Decrypt
Jun 4, 13:06
As BTC Tests $62,000, How Low Can Bitcoin Go?
Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.
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Price data by In brief Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period. Data from derivatives and options markets show weak demand and increased downside protection bets.
TL;DR:
Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.
Cryptoslate
Jun 4, 12:55
Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion
Thomas Lee's BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares […] The post Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion appeared first on CryptoSlate .
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Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares […] The post Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.
TL;DR:
Thomas Lee's BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout.
Cointelegraph
Jun 4, 12:48
Coinbase launches pre-IPO markets, starting with Elon Musk’s SpaceX
Coinbase launches pre-IPO markets starting with SpaceX, offering non-US users perpetual futures tied to private company valuations amid rising competition.
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The product is a USDC-settled perpetual futures contract that tracks SpaceX’s pre-IPO valuation. Coinbase said the positions can be opened and closed at any time, similar to existing perpetual futures contracts on the platform. Upon a future IPO, positions will automatically transition into a post-IPO perpetual futures contract referencing the public listing.
TL;DR:
Coinbase launches pre-IPO markets starting with SpaceX, offering non-US users perpetual futures tied to private company valuations amid rising competition.
Decrypt
Jun 4, 12:21
Morning Minute: Crypto Crashes, New Lows In Sight
Bitcoin falls to $62k and Arthur Hayes selling his HYPE and NEAR position leads to double digit fallout for recent alt darlings.
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Bitcoin and crypto majors fell hard on Wednesday and overnight, and this time, the alt darlings were not spared. ZEC fell 12%, NEAR fell 18% and VVV fell 12%, all of which had hit new local highs on Wednesday. He pointed to higher energy prices, the three AI IPOs looming and anticipation of a surprising Trump pivot on AI to cause a market top between now and September.
TL;DR:
Bitcoin falls to $62k and Arthur Hayes selling his HYPE and NEAR position leads to double digit fallout for recent alt darlings.
Decrypt
Jun 4, 12:08
US Bitcoin Reserve Moving Ahead at ‘Deliberate Speed’: Bessent
The Treasury chief told senators the administration is using “best practices” in implementing Trump's Bitcoin reserve order.
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Price data by In brief U.S. Treasury Secretary Scott Bessent testified before the Senate Finance Committee on June 3 about the 2027 budget and crypto policy. Bessent said Treasury is proceeding with "deliberate speed" on establishing a strategic Bitcoin reserve mandated by Trump's March 2025 executive order.
TL;DR:
The Treasury chief told senators the administration is using “best practices” in implementing Trump's Bitcoin reserve order.
Coindesk
Jun 4, 12:00
Moomoo expands into prediction markets through Kalshi partnership
Retail trading platform moomoo has partnered with Kalshi to offer CFTC-regulated event contracts tied to economic data, elections and major sporting events directly within its app.
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Digital trading platform Moomoo said Thursday it had partnered with prediction market operator Kalshi to bring CFTC-regulated event contracts to eligible users, allowing them to trade on the outcomes of major economic, political and cultural events directly through the brokerage's platform. Prediction markets have exploded in popularity since the 2024 U.S.
TL;DR:
Retail trading platform moomoo has partnered with Kalshi to offer CFTC-regulated event contracts tied to economic data, elections and major sporting events directly within its app.
Cointelegraph
Jun 4, 11:46
Bitcoin price just tagged 200-week trend line that defined 2022 bear market
Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years.
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7.05% TRX $0.3284 1.05% DOGE $0.08809 6.55% XLM $0.2057 10.94% ZEC $527.58 13.87% ETH $1,754 6.65% BNB $596.52 6.29% SOL $68.73 8.92% HYPE $66.14 9.85% XMR $344.42 0.33% XRP $1.15 6.53% ADA $0.1895 13.51% BTC $62,774 6.
TL;DR:
Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years.
Cointelegraph
Jun 4, 11:41
FG Nexus offloads additional $17.8M Ether as losses top $100M
FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure.
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7.26% TRX $0.3283 1.09% DOGE $0.08796 6.70% XLM $0.2053 11.01% ZEC $526.66 14.04% ETH $1,751 6.84% BNB $595.73 6.45% SOL $68.63 9.09% HYPE $66.19 9.76% XMR $343.65 0.77% XRP $1.15 6.84% ADA $0.1892 13.78% BTC $62,673 6.
TL;DR:
FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure.
Cointelegraph
Jun 4, 11:27
Polymarket users cry foul after Strategy sale market resolves to ‘no’
A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count.
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6.74% TRX $0.3282 1.11% LINK $7.92 7.22% ZEC $526.87 14.00% ADA $0.1891 13.84% XRP $1.15 6.93% ETH $1,749 6.92% BTC $62,628 6.80% XMR $343.65 0.77% BNB $595.41 6.51% XLM $0.2051 11.23% SOL $68.57 9.18% HYPE $66 10.
TL;DR:
A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count.
Coindesk
Jun 4, 11:23
Standard Chartered's three 'Ifs' that stand between bitcoin and a market low
To say bitcoin BTC $ 63,729.63 bears are having a great time would be an understatement. The cryptocurrency has shed 14% in seven days, falling to levels not seen since the crash in February.
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Standard Chartered's three 'Ifs' that stand between bitcoin and a market low. Broader crypto markets have taken an equally brutal beating, and most analysts say the situation could deteriorate further if BTC breaks below the critical $60,000 threshold. ETF holdings are sturdier than feared: The 11 spot ETFs listed in the U.S.
TL;DR:
To say bitcoin BTC $ 63,729.63 bears are having a great time would be an understatement.
Decrypt
Jun 4, 11:13
Coinbase Launches Pre-IPO Perps, Starting with Elon Musk's SpaceX
Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.
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Price data by In brief Coinbase has released a product that allows traders to speculate on the price of companies that are expected to IPO soon. SpaceX is the first company to be made available for trading on the product, with more companies expected to be announced soon. only for now) and to help with price discovery," Brian Armstrong, co-founder and CEO at Coinbase, tweeted .
TL;DR:
Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.
Cointelegraph
Jun 4, 11:11
Bitcoin ETFs bleed $4.4B as outflow run extends to 13 trading days
US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.
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7.24% TRX $0.3282 1.11% DOGE $0.0879 6.76% XLM $0.205 11.34% ZEC $526.85 14.01% ETH $1,749 6.93% BNB $595.37 6.52% SOL $68.56 9.22% HYPE $65.97 10.19% XMR $343.65 0.77% XRP $1.15 6.98% ADA $0.189 13.86% BTC $62,631 6.
TL;DR:
US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15.
Coindesk
Jun 4, 11:10
JPMorgan warns time is running short for crypto market structure bill
The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sticking point, the bank said.
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midterms approaching, the legislative window for passage of the Market Structure Bill has narrowed, which could postpone progress on crypto market-structure reform this year," wrote analysts led by Nikolaos Panigirtzoglou in the Wednesday report.
TL;DR:
The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sticking point, the bank said.
Coindesk
Jun 4, 11:02
Bitcoin steadies above $60,000 while derivatives send an unambiguous warning
BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days. Traders loaded up on $60,000 puts in anticipation of further declines.
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Bitcoin steadies above $60,000 while derivatives send an unambiguous warning. BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days. Traders loaded up on $60,000 puts in anticipation of further declines.
TL;DR:
BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days.
Cryptoslate
Jun 4, 11:01
Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move
Charles Hoskinson has announced that he is “taking a break” from the pressure around Cardano after an emotional plea to the community. His remarks, however, point to frustration rather than abandonment. It seems that the Cardano founder is openly questioning his remaining power over the network at a time when ADA holders are blaming him […] The post Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move appeared first on CryptoSlate .
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Cardano founder Charles Hoskinson takes “a break” – exposing who really controls ADA’s next move. His remarks, however, point to frustration rather than abandonment. It seems that the Cardano founder is openly questioning his remaining power over the network at a time when ADA holders are blaming him […] The post Cardano founder Charles Hoskinson takes “a break” – exposing who…
TL;DR:
Charles Hoskinson has announced that he is “taking a break” from the pressure around Cardano after an emotional plea to the community.
Decrypt
Jun 4, 10:49
Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy’s preferred stock remains under pressure.
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Price data by In brief BitMine is seeking to raise up to $300 million for its ETH treasury strategy. BitMine’s strategy builds on its move from Bitcoin mining into an ETH treasury business, as its ETH holdings crossed $1 billion last year. Strategy, meanwhile, sold about $2.5 million of Bitcoin to help fund dividends on its own preferred stock.
TL;DR:
The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy’s preferred stock remains under pressure.
Coindesk
Jun 4, 10:20
This bitcoin metric has marked every bear market bottom, and it's just flashed again
More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.
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According to Glassnode data, at a one-hour resolution, the number peaked at about 10.5 million BTC as the price fell to as low as $61,300 on Thursday. At the same time, supply in profit has declined to around 9.8 million BTC. This is the first time during the current market cycle that the amount of bitcoin held at a loss has exceeded the amount held in profit.
TL;DR:
More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.
Theblock
Jun 4, 09:00
Immunefi says DeFi is ‘getting safer’ as exploit losses fall 74% from 2022 peak amid AI-driven security arms race
DeFi exploit losses fell 74% from the 2022 peak to $680 million in 2025, according to Immunefi, amid structural security shifts.
TL;DR:
DeFi exploit losses fell 74% from the 2022 peak to $680 million in 2025, according to Immunefi, amid structural security shifts.
Theblock
Jun 4, 08:40
Coinbase and Better fund first bitcoin-backed mortgage, plan nationwide rollout soon
Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin as collateral, with a nationwide rollout planned soon.
TL;DR:
Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin as collateral, with a nationwide rollout planned soon.
Cryptoslate
Jun 4, 08:35
Zcash was rumored to have stopped working – then it became crypto’s only winner
Zcash became the subject of a brief market scare after block explorers appeared to show that the privacy-focused blockchain had stopped producing blocks for several hours. By the time developers and infrastructure providers pushed back on the claim, the market had already moved in the opposite direction. ZEC was recently trading near $620, up about […] The post Zcash was rumored to have stopped working – then it became crypto’s only winner appeared first on CryptoSlate .
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Zcash was rumored to have stopped working – then it became crypto’s only winner. By the time developers and infrastructure providers pushed back on the claim, the market had already moved in the opposite direction.
TL;DR:
Zcash became the subject of a brief market scare after block explorers appeared to show that the privacy-focused blockchain had stopped producing blocks for several hours.
Cointelegraph
Jun 4, 08:19
Over $600M in Bitcoin longs liquidated as BTC dips toward $60K
Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC.
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6.18% TRX $0.3303 0.88% LINK $7.98 6.49% ZEC $558.18 10.43% ADA $0.1923 12.34% XRP $1.15 7.06% ETH $1,765 6.37% BTC $63,366 5.69% XMR $340.88 1.06% BNB $599.80 7.31% XLM $0.2061 10.91% SOL $68.75 8.93% HYPE $68.03 5.
TL;DR:
Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC.
Theblock
Jun 4, 08:18
‘When the market offers discounts, we lean in’: DDC Enterprise lifts bitcoin holdings to 2,804 BTC
DDC Enterprise added 90 bitcoin, raising its total holdings to 2,804 BTC and reaching 28th among public corporate holders.
TL;DR:
DDC Enterprise added 90 bitcoin, raising its total holdings to 2,804 BTC and reaching 28th among public corporate holders.
Coindesk
Jun 4, 07:59
Cardano slumps under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures
Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.
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Cardano slumps under 20 cents as Hoskinson says he is 'taking a break' after warning of ecosystem failures. Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.
TL;DR:
Hoskinson's remarks followed a string of setbacks for the ecosystem, including the cancellation of Cardano's flagship conference and the shutdown of a prominent analytics platform.
Coindesk
Jun 4, 07:57
Goldman Sachs teams with Apex, Archax for tokenized real estate fund
The fund combines blockchain native issuance with established fund structures.
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Goldman Sachs teams with Apex, Archax for tokenized real estate fund. The fund combines blockchain native issuance with established fund structures.
TL;DR:
The fund combines blockchain native issuance with established fund structures.
Theblock
Jun 4, 07:51
‘The power landlords of AI’: Bernstein initiates coverage on bitcoin miners TeraWulf and Cipher Digital, sees ninefold AI revenue by 2030
Bernstein initiates TeraWulf and Cipher Digital at Outperform with $36 and $32 price targets, projecting AI revenue to grow ninefold by 2030.
TL;DR:
Bernstein initiates TeraWulf and Cipher Digital at Outperform with $36 and $32 price targets, projecting AI revenue to grow ninefold by 2030.
Coindesk
Jun 4, 07:50
Polymarket says No for May, Yes for June after Strategy's recent bitcoin sale
UMA voters ruled that Strategy's June 1 disclosure counted for the June contract, even though the company said it sold bitcoin during the final week of May.
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The controversy began after Strategy disclosed in a June 1 filing that it had sold 32 bitcoin between May 26 and May 31. Traders who bought Yes on the May market argued the company had clearly sold bitcoin before the deadline. The biggest vote came from borntoolate.eth, which cast 3.11 million voting weight for No.
TL;DR:
UMA voters ruled that Strategy's June 1 disclosure counted for the June contract, even though the company said it sold bitcoin during the final week of May.
News
Jun 4, 07:28
EV sales target remains in distance despite fuel price spike
Government targets for sales of new electric cars are still far from being met, despite a leap in demand likely helped by the Iran war fuel price surge.
TL;DR:
Government targets for sales of new electric cars are still far from being met, despite a leap in demand likely helped by the Iran war fuel price surge.
Cointelegraph
Jun 4, 07:12
US House Democrats call for FTC probe into prediction markets
The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices.
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6.39% TRX $0.3303 0.85% DOGE $0.08817 6.41% XLM $0.2078 10.85% ZEC $566.14 9.22% ETH $1,767 6.09% BNB $597.95 7.43% SOL $68.47 9.41% HYPE $67.05 7.78% XMR $353.05 4.73% XRP $1.16 6.58% ADA $0.1934 11.81% BTC $63,394 5.
TL;DR:
The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices.
Coindesk
Jun 4, 06:35
Apyx's STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
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Apyx's STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug. Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
TL;DR:
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
Theblock
Jun 4, 06:27
‘The low is almost in’: Standard Chartered says bitcoin bottom near after tough week for crypto
Standard Chartered said bitcoin's low is "almost in," citing resilient ETF holdings and likely Strategy buybacks after a painful week for crypto.
TL;DR:
Standard Chartered said bitcoin's low is "almost in," citing resilient ETF holdings and likely Strategy buybacks after a painful week for crypto.
Theblock
Jun 4, 06:00
Coinbase launches pre-IPO perpetual futures, starting with SpaceX
Coinbase has entered the pre-IPO perpetual futures market, starting with a SpaceX contract, offering up to 5x leverage.
TL;DR:
Coinbase has entered the pre-IPO perpetual futures market, starting with a SpaceX contract, offering up to 5x leverage.
Coindesk
Jun 4, 05:59
BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green
BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF category still pulling in net new money.
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The two funds dropped 2.76% and 2.65% respectively as bitcoin traded around $65,462, down from above $71,000 at the start of the week. spot bitcoin ETFs have fallen from $104.29 billion on May 15, the last session before the outflow streak began, to $82.83 billion on Wednesday. Bitcoin ETF AUM now represents 6.
TL;DR:
BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF category still pulling in net new money.
Theblock
Jun 4, 05:36
Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms
Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
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Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms. Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
TL;DR:
Hayes faced backlash from social media users after selling the tokens days after publicly touting them.
Cointelegraph
Jun 4, 05:34
Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
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Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook. The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
TL;DR:
The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday.
Cointelegraph
Jun 4, 05:14
Coinbase freezes $3M tied to Southeast Asia crypto fraud networks
Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.
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Reviewed by Felix Ng , Staff Editor. Written by Stephen Katte , Staff Writer. Reviewed by Felix Ng , Staff Editor.
TL;DR:
Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania.
Theblock
Jun 4, 04:49
Coinbase, SpaceX, Meta join DOJ anti-scam operation that froze $3.8 million in crypto
Private-sector firms joined the DOJ's "Disruption Week," freezing $3.8 million in crypto and disrupting 1.4 million scam-linked accounts.
TL;DR:
Private-sector firms joined the DOJ's "Disruption Week," freezing $3.8 million in crypto and disrupting 1.4 million scam-linked accounts.
Cointelegraph
Jun 4, 03:28
CFTC follows SEC in scrapping ‘no-deny’ policy for settlements
CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions.
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Reviewed by Felix Ng , Staff Editor. Written by Jesse Coghlan , Staff Editor. Reviewed by Felix Ng , Staff Editor.
TL;DR:
CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions.
Coindesk
Jun 4, 02:13
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.
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More than 208,000 traders were liquidated across crypto markets, according to CoinGlass data , with bitcoin accounting for over $800 million of the losses and ether another $386 million. spot bitcoin ETFs this week, according to SoSoValue data , extending the funds' record streak of net outflows.
TL;DR:
Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.
Coindesk
Jun 4, 02:11
Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated
Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.
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The overwhelming presence of put volume across multiple lower strikes indicates that a notable portion of options flow is betting on, or hedging against, bitcoin failing to sustain its current levels. 1 Bitcoin briefly drops below $62,000 as $1.
TL;DR:
Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.
Coindesk
Jun 4, 01:30
Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
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Bitcoin tanks below $63,000 for the first time since February as price selloff deepens. The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
TL;DR:
The selloff has triggered demand for protective options plays, pushing the fear gauge higher.
Theblock
Jun 4, 00:21
Polymarket’s UMA vote upholds ‘No’ outcome on Strategy bitcoin sale market despite backlash
The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.
TL;DR:
The dispute centers on Strategy's disclosure that it sold 32 BTC for roughly $2.5 million between May 26 and May 31.
Cointelegraph
Jun 3, 23:00
Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country's tax office only saw 58 filers took advantage of the procedure.
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Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. The local news outlet reported that the tax authority had received reports of $50 million combined from crypto capital, with the potential of billions of dollars in underreported holdings.
TL;DR:
After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country's tax office only saw 58 filers took advantage of the procedure.
Bbc
Jun 3, 22:41
SpaceX says its worth $1.75tn as it nears stock market debut
Elon Musk’s space exploration company set a target price for buyers earlier than expected.
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SpaceX says its worth $1.75tn as it nears stock market debut. Elon Musk’s space exploration company set a target price for buyers earlier than expected.
TL;DR:
Elon Musk’s space exploration company set a target price for buyers earlier than expected.
Theblock
Jun 3, 22:38
Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses
The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expanding staking operations.
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Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses. The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expanding staking operations.
TL;DR:
The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expanding staking operations.
Coindesk
Jun 3, 22:31
SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
SpaceX's proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.
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The offering would also have implications for the crypto market. A public listing would bring those holdings into public markets, giving investors indirect exposure to bitcoin through ownership of SpaceX shares. If Tesla and SpaceX were ultimately merged, Musk could gain control over one of the largest corporate bitcoin holdings in public markets.
TL;DR:
SpaceX's proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.
Coindesk
Jun 3, 22:18
Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.
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Strategy (MSTR), the largest corporate holder of bitcoin, introduced various classes of preferred equities. Bitcoin treasury peer Strive (ASST) also issued dividend-paying preferred stock SATA. That ETH bet is currently sitting at an estimated $9 billion unrealized loss as ETH prices fell below $1,800 from around $5,000 in October.
TL;DR:
The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap new sources of funding.
Decrypt
Jun 3, 21:58
The Best AI Models Still Encourage 'Harmful Intimacy' With Chatbots, Study Funds
A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.
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Price data by In brief A new USC study found that every tested frontier AI model violated social-interaction safety guidelines more than 27% of the time. The authors argue that AI safety evaluations should measure social behavior alongside reasoning ability and traditional safety metrics. The EUDAIMONIA benchmark evaluates how AI models behave in social conversations.
TL;DR:
A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.
Cointelegraph
Jun 3, 21:53
US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.
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Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Although the reserve has been filled with crypto seized by the government, Treasury officials had no additional acquisition plans as of March.
TL;DR:
Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.
Cointelegraph
Jun 3, 21:25
Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals.
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Reviewed by Robert Lakin , Staff Editor. Written by Nate Kostar , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals.
Decrypt
Jun 3, 21:20
Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of 'Wave of Failures'
Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.
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Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of 'Wave of Failures'. Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.
TL;DR:
Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.
Cointelegraph
Jun 3, 21:05
Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM
Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level.
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Reviewed by Ray Salmond , Staff Editor. Bitcoin ( BTC ) is attempting a bounce off the $65,426 level, but the bulls are struggling to hold onto higher levels. He projects a decline to about $56,000, but added that a move above $75,000 would invalidate this bearish view.
TL;DR:
Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level.
Decrypt
Jun 3, 21:03
Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards
Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.
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Price data by In brief Tether is launching a new gold-backed stablecoin card in collaboration with Fasset that pays cashback rewards in digital gold. The card spends from a user's XAUT balance, Tether's gold-backed stablecoin, and instantly converts it to USDT and then fiat. Cardholders can earn cash back paid immediately in the firm's version of tokenized gold, XAUT.
TL;DR:
Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.
Coindesk
Jun 3, 20:33
Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800
Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.
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Shares of the Tom Lee-chaired company fell another 5.9% Wednesday, slipping below $17 and extending their decline to 28% since early May. The second-largest cryptocurrency has lost more than 20% since early May, when Lee, Fundstrat's co-founder and BitMine's chairman, argued that the market's "mini crypto winter" had likely ended and a new "crypto spring" had begun.
TL;DR:
Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.
Decrypt
Jun 3, 20:21
Someone Just Redeemed a 15-Year-Old Physical Bitcoin, Scoring $1.78 Million in BTC
Physical Casascius coins were minted 15 years ago in the early days of Bitcoin—and the BTC held within is worth a whole lot more today.
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Price data by In brief A wallet linked to a Casascius Physical Bitcoin transacted for the first time since it was created in 2011. The wallet held 25 Bitcoin, redeemable via the private key embedded in a physical coin.
TL;DR:
Physical Casascius coins were minted 15 years ago in the early days of Bitcoin—and the BTC held within is worth a whole lot more today.
Cointelegraph
Jun 3, 19:21
Crypto PAC-supported candidates sweep US state primaries after media buys
Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs.
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Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
Nearly a dozen candidates across three US states won their primaries or will advance to the November election after they were supported by $3.5 million in ads funded by crypto industry-aligned PACs.
Coindesk
Jun 3, 18:50
New DeFi entrant widens field of crypto political campaign funds as elections loom
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.
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New DeFi entrant widens field of crypto political campaign funds as elections loom. The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.
TL;DR:
The Defend Developers PAC is aiming to contribute to lawmakers who seek to shield crypto developers from legal vulnerabilities.
Coindesk
Jun 3, 18:48
Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.
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Charles Schwab director of digital currencies research and strategy Jim Ferraioli sees a simpler explanation: Bitcoin is losing the momentum trade. "Bitcoin has been in a bear market since October," Ferraioli said in an interview. That’s because crypto investors are not fundamentally driven, but chase momentum, he said.
TL;DR:
Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.
Decrypt
Jun 3, 18:31
Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis
ETH just crashed below $2,000 and is now trading near $1,841. Prediction markets place a 71% chance on a drop to $1,500—and the charts aren't pushing back.
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Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis. ETH just crashed below $2,000 and is now trading near $1,841. Prediction markets place a 71% chance on a drop to $1,500—and the charts aren't pushing back.
TL;DR:
ETH just crashed below $2,000 and is now trading near $1,841.
Decrypt
Jun 3, 18:25
As Oil Moves Higher, Bitcoin Sinks to Lowest Price Since March
Bitcoin fell to a more than two-month low alongside U.S. stocks after Middle East skirmishes pushed bond yields and oil prices higher.
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As Oil Moves Higher, Bitcoin Sinks to Lowest Price Since March. Bitcoin fell to a more than two-month low alongside U.S. stocks after Middle East skirmishes pushed bond yields and oil prices higher.
TL;DR:
Bitcoin fell to a more than two-month low alongside U.S.
Cryptoslate
Jun 3, 18:05
Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole
For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, […] The post Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole appeared first on CryptoSlate .
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Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges.
TL;DR:
For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins.
Decrypt
Jun 3, 17:57
World Cup Crypto Scams Are Targeting Soccer Fans, Law Enforcement Warns
Price data by In brief Scammers are using fake FIFA websites and ads to steal money and personal information, law enforcement agencies have warned.
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Price data by In brief Scammers are using fake FIFA websites and ads to steal money and personal information, law enforcement agencies have warned. Cryptocurrency payments are a major red flag because transactions are impossible to reverse. The alert also comes as crypto theft in 2025 reached $3.4 billion, according to Chainalysis.
TL;DR:
Law enforcement agencies are warning soccer fans of fake ticket sites and crypto payment schemes around the World Cup.
Decrypt
Jun 3, 17:23
Mastercard Expands Stablecoin Settlement via Circle's USDC, Ripple's RLUSD and Beyond
Mastercard said it's deepening its commitment to the "always-on" economy, buffing out its stablecoin settlement capabilities.
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Price data by In brief Mastercard is enhancing its stablecoin settlement functionality for credit card transactions. The firm will support settlement of regulated stablecoins like Ripple's RLUSD, Circle's USDC, and SoFi's SoFiUSD. Last fall, it also teamed up with Ripple and Gemini to explore the settlement of transactions on the XRP Ledger using RLUSD.
TL;DR:
Mastercard said it's deepening its commitment to the "always-on" economy, buffing out its stablecoin settlement capabilities.
Theblock
Jun 3, 16:57
Hyperliquid’s HYPE overtakes Solana in price as SOL falls to lowest levels since 2023
Hyperliquid's market capitalization has climbed to over $16 billion, but still well behind Solana's $42 billion.
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Hyperliquid’s HYPE overtakes Solana in price as SOL falls to lowest levels since 2023. Hyperliquid's market capitalization has climbed to over $16 billion, but still well behind Solana's $42 billion.
TL;DR:
Hyperliquid's market capitalization has climbed to over $16 billion, but still well behind Solana's $42 billion.
Decrypt
Jun 3, 16:53
Stripe Millionaire Loses Bid for Congress to Candidate Backed by Ripple Co-Founder
Former Stripe engineer Saikat Chakrabarti lost his bid to succeed Nancy Pelosi in California to a candidate backed by Ripple's Chris Larsen.
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Price data by In brief Stripe founding engineer and progressive Saikat Chakrabarti was eliminated from the contest to succeed Rep. The pro-CBDC candidate railed against "tech oligarchs and crypto billionaires" while allocating $10 million to his own bid.
TL;DR:
Former Stripe engineer Saikat Chakrabarti lost his bid to succeed Nancy Pelosi in California to a candidate backed by Ripple's Chris Larsen.
Cryptoslate
Jun 3, 16:35
Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides
Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a familiar reason to ask whether old bankruptcy coins are moving closer to new supply. The estate-linked wallets moved 10,422 BTC on June 2, worth roughly $739 million at the time of the transfer. Most of […] The post Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides appeared first on CryptoSlate .
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Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides. The estate-linked wallets moved 10,422 BTC on June 2, worth roughly $739 million at the time of the transfer. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides appeared first on CryptoSlate .
TL;DR:
Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a familiar reason to ask whether old bankruptcy coins are moving closer to new supply.
Decrypt
Jun 3, 16:35
Strategy Wanted to 'Inoculate' the Bitcoin Market—Has Its BTC Sale Backfired?
With STRC trading under $100, experts are at odds over whether the sale has exposed a “structural crack” in Strategy’s Bitcoin flywheel.
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Price data by In brief Strategy’s decision to retire $1.5 billion in debt and purchase 24,869 BTC drained its corporate cash reserves right before a monthly dividend payout. The Bitcoin treasury firm’s $ 2.5 million BTC sale reversed its “never sell” narrative, triggering structural depegging fears and $1.76 billion in crypto liquidations.
