News
12 May 2026, 20:25
Google and SpaceX are in talks to launch orbital data centers as part of Google's Project Suncatcher

Google and SpaceX are in talks for launching its Project Suncatcher, a plan to put data centers in space. The Wall Street Journal first reported the news on Tuesday morning. Later, Reuters also cited Google confirming the talks with SpaceX and other companies. The tech giant wants to build a network of solar-powered satellites carrying its Tensor Processing Units to create what it calls an orbital AI cloud. The talks come as SpaceX prepares for a highly anticipated stock market debut that company insiders say will need serious money to fund the orbital data center project. Musk helped start OpenAI back in 2015 because he worried about Google’s AI work. He had fallen out with Google co-founder Larry Page over questions about AI safety. Now, both SpaceX and Google are racing to be first with data centers in space. Building these orbital facilities is a big reason SpaceX wants to go public. The work will cost a lot and push current technology to its limits. Just last week, AI company Anthropic said it would use all the computing power at SpaceX’s Colossus 1 center in Memphis. Anthropic also said it wants to work with SpaceX on building several gigawatts worth of data centers in space. Musk wrote in February that “Anthropic hates Western Civilization.” But by Wednesday, he changed his mind. He posted on X that he spent a lot of time with Anthropic’s top people over the past week and said he was impressed with what he learned. Industry rush to Space As reported by Cryptopolitan previously, SpaceX filed papers with the Federal Communications Commission asking permission to launch up to one million data centers into orbit around Earth. The company says this would let AI grow without causing environmental problems on the ground. SpaceX is not alone in this push. Amazon founder Jeff Bezos said last year that tech companies will move their big computing operations to space. Google plans to send up 80 data-processing satellites as soon as next year. A Washington State startup called Starcloud already launched a satellite last November with a high-end Nvidia H100 chip on board. It was the first time an advanced AI chip was tested in orbit. Starcloud thinks it can have data centers in space as big as the ones on Earth by 2030. Space data centers dream meets technical reality Supporters say space-based data centers make sense. The AI boom is putting heavy pressure on power grids and water supplies. Computer cooling uses huge amounts of water. People living near big data centers worry about rising costs for electricity and water. In space, those problems go away, supporters argue. Satellites in certain orbits get constant sunlight, giving them non-stop solar power. The cold vacuum of space would soak up excess heat. And with launch costs dropping, especially with big rockets like SpaceX’s Starship, the economics might work out. But critics point to serious obstacles that may not be solved anytime soon, as mentioned in an MIT review. Heat management poses a major challenge as orbital data centers would reach 80 degrees Celsius, according to Lilly Eichinger from Satellives, though Yves Durand from Thales Alenia Space said his 2024 study found gigawatt-scale facilities possible before 2050. Ken Mai from Carnegie Mellon said radiation damages chips, while Greg Vialle from Lunexus Space noted low Earth orbit can safely hold only 240,000 satellites, making SpaceX’s one million plan difficult without a unified network. On the ground, Google is talking with Marvell Technology about making two new AI chips, The Information reported Sunday. One chip would handle memory processing alongside Google’s tensor processing units. The other would be a new tensor processing unit built just for running AI models. The companies hope to finish designing the memory chip next year before sending it for test production. The smartest crypto minds already read our newsletter. Want in? Join them .
