A closer technical look at the reason behind XRP's drop today.

Let's have a closer look at the technical indicators, which might give us a clearer idea of why Pi Network's PI token is performing poorly this week.

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran. Market data […]

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Diverging CEO confidence amid geopolitical tensions may signal market volatility, impacting consumer sectors and investor strategies. The post CEOs lose confidence in economy amid ongoing Iran war appeared first on Crypto Briefing.

Warsh's approach could redefine inflation metrics, impacting market recalibration and potentially favoring tech-driven growth investments. The post Kevin Warsh’s first test as Fed Chair: taming inflation expectations that won’t sit still appeared first on Crypto Briefing.

TLDR: Kenya’s Treasury CS Mbadi says Finance Bill 2026 targets compliance, not new crypto taxes, on May 25. The bill requires Virtual Asset Service Providers to submit annual activity reports directly to the KRA. KPMG warns that web3 platforms face higher operational costs under the new reporting obligations. Kenya’s new framework allows authorities to share [...] The post Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026 appeared first on Blockonomi.

SBI VC Trade will give 1,000 yen in XRP to 333 in-person Tokyo seminar attendees as SBI expands Japan’s crypto investor outreach.

Bitcoin price has fallen toward the $73,000 region after a wave of ETF outflows, derivatives pressure, and long liquidations triggered fresh panic across the crypto market. According to crypto.news price data, Bitcoin (BTC) price dropped more than 4% over the…

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Aave Labs subsidiaries Push Labs Limited and Push Virtual Assets Limited have received approval from the UK Financial Conduct Authority to operate as registered cryptoasset exchange providers in the country. According to an announcement shared with crypto.news, the registrations add…

Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.

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The Bank for International Settlements' collaboration with seven central banks and more than 40 institutions concludes a two-year project with a prototype settling wholesale payments in seconds.

Google's AI Threat Defense could redefine cybersecurity by automating threat management, but risks of autonomous errors may challenge trust. The post Google Cloud unveils AI Threat Defense platform to combat AI cyberattacks appeared first on Crypto Briefing.

Hedge funds' dominance in electronic gilts trading could heighten market volatility and liquidity risks, especially during financial stress events. The post Hedge funds control over half of electronic gilts trading, Tradeweb reports appeared first on Crypto Briefing.

TLDR: DeepSeek V4’s 2-bit quantized version runs within 90 GB of VRAM, making local AI more accessible on consumer hardware. Apple hardware delivers 35 tokens per second on DeepSeek V4, while AMD trails significantly at only 7 tokens per second. Buterin says ZK-based infrastructure supports both paid remote LLM calls and private Ethereum RPC reads [...] The post Vitalik Buterin Links DeepSeek V4 Local AI Advances to Ethereum Privacy Infrastructure appeared first on Blockonomi.

Charles Hoskinson criticized a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets holding an estimated 3.7M BTC.

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Attackers drained an estimated $200,000 from DeFi liquidity pools on Ethereum — specifically Uniswap V3 — after exploiting weaknesses in the WUSD.fi and GLOVE incentive system, according to security researchers at ExVul. The attackers cycled funds through multiple wallets to repeatedly farm rewards, taking advantage of flaws baked into the protocol’s incentive structure. Related Reading: […]

Dell (DELL) stock climbed 4% pre-market after winning a $9.7B Pentagon software contract. Q1 FY27 earnings expected to show 91% EPS growth. The post Dell (DELL) Stock Surges 4% Following Massive $9.7B Defense Department Contract appeared first on Blockonomi.

Rising oil prices and military tensions could exacerbate global inflation, complicate diplomatic efforts, and destabilize financial markets. The post Oil prices rise as US and Iran exchange strikes, putting peace deal in doubt appeared first on Crypto Briefing.

Wix's job cuts highlight the disruptive impact of AI on traditional roles, prompting a reevaluation of workforce strategies and economic models. The post Wix cuts 1,000 jobs, about 20% of workforce, as AI reshapes the website builder appeared first on Crypto Briefing.

The case highlights increasing regulatory scrutiny on prediction markets, potentially leading to stricter compliance measures and enforcement. The post Google engineer charged with insider trading on Polymarket for $1.2M appeared first on Crypto Briefing.

