Trump Pushes Iran Ceasefire as Wall Street Posts Record Highs and Main Street Bleeds
U.S. stock indexes closed at all-time highs on Friday, May 29, 2026, as optimism around a potential U.S.-Iran deal, strong tech earnings, and artificial intelligence (AI) momentum pushed the S&P 500 to a new record close near 7,592, even as consumer sentiment fell to its lowest level ever recorded. Wall Street is feeling it while … Read more
Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows
Crypto ETF flows remained under pressure on Thursday, May 28, as bitcoin funds posted a ninth straight day of withdrawals and ether products stretched their outflow streak to 13 sessions. Smaller altcoin vehicles, including XRP, HYPE, and Solana ETFs, drew modest inflows, but not enough to shift the market’s defensive tone. Bitcoin ETFs Fall Below … Read more
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. Go to Source
Bitcoin Climbs Above $74,000 After Trump Signals Strait of Hormuz Shipping Restart
Bitcoin plunged to a multiweek low of $72,395 before sharply rebounding past $74,000, ultimately stabilizing slightly under $74,000. The reversal was seemingly triggered by news of a tentative U.S.-Iran agreement to reopen the Strait of Hormuz. Bitcoin Reclaims $74,000 Following Intraday Dip On Friday, May 29, bitcoin reclaimed $74,000 just a few hours after it … Read more
Strategy Moves 411 BTC to Coinbase Prime as Polymarket Sell Odds Hit 84%
Strategy has shifted 411 bitcoin to Coinbase Prime in its first direct exchange deposit in nearly two years, driving Polymarket’s odds of a 2026 bitcoin sale by the company to 84%. Strategy’s Move Raises Sell Fears Strategy (formerly Microstrategy), the largest corporate holder of bitcoin, moved 411.48 BTC worth about $30.3 million into Coinbase Prime … Read more
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. Go to Source
Exponent Finance Launches V2 To Expand Institutional Yield Markets On Solana
From a primarily interest rate swap niche product, Exponent has developed into an onchain capital and yield management marketplace that is fully institutionalized. We have bundled several major infrastructure updates into this release, ranging from flagship rate markets, Strategy Vaults, a dedicated rate order book, Rate CLMM infrastructure & risk-tranching swaps to enable principal-protected strategies. … Read more
$1.5 Million Wiped Out as Hyperliquid’s SpaceX Pre-Market Perpetual Flash Crashes 45%
The synthetic SpaceX perpetual contract on decentralized exchange Hyperliquid suffered a massive 45% flash crash on Thursday, wiping out over $1.5 million in leveraged positions within 30 minutes. Onchain Data Shows Severe Liquidity Vacuum in Pre-Market Contract SPACEX-USDH, a synthetic pre-market asset, plunged from an opening price of $2,277 down to a low of $1,254 … Read more
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. Go to Source