Crypto Industry News & Market Trends

Digital Chamber Pushes Senate to End Gridlock with CLARITY Act

Clarity Act News: The Digital Chamber, a crypto advocacy organization with over 250 members, has escalated a coordinated lobbying campaign urging the U.S. Senate to pass the Digital Asset Market Clarity Act (CLARITY Act), formally numbered H.R. 3633, framing the bill as the industrys last realistic legislative window for federal market structure rules before Congress adjourns for its summer recess.　　The campaign, which now encompasses more than 100 crypto firms alongside parallel tracks run by the Crypto Council for Innovation and the Blockchain Association, follows the Senate Banking Committees 15-9 bipartisan advancement of H.R. 3633 on May 14, 2026.　　Digital Chamber CEO Cody Carbone has publicly stated that the ethics provisions still embedded in the bill will be resolved before Senate leadership schedules a floor vote.　　This is not simply a routine instance of crypto lobbying pressing Congress for favorable treatment. It is a precisely timed institutional intervention designed to close the procedural gap between committee advancement and floor scheduling, the specific window in which bills with bipartisan momentum most frequently stall under filibuster arithmetic, competing calendar priorities, and coordinated opposition, while simultaneously creating a legislative record that reframes the industrys central grievance: a decade of regulation by enforcement conducted through agency action

05-30Industry

Paxos Wins SEC Clearing Agency Registration

Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency.　　Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement services as a central securities depository in the US.　　The approval represents a “critical piece of financial market infrastructure” as blockchain technology and traditional capital markets continue to converge, the company added.　　Clearing agencies ensure securities trades are executed cleanly. Stock buyers and sellers do not trade directly and need clearing and settlement providers that verify the trade, match the buyer and seller, and then ensure the actual exchange of money and securities happens correctly.　　A registered, SEC-approved blockchain clearinghouse removes barriers for banks and brokerages to build crypto-based infrastructure.　　In October 2019, the SEC issued a no-action letter allowing Paxos to pilot a blockchain-based settlement service for US equities, and the service launched in February 2020.　　Paxos said the pilot demonstrated that blockchain-based post-trade infrastructure could deliver same-day settlement, reduce costs and improve operational efficiency within a fully regulated framework.　　“Our clearing agency registration is the result of seven years of

05-30Industry

Michael Saylor’s Strategy Faces Fresh Questions After $30M BTC Move

The same market showed lower but rising odds for shorter timelines. Traders placed a smaller probability on a sale by May 31, 2026, while the June 30, 2026, contract moved much higher. That structure shows that users expect a possible sale over time rather than an immediate disposal.　　Meanwhile, Strategy recently used about $1.5 billion to repurchase outstanding convertible notes at a discount. That move marked a pause from its usual Bitcoin accumulation pace and added questions about how the company will manage future obligations.　　Related: CryptoQuant Warns Record BTC Holder Supply May Be Hiding Market Weakness　　Saylor has previously said that Strategy could sell some Bitcoin to pay a dividend. During a recent earnings call, he said the company may sell part of its holdings to show the market it can do so if needed.　　That comment followed years of strong public messaging around long-term Bitcoin accumulation. In February, Saylor told CNBC that Strategy would keep buying Bitcoin every quarter forever. The change in tone has made recent wallet activity more sensitive for traders.　　Additionally, Strategy reported a record quarterly net loss of $12.54 billion, adding pressure on discussions about funding, dividends, and preferred securities.　　The debate over Strategy‘s market influence also continues. Some critics

