24/7 Blockchain industry dynamics and breaking crypto news
Japan's upper house is deliberating a pivotal bill to establish a National Intelligence Agency, creating a new intelligence framework for security and counterterrorism. Prime Minister Takaichi attended the session, with a full Senate vote expected soon following earlier approval by the lower house.
Read MoreOn-chain analysis reveals Kraken withdrew 50,600 ETH (approx. $107M) from restaking protocol EigenCloud. The broader restaking sector has seen total value locked plummet from $31B to $11B, with leading protocols experiencing major contractions, signaling shifting market dynamics.
Read MoreBank of Japan Deputy Governor Ryozo Himino stressed the need for timely policy adjustments to maintain market confidence in inflation control. His remarks signal openness to potential rate hikes, contrasting with the Prime Minister's preference for stability. The BOJ aims to balance price goals with financial market responsibility.
Read MoreA new open trading protocol built on a Layer 2 network decentralizes core exchange functions, enabling permissionless market deployment and unified cross-market accounts with enhanced security through decentralized custody mechanisms.
Read MoreBitMEX co-founder Arthur Hayes argues that monetary privacy is becoming essential due to expanding surveillance by big tech, governments, and AI. He reveals holding Zcash as his second-largest investment, explaining this strategic move for the digital age.
Read MoreBank of Japan Vice Governor Ryozo Himino stated that global inflation concerns are influencing long-term rate expectations. He emphasized a careful monetary policy approach to achieve inflation targets sustainably, while monitoring bond market conditions.
Read MoreGoldman Sachs CEO Solomon argues fears of AI causing mass unemployment are overblown. He contends AI will boost productivity, shift workers to higher-value tasks, and create new jobs in management and oversight. The economy has historically absorbed such shocks, with AI potentially automating 25% of work hours in a decade, impacting white-collar sectors most.
Read MoreNEAR Protocol recorded $87M in private transactions over 30 days, accounting for 41.63% of its total $209M volume. Public transactions reached $122M, highlighting growing demand for on-chain privacy.
Read MoreBank of Japan Deputy Governor Ryozo Himino stated that the central bank will closely monitor the impact of Middle East tensions on Japan's economy and prices when determining the timing and pace of future rate hikes. Policy adjustments will be made based on economic activity, price trends, and financial conditions.
Read MoreA new open protocol infrastructure enables developers to independently create spot, perpetual, or prediction markets without centralized approval. This initiative shifts market-building power to the community, with a 2026 World Cup prediction market as its first application, signaling a collaborative future for on-chain finance.
Read MoreOn-chain data reveals a notable shift by a major crypto investor. After closing a $100M Ethereum short position at a loss, the entity quickly pivoted, establishing a $13.4 million long position on Bitcoin. This rapid move highlights changing sentiment between the two leading assets.
Read MoreArk Invest's Cathie Wood projects Bitcoin's price could reach $1.25 million in a bullish scenario over five years. Core drivers include Bitcoin's role as a gold alternative, its "insurance asset" status, and growing institutional adoption.
Read MoreU.S. military officials report striking and sinking two Iranian vessels allegedly laying mines in the Strait of Hormuz, with simultaneous attacks on an Iranian air defense missile site near Bandar Abbas. The U.S. describes the operations as defensive and temporarily concluded.
Read MoreOn May 26, China's STAR 50 Index fell sharply, dropping over 3% during the session. Key constituent stocks, including SMIC and AMEC, tumbled more than 5%, raising concerns about the near-term outlook for the technology sector.
Read MoreOn May 26, spot silver prices unexpectedly plunged over 3%, falling below the key $76 per ounce level. Spot gold also retreated by approximately 0.84%, dropping below $4,530 per ounce. This synchronized decline in precious metals has drawn investor attention to shifting market sentiment.
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