Latest Crypto News & Market Updates

Glassnode Warns Nearly 30% Of Bitcoin Supply Could Face Future Quantum Risks

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.　　My parents are literally the backbone of my story. They‘ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.　　I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.　　When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.　　Trust me, I‘ve had my share of experience with the ups and downs in the market but I never for once lost

05-28Industry

PDD Holdings (PDD) Stock Plunges 10% Despite Revenue Gains as Q1 Earnings Disappoint

PDD Holdings disclosed total quarterly revenue of RMB106.2 billion for the three months ending March 31, 2026. This figure represented an 11% year-over-year improvement compared to RMB95.7 billion recorded in the corresponding period of 2025. Despite this revenue acceleration, profitability metrics disappointed investors and triggered the selloff.　　Net income allocated to ordinary shareholders contracted 15% to RMB12.5 billion for the quarter. The companys non-GAAP net income similarly declined 17% to RMB14.1 billion, down from RMB16.9 billion in the prior-year quarter. This earnings compression overshadowed the positive revenue momentum and drove negative sentiment.　　Diluted earnings per American Depositary Share came in at RMB8.48, representing a decline from RMB9.94 posted in Q1 2025. On a non-GAAP basis, diluted EPS per ADS decreased to RMB9.51 from RMB11.41 year-over-year. The earnings shortfall triggered significant selling pressure on PDD Holdings shares throughout the trading session.　　Topline Momentum Offset by Escalating Operating Expenses　　PDD Holdings demonstrated continued strength in its core revenue streams throughout the reporting period. Transaction services revenue surged 20% to reach RMB56.3 billion, up from RMB47.0 billion in the year-ago quarter. Online marketing services and additional revenue streams contributed RMB49.9 billion to the quarterly total.　　However, the company confronted elevated cost pressures across multiple operational areas. Total cost

05-28Industry

Bitcoin Price Prediction – BTC Price Estimated to Reach $82,449 By Jun 02, 2026

Bitcoin is down -3.41% today against the US DollarBitcoin is currently trading 11.35% below our prediction on Jun 02, 2026Bitcoin dropped -5.07% in the last month and is down -32.76% since 1 year agoBitcoin price$ 73,088Bitcoin prediction$ 82,449SentimentFear & Greed indexKey support levels$ 73,775, $ 73,140, $ 71,982Key resistance levels$ 75,567, $ 76,725, $ 77,360　　BTC price is expected to rise by 10.98% in the next 5 days according to our Bitcoin price prediction　　is trading at $ 73,088 after losing -3.41% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.12% in the same time period.　　According to our Bitcoin price prediction, BTC is expected to reach a price of $ 82,449 by Jun 02, 2026. This would represent a 10.98% price increase for BTC in the next 5 days.　　BTC Price Prediction Chart　　Buy/Sell Bitcoin　　What has been going on with Bitcoin in the last 30 days　　Bitcoin has been displaying a negative trend recently, as the coin lost -5.07% in the last 30-days. The medium-term trend for Bitcoin has been bullish, with BTC increasing by 8.41% in the last 3 months. The long-term picture for Bitcoin has been negative, as BTC is currently displaying

05-28Industry

AEW Dynamite Results (May 27, 2026) As MJF Celebrates Title Win

After a Double or Nothing pay-per-view that some called one of the best in company history, AEW Dynamite returned on Wednesday, May 27, to follow up on what happened in Queens, New York.　　The ensuing events can be just as important as how a pay-per-view closes. Its how interest and momentum are sustained, and AEW had that task ahead of it in Philadelphia.　　Kevin Knight had questions to answer after his attack on Darby Allin to close Double or Nothing. Would he explain his actions？ And whether or not he did, who would step up to come to Allins aid？　　MJF also entered Dynamite as the new three-time AEW World Champion. Who would step up as his next challenger？　　That, and more, including additional Owen Hart Foundation Tournament matches, went down on Dynamite. Lets look at what happened:　　AEW Dynamite Results For May 27Will Ospreay spoke about how thrilled he was to win before meeting up with Kenny Omega backstage in the medical room. Omega said Ospreay can‘t trust the Death Riders and that he would do anything to help him become champion. Ospreay questioned why Omega can’t be around every week, and Omega said he has his own way of going about things physically,