TL;DR:
With STRC trading under $100, experts are at odds over whether the sale has exposed a “structural crack” in Strategy’s Bitcoin flywheel.
Coindesk
Jun 3, 16:13
Crypto Long & Short: What about the American consumer?
In this week's Crypto Long & Short, Alex Tapscott on the stalling of the CLARITY Act and how it's impacting the average American consumer. Then, Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them.
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Crypto Long & Short: What about the American consumer?. In this week's Crypto Long & Short, Alex Tapscott on the stalling of the CLARITY Act and how it's impacting the average American consumer. Then, Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them.
TL;DR:
In this week's Crypto Long & Short, Alex Tapscott on the stalling of the CLARITY Act and how it's impacting the average American consumer.
Cointelegraph
Jun 3, 16:09
Bitcoin copying 2022 'almost perfectly' as trader sees key support failing
4.20% TRX $0.3339 1.40% LINK $8.24 4.62% ZEC $593.78 3.39% ADA $0.2082 4.55% XRP $1.21 1.68% ETH $1,819 5.62% BTC $65,687 2.64% XMR $354.59 5.01% BNB $624.93 6.30% XLM $0.2221 0.46% SOL $72.65 5.
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Reviewed by Allen Scott , Staff Editor. Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned. “Over time, Bitcoin is likely to breakdown from this EMA and continue macro downside in this Bear Market,” he warned in one of several posts on X.
TL;DR:
Bitcoin traders warned of a key BTC price support trend line failing as 2022 bear market history continued to repeat.
Cointelegraph
Jun 3, 16:01
Crypto firms face July 1 EU cutoff as MiCA grace period ends
The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Christina Comben , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review.
Cointelegraph
Jun 3, 16:00
Hyperliquid bear turns bullish after losing over $46M shorting HYPE
The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets.
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Reviewed by Allen Scott , Staff Editor. A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing. Shortly after closing the losing short, Loracle.hl flipped long, opening a 2x leveraged position on 82,200 HYPE, worth about $5.98 million, at around $70.20, according to HypurrScan data .
TL;DR:
The whale is now backing Arthur Hayes’ favored HYPE, ZEC and NEAR plays, signaling a sharp pivot toward momentum-led crypto bets.
Theblock
Jun 3, 15:42
Crypto VC deal count slumps to five-year low as investors grow more selective
Discover the institutional crypto exchange LMAX Digital through high-level info and live data here. Monthly venture deal count in crypto fell to roughly 50 deals in May, a level last seen in the pre-…
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Discover the institutional crypto exchange LMAX Digital through high-level info and live data here. The compression is visible across nearly every category in the chart, with Infrastructure and Crypto Financial Services, historically the two most active buckets, both tracking near multi-year lows.
TL;DR:
Monthly venture deal count in crypto fell to roughly 50 deals in May, a level not seen since before 2021.
Cointelegraph
Jun 3, 15:32
Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?
Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk.
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Reviewed by Allen Scott , Staff Editor. Written by Nancy Lubale , Staff Writer. Ethereum drops to 14-week lows: Can ETH price hold $1.8K support?
TL;DR:
Ethereum price slides to a 14-week low as weakening demand and persistent ETF outflows put the key $1,800 support at risk.
Coindesk
Jun 3, 15:08
Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer
Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.
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Instead of treating crypto as an isolated sector, Sawyer noted that the industry is hitting a maturity point where the underlying blockchain infrastructure is moving toward real-world asset tokenization and stablecoin payments. Market estimates place the custodian's annual revenue at roughly $34.6 million. Market estimates place the custodian's annual revenue at roughly $34.
TL;DR:
Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August.
Cryptoslate
Jun 3, 15:05
Vitalik wants DeFi price crashes to stop triggering automatic liquidations
Vitalik Buterin is challenging one of DeFi's most familiar safety mechanisms: the automatic liquidation that closes a debt-backed position when collateral falls below the required backing for the loan. In a June 1 Ethereum Research post, Buterin proposed building synthetic, index-tracking assets on top of options, with collateralized debt removed from the base design. The […] The post Vitalik wants DeFi price crashes to stop triggering automatic liquidations appeared first on CryptoSlate .
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Vitalik wants DeFi price crashes to stop triggering automatic liquidations. Vitalik Buterin is challenging one of DeFi's most familiar safety mechanisms: the automatic liquidation that closes a debt-backed position when collateral falls below the required backing for the loan.
TL;DR:
The […] The post Vitalik wants DeFi price crashes to stop triggering automatic liquidations appeared first on CryptoSlate .
Cointelegraph
Jun 3, 14:47
Binance to end NFT support on exchange, shift service to wallet
Binance exchange said it will move NFT support from its exchange to its non-custodial wallet and offered users 30 days to migrate their NFTs.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Zoltan Vardai , Staff Writer. Binance is the latest exchange to wind down support for NFTs after similar moves from other platforms, such as crypto exchange Kraken, which shut down its NFT marketplace in February 2025.
TL;DR:
Binance exchange said it will move NFT support from its exchange to its non-custodial wallet and offered users 30 days to migrate their NFTs.
Cointelegraph
Jun 3, 14:40
Kraken parent Payward brings tokenized IPO access to retail investors
Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Helen Partz , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks.
Coindesk
Jun 3, 14:32
Rare physical bitcoin worth $1.78 million gets cashed in after 12 years
The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.
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Casascius coins were physical tokens created by software engineer Mike Caldwell in denominations of 0.5, 1, 5, 10, 25, 100 and even 1,000 BTC. Each coin had its receiving bitcoin address printed on the outside, with the matching private key concealed under a tamper-evident hologram on the back.
TL;DR:
The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.
Cointelegraph
Jun 3, 14:00
Russian ruble stablecoin A7A5 grows despite Western sanctions: CertiK
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Zoltan Vardai , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.
Cryptoslate
Jun 3, 13:35
Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […] The post Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally again appeared first on CryptoSlate .
More:
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle. After weeks of trying to turn the low-$80,000s into a new recovery zone, BTC has returned to the $66,900-$68,000 area, the same band I have used through several recent […] The post Bitcoin returns to the price that capped 2021, defined 2024…
TL;DR:
Bitcoin is back at a crossroads it has navigated multiple times in prior cycles, and this may be where the real test begins in this cycle.
Coindesk
Jun 3, 13:29
Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says
Strategy's (MSTR) recent bitcoin BTC $ 65,110.16 sale has had an outsized impact on market sentiment, but Wall Street bank Citi says spot bitcoin exchange-traded fund (ETF) flows are the primary driv…
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Strategy's (MSTR) recent bitcoin BTC $ 65,110.16 sale has had an outsized impact on market sentiment, but Wall Street bank Citi says spot bitcoin exchange-traded fund (ETF) flows are the primary driver of BTC prices.
TL;DR:
Strategy's bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.
Coindesk
Jun 3, 13:26
Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge
The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.
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The research team described the figure as a "model-implied illustrative figure, not a price target or forecast," however. It built the case around stress in sovereign bond markets. Bitwise singled out Japan's JGB market as particularly vulnerable, citing its roughly $7.5 trillion size as the world's second-largest sovereign bond market, Japanese investors' approximately $1.
TL;DR:
The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.
Cointelegraph
Jun 3, 13:11
UK regulator warns Premier League clubs over unauthorized crypto sponsors
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Christina Comben , Staff Writer. In a Wednesday press release , the Financial Conduct Authority (FCA) said several unauthorized firms, including crypto businesses and online trading platforms, are using football sponsorships to target “unwitting” supporters.
TL;DR:
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout.
Coindesk
Jun 3, 13:08
CoinDesk 20 performance update: Bitcoin Cash (BCH) falls 10.7%, leading index lower
Binance Coin (BNB), down 3.4% from Tuesday, was also an underperformer.
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CoinDesk 20 performance update: Bitcoin Cash (BCH) falls 10.7%, leading index lower. Binance Coin (BNB), down 3.4% from Tuesday, was also an underperformer.
TL;DR:
Binance Coin (BNB), down 3.4% from Tuesday, was also an underperformer.
Coindesk
Jun 3, 13:02
Kraken parent Payward plans to offer tokenized IPO access as investors await blockbuster debuts
Payward, the parent company of the crypto exchange, said Wednesday it will "soon" allow customers of Kraken and other members of its xStocks Alliance to participate in U.S.
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Payward, the parent company of the crypto exchange, said Wednesday it will "soon" allow customers of Kraken and other members of its xStocks Alliance to participate in U.S.-listed initial public offerings through tokenized shares.
TL;DR:
Payward aims to give retail investors access to IPO shares at the offering price through tokenized equities.
Decrypt
Jun 3, 13:01
MoonPay Brings Crypto Transactions to Claude and Codex With MoonAgents Desktop App
MoonPay's new desktop app connects AI assistants to crypto wallets and blockchain services through a graphical interface.
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Price data by In brief MoonPay launched the MoonAgents desktop app, which lets AI assistants interact with crypto wallets and blockchain services. The software currently works with Claude and OpenAI Codex accounts and is designed to simplify setup for non-technical users. Claude and ChatGPT can write code—and MoonPay wants to make them trade crypto, too.
TL;DR:
MoonPay's new desktop app connects AI assistants to crypto wallets and blockchain services through a graphical interface.
Coindesk
Jun 3, 13:00
Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done
The dwindling congressional calendar may spur a legislative competition for the crypto market structure bill to win Senate floor time against other priorities.
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Clarity Act survival depends on the U.S. Senate getting a lot of non-crypto work done. The dwindling congressional calendar may spur a legislative competition for the crypto market structure bill to win Senate floor time against other priorities.
TL;DR:
The dwindling congressional calendar may spur a legislative competition for the crypto market structure bill to win Senate floor time against other priorities.
Theblock
Jun 3, 12:56
EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash
EdgeX says that 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity.
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EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash. EdgeX says that 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity.
TL;DR:
EdgeX says that 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity.
Theblock
Jun 3, 12:56
Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume
Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.
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Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume. Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.
TL;DR:
Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.
Decrypt
Jun 3, 12:47
Morning Minute: Bitcoin Falls Below $67k as MSTR Plummets
The fallout from Saylor’s first Bitcoin sale in years keeps spreading, while Bernie Sanders and Elizabeth Warren want crypto out of your 401(k).
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It appears the fallout from Saylor’s Bitcoin sales isn’t over yet. Bitcoin crashed below $67,000 on Tuesday with over $1.4B in longs liquidated across crypto. The sell-off is now being driven by a 10-day Bitcoin ETF outflow streak now exceeding $3 billion, and Strategy’s first Bitcoin sale in four years destabilizing the market’s most reliable narrative.
TL;DR:
The fallout from Saylor’s first Bitcoin sale in years keeps spreading, while Bernie Sanders and Elizabeth Warren want crypto out of your 401(k).
Decrypt
Jun 3, 12:42
Trezor Reveals Hardware Wallet Vulnerability, But Funds 'Safe'
The vulnerability in Trezor's TROPIC01 Secure Element chip was uncovered by an audit carried out by the Ledger Donjon team.
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The attack could reveal one of three "secrets" that protect a users PIN, reducing the wallet's original three layers of protection down to two. Important: Your funds remain safe and secure. Trezor Safe 7 has not been hacked, and you… "The vulnerability concerns only the TROPIC01 Secure Element chip, one of three physical, independent security layers.
TL;DR:
The vulnerability in Trezor's TROPIC01 Secure Element chip was uncovered by an audit carried out by the Ledger Donjon team.
Theblock
Jun 3, 12:36
Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’
Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitcoin reserve.
TL;DR:
Treasury Secretary Scott Bessent said the department is moving at a "deliberate speed" to establish a strategic bitcoin reserve.
Coindesk
Jun 3, 12:27
Live markets: What's next as bitcoin re-tests February low for third time
One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.
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Live markets: What's next as bitcoin re-tests February low for third time. One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.
TL;DR:
One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.
Cryptoslate
Jun 3, 12:27
Bank of England stablecoin caps may choke the UK’s pound-token market before launch
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK's regime is finalized. The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning a technical debate over reserve design into a test of whether the UK can build a pound-denominated stablecoin […] The post Bank of England stablecoin caps may choke the UK’s pound-token market before launch appeared first on CryptoSlate .
More:
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK's regime is finalized. The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning a technical debate over reserve design into a test of whether the UK can build a pound-denominated stablecoin […] The post Bank of Englan…
TL;DR:
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK's regime is finalized.
Coindesk
Jun 3, 12:01
Bitcoin hits Power Law level low that historically precedes a rebound
The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.
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The model, popularized by physicist Giovanni Santostasi and refined by Porkopolis Economics, plots bitcoin's price against time on a logarithmic scale and suggests that growth slows naturally as the network matures.
TL;DR:
The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.
Coindesk
Jun 3, 12:00
Grayscale launches lowest-fee U.S. Hyperliquid ETF as competition heats up around HYPE
The Nasdaq-listed fund charges a 0.29% sponsor fee, undercutting rival Hyperliquid ETFs from 21Shares and Bitwise.
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Grayscale launches lowest-fee U.S. Hyperliquid ETF as competition heats up around HYPE. The Nasdaq-listed fund charges a 0.29% sponsor fee, undercutting rival Hyperliquid ETFs from 21Shares and Bitwise.
TL;DR:
The Nasdaq-listed fund charges a 0.29% sponsor fee, undercutting rival Hyperliquid ETFs from 21Shares and Bitwise.
Theblock
Jun 3, 12:00
Solayer rolls out Solana-native onchain perps trading platform Margin Trade mainnet
Margin Trade enables trading of crypto, commodities, and equities via a single margin account on Solana, tapping the SVM chain Solayer.
TL;DR:
Margin Trade enables trading of crypto, commodities, and equities via a single margin account on Solana, tapping the SVM chain Solayer.
Decrypt
Jun 3, 11:49
George Santos Referred to DOJ, CFTC Over State of the Union Kalshi Trades: Report
The pardoned ex-congressman allegedly bet against his own State of the Union appearance while publicly hyping it.
More:
George Santos Referred to DOJ, CFTC Over State of the Union Kalshi Trades: Report. The pardoned ex-congressman allegedly bet against his own State of the Union appearance while publicly hyping it.
TL;DR:
The pardoned ex-congressman allegedly bet against his own State of the Union appearance while publicly hyping it.
Cointelegraph
Jun 3, 11:48
Mastercard expands support to USDC, PYUSD, RLUSD stablecoin settlement
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Ezra Reguerra , Staff Writer. It follows Mastercard securing a New York BitLicense in May , allowing its US transaction services unit to conduct regulated digital asset business activity in the state.
TL;DR:
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains.
Coindesk
Jun 3, 11:47
Payment giants Stripe, Visa, Mastercard said to be among backers of soon-to-debut stablecoin platform
U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.
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The total stablecoin market cap is about $325 billion, according to CoinGecko data. Late last year, Coinbase announced a white-label stablecoin service, as well as the Coinbase Business service for stablecoin payments. The token, USDC, has a market cap of $76 billion.
TL;DR:
crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.
Coindesk
Jun 3, 11:46
Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak
Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen. Mike Rounds, with Democrats accounting for 10 of the 11 victories.
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Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak. Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen. Mike Rounds, with Democrats accounting for 10 of the 11 victories.
TL;DR:
Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen.
Theblock
Jun 3, 11:37
Sen. Lummis says JPMorgan CEO Jamie Dimon hasn’t read Clarity Act, calls remarks ‘distasteful’
Republican Senator Lummis said the JPMorgan CEO "either hasn't read" the Clarity Act "or he wants to mislead people."
TL;DR:
Republican Senator Lummis said the JPMorgan CEO "either hasn't read" the Clarity Act "or he wants to mislead people."
Coindesk
Jun 3, 11:19
Bitcoin momentum gauge hints at recovery. Experts remain cautious.
Bitcoin BTC $ 66,865.59 and the broader crypto market steadied Wednesday from Tuesday's slide after Strategy (MSTR), the largest publicly listed bitcoin holder, sold a small portion of its stash and…
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Bitcoin momentum gauge hints at recovery. The cryptocurrency's 14-day RSI has dropped below 30, a textbook oversold reading. While a reading below 30 suggests bearish momentum is dominant, analysts often read this as a sign that the selloff has been too rapid and could stall, allowing for a recovery.
TL;DR:
Bitcoin BTC $ 66,865.59 and the broader crypto market steadied Wednesday from Tuesday's slide after Strategy (MSTR), the largest publicly listed bitcoin holder, sold a small portion of its stash and spot ETFs extended a record run of net outflows.
Decrypt
Jun 3, 11:11
UK Regulator Warns Soccer Clubs Over Unauthorized Crypto Sponsorship Deals
The FCA has warned Premier League clubs that partnerships with unlicensed crypto firms could expose fans to unregulated trading platforms.
More:
Price data by In brief The Financial Conduct Authority has sent letters to Premier League clubs warning about sponsorships with unauthorized crypto and trading platforms. These firms may be breaching UK financial services laws by operating without proper authorization, the FCA said.
TL;DR:
The FCA has warned Premier League clubs that partnerships with unlicensed crypto firms could expose fans to unregulated trading platforms.
Cointelegraph
Jun 3, 11:04
Trezor says Safe 7 chip flaw found by Ledger does not put funds at risk
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure.
TL;DR:
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure.
Theblock
Jun 3, 11:02
Revolut’s US bank to offer stablecoin services alongside FDIC-insured products: Reuters
Revolut U.S. CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.
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Revolut’s US bank to offer stablecoin services alongside FDIC-insured products: Reuters. Revolut U.S. CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.
TL;DR:
CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.
Cointelegraph
Jun 3, 10:48
Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
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Reviewed by Allen Scott , Staff Editor. More than $1.58 billion in long positions were liquidated, with Bitcoin accounting for $774.2 million of that total. Ether (ETH) followed with $440 million in long liquidations.
TL;DR:
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
Coindesk
Jun 3, 10:41
Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days
The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.
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Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days. The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.
TL;DR:
stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.
Theblock
Jun 3, 10:35
Crypto industry launches PAC focused on software developer safeguards as elections near
A new cryptocurrency-focused PAC has emerged, this time with an exclusive focus on software developers as midterm elections quickly approach.
TL;DR:
A new cryptocurrency-focused PAC has emerged, this time with an exclusive focus on software developers as midterm elections quickly approach.
Theblock
Jun 3, 10:27
Tether launching tokenized gold Visa card with XAUT rewards
The card will operate on the Visa network, enabling users to spend fiat at merchant stores worldwide where Visa cards are accepted.
TL;DR:
The card will operate on the Visa network, enabling users to spend fiat at merchant stores worldwide where Visa cards are accepted.
Coindesk
Jun 3, 10:19
UK's financial watchdog cracks down on Premier League crypto partnerships
The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.
More:
Companies not listed on the FCA's crypto register are allowed to advertise in the U.K. Kraken is on the FCA's registry of authorized crypto firms (through parent company Payward). The FCA said it has written directly to Premier League clubs to warn them about unauthorized crypto companies and remind them of their responsibilities to their fans.
TL;DR:
The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.
Cointelegraph
Jun 3, 10:16
Bitcoin has hit 'max fear' below $67K as analysis sees BTC price rebound
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks.
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Reviewed by Allen Scott , Staff Editor. Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Source: Alternative.me Fear & Greed uses a basket of indicators to produce a normalized sentiment gauge for crypto between one and a hundred.
TL;DR:
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks.
Theblock
Jun 3, 10:05
IREN plants flag in Australia with its first data center campus to serve Asia-Pacific AI demand
The announcement comes days after IREN secured $3.65 billion in financing to support its Microsoft AI contract.
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IREN plants flag in Australia with its first data center campus to serve Asia-Pacific AI demand. The announcement comes days after IREN secured $3.65 billion in financing to support its Microsoft AI contract.
TL;DR:
The announcement comes days after IREN secured $3.65 billion in financing to support its Microsoft AI contract.
Coindesk
Jun 3, 10:04
Trezor says your crypto is safe after Ledger audit exposes a hardware flaw
The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equipment and advanced expertise to exploit.
More:
Trezor says your crypto is safe after Ledger audit exposes a hardware flaw. The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equipment and advanced expertise to exploit.
TL;DR:
The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equipment and advanced expertise to exploit.
Theblock
Jun 3, 09:54
Variant raises $222 million fund targeting early stage crypto, AI startups that expand ‘autonomy’
Variant founder Jesse Walden said the firm is targeting firms that expand autonomy, including in permissionless and agentic finance sectors.
TL;DR:
Variant founder Jesse Walden said the firm is targeting firms that expand autonomy, including in permissionless and agentic finance sectors.
Cryptoslate
Jun 3, 09:42
Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower. Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.8 billion in liquidations […] The post Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000 appeared first on CryptoSlate .
More:
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower. Data from CryptoSlate showed that the largest cryptocurrency fell to as low as $65,404 over the past day, triggering $1.
TL;DR:
Bitcoin’s aggressive break below $70,000 has shifted the market from a debate over dip-buying to a more defensive question of how far traders now need to insure against the next leg lower.
Coindesk
Jun 3, 09:12
DeFi won't win over big banks until it fixes its hacking problem, executives say
Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.
More:
DeFi won't win over big banks until it fixes its hacking problem, executives say. Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.
TL;DR:
Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.
Coindesk
Jun 3, 09:00
Banks' survey says people don't want to rock the boat if stablecoin yield risks lending
The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.
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Banks' survey says people don't want to rock the boat if stablecoin yield risks lending. The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.
TL;DR:
The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.
Theblock
Jun 3, 08:47
House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth
A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA to revise rules.
More:
House of Lords committee urges UK regulators to ease stablecoin rules that could stifle market growth. A UK House of Lords committee warned that Britain lags the U.S. and the EU on stablecoins, calling on the BoE and FCA to revise rules.
TL;DR:
A UK House of Lords committee warned that Britain lags the U.S.
Theblock
Jun 3, 08:30
Kraken to offer tokenized US IPO access for global retail investors via xStocks
Expected in the coming weeks, customers of Kraken and select xStocks partners can register interest in U.S.-listed IPOs before going public.
TL;DR:
Expected in the coming weeks, customers of Kraken and select xStocks partners can register interest in U.S.-listed IPOs before going public.
Theblock
Jun 3, 08:25
Ledger researchers find flaw in chip used by Trezor Safe 7; Trezor says user funds safe
Ledger's Donjon team found a laser-based hardware flaw in the TROPIC01 chip used in the Trezor Safe 7, but Trezor says no funds are at risk.
TL;DR:
Ledger's Donjon team found a laser-based hardware flaw in the TROPIC01 chip used in the Trezor Safe 7, but Trezor says no funds are at risk.
Theblock
Jun 3, 08:00
Grayscale gets behind the hype, launching its HYPG Hyperliquid ETF on Nasdaq
Grayscale entered the ring with its own Hyperliquid linked ETF, setting a new low for fees as competition intensifies among firms.
TL;DR:
Grayscale entered the ring with its own Hyperliquid linked ETF, setting a new low for fees as competition intensifies among firms.
Theblock
Jun 3, 07:06
DOJ, CFTC probe George Santos over Kalshi trades tied to State of the Union appearance: report
DOJ and CFTC are investigating George Santos after Kalshi flagged trades where he allegedly bet against his own State of the Union attendance.
TL;DR:
DOJ and CFTC are investigating George Santos after Kalshi flagged trades where he allegedly bet against his own State of the Union attendance.
Coindesk
Jun 3, 07:04
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.
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Speaking on a panel at the Proof of Talk summit in Paris, Jenny Johnson, CEO of Franklin Templeton, a $1.74 trillion asset manager, openly addressed the industry hesitation to deploy decentralized networks. "It cost us about $1.30 a transaction for 50,000 transactions on the old system. And it cost us about $1.13 to run on the Stellar blockchain."
TL;DR:
Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.
Cointelegraph
Jun 3, 06:58
New York and Europe’s finance watchdogs team up to police stablecoins
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Stephen Katte , Staff Writer. NYDFS said the deal would “enhance the supervision of entities engaged in stablecoin activities, identify market trends and risks, and promote the integrity of the stablecoin market.”
TL;DR:
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.
Theblock
Jun 3, 06:52
Binance winds down centralized NFT service, gives users one month to withdraw assets
Binance is closing its centralized NFT service on July 3, 2026, requiring users to withdraw transferable NFTs or lose access.
TL;DR:
Binance is closing its centralized NFT service on July 3, 2026, requiring users to withdraw transferable NFTs or lose access.
Coindesk
Jun 3, 06:51
Big tech is 'terrified' of AI agents wiping out ad revenue, says Billions Network CEO
Evin McMullen’s view on AI agents disrupting Google’s and Facebook’s business model was previously shared by Cardano Founder Charles Hoskinson and Cloudflare CSO Stephanie Cohen.
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Evin McMullen, co-founder and CEO of Billions Network, told CoinDesk in an interview during the Proof of Talk conference in Paris that tech giants and global telcos are actively scrambling to deal with an impending collapse of their primary revenue engine: display advertising.
TL;DR:
Evin McMullen’s view on AI agents disrupting Google’s and Facebook’s business model was previously shared by Cardano Founder Charles Hoskinson and Cloudflare CSO Stephanie Cohen.
Coindesk
Jun 3, 06:23
Prediction market traders bet bitcoin's selloff has further to run
Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.
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On Kalshi , traders currently assign a 66% probability that bitcoin drops below $55,000 this year and a 50% probability of sub-$50,000 prices. On prediction platform Polymarket , traders now give bitcoin only a 30% chance of outperforming gold in 2026. According to data from SoSo Value , traders withdrew $2.4 billion from U.S.
TL;DR:
Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.
Cointelegraph
Jun 3, 06:18
Bitcoin falls below $66K as US and Iran launch new strikes
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Martin Young , Staff Writer. More than 90% of them were long positions, primarily in Bitcoin and Ether (ETH).
TL;DR:
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.
Cointelegraph
Jun 3, 06:12
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Brayden Lindrea , Staff Writer. The Treasury said on Tuesday that it added crypto exchanges Wallex, Bitpin and Ramzinex to the Office of Foreign Assets Control’s sanction list, prohibiting US businesses and persons from providing services to those platforms.
TL;DR:
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.
Coindesk
Jun 3, 05:51
Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. 5 crash
The jump signals return of fear after two months of calm market sentiment.
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Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. The jump signals return of fear after two months of calm market sentiment.
TL;DR:
The jump signals return of fear after two months of calm market sentiment.
Theblock
Jun 3, 05:39
UK regulator warns soccer clubs over sponsorship deals with unauthorized crypto firms
The FCA instructed clubs to ensure they understand the source of sponsorship funds and assess financial crime and reputational risks.
More:
UK regulator warns soccer clubs over sponsorship deals with unauthorized crypto firms. The FCA instructed clubs to ensure they understand the source of sponsorship funds and assess financial crime and reputational risks.
TL;DR:
The FCA instructed clubs to ensure they understand the source of sponsorship funds and assess financial crime and reputational risks.
Coindesk
Jun 3, 05:15
Bullish XRP signals are piling up. The price keeps falling.
XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.
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None of that stopped XRP from losing another support level this week, which is usually a sign that technical selling is overwhelming longer-term accumulation. • More than 25 million XRP left exchanges in recent days, reducing the amount of readily available supply for sale. • Crypto investment products continued attracting fresh capital, with roughly $1.
TL;DR:
XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.
Coindesk
Jun 3, 05:00
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%
The single biggest unwind was a $59.67 million BTC-USDT long on HTX.
More:
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%. The single biggest unwind was a $59.67 million BTC-USDT long on HTX.
TL;DR:
The single biggest unwind was a $59.67 million BTC-USDT long on HTX.
Theblock
Jun 3, 04:57
Mastercard expands stablecoin settlement options with USDC, PYUSD and RLUSD
Mastercard expanded settlement to USDC, PYUSD, and RLUSD, enabling intraday, weekend, and holiday card settlement across its payments network.
TL;DR:
Mastercard expanded settlement to USDC, PYUSD, and RLUSD, enabling intraday, weekend, and holiday card settlement across its payments network.
