Solana open interest drops 30% as altcoins slump: Is $68 SOL next?

Solana (SOL) futures dropped sharply in May as traders reduced leveraged exposure across all exchanges. SOL open interest (OI) dropped to $1.90 billion on Thursday from $2.75 billion on May 11, a 30% decline, while funding rates remained close to neutral. The combination points to weakening investor sentiment as SOL eyes a retest of its …

Fidelity Digital Assets highlights ‘growing evidence’ of shift from dollar-based systems

Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a “shift away from dollar-based systems,” according to crypto financial services company Fidelity Digital Investments. Tehran’s acceptance of BTC for oil shipments passing through the Strait of Hormuz represents the emergence of …

Prediction markets legal battles heat up in Minnesota, Rhode Island

The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds centered in Rhode Island and Minnesota. Last week, Minnesota Governor Tim Walz signed a bill into law amending statutes to prohibit advertising, creating, operating or otherwise facilitating prediction market platforms. The …

Bit Digital buys $20M worth of Ethereum, expands treasury to 158K ETH

Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token. CEO Sam Tabar said the purchase reduced Bit Digital’s average ETH acquisition cost and was part …

BIS Tests Tokenized Bank Payments With Visa, JPMorgan, UBS and Deutsche Bank

Key Takeaways BIS Project Agorá will test real-money blockchain payments with JPMorgan and UBS. ECB, Fed, and BIS aim to cut cross-border payment delays using tokenized ledgers. Project Agorá keeps sanctions and AML checks inside existing banking rails. Project Agorá Links Central Banks on Unified Payment Ledger The Bank for International Settlements is preparing to …

DTCC and Stellar Target 2027 Launch for Tokenized DTC Securities

Key Takeaways: DTCC and Stellar plan DTC asset tokenization on Stellar by H1 2027. SEC’s 2025 No-Action Letter cleared DTCC to tokenize custodial assets. DTCC targets tokenized ETFs, Treasuries, and Russell 1000 stocks next. [/key_takwaways] Stellar Joins DTCC Digital Asset Push as Tokenized Markets Near Launch The Depository Trust & Clearing Corporation (DTCC) is moving …

Trezor Adds USDC and USDT Yield to Suite, Targeting 2 Million Hardware Wallet Users

Key Takeaways Trezor launched native USDC and USDT yield in Suite v26.5.2 on May 28, 2026, powered by Morpho. Over 2 million Trezor users can now access decentralized finance ( DeFi) yield without connecting a third-party wallet. Steakhouse-curated Morpho Vaults offer no lockup periods, with full mobile support coming later in 2026. Trezor Rolls out …

‘Enough Is Enough’: Kalshi Slams Polymarket Over Alleged Lack of Compliance and KYC

Key Takeaways Josh Stevens denied adding KYC to existing Polymarket services but faces Kalshi pressure to comply next. On May 22, James Comer launched a probe into Kalshi and Polymarket over compliance and insider trading data. As compliance rules impact the industry, Kalshi and Polymarket both revamped their surveillance system ahead of this year’s Super …

Sequans Ends Bitcoin Treasury Experiment, Redirects Focus to 5G Growth

Key Takeaways Sequans Communications completes full redemption of its July 2025 convertible debt, funded by selling Bitcoin down to 658 BTC. The move drops Sequans’ debt-to-NAV ratio to near zero, pivoting the IoT chipmaker away from its DAT strategy entirely. CEO Georges Karam signals Sequans will monetize remaining 658 BTC over time while targeting 5G …

Blackrock Leads $733M Bitcoin ETF Selloff as HYPE Funds Keep Drawing Inflows

Key Takeaways Bitcoin ETFs lost $733.43M, with Blackrock IBIT shedding $527.84M on May 27. Ether ETFs saw an outflow of $67.15M led by Blackrock ETHA, extending a 12-day outflow streak. HYPE and solana ETFs gained $3.40M and $557K as altcoin demand stayed selective. Bitcoin ETFs Extend Losing Streak to Eight Days as Blackrock Loses $528M …

Traders Push Bitcoin Back Above $73,000 After $352M Liquidation Sweep

Key Takeaways: Bitcoin fell to a session low of $72,642 on Thursday morning, threatening to close May with a monthly loss. Volatile price swings triggered $921 million in total digital asset market liquidations, hammering longs. Wall Street’s muted reaction to subsequent U.S.-Iran peace updates suggests growing investor ambivalence. [/key_takeaways Bitcoin Flirts with Monthly Loss as …

Trezor adds native USDt, USDC yield via Morpho integration

Trezor has integrated native stablecoin yield functionality into Trezor Suite, the hardware wallet provider’s desktop and mobile application, in a move that could make earning yield on stablecoins more accessible to users who have traditionally avoided decentralized finance due to its complexity and security risks. Announced on Thursday, the feature comes through an integration with …

French company abandons crypto treasury strategy, will liquidate Bitcoin holdings

The France-based semiconductor company that announced a move into crypto is “no longer pursuing” a treasury strategy after less than a year. In a Thursday notice, Sequans Communications said it held 658 Bitcoin (BTC) worth about $48 million at the time of publication, which it said was “fully unencumbered” and unrestricted as it looks to …

P2P.org launches real-time data stream for Sui and Hyperliquid

May 28, 2026 – 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. The product delivers on-chain transaction and order flow data directly from P2P.org’s active validator nodes, at the point of origin rather than through public endpoints, …

Argentina bill targets crypto payments to illegal gambling sites

Argentina’s government is moving to restrict banks, payment firms and crypto providers from serving unauthorized online gambling platforms as part of a broader crackdown on digital betting. The government presented a Bill for the Prevention of Gambling and Regulation of Online Gambling to Congress, according to an official notice from the Ministry of Health published …

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