Latest news
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Coinbase launches Deribit derivatives access for US institutional clients
Coinbase Financial Markets, the first CFTC-regulated futures commission merchant to do so, has begun offering US institutional clients access to global crypto options and perpetual futures markets through its Deribit platform, which holds $31 billion in Bitcoin options open interest.
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ICE CEO: NYSE Parent Learning From Hyperliquid, Seeks Crypto Parity
Intercontinental Exchange CEO Jeffrey Sprecher said his company is learning from Hyperliquid and questioning why regulators restrict traditional venues from offering perpetual futures already trading on crypto platforms.
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Iceland Finance Ministry: Króna Costs Outweigh Benefits
Iceland's Finance Ministry concluded that maintaining the króna costs more than it's worth, citing high inflation and elevated borrowing costs. A government-commissioned report suggests euro adoption could lower interest rates and improve economic stability.
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Celsius CEO Mashinsky Files Motion to Vacate 12-Year Sentence
Alex Mashinsky, former CEO of Celsius, filed a motion in New York federal court seeking to vacate his 144-month sentence, citing ineffective counsel and claiming former FTX CEO Sam Bankman-Fried conspired to destroy his platform.
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Trump convenes Situation Room for Iran deal decision as Bitcoin steadies near $78K
President Trump is holding a Situation Room meeting to decide on a sweeping Iran agreement covering nuclear restrictions, Strait of Hormuz reopening, and sanctions relief. Bitcoin traders are pricing in reduced geopolitical risk.
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MicroStrategy moves 411 Bitcoin to Coinbase Prime amid cash crunch
Strategy transferred more than 411 Bitcoin to Coinbase Prime on May 29, triggering speculation about potential sales as the company's cash reserves fell to $871 million and annual obligations exceed $1.6 billion.
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Oil prices drop 10% as US-Iran ceasefire extension talks progress
Oil prices fell sharply this week on reports of a potential 60-day ceasefire extension between the US and Iran, with ICE Brent crude futures down nearly 10% and market expectations for new all-time highs declining significantly.
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Bitcoin slides toward monthly loss, risking two-month winning streak
Bitcoin fell to $72,500 in U.S. morning trade, down 0.5% in 24 hours and 5.5% over the week, threatening to end May in the red and snap a two-month rally.
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ICE CEO demands regulatory parity for 24/7 onchain perpetual futures
Intercontinental Exchange CEO Jeffrey Sprecher said regulators must create a "level playing field" for launching 24/7 onchain perpetual futures contracts, which are already trading on decentralized exchanges like Hyperliquid.
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CFTC approves Kalshi bitcoin perpetual futures, clears U.S. crypto perps
The CFTC has approved Kalshi to list bitcoin perpetual futures contracts and issued a no-action letter to Coinbase, establishing the regulatory framework for perpetuals in the U.S. crypto market.
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Shiba Inu Burn Rate Surges 159% as 19.5M SHIB Destroyed
Shiba Inu's weekly burn rate jumped 159% after 19.5 million SHIB tokens were destroyed over seven days, marking a reversal in deflationary momentum. The token was down 9% on a weekly basis but up 1% in the last 24 hours.
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Fed's Paulson: Current Policy Stance Appropriate, No Rate Cut Urgency
Anna Paulson, a key Federal Reserve member, stated the current monetary policy is suitable and supports the economic outlook, with rate cut probabilities for June and July remaining extremely low.
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XCENA raises $135M at $570M valuation for memory-centric AI chips
AI infrastructure startup XCENA closed a $135 million Series B round led by Altinum and IMM Investment, bringing total funding to $185 million. The company's MX1 chip tackles memory bottlenecks in AI systems by processing data directly inside memory modules, potentially reducing infrastructure needs.
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Strategy's $15B Preferred Stock Burden "Out of Hand," Arca CIO Warns
Arca's chief investment officer Jeff Dorman warned that Strategy's capital structure—burdened by roughly $15 billion in preferred stock carrying $1.5 billion in annual dividend obligations—may become unsustainable if Bitcoin remains volatile, prompting concerns over potential asset sales.
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Jefferies forecasts $1 trillion crypto IPO market by 2031
Jefferies projects that public listings of crypto and blockchain-related companies could collectively reach a $1 trillion market by 2031, with 10 to 15 crypto-native IPOs expected in the next 18 to 24 months, driven by tokenization and stablecoin adoption.
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Bitcoin weakens as record 9-day ETF outflow streak signals cooling demand
Bitcoin stabilized near $73,500 on May 29 as spot ETF outflows hit a record nine-day streak, while long-term holder supply reached an all-time high of 15.8 million BTC, indicating a shortage of new buyers rather than selling pressure.
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OpenAI launches biodefense program with $30M Valthos investment
OpenAI has rolled out a suite of biodefense initiatives including a $30 million investment in Valthos and the launch of GPT-Rosalind, a model designed for drug discovery and biological research, signaling AI's expanding role in pandemic prevention and biosecurity.
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Paxos Becomes First Blockchain-Native SEC-Registered Clearing Agency
Paxos Securities Settlement Company received SEC registration as a clearing agency, making it the only blockchain-native firm approved to operate as a central securities depository in the U.S. The registration is temporary and conditional on meeting ongoing regulatory requirements.
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Bank of England holds rates at 3.75%, signals inflation tolerance
The Bank of England held rates steady at 3.75% in April 2026 and signaled willingness to tolerate inflation above its 2% target, prioritizing economic stability over aggressive tightening amid Middle East supply disruptions.
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Ethereum at $1,850 support as analysts debate near-term risk versus long-term strength
Ethereum's price action is approaching a key technical level at $1,850. Technical analyst Ali Martinez projects selling pressure toward $1,560 if support breaks, while Standard Chartered maintains a bullish longer-term thesis citing Ethereum's dominance in stablecoin and RWA markets.
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MicroStrategy Moves $30M Bitcoin to Coinbase Prime Amid Liquidation Speculation
MicroStrategy moved 411.48 BTC ($30.3 million) to Coinbase Prime, fueling market speculation about potential liquidation despite the company's track record of net Bitcoin accumulation and Saylor's stated buy-more-than-sell philosophy.
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Yardeni forecasts S&P 500 and gold both hitting 10,000 by 2029
Wall Street strategist Edward Yardeni projects the S&P 500 and gold will each reach 10,000 by end of 2029, anchored on earnings growth and a sustained 22x price-to-earnings multiple, marking a shift in how traditional asset classes may move together.
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Sei Giga upgrade targets 200,000 TPS and 400ms finality
Sei Labs published a whitepaper detailing the Giga upgrade, targeting 200,000 transactions per second with sub-400 millisecond finality—a 40x performance boost over current capabilities.
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ECB warns Iran conflict may lift euro-area inflation expectations
The European Central Bank warned that the ongoing Iran conflict could push medium-term inflation expectations higher across the euro area, complicating monetary policy as energy prices surge and firms raise their inflation forecasts.