Cointelegraph
Jun 3, 04:31
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.
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Reviewed by Jesse Coghlan , Staff Editor. “The crypto market is brutal right now,” Hougan wrote in a market note on Tuesday. “One major reason is that crypto is no longer the belle of the ball.
TL;DR:
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.
Coindesk
Jun 3, 04:28
Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records
BTC plunged 6.4% to a 24-hour low of $65,708 and ether broke below $1,900 in Asian trading on Wednesday, just hours after the MSCI All Country World Index set a fresh all-time high on the AI rally.
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Bitcoin BTC $ 66,347.90 plunged to a low of $65,708 in Asian morning trading on Wednesday, down 6.4% in 24 hours and 12.3% on the week, as a broad crypto market sell-off accelerated overnight against the sharpest possible backdrop of global equity strength.
TL;DR:
BTC plunged 6.4% to a 24-hour low of $65,708 and ether broke below $1,900 in Asian trading on Wednesday, just hours after the MSCI All Country World Index set a fresh all-time high on the AI rally.
Coindesk
Jun 3, 04:00
Mastercard expands on-chain settlement in bet on stablecoins and always-on finance
The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement as well as on-chain settlement using regulated sta…
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The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement as well as on-chain settlement using regulated stablecoins. While the announcement may appear technical, it reflects a broader shift underway in financial markets.
TL;DR:
The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money.
Theblock
Jun 3, 03:49
Cardano’s Charles Hoskinson warns of ‘wave of failures’ after TapTools wind-down
TapTools is set to wind down after leadership exits as Charles Hoskinson warns of a wave of Cardano ecosystem failures ahead.
TL;DR:
TapTools is set to wind down after leadership exits as Charles Hoskinson warns of a wave of Cardano ecosystem failures ahead.
Decrypt
Jun 3, 03:31
Microsoft Reveals '1,000x More Reliable' Quantum Chip as Bitcoin Threat Draws Nearer
Microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin's cryptography.
More:
Price data by In brief Microsoft said its new Majorana 2 quantum chip is 1,000 times more reliable than its previous generation and could help bring scalable quantum computing by 2029. Artificial intelligence is helping accelerate quantum computing breakthroughs as researchers race to build machines that could one day challenge the cryptography securing Bitcoin and much of the…
TL;DR:
Microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin's cryptography.
Cointelegraph
Jun 3, 02:45
Cardano’s TapTools to wind down after 5 execs exit
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform.
More:
Reviewed by Jesse Coghlan , Staff Editor. Written by Brayden Lindrea , Staff Writer. Reviewed by Jesse Coghlan , Staff Editor.
TL;DR:
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform.
Coindesk
Jun 3, 02:44
Bitcoin's slide to $67,000 is accelerating a shift into digital dollars
The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.
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Bitcoin has dropped about 12% over the past week to around $66,800, pulling the broader crypto market lower with it, CoinDesk data show. Bitcoin’s dominance rate, or its share of the total crypto market, has fallen to 58.5%, reversing gains that had pushed it as high as 61.2% in April and early May. Bitcoin isn’t alone in the sell-off.
TL;DR:
The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.
Theblock
Jun 3, 02:04
Bitcoin briefly dips below $66,000 as ETF outflows, geopolitical fears weigh on crypto
Analysts said the market continues to assess geopolitical uncertainty alongside Strategy's recent bitcoin sale.
More:
Bitcoin briefly dips below $66,000 as ETF outflows, geopolitical fears weigh on crypto. Analysts said the market continues to assess geopolitical uncertainty alongside Strategy's recent bitcoin sale.
TL;DR:
Analysts said the market continues to assess geopolitical uncertainty alongside Strategy's recent bitcoin sale.
Decrypt
Jun 3, 01:22
Cardsmiths' New America250 Trading Cards Have Real Bitcoin, Dogecoin Up for Grabs
Cardsmiths’ latest Currency trading card series tackles American history—and some packs include codes for real Bitcoin, Ethereum, and more.
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Price data by In brief Cardsmiths and America250 launched Currency Series 6, a 120+ card collection honoring the U.S. While the American theme is new, Currency Series 6 continues the trend of previous Cardsmiths collections by randomly inserting crypto redemption cards, which are redeemable for Bitcoin , Ethereum , Litecoin , or Dogecoin .
TL;DR:
Cardsmiths’ latest Currency trading card series tackles American history—and some packs include codes for real Bitcoin, Ethereum, and more.
Cointelegraph
Jun 3, 00:01
UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Christina Comben , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.
Theblock
Jun 2, 23:42
Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials
The Blockchain Association is also set to organize a virtual town hall on Thursday to discuss the legislation.
More:
Blockchain Association urges Senate to pass Clarity Act with letter from 160 former security officials. The Blockchain Association is also set to organize a virtual town hall on Thursday to discuss the legislation.
TL;DR:
The Blockchain Association is also set to organize a virtual town hall on Thursday to discuss the legislation.
Coindesk
Jun 2, 23:25
Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder
Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.
More:
Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder. Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.
TL;DR:
Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.
Bbc
Jun 2, 23:02
Puffin and bumblebee among 18 creatures shortlisted to feature on banknotes
The Bank of England is asking the public which animals should appear on future banknotes.
More:
Puffin and bumblebee among 18 creatures shortlisted to feature on banknotes. The Bank of England is asking the public which animals should appear on future banknotes.
TL;DR:
The Bank of England is asking the public which animals should appear on future banknotes.
Coindesk
Jun 2, 23:01
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
More:
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions. The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
TL;DR:
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
Decrypt
Jun 2, 22:55
US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing
The Treasury's Office of Foreign Assets Control accused the platforms of enabling illicit finance activities across Iran's crypto ecosystem.
More:
Price data by In brief The U.S. Wallex, Iran's second-largest digital asset exchange by volume, received 12% of Iranian digital asset inflows in 2025. Ramzinex, a Tehran-based digital asset exchange founded in 2018, processed over $2.45 billion in transactions.
TL;DR:
The Treasury's Office of Foreign Assets Control accused the platforms of enabling illicit finance activities across Iran's crypto ecosystem.
Cointelegraph
Jun 2, 22:44
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.
More:
US lawmakers push back on Labor Department plans to include crypto in 401(k)s. The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.
TL;DR:
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.
Decrypt
Jun 2, 22:36
As Bitcoin Sinks, It's Time for Ethereum to Outperform: Standard Chartered
Bitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
More:
Price data by In brief Standard Chartered's Geoff Kendrick argues that Strategy's $2.5 million Bitcoin liquidation marked a turning point for Ethereum. After Strategy shaved its stockpile by $2.5 million, Ethereum notched one of its largest price moves against Bitcoin in years, Kendrick wrote.
TL;DR:
Bitcoin is falling following Strategy's first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.
Cointelegraph
Jun 2, 22:17
SEC makes digital assets strategic priority through 2030
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.
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Reviewed by Robert Lakin , Staff Editor. The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling for regulatory clarity around blockchain technology, tokenization and crypto market infrastructure through 2030.
TL;DR:
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.
Coindesk
Jun 2, 21:49
U.S. sanctions Iranian crypto exchanges in ongoing war against the country
OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes.
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The Treasury's Office of Foreign Asset Control announced that Nobitex, Wallex, Bitpin and Ramzinex, as well as some of these exchanges' executives, were being added to its global Specially Designated Nationals list, barring any U.S.
TL;DR:
OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes.
Cointelegraph
Jun 2, 21:16
Crypto correction vaporized $176B in investor funds: Are bears back in control?
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?
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Crypto correction vaporized $176B in investor funds: Are bears back in control?. Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?
TL;DR:
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level.
Cointelegraph
Jun 2, 21:06
Crypto PACs pour $3M into Maryland races as California voters head to polls
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.
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Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.
Decrypt
Jun 2, 20:43
Strategy Shares Fall for Second Straight Day After $56 Billion Bitcoin Giant Sells BTC
Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.
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Price data by In brief Shares in Strategy (MSTR) closed down more than 9% on Tuesday, one day after selling Bitcoin for the first time since 2022. Other top crypto firms, like Coinbase (COIN) and BitMine (BMNR), also saw their shares fall as crypto prices declined.
TL;DR:
Shares in the leading Bitcoin treasury firm Strategy (MSTR) are now more than 70% off their 52-week high after the company sold BTC.
Coindesk
Jun 2, 20:09
Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.
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Ethena announced Tuesday that it partnered with Coinbase to expand onchain finance and savings offerings, with the first initiative scheduled to launch next week. The token was up 3% over the past 24 hours despite the broader crypto market pullback. Assets on the protocol swelled to $15 billion by the October market peak, but since then declined to $5.
TL;DR:
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.
Cointelegraph
Jun 2, 20:09
Coinbase invests in ProShares ETF tailored for stablecoin reserve assets
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.
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Reviewed by Robert Lakin , Staff Editor. Written by Sam Bourgi , Staff Writer. Coinbase (COIN) announced Tuesday that it made an undisclosed investment in the ProShares GENIUS Money Market ETF (IQMM), which is designed to hold assets that qualify as reserves for payment stablecoins under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
TL;DR:
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.
Decrypt
Jun 2, 20:00
Bernie Sanders, Elizabeth Warren Urge Labor Department to Drop Bitcoin, Crypto 401K Plan
The senators said a plan allowing fiduciaries to offer exposure to riskier assets like crypto and private equity would hurt retirees and personally benefit President Trump.
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Price data by In brief Bernie Sanders and Elizabeth Warren urged the Labor Department to drop a proposal to make it easier to offer crypto and other alternative assets in 401(k) plans. The lawmakers also said the policy could enrich President Donald Trump and his family by expanding access to crypto products tied to him and his family.
TL;DR:
The senators said a plan allowing fiduciaries to offer exposure to riskier assets like crypto and private equity would hurt retirees and personally benefit President Trump.
Cointelegraph
Jun 2, 19:28
Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen: Bitwise
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.
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Reviewed by Ray Salmond , Staff Editor. Written by Biraajmaan Tamuly , Staff Writer. New reporting from Bitwise suggests that Bitcoin's (BTC) undervaluation could expand if investors' concerns over sovereign debt deepen.
TL;DR:
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.
Coindesk
Jun 2, 19:17
Galaxy enters institutional prediction markets with $10 million Arca trade
The digital asset firm launched OTC prediction markets trading for institutions and completed a $10 million trade tied to U.S. crypto legislation with hedge fund Arca.
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The digital asset firm launched OTC prediction markets trading for institutions and completed a $10 million trade tied to U.S. crypto legislation with hedge fund Arca.
TL;DR:
The digital asset firm launched OTC prediction markets trading for institutions and completed a $10 million trade tied to U.S.
Decrypt
Jun 2, 19:15
Where Does Bitcoin Go From Here? This Is What the Charts Say
Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish.
More:
Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish.
TL;DR:
Bitcoin just had its worst day since April.
Decrypt
Jun 2, 19:04
New York’s Crypto Watchdog Teams With EU to Police Stablecoins
The New York Department of Financial Services and European Banking Authority said they'll work together to oversee stablecoins.
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Price data by In brief The NYDFS and EBA said they are committed to sharing information that could help police stablecoins under memorandum of understanding. New York’s preeminent crypto regulator has charted a transatlantic path toward comprehensive stablecoin rules, aligning regulatory efforts on Tuesday with the European Union.
TL;DR:
The New York Department of Financial Services and European Banking Authority said they'll work together to oversee stablecoins.
Coindesk
Jun 2, 18:42
Tom Lee predicts ether will hit $250,000 as corporate validators take over network control
The Bitmine chairman said DeFi and AI could push the Ethereum network's value into the multi-trillion range, making current prices “future optionality at a discount”.
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Tom Lee predicts ether will hit $250,000 as corporate validators take over network control. The Bitmine chairman said DeFi and AI could push the Ethereum network's value into the multi-trillion range, making current prices “future optionality at a discount”.
TL;DR:
The Bitmine chairman said DeFi and AI could push the Ethereum network's value into the multi-trillion range, making current prices “future optionality at a discount”.
Coindesk
Jun 2, 18:42
Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.
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In a Tuesday report , K33 Research head Vetle Lunde said bitcoin's weakness reflects fading institutional demand, heavy ETF outflows and growing vulnerabilities in derivatives markets. Bitcoin has failed to reclaim its 200-day moving average while the Nasdaq and S&P 500 continue setting record highs. That rotation is evident in bitcoin ETF flows.
TL;DR:
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.
Decrypt
Jun 2, 18:24
As Strategy Sells Bitcoin, Strive Doubles Down With $4.2 Billion Offering
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
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Price data by In brief Benchmark-StoneX initiated a "Buy" rating on Strive, praising its “nimble” debt-free framework and preferred stock. Strive expanded its holdings to 19,000 BTC ($1.3 billion) and announced plans to increase an issuance program by $4.2 billion.
TL;DR:
Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.
Decrypt
Jun 2, 18:08
President Trump Signs AI Executive Order After Delaying It Over China Concerns
Trump's executive order creates a voluntary framework for reviewing advanced AI models, expands AI-powered cybersecurity efforts, and more.
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Price data by In brief President Donald Trump signed an executive order aimed at strengthening U.S. President Donald Trump on Tuesday signed an executive order aimed at strengthening U.S. cybersecurity with advanced artificial intelligence while expanding cooperation between federal agencies and leading AI companies.
TL;DR:
Trump's executive order creates a voluntary framework for reviewing advanced AI models, expands AI-powered cybersecurity efforts, and more.
Cryptoslate
Jun 2, 18:05
Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, […] The post Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market appeared first on CryptoSlate .
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Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market. Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings.
TL;DR:
On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin, […] The post Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market appeared first on CryptoSlate .
Cointelegraph
Jun 2, 17:54
Bitcoin gets new $50K target after BTC price crashes 6% in a day
4.58% TRX $0.3381 2.20% LINK $8.61 4.84% ZEC $606.99 9.63% ADA $0.2182 5.47% XRP $1.23 5.16% ETH $1,922 3.30% BTC $67,554 5.74% XMR $336.48 7.44% BNB $666.10 3.29% XLM $0.2206 16.15% SOL $76.65 5.
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Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Continuing a grim divergence from other risk assets, Bitcoin collapsed as the S&P 500 set yet another all-time high.
TL;DR:
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.
Cointelegraph
Jun 2, 17:39
CFTC chair claims Gemini case was politically motivated, seeks to reverse $5M settlement
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
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Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. While the Selig acknowledged that he is a political appointee nominated by US President Donald Trump, he claimed that the recently reported staff cuts targeted people “engaging in lawfare.”
TL;DR:
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.
Cointelegraph
Jun 2, 17:26
Movement expands stablecoin payments push with access to US, Canada, EU rails
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
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4.58% TRX $0.3381 2.21% LINK $8.61 4.89% ZEC $604.84 9.16% ADA $0.218 5.54% XRP $1.23 5.19% ETH $1,921 3.35% BTC $67,515 5.81% XMR $335.64 7.71% BNB $665.81 3.38% XLM $0.2207 15.81% SOL $76.59 5.28% HYPE $72.25 0.81% Written by Sam Bourgi , Staff Writer. Reviewed by Robert Lakin , Staff Editor. Written by Sam Bourgi , Staff Writer.
TL;DR:
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
Decrypt
Jun 2, 17:11
Bitcoin Miner Hive Reports Revenue Surge as It Bets on Powering AI Boom
Hive mined nearly 2,900 Bitcoin last year and is now racing to build what it calls Canada's largest private AI data center.
TL;DR:
Hive mined nearly 2,900 Bitcoin last year and is now racing to build what it calls Canada's largest private AI data center.
Theblock
Jun 2, 16:50
US sanctions Nobitex and other Iranian crypto exchanges under ‘Economic Fury’ campaign
Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S. Treasury.
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US sanctions Nobitex and other Iranian crypto exchanges under ‘Economic Fury’ campaign. Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S.
TL;DR:
Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S.
Decrypt
Jun 2, 16:31
Will Strategy's Peers Dump Bitcoin Now? Not so Fast, Analysts Say
Crypto analysts say investors should look closely at each company's financial situation rather than expecting a cascade of incoming sales.
TL;DR:
Crypto analysts say investors should look closely at each company's financial situation rather than expecting a cascade of incoming sales.
Coindesk
Jun 2, 16:15
Bitcoin faces an 'identity crisis' and DeFi devs need to stop acting like tech bros
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
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Bitcoin faces an 'identity crisis' and DeFi devs need to stop acting like tech bros. Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
TL;DR:
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
Coindesk
Jun 2, 16:02
Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report
TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.
TL;DR:
TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.
Theblock
Jun 2, 15:46
Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining its dominant share.
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Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges. The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining its dominant share.
TL;DR:
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining its dominant share.
Decrypt
Jun 2, 15:35
Bitcoin Traders Flip Bearish as BTC Falls to Lowest Price in Months
Myriad predictors think it's increasingly likely that Bitcoin's next stop is $55,000 rather than $84,000 as BTC continues its slide.
TL;DR:
Myriad predictors think it's increasingly likely that Bitcoin's next stop is $55,000 rather than $84,000 as BTC continues its slide.
Theblock
Jun 2, 15:28
Bitwise CIO Matt Hougan calls crypto a ‘contrarian bet’
Growing AI stocks and uncertainty around the Clarity Act have put crypto in a tough spot for institutional investors, Hougan said.
TL;DR:
Growing AI stocks and uncertainty around the Clarity Act have put crypto in a tough spot for institutional investors, Hougan said.
Coindesk
Jun 2, 15:11
Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
TL;DR:
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Cryptoslate
Jun 2, 15:10
Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour
Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since […] The post Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour appeared first on CryptoSlate .
More:
Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move.
TL;DR:
Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move.
Cointelegraph
Jun 2, 15:02
Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
TL;DR:
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Yahoo Finance
Jun 2, 14:57
Will Options Kill DeFi Liquidations? Vitalik Buterin Makes the Case - Yahoo Finance
Will Options Kill DeFi Liquidations? Vitalik Buterin Makes the Case Yahoo Finance
TL;DR:
Will Options Kill DeFi Liquidations?
Cointelegraph
Jun 2, 14:43
Kaiko acquires Amberdata in blockchain data consolidation push
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
TL;DR:
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
Decrypt
Jun 2, 14:24
Andrew Yang's Noble Acquires Crypto-Fueled Helium Mobile Service
Crypto-powered cell service Helium Mobile has been acquired by Andrew Yang's Noble, which will also utilize the underlying Helium network.
TL;DR:
Crypto-powered cell service Helium Mobile has been acquired by Andrew Yang's Noble, which will also utilize the underlying Helium network.
Cointelegraph
Jun 2, 14:14
HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
TL;DR:
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
Coindesk
Jun 2, 14:08
How to better understand bitcoin’s perpetual identity crisis
Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.
TL;DR:
Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.
Theblock
Jun 2, 14:06
Ethena taps Anchorage for secure offchain collateral in institutional lending push
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.
TL;DR:
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.
Cryptoslate
Jun 2, 14:05
Why a $150M Polymarket bet could pay the side that appeared to lose
A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings. The dispute centers on a fundamental disconnect between when an event occurs and when it is publicly disclosed, exposing […] The post Why a $150M Polymarket bet could pay the side that appeared to lose appeared first on CryptoSlate .
More:
A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings.
TL;DR:
A nearly $150 million prediction market has devolved into chaos after the platform Polymarket moved to deny payouts to traders who accurately predicted that corporate treasury firm Strategy would sell a portion of its Bitcoin holdings.
Cointelegraph
Jun 2, 14:04
How high can NEAR price go in June?
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
TL;DR:
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
Cointelegraph
Jun 2, 13:48
Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
TL;DR:
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
Coindesk
Jun 2, 13:30
Franklin Templeton teams up with MoonPay to let big investors swap stablecoins for yields 24/7
The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
TL;DR:
The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
Theblock
Jun 2, 13:29
Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
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Coinbase invests in Ethena via open market purchase of ENA, flags new partnership. Ethena said the two companies have also become partners "to grow onchain finance and savings products."
TL;DR:
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
Cointelegraph
Jun 2, 13:27
MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
TL;DR:
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
Decrypt
Jun 2, 13:25
Mt. Gox Moves $739M in Bitcoin as Repayment Deadline Looms
The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.
TL;DR:
The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.
Coindesk
Jun 2, 13:14
Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says
ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank's digital asset research head said.
TL;DR:
ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank's digital asset research head said.
Coindesk
Jun 2, 13:00
Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
TL;DR:
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
Cointelegraph
Jun 2, 12:59
EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
More:
EdgeX blames ‘external party’ for token crash as ZachXBT alleges insider manipulation. Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
TL;DR:
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
Decrypt
Jun 2, 12:52
NEAR, Worldcoin Post Double-Digit Gains as Market Sees $714M in Liquidations
While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
More:
NEAR, Worldcoin Post Double-Digit Gains as Market Sees $714M in Liquidations. While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
TL;DR:
While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
Coindesk
Jun 2, 12:38
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
More:
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play. Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
TL;DR:
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
Theblock
Jun 2, 12:37
Sens. Bernie Sanders, Elizabeth Warren push Labor Dept. to scrap proposed rule that brings crypto into 401(k) plans
Sens. Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.
TL;DR:
Warren and Sanders are pressing the DOL to strike down a proposed rule that would open up 401(k) retirement plans to crypto.
Cointelegraph
Jun 2, 12:35
Capital B seeks $122B funding mandate to buy more Bitcoin
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
TL;DR:
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
Coindesk
Jun 2, 12:35
Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
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Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it. DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
TL;DR:
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Cryptoslate
Jun 2, 12:35
Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls
At 10 a.m. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move. This is due to a long […] The post Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls appeared first on CryptoSlate .
More:
Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls. ET on Tuesday, the Bureau of Labor Statistics releases its Job Openings and Labor Turnover Survey for April, and a market that spent years branding Bitcoin as an escape hatch from central banks now hangs on whatever the numbers imply about the Federal Reserve's next move.
TL;DR:
This is due to a long […] The post Bitcoin faces first jobs-week test as US job openings data arrives before Friday payrolls appeared first on CryptoSlate .
Coindesk
Jun 2, 12:23
Strive added 2,500 bitcoin last week to reach 19,000 BTC as Strategy sold
Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.
TL;DR:
Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.
Coindesk
Jun 2, 12:14
Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.
TL;DR:
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.
Decrypt
Jun 2, 12:14
Morning Minute: Saylor Sells Bitcoin for First Time Since 2022
Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.
TL;DR:
Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.
Coindesk
Jun 2, 12:12
Bitcoin derivatives markets flashing warning signs as price plunges below $70,000
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
TL;DR:
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
Coindesk
Jun 2, 12:05
Tom Lee calls Strategy's bitcoin sale classic 'bottom behavior'
Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.
TL;DR:
Bitmine Immersion Technologies chairman said minor sales from key holders and institutional outflows are typical market bottom behaviors rather than structural threats.
Coindesk
Jun 2, 12:00
Symbiotic aims to make tokenized assets easier to cash out with new liquidity network
Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.
TL;DR:
Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.
Coindesk
Jun 2, 11:50
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
TL;DR:
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Coindesk
Jun 2, 11:15
Bitcoin's slide may have more to do with AI than Strategy
Bitcoin BTC $ 69,382.91 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S.
More:
Bitcoin's slide may have more to do with AI than Strategy. Spot bitcoin ETF suffered an 11th straight day of net outflows and Strategy (MSTR), the largest corporate holder of bitcoin, said it sold 32 BTC for $2.5 million.
TL;DR:
Bitcoin BTC $ 69,382.91 slipped below $70,000 for the first time in two months, leaving cryptocurrency markets vulnerable ahead of a week of important U.S.
Cryptoslate
Jun 2, 11:12
Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path
From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin's weekly chart is now […] The post Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path appeared first on CryptoSlate .
More:
Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path. From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026.
TL;DR:
According to analyst and Real Vision affiliate James Easton, Bitcoin's weekly chart is now […] The post Bitcoin’s $300K gold pattern now depends on whether Iran’s oil shock rewrites the Fed path appeared first on CryptoSlate .
Cointelegraph
Jun 2, 11:09
Bitcoin back in ‘distribution phase’ as extreme fear grips crypto market
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
TL;DR:
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Cointelegraph
Jun 2, 11:07
Crypto treasury inflows fall to lowest level since 2024
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
TL;DR:
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
Theblock
Jun 2, 10:48
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
TL;DR:
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
Theblock
Jun 2, 10:32
Strive adds 2,500 BTC to treasury as Saylor’s Strategy sells
In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."
More:
Strive adds 2,500 BTC to treasury as Saylor’s Strategy sells. In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."
TL;DR:
In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."
Coindesk
Jun 2, 10:00
Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend
The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
TL;DR:
The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
Theblock
Jun 2, 09:55
Standard Chartered says Strategy’s bitcoin sale may mark start of ETH outperformance
Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.
TL;DR:
Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.
Theblock
Jun 2, 09:48
‘Materially softer demand’: Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest
Bitcoin fell below $69,000 to a two-month low as ETF outflows hit $3.45 billion over 11 days, along with $742 million in liquidations.
TL;DR:
Bitcoin fell below $69,000 to a two-month low as ETF outflows hit $3.45 billion over 11 days, along with $742 million in liquidations.
Cryptoslate
Jun 2, 09:45
Bitcoin starts its first gapless CME week as the market searches for a new signal
CME Group's cryptocurrency futures and options have been trading continuously since 4:00 p.m. CT on May 29, making this the first full trading week without the classic weekend CME gap. Over the inaugural 48 hours, over 7,200 contracts changed hands, representing roughly $50 million in notional value, enough to confirm that institutional demand for weekend […] The post Bitcoin starts its first gapless CME week as the market searches for a new signal appeared first on CryptoSlate .
More:
Bitcoin starts its first gapless CME week as the market searches for a new signal. CT on May 29, making this the first full trading week without the classic weekend CME gap. Over the inaugural 48 hours, over 7,200 contracts changed hands, representing roughly $50 million in notional value, enough to confirm that institutional demand for weekend […] The post Bitcoin starts its…
TL;DR:
CME Group's cryptocurrency futures and options have been trading continuously since 4:00 p.m.
Cointelegraph
Jun 2, 09:35
Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.
TL;DR:
Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.
Theblock
Jun 2, 09:30
Franklin Templeton brings BENJI tokenized fund to MoonPay
The partnership will serve as "the foundation for a broader strategic relationship between Franklin Templeton and MoonPay."
TL;DR:
The partnership will serve as "the foundation for a broader strategic relationship between Franklin Templeton and MoonPay."
Theblock
Jun 2, 09:12
Galaxy Digital opens OTC prediction market trading for institutions, kicks off with $10 million Kalshi trade
Galaxy Digital launches institutional OTC prediction markets trading, executing a $10M Clarity Act trade with Arca on Kalshi at launch.
TL;DR:
Galaxy Digital launches institutional OTC prediction markets trading, executing a $10M Clarity Act trade with Arca on Kalshi at launch.
Theblock
Jun 2, 09:06
HIVE reports 158% jump in annual revenue to $298 million as bitcoin holdings fall to 150 BTC
The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining revenue fell 23.9%.
TL;DR:
The company reduced its bitcoin holdings from 481 BTC to 150 BTC during the last quarter, while its bitcoin mining revenue fell 23.9%.
Theblock
Jun 2, 09:05
Backpack launches securities platform blending traditional and tokenized stock trading
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
TL;DR:
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
Coindesk
Jun 2, 09:00
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.
TL;DR:
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.
Theblock
Jun 2, 09:00
Hamilton Lane’s tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain
Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on TRON.
TL;DR:
Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on TRON.
Theblock
Jun 2, 09:00
Following token-dumping scandal, Movement seeks new life as a Layer 1
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocuses on emerging markets.
TL;DR:
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocuses on emerging markets.
Cointelegraph
Jun 2, 08:55
Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.
TL;DR:
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.
