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Shinhan Financial Group, KB Financial Group and Toss were among financial firms that held a private meeting to discuss changes in the digital-asset market and ways to respond to legislation on won-denominated stablecoins. The move underscores how the
Hedge funds bought US stocks at the fastest pace in six months last week, as expectations for AI infrastructure spending and strong corporate earnings helped keep equities on a different path from crypto markets. Odaily, a crypto-focused media outlet
Bitcoin’s volatility has fallen to a multiyear low, prompting analysis that a strong directional move may be close. The market appears to be cooling rather than overheating, with Bitcoin’s ability to reclaim its 200-day moving average seen as the key
Bitcoin entered June's first trading stretch facing pressure from Middle East tensions and crowded long positioning. Traders are watching a liquidity zone near $72,000, while upcoming US jobs data may shape the token's near-term direction. Cointelegr
OpenAI has outlined a long-term vision in which everyone has a personal robot. The company is turning its push to extend generative artificial intelligence beyond software and into the physical world into a concrete effort through robotics hiring. On
The US bond market is tightening financial conditions even without an additional interest-rate increase from the Federal Reserve, Bitunix said in an analysis. Energy risks stemming from the Middle East, inflation pressure and questions about institut
AhnLab Blockchain Company, or ABC, has entered the digital-asset custody market with the launch of a wallet-based service for corporate and institutional clients that combines asset storage, permission management and transaction monitoring. ABC said
Iran's Foreign Ministry said a US strike on Iran breached a ceasefire agreement, raising concern that tensions in the Middle East could flare again. Odaily, a cryptocurrency-focused media outlet, reported on June 1 that Foreign Ministry spokesperson
Bitcoin has entered June, a month when returns have historically weakened, according to an analysis by BIT. Some market analysts, however, say the token could still carve out a short-term bottom if key catalysts align despite seasonal pressure. BIT,
Citi projects the market for tokenized securities could grow to $5.5 trillion by 2030, with major Wall Street infrastructure firms and the expanding stablecoin market serving as key drivers of real-world asset tokenization. CoinDesk reported on June
Bitcoin briefly gave up the $73,000 level. As of 3:30 p.m., Bitcoin was trading at $73,154 on Binance's USDT market, down 1.17% from a day earlier. On Upbit, it was quoted at 107.47 million won. The kimchi premium for major cryptocurrencies, includin
BitMEX co-founder Arthur Hayes has proposed a public wager on Hyperliquid's HYPE and its returns through year-end. The challenge comes as the altcoin market debates whether high-growth tokens can outperform larger cryptocurrencies. On June 1, Hayes w
Binance, the global cryptocurrency exchange, will launch trading in the SLXUSDT perpetual futures contract at 4:30 p.m. Korea Standard Time on June 1, according to a notice posted by the exchange. The contract offers leverage of up to 20x. The underl
Arca’s chief investment officer raised concerns over Strategy’s capital structure, saying the company and its investors are both under pressure as Bitcoin prices fall and preferred-stock dividend obligations mount. Wu Blockchain reported on May 29 th
Bitcoin and other major cryptocurrencies failed to stage a meaningful rebound even as global stocks climbed to record highs and oil prices fell. Market participants say the next catalyst for gains could come from clearer US regulation rather than eas
Blockchain security firm SlowMist said an exploit targeting a vulnerability in the ONTR token contract caused about $98,315 in losses. On May 29, SlowMist wrote in a post on X that the attack exploited an access-control flaw in the ONTR token contrac
U.S. spot Ether exchange-traded funds recorded net outflows of $121.32 million in a single day. Trader T wrote on X on May 29 that U.S. spot Ether ETFs saw total net outflows of $121.32 million on May 28. BlackRock’s iShares Ethereum Trust (ETHA) led
US spot Bitcoin exchange-traded funds recorded $223.3 million in net outflows in one day. Trader T wrote on X on May 29 that US spot Bitcoin ETFs saw total net outflows of $223.3 million as of May 28. BlackRock's iShares Bitcoin Trust (IBIT) posted t
The U.S. Securities and Exchange Commission has approved Paxos’s registration as a blockchain-based clearing agency, marking a further convergence of traditional finance and blockchain infrastructure. The decision could broaden the use of digital-ass
Bitcoin supply held by long-term investors has reached a record high, but that does not necessarily point to strong accumulation, according to a market analysis. Instead, weakening demand from new buyers appears to be pushing existing holdings into t
Ethereum treasury firm FG Nexus has deposited 5,000 Ether with Galaxy Digital. On-chain analytics account Onchain Lens wrote on X on May 29 that FG Nexus transferred 5,000 ETH, worth $10.06 million, to Galaxy Digital. FG Nexus still holds 16,354 ETH,
Strategy said it will continue buying Bitcoin. Cointelegraph reported on May 29 that Chief Executive Officer Phong Le said the company would keep purchasing Bitcoin and views the current price as attractive. Strategy is known as the world's largest c
US Treasury Secretary Scott Bessent urged Congress to quickly pass the Clarity Act, a digital-asset market structure bill. He also reaffirmed his opposition to a central bank digital currency, or CBDC. Bessent told Bitcoin Magazine on May 29 that the
Bitcoin has reentered a risk-off phase, crypto analytics firm Swissblock said. As risk indicators move deeper into high-risk territory, Tether's USDT dominance is rebounding, reinforcing signs of a defensive flow of capital. In a post on X on May 29,
Keyinside, the developer of blockchain-based points integration platform MiL.k, has filed a patent application for a stablecoin payment model. News1 reported on May 29 that the payment solution developed by Keyinside is structured so it does not depe
Strategy, the company led by Michael Saylor, moved 411.48 Bitcoin to Coinbase Prime, according to on-chain data. The transfer has drawn attention over the possibility of a sale. Lookonchain, an on-chain analytics platform, said on May 29 that Strateg
Jeff Sprecher, chief executive officer of Intercontinental Exchange, the parent of the New York Stock Exchange, said decentralized derivatives exchange Hyperliquid is already bigger than Nasdaq. Crypto media outlet Odaily reported on May 29 that Fran
Coinbase has expanded its global crypto compliance network, TRUST, and launched a new platform, TRUSThub, to help virtual asset service providers, or VASPs, align information-sharing standards as countries implement Travel Rule requirements. Crypto m
Bitcoin remained under pressure as military tensions between the US and Iran flared again despite hopes for an end to the war, while war-driven inflation concerns and interest-rate uncertainty added to the strain. Analysts said the near-term outlook