Author: James Wilson
Pi Network’s PI token is consolidating near $0.14 after an April rally, with thin liquidity and IOU listings keeping volatility elevated as traders eye key support and resistance levels. Summary PI trades around $0.14 with a tight 24 hour range and modest volumes Token remains over 90 percent below its 2025 peak near $3.00 Market weighs Consensus 2026 buzz against liquidity and compliance risks Pi Network’s PI is changing hands at about $0.144 with a 24 hour low of roughly $0.142 and a high near $0.146 on Bybit’s IOU market as of May 29, 2026, underscoring how the token has…
The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran. Summary The U.S. Treasury says seizures of Iran-linked cryptocurrency are nearing $1 billion as Washington targets Tehran’s financial networks. Tether froze $344 million in USDT across two Tron wallets linked to Iran’s IRGC after OFAC sanctions and U.S. law enforcement action. Iran’s reported use of crypto for weapons sales and proposed Bitcoin tolls in the Strait of Hormuz has raised new sanctions and compliance risks. The U.S. Treasury has said it has seized nearly $1 billion…
Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve. Summary Texas has named a five-member advisory committee to guide the management, custody, and valuation of its Strategic Bitcoin Reserve. The state is seeking a qualified crypto custodian as it prepares to move from IBIT-based exposure to directly held Bitcoin. The reserve currently holds about $10 million in Bitcoin exposure through BlackRock’s iShares Bitcoin Trust. The Texas Comptroller’s office said Thursday that Acting Comptroller Kelly Hancock will serve on the five-member Texas Strategic Bitcoin Reserve Advisory Committee, which will…
Coinbase has opened a regulated route for U.S. institutions to trade global crypto derivatives through its futures commission merchant. Summary Coinbase Financial Markets now offers U.S. institutions regulated access to global crypto derivatives, starting with Deribit options. CFTC staff action supports the structure, with certain crypto perpetual contracts treated as foreign futures under specific conditions. Coinbase’s partnership with Standard Chartered adds fiat funding rails for major currencies, supporting institutional spot, derivatives, and financing strategies. Coinbase said on May 29 that Coinbase Financial Markets now gives eligible U.S. clients access to crypto derivatives markets, starting with Deribit options. The company described…
The CFTC has warned regulated derivatives platforms that round-the-clock trading may suit crypto-native markets but may not work safely across every traditional asset class. Summary The CFTC warned that 24/7 trading may not suit every traditional derivatives market. Coinbase said the CFTC approval adds crypto perpetuals and global options to its regulated platform. The CFTC and Gemini asked a Manhattan court to vacate a $5 million settlement order. The CFTC said in a Friday advisory that exchanges and clearinghouses should carefully assess products before extending trading and clearing to a 24/7 model. The agency said some markets can support constant…
Bitcoin has clawed back losses to trade near $74,000 after President Donald Trump abruptly announced an end to the U.S. naval blockade of the Strait of Hormuz, easing weeks of geopolitical pressure on crypto and oil markets. Summary Bitcoin rebounds to roughly $74,000 after Trump ends Hormuz blockade Traders unwind “war premium” as focus shifts back to macro and ETF flows BTC volatility stays elevated after weeks of headline driven price swings In a Truth Social post, US President announced the end of the Hormuz naval blockade, spurring a reaction from crypto and stock markets around the world. Bitcoin (BTC)…
Grayscale is negotiating a $115 million HYPE-for-shares seed swap for its proposed Hyperliquid staking ETF, in a move that deepens Wall Street’s exposure to on chain derivatives. Summary Grayscale in talks to seed Hyperliquid staking ETF with roughly $115 million in HYPE Product would list on Nasdaq under HYPG and stake the underlying tokens Deal follows 21Shares’ HYPE ETFs and intensifying competition for Hyperliquid exposure Grayscale is negotiating with Hyper Holdings Global LP to seed its proposed Hyperliquid ETF with about 2 million HYPE tokens, worth roughly $115 million at current prices, in exchange for fund shares before listing, according…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI trading robots expand from stocks into crypto as traders use automation tools like BulkQuant for market monitoring. Summary AI trading robots are moving from stock tools into crypto as traders need automation for 24/7 markets; profits are not guaranteed. Platforms like BulkQuant position themselves as AI-assisted trading workflows offering multi-market access, automation, and risk controls. Experts stress these tools support decision-making and monitoring but do not ensure returns; advanced traders may prefer coding-based systems. In 2026, more traders…
In April 2026, two hacks worth $577 million accounted for 76% of all crypto theft this year. Both were the work of North Korea’s Lazarus Group. Summary North Korea-linked Lazarus attacks drained $577 million from Drift Protocol and KelpDAO. The Drift exploit relied on social engineering, compromised devices, and multisig approvals. KelpDAO’s breach triggered a DeFi bank-run risk after rsETH collateral spread through Aave. The attacks show DeFi security now depends on human, operational, and bridge-layer defenses. Neither was a smart contract exploit. The attackers spent six months posing as a trading firm, attending crypto conferences in person, and building…
A majority of European crypto users are still using unlicensed exchanges weeks before the EU’s MiCA transition period comes to an end, according to an analysis published by OKX Europe. Summary OKX Europe found that 60% of European crypto users still use exchanges without MiCA authorization ahead of the July 1 deadline. About 7.6 million crypto exchange app downloads in Europe over the past year went to platforms that do not hold a MiCA license. According to an analysis by OKX Europe shared with crypto.news, 7.6 million of the 18.5 million crypto exchange app downloads recorded across Europe between May…