News

On May 27, 2026, 13:39 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 75,000 USDT and is now trading at 74,922.6875 USDT, with a narrowed 2.57% decrease in 24 hours.

TD Cowen has indicated that the chances of the U.S. crypto market structure bill, known as the Clarity Act, passing this year are diminishing. According to NS3.AI, analyst Jaret Seiberg noted that although the Senate Banking Committee advanced the bill earlier this month, it did not demonstrate significant bipartisan support.

According to Binance’s X post, Binance Co-Founder and Co-CEO Yi He has been recognized on Fortune Magazine’s Most Powerful Women in Business list. This recognition highlights Yi’s vision and leadership in helping shape Binance and marks the first time a crypto-native executive has been included on this iconic list. A significant milestone for Yi, for Binance, and for the broader crypto industry.

Block's Cash App has initiated the rollout of USDC stablecoin payments to approximately 25% of its nearly 60 million users, with plans to extend access to all users by the end of the week, according to CoinDesk. This marks a significant shift for CEO Jack Dorsey, who has traditionally been a bitcoin-only advocate. The feature supports USDC on Solana, Ethereum, Polygon, and Arbitrum, with strict transaction limits and is unavailable in New York and for sponsored accounts. The integration treats stablecoins as a payment method rather than an investment tool.

A16z Crypto has highlighted that not all tokenized assets are equally present on the blockchain. According to PANews, the firm noted on the X platform that bonds, the largest category of tokenized assets with a market value of $15.2 billion, have only about 5% of their supply utilized in DeFi. Similarly, while precious metals have been tokenized, most remain idle on the blockchain. In contrast, smaller categories show different trends. Reinsurance tokens have 84% of their supply deployed in DeFi, and private credit has a 33% deployment rate. This is logical, as these categories were designed for DeFi from the outset, utilizing protocols like Nexus Mutual and Maple Finance.

Since yesterday, some banks in Hong Kong have introduced a new requirement for offline investment account applicants to sign a source-of-funds statement. According to NS3.AI, a source from a foreign bank in Hong Kong confirmed the existence of this additional signing requirement, which aligns with local regulatory standards. The documents provided to several clients specify that funds used for investment activities and settlements must originate from legitimate sources outside mainland China.

IBIT executed a significant trade of 29 million shares valued at approximately $1.3 billion at 10:30 AM Eastern Time, according to PANews. Bloomberg ETF analyst Eric Balchunas noted on the X platform that this transaction was notably larger than other trades on the same day. Despite the size of the trade, IBIT's price remained stable, indicating that the market absorbed the transaction well.

BNB Plus, a Nasdaq-listed digital asset treasury company, has announced plans to raise $4.1 million through the issuance of B-1 and B-2 series convertible preferred shares. According to ChainCatcher, the fundraising will involve participation from crypto-native institutional investors, including Comstock Multichain Fund and Off the Chain LP, under Silvermine Capital Advisors. The funds raised will be allocated to increasing digital asset reserves, providing operational capital support, and exploring opportunities in AI infrastructure development. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.

China's Supreme People's Court is set to explore adjudication rules for emerging case types, including virtual currency and cross-border finance. According to NS3.AI, Liu Guixiang stated that the court aims to accelerate judicial interpretations concerning civil compensation related to insider trading and market manipulation.

U.S. President Donald Trump recently highlighted the critical role of maintaining the Commodity Futures Trading Commission's (CFTC) exclusive jurisdiction over prediction markets. According to ChainCatcher, Trump stated on social media that it is essential for prediction markets to thrive and that 'road rules' are being developed to set a gold standard for states. He stressed that other countries are competing for this emerging financial market, and the U.S. must stay ahead to protect the global cryptocurrency industry.

Iranian state television reported a draft framework between the United States and Iran on Wednesday, aiming to reopen the Strait of Hormuz to pre-war commercial traffic within a month. According to NS3.AI, this development led to a 2.7% drop in WTI crude prices within 30 minutes, pushing U.S. oil futures below $89 per barrel. Tehran emphasized that further actions would depend on tangible verification from Washington.

