Strive adds 1,109 Bitcoin as digital credit products gain tractionThe company increased its holdings to 16,500 BTC as Bitcoin-linked preferred securities such as SATA and Strategy’s STRC gain traction in emerging “digital credit” markets.Strive purchased 1,109 Bitcoin between May 19 and May 22, increasing its holdings to 16,500 BTC, according to a Tuesday SEC filing. The company said it held about $93.3 million in cash and cash equivalents as of May 22, alongside roughly $50.1 million in fair value tied to its holdings of Strategy’s Stretch preferred stock product, STRC. The Dallas, Texas-based company also said it is evaluating refreshed at-the-market stock sale programs that could fund additional Bitcoin (BTC) purchases.Strive boosted its Class A common shares outstanding by more than 2.2 million shares during the period, while its SATA preferred stock count rose by about 515,000 shares, reflecting continued use of equity-linked financing tied to its Bitcoin treasury strategy.Read more
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Bitcoin mining stocks jump as AI infrastructure boom boosts sector outlookWall Street’s semiconductor-driven surge is fueling fresh momentum for crypto miners betting their power-heavy infrastructure can support the AI boom.Several Bitcoin mining stocks rallied Tuesday, reflecting a broader equity surge driven by optimism around artificial intelligence productivity gains as more miners pivot toward AI and high-performance computing workloads.In addition to TeraWulf (WULF), which rallied by as much as 17% on news of a Kentucky data center acquisition site, Hut 8 (HUT), IREN (IREN) and Riot Platforms (RIOT) closed more than 5% higher on the day.The rally underscores growing investor enthusiasm for Bitcoin miners that are repurposing parts of their energy infrastructure and data center capacity to support AI and high-performance computing applications — businesses viewed as potentially more stable and lucrative than crypto mining alone.Read more
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Crypto advocacy group challenges Senator Warren's claims on OCC chartersAfter Massachusetts Senator Elizabeth Warren's claimed that the Comptroller may have violated US banking laws by approving crypto companies’ charters, The Digital Chamber urged the regulator to defend the applications.Update (May 26 at 9:30 pm UTC): This article has been updated to include statements from The Digital Chamber.The Digital Chamber, a cryptocurrency advocacy group that has been closely involved in negotiations with US lawmakers over digital asset-related legislation, questioned three-term Massachusetts Senator Elizabeth Warren’s understanding of banking laws as applied to crypto companies.In a Tuesday letter to the US Comptroller of the Currency (OCC) Jonathan Gould, Digital Chamber CEO Cody Carbone challenged many of the claims in the Massachusetts lawmaker’s May 18 letter. In that letter, Warren said that the OCC may have violated the National Bank Act by approving national trust charters for nine crypto companies “that intend to engage in activities that appear to go far beyond the narrow set of activities permitted by law.”Read more
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HYPE chases new highs as ETF inflows, institutional adoption accelerateHYPE reached new highs above $65 following record ETF inflows, futures participation and trading volumes at Hyperliquid exchange. Is $100 next?Hyperliquid’s native token HYPE continues to rally, possibly targeting $100 as its next all-time high, as inflows to its exchange-traded funds highlight investor demand. Inflows into the HYPE ETFs reached $89 million over the past nine days, which is equivalent to nearly $9.2 million in daily buying pressure. The combined assets under management (AUM) across Bitwise’s BHYP and 21Shares’s THYP climbed to $89 million within days of launch, giving HYPE one of the fastest ETF accumulation curves among crypto investment products.Read more
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Bitcoin drops after $78K pop, but ‘value investor’ keeps ‘hoovering up cheap’ BTCBitcoin’s rangebound trading carries on as bears defend $77,000 and bulls hold out near $74,000.Bitcoin’s (BTC) consolidation continued into a fourth week, with the price finding support at $74,000 and resistance in the $78,000 to $80,000 range. According to Hyblock analysts, the intra-day rally to $78,164 hit a pocket where “longs that had previously opened up (that are in a position) were underwater and likely exited here at breakeven.” Media BTC/USDT net positions heatmap. Source: HyblockRead more
