The facet of TradFi most ripe for disruption is equities

Opinion by: Mike Cahill, co-founder and CEO of Douro Labs

Despite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building. 

Take the US, for example — here, the top 10% of earners own more than 90% of all stocks. On a global scale, it gets even worse: Billions of individuals don’t have the financial literacy, digital tools or minimum funds required to even access the most basic investment opportunities. 

Traditional institutions must do more than just invest in crypto to ameliorate this disparity — they must start employing digital assets for new use cases altogether. 

The facet of TradFi that is most ripe for disruption is equities. Investing in shares of private companies is an opportunity historically reserved only for the wealthy and hyper-connected. It is often siloed within the most economically advanced nations. Enhancing access to equities

Read More at https://cointelegraph.com/news/trad-fi-equities-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The facet of TradFi most ripe for disruption is equities

Opinion by: Mike Cahill, co-founder and CEO of Douro Labs

Despite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building. 

Take the US, for example — here, the top 10% of earners own more than 90% of all stocks. On a global scale, it gets even worse: Billions of individuals don’t have the financial literacy, digital tools or minimum funds required to even access the most basic investment opportunities. 

Traditional institutions must do more than just invest in crypto to ameliorate this disparity — they must start employing digital assets for new use cases altogether. 

The facet of TradFi that is most ripe for disruption is equities. Investing in shares of private companies is an opportunity historically reserved only for the wealthy and hyper-connected. It is often siloed within the most economically advanced nations. Enhancing access to equities

Read More at https://cointelegraph.com/news/trad-fi-equities-defi?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound

French minister to meet crypto firms after kidnapping attempt

The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris.

According to a May 14 France24 report, Interior Minister Bruno Retailleau has invited crypto professionals to meet him after a brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium.

”I will assemble businesspeople working in cryptocurrencies, and we have a few of those in France, at the interior ministry to work with them on their security,” Retailleau reportedly told the Europe 1/CNews broadcaster.

On May 13, three masked men attacked Noizat’s daughter while she was walking in Paris’ 11th district with a man and her son. The attackers tried to force Noizat’s daughter and her son into a white van.

Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/florida-teens-kidnap-crypto-entrepreneur-at-gunpoint-steal-4-m-in-crypto"

Read More at https://cointelegraph.com/news/france-crypto-security-talks-kidnap-paymium?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

French minister to meet crypto firms after kidnapping attempt

The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris.

According to a May 14 France24 report, Interior Minister Bruno Retailleau has invited crypto professionals to meet him after a brazen attempt to kidnap the daughter and grandson of Pierre Noizat, the co-founder and CEO of French crypto exchange Paymium.

”I will assemble businesspeople working in cryptocurrencies, and we have a few of those in France, at the interior ministry to work with them on their security,” Retailleau reportedly told the Europe 1/CNews broadcaster.

On May 13, three masked men attacked Noizat’s daughter while she was walking in Paris’ 11th district with a man and her son. The attackers tried to force Noizat’s daughter and her son into a white van.

Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/florida-teens-kidnap-crypto-entrepreneur-at-gunpoint-steal-4-m-in-crypto"

Read More at https://cointelegraph.com/news/france-crypto-security-talks-kidnap-paymium?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound

Here’s what happened in crypto today

Today in crypto, banking giant UBS says its high-net-worth clients in Asia are pivoting from US dollar assets toward gold, crypto and Chinese markets, Twenty One Capital received a $458.7 million worth of Bitcoin injection from Tether, and VanEck is launching its first tokenized fund backed by US Treasurys.

Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS

High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group.

“Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth management for Asia, said during Bloomberg’s New Voices event held in Hong Kong on May 13.

She cited rising geopolitical uncertainty and persistent market volatility as primary factors behind the shift. Investors, traditionally concentrated in US-centric assets, are now seeking broader exposure across alternative asset

Read More at https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound

Ethereum retakes 10% market share, but ETH bulls shouldn't celebrate yet

Key takeaways:

Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks.

ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction.

Despite the near-term risks, some analysts view a pullback as a “buy-the-dip” setup before a possible move toward $3,500–$3,800.

Ether (ETH) has surged over 50% month-to-date in May, vastly outperforming the broader crypto market’s 15.25% gain. The rally has pushed Ethereum’s market dominance (ETH.D) toward the critical 10% threshold for the first time since March.