Cryptoslate
Jun 2, 07:57
Strategy sold 32 BTC to pay dividends – But the real risk is what happens if it has to sell more Bitcoin
Bitcoin price has hit $70,000 after Strategy, the world's largest publicly traded corporate holder of the top crypto, sold a portion of its BTC treasury for the first time since 2022. Data from CryptoSlate showed that BTC's price dropped 4% on the news to as low as $69,690 before recovering to $70,120 as of press […] The post Strategy sold 32 BTC to pay dividends – But the real risk is what happens if it has to sell more Bitcoin appeared first on CryptoSlate .
More:
Bitcoin price has hit $70,000 after Strategy, the world's largest publicly traded corporate holder of the top crypto, sold a portion of its BTC treasury for the first time since 2022. Data from CryptoSlate showed that BTC's price dropped 4% on the news to as low as $69,690 before recovering to $70,120 as of press […] The post Strategy sold 32 BTC to pay dividends – But the rea…
TL;DR:
Bitcoin price has hit $70,000 after Strategy, the world's largest publicly traded corporate holder of the top crypto, sold a portion of its BTC treasury for the first time since 2022.
Theblock
Jun 2, 07:05
Veda brings the vault stack behind Kraken DeFi Earn to Privy’s 2,000-plus developer teams
The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for developers building on Privy.
TL;DR:
The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for developers building on Privy.
Cointelegraph
Jun 2, 07:00
Insurance giant WTW moves into crypto asset recovery with Redefind buy
The global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs.
More:
Redefind is a crypto insurance platform that allows individuals and institutions to purchase coverage for digital assets held across different custody arrangements. The service is designed as a non-custodial insurance product for digital asset owners and will initially launch in the United Kingdom, with broader market expansion planned.
TL;DR:
The global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs.
Cointelegraph
Jun 2, 06:55
Robinhood enters Canada after $180 million WonderFi acquisition
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
TL;DR:
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
Theblock
Jun 2, 06:49
MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for cross-border payments.
TL;DR:
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for cross-border payments.
Coindesk
Jun 2, 06:47
Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.
TL;DR:
spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.
Coindesk
Jun 2, 06:41
XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors
XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.
More:
XRP falls 4% below $1.30 as bitcoin-led market weakness pulls down majors. XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.
TL;DR:
XRP hit fresh 15-week lows after losing a key support zone, with exchange outflows failing to offset persistent selling pressure.
Theblock
Jun 2, 06:31
Vitalik Buterin proposes options-based synthetic assets to avoid liquidations and reduce reliance on real-time oracles
Buterin proposed options-based synthetic assets that avoid liquidation risk and rely on slow oracles instead of real-time price feeds.
TL;DR:
Buterin proposed options-based synthetic assets that avoid liquidation risk and rely on slow oracles instead of real-time price feeds.
Coindesk
Jun 2, 06:15
Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears
The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt. Gox cold storage into a freshly generated address, with a smaller 116-bitcoin slice routed to the defunct exchange's hot wallet.
More:
Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears. The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt. Gox cold storage into a freshly generated address, with a smaller 116-bitcoin slice routed to the defunct exchange's hot wallet.
TL;DR:
The 04:47 UTC Bitcoin block 952,072 transaction moved coins from Mt.
Theblock
Jun 2, 06:14
Polymarket faces backlash over disputed Strategy bitcoin sale market
Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.
TL;DR:
Polymarket is facing continued backlash from traders who bet on "Yes" in a market asking whether Strategy would sell any bitcoin by May 31.
Cointelegraph
Jun 2, 06:11
Bitcoin falls to 2-month low as divergence to equities deepens
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
TL;DR:
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.”
Cointelegraph
Jun 2, 05:48
Grayscale HYPE ETF ‘likely imminent’ as new update shows competitive fee: Analyst
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
TL;DR:
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart.
Coindesk
Jun 2, 05:09
Bitcoin slide to $70,000 as stocks pause and Strategy's BTC sale weighs on crypto
BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.
TL;DR:
BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.
Theblock
Jun 2, 05:06
CME’s 24/7 crypto derivatives market sees $50 million in opening weekend trading
CME Group said that its 24/7 crypto futures and options market saw over 7,200 contracts traded over the first weekend.
TL;DR:
CME Group said that its 24/7 crypto futures and options market saw over 7,200 contracts traded over the first weekend.
Coindesk
Jun 2, 05:00
Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.
A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.
More:
Strategy sold bitcoin in late May, and told the market in June. Here's how Polymarket bettors are fighting over when it counts.. A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.
TL;DR:
A $79 million market hinges not on whether Michael Saylor's firm sold bitcoin, but on whether a sale disclosed June 1 can count toward a deadline that passed May 31.
Cointelegraph
Jun 2, 04:03
Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strength
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
More:
Bitmine buys $52M ETH as Tom Lee says price not yet showing Ethereum’s strength. Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
TL;DR:
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
Cointelegraph
Jun 2, 03:44
Strategy’s Bitcoin sale causes clash for $80M in Polymarket bets
A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.
TL;DR:
A clash has erupted among Polymarket users over the timing and disclosure of a recent Bitcoin sale by Strategy, with more than $80 million traded on the disputed outcome.
Theblock
Jun 2, 02:49
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
TL;DR:
Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Theblock
Jun 2, 01:47
Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May
Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.
More:
Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May. Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.
TL;DR:
Dampened hopes for an improved macroeconomic environment have led institutions to move from crypto ETFs to AI stocks, an analyst said.
Cointelegraph
Jun 2, 01:25
DeFi protocol Radiant to wind down after failing to recover from 2024 hack
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.
TL;DR:
Radiant says its frontend and smart contracts will remain accessible and users will still be able to withdraw, repay, and manage their positions.
Theblock
Jun 2, 00:05
Bitcoin slides toward $70,000 as Strategy’s BTC sale, geopolitical risks weigh on crypto
Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.
More:
Bitcoin slides toward $70,000 as Strategy’s BTC sale, geopolitical risks weigh on crypto. Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.
TL;DR:
Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.
Cointelegraph
Jun 1, 22:54
Bitcoin bulls eye fresh positions after BTC price drops under $71K
Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.
TL;DR:
Selling from all angles pushed Bitcoin below $71,000 at the weekly open, but early bullish positioning in BTC derivatives may signal the start of a recovery.
Theblock
Jun 1, 21:59
Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
TL;DR:
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
Cointelegraph
Jun 1, 21:51
Dogecoin gains Paxos support in push for broader institutional adoption
The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.
TL;DR:
The integration gives fintech and institutional platforms a new pathway to evaluate DOGE amid signs of slowing crypto adoption.
Cointelegraph
Jun 1, 21:40
Debate on CLARITY Act continues this week as US Senate returns
Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials.
TL;DR:
Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials.
Decrypt
Jun 1, 21:32
TON Price Pumps After Telegram CEO Says Token Will Be Rebranded to Gram
Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name.
TL;DR:
Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name.
Decrypt
Jun 1, 21:11
Elon Musk's SpaceX Warns $1.75 Billion IPO Investors of Potential Future Share Dilution
SpaceX's amended IPO filing signals the company may issue substantial new shares in future transactions as Elon Musk expands its ambitions.
TL;DR:
SpaceX's amended IPO filing signals the company may issue substantial new shares in future transactions as Elon Musk expands its ambitions.
Decrypt
Jun 1, 21:02
Trump’s Business Partner Teases Future Meme Coin Plans: 'We’re The Biggest Brand on Earth'
Bill Zanker, a longtime Trump associate, will take the top 19 holders of the president’s meme coin to the World Cup Finals next month—and has plans for ongoing exclusive events.
TL;DR:
Bill Zanker, a longtime Trump associate, will take the top 19 holders of the president’s meme coin to the World Cup Finals next month—and has plans for ongoing exclusive events.
Coindesk
Jun 1, 20:48
Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills
The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.
TL;DR:
The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.
Cointelegraph
Jun 1, 20:34
Bitcoin volatility is down 56% but analysts still expect up to 20% BTC price move
Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain.
TL;DR:
Bitcoin’s sharp volatility decline coincides with a 114-day trading range, setting the stage for a potential 10% to 20% price move, but the direction remains uncertain.
Decrypt
Jun 1, 19:58
Strategy's Bitcoin Sale Timing Throws $50 Million Polymarket Bet Into Dispute
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
TL;DR:
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
Decrypt
Jun 1, 19:33
Kalshi Eyes Perpetual Futures for XRP, Solana, Dogecoin—And These Altcoins
Kalshi moved swiftly to lock down an emerging market for perpetual futures in the U.S., filing to certify a slate of altcoin offerings
TL;DR:
Kalshi moved swiftly to lock down an emerging market for perpetual futures in the U.S., filing to certify a slate of altcoin offerings
Cryptoslate
Jun 1, 19:15
XRP’s 15-week low puts ETF inflows to the spot-market test
XRP is giving traders a contradiction that separates flow data from actual market control. The token has been trading around the low-$1.30s after hitting its weakest level in roughly 15 weeks, even as two data points bulls often treat as supportive moved in the other direction. Spot XRP ETFs have continued to attract money, with […] The post XRP’s 15-week low puts ETF inflows to the spot-market test appeared first on CryptoSlate .
More:
XRP’s 15-week low puts ETF inflows to the spot-market test. The token has been trading around the low-$1.30s after hitting its weakest level in roughly 15 weeks, even as two data points bulls often treat as supportive moved in the other direction.
TL;DR:
XRP is giving traders a contradiction that separates flow data from actual market control.
Cointelegraph
Jun 1, 18:33
Japan’s ruling party pushes crypto ETFs, yen-denominated stablecoins
The Parliamentary Association for the Promotion of Blockchain delivered recommendations to Japan’s finance minister on crypto and blockchain.
TL;DR:
The Parliamentary Association for the Promotion of Blockchain delivered recommendations to Japan’s finance minister on crypto and blockchain.
Decrypt
Jun 1, 18:21
Sell Coinbase Before Derivatives Squeeze Crypto Giant, Says Compass Point
Compass Point analysts reiterated a bearish $140 price target for Coinbase, warning of fierce competition in the derivatives space.
TL;DR:
Compass Point analysts reiterated a bearish $140 price target for Coinbase, warning of fierce competition in the derivatives space.
Cointelegraph
Jun 1, 18:20
Strategy's BTC sale turns Bitcoin treasury into market stress test
Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.
TL;DR:
Strategy’s 32 BTC transaction has sparked debate over how investors value Bitcoin treasury companies as capital structure and liquidity considerations evolve.
Coindesk
Jun 1, 17:59
Crypto funds suffer second-largest outflows of 2026 while XRP and HYPE attract inflows
Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.
TL;DR:
Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares.
Cointelegraph
Jun 1, 17:48
Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade
Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked.
TL;DR:
Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked.
Coindesk
Jun 1, 17:25
Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying
With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.
More:
Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying. With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.
TL;DR:
With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.
Coindesk
Jun 1, 17:06
It's not 2022 anymore: What Strategy's first bitcoin sale can (and can't) tell us about this one
Michael Saylor's Strategy has evolved into a far more complex bitcoin-finance machine since it last sold BTC three and half years ago.
More:
It's not 2022 anymore: What Strategy's first bitcoin sale can (and can't) tell us about this one. Michael Saylor's Strategy has evolved into a far more complex bitcoin-finance machine since it last sold BTC three and half years ago.
TL;DR:
Michael Saylor's Strategy has evolved into a far more complex bitcoin-finance machine since it last sold BTC three and half years ago.
Cryptoslate
Jun 1, 17:05
Cardano just canceled is 2026 Summit – exposing the power and risk of its governance vetos
Cardano's 2026 Summit in Singapore is off after the network's treasury governance process failed to approve funding for it. The official event page now says the Summit will not take place on Oct. 5-6 as previously announced. The cause is governance: Cardano Foundation said treasury-funded initiatives are subject to community vote, and the community decided not to proceed with […] The post Cardano just canceled is 2026 Summit – exposing the power and risk of its governance vetos appeared first on CryptoSlate .
More:
Cardano just canceled is 2026 Summit – exposing the power and risk of its governance vetos. The official event page now says the Summit will not take place on Oct. The cause is governance: Cardano Foundation said treasury-funded initiatives are subject to community vote, and the community decided not to proceed with […] The post Cardano just canceled is 2026 Summit – exposing…
TL;DR:
Cardano's 2026 Summit in Singapore is off after the network's treasury governance process failed to approve funding for it.
Coindesk
Jun 1, 17:01
Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.
TL;DR:
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather than the debt-based structures that underpin much of DeFi today.
Decrypt
Jun 1, 16:25
Tom Lee's BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin
A week after notching its largest purchase of 2026, BitMine was back in the order books, accumulating more Ethereum.
TL;DR:
A week after notching its largest purchase of 2026, BitMine was back in the order books, accumulating more Ethereum.
Coindesk
Jun 1, 16:06
Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin
Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions
TL;DR:
Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions
Coindesk
Jun 1, 15:45
Strategy sparks panic with bitcoin sale, but analysts say it was 'immaterial'
The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.
TL;DR:
The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.
Cryptoslate
Jun 1, 15:45
Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself
A whitehat and HongCoin's original multisig used a preserved overflow bug to reopen refunds trapped since 2016. The post Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself appeared first on CryptoSlate .
More:
Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself. A whitehat and HongCoin's original multisig used a preserved overflow bug to reopen refunds trapped since 2016. The post Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself appeared first on CryptoSlate .
TL;DR:
The post Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself appeared first on CryptoSlate .
Decrypt
Jun 1, 15:44
Strategy Shares Slide Following Bitcoin Sale—Will It Dump More BTC Ahead?
Strategy sold Bitcoin, sparking jitters among investors and raising questions among analysts toward the prospect of future sales.
More:
Strategy Shares Slide Following Bitcoin Sale—Will It Dump More BTC Ahead?. Strategy sold Bitcoin, sparking jitters among investors and raising questions among analysts toward the prospect of future sales.
TL;DR:
Strategy sold Bitcoin, sparking jitters among investors and raising questions among analysts toward the prospect of future sales.
Cointelegraph
Jun 1, 15:44
Are Ethereum OGs jumping ship? Here's what the data says
Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses.
TL;DR:
Long-term whales have cashed out millions of dollars from Ethereum following the recent sell-off, potentially putting ETH at risk of further losses.
Theblock
Jun 1, 15:33
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 exploit.
TL;DR:
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 exploit.
Decrypt
Jun 1, 15:32
Whitehat Helps Recover $2M in ETH Stuck Since 2016 ICO
A whitehat developer helped return funds from HongCoin's failed 2016 token sale after a bug left investor refunds frozen for nine years.
TL;DR:
A whitehat developer helped return funds from HongCoin's failed 2016 token sale after a bug left investor refunds frozen for nine years.
Decrypt
Jun 1, 15:19
Sui Blames Last Week's Trio of Network Outages on Gas and Validator Bugs
The Sui blockchain suffered three separate failures in 48 hours due to gas calculation bugs and validator synchronization issues.
TL;DR:
The Sui blockchain suffered three separate failures in 48 hours due to gas calculation bugs and validator synchronization issues.
Coindesk
Jun 1, 14:49
Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.
More:
Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket. The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.
TL;DR:
The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1.
Cointelegraph
Jun 1, 14:42
Hyperliquid's HYPE breakout puts $100 price target in play
HYPE has entered the breakout stage of its prevailing bull pennant setup with an upside target near $105, with strong fundamentals backing the bullish case.
TL;DR:
HYPE has entered the breakout stage of its prevailing bull pennant setup with an upside target near $105, with strong fundamentals backing the bullish case.
Decrypt
Jun 1, 14:33
Binance Opens Access to 7,000 US Stocks, Prepares Tokenized 'bStocks' Rollout
Binance opened equities trading and previewed "bStocks," with experts split over whether tokenization unlocks growth or layers on new risk.
TL;DR:
Binance opened equities trading and previewed "bStocks," with experts split over whether tokenization unlocks growth or layers on new risk.
Theblock
Jun 1, 14:32
TON revives Gram token brand as Telegram CEO Durov says network is ‘returning to roots’
The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.
More:
TON revives Gram token brand as Telegram CEO Durov says network is ‘returning to roots’. The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.
TL;DR:
The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.
Decrypt
Jun 1, 14:24
Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year
Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
TL;DR:
Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.
Theblock
Jun 1, 14:09
Grayscale sets 0.29% fee for its Hyperliquid ETF, undercutting Bitwise and 21Shares
Grayscale is set to launch its own Hyperliquid exchange-traded fund as soon as this week, setting a sponsor fee of 0.29%.
TL;DR:
Grayscale is set to launch its own Hyperliquid exchange-traded fund as soon as this week, setting a sponsor fee of 0.29%.
Cryptoslate
Jun 1, 14:05
Trader turns $2,480 into $12 million after holding Binance memecoin for 8 months
A memecoin trader turned a $2,480 bet into more than $12 million, creating one of the sector’s rare breakout winners at a time when the broader memecoin market is collapsing. On-chain analyst Ember CN reported June 1 that the trader bought Binance Life, also known as BianRensheng, within half an hour of its deployment and […] The post Trader turns $2,480 into $12 million after holding Binance memecoin for 8 months appeared first on CryptoSlate .
More:
A memecoin trader turned a $2,480 bet into more than $12 million, creating one of the sector’s rare breakout winners at a time when the broader memecoin market is collapsing. On-chain analyst Ember CN reported June 1 that the trader bought Binance Life, also known as BianRensheng, within half an hour of its deployment and […] The post Trader turns $2,480 into $12 million after…
TL;DR:
A memecoin trader turned a $2,480 bet into more than $12 million, creating one of the sector’s rare breakout winners at a time when the broader memecoin market is collapsing.
Decrypt
Jun 1, 14:02
Morning Minute: HYPE Soars as CFTC Gives Perps Green Light
Kalshi got the formal approval, but it's Hyperliquid that caught the most buzz with a massive move over the weekend.
TL;DR:
Kalshi got the formal approval, but it's Hyperliquid that caught the most buzz with a massive move over the weekend.
Cointelegraph
Jun 1, 13:50
Strategy sells 32 BTC in first Bitcoin sale since 2022; Stock falls on open
The world's largest public Bitcoin holder reduced its stash to 843,706 BTC, while raising $128.3 million through Class A stock sales.
TL;DR:
The world's largest public Bitcoin holder reduced its stash to 843,706 BTC, while raising $128.3 million through Class A stock sales.
Coindesk
Jun 1, 13:38
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.
TL;DR:
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.
Bbc
Jun 1, 13:12
Wise under investigation over money laundering control concerns
Wise says it is working with the Brussels prosecutor's office but that "no specific findings have been shared with us to date".
TL;DR:
Wise says it is working with the Brussels prosecutor's office but that "no specific findings have been shared with us to date".
Coindesk
Jun 1, 12:55
Bitmine slows ether purchase pace, buying $53 million worth last week
The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.
TL;DR:
The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.
Cointelegraph
Jun 1, 12:40
Crypto meets Wall Street: MEXC unveils 'RealStocks' with 0-fee U.S. equity trading and real dividends
MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of 'RealStocks.'
More:
Crypto meets Wall Street: MEXC unveils 'RealStocks' with 0-fee U.S. equity trading and real dividends. MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of 'RealStocks.'
TL;DR:
MEXC, a leading 0-fee cross-asset trading platform, today announced the official launch of 'RealStocks.'
Theblock
Jun 1, 12:40
Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.
TL;DR:
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million in trading volume.
Cryptoslate
Jun 1, 12:30
A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell
Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT). While the transaction has sparked intense debate on Wall Street, an analysis from NYDIG suggests the sale was a targeted, urgent retreat by a […] The post A mystery whale paid $30 million to exit BlackRock Bitcoin ETF before the market fell appeared first on CryptoSlate .
More:
Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT).
TL;DR:
Last week, an institutional investor executed the largest single off-exchange trade in the history of US spot Bitcoin exchange-traded funds, offloading a $1.26 billion position in BlackRock’s iShares Bitcoin Trust (IBIT).
Coindesk
Jun 1, 12:29
Live markets: bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years
Crypto markets continue to struggle even as risk markets across the globe surge higher.
More:
Live markets: bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years. Crypto markets continue to struggle even as risk markets across the globe surge higher.
TL;DR:
Crypto markets continue to struggle even as risk markets across the globe surge higher.
Decrypt
Jun 1, 12:22
Michael Saylor's Bitcoin Treasury Firm Strategy Sells 32 BTC for $2.5M
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
TL;DR:
Bitcoin tumbled to $72,000 Monday as news of the BTC treasury firm's about-face on its "never sell" stance broke.
Coindesk
Jun 1, 12:07
Strategy sold 32 BTC for $2.5 million in late May, filing shows
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
TL;DR:
The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.
Cointelegraph
Jun 1, 11:50
Bitcoin ETPs post largest 2026 outflow as crypto funds bleed $1.67B
Crypto ETPs see $1.67 billion in outflows as the US dominates selling, Bitcoin funds log a record 2026 exit, and altcoin participation narrows sharply across markets, according to CoinShares.
TL;DR:
Crypto ETPs see $1.67 billion in outflows as the US dominates selling, Bitcoin funds log a record 2026 exit, and altcoin participation narrows sharply across markets, according to CoinShares.
Decrypt
Jun 1, 11:46
Bitcoin ETF Losses Near $3B Across 10 Days as YTD Flows Turn Negative
U.S. spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.
TL;DR:
spot Bitcoin ETFs extended their outflow streak to 10 days, as crypto markets contend with multiple simultaneous headwinds.
Cointelegraph
Jun 1, 11:30
Binance adds US stock trading in push beyond crypto
Binance launched US equities trading for eligible users and plans tokenized stocks as crypto exchanges expand into broader financial markets.
TL;DR:
Binance launched US equities trading for eligible users and plans tokenized stocks as crypto exchanges expand into broader financial markets.
Cointelegraph
Jun 1, 11:21
ECB official says stablecoins risk importing old market flaws
ECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance.
TL;DR:
ECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance.
Coindesk
Jun 1, 11:15
Bitcoin remains under pressure as ETF outflows, higher oil prices weigh on crypto markets
Bitcoin BTC $ 71,694.71 and most major cryptocurrencies remained under pressure as record outflows from U.S.
More:
Bitcoin remains under pressure as ETF outflows, higher oil prices weigh on crypto markets. spot bitcoin ETFs, renewed inflation worries from higher oil prices and weakening retail demand kept digital assets from joining Wall Street’s AI-led rally.
TL;DR:
Bitcoin BTC $ 71,694.71 and most major cryptocurrencies remained under pressure as record outflows from U.S.
Decrypt
Jun 1, 11:11
Coinbase Launches Direct Indian Rupee Deposit and Withdrawal Rails
The U.S. exchange has established direct rupee trading rails for Indian customers after securing regulatory clearance.
More:
The U.S. exchange has established direct rupee trading rails for Indian customers after securing regulatory clearance.
TL;DR:
exchange has established direct rupee trading rails for Indian customers after securing regulatory clearance.
Cryptoslate
Jun 1, 11:05
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the total stablecoin supply. The continent is among the world's most active users of stablecoins, and almost none of them are based on the euro. That gap was one of the main talking points of a consequential meeting in Nicosia, […] The post Europe is actively trying to stop the dollar stablecoin takeover appeared first on CryptoSlate .
More:
Europe is actively trying to stop the dollar stablecoin takeover. The continent is among the world's most active users of stablecoins, and almost none of them are based on the euro. That gap was one of the main talking points of a consequential meeting in Nicosia, […] The post Europe is actively trying to stop the dollar stablecoin takeover appeared first on CryptoSlate .
TL;DR:
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the total stablecoin supply.
Coindesk
Jun 1, 10:46
Cardano Summit 2026 canceled after community votes against Foundation funding proposal
The Cardano Foundation's flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain's new governance system.
TL;DR:
The Cardano Foundation's flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain's new governance system.
Coindesk
Jun 1, 10:37
Strategy holds STRC dividend at 11.5% for fourth straight month
The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.
TL;DR:
The preferred stock remains near its $100 par value as the company balances yield stability, ATM issuance capacity, and its bitcoin acquisition strategy.
Theblock
Jun 1, 10:29
Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum’s total supply
Bitmine Chairman Tom Lee said the company would reach its 5% acquisition target of Ethereum's total supply "sometime in 2026."
TL;DR:
Bitmine Chairman Tom Lee said the company would reach its 5% acquisition target of Ethereum's total supply "sometime in 2026."
Theblock
Jun 1, 10:25
IREN lands $3.65 billion A-rated financing for Microsoft AI buildout
The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
More:
IREN lands $3.65 billion A-rated financing for Microsoft AI buildout. The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
TL;DR:
The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
CoinDesk
Jun 1, 10:06
BTC, ETH prices drop even as futures show growing taste for risk. XLM, HYPE gain: Crypto Markets Today - CoinDesk
BTC, ETH prices drop even as futures show growing taste for risk. XLM, HYPE gain: Crypto Markets Today CoinDesk
TL;DR:
BTC, ETH prices drop even as futures show growing taste for risk.
Coindesk
Jun 1, 10:04
Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain
Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.
More:
Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.
TL;DR:
Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns.
Coindesk
Jun 1, 10:02
Bitcoin and software stocks are breaking up — and history says a major crypto move is coming
Bitcoin and software equities have sharply diverged after moving in lockstep for years, raising questions over whether bitcoin will eventually catch up.
TL;DR:
Bitcoin and software equities have sharply diverged after moving in lockstep for years, raising questions over whether bitcoin will eventually catch up.
Decrypt
Jun 1, 10:01
What Is BChat? The Decentralized Messaging App Built for Privacy
Built on the Beldex Network, BChat aims to solve the weaknesses of relying solely on end-to-end encryption (E2EE) for private messaging.
TL;DR:
Built on the Beldex Network, BChat aims to solve the weaknesses of relying solely on end-to-end encryption (E2EE) for private messaging.
Bbc
Jun 1, 09:47
EasyJet says possible takeover bid 'opportunistic'
US investment firm Castlelake says it is considering an offer for the budget airline.
TL;DR:
US investment firm Castlelake says it is considering an offer for the budget airline.
Cointelegraph
Jun 1, 09:45
Coinbase launches rupee bank rails in India after FIU nod
Coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures trading.
TL;DR:
Coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures trading.
News
Jun 1, 09:03
Why easyJet is attracting takeover interest
There is not even a deal on the table but there is little surprise in the City that easyJet has become the latest big UK name to face takeover interest.
TL;DR:
There is not even a deal on the table but there is little surprise in the City that easyJet has become the latest big UK name to face takeover interest.
Cointelegraph
Jun 1, 08:56
Trump says Iran will 'work out well:' Five things to know in Bitcoin this week
Bitcoin price headed below $72,000 on Iran woes as US president Donald Trump told observes to "sit back and relax" with the ceasefire still absent.
TL;DR:
Bitcoin price headed below $72,000 on Iran woes as US president Donald Trump told observes to "sit back and relax" with the ceasefire still absent.
Cryptoslate
Jun 1, 08:53
Aave now has a regulated path from bank accounts to DeFi lending. The hard part is keeping users there
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. received FCA registration as cryptoasset exchange providers, layered on top of the group's existing Electronic Money Institution authorization. Combined with the MiCAR CASP license that Push Virtual Assets Ireland Limited secured from the Central Bank of Ireland […] The post Aave now has a regulated path from bank accounts to DeFi lending. The hard part is keeping users there appeared first on CryptoSlate .
More:
Aave now has a regulated path from bank accounts to DeFi lending. Combined with the MiCAR CASP license that Push Virtual Assets Ireland Limited secured from the Central Bank of Ireland […] The post Aave now has a regulated path from bank accounts to DeFi lending. The hard part is keeping users there appeared first on CryptoSlate .
TL;DR:
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd.
Coindesk
Jun 1, 08:50
U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead
Your look at what's coming in the week starting June 1.
More:
Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead. Your look at what's coming in the week starting June 1.
TL;DR:
Your look at what's coming in the week starting June 1.
Theblock
Jun 1, 08:49
Bitcoin weakens near $72K as ETF outflows, stalled whale buying and macro uncertainty weigh on prices: analysts
Bitcoin fell toward $72,000 as U.S. spot ETFs posted weekly outflows again amid Iran risk-off and weak whale demand.