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Trump backs CFTC authority over prediction marketsUS President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials.US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against the platforms mounts.“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” Trump posted to his social media platform Truth Social on Tuesday.Trump also took aim at several officials whose states have launched legal action against prediction markets, including Kalshi, Polymarket, Crypto.com and Robinhood.Read more
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Tom Lee predicts supercycle amid Bitmine’s largest Ethereum buy in 2026Bitmine purchased 111,942 Ether last week, its biggest buy so far in 2026, after the token dropped below $2,200.The Ether buying company Bitmine Immersion Technologies has made its biggest purchase so far in 2026 as its chairman, Tom Lee, doubled down on the idea of an impending crypto supercycle.Lee said Tuesday that in the past week, Bitmine bought 111,942 Ether (ETH) after a recent pullback sent the token below $2,200 and presented an “attractive opportunity.” Ether has traded between $2,025 and $2,147 over the past seven days.He also reiterated his theory of a supercycle ahead for crypto and Ether, driven by Wall Street’s interest in tokenization and artificial intelligence-powered agents.Read more
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Base launches new tool to connect crypto wallets to AI agentsAI models will be able to transfer funds, swap tokens, check balances and review transaction history with a new tool from Base.Base, the Ethereum layer-2 blockchain from crypto exchange Coinbase, has launched a tool to connect Base accounts to artificial intelligence agents for blockchain operations.Base said on Tuesday that its new Base MCP (Model Context Protocol) allows users to ask AI agents such as Anthropic’s Claude or OpenAI’s ChatGPT to transfer funds, swap tokens, check balances, review transaction history, and use supported apps within the ecosystem.The tool lets users manage their crypto directly from an AI model’s chat interface and can also interact with crypto protocols such as Morpho, Moonwell, Uniswap, Aerodrome, Avantis, Bankr and Virtuals, said Base.Read more
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Bitcoin’s recent drop coincides with $1.3B ‘dark pool’ ETF sale: AnalystGalaxy Digital’s Alex Thorn says a $1.3 billion sale of BlackRock’s Bitcoin ETF was the largest he has seen on a dark pool, or private trading platform.An unknown trader’s $1.3 billion sale of shares in BlackRock’s Bitcoin exchange-traded fund on Tuesday has coincided with a steep fall in the price of Bitcoin immediately after the sale, according to analysts.A trader sold 29.2 million shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 2:30 pm UTC on a “dark pool,” a private trading platform that institutions often use to discreetly make large trades outside of public markets.The impact of the $1.3 billion trade was immediately felt in the crypto market, with TradingView data showing that Bitcoin (BTC) fell 1.5% from $77,875 to $76,720 in a short 10-minute window after 2:30 pm UTC.Read more
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Sharplink, Forward Industries among crypto firms considered for Russell indexesBitmine and Galaxy Digital may also be eligible for the Russell 1000, an index tracking the largest 1,000 US companies that includes Nvidia, Microsoft and Apple.A range of crypto companies have been included in a preliminary list for potential inclusion in the Russell 3000 index, including treasury firms Sharplink and Forward Industries, along with crypto exchange Gemini and crypto services firm Galaxy Digital. A preliminary index inclusion list for the Russell 3000 was published by the index’s provider, FTSE Russell, on Friday. The index tracks the 3,000 largest companies in the US and requires a market capitalization of at least $146.4 million.Sharplink has a market cap of $1.2 billion, and the company’s CEO, Joseph Chalom, said in a statement on Tuesday that it means the firm could be included in the Russell 2000, an index that tracks the largest 2,000 publicly traded US companies.Read more
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Ethereum bull David Hoffman explains why he sold his ETH“Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower,” says David Hoffman.David Hoffman, an Ethereum advocate and the co-founder of the media company Bankless, says he sold the remainder of his Ether (ETH) holdings last week as he believes the “ETH is Money” thesis has largely “played out.”Hoffman said in an X post on Tuesday that “Ethereum got the ETH price it deserves, and I don’t see ETH being rerated as an asset, higher or lower.”Hoffman said that Ethereum “has done incredibly well, and deserves the market cap that it has,” but the “window of opportunity for ETH to be ‘rerated’ by the market seems to be closing.”Read more