Elon Musk clarifies SpaceX's computing deal with Anthropic is a 180-day lease with exit clauses, not a multi-year contract, as the company prepares for IPO. The post Musk Reveals SpaceX-Anthropic Computing Agreement Is Short-Term Lease, Not Multi-Year Deal appeared first on Blockonomi.

Wix's job cuts highlight the disruptive impact of AI on traditional roles, prompting a reevaluation of workforce strategies and economic models. The post Wix cuts 1,000 jobs, about 20% of workforce, as AI reshapes the company from the inside appeared first on Crypto Briefing.

Nvidia's strategic focus on South Korea strengthens its semiconductor supply chain, enhancing AI capabilities and ensuring stable growth. The post Nvidia CEO Jensen Huang to visit South Korea next week appeared first on Crypto Briefing.

Drone stocks surge as Trump administration considers Pentagon funding deals. Red Cat, Unusual Machines, and Kratos among companies benefiting from defense push. The post Trump Administration Weighs Pentagon Loans for U.S. Drone Manufacturers as Defense Stocks Rally appeared first on Blockonomi.

Oil prices surge over 2.5% after U.S.-Iran military exchange. Brent hits $96.74, WTI reaches $90.95 as Strait of Hormuz remains closed to shipping. The post Crude Oil Prices Jump 2.5% Following Fresh U.S.-Iran Military Strikes appeared first on Blockonomi.

Marvell (MRVL) stock fell 2.6% premarket despite beating Q1 revenue estimates and raising guidance. Goldman Sachs lifted price target to $180. The post Marvell (MRVL) Stock Slides After Strong Q1 Results and Raised Guidance appeared first on Blockonomi.

UMAC stock jumped 9% after partner Powerus secured Phase II selection in the Pentagon's $1B Drone Dominance Program. Details on valuation and risks inside. The post Unusual Machines (UMAC) Stock Surges 9% as Pentagon Selects Partner for Billion-Dollar Drone Initiative appeared first on Blockonomi.

CFTC files motion to reverse Gemini's $5M penalty after discovering credibility issues with evidence in the crypto enforcement case from 2022. The post CFTC Moves to Overturn $5 Million Gemini Penalty Following Internal Investigation appeared first on Blockonomi.

ServiceNow (NOW) stock analysis: Q1 earnings meet expectations with 22% revenue growth, institutional buying surges, and analyst targets remain elevated. The post ServiceNow (NOW) Stock Analysis: Evaluating the Investment Opportunity appeared first on Blockonomi.

Samsung units will buy a 4% stake in Upbit parent Dunamu for $408M as Korean banks and tech firms prepare for new digital asset rules ahead.

Geopolitical tensions heighten market volatility, challenging crypto's safe-haven status and complicating diplomatic resolutions. The post US strikes Iranian targets as peace deal remains elusive, crypto markets reel appeared first on Crypto Briefing.

Chinese company U Power, through its joint venture Hydro Data JV, will develop an integrated energy solution for a 100 MW data center in Thailand's Rayong province. The project partners include infrastructure developer CEWA Group and hydrogen systems manufacturer Jiangsu Guofu Hydrogen Energy Equipment. The initiative will begin with a pilot data center with a capacity of 3 MW. This phase is necessary to verify the technological efficiency and economic model before full-scale expansion. Hydro Data JV is responsible for the integration and management of the energy system using AI. Guofu Hydrogen Energy will supply and service the generation equipment. CEWA provides local infrastructure. U Power plans to register a subsidiary in Thailand by the end of July, with operational launch within 90 days thereafter. The enterprise was established in April in collaboration with Jiangsu Guofu Hydrogen Energy Equipment and Cloud Digital Chain Limited. The company aims to profit from the design, supply, installation, operation, and energy management. The system is expected to provide both primary and backup power to the data center. The project enters a rapidly growing market. In early May, the Thailand Board of Investment approved six major initiatives worth 958 billion baht (~$29 billion). Three of these involve data centers and hosting, totaling 913 billion baht (~$27 billion). These include the expansion of TikTok's infrastructure, a 200 MW data center by DAMAC Group, and a 134 MW project by Bridge Data Centres. Back in March, journalists from The Economist predicted an era of space-based data centers.

