Crypto Market News
Updates Every Day at 8 AM US Eastern. Last Update: May 29, 2026 08:00 US Eastern
We have updated our website. Please visit our Crypto News and Crypto Blog pages.
Ripple Chief Legal Officer Stuart Alderoty said crypto is moving deeper into mainstream American finance, citing a new National Cryptocurrency Association report that found 67 million Americans now own or use digital assets. Speaking with NYSE on May 28, Alderoty, who also serves as president of the National Cryptocurrency Association, framed crypto adoption as increasingly […]
Coindesk - May 29 2026, 07:15 EST: Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demandYour day-ahead look for May 29, 2026
Bitcoinist - May 29 2026, 06:00 EST: Trump Rejects Iran Deal — Bitcoin Reacts With Sharp Drop Below $74KBitcoin’s market cap stood at roughly $1.5 trillion as the sell-off unfolded, with daily trading volume climbing past $32 billion — a sign that traders were moving fast in response to a rapidly shifting news cycle. Related Reading: ‘All Of DeFi Unsafe,’ Developer Warns As AI Agents Reshape Security Threats A Fabricated Deal Sets Off […]
Coindesk - May 29 2026, 06:38 EST: Bitcoin ETF outflows reach record 9-day streak as investors pull $2.8 billionThe longest run of withdrawals since U.S. spot bitcoin ETFs listed in January 2024 comes as bitcoin underperforms high-flying AI and semiconductor stocks.
Bitcoinist - May 29 2026, 05:00 EST: ICE CEO Jeff Sprecher Calls Hyperliquid ‘Bigger Than Nasdaq’Intercontinental Exchange founder and CEO Jeff Sprecher said crypto-native exchange Hyperliquid has become impossible for traditional market operators to ignore, pointing to its weekend oil trading, stablecoin settlement, high leverage and retail-driven price discovery as signs of a broader shift in global markets. Speaking in a Bernstein presentation excerpt dated May 27, 2026, Sprecher said […]
Coindesk - May 29 2026, 06:29 EST: Bitcoin slides to April lows as crypto diverges from record-chasing U.S. equitiesBitcoin's failed breakout above $83,000 is looking increasingly like a bear market signal, even as S&P 500 and Nasdaq futures notch gains and approach all-time highs.
Bitcoinist - May 29 2026, 04:00 EST: Crypto Card Payments Explode As Transaction Volume Nears $8 BillionVisa and Bridge, a fintech firm owned by Stripe, plan to bring stablecoin-linked payment cards to more than 100 countries by the end of 2026, with the first rollout already covering 18 nations across Latin America. Why Traditional Finance Is Winning The Crypto Payments Race Grocery runs and restaurant bills are now among the most […]
Coindesk - May 29 2026, 05:59 EST: Kalshi follows CFTC in suing Minnesota over law criminalizing prediction marketsThe Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
Bitcoinist - May 29 2026, 03:00 EST: SoFi Rolls Out Ethereum And Solana-Based Stablecoin To 15 Million UsersThe Ethereum and Solana-based SoFiUSD has become the first national bank-issued stablecoin to launch on an official banking platform. SoFi Has Made Its Stablecoin Available On Its Retail Banking App As announced in a press release, SoFi Technologies has rolled out its stablecoin to the official SoFi banking app, which hosts a userbase of nearly […]
Coindesk - May 29 2026, 05:10 EST: Strategy's STRC slips below $99 as Strive captures investor attentionSTRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.
Bitcoinist - May 29 2026, 02:00 EST: Bitcoin Faces Fresh Danger As Miner Inflows To Binance SurgeBitcoin’s composite trend signal has shifted back into a “high bear” zone, according to researcher Axel Adler Jr., following a sharp three-week reversal from May highs around $82,500. Related Reading: Crypto Scammers Exploit Google Ads To Drain $400K From Uniswap Users The cryptocurrency now trades just above the $74,500 support band, a level that aligns […]
Coindesk - May 29 2026, 04:19 EST: Solana, Sui and Aptos wallet data targeted in TrapDoor package attackThe campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.
Bitcoinist - May 29 2026, 01:00 EST: Bitcoin Flashes A Historic Supply Setup – But One Key Signal Still Remains BearishBitcoin has fallen back below $75,000 as selling pressure and market uncertainty combine to test the resilience of a recovery that has struggled to establish the structural foundation needed for a sustained advance. The breakdown is concerning on its own terms — but a CryptoQuant analyst has identified a data point in the exchange reserve […]
Coindesk - May 29 2026, 02:07 EST: OKX Ventures buys $53 million stake in Korea's Coinone exchangeThe crypto exchange's investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Bitcoinist - May 29 2026, 00:00 EST: Trump Backs Crypto Market Structure Bill Ahead Of Senate FightPresident Donald Trump has re-entered the US crypto market-structure debate, saying his administration will codify a “future-proof” framework for digital assets as a Senate fight over the CLARITY Act moves closer. The message ties the White House’s crypto agenda to legislation that would define regulatory boundaries for digital assets, exchanges, custodians, stablecoins and derivatives markets. […]
Coindesk - May 29 2026, 01:01 EST: XRP rebounds above $1.30 after volume surge, but bears still control the bigger pictureXRP snapped a streak of lower lows on heavy buying, though the token remains stuck below major resistance levels that have capped every rally this year.
Coindesk - May 29 2026, 00:41 EST: Bitcoin, ether little-changed despite record stocks, falling oil and easing war fearsGlobal stocks hit records and oil cracked on a tentative US-Iran ceasefire extension. Crypto stayed on the sidelines, with some analysts saying the next catalyst is regulatory, not geopolitical.
Coindesk - May 29 2026, 00:23 EST: Bitcoin's record holder supply hides a buyer drought, CryptoQuant saysA record high in long-term holder supply typically signals conviction. CryptoQuant says it reflects a shortage of new buyers, a view echoed by weakening ETF demand and bearish prediction market odds.
Coindesk - May 28 2026, 18:03 EST: Calamos bets protected Bitcoin ETFs can outlast crypto market swingsAs more than $1 billion exited spot Bitcoin ETFs last week, Calamos says investors are rotating into Bitcoin products with built-in downside protection.
Coindesk - May 28 2026, 15:53 EST: Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankersFalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with the SEC, though the listing is not expected until later this year amid volatile market conditions.
Coindesk - May 28 2026, 15:09 EST: Why the Ethereum Foundation is suddenly again at the center of crypto’s culture warIn this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main steward for the Ethereum blockchain, and why its been back in the spotlight.
Coindesk - May 28 2026, 14:53 EST: Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivalsUSAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.
Coindesk - May 28 2026, 14:34 EST: Bitwise bets Hyperliquid could power future finance as HYPE ETFs gain tractionBitwise says investor demand for Hyperliquid exposure is surging as new HYPE ETFs launch.