Robinhood Crypto has expanded its offerings by adding support for USDC trading for users in New York. According to NS3.AI, this move allows New York-based users to trade the stablecoin, which is pegged to the U.S. dollar, on the Robinhood platform. The addition of USDC is part of Robinhood's ongoing efforts to broaden its cryptocurrency services and provide more options for its users. This development comes as the company continues to enhance its crypto trading capabilities, aiming to attract a wider audience in the competitive digital asset market.

Strategy Inc. has completed the repurchase of $1.5 billion in principal of its 0% convertible notes due 2029 for approximately $1.38 billion in cash — an 8% discount to par — as part of a series of capital-markets transactions executed May 11-25, according to a company press release. The debt repurchase generated a BTC Yield of 0.7% and a BTC Gain of 4,391 bitcoin, reducing total convertible notes outstanding from $8.2 billion to $6.7 billion. Strategy also issued $2 billion notional of preferred stock and $84 million of common stock, using the proceeds to acquire an additional 24,869 bitcoin. As of May 25, Strategy holds 843,738 bitcoin, with year-to-date BTC Yield of 13.3%, a BTC Gain of 89,378 bitcoin, and a BTC dollar gain of $6.8 billion. The company maintains a USD Reserve of $871 million.

TSMC shares experienced a significant increase, rising by 3.81% to reach $428, marking a new record high. According to NS3.AI, this surge in share price has elevated the company's market capitalization to $2.22 trillion.

The Richmond Federal Reserve's manufacturing index for May showed a significant increase, reaching 13. According to Jin10, this figure surpassed expectations, which were set at 4, and also marked an improvement from the previous value of 3.

Robinhood has unveiled its new Agentic Trading platform and an Agentic Credit Card, which offers users a 3% cash back on purchases. According to NS3.AI, the platform allows users to manage agent access through features like separate accounts, spending caps, activity feeds, and a kill switch. Robinhood also announced plans to extend Agentic Trading services beyond equities to include options, cryptocurrencies, and futures.

JPMorgan CEO Jamie Dimon has indicated that the bank may consider issuing a stablecoin in the future. According to Odaily, Dimon shared this possibility without providing specific details or a timeline for such an initiative.

Falcon Finance has introduced a new stablecoin, fUSD, in collaboration with Anchorage Digital Bank. According to NS3.AI, eligible institutional holders of fUSD can earn reserve operating profits with a target annual yield of 3%. The stablecoin is issued by Anchorage, and its reserves are managed under the supervision of the Office of the Comptroller of the Currency (OCC). Deloitte will perform monthly proof-of-reserve audits to ensure transparency and compliance.

NVIDIA stock has received a series of buy ratings from major Wall Street firms, with Wedbush setting the highest target at $330, implying a 53.59% upside from its current price of $214.86, according to BeInCrypto. Jefferies and Mizuho have both set targets at $300, while Morgan Stanley maintains a $288 target. Despite these optimistic projections, institutional money flow turned negative on May 27, and retail volume has been declining since May 15. NVIDIA's 30-day annualized volatility now exceeds that of Bitcoin, indicating significant market uncertainty.

The U.S. Depository Trust & Clearing Corporation (DTCC) and Stellar Development Foundation have announced plans to support the tokenization of assets held by The Depository Trust Company (DTC) on the Stellar network. According to Foresight News, the tokenized assets are expected to be available on the Stellar network by the first half of 2027. This initiative aims to leverage blockchain technology to enhance the efficiency and security of asset management.

Internet Computer experienced a 9.8% increase in the latest CoinDesk 20 performance update. According to NS3.AI, the CoinDesk 20 index traded at 2035.72, marking a 0.1% rise since 4 p.m. ET on Tuesday.