05-28Industry

Bitdeer names Corsairs Potter as new CFO

Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu.Michael Potter takes over as Bitdeer CFO effective Tuesday, with outgoing CFO Jianchun Liu staying through June 30.Potter led Corsair Gamings 2020 IPO and held earlier CFO roles at Canadian Solar, Lattice Semiconductor, and STATS ChipPAC.The appointment lands as Bitdeer scales AI cloud revenue and converts mining sites for high-performance computing workloads.　　Bitdeer names ex-Corsair finance chief Michael Potter as CFO, effective Tuesday, replacing Jianchun Liu. Liu will remain through June 30.　　The Nasdaq-listed Bitcoin miner disclosed the change in a Form 6-K filing. The board approved Potters appointment as the company pushes deeper into AI cloud and data center infrastructure.　　Why the Bitdeer CFO change matters for the AI pivot　　Potter served as CFO of Corsair Gaming from November 2019 through December 2025. He led the gaming hardware manufacturers September 2020 IPO and oversaw multiple capital markets transactions, according to the filing.　　Before Corsair, Potter held CFO roles at a string of hardware-intensive public firms. Those included Canadian Solar, Lattice Semiconductor, NeoPhotonics, and STATS ChipPAC, giving him a track record across semiconductors and renewable energy.　　The filing said Liu‘s resignation was “due to personal reasons and was not the result of any

05-28Industry

Anchorage Digital Launches fUSD as SoFi Enters Stablecoins

Falcon Finance has launched a dollar-backed stablecoin, fUSD, through Anchorage Digital Banks federally regulated issuance platform, according to a Wednesday announcement.　　The companies said the stablecoin is backed by short-dated US Treasurys, cash and Treasury-backed repurchase agreements.　　The new stablecoin is designed for institutional trading, collateral and treasury workflows and will initially be used as collateral through Ceffu‘s MirrorRSV system. According to the announcement, the stablecoin extends Falcon Finance’s existing USDf synthetic dollar product into federally regulated issuance.　　The companies said fUSDs reserve structure was designed to align with standards proposed under the GENIUS Act, which would establish federal rules for dollar-backed stablecoins in the United States.　　Falcon Finance Chief RWA Officer Artem Tolkachev told Cointelegraph that the stablecoins structure separates token issuance from reward payments in an effort to comply with proposed restrictions on yield-bearing stablecoins under the bill.　　“Anchorage issues fUSD and pays no yield on the token itself,” Tolkachev said. “Falcon pays rewards to qualifying institutional holders through separate contracts.”　　Anchorage Digital said the stablecoin is being issued through its federally regulated banking platform, which includes AML and KYC requirements tied to US banking rules. The company is the parent of Anchorage Digital Bank, which received a national trust bank charter from the

05-28Industry

Silver Drops 3.24% in Shanghai as Precious Metals Face Fresh Selling

The silver move coincided with a rising inventory of the same metal in SHFE vaults and a deteriorating chart structure from the side of the platinum analysts.　　Silver was broadly down, and platinum had fresh technical weakness in precious metals in Shanghai. Silver and gold, palladium and platinum also ended the session down, with silver finishing at $83.73, according to SilverTrade.　　Traders are now focused on whether the sell-off will resume or if buyers will be able to provide support at key levels after the recent big pullback.　　Silver Leads Shanghai Metals Selloff　　The major metals listed in the daily report of China SGE/SHFE made the biggest declines, with silver seeing the sharpest drop. The report revealed that silver on SHFE closed at 18,251 yuan per kilogram, a 3.24% decrease, and that the converted dollar price stood close to USD 83.73 per ounce.　　According to the analyst‘s X post, the weakening of silver was the highlight of the day’s metals weakness. Gold on SHFE also fell, closing at 983.56 yuan per gram, down 1.58%, or about $4,512.10 per ounce. SGE gold also moved lower, with Au(T+D) closing at 981.95 yuan, down 1.22%, or around $4,504.72.　　Silver on SGE settled at 18,202 yuan per kilogram, 2.49% lower

