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 […]
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 […]
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 […]
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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 […]
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Coinbase said it now offers regulated access to global crypto derivatives markets, including perpetual futures and options. The move expands U.S. access to products that account for a significant share of crypto trading activity. Coinbase Opens Regulated Access to Global Crypto Derivatives Crypto exchange Coinbase (Nasdaq: COIN) announced on May 29, 2026, that Coinbase Financial […]
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The CFTC opened a historic path for bitcoin perpetuals to trade on U.S.-registered venues, bringing a major crypto derivatives structure under federal oversight. The move creates the first regulated pathway for spot BTC-linked perpetual contracts in the United States. CFTC Opens Historic Path for Bitcoin Perpetuals The Commodity Futures Trading Commission (CFTC) announced on May […]
While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade. In total, 665 BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015. Long-Idle […]