Today's Crypto Pulse
Bitcoin slides below $70k as energy‑price worries spark $1.8B in liquidations
Bitcoin fell under $70,000 amid heightened energy‑price uncertainty linked to U.S.–Iran tensions. The dip triggered roughly $1.8 billion in crypto liquidations, while institutional investors pulled more than $4.2 billion from digital‑asset positions.
Also developing:
By the numbers: Strive acquires 2,500 Bitcoin for $185.2M
RedotPay Connect Launch Cuts B2B Payment Fees by Up to 70% with Stablecoin Gateway
RedotPay rolled out RedotPay Connect at Money20/20 Europe, a B2B gateway that lets merchants accept stablecoins and settle in USD, EUR or GBP while slashing merchant discount rates by as much as 70%. The solution taps a global base of over 700 million crypto users and promises AI‑driven, autonomous payments.
Circle and Nium Link USDC to Global Payout Rail, Boosting AI‑Driven Cross‑Border Payments
Circle and Nium announced a partnership that integrates Circle's USDC settlement system with Nium's global payout rail, creating a unified bridge for stablecoins and AI‑driven cross‑border payments. The move targets faster settlement, greater capital efficiency and a growing B2B stablecoin...
Iran Launches $2 Million Crypto‑Priced Toll Regime in Strait of Hormuz
Iran's newly created Persian Gulf Strait Authority began charging vessels up to $2 million per passage through the Strait of Hormuz, with payments accepted in bitcoin, stablecoins, and yuan‑denominated wires. The regime also unveiled a bitcoin‑priced insurance program projected to generate...
The Companies Turning Africa’s Stock Markets Into Bitcoin Investment Gateways
African firms are creating new pathways for institutional Bitcoin exposure by launching ETFs and listed treasury companies. Sygnia introduced South Africa’s first Bitcoin ETF, while Africa Bitcoin Corporation listed on the JSE, holding 5.53 BTC and targeting a $210 million capital...
RealFi Announces Development of XRP Ledger-Powered Payment Rewards Application for Shopify Merchants.
RealFi announced it is developing a Shopify payment rewards application built on the XRP Ledger and powered by its native REAL Token. The company secured approval as a Shopify Partner, enabling it to target the platform’s 5.5 million merchants that collectively...
Clashing Judgments Leave South Africa’s Crypto Law Unsettled
South Africa’s high court ruled on 1 June 2026 that bitcoin qualifies as both money and capital for exchange‑control purposes. The decision stemmed from a case where just under 1,680 BTC, valued at roughly R182 million (about $10 million), were moved from local crypto providers...
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KBank Partners Ant International to Build Blockchain USD Rail in Thailand
Kasikornbank (KBank) has signed an MoU with Ant International and JP Morgan Payments to create a blockchain‑based USD rail for Thailand. The platform will combine KBank’s regulated banking services, Ant International’s AI‑driven financial tools, and JP Morgan’s Kinexys blockchain deposit accounts to...
CFTC, AI On‑Chain Commerce, and NY Bitcoin Wallet Unpacked
The CFTC weighing in on perps. AI agents doing onchain commerce. A wild NY bitcoin wallet case. @kkirkbos, Jessi Brooks, and @TuongvyLe12 break it all down live - today at 12pm ET. Join us on: X - https://t.co/7sagHQ6Qjo https://t.co/VLoyTSrcfu
Bitmine Buys $52M ETH as Tom Lee Says Price Not yet Showing Ethereum’s Strength
Bitmine Immersion Technologies bought $52 million worth of Ether, adding 26,497 ETH and bringing its holdings to 5.4 million ETH—about 90% of its goal to own 5% of the circulating supply. The purchase comes as ETH prices slipped 4.7% over the past week, trading...
Strategy’s Bitcoin Sale Causes Clash for $80M in Polymarket Bets
Polymarket users who wagered over $80 million on whether MicroStrategy would sell Bitcoin by May 31 are in a dispute after the company disclosed a sale of 32 BTC between May 26 and May 31. The platform resolved the market as “No” because the...
AI Accelerates Quantum Algorithms; NEAR Preps Post‑Quantum Crypto
Solving quantum algorithms with AI by @eigencloud. Science is accelerating and open source is going to drive that. NEAR is shipping post quantum crypto end of Q2 to make sure everyone has time to upgrade.
