Latest Crypto News & Market Updates

IOTA rockets 14% as whales accumulate - Perps back the move

Tech　　IOTA rockets 14% as whales accumulate – Perps back the move　　Bitcoin Ethereum News　　IOTA has posted a 14% gain, and the conditions supporting further upside remain clearly intact in the near term.　　Spot activity, whale involvement, and perpetual market funding are all aligning to set IOTA up for a continued run in the market, and the convergence of these signals makes the current setup worth paying close attention to.　　Whale delta holds positive as Spot buyers accumulate　　Whale involvement in the IOTA market has been running high, with the whale-versus-retail delta maintaining a positive reading of 0.341 in the market.　　A positive reading in this metric signals that there is ongoing net whale accumulation outpacing retail involvement in the market.　　This trend has been strengthening since the 22nd of May, and given that whales are known to control a significantly larger portion of market liquidity compared to retail traders, their sustained accumulation carries meaningful implications for where price heads next.　　Source: CoinGlass　　The Spot market has reinforced this picture with rising buying activity over the past two days, with accumulation growing significantly within that period.　　Spot netflow data shows net buying has reached approximately $232,000, as traders continue to show clear interest in IOTA and accumulate more of the

05-30Industry

Trump Pushes CLARITY Act to Future-Proof Crypto Regulation

U.S. President Donald Trump has announced his support for codifying a “future-proof digital asset market structure,” referring to the pending Digital Asset Market Clarity Act (CLARITY Act). In a statement posted to his Truth Social platform on May 28, Trump vowed that the legislation would shield the crypto industry from what he called “crypto haters” in future administrations.　　The CLARITY Act, which passed the House in July 2025, has since faced delays in the Senate due to political gridlock, conflicts of interest, and concerns over ethical provisions. The bill has advanced through Senate committees but requires bipartisan support to pass the chamber, where Republicans hold a narrow majority. While Trump claims the Act will provide certainty for the crypto market, its progress remains uncertain, as some lawmakers demand stricter ethics clauses tied to industry regulation.　　Trump‘s latest move aligns with a broader pro-crypto agenda he has championed since his return to the White House in 2025. This includes Executive Order 14178, signed in January 2025, which aimed to strengthen U.S. leadership in digital financial technology. In March 2025, Trump formally authorized the creation of a U.S. Strategic Bitcoin Reserve, further solidifying his administration’s commitment to cryptocurrency.　　However, skepticism lingers over Trump‘s personal ties

05-30Industry

Can XRP Repeat Stellar (XLM) Price Success After DTCC Integration?

Tech　　Can XRP Repeat Stellar (XLM) Price Success After DTCC Integration？　　Bitcoin Ethereum NewsWhy the DTCC announcement only sparked one tokenShould XRP investors expect a repeat？　　The historical correlation between XRP and Stellar (XLM) has officially cracked this week. While XLM jumped 50% in just a couple of days after the announcement of a partnership with clearing giant DTCC and erased its yearly decline, XRP remained near the bottom with a YTD result of -29.15%.　　We break down why XRP cannot repeat this move through the DTCC angle, but is preparing much heavier artillery.　　Why the DTCC announcement only sparked one token　　The main paradox of the May split between the charts lies in the timeline, since Ripples ecosystem interacted with DTCC two months earlier, in March 2024.　　Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges　　JPMorgan Boss on Crypto Bill: ‘We’ll Fight It　　But after the announcement of Stellars integration, the clearing giant, which processes quadrillions of dollars per year, now has fundamentally different integrations with both projects in terms of substance and timing:Stellar (XLM): The market reacted to a fresh and tangible trigger, namely the launch of tokenized Russell 1000 stocks, major ETFs and U.S. Treasuries directly on the

05-30Industry

Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets

Prediction market Kalshi filed a federal lawsuit against a Minnesota bill to criminalize operating, hosting or promoting such a platform in the state starting Aug. 1.　　The filing follows a motion filed by the Commodity Futures Trading Commission (CFTC) on May 19, the day after the law was signed by Governor Tim Walz, arguing that the legislation violated the U.S. Constitution by criminalizing at the state level the operation of prediction markets governed by federal regulators.　　In its filing, Kalshi claimed the law violates the Supremacy Clause of the constitution, which says the federal Commodity Exchange Act (CEA) grants the CFTC “exclusive jurisdiction” over derivatives and swaps traded on designated contract markets (DCMs).　　The platform also challenged a provision that criminalizes the marketing or advertising of prediction markets, saying it violated the First Amendment.　　On Wednesday, U.S. President Donald Trump said it was critically important that the CFTC maintain sole authority over prediction markets, echoing CFTC Chair Michael Seligl.　　Kalshi has recently won similar preliminary injunctions against enforcement attempts in New Jersey and Arizona.　　Prediction markets are facing challenges outside the U.S. and in the past week have been banned in countries including Indonesia, Spain and India.　　The U.S. government is conducting a probe into prediction markets,

05-30Industry

Gemini Taps Grok for Custom AI-Powered Prediction Markets

The tool is powered by Grok, the AI model created by SpaceXAI, a division of Musks rocket-building company SpaceX that runs Grok and the social media website X.　　Gemini is one of several crypto exchanges expanding beyond spot and derivatives trading into prediction markets and AI amid a crypto market slump that has caused trading volumes and profits to sink.　　Last month, Gemini introduced a feature letting users connect AI models like ChatGPT and Claude to their trading accounts to autonomously monitor markets and even execute trades on their behalf.　　Gemini prediction markets revenue hits $400,000 in Q1　　Gemini said in its first quarter results released earlier this month that its prediction markets platform made a revenue of $400,000 from 20,000 users, a fraction of the revenue and users recorded on market leaders Kalshi and Polymarket.　　Gemini reported a 42% year-on-year increase in revenue to $50.3 million for the quarter as it continued expanding from a crypto-native trading platform into a financial services company.　　Gemini also managed to trim its quarterly net loss by 27% year-on-year to $109 million.　　Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraphs Editorial Policy and aims to provide accurate and timely information. Readers are