TLDR: Ethereum dropped below the $2,000 psychological level, raising fresh concerns about its short-term price outlook. Santiment reports retail traders are responding with “buy the dip” calls, a historically less common reaction to sharp drops. Analyst Ted warns that a daily close below $2,050 could push ETH toward deeper targets at $1,850 and $1,700. Market [...] The post Ethereum Drops Below $2,000: Is the Bottom In or Is More Pain Ahead? appeared first on Blockonomi.

Data shows the Bitcoin Fear & Greed Index has slipped back into the extreme fear territory following the latest retrace in the asset’s price. Bitcoin Fear & Greed Index Is Signaling Extreme Fear Again The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among investors in […]

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With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]

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Geopolitical tensions heighten market volatility, challenging crypto's safe-haven status and complicating diplomatic resolutions. The post US strikes Iranian targets as peace deal remains elusive, Bitcoin drops below $73K appeared first on Crypto Briefing.

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AI infrastructure bottlenecks could hinder tech industry growth and innovation, necessitating strategic investments and diversification efforts. The post Wiwynn warns of AI infrastructure bottlenecks, expects shortages through 2028 appeared first on Crypto Briefing.

BlackRock’s iShares Bitcoin Trust (IBIT) suffered a record-breaking $527.84 million outflow on May 27.

Bit Digital extends a $100M WhiteFiber loan using an Ethereum credit line to fund AI growth while retaining ETH exposure and earning spread.

Geopolitical tensions underscore the vulnerability of crypto markets, highlighting the risks of leverage amid unpredictable global events. The post Iran’s IRGC strikes US airbase in retaliation, raising crypto market volatility concerns appeared first on Crypto Briefing.

Huang's role may influence US-China tech relations, impacting global semiconductor strategies amid ongoing geopolitical tensions. The post Nvidia CEO Jensen Huang joins advisory board of Tsinghua University amid US-China chip tensions appeared first on Crypto Briefing.

Mistral AI's expansion underscores Europe's strategic push for AI independence, potentially reshaping global tech dynamics and sovereignty. The post Mistral AI explores custom chip designs, announces new data center in France appeared first on Crypto Briefing.

James Wynn has faced fresh backlash across crypto social media after blockchain investigators linked him to a newly launched token that allegedly ended in a rug pull worth only 3.2 SOL, or roughly $260. According to on-chain analytics platform Lookonchain,…

The US Gov't might be dumping altcoins, Pi Network announced a critical upgrade, and more in this week's recap.

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Streamlining the SDN list reduces compliance costs and operational friction, signaling a shift towards more dynamic sanctions management. The post US Treasury erases 80 outdated names from sanctions blacklist appeared first on Crypto Briefing.

The EU's substantial loan to Ukraine underscores geopolitical alliances, potentially stabilizing Ukraine's economy while influencing EU-Russia dynamics. The post Ukraine’s parliament to vote on ratification of €90B EU loan appeared first on Crypto Briefing.

Geopolitical tensions underscore the vulnerability of crypto markets, highlighting the risks of leverage amid unpredictable global events. The post IRGC targets US base in retaliation for Bandar Abbas strikes, triggering $200M in crypto liquidations appeared first on Crypto Briefing.

Huang's role may influence US-China tech relations, impacting global semiconductor strategies amid ongoing geopolitical tensions. The post Nvidia CEO Jensen Huang joins advisory board of Tsinghua University appeared first on Crypto Briefing.

Mistral AI's expansion underscores Europe's strategic push for AI independence, potentially reshaping global tech dynamics and sovereignty. The post Mistral AI announces new data center in France, explores custom chip designs appeared first on Crypto Briefing.

AtlasEdge's strategic focus on secondary markets and sustainable investments could reshape Europe's AI infrastructure landscape amid regulatory constraints. The post AtlasEdge secures over €1.2B for AI infrastructure rollout across Europe appeared first on Crypto Briefing.

Investor retreat from debasement trades signals shifting confidence in traditional and digital hedges, impacting market dynamics and asset strategies. The post Bitcoin ETFs and gold see outflows as investors retreat from the debasement trade appeared first on Crypto Briefing.

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Centralizing the CFPB may weaken its oversight, potentially leading to increased state-level regulation and a fragmented compliance landscape. The post CFPB orders all staff back to Washington as Trump administration tightens grip on consumer watchdog appeared first on Crypto Briefing.

