New Airdrops for KAITO Stakers

This week's top crypto news includes Kaito AI announcing new airdrops for KAITO token stakers.

Traders and investors have multiple headlines to look forward to as part of the top crypto news this week.

The following events, spanning diverse ecosystems, could bring notable volatility to specific tokens.

New Airdrops for KAITO Stakers

Starting the list of top crypto news this week is Kaito AI. The crypto analytics platform, which leverages AI and natural language processing, is set to announce new airdrops for KAITO token stakers this week.

“Airdrops to KAITO stakers next week,” revealed on Monday by one of the top Kaito AI mindshare yappers, known as "Wals."

This initiative continues Kaito's Yapper Payouts program, launched in 2025, which rewards users for high-quality crypto content.

Kaito has been incentivizing its community with weekly rewards, and this upcoming airdrop is expected to engage stakers further. The platform provides tools for sentiment analysis, market narrative tracking, and blockchain data insights, making it popular among crypto enthusiasts.

As of 10:08 AM ET (14:08 GMT), KAITO's price is $1.96, showing a slight increase of 0.5% over the past 24 hours. It has a market cap of $446,837,093.

Depending on the reward structure and prevailing market sentiment, the airdrop announcement could lead to heightened staking activity and potentially boost KAITO's price.

US Vice President JD Vance to Speak at Bitcoin 2025 Conference

Another headline to watch among top crypto news this week is US Vice President JD Vance's scheduled speech at the Bitcoin 2025 conference.

As announced by BTC Inc. on May 9, 2025, via bitcoinmagazine.com, the event will take place on Wednesday, May 28, 2025, at The Venetian Las Vegas.

"Vice president JD Vance keynote confirmed on May 28 at 9:00 AM," The Bitcoin Conference shared on X.

The event, recognized as the world's largest Bitcoin conference, marks a historic moment. Vance will be the first US vice president to publicly address a Bitcoin conference, highlighting the increasing political engagement with crypto in the US.

According to Bitcoin Magazine, other prominent speakers at the conference include Silk Road founder Ross Ulbricht, Eric Trump, Donald Trump Jr., Michael Saylor, and Senator Cynthia Lummis.

Highlighting Vance's role, Bitcoin Magazine stated, "A voice for a new generation embracing freedom and technology, Vice President JD Vance will speak at The Bitcoin Conference 2025."

This participation showcases Bitcoin's integration into mainstream culture and Vance's advocacy for decentralized technologies. His presence could significantly boost Bitcoin's visibility and potentially influence its price if his speech includes mentions of supportive policies or regulatory clarity.

At the time of writing, Bitcoin was trading for $price is $109,994, demonstrating an increase of over 2% within the last 24 hours.

NVIDIA Earnings Call: Will VIRTUAL & AI Coins React?

Turning to the world of DeFi, investors are focused on NVIDIA's Q1 2025 earnings call, which is set to be held on May 28. Key developments are likely to influence AI-focused cryptos like Virtuals Protocol (VIRTUAL).

NVIDIA's earnings reports often have a direct impact on AI coins, with past reports triggering rallies and "sell the news" events. This influence stems from NVIDIA's role as a leading GPU provider for AI applications, making its earnings a key indicator for the broader market.

If the report is strong, it could drive bullish sentiment for AI coins, potentially lifting VIRTUAL's price. Conversely, disappointing results might lead to a sell-off in the early part of the week.

VIRTUAL token is currently trading for $2.21, showing an increase of almost 14% in the last 24 hours.

Other AI coins like Render (RNDR) have also historically reacted to NVIDIA earnings, with Render showing a rally ahead of Q2 2024 results.

Investors will be keeping an eye out for any guidance NVIDIA provides on the AI sector, which could further influence the market.

$5 Billion in Stables for FTX Creditors

Moving to broader crypto news, FTX creditors are set to receive $5 billion in stablecoins on Friday, May 30, 2025, as part of the exchange's bankruptcy repayment plan.

"FTX will distribute more than $5 billion to creditors on May 30," stated Tiffany Fong, co-founder of FTX Creditor, in a recent post.

This distribution follows FTX's collapse in November