05-28Industry

Prediction markets battle escalates after president Donald Trump sides with CFTC

The CFTC has moved a proposed rule on prediction-markets event contracts into White House review as federal and state officials fight over who should police the fast-growing sector.The CFTCs proposed prediction-market rule is under White House review before it can be released for public comment.The rule could create the first comprehensive federal framework for event contracts and affect platforms such as Kalshi and Polymarket.Trump backed CFTC control over prediction markets, while Illinois Governor JB Pritzker defended state action against insider trading.　　Bloomberg first reported that the proposal is now before the White House Office of Management and Budget, a step that precedes the Commodity Futures Trading Commissions release of the plan for public comment. The details have not yet been published.　　CFTC pushes toward event contract rules　　The proposed rule is expected to draw from a CFTC consultation held in the spring, which attracted more than 3,000 public comments. Those responses covered insider trading, barred contracts, market safeguards, and the legal structure around event contracts.　　If adopted, the rule would give the US its first full federal framework for prediction-market contracts. It could also affect how platforms such as Kalshi and Polymarket serve US users, especially as the industry faces rising legal pressure from

05-28Industry

Indonesia Blocks Polymarket: Prediction vs Gambling Law

How are other countries drawing the line right now？　　There is no global consensus. A few broad patterns are visible:　　In the United States, federal derivatives law often applies to event contracts. Some platforms have sought regulated pathways for limited categories (such as certain economic indicators), but political markets remain a flashpoint, with ongoing litigation and administrative proceedings. PredictIt‘s academic-market no-action relief was partially curtailed, and Kalshi’s attempts to list political contracts drew challenges—illustrating the contested perimeter.　　In the United Kingdom, the Gambling Commission can treat real-money event markets as betting unless they fall under financial-services rules. Political-betting permissions are narrower than sports, and consumer-protection expectations are high.　　The European Unions MiCA regime focuses on crypto-asset issuance and service providers; it does not directly license gambling. Event markets offering non-financial outcomes for cash stakes are generally caught by national gambling laws, not MiCA.　　Across Asia-Pacific, authorities vary: some emphasize gambling prohibitions and payment controls; others explore sandboxed derivatives approaches. The common thread is that unlicensed, offshore, retail-facing event betting tends to be restricted.　　What risks do users face when a platform is blocked？　　Regulatory blocks change your risk profile immediately. Even if you previously accessed a platform, you may not be able to close positions, withdraw promptly,

05-28Industry

BIS tokenization moves to real value payments

BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials.Project Agora demonstrated tokenised cross-border settlement across seven central banks and more than 40 financial institutions.The Bank of Canada joined Wednesday, with real-value transactions set as the next testing milestone.The prototype preserves correspondent banking, sanctions screening, and SWIFT compatibility rather than replacing them.　　BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International Settlements confirmed the move Wednesday.　　Project Agora, a public-private collaboration with seven central banks and more than 40 financial institutions, showed that tokenised commercial bank deposits can settle against tokenised central bank reserves on a shared platform with finality across jurisdictions.　　Why the BIS tokenization prototype matters for global banks　　The prototype demonstrated atomic settlement, where every leg of a cross-border transaction clears at the same instant or not at all. Banks involved said the design compresses correspondent flows that currently take days into seconds.　　“Once you know you have everything to run the transaction, you settle it in one go,” BIS Deputy General Manager Andrea Maechler said in remarks accompanying the release. The Bank of Canada also joined the project on Wednesday.　　Project

05-28Industry

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