Bit Digital's strategy highlights the potential for crypto assets to diversify revenue streams but also underscores risks tied to market volatility. The post Bit Digital extends $100M loan facility to WhiteFiber backed by Ethereum credit line appeared first on Crypto Briefing.

Ethereum trades near $1,986 after falling below $2,000, as weak outflows, rising failed transactions, and low RSI keep ETH under pressure.

Kraken exchange has launched a non-custodial product, Earn BTC Vault, offering a 2.5% annual yield for Bitcoin holders. Within the first 10 hours, the service attracted approximately $30 million from 4,000 unique wallets. The income is generated through conversion into kBTC and deploying funds on DeFi platforms like Aave, Morpho, and Tydro.

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Red Cat Holdings (RCAT) stock rose 9% after H.C. Wainwright initiated coverage with a Buy rating and $20 target, implying 100% upside for the drone maker. The post Red Cat Holdings (RCAT) Stock Surges 9% Following Bullish Analyst Debut with 100% Upside Target appeared first on Blockonomi.

Kraken debuts Bitcoin Vault, offering up to 2.5% annual BTC rewards through managed DeFi strategies. Product surpasses $30M in deposits within hours. The post Kraken Unveils New Bitcoin Vault Offering 2.5% Annual BTC Returns appeared first on Blockonomi.

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The restoration of missile sites in Iran signals escalating regional tensions, potentially impacting geopolitical stability and airspace security. The post Iran restores missile sites after US-Israel strikes, tensions rise appeared first on Crypto Briefing.

Ondas (ONDS) stock jumped 10.54% to $10.80 on strong Q1 earnings and the Omnisys AI defense acquisition ahead of its Thursday shareholder meeting. The post Ondas Holdings (ONDS) Stock Surges 10% Amid Defense AI Acquisition Excitement appeared first on Blockonomi.

Banca Sella has completed its notification process with the Bank of Italy, clearing the way for it to offer crypto custody and transfer services. The bank plans to launch the services in 2026 for selected customer groups. Bank of Italy Clears Banca Sella for Crypto Services Launch in 2026 Banca Sella is preparing to become […]

Streamlining the SDN list reduces compliance costs and operational friction, signaling a shift towards more dynamic sanctions management. The post US Treasury erases 80 outdated names from sanctions blacklist appeared first on Crypto Briefing.

The ECB's digital euro strategy could reshape global financial dynamics, challenging USD dominance and enhancing eurozone monetary sovereignty. The post European Central Bank outlines strategy to modernize central bank money with digital euro appeared first on Crypto Briefing.

Astrotech (ASTC) stock exploded 500% Wednesday following board approval of a lunar resource strategy targeting materials for quantum computing supply chains. The post Astrotech (ASTC) Stock Explodes 500% on Lunar Mining Strategy for Quantum Computing appeared first on Blockonomi.

The U.S. Commodity Futures Trading Commission (CFTC) approached the federal court of the Southern District of New York to request the annulment of a settlement with the crypto exchange Gemini regarding a 2022 case. The regulator acknowledged the lawsuit's lack of merit. The CFTC stated that the methods of the agency's previous leadership were "inappropriate." The matter concerns the settlement of a dispute in January 2025, when Gemini agreed to pay a $5 million fine to close claims related to providing inaccurate information during the launch of Bitcoin futures in 2017. In a joint memorandum, the CFTC and Gemini questioned the validity of the investigation. According to the document, after an internal review, the agency concluded that under current enforcement standards, the case would not have arisen. The regulator listed several violations: reliance on an unreliable informant; concealment of part of the evidence from one of the commissioners before voting on the lawsuit; lack of critically important evidence of the exchange's guilt; use of supervisory powers as a leverage tool. The commission determined that Gemini itself was a victim of fraud. The parties are asking the court to annul the remaining prohibitions and obligations. In January 2026, the U.S. Securities and Exchange Commission withdrew its lawsuit against Gemini. In March, the Federal Court of the Southern District of New York dismissed a class-action lawsuit against Uniswap and its founder Hayden Adams. The proceedings had been ongoing since 2022.

Bitcoin trades near $73,257 as exchange reserves hit 2019 lows, while weak SOPR, RSI, and MACD readings keep market momentum under pressure.

