Bitcoin Hit Bottom at $59,000 Marking End to the Crypto Winter, Says Standard Chartered Analyst
Standard Chartered analyst Geoffrey Kendrick says Bitcoin has likely hit its cycle low around $59,000, signaling the end of the recent crypto winter. He attributes the rebound to two catalysts: the cessation of massive spot Bitcoin‑ETF redemptions that were financing the SpaceX IPO, and a possible U.S.–Iran peace deal that could curb oil prices and Treasury yields. Bitcoin has recovered to just under $64,000 after touching $59,375 on June 5. Kendrick maintains a $100,000 year‑end target for Bitcoin and expects Ether to outperform.
VanEck Bets BNB’s Real-World Usage Can Stand Out in a Crowded Crypto ETF Market
VanEck has introduced VBNB, the first U.S. spot BNB exchange‑traded fund, giving brokerage investors direct exposure to Binance’s native token. The fund has gathered roughly $2 million in assets since its debut, while the firm highlights BNB Chain’s 33 million monthly active...
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows
Bitcoin ETFs have seen four straight weeks of over $1 billion net outflows, totaling roughly $9 billion since their recent peak, even as Bitcoin hovers near $60,000. Despite the pullback, cumulative net inflows since launch still exceed $50 billion, indicating most investors remain...
Kalshi’s Crypto Perpetuals Spark Debate over Whether They’re Futures or Swaps
Kalshi has launched the first CFTC‑regulated crypto perpetual contracts in the United States, prompting a heated debate over whether these products should be classified as futures or swaps. Proponents argue that the exchange‑traded, centrally cleared nature of perpetuals aligns them...
The U.S. Government Is Betting $2 Billion on Quantum Computing, and the Defense Side Can't Keep Up
The U.S. Commerce Department announced $2 billion in contracts for nine quantum‑computing firms, including a $1 billion wafer‑foundry grant to IBM and $375 million to GlobalFoundries. The funding marks a shift from research grants to industrial‑scale production aimed at achieving a cryptographically relevant...
XRP Sentiment Falls to 8-Month Low, and that Has Been a Buy Signal Before
Social media sentiment for XRP has plunged to its lowest level this year, registering a -0.908 reading from Santiment. The token trades at $1.14, down 69% from its July peak and well below its 2025 high, even as on‑chain usage...
Coinbase Launches AI Agent Accounts that Can Trade and Spend on Your Behalf
Coinbase unveiled "Coinbase for Agents," a platform that lets AI assistants such as ChatGPT and Anthropic’s Claude connect to users’ Coinbase accounts and execute trades, retrieve market data, and eventually make payments. The service launches with support for spot crypto...
Banking Rails Are Moving Past the 'Stablecoin Winner' Narrative: Sygnum
Swiss digital‑asset bank Sygnum, together with UBS, PostFinance and other lenders, is piloting a public‑yet‑permissioned blockchain that lets stablecoins, tokenized deposits and tokenized money‑market funds operate interchangeably on a single regulated platform. Institutional clients are pushing for this multi‑instrument approach...
Crypto for Advisors: Crypto ETFs
In May 2026 global crypto exchange‑traded products recorded a net $2.39 billion outflow, pulling total assets under management down to $141.1 billion from $158.7 billion in April. U.S.-listed ETFs absorbed almost the entire redemption, still holding roughly 84.5% of the global market at...
U.S. House Bill Would Erect Crypto-Theft Task Force Across Law Enforcement Agencies
A bipartisan bill introduced in the U.S. House would create a Federal Cryptocurrency Theft Task Force, headed by the attorney general and drawing on the DOJ, FBI, DHS and Treasury. The task force aims to centralize investigations of crypto fraud,...
Canton Network Developer Raises $355 Million to Bring Wall Street Onchain
Digital Asset, the firm behind the Canton Network blockchain, closed a $355 million financing round led by a16z crypto, surpassing its $300 million goal. The round, which also featured ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group and the Abu Dhabi...
The Quantum Clock Is Ticking: It's Bitcoin's Problem, Not Ethereum's
Citi’s May 2026 note and a Google‑Stanford paper reveal that Bitcoin faces a far greater quantum‑computing threat than Ethereum. The study estimates a quantum machine with under 500,000 physical qubits could extract a Bitcoin private key in minutes, while Ethereum...
Prediction Markets Get First U.S. Rule Proposal as CFTC Pursues Contract Reviews
The U.S. Commodity Futures Trading Commission released its first proposed rulemaking to regulate prediction‑market contracts, introducing a public‑interest test and a 90‑day review process. The framework aims to block contracts tied to war, terrorism, assassination or illegal activity while allowing...
5 Corruption Gaps Congress Must Close in the Clarity Act
Congress is poised to pass the Digital Asset Market Clarity Act, the most consequential crypto legislation in the United States, after clearing the Senate Banking Committee on May 14. The bill, however, leaves five critical gaps—DeFi oversight, a Tornado Cash loophole, insufficient...
Come Back After the Summer, Says One Analyst on Crypto Markets
Analyst Quinn Thompson of Lekker Capital says Bitcoin will stay bearish through the summer, citing digital‑asset‑treasury (DAT) issues, unresolved Strategy preferred‑stock (STRC) questions, and quantum‑computing risks. He notes a historic divergence between crypto and technology stocks, with Bitcoin lagging despite...