More:
Bitcoin weakens near $72K as ETF outflows, stalled whale buying and macro uncertainty weigh on prices: analysts. Bitcoin fell toward $72,000 as U.S. spot ETFs posted weekly outflows again amid Iran risk-off and weak whale demand.
TL;DR:
Bitcoin fell toward $72,000 as U.S.
Theblock
Jun 1, 08:09
Michael Saylor’s Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
More:
Michael Saylor’s Strategy sells 32 bitcoin for $2.5 million as total holdings drop to 843,706 BTC. Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
TL;DR:
Strategy's remaining holdings still account for more than 4% of the 21 million bitcoin supply cap — worth around $61 billion.
Theblock
Jun 1, 07:50
US-based funds drive $1.7B in global crypto ETP outflows as redemption streak extends to three weeks: CoinShares
Global crypto ETP outflows hit $1.67 billion last week as Bitcoin products recorded their biggest weekly outflow of the year.
More:
US-based funds drive $1.7B in global crypto ETP outflows as redemption streak extends to three weeks: CoinShares. Global crypto ETP outflows hit $1.67 billion last week as Bitcoin products recorded their biggest weekly outflow of the year.
TL;DR:
Global crypto ETP outflows hit $1.67 billion last week as Bitcoin products recorded their biggest weekly outflow of the year.
Cointelegraph
Jun 1, 07:09
NYDIG suggests $1.3B IBIT sale was whale exiting directional trade
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.
TL;DR:
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.
Cointelegraph
Jun 1, 07:00
Bitwise completes takeover of Superstate's $259M crypto carry fund
The transition gives the asset manager control of a tokenized fund that combines crypto carry trades with Treasury and digital asset exposure.
TL;DR:
The transition gives the asset manager control of a tokenized fund that combines crypto carry trades with Treasury and digital asset exposure.
Cointelegraph
Jun 1, 07:00
Anchorage rolls out platform to reduce crypto trading counterparty risk
The crypto bank's new CMS platform lets institutions trade on crypto venues while keeping assets in regulated custody and reducing pre-funded accounts.
TL;DR:
The crypto bank's new CMS platform lets institutions trade on crypto venues while keeping assets in regulated custody and reducing pre-funded accounts.
Coindesk
Jun 1, 06:57
Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030
Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.
More:
Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030. Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.
TL;DR:
Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S.
Coindesk
Jun 1, 06:52
Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years
0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.
More:
Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years. 0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.
TL;DR:
0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors.
Theblock
Jun 1, 06:48
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
More:
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
TL;DR:
stock and ETF trading for non-U.S.
Cointelegraph
Jun 1, 06:48
Sui Foundation says ‘major upgrade’ fixed bugs behind three outages
The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third.
TL;DR:
The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third.
Cointelegraph
Jun 1, 06:40
Crypto exploit losses in May fall 90% over month to $68M: CertiK
CertiK says May is the third month so far in 2026 to record crypto losses under $100 million.
TL;DR:
CertiK says May is the third month so far in 2026 to record crypto losses under $100 million.
Cointelegraph
Jun 1, 06:24
Cardano Foundation cancels annual conference after failed funding vote
Cardano Foundation has failed at its second attempt to secure funding from Cardano’s community to fund its annual conference.
TL;DR:
Cardano Foundation has failed at its second attempt to secure funding from Cardano’s community to fund its annual conference.
Theblock
Jun 1, 06:14
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an exploit.
TL;DR:
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an exploit.
Coindesk
Jun 1, 05:41
XRP drops to $1.32 as sellers overpower exchange outflows
XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
TL;DR:
XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
Coindesk
Jun 1, 05:38
Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers
The Sui Foundation's post-mortem published Sunday traces all three outages to interactions between a new address-balance feature shipped in the v1.72 release and the network's existing gas and consensus logic.
TL;DR:
The Sui Foundation's post-mortem published Sunday traces all three outages to interactions between a new address-balance feature shipped in the v1.72 release and the network's existing gas and consensus logic.
Bbc
Jun 1, 05:13
Home care workers face fuel cost spike fears
Home care workers must be paid for their mileage and travel time, a Sheffield-based carer says.
TL;DR:
Home care workers must be paid for their mileage and travel time, a Sheffield-based carer says.
Coindesk
Jun 1, 05:11
Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI
U.S. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil's bounce on the stalled Iran deal added pressure even as global equities hit new highs on the Nvidia and SoftBank AI trade.
More:
Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI. spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record. Oil's bounce on the stalled Iran deal added pressure even as global equities hit new highs on the Nvidia and SoftBank AI trade.
TL;DR:
spot bitcoin ETFs lost $2.97 billion across 10 trading days through Friday, the longest outflow streak on record.
Bbc
Jun 1, 05:09
Election 2026: Child poverty a 'huge red flag'
The children's commissioner says child poverty in Jersey "is a big red flag" for the community.
TL;DR:
The children's commissioner says child poverty in Jersey "is a big red flag" for the community.
Coindesk
Jun 1, 05:04
Aave overhauls listing standards after $230 Million rsETH exploit exposed bridge risks
An official postmortem traced the exploit to a LayerZero bridge verification failure and outlined a sweeping overhaul of Aave's asset-listing standards as DeFi risks shift beyond smart contract bugs.
TL;DR:
An official postmortem traced the exploit to a LayerZero bridge verification failure and outlined a sweeping overhaul of Aave's asset-listing standards as DeFi risks shift beyond smart contract bugs.
Theblock
Jun 1, 04:49
Digital euro is key to counter stablecoin risks, says ECB’s Schnabel
Isabel Schnabel, an ECB board member, said Monday that central banks should respond to stablecoin risks with strong regulation and CBDCs.
TL;DR:
Isabel Schnabel, an ECB board member, said Monday that central banks should respond to stablecoin risks with strong regulation and CBDCs.
Cointelegraph
Jun 1, 04:22
Wintermute to bring liquidity to booming prediction markets sector
Wintermute says it will provide “two-sided markets across event contracts on leading venues,” but did not specify what platforms it was trading on.
TL;DR:
Wintermute says it will provide “two-sided markets across event contracts on leading venues,” but did not specify what platforms it was trading on.
Cointelegraph
Jun 1, 02:21
White hat hacker recovers $2M from faulty 2016 ICO smart contract
A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.
TL;DR:
A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.
Theblock
Jun 1, 01:11
Coinbase launches Indian rupee rails with perps access in expansion push
The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the country.
TL;DR:
The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the country.
Bbc
Jun 1, 00:33
Put a £5 deposit on vapes to stop littering, say waste companies
The industry body for waste companies says a refundable deposit would help boost vape recycling, but others disagree.
TL;DR:
The industry body for waste companies says a refundable deposit would help boost vape recycling, but others disagree.
Bbc
Jun 1, 00:24
A year of grief and waiting: What remains when a plane falls from the sky
A year after the Air India crash, a mother still speaks about her dead son in the present tense and a brother waits for answers.
TL;DR:
A year after the Air India crash, a mother still speaks about her dead son in the present tense and a brother waits for answers.
News
Jun 1, 00:01
Two more children's sand kits withdrawn from sale over asbestos content
Two more children's sand kits have been removed from sale after testing found they contained asbestos.
TL;DR:
Two more children's sand kits have been removed from sale after testing found they contained asbestos.
Theblock
May 31, 23:33
The Funding: How crypto hedge funds are navigating weak markets
As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.
TL;DR:
As crypto markets remain weak, fund managers say asset selection, fundamentals, and alpha matter more than ever.
Coindesk
May 31, 23:30
Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch
Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.
More:
Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch. Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.
TL;DR:
Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.
Bbc
May 31, 23:19
Caribbean hot sauce producers warn of shortages and higher prices
Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.
More:
Caribbean hot sauce producers warn of shortages and higher prices. Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.
TL;DR:
Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.
Bbc
May 31, 23:16
Why is Lidl opening a pub?
The debate about about what seems like a bizarre idea of having a cold pint after exploring the store's well known middle aisle.
TL;DR:
The debate about about what seems like a bizarre idea of having a cold pint after exploring the store's well known middle aisle.
Cointelegraph
May 31, 21:11
US, UK central bankers offer contrary views on stablecoins
Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.
TL;DR:
Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.
24/7 Wall St.
May 31, 20:48
Is Solana or XRP the Real Ethereum Killer? - 24/7 Wall St.
Is Solana or XRP the Real Ethereum Killer? 24/7 Wall St.
TL;DR:
Is Solana or XRP the Real Ethereum Killer?
Cointelegraph
May 31, 20:00
Strategy's Michael Saylor teases BTC buy with 'working better' tweet
Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.
TL;DR:
Strategy could be set to announce it has resumed buying Bitcoin after pausing in recent weeks as the biggest crypto looks poised to close out the month down more than 3.5%.
Coindesk
May 31, 19:41
A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
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A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor. NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
TL;DR:
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
Cryptoslate
May 31, 19:05
UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia
Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions. And according to British authorities, Russia may have spent much of that same period engineering an alternative financial system designed to circumvent it […] The post UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia appeared first on CryptoSlate .
More:
Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions.
TL;DR:
Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions.
Coindesk
May 31, 18:30
How the House Financial Services Committee is taking on tokenization: State of Crypto
Rep. French Hill, head of the House Financial Services Committee, weighed in on outstanding policy issues in an interview with CoinDesk last month.
TL;DR:
French Hill, head of the House Financial Services Committee, weighed in on outstanding policy issues in an interview with CoinDesk last month.
Cointelegraph
May 31, 17:40
Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks
In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."
TL;DR:
In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."
Theblock
May 31, 17:34
Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth nearly $200,000 at current prices.
More:
Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit. The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth nearly $200,000 at current prices.
TL;DR:
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth nearly $200,000 at current prices.
Cryptoslate
May 31, 17:10
Revealing the moment crypto started reshaping American elections
Less than four years after the collapse of FTX triggered calls for a sweeping crackdown, the crypto industry has emerged as one of the fastest-growing forces in American politics, spending millions across both parties, reshaping key elections, and transforming itself from a regulatory target into a powerful new political machine. In 2022, Washington's dominant question […] The post Revealing the moment crypto started reshaping American elections appeared first on CryptoSlate .
More:
Revealing the moment crypto started reshaping American elections. Less than four years after the collapse of FTX triggered calls for a sweeping crackdown, the crypto industry has emerged as one of the fastest-growing forces in American politics, spending millions across both parties, reshaping key elections, and transforming itself from a regulatory target into a powerful new…
TL;DR:
In 2022, Washington's dominant question […] The post Revealing the moment crypto started reshaping American elections appeared first on CryptoSlate .
Coindesk
May 31, 17:00
How Stellar became part of DTCC's tokenization push for Wall Street securities onchain
Wall Street's clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said.
TL;DR:
Wall Street's clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said.
Theblock
May 31, 16:46
Sui traces three mainnet halts to upgrade bugs, including a fix it knew carried halt risk
The Sui Foundation said no user funds were at risk and credited AI agents with speeding up its diagnosis of the incidents.
More:
Sui traces three mainnet halts to upgrade bugs, including a fix it knew carried halt risk. The Sui Foundation said no user funds were at risk and credited AI agents with speeding up its diagnosis of the incidents.
TL;DR:
The Sui Foundation said no user funds were at risk and credited AI agents with speeding up its diagnosis of the incidents.
Cointelegraph
May 31, 16:39
Bitcoin preps 3% May downside, but US PMI data may boost BTC price
Bitcoin faced ending May lower by around 3%, with the possibility of US PMI data giving BTC price action a boost next week.
TL;DR:
Bitcoin faced ending May lower by around 3%, with the possibility of US PMI data giving BTC price action a boost next week.
Decrypt
May 31, 15:49
How President Trump’s Immigration Order Will Feed the Stablecoin Economy, Bitcoin ATMs
When the Trump family faced pressure from banks, it embraced crypto. Now, immigrants who are in the U.S. illegally face a similar choice.
More:
How President Trump’s Immigration Order Will Feed the Stablecoin Economy, Bitcoin ATMs. When the Trump family faced pressure from banks, it embraced crypto. illegally face a similar choice.
TL;DR:
When the Trump family faced pressure from banks, it embraced crypto.
Cryptoslate
May 31, 15:05
How a disputed $1 billion claim became a powerful weapon against prediction markets
On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA moved fast to make a headline out of it, with President Bill Miller going on CNBC to warn […] The post How a disputed $1 billion claim became a powerful weapon against prediction markets appeared first on CryptoSlate .
More:
On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA moved fast to make a headline out of it, with President Bill Miller going on CNBC to warn […] The post How a disputed $1 billion claim beca…
TL;DR:
On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets.
Coindesk
May 31, 15:00
The institutional edge: moomoo targets Wall Street-grade trading tools for retail crypto investors
The brokerage giant says the future of investing won’t be defined by asset access alone but by the quality of tools investors get.
More:
The institutional edge: moomoo targets Wall Street-grade trading tools for retail crypto investors. The brokerage giant says the future of investing won’t be defined by asset access alone but by the quality of tools investors get.
TL;DR:
The brokerage giant says the future of investing won’t be defined by asset access alone but by the quality of tools investors get.
Cryptoslate
May 31, 13:30
New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet
Headline PCE inflation has been confirmed to have risen 3.8% in April year-on-year, its hottest pace in two years and nearly double the Federal Reserve's 2% goal, while core PCE held at 3.3%, its highest reading since October 2023. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected. […] The post New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet appeared first on CryptoSlate .
More:
New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet. The monthly numbers ran cooler, with core easing to 0.2% against the 0.3% economists had expected. […] The post New US inflation report leaves Bitcoin with a problem the Fed cannot solve yet appeared first on CryptoSlate .
TL;DR:
Headline PCE inflation has been confirmed to have risen 3.8% in April year-on-year, its hottest pace in two years and nearly double the Federal Reserve's 2% goal, while core PCE held at 3.3%, its highest reading since October 2023.
Coindesk
May 31, 13:00
Bitcoin's wild days are over — and Trace Mayer says that's a good thing
The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.
More:
Bitcoin's wild days are over — and Trace Mayer says that's a good thing. The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.
TL;DR:
The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.
Cointelegraph
May 31, 12:39
Bitcoin price targets $78K as BTC holders defend 'strongest near-term support'
Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.
TL;DR:
Bitcoin’s bounce from a key holder cost-basis level has improved the case for further upside, with historical data pointing to $101,000 as a potential best-case target.
Cryptoslate
May 31, 12:05
The US says it grabbed Iran’s crypto in a $1B seizure – will it end up in Trump’s Bitcoin Reserve?
reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve framework Bessent added the authorities “just outright grabbed the wallets,” with CBS reporting he also described the assets as money […] The post The US says it grabbed Iran’s crypto in a $1B seizure – will it end up in Trump’s Bitcoin Reserve? appeared first on CryptoSlate .
TL;DR:
reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve framework Bessent added the authorities “just outright grabbed the wallets,” with CBS reporting he also described the assets as money […] The post The US says it grabbed Iran’s crypto in a $1B seizure – will it end up in Trump’s Bitcoin Reserve?
Theblock
May 31, 11:33
Cardano Foundation cancels 2026 summit after treasury funding vote falls just short
The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.
TL;DR:
The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.
Cointelegraph
May 31, 10:03
Vietnam proposes allowing SMEs to use digital assets as loan collateral
Vietnam’s Ministry of Finance has proposed letting SMEs use digital assets, virtual assets and intellectual property as loan collateral.
TL;DR:
Vietnam’s Ministry of Finance has proposed letting SMEs use digital assets, virtual assets and intellectual property as loan collateral.
Cryptoslate
May 31, 09:50
Hyperliquid’s HYPE rally is bigger than a new all-time high
The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume. The HYPE price move came the day after the CFTC approved KalshiEX's BTCPERP contract, the first Bitcoin perpetual futures product cleared […] The post Hyperliquid’s HYPE rally is bigger than a new all-time high appeared first on CryptoSlate .
More:
Hyperliquid’s HYPE rally is bigger than a new all-time high. The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume.
TL;DR:
The HYPE price move came the day after the CFTC approved KalshiEX's BTCPERP contract, the first Bitcoin perpetual futures product cleared […] The post Hyperliquid’s HYPE rally is bigger than a new all-time high appeared first on CryptoSlate .
Cointelegraph
May 31, 08:57
Cosmos-based Gravity Bridge halts bridge after reported $5.4M exploit
Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.
TL;DR:
Gravity Bridge was drained of roughly $5.4 million in a suspected signing key compromise, prompting validators to halt the bridge while an investigation is underway.
Cointelegraph
May 31, 06:02
Bitcoin sentiment reaches most ‘lopsided positive’ ratio for 2026: Santiment
Crypto sentiment platform Santiment warned that the two biggest spikes in social media bullishness around Bitcoin have previously been followed by short-term price pullbacks.
TL;DR:
Crypto sentiment platform Santiment warned that the two biggest spikes in social media bullishness around Bitcoin have previously been followed by short-term price pullbacks.
Cointelegraph
May 31, 05:37
Bitcoin dip buyers curb selling but questionable spot, futures volumes highlight weakness
Bitcoin dip buyers are present near range lows, and new leveraged longs opened in the zone but the volumes lack the size needed to reverse the downtrend.
TL;DR:
Bitcoin dip buyers are present near range lows, and new leveraged longs opened in the zone but the volumes lack the size needed to reverse the downtrend.
Coindesk
May 31, 02:30
XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millions
A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
TL;DR:
A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
News
May 31, 02:04
Former M&S boss drafted in to help ministers tackle NEET crisis
A former chief executive of Marks and Spencer has been appointed by the government to get more than one million young people not in education, employment or training (NEETs) into work.
TL;DR:
A former chief executive of Marks and Spencer has been appointed by the government to get more than one million young people not in education, employment or training (NEETs) into work.
Cointelegraph
May 31, 00:58
Bitcoin is at ‘pivotal level’ as $65K downside risk looms: Analyst
While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”
TL;DR:
While Bitcoin is hovering around $73,000, a crypto trader says the current setup is “different from the previous breakdown in February.”
Bbc
May 30, 23:02
Britain's onboard train wi-fi is one of Europe's worst. This is how people manage
We tested the wi-fi on the train between Norwich and London to see how easy it was to connect.
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Britain's onboard train wi-fi is one of Europe's worst. This is how people manage. We tested the wi-fi on the train between Norwich and London to see how easy it was to connect.
TL;DR:
We tested the wi-fi on the train between Norwich and London to see how easy it was to connect.
Cointelegraph
May 30, 20:45
Senator Lummis says China will 'write the rules' of the new financial era if CLARITY fails
The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.
TL;DR:
The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.
Cointelegraph
May 30, 19:11
Circle freezes $12.6M of USDC linked to privacy protocol Zama
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
TL;DR:
The $12.6 million in USDC was likely frozen in connection with an ongoing but unrelated civil court case, according to onchain sleuth ZachXBT.
Cryptoslate
May 30, 18:55
The US debt machine is getting harder to stabilize – So where does Bitcoin fit in?
The US Treasury market is the foundation of the global financial system. It determines mortgage rates, government borrowing costs, corporate lending, and the price of money across the world. For decades, investors treated it as the safest and most stable market on Earth. But after years of exploding government debt, repeated liquidity scares, and increasingly […] The post The US debt machine is getting harder to stabilize – So where does Bitcoin fit in? appeared first on CryptoSlate .
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The US debt machine is getting harder to stabilize – So where does Bitcoin fit in?. The US Treasury market is the foundation of the global financial system. But after years of exploding government debt, repeated liquidity scares, and increasingly […] The post The US debt machine is getting harder to stabilize – So where does Bitcoin fit in?
TL;DR:
The US Treasury market is the foundation of the global financial system.
Theblock
May 30, 18:30
SEC sues Privvy founder over $12.3 million crypto scheme as AI ‘bots’ turn out to be neither
The SEC alleges Fuller spent misappropriated funds on a roughly $1 million house, gambling, trading cards, travel and a Jeep.
More:
SEC sues Privvy founder over $12.3 million crypto scheme as AI ‘bots’ turn out to be neither. The SEC alleges Fuller spent misappropriated funds on a roughly $1 million house, gambling, trading cards, travel and a Jeep.
TL;DR:
The SEC alleges Fuller spent misappropriated funds on a roughly $1 million house, gambling, trading cards, travel and a Jeep.
Coindesk
May 30, 17:27
SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots
Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
More:
SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots. Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
TL;DR:
Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
Coindesk
May 30, 15:50
U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands
The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.
More:
says it seized about $1 billion in Iranian crypto as pressure campaign expands. The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.
TL;DR:
The seizure, falling under "Operation Economic Fury," aims to restrict Iran's access to overseas revenue, banking networks, and crypto infrastructure.
Decrypt
May 30, 15:44
Florida Candidate Liquidates $800K in Bitcoin to Bankroll Congressional Bid
A Republican candidate jockeying to represent Florida’s 22nd Congressional District liquidated Bitcoin to help fuel his political bid.
TL;DR:
A Republican candidate jockeying to represent Florida’s 22nd Congressional District liquidated Bitcoin to help fuel his political bid.
Coindesk
May 30, 15:00
Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
More:
Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain. CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
TL;DR:
CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
Cryptoslate
May 30, 14:45
Bitcoin ATMs were crypto’s street-corner bank. Now regulators are shutting the door
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto. They turned the process of buying and selling crypto from an abstract act done on a screen and moved it into the real world, enabling people to buy Bitcoin without verification, a bank account, or any real understanding of how custody […] The post Bitcoin ATMs were crypto’s street-corner bank. Now regulators are shutting the door appeared first on CryptoSlate .
More:
Bitcoin ATMs were crypto’s street-corner bank. Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto. They turned the process of buying and selling crypto from an abstract act done on a screen and moved it into the real world, enabling people to buy Bitcoin without verification, a bank account, or any real understanding of how custody […] The…
TL;DR:
Bitcoin ATMs were (and still are) the most tangible and literal implementation of crypto.
Theblock
May 30, 14:21
Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
More:
Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say. The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
TL;DR:
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
Theblock
May 30, 13:56
Crypto champion Trump may be jeopardizing the industry’s landmark legislation
Digital asset legislation is years in the making, but the sector's biggest political champion, President Trump, has become a liability.
TL;DR:
Digital asset legislation is years in the making, but the sector's biggest political champion, President Trump, has become a liability.
Cointelegraph
May 30, 13:30
SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots
The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.
TL;DR:
The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.
Cryptoslate
May 30, 13:15
Crypto walked so banks could run
The following is a guest post and opinion from Ben Nadareski, Co-founder & CEO of Solstice . Institutions were never going to arrive in crypto the way crypto wanted them to. No stampede into governance tokens. No CFO proudly announcing that idle treasury had been rotated into volatile assets. No pension fund committee suddenly speaking […] The post Crypto walked so banks could run appeared first on CryptoSlate .
More:
Crypto walked so banks could run. Institutions were never going to arrive in crypto the way crypto wanted them to. No pension fund committee suddenly speaking […] The post Crypto walked so banks could run appeared first on CryptoSlate .
TL;DR:
Institutions were never going to arrive in crypto the way crypto wanted them to.
Decrypt
May 30, 13:01
What Is an AI Prompt Injection Attack? The Hidden Threat Hijacking Your Chatbots
Hackers can hijack ChatGPT, Claude, and Gemini with nothing but a sentence. OpenAI says the problem may never be fully solved. Here is what it is, how it works, and how to stay safe.
More:
What Is an AI Prompt Injection Attack? Hackers can hijack ChatGPT, Claude, and Gemini with nothing but a sentence. Here is what it is, how it works, and how to stay safe.
TL;DR:
Hackers can hijack ChatGPT, Claude, and Gemini with nothing but a sentence.
Coindesk
May 30, 13:00
When the market is bad, we build: Inside Binance’s bold 2030 master plan
Established crypto firms will merge with traditional finance, but neither Wall Street bankers nor corporate giants will take over the crypto industry, said Binance’s Head of VIP and Institutional, Catherine Chen.
TL;DR:
Established crypto firms will merge with traditional finance, but neither Wall Street bankers nor corporate giants will take over the crypto industry, said Binance’s Head of VIP and Institutional, Catherine Chen.
Coindesk
May 30, 13:00
Hyperliquid could become a ‘financial services juggernaut’ as DeFi expands, says Grayscale
The digital asset manager says Hyperliquid is emerging as a blockchain-based financial infrastructure platform with the potential to expand beyond crypto trading and challenge parts of traditional derivatives and exchange markets.
TL;DR:
The digital asset manager says Hyperliquid is emerging as a blockchain-based financial infrastructure platform with the potential to expand beyond crypto trading and challenge parts of traditional derivatives and exchange markets.
Coindesk
May 30, 11:35
Ripple said to lead $1 billion XRP treasury raise: Report
The planned vehicle would be the largest XRP-focused digital asset treasury yet, even as investor appetite for token accumulation stocks has weakened after the recent crypto selloff.
TL;DR:
The planned vehicle would be the largest XRP-focused digital asset treasury yet, even as investor appetite for token accumulation stocks has weakened after the recent crypto selloff.
Cryptoslate
May 30, 11:20
How Bitcoin will price Trump’s claim that Hormuz could reopen this weekend
Bitcoin briefly recovered the $74,000 zone on May 29, absorbing a geopolitical signal that oil futures, ETF desks, and US equity traders won't fully process until Monday. President Donald Trump said he would make a “final determination” on an Iran deal that would require the Strait of Hormuz to reopen for unrestricted traffic, with mines […] The post How Bitcoin will price Trump’s claim that Hormuz could reopen this weekend appeared first on CryptoSlate .
More:
Bitcoin briefly recovered the $74,000 zone on May 29, absorbing a geopolitical signal that oil futures, ETF desks, and US equity traders won't fully process until Monday. President Donald Trump said he would make a “final determination” on an Iran deal that would require the Strait of Hormuz to reopen for unrestricted traffic, with mines […] The post How Bitcoin will price Tru…
TL;DR:
Bitcoin briefly recovered the $74,000 zone on May 29, absorbing a geopolitical signal that oil futures, ETF desks, and US equity traders won't fully process until Monday.
Cointelegraph
May 30, 10:50
Spot Bitcoin ETFs see record 10-day outflow streak, analyst calls it ‘contrarian indicator’
Spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.
TL;DR:
Spot Bitcoin ETFs logged a record 10-day outflow streak totaling nearly $3 billion, while Ether ETFs bled for 14 consecutive sessions.
Cointelegraph
May 30, 09:28
Bitcoin treasury space still has fair share of ‘carnival barkers’: BSTR founder
BSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.”
TL;DR:
BSTR co-founder Sean Bill says many Bitcoin treasury companies lack the “ability to actually deploy Bitcoin.”
Cryptoslate
May 30, 09:02
The Fed’s rate lever is breaking as bond markets stop following its lead
For decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to stimulate growth. But after years of massive government borrowing, post-pandemic inflation, and repeated stress inside the Treasury market, that system may no longer work the way Americans expect. Today, the Fed can cut […] The post The Fed’s rate lever is breaking as bond markets stop following its lead appeared first on CryptoSlate .
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The Fed’s rate lever is breaking as bond markets stop following its lead. For decades, the Fed stabilized the economy with one simple tool: interest rates. Today, the Fed can cut […] The post The Fed’s rate lever is breaking as bond markets stop following its lead appeared first on CryptoSlate .
TL;DR:
For decades, the Fed stabilized the economy with one simple tool: interest rates.
Bbc
May 30, 08:56
Arrive three hours before flight home, airline boss tells UK holidaymakers
Wizz Air CEO Yvonne Moynihan also advises passengers to carry portable chargers and water due to lengthy queues.
More:
Arrive three hours before flight home, airline boss tells UK holidaymakers. Wizz Air CEO Yvonne Moynihan also advises passengers to carry portable chargers and water due to lengthy queues.