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Nebius (NBIS) stock surged 12% after hours as Leopold Aschenbrenner's AI-focused fund disclosed a $2.86 billion stake in the neocloud infrastructure company. The post Nebius (NBIS) Stock Soars 12% on $2.86 Billion Investment from AI-Focused Fund appeared first on Blockonomi.

Former Ripple CTO David Schwartz makes a rare statement about a theoretical XRP staking architecture designed to establish a tax-defensible framework against IRS overreach.

The case highlights growing regulatory scrutiny on prediction markets, raising questions about data security and market manipulation risks. The post US charges Google engineer with insider trading on Polymarket over search trend bets appeared first on Crypto Briefing.

Snowflake (SNOW) stock rocketed 34% after hours following a Q1 earnings beat, raised guidance, and $6B Amazon AWS infrastructure deal announcement. The post Snowflake (SNOW) Stock Soars 34% on Earnings Beat and Massive Amazon Partnership appeared first on Blockonomi.

The crypto market remained under pressure on Thursday as renewed military tensions between the United States and Iran triggered another sharp wave of liquidations and ETF outflows. According to data from CoinGecko, the total cryptocurrency market capitalization fell roughly 4%…

Salesforce (CRM) stock declined ~2% after hours despite Q1 earnings beat, as Q2 revenue forecast missed targets and key performance metrics disappointed. The post Salesforce (CRM) Stock Drops Despite Strong Q1 Earnings as Forward Guidance Disappoints appeared first on Blockonomi.

The rise in compliance among crypto firms by 2026 signals a maturing industry, yet gaps with traditional finance highlight ongoing challenges. The post Chainalysis reports 47% of crypto firms meet strict compliance standards in 2026 appeared first on Crypto Briefing.

Around 47% of crypto organizations onboarded in 2026 are operating at alerting standards that would have ranked among the industry’s strictest five years ago.

The escalation in military actions heightens geopolitical tensions, impacting global oil markets and influencing central bank policies. The post Iran targets US airbase after Trump dismisses Hormuz deal report appeared first on Crypto Briefing.

Cardone Capital acquired 130 Bitcoin worth ~$10M during a market dip, adding to its $100M BTC holdings combined with $235M in real estate investments. The post Grant Cardone Scoops Up More Bitcoin During Market Dip — His Strategy Explained appeared first on Blockonomi.

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Mastercard has secured a BitLicense from New York's NYDFS, enabling the payments giant to expand stablecoin and tokenized deposit services in the state. The post Mastercard Secures New York BitLicense to Accelerate Digital Asset Expansion appeared first on Blockonomi.

Bitcoin's price crashed below $73,000 today - here are two of the possible reasons why.

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Bitmine Immersion Technologies has staked roughly $4.7 million worth of Ether from its holdings, with the company projecting annualized staking revenues of $276 million — a yield strategy that sets it apart from firms that simply hold crypto on their books. Related Reading: Crypto PACs Flex Political Muscle In High-Stakes Texas Runoffs The Staking Angle […]

Geopolitical tensions highlight vulnerabilities in global markets, impacting oil and crypto, while boosting interest in decentralized finance. The post Oil prices surge over 2% as Iran and US trade air strikes, sending shockwaves through crypto markets appeared first on Crypto Briefing.

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The shift in investment strategies by global family offices may signal a long-term trend towards diversification and reduced US market reliance. The post UBS family office clients are quietly pulling money out of US markets appeared first on Crypto Briefing.

