Bitcoin slipped below $80,000 on May 12, then rebounded, as markets digested President Donald Trump’s comments that the U.S.-Iran ceasefire was "on life support" and U.S. CPI coming in at 3.8% versus a 3.7% forecast. Over the past 24 hours, BTC dropped 1.6%, cutting its market cap to $1.61 trillion, while liquidations hit $57 million in longs versus $7.5 million in shorts. Traders are also watching the May 13 PPI release for signs inflation pressure is persisting.

Crypto.com said on May 11 that its UAE entity, Foris DAX Middle East FZE, received a Central Bank of the UAE stored value facilities (SVF) license, allowing government fees to be paid using virtual assets via its Dubai Department of Finance partnership. The company said settlements will be completed in UAE dirhams or CBUAE-approved dirham-backed stablecoins, and that the authorization also supports planned payment integrations with Emirates Airlines and Dubai Duty Free.

Sydney Huang, CEO of Human API, says AI-to-AI commerce could erase traditional policy delays, making it harder for central banks to respond to inflation spikes or flash crashes. Citing an April 2026 IMF report, she argues oversight may need to be built into financial code through real-time monitoring, programmable compliance, and automated circuit breakers. Huang also says regulators may need tools like decision provenance to detect bot collusion by analyzing behavior rather than communications.

Paga said it partnered with the Sui blockchain on May 7, outlining plans to add crypto rails, USDsui-backed high-yield USD accounts, and tokenized assets such as real estate and bonds. The roadmap also includes on- and off-ramps and cross-border transfers, with Paga pointing to its $42 billion lifetime payment volume since 2009 as a distribution base.

Over the last 24 hours, bitcoin hovered near $80,000 and stayed range-bound between $80,200 and $79,200 while long liquidations hit $28.3 million. Total crypto liquidations reached $202 million, with $103 million from longs, even as equities rallied and oil briefly spiked before settling at $101 (Brent) and $95 (WTI). A Bitunix analyst flagged $78,000 as a key downside liquidity pocket, while $82,000–$83,000 holds notable short liquidity.

Japan is reworking crypto taxation and oversight, including a move away from a miscellaneous income rate of up to 55% toward a 20.315% separate tax framework, with full enforcement tied to a Financial Instruments and Exchange Act (FIEA) update on Jan. 1, 2028. The package also adds a three-year loss carryforward and changes corporate treatment from the fiscal year starting April 1, 2026. Critics argue the 2028 schedule could slow the rollout of products such as bitcoin ETFs.

Bitcoin traded back above $70,000 on April 6, touching $70,355 and keeping its market capitalization near $1.4T amid heightened Middle East tensions. Strategy disclosed it bought 4,871 BTC for about $329.9M, while Bitfinex warned derivatives positioning could amplify moves, with $145M in shorts liquidated and added downside risk if BTC slips below $68,000.

Bitcoin climbed to an intraday high of $70,275 on April 6, returning its market capitalization to above $1.4 trillion while the total crypto market rose to $2.46 trillion. The move coincided with sharp swings in WTI crude and triggered about $325 million in 24-hour liquidations, led by more than $274 million in short positions.

Human.tech has announced an AI-agent wallet infrastructure called Agentic Wallet as a Protocol (WaaP) that converts wallet actions into natural-language interactions while keeping users as the final authority. The system uses cryptographic controls such as spending limits, time windows, approved addresses and step-up human approvals for higher-risk actions. The company says its Human Passport ecosystem has more than 3 million users, has secured over $500 million against Sybil attacks, and is backed by $3 billion in restaked ether.