TL;DR:
Wizz Air CEO Yvonne Moynihan also advises passengers to carry portable chargers and water due to lengthy queues.
Cointelegraph
May 30, 08:38
US has seized nearly $1 billion in Iranian crypto, Treasury secretary says
US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.
TL;DR:
US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.
Theblock
May 30, 08:30
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.
TL;DR:
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is investigating the freeze.
Coindesk
May 30, 05:41
Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools
The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.
More:
Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools. The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.
TL;DR:
The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes.
Coindesk
May 30, 05:27
Bitcoin’s biggest quantum risk may not be wallet keys. An early investor fears something bigger
Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place. Google's own security team moved in the same direction in March.
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Bitcoin’s biggest quantum risk may not be wallet keys. An early investor fears something bigger. Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place.
TL;DR:
Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place.
Cointelegraph
May 30, 04:57
Bitcoin retail sentiment still matters, says Swan Bitcoin CEO
Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”
TL;DR:
Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”
Cointelegraph
May 29, 22:45
Bitcoin dip buyers place $500M in bids as $70K retest looms
Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
TL;DR:
Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
Cointelegraph
May 29, 22:28
‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair
As the CFTC and Gemini work together to seek a court's reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”
TL;DR:
As the CFTC and Gemini work together to seek a court's reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”
Decrypt
May 29, 21:24
'He’s Full of Shit': JP Morgan's Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act
Dimon vowed to fight the passage of the crypto market structure bill until the bitter end.
More:
'He’s Full of Shit': JP Morgan's Jamie Dimon Takes Aim at Coinbase CEO Over Clarity Act. Dimon vowed to fight the passage of the crypto market structure bill until the bitter end.
TL;DR:
Dimon vowed to fight the passage of the crypto market structure bill until the bitter end.
Cointelegraph
May 29, 20:52
CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.
TL;DR:
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.
Decrypt
May 29, 20:40
Treasury Secretary Bessent Says US Has 'Grabbed' $1 Billion in Crypto From Iran
Treasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.
More:
Treasury Secretary Bessent Says US Has 'Grabbed' $1 Billion in Crypto From Iran. Treasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.
TL;DR:
Treasury Secretary Scott Bessent said the U.S.
Decrypt
May 29, 20:28
Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated
Celsius founder and former CEO Alex Mashinsky hopes to have his prison sentence vacated, claiming a legal conflict tied to Sam Bankman-Fried.
TL;DR:
Celsius founder and former CEO Alex Mashinsky hopes to have his prison sentence vacated, claiming a legal conflict tied to Sam Bankman-Fried.
Coindesk
May 29, 20:03
‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
TL;DR:
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
Decrypt
May 29, 19:41
Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading
Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.
More:
Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading. Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.
TL;DR:
customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.
Decrypt
May 29, 19:34
Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years
The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.
More:
Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years. The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales. Goldman Sachs more than doubled its target.
TL;DR:
The world's biggest PC maker surged 109% in May after AI revenue hit 38% of quarterly sales.
Bbc
May 29, 19:29
Universal rejects billionaire Bill Ackman's takeover bid
The music giant said Pershing Square's offer fundamentally undervalued the business.
More:
Universal rejects billionaire Bill Ackman's takeover bid. The music giant said Pershing Square's offer fundamentally undervalued the business.
TL;DR:
The music giant said Pershing Square's offer fundamentally undervalued the business.
Cointelegraph
May 29, 18:46
Sui network temporarily stalls again after Thursday's outage
The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.
TL;DR:
The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.
Decrypt
May 29, 18:31
You Can Now Read the US Constitution via the Bitcoin Blockchain
One of America's most important historical documents will forever be inscribed on a Bitcoin block, thanks to someone's $83 transaction fee.
TL;DR:
One of America's most important historical documents will forever be inscribed on a Bitcoin block, thanks to someone's $83 transaction fee.
Decrypt
May 29, 18:14
NYSE Parent Isn't 'Freaked Out' by Hyperliquid—It's Learning From the Crypto Perps Giant
Intercontinental Exchange CEO Jeffrey Sprecher said his company and Hyperliquid are learning from each other as crypto perps gain ground.
More:
NYSE Parent Isn't 'Freaked Out' by Hyperliquid—It's Learning From the Crypto Perps Giant. Intercontinental Exchange CEO Jeffrey Sprecher said his company and Hyperliquid are learning from each other as crypto perps gain ground.
TL;DR:
Intercontinental Exchange CEO Jeffrey Sprecher said his company and Hyperliquid are learning from each other as crypto perps gain ground.
Cryptoslate
May 29, 18:10
Bitcoin perps just got a US green light, but one catch could decide everything
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products. The Commission approved KalshiEX LLC's BTCPERP contract as a futures contract, allowing the CFTC-registered designated contract market to list […] The post Bitcoin perps just got a US green light, but one catch could decide everything appeared first on CryptoSlate .
More:
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products.
TL;DR:
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for access to certain Deribit products.
Cointelegraph
May 29, 17:56
Coinbase brings global crypto derivatives markets to US institutional clients
The exchange's integration with Deribit gives eligible US institutional investors access to global crypto options and perpetual futures markets.
TL;DR:
The exchange's integration with Deribit gives eligible US institutional investors access to global crypto options and perpetual futures markets.
Decrypt
May 29, 17:26
AI Models Can’t Agree on Basic Facts Most of the Time, Study Shows
A new study gave five frontier AI models 1,000 real-world claims to fact-check. They disagreed on 67% of them.
More:
AI Models Can’t Agree on Basic Facts Most of the Time, Study Shows. A new study gave five frontier AI models 1,000 real-world claims to fact-check. They disagreed on 67% of them.
TL;DR:
A new study gave five frontier AI models 1,000 real-world claims to fact-check.
Cointelegraph
May 29, 17:03
Bitcoin plums new six-week lows as analyst eyes BTC price dip 'end' at $72K
Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.
TL;DR:
Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.
Cointelegraph
May 29, 16:58
Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served.
TL;DR:
Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served.
Coindesk
May 29, 16:29
U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors
As the CFTC issued landmark approvals for crypto perpetual futures contracts, it explained in a related advisory that round-the-clock activity isn't right for all.
TL;DR:
As the CFTC issued landmark approvals for crypto perpetual futures contracts, it explained in a related advisory that round-the-clock activity isn't right for all.
Decrypt
May 29, 16:20
Wintermute Is Providing Liquidity on Kalshi and Polymarket, Linking Two Giants
Wintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.
TL;DR:
Wintermute is providing liquidity on the two biggest prediction markets, linking flows for both firms, according to a source familiar with the matter.
Theblock
May 29, 16:03
US has seized nearly $1 billion in crypto from Iran, Bessent says
Earlier this year, Treasury Secretary Scott Bessent said the U.S. had seized "nearly $500 million" in Iranian crypto assets.
More:
US has seized nearly $1 billion in crypto from Iran, Bessent says. Earlier this year, Treasury Secretary Scott Bessent said the U.S. had seized "nearly $500 million" in Iranian crypto assets.
TL;DR:
had seized "nearly $500 million" in Iranian crypto assets.
Bbc
May 29, 15:51
Only three-quarters of first class mail delivered on time
Royal Mail says its service is improving and that it is on track to hit the regulator Ofcom's reduced targets
TL;DR:
Royal Mail says its service is improving and that it is on track to hit the regulator Ofcom's reduced targets
Cointelegraph
May 29, 15:50
Ethereum analysts say ‘downside pressure’ remains as $1.8K becomes key
Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
TL;DR:
Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
Cryptoslate
May 29, 15:45
Strategy selling? Saylor’s Bitcoin transfer to Coinbase puts his treasury model under cash pressure
On May 29, Strategy (formerly MicroStrategy) moved more than 411 Bitcoin to Coinbase Prime, drawing fresh scrutiny to Michael Saylor’s financing model. Arkham Intelligence data showed two transfers of roughly 205.3 BTC and 206.2 BTC from Strategy-associated wallets before the coins reached the destination address. This movement has not been confirmed as a sale, and […] The post Strategy selling? Saylor’s Bitcoin transfer to Coinbase puts his treasury model under cash pressure appeared first on CryptoSlate .
More:
On May 29, Strategy (formerly MicroStrategy) moved more than 411 Bitcoin to Coinbase Prime, drawing fresh scrutiny to Michael Saylor’s financing model. Arkham Intelligence data showed two transfers of roughly 205.3 BTC and 206.2 BTC from Strategy-associated wallets before the coins reached the destination address.
TL;DR:
On May 29, Strategy (formerly MicroStrategy) moved more than 411 Bitcoin to Coinbase Prime, drawing fresh scrutiny to Michael Saylor’s financing model.
Coindesk
May 29, 15:31
Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO
Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal information or digital assets.
TL;DR:
Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal information or digital assets.
Coindesk
May 29, 15:14
Clarity Act Risks Regulation Without Oversight, Brookings Fellow Says
As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets.
TL;DR:
As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets.
Decrypt
May 29, 15:00
CFTC Approves Bitcoin Perpetual Futures on Prediction Market Kalshi
The CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.
TL;DR:
The CFTC issued an order allowing Kalshi to offer perpetual futures in the U.S., starting with contracts tied to Bitcoin's price.
Coindesk
May 29, 14:50
Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy
A hopeful posting on Iran from President Trump helped erase morning losses.
More:
Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy. A hopeful posting on Iran from President Trump helped erase morning losses.
TL;DR:
A hopeful posting on Iran from President Trump helped erase morning losses.
Decrypt
May 29, 14:42
Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%
The Sui token is among the worst performing top 100 crypto assets of the last week in the wake of back-to-back outages.
More:
Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%. The Sui token is among the worst performing top 100 crypto assets of the last week in the wake of back-to-back outages.
TL;DR:
The Sui token is among the worst performing top 100 crypto assets of the last week in the wake of back-to-back outages.
Cryptoslate
May 29, 14:30
Bitcoin miners’ real prize is power as AI reshapes mining
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it. That inversion drives Fidelity's May 2026 assessment that AI hosting could give miners a second revenue stream while flattening Bitcoin's hash rate as major operators redirect energy infrastructure away from […] The post Bitcoin miners’ real prize is power as AI reshapes mining appeared first on CryptoSlate .
More:
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it. That inversion drives Fidelity's May 2026 assessment that AI hosting could give miners a second revenue stream while flattening Bitcoin's hash rate as major operators redirect energy infrastructure away from […] The po…
TL;DR:
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.
Cointelegraph
May 29, 14:20
Bitcoin ETFs bleed $2.8B in record nine-day outflow streak
Spot Bitcoin ETFs recorded a nine-day outflow streak totaling $2.84 billion, surpassing an eight-session outflow run in February 2025.
TL;DR:
Spot Bitcoin ETFs recorded a nine-day outflow streak totaling $2.84 billion, surpassing an eight-session outflow run in February 2025.
Coindesk
May 29, 14:00
What American crypto asset perpetuals mean for the future of crypto
For years, one of the most significant crypto asset markets has existed entirely outside the United States. Today, that changes, explains CFTC Chairman Selig.
More:
What American crypto asset perpetuals mean for the future of crypto. For years, one of the most significant crypto asset markets has existed entirely outside the United States. Today, that changes, explains CFTC Chairman Selig.
TL;DR:
For years, one of the most significant crypto asset markets has existed entirely outside the United States.
Coindesk
May 29, 14:00
U.S. CFTC opens crypto 'perp' door with first approval at Kalshi
The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.
More:
CFTC opens crypto 'perp' door with first approval at Kalshi. The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.
TL;DR:
The Commodity Futures Trading Commission has now established a stance on how regulated U.S.
Theblock
May 29, 13:52
JPMorgan CEO Jamie Dimon blasts Coinbase’s Brian Armstrong, plans to fight Clarity Act
Dimon said Coinbase's Armstrong is spending hundreds of millions of dollars trying to get Clarity Act passed.
TL;DR:
Dimon said Coinbase's Armstrong is spending hundreds of millions of dollars trying to get Clarity Act passed.
Cointelegraph
May 29, 13:34
Why is Stellar's XLM up by over 50% this week?
XLM rallied after US financial giant DTCC announced a partnership with the Stellar Network, but it still risks a sharp downside in the coming weeks.
TL;DR:
XLM rallied after US financial giant DTCC announced a partnership with the Stellar Network, but it still risks a sharp downside in the coming weeks.
Cointelegraph
May 29, 13:25
NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps
ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid.
TL;DR:
ICE’s CEO said regulators need to create a “level playing field” for launching 24/7 onchain perps contracts, which are already trading on exchanges such as Hyperliquid.
Coindesk
May 29, 13:15
CoinDesk 20 performance update: Bittensor (TAO) drops 4%, leading index lower
Internet Computer (ICP), down 3.8%, was also an underperformer.
More:
CoinDesk 20 performance update: Bittensor (TAO) drops 4%, leading index lower. Internet Computer (ICP), down 3.8%, was also an underperformer.
TL;DR:
Internet Computer (ICP), down 3.8%, was also an underperformer.
Cryptoslate
May 29, 12:55
Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that haters could not undo, calling the US the “crypto capital of the world.” Crypto allies are using the timing to press the argument that a […] The post Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target appeared first on CryptoSlate .
More:
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that haters could not undo, calling the US the “crypto capital of the world.
TL;DR:
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that haters could not undo, calling the US the “crypto capital of the world.” Crypto allies are using the timing to press the argument that a […] The post Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target appeared first on CryptoSlate .
Decrypt
May 29, 12:39
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak
Cooling demand for Bitcoin ETFs adds to declining accumulation by whales, underscoring a trying time for the crypto market.
TL;DR:
Cooling demand for Bitcoin ETFs adds to declining accumulation by whales, underscoring a trying time for the crypto market.
Coindesk
May 29, 12:28
Paxos wins SEC approval to clear U.S. stocks on blockchain
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance giants than legacy competitors.
TL;DR:
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance giants than legacy competitors.
Cointelegraph
May 29, 12:09
Bitcoin falls out of the global top 10 assets as market cap dips below $1.5T
Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies.
TL;DR:
Bitcoin’s market cap has dropped below $1.5 trillion, pushing it out of the world’s top 10 assets amid AI stock and precious metal rallies.
Decrypt
May 29, 12:08
Morning Minute: Hyperliquid Is 'Bigger Than Nasdaq'
The man who built the modern NYSE just said Hyperliquid is bigger than Nasdaq. JPMorgan says the debasement trade is unwinding.
More:
The man who built the modern NYSE just said Hyperliquid is bigger than Nasdaq. JPMorgan says the debasement trade is unwinding.
TL;DR:
The man who built the modern NYSE just said Hyperliquid is bigger than Nasdaq.
Cointelegraph
May 29, 12:05
Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden
Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.
TL;DR:
Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.
Coindesk
May 29, 12:05
Hyperliquid bigger than NASDAQ, says ICE CEO Jeffrey Sprecher
Sprecher saluted Hyperliquid's team, signaling deeper engagement between Wall Street incumbents and crypto-native rails.
TL;DR:
Sprecher saluted Hyperliquid's team, signaling deeper engagement between Wall Street incumbents and crypto-native rails.
Decrypt
May 29, 11:59
Ukrainian Police Officers Allegedly Kidnapped Crypto Entrepreneurs to Extort Millions
Prosecutors say two police colonels organized an extortion ring that allegedly tracked, abducted, and held crypto entrepreneurs at gunpoint.
TL;DR:
Prosecutors say two police colonels organized an extortion ring that allegedly tracked, abducted, and held crypto entrepreneurs at gunpoint.
Cointelegraph
May 29, 11:39
Texas Bitcoin reserve plans shift from ETF to direct BTC custody
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
TL;DR:
Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.
Coindesk
May 29, 11:15
Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand
Bitcoin BTC $ 73,565.90 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers.
More:
Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand. Bitcoin BTC $ 73,565.90 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Demand from spot bitcoin ETFs, a key driver of the past two years' rally, has cooled.
TL;DR:
Bitcoin BTC $ 73,565.90 is stabilizing near $73,500, about 10% below its monthly high of $81,000.
Cryptoslate
May 29, 11:12
Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over
The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled. Yet, renewed demand still has to arrive […] The post Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over appeared first on CryptoSlate .
More:
Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over. The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied since losing $75,000, where macro panic has cooled.
TL;DR:
Yet, renewed demand still has to arrive […] The post Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over appeared first on CryptoSlate .
Theblock
May 29, 11:11
Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
TL;DR:
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
Bbc
May 29, 11:05
Energy bills to go up for Power NI and Firmus customers
Both suppliers have said the increase is due to higher global energy and gas prices.
TL;DR:
Both suppliers have said the increase is due to higher global energy and gas prices.
Bbc
May 29, 10:55
Top UK chefs call for cutting VAT for pubs and restaurants to 10%
Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be halved to ease mounting pressure on the hospitality industry.
TL;DR:
Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be halved to ease mounting pressure on the hospitality industry.
Theblock
May 29, 10:45
CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.
TL;DR:
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.
Cointelegraph
May 29, 10:42
DxSale drained for $7.3M in BNB Chain liquidity exploit
DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.
TL;DR:
DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.
Coindesk
May 29, 10:38
Bitcoin ETF outflows reach record nine-day streak as investors pull $2.8 billion
The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.
More:
Bitcoin ETF outflows reach record nine-day streak as investors pull $2.8 billion. The longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.
TL;DR:
spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.
Decrypt
May 29, 10:34
Paxos Secures SEC Registration as Clearing Agency
The approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S.
TL;DR:
The approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S.
Coindesk
May 29, 10:29
Bitcoin slides to April lows as crypto diverges from record-chasing U.S. equities
Bitcoin's failed breakout above $83,000 is looking increasingly like a bear market signal, even as S&P 500 and Nasdaq futures notch gains and approach all-time highs.
TL;DR:
Bitcoin's failed breakout above $83,000 is looking increasingly like a bear market signal, even as S&P 500 and Nasdaq futures notch gains and approach all-time highs.
Theblock
May 29, 10:20
Sui blockchain suffers more downtime following Thursday’s six-hour outage
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."
TL;DR:
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."
Theblock
May 29, 10:07
Wintermute extends trading infrastructure into prediction markets
Wintermute extends trading infrastructure into prediction markets as multibillion-dollar sector draws institutional liquidity providers.
TL;DR:
Wintermute extends trading infrastructure into prediction markets as multibillion-dollar sector draws institutional liquidity providers.
Coindesk
May 29, 09:59
Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets
The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
More:
Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets. The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
TL;DR:
1, makes it a crime to advertise and operate prediction market platforms across the state.
Coindesk
May 29, 09:10
Strategy's STRC slips below $99 as Strive captures investor attention
STRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.
TL;DR:
STRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.
Cointelegraph
May 29, 08:31
OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M
OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
TL;DR:
OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.
Coindesk
May 29, 08:19
Solana, Sui and Aptos wallet data targeted in TrapDoor package attack
The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.
TL;DR:
The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.
Cryptoslate
May 29, 08:10
New lawsuit claims Satoshi Nakamoto’s Bitcoin is “Lost Property” worth under $10 per wallet
A New York lawsuit is seeking to treat some of Bitcoin’s oldest dormant wallets, including addresses tied to the cryptocurrency’s creator, as lost property valued at less than $10 each. The amended complaint asks a state court to grant legal ownership of 39,069 Bitcoin addresses to a pseudonymous plaintiff identified as Noah Doe and two […] The post New lawsuit claims Satoshi Nakamoto’s Bitcoin is “Lost Property” worth under $10 per wallet appeared first on CryptoSlate .
More:
A New York lawsuit is seeking to treat some of Bitcoin’s oldest dormant wallets, including addresses tied to the cryptocurrency’s creator, as lost property valued at less than $10 each. The amended complaint asks a state court to grant legal ownership of 39,069 Bitcoin addresses to a pseudonymous plaintiff identified as Noah Doe and two […] The post New lawsuit claims Satoshi…
TL;DR:
A New York lawsuit is seeking to treat some of Bitcoin’s oldest dormant wallets, including addresses tied to the cryptocurrency’s creator, as lost property valued at less than $10 each.
Theblock
May 29, 06:18
Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on-ramps.
More:
Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary. Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on-ramps.
TL;DR:
Aave Labs has obtained FCA cryptoasset registration in the U.K.
Coindesk
May 29, 06:07
OKX Ventures buys $53 million stake in Korea's Coinone exchange
The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.
TL;DR:
The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Cointelegraph
May 29, 05:37
SEC approves Paxos as ‘blockchain-native’ clearing agency
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.
TL;DR:
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.
Theblock
May 29, 05:31
Base launches Azul on mainnet, pushing Coinbase’s Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
TL;DR:
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.
Theblock
May 29, 05:12
Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.
TL;DR:
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.
Coindesk
May 29, 05:01
XRP rebounds above $1.30 after volume surge, but bears still control the bigger picture
XRP snapped a streak of lower lows on heavy buying, though the token remains stuck below major resistance levels that have capped every rally this year.
TL;DR:
XRP snapped a streak of lower lows on heavy buying, though the token remains stuck below major resistance levels that have capped every rally this year.
Theblock
May 29, 04:51
‘First and only’: Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
TL;DR:
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Coindesk
May 29, 04:41
Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears
Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.
More:
Bitcoin, ether little-changed despite record stocks, falling oil and easing war fears. Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.
TL;DR:
Global stocks hit records and oil cracked on a tentative US-Iran ceasefire extension.
Cointelegraph
May 29, 04:33
Bitcoin’s major holders halt buys as demand slows: CryptoQuant
CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
TL;DR:
CryptoQuant says that the holding structure for large Bitcoin holders is deteriorating, a trend that has historically preceded “sustained price weakness.”
Coindesk
May 29, 04:23
Bitcoin's record holder supply hides a buyer drought, CryptoQuant says
A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
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Bitcoin's record holder supply hides a buyer drought, CryptoQuant says. A record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
TL;DR:
A record high in long-term holder supply typically signals conviction.
Cointelegraph
May 29, 04:08
Sui Network back online after ‘crash bug’ causes 6 hour outage
The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes.
TL;DR:
The Sui mainnet has resumed after a bug in a network update took it offline for 5 hours and 55 minutes.
Cointelegraph
May 29, 03:44
Bitcoin’s trapped under $74K while $9B options expiry looms: Are bears back in control?
Bears hold the upper hand for Friday's $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling
TL;DR:
Bears hold the upper hand for Friday's $9 billion options expiry, keeping Bitcoin under pressure amid heavy ETF outflows and corporate selling
Theblock
May 29, 02:27
NYSE parent ICE held multiple talks with Hyperliquid to evaluate onchain perps market, CEO says
Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.
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NYSE parent ICE held multiple talks with Hyperliquid to evaluate onchain perps market, CEO says. Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.
TL;DR:
Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.
Theblock
May 29, 02:00
OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange
This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.
TL;DR:
This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.
Cointelegraph
May 29, 01:10
Buy $72K dip, or jump ship: What will Bitcoin bulls do?
Investors selling across spot, futures and ETF markets pushed Bitcoin into its monthly range lows near $72,000 but data shows retail investors buying the dip and opening longs.
TL;DR:
Investors selling across spot, futures and ETF markets pushed Bitcoin into its monthly range lows near $72,000 but data shows retail investors buying the dip and opening longs.
Cointelegraph
May 29, 00:59
Gemini taps Grok for personalized AI-powered prediction market feeds
Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.
TL;DR:
Gemini is leaning into AI features for its prediction market, following other crypto exchanges in moving beyond crypto trading amid a market slump.
Bbc
May 28, 23:29
When trade soured, this American liquor maker moved to Canada
Sales of the fruity liqueur popular with Canadian students had plummetted north of the border as provinces retaliated against Trump tariffs.
TL;DR:
Sales of the fruity liqueur popular with Canadian students had plummetted north of the border as provinces retaliated against Trump tariffs.
Theblock
May 28, 22:53
Treasury Secretary Scott Bessent reiterates ‘no CBDC’ commitment under Trump admin
During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.
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Treasury Secretary Scott Bessent reiterates ‘no CBDC’ commitment under Trump admin. During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.
TL;DR:
During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.
Cointelegraph
May 28, 22:39
Solana open interest drops 30% as altcoins slump: Is $68 SOL next?
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
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Solana open interest drops 30% as altcoins slump: Is $68 SOL next?. Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
TL;DR:
Bulls abandon ship as SOL futures open interest dropped 30% in May.
Cointelegraph
May 28, 22:32
Fidelity Digital Assets highlights 'growing evidence' of shift from dollar-based systems
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Vince Quill , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.
Cointelegraph
May 28, 22:06
Prediction markets legal battles heat up in Minnesota, Rhode Island
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Coindesk
May 28, 22:03
Calamos bets protected Bitcoin ETFs can outlast crypto market swings
As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.
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How it works: Calamos structures the products using Treasuries and options tied to Bitcoin-linked indexes. What advisors are asking: Wealth managers are becoming more sophisticated in how they evaluate crypto exposure. Reading between the lines: The crypto ETF market is evolving beyond simple spot exposure.
TL;DR:
As more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.
News
May 28, 21:38
Disney accuses Trump's media regulator of 'unlawfully' suppressing free speech
Disney has accused Donald Trump's media regulator of an "unlawful" attempt to suppress free speech after it was forced to apply for early licence reviews for its eight ABC TV stations.
TL;DR:
Disney has accused Donald Trump's media regulator of an "unlawful" attempt to suppress free speech after it was forced to apply for early licence reviews for its eight ABC TV stations.
Cointelegraph
May 28, 21:32
Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Nate Kostar , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
Decrypt
May 28, 20:51
Anthropic Nears $1 Trillion Valuation, Topping OpenAI After Fresh $65 Billion Raise
Claude maker Anthropic said annualized revenue surpassed $47 billion as it expands cloud and compute partnerships.
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Anthropic Nears $1 Trillion Valuation, Topping OpenAI After Fresh $65 Billion Raise. Claude maker Anthropic said annualized revenue surpassed $47 billion as it expands cloud and compute partnerships.
TL;DR:
Claude maker Anthropic said annualized revenue surpassed $47 billion as it expands cloud and compute partnerships.
Cointelegraph
May 28, 20:49
SEC Commissioner Peirce defends crypto privacy tools against surveillance push
The leader of the regulator's Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion.
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Reviewed by Robert Lakin , Staff Editor. Written by Sam Bourgi , Staff Writer. Peirce said that protecting financial privacy does not conflict with national security objectives.
TL;DR:
The leader of the regulator's Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion.
Cointelegraph
May 28, 20:42
Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure.
More:
Reviewed by Ray Salmond , Staff Editor. Written by Biraajmaan Tamuly , Staff Writer. Reviewed by Ray Salmond , Staff Editor.
TL;DR:
Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure.
Cointelegraph
May 28, 20:35
Trump claims he can ‘future proof’ crypto regulation with CLARITY Act
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with the president, whose crypto ties are under scrutiny, weighing in on social media.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with the president, whose crypto ties are under scrutiny, weighing in on social media.
Decrypt
May 28, 20:24
AI Agents Are Learning to Predict What Users Want—Before They Ask for It
Price data by In brief Researchers at Shanghai Jiao Tong University and Tencent developed ProAct, an AI agent designed to predict likely user needs before users ask.
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Price data by In brief Researchers at Shanghai Jiao Tong University and Tencent developed ProAct, an AI agent designed to predict likely user needs before users ask. The system uses downtime between messages to review past conversations and prepare information in advance.
TL;DR:
Researchers in China built a model that uses an AI’s downtime to prepare for users’ next question before they ask it.
Cointelegraph
May 28, 20:19
France's AMF regulator sets June 30 deadline for MiCA licensing
The European Union's Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Vince Quill , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The European Union's Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework.
Bloomberg
May 28, 20:16
Stablecoin Regulation Framework Passes in Major Economies
The EU and US both passed comprehensive stablecoin regulation, requiring full reserve backing.
TL;DR:
The EU and US both passed comprehensive stablecoin regulation, requiring full reserve backing.
Decrypt
May 28, 20:09
Sui Network Goes Down for Hours, Just Months After the Last Downtime
Blockchain network Sui is suffering another period of significant downtime barely five months after the last "network stall."