ECB, BoE and Fed Warn Stablecoins, Favor Tokenised Deposits in Coordinated Guidance
The European Central Bank, the Bank of England and the U.S. Federal Reserve released coordinated guidance warning that private stablecoins pose financial‑system risks and could erode monetary policy effectiveness. All three regulators highlighted tokenised bank deposits as a safer, bank‑backed...
Ripple's Institutional Network Ready for 20% Supply Cap
If the proposed 20% supply cap under the Clarity Act were enforced, Ripple could potentially comply through structured institutional distributions tied to existing escrow arrangements and long-standing counterparties. The bigger question is how much institutional infrastructure may already be positioned...
New Coins on the Block: Digital Currencies and the Financial System
The CEPR/IESE report argues that stablecoins, tokenised deposits and retail CBDC will reshape the monetary system, with dollar‑denominated stablecoins emerging as the most consequential development. It stresses that general acceptance of any digital money hinges on central‑bank backing, institutional safeguards...
$60M Polymarket Dispute Over Strategy's May Bitcoin Sale Puts UMA's Token-Voting Oracle on Trial
Polymarket’s $60 million binary market on whether MicroStrategy sold any Bitcoin by May 31, 2026 has been disputed twice and now sits in UMA’s optimistic‑oracle queue for a token‑weighted vote. The dispute stems from an 8‑K filing showing the company sold 32 BTC at...
SEC Sues Texas Man over Alleged $12.3 Million AI Crypto Scheme
The U.S. Securities and Exchange Commission filed a lawsuit against Nathan Fuller, a Cypress, Texas entrepreneur, alleging he ran a $12.3 million crypto investment scheme through Privvy Investments, LLC. Fuller purported to operate proprietary AI trading bots that would guarantee 100%...
Jeremy Rubin on Char: The Infrastructure Bet Underneath Every Bitcoin L2
In this episode, Shinobi interviews Jeremy Rubin, co‑founder of Char, about the company’s novel layer‑2 consensus mechanism for Bitcoin roll‑ups. Rubin explains how Char replaces the traditional trusted sequencer with a decentralized proof‑of‑stake system that punishes equivocation by burning staked...
ECB, BoE and Fed Warn on Stablecoins, Back Tokenized Deposits
The European Central Bank, the Bank of England and the U.S. Federal Reserve released coordinated guidance that signals a tougher regulatory posture on private stablecoins while highlighting tokenized bank deposits as the preferred digital‑money model. Officials warned that stablecoins could...
Telegram's Durov Renames TON's Native Token to Gram, Price Climbs as Much as 19%
Telegram founder Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to Gram within three weeks, reviving the original 2018 name blocked by the SEC. The rebrand sparked a 24‑hour price jump of about 19%,...
Anchorage Digital Pushes Federally Chartered Settlement Into Non-Custodial DeFi With Coordinated Multiparty Layer
Anchorage Digital, the only federally chartered crypto bank in the U.S., is expanding its Atlas settlement network to serve non‑custodial DeFi venues such as Hyperliquid, Lighter and Aave. By integrating BridgePort middleware, Atlas now coordinates pre‑order allocation and post‑trade settlement...
Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist
Radiant Capital, once a cross‑chain lending protocol with over $300 million in deposits, now holds just $2.21 million in total value locked and a sub‑$2 million market cap. The decline accelerated after a October 2024 exploit, attributed by Mandiant to the North Korean UNC4736...
House of Doge and Paxos Strike Deal to Push Dogecoin Onto PayPal, Venmo and Interactive Brokers Rails
House of Doge, the corporate arm of the Dogecoin Foundation, announced a partnership with Paxos to integrate Dogecoin into Paxos’s OCC‑chartered brokerage and custody platform. The integration places DOGE on the same regulated infrastructure that powers crypto on PayPal, Venmo,...
Kelp DAO Hacker Has Laundered Nearly All $220M in Unfrozen Funds, Closing the Recovery Window
The Kelp DAO bridge hacker has laundered nearly all of the roughly $220 million in unfrozen funds from the April LayerZero exploit, routing the crypto through THORChain, Wasabi CoinJoin, Tornado Cash and Umbra. Only about $1.7 million remains in the original exploiter wallet,...