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South Korea charges CATFI memecoin operators in first DEX rug-pull case: ReportSouth Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as the country’s first decentralized exchange (DEX) rug-pull prosecution.The group was reportedly apprehended by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Division. The main suspect, surnamed Park, allegedly posed as “Eth Father” on social media platforms and falsely promoted CATFI as an independent third-party before executing a rug pull that caused about 900 million won ($599,000) in financial damage to at least 256 investors, local news outlet Digital Asset Works said Wednesday.Prosecutors allege the group promoted CATFI on social media, drove the token’s price up more than 1,000-fold within 26 hours and then sold their holdings for about 400 million won ($260,000) in illegal profit.Read more
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Bitcoin analysis eyes sharp rebound after BTC collapses below M2 supply 'fair value'Bitcoin remained trapped "massively below" its "fair" level, as dictated by global liquidity trends and gold ratio, the latest BTC price analysis says.Bitcoin (BTC) is “completely mispriced” to the downside in 2026 compared to global liquidity, new analysis argues.Key points:
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Spot HYPE ETFs absorb 1% of market cap in first 10 trading days: KairosSpot HYPE ETFs absorbed 1.04% of Hyperliquid’s market cap in 10 trading days, beating Bitcoin and Ether ETF debuts.Spot Hyperliquid exchange-traded funds absorbed 1.04% of HYPE’s market capitalization in their first 10 trading days, giving them the strongest crypto ETF debut by one market-cap-adjusted demand metric, according to Kairos Research.Kairos compared cumulative net flows into new spot crypto ETF issuers against the market capitalization of each underlying asset at launch. By this metric, HYPE ETFs outpaced spot Bitcoin, Ether and Solana ETF debuts, which absorbed 0.59%, 0.41% and 0.31% of their respective market capitalizations.Bloomberg ETF analyst Eric Balchunas said the 21Shares Hyperliquid ETF (THYP) had risen 50% since launching two weeks earlier. Balchunas compared the pace with Roundhill’s DRAM ETF, which he said took five weeks to gain 50%, and BlackRock’s spot Bitcoin ETF, IBIT, which he said took two months.Read more
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ETHConf brings Ethereum’s leaders, institutions, and policymakers to New York City on June 8–10ETHConf, produced by ETHGlobal, will bring more than 5,000 attendees, 150+ speakers, and 100+ companies to the Javits Center in New York City from June 8-10, 2026 for three days focused on the future of Ethereum and institutional finance.New York, May 27, 2026 – ETHConf, produced by ETHGlobal, will bring more than 5,000 attendees, 150+ speakers, and 100+ companies to the Javits Center in New York City from June 8-10, 2026 for three days focused on the future of Ethereum and institutional finance.The event convenes protocol founders, institutional investors, policymakers, developers, and infrastructure leaders shaping the next era of digital assets. Programming will cover stablecoins, tokenized treasuries, institutional adoption, digital asset policy, Layer 2 infrastructure, onchain identity, and the evolution of Ethereum as financial infrastructure.ETHConf follows New York Tech Week and anchors a broader week of Ethereum ecosystem events across New York City, bringing together founders, developers, investors, institutions, and policymakers from around the world. The week concludes with the ETHGlobal New York Hackathon on June 12-14, where builders will prototype the next generation of onchain applications.Read more
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Three key XRP metrics suggest ‘explosive price expansion’ is nextFalling MVRV ratio, high XRP Ledger activity and a bullish wedge pattern signal a potential XRP price rise toward $3.10.XRP (XRP) is down roughly 64% from its July 2025 multi-year high, but several onchain and technical indicators suggested the altcoin was due for a “strong price rebound.”Key takeaways:XRP’s market value realized value (MVRV) ratio, or the market cap divided by the realized cap, has dropped to levels that have historically aligned with accumulation zones and market bottoms.Read more