Mastercard has obtained a New York BitLicense, allowing it to conduct digital asset activities under one of the United States' strictest crypto regulatory frameworks, according to CoinDesk. This approval supports Mastercard's strategy to expand its blockchain-based payments and settlement infrastructure, with a focus on stablecoins and tokenized deposits. The BitLicense, issued by the New York State Department of Financial Services, is part of Mastercard's broader push into digital currencies, highlighting its commitment to integrating blockchain technology with traditional financial systems.

The Bank for International Settlements (BIS) is set to initiate testing of a new prototype for digital cross-border payments. According to Bloomberg, this trial will involve real-value transactions and is being conducted in collaboration with a group of partners.
The initiative aims to explore the potential of digital currencies in facilitating international payments. The BIS and its partners are focusing on the practical application of this technology to enhance the efficiency and effectiveness of cross-border transactions.

Hyperliquid platform whales currently hold positions totaling $4.677 billion, according to ChainCatcher. Coinglass data reveals that long positions account for $2.295 billion, representing 49.07% of the total, while short positions amount to $2.382 billion, making up 50.93%. Long positions have a profit of $19.9832 million, whereas short positions show a loss of $82.7957 million.
Notably, a whale address, 0x8def..ae, has taken a 5x leveraged short position on HYPE at a price of $45.3701, resulting in an unrealized loss of $29.6793 million.

DDC Enterprise, a Bitcoin treasury company, has announced an increase in its Bitcoin holdings by 131 BTC, bringing its total to 2,714 BTC. According to Foresight News, the average purchase cost of Bitcoin for the company is $79,135. Year-to-date, the company's Bitcoin return stands at 43.5%.

U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of 2026, marking a significant slowdown from the buying that fueled the 2025 rally, according to CoinDesk. Swissblock data indicates that ETF flows shifted from accumulation to distribution in May, pushing its Risk Index into high-risk territory as demand fails to absorb selling pressure. On-chain data shows demand at its weakest since December, with significant ETF outflows raising the risk of liquidation cascades. Bitcoin traded at $75,808, down 2.6% over the past month.

According to StockAnalysis, Wall Street analysts forecast that Apple stock could exceed $400 in the next 12 months. Apple shares were trading at $308, having increased by over 15% in the past month.

Circle and Nium have announced a partnership to integrate stablecoin settlement with global payout rails, enabling transactions across more than 190 countries and 100 currencies. According to The Block, this collaboration aims to enhance the efficiency and reach of stablecoin transactions worldwide, leveraging Nium's extensive payment infrastructure. The partnership is expected to facilitate seamless cross-border payments, providing businesses and individuals with a more streamlined and accessible financial ecosystem.

Robinhood has launched an AI Agent feature that enables users to delegate stock trading and credit card spending decisions to an AI agent. According to Foresight News, this new functionality allows users to connect AI tools like Anthropic Claude and Cursor to dedicated Robinhood accounts, where the AI can automatically execute stock trades, manage investment portfolios, and handle spending tasks. Users retain control through spending limits, approval mechanisms, and real-time notifications.
In payment scenarios, the AI Agent can utilize the Robinhood Gold virtual credit card to automatically search for discounts, book travel, and purchase tickets. Currently, the feature supports only stock trading, but Robinhood plans to expand it to include options and cryptocurrency trading in the future.

The ADP employment change in the United States for the week ending May 9 showed an increase of 35,750 jobs. According to Odaily, this figure is a decrease from the previous week's change of 42,250 jobs.

JPMorgan is currently hiring a Vice President-level Global Research Crypto Analyst in New York, with an annual salary ranging from $200,000 to $285,000. According to Foresight News, the position requires candidates to have 4 to 7 years of experience in the crypto market, a deep understanding of digital assets and market structure, strong writing skills, and the ability to stress-test existing narratives. Knowledge of the derivatives market is considered an advantage.
The role involves conducting in-depth research and analysis of the cryptocurrency market, including both spot and derivative products, and writing high-quality research reports for internal and external audiences. The analyst will integrate digital asset insights into broader currency perspectives and cross-asset strategies. Additionally, the analyst will collaborate with the global foreign exchange strategy team to communicate research findings clearly and persuasively to senior stakeholders and clients. Preferred qualifications include an advanced degree in finance, economics, mathematics, or a related field, familiarity with crypto derivatives such as futures and options, and experience applying cross-asset correlations to crypto perspectives.