Hyperliquid ETFs Pull $100M in First Ten Sessions, Sparking Crypto Banking Surge
Two Hyperliquid spot ETFs launched in mid‑May 2026 have amassed more than $100 million in net inflows during their first ten trading sessions. The rapid capital accumulation, double the proportional demand of earlier XRP ETFs, is reshaping how investment banks approach...
SoFi's OCC‑Backed SoFiUSD Stablecoin Sparks 16.6% Stock Surge
SoFi Technologies introduced SoFiUSD, an OCC‑regulated stablecoin, and its shares jumped 16.6% in after‑hours trading. The launch gives the U.S. digital bank a rare regulatory foothold in the crypto space and could unlock new fee‑based revenue. Investors are weighing the...
Options-Based DeFi Indexes Replace Liquidations with Smooth Exposure
Building index-tracking assets on top of options instead of debt https://t.co/gFNEvCbHct What if the use options as the base of defi, instead of CDPs and liquidations? So instead of extreme price movements creating a sharp and global "you get liquidated" effect, instead...
Crypto's Boom Continues: Daily Dividend Security Launches
This week's News Block is one you need to hear: https://lnkd.in/gkFQf-3E JPMorgan CEO Jamie Dimon went on Fox Business to discuss the CLARITY Act mark-ups and said crypto will "blow up." He also ripped Coinbase's CEO, accusing him of buying...
V12 Says THORChain Silently Patched Its Critical Bug, Then Told Researchers the Bounty Is 'Permanently Retired'
V12, a security‑automation startup, reported a critical loss‑of‑funds bug to THORChain on April 28 but was told the bug‑bounty program had been retired. THORChain silently applied a patch that never reached validators, and a near‑identical proposer‑forgery flaw was exploited on May 15,...
Binance Opens US Stock Trading to Non-US Users, Sets Up Tokenized 'bStocks' On BNB Chain
Binance has launched zero‑commission trading of over 7,000 U.S. stocks and ETFs for eligible non‑U.S. customers, allowing fractional shares starting at $5 with a $0.35 minimum fee and funding via stablecoins or BNB. Orders are routed through Nest Trading (ADGM‑regulated)...
Trader Turns $2,480 Into $12 Million After Holding Binance Memecoin for 8 Months
A trader who spent roughly $2,480 on the newly launched Binance Life memecoin has amassed a position worth about $12.4 million after eight months. The investor bought 18.5 million tokens at $0.00013 each, held through volatile market conditions, and recently moved 3.5 million...
Volatility Trading Beats Buy‑Hold in Crypto
I post my altcoin portfolio publicly, drawdown and all, because the process is the lesson. But that's not how the fund actually trades. The fund doesn't predict direction. It trades volatility, and treats the market's worst moments as its best opportunities. A buy-and-hold...
Coinbase Issues Statement on May 7, 2026 Outage
On May 7, 2026 Coinbase suffered a severe eight‑hour service outage that disrupted trading, deposits, withdrawals and other core functions, with full system recovery completed by the afternoon. The incident originated from simultaneous chiller failures in an AWS us‑east‑1 data hall, triggering...
Agents, Not Humans, Will Drive Future On‑Chain Payments
soon most money moving onchain wont be sent by a human. the next category isnt b2c or b2b, its a2a. in the last month aws launched agentcore with coinbase and stripe, circle shipped its agent stack, fireblocks rolled out an...
Bitcoin Dip Triggers $480M Long Liquidations
$480 million in longs were liquidated over the past 24 hours, following Bitcoin's Monday drop below $71,000 https://t.co/HewIv0gIp2
Bitcoin’s Path Higher Just Got Harder
Bitcoin closed May in negative territory, snapping a two‑month winning streak as U.S. equities continued to climb. The cryptocurrency’s momentum slowed amid growing regulatory uncertainty and waning on‑chain activity. Analysts note that the divergence between risk assets suggests Bitcoin’s March...
Bitmine Thrives Debt‑free; Strategy Juggles Dividends and BTC
The contrast between @BitMNR and @Strategy is large Bitmine - no debt, no dividend obligations, positive flows from $ETH staking Strategy - perpetually balacing capital between $STRC dividends vs $BTC purchases I'm still unsure Tom Lee's next move after buying 5% of...
