisan negotiations that included a last-minute yield compromise and a deal on developer protections.　　The bill “reflects serious, good-faith work across the Committee,” Scott said in a joint statement, adding it “delivers the certainty, safeguards, and accountability Americans deserve.”　　Lummis said the text represented “nearly a year of bipartisan, blood, sweat, and tears.” “Wyoming led the way, and Washington is catching up,” she added.　　The bill stalled in January after Coinbase pulled its support over stablecoin yield restrictions, delaying a committee vote that had already been scheduled. Tillis

05-12Industry

Ethereum Eyes 200M Gas Limit as Aave Pushes $71M Vote and Bitmine Targets 5% Supply

The Ethereum Foundation has cleared several technical milestones for the upcoming Glamsterdam upgrade, including a credible post-upgrade target of a 200 million gas limit floor — more than triple the current ceiling near 60 million. Developers also finalized EIP-8037, which raises the cost of state-creation operations to keep state growth manageable as larger blocks roll out. Enshrined Proposer-Builder Separation (ePBS) was stabilized, embedding builder-validator separation into protocol rules with less reliance on external relays. Originally pencilled in for June, Glamsterdam now looks set for the third quarter of 2026, with devnets already live on the public Ethereum blockchain.　　The Foundation simultaneously confirmed a leadership reshuffle inside its Protocol cluster, naming Will Corcoran, Kev Wedderburn, and Fredrik as the new triumvirate guiding core development. Long-serving researchers Barnabé Monnot and Tim Beiko are stepping away, while Alex Stokes will take a sabbatical, marking one of the most significant personnel changes inside the organization in years. The reshuffle arrives alongside continued scoping of Hegotà, the upgrade slated to follow Glamsterdam, and ongoing work on the Strawmap quantum-resistant roadmap. Analysts view the transition as a deliberate generational handover designed to keep Ethereums research pipeline funded and on schedule through the next two major hard forks.　　A

05-12Ethereum

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

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