The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.
The scrutiny of Polymarket's dispute process highlights potential conflicts of interest, raising concerns about fairness and transparency in prediction markets.
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Rising yields prompt a strategic shift in investor behavior, impacting tech valuations and delaying anticipated rate cuts, affecting broader markets.
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Redis' Iris could accelerate enterprise AI adoption by bridging data retrieval gaps, enhancing efficiency, and reducing infrastructure costs.
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Among those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages.
The crypto markets are once again shifting their focus toward the rapidly growing real-world asset (RWA) sector, and ONDO appears to be leading the narrative. The token witnessed a sharp bullish breakout, surging over 15% in a single day, while trading volume exploded by more than 130%. The rally gained momentum shortly after a fresh …
While the rest of the crypto market has shown more signs of an intensifying bear market, Zcash (ZEC) is making major waves. Over the last 30 days, the privacy-focused coin has surged by around 60%, while Bitcoin (BTC) and Solana (SOL) have remained relatively quiet, each slipping by single digits in the same timeframe. Nevertheless, Alex Cardichi, market expert from The Motley Fool, argues that Bitcoin, Solana and Zcash have several potential catalysts remaining this month that could trigger a fresh rebound rally. Bitcoin Could Aim For $100K, Solana Prepares Alpenglow In his latest report, Cardichi starts by discussing Bitcoin, citing the United States’ holdings of around 328,000 seized coins. He refers to comments made by White House advisor Patrick Witt on 6 May, when Witt revealed that a significant update on the Strategic Bitcoin Reserve is anticipated ‘in the next few weeks’. Cardichi argues that a positive announcement, especially one that provides clearer details on the status of the reserve, could push Bitcoin back towards six-figure levels. Currently, the market’s leading cryptocurrency has fallen from $82,000 last week to $76,300. Related Reading: Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA) Solana is the second focus. Cardichi calls out a major technical development: the chain’s upcoming Alpenglow upgrade. If everything goes to plan, the upgrade could roll out as soon as the third quarter of this year. From Cardichi’s perspective, the upgrade’s improvements aren’t only about performance for its own sake. He suggests that if Alpenglow delivers the results Solana developers expect, it could become a practical incentive for financial institutions looking to transition parts of their workflows onto blockchains. In that context, he points to this year’s third quarter as a possible turning point for Solana and its native token, particularly if testing supports the Alpenglow upgrade’s promised impact. For now, SOL is trading at $84, down 11% over the past seven days. Zcash After The ECC Exit Finally, Cardichi turns to Zcash, one of the best-performing tokens in the market, noting that in January, the entire engineering team behind Zcash’s original developer—Electric Coin Company (ECC)—resigned amid an internal governance dispute. Despite that upheaval, Zcash has since surged, rising about 127% over the last three months. Instead of proving fatal, Cardichi argues the disruption became the start of a new phase. Related Reading: XRP ‘Trade Of A Lifetime’ Is Setting Up, Says Crypto Analyst After the engineering team exited, they formed a new organization called Zodl and raised $25 million from firms including Andreessen Horowitz (a16z) and Winklevoss Capital in early March. Cardichi says the funds are intended to recruit new talent and build out Zcash’s development roadmap, and he expects further updates to emerge soon as that work progresses. At the time of writing, Zcash was trading at around $533, having risen by almost 1,200% year-to-date. However, Cardichi suggests that a rally to the coin’s prior all-time high of $880 could be sparked by any catalyst arising from the new dev roadmap. Featured image created with OpenArt, chart from TradingView.com
Rising long-term yields could tighten liquidity, increase borrowing costs, and challenge risk assets, impacting economic growth and investment.
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The decision to pause military action highlights the delicate balance between diplomacy and conflict, impacting global markets and regional stability.
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The hacker has already laundered nearly 5% of the loot through Tornado Cash and is still holding the remaining 955 eBTC.
Coinbase's system upgrade reflects its strategic push towards becoming an "Everything Exchange," potentially reshaping crypto trading dynamics.
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Micron's strategic positioning in AI infrastructure could drive long-term growth, but market volatility and competition pose significant risks.
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The US's conditional stance on Iran could lead to fragmented Gulf diplomacy, increasing regional uncertainty and impacting global oil markets.
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Bitmine chairman Tom Lee said the company is expected to have accumulated 5% of Ether's total supply before the end of the year.