More:
Price data by In brief Sui's layer-1 blockchain is currently suffering another major network outage. Sui last suffered a "network stall" in January, going down for about six hours. While the network’s engineers identified the issue shortly after it began investigating it, a fix has not yet been implemented as of this writing, according to the blockchain’s status page.
TL;DR:
Blockchain network Sui is suffering another period of significant downtime barely five months after the last "network stall."
Coindesk
May 28, 19:53
Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
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Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a potential public listing, according to a person with knowledge of the matter.
TL;DR:
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Decrypt
May 28, 19:50
Apple iOS 27 Leaks: Siri Is Being Remade to Be More Like ChatGPT
Rendered illustrations published ahead of WWDC 2026 reveal a dedicated Siri app, Dynamic Island integration, and a Google Gemini backbone—the biggest overhaul to the assistant in nearly 15 years.
More:
Price data by In brief Bloomberg published leaked renders of iOS 27's revamped Siri ahead of WWDC 2026 on June 8, showing a dedicated chatbot app, Dynamic Island integration, and a new system-wide "Search or Ask" interface.
TL;DR:
Rendered illustrations published ahead of WWDC 2026 reveal a dedicated Siri app, Dynamic Island integration, and a Google Gemini backbone—the biggest overhaul to the assistant in nearly 15 years.
Coindesk
May 28, 19:09
Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war
In this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
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This week, we’re diving into why the Ethereum Foundation is at the center of crypto’s culture war, again. The Ethereum Foundation, the nonprofit organization that has long served as the closest thing Ethereum has to a central steward, has been facing renewed questions about its future after a wave of high-profile departures and mounting criticism from across the crypto industr…
TL;DR:
In this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
Decrypt
May 28, 19:07
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Market Ban
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
More:
Price data by In brief Kalshi sued Minnesota to block the state’s new law making prediction markets operations a felony. The lawsuit aligns with the Trump administration, whose DOJ and CFTC already sued Minnesota over the ban. President Trump has backed prediction markets publicly.
TL;DR:
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
Coindesk
May 28, 18:53
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
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Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals. USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
TL;DR:
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Decrypt
May 28, 18:45
Anthropic's Claude Opus 4.8 Is Here: Better AI Coding, Smarter Safety—Same Huge Price
Anthropic's latest flagship AI model Claude Opus 4.8 arrives with sharper reasoning, tighter alignment, and a price tag that hasn't budged.
More:
Price data by In brief Anthropic released Claude Opus 4.8 on Thursday, just six weeks after Opus 4.7. The new model is faster and smarter on benchmark tests, and ships with a suite of new features—but the price didn't move: It’s $5 per million input tokens and $25 per million output tokens, same as before. There's also a fast mode that runs the same model at 2.
TL;DR:
Anthropic's latest flagship AI model Claude Opus 4.8 arrives with sharper reasoning, tighter alignment, and a price tag that hasn't budged.
Coindesk
May 28, 18:34
Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain traction
What this means: Hyperliquid is increasingly being framed as infrastructure. The bull case: Bitwise believes Hyperliquid benefits from crypto’s changing regulatory climate.
More:
What this means: Hyperliquid is increasingly being framed as infrastructure. The bull case: Bitwise believes Hyperliquid benefits from crypto’s changing regulatory climate. The risks: Regulatory scrutiny and macro uncertainty remain major concerns.
TL;DR:
Bitwise says investor demand for Hyperliquid exposure is surging as new HYPE ETFs launch.
Decrypt
May 28, 18:27
Anthropic's Claude Mythos AI Model Nearing Release After Raising Cybersecurity Alarms
Anthropic signaled that broader access to its controversial Claude Mythos AI models may arrive "in the coming weeks" after limited testing.
More:
Price data by In brief Anthropic said it expects to bring its Claude Mythos AI model to customers “in the coming weeks” after completing additional tests. Anthropic has limited Claude Mythos access through its Project Glasswing program.
TL;DR:
Anthropic signaled that broader access to its controversial Claude Mythos AI models may arrive "in the coming weeks" after limited testing.
Bbc
May 28, 18:24
US government prepares to print $250 note featuring Trump's face
Federal law bars printing images of living people on US currency, but Trump allies in Congress are moving to make an exception.
TL;DR:
Federal law bars printing images of living people on US currency, but Trump allies in Congress are moving to make an exception.
Cryptoslate
May 28, 18:05
Have AI agents made the entire $148 billion DeFi sector unsafe?
A warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI). On May 27, Manuel Aráoz, co-founder and former chief technology officer of OpenZeppelin, advised investors to exit DeFi positions, including exposure to […] The post Have AI agents made the entire $148 billion DeFi sector unsafe? appeared first on CryptoSlate .
More:
A warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI).
TL;DR:
A warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI).
Decrypt
May 28, 17:58
Bitcoin Whales Are Pulling Back as Activity 'Mirrors' 2022 Bear Market: Analysts
Current Bitcoin whale activity is similar in nature to the last bear market in 2022 when BTC fell precipitously, according to on-chain data.
More:
Price data by In brief A new CryptoQuant report shows that larger Bitcoin holders are shedding Bitcoin or adding more slowly than usual. The trend "mirrors" that of 2022's bear market, analysts said, when Bitcoin fell from more than $47,000 to $15,000. As it stands now, Bitcoin is 42% off its all-time high price set last October.
TL;DR:
Current Bitcoin whale activity is similar in nature to the last bear market in 2022 when BTC fell precipitously, according to on-chain data.
Decrypt
May 28, 17:52
What the Clarity Act Means for the Rest of the World
The Senate’s crypto bill has supporters excited—and opponents concerned—about the bill’s potential reverberations beyond America’s borders.
More:
Price data by In brief Supporters say the Clarity Act would make the U.S. The bill would legalize most crypto activity in the U.S. The legislation would, if passed, formally legalize most crypto activity in the United States.
TL;DR:
The Senate’s crypto bill has supporters excited—and opponents concerned—about the bill’s potential reverberations beyond America’s borders.
Coindesk
May 28, 17:28
Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
More:
Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million. A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
TL;DR:
A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.
Cointelegraph
May 28, 17:28
Trezor adds native USDt, USDC yield via Morpho integration
The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Sam Bourgi , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps.
Cointelegraph
May 28, 17:22
French company abandons crypto treasury strategy, will liquidate Bitcoin holdings
In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.
More:
Reviewed by Robert Lakin , Staff Editor. Written by Turner Wright , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
In the year since Sequans Communications announced that it would adopt a digital asset treasury strategy, the price of Bitcoin fell by more than 30%.
Cointelegraph
May 28, 16:57
P2P.org launches real-time data stream for Sui and Hyperliquid
P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid.
More:
The data stream for Sui and Hyperliquid is available now at $2,000 per month each, with a one-week free trial for new clients. Syncro Data Stream is part of Syncro, P2P.org's crypto trading infrastructure product line. Syncro Data Stream for Sui and Syncro Data Stream for Hyperliquid are the second and third products in the line.
TL;DR:
P2P.org, a blockchain infrastructure provider operating validators across 40+ proof-of-stake networks since 2018, today launched Syncro Data Stream, a real-time blockchain data stream for Sui and Hyperliquid.
Coindesk
May 28, 16:50
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full protection offered by U.S. regulators.
More:
regulators did after the collapses of Silicon Valley Bank and Signature Bank, Reuters reported . decision to protect all deposits, including funds held by stablecoin issuers, helped stabilize crypto markets during the crisis.
TL;DR:
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full protection offered by U.S.
Theblock
May 28, 16:40
Gemini crypto exchange launches AI data feed powered by Grok
The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other financial services.
TL;DR:
The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other financial services.
Coindesk
May 28, 16:33
Toddlers learn by falling: Why DeFi's $20 billion TVL drop is just a market stress-test
DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and USDC.
More:
Toddlers learn by falling: Why DeFi's $20 billion TVL drop is just a market stress-test. DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and USDC.
TL;DR:
DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S.
Decrypt
May 28, 16:27
Google Engineer Charged Over $2.75 Million in Alleged Polymarket Insider Trading Bets
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
More:
Price data by In brief A Google employee was charged over alleged Polymarket trades using private data. The CFTC also filed a civil case seeking penalties and trading bans. Commodity Futures Trading Commission has also filed a parallel civil complaint , alleging Spagnuolo violated the Commodity Exchange Act and seeking restitution, disgorgement, civil penalties, trading and re…
TL;DR:
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
Coindesk
May 28, 16:11
Sui blockchain suffers another network outage as transactions grind to a halt
This is the second time this year that the Sui network has suffered an outage.
More:
Sui blockchain suffers another network outage as transactions grind to a halt. This is the second time this year that the Sui network has suffered an outage.
TL;DR:
This is the second time this year that the Sui network has suffered an outage.
Theblock
May 28, 16:03
CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak
Bitcoin holding structure continues to deteriorate as whale and dolphin BTC balances have stalled, CryptoQuant said.
TL;DR:
Bitcoin holding structure continues to deteriorate as whale and dolphin BTC balances have stalled, CryptoQuant said.
Bbc
May 28, 15:56
'I've applied for more than 400 roles' - how young people are facing the job shortage
The BBC has been hearing from young people who are struggling to find work about how they are tackling the challenge.
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'I've applied for more than 400 roles' - how young people are facing the job shortage. The BBC has been hearing from young people who are struggling to find work about how they are tackling the challenge.
TL;DR:
The BBC has been hearing from young people who are struggling to find work about how they are tackling the challenge.
Cryptoslate
May 28, 15:55
Australia’s Project Acacia shows why tokenized markets still hinge on settlement money
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia and Digital Finance Cooperative Research Centre released findings from Project Acacia, a wholesale experiment that moved digital money and tokenization from policy theory into market plumbing. The project tested 20 wholesale tokenized asset market use cases across […] The post Australia’s Project Acacia shows why tokenized markets still hinge on settlement money appeared first on CryptoSlate .
More:
Australia’s Project Acacia shows why tokenized markets still hinge on settlement money. Project Acacia has now tested how tokenized asset markets could settle in Australia. The project tested 20 wholesale tokenized asset market use cases across […] The post Australia’s Project Acacia shows why tokenized markets still hinge on settlement money appeared first on CryptoSlate .
TL;DR:
Project Acacia has now tested how tokenized asset markets could settle in Australia.
Decrypt
May 28, 15:46
Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance
Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst.
More:
Standard Chartered Reaffirms $40K Ethereum Price Target Due to DeFi Dominance. Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst.
TL;DR:
Analysts compared Ethereum's current position to Amazon following the dot-com bubble burst.
Theblock
May 28, 15:35
The Digital Chamber ramps up pressure on Congress with call to action to pass Clarity Act
The Digital Chamber published a website to serve as a central spot for people to write to lawmakers in its latest push to pass a crypto bill.
TL;DR:
The Digital Chamber published a website to serve as a central spot for people to write to lawmakers in its latest push to pass a crypto bill.
Decrypt
May 28, 15:21
Bitcoin Traders Increasingly Convinced Price Will Fall Below $70K by End of May
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
More:
Price data by In brief Odds of Bitcoin falling below $70,000 before the end of May have risen on Polymarket and Myriad. Bitcoin's price slide has been catalyzed by significant ETF outflows and rising crypto liquidations.
TL;DR:
Prediction market odds are rising for Bitcoin to drop below $70,000 in the next few days following a dip to a six-week low price.
Coindesk
May 28, 15:10
Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news
U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
More:
Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
TL;DR:
stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.
Bbc
May 28, 15:09
Opportunities shrinking for too many young people, says major report on 'lost generation'
A report warns the number of 16 to 24-year-olds out of work, education or training is set to rise to 1.25 million by 2031.
TL;DR:
A report warns the number of 16 to 24-year-olds out of work, education or training is set to rise to 1.25 million by 2031.
Decrypt
May 28, 15:07
This AI Compressed 'All Human Cooking' Into 2 Megabytes
A London startup trained an AI on 4.1 million recipes across seven languages—and the whole thing is smaller than a song file.
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Price data by In brief KAIKAKU.AI published Epicure, a family of three ingredient AI models trained on 4.14 million multilingual recipes. 300 dimensions," Chen wrote on X. "All of human cooking compressed into 2 megabytes." Launching our new paper on arXiv: we trained the largest multilingual food model ever built.
TL;DR:
A London startup trained an AI on 4.1 million recipes across seven languages—and the whole thing is smaller than a song file.
Cointelegraph
May 28, 15:05
Argentina bill targets crypto payments to illegal gambling sites
Argentina’s proposed online gambling bill would restrict banks, payment firms and crypto providers from serving unauthorized betting platforms.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Helen Partz , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Argentina’s proposed online gambling bill would restrict banks, payment firms and crypto providers from serving unauthorized betting platforms.
Coindesk
May 28, 15:00
A blockchain lottery plans to turn crypto gambling fees into Ethereum developer funding
Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.
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Decentralized lottery protocol Megapot said Thursday it is teaming up with Protocol Guild, an independent funding collective for Ethereum protocol contributors, to introduce what they describe as the crypto industry’s first programmable charity lottery.
TL;DR:
Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.
Coindesk
May 28, 15:00
Crypto Long & Short: Asia’s regulated crypto future
Asia's adoption of crypto and stablecoins is driving regulated growth in payments and remittances. Learn how Singapore, Hong Kong, India, and Korea are leading the way.
More:
Crypto Long & Short: Asia’s regulated crypto future. Asia's adoption of crypto and stablecoins is driving regulated growth in payments and remittances. Learn how Singapore, Hong Kong, India, and Korea are leading the way.
TL;DR:
Asia's adoption of crypto and stablecoins is driving regulated growth in payments and remittances.
Cointelegraph
May 28, 14:59
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
More:
Here’s what happened in crypto today. Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
TL;DR:
Need to know what happened in crypto today?
Bbc
May 28, 14:54
EU fines Temu €200m for allowing sale of illegal products
The European Commission says the Chinese-owned online retailer failed to take account of risks from baby toys and faulty chargers sold on its platform.
TL;DR:
The European Commission says the Chinese-owned online retailer failed to take account of risks from baby toys and faulty chargers sold on its platform.
Bbc
May 28, 14:45
Oil prices fall after report of breakthrough in US-Iran talks
A report of a extended ceasefire, subject to Donald Trump's approval, has led to global oil prices to fall on Thursday.
TL;DR:
A report of a extended ceasefire, subject to Donald Trump's approval, has led to global oil prices to fall on Thursday.
Cointelegraph
May 28, 14:45
ERC-7943 author says institutions can’t play DeFi’s ‘pirate game’
RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.
More:
ERC-7943 author says institutions can’t play DeFi’s ‘pirate game’. RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.
TL;DR:
RWA standard ERC-7943 reaches final stage as Ethereum builders rethink how institutional finance move onchain.
Cointelegraph
May 28, 14:26
StanChart says Ethereum price will catch up to bullish internal metrics
Standard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak and fund flows turn negative.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Christina Comben , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Standard Chartered reaffirms bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak and fund flows turn negative.
Decrypt
May 28, 14:16
Prediction Market Myriad Launches $100K World Cup Competition
A prize pool of over $100,000 is available for top traders and makers on prediction markets linked to FIFA World Cup matches.
More:
Price data by In brief Prediction market Myriad has launched a $100,000 trading competition for the 2026 FIFA World Cup. The prize pool awards $20,000, $10,000, and $5,000 to the top three traders, with $10,000 split among the remaining leaderboard and $5,000 in weekly rewards for top makers.
TL;DR:
A prize pool of over $100,000 is available for top traders and makers on prediction markets linked to FIFA World Cup matches.
Coindesk
May 28, 14:13
Disciplined AI agents are the disruptor needed to break the exchange churn model
Programmable incentives that allow independent trading agents to earn only when portfolios rise will create a fairer market for retail customers, explains Naja.
More:
Brokerages and exchanges don't need customers to win, they need them to keep trading. Crypto exchanges and neobrokers made trading faster, cheaper and frankly, more addictive. The derivatives volume from Q1 of 2026 reached about $18.6 trillion , 70% of global crypto trading, with perpetuals dominating spot trading.
TL;DR:
Programmable incentives that allow independent trading agents to earn only when portfolios rise will create a fairer market for retail customers, explains Naja.
Coindesk
May 28, 14:00
Gemini taps SpaceXAI to build a personalized prediction markets feed
The new feature integrates SpaceXAI models to deliver real-time market intelligence, personalized signals and portfolio insights directly inside the Gemini app.
More:
Gemini (GEMI), the cryptocurrency platform founded by the billionaire Winklevoss twins, unveiled “Command Center,” a new AI-powered intelligence layer built into its prediction markets platform, in a blog post Thursday. Gemini described the product as a “mission control” interface for tracking prediction markets across crypto, sports, commodities, economics and politics.
TL;DR:
The new feature integrates SpaceXAI models to deliver real-time market intelligence, personalized signals and portfolio insights directly inside the Gemini app.
Theblock
May 28, 13:55
Kalshi’s turn: Prediction markets platform sues Minnesota over law going into effect in August
Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.
TL;DR:
Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.
Cointelegraph
May 28, 13:52
Bitcoin bids farewell to CME futures gaps with $67K still on the radar
Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000.
More:
Reviewed by Allen Scott , Staff Editor. Written by William Suberg , Staff Writer. Reviewed by Allen Scott , Staff Editor.
TL;DR:
Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000.
Cointelegraph
May 28, 13:40
XRP drops to 16-week lows: Can price fall below $1?
XRP breaks key support at $1.30 as bearish technical setups and weak investor sentiment point to a deeper correction toward $0.63.
More:
Reviewed by Allen Scott , Staff Editor. Written by Nancy Lubale , Staff Writer. Reviewed by Allen Scott , Staff Editor.
TL;DR:
XRP breaks key support at $1.30 as bearish technical setups and weak investor sentiment point to a deeper correction toward $0.63.
Theblock
May 28, 13:38
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
TL;DR:
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.
Coindesk
May 28, 13:38
'Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says
Investors are abandoning bitcoin and gold, perhaps sensing a coming end to Middle East hostilities.
More:
'Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says. Investors are abandoning bitcoin and gold, perhaps sensing a coming end to Middle East hostilities.
TL;DR:
Investors are abandoning bitcoin and gold, perhaps sensing a coming end to Middle East hostilities.
Coindesk
May 28, 13:36
Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.
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Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. Grayscale is a leading digital asset investment platform that provides investors with secure and regulated exposure to the cryptocurrency market.
TL;DR:
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.
Coindesk
May 28, 13:36
VanEck launches first U.S. spot BNB ETF on Nasdaq
The ETF offers investors BNB exposure through traditional brokerage accounts without requiring them to directly buy or store the token.
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The VanEck BNB ETF, trading under the ticker VBNB, began trading with shares backed by BNB held in cold storage through custodian Anchorage Digital Bank, according to the company . The launch follows amended filings from VanEck and Grayscale tied to proposed spot BNB ETFs. Spot bitcoin ETFs launched in the U.S.
TL;DR:
The ETF offers investors BNB exposure through traditional brokerage accounts without requiring them to directly buy or store the token.
Theblock
May 28, 13:30
Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch within the next two months.
TL;DR:
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch within the next two months.
Cointelegraph
May 28, 13:28
Aave Labs’ Push gains UK FCA crypto registration
Aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Zoltan Vardai , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping.
Coindesk
May 28, 13:27
Bit Digital bought $20 million ETH for first time since October before 15% plunge
The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss.
More:
Bit Digital bought $20 million ETH for first time since October before 15% plunge. The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss.
TL;DR:
Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss.
Cryptoslate
May 28, 13:25
Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows
Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate's data. It has slightly recovered to $73,274 […] The post Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows appeared first on CryptoSlate .
More:
Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets. The largest cryptocurrency fell as much as 3.6% over a 24-hour window, touching an intraday low of $72,792, according to CryptoSlate's data.
TL;DR:
Bitcoin fell toward the $72,000 level after a new wave of reported US military strikes on Iran pushed oil higher and sent another shock through risk assets.
Coindesk
May 28, 13:21
What's next as hot money cycle has gone from crypto to gold to AI to memory
As bitcoin and gold momentum fades, investor flows are increasingly rotating into AI infrastructure, semiconductor and memory-related equities.
More:
What's next as hot money cycle has gone from crypto to gold to AI to memory. As bitcoin and gold momentum fades, investor flows are increasingly rotating into AI infrastructure, semiconductor and memory-related equities.
TL;DR:
As bitcoin and gold momentum fades, investor flows are increasingly rotating into AI infrastructure, semiconductor and memory-related equities.
Coindesk
May 28, 13:12
CoinDesk 20 performance update: Stellar (XLM) jumps 10.5% as nearly all assets fall
NEAR Protocol (NEAR) declined 12.2% while Bitcoin Cash (BCH) dropped 12.1%, leading the index lower.
More:
CoinDesk 20 performance update: Stellar (XLM) jumps 10.5% as nearly all assets fall. NEAR Protocol (NEAR) declined 12.2% while Bitcoin Cash (BCH) dropped 12.1%, leading the index lower.
TL;DR:
NEAR Protocol (NEAR) declined 12.2% while Bitcoin Cash (BCH) dropped 12.1%, leading the index lower.
Cointelegraph
May 28, 12:50
Samsung units take $408M stake in Upbit operator Dunamu: Report
Samsung Securities, SDS and Card will buy 4% of Dunamu as Korean firms prepare for tokenized securities and stablecoin frameworks.
More:
Reviewed by Bryan O'Shea , Staff Editor. Reviewed by Bryan O'Shea , Staff Editor. Samsung Securities will acquire a 2% stake, while Samsung SDS and Samsung Card will each acquire 1%.
TL;DR:
Samsung Securities, SDS and Card will buy 4% of Dunamu as Korean firms prepare for tokenized securities and stablecoin frameworks.
Cointelegraph
May 28, 12:49
Ethereum under $2K: ETH whales sell as retail remains bullish
ETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment.
More:
Reviewed by Allen Scott , Staff Editor. Written by Yashu Gola , Staff Writer. Reviewed by Allen Scott , Staff Editor.
TL;DR:
ETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment.
Decrypt
May 28, 12:32
Morning Minute: Crypto Majors Slide on Iran Escalations, ETF Outflows
Massive ETF outflows just sent crypto sharply lower. Jefferies says the next crypto IPO wave could create a $1T public market.
More:
Morning Minute: Crypto Majors Slide on Iran Escalations, ETF Outflows. Massive ETF outflows just sent crypto sharply lower. Jefferies says the next crypto IPO wave could create a $1T public market.
TL;DR:
Massive ETF outflows just sent crypto sharply lower.
Cointelegraph
May 28, 12:22
BlackRock Bitcoin ETF sees near-record outflows as BTC dips below $75K
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Helen Partz , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.
Theblock
May 28, 12:22
Grayscale’s Hyperliquid ETF negotiating ‘seed’ investment of roughly $115 million in HYPE tokens
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.
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Grayscale’s Hyperliquid ETF negotiating ‘seed’ investment of roughly $115 million in HYPE tokens. Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.
TL;DR:
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.
Cointelegraph
May 28, 12:09
Mystery Bitcoin burn destroys 107 BTC worth about $8.5M
An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Zoltan Vardai , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
An unknown entity burned $8.5 million worth of Bitcoin after 12 years of holding, rendering the BTC unspendable, despite its price increasing by 12,700%.
Cryptoslate
May 28, 12:05
Stablecoins were supposed to bypass credit cards, but now Visa is winning crypto card payments
Stablecoins were built on the premise that removing intermediaries between sender and recipient would erode the relevance of legacy payment networks, but the fastest-growing consumer stablecoin product depends entirely on one. Data reported by The Kobeissi Letter shows crypto-card spending reached roughly $600 million per month, with $7.2 billion in cumulative on-chain card volume across […] The post Stablecoins were supposed to bypass credit cards, but now Visa is winning crypto card payments appeared first on CryptoSlate .
More:
Stablecoins were built on the premise that removing intermediaries between sender and recipient would erode the relevance of legacy payment networks, but the fastest-growing consumer stablecoin product depends entirely on one. Data reported by The Kobeissi Letter shows crypto-card spending reached roughly $600 million per month, with $7.
TL;DR:
Stablecoins were built on the premise that removing intermediaries between sender and recipient would erode the relevance of legacy payment networks, but the fastest-growing consumer stablecoin product depends entirely on one.
Coindesk
May 28, 11:58
VanEck's tokenized fund lands on Euler as DeFi courts Wall Street institutions
DeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain.
More:
Securitize (CEPT), issuer and tokenization specialist behind VanEck's VBILL Treasury fund, said Thursday that the product is now live on Euler lending markets. The move allows investors to use tokenized U.S. Standard Chartered projected $2 trillion in tokenized assets by 2028, while BCG and Ripple forecasted a $18.9 trillion market size by 2033.
TL;DR:
DeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain.
Theblock
May 28, 11:43
Sui blockchain experiences second ‘stall’ in five months
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a block in nearly 2 hours.
TL;DR:
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a block in nearly 2 hours.
Coindesk
May 28, 11:28
U.S.-Iran strikes rattle global markets, send bitcoin to 6-week low
Bitcoin BTC $ 73,707.14 fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S.
More:
U.S.-Iran strikes rattle global markets, send bitcoin to 6-week low. and Iran rattled global markets, pushing oil higher and dimming hopes for a permanent ceasefire. Crypto markets reacted alongside broader risk assets.
TL;DR:
Bitcoin BTC $ 73,707.14 fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S.
Coindesk
May 28, 10:55
Samsung units to buy $408 million stake in South Korea’s biggest crypto exchange
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
More:
Three Samsung affiliates agreed to buy a 4% stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, for a total of 612.8 billion won ($408 million), the Korea Herald reported . It is joined by credit card provider Samsung Card and IT arm Samsung SDS, each taking a 1% stake, according to the Korea Herald.
TL;DR:
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
Coindesk
May 28, 10:48
Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
The bank says onchain metrics will pull the price back up, just as Amazon's stock price recovered after 2001. A retail dip-buying frenzy and a record futures short build say the bottom isn't in yet.
More:
Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop. The bank says onchain metrics will pull the price back up, just as Amazon's stock price recovered after 2001. A retail dip-buying frenzy and a record futures short build say the bottom isn't in yet.
TL;DR:
The bank says onchain metrics will pull the price back up, just as Amazon's stock price recovered after 2001.
Coindesk
May 28, 10:47
Bitcoin’s famous CME gaps are about to disappear, though three remain unresolved
The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.
More:
While weekend trades will still clear on the next business day, the broader implication is significant as the long-standing CME weekend gap has effectively disappeared. For years, the Friday close through Sunday reopen created one of bitcoin's most recognizable structural inefficiencies.
TL;DR:
The launch of round-the-clock bitcoin futures trading eliminates the long-standing CME weekend gap and marks another step toward fully integrated institutional crypto markets.
Cryptoslate
May 28, 10:45
DeFi’s automated yield protocols were built for retail, now they just add another layer of risk
Automated yield protocols built DeFi's most persuasive retail pitch that depositing into a vault was all a user needed to do, with the protocol handling everything else. For users wanting exposure to Curve's boosted yields without manually managing CRV locks, vote power, wrappers, gauges, and incentives, Stake DAO offered a product that packaged the full […] The post DeFi’s automated yield protocols were built for retail, now they just add another layer of risk appeared first on CryptoSlate .
More:
Automated yield protocols built DeFi's most persuasive retail pitch that depositing into a vault was all a user needed to do, with the protocol handling everything else. For users wanting exposure to Curve's boosted yields without manually managing CRV locks, vote power, wrappers, gauges, and incentives, Stake DAO offered a product that packaged the full […] The post DeFi’s au…
TL;DR:
Automated yield protocols built DeFi's most persuasive retail pitch that depositing into a vault was all a user needed to do, with the protocol handling everything else.