05-30Industry

Digital Chamber Pushes Senate to End Gridlock with CLARITY Act

Clarity Act News: The Digital Chamber, a crypto advocacy organization with over 250 members, has escalated a coordinated lobbying campaign urging the U.S. Senate to pass the Digital Asset Market Clarity Act (CLARITY Act), formally numbered H.R. 3633, framing the bill as the industrys last realistic legislative window for federal market structure rules before Congress adjourns for its summer recess.　　The campaign, which now encompasses more than 100 crypto firms alongside parallel tracks run by the Crypto Council for Innovation and the Blockchain Association, follows the Senate Banking Committees 15-9 bipartisan advancement of H.R. 3633 on May 14, 2026.　　Digital Chamber CEO Cody Carbone has publicly stated that the ethics provisions still embedded in the bill will be resolved before Senate leadership schedules a floor vote.　　This is not simply a routine instance of crypto lobbying pressing Congress for favorable treatment. It is a precisely timed institutional intervention designed to close the procedural gap between committee advancement and floor scheduling, the specific window in which bills with bipartisan momentum most frequently stall under filibuster arithmetic, competing calendar priorities, and coordinated opposition, while simultaneously creating a legislative record that reframes the industrys central grievance: a decade of regulation by enforcement conducted through agency action

05-30Industry

Jito is Predicted to Drop to $0.408483 By Jun 04, 2026

Jito is up 5.91% today against the US DollarJTO/BTC increased by 5.68% todayJTO/ETH increased by 5.18% todayJito is currently trading 34.00% above our prediction on Jun 04, 2026Jito gained 56.73% in the last month and is down -67.97% since 1 year agoJito price$ 0.547377Jito prediction$ 0.408483SentimentFear & Greed indexKey support levels$ 0.479037, $ 0.439928, $ 0.409962Key resistance levels$ 0.548112, $ 0.578079, $ 0.617187　　JTO price is expected to drop by -22.99% in the next 5 days according to our Jito price prediction　　Jito price today is trading at $ 0.547377 after gaining 5.91% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 8.21% in the same time period. JTO performed well against BTC today and recorded a 5.68% gain against the worlds largest cryptocurrency.　　According to our Jito price prediction, JTO is expected to reach a price of $ 0.408483 by Jun 04, 2026. This would represent a -22.99% price decrease for JTO in the next 5 days.　　JTO Price Prediction Chart　　Buy/Sell Jito　　What has been going on with Jito in the last 30 days　　Jito has been displaying a positive trend recently, as the coin gained 56.73% in the last 30-days. The medium-term trend for

05-30Industry

Dogecoin Price Prediction: DOGE Holds 10 Cents for Now

Dogecoin is trying to hold the 10 cent level as buyers step in after short term drops. However, a larger Elliott Wave setup still points to downside risk if DOGE breaks below its prior low and heads toward the $0.02 to $0.03 zone.　　Dogecoin Price Reclaims 10 Cents as Analyst Points to Accumulation Setup　　Dogecoin moved back above the $0.10 level after a short term drop below it, according to a chart shared by KrissPax on X.　　The analyst said DOGE is moving through an accumulation period, with price getting pushed below key levels before buyers step in near lower prices.　　Dogecoin 30 Minute Chart. Source:　　The chart shows DOGE trading around the $0.10 level after several moves above and below that price area. A yellow dotted line marks $0.1000, making it the main level on the chart.　　DOGE first dropped below 10 cents on May 23 before bouncing sharply back above the level. The chart marks that earlier rebound with a white arrow, showing how buyers reacted after the selloff.　　A similar move appears again on May 29. DOGE fell below the 10 cent area, formed a short term low near the lower range, and then moved back above the yellow line.　　KrissPax said this is how

05-30Industry

Grayscale Files Updated S-1 For Hyperliquid Staking ETF, What Do Experts Say?