The case highlights the vulnerability of political supporters to fraud and signals increased DOJ efforts to tackle cross-border scams.
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Berkshire's investment in Macy's highlights potential undervaluation in retail real estate, influencing investor perceptions and market dynamics.
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Circle's AI-driven commerce initiative could revolutionize digital transactions, potentially increasing USDC's usage and reshaping stablecoin infrastructure.
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Hyperliquid’s lead in onchain perpetuals drew a fresh challenge from the Solana ecosystem after Solana co-founder Anatoly Yakovenko, known as Toly, argued that Solana needs its own atomically composable perp DEX inside the SVM. The debate comes as Hyperliquid is already trying to define its regulatory path in Washington during the advancement of the CLARITY Act. The exchange began with Hyperliquid co-founder Jeffrey Yan saying he had spent several days in Washington with the Hyperliquid Policy Center, meeting policymakers as the CLARITY Act advanced. According to him, the discussions focused on Hyperliquid, its potential benefits for American consumers, and the regulatory path for bringing onchain derivatives markets into the US framework. That policy push quickly collided with a separate market-structure debate on X, where Toly publicly encouraged users who enjoy Hyperliquid to try a new Solana-based perp DEX. The comment drew pushback from users, who questioned whether the industry needs another perpetuals venue rather than further innovation. Related Reading: HYPE Falls 6% As CME, ICE Target Hyperliquid Over Oil Risks Rune framed the issue directly: “I admire the Solana guys for pushing their apps publicly, genuine respect for the hustle, but maybe the energy should go towards innovation instead of replication.” He added that the central question was what a Solana-native perp DEX could do better than Hyperliquid, beyond competing on fees or copying the same product category. Hyperliquid Vs. Solana Toly’s answer was composability. He argued that the comparison is not fundamentally different from asking why Hyperliquid was needed when Binance, Coinbase or CME already existed. “It’s like asking what can Hyperliquid do that Binance or Coinbase or CME can’t?” Toly wrote. “Solana’s SVM needs an atomically composable perp DEX in its runtime so innovation can flourish. Apps built inside the SVM can’t use HL because you have to bridge there.” The disagreement cuts to the core of how different ecosystems view derivatives infrastructure. Hyperliquid has built its case around a vertically integrated, onchain exchange experience that appeals to traders seeking self-custody, speed, and a non-CEX interface. Rune acknowledged that Hyperliquid had answered its own “why exist” question through “self-custody, no KYC, community-owned,” but pressed whether composability alone is enough for a Solana-native rival to win. Toly did not argue that success is guaranteed. Instead, he framed the market as large enough to justify aggressive experimentation from Solana teams, especially if the base layer can support products that compete with centralized venues. Related Reading: Hyperliquid (HYPE) To $100? Expert Forecasts Major Rise Before Summer 2027 “The 10B OI is the opportunity,” he wrote, referring to open interest. “It’s a small fraction of what Binance, CME, Coinbase, NYSE have. Why wouldn’t I want Solana to compete for the chunk of the global market?” He added that Binance and other incumbents are unlikely to leave that market uncontested, and that Hyperliquid’s own growth has already validated demand for a DEX-style trading interface. “HL proved that people will trade with a DEX interface instead of a Binance/CME style one,” Toly said, while pointing to Solana ecosystem teams and hackathon winners as examples of broader experimentation. The debate also drew attention from market participants outside the Solana-Hyperliquid rivalry. Moonrock Capital founder Simon Dedic said he was “neither a Hyperliquid nor a Solana maxi” and did not care much about trading, but argued that Toly’s interest itself was notable. “When Toly, one of the most brilliant, successful and relentless founders in the industry, gets excited about a new product like this, you better pay attention I guess,” he wrote. At press time, HYPE traded at $45.968. Featured image created with DALL.E, chart from TradingView.com
Governor Tim Walz has signed HF 3709 into law, permitting banks and credit unions to offer crypto custody services.
Hyperliquid's deal could reshape DeFi dynamics, highlighting potential risks and rewards of relying heavily on stablecoin reserve yields.
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This case highlights the persistent risks in crypto investments, emphasizing the need for investor vigilance and regulatory oversight to prevent fraud.