But the rising dominance accompanies signs of overheating, indicating that Ethereum bulls should not celebrate the rally just yet.

Ether’s RSI most overextended since May 2021

The strong recovery in Ethereum’s crypto market share has pushed its daily relative strength index (RSI) to its most overbought zone since May 2021, raising red flags for traders

Read More at https://cointelegraph.com/news/ethereum-retakes-10-market-share-eth-bulls-shouldnt-celebrate?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound

Ethereum retakes 10% market share, but ETH bulls shouldn't celebrate yet

Key takeaways:

Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks.

ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction.

Despite the near-term risks, some analysts view a pullback as a “buy-the-dip” setup before a possible move toward $3,500–$3,800.

Ether (ETH) has surged over 50% month-to-date in May, vastly outperforming the broader crypto market’s 15.25% gain. The rally has pushed Ethereum’s market dominance (ETH.D) toward the critical 10% threshold for the first time since March.

But the rising dominance accompanies signs of overheating, indicating that Ethereum bulls should not celebrate the rally just yet.

Ether’s RSI most overextended since May 2021

The strong recovery in Ethereum’s crypto market share has pushed its daily relative strength index (RSI) to its most overbought zone since May 2021, raising red flags for traders

Read More at https://cointelegraph.com/news/ethereum-retakes-10-market-share-eth-bulls-shouldnt-celebrate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Top South Korean presidential hopefuls support legalizing Bitcoin ETFs

South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions.

Still, some industry observers remain cautious about the likelihood of near-term regulatory change.

“All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder and CEO of onchain data platform CryptoQuant, wrote in a May 14 X post.

Currently, Bitcoin ETFs and institutional crypto investments are banned in South Korea, meaning that “100% [of the] volume comes from retail,” Ju added.

From left: Democratic Party of Korea presidential candidate Lee Jae-myung, People Power Party presidential candidate Kim Moon-soo and New Reform Party presidential candidate Lee Jun-seok. Source: Ki Young Ju

Related: Bitcoin more of a ‘diversifier’ than safe-haven asset: Report

On May 6, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/south-korean-presidential-front-runner-pledges-approve-crypto-etfs" rel="null"

Read More at https://cointelegraph.com/news/south-korean-presidential-candidates-support-bitcoin-etfs?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound

Top South Korean presidential hopefuls support legalizing Bitcoin ETFs

South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions.

Still, some industry observers remain cautious about the likelihood of near-term regulatory change.

“All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder and CEO of onchain data platform CryptoQuant, wrote in a May 14 X post.

Currently, Bitcoin ETFs and institutional crypto investments are banned in South Korea, meaning that “100% [of the] volume comes from retail,” Ju added.

From left: Democratic Party of Korea presidential candidate Lee Jae-myung, People Power Party presidential candidate Kim Moon-soo and New Reform Party presidential candidate Lee Jun-seok. Source: Ki Young Ju

Related: Bitcoin more of a ‘diversifier’ than safe-haven asset: Report

On May 6, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/south-korean-presidential-front-runner-pledges-approve-crypto-etfs" rel="null"

Read More at https://cointelegraph.com/news/south-korean-presidential-candidates-support-bitcoin-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Decentralized OORT AI data hits top ranks on Google Kaggle

An artificial intelligence training image data set developed by decentralized AI solution provider OORT has seen considerable success on Google’s platform Kaggle.

OORT’s Diverse Tools Kaggle data set listing was released in early April; since then, it has climbed to the first page in multiple categories. Kaggle is a Google-owned online platform for data science and machine learning competitions, learning and collaboration.

Ramkumar Subramaniam, core contributor at crypto AI project OpenLedger, told Cointelegraph that “a front-page Kaggle ranking is a strong social signal, indicating that the data set is engaging the right communities of data scientists, machine learning engineers and practitioners.“

Max Li, founder and CEO of OORT, told Cointelegraph that the firm “observed promising engagement metrics that validate the early demand and relevance” of its training data gathered through a decentralized model. He added:

“The organic interest from the community, including active usage and contributions — demonstrates how decentralized,

Read More at https://cointelegraph.com/news/oort-decentralized-ai-dataset-climbs-kaggle-rankings?utm_source=rss_feed&utm_medium=rss%3F_ts%3D1747234951&utm_campaign=rss_partner_inbound