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Crypto-backed candidates win key Texas primary runoffsCrypto PACs threw serious money behind a handful of Texas runoffs, helping oust a senior Democrat and boost Republican hopefuls as lawmakers hammer out new US crypto rules.Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industry’s growing role in US elections as Congress debates new rules for crypto markets.Attorney General Ken Paxton won the Republican US Senate runoff against four-term Senator John Cornyn by a wide margin, according to Texas primary runoff results, and will face Democratic state Representative James Talarico in November. In Houston’s 18th Congressional District, Democrat Christian Menefee unseated fellow Democrat representative Al Green in a decisive win after Republican-led redistricting forced the two incumbents into the same district, ousting one of the state’s most senior House members. Read more
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China’s top court to study rules for crypto and AI casesChina’s Supreme People’s Court plans to study adjudication rules for crypto and AI cases while the country’s crypto ban remains in force.China’s Supreme People’s Court (SPC) said it will study new adjudication rules for virtual currency and cross-border finance cases as part of a broader push to clarify how courts handle digital economy disputes.“We will conduct in-depth research on the adjudication rules for new cases such as virtual currencies and cross-border finance, formulate judicial interpretations on civil compensation involving insider trading and market manipulation as soon as possible,” said Liu Guixiang, Judicial Committee member of the SPC, during a press conference, reported Chinese news outlet Yicai on Wednesday.The court also plans to study judicial protection rules for artificial intelligence cases and data property rights, including disputes involving data ownership, data transactions and AI-generated content.Read more
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There are tens of thousands of altcoins in the world, but critics argue that only a small handful serve a useful purpose.
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Cointelegraph Magazine
Big Questions: Do we really only need 2–5 cryptocurrencies?
There are tens of thousands of altcoins in the world, but critics argue that only a small handful serve a useful purpose.
Aeternum brings the second edition of Unchained Summit to Vietnam on May 28-29Aeternum, organisers of the Unchained Summit series, will host the second edition of Unchained Summit Vietnam this week on May 28 and 29 at the Furama Resort in Da Nang.Da Nang, Vietnam, May 27, 2026 - Aeternum, organisers of the Unchained Summit series, will host the second edition of Unchained Summit Vietnam this week on May 28 and 29 at the Furama Resort in Da Nang. The event is co-hosted by the Da Nang Innovation Start Support Center (DISSC), with institutional participation from the Da Nang People’s Committee, the State Securities Commission of Vietnam, and the Da Nang Department of Science and Technology.The summit brings together founders, investors, exchanges, infrastructure providers, enterprise leaders, and policymakers from across the Asia-Pacific region and beyond. Its second edition arrives as Vietnam’s digital asset sector moves from early-stage experimentation to active policy development; a shift reflected in the depth of government engagement the event has attracted.Day 1 opens with remarks from Mr. Nguyen Viet Toan, Director of the Da Nang Innovation Startup Support Center, setting the stage for two days of discussions around digital assets, blockchain infrastructure, and emerging technologies in Vietnam. The programme then moves into a keynote from Mr. To Tran Hoa of the State Securities Commission of Vietnam on the country’s regulatory direction for digital assets. David Rogers, CEO Asia-Pacific at B2C2, examines what recent market events mean for the region, and a fireside chat with Hoang Viet Anh, CEO of LPBank Securities, and Mr. Vo Duc Anh, Deputy Director of the Da Nang Innovation Startup Support Center, covers Vietnam’s Digital Asset Future. The afternoon moves through institutional digital asset markets with Tether, Anchorage Digital, and BNY Investments.Read more
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Sold in May and went away? Bitcoin risks another 10% drop as month turns redBitcoin is on track to end May in the red, a historically bearish signal that could point to deeper losses ahead if the post-May track record is any guide.Bitcoin (BTC) may be flashing a “sell in May and go away” warning, with the price down roughly 10% after rejecting resistance near $83,000 and now on track for a negative monthly close.BTC/USD daily price chart. Source: TradingView
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