12 May 2026, 20:25
Ethereum Underperforms BTC in Major Decoupling

ETH/BTC ratio plunged below 0.02843 after hitting a 10-month low, which means that Ethereum is underperforming Bitcoin. In the last few weeks, institutional investors have heavily invested money into Bitcoin ETFs, while ETH spot ETFs are still facing major outflows. This has created major divergence in the allocation of capital between the two major cryptocurrencies. Some experts are suggesting that this is a major structural change in the crypto market instead of a short-term change. Despite the upward momentum in the Bitcoin (BTC) price as it soared above $80,000, Ethereum is still facing a strong consolidation zone as it is trading between a tight range at around $2,280 to $2,330. According to the official data on TradingView, the ratio between Ethereum ETH -2.33% and Bitcoin has dropped below 0.02843, which shows that the ratio is hitting a multi-month low. According to the tracker, the figure is around a 10-month low for the ETH/BTC ratio. The drop in the ratio shows that Ethereum is underperforming in comparison to Bitcoin. In recent months, the crypto market has experienced a roller coaster ride, where it dipped in the initial months of this year. However, in comparison to BTC, Ether experienced a major dip and is facing difficulty in the rebound. ETH has bled more against BTC in the last few months. The ratio has dropped impressively in the last few months, falling approximately 9.5% in the previous month. In the last 6 months, the ratio plunged by 15%. BitMart Shares Detailed Analysis on ETH/BTC Ratio In the latest post on X, BitMart, a cryptocurrency exchange, shared its detailed analysis of the current ETH/BTC ratio. The exchange stated that the ETH to BTC ratio has dropped below a 10-month low, which mainly comes from divergent capital flows. BitMart has called this situation a structural shift instead of just a temporary change. The exchange mentioned that a huge divergence in institutional capital is changing how the two biggest cryptocurrencies are performing relative to each other. Amid this change, traders are also changing their trading strategies according to the current situation in the crypto market, as many think that Bitcoin will continue to decouple. BitMart analyst stated in the post, “ This divergence between the two largest cryptocurrencies highlights the importance of strategic portfolio management. The days of simply buying both and expecting correlated returns are over. Investors must now carefully analyze flow dynamics, on-chain metrics, and shifting narratives to identify true relative strength.” Most institutional investors are diverting their money into Bitcoin-based investment products such as spot BTC exchange-traded funds (ETFs), leaving other altcoins in the dry state. In the last few weeks, spot BTC ETFs have had steady inflows thanks to easing geopolitical tension after the ceasefire between the U.S. and Iran. On the other hand, Ethereum is struggling to attract capital on the same scale as BTC. (Source: Coinglass ) In the last few weeks, BTC exchange-traded funds have witnessed a growth in institutional adoption with major inflows. This growing adoption among institutional investors is proving BTC’s position as “digital gold” and a store of value. “ For example, in early May 2026, BlackRock’s iShares Bitcoin Trust (IBIT) alone attracted hundreds of millions in inflows over just a few days. This represents a concentrated, high-velocity injection of capital directly into Bitcoin, establishing a powerful directional bias that Ethereum currently lacks,” stated in the post. While ETH exchange-traded funds are also available in the market from the same issuers, these ETH ETFs have witnessed major outflows in the same time period. This shows that institutional investors are not putting their investment in the ETH spot ETF, as outflows reached around $555 million in one session. According to technical experts, these outflows are directly linked to regulatory uncertainty around the ETH tokens. BTC is benefiting from improving macroeconomic conditions and the constant accumulation of tokens by treasuries. This advantage has helped BTC to accumulate more corporate and institutional money in comparison to ETH. Bitcoin and Ethereum Supply Dynamics and Staking vs. Sell Pressure Ethereum is holding a large percentage of its total supply locked in staking. According to the official data, there are around 40 million ETH tokens locked in staking. These staked tokens are cutting down the amount of liquid supply available for trading. This could create scarcity in the long run. However, this staking mechanism is not enough to offset other pressures facing the asset. On the other hand, BTC is facing exchange inflows and selling pressure from long-term holders during different market cycles. Despite this, BTC is still holding its narrative as a scarce asset during the risk-off in the overall crypto market. However, if the Ethereum ecosystem grows in the upcoming time, then it might again regain its dominance like in the past. For example, in the 2021-2022 DeFi summer, ETH managed to outperform BTC during the same trading session. In 2021-2022, the Ethereum blockchain witnessed a sharp demand after the network experienced growth in the on-chain activities, thanks to DeFi protocols and non-fungible tokens (NFTs). During the peak time, the total value locked in DeFi soared above $100 billion while its gas fees were low. Also Read: Circle’s New Arc Network Strategy Could Change Its Valuation