Decrypt
May 28, 10:39
Bitcoin Slips Under $73K as Crypto Liquidations Near $1B
Price data by In brief Bitcoin fell to lows of $72,711 Thursday, as ETFs shed $1.02 billion across three days.
More:
Price data by In brief Bitcoin fell to lows of $72,711 Thursday, as ETFs shed $1.02 billion across three days. The crypto market saw almost $1 billion in liquidations over the past day as Bitcoin dipped under $73,000, with U.S.
TL;DR:
The near-$1 billion crypto liquidation spree comes amid rising tensions over the U.S.-Iran conflict and ETF outflows.
Cointelegraph
May 28, 10:30
Polymarket exec says KYC limited to beta product, not existing platform
Polymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform.
More:
Reviewed by Bryan O'Shea , Staff Editor. Written by Ezra Reguerra , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
Polymarket executive Josh Stevens said identity checks apply only to early beta access and are not being added to Polymarket’s existing platform.
News
May 28, 10:28
Tap water disruption for thousands of customers set to continue over weekend
Thousands of people in Kent have been warned that disruption to their tap water supply is likely to continue over the weekend.
TL;DR:
Thousands of people in Kent have been warned that disruption to their tap water supply is likely to continue over the weekend.
Bbc
May 28, 10:17
Ousted BP chairman hits back at 'lies' about his behaviour
Albert Manifold said no-one should be "allowed to hide behind anonymity" when commenting on his time at BP.
TL;DR:
Albert Manifold said no-one should be "allowed to hide behind anonymity" when commenting on his time at BP.
Cointelegraph
May 28, 09:48
BIS Project Agorá shows tokenized payments can settle in seconds
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.
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Reviewed by Bryan O'Shea , Staff Editor. Written by Christina Comben , Staff Writer. Reviewed by Bryan O'Shea , Staff Editor.
TL;DR:
The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.
Decrypt
May 28, 09:47
CFTC, Gemini File Joint Motion to Reverse $5M Settlement
The regulator filed alongside the crypto exchange to undo a 2025 consent order it now says "should not have been filed."
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Price data by In brief The CFTC and crypto exchange Gemini have jointly filed a motion for relief from judgment seeking to undo a January 2025 consent order. The regulator concluded its original 2022 complaint against crypto exchange Gemini should not have been filed and would not have been under current enforcement standards.
TL;DR:
The regulator filed alongside the crypto exchange to undo a 2025 consent order it now says "should not have been filed."
Cointelegraph
May 28, 09:44
Crypto liquidations hit $935M as Bitcoin price dips to $72.6K
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.
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Reviewed by Allen Scott , Staff Editor. Written by Nancy Lubale , Staff Writer. Reviewed by Allen Scott , Staff Editor.
TL;DR:
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.
Cryptoslate
May 28, 08:55
Bitcoin slips below $74k for the first time since April as on-chain data shows momentum stalling
Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market's recovery from spring lows lost momentum again. The first break came on May 23, when spot ETF outflows and forced liquidations pulled BTC to below $75,000. Then, amid a sell-off in Asian markets, Bitcoin has dipped […] The post Bitcoin slips below $74k for the first time since April as on-chain data shows momentum stalling appeared first on CryptoSlate .
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Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market's recovery from spring lows lost momentum again. The first break came on May 23, when spot ETF outflows and forced liquidations pulled BTC to below $75,000.
TL;DR:
Bitcoin slipped below $75,000 for the second time in May, touching an intraday low near $74,200 as the market's recovery from spring lows lost momentum again.
Cointelegraph
May 28, 07:17
Crypto companies have tightened compliance, but gaps remain: Chainalysis
Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Stephen Katte , Staff Writer. Reviewed by Jesse Coghlan , Staff Editor.
TL;DR:
Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.
Cointelegraph
May 28, 07:00
BNB joins US spot ETF market through VanEck’s VBNB launch
The physically backed fund gives US investors exchange-traded exposure to the Binance-linked cryptocurrency through traditional brokerage accounts.
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Reviewed by Robert Lakin , Staff Editor. Written by Nate Kostar , Staff Writer. Reviewed by Robert Lakin , Staff Editor.
TL;DR:
The physically backed fund gives US investors exchange-traded exposure to the Binance-linked cryptocurrency through traditional brokerage accounts.
Cointelegraph
May 28, 06:54
Crypto markets shed $80B after fresh US strikes on Iran
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Martin Young , Staff Writer. Reviewed by Jesse Coghlan , Staff Editor.
TL;DR:
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks.
Bbc
May 28, 06:44
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
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The £5 coffee that tells a story of global economic turmoil. Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
TL;DR:
Coffees at some city centre outlets now cost £5.
Cointelegraph
May 28, 06:41
CFTC seeks to reverse settlement deal with Gemini
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.
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Reviewed by Jesse Coghlan , Staff Editor. Written by Brayden Lindrea , Staff Writer. Reviewed by Jesse Coghlan , Staff Editor.
TL;DR:
The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.
Cointelegraph
May 28, 05:09
Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
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Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?. Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed. Is sub-$70,000 BTC next?
TL;DR:
Bitcoin dropped closer to a critical support level as spot and long futures traders’ efforts to hold $75,000 failed.
Bbc
May 28, 02:47
Australia sues US giant 3M over 'forever chemicals' in firefighting foam
The A$2bn case, which centres on contamination at defence sites, is the largest ever brought by the government.
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Australia sues US giant 3M over 'forever chemicals' in firefighting foam. The A$2bn case, which centres on contamination at defence sites, is the largest ever brought by the government.
TL;DR:
The A$2bn case, which centres on contamination at defence sites, is the largest ever brought by the government.
Bbc
May 28, 00:14
Why Fifa is being investigated over World Cup ticket prices
New York and New Jersey are looking into the association after fans have reportedly been "misled" over ticket sales and seat locations.
TL;DR:
New York and New Jersey are looking into the association after fans have reportedly been "misled" over ticket sales and seat locations.
Bbc
May 27, 23:14
Is 'out of control' US tipping culture spreading overseas?
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.
TL;DR:
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.
Bbc
May 27, 22:00
The world's carmakers are struggling to compete with China
The BBC visited China’s EV factories and found they are dominating the ecosystems shaping the global auto industry.
TL;DR:
The BBC visited China’s EV factories and found they are dominating the ecosystems shaping the global auto industry.
Decrypt
May 27, 21:09
AI Chatbots Could Quietly Pull Users Away From Reality, Researchers Warn
Researchers warn that prolonged chatbot interactions could distort how some users experience reality and social connection.
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Price data by In brief A new study argues the term “AI psychosis” oversimplifies how chatbots affect mental health. Researchers say AI systems can reinforce unhealthy beliefs through constant affirmation and emotional validation.
TL;DR:
Researchers warn that prolonged chatbot interactions could distort how some users experience reality and social connection.
Decrypt
May 27, 21:07
Here's How Much Bitcoin Elon Musk Would Control If SpaceX and Tesla Merge
If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk's combined entity would hold billions of dollars' worth of Bitcoin.
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Price data by In brief A CNBC report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former's IPO looms. The combined public entity would rank inside the top five of publicly traded Bitcoin treasuries.
TL;DR:
If Tesla and SpaceX merged—as is a reported possibility—then Elon Musk's combined entity would hold billions of dollars' worth of Bitcoin.
Decrypt
May 27, 20:52
Ethereum Traders Grow Increasingly Bearish as ETFs Bleed, ETH Sinks Near $2,000
Predictors on Myriad are losing faith, believing it's more likely that Ethereum dumps to $1,500 before a prospective move up to $3,000.
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Price data by In brief Predictors on Myriad favor a "dump" as ETH's next price move, favoring a dip to $1,500 more than a jump to $3,000. Odds have jumped 13% in the last week as ETH continues to slide, trading just above $2,000 on Wednesday. Its recent fall has been catalyzed by nearly $500 million in ETF outflows over its 11-day losing streak.
TL;DR:
Predictors on Myriad are losing faith, believing it's more likely that Ethereum dumps to $1,500 before a prospective move up to $3,000.
Decrypt
May 27, 20:33
ElevenLabs, Stability AI Drop New AI Music Models—Can They Catch Suno?
Music v2 brings genre-shifting and section-by-section composition to ElevenLabs. Stable Audio 3.0 ships open weights and six-minute tracks. Is either good enough to dethrone the category leader?
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ElevenLabs, Stability AI Drop New AI Music Models—Can They Catch Suno?. Music v2 brings genre-shifting and section-by-section composition to ElevenLabs. Is either good enough to dethrone the category leader?
TL;DR:
Music v2 brings genre-shifting and section-by-section composition to ElevenLabs.
Decrypt
May 27, 20:23
Marvel Comics Icon Stan Lee Has Been 'Revived' With AI Tech—Again
ElevenLabs has licensed Stan Lee’s voice and likeness, adding the late Marvel comic creator to a growing market for AI celebrity replicas.
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Price data by In brief ElevenLabs licensed Stan Lee’s voice and likeness for AI-generated narration and comic-inspired visuals. The company also launched AI music filters and a “Stan Lee Book of the Month Club” using his AI-generated voice. Marvel icon Stan Lee has been "revived" as an AI creation—and it’s not the first time.
TL;DR:
ElevenLabs has licensed Stan Lee’s voice and likeness, adding the late Marvel comic creator to a growing market for AI celebrity replicas.
Cryptoslate
May 27, 19:35
Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital
The miner's $16.8 billion lease base shows how power and BTC-backed debt are financing a move beyond mining. The post Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital appeared first on CryptoSlate .
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Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital. The miner's $16.8 billion lease base shows how power and BTC-backed debt are financing a move beyond mining. The post Hut 8 AI landlord data center strategy turns Bitcoin collateral into bridge capital appeared first on CryptoSlate .
TL;DR:
The miner's $16.8 billion lease base shows how power and BTC-backed debt are financing a move beyond mining.
Decrypt
May 27, 19:31
DeepSeek, Xiaomi Just Made Frontier AI 99% Cheaper. American Labs Went the Other Way
Back-to-back price cuts from China's top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus.
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Price data by In brief DeepSeek made its 75% V4-Pro discount permanent on May 22, locking in output at $0.87 per million tokens. Xiaomi cut MiMo-V2.5 prices by up to 99% on May 26, with cached input now at $0.0036 per million tokens for the Pro model. to use the model in their own environment.
TL;DR:
Back-to-back price cuts from China's top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus.
Decrypt
May 27, 18:49
Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes
Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.
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Price data by In brief Cash App has introduced fee-free USDC stablecoin transactions across Ethereum, Solana, Polygon, and Arbitrum. Unlike Venmo, Cash App automatically converts incoming stablecoins into standard U.S. Unlike some competitors, stablecoins received by Cash App users are automatically converted into dollars, represented as standard balances.
TL;DR:
Cash App has begun supporting stablecoin transactions on networks including Ethereum and Solana, pushing past its Bitcoin-based roots.
Decrypt
May 27, 17:43
OpenAI Foundation Pledges $250 Million to Help Cushion AI's Economic Disruption
The philanthropic arm of ChatGPT maker OpenAI will fund research, worker support, and new models for sharing the gains from automation.
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OpenAI Foundation Pledges $250 Million to Help Cushion AI's Economic Disruption. The philanthropic arm of ChatGPT maker OpenAI will fund research, worker support, and new models for sharing the gains from automation.
TL;DR:
The philanthropic arm of ChatGPT maker OpenAI will fund research, worker support, and new models for sharing the gains from automation.
Decrypt
May 27, 17:35
YouTube Makes AI Content Labels More Prominent as Google Pushes Video Remix Tools
YouTube says new disclosure tools and automatic AI detection will help viewers more easily identify AI-generated videos.
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Price data by In brief YouTube is moving AI disclosure labels into more visible positions on Shorts and long-form videos. Under the updated system, labels on long-form videos will appear directly below the player, while labels on Shorts will appear as overlays on the video itself.
TL;DR:
YouTube says new disclosure tools and automatic AI detection will help viewers more easily identify AI-generated videos.
News
May 27, 17:30
Students 'misled' over university loans, says top committee chair
Students received "misleading" advice from the government about loans to pay for their university education, the chair of a top parliamentary committee has told Sky News.
TL;DR:
Students received "misleading" advice from the government about loans to pay for their university education, the chair of a top parliamentary committee has told Sky News.
Cryptoslate
May 27, 17:20
CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more
The exchange is taking crypto futures and options 24/7, while trade dates, settlement and reporting stay tied to business days. The post CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more appeared first on CryptoSlate .
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CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more. The exchange is taking crypto futures and options 24/7, while trade dates, settlement and reporting stay tied to business days. The post CME’s 24/7 crypto launch will kill Bitcoin’s weekend gap, but Monday now matters more appeared first on CryptoSlate .
TL;DR:
The exchange is taking crypto futures and options 24/7, while trade dates, settlement and reporting stay tied to business days.
Decrypt
May 27, 17:08
SoFi Launches SoFiUSD Stablecoin Across Ethereum and Solana
SoFi is making its SoFiUSD token available to members, marking a milestone in the convergence of regulated banking and blockchain.
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Price data by In brief SoFi launched SoFiUSD, the first stablecoin issued by a U.S. national bank available directly inside a consumer banking app, accessible to nearly 15 million members. national bank to make a bank-issued stablecoin available directly within a consumer banking app, it said Wednesday —a move that underscores how rapidly the line between traditional finance a…
TL;DR:
SoFi is making its SoFiUSD token available to members, marking a milestone in the convergence of regulated banking and blockchain.
Bbc
May 27, 16:58
Why paying £5 for a latte is here to stay
Poor coffee harvests in Brazil and Vietnam are just some of the factors driving up the price of your morning cup of coffee.
TL;DR:
Poor coffee harvests in Brazil and Vietnam are just some of the factors driving up the price of your morning cup of coffee.
Bbc
May 27, 16:13
How you can save money on your energy bill
Experts say action now can save money when the pinch comes this winter.
TL;DR:
Experts say action now can save money when the pinch comes this winter.
Decrypt
May 27, 15:42
Kraken Now Lets You Earn Yield on Bitcoin Holdings via Lending Vaults
Price data by In brief Kraken users can now earn yield from their Bitcoin holdings via the exchange's new Bitcoin Vaults. Putting BTC in the vaults earns up to 2.5% APY in Bitcoin rewards.
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Price data by In brief Kraken users can now earn yield from their Bitcoin holdings via the exchange's new Bitcoin Vaults. Putting BTC in the vaults earns up to 2.5% APY in Bitcoin rewards. From there, the risk firm builds and executes lending and borrowing strategies to earn yield directly on-chain using “well-known on-chain protocols like Aave, Morpho, [and] Tydro.”
TL;DR:
Kraken customers can make use of their Bitcoin holdings and generate BTC yield without ever leaving the exchange.
Decrypt
May 27, 15:22
Huawei's New Benchmark Gives AI Agents Months of Your Life—Then Watches Them Fail
Claw-Anything simulates a real digital existence and asks AI assistants to handle it. GPT-5.5, the best model available, scored 34.5%.
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Huawei's New Benchmark Gives AI Agents Months of Your Life—Then Watches Them Fail. Claw-Anything simulates a real digital existence and asks AI assistants to handle it. GPT-5.5, the best model available, scored 34.5%.
TL;DR:
Claw-Anything simulates a real digital existence and asks AI assistants to handle it.
Cryptoslate
May 27, 15:15
Ethereum’s privacy push faces a 12-month deadline as markets reward privacy-first assets
Ethereum developers are racing to bring native privacy to the world’s largest smart contract blockchain as investors warn that delays could weaken ETH’s claim as crypto’s default settlement layer. The pressure has intensified as the market rotates toward privacy-focused assets while Ethereum struggles to hold investor attention amid its current wave of FUD and questions […] The post Ethereum’s privacy push faces a 12-month deadline as markets reward privacy-first assets appeared first on CryptoSlate .
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Ethereum developers are racing to bring native privacy to the world’s largest smart contract blockchain as investors warn that delays could weaken ETH’s claim as crypto’s default settlement layer.
TL;DR:
Ethereum developers are racing to bring native privacy to the world’s largest smart contract blockchain as investors warn that delays could weaken ETH’s claim as crypto’s default settlement layer.
Bbc
May 27, 15:13
'I fear for my son's farming future due to costs'
One farmer says his red diesel costs have risen from £27,000 a year to £54,000.
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'I fear for my son's farming future due to costs'. One farmer says his red diesel costs have risen from £27,000 a year to £54,000.
TL;DR:
One farmer says his red diesel costs have risen from £27,000 a year to £54,000.
Decrypt
May 27, 14:58
Mastercard Secures New York BitLicense in Push for Stablecoins, Tokenized Deposits
Mastercard has secured a highly coveted BitLicense in New York, anchoring its compliance-first strategy for stablecoins on Wall Street.
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Mastercard is actively defending its market dominance by integrating stablecoins into traditional banking via firms like SoFi. The move highlights Mastercard’s focus on regulatory compliance in a sector gaining steam among financial incumbents. “This approval underscores our focus on aligning innovation with regulatory expectations.
TL;DR:
Mastercard has secured a highly coveted BitLicense in New York, anchoring its compliance-first strategy for stablecoins on Wall Street.
Decrypt
May 27, 13:43
Robinhood Opens Platform to AI Agents for Stock Trading and Credit Card Spending
Retail brokerage Robinhood now lets users delegate stock purchases and credit card transactions to third-party AI systems.
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Price data by In brief Robinhood launched Agentic Trading and an Agentic Credit Card, letting third-party AI agents execute stock trades and make purchases on users' behalf. The company announced Agentic Trading and the Agentic Credit Card, enabling AI agents to execute trades and credit card purchases for users. Agents can be disconnected instantly.
TL;DR:
Retail brokerage Robinhood now lets users delegate stock purchases and credit card transactions to third-party AI systems.
Cryptoslate
May 27, 13:40
Tiny x402 payments expose the approval gap holding AI agents back
Agentic payment protocol x402 volume collapsed roughly 77% from its November 2025 peak of $5.15 million to $1.19 million by May 2026. Meanwhile, transaction count fell only 41% from its December 2025 peak of 4.85 million, then rebounded to 2.89 million in May, up 12.5x from a February trough, with an average transaction size of […] The post Tiny x402 payments expose the approval gap holding AI agents back appeared first on CryptoSlate .
More:
Tiny x402 payments expose the approval gap holding AI agents back. Agentic payment protocol x402 volume collapsed roughly 77% from its November 2025 peak of $5.15 million to $1.19 million by May 2026. Meanwhile, transaction count fell only 41% from its December 2025 peak of 4.85 million, then rebounded to 2.89 million in May, up 12.
TL;DR:
Agentic payment protocol x402 volume collapsed roughly 77% from its November 2025 peak of $5.15 million to $1.19 million by May 2026.
Bbc
May 27, 13:14
How a rise in energy bills will affect you from July
Household energy prices will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time.
TL;DR:
Household energy prices will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time.
Decrypt
May 27, 13:09
Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'
The charges against the CatFi creators mark the first time South Korean prosecutors have applied the new Virtual Asset User Protection Act.
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Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'. The charges against the CatFi creators mark the first time South Korean prosecutors have applied the new Virtual Asset User Protection Act.
TL;DR:
The charges against the CatFi creators mark the first time South Korean prosecutors have applied the new Virtual Asset User Protection Act.
Decrypt
May 27, 12:28
Morning Minute: Dark Pool Trader Dumps $1.3B in IBIT in Single Clip
Strategy is paying down its debt instead of buying Bitcoin, and AI tokens are now massively outperforming BTC.
More:
Morning Minute: Dark Pool Trader Dumps $1.3B in IBIT in Single Clip. Strategy is paying down its debt instead of buying Bitcoin, and AI tokens are now massively outperforming BTC.
TL;DR:
Strategy is paying down its debt instead of buying Bitcoin, and AI tokens are now massively outperforming BTC.
Decrypt
May 27, 12:16
Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’
Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
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Prediction markets should “thrive” under federal “rules of the road,” Trump said, arguing that other countries are pursuing the market and tying the issue to his broader push to keep crypto activity in the U.S. could be “left out in the cold” if other countries moved first.
TL;DR:
Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
Bbc
May 27, 11:32
Why it's now harder to get a Saturday job
The boss of Next has warned there has been a "dramatic fall" in the number of entry-level job opportunities in the UK.
TL;DR:
The boss of Next has warned there has been a "dramatic fall" in the number of entry-level job opportunities in the UK.
Decrypt
May 27, 11:13
$1.3B Worth of BlackRock's IBIT Changes Hands in Dark Pool Sale
Price data by In brief A $1.3 billion block of BlackRock’s IBIT was traded in a dark pool sale Tuesday, one of the largest since the launch of U.S. spot Bitcoin ETFs.
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Price data by In brief A $1.3 billion block of BlackRock’s IBIT was traded in a dark pool sale Tuesday, one of the largest since the launch of U.S. spot Bitcoin ETFs. spot Bitcoin ETFs extended their outflow streak, with IBIT facing $192.4 million in net redemptions on Tuesday, per SoSoValue data.
TL;DR:
A $1.3 billion off-exchange IBIT block sale shook Bitcoin Tuesday, but experts say the real test is yet to come.
News
May 27, 09:19
Former BP boss hits back at oil giant after his ousting
The former chairman of BP has come out swinging against his ousting, saying no one has ever made the kinds of bullying accusations levelled against him in recent days.
TL;DR:
The former chairman of BP has come out swinging against his ousting, saying no one has ever made the kinds of bullying accusations levelled against him in recent days.
Bbc
May 27, 07:39
Energy bills to rise for millions as impact of Iran war hits
A household using a typical amount of energy will pay £221 a year more, under the regulator's new price cap.
TL;DR:
A household using a typical amount of energy will pay £221 a year more, under the regulator's new price cap.
Bbc
May 27, 05:56
'Bullying' and 'overbearing' behaviour behind abrupt BP chairman removal
BP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.
TL;DR:
BP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.
Bbc
May 27, 05:23
Farmers' warning as milk prices fall below cost
Farmers worry more family farms will be sold unless dairy prices rise quickly.
TL;DR:
Farmers worry more family farms will be sold unless dairy prices rise quickly.
Bbc
May 27, 04:02
Ferrari shares slump after it unveils first fully electric car
The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.
TL;DR:
The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.
Bbc
May 27, 02:15
Booming AI chip demand helps create two new $1tn club members
SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
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Booming AI chip demand helps create two new $1tn club members. SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
TL;DR:
SK Hynix and Micron are the latest tech firms to join the growing list of stocks with mega valuations.
Decrypt
May 26, 21:53
Some Non-Enhanced Athletes Beat Their Juiced Rivals at the 'Steroid Olympics'
The inaugural games produced a record-breaking swim, but several non-enhanced athletes still beat the enhanced competitors.
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Price data by In brief Greek swimmer Kristian Gkolomeev posted an unofficial world-record time in the men’s 50-meter freestyle. Weightlifting produced some of the event’s most dramatic performances tied to enhancement drugs.
TL;DR:
The inaugural games produced a record-breaking swim, but several non-enhanced athletes still beat the enhanced competitors.
Decrypt
May 26, 21:19
Someone Just Destroyed $8.2 Million in Bitcoin—Why?
Five unknown addresses removed 107 Bitcoin worth $8.2 million from circulation today, sparking intrigue on social media.
More:
Price data by In brief Bitcoin addresses created in 2014 simultaneously transferred a combined 107 Bitcoin worth $8.2 million to a well-known burn address. Because funds sent to a burn address have no accessible private key, the funds were permanently destroyed.
TL;DR:
Five unknown addresses removed 107 Bitcoin worth $8.2 million from circulation today, sparking intrigue on social media.
News
May 26, 20:00
Police issue warning over Post Office scandal probe
Police have warned that time is running out for the victims of the Horizon Post Office scandal to receive justice, unless millions of pounds are funnelled into the criminal investigation.
TL;DR:
Police have warned that time is running out for the victims of the Horizon Post Office scandal to receive justice, unless millions of pounds are funnelled into the criminal investigation.
News
May 26, 16:37
We all face higher bills for mounting household energy debt
There is alarm over growing household energy debts as we learn the price cap is going up 13% this summer, with the potential for further hikes ahead.
TL;DR:
There is alarm over growing household energy debts as we learn the price cap is going up 13% this summer, with the potential for further hikes ahead.
News
May 26, 15:04
Inside the 'extreme' movement that could help you retire decades early
Former gambling addict David Scothern will retire 20 years earlier than the average Briton.
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Inside the 'extreme' movement that could help you retire decades early. Former gambling addict David Scothern will retire 20 years earlier than the average Briton.
TL;DR:
Former gambling addict David Scothern will retire 20 years earlier than the average Briton.
Bbc
May 25, 17:17
This beach hut costs the same as a three-bedroom house
A beach hut has gone on the market for £200,000 - the same price as some houses further along the Welsh coast.
TL;DR:
A beach hut has gone on the market for £200,000 - the same price as some houses further along the Welsh coast.
Bbc
May 24, 23:13
Morocco wants tourists to visit Western Sahara. Some say it's tightening its control
The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.
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Morocco wants tourists to visit Western Sahara. Some say it's tightening its control. The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.
TL;DR:
The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.
Bbc
May 24, 01:02
'Six eggs used to be £1' - why everyday essentials cost so much more now
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
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'Six eggs used to be £1' - why everyday essentials cost so much more now. Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
TL;DR:
Six supermarket brand eggs cost £1 in 2022.
Bbc
May 23, 09:37
The Leeds designer outlet that's 15 miles from Leeds
A rebrand of the junction 32 retail park off the M62 has gone down poorly with some locals in Castleford.
TL;DR:
A rebrand of the junction 32 retail park off the M62 has gone down poorly with some locals in Castleford.
Bbc
May 22, 14:06
Why are unpaid debt court cases rising?
To play this video you need to enable JavaScript in your browser. This video can not be played Close Why are unpaid debt court cases rising? Financial expert Laura Pomfret explains.
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Why are unpaid debt court cases rising?. This video can not be played Close Why are unpaid debt court cases rising? To watch this with subtitles go to BBC iPlayer and search for Morning Live from 22/05/2026.
TL;DR:
To play this video you need to enable JavaScript in your browser.
24/7 Wall St.
May 22, 07:00
Which Bitcoin (BTC) ETF Is Best for Investors? - 24/7 Wall St.
Which Bitcoin (BTC) ETF Is Best for Investors? 24/7 Wall St.
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Which Bitcoin (BTC) ETF Is Best for Investors?
Bbc
May 21, 23:14
Love factually: Dating start-ups promise to cut the cheats
Frustration with fake dating profiles has spurred new dating services with different approaches.
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Love factually: Dating start-ups promise to cut the cheats. Frustration with fake dating profiles has spurred new dating services with different approaches.
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Frustration with fake dating profiles has spurred new dating services with different approaches.
Bbc
May 20, 23:19
The fight against foreign developers buying Caribbean beaches
Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.
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The fight against foreign developers buying Caribbean beaches. Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.
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Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.
Bbc
May 18, 23:04
Robo-top: The machines that could make your next t-shirt
Most clothes are made in Asia, but new machines could bring some of that work back to the West.
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Most clothes are made in Asia, but new machines could bring some of that work back to the West.
Bbc
May 18, 07:25
Why does Amazon have no Western rivals?
The internet giant dwarfs other online retailers on both sides of the Atlantic.
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Why does Amazon have no Western rivals?. The internet giant dwarfs other online retailers on both sides of the Atlantic.
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The internet giant dwarfs other online retailers on both sides of the Atlantic.
Bbc
May 18, 05:18
Rise in solar panel sales as people 'want to save money'
One director, who has just bought 2,000 panels, hopes to safeguard the company's future bills.
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Rise in solar panel sales as people 'want to save money'. One director, who has just bought 2,000 panels, hopes to safeguard the company's future bills.
TL;DR:
One director, who has just bought 2,000 panels, hopes to safeguard the company's future bills.
Bbc
May 14, 23:03
Inside the secretive and lucrative world of orchid breeding
It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.
TL;DR:
It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.