Bitcoin Holds $61K as CPI Shakes Markets—XRP Whales Make Suspicious Moves

Crypto markets brace for impact as May’s CPI report drops hotter than expected—Bitcoin wobbles but maintains key support at $61,000. Ethereum tests $2,900 as traders debate whether this is accumulation or distribution.

Meanwhile, XRP ledger shows bizarre whale activity: 27M tokens shuffled between unknown wallets just as Ripple’s legal team files new motion against SEC. Coincidence? The ’decentralized’ crowd stays suspiciously quiet.

Bonus cynicism: Traders now use CPI prints as drinking game triggers—because nothing says ’sound money’ like betting your stack on government inflation metrics.

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.