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Crypto News Today 13th May : Bitcoin and Ethereum Price Today, XRP News, CPI Report

Published by
Qadir AK

May 13, 2025 09:36:09 UTC

XRP Futures Open Interest Skyrockets Over $1B as Price Rallies 16%

XRP is heating up! Futures Open Interest has soared by $1 billion in just a week, jumping from $2.42B to $3.42B—a 41.6% spike. This surge in leverage aligns with XRP’s price rally from $2.14 to $2.48, signaling rising speculative bets and strong directional conviction. Traders appear increasingly bullish, with the market gearing up for potentially explosive moves ahead.

May 13, 2025 07:38:14 UTC

Backpack Exchange Launches High-Yield SOL and USD Lending Services

Backpack Exchange has unveiled its upgraded lending services for SOL and USD. Users can now earn up to 10% APY on flexible SOL deposits, combining native staking and lending rewards. Additionally, USD lending offers a competitive 5.25% APY, which includes a 3.8% boost from U.S. Treasury yields. This move positions Backpack as a key player in delivering secure, high-yield opportunities to crypto users seeking passive income.

May 13, 2025 05:44:14 UTC

Will Bitcoin Price Crash Again?

As Bitcoin Treasury Companies emerge globally, acting as perpetual HODL liquidity vacuums in regulated markets, the possibility of another Bitcoin crash feels increasingly unlikely. With Bitcoiners at the helm, this might be the beginning of the ultimate bull market. The Omega Bull could be here to stay.

May 13, 2025 05:44:14 UTC

Bitcoin Tracks Global M2 Money Supply with a 70-Day Lag – $104k and Rising!

Bitcoin continues to mirror the global M2 money supply with a surprising 70-day lag. First charted last July, this relationship has held unexpectedly strong, even though M2 isn’t the most accurate money supply indicator. Bitcoin is now soaring past $104k.

May 13, 2025 05:44:14 UTC

YZi Labs Launches $500K Program for Web3, AI & Healthcare Startups

YZi Labs (formerly Binance Labs) is accepting applications for EASY Residence, a 10-week in-person program for top Web3, AI, and healthcare founders. Selected startups receive $500K—$150K for 5% equity and $350K via an uncapped SAFE. YZi covers housing, food, and daily support so founders can focus on building. Apply by May 21, 2025, 23:59 GMT-7.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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