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.

Silver (XAG/USD) is trading near $86.22 on Tuesday, May 12, 2026, marking a significant +0.16% gain following a decisive breakout from a multi-week consolidation. While the U.S.-Iran ceasefire has successfully cooled geopolitical panic buying, silver has found a much more powerful engine: the Trump-Xi Summit in Beijing, scheduled for May 13–15.

NVIDIA (NVDA) has once again rewritten the record books. On Monday, the NVDA stock closed at a record $219.44, marking a four-day rally that added approximately $550 billion in market capitalization. To put that in perspective, NVIDIA grew by the entire valuation of Oracle in less than a week.

Coinbase said on May 11, 2026 that it posted a first-quarter net loss of $394.1 million after a crypto market slide reduced trading revenue and lowered the value of digital assets held on its balance sheet. Total revenue fell 31% year over year to $1.41 billion, with transaction revenue down 40% to $756 million, while stablecoin revenue rose 11% to $305 million.

While the broader markets waver under the weight of rising energy prices and geopolitical tensions, the semiconductor sector, led by Micron Technology, has officially detached from reality. On Monday, Micron (MU) closed up 6.5% at $795.33, capping a month where the stock has nearly doubled.

Ark Invest bought about $5.5 million of Circle Internet Group stock across ARKK, ARKW and ARKF on Monday, totaling 41,904 shares. Circle closed up 15.91% at $131.76 the same day after reporting Q1 2026 results, including $694 million in revenue and $55 million in net income.

Bitwise reported on May 8 that 24 major financial institutions are now active in crypto across regulated channels, spanning trading, custody, private funds, payments, tokenization, and exchange-traded products (ETPs). The dataset highlights regulated ETPs as the most common on-ramp, while tokenized funds and blockchain-based settlement tools are also being tested by large banks and asset managers.

Crypto markets firmed as risk appetite improved and total capitalization stabilized near $2.8 trillion, marking an 8% monthly recovery. The rebound came alongside a softer U.S. dollar with DXY around 98 and steadier Treasury yields at 4.38%–4.40%. U.S. spot Bitcoin ETFs kept cumulative inflows above $59 billion while holdings topped 755,000 BTC, even as DeFi exploit losses reached roughly $635 million across 28 incidents in April 2026.