The cryptocurrency industry is unprepared for the transition to post-quantum cryptography, despite advancements in such computations, according to developers at Quantus. The project team released a study titled "The State of Quantum: What Crypto Can’t Afford to Ignore," reviewed by ForkLog. It states that wallets, exchanges, custodians, validators, bridges, and governance systems are at risk. Source: ForkLog. A significant portion of the market still relies on classical signature schemes—ECDSA and Ed25519. Theoretically, Shor's algorithm would enable quantum computers to breach such systems once they achieve sufficient power. In August 2024, NIST finalized the first post-quantum cryptography standards—ML-KEM and ML-DSA. These are positioned as a response to the impending collapse of the classical approach. Blockchains More Complex Than Traditional IT Experts at Quantus assert that the crypto market faces stricter constraints than conventional IT infrastructure. In centralized services, cryptography can be updated via a patch. In blockchains, user fund storage, distributed governance, and public keys can remain on the network for years. The report mentions a "harvest now, decrypt later" scenario: data is collected today to decrypt later when sufficiently powerful quantum machines become available. Quantus CEO and CTO Christopher Smith stated that the industry will not have a "clear alarm signal" before the hypothetical Q-Day. "The crypto market needs to build infrastructure in advance, not under pressure," he said. There is currently no timeline for the emergence of quantum computers capable of breaking modern schemes. In May, IBM Quantum's global sales director Petra Florisun stated that quantum computing is moving beyond laboratory experiments and beginning to be applied to real-world tasks. Impact on Bitcoin A separate section of the study is devoted to Bitcoin. Quantus claims that a standard transaction of the first cryptocurrency with ECDSA uses about 97 bytes for the signature and public key. The ML-DSA-87-based variant increases the size to approximately 7187 bytes. A direct transition to post-quantum signatures without changes to the network architecture, according to the authors, would drastically reduce the number of transactions per block. The report also mentions BIP-360—a proposal for migrating the Bitcoin blockchain to quantum protection. The document describes the Pay-to-Merkle-Root format as a step to mitigate key exposure risks. The authors of BIP-360 noted that the proposal does not address all issues. Questions remain about wallet compatibility, block space load, and the fate of old addresses. Quantus' Own Solution The project claims that post-quantum cryptography forms a new version of the "blockchain trilemma": large signatures impact scalability, and privacy adds additional costs. Quantus suggests offloading part of the burden outside the main chain through ZK mechanisms. The document mentions Wormhole Addresses, Plonky2, STARK-like proof aggregation, and Poseidon2. IT Giants Already Moving The report provides examples of major tech companies transitioning to post-quantum protection: Signal with the PQXDH protocol; Google with the hybrid X25519Kyber768 in Chrome; Apple with the PQ3 system for iMessage. Quantus concludes that mass consumer services have begun preparing for the post-quantum era ahead of much of the crypto market. In April, Lightning Labs' CTO Olaoluwa Osuntokun introduced a prototype tool for protecting Bitcoin wallets from potential quantum attacks.

US sanctions on Iran's Strait of Hormuz authority heighten geopolitical risks, potentially destabilizing global energy markets and diplomacy. The post US sanctions Iran’s Strait of Hormuz authority amid rising tensions appeared first on Crypto Briefing.

A new quantum computing report has warned that the cryptocurrency industry may be running out of time to prepare for cryptographic attacks that could eventually threaten more than $2 trillion in digital assets. According to “The State of Quantum” from…

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Hyperliquid’s Bold Path Forward: Why It Could Emerge as a The world of decentralized finance keeps moving fast. One project catching attention is Hyperliquid. It stands out with its focus on perpetual futures trading and a custom blockchain built for […] The post Hyperliquid’s Bold Path Forward: Why It Could Emerge as a DeFi Trading Giant appeared first on Blockmanity.

The price of the leading cryptocurrency fell to $72,804, marking its lowest level since mid-April. The market reacted to news of new U.S. strikes on Iranian military sites. Hourly chart of BTC/USDT on Binance. Source: TradingView. At the time of writing, the coin's price had recovered to $73,013. The second-largest cryptocurrency by market capitalization fell by 4.7% over the day and is trading at $1,984. Hourly chart of ETH/USDT on Binance. Source: TradingView. Over the past day, the total market capitalization of digital assets shrank by approximately $80 billion. The volume of forced liquidations reached $932.42 million. Source: CoinGlass. The cryptocurrency sentiment index dropped to 22 points, entering the extreme fear zone. Source: Alternative Bitcoin at $70,000 Michael Kramer, founder of Mott Capital Management, warned of a possible decline in the leading cryptocurrency's price to $70,000. He stated that the market would be pressured by a significant withdrawal of liquidity from the U.S. financial system.  Between May 28 and June 4, the U.S. Treasury will conduct a series of debt settlements totaling approximately $150 billion.  Kramer noted that Bitcoin often serves as a leading indicator of liquidity. When the department sells securities, funds move from the banking system to Treasury accounts at the Fed, reducing the amount of capital available for risky assets. Impact of Macroeconomic Data Nick Ruck, Director of Research at LVRG Research, commented to Cointelegraph that investors are pricing in geopolitical risks and potential disruptions in oil supplies.  According to him, during periods of uncertainty, Bitcoin and Ethereum continue to behave as high-risk assets. Traders are currently concerned about the escalation of the conflict, which could impact inflation and Fed policy. The negative trend is exacerbated by declining liquidity and forced closure of margin positions.  Amid the escalation of the Middle East conflict, energy prices have risen: WTI crude oil exceeded $92 per barrel, while Brent rose to $98.  On May 25, the price of the leading cryptocurrency rose above $77,000 amid falling oil prices.