05-30Industry

Analyst Compares This Bitcoin Bear Market To Previous Cycles To Show What’s Coming Next

Bitcoin　　Analyst Compares This Bitcoin Bear Market To Previous Cycles To Show Whats Coming Next　　Bitcoin Ethereum News　　Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scotts dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.　　Scott‘s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.　　With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author

05-30Industry

Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows

Torrid week so far for with outflows totalling $1.3 billion.　　Total value traded reached $2.36 billion, while total net assets closed at $94.25 billion. The decline kept the category firmly below the $100 billion mark, underscoring the scale of the recent pullback.　　Ether ETFs remained under deeper strain. The group posted $121.35 million in net outflows, extending its losing streak to 13 straight trading days. Blackrocks ETHA accounted for the largest share, with an $80.39 million exit.　　Grayscale‘s ETHE lost $21.36 million, Fidelity’s FETH saw $15.08 million leave, and Grayscales Ether Mini Trust recorded $7.65 million in outflows.　　There was one small sign of support. Blackrocks ETHB drew $3.11 million in inflows, though it was not enough to offset the wider pressure. Total ether ETF value traded stood at $691.34 million, and net assets closed at $11.30 billion.　　ETFs again offered a more balanced picture.　　HYPE ETFs added $1.72 million, with Bitwise‘s BHYP bringing in $1.02 million and 21Shares’ THYP adding $700,240. Total value traded was $34.76 million, while net assets rose to $122.20 million.　　ETFs posted $1.77 million in inflows, entirely through Bitwises product. Total value traded came in at $12.13 million, with net assets closing at $1.12 billion.　　Solana ETFs added $484,370, all through Fidelitys FSOL.

05-30Industry

Buy Side Explodes: XRP Liquidity 7x Heavier Than Sells On Coinbase

Traders watching Stellars 40% weekly surge are now turning their attention to $XRP, asking whether the older and larger token could be next. The two assets share a long history of moving in tandem, and some analysts say the setup is starting to look familiar.　　$XRP And $XLM: A Recurring Pattern　　Analyst Kevin Cage pointed out that while $XLM broke out after months of sideways trading, $XRP has remained range-bound. Reports indicate that if momentum picks up, some traders are projecting a move toward the $1.76 to $2 range for $XRP sometime in June.　　$XRP itself posted a 2.50% gain in the past 24 hours, though it remains down 2.50% over the last seven days and about 5% over the past month. The price was last seen hovering near the $1.23 to $1.30 liquidity zone on Coinbases spot market.　　$XRP orderbook on Coinbase is still heavily skewed towards bids (nearly 7x on the large bands)　　Now this doesnt automatically mean “price go up”　　But it does mean its much easier to move price meaningfully up then down　　What The Order Book Is Showing　　That liquidity zone is exactly where analyst Dom‘s findings get interesting. According to Dom, a heatmap of Coinbase’s $XRP order book shows buy orders stacked

05-30Exchange

Dell (DELL) Stock Explodes 32% Higher as AI Server Sales Skyrocket 757%

Dell Technologies Inc., DELL　　The results were nothing short of spectacular. First-quarter revenue soared nearly 88% year over year, fueled by unprecedented demand for AI infrastructure. Revenue from AI-optimized servers alone reached $16.1 billion — representing a staggering 757% jump compared to the year-ago period.　　Adjusted earnings per share landed at $4.86, crushing Wall Streets consensus forecast of $2.94.　　Ben Reitzes, who leads technology research at Melius, didn‘t mince words: “They beat every line in the model — so this wasn’t just AI, it was great execution.”　　Wall Street Rushes to Adjust Forecasts　　The blowout results triggered a flurry of target price increases Friday morning.　　Susquehanna delivered the most dramatic revision, elevating Dell to Positive from Neutral while boosting its price target to $700 from $138. The investment firm highlighted AI server growth occurring without margin compression, expanding opportunities in inferencing workloads, and stronger-than-anticipated performance across client solutions.　　J.P. Morgan maintained its Overweight stance while increasing its target to $500 from $280. Analyst Samik Chatterjee observed that Dells revised fiscal 2027 guidance was lifted “materially once again,” with customer demand running significantly ahead of projections and order pipeline clarity extending deeper into the calendar.　　Dell‘s revised full-year AI revenue forecast of $60 billion suggests 144% annual growth, per

05-30Industry

Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase

Ethereum　　Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase　　Bitcoin Ethereum News　　Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH.　　The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token.　　CEO Sam Tabar said the purchase reduced Bit Digital‘s average ETH acquisition cost and was part of the company’s strategy to grow net asset value per share through Ethereum accumulation, AI infrastructure and acquisitions.　　Bit Digital operates across Ethereum treasury management, AI and high-performance computing infrastructure and strategic acquisitions. Its WhiteFiber subsidiary trades on Nasdaq under the ticker WYFI.　　Based on CoinGecko data, Bit Digital‘s previously reported holdings of roughly 140,008 ETH placed it behind Coinbase Global, which held about 151,175 ETH. The company’s newly announced purchase would move its treasury above Coinbases holdings, making Bit Digital the fourth-largest public corporate Ethereum holder.　　The companys shares closed Wednesday at $2.03, while the stock was up roughly 35.5% over the past month, according to Yahoo Finance data.　　Ethereum fundamentals remain strong despite price weakness　　The purchase comes as some analysts argue Ethereums network activity remains significantly stronger than its market performance. In a Thursday report, Standard Chartered

05-30Ethereum

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