12 May 2026, 20:15
Swiss Franc Weakens as SNB Resists Currency Strength; US CPI Data in Focus

BitcoinWorld Swiss Franc Weakens as SNB Resists Currency Strength; US CPI Data in Focus The Swiss franc has edged lower against major currencies this week, driven by signals from the Swiss National Bank (SNB) that it remains prepared to intervene in foreign exchange markets to curb excessive currency strength. Traders are now turning their attention to the upcoming US Consumer Price Index (CPI) release, which could provide fresh impetus for the dollar and broader forex markets. SNB Maintains Intervention Stance In recent statements, SNB officials have reiterated their willingness to act against any appreciation of the franc that could threaten price stability and export competitiveness. The central bank has historically viewed a strong franc as a headwind for Swiss exporters, and its readiness to sell francs or cut rates has weighed on the currency. The franc’s decline reflects market expectations that the SNB will not hesitate to push back against further gains, especially as inflation remains subdued in Switzerland. Market Focus Shifts to US CPI The broader forex market is bracing for the release of US CPI data, scheduled for later this week. Analysts expect the report to show a modest cooling in inflation, which could influence the Federal Reserve’s rate path. A softer-than-expected reading might reduce the likelihood of further Fed tightening, potentially weakening the dollar and offering some support to the franc. Conversely, a hot CPI print could reinforce hawkish expectations, boosting the dollar and adding to the franc’s downside. Implications for Traders and Investors For forex traders, the combination of SNB intervention risk and US CPI uncertainty creates a volatile backdrop. The franc’s recent weakness may offer opportunities for those betting on further declines, but caution is warranted given the potential for sharp reversals if the SNB unexpectedly shifts its rhetoric or if US inflation data surprises. Investors with exposure to Swiss assets should monitor these developments closely, as currency movements can impact returns on Swiss equities and bonds. Conclusion The Swiss franc’s depreciation highlights the ongoing tension between market forces and central bank policy. With the SNB signaling its determination to prevent excessive strength, and US CPI data poised to shape global risk appetite, the near-term outlook for the franc remains tied to both domestic intervention risks and external macroeconomic signals. Traders should prepare for increased volatility as the market digests the upcoming data. FAQs Q1: Why is the Swiss franc weakening? The franc is under pressure because the Swiss National Bank has signaled it may intervene to prevent the currency from strengthening too much, which could hurt Swiss exports and inflation targets. Q2: How does US CPI affect the Swiss franc? US CPI data influences expectations for Federal Reserve interest rate policy. A higher CPI may strengthen the dollar against the franc, while a lower CPI could weaken the dollar and support the franc. Q3: What should forex traders watch for next? Traders should monitor SNB official comments for any change in intervention stance, and the US CPI release for its impact on dollar-franc direction. Technical levels around 0.88-0.90 USD/CHF are also key. This post Swiss Franc Weakens as SNB Resists Currency Strength; US CPI Data in Focus first appeared on BitcoinWorld .
12 May 2026, 20:10
Gold Pulls Back From Gains as Market Awaits US CPI Data Release

BitcoinWorld Gold Pulls Back From Gains as Market Awaits US CPI Data Release Gold prices edged lower on Tuesday, reversing earlier gains as traders turned their attention to the upcoming release of the US Consumer Price Index (CPI) data. The precious metal had briefly climbed during early trading sessions, but the momentum faded as market participants adjusted positions ahead of the key inflation report. Market Focus Shifts to Inflation Data The US CPI report, scheduled for release later this week, is expected to provide fresh clues on the trajectory of inflation and the Federal Reserve’s next policy moves. A higher-than-expected reading could reinforce expectations of prolonged tight monetary policy, which tends to weigh on non-yielding assets like gold. Conversely, a softer print might revive hopes for rate cuts, potentially supporting bullion prices. According to economists surveyed by major financial news outlets, the consensus forecast points to a modest increase in headline inflation, though core measures are expected to remain sticky. This uncertainty has kept gold traders cautious, with many choosing to reduce exposure ahead of the data. Gold’s Recent Performance and Key Levels Gold has traded in a relatively narrow range over the past few sessions, oscillating between support near $2,300 per ounce and resistance around $2,350. The metal had benefited from a weaker US dollar and geopolitical tensions earlier in the month, but those tailwinds have faded as the dollar stabilized and risk appetite returned to equity markets. Technical analysts note that gold’s failure to hold above the $2,340 level suggests a lack of strong buying conviction. A break below the $2,300 support could open the door for a test of the $2,270 area, while a sustained move above $2,350 would signal renewed bullish momentum. What the CPI Report Means for Gold Investors The CPI data is more than just a number for gold traders; it directly influences real interest rates and the opportunity cost of holding gold. When inflation remains elevated and the Fed maintains high rates, gold’s appeal as a hedge diminishes because investors can earn attractive yields elsewhere. However, if inflation shows clear signs of cooling, the case for gold as a store of value strengthens. Additionally, the report will shape market expectations for the Fed’s next meeting. Current pricing in the futures market suggests a high probability of rates remaining unchanged, but any surprises in the CPI could shift those odds dramatically. Conclusion Gold’s reversal from early gains highlights the market’s sensitivity to incoming economic data, particularly inflation figures. With the US CPI release just days away, volatility in precious metals is likely to remain elevated. Traders and investors should watch the report closely, as it could set the tone for gold’s direction in the weeks ahead. For now, caution prevails, and the metal remains at the mercy of macroeconomic signals. FAQs Q1: Why does gold react to US CPI data? Gold is sensitive to inflation data because it affects real interest rates and the Federal Reserve’s monetary policy. Higher inflation often leads to higher interest rates, which makes gold less attractive compared to yield-bearing assets. Q2: What is the key support level for gold right now? Gold’s immediate support is around $2,300 per ounce. A break below this level could lead to further downside toward $2,270, while resistance is seen near $2,350. Q3: How can investors prepare for the CPI release? Investors should monitor the consensus forecast and be prepared for increased volatility. Setting stop-loss orders and reducing leverage can help manage risk during the announcement period. This post Gold Pulls Back From Gains as Market Awaits US CPI Data Release first appeared on BitcoinWorld .
12 May 2026, 20:02
Expert to XRP Investors: Numbers Gets Very Large Very Quickly Once This Happens

The debate over XRP’s price potential has persisted for years, with critics consistently pointing to market cap as the ceiling that limits how high the asset can realistically rise. Versan Aljarrah, founder of Black Swan Capitalist, has a different opinion. He has challenged the conclusion, but taken it a step further by challenging the valuation method itself. A Different Valuation Model Aljarrah posted a direct claim about how XRP should be valued. He believes that XRP’s price discovery will eventually be based on the percentage of global value it settles, not just its market cap. That is a significant distinction. Market cap measures current circulating supply multiplied by price, a static snapshot of speculative sentiment. Aljarrah argues that metric is the wrong tool for XRP entirely, calling it “arbitrary.” His proposed model ties value to real-world utility , specifically the share of global settlement activity that XRP processes. Price discovery for $XRP will eventually be based on percentage of global settled value it captures, not arbitrary market cap. When that model flips, the numbers get very large very quickly. — Versan Aljarrah – Black Swan Capitalist (@VersanAljarrah) May 11, 2026 Why Settled Value Changes the Calculation Global settlement encompasses cross-border payments, institutional transfers, and financial infrastructure transactions. The total value moving through these systems annually runs into the hundreds of trillions of dollars . If XRP captures even a fraction of that activity, the valuation math shifts substantially. This is the core of Aljarrah’s argument. He is not predicting a price target. He is describing a structural shift in how the market will assess XRP’s worth. Traditional market cap analysis does not account for transactional utility at scale. A settlement-based model does. When the Model Shifts According to Aljarrah, this model will eventually take hold, though he does not assign a date. What he does say is that once the shift occurs, it will accelerate fast. The current valuation approach treats XRP like a speculative asset. A settlement-capture model treats it as financial infrastructure. Those two categories attract different investors, different capital, and different price expectations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Argument Against Market Cap Criticism Critics frequently use market cap as a ceiling argument , calculating what XRP’s price would need to be to reach certain levels, then comparing that figure to global GDP or total asset markets. Aljarrah’s argument addresses this directly. He contends the comparison point itself is wrong. Settled value, not total market size, is the relevant denominator. This reorients the entire conversation. The question stops being, “Can the market cap support this price?” The question becomes “what percentage of global settlement does XRP capture?” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert to XRP Investors: Numbers Gets Very Large Very Quickly Once This Happens appeared first on Times Tabloid .
12 May 2026, 20:00
Cronos hits $3.53B market cap as selling surges – Is CRO overvalued?

CRO’s rally faces spot market selling despite bullish derivatives positioning.















































