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Crypto

Bitcoin at crossroads: retest of $90,000 or plunge to $50,000

Bitcoin has fallen below $80,000, putting the $74,000 to $75,000 range in focus as a key support zone in the current downturn. Cointelegraph said rising exchange inflows and weakening short-term momentum have made the level a near-term turning point. Analysts and traders are also watching $70,000, with some seeing a rebound toward $85,000 to $90,000 if it holds. Others warn of a drop into the $50,000 to $60,000 range if support breaks.

Crypto

Former Ripple CTO says memecoins are not an investment, dismisses FUZZY backing claims

David Schwartz, a former chief technology officer at Ripple, said he has a negative view of treating memecoins as investments, as a community debate swirled around the XRP Ledger-based memecoin FUZZY. Schwartz denied that a settings change to receive the token was a sign of support, calling it a routine network procedure. He said he has no direct ties to FUZZY and no special information, while cautioning about the market impact of public remarks.

AI & Enterprise

Igloo Corporation secures two patents for AI and SOAR to build autonomous SOC

Igloo Corporation, an AI-based security operations and analytics platform company, said on May 19 it has obtained two new patents related to implementing an autonomous security operations centre. The first patent selects and blocks high-risk attacks among security alerts. The second has AI assess system security vulnerabilities and configuration errors and automatically apply appropriate defensive measures. The company aims to speed up building an agentic SOC system using these technologies.