Tether-backed mobile wallet Oobit has clarified on X platform that following a $13.5 million vulnerability attack on StablR's smart contracts (EURR and USDR), attempts were made to exit funds through Oobit. According to Odaily, Oobit's compliance team identified the suspicious activity and successfully froze a six-figure sum in EURR funds, preventing further actions. The incident did not affect any user funds, and Oobit's system was not compromised. Oobit is collaborating with StablR and investigators to address the situation.

Elon Musk shared on the X platform that he left the SpaceXAI office at 2:45 a.m., noting that the team was still working overtime to advance their projects. According to Odaily, Musk believes that a significant breakthrough in Grok model training may be imminent.
Recent updates from the team indicate that Grok Build 0.2.3 is set to launch soon. Key updates include the 'Always Approve' mode, which simplifies programming workflows, and terminal adaptation optimization to enhance stability across all platforms.

Michael Saylor is calling on STRC shareholders to vote on a proposal to shift dividend payments from monthly to semi-monthly, with the deadline set for June 8. According to BeInCrypto, the proposal aims to maintain the annualized yield at 11.5% while doubling payout frequency, which Strategy claims will reduce reinvestment lag and improve market efficiency. The vote coincides with criticism from gold advocate Peter Schiff, who argues that Strategy is depleting its cash reserves and faces liquidity issues. Schiff has labeled the structure a Ponzi scheme, citing Strategy's recent $1.38 billion debt retirement and potential BTC sales to cover dividends.

Bitcoin is on track for a decline as May comes to a close, with its value weakening near $83,000. According to NS3.AI, historical data suggests an average one-month downside of approximately 10% following a Red May. Analysts have indicated that if Bitcoin falls below $76,000, it could heighten the risk of a bear market, as it currently trades near $75,000.

DMG Blockchain, a publicly listed Bitcoin mining company, has released its financial report for the second quarter of fiscal year 2026. According to Odaily, the report highlights the company's accelerated transition towards AI data centers, emphasizing two main strategies: core data center operations and digital asset financial services. The AI computing platform will provide infrastructure services to the Canadian government, businesses, and research institutions. In the second quarter, DMG mined 69 Bitcoins, maintaining the same output as the previous quarter but marking a 25% decrease compared to the same period last year.

Bitwise has announced the launch of its Bitwise Canton ETP (BWCC) through its subsidiary, Bitwise Europe GmbH. According to Odaily, the ETP is now listed on Deutsche Börse Xetra, an electronic trading platform under Deutsche Börse. This listing allows trading of the native token CC of the Canton Network through regular brokerage accounts.

Hong Kong-listed company Guofu Quantum has announced the acquisition of 11.89 million issued shares of decentralized social and messaging platform Luffa AI for $19.8 million (approximately HK$154 million). According to Odaily, the company also subscribed to 10 million new shares of Luffa AI for $20 million (approximately HK$156 million). Upon completion of the transaction, Guofu Quantum will hold a 19.9% stake in Luffa AI.
Luffa AI specializes in developing and operating communication and social network products and services based on artificial intelligence and Web3 technologies. The platform utilizes end-to-end encryption and distributed technology to safeguard user data. It also serves as an infrastructure layer for autonomous AI agents, offering decentralized identity and permission management services.

Stake DAO has issued a statement on platform X regarding a recent security incident, advising users to refrain from interacting with vsdCRV. According to ChainCatcher, an anomaly in a contract related to Stake DAO on Arbitrum led to the minting of 5.4 trillion vsdCRV tokens. The security team has identified this as a suspected infinite minting exploit.

Asset manager Strive made a significant acquisition by purchasing 402 BTC yesterday, marking its largest-ever daily purchase. According to NS3.AI, BitcoinTreasuries reported that this purchase accounted for 51% of Strive's total Bitcoin accumulation over the entire previous week.