24/7 Blockchain industry dynamics and breaking crypto news
Overnight, Bitcoin fell out of the top 10 global assets by valuation. US-Iran negotiations reportedly reached a key breakthrough with a 60-day memorandum of understanding, pending final approval. CNN sued Perplexity over AI copyright infringement, while a Fed official stated monetary policy is in a good place.
Read MoreThe Sui mainnet has fully resumed operations following a brief outage caused by a critical bug in the Gas fee logic introduced in a recent version upgrade. The development team promptly deployed a fix to ensure network stability.
Read MoreThe US Central Command has firmly denied Iranian claims of downing an American military aircraft near Bushehr, dismissing the report as false. Iran attributes local explosions to air defense interceptions, highlighting escalating tensions in the Gulf region.
Read MoreThe US Treasury Secretary announced new sanctions targeting Iran's aviation sector, aiming to cut off access to landing rights, refueling, and ticketing services. This move escalates economic pressure on Iran, coinciding with the designation of the 'Persian Gulf Strait Authority' to a sanctions list. Official details are pending release.
Read MoreA groundbreaking long-term financial initiative in the U.S. automatically opens tax-advantaged investment accounts for newborns. Funds are directed into low-cost index funds, leveraging decades of compound growth to build substantial wealth by age 18. This experiment aims to teach millions financial literacy through direct experience.
Read MoreBlockchain data reveals that 'Loracle', previously the largest HYPE supporter, has unstaked $51.3 million worth of tokens. This move has sparked market concerns over a potential large-scale sell-off, which could exert significant downward pressure on HYPE's price.
Read MoreMarket pricing indicates a near-certain 99.4% probability the Fed holds rates steady in June. All attention now shifts to the July meeting, where the path forward remains less clear, hinging on incoming economic data.
Read MoreIranian state media reported on May 29 that the country's air defense forces shot down a hostile aircraft, identified as a US drone, near the Bushehr province. The incident, attributed to Iran's integrated air defense network, remains unconfirmed by US officials, raising immediate concerns over escalating military tensions in the strategic Persian Gulf region.
Read MoreOn-chain analysis reveals Bitcoin whales have nearly stopped accumulating, with monthly growth approaching zero. Record-high long-term holder supply signals weak new demand, not bullish momentum, echoing early bear market structures.
Read MoreUS Treasury Secretary Yellen stated that any potential agreement with Iran ultimately depends on President Trump's decision. She emphasized his clear red lines: Iran must surrender highly enriched uranium, forgo nuclear weapons development, and keep the Strait of Hormuz open. While reports suggest negotiators are close to a memorandum, final approval rests with the President.
Read MoreGrayscale has filed a fourth amended application for its Hyperliquid ETF, a key step toward launch. The filing reveals plans for approximately $113 million in seed capital, though the fund's fee structure remains undisclosed.
Read MoreThe Digital Chamber launches a new advocacy website, urging public support for the Clarity Act. Passed in the House, the bill faces Senate hurdles over stablecoin and DeFi regulations. With midterms approaching, the crypto industry intensifies lobbying to secure legal protections for millions of U.S. holders.
Read MoreOn May 28, the US Dollar Index fell by 0.19%, closing at 99.020. The decline reflects market adjustments to economic data and monetary policy expectations. Investors are closely monitoring inflation trends and growth outlooks.
Read MoreA senior Iranian official declared Iran's firm stance against any ceasefire violations and refusal to sign agreements conflicting with national interests. This statement follows US claims of a preliminary deal, highlighting Tehran's uncompromising position on core issues.
Read MoreThe CBOE has secured regulatory approval to launch extended trading hours for select single-stock options starting July 2026. The initial rollout will include about 20 highly liquid stocks, expanding market access and catering to demand for after-hours trading flexibility.
Read More