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The CLARITY Act just cleared the Senate Banking Committee in the most significant regulatory breakthrough for crypto in US history. Bitcoin should be rallying, but instead it is down $6,000 since the vote advanced the bill to the full Senate, wiping $126 billion from its market cap. Ethereum fell more than 10%, erasing $30 billion. …
Asia's stablecoin dominance highlights a shift towards practical crypto applications, potentially reshaping global financial ecosystems.
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Warsh's leadership may signal prolonged high interest rates, impacting global markets and potentially challenging speculative asset valuations.
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The SEC's move towards tokenized stocks could revolutionize trading with 24/7 markets and faster settlements, but risks fragmentation and custody challenges.
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Bitcoin price started a fresh decline below the $77,500 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,000 and $77,500 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $77,500 support zone. BTC remained in a bearish zone and extended losses below the $77,000 level. There was a move below the $76,500 level. The price even dipped below $76,200. A low was formed at $76,020 and the price is now consolidating losses. It is showing bearish signs below the 23.6% Fib retracement level of the downward move from the $82,018 swing high to the $76,020 low. Bitcoin is now trading below $77,000 and the 100 hourly simple moving average. If the price remains stable above $76,000, it could attempt a fresh increase. Immediate resistance is near the $77,000 level. There is also a bearish trend line forming with resistance at $76,850 on the hourly chart of the BTC/USD pair. The first key resistance is near the $78,300 level. A close above the $78,300 resistance might send the price further higher. In the stated case, the price could rise and test the $79,000 resistance or the 50% Fib retracement level of the downward move from the $82,018 swing high to the $76,020 low. Any more gains might send the price toward the $80,000 level. The next barrier for the bulls could be $81,200. More Losses In BTC? If Bitcoin fails to rise above the $78,300 resistance zone, it could start another decline. Immediate support is near the $76,200 level. The first major support is near the $76,000 level. The next support is now near the $75,500 zone. Any more losses might send the price toward the $75,000 support in the near term. The main support now sits at $74,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $76,000, followed by $75,000. Major Resistance Levels – $77,000 and $78,300.
Nearly 20% of the world’s oil supply moves through the Strait of Hormuz. Iran now wants a cut of it — not by force, but through Bitcoin. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout A Platform Built Around Geography Iran’s Ministry of Economy launched Hormuz Safe on May 16, 2026, a maritime insurance platform that lets cargo operators pay with Bitcoin and other cryptocurrencies instead of going through traditional banks. Once a payment clears on-chain, the cargo gets immediate insurance coverage along with a digitally signed receipt. The target market is ships passing through the Persian Gulf and the Strait of Hormuz — one of the most heavily trafficked shipping corridors in the world. Iranian media have reported that the platform could eventually bring in more than $10 billion a year. No official figures have been released to back that number up. Sidestepping The Dollar For years, Western sanctions have blocked Iran from the global banking system, cutting it off from tools like SWIFT and dollar-based transactions. Hormuz Safe fits into a broader pattern of Iran looking to crypto as a workaround. Reports indicate the country has been exploring Bitcoin, stablecoins, and blockchain systems as ways to keep trade moving despite those restrictions. The idea behind the platform is straightforward. Instead of threatening to shut down a critical shipping lane during periods of tension, Iran appears to be trying to profit from the traffic that already flows through it. Early Stage, Big Questions Despite the attention the launch has drawn, Hormuz Safe is still very much a work in progress. Reports say the platform has little more than a basic landing page online, and key legal and technical details remain unanswered. The biggest obstacle for potential customers is sanctions exposure. US regulators have a track record of going after companies that do business with Iranian state-linked entities. Related Reading: Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention Any shipping operator that signs up could face secondary sanctions or compliance problems back home. On top of that, insurance certificates issued through an Iranian crypto platform may not be recognized by ports and regulators in other countries. Hormuz Safe remains an early-stage initiative that has generated more attention than actual business activity. Still, it reflects a growing trend: crypto is increasingly becoming a tool not just for traders and investors, but also for countries seeking alternatives to financial systems that have long been used against them. Featured image from Reuters, chart from TradingView
BTCFi protocol Echo was exploited, with the attacker minting 1,000 eBTC on Monad and using it as collateral to borrow WBTC.
Google's AI advancements could redefine tech industry standards, impacting governance, security, and the integration of AI in blockchain.
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AI trade concentration risks highlight the need for diversified strategies to mitigate potential market volatility and protect investments.
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