Users Want Censorship Resistance, Not Decentralization Buzz
"Blockchain users don't care about decentralization" is a take I've heard. What they actually care about are the things that meaningful decentralization offers: - Censorship resistance - Chain uptime / resilience - Credible neutrality - Exit rights - Open source verification
BitGo CEO Warns EU MiCA Rules Could Trigger Stablecoin Crisis
BitGo CEO Mike Belshe cautioned that the EU's Markets in Crypto Assets (MiCA) framework forces stablecoin issuers to keep reserves in fractional‑reserve banks, creating systemic risk. He cites the 2023 Silicon Valley Bank collapse that de‑pegged USDC as a warning...
Leveraged Liquidation Coverage Becomes Nexus Mutual’s Major Offering
Leveraged Liquidation Coverage has quietly grown into one of Nexus Mutual's bigger coverage lines. Specifically designed for looping trades. You get a payout if the position is liquidated.
Bitcoin Suffers Biggest 2‑month Dip, 200‑day SMA Breach Extends
Bitcoin putting in for its biggest single-day drop in 2 months. The -3.3% drop breaks the stretch since the last -3% or greater drop (49 days). Meanwhile, the reversal has extended the time BTCUSD has run below its 200-day SMA...
Ripple Unlocks $1.35 B of XRP and Eyes $1 B Treasury SPAC as Utility Spikes 35%
Ripple will release 1 billion XRP from escrow on June 1, valued at roughly $1.35 billion, while a Bloomberg‑cited report says the firm is leading a $1 billion SPAC raise for an XRP‑focused treasury. The moves come as XRPL transactions jump 35% quarter‑over‑quarter, bolstering...
Strategy Sells 32 BTC to Fund Preferred Stock Payouts
MAJOR: 🚨 Strategy sold 32 $BTC for $2.5M between May 26-31 to fund preferred stock payouts, marking its first Bitcoin sale since 2022 https://t.co/C3lCMYPnoi
Saylor's BTC Sale Ends FUD, Markets Turn Bullish
Now, the FUD surrounding Michael Saylor selling his $BTC is now over, as it has happened and markets get into a new neutral. This is, as a matter of fact, bullish for the markets.
Saylor Breaks The 'Immaculate' Bitcoin Narrative
Michael Saylor, long‑time champion of Bitcoin as a corporate treasury asset, has disclosed that Strategy Funds sold a portion of its Bitcoin holdings, contradicting his famed “never sell” doctrine. The reversal comes after Saylor publicly pledged to keep buying Bitcoin each...
GENIUS Act Comments Close June 2; Senate Revives CLARITY Negotiations
BIG THIS WEEK: 🚨 GENIUS Act stablecoin comment periods close June 2 for Treasury, FDIC, and FinCEN, while the Senate resumes CLARITY Act negotiations June 3 with CFTC provisions and an August signing target
Crypto Major Coinbase Re-Enters Indian Market With Direct INR Trading
Coinbase has relaunched its platform in India, adding direct INR deposits and withdrawals via IMPS and offering spot and perpetual crypto trading. The exchange secured a Financial Intelligence Unit licence and built local INR order books to provide dedicated liquidity...
ETH Eyes $1,383 Bear Target; $880 Next Support
$ETH - The next downside target of the bear market that started last August is the April 2025 low at $1383. If 1383 is broken the 2022 low at 880 would be the next major support. https://t.co/JSOOku1rUl
Little Pepe Raises $28 M in Presale, Targets 50x Meme Coin Upside at $0.0022
Little Pepe (LILPEPE) closed Stage 13 of its presale with more than $28 million raised and 16.9 billion tokens sold at $0.0022. The low‑price meme project touts a Layer‑2 blockchain, anti‑sniper protections and a built‑in launchpad, positioning itself as the next 50‑times mover...
Tagus Bytes (01.06.26)
U.S. Bitcoin exchange‑traded funds recorded a cumulative net outflow of $2.4 billion in May 2026, marking a sharp reversal from the $1.97 billion inflow in April and $1.32 billion in March. The outflows were driven by a record ten‑day streak of withdrawals as...
Aave Now Has a Regulated Path From Bank Accounts to DeFi Lending – The Hard Part Is Keeping Users There
Aave Labs secured FCA registration for its UK entities, Push Labs Ltd. and Push Virtual Assets Ltd., adding a regulated crypto‑exchange layer to its existing Electronic Money Institution status. Coupled with the MiCAR CASP licence obtained in Ireland, Aave now...