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 Go to Source
Month: May 2026
Sumitomo Mitsui Trust Partners With Hashport to Turn Card Points into JPYC Stablecoins
The announcement constitutes the first initiative of its kind in Japan, allowing users to exchange their loyalty points received for JPYC, Japan’s first onchore yen stablecoin. The initiative has the potential to bring ¥2.8 trillion to the stablecoin ecosystem, powering massive adoption. Sumitomo Mitsui Trust Club and Hashport Launch Reward Point To Stablecoin Exchange Program … Read more
CFTC Sues Rhode Island as State Rules Threaten Prediction Markets
The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally regulated event-contract platforms. The dispute centers on civil penalties, federal preemption claims, and several state challenges. CFTC Moves Against Rhode Island Over Prediction Markets Dispute The Commodity Futures … Read more
Anti-Crypto Army Lost: Ripple CEO Cites Trump’s Future-Proof Crypto Push
Ripple CEO Brad Garlinghouse framed President Trump’s crypto post as a sign of a new U.S. policy opening for digital assets. XRP remains part of the broader market debate as lawmakers weigh clearer federal rules. Ripple CEO Frames Trump Post as Crypto Policy Shift Ripple CEO Brad Garlinghouse pointed to President Donald Trump’s May 27 … Read more
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. Go to Source
CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldn’t Exist
The CFTC says its Gemini crypto case should never have been filed under current enforcement standards. The agency has joined Gemini in asking a federal court to remove remaining settlement restrictions after monetary penalties were already satisfied. CFTC Review of Gemini Case Reshapes Crypto Enforcement The Commodity Futures Trading Commission (CFTC) brought its effort to … Read more
XRP Traders Hit 47% Losses as Santiment Flags Historic Dip-Buy Setup
XRP traders are facing rare loss extremes as Santiment data points to deep bearish sentiment and potential rebound conditions. The firm said average active traders were down 47%, placing short-term holders in one of the weakest return zones since late 2020. XRP Trader Losses Put Sentiment at Rare Extremes Crypto data intelligence firm Santiment shared … Read more
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. Go to Source
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. Go to Source
BIS Tests Tokenized Bank Payments With Visa, JPMorgan, UBS and Deutsche Bank
The Bank for International Settlements and its partners are moving Project Agorá into real-value testing. The initiative aims to make cross-border bank payments faster and cheaper while keeping compliance checks inside the existing financial system. Project Agorá Links Central Banks on Unified Payment Ledger The Bank for International Settlements is preparing to test a blockchain-based … Read more