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Bitcoin plunged below $73K as U.S. airstrikes on Iran triggered $958M in crypto liquidations and sent stock futures tumbling across global markets. The post Markets Tumble as U.S.-Iran Tensions Trigger $958M Crypto Wipeout appeared first on Blockonomi.

The altcoin market is showing signs of activity after months of selling pressure and uncertainty that have left most participants either exhausted or disengaged. The broader environment remains difficult — but CryptoQuant data has identified a behavioral divergence beneath the surface that suggests not everyone has given up on the altcoin sector, and the participants […]

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Financial analyst and Stansberry Research founder Porter Stansberry has told Anthony Pompliano that the U.S. is heading toward a sweeping monetary reset by 2029, pointing to Social Security’s structural collapse, accelerating dollar debasement, and more. Stansberry’s Case for a 2029 Financial Reckoning Stansberry’s thesis is rooted in what he calls the “Fourth Turning,” a generational […]

Cash App now supports fee-free USDC stablecoin transfers on Solana, Ethereum, Polygon & Arbitrum—a major shift for Jack Dorsey's Bitcoin-focused company. The post Cash App Rolls Out USDC Stablecoin Support Across Four Major Blockchains appeared first on Blockonomi.

Nakamoto (NAKA) stock crashes to $4.70 all-time low after reverse split. Down 67% YTD and 99% from peak. Analysis of the decline and investor outlook. The post Nakamoto (NAKA) Stock Plunges to Record Low After 1-for-40 Reverse Split appeared first on Blockonomi.

Kraken's Bitcoin Vault offers 2.5% annual yield through DeFi lending protocols. The product attracted $30M in deposits within 10 hours of launch. The post Kraken Introduces Bitcoin Vault Yielding 2.5% APY Through DeFi Integration appeared first on Blockonomi.

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United Texas Bank receives OCC national charter, processing $120B annually in crypto transactions and launching AI-driven 24/7 payments network UTB Atomic. The post Dallas-Based United Texas Bank Obtains National Charter to Compete With Major Banks in Crypto appeared first on Blockonomi.

Escalating US-Iran tensions threaten global oil supply stability, potentially driving inflation and impacting monetary policy and risk assets. The post US and Iran exchange strikes as Hormuz deal hopes fade, Bitcoin drops below $73K appeared first on Crypto Briefing.

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U.S. authorities have charged a Google software engineer with insider trading tied to prediction markets, as federal regulators continue tightening scrutiny around Polymarket and other event-based trading platforms. According to the U.S. Department of Justice, Google employee Michele Spagnuolo allegedly…

Chainalysis says 47% of 2026 crypto entrants match 2020’s strictest alerting standards, but indirect monitoring gaps still remain for firms.

Escalating US-Iran tensions threaten global oil supply stability, potentially driving inflation and impacting monetary policy and risk assets. The post US and Iran exchange strikes as Hormuz deal hopes fade appeared first on Crypto Briefing.

XRP's price drop and breached support levels may erode investor confidence, potentially hindering its ability to reach future price targets. The post XRP drops 4% below $1.3 amid heavy selling, $1.1 support in focus appeared first on Crypto Briefing.

The escalation risks disrupting global oil supply, heightening geopolitical tensions, and impacting financial markets, especially oil and crypto. The post Iran’s Revolutionary Guards strike US airbase after American attack near Bandar Abbas appeared first on Crypto Briefing.

Centralizing software procurement enhances military efficiency and IT modernization, but execution risks could impact Dell's reputation and operations. The post Pentagon awards Microsoft $9.7B deal to consolidate software licenses across military branches appeared first on Crypto Briefing.

The CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.