Grayscale has filed a second amended registration statement for its bid to launch a Hyperliquid staking ETF in the U.S. It comes after the fourth amendment, which included an increase in its investment objective.　　Grayscale Updates Hyperliquid Staking ETF Filing　　The firm is adding to the series of moves that bring the Hyperliquid Staking ETF closer to a potential listing in the U.S.　　The latest filing dated May 29, which was the fifth, was noted by Bloomberg ETF analyst James Seyffart on X. He calls it “amendment number five” to the proposed fund.　　The ETF will trade on the symbol HYPG. Moreover, the Grayscale ETF‘s documentation contains language of a major investment in the company’s native token Hyperliquid. However, the fee details are yet to be disclosed.　　The latest amendment doesn‘t seem to make major changes to the fund’s design, Seyffart said. “This looks like its nothing but a response to the potential minor SEC comments or small clean ups or formatting changes from what they filed yesterday,” he wrote. He said he didnt see “anything substantial” in the new document.　　The only thing that hasn‘t been changed is the seed capital proposal. The filing still mentions the use of some 2 million HYPE tokens to

05-30Industry

Brian Armstrong rebukes Dimons stablecoin attack

Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV.Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Acts stablecoin provisions.Armstrong responded on X with a hockey-themed meme depicting himself and Dimon facing off, while Galaxy CEO Mike Novogratz publicly backed Armstrong.Dimons core objection is that the Clarity Act lets crypto firms effectively pay interest on stablecoin deposits without bank-level oversight.　　Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X on Friday, hours after JPMorgan Chase CEO Jamie Dimon appeared on Fox Businesss and called Armstrong “full of sh!t” over his lobbying push for the Digital Asset Market Clarity Act.　　The exchange escalated a months-long public feud between Wall Street‘s largest bank chief and crypto’s most prominent exchange CEO, now centred on a single sticking point: whether crypto platforms should be allowed to pay yield on stablecoin balances without submitting to bank-style regulation.　　What Dimon said and what it means　　Appearing on Fox Business on May 29, Dimon said: “It allows cryptocurrency firms to effectively pay interest on deposits, stablecoins or something like that, without the protection that

05-30Industry

Solana Price Prediction: SOL Below $83, $60 Still in Play

Solana remains below the $83.05 weekly open after losing its higher range, keeping the $61.14 support area in focus. The latest heatmap also shows high leverage longs have been cleared, leaving SOL between downside risk and possible upside liquidity near $88 to $90.　　Solana Price Risks Drop Toward $60 as SOL Stays Below Weekly Open　　Solana is trading below key weekly resistance as analyst BitDealer says SOL could move toward $60.　　The weekly chart shared on X shows SOL below the weekly open near $83.05 after a sharp breakdown from the higher range. The price is also far below the yearly open near $124.44, which remains a major upside level.　　Solana Weekly Chart. Source:　　The chart shows SOL losing the orange range that held during late 2024 and 2025. That breakdown pushed price into a lower consolidation area, where buyers have not yet reclaimed the former support zone.　　The first major resistance now sits near the weekly open at $83.05. Above that, the monthly resistance near $99.76 would be the next level buyers need to recover.　　BitDealers downside target points toward the weekly support near $61.14. That level sits below the current range and marks the next major support zone on the chart.　　If SOL fails to reclaim

05-30Industry

Bybit Revamps Open Interest Reporting to Boost Market Transparency

It is the intention of this modification to promote comparability among derivatives platforms and to increase transparencyAs a result of this shift, Bybits reporting methodology is brought into alignment with procedures that are typically used throughout global derivatives markets.　　With effect from June 11, 2026, Bybit, the cryptocurrency exchange that is the second-largest in the world in terms of trading volume, has stated that it would be updating the technique that it uses to calculate Open Interest (OI). As a result of this transition, the counting of OI will shift from being bilateral (dual-sided) to being unilateral (single-counted). As a result of this shift, Bybits reporting methodology is brought into alignment with procedures that are typically used throughout global derivatives markets.　　Although it is anticipated that the presented OI values would seem to be lower owing simply to the changed counting approach, this is merely a reflection of a change in the procedures that are used to calculate. The actual positions held by traders, the restrictions placed on those positions, the margin requirements, the computations of profit and loss, and the risk exposure remaining unchanged.　　It is the intention of this modification to promote comparability among derivatives platforms and to increase transparency. Traders

05-30Industry