What you need to know this Monday, May 13th:
- 11 crucial days are ahead for Ethereum's future. Given the uncertainty surrounding the potential approval of ETFs, days of high volatility for the ETH market may be anticipated.
- Worldcoin and AI tokens could be impacted by OpenAI news. This Monday marks the start of the company's largest event, potentially causing high volatility for several cryptocurrencies linked to artificial intelligence.
- A new stablecoin will be launched on Solana. XBY, from MarginFi, the sixth-largest DeFi platform by TVL on Solana, is the subject.
- Stablecoins are doomed to fail according to Deutsche Bank. Considering historical data, they point out that the few successful stablecoins survive because they had credibility.
- Cardano will be updated to facilitate dApp development. The network will undergo a fork that includes an improvement proposal addressing the limitations the network faces regarding DeFi protocols.
